% of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 1,862,554,166 shares (as of 2025-12-31, source company_meta:diluted-was-fallback). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for YSG in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | HHLR ADVISORS, LTD.tracked | 4,885,8734.9M | $15M | — | — |
| 2 | MORGAN STANLEY | 3,261,4573.3M | $10M | — | TRIM -8% |
| 3 | BANK OF AMERICA CORP /DE/ | 1,625,0751.6M | $5M | — | TRIM -3% |
| 4 | Yiheng Capital Management, L.P. | 797,866797,866 | $2M | — | ADD 117% |
| 5 | RENAISSANCE TECHNOLOGIES LLC | 612,593612,593 | $2M | — | ADD 18% |
| 6 | Perseverance Asset Management International | 529,993529,993 | $2M | — | — |
| 7 | GOLDMAN SACHS GROUP INC | 437,934437,934 | $1M | — | — |
| 8 | Connor, Clark & Lunn Investment Management Ltd. | 417,730417,730 | $1M | — | — |
| 9 | Point72 Asset Management, L.P. | 253,269253,269 | $780,069 | — | TRIM -48% |
| 10 | BARCLAYS PLC | 239,529239,529 | $737,749 | — | TRIM -14% |
| 11 | HELIOS CAPITAL MANAGEMENT PTE. LTD | 200,000200,000 | $616,000 | — | — |
| 12 | CITIGROUP INC | 149,172149,172 | $459,450 | — | TRIM -2% |
| 13 | CITADEL ADVISORS LLC | 123,455123,455 | $380,241 | — | TRIM -35% |
| 14 | STATE STREET CORP | 106,887106,887 | $329,212 | — | TRIM -8% |
| 15 | HSBC HOLDINGS PLC | 88,08688,086 | $270,424 | — | TRIM -54% |
| 16 | GSA CAPITAL PARTNERS LLP | 66,32566,325 | $204,000 | — | ADD 13% |
| 17 | MILLENNIUM MANAGEMENT LLC | 62,92662,926 | $193,812 | — | TRIM -52% |
| 18 | Invesco Ltd. | 51,52451,524 | $158,694 | — | TRIM -3% |
| 19 | TWO SIGMA INVESTMENTS, LP | 47,62047,620 | $146,670 | — | ADD 39% |
| 20 | UBS Group AG | 46,72446,724 | $143,910 | — | TRIM -46% |
| 21 | Oasis Management Co Ltd. | 45,00045,000 | $138,600 | — | — |
| 22 | XTX Topco Ltd | 39,50139,501 | $121,663 | — | TRIM -41% |
| 23 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 34,94134,941 | $107,618 | — | — |
| 24 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 34,14134,141 | $105,154 | — | TRIM -81% |
| 25 | Headlands Technologies LLC | 32,35232,352 | $99,644 | — | NEW |
| 26 | BNP PARIBAS FINANCIAL MARKETS | 27,42027,420 | $84,454 | — | TRIM -5% |
| 27 | JANE STREET GROUP, LLC | 27,31727,317 | $84,136 | — | TRIM -62% |
| 28 | MARSHALL WACE, LLP | 24,51624,516 | $75,511 | — | NEW |
| 29 | Qube Research & Technologies Ltd | 21,63121,631 | $66,623 | — | TRIM -76% |
| 30 | DIVERSIFY WEALTH MANAGEMENT, LLC | 23,22023,220 | $64,087 | — | TRIM -81% |
| 31 | Persistent Asset Partners Ltd | 20,15120,151 | $62,065 | — | ADD 95% |
| 32 | BlackRock, Inc. | 12,82012,820 | $39,486 | — | TRIM -73% |
| 33 | HRT FINANCIAL LP | 11,68611,686 | $35,000 | — | NEW |
| 34 | Pinpoint Asset Management (Singapore) Pte. Ltd. | 9,8139,813 | $30,224 | — | TRIM -63% |
| 35 | Police & Firemen's Retirement System of New Jersey | 5,9255,925 | $18,249 | — | TRIM -51% |
| 36 | ACADIAN ASSET MANAGEMENT LLC | 5,9255,925 | $18,000 | — | TRIM -90% |
| 37 | RHUMBLINE ADVISERS | 2,7202,720 | $8,376 | — | — |
