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HHLR Advisors (Hillhouse)

Superinvestor

HHLR Advisors, Ltd.

SEC CIK
0001762304
Manager
Zhang Lei
Style
Growth
Latest filing
Aug 14, 2026

Holdings in Q3 2021

Holdings as of Sep 30, 2021, filed Nov 15, 2021. Long positions only; changes compare share counts with Q2 2021.

Institution overview
Positions
85
−4 vs. Q2 2021
Portfolio value
$7.65B
−$2.07B (−21.3%) vs. Q2 2021
Filed
Nov 15, 2021
SEC
Holdings of HHLR Advisors (Hillhouse) in Q3 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
ONCBeOne Medicines Ltd.ADR5,472,259$1.99B26.0%00.0%UnchangedHistory
LEGNLegend Biotech CorpSPONSORED ADS11,054,925$558.9M7.3%+10,404,925+1,600.8%AddedHistory
NBPNovaBridge BiosciencesSPONSORED ADS7,182,850$520.7M6.8%+566,680+8.6%AddedHistory
ONONOn Holding AGStock15,973,750$481.3M6.3%+15,973,750NewHistory
JDJD.com, Inc.SPON ADS CL A4,767,307$344.4M4.5%+1,084,000+29.4%AddedHistory
CRMSalesforce, Inc.Stock1,254,176$340.2M4.4%+117,700+10.4%AddedHistory
IQiQIYI, Inc.SPONSORED ADS38,648,477$310.3M4.1%00.0%UnchangedHistory
PDDPDD Holdings Inc.SPONSORED ADS2,808,000$254.6M3.3%−4,094,129−59.3%ReducedHistory
BBIOBridgeBio Pharma, Inc.COM5,362,014$251.3M3.3%00.0%UnchangedHistory
DASHDoorDash, Inc.Stock1,196,300$246.4M3.2%00.0%UnchangedHistory
CTKBCytek Biosciences, Inc.COM8,757,030$187.5M2.5%+8,757,030NewHistory
BEAMBeam Therapeutics Inc.COM1,448,161$126.0M1.6%−397,592−21.5%ReducedHistory
MDLZMondelez International, Inc.Stock1,862,164$108.3M1.4%00.0%UnchangedHistory
BABAAlibaba Group Holding LtdADR713,400$105.6M1.4%00.0%UnchangedHistory
SESea LtdSPONSORD ADS330,000$105.2M1.4%+330,000NewHistory
ERASErasca, Inc.COM4,722,221$100.2M1.3%+4,722,221NewHistory
VIPSVipshop Holdings LtdSPONSORED ADS A8,963,752$99.9M1.3%00.0%UnchangedHistory
GOSSGossamer Bio, Inc.COM7,420,974$93.3M1.2%00.0%UnchangedHistory
BEKEKE Holdings Inc.SPONSORED ADS5,012,100$91.5M1.2%00.0%UnchangedHistory
PLTKPlaytika Holding Corp.COM3,280,699$90.6M1.2%00.0%UnchangedHistory
ILMNIllumina, Inc.COM167,614$68.0M0.9%+167,614NewHistory
CPNGCoupang, Inc.CL A2,180,272$60.7M0.8%+2,180,272NewHistory
TNGXTango Therapeutics, Inc.COM4,373,982$56.6M0.7%+4,373,982NewHistory
AMGAffiliated Managers Group, Inc.Stock335,073$50.6M0.7%00.0%UnchangedHistory
UBERUber Technologies, IncStock1,114,000$49.9M0.7%−4,306,202−79.4%ReducedHistory
SHCOSoho House & Co Inc.COM CL A3,708,041$46.1M0.6%+3,708,041NewHistory
TILInstil Bio, Inc.COM2,385,457$42.6M0.6%00.0%UnchangedHistory
BILIBilibili Inc.SPONS ADS REP Z638,038$42.2M0.6%−1,360,233−68.1%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR360,495$40.2M0.5%00.0%UnchangedHistory
BZKanzhun LtdSPONSORED ADS1,050,000$37.8M0.5%00.0%UnchangedHistory
ALGSAligos Therapeutics, Inc.COM2,365,064$36.7M0.5%+200,000+9.2%AddedHistory
ARGXArgenx SESPONSORED ADR120,000$36.2M0.5%−237,000−66.4%ReducedHistory
LYELLyell Immunopharma, Inc.COM2,348,965$34.8M0.5%00.0%UnchangedHistory
AKROAkero Therapeutics, Inc.COM1,540,465$34.4M0.5%−116,208−7.0%ReducedHistory
KNSAKiniksa Pharmaceuticals International, plcCOM CL A2,920,023$33.3M0.4%00.0%UnchangedHistory
NIONIO Inc.ADR859,200$30.6M0.4%00.0%UnchangedHistory
LILi Auto Inc.SPONSORED ADS1,080,000$28.4M0.4%+1,080,000NewHistory
HTHTH World Group LtdSPONSORED ADS578,902$26.5M0.3%00.0%UnchangedHistory
