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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 Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
70
+3 vs. Q4 2022
Portfolio value
$5.64B
+$902.9M (+19.1%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of HHLR Advisors (Hillhouse) in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Surrozen, Inc.86889P117*W EXP 08/01/203399,999$24.4K<0.1%00.0%Unchanged–
DLOdLocal LtdCLASS A COM6,800$110.3K<0.1%00.0%UnchangedHistory
UXINUxin LtdADR191,563$429.1K<0.1%00.0%UnchangedHistory
ROOTRoot, Inc.CL A NEW138,977$626.8K<0.1%00.0%UnchangedHistory
Ys Biopharma Co LtdG9845F109ORDINARY SHARES751,790$1.20M<0.1%+751,790New–
IQiQIYI, Inc.SPONSORED ADS172,300$1.25M<0.1%−11,991,500−98.6%ReducedHistory
SRPTSarepta Therapeutics, Inc.COM10,404$1.43M<0.1%+10,404NewHistory
CCCCCC Intelligent Solutions Holdings Inc.COM200,000$1.79M<0.1%00.0%UnchangedHistory
China Jo-Jo Drugstores IncG2124G112ORD SHS403,334$1.81M<0.1%00.0%Unchanged–
ALGSAligos Therapeutics, Inc.COM2,309,764$2.02M<0.1%00.0%UnchangedHistory
PYXSPyxis Oncology, Inc.COMMON STOCK530,692$2.13M<0.1%−233,714−30.6%ReducedHistory
Bright Scholar Ed Hldgs Ltd109199208SPON ADS NEW996,449$2.39M<0.1%00.0%Unchanged–
PATHUiPath, Inc.Stock145,200$2.55M<0.1%00.0%UnchangedHistory
MOGUMOGU Inc.SPON ADS847,510$2.75M<0.1%−23,070−2.6%ReducedHistory
JOYYJOYY Inc.ADS REPSTG COM A96,500$3.01M0.1%−3,500−3.5%ReducedHistory
TUYATuya Inc.SPONSERED ADS1,599,700$3.02M0.1%−89,659−5.3%ReducedHistory
BZKanzhun LtdSPONSORED ADS217,816$4.15M0.1%−1,288,383−85.5%ReducedHistory
MNSOMINISO Group Holding LtdSPONSORED ADS242,700$4.31M0.1%−9,622−3.8%ReducedHistory
Smart SH Global Ltd ADS83193E102ADR4,007,331$4.37M0.1%−72,669−1.8%Reduced–
WOLFWolfspeed, Inc.Stock70,000$4.55M0.1%+70,000NewHistory
DYNDyne Therapeutics, Inc.COM478,401$5.51M0.1%−461,247−49.1%ReducedHistory
GOSSGossamer Bio, Inc.COM4,974,041$6.27M0.1%00.0%UnchangedHistory
Direxion Shs ETF Tr25459W54020YR TRES BULL793,050$7.04M0.1%−406,950−33.9%Reduced–
SGENSeagen Inc.COM38,350$7.76M0.1%+38,350NewHistory
SNOWSnowflake Inc.Stock55,700$8.59M0.2%−7,300−11.6%ReducedHistory
AMZNAmazon Com IncStock97,000$10.0M0.2%+29,500+43.7%AddedHistory
REGNRegeneron Pharmaceuticals, Inc.COM12,500$10.3M0.2%+12,500NewHistory
SOHUSohu.com LtdSPONSORED ADS731,800$10.8M0.2%−70,234−8.8%ReducedHistory
KNSAKiniksa Pharmaceuticals International, plcCOM CL A1,018,091$11.0M0.2%−1,605,833−61.2%ReducedHistory
AMDAdvanced Micro Devices IncStock113,100$11.1M0.2%+113,100NewHistory
SNYSanofiSPONSORED ADR205,700$11.2M0.2%+205,700NewHistory
AKROAkero Therapeutics, Inc.COM295,502$11.3M0.2%−20,000−6.3%ReducedHistory
EXASExact Sciences CorpCOM170,094$11.5M0.2%+170,094NewHistory
CTLTCatalent, Inc.COM187,000$12.3M0.2%+187,000NewHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A430,500$12.3M0.2%+430,500NewHistory
ATATAtour Lifestyle Holdings LtdSPONSORED ADS477,904$12.5M0.2%−67,096−12.3%ReducedHistory
NTESNetEase, Inc.SPONSORED ADS149,700$13.2M0.2%00.0%UnchangedHistory
TMOThermo Fisher Scientific Inc.Stock25,800$14.9M0.3%+25,800NewHistory
DDOGDatadog, Inc.CL A COM218,100$15.8M0.3%00.0%UnchangedHistory
