Yiheng Capital Management, L.P. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Yiheng Capital Management, L.P. disclosed 21 US equity positions worth $284.5m in its Q1 2025 13F filing. The largest position was NOAH at 22.3% of the reported book, followed by BILI and EDU. Against the Q4 2024 filing, it opened 3 new positions, added to 2 and reduced 10 among the top 21 holdings.
What did Yiheng Capital Management, L.P. own in Q1 2025? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NOAH NOAH HLDGS LTD | 22.3% | $63.5m | 6,719,722 | 0% | held | |
| 2 | BILI BILIBILI INC | Communication Services | 21.1% | $60.1m | 3,143,667 | -36% | reduced |
| 3 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 10.1% | $28.6m | 598,080 | 15% | added |
| 4 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 8.4% | $23.9m | 645,658 | -51% | reduced |
| 5 | JD JD.COM INC | Consumer Cyclical | 8.2% | $23.2m | 564,113 | -63% | reduced |
| 6 | RBLX ROBLOX CORP | Communication Services | 5.8% | $16.5m | 282,338 | -51% | reduced |
| 7 | AKERO THERAPEUTICS INC | 5.1% | $14.6m | 359,791 | -46% | reduced | |
| 8 | RERE ATRENEW INC | 3.3% | $9.3m | 3,163,117 | 0% | held | |
| 9 | VRDN VIRIDIAN THERAPEUTICS INC | Healthcare | 2.4% | $6.7m | 500,261 | -33% | reduced |
| 10 | ACMR ACM RESH INC | Technology | 2.3% | $6.5m | 280,201 | -59% | reduced |
| 11 | DNLI DENALI THERAPEUTICS INC | Healthcare | 2.2% | $6.4m | 469,981 | -33% | reduced |
| 12 | IVA INVENTIVA SA | 2.0% | $5.7m | 2,644,926 | 0% | held | |
| 13 | SVCO SILVACO GROUP INC | 1.6% | $4.6m | 1,012,332 | – | new | |
| 14 | DBVT DBV TECHNOLOGIES S A | 1.6% | $4.5m | 656,309 | 0% | held | |
| 15 | TAL TAL EDUCATION GROUP | Consumer Defensive | 1.4% | $4.1m | 309,240 | -86% | reduced |
| 16 | KYMR KYMERA THERAPEUTICS INC | Healthcare | 1.2% | $3.4m | 122,605 | – | new |
| 17 | BEAM BEAM THERAPEUTICS INC | Healthcare | 0.5% | $1.3m | 69,058 | -84% | reduced |
| 18 | API AGORA INC | Technology | 0.3% | $774.2k | 192,580 | – | new |
| 19 | YSG YATSEN HLDG LTD | 0.2% | $463.3k | 96,328 | 817% | added | |
| 20 | TOUR TUNIU CORP | Consumer Cyclical | 0.1% | $345.9k | 314,437 | 0% | held |
| 21 | GBIOGBX GENERATION BIO CO | 0.0% | $77.6k | 191,530 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.