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

Location: San Francisco, CA

CIK: 0001447228 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value: $2.19B (100.0% shares, 0.0% debt)

Holdings (37)

JD JD.COM INC 17.8%

Value $390M Shares 6,742,000 Share Price $57.87 Est. Cost/Share $42.82 Unrealized @ Report Date —

BILI BILIBILI INC 10.9%

Value $239M Shares 9,356,881 Share Price $25.58 Est. Cost/Share $24.18 Unrealized @ Report Date —

BILI BILIBILI INC 8.3%

Value $182M Shares 7,134,100 Share Price $25.58 Est. Cost/Share $24.18 Unrealized @ Report Date —

NOAH NOAH HLDGS LTD 7.1%

Value $156M Shares 6,646,922 Share Price $23.53 Est. Cost/Share $31.83 Unrealized @ Report Date —

JD JD.COM INC 5.4%

Value $118M Shares 2,043,732 Share Price $57.87 Est. Cost/Share $42.82 Unrealized @ Report Date —

HTHT HUAZHU GROUP LTD 4.6%

Value $101M Shares 3,070,910 Share Price $32.99 Est. Cost/Share $36.39 Unrealized @ Report Date —

ACMR ACM RESH INC 4.1%

Value $89.01M Shares 4,302,000 Share Price $20.69 * Est. Cost/Share $26.48 Unrealized @ Report Date -4.9%

— IVERIC BIO INC 3.9%

Value $85.14M Shares 5,058,585 Share Price $16.83 Est. Cost/Share $6.26 Unrealized @ Report Date —

HIMX HIMAX TECHNOLOGIES INC 3.8%

Value $84.05M Shares 7,739,072 Share Price $10.86 Est. Cost/Share $7.05 Unrealized @ Report Date —

SIMO SILICON MOTION TECHNOLOGY CO 3.8%

Value $83.86M Shares 1,255,056 Share Price $66.82 Est. Cost/Share $47.99 Unrealized @ Report Date —

— SMART GLOBAL HLDGS INC 3.2%

Value $70.31M Shares 2,722,092 Share Price $25.83 Est. Cost/Share $35.19 Unrealized @ Report Date —

TDG TRANSDIGM GROUP INC 3.1%

Value $68.36M Shares 104,927 Share Price $651.54 * Est. Cost/Share $318.42 Unrealized @ Report Date +67.7%

— HOLLYSYS AUTOMATION TCHNGY L 2.9%

Value $63.3M Shares 3,963,836 Share Price $15.97 Est. Cost/Share $13.40 Unrealized @ Report Date —

SABR SABRE CORP 2.6%

Value $57.12M Shares 4,997,542 Share Price $11.43 * Est. Cost/Share $7.19 Unrealized @ Report Date +36.3%

— GLOBAL BLOOD THERAPEUTICS IN 2.4%

Value $52.01M Shares 1,501,382 Share Price $34.64 Est. Cost/Share $36.86 Unrealized @ Report Date —

— NEW ORIENTAL ED & TECHNOLOGY 2.1%

Value $45.34M Shares 39,423,730 Share Price $1.15 Est. Cost/Share $2.05 Unrealized @ Report Date —

— ZHIHU INC 2.0%

Value $44.48M Shares 18,382,062 Share Price $2.42 Est. Cost/Share $3.04 Unrealized @ Report Date —

HTHT HUAZHU GROUP LTD 1.9%

Value $42.48M Shares 1,287,800 Share Price $32.99 Est. Cost/Share $36.39 Unrealized @ Report Date —

JOYY JOYY INC 1.8%

Value $40.29M Shares 1,096,960 Share Price $36.73 Est. Cost/Share $59.36 Unrealized @ Report Date —

DNLI DENALI THERAPEUTICS INC 1.5%

Value $32.64M Shares 1,014,684 Share Price $32.17 * Est. Cost/Share $38.69 Unrealized @ Report Date -11.1%

— PETIQ INC 1.2%

Value $26.06M Shares 1,067,887 Share Price $24.40 Est. Cost/Share $29.37 Unrealized @ Report Date —

