GF Fund Management
GUANGZHOU, F4files as GF FUND MANAGEMENT CO. LTD.
$8.3bn in 587 US stocks at the end of 30 June 2026. The top 10 are 46.6% of the money. It changed about 28.3% of the portfolio this quarter.
Value
$8.3bn
Stocks
587
Top 10 share
46.6%
Turnover
28.3%
What changed this quarter
New
Bought for the first time this quarter.
- InnioINIO2.4% of the fund
- Onto InnovationONTO1.0% of the fund
- Cerebras SystemsCBRS0.8% of the fund
- SemtechSMTC0.2% of the fund
- Astera LabsALAB0.2% of the fund
- Honeywell InternationalHON0.2% of the fund
- Advanced Energy IndustriesAEIS0.2% of the fund
- Honeywell AerospaceHONA0.2% of the fund
- Kulicke & Soffa IndustriesKLIC0.2% of the fund
- Space Exploration TechnologiesSPCX0.2% of the fund
- BaiduBIDU<0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
- S&P GlobalSPGI<0.1% of the fund
- Duke EnergyDUK<0.1% of the fund
- IrenIREN<0.1% of the fund
- AdeiaADEA<0.1% of the fund
- Ascendis Pharma A/SASND<0.1% of the fund
- Diversified EnergyDEC<0.1% of the fund
- Veeva SystemsVEEV<0.1% of the fund
- Sandridge EnergySD<0.1% of the fund
- CME GroupCME<0.1% of the fund
- First Tracks BiotherapeuticsTRAX<0.1% of the fund
- Service Properties TrustSVC<0.1% of the fund
Added
Bought more of a stock they already held.
- Advanced Micro DevicesAMD4.3% of the fund+88%
- Lam ResearchLRCX3.6% of the fund+4%
- Applied MaterialsAMAT3.2% of the fund+58%
- BroadcomAVGO2.8% of the fund+8%
- ASML Holding NVASML2.6% of the fund+3%
- TeradyneTER2.1% of the fund+20%
- FormfactorFORM1.5% of the fund+6367%
- Seagate Technology HoldingsSTX1.4% of the fund+178%
- PDD HoldingsPDD0.8% of the fund+9%
- Palo Alto NetworksPANW0.7% of the fund+14%
- Marvell TechnologyMRVL0.7% of the fund+6%
- Western DigitalWDC0.6% of the fund+20%
- QualcommQCOM0.6% of the fund+16%
- ARM HoldingsARM0.5% of the fund+323%
- Nebius GroupNBIS0.4% of the fund+90%
- Robinhood MarketsHOOD0.3% of the fund+22%
- Johnson & JohnsonJNJ0.2% of the fund+7%
- Valero EnergyVLO0.2% of the fund+14%
- CoreWeaveCRWV0.1% of the fund+215%
- Xcel EnergyXEL0.1% of the fund+4%
- Uber TechnologiesUBER0.1% of the fund+16%
- Full Truck AllianceYMM<0.1% of the fund+13%
- StrategyMSTR<0.1% of the fund+22%
- KanzhunBZ<0.1% of the fund+8%
- Tencent Music Entmt GroupTME<0.1% of the fund+5%
Cut
Sold some of their stake.
- AppleAAPL4.9% of the fund-2%
- MicrosoftMSFT2.4% of the fund-16%
- TeslaTSLA1.9% of the fund-25%
- IntelINTC1.8% of the fund-11%
- Meta PlatformsMETA1.6% of the fund-12%
- WalmartWMT1.3% of the fund-15%
- Tower SemiconductorTSEM0.7% of the fund-80%
- AmgenAMGN0.6% of the fund-2%
- Gilead SciencesGILD0.5% of the fund-3%
- T-Mobile USTMUS0.4% of the fund-2%
- Lumentum HoldingsLITE0.4% of the fund-87%
- AppLovinAPP0.4% of the fund-24%
- Vertex PharmaceuticalsVRTX0.4% of the fund-3%
- Eli LillyLLY0.3% of the fund-3%
- VicorVICR0.3% of the fund-47%
- FortinetFTNT0.3% of the fund-3%
- ConocoPhillipsCOP0.3% of the fund-40%
- Marriott InternationalMAR0.2% of the fund-3%
- Constellation EnergyCEG0.2% of the fund-8%
- Automatic Data ProcessingADP0.2% of the fund-3%
- ComcastCMCSA0.2% of the fund-3%
- MercadoLibreMELI0.2% of the fund-14%
- SynopsysSNPS0.2% of the fund-21%
- AdobeADBE0.2% of the fund-12%
- Regeneron PharmaceuticalsREGN0.2% of the fund-9%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- CoherentCOHR-100%
- Coterra EnergyCTRA-100%
