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Q Fund Management (Hong Kong) Ltd Historic Quarter Change: USA ETF, New

Q Fund Management (Hong Kong) Ltd historic quarter change: USA ETF, New

In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), over 6 quarters from 2024-12-31 to 2026-06-30, Q Fund Management (Hong Kong) Ltd opened 4 positions, added to 12, reduced 5 and sold out of 12.

  • Q2 2026: Stock XLE; Country of operation —; Class ST STR ENERG ETF; Shares before 0.
  • Q4 2025: Stock GDX; Country of operation —; Class GOLD MINERS ETF; Shares before 0.
  • Q3 2025: Stock TSLL; Country of operation —; Class DAILY TSLA 2X SH; Shares before 0.
  • Q2 2025: Stock TLT; Country of operation —; Class 20 YR TR BD ETF; Shares before 0.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 2078832), 6 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-07-22); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-04-29); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-01-14); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-04); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-14); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-08-14). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2025-06-30.

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q2 2026XLE
SELECT SECTOR SPDR TR
ST STR ENERG ETF0400+400$0$21,244+$21,2442026-07-22
Q4 2025GDX
VANECK ETF TRUST
GOLD MINERS ETF016,000+16,000$0$1,372,320+$1,372,3202026-01-14
Q3 2025TSLL
DIREXION SHS ETF TR
DAILY TSLA 2X SH0170,500+170,500$0$3,599,255+$3,599,2552025-11-04
Q2 2025TLT
ISHARES TR
20 YR TR BD ETF01,000+1,000$0$88,250+$88,2502025-08-14

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