# TB Alternative Assets Ltd.: Form 13F holdings

An institutional investment manager in HONG KONG. SEC CIK 1483503.

- Quarter ended: 2026-06-30
- Filed: 2026-07-17
- Reported value: $623.1m
- Positions: 34 (34 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1483503/000119312526306709/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [INTEL CORP (INTC)](/companies/intc.md) | COM | $82.0m | 13.2% | 586,946 |  | Added +302,675 |
| [MARVELL TECHNOLOGY INC (MRVL)](/companies/mrvl.md) | COM | $76.9m | 12.3% | 258,070 |  | New +258,070 |
| [TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS (TSM)](/companies/tsm.md) | SPONSORED ADS | $75.6m | 12.1% | 158,390 |  | Added +131,390 |
| [SANDISK CORP (SNDK)](/companies/sndk.md) | COM | $64.8m | 10.4% | 28,484 |  | New +28,484 |
| [META PLATFORMS INC CL A (META)](/companies/meta.md) | CL A | $57.5m | 9.2% | 102,040 |  | Reduced −32,960 |
| [ALPHABET INC CAP STK CL C (GOOGL)](/companies/googl.md) | CAP STK CL C | $56.3m | 9.0% | 159,334 |  | Added +75,634 |
| [WESTERN DIGITAL CORP (WDC)](/companies/wdc.md) | COM | $40.9m | 6.6% | 64,052 |  | New +64,052 |
| [PDD HOLDINGS INC SPONSORED ADS (PDD)](/companies/pdd.md) | SPONSORED ADS | $17.6m | 2.8% | 230,128 |  | Reduced −110,100 |
| SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS | ORD SHS | $14.1m | 2.3% | 14,652 |  | New +14,652 |
| [CENTRUS ENERGY CORP CL A (LEU)](/companies/leu.md) | CL A | $12.9m | 2.1% | 76,946 |  | Reduced −32,914 |
| [PROSHARES TR II ULTRA GOLD (AGQ)](/companies/agq.md) | ULTRA GOLD | $12.5m | 2.0% | 284,736 |  | Reduced −413,003 |
| [CORNING INC (GLW)](/companies/glw.md) | COM | $12.0m | 1.9% | 46,800 |  | New +46,800 |
| NU HLDGS LTD ORD SHS CL A | ORD SHS CL A | $11.9m | 1.9% | 889,639 |  | New +889,639 |
| [TRIP COM GROUP LTD ADS (TCOM)](/companies/tcom.md) | ADS | $11.4m | 1.8% | 287,220 |  | Reduced −38,700 |
| [COHERENT CORP (COHR)](/companies/cohr.md) | COM | $11.4m | 1.8% | 28,939 |  | New +28,939 |
| [ZOOM COMMUNICATIONS INC CL A (ZM)](/companies/zm.md) | CL A | $10.4m | 1.7% | 120,224 |  | New +120,224 |
| [PARAMOUNT SKYDANCE CORP COM CL B (SKYD)](/companies/skyd.md) | COM CL B | $9.3m | 1.5% | 939,682 |  | Added +181,491 |
| [UNITEDHEALTH GROUP INC (UNH)](/companies/unh.md) | COM | $6.5m | 1.0% | 15,675 |  | Reduced −31,509 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $6.1m | 1.0% | 5,280 |  | New +5,280 |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $6.0m | 1.0% | 5,085 |  | New +5,085 |
| [ROCKET LAB CORP (RKLB)](/companies/rklb.md) | COM | $5.4m | 0.9% | 52,703 |  | Reduced −306,500 |
| [SO-YOUNG INTERNATIONAL-ADR (SY)](/companies/sy.md) | SPONSORED ADS | $4.5m | 0.7% | 3,067,873 |  | Unchanged |
| [PROSHARES TR II ULTRA SILVER NEW (AGQ)](/companies/agq.md) | ULTRA SILVER NEW | $4.0m | 0.6% | 58,920 |  | Added +31,155 |
| [FULL TRUCK ALLIANCE CO LTD SPONSORED ADS (YMM)](/companies/ymm.md) | SPONSORED ADS | $3.4m | 0.5% | 412,834 |  | Reduced −55,600 |
