The US stock portfolio of the Oriental Harbor Overseas Fund, helmed by But Bin, has witnessed a substantial reshuffle. In comparison to the first quarter, the composition of its holdings has experienced notable alterations. Notably, the fund has completely divested from six stocks, encompassing Apple, the 3x Long Nasdaq 100 ETF, and Tesla. Concurrently, it has initiated new positions in seven companies associated with AI hardware, including industry giants like Intel, SanDisk, and Advanced Micro Devices.

In the grand scheme of its holdings, Google-C continues to reign supreme as the largest single stock in Oriental Harbor's US stock portfolio, constituting roughly 23% of its total investment mix. However, a closer look reveals that the fund has pared down its stake in Google-C relative to the first quarter.