Dongfang Harbor boosts AI chip bets, builds Intel stake, dumps Apple and Tesla in Q2

BlockBeats, August 12 – A 13F filing released by the US SEC shows that Dongfang Harbor's offshore fund, managed by But Danbin, held 13 US stocks as of June 30, 2026, with a total market value of approximately $1.65 billion. That marks a 45.6% increase from roughly $1.133 billion at the end of the first quarter. Alphabet Class C shares remained the fund's largest position, at 22.5% of the portfolio, worth about $371 million. Intel and Nvidia followed, at roughly $258 million (15.7%) and $217 million (13.2%), respectively. In the second quarter, the fund opened new positions in Intel, SanDisk, AMD, Marvell Technology, Arm, Broadcom and Lumentum. The freshly built Intel stake jumped straight to the second-largest holding, while SanDisk was worth approximately $176 million. At the same time, the fund raised its Micron Technology position from 73,000 shares to 147,600 shares, valued at $170 million – an increase of roughly 102% quarter over quarter. During the same period, Dongfang Harbor trimmed Alphabet Class C, Nvidia, TSMC, Amazon and Meta. Amazon's share count fell by about 67%, and Meta was nearly fully sold down. The Nvidia position was reduced from 1,285,700 shares to 1,083,800 shares. The fund also exited Apple, Tesla, Circle, Alphabet Class A, and the leveraged ETFs GGLL (2x Long Alphabet) and TQQQ (3x Long Nasdaq 100). The quarterly repositioning points to a clear shift toward semiconductors, memory and optical communications. A 13F filing only reflects long-only US equity positions at quarter-end, not real-time holdings.