VS
Value Star Asset Management (Hong Kong) Ltd Institutional Portfolio (13F)
Value Star Asset Management (Hong Kong) LtdCIK: 0001842246
High-turnover traderQuality / disciplined sizingSector-focused
Total reported value
$49.2M
Reporting period: 2025-09-30 · Number of holdings: 11
Value Star Asset Management (Hong Kong) Ltd disclosed 11 holdings in its latest 13F filing for the period ending 2025-09-30, with total reported value of $49.2M and a quarterly turnover rate of 96.2%.
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Personality snowflake
- Concentration
- 52.83
- Portfolio Stability
- 96.19
- Momentum/Contrarian
- 21.01
- Sector conviction
- 85.27
- Diversification
- 20
- Sizing Uniformity
- 94.03
Value Star Asset Management (Hong Kong) Ltd's disclosed holdings carry a Herfindahl concentration index of 0.132 — mathematically equivalent to about 8 equally-sized positions, close to its 11 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.60), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Recent moves
Trim HCA
-16.7% $806.5K
Add TSM
+100.0% $6.7M
Trim ZS
-50.0% $307.8K
Trim AMZN
+40.0% $4.8M
Add CEG
+233.3% $2.3M
Trim SNOW
0.0% $1.4M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 10 holdings (of 11 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 19.78% | +19.78% | NEW | |
| 2 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 17.02% | +6.87% | +100.00% | |
| 3 | AMZN | Amazon.com INC | Stock-Consumer Disc | 15.61% | -1.84% | +40.00% | |
| 4 | META | Meta Platforms Inc-class A | Stock-Comm Services | 13.42% | -0.68% | +12.50% | |
| 5 | HCA | Hca Healthcare INC | Stock-Healthcare | 8.66% | -12.47% | -16.67% | |
| 6 | SHLD | Global X Defense Tech ETF | ETF-Tech | 7.13% | +7.13% | NEW | |
| 7 | CEG | Constellation Energy | Stock-Utilities | 6.40% | +1.47% | +233.33% | |
| 8 | SNOW | Snowflake INC | Stock-Tech | 4.58% | -0.78% | — | |
| 9 | HOOD | Robinhood Markets INC - A | Stock-Financials | 4.36% | +4.36% | NEW | |
| 10 | ZS | Zscaler INC | Stock-Tech | 3.04% | -4.24% | -50.00% |
Portfolio Performance
Performance for Q3 2026
-4.7%
Performance Last 4 Quarters
+4.7%
Based on 79% of reported portfolio value with available pricing
- Stdev
- +26.8%
- Beta
- +1.55
- Alpha
- -8.1%
- Max Drawdown
- -20.2%
- Annualized Perf
- +18.8%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +1.73
- Stutzer
- +0.24
- Treynor
- +0.13
- Sterling
- +0.77
- Calmar
- +0.93
- Information Ratio
- +0.11
- Tracking Error
- +18.9%
- Stdev Down
- +11.9%
- Winning Months %
- +50%
- Losing Months %
- +50%
- Best 12 Months
- +46.6%
- Worst 12 Months
- +1.6%
- Efficiency Ratio
- +0.32
- Sharpe
- +0.77
- Stdev Sectors
- +13%
- Skewness
- +1.11
- Kurtosis
- +1.38
- Upside Potential
- +3.81
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2025-09-30 | 11 | $49.2M | 96 | |
| 2025-06-30 | 10 | $32.5M | 0 | |
| 2025-03-31 | 10 | $16.4M | 100 | |
| 2024-12-31 | 13 | $31.7M | 0 | |
| 2024-09-30 | 9 | $26.7M | 0 | |
| 2024-06-30 | 18 | $269.8M | 0 | |
| 2024-03-31 | 22 | $289.9M | 0 | |
| 2023-12-31 | 21 | $292.3M | 0 | |
| 2023-09-30 | 23 | $283.5M | 0 | |
| 2023-06-30 | 29 | $338.4M | 0 | |
| 2023-03-31 | 24 | $255.7M | 0 | |
| 2022-12-31 | 28 | $127.9M | 0 | |
| 2022-09-30 | 32 | $171.7M | 0 | |
| 2022-06-30 | 29 | $136.8M | 0 | |
| 2022-03-31 | 27 | $176.3M | 0 | |
| 2021-12-31 | 30 | $199.1M | 0 | |
| 2021-09-30 | 21 | $152.8M | 0 | |
| 2021-06-30 | 25 | $149.6M | 96 | |
| 2021-03-31 | 19 | $137.3M | 56 | |
| 2020-12-31 | 19 | $109.5M | 0 |
Holding changes this quarter