| 38 | Tower Research Capital LLC (TRC) | 2,6722,672 | $8,230 | — | ADD 5709% |
| 39 | SIMPLEX TRADING, LLC | 1,9001,900 | $5,852 | — | NEW |
| 40 | Smartleaf Asset Management LLC | 1,0951,095 | $3,252 | — | TRIM -74% |
| 41 | ROYAL BANK OF CANADA | 781781 | $2,000 | — | ADD 30% |
| 42 | SBI Securities Co., Ltd. | 516516 | $1,589 | — | ADD 7% |
| 43 | GROUP ONE TRADING LLC | 262262 | $807 | — | NEW |
| 44 | CWM, LLC | 122122 | $376 | — | TRIM -100% |
| 45 | Steward Partners Investment Advisory, LLC | 4040 | $123 | — | — |
| 46 | OSAIC HOLDINGS, INC. | 33 | $9 | — | TRIM -96% |
| 47 | Caitong International Asset Management Co., Ltd | 22 | $6 | — | TRIM -91% |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| HHLR ADVISORS, LTD.tracked | 6.9M | 6.9M | 6.1M | 4.9M | 4.9M | 4.9M | $15M |
| MORGAN STANLEY | 2.1M | 2.0M | 3.0M | 3.5M | 3.5M | 3.3M | $10M |
| BANK OF AMERICA CORP /DE/ | 11K | 13K | 4K | 1.8M | 1.7M | 1.6M | $5M |
| Yiheng Capital Management, L.P. | 11K | 96K | 96K | 96K | 368K | 798K | $2M |
| RENAISSANCE TECHNOLOGIES LLC | 553K | 546K | 541K | 541K | 518K | 613K | $2M |
| Perseverance Asset Management International | — | — | — | — | 530K | 530K | $2M |
| GOLDMAN SACHS GROUP INC | 28K | 29K | 83K | 454K | 443K | 438K | $1M |
| Connor, Clark & Lunn Investment Management Ltd. | 114K | 155K | 213K | 432K | 422K | 418K | $1M |
| Point72 Asset Management, L.P. | — | 25K | 219K | 199K | 490K | 253K | $780,069 |
| BARCLAYS PLC | 174K | 248K | 135K | 163K | 278K | 240K | $737,749 |
| HELIOS CAPITAL MANAGEMENT PTE. LTD | 200K | 200K | 200K | 200K | 200K | 200K | $616,000 |
| CITIGROUP INC | — | — | 3K | 6K | 153K | 149K | $459,450 |
| CITADEL ADVISORS LLC | 107K | 75K | 30K | 102K | 190K | 123K | $380,241 |
| STATE STREET CORP | 91K | 92K | 99K | 109K | 116K | 107K | $329,212 |
| HSBC HOLDINGS PLC | — | — | — | — | 191K | 88K | $270,424 |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 47 | 14,390,510 | — | $44M |
| 2025-Q4 | 53 | 15,443,544 | — | $60M |
| 2025-Q3 | 65 | 15,267,846 | — | $138M |
| 2025-Q2 | 47 | 13,386,688 | — | $129M |
| 2025-Q1 | 35 | 11,766,104 | — | $57M |
| 2024-Q4 | 35 | 11,178,345 | — | $44M |
| 2024-Q3 | 30 | 9,098,098 | — | $31M |
| 2024-Q2 | 27 | 9,104,939 | — | $24M |
| 2024-Q1 | 35 | 11,581,948 | — |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Yiheng Capital Management, L.P. | +429,519 | $1M | ADD |
| RENAISSANCE TECHNOLOGIES LLC | +94,286 | $290,401 | ADD |
| Headlands Technologies LLC | +32,352 | $99,644 | OPEN |
| MARSHALL WACE, LLP | +24,516 | $75,509 | OPEN |
| TWO SIGMA INVESTMENTS, LP | +13,470 | $41,488 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| MORGAN STANLEY | −280,155 | $862,877 | TRIM |
| Point72 Asset Management, L.P. | −236,245 | $727,635 | TRIM |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | −144,986 | $446,557 | TRIM |
| HSBC HOLDINGS PLC | −103,336 | $318,275 | TRIM |
| DIVERSIFY WEALTH MANAGEMENT, LLC | −97,581 | $300,549 | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| $24M |
