HHLR ADVISORS, LTD.

Superinvestor

HHLR Advisors (Hillhouse)

SEC CIK: 0001762304
Manager: Zhang Lei
Style: Growth

SEC filings (opens in a new tab)

Q2 2023 vs. Q1 2023

Positions are compared by share count, long positions only.

All holdings in Q2 2023 All holdings in Q1 2023

HHLR ADVISORS, LTD.: Q1 2023 compared with Q2 2023
Measure	Q1 2023	Q2 2023	Change
Positions	70	60	−10
Total value	$5.64B	$4.7B	−$944.21M (−16.7%)

New positions (10)

Held at the end of Q2 2023 but not at the end of Q1 2023.

HHLR ADVISORS, LTD.: new positions in Q2 2023
Security	Class	Shares, Q2 2023	Value, Q2 2023	% of portfolio, Q2 2023
TTWOTAKE-TWO INTERACTIVE SOFTWAR	COM	783,000	$115.23M	2.45%
DHRDANAHER CORP DEL COM	Stock	85,500	$20.52M	0.44%
KDPKEURIG DR PEPPER INC	COM	564,568	$17.65M	0.38%
ADBEADOBE INC COM	Stock	27,000	$13.2M	0.28%
GOOGALPHABET INC CAP STK CL C	Stock	100,000	$12.1M	0.26%
ARGXARGENX SE	SPONSORED ADR	18,665	$7.27M	0.15%
AXSMAXSOME THERAPEUTICS INC.	COM	100,000	$7.19M	0.15%
COINCOINBASE GLOBAL INC	COM CL A	100,000	$7.16M	0.15%
ROIVROIVANT SCIENCES LTD	SHS	523,461	$5.28M	0.11%
HOOKIPA PHARMA INC43906K100	COM	770,717	$678.23K	0.01%

Added (10)

More shares at the end of Q2 2023 than at the end of Q1 2023.

HHLR ADVISORS, LTD.: positions added to in Q2 2023
Security	Class	Shares, Q1 2023	Shares, Q2 2023	Change in shares	Value, Q2 2023	% of portfolio, Q2 2023
BEKEKE HLDGS INC	SPONSORED ADS	31,228,934	35,822,654	+4,593,720+14.7%	$531.97M	11.33%
LEGNLEGEND BIOTECH CORP	SPONSORED ADS	5,130,367	6,436,533	+1,306,166+25.5%	$444.31M	9.46%
MSFTMICROSOFT CORP COM	Stock	256,900	759,300	+502,400+195.6%	$258.57M	5.51%
HTHTH WORLD GROUP LTD	SPONSORED ADS	3,357,573	3,814,305	+456,732+13.6%	$147.92M	3.15%
JDJD.COM INC	SPON ADS CL A	2,397,789	2,704,200	+306,411+12.8%	$92.29M	1.97%
BIDUBAIDU INC SPON ADR REP A	ADR	405,900	553,353	+147,453+36.3%	$75.76M	1.61%
ZTOZTO EXPRESS CAYMAN INC	SPONSORED ADS A	430,500	2,497,414	+2,066,914+480.1%	$62.64M	1.33%
TMOTHERMO FISHER SCIENTIFIC INC COM	Stock	25,800	41,452	+15,652+60.7%	$21.63M	0.46%
EXACT SCIENCES CORP30063P105	COM	170,094	197,894	+27,800+16.3%	$18.58M	0.40%
ATATATOUR LIFESTYLE HLDGS LTD	SPONSORED ADS	477,904	661,522	+183,618+38.4%	$10.74M	0.23%

Reduced (26)

Fewer shares at the end of Q2 2023 than at the end of Q1 2023.

