Filed: 8/14/2023ACC: 0001447228-23-000009
📋 What this filing means
YIHENG CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $1.85B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$1.85B
Total AUM (reported)
97.20M
Total Shares
Allocation by class
SPON ADR CL A$618.84M33.5%
SPONS ADS REP Z$362.41M19.6%
COM$265.35M14.3%
SPON ADR$135.95M7.3%
SHS$132.53M7.2%
SPONSORED ADS$126.53M6.8%
SPON ADS CL A$94.61M5.1%
Portfolio Concentration
Top 3$1.12B60.4%
4–10$490.17M26.5%
11–25$242.09M13.1%
Rest$505.6K0.0%
Top 3 weight
60.4%
Top 10 weight
86.9%
Voting Authority Distribution
Total shares with voting rights: 69.11M
Sole
Full voting authority
69.11M
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)
Sole27
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings27
Rows:
JD.COM INC
SOLEShares18.13M
TypeSH
Market value$618.84M
33.45%
Sole
3.68M
Shared
0.00
None
0.00
BILIBILI INC
SOLEShares24M
TypeSH
Market value$362.41M
19.59%
Sole
11.27M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares3.44M
TypeSH
Market value$135.95M
7.35%
Sole
3.44M
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares2.78M
TypeSH
Market value$107.95M
5.84%
Sole
2.78M
Shared
0.00
None
0.00
NOAH HLDGS LTD
SOLEShares6.72M
TypeSH
Market value$94.61M
5.11%
Sole
6.72M
Shared
0.00
None
0.00
HOLLYSYS AUTOMATION TCHNGY L
SOLEShares3.96M
TypeSH
Market value$69.72M
3.77%
Sole
3.96M
Shared
0.00
None
0.00
SMART GLOBAL HLDGS INC
SOLEShares2.16M
TypeSH
Market value$62.80M
3.39%
Sole
2.09M
Shared
0.00
None
0.00
TRANSDIGM GROUP INC
SOLEShares65.25K
TypeSH
Market value$58.34M
3.15%
Sole
65.25K
Shared
0.00
None
0.00
AKERO THERAPEUTICS INC
SOLEShares1.20M
TypeSH
Market value$56.10M
3.03%
Sole
1.20M
Shared
0.00
None
0.00
ROBLOX CORP
SOLEShares1.01M
TypeSH
Market value$40.63M
2.20%
Sole
1.01M
Shared
0.00
None
0.00
SABRE CORP
SOLEShares11.83M
TypeSH
Market value$37.73M
2.04%
Sole
11.83M
Shared
0.00
None
0.00
INDIE SEMICONDUCTOR INC
SOLEShares3.73M
TypeSH
Market value$35.07M
1.90%
Sole
3.73M
Shared
0.00
None
0.00
DENALI THERAPEUTICS INC
SOLEShares1.15M
TypeSH
Market value$33.96M
1.84%
Sole
1.15M
Shared
0.00
None
0.00
VIRIDIAN THERAPEUTICS INC
SOLEShares1.23M
TypeSH
Market value$29.23M
1.58%
Sole
1.23M
Shared
0.00
None
0.00
KEROS THERAPEUTICS INC
SOLEShares554.15K
TypeSH
Market value$22.27M
1.20%
Sole
554.15K
Shared
0.00
None
0.00
ACM RESH INC
SOLEShares1.34M
TypeSH
Market value$17.59M
0.95%
Sole
512.70K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares2.82M
TypeSH
Market value$16.80M
0.91%
Sole
2.82M
Shared
0.00
None
0.00
BEAM THERAPEUTICS INC
SOLEShares463.80K
TypeSH
Market value$14.81M
0.80%
Sole
463.80K
Shared
0.00
None
0.00
INVENTIVA SA
SOLEShares2.64M
TypeSH
Market value$10.69M
0.58%
Sole
2.64M
Shared
0.00
None
0.00
GENERATION BIO CO
SOLEShares1.60M
TypeSH
Market value$8.81M
0.48%
