Analog Century Management LP Concentrated Active

CIK: 0001753384 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $2,032,503 (100.0% shares, 0.0% debt)

Holdings (24)

New Positions (6)

NOK NOKIA CORP 5.1%

Value ($000) $104,244 Shares 16,111,905 Est. Cost $6.47 Unrealized —

MU MICRON TECHNOLOGY INC 5.1%

Value ($000) $102,656 Shares 359,680 Est. Cost $229.35 Unrealized 0.0%

MSI MOTOROLA SOLUTIONS INC 3.5%

Value ($000) $71,100 Shares 185,485 Est. Cost $400.79 Unrealized 0.0%

TEL TE CONNECTIVITY PLC 3.3%

Value ($000) $67,017 Shares 294,566 Est. Cost $231.27 Unrealized 0.0%

ALAB ASTERA LABS INC 2.5%

Value ($000) $51,407 Shares 309,013 Est. Cost $167.29 Unrealized 0.0%

OLED UNIVERSAL DISPLAY CORP 2.3%

Value ($000) $46,914 Shares 401,726 Est. Cost $129.25 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOK	NOKIA CORP	16,111,905	$104,244	5.1%	$6.47	—	SPONSORED ADR	654902204
MU	MICRON TECHNOLOGY INC	359,680	$102,656	5.1%	$229.35	0.0%	COM	595112103
MSI	MOTOROLA SOLUTIONS INC	185,485	$71,100	3.5%	$400.79	0.0%	COM NEW	620076307
TEL	TE CONNECTIVITY PLC	294,566	$67,017	3.3%	$231.27	0.0%	ORD SHS	G87052109
ALAB	ASTERA LABS INC	309,013	$51,407	2.5%	$167.29	0.0%	COM	04626A103
OLED	UNIVERSAL DISPLAY CORP	401,726	$46,914	2.3%	$129.25	0.0%	COM	91347P105

Increased Positions (5)

AMAT APPLIED MATLS INC 5.1%

Value ($000) $103,938 (+61.1%) Shares 404,442 (+28.4%) Est. Cost $193.76 Unrealized +23.6%

ALGM ALLEGRO MICROSYSTEMS INC 2.5%

Value ($000) $49,860 (+45.3%) Shares 1,890,072 (+60.9%) Est. Cost $27.62 Unrealized -0.4%

CAMT CAMTEK LTD 3.6%

Value ($000) $73,774 (+16.2%) Shares 693,720 (+14.8%) Est. Cost $73.23 Unrealized +53.4%

ST SENSATA TECHNOLOGIES HLDG PL 2.1%

Value ($000) $42,774 (+16.6%) Shares 1,284,898 (+7.0%) Est. Cost $35.67 Unrealized -10.3%

HPE HEWLETT PACKARD ENTERPRISE C 3.2%

Value ($000) $65,256 (+6.2%) Shares 2,716,725 (+8.6%) Est. Cost $22.00 Unrealized +6.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATLS INC	404,442 (+28.4%)	$103,938 (+61.1%)	5.1%	$193.76	+23.6%	COM	038222105
ALGM	ALLEGRO MICROSYSTEMS INC	1,890,072 (+60.9%)	$49,860 (+45.3%)	2.5%	$27.62	-0.4%	COM	01749D105
CAMT	CAMTEK LTD	693,720 (+14.8%)	$73,774 (+16.2%)	3.6%	$73.23	+53.4%	ORD	M20791105
ST	SENSATA TECHNOLOGIES HLDG PL	1,284,898 (+7.0%)	$42,774 (+16.6%)	2.1%	$35.67	-10.3%	SHS	G8060N102
HPE	HEWLETT PACKARD ENTERPRISE C	2,716,725 (+8.6%)	$65,256 (+6.2%)	3.2%	$22.00	+6.5%	COM	42824C109

Exited Positions (5)

GLW CORNING INC 5.5%

Value ($000) $112,256 Shares 1,368,477 Est. Cost $46.84 Unrealized +83.6%

STM STMICROELECTRONICS N V 3.9%

Value ($000) $78,590 Shares 2,780,953 Est. Cost $25.12 Unrealized —

RMBS RAMBUS INC DEL 3.2%

Value ($000) $65,786 Shares 631,343 Est. Cost $51.44 Unrealized +91.3%

MRVL MARVELL TECHNOLOGY INC 3.2%

Value ($000) $64,369 Shares 765,656 Est. Cost $66.75 Unrealized +31.0%

ARW ARROW ELECTRS INC 2.0%

Value ($000) $41,377 Shares 341,959 Est. Cost $124.20 Unrealized -8.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLW	CORNING INC	1,368,477	$112,256	5.5%	$46.84	+83.6%	—	219350105
STM	STMICROELECTRONICS N V	2,780,953	$78,590	3.9%	$25.12	—	—	861012102
RMBS	RAMBUS INC DEL	631,343	$65,786	3.2%	$51.44	+91.3%	—	750917106
MRVL	MARVELL TECHNOLOGY INC	765,656	$64,369	3.2%	$66.75	+31.0%	—	573874104
ARW	ARROW ELECTRS INC	341,959	$41,377	2.0%	$124.20	-8.6%	—	042735100

