Gaoyi Asset Increases Holdings in Micron and SanDisk in Q2, Reduces Positions in Nvidia and Other Tech Stocks

At the end of the second quarter, Gaoyi Asset held 19 U.S. stocks with a total market value of approximately $979 million, significantly increasing its investments in the semiconductor and storage industry. The top five holdings are TSMC, Huazhu Group, Pinduoduo, BOSS Zhipin, and Trip.com, with respective holding percentages of 24.32%, 17.20%, 16.86%, 15.51%, and 4.21%, totaling about 78.1%.

Specifically, in Q2, Gaoyi significantly increased its holdings in Micron Technology and SanDisk, with Micron shares increasing by 283.48% quarter-over-quarter, and a market value of approximately $39.73 million; SanDisk shares increased by about 192%, with a market value of approximately $36.38 million, ranking as the sixth and seventh largest holdings, respectively. Additionally, Gaoyi increased its positions in BOSS Zhipin, Trip.com, Beike, Huazhu Group, Yum China, and Pinduoduo, and initiated new positions in Veea Technologies, WeRide, Visa, and Alibaba.

On the reduction side, Gaoyi decreased its positions in Nvidia, NetEase, iQIYI, and FogCore Technology, with Nvidia and NetEase share quantities decreasing by 72.41% and 76.47%, respectively, and completely liquidated positions in Futu, Lumentum, Xpeng Motors, NIO, and other stocks.

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