Managers / Q2 2024 · 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 $291M in U.S.-listed holdings across 17 positions for Q2 2024.
The portfolio is heavily concentrated: PDD alone accounts for 23.0% of reported value.
Compared with Q1 2024, the fund opened 6 new positions and exited 9.
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 · 49.8% · $145M
- ADR · 36.2% · $105M
- ETP · 13.3% · $39M
- Other · 0.6% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AAPLAPPLE INC | NEW | +157.3K | 157.3K | +$33M | $33M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | NEW | +151.3K | 151.3K | +$26M | $26M |
| GDXVANECK VECTORS ETF TR | NEW | +300.0K | 300.0K | +$10M | $10M |
| XMESPDR SER TR | NEW | +60.0K | 60.0K | +$4M | $4M |
| FUTUFUTU HLDGS LTD | NEW | +15.0K | 15.0K | +$985,000 | $985,000 |
| PINDUODUO INC | NEW | +16.4K | 16.4K | +$319,000 | $319,000 |
| NVDANVIDIA CORPORATION | ADDED | +349.5K | 405.2K | −$265,000 | $50M |
| TSLATESLA INC | SOLD OUT | −265.1K | 0 | −$47M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PDDPINDUODUO INChistory → | SPONSORED ADS | 22.97% | $67M | 503.3K |
| 2 | NVDANVIDIA CORPORATIONhistory → | COM | 17.19% | $50M | 405.2K |
| 3 | METAFACEBOOK INChistory → | CL A | 16.02% | $47M | 92.5K |
| 4 | AAPLAPPLE INChistory → | COM | 11.37% | $33M | 157.3K |
| 5 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 9.03% | $26M | 151.3K |
| 6 | IBITISHARES BITCOIN TRhistory → | SHS | 8.63% | $25M | 736.6K |
| 7 | ISPRISPIRE TECHNOLOGY INChistory → | COM | 4.59% | $13M | 1.67M |
| 8 | GDXVANECK VECTORS ETF TRhistory → | GOLD MINERS ETF | 3.49% | $10M | 300.0K |
| 9 | BILIBILIBILI INChistory → | SPONS ADS REP Z | 2.12% | $6M | 400.0K |
| 10 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 1.73% | $5M | 70.0K |
| 11 | XMESPDR SER TRhistory → | S&P METALS MNG | 1.22% | $4M | 60.0K |
| 12 | FCXFREEPORT-MCMORAN INC | CL B | 0.42% | $1M | 25.0K |
| 13 | FUTUFUTU HLDGS LTD | SPONSORED ADS | 0.34% | $985,000 | 15.0K |
| 14 | ACBAURORA CANNABIS INC | COM | 0.24% | $693,000 | 150.0K |
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 ↗.