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

Location: San Francisco, CA

CIK: 0001447228 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $2.529B (100.0% shares, 0.0% debt)

Holdings (35)

JD JD.COM INC 32.6%

Value $823M Shares 18,761,600 Share Price $43.89 Est. Cost/Share $43.65 Unrealized @ Report Date —

BILI BILIBILI INC 13.8%

Value $349M Shares 14,839,100 Share Price $23.50 Est. Cost/Share $23.60 Unrealized @ Report Date —

BILI BILIBILI INC 10.5%

Value $265M Shares 11,270,198 Share Price $23.50 Est. Cost/Share $23.60 Unrealized @ Report Date —

HTHT H WORLD GROUP LTD 5.4%

Value $136M Shares 2,783,620 Share Price $48.98 Est. Cost/Share $36.39 Unrealized @ Report Date —

EDU NEW ORIENTAL ED & TECHNOLOGY 5.3%

Value $133M Shares 3,442,666 Share Price $38.61 Est. Cost/Share $20.36 Unrealized @ Report Date —

NOAH NOAH HLDGS LTD 4.1%

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

JD JD.COM INC 3.4%

Value $86.54M Shares 1,971,740 Share Price $43.89 Est. Cost/Share $43.65 Unrealized @ Report Date —

TDG TRANSDIGM GROUP INC 3.0%

Value $74.67M Shares 101,312 Share Price $737.05 * Est. Cost/Share $346.33 Unrealized @ Report Date +76.3%

— HOLLYSYS AUTOMATION TCHNGY L 2.7%

Value $68.69M Shares 3,963,836 Share Price $17.33 Est. Cost/Share $13.40 Unrealized @ Report Date —

— IVERIC BIO INC 2.1%

Value $52.15M Shares 2,143,497 Share Price $24.33 Est. Cost/Share $6.26 Unrealized @ Report Date —

— SMART GLOBAL HLDGS INC 2.0%

Value $50.93M Shares 2,953,992 Share Price $17.24 Est. Cost/Share $33.71 Unrealized @ Report Date —

EDU NEW ORIENTAL ED & TECHNOLOGY 1.8%

Value $46.73M Shares 1,210,200 Share Price $38.61 Est. Cost/Share $20.36 Unrealized @ Report Date —

RBLX ROBLOX CORP 1.8%

Value $45.35M Shares 1,008,274 Share Price $44.98 * Est. Cost/Share $38.22 Unrealized @ Report Date 0.0%

SABR SABRE CORP 1.8%

Value $44.71M Shares 10,421,742 Share Price $4.29 * Est. Cost/Share $7.30 Unrealized @ Report Date -21.5%

— AKERO THERAPEUTICS INC 1.7%

Value $43.07M Shares 1,125,791 Share Price $38.26 Est. Cost/Share $23.81 Unrealized @ Report Date —

VRDN VIRIDIAN THERAPEUTICS INC 1.2%

Value $31.25M Shares 1,228,534 Share Price $25.44 * Est. Cost/Share $23.45 Unrealized @ Report Date +36.7%

INDI INDIE SEMICONDUCTOR INC 1.0%

Value $24.9M Shares 2,360,221 Share Price $10.55 * Est. Cost/Share $8.94 Unrealized @ Report Date 0.0%

KROS KEROS THERAPEUTICS INC 0.9%

Value $23.66M Shares 554,151 Share Price $42.70 * Est. Cost/Share $50.51 Unrealized @ Report Date 0.0%

DNLI DENALI THERAPEUTICS INC 0.9%

Value $23.38M Shares 1,014,684 Share Price $23.04 * Est. Cost/Share $38.69 Unrealized @ Report Date -28.9%

ACMR ACM RESH INC 0.8%

Value $19.36M Shares 1,654,700 Share Price $11.70 Est. Cost/Share $24.45 Unrealized @ Report Date -52.7%

