Monolith Management
HONG KONG, K3files as Monolith Management Ltd
$166m in 17 US stocks at the end of 30 June 2026. The top 10 are 96.8% of the money. It changed about 58.3% of the portfolio this quarter.
Value
$166m
Stocks
17
Top 10 share
96.8%
Turnover
58.3%
What changed this quarter
New
Bought for the first time this quarter.
- Micron TechnologyMU17.6% of the fund
- Lam ResearchLRCX14.9% of the fund
- STMicroelectronicsSTM0.7% of the fund
- Marvell TechnologyMRVL0.6% of the fund
- Advanced Micro DevicesAMD0.4% of the fund
- SemtechSMTC0.3% of the fund
Added
Bought more of a stock they already held.
- New Oriental Education & Technology GroupEDU12.2% of the fund+349%
- FabrinetFN0.3% of the fund+40%
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM25.5% of the fund-40%
- SynopsysSNPS10.5% of the fund-53%
- Alibaba Group HldgBABA6.8% of the fund-64%
- MKSMKSI0.5% of the fund-42%
- Tower SemiconductorTSEM0.5% of the fund-95%
Sold out
Sold their entire stake.
- AlphabetGOOG-100%
- AXTAXTI-100%
- TeslaTSLA-100%
- SandiskSNDK-100%
- Atour Lifestyle HldgsATAT-100%
- Lockheed MartinLMT-100%
- TransoceanRIG-100%
- Spdr Gold TRGLD-100%
- IntelINTC-100%
- Lumentum HoldingsLITE-100%
- H World GroupHTHT-100%
- Zepp HealthZEPP-100%
- Robinhood MarketsHOOD-100%
- Comfort Systems USAFIX-100%
- NvidiaNVDA-100%
- RambusRMBS-100%
- CoherentCOHR-100%
- FlexFLEX-100%
- Applied OptoelectronicsAAOI-100%
- FrontlineFRO-100%
Holdings
- Alibaba Group HldgBABA
- Share
- 6.8%
- Value
- $11m
- Shares
- 117,505
-64%
- HuyaHUYA
- Share
- 2.7%
- Value
- $5m
- Shares
- 1,965,800
Held
- SeaSE
- Share
- 2.3%
- Value
- $4m
- Shares
- 40,050
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 25.5% | $42m | 88,450 | -40% |
| Micron TechnologyMU | 17.6% | $29m | 25,240 | New |
| Lam ResearchLRCX | 14.9% | $25m | 57,100 | New |
| New Oriental Education & Technology GroupEDU | 12.2% | $20m | 439,500 | +349% |
| SynopsysSNPS | 10.5% | $17m | 39,217 | -53% |
| Alibaba Group HldgBABA | 6.8% | $11m | 117,505 | -64% |
| HuyaHUYA | 2.7% | $5m | 1,965,800 | Held |
| SeaSE | 2.3% | $4m | 40,050 | Held |
| Nu HoldingsNU | 2.2% | $4m | 277,900 | Held |
| CoupangCPNG | 2.1% | $3m | 196,150 | Held |
| STMicroelectronicsSTM | 0.7% | $1m | 14,800 | New |
| Marvell TechnologyMRVL | 0.6% | $1m | 3,600 | New |
| MKSMKSI | 0.5% | $889,600 | 2,000 | -42% |
| Tower SemiconductorTSEM | 0.5% | $781,920 | 3,000 | -95% |
| Advanced Micro DevicesAMD | 0.4% | $580,910 | 1,000 | New |
| FabrinetFN | 0.3% | $472,147 | 840 | +40% |
| SemtechSMTC | 0.3% | $453,180 | 2,800 | New |
Options (2)
- PDD HoldingsPDD
- Type
- Call
- Value
- $32m
- Contracts
- 424,500
- Alibaba Group HldgBABA
- Type
- Call
- Value
- $23m
- Contracts
- 240,500
| Company | Type | Value | Contracts |
|---|---|---|---|
| PDD HoldingsPDD | Call | $32m | 424,500 |
| Alibaba Group HldgBABA | Call | $23m | 240,500 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 41.3% since 30 June 2025.
Where the money is
Technology71.7%
Retail & consumer14.2%
Financial services2.2%
Other11.8%
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.