Latest Yiheng Capital Management, L.P. Stock Portfolio
$230Million– No. of Holdings #24
Yiheng Capital Management, L.P. Performance:
2026 Q1: -2.19%YTD: -2.19%2025: 19.57%
Performance for 2026 Q1 is -2.19%, and YTD is -2.19%, and 2025 is 19.57%.
About Yiheng Capital Management, L.P. and 13F Hedge Fund Stock Holdings
On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Yiheng Capital Management, L.P. reported an equity portfolio of $230.7 Millions as of 31 Mar, 2026.
The top stock holdings of Yiheng Capital Management, L.P. are NOAH, EDU, JD. The fund has invested 28.8% of it's portfolio in NOAH HLDGS LTD and 9.2% of portfolio in NEW ORIENTAL ED & TECHNOLOGY.
The fund managers got completely rid off ACM RESH INC (ACMR), INVENTIVA SA (IVA) and GENERATION BIO CO (GBIO) stocks. They significantly reduced their stock positions in DBV TECHNOLOGIES S A (DBVT), BILIBILI INC (BILI) and H WORLD GROUP LTD (HTHT). Yiheng Capital Management, L.P. opened new stock positions in HINGE HEALTH INC, BILL HOLDINGS INC (BILL) and JOYY INC (YY). The fund showed a lot of confidence in some stocks as they added substantially to PASSAGE BIO INC (PASG), TAL ED GROUP (TAL) and YATSEN HLDG LTD (YSG).
The top stock holdings of Yiheng Capital Management, L.P. are NOAH, EDU, JD. The fund has invested 28.8% of it's portfolio in NOAH HLDGS LTD and 9.2% of portfolio in NEW ORIENTAL ED & TECHNOLOGY.
The fund managers got completely rid off ACM RESH INC (ACMR), INVENTIVA SA (IVA) and GENERATION BIO CO (GBIO) stocks. They significantly reduced their stock positions in DBV TECHNOLOGIES S A (DBVT), BILIBILI INC (BILI) and H WORLD GROUP LTD (HTHT). Yiheng Capital Management, L.P. opened new stock positions in HINGE HEALTH INC, BILL HOLDINGS INC (BILL) and JOYY INC (YY). The fund showed a lot of confidence in some stocks as they added substantially to PASSAGE BIO INC (PASG), TAL ED GROUP (TAL) and YATSEN HLDG LTD (YSG).
Yiheng Capital Management, L.P. Equity Portfolio Value
Last Reported on: 15 May, 2026
Yiheng Capital Management, L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that Yiheng Capital Management, L.P. made a return of -2.19% in the last quarter. In trailing 12 months, it's portfolio return was 17.31%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| hinge health inc | 11,446,700 |
| bill holdings inc | 8,534,010 |
| joyy inc | 4,997,190 |
| trip com group ltd | 4,387,100 |
| zepp health corporation | 689,885 |
| cellebrite di ltd | 633,880 |
New stocks bought by Yiheng Capital Management, L.P.
Additions
| Ticker | % Inc. |
|---|---|
| passage bio inc | 151 |
| tal ed group | 145 |
| yatsen hldg ltd | 116 |
| agora inc | 36.03 |
| full truck alliance co ltd | 24.83 |
| new oriental ed & technology | 10.55 |
Additions to existing portfolio by Yiheng Capital Management, L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| dbv technologies s a | -73.41 |
| bilibili inc | -35.6 |
| h world group ltd | -18.83 |
| jd.com inc | -14.53 |
Yiheng Capital Management, L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| inventiva sa | -1,190,000 |
| acm resh inc | -6,881,930 |
| generation bio co | -599,376 |
Yiheng Capital Management, L.P. got rid off the above stocks
Sector Distribution
Yiheng Capital Management, L.P. has about 89.8% of it's holdings in Others sector.
- Others
- Healthcare
- Technology
| Sector | % |
|---|---|
| Others | 89.8 |
| Healthcare | 6.5 |
| Technology | 3.7 |
Market Cap. Distribution
Yiheng Capital Management, L.P. has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
- MID-CAP
| Category | % |
|---|---|
| UNALLOCATED | 89.8 |
| MID-CAP | 9.9 |
Stocks belong to which Index?
About 4.6% of the stocks held by Yiheng Capital Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.
- Others
- RUSSELL 2000
| Index | % |
|---|---|
| Others | 95.4 |
| RUSSELL 2000 | 4.6 |
Yiheng Capital Management, L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Yiheng Capital Management, L.P.
Yiheng Capital Management, L.P. has 24 stocks in it's portfolio. About 82.1% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. was the most profitable stock for Yiheng Capital Management, L.P. last quarter.
Last Reported on: 15 May, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACMR | acm resh inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| API | agora inc | 1.11 | 725,795 | 2,569,310 | added | 36.03 | ||
| BEAM | beam therapeutics inc | 0.22 | 21,126 | 503,433 | unchanged | 0.00 | ||
| BILI | bilibili inc | 7.24 | 739,915 | 16,692,500 | reduced | -35.6 | ||
| BILL | bill holdings inc | 3.70 | 222,820 | 8,534,010 | new | |||
| CLBT | cellebrite di ltd | 0.28 | 46,000 | 633,880 | new | |||
| DBVT | dbv technologies s a | 1.54 | 170,142 | 3,554,270 | reduced | -73.41 | ||
| EDU | new oriental ed & technology | 9.24 | 376,551 | 21,324,100 | added | 10.55 | ||
| GBIO | generation bio co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HTHT | h world group ltd | 7.05 | 323,371 | 16,262,300 | reduced | -18.83 | ||
| IVA | inventiva sa | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| JD | jd.com inc | 7.53 | 587,513 | 17,372,800 | reduced | -14.53 | ||
| KYMR | kymera therapeutics inc | 2.65 | 73,440 | 6,116,820 | unchanged | 0.00 | ||
| NOAH | noah hldgs ltd | 28.83 | 6,717,350 | 66,501,800 | unchanged | 0.00 | ||
| PASG | passage bio inc | 0.29 | 86,097 | 675,861 | added | 151 | ||
| RERE | atrenew inc | 6.43 | 3,163,120 | 14,835,000 | unchanged | 0.00 | ||
| TAL | tal ed group | 3.74 | 759,240 | 8,632,560 | added | 145 | ||
| TCOM | trip com group ltd | 1.90 | 88,112 | 4,387,100 | new | |||
| TOUR | tuniu corp | 0.10 | 314,437 | 242,116 | unchanged | 0.00 | ||
| VRDN | viridian therapeutics inc | 1.77 | 208,735 | 4,082,860 | unchanged | 0.00 | ||