Yiheng Capital Management, L.P. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Yiheng Capital Management, L.P. disclosed 20 US equity positions worth $276.1m in its Q2 2025 13F filing. The largest position was NOAH at 29.1% of the reported book, followed by BILI and EDU. Against the Q1 2025 filing, it opened 0 new positions, added to 4 and reduced 3 among the top 20 holdings.
What did Yiheng Capital Management, L.P. own in Q2 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NOAH NOAH HLDGS LTD | 29.1% | $80.2m | 6,719,722 | 0% | held | |
| 2 | BILI BILIBILI INC | Communication Services | 14.9% | $41.2m | 1,918,564 | -39% | reduced |
| 3 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 11.7% | $32.3m | 598,080 | 0% | held |
| 4 | JD JD.COM INC | Consumer Cyclical | 9.3% | $25.7m | 787,413 | 40% | added |
| 5 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 6.0% | $16.6m | 488,964 | -24% | reduced |
| 6 | AKERO THERAPEUTICS INC | 5.8% | $16.0m | 299,791 | -17% | reduced | |
| 7 | RERE ATRENEW INC | 3.8% | $10.5m | 3,163,117 | 0% | held | |
| 8 | IVA INVENTIVA SA | 3.1% | $8.4m | 2,644,926 | 0% | held | |
| 9 | ACMR ACM RESH INC | Technology | 2.6% | $7.3m | 280,201 | 0% | held |
| 10 | VRDN VIRIDIAN THERAPEUTICS INC | Healthcare | 2.5% | $7.0m | 500,261 | 0% | held |
| 11 | DNLI DENALI THERAPEUTICS INC | Healthcare | 2.4% | $6.6m | 469,981 | 0% | held |
| 12 | DBVT DBV TECHNOLOGIES S A | 2.2% | $6.0m | 656,309 | 0% | held | |
| 13 | KYMR KYMERA THERAPEUTICS INC | Healthcare | 1.9% | $5.4m | 122,605 | 0% | held |
| 14 | SVCO SILVACO GROUP INC | 1.9% | $5.2m | 1,096,282 | 8% | added | |
| 15 | TAL TAL EDUCATION GROUP | Consumer Defensive | 1.1% | $3.2m | 309,240 | 0% | held |
| 16 | API AGORA INC | Technology | 0.7% | $2.0m | 533,547 | 177% | added |
| 17 | BEAM BEAM THERAPEUTICS INC | Healthcare | 0.4% | $1.2m | 69,058 | 0% | held |
| 18 | YSG YATSEN HLDG LTD | 0.3% | $928.6k | 96,328 | 0% | held | |
| 19 | GBIOGBX GENERATION BIO CO | 0.1% | $337.8k | 1,055,269 | 451% | added | |
| 20 | TOUR TUNIU CORP | Consumer Cyclical | 0.1% | $264.8k | 314,437 | 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.