Yong Rong (HK) Asset Management
SHEUNG WAN, K3files as Yong Rong (HK) Asset Management Ltd
$117m in 7 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 79.7% of the portfolio this quarter.
Value
$117m
Stocks
7
Top 10 share
100.0%
Turnover
79.7%
What changed this quarter
New
Bought for the first time this quarter.
- Taiwan Semiconductor ManufacturingTSM63.2% of the fund
- Vaneck ETF TrustGDX6.4% of the fund
- Poet TechnologiesPOET<0.1% of the fund
Added
Bought more of a stock they already held.
- PDD HoldingsPDD11.1% of the fund+240%
Cut
Sold some of their stake.
- Circle Internet GroupCRCL14.2% of the fund-77%
Sold out
Sold their entire stake.
- Micron TechnologyMU-100%
- Direxion Shares ETF TrustKORU-100%
- SuperX AI TechnologySUPX-100%
- SandiskSNDK-100%
Holdings
- PDD HoldingsPDD
- Share
- 11.1%
- Value
- $13m
- Shares
- 170,000
+240%
- Vaneck ETF TrustGDX
- Share
- 6.4%
- Value
- $8m
- Shares
- 100,000
New
- Sunrise New Energy
- Share
- 3.6%
- Value
- $4m
- Shares
- 7,000,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 63.2% | $74m | 155,000 | New |
| Circle Internet GroupCRCL | 14.2% | $17m | 265,700 | -77% |
| PDD HoldingsPDD | 11.1% | $13m | 170,000 | +240% |
| Vaneck ETF TrustGDX | 6.4% | $8m | 100,000 | New |
| Sunrise New Energy | 3.6% | $4m | 7,000,000 | Held |
| Ispire TechnologyISPR | 1.4% | $2m | 1,504,147 | Held |
| Poet TechnologiesPOET | <0.1% | $2,000 | 100 | New |
Options (8)
- Ford MTR
- Type
- Call
- Value
- $455,000
- Contracts
- 121,647
- Nvidia
- Type
- Call
- Value
- $292,000
- Contracts
- 11,000
- PDD Holdings
- Type
- Call
- Value
- $288,000
- Contracts
- 41,000
- Alphabet
- Type
- Call
- Value
- $220,000
- Contracts
- 10,000
- Coinbase Global
- Type
- Call
- Value
- $100,000
- Contracts
- 10,000
- Alibaba Group Hldg
- Type
- Call
- Value
- $76,000
- Contracts
- 9,148
- Circle Internet Group
- Type
- Call
- Value
- $50,000
- Contracts
- 5,000
- Strategy
- Type
- Call
- Value
- $10,000
- Contracts
- 5,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ford MTR | Call | $455,000 | 121,647 |
| Nvidia | Call | $292,000 | 11,000 |
| PDD Holdings | Call | $288,000 | 41,000 |
| Alphabet | Call | $220,000 | 10,000 |
| Coinbase Global | Call | $100,000 | 10,000 |
| Alibaba Group Hldg | Call | $76,000 | 9,148 |
| Circle Internet Group | Call | $50,000 | 5,000 |
| Strategy | Call | $10,000 | 5,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 71.7% since 30 June 2025.
Where the money is
Technology63.2%
Financial services14.2%
Everyday goods1.4%
Other21.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.