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Livermore
Livermore
ZHEN

HHLR Advisors (Hillhouse)

Superinvestor

HHLR Advisors, Ltd.

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

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 14, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
67
+6 vs. Q3 2022
Portfolio value
$4.74B
+$934.2M (+24.6%) vs. Q3 2022
Filed
Feb 14, 2023
SEC
Holdings of HHLR Advisors (Hillhouse) in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
ONCBeOne Medicines Ltd.ADR5,472,259$1.20B25.4%00.0%UnchangedHistory
JDJD.com, Inc.SPON ADS CL A6,623,200$371.8M7.8%+259,400+4.1%AddedHistory
BEKEKE Holdings Inc.SPONSORED ADS21,045,865$293.8M6.2%+9,927,759+89.3%AddedHistory
BABAAlibaba Group Holding LtdADR3,122,800$275.1M5.8%+884,700+39.5%AddedHistory
VIPSVipshop Holdings LtdSPONSORED ADS A18,989,100$259.0M5.5%−1,154,586−5.7%ReducedHistory
LEGNLegend Biotech CorpSPONSORED ADS5,136,617$256.4M5.4%00.0%UnchangedHistory
FCXFreeport-McMoran IncStock6,274,800$238.4M5.0%+6,274,800NewHistory
PDDPDD Holdings Inc.SPONSORED ADS2,903,800$236.8M5.0%+891,900+44.3%AddedHistory
CRMSalesforce, Inc.Stock1,731,237$229.5M4.8%−688,400−28.5%ReducedHistory
DASHDoorDash, Inc.Stock4,504,500$219.9M4.6%−186,523−4.0%ReducedHistory
ONONOn Holding AGStock5,468,504$93.8M2.0%00.0%UnchangedHistory
CTKBCytek Biosciences, Inc.COM8,684,530$88.7M1.9%−72,500−0.8%ReducedHistory
DQDaqo New Energy Corp.SPNSRD ADS NEW2,101,315$81.1M1.7%00.0%UnchangedHistory
MDLZMondelez International, Inc.Stock1,070,764$71.4M1.5%−791,400−42.5%ReducedHistory
IQiQIYI, Inc.SPONSORED ADS12,163,800$64.5M1.4%−3,250,406−21.1%ReducedHistory
YSGYatsen Holding LtdADS34,939,200$51.0M1.1%00.0%UnchangedHistory
CPNGCoupang, Inc.CL A3,376,000$49.7M1.0%00.0%UnchangedHistory
ENFNEnfusion, Inc.CL A4,975,183$48.1M1.0%00.0%UnchangedHistory
MSFTMicrosoft CorpStock174,100$41.8M0.9%+23,700+15.8%AddedHistory
BBIOBridgeBio Pharma, Inc.COM5,187,225$39.5M0.8%−174,789−3.3%ReducedHistory
KNSAKiniksa Pharmaceuticals International, plcCOM CL A2,623,924$39.3M0.8%−296,099−10.1%ReducedHistory
Invesco QQQ Trust Series I46090E103ETF144,800$38.6M0.8%+144,800New–
UBERUber Technologies, IncStock1,403,600$34.7M0.7%+89,600+6.8%AddedHistory
YMMFull Truck Alliance Co. Ltd.SPONSORED ADS4,127,100$33.0M0.7%+1,100,000+36.3%AddedHistory
BZKanzhun LtdSPONSORED ADS1,506,199$30.7M0.6%+658,200+77.6%AddedHistory
NBPNovaBridge BiosciencesSPONSORED ADS7,182,850$30.0M0.6%00.0%UnchangedHistory
ZMZoom Communications, Inc.Stock405,600$27.5M0.6%−14,900−3.5%ReducedHistory
PLTKPlaytika Holding Corp.COM3,164,800$26.9M0.6%−115,899−3.5%ReducedHistory
JKSJinkoSolar Holding Co., Ltd.SPONSORED ADR654,049$26.7M0.6%−637,567−49.4%ReducedHistory
MLCOMelco Resorts & Entertainment LTDADR1,698,877$19.5M0.4%00.0%UnchangedHistory
AKROAkero Therapeutics, Inc.COM315,502$17.3M0.4%−364,498−53.6%ReducedHistory
DDOGDatadog, Inc.CL A COM218,100$16.0M0.3%−8,100−3.6%ReducedHistory
iShares Tr46428743220 YR TR BD ETF140,000$13.9M0.3%+140,000New–
