Twin Peaks Capital Ltd
Twin Peaks Capital Ltd reported 13 US-listed holdings worth $123.0 million in its 13F for the quarter ended 30 September 2026, filed 3 November 2026. Its largest: Taiwan Semiconductor Manufacturing Company Limited (47.1%), Alphabet Inc. (14.8%) and ASML Holding N.V. (8.8%). Against the quarter before, it opened 4 positions, added to 2, trimmed 3 and sold out of 4.
The 13 largest of its 13 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +18.7% over the 3 quarters to 30 September 2026, against +11.8% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 4
- PDD Holdings Inc. PDD$5.1 million
- Amazon.com Inc. AMZN$2.5 million
- Expedia Group, Inc. EXPE$2.0 million
- Booking Holdings Inc. BKNG$1.2 million
Added to 2
- ASML Holding N.V. ASML+3,000 shares · +100%
- Taiwan Semiconductor Manufacturing Company Limited TSM+10,400 shares · +9%
Trimmed 3
- Applied Materials Inc. AMAT-14,000 shares · -82%
- NVIDIA Corp. NVDA-20,000 shares · -31%
- Broadcom Inc. AVGO-12,500 shares · -62%
Sold out of 4
- Advanced Micro Devices Inc. AMD$5.8 million last quarter
- Astera Labs, Inc. ALAB$4.8 million last quarter
- Tencent Music Entertainment Group TME$2.5 million last quarter
- Micron Technology Inc. MU$2.3 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited TSM | 126.9K | $57.9 million | 47.06% | +10.4K |
| Alphabet Inc. GOOGL | 53.1K | $18.3 million | 14.84% | no change |
| ASML Holding N.V. ASML | 6.0K | $10.9 million | 8.83% | +3.0K |
| NVIDIA Corp. NVDA | 45.1K | $10.3 million | 8.37% | -20.0K |
| PDD Holdings Inc. PDD | 65.0K | $5.1 million | 4.12% | new |
| Vertiv Holdings Co. VRT | 20.0K | $4.8 million | 3.92% | no change |
| GE Vernova Inc. GEV | 4.5K | $4.3 million | 3.49% | no change |
| Broadcom Inc. AVGO | 7.5K | $2.6 million | 2.14% | -12.5K |
| Amazon.com Inc. AMZN | 10.0K | $2.5 million | 2.02% | new |
| Expedia Group, Inc. EXPE | 7.5K | $2.0 million | 1.61% | new |
| Qifu Technology Inc. QFIN | 250.0K | $1.7 million | 1.36% | no change |
| Applied Materials Inc. AMAT | 3.0K | $1.5 million | 1.25% | -14.0K |
| Booking Holdings Inc. BKNG | 7.5K | $1.2 million | 0.99% | new |
Read more
Change is shares against its 13F for the quarter before; the 4 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited TSM | Puts | 30.0K | $13.7 million |
| iShares Trust SOXX | Puts | 20.0K | $11.4 million |
| Alphabet Inc. GOOGL | Puts | 20.0K | $6.9 million |
| iShares Inc. EWY | Puts | 32.0K | $5.8 million |
| Invesco QQQ Trust QQQ | Puts | 5.0K | $3.7 million |
| Space Exploration Technologies Corp. SPCX | Puts | 20.0K | $3.0 million |
| NVIDIA Corp. NVDA | Puts | 13.0K | $3.0 million |
| Tesla, Inc. TSLA | Puts | 5.0K | $1.8 million |
| Apollo Global Management, Inc. APO | Puts | 10.0K | $1.2 million |
| Blackstone Inc. BX | Puts | 10.0K | $1.1 million |
| Qifu Technology Inc. QFIN | Calls | 94.0K | $629,800 |
11 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.