Value Star Asset Management (Hong Kong) Ltd's most significant position changes for 2025-09-30: New buy: Alphabet Inc-cl A (GOOGL); New buy: Global X Defense Tech ETF (SHLD); New buy: Robinhood Markets INC - A (HOOD); Sold out: Vistra CORP (VST); Sold out: Tjx Companies INC (TJX).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor-sp Adr | +6.9% | +100.00% | Add |
| 2 | CEG | Constellation Energy | +1.5% | +233.33% | Add |
| 3 | META | Meta Platforms Inc-class A | -0.7% | +12.50% | Add |
| 4 | SNOW | Snowflake INC | -0.8% | — | Add |
| 5 | AMZN | Amazon.com INC | -1.8% | +40.00% | Add |
| 6 | ZS | Zscaler INC | -4.2% | -50.00% | Trim |
| 7 | HCA | Hca Healthcare INC | -12.5% | -16.67% | Unchanged |
| 8 | GOOGL | Alphabet Inc-cl A | — | NEW | New buy |
| 9 | SHLD | Global X Defense Tech ETF | — | NEW | New buy |
| 10 | HOOD | Robinhood Markets INC - A | — | NEW | New buy |
| 11 | VST | Vistra CORP | — | EXIT | Sold out |
| 12 | TJX | Tjx Companies INC | — | EXIT | Sold out |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2025-09-30 | 2025-10-31 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-07-31 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-04-23 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-07 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-10-17 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-07-25 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-08 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-06 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-08 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-02 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-09 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-10 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-09 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-09 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-04-28 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-09 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-09 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-03 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-04-09 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-01-27 | 13F-HR | View on EDGAR |
FAQ
What is Value Star Asset Management (Hong Kong) Ltd and what type of investor is it?
Value Star Asset Management (Hong Kong) Ltd is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2025-09-30), the firm manages a tracked equity portfolio valued at approximately $49.2M, spread across 11 disclosed positions.
What are Value Star Asset Management (Hong Kong) Ltd's largest equity positions?
Based on the latest 13F filing, Value Star Asset Management (Hong Kong) Ltd's top holdings by market value are:
1. Alphabet Inc-cl A (GOOGL) — $9.7M (19.8%)
2. Taiwan Semiconductor-sp Adr (TSM) — $8.4M (17.0%)
3. Amazon.com INC (AMZN) — $7.7M (15.6%)
4. Meta Platforms Inc-class A (META) — $6.6M (13.4%)
5. Hca Healthcare INC (HCA) — $4.3M (8.7%)
What changes did Value Star Asset Management (Hong Kong) Ltd make in its most recent portfolio filing?
In the latest reported quarter, Value Star Asset Management (Hong Kong) Ltd made 11 notable position adjustments: 3 new positions were initiated, 5 existing holdings were added to, 1 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Alphabet Inc-cl A (GOOGL); New buy: Global X Defense Tech ETF (SHLD); New buy: Robinhood Markets INC - A (HOOD); Sold out: Vistra CORP (VST); Sold out: Tjx Companies INC (TJX)
What sectors does Value Star Asset Management (Hong Kong) Ltd focus on?
Value Star Asset Management (Hong Kong) Ltd is concentrated in the following sectors based on its current disclosed equity portfolio:
• Communication Services: 40.9%
• Information Technology: 26.6%
• Consumer Discretionary: 19.2%
• Utilities: 7.9%
• Financials: 5.4%
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