Yong Rong (HK) Asset Management Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Yong Rong (HK) Asset Management Ltd reported 17 stock positions worth $414.5 million. Its top holding was Nvidia (NVDA) at 16.8% of the portfolio, followed by Futu Holdings Ltd.-ADR (FUTU, 14.3%) and PDD (PDD, 12.6%). Compared with Q1 2025, it opened 7 new positions, sold out of 13, added to 4 and reduced 4. The biggest buy was a new position in PDD (PDD) and the biggest sale an exit from Robinhood Markets Class A (HOOD).
- Most Recent 13F
- Q2 2026
- Location
- SHEUNG WAN, K3
- CIK
- 0001738071
- Portfolio Value
- $414.5M (Q2 2025)
- SEC Filing
- 0001738071-25-000007 ↗ filed Aug 5, 2025
Holdings Value
Holdings 17 stocks · $414.5M
| NVDA Nvidia Corp. | 16.82% | 441,400 | $69.7M | Add +115.2% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 14.26% | 478,200 | $59.1M | Reduce -36.6% |
| PDD PDD Holdings Inc. | 12.57% | 497,900 | $52.1M | New |
| HIMS Hims & Hers Health Inc. | 11.42% | 949,800 | $47.3M | Reduce -60.4% |
| COIN Coinbase Global Inc. Class A | 9.02% | 106,700 | $37.4M | New |
| IBIT iShares Bitcoin Trust ETF | 7.38% | 500,000 | $30.6M | New |
| SLV iShares Silver Trust | 6.33% | 800,000 | $26.2M | Add +320.6% |
| CRCL Circle Internet Group Inc. | 4.81% | 110,000 | $19.9M | New |
| ETHA iShares Ethereum Trust ETF | 3.66% | 796,000 | $15.2M | New |
| RBRK Rubrik Inc. Class A | 2.71% | 125,300 | $11.2M | Add +17.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.33% | 19,000 | $9.7M | New |
| SUPX Superx AI Technology Ltd. | 1.83% | 750,000 | $7.6M | No change |
| INTC Intel Corp. | 1.60% | 297,000 | $6.7M | Add +296.0% |
| BTI British American Tob-SP ADR | 1.60% | 140,000 | $6.6M | New |
| META Meta Platforms Inc. Class A | 1.46% | 8,200 | $6.1M | Reduce -72.7% |
| GDX Vaneck Gold Miners ETF | 1.26% | 100,000 | $5.2M | Reduce -58.3% |
| ISPR Ispire Technology Inc. | 0.93% | 1,504,147 | $3.9M | No change |
Options reported separately and not counted above: INTEL CORP calls ($150K).
Portfolio Sells Q1 2025 → Q2 2025
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −10.29 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −9.05 |
| INOD Innodata Inc. | Sold out | 0.00% | −6.67 |
| HIMS Hims & Hers Health Inc. | Reduce -60.4% | 11.42% | −5.15 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −4.78 |
| U Unity Software Inc. | Sold out | 0.00% | −4.58 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -36.6% | 14.26% | −3.77 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −3.71 |
| API Agora Inc.-ADR | Sold out | 0.00% | −2.69 |
| META Meta Platforms Inc. Class A | Reduce -72.7% | 1.46% | −2.58 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −1.58 |
| ZS Zscaler Inc. | Sold out | 0.00% | −1.52 |
| GDX Vaneck Gold Miners ETF | Reduce -58.3% | 1.26% | −1.32 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.24 |
| ACMR Acm Research Inc. Class A | Sold out | 0.00% | −0.82 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.62 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −0.21 |
Portfolio Buys Q1 2025 → Q2 2025
| PDD PDD Holdings Inc. | New | 12.57% | +12.57 |
| NVDA Nvidia Corp. | Add +115.2% | 16.82% | +11.63 |
| COIN Coinbase Global Inc. Class A | New | 9.02% | +9.02 |
| IBIT iShares Bitcoin Trust ETF | New | 7.38% | +7.38 |
| SLV iShares Silver Trust | Add +320.6% | 6.33% | +4.95 |
| CRCL Circle Internet Group Inc. | New | 4.81% | +4.81 |
| ETHA iShares Ethereum Trust ETF | New | 3.66% | +3.66 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 2.33% | +2.33 |
| BTI British American Tob-SP ADR | New | 1.60% | +1.60 |
| INTC Intel Corp. | Add +296.0% | 1.60% | +1.21 |
| RBRK Rubrik Inc. Class A | Add +17.2% | 2.71% | +1.19 |
Options Activity Q1 2025 → Q2 2025
| ISHARES SILVER TR | call | Sold out | 10,000 | $1.4Mbefore exit |
| NIKE INC | call | Sold out | 24,195 | $575Kbefore exit |
| INTEL CORP | call | New | 10,000 | $150K |
| NVIDIA CORPORATION | call | Sold out | 5,000 | $5Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $117.1M | TSM, CRCL, PDD, GDX, SUNRISE NEW ENERGY CO LTD |
| Q1 2026 | 8 | $218.5M | CRCL, MU, KORU, SUPX, SNDK |
| Q4 2025 | 17 | $328.6M | CRCL, GOOG, SUPX, BULL, ETHA |
| Q3 2025 | 14 | $475.8M | SUPX, NVDA, ETHA, GOOG, ETHU |
| Q2 2025 | 17 | $414.5M | NVDA, FUTU, PDD, HIMS, COIN |
| Q1 2025 | 23 | $428.0M | FUTU, HIMS, HOOD, ZETA, INOD |
| Q4 2024 | 16 | $228.6M | BTDR, HIMS, AAOI, LEU, GDX |
| Q3 2024 | 20 | $342.1M | FUTU, MSTR, COIN, TSLA, META |
| Q2 2024 | 14 | $289.4M | PDD, NVDA, META, AAPL, TSM |
| Q1 2024 | 18 | $374.9M | NVDA, META, TSLA, IBIT, PDD |