Managers / Q1 2023 · view latest →
Yong Rong (HK) Asset Management Ltd
CIK 0001738071 · UNIT 1702, 17/F, INFINITUS PLAZA, 199 DES VOEUX ROAD CENTRAL, SHEUNG WAN, K3, 000000 · 85236203247
Summary
Yong Rong (Hk) Asset Management Ltd reported $178M in U.S.-listed holdings across 16 positions for Q1 2023.
The portfolio is heavily concentrated: STAA alone accounts for 25.0% of reported value.
Compared with Q4 2022, the fund opened 9 new positions and exited 7.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 44.0% · $79M
- ADR · 43.7% · $78M
- ETP · 7.3% · $13M
- Other · 5.0% · $9M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STAASTAAR SURGICAL CO | NEW | +696.2K | 696.2K | +$45M | $45M |
| PDDPINDUODUO INC | NEW | +519.7K | 519.7K | +$39M | $39M |
| LKNCYLUCKIN COFFEE INC | NEW | +1.05M | 1.05M | +$29M | $29M |
| NVDANVIDIA CORPORATION | NEW | +68.5K | 68.5K | +$19M | $19M |
| SUPER MICRO COMPUTER INC | NEW | +89.8K | 89.8K | +$10M | $10M |
| STNGSCORPIO TANKERS INC | NEW | +90.0K | 90.0K | +$5M | $5M |
| FRONTLINE LTD | NEW | +205.0K | 205.0K | +$3M | $3M |
| SNOWSNOWFLAKE INC | NEW | +2.4K | 2.4K | +$371,000 | $371,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | STAASTAAR SURGICAL COhistory → | COM PAR $0.01 | 24.95% | $45M | 696.2K |
| 2 | PDDPINDUODUO INChistory → | SPONSORED ADS | 22.11% | $39M | 519.7K |
| 3 | LKNCYLUCKIN COFFEE INChistory → | SPONSORED ADS | 16.11% | $29M | 1.05M |
| 4 | NVDANVIDIA CORPORATIONhistory → | COM | 10.66% | $19M | 68.5K |
| 5 | GDXVANECK VECTORS ETF TRhistory → | GOLD MINERS ETF | 7.25% | $13M | 400.0K |
| 6 | SUPER MICRO COMPUTER INC | COM | 5.36% | $10M | 89.8K |
| 7 | RLXRLX TECHNOLOGY INChistory → | SPONSORED ADS | 4.06% | $7M | 2.50M |
| 8 | STNGSCORPIO TANKERS INChistory → | SHS | 2.84% | $5M | 90.0K |
| 9 | FRONTLINE LTD | SHS NEW | 1.90% | $3M | 205.0K |
| 10 | YATSEN HLDG LTD | ADS | 1.66% | $3M | 2.00M |
| 11 | LUFAX HOLDING LTD | ADS REP SHS CL A | 1.14% | $2M | 1.00M |
| 12 | REREATRENEW INC | SPONSORED ADS | 0.85% | $2M | 500.0K |
| 13 | BZKANZHUN LIMITED | SPONSORED ADS | 0.53% | $952,000 | 50.0K |
| 14 | SNOWSNOWFLAKE INC | CL A | 0.21% | $371,000 | 2.4K |
| 15 | GENETRON HLDGS LTD | ADS | 0.19% | $339,000 | 322.1K |
| 16 | VALENS SEMICONDUCTOR LTD | ORDINARY SHARES | 0.15% | $263,000 | 82.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $227M | 10 | May 5, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $330M | 23 | Jan 30, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $488M | 21 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $415M | 18 | Aug 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $430M | 26 | Apr 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $231M | 24 | Feb 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $346M | 23 | Oct 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $291M | 17 | Jul 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $376M | 20 | May 2, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $266M | 16 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $109M | 14 | Oct 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $228M | 21 | Jul 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $178M | 16 | Apr 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 15 | Jan 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $31M | 8 | Oct 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $128M | 18 | Jul 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $71M | 7 | May 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $127M | 16 | Feb 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $153M | 14 | Oct 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $402M | 18 | Aug 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $365M | 15 | May 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $371M | 16 | Feb 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $147M | 10 | Nov 3, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $114M | 14 | Aug 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $61M | 14 | Apr 28, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $75M | 14 | Feb 19, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $82M | 13 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $69M | 19 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $325M | 25 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $148M | 18 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.