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Yiheng Capital Management, L.P. Top Holdings and 13F Report (2025)

About Yiheng Capital Management, L.P.

Investment Activity

  • Yiheng Capital Management, L.P. has $1.11 billion in total holdings as of June 30, 2025.
  • Yiheng Capital Management, L.P. owns shares of 23 different stocks, but just 4 companies or ETFs make up 80% of its holdings.
  • Approximately 21.50% of the portfolio was purchased this quarter.
  • About 14.77% of the portfolio was sold this quarter.
  • This quarter, Yiheng Capital Management, L.P. has purchased 22 new stocks and bought additional shares in 4 stocks.
  • Yiheng Capital Management, L.P. sold shares of 3 stocks and completely divested from 2 stocks this quarter.

Largest Holdings

JD.com
$553,780,456
Bilibili
$235,153,433
Noah
$80,233,481
UL SOLUTIONS INC
$61,333,548

Largest New Holdings this Quarter

903731107 - UL SOLUTIONS INC
$61,333,548 Holding
72703H101 - Planet Fitness
$29,443,500 Holding
92552V100 - Viasat
$21,659,100 Holding

Largest Purchases this Quarter

JD.com
3,810,500 shares (about $124.37M)
UL SOLUTIONS INC
841,800 shares (about $61.33M)
Planet Fitness
270,000 shares (about $29.44M)
Viasat
1,483,500 shares (about $21.66M)
Agora
340,967 shares (about $1.30M)

Largest Sales this Quarter

Bilibili
2,289,503 shares (about $49.11M)
Akero Therapeutics
811,500 shares (about $43.30M)
H World Group
156,694 shares (about $5.32M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofYiheng Capital Management, L.P.

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
JD.com, Inc. stock logo
JD
JD.com
$553,780,456$124,374,720 29.0%16,966,31349.9%Retail/Wholesale
Bilibili Inc. Sponsored ADR stock logo
BILI
Bilibili
$235,153,433$49,109,839 -17.3%10,962,86421.2%Consumer Discretionary
Noah Holdings Ltd. stock logo
NOAH
Noah
$80,233,4810.0%6,719,7227.2%Finance
UL SOLUTIONS INC
$61,333,548$61,333,548 New Holding841,8005.5%CLASS A COM SHS
New Oriental Education & Technology Group, Inc. stock logo
EDU
New Oriental Education & Technology Group
$32,266,4160.0%598,0802.9%Consumer Discretionary
Planet Fitness, Inc. stock logo
PLNT
Planet Fitness
$29,443,500$29,443,500 New Holding270,0002.7%Consumer Discretionary
Viasat Inc. stock logo
VSAT
Viasat
$21,659,100$21,659,100 New Holding1,483,5002.0%Computer and Technology
H World Group Limited Sponsored ADR stock logo
HTHT
H World Group
$16,585,659$5,315,061 -24.3%488,9641.5%Consumer Discretionary
Akero Therapeutics, Inc. stock logo
AKRO
Akero Therapeutics
$15,996,848$43,301,641 -73.0%299,7911.4%Medical
ATRenew Inc. Sponsored ADR stock logo
RERE
ATRenew
$10,469,9170.0%3,163,1170.9%Business Services
Inventiva S.A. Sponsored ADR stock logo
IVA
Inventiva
$8,437,3140.0%2,644,9260.8%Medical
ACM Research, Inc. stock logo
ACMR
ACM Research
$7,257,2060.0%280,2010.7%Computer and Technology
Viridian Therapeutics, Inc. stock logo
VRDN
Viridian Therapeutics
$6,993,6490.0%500,2610.6%Medical
Denali Therapeutics Inc. stock logo
DNLI
Denali Therapeutics
$6,575,0340.0%469,9810.6%Medical
DBV TECHNOLOGIES S A
$6,011,7250.0%656,3090.5%SPONSORED ADS
Kymera Therapeutics, Inc. stock logo
KYMR
Kymera Therapeutics
$5,350,4820.0%122,6050.5%Medical
SILVACO GROUP INC
$5,174,451$396,244 8.3%1,096,2820.5%COM
TAL Education Group stock logo
TAL
TAL Education Group
$3,160,4330.0%309,2400.3%Consumer Discretionary
Agora, Inc. Sponsored ADR stock logo
API
Agora
$2,032,814$1,299,084 177.1%533,5470.2%Business Services
Beam Therapeutics Inc. stock logo
BEAM
Beam Therapeutics
$1,174,6770.0%69,0580.1%Medical
YATSEN HLDG LTD
$928,6020.0%96,3280.1%SPONSORED ADS
Generation Bio Co. stock logo
GBIO
Generation Bio
$337,792$276,483 451.0%1,055,2690.0%Medical
Tuniu Corporation stock logo
TOUR
Tuniu
$264,7560.0%314,4370.0%Computer and Technology
ASTERA LABS INC
$0$49,902,021 -100.0%00.0%COM
Roblox Corporation stock logo
RBLX
Roblox
$0$16,457,482 -100.0%00.0%Consumer Discretionary

Showing largest 100 holdings. View all holdings.
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