FMTXForma Therapeutics Holdings, Inc.SHS1,100,000$25.5M0.3%00.0%UnchangedHistory
ABNBAirbnb, Inc.Stock148,760$25.0M0.3%−1,963,877−93.0%ReducedHistory
ACMRACM Research, Inc.Stock223,585$24.6M0.3%00.0%UnchangedHistory
PACBPacific Biosciences of California, Inc.COM911,039$23.3M0.3%+911,039NewHistory
ALLOAllogene Therapeutics, Inc.COM800,000$20.6M0.3%00.0%UnchangedHistory
RGNXREGENXBIO Inc.COM456,000$19.1M0.3%00.0%UnchangedHistory
SNOWSnowflake Inc.Stock63,000$19.1M0.2%00.0%UnchangedHistory
PRLDPrelude Therapeutics IncCOM583,333$18.2M0.2%00.0%UnchangedHistory
MLCOMelco Resorts & Entertainment LTDADR1,698,877$17.4M0.2%00.0%UnchangedHistory
SOHUSohu.com LtdSPONSORED ADS802,034$16.7M0.2%00.0%UnchangedHistory
DYNDyne Therapeutics, Inc.COM1,000,000$16.2M0.2%00.0%UnchangedHistory
COINCoinbase Global, Inc.COM CL A70,000$15.9M0.2%+70,000NewHistory
RLYBRallybio CorpCOM903,673$15.9M0.2%+903,673NewHistory
IPSCCentury Therapeutics, Inc.COM614,095$15.5M0.2%00.0%UnchangedHistory
TUYATuya Inc.SPONSERED ADS1,689,359$15.3M0.2%−685,641−28.9%ReducedHistory
ROOTRoot, Inc.COM CL A2,600,000$13.7M0.2%00.0%UnchangedHistory
Smart SH Global Ltd ADS83193E102ADR4,080,000$13.6M0.2%00.0%Unchanged–
ADCTADC Therapeutics SASHS500,000$13.6M0.2%00.0%UnchangedHistory
HIPOHippo Holdings Inc.COMMON STOCK2,771,691$13.0M0.2%+2,771,691NewHistory
Bright Scholar Ed Hldgs Ltd109199109SPONSORED ADS3,985,797$11.4M0.1%00.0%Unchanged–
TCRXTScan Therapeutics, Inc.COM1,282,976$10.7M0.1%+1,282,976NewHistory
TRMLTourmaline Bio, Inc.COM761,885$10.3M0.1%−91,459−10.7%ReducedHistory
IMCRImmunocore Holdings plcADS277,754$10.3M0.1%00.0%UnchangedHistory
MOGUMOGU Inc.SPON ADS10,446,970$10.1M0.1%00.0%UnchangedHistory
KDPKeurig Dr Pepper Inc.COM284,792$9.73M0.1%−284,792−50.0%ReducedHistory
SRZNSurrozen, Inc.COM1,200,000$8.50M0.1%+1,200,000NewHistory
PATHUiPath, Inc.Stock150,000$7.89M0.1%00.0%UnchangedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A256,453$7.86M0.1%−2,344,324−90.1%ReducedHistory
AMDAdvanced Micro Devices IncStock70,000$7.20M0.1%+70,000NewHistory
MREOMereo BioPharma Group plcSPON ADS2,976,121$7.20M0.1%00.0%UnchangedHistory
UXINUxin LtdADS2,297,318$6.34M0.1%00.0%UnchangedHistory
RXDXPrometheus Biosciences, Inc.COM200,000$4.74M0.1%00.0%UnchangedHistory
XPEVXpeng Inc.ADS120,000$4.26M0.1%−776,500−86.6%ReducedHistory
DSGNDesign Therapeutics, Inc.COM280,991$4.13M0.1%00.0%UnchangedHistory
MNSOMINISO Group Holding LtdSPONSORED ADS252,322$3.85M0.1%−5,401,154−95.5%ReducedHistory
KRONKronos Bio, Inc.COM153,698$3.22M<0.1%−279,738−64.5%ReducedHistory
China Jo-Jo Drugstores IncG2124G104ORD SHS4,840,000$3.08M<0.1%+4,840,000New–
CVETCovetrus, Inc.COM155,124$2.81M<0.1%00.0%UnchangedHistory
DNUTKrispy Kreme, Inc.COM188,638$2.63M<0.1%+188,638NewHistory
CDAKCodiak BioSciences, Inc.COM142,978$2.33M<0.1%−223,743−61.0%ReducedHistory
CCCCCC Intelligent Solutions Holdings Inc.COM200,000$2.10M<0.1%+200,000NewHistory
Fang Hldgs Ltd30711Y300ADR NEW327,720$2.06M<0.1%00.0%Unchanged–
YSGYatsen Holding LtdADS250,764$955.0K<0.1%00.0%UnchangedHistory
Ribbit Leap LtdG7552B121UNIT 99/99/999950,000$523.0K<0.1%00.0%Unchanged–
Surrozen, Inc.86889P117*W EXP 08/01/203399,999$456.0K<0.1%+399,999New–
China Index Hldgs Ltd16954W101SPNSRD ADS A300,000$438.0K<0.1%00.0%Unchanged–
CCC Intelligent12510Q118EQUITY WRT40,000$93.0K<0.1%+40,000New–

