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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs

Institutional Manager · CIK 0001447228

Yiheng Capital Management, L.P.

San Francisco, CA · File #028-17375

Latest AUM
$494.3M
Positions
24
Top-10 Concentration
90.4%
Filings
13

Sector Allocation

Technology
53.4%$264.2M
Financials
13.6%$67.4M
Healthcare
2.7%$13.2M
Industrials
2.4%$11.8M

Filing History

View all filings →

Top 20 Holdings — Dec 2025

#IssuerTickerSharesValue% of Portfolio
1ASTERA LABS INCALAB1,427,500$237.5M48.04%
2NOAH HLDGS LTDNOAH6,717,351$67.4M13.64%
3BILIBILI INCBLBLF1,148,898$28.3M5.72%
4JD.COM INCJDCMF687,413$19.7M3.99%
5NEW ORIENTAL ED & TECHNOLOGY647581206340,629$18.7M3.79%
6H WORLD GROUP LTDHWLDF398,371$18.7M3.79%
7ATRENEW INCRERE3,163,117$16.8M3.39%
8VIASAT INCVSAT455,600$15.7M3.18%
9DBV TECHNOLOGIES S ADBVTF639,769$12.3M2.48%
10UL SOLUTIONS INCULS150,000$11.8M2.39%
11PONY AI INCPYAIF653,215$9.5M1.92%
12ACM RESH INC00108J109174,447$6.9M1.39%
13VIRIDIAN THERAPEUTICS INCVRDN208,735$6.5M1.31%
14KYMERA THERAPEUTICS INCKYMR73,440$5.7M1.16%
15SILVACO GROUP INCSVCO1,096,282$4.4M0.90%
16FULL TRUCK ALLIANCE CO LTDYMM411,143$4.4M0.89%
17TAL EDUCATION GROUPTAL309,240$3.4M0.68%
18AGORA INCAPI533,547$2.2M0.44%
19YATSEN HLDG LTDYSG368,347$1.4M0.29%
20INVENTIVA SAIVEVF255,915$1.2M0.24%