Yiheng Capital Management, L.P. Long-Term Concentrated

Location: San Francisco, CA

CIK: 0001447228 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 15, 2026

Total Value: $231M (100.0% shares, 0.0% debt)

Holdings (24)

NOAH NOAH HLDGS LTD 28.8%

Value $66.5M Shares 6,717,351 Share Price $9.90 Est. Cost/Share $31.83 Unrealized @ Report Date —

EDU NEW ORIENTAL ED & TECHNOLOGY 9.2%

Value $21.32M Shares 376,551 Share Price $56.63 Est. Cost/Share $27.13 Unrealized @ Report Date —

JD JD.COM INC 7.5%

Value $17.37M Shares 587,513 Share Price $29.57 Est. Cost/Share $32.65 Unrealized @ Report Date —

BILI BILIBILI INC 7.2%

Value $16.69M Shares 739,915 Share Price $22.56 Est. Cost/Share $21.59 Unrealized @ Report Date —

HTHT H WORLD GROUP LTD 7.0%

Value $16.26M Shares 323,371 Share Price $50.29 Est. Cost/Share $36.39 Unrealized @ Report Date —

RERE ATRENEW INC 6.4%

Value $14.84M Shares 3,163,117 Share Price $4.69 Est. Cost/Share $3.08 Unrealized @ Report Date —

HNGE HINGE HEALTH INC 5.0%

Value $11.45M Shares 296,853 Share Price $38.56 * Est. Cost/Share $40.59 Unrealized @ Report Date 0.0%

TAL TAL ED GROUP 3.7%

Value $8.633M Shares 759,240 Share Price $11.37 Est. Cost/Share $10.17 Unrealized @ Report Date —

BILL BILL HOLDINGS INC 3.7%

Value $8.534M Shares 222,820 Share Price $38.30 * Est. Cost/Share $46.99 Unrealized @ Report Date 0.0%

SVCO SILVACO GROUP INC 3.4%

Value $7.762M Shares 1,096,282 Share Price $7.08 * Est. Cost/Share $6.68 Unrealized @ Report Date -37.9%

PONY PONY AI INC 2.7%

Value $6.166M Shares 653,215 Share Price $9.44 Est. Cost/Share $16.95 Unrealized @ Report Date —

KYMR KYMERA THERAPEUTICS INC 2.7%

Value $6.117M Shares 73,440 Share Price $83.29 * Est. Cost/Share $36.45 Unrealized @ Report Date +112.9%

JOYY JOYY INC 2.2%

Value $4.997M Shares 85,583 Share Price $58.39 Est. Cost/Share $58.39 Unrealized @ Report Date —

TCOM TRIP COM GROUP LTD 1.9%

Value $4.387M Shares 88,112 Share Price $49.79 Est. Cost/Share $49.79 Unrealized @ Report Date —

YMM FULL TRUCK ALLIANCE CO LTD 1.8%

Value $4.26M Shares 513,248 Share Price $8.30 Est. Cost/Share $10.25 Unrealized @ Report Date —

VRDN VIRIDIAN THERAPEUTICS INC 1.8%

Value $4.083M Shares 208,735 Share Price $19.56 * Est. Cost/Share $23.45 Unrealized @ Report Date +31.5%

DBVT DBV TECHNOLOGIES S A 1.5%

Value $3.554M Shares 170,142 Share Price $20.89 Est. Cost/Share $3.09 Unrealized @ Report Date —

API AGORA INC 1.1%

Value $2.569M Shares 725,795 Share Price $3.54 Est. Cost/Share $3.79 Unrealized @ Report Date —

YSG YATSEN HLDG LTD 1.1%

Value $2.457M Shares 797,866 Share Price $3.08 Est. Cost/Share $3.55 Unrealized @ Report Date —

ZEPP ZEPP HEALTH CORPORATION 0.3%

Value $690K Shares 57,731 Share Price $11.95 Est. Cost/Share $11.95 Unrealized @ Report Date —

PASG PASSAGE BIO INC 0.3%

Value $676K Shares 86,097 Share Price $7.85 * Est. Cost/Share $10.64 Unrealized @ Report Date +12.5%

