Y-Intercept (Hong Kong) Ltd

Diversified mechanical Mechanical CIK 1772875
League rank
#65
in Diversified mechanical · #1697 overall
Long book
$5.27B
Q1 2026
Positions
1496
Top-10 weight
7%
concentration
Last quarter
+14.8%
SPY +14.8%
Turnover
62%
of book per quarter

Strategy in plain words

auto-generated from filings

Y-Intercept (Hong Kong) Ltd is a mechanically diversified allocator, running a $5.27B US long book across 1496 positions.

The portfolio is broadly diversified across 1496 positions (top 10 only 7%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: APPLE INC, MICRON TECHNOLOGY INC, MICROSOFT CORP, DOORDASH INC - A, ELI LILLY & CO.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.9%
Q2 2024
+6.1%
Q3 2024
+0.4%
Q4 2024
-2.6%
Q1 2025
+10.9%
Q2 2025
+9.7%
Q3 2025
+0.9%
Q4 2025
-0.2%
Q1 2026
+14.8%

Sector allocation

Technology
22%
Industrials
16%
Financials
15%
Healthcare
10%
Consumer discretionary
8%
Services media
7%
Other
7%
Materials
6%

Long book by quarter

$1.33B
Q1 2024
$1.82B
Q2 2024
$1.63B
Q3 2024
$1.50B
Q4 2024
$1.48B
Q1 2025
$4.09B
Q2 2025
$4.17B
Q3 2025
$4.47B
Q4 2025
$5.27B
Q1 2026

What does Y-Intercept (Hong own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology221.2K$56.1M1.1%-17.7%
MU MICRON TECHNOLOGY INCTechnology127.1K$42.9M0.8%New
MSFT MICROSOFT CORPTechnology104.0K$38.5M0.7%-1.5%
DASH DOORDASH INC - AServices media219.5K$33.0M0.6%New
LLY ELI LILLY & COHealthcare33.0K$30.3M0.6%New
SNDK SANDISK CORPTechnology47.5K$30.2M0.6%New
COF CAPITAL ONE FINANCIAL CORPFinancials158.2K$28.9M0.5%New
EMR EMERSON ELECTRIC COIndustrials218.8K$28.7M0.5%New
BSX BOSTON SCIENTIFIC CORPHealthcare450.3K$28.3M0.5%+621.0%
GOOGL ALPHABET INC-CL ATechnology96.7K$27.8M0.5%New
RBLX ROBLOX CORP -CLASS ATechnology472.1K$26.7M0.5%+45.1%
LRCX LAM RESEARCH CORPIndustrials124.0K$26.5M0.5%New
NOW SERVICENOW INCTechnology239.6K$25.0M0.5%+701.1%
V VISA INC-CLASS A SHARESServices media74.5K$22.5M0.4%New
JPM JPMORGAN CHASE & COFinancials75.7K$22.3M0.4%+54.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples133.9K$22.1M0.4%New
ABBV ABBVIE INCHealthcare93.7K$20.4M0.4%New
ADBE ADOBE INCTechnology83.3K$20.2M0.4%+247.9%
CSCO CISCO SYSTEMS INCTechnology255.4K$19.8M0.4%+232.5%
AZO AUTOZONE INCConsumer discretionary5.8K$19.5M0.4%-22.0%
SPGI S&P GLOBAL INCServices media45.5K$19.3M0.4%New
ZS ZSCALER INCTechnology136.6K$19.2M0.4%+190.9%
BKNG BOOKING HOLDINGS INCIndustrials4.5K$19.0M0.4%New
ULTA ULTA BEAUTY INCConsumer discretionary36.2K$18.9M0.4%New
SCCO SOUTHERN COPPER CORPMaterials108.5K$18.7M0.4%New
HD HOME DEPOT INCConsumer discretionary53.8K$17.7M0.3%+273.3%
WDAY WORKDAY INC-CLASS ATechnology135.6K$17.6M0.3%+3001.5%
B BARRICK MINING CORPMaterials431.2K$17.6M0.3%New
WPM WHEATON PRECIOUS METALS CORPMaterials134.2K$17.6M0.3%New
PAAS PAN AMERICAN SILVER CORPMaterials316.5K$17.3M0.3%New
APP APPLOVIN CORP-CLASS ATechnology43.4K$17.3M0.3%+1763.7%
AMD ADVANCED MICRO DEVICESTechnology84.7K$17.2M0.3%+425.8%
APH AMPHENOL CORP-CL ATechnology132.8K$16.8M0.3%+587.1%
TEAM ATLASSIAN CORP-CL ATechnology242.3K$16.5M0.3%+424.1%
MDB MONGODB INCTechnology67.3K$16.5M0.3%+1134.1%
ORCL ORACLE CORPTechnology109.1K$16.0M0.3%New
VRTX VERTEX PHARMACEUTICALS INCHealthcare35.8K$16.0M0.3%New
ECL ECOLAB INCOther60.1K$16.0M0.3%+135.7%
CMI CUMMINS INCIndustrials29.6K$15.9M0.3%New
WMT WALMART INCConsumer discretionary126.1K$15.7M0.3%+1891.0%
HUBS HUBSPOT INCTechnology63.7K$15.5M0.3%+516.3%
META META PLATFORMS INC-CLASS ATechnology26.7K$15.3M0.3%New
ISRG INTUITIVE SURGICAL INCHealthcare32.0K$14.7M0.3%New
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials53.0K$14.6M0.3%New
GILD GILEAD SCIENCES INCHealthcare104.3K$14.5M0.3%New
DHR DANAHER CORPTechnology76.3K$14.5M0.3%New
SPOT SPOTIFY TECHNOLOGY SACommunications29.7K$14.4M0.3%+399.6%
MCK MCKESSON CORPConsumer discretionary16.7K$14.4M0.3%+3836.6%
UBER UBER TECHNOLOGIES INCServices media199.4K$14.3M0.3%+481.7%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary446.2K$14.3M0.3%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 20261496$5.27B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20261482$4.47B canonicalSEC ↗
Q3 202513F-HROct 31, 20251509$4.17B canonicalSEC ↗
Q2 202513F-HRAug 1, 20251587$4.09B canonicalSEC ↗
Q1 202513F-HRMay 6, 20251142$1.48B canonicalSEC ↗
Q4 202413F-HRFeb 4, 20251125$1.50B canonicalSEC ↗
Q3 202413F-HRNov 15, 20241237$1.63B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241321$1.82B canonicalSEC ↗
Q1 202413F-HRMay 10, 20241314$1.33B canonicalSEC ↗