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

Location: San Francisco, CA

CIK: 0001447228 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 14, 2023

Total Value: $2.259B (100.0% shares, 0.0% debt)

Holdings (33)

JD JD.COM INC 28.5%

Value $644M Shares 11,477,300 Share Price $56.13 Est. Cost/Share $43.64 Unrealized @ Report Date —

BILI BILIBILI INC 12.0%

Value $271M Shares 11,451,017 Share Price $23.69 Est. Cost/Share $23.60 Unrealized @ Report Date —

BILI BILIBILI INC 11.0%

Value $249M Shares 10,519,000 Share Price $23.69 Est. Cost/Share $23.60 Unrealized @ Report Date —

EDU NEW ORIENTAL ED & TECHNOLOGY 6.1%

Value $137M Shares 3,942,372 Share Price $34.82 Est. Cost/Share $20.36 Unrealized @ Report Date —

HTHT H WORLD GROUP LTD 5.2%

Value $118M Shares 2,783,620 Share Price $42.42 Est. Cost/Share $36.39 Unrealized @ Report Date —

JD JD.COM INC 4.6%

Value $104M Shares 1,860,440 Share Price $56.13 Est. Cost/Share $43.64 Unrealized @ Report Date —

NOAH NOAH HLDGS LTD 4.6%

Value $104M Shares 6,719,722 Share Price $15.50 Est. Cost/Share $31.83 Unrealized @ Report Date —

— AKERO THERAPEUTICS INC 3.6%

Value $80.5M Shares 1,468,905 Share Price $54.80 Est. Cost/Share $23.81 Unrealized @ Report Date —

— IVERIC BIO INC 3.4%

Value $77.36M Shares 3,613,254 Share Price $21.41 Est. Cost/Share $6.26 Unrealized @ Report Date —

TDG TRANSDIGM GROUP INC 3.0%

Value $67.76M Shares 107,612 Share Price $629.65 * Est. Cost/Share $346.33 Unrealized @ Report Date +45.4%

— HOLLYSYS AUTOMATION TCHNGY L 2.9%

Value $65.13M Shares 3,963,836 Share Price $16.43 Est. Cost/Share $13.40 Unrealized @ Report Date —

SABR SABRE CORP 2.9%

Value $64.41M Shares 10,421,742 Share Price $6.18 * Est. Cost/Share $7.30 Unrealized @ Report Date -23.5%

— SMART GLOBAL HLDGS INC 1.9%

Value $43.96M Shares 2,953,992 Share Price $14.88 Est. Cost/Share $33.71 Unrealized @ Report Date —

TAL TAL EDUCATION GROUP 1.5%

Value $33.8M Shares 4,794,700 Share Price $7.05 Est. Cost/Share $8.56 Unrealized @ Report Date —

HIMX HIMAX TECHNOLOGIES INC 1.4%

Value $31.84M Shares 5,127,716 Share Price $6.21 Est. Cost/Share $7.05 Unrealized @ Report Date —

DNLI DENALI THERAPEUTICS INC 1.2%

Value $28.22M Shares 1,014,684 Share Price $27.81 * Est. Cost/Share $38.69 Unrealized @ Report Date -23.1%

VRDN VIRIDIAN THERAPEUTICS INC 1.2%

Value $28.14M Shares 963,256 Share Price $29.21 * Est. Cost/Share $21.08 Unrealized @ Report Date +9.3%

NOAH NOAH HLDGS LTD 0.8%

Value $18.5M Shares 1,193,700 Share Price $15.50 Est. Cost/Share $31.83 Unrealized @ Report Date —

BEAM BEAM THERAPEUTICS INC 0.8%

Value $18.14M Shares 463,800 Share Price $39.11 * Est. Cost/Share $42.14 Unrealized @ Report Date +6.3%

— AKERO THERAPEUTICS INC 0.8%

Value $17.89M Shares 326,500 Share Price $54.80 Est. Cost/Share $23.81 Unrealized @ Report Date —

TAL TAL EDUCATION GROUP 0.6%

Value $14.47M Shares 2,052,400 Share Price $7.05 Est. Cost/Share $8.56 Unrealized @ Report Date —

IVA INVENTIVA SA 0.5%

Value $11.8M Shares 2,644,926 Share Price $4.46 Est. Cost/Share $10.94 Unrealized @ Report Date —

NIU NIU TECHNOLOGIES 0.3%

Value $6.081M Shares 1,162,675 Share Price $5.23 Est. Cost/Share $6.96 Unrealized @ Report Date —

ACMR ACM RESH INC 0.2%

Value $5.075M Shares 658,300 Share Price $7.71 * Est. Cost/Share $24.45 Unrealized @ Report Date -65.3%

— ZHIHU INC 0.2%

Value $4.704M Shares 3,618,353 Share Price $1.30 Est. Cost/Share $2.72 Unrealized @ Report Date —

— GENERATION BIO CO 0.2%

Value $4.662M Shares 1,186,295 Share Price $3.93 Est. Cost/Share $16.79 Unrealized @ Report Date —

ACMR ACM RESH INC 0.1%

Value $2.331M Shares 302,300 Share Price $7.71 * Est. Cost/Share $24.45 Unrealized @ Report Date -65.3%

— SEQUANS COMMUNICATIONS S A 0.1%

Value $1.94M Shares 584,260 Share Price $3.32 Est. Cost/Share $3.00 Unrealized @ Report Date —

