KADENSA CAPITAL Ltd Quant / Systematic

CIK: 0001720980 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $963,021 (100.0% shares, 0.0% debt)

Holdings (43)

New Positions (5)

HOOD ROBINHOOD MKTS INC 2.3%

Value ($000) $21,705 Shares 191,912 Est. Cost $130.05 Unrealized 0.0%

FLEX FLEX LTD 2.2%

Value ($000) $21,597 Shares 357,455 Est. Cost $61.77 Unrealized 0.0%

TTMI TTM TECHNOLOGIES INC 1.4%

Value ($000) $13,658 Shares 197,943 Est. Cost $65.27 Unrealized 0.0%

UMC UNITED MICROELECTRONICS CORP 1.1%

Value ($000) $10,496 Shares 1,335,392 Est. Cost $7.86 Unrealized —

SNDK SANDISK CORP 0.8%

Value ($000) $7,385 Shares 31,111 Est. Cost $200.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HOOD	ROBINHOOD MKTS INC	191,912	$21,705	2.3%	$130.05	0.0%	COM CL A	770700102
FLEX	FLEX LTD	357,455	$21,597	2.2%	$61.77	0.0%	ORD	Y2573F102
TTMI	TTM TECHNOLOGIES INC	197,943	$13,658	1.4%	$65.27	0.0%	COM	87305R109
UMC	UNITED MICROELECTRONICS CORP	1,335,392	$10,496	1.1%	$7.86	—	SPON ADR NEW	910873405
SNDK	SANDISK CORP	31,111	$7,385	0.8%	$200.29	0.0%	COM	80004C200

Increased Positions (23)

NVDA NVIDIA CORPORATION 10.1%

Value ($000) $97,382 (+91.0%) Shares 522,158 (+91.1%) Est. Cost $168.97 Unrealized +10.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.2%

Value ($000) $60,039 (+26.9%) Shares 197,568 (+16.7%) Est. Cost $274.07 Unrealized —

AVGO BROADCOM INC 4.7%

Value ($000) $44,904 (+38.3%) Shares 129,743 (+31.8%) Est. Cost $264.40 Unrealized +35.0%

PWR QUANTA SVCS INC 3.5%

Value ($000) $33,301 (+55.6%) Shares 78,901 (+52.8%) Est. Cost $406.05 Unrealized +8.2%

TSLA TESLA INC 6.3%

Value ($000) $60,653 (+21.9%) Shares 134,868 (+20.5%) Est. Cost $355.88 Unrealized +24.6%

GEV GE VERNOVA INC 2.4%

Value ($000) $23,302 (+79.0%) Shares 35,654 (+68.4%) Est. Cost $606.95 Unrealized +0.3%

BABA ALIBABA GROUP HLDG LTD 5.6%

Value ($000) $54,291 (-15.6%) Shares 370,388 (+2.9%) Est. Cost $130.90 Unrealized —

META META PLATFORMS INC 2.3%

Value ($000) $22,033 (+66.7%) Shares 33,379 (+85.4%) Est. Cost $700.33 Unrealized -4.7%

BE BLOOM ENERGY CORP 1.1%

Value ($000) $10,732 (+68.9%) Shares 123,513 (+64.4%) Est. Cost $69.40 Unrealized +51.4%

WM WASTE MGMT INC DEL 2.1%

Value ($000) $20,361 (+25.8%) Shares 92,672 (+26.5%) Est. Cost $219.74 Unrealized -3.3%

PLTR PALANTIR TECHNOLOGIES INC 2.4%

Value ($000) $23,276 (+19.1%) Shares 130,946 (+22.2%) Est. Cost $165.52 Unrealized +9.4%

ORCL ORACLE CORP 2.3%

Value ($000) $22,386 (-14.2%) Shares 114,853 (+23.8%) Est. Cost $247.38 Unrealized -3.8%

AXON AXON ENTERPRISE INC 2.3%

Value ($000) $22,253 (+10.5%) Shares 39,182 (+39.6%) Est. Cost $685.76 Unrealized -9.5%

MSFT MICROSOFT CORP 2.4%

Value ($000) $23,440 (+8.7%) Shares 48,468 (+16.4%) Est. Cost $507.56 Unrealized -1.4%

TEM TEMPUS AI INC 2.2%

Value ($000) $21,550 (-7.3%) Shares 364,946 (+26.7%) Est. Cost $59.09 Unrealized +32.4%

