Cointime

Download App
iOS & Android

Dan Bin's Major Overhaul of US Stock Holdings: Increased Investment in AI Chips, Intel Becomes Second Largest Position, Exits Apple, Tesla, and Circle

On August 12, the U.S. SEC disclosed a 13F filing showing that as of June 30, 2026, Dan Bin's Dongfang Harbor Overseas Fund held 13 U.S. stocks with a total market value of approximately $1.65 billion, a 45.6% increase from about $1.13 billion at the end of the previous quarter. Google Class C shares remain the largest holding (22.5%), valued at approximately $371 million; Intel and NVIDIA rank second (15.7%) and third (13.2%) with values of about $258 million and $217 million, respectively. In terms of adjustments, Dongfang Harbor established new positions in Intel, SanDisk, AMD, Marvell Technology, Arm, Broadcom, and Lumentum in the second quarter. Notably, Intel's new position immediately became the second largest holding, with SanDisk valued at approximately $176 million. Additionally, the fund increased its stake in Micron Technology from 73,000 shares to 147,600 shares (valued at $170 million), representing an increase of about 102% quarter-over-quarter. During the same period, the fund reduced its holdings in Google Class C shares, NVIDIA, TSMC, Amazon, and Meta, with Amazon's share count decreasing by about 67% quarter-over-quarter and nearly all of Meta's shares being sold off; NVIDIA's shares were reduced from 1.2857 million to 1.0838 million. The fund also completely exited positions in Apple, Tesla, Circle, Google Class A shares, as well as the 2x long Google ETF (GGLL) and the 3x long Nasdaq 100 ETF (TQQQ). The quarterly adjustments indicate that Dongfang Harbor has significantly increased its holdings in semiconductors, storage, and optical communication. The 13F filing only reflects long positions in U.S. stocks at the end of the quarter and does not represent current real-time holdings.

Comments

All Comments

Recommended for you

  • BTC Briefly Surpasses $73,000

    Market data shows that BTC briefly surpassed $73,000, currently priced at $72,698, with a 24-hour increase of 5.07%. The market is highly volatile, so please ensure proper risk management.
  • BTC Briefly Surpasses $73,000

    Market data shows that BTC briefly surpassed $73,000, currently priced at $72,698, with a 24-hour increase of 5.07%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Citibank Plans to Offer Bitcoin Custody Services for Institutional Clients This Year

    On August 21, Citibank announced plans to provide Bitcoin custody services for institutional clients later this year through its Custody+ platform. This service will integrate Bitcoin with traditional assets such as stocks and bonds within the same custody framework, allowing clients to access custody, settlement, foreign exchange, cash, and liquidity services through a single system. Bitcoin will be the first digital asset supported by Citibank's new custody service, although the bank has not yet disclosed a specific launch date or the list of initial clients. Citibank stated that Custody+ will offer real-time settlement, foreign exchange services, automated hedging, cash management, and liquidity tools. The Single Event Processing in its custody system currently processes over 80% of events in real time; in the U.S., this system has reduced processing times for certain voluntary corporate actions by up to 92%, with 96% of related events completed within two hours. Chris Cox, head of Citi Investor Services, noted that Citi invests over $2 billion annually in its Services platform.
  • Citibank Plans to Offer Bitcoin Custody Services for Institutional Clients This Year

    On August 21, Citibank announced plans to provide Bitcoin custody services for institutional clients later this year through its Custody+ platform. This service will integrate Bitcoin with traditional assets such as stocks and bonds within the same custody framework, allowing clients to access custody, settlement, foreign exchange, cash, and liquidity services through a single system. Bitcoin will be the first digital asset supported by Citibank's new custody service, although the bank has not yet disclosed a specific launch date or the list of initial clients. Citibank stated that Custody+ will offer real-time settlement, foreign exchange services, automated hedging, cash management, and liquidity tools. The Single Event Processing in its custody system currently processes over 80% of events in real-time; in the U.S., this system has reduced processing times for certain voluntary corporate actions by up to 92%, with 96% of related events completed within two hours. Chris Cox, head of Citi Investor Services, noted that Citi invests over $2 billion annually in its Services platform.
  • BTC Surpasses $72,500

    Market data shows that BTC has surpassed $72,500, currently priced at $72,510.18, with a 24-hour increase of 6.09%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $72,500

    Market data shows that BTC has surpassed $72,500, currently priced at $72,510.18, with a 24-hour increase of 6.09%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in New Funding Round for Polymarket

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it contributes to the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.
  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in Polymarket's New Funding Round

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it aids the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.
  • U.S. Stock Indices Open Lower, Cryptocurrency Stocks Rise

    On August 20, the three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 0.71%, the S&P 500 down 0.32%, and the Nasdaq Composite down 0.45%. Cryptocurrency-related stocks rose, with Strategy up over 8%, Coinbase up over 7%, and Circle up over 5%. SK Hynix rose over 3%, with JPMorgan predicting that SK Hynix could return at least $130 billion to shareholders by 2027. Silicon carbide leader Wolfspeed fell over 10% after the company reported fourth-quarter revenue that fell short of expectations. Moderna dropped over 13%, after the stock surged over 176% the previous day.