Institution

Y-Intercept (Hong Kong) Ltd

13F for the quarter to June 30, 2026, filed July 14, 2026 · SEC CIK 1772875

Reported value: $5.1bn
Positions we cover: 1,405
Copy, a year: +16.2%
Copy Sharpe ratio: 0.74

How copying its 13F would have done

CopyS&P 500 $10,000 copying Y-Intercept (Hong Kong) Ltd's filed holdings in companies we cover from February 17, 2023, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −17.0% (S&P 500 −16.9%); beta 0.97; alpha −2.4% a year (t = −0.59); last 12 months +14.6% against +12.1%.

Reported value by quarter

Y-Intercept (Hong Kong) Ltd: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2022-09-30	$999.7B
2022-12-31	$678.4B
2023-09-30	$1B
2023-12-31	$1.1B
2024-03-31	$1.3B
2024-06-30	$1.8B
2024-09-30	$1.6B
2024-12-31	$1.5B
2025-03-31	$1.5B
2025-06-30	$4.1B
2025-09-30	$4.2B
2025-12-31	$4.5B
2026-03-31	$5.3B
2026-06-30	$5.1B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AMZNAmazon	1.26%	$63.5m	266.5K	+5298.7% Added
AAPLApple Inc.	0.99%	$50.2m	173.5K	−21.6% Reduced
BSXBoston Scientific	0.95%	$47.8m	1.12M	+148.8% Added
MSFTMicrosoft Corporation	0.88%	$44.5m	119.4K	+14.9% Added
SPCXSpace Exploration Technologies Corp	0.84%	$42.4m	248.4K	New
CRMSalesforce	0.70%	$35.5m	226.5K	+259.0% Added
CMECME Group	0.65%	$32.8m	148.3K	+1306.0% Added
CTSHCognizant	0.61%	$30.9m	798.6K	+404.7% Added
INTUIntuit	0.56%	$28.6m	109.4K	+1026.0% Added
QCOMQualcomm	0.56%	$28.1m	151.9K	New
CBOECboe Global Markets	0.54%	$27.5m	113.2K	+663.5% Added
NVDANVIDIA Corporation	0.51%	$26.0m	129.8K	New
ACNAccenture	0.51%	$25.6m	205.9K	New
MPWRMonolithic Power Systems, Inc.	0.49%	$25.0m	18.1K	+290.5% Added
JPMJPMorgan Chase	0.46%	$23.3m	71.2K	−6.0% Reduced
NFLXNetflix	0.45%	$22.6m	316.6K	+810.6% Added
CVXChevron Corporation	0.44%	$22.3m	134.5K	+1867.0% Added
COSTCostco	0.44%	$22.1m	23.7K	+101.9% Added
WMTWalmart	0.43%	$21.9m	193.7K	+53.6% Added
LDOSLeidos	0.43%	$21.7m	210.6K	+496.7% Added
ORCLOracle Corporation	0.43%	$21.5m	146.9K	+34.7% Added
ONON Semiconductor Corp	0.42%	$21.5m	227.0K	+1111.8% Added
GSGoldman Sachs	0.41%	$20.9m	20.6K	+37.3% Added
BEBloom Energy	0.41%	$20.7m	68.2K	New
INTCIntel	0.41%	$20.5m	147.0K	New
KVUEKenvue	0.40%	$20.2m	1.06M	New
SUSuncor Energy Inc	0.38%	$19.3m	358.7K	New
ELVElevance Health	0.38%	$19.2m	49.7K	+74.4% Added
ABBVAbbVie	0.37%	$18.7m	74.2K	−20.7% Reduced
SNDKSandisk	0.37%	$18.5m	8.1K	−82.8% Reduced
COPConocoPhillips	0.37%	$18.5m	177.8K	New
UHSUniversal Health Services	0.34%	$16.9m	113.7K	+139.0% Added
VRTVertiv	0.32%	$15.9m	47.6K	New
NEMNewmont	0.30%	$15.3m	163.7K	New
CRDOCredo Technology Group Holding Ltd	0.30%	$15.2m	55.8K	New
LYVLive Nation Entertainment	0.30%	$15.0m	81.9K	New
UBERUber	0.30%	$15.0m	207.5K	+4.1% Added
TAT&T	0.29%	$14.9m	720.8K	New
PGRProgressive Corporation	0.29%	$14.8m	67.7K	New