- Thomson Reuters-100%
- Cognizant Technology SolutionsCTSH-100%
- Charter CommunicationsCHTR-100%
- Verisk AnalyticsVRSK-100%
- ZscalerZS-100%
- Costar GroupCSGP-100%
- NavanNAVN-100%
- AtlassianTEAM-100%
- ServiceNowNOW-100%
- Amkor TechnologyAMKR-100%
- VistraVST-100%
- Celsius HoldingsCELH-100%
- Spotify TechnologySPOT-100%
- FerrariRACE-100%
- TransDigm GroupTDG-100%
- CF Industries HoldingsCF-100%
- Hologic-100%
- Coca-ColaKO-100%
- Ascendis Pharma A/SASND-100%
- DOWDOW-100%
- Hims & Hers HealthHIMS-100%
- Molina HealthcareMOH-100%
Holdings
- InnioINIO
- Share
- 2.4%
- Value
- $197m
- Shares
- 4,970,000
New
- PDD HoldingsPDD
- Share
- 0.8%
- Value
- $69m
- Shares
- 907,898
+9%
- Cerebras SystemsCBRS
- Share
- 0.8%
- Value
- $66m
- Shares
- 297,940
New
- ARM HoldingsARM
- Share
- 0.5%
- Value
- $43m
- Shares
- 119,924
+323%
- Honeywell AerospaceHONA
- Share
- 0.2%
- Value
- $14m
- Shares
- 63,982
New
- Space Exploration TechnologiesSPCX
- Share
- 0.2%
- Value
- $13m
- Shares
- 76,009
New
- Electronic ArtsEA
- Share
- 0.1%
- Value
- $10m
- Shares
- 50,639
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| SandiskSNDK | 8.9% | $741m | 325,682 | Held |
| Micron TechnologyMU | 6.2% | $517m | 448,075 | Held |
| NvidiaNVDA | 5.6% | $468m | 2,336,742 | Held |
| AppleAAPL | 4.9% | $412m | 1,423,923 | -2% |
| Advanced Micro DevicesAMD | 4.3% | $360m | 619,172 | +88% |
| Lam ResearchLRCX | 3.6% | $298m | 688,419 | +4% |
| Amazon.comAMZN | 3.5% | $296m | 1,241,232 | Held |
| AlphabetGOOG | 3.4% | $284m | 803,600 | Held |
| Applied MaterialsAMAT | 3.2% | $271m | 374,268 | +58% |
| BroadcomAVGO | 2.8% | $236m | 625,760 | +8% |
| ASML Holding NVASML | 2.6% | $213m | 107,010 | +3% |
| MicrosoftMSFT | 2.4% | $203m | 543,732 | -16% |
| InnioINIO | 2.4% | $197m | 4,970,000 | New |
| TeradyneTER | 2.1% | $176m | 362,931 | +20% |
| TeslaTSLA | 1.9% | $158m | 374,911 | -25% |
| AlphabetGOOGL | 1.8% | $154m | 430,477 | Held |
| IntelINTC | 1.8% | $150m | 1,073,321 | -11% |
| Meta PlatformsMETA | 1.6% | $130m | 230,625 | -12% |
| FormfactorFORM | 1.5% | $124m | 776,000 | +6367% |
| Seagate Technology HoldingsSTX | 1.4% | $117m | 121,597 | +178% |
| WalmartWMT | 1.3% | $112m | 989,168 | -15% |
| Cisco SystemsCSCO | 1.1% | $93m | 795,971 | Held |
| Onto InnovationONTO | 1.0% | $86m | 228,000 | New |
| Costco WholesaleCOST | 1.0% | $84m | 89,596 | Held |
| KLAKLAC | 1.0% | $81m | 269,481 | Held |
| PDD HoldingsPDD | 0.8% | $69m | 907,898 | +9% |
| Cerebras SystemsCBRS | 0.8% | $66m | 297,940 | New |
| Palo Alto NetworksPANW | 0.7% | $62m | 181,601 | +14% |
| NetflixNFLX | 0.7% | $61m | 850,369 | Held |
| Tower SemiconductorTSEM | 0.7% | $59m | 225,856 | -80% |
| Marvell TechnologyMRVL | 0.7% | $56m | 187,949 | +6% |
| Texas InstrumentsTXN | 0.7% | $55m | 183,793 | Held |
| Palantir TechnologiesPLTR | 0.6% | $54m | 464,085 | Held |
| Western DigitalWDC | 0.6% | $54m | 84,107 | +20% |
| LindeLIN | 0.6% | $49m | 94,006 | Held |
| QualcommQCOM | 0.6% | $47m | 254,344 | +16% |
| AmgenAMGN | 0.6% | $47m | 129,406 | -2% |
| CrowdStrike HoldingsCRWD | 0.5% | $43m | 56,932 | Held |
| ARM HoldingsARM | 0.5% | $43m | 119,924 | +323% |
| Analog DevicesADI | 0.5% | $39m | 98,367 | Held |
| Gilead SciencesGILD | 0.5% | $38m | 300,113 | -3% |
| PepsiCoPEP | 0.4% | $37m | 276,018 | Held |
| Booking HoldingsBKNG | 0.4% | $37m | 209,337 | Held |
