
YIHENG CAPITAL MANAGEMENT, L.P.
Latest 13F filing data - Q4 2025
Holdings (Top positions)
| Stock | Ticker | ||
|---|---|---|---|
![]() | NOAH | 6.72M | $67.44M |
![]() | RERE | 3.16M | $16.76M |
![]() | BILI | 1.15M | $28.25M |
![]() | SVCO | 1.10M | $4.44M |
![]() | JD | 687K | $19.73M |
![]() | PONY | 653K | $9.47M |
![]() | DBVT | 640K | $12.26M |
![]() | API | 534K | $2.17M |
![]() | YMM | 411K | $4.41M |
![]() | HTHT | 398K | $18.74M |
![]() | YSG | 368K | $1.43M |
![]() | EDU | 341K | $18.74M |
![]() | TOUR | 314K | $194.95K |
![]() | TAL | 309K | $3.37M |
![]() | IVA | 256K | $1.19M |
![]() | VRDN | 209K | $6.50M |
![]() | ACMR | 174K | $6.88M |
![]() | GBIO | 106K | $599.38K |
![]() | KYMR | 73K | $5.71M |
![]() | PASG | 34K | $404.75K |

Noah Holdings Limited
NOAH
Shares Held
6.72M
Value
$67.44M

ATRenew Inc.
RERE
Shares Held
3.16M
Value
$16.76M

Bilibili Inc.
BILI
Shares Held
1.15M
Value
$28.25M

Silvaco Group, Inc. Common Stock
SVCO
Shares Held
1.10M
Value
$4.44M

JD.com, Inc.
JD
Shares Held
687K
Value
$19.73M

Pony AI Inc. American Depositary Shares
PONY
Shares Held
653K
Value
$9.47M

DBV Technologies S.A.
DBVT
Shares Held
640K
Value
$12.26M

Agora, Inc.
API
Shares Held
534K
Value
$2.17M

Full Truck Alliance Co. Ltd.
YMM
Shares Held
411K
Value
$4.41M

H World Group Limited
HTHT
Shares Held
398K
Value
$18.74M

Yatsen Holding Limited
YSG
Shares Held
368K
Value
$1.43M

New Oriental Education & Technology Group Inc.
EDU
Shares Held
341K
Value
$18.74M

Tuniu Corporation
TOUR
Shares Held
314K
Value
$194.95K

TAL Education Group
TAL
Shares Held
309K
Value
$3.37M

Inventiva S.A.
IVA
Shares Held
256K
Value
$1.19M

Viridian Therapeutics, Inc.
VRDN
Shares Held
209K
Value
$6.50M

ACM Research, Inc.
ACMR
Shares Held
174K
Value
$6.88M

Generation Bio Co.
GBIO
Shares Held
106K
Value
$599.38K

Kymera Therapeutics, Inc.
KYMR
Shares Held
73K
Value
$5.71M

Passage Bio, Inc.
PASG
Shares Held
34K
Value
$404.75K
