Q2 2026 13F · SEC CIK 1965546
BRIGHT VALLEY CAPITAL Ltd
Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $348.7M
- Reported positions
- 11
- Top holdings a year, 3 yrs
- -19.5%
- Average holding period
- 1.1 yrs
BRIGHT VALLEY CAPITAL Ltd is a hedge fund that reported 11 positions worth $348.7M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Intel Corp (INTC, 62.8%), Atour Lifestyle Hldgs Ltd (ATAT, 9.3%), Sandisk Corp (SNDK, 8.0%). A portfolio copying its top holdings returned -19.5% a year over the last 3 years, against 16.4% for the S&P 500.
BRIGHT VALLEY CAPITAL Ltd holdings all 11 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| INTCIntel Corp | 62.8% | +263.7% | $218.9M |
| ATATAtour Lifestyle Hldgs Ltd | 9.3% | — | $32.4M |
| SNDKSandisk Corp | 8.0% | — | $27.7M |
| DRAMRoundhill ETF Trust | 5.3% | — | $18.5M |
| ACMRACM Research, Inc. | 4.3% | — | $15.0M |
| YYJOYY Inc | 3.7% | -36.1% | $13.1M |
| FUTUFutu Holdings Ltd | 2.2% | — | $7.6M |
| VIPSVipshop Holdings Ltd | 1.8% | -72.9% | $6.4M |
| DOYUDouyu Intl Hldgs Ltd | 1.8% | +0.0% | $6.2M |
| NOKNokia Corp | 0.9% | — | $3.0M |
| FINVFinVolution Group | 0.0% | — | $15K |
What BRIGHT VALLEY CAPITAL Ltd bought and sold in Q2 2026, against Q1 2026.
New positions
- ATAT Atour Lifestyle Hldgs Ltd9.3% of 13F
- SNDK Sandisk Corp8.0% of 13F
- DRAM Roundhill ETF Trust5.3% of 13F
- ACMR ACM Research, Inc.4.3% of 13F
- FUTU Futu Holdings Ltd2.2% of 13F
- NOK Nokia Corp0.9% of 13F
- FINV FinVolution Group0.0% of 13F
Added to
- INTC Intel Corp+263.7% shares
Reduced
- VIPS Vipshop Holdings Ltd-72.9% shares
- YY JOYY Inc-36.1% shares
Sold out
- EDU New Oriental Education & Technology Grouwas 10.3%
- GLD Spdr Gold Trwas 7.1%
- STAA Staar Surgical Cowas 5.3%
- LITE Lumentum Hldgs Incwas 1.7%
- DDL Dingdong Cayman Ltdwas 0.7%
- YMM Full Truck ADRwas 0.4%
- LX Lexinfintech Hldgs Ltdwas 0.4%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -36.5% /yr
- S&P 500 +13.6%
- 3 years
- -19.5% /yr
- S&P 500 +16.4%
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $348.7M | 11 |
| Q1 2026 | $96.7M | 11 |
| Q4 2025 | $147.5M | 13 |
| Q3 2025 | $126.5M | 11 |
| Q2 2025 | $112.0M | 9 |
| Q1 2025 | $297.3M | 16 |
| Q4 2024 | $150.2M | 8 |
| Q3 2024 | $127.8M | 8 |
| Q2 2024 | $88.7M | 11 |
| Q1 2024 | $67.5M | 10 |
| Q4 2023 | $125.8M | 9 |
Questions about BRIGHT VALLEY CAPITAL Ltd's portfolio
What stocks does BRIGHT VALLEY CAPITAL Ltd own?
BRIGHT VALLEY CAPITAL Ltd's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 11 positions worth $348.7M. The largest are Intel Corp (INTC) at 62.8%, Atour Lifestyle Hldgs Ltd (ATAT) at 9.3%, Sandisk Corp (SNDK) at 8.0%, Roundhill ETF Trust (DRAM) at 5.3% and ACM Research, Inc. (ACMR) at 4.3%.
What did BRIGHT VALLEY CAPITAL Ltd buy last quarter?
In Q2 2026, BRIGHT VALLEY CAPITAL Ltd added a new position in Atour Lifestyle Hldgs Ltd (ATAT), a new position in Sandisk Corp (SNDK), a new position in Roundhill ETF Trust (DRAM), a new position in ACM Research, Inc. (ACMR), a new position in Futu Holdings Ltd (FUTU) and Intel Corp (INTC) (+263.7% shares), compared with its Q1 2026 filing.
What did BRIGHT VALLEY CAPITAL Ltd sell last quarter?
In Q2 2026, BRIGHT VALLEY CAPITAL Ltd sold all of New Oriental Education & Technology Grou (EDU), sold all of Spdr Gold Tr (GLD), sold all of Staar Surgical Co (STAA), sold all of Lumentum Hldgs Inc (LITE), sold all of Dingdong Cayman Ltd (DDL), Vipshop Holdings Ltd (VIPS) (-72.9% shares) and JOYY Inc (YY) (-36.1% shares), compared with its Q1 2026 filing.
How has BRIGHT VALLEY CAPITAL Ltd's portfolio performed?
A portfolio copying BRIGHT VALLEY CAPITAL Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned -19.5% a year over the last 3 years, against +16.4% for the S&P 500. Over 1 year: -36.5% against +13.6%.
When is BRIGHT VALLEY CAPITAL Ltd's next 13F filing due?
13F filings are due 45 days after each quarter ends. BRIGHT VALLEY CAPITAL Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.