Sold out since Q2 2021 (25)

Positions held at the end of Q2 2021 that are gone from this filing.

Positions of HHLR Advisors (Hillhouse) sold out since Q2 2021
SecurityClassShares in Q2 2021Value in Q2 2021% of portfolio in Q2 2021History
ESGREnstar Group LTDSHS1,747,840$417.6M4.3%History
ZMZoom Communications, Inc.Stock1,027,400$397.6M4.1%History
APLSApellis Pharmaceuticals, Inc.COM2,929,708$185.2M1.9%History
KYNBKyntra Bio, Inc.COM3,955,787$105.3M1.1%History
KODKodiak Sciences Inc.COM810,207$75.3M0.8%History
BPMCBlueprint Medicines CorpCOM635,302$55.9M0.6%History
OTISOtis Worldwide CorpStock614,556$50.3M0.5%History
DIDIYDiDi Global Inc.SPONSORED ADS3,016,060$42.6M0.4%History
GDSGDS Holdings LtdSPONSORED ADS390,000$30.6M0.3%History
AAPLApple Inc.Stock200,000$27.4M0.3%History
AXSMAxsome Therapeutics, Inc.COM360,000$24.3M0.2%History
OLMAOlema Pharmaceuticals, Inc.COM620,397$17.4M0.2%History
KURAKura Oncology, Inc.COM650,000$13.6M0.1%History
IGMSIGM Biosciences, Inc.COM151,390$12.6M0.1%History
Avidity Biosciences, Inc.05370A108COM425,000$10.5M0.1%–
NKTXNkarta, Inc.COM277,778$8.80M0.1%History
COGTCogent Biosciences, Inc.COM1,000,000$8.11M0.1%History
CYPHCypherpunk Technologies Inc.COM3,575,745$5.86M0.1%History
Montes Archimedes Acquisitio612657205UNIT 09/30/2025500,000$5.34M0.1%–
NTESNetEase, Inc.SPONSORED ADS43,500$5.01M0.1%History
CYTKCytokinetics IncCOM NEW230,718$4.57M<0.1%History
China Jo-Jo Drugstores Inc16949A206COM NEW4,840,000$4.56M<0.1%–
HOOKHOOKIPA Pharma Inc.COM269,368$2.47M<0.1%History
Dragoneer Growth Opportun CoG28302126UNIT 08/18/2027200,000$2.08M<0.1%–
EDUNew Oriental Education & Technology Group Inc.SPON ADR78,771$645.0K<0.1%History