Grand Alliance Asset Management
HONG KONG, K3files as Grand Alliance Asset Management Ltd
$167m in 15 US stocks at the end of 30 June 2026. The top 10 are 86.6% of the money. It changed about 44.3% of the portfolio this quarter.
Value
$167m
Stocks
15
Top 10 share
86.6%
Turnover
44.3%
What changed this quarter
New
Bought for the first time this quarter.
- NokiaNOK11.4% of the fund
- FormfactorFORM7.2% of the fund
- TeradyneTER4.4% of the fund
- Viavi SolutionsVIAV3.7% of the fund
- Vishay IntertechnologyVSH3.3% of the fund
Added
Bought more of a stock they already held.
- TTM TechnologiesTTMI3.3% of the fund+12%
Cut
Sold some of their stake.
- Lumentum HoldingsLITE16.1% of the fund-41%
- SandiskSNDK12.6% of the fund-71%
- Micron TechnologyMU11.8% of the fund-19%
- Western DigitalWDC6.1% of the fund-56%
- CoherentCOHR5.2% of the fund-27%
- Lam ResearchLRCX3.9% of the fund-67%
- Bloom EnergyBE1.8% of the fund-78%
- NvidiaNVDA1.2% of the fund-72%
Sold out
Sold their entire stake.
- CelesticaCLS-100%
- BroadcomAVGO-100%
- On Holding AGONON-100%
Holdings
- NokiaNOK
- Share
- 11.4%
- Value
- $19m
- Shares
- 1,430,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Lumentum HoldingsLITE | 16.1% | $27m | 31,275 | -41% |
| SandiskSNDK | 12.6% | $21m | 9,260 | -71% |
| Micron TechnologyMU | 11.8% | $20m | 17,000 | -19% |
| NokiaNOK | 11.4% | $19m | 1,430,000 | New |
| CorningGLW | 7.9% | $13m | 51,800 | Held |
| FormfactorFORM | 7.2% | $12m | 74,650 | New |
| Western DigitalWDC | 6.1% | $10m | 16,000 | -56% |
| CoherentCOHR | 5.2% | $9m | 21,950 | -27% |
| TeradyneTER | 4.4% | $7m | 15,000 | New |
| Lam ResearchLRCX | 3.9% | $6m | 15,000 | -67% |
| Viavi SolutionsVIAV | 3.7% | $6m | 129,200 | New |
| Vishay IntertechnologyVSH | 3.3% | $6m | 103,400 | New |
| TTM TechnologiesTTMI | 3.3% | $5m | 29,200 | +12% |
| Bloom EnergyBE | 1.8% | $3m | 10,000 | -78% |
| NvidiaNVDA | 1.2% | $2m | 10,100 | -72% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 88.2% since 30 June 2025.
Where the money is
Technology86.8%
Industrials1.8%
Other11.4%
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.