Decreased Positions (12)

TSEM TOWER SEMICONDUCTOR LTD 4.7%

Value ($000) $95,283 (+42.4%) Shares 811,470 (-12.3%) Est. Cost $34.44 Unrealized +179.7%

FN FABRINET 3.9%

Value ($000) $78,899 (-22.4%) Shares 173,298 (-37.9%) Est. Cost $178.63 Unrealized +143.5%

MTSI MACOM TECH SOLUTIONS HLDGS I 5.1%

Value ($000) $103,825 (+21.8%) Shares 606,169 (-11.5%) Est. Cost $91.04 Unrealized +74.3%

LITE LUMENTUM HLDGS INC 6.1%

Value ($000) $123,090 (+10.3%) Shares 333,949 (-51.3%) Est. Cost $76.95 Unrealized +233.8%

ON ON SEMICONDUCTOR CORP 2.9%

Value ($000) $58,769 (-15.3%) Shares 1,085,296 (-22.9%) Est. Cost $61.56 Unrealized -16.7%

AVGO BROADCOM INC 4.4%

Value ($000) $90,295 (-9.8%) Shares 260,894 (-14.0%) Est. Cost $155.62 Unrealized +129.4%

KLAC KLA CORP 4.3%

Value ($000) $87,058 (-8.5%) Shares 71,648 (-18.8%) Est. Cost $586.14 Unrealized +99.9%

MPWR MONOLITHIC PWR SYS INC 3.2%

Value ($000) $64,100 (-10.3%) Shares 70,723 (-8.9%) Est. Cost $808.07 Unrealized +18.9%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.9%

Value ($000) $119,744 (+5.8%) Shares 394,038 (-2.8%) Est. Cost $136.54 Unrealized —

CIEN CIENA CORP 4.9%

Value ($000) $100,280 (-4.1%) Shares 428,787 (-40.3%) Est. Cost $60.03 Unrealized +223.2%

NVDA NVIDIA CORPORATION 6.7%

Value ($000) $136,695 (-2.8%) Shares 732,949 (-2.8%) Est. Cost $101.19 Unrealized +83.9%

APH AMPHENOL CORP NEW 4.8%

Value ($000) $98,390 (-1.8%) Shares 728,059 (-10.1%) Est. Cost $64.18 Unrealized +108.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TSEM	TOWER SEMICONDUCTOR LTD	811,470 (-12.3%)	$95,283 (+42.4%)	4.7%	$34.44	+179.7%	SHS NEW	M87915274
FN	FABRINET	173,298 (-37.9%)	$78,899 (-22.4%)	3.9%	$178.63	+143.5%	SHS	G3323L100
MTSI	MACOM TECH SOLUTIONS HLDGS I	606,169 (-11.5%)	$103,825 (+21.8%)	5.1%	$91.04	+74.3%	COM	55405Y100
LITE	LUMENTUM HLDGS INC	333,949 (-51.3%)	$123,090 (+10.3%)	6.1%	$76.95	+233.8%	COM	55024U109
ON	ON SEMICONDUCTOR CORP	1,085,296 (-22.9%)	$58,769 (-15.3%)	2.9%	$61.56	-16.7%	COM	682189105
AVGO	BROADCOM INC	260,894 (-14.0%)	$90,295 (-9.8%)	4.4%	$155.62	+129.4%	COM	11135F101
KLAC	KLA CORP	71,648 (-18.8%)	$87,058 (-8.5%)	4.3%	$586.14	+99.9%	COM NEW	482480100
MPWR	MONOLITHIC PWR SYS INC	70,723 (-8.9%)	$64,100 (-10.3%)	3.2%	$808.07	+18.9%	COM	609839105
TSM	TAIWAN SEMICONDUCTOR MFG LTD	394,038 (-2.8%)	$119,744 (+5.8%)	5.9%	$136.54	—	SPONSORED ADS	874039100
CIEN	CIENA CORP	428,787 (-40.3%)	$100,280 (-4.1%)	4.9%	$60.03	+223.2%	COM NEW	171779309
NVDA	NVIDIA CORPORATION	732,949 (-2.8%)	$136,695 (-2.8%)	6.7%	$101.19	+83.9%	COM	67066G104
APH	AMPHENOL CORP NEW	728,059 (-10.1%)	$98,390 (-1.8%)	4.8%	$64.18	+108.1%	CL A	032095101

Unchanged Positions (1)

AEIS ADVANCED ENERGY INDS 4.8%

Value ($000) $97,135 Shares 463,939 Est. Cost $150.44 Unrealized +35.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AEIS	ADVANCED ENERGY INDS	463,939	$97,135	4.8%	$150.44	+35.2%	COM	007973100