SEC 13F Intelligence

Managers / Q2 2025 · 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

Reported Value
$415M
Q2 2025
Positions
18
Filings on Record
30
2019–present window
Filed
Aug 5, 2025
original filing

Summary

Yong Rong (Hk) Asset Management Ltd reported $415M in U.S.-listed holdings across 18 positions for Q2 2025.

Its largest position, NVDA, represents 16.8% of the portfolio.

Compared with Q1 2025, the fund opened 8 new positions and exited 16.

Portfolio Metrics

Turnover
+59.2%
vs prior filed quarter
Top-10 Concentration
+89.0%
share of reported value
Largest Position
+16.8%
Nvidia Corporation
New / Exited
8 / 16
positions this quarter

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

13F Reported Value
Q4 ’18: $148MQ4 ’18Q1 ’19: $325MQ2 ’19: $69MQ3 ’19: $82MQ4 ’19: $75MQ4 ’19Q1 ’20: $61MQ2 ’20: $114MQ3 ’20: $147MQ4 ’20: $371MQ4 ’20Q1 ’21: $365MQ2 ’21: $402MQ3 ’21: $153MQ4 ’21: $127MQ4 ’21Q1 ’22: $71MQ2 ’22: $128MQ3 ’22: $31MQ1 ’23: $178MQ1 ’23Q2 ’23: $228MQ3 ’23: $109MQ4 ’23: $266MQ1 ’24: $376MQ1 ’24Q2 ’24: $291MQ3 ’24: $346MQ4 ’24: $231MQ1 ’25: $430MQ1 ’25Q2 ’25: $415MQ3 ’25: $488MQ4 ’25: $330MQ1 ’26: $227MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 51.1%ADR: 28.4%ETP: 18.6%Other: 1.9%
  • Common Stock · 51.1% · $212M
  • ADR · 28.4% · $118M
  • ETP · 18.6% · $77M
  • Other · 1.9% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PDDPINDUODUO INCNEW+497.9K497.9K+$52M$52M
COINCOINBASE GLOBAL INCNEW+106.7K106.7K+$37M$37M
IBITISHARES BITCOIN TRNEW+500.0K500.0K+$31M$31M
CRCLCIRCLE INTERNET GROUP INCNEW+110.0K110.0K+$20M$20M
ETHAISHARES ETHEREUM TRNEW+796.0K796.0K+$15M$15M
CRWDCROWDSTRIKE HLDGS INCNEW+19.0K19.0K+$10M$10M
BTIBRITISH AMERN TOB PLCNEW+140.0K140.0K+$7M$7M
INTEL CORPNEW+10.0K10.0K+$150,000$150,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM16.82%$70M441.4K
2FUTUFUTU HLDGS LTDhistory →SPONSORED ADS14.25%$59M478.2K
3PDDPINDUODUO INChistory →SPONSORED ADS12.57%$52M497.9K
4HIMSHIMS & HERS HEALTH INChistory →COM CL A11.42%$47M949.8K
5COINCOINBASE GLOBAL INChistory →COM CL A9.02%$37M106.7K
6IBITISHARES BITCOIN TRhistory →SHS7.38%$31M500.0K
7SLVISHARES SILVER TRhistory →ISHARES6.33%$26M800.0K
8CRCLCIRCLE INTERNET GROUP INChistory →COM CL A4.81%$20M110.0K
9ETHAISHARES ETHEREUM TRhistory →SHS3.66%$15M796.0K
10RBRKRUBRIK INC.history →CL A2.71%$11M125.3K
11CRWDCROWDSTRIKE HLDGS INChistory →CL A2.33%$10M19.0K
12JUNEE LIMITEDUSD ORD SHS NEW1.83%$8M750.0K
13INTCINTEL CORPhistory →COM1.60%$7M297.0K
14BTIBRITISH AMERN TOB PLChistory →SPONSORED ADR1.60%$7M140.0K
15METAFACEBOOK INChistory →CL A1.46%$6M8.2K
16GDXVANECK VECTORS ETF TRhistory →GOLD MINERS ETF1.26%$5M100.0K
17ISPRISPIRE TECHNOLOGY INCCOM0.93%$4M1.50M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$227M10May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$330M23Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$488M21Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$415M18Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$430M26Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$231M24Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$346M23Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$291M17Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$376M20May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$266M16Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$109M14Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$228M21Jul 25, 202313F-HRchanges · EDGAR ↗
Q1 2023$178M16Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review15Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$31M8Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$128M18Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$71M7May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$127M16Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$153M14Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$402M18Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$365M15May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$371M16Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$147M10Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$114M14Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$61M14Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$75M14Feb 19, 202013F-HRchanges · EDGAR ↗
Q3 2019$82M13Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$69M19Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$325M25May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$148M18Feb 14, 201913F-HRchanges · 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 ↗.