Value Star Asset Management (Hong Kong)
HONG KONG, K3files as Value Star Asset Management (Hong Kong) Ltd
$49m in 10 US stocks at the end of 30 September 2025. The top 10 are 100.0% of the money. It changed about 33.0% of the portfolio this quarter.
Value
$49m
Stocks
10
Top 10 share
100.0%
Turnover
33.0%
What changed this quarter
New
Bought for the first time this quarter.
- Global X FDSSHLD7.1% of the fund
- Robinhood MarketsHOOD4.4% of the fund
Added
Bought more of a stock they already held.
- AlphabetGOOGL19.8% of the fund+167%
- Taiwan Semiconductor ManufacturingTSM17.0% of the fund+100%
- Amazon.comAMZN15.6% of the fund+40%
- Meta PlatformsMETA13.4% of the fund+13%
- Constellation EnergyCEG6.4% of the fund+233%
Cut
Sold some of their stake.
- HCA HealthcareHCA8.7% of the fund-17%
- ZscalerZS3.0% of the fund-50%
Sold out
Sold their entire stake.
- VistraVST-100%
- TJX CompaniesTJX-100%
Holdings
- Global X FDSSHLD
- Share
- 7.1%
- Value
- $4m
- Shares
- 50,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOGL | 19.8% | $10m | 40,000 | +167% |
| Taiwan Semiconductor ManufacturingTSM | 17.0% | $8m | 30,000 | +100% |
| Amazon.comAMZN | 15.6% | $8m | 35,000 | +40% |
| Meta PlatformsMETA | 13.4% | $7m | 9,000 | +13% |
| HCA HealthcareHCA | 8.7% | $4m | 10,000 | -17% |
| Global X FDSSHLD | 7.1% | $4m | 50,000 | New |
| Constellation EnergyCEG | 6.4% | $3m | 10,000 | +233% |
| SnowflakeSNOW | 4.6% | $2m | 10,000 | Held |
| Robinhood MarketsHOOD | 4.4% | $2m | 15,000 | New |
| ZscalerZS | 3.0% | $1m | 5,000 | -50% |
Over time and by industry
Value over time
Sep '25
Value is up 51.7% since 30 June 2025.
Where the money is
Media & telecom33.2%
Technology24.6%
Retail & consumer15.6%
Health care8.7%
Utilities6.4%
Financial services4.4%
Other7.1%
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.