Filed: 2/11/2025ACC: 0001941040-25-000114
📋 What this filing means
YIHENG CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $2.60B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
21
Positions
$2.60B
Total AUM (reported)
106.19M
Total Shares
Allocation by class
SPON ADS CL A$1.39B53.4%
SPONS ADS REP Z$764.69M29.4%
COM$166.31M6.4%
SPON ADS$78.69M3.0%
SPONSORED ADS$76.57M2.9%
SPON ADR$33.27M1.3%
CL A$33.17M1.3%
Portfolio Concentration
Top 3$2.26B87.0%
4–10$256.16M9.9%
11–25$81.80M3.1%
Top 3 weight
87.0%
Top 10 weight
96.9%
Voting Authority Distribution
Total shares with voting rights: 30.40M
Sole
Full voting authority
30.40M
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)
Sole21
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings21
Rows:
JD.COM INC
SOLEShares39.99M
TypeSH
Market value$1.39B
53.38%
Sole
1.51M
Shared
0.00
None
0.00
BILIBILI INC
SOLEShares42.22M
TypeSH
Market value$764.69M
29.44%
Sole
4.91M
Shared
0.00
None
0.00
ASTERA LABS INC
SOLEShares818.10K
TypeSH
Market value$108.36M
4.17%
Sole
818.10K
Shared
0.00
None
0.00
NOAH HLDGS LTD
SOLEShares6.72M
TypeSH
Market value$78.69M
3.03%
Sole
6.72M
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares1.31M
TypeSH
Market value$43.15M
1.66%
Sole
1.31M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares518.31K
TypeSH
Market value$33.27M
1.28%
Sole
518.31K
Shared
0.00
None
0.00
ROBLOX CORP
SOLEShares573.26K
TypeSH
Market value$33.17M
1.28%
Sole
573.26K
Shared
0.00
None
0.00
SUPER MICRO COMPUTER INC
SOLEShares900K
TypeSH
Market value$27.43M
1.06%
Sole
900K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares2.19M
TypeSH
Market value$21.92M
0.84%
Sole
2.19M
Shared
0.00
None
0.00
AKERO THERAPEUTICS INC
SOLEShares666.14K
TypeSH
Market value$18.53M
0.71%
Sole
666.14K
Shared
0.00
None
0.00
MOBILEYE GLOBAL INC
SOLEShares750K
TypeSH
Market value$14.94M
0.58%
Sole
750K
Shared
0.00
None
0.00
VIRIDIAN THERAPEUTICS INC
SOLEShares750.26K
TypeSH
Market value$14.38M
0.55%
Sole
750.26K
Shared
0.00
None
0.00
DENALI THERAPEUTICS INC
SOLEShares700.10K
TypeSH
Market value$14.27M
0.55%
Sole
700.10K
Shared
0.00
None
0.00
BEAM THERAPEUTICS INC
SOLEShares426.10K
TypeSH
Market value$10.57M
0.41%
Sole
426.10K
Shared
0.00
None
0.00
ACM RESH INC
SOLEShares680.60K
TypeSH
Market value$10.28M
0.40%
Sole
680.60K
Shared
0.00
None
0.00
ATRENEW INC
SOLEShares3.16M
TypeSH
Market value$9.11M
0.35%
Sole
3.16M
Shared
0.00
None
0.00
INVENTIVA SA
SOLEShares2.64M
TypeSH
Market value$5.66M
0.22%
Sole
2.64M
Shared
0.00
None
0.00
DBV TECHNOLOGIES S A
SOLEShares656.31K
TypeSH
Market value$2.03M
0.08%
Sole
656.31K
Shared
0.00
None
0.00
TUNIU CORP
SOLEShares314.44K
TypeSH
Market value$320.7K
0.01%
Sole
314.44K
Shared
0.00
None
0.00
GENERATION BIO CO
SOLEShares191.53K
TypeSH
Market value$203.0K
<0.01%
Sole
191.53K
Shared
0.00
None
0.00
YATSEN HLDG LTD
SOLEShares10.51K
TypeSH
Market value$41.8K
<0.01%
Sole
10.51K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JD.COM INCSOLE | SPON ADS CL A | 39.99M | SH | $1.39B 53.38% | 1.51M | 0.00 | 0.00 |
BILIBILI INCSOLE | SPONS ADS REP Z | 42.22M | SH | $764.69M 29.44% | 4.91M | 0.00 | 0.00 |
ASTERA LABS INCSOLE | COM | 818.10K | SH | $108.36M 4.17% | 818.10K | 0.00 | 0.00 |
NOAH HLDGS LTDSOLE | SPON ADS | 6.72M | SH | $78.69M 3.03% | 6.72M | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 1.31M | SH | $43.15M 1.66% | 1.31M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 518.31K | SH | $33.27M 1.28% | 518.31K | 0.00 | 0.00 |
ROBLOX CORPSOLE | CL A | 573.26K | SH | $33.17M 1.28% | 573.26K | 0.00 | 0.00 |
SUPER MICRO COMPUTER INCSOLE | COM NEW | 900K | SH | $27.43M 1.06% | 900K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 2.19M | SH | $21.92M 0.84% | 2.19M | 0.00 | 0.00 |
AKERO THERAPEUTICS INCSOLE | COM | 666.14K | SH | $18.53M 0.71% | 666.14K | 0.00 | 0.00 |
MOBILEYE GLOBAL INCSOLE | COMMON CLASS A | 750K | SH | $14.94M 0.58% | 750K | 0.00 | 0.00 |
VIRIDIAN THERAPEUTICS INCSOLE | COM | 750.26K | SH | $14.38M 0.55% | 750.26K | 0.00 | 0.00 |
DENALI THERAPEUTICS INCSOLE | COM | 700.10K | SH | $14.27M 0.55% | 700.10K | 0.00 | 0.00 |
BEAM THERAPEUTICS INCSOLE | COM | 426.10K | SH | $10.57M 0.41% | 426.10K | 0.00 | 0.00 |
ACM RESH INCSOLE | COM CL A | 680.60K | SH | $10.28M 0.40% | 680.60K | 0.00 | 0.00 |
ATRENEW INCSOLE | SPONSORED ADS | 3.16M | SH | $9.11M 0.35% | 3.16M | 0.00 | 0.00 |
INVENTIVA SASOLE | ADS | 2.64M | SH | $5.66M 0.22% | 2.64M | 0.00 | 0.00 |
DBV TECHNOLOGIES S ASOLE | SPONSORED ADS | 656.31K | SH | $2.03M 0.08% | 656.31K | 0.00 | 0.00 |
TUNIU CORPSOLE | SPONSORED ADS | 314.44K | SH | $320.7K 0.01% | 314.44K | 0.00 | 0.00 |
GENERATION BIO COSOLE | COM | 191.53K | SH | $203.0K <0.01% | 191.53K | 0.00 | 0.00 |
YATSEN HLDG LTDSOLE | SPONSORED ADS | 10.51K | SH | $41.8K <0.01% | 10.51K | 0.00 | 0.00 |