TAL TAL EDUCATION GROUP 0.7%

Value $18.07M Shares 2,818,300 Share Price $6.41 Est. Cost/Share $7.97 Unrealized @ Report Date —

BEAM BEAM THERAPEUTICS INC 0.6%

Value $14.2M Shares 463,800 Share Price $30.62 * Est. Cost/Share $42.14 Unrealized @ Report Date -6.3%

HIMX HIMAX TECHNOLOGIES INC 0.4%

Value $9.641M Shares 1,185,814 Share Price $8.13 Est. Cost/Share $7.05 Unrealized @ Report Date —

IVA INVENTIVA SA 0.4%

Value $9.628M Shares 2,644,926 Share Price $3.64 Est. Cost/Share $10.94 Unrealized @ Report Date —

— GENERATION BIO CO 0.3%

Value $6.888M Shares 1,601,766 Share Price $4.30 Est. Cost/Share $13.55 Unrealized @ Report Date —

— AKERO THERAPEUTICS INC 0.2%

Value $6.267M Shares 163,800 Share Price $38.26 Est. Cost/Share $23.81 Unrealized @ Report Date —

NIU NIU TECHNOLOGIES 0.2%

Value $4.813M Shares 1,162,675 Share Price $4.14 Est. Cost/Share $6.96 Unrealized @ Report Date —

— ZHIHU INC 0.2%

Value $4.595M Shares 3,618,353 Share Price $1.27 Est. Cost/Share $2.72 Unrealized @ Report Date —

ACMR ACM RESH INC 0.1%

Value $3.537M Shares 302,300 Share Price $11.70 Est. Cost/Share $24.45 Unrealized @ Report Date -52.7%

— SMART GLOBAL HLDGS INC 0.1%

Value $1.367M Shares 79,300 Share Price $17.24 Est. Cost/Share $33.71 Unrealized @ Report Date —

VISN COMMSCOPE HLDG CO INC 0.1%

Value $1.274M Shares 200,004 Share Price $6.37 * Est. Cost/Share $9.15 Unrealized @ Report Date -17.2%

— SEQUANS COMMUNICATIONS S A 0.0%

Value $1.169M Shares 584,260 Share Price $2.00 Est. Cost/Share $3.00 Unrealized @ Report Date —

— GRAVITAS EDUCATION HLDGS INC 0.0%

Value $933K Shares 68,050 Share Price $13.71 Est. Cost/Share $11.34 Unrealized @ Report Date —

RERE ATRENEW INC 0.0%

Value $499K Shares 163,476 Share Price $3.05 Est. Cost/Share $10.46 Unrealized @ Report Date —

