13F
中
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Y-Intercept (Hong Kong) Ltd

13F equity value
$5.3B
Positions
1,496
Top 10 concentration
6.5%
Quarters / total new picks
20 / 8,289
13F equity value over time
$0M$3B$5B2020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 20 quarters, returned +2.0% per quarter — versus +1.8% per quarter from simply owning every 13F stock. It beat that baseline in only 60.0% of quarters (excess t = 0.99, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+0.4%
t-stat
0.99
Quarterly win rate
60%
Annualized excess
+1.2%
$1 → follow vs universe
$1.42 vs $1.34
Cumulative return: $1 invested in new picks vs universe
1.00 20210331: universe 1.00920210630: universe 1.09020210930: universe 0.97820211231: universe 0.83220220331: universe 0.89420220630: universe 0.82820220930: universe 0.88920221231: universe 0.82620230331: universe 0.87020230630: universe 0.83920230930: universe 0.95220231231: universe 0.99520240331: universe 1.01720240630: universe 1.11020240930: universe 1.10020241231: universe 1.02720250331: universe 1.11920250630: universe 1.15520250930: universe 1.29820251231: universe 1.343 20210331: follow 1.03020210630: follow 1.08420210930: follow 1.01520211231: follow 0.89320220331: follow 0.93220220630: follow 0.87420220930: follow 0.93520221231: follow 0.87520230331: follow 0.92120230630: follow 0.89920230930: follow 0.99920231231: follow 1.04820240331: follow 1.07720240630: follow 1.16720240930: follow 1.17420241231: follow 1.11620250331: follow 1.20720250630: follow 1.25120250930: follow 1.41620251231: follow 1.423 0.76 1.15 1.54 20212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 1496 · 2026 Q1

Ticker Value Weight QoQ
AAPL $56M
1.1%
TRIM
MU $43M
0.8%
NEW
MSFT $38M
0.7%
HOLD
DASH $33M
0.6%
NEW
LLY $30M
0.6%
NEW
SNDK $30M
0.6%
NEW
COF $29M
0.5%
NEW
EMR $29M
0.5%
NEW
BSX $28M
0.5%
ADD
GOOGL $28M
0.5%
NEW
TSM $27M
0.5%
ADD
RBLX $27M
0.5%
ADD
LRCX $26M
0.5%
NEW
NOW $25M
0.5%
ADD
SE $23M
0.4%
ADD
V $23M
0.4%
NEW
JPM $22M
0.4%
ADD
PM $22M
0.4%
NEW
SAP $21M
0.4%
NEW
ABBV $20M
0.4%
NEW

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

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Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.