Huo Xing Cai Jing reports that on August 2, U.S. ETF manager Roundhill made significant portfolio adjustments to its DRAM-themed fund this week. In addition to previously reported inclusion of CXMT (ChangXin Memory Technologies) at a weight of 2.52%, the fund also reduced its position in Samsung Electronics. From Monday to Wednesday, Roundhill’s DRAM-themed fund sold approximately 1 million shares of Samsung Electronics each day, totaling 3 million shares over three days, equivalent to about $432 million. The fund’s top three holdings are currently Samsung Electronics, Micron Technology, and SK Hynix, with weights of 26.39%, 24.54%, and 22.77%, respectively. Other major holdings include Seagate Technology, Western Digital, SanDisk, Kioxia, Nanya Technology, and GigaDevice.
Roundhill DRAM Fund sells $432 million in Samsung Electronics and adds CXMT
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Summary
Roundhill’s DRAM Fund sold $432 million worth of Samsung Electronics over three days, reducing its position by 3 million shares. It added CXMT with a 2.52% weighting. Samsung remains the top holding at 26.39%, followed by Micron (24.54%) and SK Hynix (22.77%). Other holdings include Seagate, Western Digital, and Nanya. Investors employing value investing strategies in crypto may monitor support and resistance levels as the fund rebalances.
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