VISN COMMSCOPE HLDG CO INC 0.1%

Value $1.47M Shares 200,004 Share Price $7.35 * Est. Cost/Share $9.15 Unrealized @ Report Date +5.5%

— SMART GLOBAL HLDGS INC 0.1%

Value $1.18M Shares 79,300 Share Price $14.88 Est. Cost/Share $33.71 Unrealized @ Report Date —

— GRAVITAS EDUCATION HLDGS INC 0.0%

Value $772K Shares 68,050 Share Price $11.34 Est. Cost/Share $11.34 Unrealized @ Report Date —

RERE ATRENEW INC 0.0%

Value $472K Shares 163,476 Share Price $2.89 Est. Cost/Share $10.46 Unrealized @ Report Date —

AIJTY JIANPU TECHNOLOGY INC 0.0%

Value $40,866 Shares 25,702 Share Price $1.59 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	11,477,300	$644M	28.5%	$56.13	$43.64	—	Call	47215P106
BILI	BILIBILI INC	11,451,017	$271M	12.0%	$23.69	$23.60	—	SPONS ADS REP Z	090040106
BILI	BILIBILI INC	10,519,000	$249M	11.0%	$23.69	$23.60	—	Call	090040106
EDU	NEW ORIENTAL ED & TECHNOLOGY	3,942,372	$137M	6.1%	$34.82	$20.36	—	SPON ADR	647581206
HTHT	H WORLD GROUP LTD	2,783,620	$118M	5.2%	$42.42	$36.39	—	SPONSORED ADS	44332N106
JD	JD.COM INC	1,860,440	$104M	4.6%	$56.13	$43.64	—	SPON ADR CL A	47215P106
NOAH	NOAH HLDGS LTD	6,719,722	$104M	4.6%	$15.50	$31.83	—	SPON ADS CL A	65487X102
—	AKERO THERAPEUTICS INC	1,468,905	$80.5M	3.6%	$54.80	$23.81	—	COM	00973Y108
—	IVERIC BIO INC	3,613,254	$77.36M	3.4%	$21.41	$6.26	—	COM	46583P102
TDG	TRANSDIGM GROUP INC	107,612	$67.76M	3.0%	$629.65 *	$346.33	+45.4%	COM	893641100
—	HOLLYSYS AUTOMATION TCHNGY L	3,963,836	$65.13M	2.9%	$16.43	$13.40	—	SHS	G45667105
SABR	SABRE CORP	10,421,742	$64.41M	2.9%	$6.18 *	$7.30	-23.5%	COM	78573M104
—	SMART GLOBAL HLDGS INC	2,953,992	$43.96M	1.9%	$14.88	$33.71	—	SHS	G8232Y101
TAL	TAL EDUCATION GROUP	4,794,700	$33.8M	1.5%	$7.05	$8.56	—	Call	874080104
HIMX	HIMAX TECHNOLOGIES INC	5,127,716	$31.84M	1.4%	$6.21	$7.05	—	SPONSORED ADR	43289P106
DNLI	DENALI THERAPEUTICS INC	1,014,684	$28.22M	1.2%	$27.81 *	$38.69	-23.1%	COM	24823R105
VRDN	VIRIDIAN THERAPEUTICS INC	963,256	$28.14M	1.2%	$29.21 *	$21.08	+9.3%	COM	92790C104
NOAH	NOAH HLDGS LTD	1,193,700	$18.5M	0.8%	$15.50	$31.83	—	Call	65487X102
BEAM	BEAM THERAPEUTICS INC	463,800	$18.14M	0.8%	$39.11 *	$42.14	+6.3%	COM	07373V105
—	AKERO THERAPEUTICS INC	326,500	$17.89M	0.8%	$54.80	$23.81	—	Call	00973Y108
TAL	TAL EDUCATION GROUP	2,052,400	$14.47M	0.6%	$7.05	$8.56	—	SPONSORED ADS	874080104
IVA	INVENTIVA SA	2,644,926	$11.8M	0.5%	$4.46	$10.94	—	ADS	46124U107
NIU	NIU TECHNOLOGIES	1,162,675	$6.081M	0.3%	$5.23	$6.96	—	ADS	65481N100
ACMR	ACM RESH INC	658,300	$5.075M	0.2%	$7.71 *	$24.45	-65.3%	Call	00108J109
—	ZHIHU INC	3,618,353	$4.704M	0.2%	$1.30	$2.72	—	ADS	98955N108
—	GENERATION BIO CO	1,186,295	$4.662M	0.2%	$3.93	$16.79	—	COM	37148K100
ACMR	ACM RESH INC	302,300	$2.331M	0.1%	$7.71 *	$24.45	-65.3%	COM CL A	00108J109
—	SEQUANS COMMUNICATIONS S A	584,260	$1.94M	0.1%	$3.32	$3.00	—	SPONSORED ADS	817323207
VISN	COMMSCOPE HLDG CO INC	200,004	$1.47M	0.1%	$7.35 *	$9.15	+5.5%	COM	20337X109
—	SMART GLOBAL HLDGS INC	79,300	$1.18M	0.1%	$14.88	$33.71	—	Call	G8232Y101
—	GRAVITAS EDUCATION HLDGS INC	68,050	$772K	0.0%	$11.34	$11.34	—	SPON ADS	74979W200
RERE	ATRENEW INC	163,476	$472K	0.0%	$2.89	$10.46	—	SPONSORED ADS	00138L108
AIJTY	JIANPU TECHNOLOGY INC	25,702	$40,866	0.0%	$1.59	$1.47	—	ADS COMMON	47738D309