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YCM

Yiheng Capital Management Portfolio holdings

AUM $291M
1-Year Est. Return 19.43%
This Fund
S&P 500
This Quarter Est. Return
-3.21%
1 Year Est. Return
+19.43%
3 Year Est. Return
+81.96%
5 Year Est. Return
+61.91%
10 Year Est. Return
+930.57%
AUM
$231M
AUM Growth
-$264M
Cap. Flow
+$8.97M
Cap. Flow %
3.89%
Top 10 Hldgs %
82.08%
Holding
30
New
6
Increased
6
Reduced
4
Closed
6

Top Buys

Rank Stock Value
1
HNGE
Hinge Health
HNGE
+$12.3M
2
BILL icon
BILL Holdings
BILL
+$9.97M
3
JOYY
JOYY Inc
JOYY
+$5.41M
4
TCOM icon
Trip.com Group
TCOM
+$5.14M
5
TAL icon
TAL Education Group
TAL
+$5.06M

Top Sells

Rank Stock Value
1
BILI icon
Bilibili
BILI
+$11.8M
2
DBVT
DBV Technologies
DBVT
+$9.81M
3
ACMR icon
ACM Research
ACMR
+$6.88M
4
HTHT icon
Huazhu Hotels Group
HTHT
+$3.82M
5
JD icon
JD.com
JD
+$2.82M

Sector Composition

Rank Sector Weight
1 Financials 28.83%
2 Consumer Discretionary 23.02%
3 Consumer Staples 14.05%
4 Technology 13.27%
5 Healthcare 11.43%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GBIO
26
DELISTED
Generation Bio
GBIO
– –
-105,524
Closed -$599K
IVA
27
Inventiva
IVA
$1.11B
– –
-255,915
Closed -$1.19M
VSAT icon
28
PUT
Viasat
VSAT
$9.28B
– –
-455,600
Closed -$15.7M
ALAB icon
29
PUT
Astera Labs
ALAB
$50.2B
– –
-1,427,500
Closed -$237M
ULS icon
30
PUT
UL Solutions
ULS
$15B
– –
-150,000
Closed -$11.8M
1
2

Similar funds

TWA
Trellis Wealth Advisors San Luis Obispo, California $291M AUM 20.63% 1-Year Est. Return
SA
Spear Advisors East Hampton, New York $291M AUM
FDDB
Fidelity D&D Bancorp Dunmore, Pennsylvania $291M AUM 20.72% 1-Year Est. Return
NTIC
Napean Trading & Investment Company Singapore $291M AUM 61.93% 1-Year Est. Return
HMP
HS Management Partners New York $291M AUM 2.11% 1-Year Est. Return
IAM
Iridian Asset Management Westport, Connecticut $291M AUM 49.45% 1-Year Est. Return
BCM
Buckhead Capital Management Atlanta, Georgia $292M AUM 21.14% 1-Year Est. Return
MPPHD
Maloon Powers Pitre Higgins & Dennehy San Ramon, California $291M AUM

Yiheng Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Yiheng Capital Management held 30 positions worth $231M, down 53% from $494M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Yiheng Capital Management deployed $8.97M of net new capital in Q1 2026, opening 6 new positions and adding to 6 existing holdings. Its largest new stake was Hinge Health: 296,853 shares worth $11.4M.

By sector, the portfolio is most concentrated in Financials at 29% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

On the sell side, the largest reduction was Bilibili, an estimated $11.8M trimmed.

  • Yiheng Capital Management's largest Q1 2026 buy was Hinge Health: 296,853 shares worth $11.4M.
  • Yiheng Capital Management added most to TAL Education Group in Q1 2026, an estimated $5.06M increase.
  • Yiheng Capital Management's biggest Q1 2026 reduction was Bilibili, cutting an estimated $11.8M.
  • Yiheng Capital Management fully exited ACM Research in Q1 2026, selling an estimated $6.88M.
  • Yiheng Capital Management's ten largest holdings make up 82% of its $231M portfolio in Q1 2026.
  • Yiheng Capital Management opened 6 new positions and closed 6 in Q1 2026.
  • Yiheng Capital Management's portfolio value fell 53% quarter-over-quarter to $231M.

Based on Yiheng Capital Management's 13F filing for Q1 2026, filed 15 May 2026.