RBLX ROBLOX CORP 2.3%

Value ($000) $22,131 (+7.1%) Shares 273,118 (+83.1%) Est. Cost $116.07 Unrealized -8.5%

XPEV XPENG INC 1.1%

Value ($000) $10,691 (-11.1%) Shares 527,166 (+2.7%) Est. Cost $23.34 Unrealized —

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.4%

Value ($000) $3,844 (+40.7%) Shares 50,636 (+69.3%) Est. Cost $71.34 Unrealized +14.8%

TT TRANE TECHNOLOGIES PLC 1.5%

Value ($000) $14,789 (-6.7%) Shares 37,998 (+1.1%) Est. Cost $426.46 Unrealized -3.0%

IBIT ISHARES BITCOIN TRUST ETF 1.1%

Value ($000) $10,903 (-8.2%) Shares 219,599 (+20.2%) Est. Cost $51.40 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 1.5%

Value ($000) $14,231 (+7.1%) Shares 173,293 (+22.1%) Est. Cost $99.36 Unrealized -17.4%

UPST UPSTART HLDGS INC 2.4%

Value ($000) $22,783 (-1.5%) Shares 520,986 (+14.5%) Est. Cost $62.66 Unrealized -26.5%

TME TENCENT MUSIC ENTMT GROUP 1.3%

Value ($000) $12,484 (+0.9%) Shares 712,126 (+34.3%) Est. Cost $21.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	522,158 (+91.1%)	$97,382 (+91.0%)	10.1%	$168.97	+10.2%	COM	67066G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	197,568 (+16.7%)	$60,039 (+26.9%)	6.2%	$274.07	—	SPONSORED ADS	874039100
AVGO	BROADCOM INC	129,743 (+31.8%)	$44,904 (+38.3%)	4.7%	$264.40	+35.0%	COM	11135F101
PWR	QUANTA SVCS INC	78,901 (+52.8%)	$33,301 (+55.6%)	3.5%	$406.05	+8.2%	COM	74762E102
TSLA	TESLA INC	134,868 (+20.5%)	$60,653 (+21.9%)	6.3%	$355.88	+24.6%	COM	88160R101
GEV	GE VERNOVA INC	35,654 (+68.4%)	$23,302 (+79.0%)	2.4%	$606.95	+0.3%	COM	36828A101
BABA	ALIBABA GROUP HLDG LTD	370,388 (+2.9%)	$54,291 (-15.6%)	5.6%	$130.90	—	SPONSORED ADS	01609W102
META	META PLATFORMS INC	33,379 (+85.4%)	$22,033 (+66.7%)	2.3%	$700.33	-4.7%	CL A	30303M102
BE	BLOOM ENERGY CORP	123,513 (+64.4%)	$10,732 (+68.9%)	1.1%	$69.40	+51.4%	COM CL A	093712107
WM	WASTE MGMT INC DEL	92,672 (+26.5%)	$20,361 (+25.8%)	2.1%	$219.74	-3.3%	COM	94106L109
PLTR	PALANTIR TECHNOLOGIES INC	130,946 (+22.2%)	$23,276 (+19.1%)	2.4%	$165.52	+9.4%	CL A	69608A108
ORCL	ORACLE CORP	114,853 (+23.8%)	$22,386 (-14.2%)	2.3%	$247.38	-3.8%	COM	68389X105
AXON	AXON ENTERPRISE INC	39,182 (+39.6%)	$22,253 (+10.5%)	2.3%	$685.76	-9.5%	COM	05464C101
MSFT	MICROSOFT CORP	48,468 (+16.4%)	$23,440 (+8.7%)	2.4%	$507.56	-1.4%	COM	594918104
TEM	TEMPUS AI INC	364,946 (+26.7%)	$21,550 (-7.3%)	2.2%	$59.09	+32.4%	CL A	88023B103
RBLX	ROBLOX CORP	273,118 (+83.1%)	$22,131 (+7.1%)	2.3%	$116.07	-8.5%	CL A	771049103
XPEV	XPENG INC	527,166 (+2.7%)	$10,691 (-11.1%)	1.1%	$23.34	—	ADS	98422D105
KTOS	KRATOS DEFENSE & SEC SOLUTIO	50,636 (+69.3%)	$3,844 (+40.7%)	0.4%	$71.34	+14.8%	COM NEW	50077B207
TT	TRANE TECHNOLOGIES PLC	37,998 (+1.1%)	$14,789 (-6.7%)	1.5%	$426.46	-3.0%	SHS	G8994E103
IBIT	ISHARES BITCOIN TRUST ETF	219,599 (+20.2%)	$10,903 (-8.2%)	1.1%	$51.40	—	SHS BEN INT	46438F101
MMYT	MAKEMYTRIP LIMITED MAURITIUS	173,293 (+22.1%)	$14,231 (+7.1%)	1.5%	$99.36	-17.4%	SHS	V5633W109
UPST	UPSTART HLDGS INC	520,986 (+14.5%)	$22,783 (-1.5%)	2.4%	$62.66	-26.5%	COM	91680M107
TME	TENCENT MUSIC ENTMT GROUP	712,126 (+34.3%)	$12,484 (+0.9%)	1.3%	$21.86	—	SPON ADS	88034P109

