Filed: 5/15/2026ACC: 0001420506-26-001131
📋 What this filing means
YIHENG CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $230.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$230.70M
Total AUM (reported)
18.12M
Total Shares
Allocation by class
SPON ADS$66.50M28.8%
SPONSORED ADS$56.41M24.5%
COM$27.00M11.7%
SPON ADR$21.32M9.2%
SPON ADS CL A$17.37M7.5%
SPONS ADS REP Z$16.69M7.2%
CL A$11.45M5.0%
Portfolio Concentration
Top 3$105.20M45.6%
4–10$84.16M36.5%
11–25$41.34M17.9%
Top 3 weight
45.6%
Top 10 weight
82.1%
Voting Authority Distribution
Total shares with voting rights: 18.12M
Sole
Full voting authority
18.12M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole24
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings24
Rows:
NOAH HLDGS LTD
SOLEShares6.72M
TypeSH
Market value$66.50M
28.83%
Sole
6.72M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares376.55K
TypeSH
Market value$21.32M
9.24%
Sole
376.55K
Shared
0.00
None
0.00
JD.COM INC
SOLEShares587.51K
TypeSH
Market value$17.37M
7.53%
Sole
587.51K
Shared
0.00
None
0.00
BILIBILI INC
SOLEShares739.91K
TypeSH
Market value$16.69M
7.24%
Sole
739.91K
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares323.37K
TypeSH
Market value$16.26M
7.05%
Sole
323.37K
Shared
0.00
None
0.00
ATRENEW INC
SOLEShares3.16M
TypeSH
Market value$14.84M
6.43%
Sole
3.16M
Shared
0.00
None
0.00
HINGE HEALTH INC
SOLEShares296.85K
TypeSH
Market value$11.45M
4.96%
Sole
296.85K
Shared
0.00
None
0.00
TAL ED GROUP
SOLEShares759.24K
TypeSH
Market value$8.63M
3.74%
Sole
759.24K
Shared
0.00
None
0.00
BILL HOLDINGS INC
SOLEShares222.82K
TypeSH
Market value$8.53M
3.70%
Sole
222.82K
Shared
0.00
None
0.00
SILVACO GROUP INC
SOLEShares1.10M
TypeSH
Market value$7.76M
3.36%
Sole
1.10M
Shared
0.00
None
0.00
PONY AI INC
SOLEShares653.22K
TypeSH
Market value$6.17M
2.67%
Sole
653.22K
Shared
0.00
None
0.00
KYMERA THERAPEUTICS INC
SOLEShares73.44K
TypeSH
Market value$6.12M
2.65%
Sole
73.44K
Shared
0.00
None
0.00
JOYY INC
SOLEShares85.58K
TypeSH
Market value$5.00M
2.17%
Sole
85.58K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares88.11K
TypeSH
Market value$4.39M
1.90%
Sole
88.11K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares513.25K
TypeSH
Market value$4.26M
1.85%
Sole
513.25K
Shared
0.00
None
0.00
VIRIDIAN THERAPEUTICS INC
SOLEShares208.74K
TypeSH
Market value$4.08M
1.77%
Sole
208.74K
Shared
0.00
None
0.00
DBV TECHNOLOGIES S A
SOLEShares170.14K
TypeSH
Market value$3.55M
1.54%
Sole
170.14K
Shared
0.00
None
0.00
AGORA INC
SOLEShares725.79K
TypeSH
Market value$2.57M
1.11%
Sole
725.79K
Shared
0.00
None
0.00
YATSEN HLDG LTD
SOLEShares797.87K
TypeSH
Market value$2.46M
1.07%
Sole
797.87K
Shared