HHLR ADVISORS, LTD.: positions reduced in Q2 2023
Security	Class	Shares, Q1 2023	Shares, Q2 2023	Change in shares	Value, Q2 2023	% of portfolio, Q2 2023
ONCBEONE MEDICINES LTD SPONSORED ADS	ADR	5,472,259	5,176,906	−295,353−5.4%	$923.04M	19.66%
PDDPDD HOLDINGS INC	SPONSORED ADS	10,642,847	8,172,247	−2,470,600−23.2%	$565.03M	12.03%
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	ADR	3,785,116	3,262,527	−522,589−13.8%	$271.93M	5.79%
CRMSALESFORCE INC COM	Stock	1,731,237	1,072,537	−658,700−38.0%	$226.58M	4.83%
DASHDOORDASH INC CL A	Stock	4,450,700	2,666,763	−1,783,937−40.1%	$203.79M	4.34%
ONONON HLDG AG NAMEN AKT A	Stock	3,291,204	2,116,424	−1,174,780−35.7%	$69.84M	1.49%
CTKBCYTEK BIOSCIENCES INC	COM	7,703,514	6,657,030	−1,046,484−13.6%	$56.85M	1.21%
BBIOBRIDGEBIO PHARMA INC	COM	3,978,410	2,993,447	−984,963−24.8%	$51.49M	1.10%
CPNGCOUPANG INC	CL A	3,241,400	2,818,100	−423,300−13.1%	$49.03M	1.04%
MDLZMONDELEZ INTL INC CL A	Stock	1,070,764	523,788	−546,976−51.1%	$38.21M	0.81%
YMMFULL TRUCK ALLIANCE CO LTD	SPONSORED ADS	5,594,000	5,226,419	−367,581−6.6%	$32.51M	0.69%
NBPNOVABRIDGE BIOSCIENCES	SPONSORED ADS	6,954,442	6,909,220	−45,222−0.7%	$20.66M	0.44%
BMRNBIOMARIN PHARMACEUTICAL INC	COM	308,693	228,942	−79,751−25.8%	$19.84M	0.42%
AKERO THERAPEUTICS INC00973Y108	COM	295,502	273,002	−22,500−7.6%	$12.75M	0.27%
KNSAKINIKSA PHARMACEUTICALS LTD	COM CL A	1,018,091	698,741	−319,350−31.4%	$9.84M	0.21%
LILI AUTO INC	SPONSORED ADS	1,030,972	170,704	−860,268−83.4%	$5.99M	0.13%
AMDADVANCED MICRO DEVICES INC COM	Stock	113,100	40,500	−72,600−64.2%	$4.61M	0.10%
SMART SH GLOBAL LTD ADS83193E102	ADR	4,007,331	3,949,700	−57,631−1.4%	$3.85M	0.08%
VIPSVIPSHOP HLDGS LTD	SPONSORED ADS A	2,304,797	198,600	−2,106,197−91.4%	$3.28M	0.07%
AMZNAMAZON COM INC COM	Stock	97,000	24,300	−72,700−74.9%	$3.17M	0.07%
BZKANZHUN LIMITED	SPONSORED ADS	217,816	123,000	−94,816−43.5%	$1.85M	0.04%
BRIGHT SCHOLAR ED HLDGS LTD109199208	SPON ADS NEW	996,449	993,043	−3,406−0.3%	$1.12M	0.02%
PYXSPYXIS ONCOLOGY INC	COMMON STOCK	530,692	382,606	−148,086−27.9%	$979.47K	0.02%
PLTKPLAYTIKA HLDG CORP	COM	3,092,000	72,800	−3,019,200−97.6%	$844.48K	0.02%
IQIQIYI INC	SPONSORED ADS	172,300	142,500	−29,800−17.3%	$760.95K	0.02%
SURROZEN INC86889P117	*W EXP 08/01/203	399,999	387,133	−12,866−3.2%	$21.37K	0.00%

Sold out (20)

Held at the end of Q1 2023, gone by the end of Q2 2023.

HHLR ADVISORS, LTD.: positions sold out in Q2 2023
Security	Class	Shares, Q1 2023	Value, Q1 2023	% of portfolio, Q1 2023
FCXFREEPORT MCMORAN INC CL B	Stock	6,274,800	$256.7M	4.55%
UBERUBER TECHNOLOGIES INC COM	Stock	1,314,000	$41.65M	0.74%
ZMZOOM COMMUNICATIONS INC CL A	Stock	405,600	$29.95M	0.53%
MLCOMELCO RESORTS AND ENTMNT LTD	ADR	1,698,877	$21.63M	0.38%
ISHARES TR464287432	20 YR TR BD ETF	195,100	$20.75M	0.37%
CATALENT INC148806102	COM	187,000	$12.29M	0.22%
SNYSANOFI SA	SPONSORED ADR	205,700	$11.19M	0.20%
REGNREGENERON PHARMACEUTICALS	COM	12,500	$10.27M	0.18%
SNOWSNOWFLAKE INC COM SHS	Stock	55,700	$8.59M	0.15%
SEAGEN INC81181C104	COM	38,350	$7.76M	0.14%
DIREXION SHS ETF TR25459W540	20YR TRES BULL	793,050	$7.04M	0.12%
DYNDYNE THERAPEUTICS INC	COM	478,401	$5.51M	0.10%
WOLFWOLFSPEED INC COM	Stock	70,000	$4.55M	0.08%
MNSOMINISO GROUP HLDG LTD	SPONSORED ADS	242,700	$4.31M	0.08%
JOYYJOYY INC	ADS REPSTG COM A	96,500	$3.01M	0.05%
PATHUIPATH INC CL A	Stock	145,200	$2.55M	0.05%
CCCCCC INTELLIGENT SOLUTIONS HL	COM	200,000	$1.79M	0.03%
SRPTSAREPTA THERAPEUTICS INC	COM	10,404	$1.43M	0.03%
ROOTROOT INC	CL A NEW	138,977	$626.79K	0.01%
DLODLOCAL LTD	CLASS A COM	6,800	$110.3K	0.00%