# BRIGHT VALLEY CAPITAL Ltd: Form 13F holdings

An institutional investment manager in HONG KONG. SEC CIK 1965546.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $626.0m
- Positions: 21 (21 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/1965546/000196554626000005/

## 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 | $218.9m | 35.0% | 1,567,500 |  | Added +1,136,500 |
| ISHARES TR | ISHARES SEMICDTR | $60.2m | 9.6% | 94,000 | Put | New +94,000 |
| INVESCO QQQ TR | UNIT SER 1 | $51.5m | 8.2% | 70,000 | Put | New +70,000 |
| [INTEL CORP (INTC)](/companies/intc.md) | COM | $48.9m | 7.8% | 350,000 | Call | Reduced −680,000 |
| [NVIDIA CORP (NVDA)](/companies/nvda.md) | COM | $40.0m | 6.4% | 200,000 | Put | New +200,000 |
| [ATOUR LIFESTYLE HOLDINGS LTD (ATAT)](/companies/atat.md) | SPONSORED ADS | $32.4m | 5.2% | 1,017,508 |  | New +1,017,508 |
| [NETFLIX INC (NFLX)](/companies/nflx.md) | COM | $32.1m | 5.1% | 450,000 | Put | New +450,000 |
| [SANDISK CORP (SNDK)](/companies/sndk.md) | COM | $27.7m | 4.4% | 12,200 |  | New +12,200 |
| [PDD HOLDINGS INC (PDD)](/companies/pdd.md) | SPONSORED ADS | $22.5m | 3.6% | 295,000 | Call | Added +185,000 |
| ROUNDHILL ETF TRUST | MEMORY ETF | $18.5m | 2.9% | 250,000 |  | New +250,000 |
| [ACM RESEARCH INC (ACMR)](/companies/acmr.md) | COM CL A | $15.0m | 2.4% | 118,000 |  | New +118,000 |
| [JOYY INC (JOYY)](/companies/joyy.md) | ADS REPSTG COM A | $13.1m | 2.1% | 198,000 |  | Reduced −111,800 |
| [APPLIED MATERIALS INC (AMAT)](/companies/amat.md) | COM | $13.0m | 2.1% | 18,000 | Call | New +18,000 |
| [FUTU HOLDINGS LTD (FUTU)](/companies/futu.md) | SPON ADS CL A | $7.6m | 1.2% | 81,500 |  | New +81,500 |
| [NETEASE INC (NTES)](/companies/ntes.md) | SPONSORED ADS | $6.4m | 1.0% | 50,000 | Call | New +50,000 |
| [VIPSHOP HOLDINGS LTD (VIPS)](/companies/vips.md) | SPONSORED ADS A | $6.4m | 1.0% | 480,000 |  | Reduced −1,294,290 |
| [DOUYU INTERNATIONAL HOLDINGS LTD (DOYU)](/companies/doyu.md) | SPONSORED ADS | $6.2m | 1.0% | 1,334,229 |  | Unchanged |
| [NOKIA OYJ (NOK)](/companies/nok.md) | SPONSORED ADR | $3.0m | 0.5% | 223,500 |  | New +223,500 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $1.9m | 0.3% | 5,000 | Put | New +5,000 |
| [FUTU HOLDINGS LTD (FUTU)](/companies/futu.md) | SPON ADS CL A | $749.9k | 0.1% | 8,000 | Call | New +8,000 |
| [FINVOLUTION GROUP (FINV)](/companies/finv.md) | SPONSORED ADS | $15.2k | <0.1% | 3,169 |  | New +3,169 |

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [DINGDONG (CAYMAN) LTD (DDL)](/companies/ddl.md) | ADS | $0 | 0.0% | 0 |  | Sold out −266,760 |
| [FULL TRUCK ALLIANCE CO LTD (YMM)](/companies/ymm.md) | SPONSORED ADS | $0 | 0.0% | 0 |  | Sold out −51,100 |
| [LEXINFINTECH HOLDINGS LTD (LX)](/companies/lx.md) | ADR | $0 | 0.0% | 0 |  | Sold out −181,697 |
| [LUMENTUM HOLDINGS INC (LITE)](/companies/lite.md) | COM | $0 | 0.0% | 0 |  | Sold out −2,300 |
| [NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC (EDU)](/companies/edu.md) | SPON ADR | $0 | 0.0% | 0 |  | Sold out −175,750 |
| [SPDR GOLD SHARES (GLD)](/companies/gld.md) | GOLD SHS | $0 | 0.0% | 0 |  | Sold out −16,000 |
| [STAAR SURGICAL CO (STAA)](/companies/staa.md) | COM PAR $0.01 | $0 | 0.0% | 0 |  | Sold out −271,965 |

Source: SEC EDGAR, Form 13F-HR, accession 0001965546-26-000005. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.