Yiheng Capital Management L P's Q4 2024 13F: 2 new positions
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 11, 2025 · 19 reported positions · accession 0001941040-25-000114
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | BILIBILI INC (BILI) | 27.3% | 19.7% | −7.7 pts | −1.42M sh | −22% |
| New | MOBILEYE GLOBAL INC (MBLY) | — | 3.3% | +3.3 pts | +750K sh | new |
| Reduced | H WORLD GROUP LTD (HTHT) | 11.0% | 9.5% | −1.5 pts | −298K sh | −19% |
| Reduced | BEAM THERAPEUTICS INC (BEAM) | 3.5% | 2.3% | −1.1 pts | −338K sh | −44% |
| Increased | ATRENEW INC (RERE) | 0.8% | 2.0% | +1.2 pts | +1.64M sh | +108% |
| Increased | ROBLOX CORP (RBLX) | 4.1% | 7.3% | +3.3 pts | +72,882 sh | +15% |
| Reduced | AKERO THERAPEUTICS INC (AKRO) | 4.0% | 4.1% | +0.1 pts | −92,624 sh | −12% |
| Increased | DENALI THERAPEUTICS INC (DNLI) | 3.2% | 3.2% | −0.1 pts | +100K sh | +17% |
| Reduced | VIRIDIAN THERAPEUTICS INC (VRDN) | 3.6% | 3.2% | −0.4 pts | −97,630 sh | −12% |
| Increased | ACM RESH INC (ACMR) | 2.5% | 2.3% | −0.2 pts | +14,300 sh | +2% |
| New | YATSEN HLDG LTD (YSG) | — | 0.0% | 0.0 pts | +10,508 sh | new |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- DBV TECHNOLOGIES S A (DBVT): 23306J200 → 23306J309, 3.15M → 656K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 88.4% of the equity book
Changes in the top 10 this quarter: MBLY entered · BEAM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BILIBILI INC (BILI) | 27.3% | 19.7% | |
| 2 | NOAH HLDGS LTD (NOAH) | 15.3% | 17.4% | |
| 3 | JD.COM INC (JD) | 11.2% | 11.6% | |
| 4 | H WORLD GROUP LTD (HTHT) | 11.0% | 9.5% | |
| 5 | NEW ORIENTAL ED & TECHNOLOGY (EDU) | 7.3% | 7.4% | |
| 6 | ROBLOX CORP (RBLX) | 4.1% | 7.3% | |
| 7 | TAL EDUCATION GROUP (TAL) | 4.8% | 4.9% | |
| 8 | AKERO THERAPEUTICS INC (AKRO) | 4.0% | 4.1% | |
| 9 | MOBILEYE GLOBAL INC (MBLY) | 0.0% | 3.3% | Entered the top 10 |
| 10 | VIRIDIAN THERAPEUTICS INC (VRDN) | 3.6% | 3.2% | |
| — | BEAM THERAPEUTICS INC (BEAM) | 3.5% | 2.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Increased | JD.COM INC (JD) | Call | 18.94M | 38.47M | $1.33B |
| New | ASTERA LABS INC (ALAB) | Put | 0 | 818K | $108M |
| New | SUPER MICRO COMPUTER INC (SMCI) | Put | 0 | 900K | $27.4M |
| Increased | BILIBILI INC (BILI) | Call | 27.74M | 37.32M | $676M |