CLBT CELLEBRITE DI LTD 0.3%

Value $634K Shares 46,000 Share Price $13.78 * Est. Cost/Share $15.55 Unrealized @ Report Date 0.0%

BEAM BEAM THERAPEUTICS INC 0.2%

Value $503K Shares 21,126 Share Price $23.83 * Est. Cost/Share $34.55 Unrealized @ Report Date -15.6%

TOUR TUNIU CORP 0.1%

Value $242K Shares 314,437 Share Price $0.77 Est. Cost/Share $0.84 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NOAH	NOAH HLDGS LTD	6,717,351	$66.5M	28.8%	$9.90	$31.83	—	SPON ADS	65487X102
EDU	NEW ORIENTAL ED & TECHNOLOGY	376,551	$21.32M	9.2%	$56.63	$27.13	—	SPON ADR	647581206
JD	JD.COM INC	587,513	$17.37M	7.5%	$29.57	$32.65	—	SPON ADS CL A	47215P106
BILI	BILIBILI INC	739,915	$16.69M	7.2%	$22.56	$21.59	—	SPONS ADS REP Z	090040106
HTHT	H WORLD GROUP LTD	323,371	$16.26M	7.0%	$50.29	$36.39	—	SPONSORED ADS	44332N106
RERE	ATRENEW INC	3,163,117	$14.84M	6.4%	$4.69	$3.08	—	SPONSORED ADS	00138L108
HNGE	HINGE HEALTH INC	296,853	$11.45M	5.0%	$38.56 *	$40.59	0.0%	CL A	433313103
TAL	TAL ED GROUP	759,240	$8.633M	3.7%	$11.37	$10.17	—	SPONSORED ADS	874080104
BILL	BILL HOLDINGS INC	222,820	$8.534M	3.7%	$38.30 *	$46.99	0.0%	COM	090043100
SVCO	SILVACO GROUP INC	1,096,282	$7.762M	3.4%	$7.08 *	$6.68	-37.9%	COM	82728C102
PONY	PONY AI INC	653,215	$6.166M	2.7%	$9.44	$16.95	—	SPONSORED ADS	732908108
KYMR	KYMERA THERAPEUTICS INC	73,440	$6.117M	2.7%	$83.29 *	$36.45	+112.9%	COM	501575104
JOYY	JOYY INC	85,583	$4.997M	2.2%	$58.39	$58.39	—	ADS REPSTG COM A	46591M109
TCOM	TRIP COM GROUP LTD	88,112	$4.387M	1.9%	$49.79	$49.79	—	ADS	89677Q107
YMM	FULL TRUCK ALLIANCE CO LTD	513,248	$4.26M	1.8%	$8.30	$10.25	—	SPONSORED ADS	35969L108
VRDN	VIRIDIAN THERAPEUTICS INC	208,735	$4.083M	1.8%	$19.56 *	$23.45	+31.5%	COM	92790C104
DBVT	DBV TECHNOLOGIES S A	170,142	$3.554M	1.5%	$20.89	$3.09	—	SPONSORED ADS	23306J309
API	AGORA INC	725,795	$2.569M	1.1%	$3.54	$3.79	—	ADS	00851L103
YSG	YATSEN HLDG LTD	797,866	$2.457M	1.1%	$3.08	$3.55	—	SPONSORED ADS	985194208
ZEPP	ZEPP HEALTH CORPORATION	57,731	$690K	0.3%	$11.95	$11.95	—	SPONSORED ADR	98945L204
PASG	PASSAGE BIO INC	86,097	$676K	0.3%	$7.85 *	$10.64	+12.5%	COM NEW	702712209
CLBT	CELLEBRITE DI LTD	46,000	$634K	0.3%	$13.78 *	$15.55	0.0%	ORDINARY SHARES	M2197Q107
BEAM	BEAM THERAPEUTICS INC	21,126	$503K	0.2%	$23.83 *	$34.55	-15.6%	COM	07373V105
TOUR	TUNIU CORP	314,437	$242K	0.1%	$0.77	$0.84	—	SPONSORED ADS	89977P106