1y return+65.8%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $238 against $157 in the S&P 500.2
AI-Squared Management LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| PDDPdd Holdings Inc | $25.0M | 13.3% | New |
| BIDUBaidu Inc | $17.9M | 9.5% | +142.1% |
| SNDKSandisk Corp | $16.8M | 9.0% | −65.0% |
| STAAStaar Surgical Co | $15.6M | 8.3% | +102.3% |
| JDJd.com Inc | $13.0M | 6.9% | New |
| BABAAlibaba Group Hldg Ltd | $12.7M | 6.8% | +2219.9% |
| QCOMQualcomm Inc | $10.7M | 5.7% | New |
| ATATAtour Lifestyle Hldgs Ltd | $9.6M | 5.1% | +2.1% |
| Nebius Group N.v.CUSIP N97284108 | $9.2M | 4.9% | New |
| TSMTaiwan Semiconductor Manufac | $8.5M | 4.5% | +32.8% |
| VNETVnet Group Inc | $8.3M | 4.4% | +67.1% |
| CRWVCoreweave Inc | $6.9M | 3.7% | New |
| NVDANvidia Corporation | $6.8M | 3.6% | −13.9% |
| MUMicron Technology Inc | $6.1M | 3.3% | −85.8% |
| CBRSCerebras Systems Inc | $5.9M | 3.2% | New |
| NOKNokia Corp | $5.5M | 2.9% | New |
| AMDAdvanced Micro Devices Inc | $4.4M | 2.4% | −86.4% |
| TCOMTrip Com Group Ltd | $4.1M | 2.2% | +7.4% |
| CRCLCircle Internet Group Inc | $463K | 0.2% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | September 30, 2025 | +259.1% | $4.4M |
| ATATAtour Lifestyle Hldgs Ltd | December 31, 2023 | +83.2% | $9.6M |
| TSMTaiwan Semiconductor Manufac | December 31, 2025 | +57.2% | $8.5M |
| STAAStaar Surgical Co | March 31, 2026 | +53.4% | $15.6M |
| NVDANvidia Corporation | December 31, 2025 | +7.3% | $6.8M |
| BIDUBaidu Inc | September 30, 2025 | −13.3% | $17.9M |
| TCOMTrip Com Group Ltd | March 31, 2026 | −20.0% | $4.1M |
| VNETVnet Group Inc | September 30, 2025 | −22.2% | $8.3M |
| BABAAlibaba Group Hldg Ltd | March 31, 2026 | −23.5% | $12.7M |
Sold off last quarter
- LITELumentum Hldgs Inc was $25.5M
- DOCNDigitalocean Hldgs Inc was $7.0M
- FUTUFutu Hldgs Ltd was $4.6M
- TERTeradyne Inc was $4.6M
- GDSGds Hldgs Ltd was $4.3M
- RMBSRambus Inc Del was $4.3M
- METAMeta Platforms Inc was $2.3M
- SNPSSynopsys Inc was $2.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +34.5% | +14.8% |
| March 31, 2026 | −5.1% | −4.6% |
| December 31, 2025 | +0.1% | +2.4% |
| September 30, 2025 | +29.8% | +7.8% |
| June 30, 2025 | +22.6% | +10.5% |
| March 31, 2025 | +10.6% | −4.6% |
| December 31, 2024 | −7.1% | +2.1% |
| September 30, 2024 | +3.2% | +5.4% |
| June 30, 2024 | +10.1% | +4.0% |
| March 31, 2024 | +0.4% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: AI-Squared Management Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1933952&type=13F-HR&dateb=&owner=include&count=40CIK 1933952
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1933952/000193395226000004/Filed August 12, 2026 · accession 0001933952-26-000004