We are live on ! Find out more
YCM

Yiheng Capital Management Portfolio holdings

AUM $231M
1-Year Est. Return 29.07%
This Fund
S&P 500
This Quarter Est. Return
+1.61%
1 Year Est. Return
+29.07%
3 Year Est. Return
+63.69%
5 Year Est. Return
+56.64%
10 Year Est. Return
+851.36%
AUM
$2.48B
AUM Growth
+$280M
Cap. Flow
+$348M
Cap. Flow %
14%
Top 10 Hldgs %
82.7%
Holding
32
New
6
Increased
9
Reduced
1
Closed
4

Top Buys

Rank Stock Value
1
TAL icon
TAL Education Group
TAL
+$79.4M
2
ACMR icon
ACM Research
ACMR
+$69.6M
3
GBIO
Generation Bio
GBIO
+$42.4M
4
JOYY
JOYY Inc
JOYY
+$39.3M
5
AKRO
Akero Therapeutics
AKRO
+$34.6M

Top Sells

Rank Stock Value
1
NFH
New Frontier Health Corporation Ordinary Shares
NFH
+$15.7M
2
BILL icon
BILL Holdings
BILL
+$14.8M
3
JT
Jianpu Technology Inc. American Depositary Shares, each representing twenty Class A Ordinary Shares
JT
+$647K
4
TUYA
Tuya Inc
TUYA
+$254K

Sector Composition

Rank Sector Weight
1 Communication Services 25.9%
2 Technology 20.88%
3 Consumer Discretionary 18.32%
4 Financials 12.87%
5 Industrials 8.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SQNS
26
Sequans Communications SA
SQNS
$41.3M
$3.52M 0.14%
23,370
– –
PENG
27
Penguin Solutions Inc
PENG
$2.85B
$893K 0.04%
+37,448
New +$902K
IVA
28
Inventiva
IVA
$1.12B
$355K 0.01%
+26,016
New +$368K
BILL icon
29
BILL Holdings
BILL
$4.81B
– –
-101,863
Closed -$14.8M
OCGN icon
30
PUT
Ocugen
OCGN
$441M
– –
-548,100
Closed -$3.72M
TUYA
31
Tuya Inc
TUYA
$1.06B
– –
-12,000
Closed -$254K
JT
32
DELISTED
Jianpu Technology Inc. American Depositary Shares, each representing twenty Class A Ordinary Shares
JT
– –
-248,919
Closed -$647K
1
2

Similar funds

PWA
Prairie Wealth Advisors Omaha, Nebraska $231M AUM 23.67% 1-Year Est. Return
MIM
Meros Investment Management Dallas, Texas $231M AUM 35.94% 1-Year Est. Return
RF
rebel Financial Groveport, Ohio $231M AUM 12.5% 1-Year Est. Return
ERFOTCOFW
Employees Retirement Fund of the City of Fort Worth Fort Worth, Texas $230M AUM 10.19% 1-Year Est. Return
CBOA
Commonwealth Bank of Australia Sydney, NSW, Australia $231M AUM
WF
Wayfinding Financial Lynnwood, Washington $230M AUM 17.64% 1-Year Est. Return
PBC
Pavion Blue Capital Newport Beach, California $230M AUM 19.71% 1-Year Est. Return
SM
Samjo Management New York $231M AUM 13.04% 1-Year Est. Return

Yiheng Capital Management's Q2 2021 Portfolio in Review

As of Q2 2021, Yiheng Capital Management held 32 positions worth $2.48B, up 13% from $2.2B the previous quarter. Its ten largest holdings account for 83% of the portfolio.

Yiheng Capital Management deployed $348M of net new capital in Q2 2021, opening 6 new positions and adding to 9 existing holdings. Its largest new stake was ACM Research: 2,532,600 shares worth $86.3M.

By sector, the portfolio is most concentrated in Communication Services at 26% of assets, up from 25% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was New Frontier Health Corporation Ordinary Shares, an estimated $15.7M trimmed.

  • Yiheng Capital Management's largest Q2 2021 buy was ACM Research: 2,532,600 shares worth $86.3M.
  • Yiheng Capital Management added most to TAL Education Group in Q2 2021, an estimated $79.4M increase.
  • Yiheng Capital Management's biggest Q2 2021 reduction was New Frontier Health Corporation Ordinary Shares, cutting an estimated $15.7M.
  • Yiheng Capital Management fully exited BILL Holdings in Q2 2021, selling an estimated $14.8M.
  • Yiheng Capital Management's ten largest holdings make up 83% of its $2.48B portfolio in Q2 2021.
  • Yiheng Capital Management opened 6 new positions and closed 4 in Q2 2021.
  • Yiheng Capital Management's portfolio value rose 13% quarter-over-quarter to $2.48B.

Based on Yiheng Capital Management's 13F filing for Q2 2021, filed 16 Aug 2021.