AIJTY JIANPU TECHNOLOGY INC 0.0%

Value $39,581 Shares 25,702 Share Price $1.54 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	18,761,600	$823M	32.6%	$43.89	$43.65	—	Call	47215P106
BILI	BILIBILI INC	14,839,100	$349M	13.8%	$23.50	$23.60	—	Call	090040106
BILI	BILIBILI INC	11,270,198	$265M	10.5%	$23.50	$23.60	—	SPONS ADS REP Z	090040106
HTHT	H WORLD GROUP LTD	2,783,620	$136M	5.4%	$48.98	$36.39	—	SPONSORED ADS	44332N106
EDU	NEW ORIENTAL ED & TECHNOLOGY	3,442,666	$133M	5.3%	$38.61	$20.36	—	SPON ADR	647581206
NOAH	NOAH HLDGS LTD	6,719,722	$104M	4.1%	$15.50	$31.83	—	SPON ADS CL A	65487X102
JD	JD.COM INC	1,971,740	$86.54M	3.4%	$43.89	$43.65	—	SPON ADR CL A	47215P106
TDG	TRANSDIGM GROUP INC	101,312	$74.67M	3.0%	$737.05 *	$346.33	+76.3%	COM	893641100
—	HOLLYSYS AUTOMATION TCHNGY L	3,963,836	$68.69M	2.7%	$17.33	$13.40	—	SHS	G45667105
—	IVERIC BIO INC	2,143,497	$52.15M	2.1%	$24.33	$6.26	—	COM	46583P102
—	SMART GLOBAL HLDGS INC	2,953,992	$50.93M	2.0%	$17.24	$33.71	—	SHS	G8232Y101
EDU	NEW ORIENTAL ED & TECHNOLOGY	1,210,200	$46.73M	1.8%	$38.61	$20.36	—	Call	647581206
RBLX	ROBLOX CORP	1,008,274	$45.35M	1.8%	$44.98 *	$38.22	0.0%	CL A	771049103
SABR	SABRE CORP	10,421,742	$44.71M	1.8%	$4.29 *	$7.30	-21.5%	COM	78573M104
—	AKERO THERAPEUTICS INC	1,125,791	$43.07M	1.7%	$38.26	$23.81	—	COM	00973Y108
VRDN	VIRIDIAN THERAPEUTICS INC	1,228,534	$31.25M	1.2%	$25.44 *	$23.45	+36.7%	COM	92790C104
INDI	INDIE SEMICONDUCTOR INC	2,360,221	$24.9M	1.0%	$10.55 *	$8.94	0.0%	CLASS A COM	45569U101
KROS	KEROS THERAPEUTICS INC	554,151	$23.66M	0.9%	$42.70 *	$50.51	0.0%	COM	492327101
DNLI	DENALI THERAPEUTICS INC	1,014,684	$23.38M	0.9%	$23.04 *	$38.69	-28.9%	COM	24823R105
ACMR	ACM RESH INC	1,654,700	$19.36M	0.8%	$11.70	$24.45	-52.7%	Call	00108J109
TAL	TAL EDUCATION GROUP	2,818,300	$18.07M	0.7%	$6.41	$7.97	—	SPONSORED ADS	874080104
BEAM	BEAM THERAPEUTICS INC	463,800	$14.2M	0.6%	$30.62 *	$42.14	-6.3%	COM	07373V105
HIMX	HIMAX TECHNOLOGIES INC	1,185,814	$9.641M	0.4%	$8.13	$7.05	—	SPONSORED ADR	43289P106
IVA	INVENTIVA SA	2,644,926	$9.628M	0.4%	$3.64	$10.94	—	ADS	46124U107
—	GENERATION BIO CO	1,601,766	$6.888M	0.3%	$4.30	$13.55	—	COM	37148K100
—	AKERO THERAPEUTICS INC	163,800	$6.267M	0.2%	$38.26	$23.81	—	Call	00973Y108
NIU	NIU TECHNOLOGIES	1,162,675	$4.813M	0.2%	$4.14	$6.96	—	ADS	65481N100
—	ZHIHU INC	3,618,353	$4.595M	0.2%	$1.27	$2.72	—	ADS	98955N108
ACMR	ACM RESH INC	302,300	$3.537M	0.1%	$11.70	$24.45	-52.7%	COM CL A	00108J109
—	SMART GLOBAL HLDGS INC	79,300	$1.367M	0.1%	$17.24	$33.71	—	Call	G8232Y101
VISN	COMMSCOPE HLDG CO INC	200,004	$1.274M	0.1%	$6.37 *	$9.15	-17.2%	COM	20337X109
—	SEQUANS COMMUNICATIONS S A	584,260	$1.169M	0.0%	$2.00	$3.00	—	SPONSORED ADS	817323207
—	GRAVITAS EDUCATION HLDGS INC	68,050	$933K	0.0%	$13.71	$11.34	—	SPON ADS	74979W200
RERE	ATRENEW INC	163,476	$499K	0.0%	$3.05	$10.46	—	SPONSORED ADS	00138L108
AIJTY	JIANPU TECHNOLOGY INC	25,702	$39,581	0.0%	$1.54	$1.47	—	ADS COMMON	47738D309