Sole
1.60M
Shared
0.00
None
0.00
NIU TECHNOLOGIES
SOLEShares1.16M
TypeSH
Market value$4.63M
0.25%
Sole
1.16M
Shared
0.00
None
0.00
COMMSCOPE HLDG CO INC
SOLEShares730.88K
TypeSH
Market value$4.11M
0.22%
Sole
730.88K
Shared
0.00
None
0.00
ZHIHU INC
SOLEShares3.62M
TypeSH
Market value$4.09M
0.22%
Sole
3.62M
Shared
0.00
None
0.00
SEQUANS COMMUNICATIONS S A
SOLEShares584.26K
TypeSH
Market value$1.30M
0.07%
Sole
584.26K
Shared
0.00
None
0.00
GRAVITAS EDUCATION HLDGS INC
SOLEShares68.05K
TypeSH
Market value$1.02M
0.06%
Sole
68.05K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JD.COM INCSOLE | SPON ADR CL A | 18.13M | SH | $618.84M 33.45% | 3.68M | 0.00 | 0.00 |
BILIBILI INCSOLE | SPONS ADS REP Z | 24M | SH | $362.41M 19.59% | 11.27M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 3.44M | SH | $135.95M 7.35% | 3.44M | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 2.78M | SH | $107.95M 5.84% | 2.78M | 0.00 | 0.00 |
NOAH HLDGS LTDSOLE | SPON ADS CL A | 6.72M | SH | $94.61M 5.11% | 6.72M | 0.00 | 0.00 |
HOLLYSYS AUTOMATION TCHNGY LSOLE | SHS | 3.96M | SH | $69.72M 3.77% | 3.96M | 0.00 | 0.00 |
SMART GLOBAL HLDGS INCSOLE | SHS | 2.16M | SH | $62.80M 3.39% | 2.09M | 0.00 | 0.00 |
TRANSDIGM GROUP INCSOLE | COM | 65.25K | SH | $58.34M 3.15% | 65.25K | 0.00 | 0.00 |
AKERO THERAPEUTICS INCSOLE | COM | 1.20M | SH | $56.10M 3.03% | 1.20M | 0.00 | 0.00 |
ROBLOX CORPSOLE | CL A | 1.01M | SH | $40.63M 2.20% | 1.01M | 0.00 | 0.00 |
SABRE CORPSOLE | COM | 11.83M | SH | $37.73M 2.04% | 11.83M | 0.00 | 0.00 |
INDIE SEMICONDUCTOR INCSOLE | CLASS A COM | 3.73M | SH | $35.07M 1.90% | 3.73M | 0.00 | 0.00 |
DENALI THERAPEUTICS INCSOLE | COM | 1.15M | SH | $33.96M 1.84% | 1.15M | 0.00 | 0.00 |
VIRIDIAN THERAPEUTICS INCSOLE | COM | 1.23M | SH | $29.23M 1.58% | 1.23M | 0.00 | 0.00 |
KEROS THERAPEUTICS INCSOLE | COM | 554.15K | SH | $22.27M 1.20% | 554.15K | 0.00 | 0.00 |
ACM RESH INCSOLE | COM CL A | 1.34M | SH | $17.59M 0.95% | 512.70K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 2.82M | SH | $16.80M 0.91% | 2.82M | 0.00 | 0.00 |
BEAM THERAPEUTICS INCSOLE | COM | 463.80K | SH | $14.81M 0.80% | 463.80K | 0.00 | 0.00 |
INVENTIVA SASOLE | ADS | 2.64M | SH | $10.69M 0.58% | 2.64M | 0.00 | 0.00 |
GENERATION BIO COSOLE | COM | 1.60M | SH | $8.81M 0.48% | 1.60M | 0.00 | 0.00 |
NIU TECHNOLOGIESSOLE | ADS | 1.16M | SH | $4.63M 0.25% | 1.16M | 0.00 | 0.00 |
COMMSCOPE HLDG CO INCSOLE | COM | 730.88K | SH | $4.11M 0.22% | 730.88K | 0.00 | 0.00 |
ZHIHU INCSOLE | ADS | 3.62M | SH | $4.09M 0.22% | 3.62M | 0.00 | 0.00 |
SEQUANS COMMUNICATIONS S ASOLE | SPONSORED ADS | 584.26K | SH | $1.30M 0.07% | 584.26K | 0.00 | 0.00 |
GRAVITAS EDUCATION HLDGS INCSOLE | SPON ADS | 68.05K | SH | $1.02M 0.06% | 68.05K | 0.00 | 0.00 |
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