Managers / Q3 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
Summary
Yong Rong (Hk) Asset Management Ltd reported $488M in U.S.-listed holdings across 21 positions for Q3 2025.
The portfolio is heavily concentrated: Super X Ai Technology Limited alone accounts for 32.6% of reported value.
Compared with Q2 2025, the fund opened 14 new positions and exited 11.
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 · 44.4% · $217M
- Other · 35.2% · $172M
- ETP · 20.4% · $100M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GOOGALPHABET INC | NEW | +200.0K | 200.0K | +$49M | $49M |
| VOLATILITY SHS TR | NEW | +280.0K | 280.0K | +$36M | $36M |
| PYPLPAYPAL HLDGS INC | NEW | +478.0K | 478.0K | +$32M | $32M |
| UBERUBER TECHNOLOGIES INC | NEW | +96.0K | 96.0K | +$9M | $9M |
| SILGLOBAL X FDS | NEW | +120.0K | 120.0K | +$9M | $9M |
| UUNITY SOFTWARE INC | NEW | +200.0K | 200.0K | +$8M | $8M |
| NVIDIA CORPORATION | NEW | +78.0K | 78.0K | +$5M | $5M |
| ISHARES BITCOIN TRUST ETF | NEW | +25.0K | 25.0K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SUPER X AI TECHNOLOGY LIMITED | USD ORD SHS NEW | 32.63% | $159M | 2.47M |
| 2 | NVDANVIDIA CORPORATIONhistory → | COM | 11.46% | $56M | 300.0K |
| 3 | ETHAISHARES ETHEREUM TRhistory → | SHS | 10.42% | $51M | 1.61M |
| 4 | GOOGALPHABET INChistory → | CAP STK CL C | 9.97% | $49M | 200.0K |
| 5 | VOLATILITY SHS TR | 2X ETHER ETF NEW | 7.45% | $36M | 280.0K |
| 6 | PYPLPAYPAL HLDGS INChistory → | COM | 6.56% | $32M | 478.0K |
| 7 | CRCLCIRCLE INTERNET GROUP INChistory → | COM CL A | 6.56% | $32M | 241.5K |
| 8 | RBRKRUBRIK INC.history → | CL A | 5.05% | $25M | 300.0K |
| 9 | UBERUBER TECHNOLOGIES INChistory → | COM | 1.93% | $9M | 96.0K |
| 10 | SILGLOBAL X FDShistory → | GLOBAL X SILVER | 1.76% | $9M | 120.0K |
| 11 | UUNITY SOFTWARE INChistory → | COM | 1.64% | $8M | 200.0K |
| 12 | ISPRISPIRE TECHNOLOGY INC | COM | 0.79% | $4M | 1.50M |
| 13 | GDXVANECK VECTORS ETF TR | GOLD MINERS ETF | 0.78% | $4M | 50.0K |
| 14 | SMMTSUMMIT THERAPEUTICS INC | COM | 0.42% | $2M | 100.0K |
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 ↗.