Exited Positions (11)

LRN STRIDE INC 2.4%

Value ($000) $23,399 Shares 157,101 Est. Cost $142.01 Unrealized -36.1%

FN FABRINET 1.7%

Value ($000) $16,147 Shares 44,284 Est. Cost $329.28 Unrealized +32.1%

GLD SPDR GOLD TR 1.7%

Value ($000) $16,079 Shares 45,234 Est. Cost $294.50 Unrealized —

ISRG INTUITIVE SURGICAL INC 1.2%

Value ($000) $11,635 Shares 26,015 Est. Cost $479.87 Unrealized +10.9%

BA BOEING CO 1.0%

Value ($000) $9,561 Shares 44,298 Est. Cost $188.88 Unrealized +8.9%

SNPS SYNOPSYS INC 1.0%

Value ($000) $9,528 Shares 19,312 Est. Cost $518.38 Unrealized -14.3%

CCJ CAMECO CORP 1.0%

Value ($000) $9,470 Shares 112,929 Est. Cost $76.67 Unrealized +17.3%

CDNS CADENCE DESIGN SYSTEM INC 1.0%

Value ($000) $9,453 Shares 26,912 Est. Cost $321.51 Unrealized +1.5%

PSIX POWER SOLUTIONS INTL INC 0.6%

Value ($000) $5,865 Shares 59,710 Est. Cost $88.67 Unrealized -19.5%

CLS CELESTICA INC 0.4%

Value ($000) $3,682 Shares 14,944 Est. Cost $201.61 Unrealized +49.5%

SPOT SPOTIFY TECHNOLOGY S A 0.0%

Value ($000) $244 Shares 350 Est. Cost $641.84 Unrealized -2.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LRN	STRIDE INC	157,101	$23,399	2.4%	$142.01	-36.1%	—	86333M108
FN	FABRINET	44,284	$16,147	1.7%	$329.28	+32.1%	—	G3323L100
GLD	SPDR GOLD TR	45,234	$16,079	1.7%	$294.50	—	—	78463V107
ISRG	INTUITIVE SURGICAL INC	26,015	$11,635	1.2%	$479.87	+10.9%	—	46120E602
BA	BOEING CO	44,298	$9,561	1.0%	$188.88	+8.9%	—	097023105
SNPS	SYNOPSYS INC	19,312	$9,528	1.0%	$518.38	-14.3%	—	871607107
CCJ	CAMECO CORP	112,929	$9,470	1.0%	$76.67	+17.3%	—	13321L108
CDNS	CADENCE DESIGN SYSTEM INC	26,912	$9,453	1.0%	$321.51	+1.5%	—	127387108
PSIX	POWER SOLUTIONS INTL INC	59,710	$5,865	0.6%	$88.67	-19.5%	—	73933G202
CLS	CELESTICA INC	14,944	$3,682	0.4%	$201.61	+49.5%	—	15101Q207
SPOT	SPOTIFY TECHNOLOGY S A	350	$244	0.0%	$641.84	-2.6%	—	L8681T102

Decreased Positions (9)

VIK VIKING HOLDINGS LTD 1.4%

Value ($000) $13,071 (-65.4%) Shares 183,041 (-69.9%) Est. Cost $37.46 Unrealized +70.4%

MP MP MATERIALS CORP 0.6%

Value ($000) $5,969 (-63.7%) Shares 118,155 (-51.8%) Est. Cost $62.91 Unrealized +0.8%

AVAV AEROVIRONMENT INC 1.5%

Value ($000) $14,734 (-36.9%) Shares 60,913 (-17.9%) Est. Cost $258.71 Unrealized +21.5%