iShares Tr46428743220 YR TR BD ETF195,100$20.8M0.4%+55,100+39.4%Added–
MLCOMelco Resorts & Entertainment LTDADR1,698,877$21.6M0.4%00.0%UnchangedHistory
FUTUFutu Holdings LtdSPON ADS CL A417,187$21.6M0.4%+96,387+30.0%AddedHistory
NBPNovaBridge BiosciencesSPONSORED ADS6,954,442$24.1M0.4%−228,408−3.2%ReducedHistory
LILi Auto Inc.SPONSORED ADS1,030,972$25.7M0.5%+1,030,972NewHistory
ZMZoom Communications, Inc.Stock405,600$29.9M0.5%00.0%UnchangedHistory
BMRNBiomarin Pharmaceutical IncCOM308,693$30.0M0.5%+308,693NewHistory
PLTKPlaytika Holding Corp.COM3,092,000$34.8M0.6%−72,800−2.3%ReducedHistory
VIPSVipshop Holdings LtdSPONSORED ADS A2,304,797$35.0M0.6%−16,684,303−87.9%ReducedHistory
UBERUber Technologies, IncStock1,314,000$41.7M0.7%−89,600−6.4%ReducedHistory
YMMFull Truck Alliance Co. Ltd.SPONSORED ADS5,594,000$42.6M0.8%+1,466,900+35.5%AddedHistory
YSGYatsen Holding LtdADS34,939,200$51.7M0.9%00.0%UnchangedHistory
CPNGCoupang, Inc.CL A3,241,400$51.9M0.9%−134,600−4.0%ReducedHistory
ENFNEnfusion, Inc.CL A4,975,183$52.2M0.9%00.0%UnchangedHistory
BIDUBaidu, Inc.ADR405,900$61.3M1.1%+405,900NewHistory
BBIOBridgeBio Pharma, Inc.COM3,978,410$66.0M1.2%−1,208,815−23.3%ReducedHistory
CTKBCytek Biosciences, Inc.COM7,703,514$70.8M1.3%−981,016−11.3%ReducedHistory
MSFTMicrosoft CorpStock256,900$74.1M1.3%+82,800+47.6%AddedHistory
MDLZMondelez International, Inc.Stock1,070,764$74.7M1.3%00.0%UnchangedHistory
DQDaqo New Energy Corp.SPNSRD ADS NEW2,037,000$95.4M1.7%−64,315−3.1%ReducedHistory
ONONOn Holding AGStock3,291,204$102.1M1.8%−2,177,300−39.8%ReducedHistory
JDJD.com, Inc.SPON ADS CL A2,397,789$105.2M1.9%−4,225,411−63.8%ReducedHistory
HTHTH World Group LtdSPONSORED ADS3,357,573$164.5M2.9%+3,050,373+993.0%AddedHistory
LEGNLegend Biotech CorpSPONSORED ADS5,130,367$247.4M4.4%−6,250−0.1%ReducedHistory
FCXFreeport-McMoran IncStock6,274,800$256.7M4.6%00.0%UnchangedHistory
DASHDoorDash, Inc.Stock4,450,700$282.9M5.0%−53,800−1.2%ReducedHistory
CRMSalesforce, Inc.Stock1,731,237$345.9M6.1%00.0%UnchangedHistory
BABAAlibaba Group Holding LtdADR3,785,116$386.8M6.9%+662,316+21.2%AddedHistory
BEKEKE Holdings Inc.SPONSORED ADS31,228,934$588.4M10.4%+10,183,069+48.4%AddedHistory
PDDPDD Holdings Inc.SPONSORED ADS10,642,847$807.8M14.3%+7,739,047+266.5%AddedHistory
ONCBeOne Medicines Ltd.ADR5,472,259$1.18B20.9%00.0%UnchangedHistory

Sold out since Q4 2022 (11)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of HHLR Advisors (Hillhouse) sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
Invesco QQQ Trust Series I46090E103ETF144,800$38.6M0.8%–
JKSJinkoSolar Holding Co., Ltd.SPONSORED ADR654,049$26.7M0.6%History
RUNSunrun Inc.COM344,800$8.28M0.2%History
TCOMTrip.com Group LtdADS180,000$6.19M0.1%History
ENPHEnphase Energy, Inc.Stock19,300$5.11M0.1%History
TSMTaiwan Semiconductor Manufacturing Co LtdADR60,000$4.47M0.1%History
ProShares Tr74347X831ULTRAPRO QQQ230,000$3.98M0.1%–
ALLOAllogene Therapeutics, Inc.COM623,434$3.92M0.1%History
MRNAModerna, Inc.Stock15,000$2.69M0.1%History
IPSCCentury Therapeutics, Inc.COM496,624$2.55M0.1%History
SRZNSurrozen, Inc.COM1,161,400$675.8K<0.1%History