| T-Mobile USTMUS | 0.4% | $37m | 218,551 | -2% |
| Nebius GroupNBIS | 0.4% | $36m | 131,578 | +90% |
| Ross StoresROST | 0.4% | $35m | 163,873 | Held |
| Lumentum HoldingsLITE | 0.4% | $33m | 37,935 | -87% |
| Intuitive SurgicalISRG | 0.4% | $32m | 81,429 | Held |
| AppLovinAPP | 0.4% | $32m | 61,743 | -24% |
| Vertex PharmaceuticalsVRTX | 0.4% | $31m | 62,678 | -3% |
| ShopifySHOP | 0.3% | $28m | 246,294 | Held |
| Eli LillyLLY | 0.3% | $27m | 22,453 | -3% |
| Robinhood MarketsHOOD | 0.3% | $24m | 234,881 | +22% |
| StarbucksSBUX | 0.3% | $24m | 230,161 | Held |
| VicorVICR | 0.3% | $23m | 60,972 | -47% |
| FortinetFTNT | 0.3% | $23m | 147,958 | -3% |
| Cadence Design SystemsCDNS | 0.3% | $21m | 55,701 | Held |
| ConocoPhillipsCOP | 0.3% | $21m | 200,838 | -40% |
| SemtechSMTC | 0.2% | $21m | 127,000 | New |
| Marriott InternationalMAR | 0.2% | $20m | 53,252 | -3% |
| Monster BeverageMNST | 0.2% | $19m | 197,508 | Held |
| Constellation EnergyCEG | 0.2% | $18m | 72,942 | -8% |
| Automatic Data ProcessingADP | 0.2% | $18m | 80,727 | -3% |
| CSXCSX | 0.2% | $18m | 375,251 | Held |
| ComcastCMCSA | 0.2% | $18m | 719,503 | -3% |
| DatadogDDOG | 0.2% | $17m | 66,810 | Held |
| MercadoLibreMELI | 0.2% | $17m | 10,239 | -14% |
| SynopsysSNPS | 0.2% | $17m | 38,669 | -21% |
| AdobeADBE | 0.2% | $17m | 81,831 | -12% |
| Astera LabsALAB | 0.2% | $17m | 34,616 | New |
| Johnson & JohnsonJNJ | 0.2% | $17m | 65,712 | +7% |
| Regeneron PharmaceuticalsREGN | 0.2% | $16m | 25,824 | -9% |
| O'Reilly AutomotiveORLY | 0.2% | $15m | 167,359 | -3% |
| DoorDashDASH | 0.2% | $15m | 83,069 | Held |
| Diamondback EnergyFANG | 0.2% | $15m | 86,304 | -20% |
| American Electric PowerAEP | 0.2% | $15m | 109,882 | -2% |
| Mondelez InternationalMDLZ | 0.2% | $15m | 259,233 | Held |
| IntuitINTU | 0.2% | $15m | 55,632 | -3% |
| NXP SemiconductorsNXPI | 0.2% | $14m | 50,987 | Held |
| Honeywell InternationalHON | 0.2% | $14m | 63,983 | New |
| Advanced Energy IndustriesAEIS | 0.2% | $14m | 37,959 | New |
| Honeywell AerospaceHONA | 0.2% | $14m | 63,982 | New |
| CintasCTAS | 0.2% | $14m | 80,798 | Held |
| Monolithic Power SystemsMPWR | 0.2% | $14m | 9,921 | Held |
| Warner Bros. DiscoveryWBD | 0.2% | $13m | 506,315 | Held |
| Kulicke & Soffa IndustriesKLIC | 0.2% | $13m | 97,479 | New |
| Space Exploration TechnologiesSPCX | 0.2% | $13m | 76,009 | New |
| PaccarPCAR | 0.2% | $13m | 106,283 | Held |
| Valero EnergyVLO | 0.2% | $13m | 48,950 | +14% |
| Marathon PetroleumMPC | 0.1% | $12m | 48,126 | -26% |
| Rocket LabRKLB | 0.1% | $12m | 120,526 | -7% |
| AbbVieABBV | 0.1% | $12m | 48,257 | Held |
| AirbnbABNB | 0.1% | $12m | 84,401 | -3% |
| CoreWeaveCRWV | 0.1% | $12m | 119,507 | +215% |
| Taiwan Semiconductor ManufacturingTSM | 0.1% | $12m | 24,600 | -38% |
| CienaCIEN | 0.1% | $11m | 23,000 | -79% |
| FastenalFAST | 0.1% | $11m | 231,845 | Held |
| Baker HughesBKR | 0.1% | $11m | 200,348 | Held |
| Microchip TechnologyMCHP | 0.1% | $10m | 113,882 | Held |
| Electronic ArtsEA | 0.1% | $10m | 50,639 | Held |
Showing the largest 100 of 587.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 67.6% since 30 June 2025.
Where the money is
Technology66.2%
Media & telecom8.9%
Retail & consumer7.4%
Industrials4.8%
Health care4.1%
Everyday goods3.5%
Energy1.7%
Utilities0.7%
Materials0.6%
Financial services0.6%
Real estate0.2%
Other1.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.