HWMHowmet Aerospace	0.29%	$14.7m	54.8K	+4.0% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.29%	$14.7m	30.8K	−62.1% Reduced
KTOSKratos Defense & Security Solutions, Inc.	0.29%	$14.7m	294.5K	+360.7% Added
UNHUnitedHealth Group	0.29%	$14.6m	35.0K	New
ISRGIntuitive Surgical	0.28%	$14.4m	36.2K	+13.3% Added
NOCNorthrop Grumman	0.28%	$14.4m	28.2K	+345.0% Added
ICEIntercontinental Exchange	0.28%	$14.2m	115.4K	+133.9% Added
AVGOBroadcom	0.28%	$14.2m	37.5K	New
KOThe Coca-Cola Company	0.27%	$13.7m	168.5K	+194.4% Added
STRLSterling Infrastructure, Inc.	0.27%	$13.7m	16.3K	New
ROLRollins, Inc.	0.27%	$13.6m	326.5K	+303.4% Added
LRCXLam Research	0.27%	$13.6m	31.4K	−74.7% Reduced
AEMAgnico Eagle Mines LTD	0.27%	$13.5m	87.2K	+53.1% Added
FOXAFox Corporation (Class A)	0.27%	$13.5m	259.0K	New
ZSZscaler, Inc.	0.27%	$13.4m	94.9K	−30.5% Reduced
CIENCiena	0.26%	$13.0m	26.5K	New
TMUST-Mobile US	0.26%	$12.9m	76.9K	+55.5% Added
HCAHCA Healthcare	0.25%	$12.6m	32.2K	+135.9% Added
RMBSRambus Inc	0.25%	$12.6m	94.7K	+156.6% Added
CSGPCoStar Group	0.24%	$11.9m	420.9K	+34.9% Added
SANMSanmina Corp	0.24%	$11.9m	47.1K	+27.9% Added
RCLRoyal Caribbean Group	0.23%	$11.9m	37.4K	−29.4% Reduced
ZZillow Group, Inc.	0.23%	$11.9m	376.4K	+295.1% Added
BKRBaker Hughes	0.23%	$11.8m	212.5K	New
CVECenovus Energy Inc.	0.23%	$11.6m	466.3K	New
CNQCanadian Natural Resources Ltd	0.23%	$11.3m	287.2K	New
MCKMcKesson	0.22%	$11.3m	14.9K	−10.3% Reduced
HUBSHubspot Inc	0.22%	$11.3m	61.7K	−3.1% Reduced
HALHalliburton	0.22%	$11.3m	331.4K	+97.4% Added
ORLYO'Reilly Automotive	0.22%	$11.2m	121.2K	New
PBRPetrobras - Petroleo Brasileiro SA	0.22%	$11.1m	686.0K	+962.3% Added
ANETArista Networks	0.22%	$11.0m	64.6K	−27.2% Reduced
AGIAlamos Gold Inc	0.22%	$10.9m	360.6K	+84.6% Added
INSMInsmed Inc	0.21%	$10.9m	101.9K	New
BLKBlackRock	0.21%	$10.7m	11.1K	+17.1% Added
ENSGEnsign Group, Inc	0.21%	$10.6m	66.0K	New
ZTSZoetis	0.21%	$10.6m	147.1K	+828.6% Added
ULTAUlta Beauty	0.21%	$10.5m	23.3K	−35.6% Reduced
MCDMcDonald's	0.21%	$10.4m	38.4K	+93.7% Added
BBarrick Mining Corp	0.20%	$10.4m	282.4K	−34.5% Reduced
ADBEAdobe Inc.	0.20%	$10.3m	50.1K	−39.9% Reduced
APHAmphenol	0.20%	$10.3m	58.1K	−56.2% Reduced
SMTCSemtech Corp	0.20%	$10.2m	63.0K	New
HIGThe Hartford	0.20%	$10.0m	75.8K	+148.0% Added
DYDycom Industries Inc	0.20%	$10.0m	19.8K	+79.0% Added
HLTHilton Worldwide	0.20%	$10.0m	30.2K	New
LLYLilly (Eli)	0.20%	$10.0m	8.3K	−74.8% Reduced
FCXFreeport-McMoRan	0.20%	$10.0m	158.3K	New
STXSeagate Technology	0.20%	$9.9m	10.2K	−5.6% Reduced
STLDSteel Dynamics	0.20%	$9.9m	43.0K	+1389.9% Added
KMBKimberly-Clark	0.19%	$9.8m	89.3K	New
MRNAModerna	0.19%	$9.8m	139.9K	+747.1% Added
TELTE Connectivity	0.19%	$9.7m	48.3K	−23.6% Reduced
VRSNVerisign Inc	0.19%	$9.7m	38.7K	+800.0% Added
NXTNextpower Inc.	0.19%	$9.7m	81.5K	New
