UG Investment Advisers Ltd. Diversified Active

CIK: 0001697814 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 28, 2026

Total Value ($000): $433,984 (88.7% shares, 11.3% debt)

Holdings (11)

New Positions (1)

VIXY PROSHARES TR II 0.6%

Value ($000) $2,641 Shares 103,016 Est. Cost $25.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VIXY	PROSHARES TR II	103,016	$2,641	0.6%	$25.64	—	VIX SHT TERM FUT	74347Y730

Increased Positions (2)

AVGO BROADCOM INC 1.1%

Value ($000) $4,937 (+77.0%) Shares 14,265 (+68.8%) Est. Cost $269.79 Unrealized +32.3%

NVDA NVIDIA CORPORATION 2.3%

Value ($000) $10,161 (+17.1%) Shares 54,483 (+17.1%) Est. Cost $121.70 Unrealized +52.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	14,265 (+68.8%)	$4,937 (+77.0%)	1.1%	$269.79	+32.3%	COM	11135F101
NVDA	NVIDIA CORPORATION	54,483 (+17.1%)	$10,161 (+17.1%)	2.3%	$121.70	+52.9%	COM	67066G104

Exited Positions (3)

VCSH VANGUARD SCOTTSDALE FDS 3.2%

Value ($000) $13,720 Shares 171,647 Est. Cost $76.75 Unrealized —

AAPL APPLE INC 1.0%

Value ($000) $4,449 Shares 17,474 Est. Cost $225.58 Unrealized +19.0%

HPE HEWLETT PACKARD ENTERPRISE C 0.9%

Value ($000) $4,032 Shares 164,163 Est. Cost $15.41 Unrealized +52.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VCSH	VANGUARD SCOTTSDALE FDS	171,647	$13,720	3.2%	$76.75	—	—	92206C409
AAPL	APPLE INC	17,474	$4,449	1.0%	$225.58	+19.0%	—	037833100
HPE	HEWLETT PACKARD ENTERPRISE C	164,163	$4,032	0.9%	$15.41	+52.1%	—	42824C109

Decreased Positions (5)

BABA ALIBABA GROUP HLDG LTD 45.9%

Value ($000) $199,255 (-28.4%) Shares 1,359,363 (-12.7%) Est. Cost $97.74 Unrealized —

QCOM QUALCOMM INC 17.3%

Value ($000) $75,088 (-49.2%) Shares 438,981 (-50.6%) Est. Cost $144.95 Unrealized +17.8%

BEKE KE HLDGS INC 0.0%

Value ($000) $1 (-100.0%) Shares 54 (-100.0%) Est. Cost $19.46 Unrealized —

MU MICRON TECHNOLOGY INC 20.7%

Value ($000) $89,911 (-3.9%) Shares 315,023 (-43.7%) Est. Cost $80.15 Unrealized +186.2%

AMKR AMKOR TECHNOLOGY INC 0.6%

Value ($000) $2,803 (-44.3%) Shares 70,989 (-60.0%) Est. Cost $22.28 Unrealized +59.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	1,359,363 (-12.7%)	$199,255 (-28.4%)	45.9%	$97.74	—	SPONSORED ADS	01609W102
QCOM	QUALCOMM INC	438,981 (-50.6%)	$75,088 (-49.2%)	17.3%	$144.95	+17.8%	COM	747525103
BEKE	KE HLDGS INC	54 (-100.0%)	$1 (-100.0%)	0.0%	$19.46	—	SPONSORED ADS	482497104
MU	MICRON TECHNOLOGY INC	315,023 (-43.7%)	$89,911 (-3.9%)	20.7%	$80.15	+186.2%	COM	595112103
AMKR	AMKOR TECHNOLOGY INC	70,989 (-60.0%)	$2,803 (-44.3%)	0.6%	$22.28	+59.5%	COM	031652100

Unchanged Positions (3)

— ALIBABA GROUP HLDG LTD 6.3%

Value ($000) $27,229 Shares 17,440,000 Est. Cost $1.28 Unrealized —

— JD.COM INC 4.9%

Value ($000) $21,058 Shares 21,000,000 Est. Cost $1.05 Unrealized —

— SUPER MICRO COMPUTER INC 0.2%

Value ($000) $900 Shares 1,000,000 Est. Cost $0.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ALIBABA GROUP HLDG LTD	17,440,000	$27,229	6.3%	$1.28	—	NOTE 0.500% 6/0	01609WBG6
—	JD.COM INC	21,000,000	$21,058	4.9%	$1.05	—	NOTE 0.250% 6/0	47215PAJ5
—	SUPER MICRO COMPUTER INC	1,000,000	$900	0.2%	$0.98	—	NOTE 3.500% 3/0	86800UAB0