FUTUFutu Holdings LtdSPON ADS CL A320,800$13.0M0.3%+224,500+233.1%AddedHistory
HTHTH World Group LtdSPONSORED ADS307,200$13.0M0.3%00.0%UnchangedHistory
SOHUSohu.com LtdSPONSORED ADS802,034$11.0M0.2%00.0%UnchangedHistory
DYNDyne Therapeutics, Inc.COM939,648$10.9M0.2%−60,352−6.0%ReducedHistory
NTESNetEase, Inc.SPONSORED ADS149,700$10.9M0.2%+149,700NewHistory
GOSSGossamer Bio, Inc.COM4,974,041$10.8M0.2%−2,446,933−33.0%ReducedHistory
ATATAtour Lifestyle Holdings LtdSPONSORED ADS545,000$9.87M0.2%+545,000NewHistory
Direxion Shs ETF Tr25459W54020YR TRES BULL1,200,000$9.14M0.2%+1,200,000New–
SNOWSnowflake Inc.Stock63,000$9.04M0.2%00.0%UnchangedHistory
RUNSunrun Inc.COM344,800$8.28M0.2%+344,800NewHistory
TCOMTrip.com Group LtdADS180,000$6.19M0.1%+180,000NewHistory
AMZNAmazon Com IncStock67,500$5.67M0.1%−2,500−3.6%ReducedHistory
ENPHEnphase Energy, Inc.Stock19,300$5.11M0.1%+19,300NewHistory
Smart SH Global Ltd ADS83193E102ADR4,080,000$4.65M0.1%00.0%Unchanged–
TSMTaiwan Semiconductor Manufacturing Co LtdADR60,000$4.47M0.1%−45,095−42.9%ReducedHistory
ProShares Tr74347X831ULTRAPRO QQQ230,000$3.98M0.1%+230,000New–
ALLOAllogene Therapeutics, Inc.COM623,434$3.92M0.1%−176,566−22.1%ReducedHistory
TUYATuya Inc.SPONSERED ADS1,689,359$3.23M0.1%00.0%UnchangedHistory
JOYYJOYY Inc.ADS REPSTG COM A100,000$3.16M0.1%+100,000NewHistory
MNSOMINISO Group Holding LtdSPONSORED ADS252,322$2.71M0.1%00.0%UnchangedHistory
MRNAModerna, Inc.Stock15,000$2.69M0.1%+15,000NewHistory
IPSCCentury Therapeutics, Inc.COM496,624$2.55M0.1%−117,471−19.1%ReducedHistory
Bright Scholar Ed Hldgs Ltd109199208SPON ADS NEW996,449$2.41M0.1%00.0%Unchanged–
ALGSAligos Therapeutics, Inc.COM2,309,764$2.20M<0.1%−55,300−2.3%ReducedHistory
MOGUMOGU Inc.SPON ADS870,580$2.15M<0.1%00.0%UnchangedHistory
PATHUiPath, Inc.Stock145,200$1.85M<0.1%−4,800−3.2%ReducedHistory
CCCCCC Intelligent Solutions Holdings Inc.COM200,000$1.74M<0.1%00.0%UnchangedHistory
China Jo-Jo Drugstores IncG2124G112ORD SHS403,334$1.43M<0.1%00.0%Unchanged–
PYXSPyxis Oncology, Inc.COMMON STOCK764,406$1.02M<0.1%00.0%UnchangedHistory
SRZNSurrozen, Inc.COM1,161,400$675.8K<0.1%−38,600−3.2%ReducedHistory
ROOTRoot, Inc.CL A NEW138,977$624.0K<0.1%−5,466−3.8%ReducedHistory
UXINUxin LtdADR191,563$551.7K<0.1%00.0%UnchangedConverted for a 1-for-10 splitHistory
DLOdLocal LtdCLASS A COM6,800$105.9K<0.1%−373,724−98.2%ReducedHistory
Surrozen, Inc.86889P117*W EXP 08/01/203399,999$26.4K<0.1%00.0%Unchanged–

Sold out since Q3 2022 (6)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of HHLR Advisors (Hillhouse) sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
FMTXForma Therapeutics Holdings, Inc.SHS1,100,000$21.9M0.6%History
ACMRACM Research, Inc.Stock670,755$8.36M0.2%History
MPMP Materials Corp.COM CL A200,000$5.46M0.1%History
VanEck ETF Trust92189H607OIL SERVICES ETF20,000$4.22M0.1%–
PRLDPrelude Therapeutics IncCOM583,333$3.86M0.1%History
ADCTADC Therapeutics SASHS500,000$2.41M0.1%History