ATAT ATOUR LIFESTYLE HLDGS LTD 0.9%

Value ($000) $8,739 (-45.4%) Shares 221,801 (-47.9%) Est. Cost $33.64 Unrealized —

LITE LUMENTUM HLDGS INC 0.9%

Value ($000) $8,241 (-45.6%) Shares 22,359 (-76.0%) Est. Cost $124.70 Unrealized +106.0%

HWM HOWMET AEROSPACE INC 1.8%

Value ($000) $17,397 (-17.5%) Shares 84,857 (-21.1%) Est. Cost $171.77 Unrealized +15.9%

GE GE AEROSPACE 5.1%

Value ($000) $48,693 (-6.7%) Shares 158,078 (-8.9%) Est. Cost $199.86 Unrealized +50.5%

HII HUNTINGTON INGALLS INDS INC 2.6%

Value ($000) $25,167 (-10.6%) Shares 74,005 (-24.3%) Est. Cost $264.43 Unrealized +17.0%

JCI JOHNSON CTLS INTL PLC 2.7%

Value ($000) $26,171 (-6.8%) Shares 218,547 (-14.4%) Est. Cost $97.59 Unrealized +17.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VIK	VIKING HOLDINGS LTD	183,041 (-69.9%)	$13,071 (-65.4%)	1.4%	$37.46	+70.4%	ORD SHS	G93A5A101
MP	MP MATERIALS CORP	118,155 (-51.8%)	$5,969 (-63.7%)	0.6%	$62.91	+0.8%	COM CL A	553368101
AVAV	AEROVIRONMENT INC	60,913 (-17.9%)	$14,734 (-36.9%)	1.5%	$258.71	+21.5%	COM	008073108
ATAT	ATOUR LIFESTYLE HLDGS LTD	221,801 (-47.9%)	$8,739 (-45.4%)	0.9%	$33.64	—	SPONSORED ADS	04965M106
LITE	LUMENTUM HLDGS INC	22,359 (-76.0%)	$8,241 (-45.6%)	0.9%	$124.70	+106.0%	COM	55024U109
HWM	HOWMET AEROSPACE INC	84,857 (-21.1%)	$17,397 (-17.5%)	1.8%	$171.77	+15.9%	COM	443201108
GE	GE AEROSPACE	158,078 (-8.9%)	$48,693 (-6.7%)	5.1%	$199.86	+50.5%	COM NEW	369604301
HII	HUNTINGTON INGALLS INDS INC	74,005 (-24.3%)	$25,167 (-10.6%)	2.6%	$264.43	+17.0%	COM	446413106
JCI	JOHNSON CTLS INTL PLC	218,547 (-14.4%)	$26,171 (-6.8%)	2.7%	$97.59	+17.6%	SHS	G51502105

Unchanged Positions (6)

EH EHANG HLDGS LTD 1.4%

Value ($000) $13,845 Shares 1,050,480 Est. Cost $19.12 Unrealized —

ALAB ASTERA LABS INC 2.1%

Value ($000) $20,472 Shares 123,057 Est. Cost $164.44 Unrealized +1.7%

SY SO YOUNG INTERNATIONAL INC 0.3%

Value ($000) $2,617 Shares 1,022,291 Est. Cost $3.87 Unrealized —

WRD WERIDE INC 0.8%

Value ($000) $7,815 Shares 900,297 Est. Cost $8.10 Unrealized —

AMBQ AMBIQ MICRO INC 1.2%

Value ($000) $11,257 Shares 394,991 Est. Cost $36.46 Unrealized -21.4%

DECK DECKERS OUTDOOR CORP 1.3%

Value ($000) $12,232 Shares 117,993 Est. Cost $109.07 Unrealized -14.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EH	EHANG HLDGS LTD	1,050,480	$13,845	1.4%	$19.12	—	ADS	26853E102
ALAB	ASTERA LABS INC	123,057	$20,472	2.1%	$164.44	+1.7%	COM	04626A103
SY	SO YOUNG INTERNATIONAL INC	1,022,291	$2,617	0.3%	$3.87	—	SPONSORED ADS	83356Q108
WRD	WERIDE INC	900,297	$7,815	0.8%	$8.10	—	SPONSORED ADS	950915108
AMBQ	AMBIQ MICRO INC	394,991	$11,257	1.2%	$36.46	-21.4%	COMMON STOCK	023193105
DECK	DECKERS OUTDOOR CORP	117,993	$12,232	1.3%	$109.07	-14.1%	COM	243537107