— AKERO THERAPEUTICS INC 1.0%

Value $22.04M Shares 1,552,990 Share Price $14.19 Est. Cost/Share $25.43 Unrealized @ Report Date —

— GENERATION BIO CO 0.9%

Value $19.07M Shares 2,597,631 Share Price $7.34 Est. Cost/Share $19.22 Unrealized @ Report Date —

IVA INVENTIVA SA 0.9%

Value $18.9M Shares 1,657,574 Share Price $11.40 Est. Cost/Share $14.06 Unrealized @ Report Date —

RERE ATRENEW INC 0.7%

Value $14.85M Shares 4,194,064 Share Price $3.54 Est. Cost/Share $10.46 Unrealized @ Report Date —

NIU NIU TECHNOLOGIES 0.5%

Value $11.23M Shares 1,162,675 Share Price $9.66 Est. Cost/Share $6.96 Unrealized @ Report Date —

TAL TAL EDUCATION GROUP 0.5%

Value $11.22M Shares 3,728,000 Share Price $3.01 Est. Cost/Share $8.56 Unrealized @ Report Date —

ACMR ACM RESH INC 0.4%

Value $9.497M Shares 459,000 Share Price $20.69 * Est. Cost/Share $26.48 Unrealized @ Report Date -4.9%

VIPS VIPSHOP HOLDINGS LIMITED 0.2%

Value $3.301M Shares 366,825 Share Price $9.00 Est. Cost/Share $8.40 Unrealized @ Report Date —

— SEQUANS COMMUNICATIONS S A 0.1%

Value $1.776M Shares 584,260 Share Price $3.04 Est. Cost/Share $3.00 Unrealized @ Report Date —

VISN COMMSCOPE HLDG CO INC 0.1%

Value $1.576M Shares 200,004 Share Price $7.88 * Est. Cost/Share $9.15 Unrealized @ Report Date 0.0%

BEAM BEAM THERAPEUTICS INC 0.1%

Value $1.341M Shares 23,400 Share Price $57.31 * Est. Cost/Share $65.59 Unrealized @ Report Date 0.0%

— RYB ED INC 0.1%

Value $1.279M Shares 1,374,551 Share Price $0.93 Est. Cost/Share $6.22 Unrealized @ Report Date —

NOAH NOAH HLDGS LTD 0.0%

Value $1.033M Shares 43,900 Share Price $23.53 Est. Cost/Share $31.83 Unrealized @ Report Date —

— ONESMART INTL ED GROUP LTD 0.0%

Value $511K Shares 315,541 Share Price $1.62 Est. Cost/Share $1.62 Unrealized @ Report Date —

— LUCID GROUP INC 0.0%

Value $411K Shares 16,200 Share Price $25.37 Est. Cost/Share — Unrealized @ Report Date —

