Yiheng Capital Management, L.P. reported 24 positions worth $226.97M for the quarter ended Jun 30, 2026, down 1.6% on the prior quarter. It opened 2 new positions, added to 5, trimmed 4 and exited 2. Its largest holding is Noah Holdings Ltd at 29.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BILI Bilibili Inc. | +749.9K | +101.3% | $12.77M | 11.18% |
| PSIX Power Solutions International, Inc. | +133.5K | – | $5.19M | 2.29% |
| BIOA BioAge Labs, Inc. | +170.5K | – | $4.18M | 1.84% |
| VRDN Viridian Therapeutics, Inc.\DE | +191.7K | +91.9% | $3.52M | 3.24% |
| ZEPP Zepp Health Corp | +162.8K | +281.9% | $848.03K | 0.506% |
| YSG Yatsen Holding Ltd | +148.3K | +18.6% | $470.20K | 1.32% |
| JD JD.com, Inc. | +3,000 | +0.5% | $76.44K | 6.63% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| EDU New Oriental Education & Technology Group Inc. | -374.9K | -99.6% | $17.21M | 0.033% |
| HNGE Hinge Health, Inc. | -140.7K | -47.4% | $11.68M | 5.71% |
| SVCO Silvaco Group, Inc. | -189.9K | -17.3% | $2.62M | 5.51% |
| KYMR Kymera Therapeutics, Inc. | -10.0K | -13.6% | $1.15M | 3.21% |
| CLBT Cellebrite DI Ltd. | -46.0K | -100.0% | $633.88K | Exited |
| TOUR Tuniu Corp | -31.4K | -100.0% | $242.12K | Exited |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NOAH Noah Holdings Ltd | Financial Services | 6.72M | $67.11M | 29.57% | 0 | 0.0% | Unchanged | 10.02% |
| 2 | BILI Bilibili Inc. | Technology | 1.49M | $25.37M | 11.18% | +749.9K | +101.3% | Added | 0.18% |
| 3 | JD JD.com, Inc. | Consumer Discretionary | 590.5K | $15.05M | 6.63% | +3,000 | +0.5% | Added | 0.05% |
| 4 | HTHT H World Group Ltd | Consumer Discretionary | 323.4K | $13.49M | 5.94% | 0 | 0.0% | Unchanged | 0.11% |
| 5 | HNGE Hinge Health, Inc. | Healthcare | 156.2K | $12.96M | 5.71% | -140.7K | -47.4% | Reduced | 0.25% |
| 6 | SVCO Silvaco Group, Inc. | Technology | 906.4K | $12.50M | 5.51% | -189.9K | -17.3% | Reduced | 2.69% |
| 7 | RERE ATRenew Inc. | Consumer Discretionary | 3.16M | $12.24M | 5.39% | 0 | 0.0% | Unchanged | 1.96% |
| 8 | BILL BILL Holdings, Inc. | Technology | 222.8K | $8.06M | 3.55% | 0 | 0.0% | Unchanged | 0.22% |
| 9 | VRDN Viridian Therapeutics, Inc.\DE | Healthcare | 400.5K | $7.36M | 3.24% | +191.7K | +91.9% | Added | 0.35% |
| 10 | KYMR Kymera Therapeutics, Inc. | Healthcare | 63.4K | $7.27M | 3.21% | -10.0K | -13.6% | Reduced | 0.06% |
| 11 | TAL TAL Education Group | Consumer Discretionary | 759.2K | $7.27M | 3.2% | 0 | 0.0% | Unchanged | 0.12% |
| 12 | JOYY JOYY Inc. | Technology | 85.6K | $5.65M | 2.49% | 0 | 0.0% | Unchanged | 0.16% |
| 13 | PSIX Power Solutions International, Inc. | Industrials | 133.5K | $5.19M | 2.29% | +133.5K | – | New | 0.58% |
| 14 | PONY Pony AI Inc. | Technology | 653.2K | $4.54M | 2% | 0 | 0.0% | Unchanged | 0.17% |
| 15 | BIOA BioAge Labs, Inc. | Healthcare | 170.5K | $4.18M | 1.84% | +170.5K | – | New | 0.37% |
Tip. Select a row to see that position’s full history at Yiheng Capital Management.
As of its Q2 2026 13F filing, Yiheng Capital Management, L.P.’s five largest positions were Noah Holdings Ltd (NOAH) at 29.6%, Bilibili Inc. (BILI) at 11.2%, JD.com, Inc. (JD) at 6.6%, H World Group Ltd (HTHT) at 5.9%, Hinge Health, Inc. (HNGE) at 5.7% of the reported portfolio.
Yiheng Capital Management, L.P. reported a 13F portfolio worth $226.97M across 24 positions for Q2 2026. That is down 1.6% from the previous quarter.
Its largest purchases by value were Bilibili Inc. ($12.77M), Power Solutions International, Inc. ($5.19M), BioAge Labs, Inc. ($4.18M). It opened 2 new positions.
Its largest sales by value were New Oriental Education & Technology Group Inc. ($17.21M), Hinge Health, Inc. ($11.68M), Silvaco Group, Inc. ($2.62M). It exited 2 positions entirely.
From the Form 13F-HR reports Yiheng Capital Management, L.P. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.