PCORProcore Technologies, Inc.	0.19%	$9.7m	238.9K	New
APAAPA Corporation	0.19%	$9.5m	290.9K	New
APPApplovin Corp	0.19%	$9.4m	18.2K	−58.0% Reduced
PAASPAN American Silver Corp	0.19%	$9.4m	209.8K	−33.7% Reduced
ZMZoom Communications, Inc.	0.19%	$9.4m	108.8K	+1774.5% Added
UDRUDR, Inc.	0.18%	$9.3m	234.0K	New
AKAMAkamai Technologies	0.18%	$9.3m	78.9K	New
PRIMPrimoris Services Corp	0.18%	$9.2m	92.6K	New
UNMUnum Group	0.18%	$9.1m	101.8K	+88.9% Added
VRSKVerisk Analytics, Inc.	0.18%	$9.1m	50.7K	+149.8% Added
TEMTempus AI, Inc.	0.18%	$9.0m	156.1K	New
LOWLowe's	0.18%	$9.0m	40.8K	−4.4% Reduced
GAPGAP Inc	0.18%	$9.0m	481.8K	New
SBACSBA Communications	0.18%	$8.9m	50.3K	+86.5% Added
OLLIOllie's Bargain Outlet Holdings, Inc.	0.17%	$8.8m	114.8K	+55.7% Added
NUENucor	0.17%	$8.8m	39.6K	+2389.3% Added
BKNGBooking Holdings	0.17%	$8.7m	48.9K	+981.1% Added
DOCNDigitalocean Holdings, Inc.	0.17%	$8.7m	55.5K	New
SPOTSpotify Technology S.a.	0.17%	$8.7m	19.0K	−36.2% Reduced
NOWServiceNow	0.17%	$8.6m	86.7K	−63.8% Reduced
IDXXIdexx Laboratories	0.17%	$8.6m	16.3K	+19.5% Added
FTAIFTAI Aviation Ltd.	0.17%	$8.6m	31.7K	New
TJXTJX Companies	0.17%	$8.6m	56.5K	+103.1% Added
BKEBuckle Inc	0.17%	$8.5m	201.2K	+289.1% Added
MRSHMarsh McLennan	0.17%	$8.4m	50.4K	+57.0% Added
DPZDomino's	0.17%	$8.4m	28.4K	+581.9% Added
BABAAlibaba Group Holding Ltd	0.17%	$8.4m	87.5K	+471.5% Added
TWLOTwilio Inc	0.17%	$8.4m	40.5K	+471.8% Added
TTDTrade Desk, Inc.	0.16%	$8.2m	452.4K	+418.7% Added
MODModine Manufacturing Co	0.16%	$8.1m	30.5K	New
BRBroadridge Financial Solutions	0.16%	$8.1m	59.3K	+47.6% Added
MMM3M	0.16%	$8.0m	49.6K	−23.1% Reduced
BBIOBridgebio Pharma, Inc.	0.16%	$8.0m	107.4K	New
CFCF Industries	0.16%	$8.0m	73.7K	New
AMPAmeriprise Financial	0.16%	$8.0m	17.4K	−39.3% Reduced
GWREGuidewire Software, Inc.	0.16%	$7.9m	64.2K	New
GHGuardant Health, Inc.	0.16%	$7.9m	52.5K	New
TLNTalen Energy Corp	0.16%	$7.9m	20.5K	New
YUMCYum China Holdings, Inc.	0.16%	$7.9m	192.6K	+104.3% Added
CTASCintas	0.15%	$7.9m	46.2K	New
MARMarriott International	0.15%	$7.8m	21.2K	−10.0% Reduced
MAMastercard	0.15%	$7.8m	15.2K	−18.1% Reduced
KRKroger	0.15%	$7.8m	140.0K	+184.9% Added
CNHCNH Industrial N.V.	0.15%	$7.8m	692.0K	+183.2% Added
UPSUnited Parcel Service	0.15%	$7.8m	72.2K	−29.8% Reduced
WFCWells Fargo	0.15%	$7.7m	93.7K	−44.5% Reduced
UTHRUnited Therapeutics Corp	0.15%	$7.7m	14.3K	New
MKSIMKS Inc	0.15%	$7.7m	17.2K	+76.9% Added
AAAlcoa Corp	0.15%	$7.6m	146.5K	+21.8% Added
AVAVAerovironment Inc	0.15%	$7.6m	46.0K	+235.9% Added
VSTVistra Corp.	0.15%	$7.6m	47.8K	New
SLBSchlumberger	0.15%	$7.5m	162.4K	New
PGProcter & Gamble	0.15%	$7.5m	51.4K	+218.3% Added
DECKDeckers Brands	0.15%	$7.5m	75.8K	−22.8% Reduced
LPLALPL Financial Holdings Inc.	0.15%	$7.5m	26.5K	New
GDDYGodaddy Inc.	0.15%	$7.4m	87.6K	−12.6% Reduced

