# Yong Rong (HK) Asset Management Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1738071. Source: https://holderbook.com/funds/1738071-yong-rong-hk-asset-management-ltd/

- Reported value: $118.6M
- Positions: 15
- Weight of the ten largest: 99.8%
- Filed: 2026-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $74.0M | 155,000 | 62.4% | 1 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $16.6M | 265,700 | 14.0% | 5 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $13.0M | 170,000 | 10.9% | 3 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $7.5M | 100,000 | 6.4% | 1 |
| SUNRISE NEW ENERGY CO LTD | [EPOW](https://holderbook.com/stocks/EPOW/) | $4.3M | 7,000,000 | 3.6% | 3 |
| ISPIRE TECHNOLOGY INC | [ISPR](https://holderbook.com/stocks/ISPR/) | $1.7M | 1,504,147 | 1.4% | 13 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $455.0K | 0 | 0.4% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $292.0K | 0 | 0.2% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $288.0K | 0 | 0.2% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $220.0K | 0 | 0.2% | 1 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $100.0K | 0 | 0.1% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $76.0K | 0 | 0.1% | 1 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $50.0K | 0 | 0.0% | 4 |
| STRATEGY INC | [STRF](https://holderbook.com/stocks/STRF/) | $10.0K | 0 | 0.0% | 1 |
| POET TECHNOLOGIES INC | [POET](https://holderbook.com/stocks/POET/) | $2.0K | 100 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +64.5% | +14.8% | +49.6% | 98% |
| Q1 2026 | -9.5% | -4.6% | -4.9% | 98% |
| Q4 2025 | -33.6% | +2.4% | -36.0% | 100% |
| Q3 2025 | +27.9% | +7.8% | +20.1% | 100% |
| Q2 2025 | +48.7% | +10.5% | +38.3% | 98% |
| Q1 2025 | -21.4% | -4.6% | -16.8% | 100% |
| Q4 2024 | +20.2% | +2.1% | +18.1% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $118.6M | 15 |
| Q1 2026 | $227.0M | 10 |
| Q4 2025 | $329.8M | 23 |
| Q3 2025 | $488.4M | 21 |
| Q2 2025 | $414.7M | 18 |
| Q1 2025 | $430.0M | 26 |
| Q4 2024 | $230.7M | 24 |
| Q3 2024 | $345.8M | 23 |
| Q2 2024 | $291.3M | 17 |
| Q1 2024 | $375.8M | 20 |
| Q4 2023 | $266.4M | 16 |
| Q3 2023 | $108.7M | 14 |