HHLR ADVISORS, LTD.

Superinvestor

HHLR Advisors (Hillhouse)

SEC CIK
0001762304
Manager
Zhang Lei
Style
Growth

Q1 2022 vs. Q4 2021

Positions are compared by share count, long positions only.

All holdings in Q1 2022All holdings in Q4 2021

HHLR ADVISORS, LTD.: Q4 2021 compared with Q1 2022
MeasureQ4 2021Q1 2022Change
Positions7664−12
Total value$6.47B$4.79B−$1.68B (−26.0%)

New positions (5)

Held at the end of Q1 2022 but not at the end of Q4 2021.

HHLR ADVISORS, LTD.: new positions in Q1 2022
SecurityClassShares, Q1 2022Value, Q1 2022% of portfolio, Q1 2022
DIDIYDIDI GLOBAL INCSPONSORED ADS36,834,320$92.09M1.92%
YMMFULL TRUCK ALLIANCE CO LTDSPONSORED ADS9,590,942$63.97M1.34%
FUTUFUTU HLDGS LTDSPON ADS CL A130,000$4.23M0.09%
DQDAQO NEW ENERGY CORPSPNSRD ADS NEW100,000$4.13M0.09%
MOGUMOGU INCSPON ADS870,580$3.06M0.06%

Added (8)

More shares at the end of Q1 2022 than at the end of Q4 2021.

HHLR ADVISORS, LTD.: positions added to in Q1 2022
SecurityClassShares, Q4 2021Shares, Q1 2022Change in sharesValue, Q1 2022% of portfolio, Q1 2022
JDJD.COM INCSPON ADS CL A4,767,3078,434,471+3,667,164+76.9%$488.1M10.19%
DASHDOORDASH INC CL AStock1,296,3003,881,700+2,585,400+199.4%$454.9M9.50%
CRMSALESFORCE INC COMStock1,929,8762,119,037+189,161+9.8%$449.91M9.39%
VIPSVIPSHOP HLDGS LTDSPONSORED ADS A8,963,75222,150,493+13,186,741+147.1%$199.35M4.16%
SESEA LTDSPONSORD ADS1,237,8001,453,300+215,500+17.4%$174.09M3.63%
BEKEKE HLDGS INCSPONSORED ADS5,012,1005,182,364+170,264+3.4%$64.11M1.34%
CPNGCOUPANG INCCL A2,425,2003,350,400+925,200+38.1%$59.24M1.24%
ACMRACM RESH INC COM CL AStock223,585670,755+447,170+200.0%$13.88M0.29%

Reduced (8)

Fewer shares at the end of Q1 2022 than at the end of Q4 2021.

HHLR ADVISORS, LTD.: positions reduced in Q1 2022
SecurityClassShares, Q4 2021Shares, Q1 2022Change in sharesValue, Q1 2022% of portfolio, Q1 2022
LEGNLEGEND BIOTECH CORPSPONSORED ADS11,804,9256,936,617−4,868,308−41.2%$252.08M5.26%
ONONON HLDG AG NAMEN AKT AStock15,973,7509,300,000−6,673,750−41.8%$234.73M4.90%
LILI AUTO INCSPONSORED ADS5,007,3002,496,550−2,510,750−50.1%$64.44M1.35%
HTHTH WORLD GROUP LTDSPONSORED ADS578,902303,200−275,702−47.6%$10M0.21%
TALARIS THERAPEUTICS INC87410C104COM761,885698,797−63,088−8.3%$6.88M0.14%
TNGXTANGO THERAPEUTICS INCCOM3,873,982882,088−2,991,894−77.2%$6.69M0.14%
ZTOZTO EXPRESS CAYMAN INCSPONSORED ADS A256,453200,000−56,453−22.0%$5M0.10%
TCRXTSCAN THERAPEUTICS INCCOM1,282,976669,513−613,463−47.8%$1.88M0.04%

Sold out (17)

Held at the end of Q4 2021, gone by the end of Q1 2022.

HHLR ADVISORS, LTD.: positions sold out in Q1 2022
SecurityClassShares, Q4 2021Value, Q4 2021% of portfolio, Q4 2021
ERASERASCA INCCOM4,722,221$73.57M1.14%
AMGAFFILIATED MANAGERS GROUP COMStock335,073$55.12M0.85%
AMZNAMAZON COM INC COMStock15,000$50.02M0.77%
XPEVXPENG INCADS666,500$33.55M0.52%
MEMBERSHIP COLLECTIVE GROUP586001109COM CL A2,009,509$25.68M0.40%
ABNBAIRBNB INC COM CL AStock148,760$24.77M0.38%
BZKANZHUN LIMITEDSPONSORED ADS525,000$18.31M0.28%
RGNXREGENXBIO INCCOM456,000$14.91M0.23%
PDDPDD HOLDINGS INCSPONSORED ADS213,000$12.42M0.19%
NIONIO INC SPON ADSADR350,000$11.09M0.17%
IMCRIMMUNOCORE HLDGS PLCADS277,754$9.51M0.15%
RLYBRALLYBIO CORPCOM903,673$8.62M0.13%
PROMETHEUS BIOSCIENCES INC74349U108COM200,000$7.91M0.12%
DSGNDESIGN THERAPEUTICS INCCOM280,991$6.02M0.09%
MOGUMOGU INCSPON ADS10,446,970$3.97M0.06%
DNUTKRISPY KREME INCCOM188,638$3.57M0.06%
COINCOINBASE GLOBAL INCCOM CL A10,000$2.52M0.04%