0.00
None
0.00
ZEPP HEALTH CORPORATION
SOLEShares57.73K
TypeSH
Market value$689.9K
0.30%
Sole
57.73K
Shared
0.00
None
0.00
PASSAGE BIO INC
SOLEShares86.10K
TypeSH
Market value$675.9K
0.29%
Sole
86.10K
Shared
0.00
None
0.00
CELLEBRITE DI LTD
SOLEShares46K
TypeSH
Market value$633.9K
0.27%
Sole
46K
Shared
0.00
None
0.00
BEAM THERAPEUTICS INC
SOLEShares21.13K
TypeSH
Market value$503.4K
0.22%
Sole
21.13K
Shared
0.00
None
0.00
TUNIU CORP
SOLEShares314.44K
TypeSH
Market value$242.1K
0.10%
Sole
314.44K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NOAH HLDGS LTDSOLE | SPON ADS | 6.72M | SH | $66.50M 28.83% | 6.72M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 376.55K | SH | $21.32M 9.24% | 376.55K | 0.00 | 0.00 |
JD.COM INCSOLE | SPON ADS CL A | 587.51K | SH | $17.37M 7.53% | 587.51K | 0.00 | 0.00 |
BILIBILI INCSOLE | SPONS ADS REP Z | 739.91K | SH | $16.69M 7.24% | 739.91K | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 323.37K | SH | $16.26M 7.05% | 323.37K | 0.00 | 0.00 |
ATRENEW INCSOLE | SPONSORED ADS | 3.16M | SH | $14.84M 6.43% | 3.16M | 0.00 | 0.00 |
HINGE HEALTH INCSOLE | CL A | 296.85K | SH | $11.45M 4.96% | 296.85K | 0.00 | 0.00 |
TAL ED GROUPSOLE | SPONSORED ADS | 759.24K | SH | $8.63M 3.74% | 759.24K | 0.00 | 0.00 |
BILL HOLDINGS INCSOLE | COM | 222.82K | SH | $8.53M 3.70% | 222.82K | 0.00 | 0.00 |
SILVACO GROUP INCSOLE | COM | 1.10M | SH | $7.76M 3.36% | 1.10M | 0.00 | 0.00 |
PONY AI INCSOLE | SPONSORED ADS | 653.22K | SH | $6.17M 2.67% | 653.22K | 0.00 | 0.00 |
KYMERA THERAPEUTICS INCSOLE | COM | 73.44K | SH | $6.12M 2.65% | 73.44K | 0.00 | 0.00 |
JOYY INCSOLE | ADS REPSTG COM A | 85.58K | SH | $5.00M 2.17% | 85.58K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 88.11K | SH | $4.39M 1.90% | 88.11K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 513.25K | SH | $4.26M 1.85% | 513.25K | 0.00 | 0.00 |
VIRIDIAN THERAPEUTICS INCSOLE | COM | 208.74K | SH | $4.08M 1.77% | 208.74K | 0.00 | 0.00 |
DBV TECHNOLOGIES S ASOLE | SPONSORED ADS | 170.14K | SH | $3.55M 1.54% | 170.14K | 0.00 | 0.00 |
AGORA INCSOLE | ADS | 725.79K | SH | $2.57M 1.11% | 725.79K | 0.00 | 0.00 |
YATSEN HLDG LTDSOLE | SPONSORED ADS | 797.87K | SH | $2.46M 1.07% | 797.87K | 0.00 | 0.00 |
ZEPP HEALTH CORPORATIONSOLE | SPONSORED ADR | 57.73K | SH | $689.9K 0.30% | 57.73K | 0.00 | 0.00 |
PASSAGE BIO INCSOLE | COM NEW | 86.10K | SH | $675.9K 0.29% | 86.10K | 0.00 | 0.00 |
CELLEBRITE DI LTDSOLE | ORDINARY SHARES | 46K | SH | $633.9K 0.27% | 46K | 0.00 | 0.00 |
BEAM THERAPEUTICS INCSOLE | COM | 21.13K | SH | $503.4K 0.22% | 21.13K | 0.00 | 0.00 |
TUNIU CORPSOLE | SPONSORED ADS | 314.44K | SH | $242.1K 0.10% | 314.44K | 0.00 | 0.00 |