| [NOKIA CORP SPONSORED ADR (NOK)](/companies/nok.md) | SPONSORED ADR | $3.2m | 0.5% | 242,550 |  | Reduced −1,194,419 |
| [OKLO INC COM CL A (OKLO)](/companies/oklo.md) | COM CL A | $2.0m | 0.3% | 38,021 |  | New +38,021 |
| [MOGU INC-ADR (MOGU)](/companies/mogu.md) | SPON ADS | $1.1m | 0.2% | 684,136 |  | Reduced −4,964 |
| [TENCENT MUSIC ENTMT GROUP SPON ADS (TME)](/companies/tme.md) | SPON ADS | $696.0k | 0.1% | 83,350 |  | Reduced −11,300 |
| [MODERNA INC (MRNA)](/companies/mrna.md) | COM | $609.3k | <0.1% | 8,700 |  | New +8,700 |
| [ASTERA LABS INC (ALAB)](/companies/alab.md) | COM | $586.9k | <0.1% | 1,215 |  | New +1,215 |
| [YOULIFE GROUP INC -ADR (YOUL)](/companies/youl.md) | SPONSORED ADS | $562.0k | <0.1% | 1,000,000 |  | Unchanged |
| [ROBLOX CORP CL A (RBLX)](/companies/rblx.md) | CL A | $555.3k | <0.1% | 10,211 |  | New +10,211 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $435.2k | <0.1% | 1,152 |  | New +1,152 |
| [YUNJI INC-ADR (YJ)](/companies/yj.md) | SPONSORED ADS A | $45.6k | <0.1% | 32,138 |  | Reduced −112 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AGNICO EAGLE MINES LTD (AEM)](/companies/aem.md) | COM | $0 | 0.0% | 0 |  | Sold out −100,073 |
| [AXT INC (AXTI)](/companies/axti.md) | COM | $0 | 0.0% | 0 |  | Sold out −9,760 |
| [CF INDUSTRIES HOLD (CF)](/companies/cf.md) | COM | $0 | 0.0% | 0 |  | Sold out −10,590 |
| [CHENIERE ENERGY INC COM NEW (LNG)](/companies/lng.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −31,966 |
| [CHEWY INC CL A (CHWY)](/companies/chwy.md) | CL A | $0 | 0.0% | 0 |  | Sold out −51,372 |
| [CONSTELLATION ENERGY CORP (CEG)](/companies/ceg.md) | COM | $0 | 0.0% | 0 |  | Sold out −12,508 |
| DIREXION SHARES ETF TRUST DAILY MSCI SOUTH | DAILY MSCI SOUTH | $0 | 0.0% | 0 |  | Sold out −8,283 |
| [ENERGY TRANSFER L P COM UT LTD PTN (ET)](/companies/et.md) | COM UT LTD PTN | $0 | 0.0% | 0 |  | Sold out −251,006 |
| [ENTERPRISE PRODS PARTNERS L P (EPD)](/companies/epd.md) | COM | $0 | 0.0% | 0 |  | Sold out −64,451 |
| [EQT CORP (EQT)](/companies/eqt.md) | COM | $0 | 0.0% | 0 |  | Sold out −77,095 |
| EXXON MOBIL CORP | COM | $0 | 0.0% | 0 |  | Sold out −79,653 |
| [FIGURE TECHNOLOGY SOLUTIO COM CL A (FIGR)](/companies/figr.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −997,433 |
| [LEMONADE INC (LMND)](/companies/lmnd.md) | COM | $0 | 0.0% | 0 |  | Sold out −235,818 |
| [LUMENTUM HLDGS INC (LITE)](/companies/lite.md) | COM | $0 | 0.0% | 0 |  | Sold out −2,266 |
| [MP MATERIALS CORP COM CL A (MP)](/companies/mp.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −129,376 |
| [OCCIDENTAL PETE CORP (OXY)](/companies/oxy.md) | COM | $0 | 0.0% | 0 |  | Sold out −514,702 |
| PROSHARES TR ULTRAPRO SHORT | ULTRAPRO SHORT | $0 | 0.0% | 0 |  | Sold out −220,987 |

Source: SEC EDGAR, Form 13F-HR, accession 0001193125-26-306709. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.