HedgeMountain

AM Squared Limited

Hong Kong, Hong Kong · CRD 296223
Hedge fund managerExempt reporting

AM Squared Limited is an exempt reporting adviser based in Hong Kong, Hong Kong that reports managing 1 hedge fund on Form ADV. Its private funds, of all types, hold $1.2 billion in gross assets. Over a longer period they returned an estimated +48.8% from Q3 2024 to Q3 2024, compared with +5.4% for the S&P 500, based on 13F filings.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$1.2 billionAll private fund types, Form ADV
Hedge funds managed
11 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 296223
Latest Form ADV
01/29/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2-year return+48.8%Q3 2024 – Q3 2024
S&P 500+5.4%Same quarters, price only
13F holdings$45.2 million69 positions, 2024-09-30
$100$124$149Q3 202413F est. $149S&P 500 $105
QuarterEst. 13F returnS&P 500
Q3 2024+48.8%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Li Auto Inc$22.7 million
  • H World Group LTD$9.2 million
  • Lennar Corp CL A$1.9 million
  • Vale S A$1.5 million
  • Ford MTR Co Com$803,215
  • Stellantis N.V$640,680
  • PPG Inds Inc$556,332
  • Molson Coors Brewing Co$431,400
  • Skyworks Solutions Inc Com$424,711
  • Dexcom Inc Com$422,352

As of 2024-09-30, from 13F filing by AM Squared Ltd.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures