We are live on
!
Find out more
YCM
Yiheng Capital Management Portfolio holdings
AUM
$291M
Turnover
20.69%
1-Year Est. Return
19.43%
This Fund
S&P 500
This Quarter
Est. Return
+25.72%
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
$366M
AUM Growth
+$79.5M
(+28%)
Cap. Flow
+$18.9M
Cap. Flow
% of AUM
5.18%
Top 10 Holdings %
Top 10 Hldgs %
95.91%
Holding
13
New
–
Increased
6
Reduced
1
Closed
1
Avg Time Held
1.4
years
Top 10 Avg Time Held
1.2
years
Top 20 Avg Time Held
1.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hello Group
MOMO
|
+$9.93M |
| 2 |
Tuniu
TOUR
|
+$6.48M |
| 3 |
Silicon Motion
SIMO
|
+$5.83M |
| 4 |
Himax Technologies
HIMX
|
+$3.09M |
| 5 |
Aerohive Networks
HIVE
|
+$2.71M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CYOU
Changyou.com Limited American Depositary Share
CYOU
|
+$7.49M |
| 2 |
Huazhu Hotels Group
HTHT
|
+$4.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 30.6% |
| 2 | Consumer Staples | 21.57% |
| 3 | Financials | 14.37% |
| 4 | Technology | 13.62% |
| 5 | Communication Services | 13.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
TAL Education Group
TAL
$6.94B
| $78.8M | 21.57% |
2,338,590
| – | – |
2015 Q4
7 quarters
|
|
|
2
Huazhu Hotels Group
HTHT
$13.9B
| $54.3M | 14.84% |
1,826,364
-160,800
| -8% | -$4.16M |
2015 Q4
7 quarters
|
|
3
Noah Holdings
NOAH
$505M
| $52.5M | 14.37% |
1,636,402
| – | – |
2015 Q4
7 quarters
|
|
4
JD.com
JD
$36B
| $41.8M | 11.45% |
1,095,504
+60,000
| +6% | +$2.57M |
2015 Q4
7 quarters
|
|
5
Baidu
BIDU
$27.9B
| $31.5M | 8.61% |
127,078
| – | – |
2017 Q1
2 quarters
|
|
|
EHIC
6
DELISTED
eHi Car Services Limited
EHIC
| $24.9M | 6.8% |
2,538,097
| – | – |
2015 Q4
7 quarters
|
|
|
7
Silicon Motion
SIMO
$7.58B
| $20.9M | 5.72% |
435,301
+131,515
| +43% | +$5.83M |
2015 Q4
7 quarters
|
|
|
8
Hello Group
MOMO
$677M
| $16.2M | 4.42% |
515,777
+250,000
| +94% | +$9.93M |
2017 Q2
1 quarter
|
|
|
9
Tuniu
TOUR
$53.8M
| $15.7M | 4.31% |
201,377
+83,540
| +71% | +$6.48M |
2016 Q1
6 quarters
|
|
|
10
Himax Technologies
HIMX
$2.09B
| $13.9M | 3.81% |
1,275,032
+340,104
| +36% | +$3.09M |
2016 Q3
4 quarters
|
|
|
11
DELISTED
Aerohive Networks
HIVE
| $7.62M | 2.08% |
1,863,083
+675,814
| +57% | +$2.71M |
2015 Q4
7 quarters
|
|
12
Sequans Communications SA
SQNS
$40.2M
| $7.34M | 2.01% |
23,370
| – | – |
2015 Q4
7 quarters
|
|
|
CYOU
13
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| – | – |
-193,277
| Closed | -$7.49M | – |
|
Similar funds
TWA
SA
FDDB
NTIC
HMP
IAM
BCM
MPPHD
Yiheng Capital Management's Q3 2017 Portfolio in Review
As of Q3 2017, Yiheng Capital Management held 13 positions worth $366M, up 28% from $286M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Yiheng Capital Management deployed $18.9M of net new capital in Q3 2017, adding to 6 existing holdings.
By sector, the portfolio is most concentrated in Consumer Discretionary at 31% of assets, down from 32% a quarter earlier, followed by Consumer Staples and Financials.
On the sell side, the largest reduction was Huazhu Hotels Group, an estimated $4.16M trimmed.
- Yiheng Capital Management added most to Hello Group in Q3 2017, an estimated $9.93M increase.
- Yiheng Capital Management's biggest Q3 2017 reduction was Huazhu Hotels Group, cutting an estimated $4.16M.
- Yiheng Capital Management fully exited Changyou.com Limited American Depositary Share in Q3 2017, selling an estimated $7.49M.
- Yiheng Capital Management's ten largest holdings make up 96% of its $366M portfolio in Q3 2017.
- Yiheng Capital Management opened 0 new positions and closed 1 in Q3 2017.
- Yiheng Capital Management's portfolio value rose 28% quarter-over-quarter to $366M.
Based on Yiheng Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.