AIJTY JIANPU TECHNOLOGY INC 0.0%

Value $28,000 Shares 25,702 Share Price $1.09 Est. Cost/Share $1.47 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JD	JD.COM INC	6,742,000	$390M	17.8%	$57.87	$42.82	—	Call	47215P106
BILI	BILIBILI INC	9,356,881	$239M	10.9%	$25.58	$24.18	—	SPONS ADS REP Z	090040106
BILI	BILIBILI INC	7,134,100	$182M	8.3%	$25.58	$24.18	—	Call	090040106
NOAH	NOAH HLDGS LTD	6,646,922	$156M	7.1%	$23.53	$31.83	—	SPON ADS CL A	65487X102
JD	JD.COM INC	2,043,732	$118M	5.4%	$57.87	$42.82	—	SPON ADR CL A	47215P106
HTHT	HUAZHU GROUP LTD	3,070,910	$101M	4.6%	$32.99	$36.39	—	SPONSORED ADS	44332N106
ACMR	ACM RESH INC	4,302,000	$89.01M	4.1%	$20.69 *	$26.48	-4.9%	COM CL A	00108J109
—	IVERIC BIO INC	5,058,585	$85.14M	3.9%	$16.83	$6.26	—	COM	46583P102
HIMX	HIMAX TECHNOLOGIES INC	7,739,072	$84.05M	3.8%	$10.86	$7.05	—	SPONSORED ADR	43289P106
SIMO	SILICON MOTION TECHNOLOGY CO	1,255,056	$83.86M	3.8%	$66.82	$47.99	—	SPONSORED ADR	82706C108
—	SMART GLOBAL HLDGS INC	2,722,092	$70.31M	3.2%	$25.83	$35.19	—	SHS	G8232Y101
TDG	TRANSDIGM GROUP INC	104,927	$68.36M	3.1%	$651.54 *	$318.42	+67.7%	COM	893641100
—	HOLLYSYS AUTOMATION TCHNGY L	3,963,836	$63.3M	2.9%	$15.97	$13.40	—	SHS	G45667105
SABR	SABRE CORP	4,997,542	$57.12M	2.6%	$11.43 *	$7.19	+36.3%	COM	78573M104
—	GLOBAL BLOOD THERAPEUTICS IN	1,501,382	$52.01M	2.4%	$34.64	$36.86	—	COM	37890U108
—	NEW ORIENTAL ED & TECHNOLOGY	39,423,730	$45.34M	2.1%	$1.15	$2.05	—	SPON ADR	647581107
—	ZHIHU INC	18,382,062	$44.48M	2.0%	$2.42	$3.04	—	ADS	98955N108
HTHT	HUAZHU GROUP LTD	1,287,800	$42.48M	1.9%	$32.99	$36.39	—	Call	44332N106
JOYY	JOYY INC	1,096,960	$40.29M	1.8%	$36.73	$59.36	—	ADS REPSTG COM A	46591M109
DNLI	DENALI THERAPEUTICS INC	1,014,684	$32.64M	1.5%	$32.17 *	$38.69	-11.1%	COM	24823R105
—	PETIQ INC	1,067,887	$26.06M	1.2%	$24.40	$29.37	—	COM CL A	71639T106
—	AKERO THERAPEUTICS INC	1,552,990	$22.04M	1.0%	$14.19	$25.43	—	COM	00973Y108
—	GENERATION BIO CO	2,597,631	$19.07M	0.9%	$7.34	$19.22	—	COM	37148K100
IVA	INVENTIVA SA	1,657,574	$18.9M	0.9%	$11.40	$14.06	—	ADS	46124U107
RERE	ATRENEW INC	4,194,064	$14.85M	0.7%	$3.54	$10.46	—	SPONSORED ADS	00138L108
NIU	NIU TECHNOLOGIES	1,162,675	$11.23M	0.5%	$9.66	$6.96	—	ADS	65481N100
TAL	TAL EDUCATION GROUP	3,728,000	$11.22M	0.5%	$3.01	$8.56	—	SPONSORED ADS	874080104
ACMR	ACM RESH INC	459,000	$9.497M	0.4%	$20.69 *	$26.48	-4.9%	Call	00108J109
VIPS	VIPSHOP HOLDINGS LIMITED	366,825	$3.301M	0.2%	$9.00	$8.40	—	SPONSORED ADS A	92763W103
—	SEQUANS COMMUNICATIONS S A	584,260	$1.776M	0.1%	$3.04	$3.00	—	SPONSORED ADS	817323207
VISN	COMMSCOPE HLDG CO INC	200,004	$1.576M	0.1%	$7.88 *	$9.15	0.0%	COM	20337X109
BEAM	BEAM THERAPEUTICS INC	23,400	$1.341M	0.1%	$57.31 *	$65.59	0.0%	COM	07373V105
—	RYB ED INC	1,374,551	$1.279M	0.1%	$0.93	$6.22	—	ADR	74979W101
NOAH	NOAH HLDGS LTD	43,900	$1.033M	0.0%	$23.53	$31.83	—	Call	65487X102
—	ONESMART INTL ED GROUP LTD	315,541	$511K	0.0%	$1.62	$1.62	—	SPONSORED ADS	68276W400
—	LUCID GROUP INC	16,200	$411K	0.0%	$25.37	—	—	Put	549498103
AIJTY	JIANPU TECHNOLOGY INC	25,702	$28,000	0.0%	$1.09	$1.47	—	ADS COMMON	47738D309