CloudAlpha Capital Management Limited/Hong Kong
CloudAlpha Capital Management Limited/Hong Kong, managed by Nancy Yang, reported 24 positions worth $1.01B in its 2026 Q2 13F filing: 17 new and 30 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +241.2% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +48.4% | +11.4% |
| 2025 Q3 | +29.9% | +7.6% |
| 2025 Q4 | +6.0% | +3.1% |
| 2026 Q1 | +24.3% | -5.8% |
| 2026 Q2 | +34.4% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| AMD | ADVANCED MICRO DEVICES INC | $131.08M | 12.90% | NEW |
| LRCX | LAM RESEARCH CORP | $117.48M | 11.60% | NEW |
| TSLA | TESLA INC | $102.33M | 10.10% | +200% |
| MRVL | MARVELL TECHNOLOGY INC | $93.89M | 9.30% | +126.3% |
| VSH | VISHAY INTERTECHNOLOGY INC | $83.07M | 8.20% | NEW |
| AMAT | APPLIED MATLS INC | $66.77M | 6.60% | NEW |
| SNDK | SANDISK CORP | $60.94M | 6.00% | -62% |
| QCOM | QUALCOMM INC | $51.96M | 5.10% | NEW |
| FPS | FORGENT POWER SOLUTIONS INC COM SHS | $39.73M | 3.90% | NEW |
| POET | POET TECHNOLOGIES INC | $39.68M | 3.90% | NEW |
| WOLF | WOLFSPEED INC | $34.70M | 3.40% | NEW |
| BE | BLOOM ENERGY CORP | $33.06M | 3.30% | NEW |
| INTC | INTEL CORP | $32.79M | 3.20% | NEW |
| HOOD | ROBINHOOD MKTS INC | $23.49M | 2.30% | NEW |
| MKSI | MKS INC. | $18.50M | 1.80% | NEW |
| VCX | FUNDRISE INNOVATION FD LLC | $14.90M | 1.50% | -15.1% |
| SNOW | SNOWFLAKE INC | $14.47M | 1.40% | NEW |
| UCTT | ULTRA CLEAN HLDGS INC | $13.11M | 1.30% | NEW |
| ENTG | ENTEGRIS INC | $13.08M | 1.30% | NEW |
| ICHR | ICHOR HOLDINGS | $12.98M | 1.30% | NEW |
| ALAB | ASTERA LABS INC | $9.76M | 0.96% | +201900% |
| GOOGL | ALPHABET INC CAP STK | $2.77M | 0.27% | -95.6% |
| PONY | PONY AI INC | $2.32M | 0.23% | NEW |
| MU | MICRON TECHNOLOGY INC | $11.54K | 0.00% | NO CHANGE |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.