Decheng Capital LLC

Q1 2026 13F-HR Holdings

Location
Menlo Park, CA
Holdings as of
3/31/2026
Date filed
5/13/2026
Form type
13F-HR
Num holdings
14
Total value ($000)
$661,316
Net value change ($000)
-82,091 (-11.0%)
New positions
0
Sold out positions
5
Turnover %
1.1%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CGON 166,683 63.0%
ACRS 2,991 24.6%
EQ 2,002 29.0%
ZNTL 1,311 73.4%
PYXS 101 26.9%
BYSI 38 0.6%
Top Reduces (Value $000, Stocks/ETFs)
NUVB -121,207 -52.1%
UPB -60,811 -71.3%
AARD -36,647 -71.3%
NAMS -10,364 -49.9%
LYEL -7,418 -34.8%
RVMD -6,837 -42.9%
CRNX -4,315 -100.0%
RCUS -2,584 -20.0%
KRYS -2,379 -55.8%
AURA -1,965 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type