Company	Bought (value)	Shares
AMZNAmazon	$62.3m	261.5K
SPCXSpace Exploration Technologies Corp	$42.4m	248.4K
CMECME Group	$30.4m	137.8K
BSXBoston Scientific	$28.6m	670.1K
QCOMQualcomm	$28.1m	151.9K
INTUIntuit	$26.0m	99.7K
NVDANVIDIA Corporation	$26.0m	129.8K
ACNAccenture	$25.6m	205.9K
CRMSalesforce	$25.6m	163.4K
CTSHCognizant	$24.8m	640.4K
CBOECboe Global Markets	$23.9m	98.4K
CVXChevron Corporation	$21.2m	127.7K
BEBloom Energy	$20.7m	68.2K
INTCIntel	$20.5m	147.0K
KVUEKenvue	$20.2m	1.06M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
SNDKSandisk	−$89.4m	−39.3K
MUMicron Technology	−$42.9m	−127.1K
LRCXLam Research	−$40.1m	−92.6K
DASHDoorDash	−$33.0m	−219.5K
EMREmerson Electric	−$31.0m	−216.6K
COFCapital One	−$30.8m	−153.6K
LLYLilly (Eli)	−$29.6m	−24.7K
GOOGLAlphabet Inc. (Class A)	−$27.8m	−96.7K
RBLXRoblox Corp	−$26.7m	−472.1K
CSCOCisco	−$25.6m	−218.1K
SESea Ltd	−$25.4m	−264.6K
TSMTaiwan Semiconductor Manufacturing Co LTD	−$24.1m	−50.4K
VVisa Inc.	−$23.7m	−69.0K
PMPhilip Morris International	−$22.1m	−133.9K
SAPSAP SE	−$21.0m	−122.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
MUMicron Technology	$42.9m	127.1K
DASHDoorDash	$33.0m	219.5K
GOOGLAlphabet Inc. (Class A)	$27.8m	96.7K
RBLXRoblox Corp	$26.7m	472.1K
PMPhilip Morris International	$22.1m	133.9K
SAPSAP SE	$21.0m	122.5K
AZOAutoZone	$19.5m	5.8K
HDThe Home Depot	$17.7m	53.8K
AMDAdvanced Micro Devices	$17.2m	84.7K
ECLEcolab	$16.0m	60.1K
DHRDanaher Corporation	$14.5m	76.3K
LUVSouthwest Airlines	$14.0m	372.2K
CATCaterpillar Inc.	$13.7m	19.4K
TRVThe Travelers Companies	$13.6m	46.7K
RFRegions Financial Corporation	$13.6m	519.8K
MRVLMarvell Technology	$13.5m	136.3K
SNOWSnowflake Inc.	$13.4m	88.8K
ULUnilever PLC	$12.5m	218.9K
MNSTMonster Beverage	$12.3m	170.0K
CLColgate-Palmolive	$12.1m	141.7K
THCTenet Healthcare Corp	$12.0m	63.4K
MKCMcCormick & Company	$11.9m	235.6K
UNPUnion Pacific Corporation	$11.6m	47.8K
SYKStryker Corporation	$11.4m	34.6K
SHOPShopify Inc.	$11.3m	95.6K
FHBFirst Hawaiian, Inc.	$10.1m	411.4K
URIUnited Rentals	$10.0m	13.8K
FISVFiserv	$9.9m	177.0K
JBHTJ.B. Hunt	$9.8m	46.3K
IBMIBM	$9.8m	40.2K

Technology22.8%
Industrials14.2%
Financials14.0%
Health Care12.8%
Consumer Discretionary10.7%
Materials5.6%
Energy5.3%
Consumer Staples4.3%
Communication Services4.1%
Real Estate4.0%
Utilities2.3%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 17, 2023 to November 2, 2026	+16.2%	+19.7%	0.74	1.02	−17.0%	0.97
Last three yearsNovember 3, 2023 to November 2, 2026	+21.2%	+21.8%	1.04	1.16	−17.0%	0.93
Last yearNovember 7, 2025 to November 2, 2026	+17.3%	+14.2%	1.00	0.84	−9.3%	0.82

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.