SEC 13F Intelligence

Managers / Q1 2026

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
$227M
Q1 2026
Positions
10
Filings on Record
30
2019–present window
Filed
May 5, 2026
original filing

Summary

Yong Rong (Hk) Asset Management Ltd reported $227M in U.S.-listed holdings across 10 positions for Q1 2026.

The portfolio is heavily concentrated: CRCL alone accounts for 48.5% of reported value.

Compared with Q4 2025, the fund opened 3 new positions and exited 16.

Portfolio Metrics

Turnover
+40.2%
vs prior filed quarter
Largest Position
+48.5%
Circle Internet
New / Exited
3 / 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: 75.3%Other: 13.7%ETP: 8.8%ADR: 2.3%
  • Common Stock · 75.3% · $171M
  • Other · 13.7% · $31M
  • ETP · 8.8% · $20M
  • ADR · 2.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUMICRON TECHNOLOGY INCNEW+134.9K134.9K+$46M$46M
KORUDIREXION SHARES ETF TRUSTNEW+70.0K70.0K+$20M$20M
PINDUODUO INCNEW+1.0K1.0K+$353,000$353,000
GOOGALPHABET INCSOLD OUT−149.8K0−$47M$0
BULLWEBULL CORPSOLD OUT−5.00M0−$39M$0
ETHAISHARES ETHEREUM TRSOLD OUT−1.47M0−$33M$0
XPEVXPENG INCSOLD OUT−1.59M0−$32M$0
SILGLOBAL X FDSSOLD OUT−120.0K0−$10M$0

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

Holdings — Q1 2026

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CRCLCIRCLE INTERNET GROUP INChistory →COM CL A48.46%$110M1.15M
2MUMICRON TECHNOLOGY INChistory →COM20.08%$46M134.9K
3KORUDIREXION SHARES ETF TRUSThistory →DAILY MSCI SOUTH8.76%$20M70.0K
4SUPERX AI TECHNOLOGY LTDUSD ORD SHS NEW7.54%$17M2.14M
5SNDKSANDISK CORPhistory →COM5.57%$13M19.9K
6SUNRISE NEW ENERGY CO LTDORD CL A SHS2.38%$5M7.00M
7PDDPINDUODUO INChistory →SPONSORED ADS2.25%$5M50.0K
8ISPRISPIRE TECHNOLOGY INChistory →COM1.22%$3M1.50M

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 ↗.