HHLR ADVISORS, LTD.

Superinvestor

HHLR Advisors (Hillhouse)

SEC CIK: 0001762304
Manager: Zhang Lei
Style: Growth

SEC filings (opens in a new tab)

Q3 2023 vs. Q2 2023

Positions are compared by share count, long positions only.

All holdings in Q3 2023 All holdings in Q2 2023

HHLR ADVISORS, LTD.: Q2 2023 compared with Q3 2023
Measure	Q2 2023	Q3 2023	Change
Positions	60	60	0
Total value	$4.7B	$4.48B	−$217.24M (−4.6%)

New positions (7)

Held at the end of Q3 2023 but not at the end of Q2 2023.

HHLR ADVISORS, LTD.: new positions in Q3 2023
Security	Class	Shares, Q3 2023	Value, Q3 2023	% of portfolio, Q3 2023
RAYZEBIO INC75525N107	COM	1,395,716	$30.98M	0.69%
NMRANEUMORA THERAPEUTICS INC.	COM	1,699,313	$23.98M	0.54%
SGMTSAGIMET BIOSCIENCES INC	COM SER A	1,449,543	$12.76M	0.28%
SESEA LTD	SPONSORD ADS	174,800	$7.68M	0.17%
PACBPACIFIC BIOSCIENCES CALIF IN	COM	918,892	$7.67M	0.17%
TSLATESLA INC COM	Stock	30,000	$7.51M	0.17%
AMBRX BIOPHARMA INC02290A102	SPONSORED ADS	31,735	$364.95K	0.01%

Added (4)

More shares at the end of Q3 2023 than at the end of Q2 2023.

HHLR ADVISORS, LTD.: positions added to in Q3 2023
Security	Class	Shares, Q2 2023	Shares, Q3 2023	Change in shares	Value, Q3 2023	% of portfolio, Q3 2023
MSFTMICROSOFT CORP COM	Stock	759,300	801,700	+42,400+5.6%	$253.14M	5.65%
AMZNAMAZON COM INC COM	Stock	24,300	802,000	+777,700+3,200.4%	$101.95M	2.28%
ROIVROIVANT SCIENCES LTD	SHS	523,461	2,448,579	+1,925,118+367.8%	$28.6M	0.64%
BZKANZHUN LIMITED	SPONSORED ADS	123,000	123,700	+700+0.6%	$1.88M	0.04%

Reduced (20)

Fewer shares at the end of Q3 2023 than at the end of Q2 2023.

HHLR ADVISORS, LTD.: positions reduced in Q3 2023
Security	Class	Shares, Q2 2023	Shares, Q3 2023	Change in shares	Value, Q3 2023	% of portfolio, Q3 2023
PDDPDD HOLDINGS INC	SPONSORED ADS	8,172,247	7,350,847	−821,400−10.1%	$720.9M	16.10%
BEKEKE HLDGS INC	SPONSORED ADS	35,822,654	30,665,445	−5,157,209−14.4%	$475.93M	10.63%
CRMSALESFORCE INC COM	Stock	1,072,537	908,637	−163,900−15.3%	$184.25M	4.11%
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	ADR	3,262,527	2,030,447	−1,232,080−37.8%	$176.12M	3.93%
HTHTH WORLD GROUP LTD	SPONSORED ADS	3,814,305	2,433,083	−1,381,222−36.2%	$95.94M	2.14%
BBIOBRIDGEBIO PHARMA INC	COM	2,993,447	2,782,750	−210,697−7.0%	$73.38M	1.64%
BIDUBAIDU INC SPON ADR REP A	ADR	553,353	535,400	−17,953−3.2%	$71.93M	1.61%
CPNGCOUPANG INC	CL A	2,818,100	2,580,700	−237,400−8.4%	$43.87M	0.98%
ZTOZTO EXPRESS CAYMAN INC	SPONSORED ADS A	2,497,414	1,350,926	−1,146,488−45.9%	$32.65M	0.73%
MDLZMONDELEZ INTL INC CL A	Stock	523,788	441,688	−82,100−15.7%	$30.65M	0.68%
YMMFULL TRUCK ALLIANCE CO LTD	SPONSORED ADS	5,226,419	3,533,932	−1,692,487−32.4%	$24.88M	0.56%
TMOTHERMO FISHER SCIENTIFIC INC COM	Stock	41,452	31,952	−9,500−22.9%	$16.17M	0.36%
JDJD.COM INC	SPON ADS CL A	2,704,200	509,850	−2,194,350−81.1%	$14.85M	0.33%
ONONON HLDG AG NAMEN AKT A	Stock	2,116,424	411,400	−1,705,024−80.6%	$11.45M	0.26%
BMRNBIOMARIN PHARMACEUTICAL INC	COM	228,942	114,042	−114,900−50.2%	$10.09M	0.23%
ARGXARGENX SE	SPONSORED ADR	18,665	16,765	−1,900−10.2%	$8.24M	0.18%
FUTUFUTU HLDGS LTD	SPON ADS CL A	417,187	80,000	−337,187−80.8%	$4.62M	0.10%
ATATATOUR LIFESTYLE HLDGS LTD	SPONSORED ADS	661,522	200,000	−461,522−69.8%	$3.77M	0.08%
BRIGHT SCHOLAR ED HLDGS LTD109199208	SPON ADS NEW	993,043	988,143	−4,900−0.5%	$1.14M	0.03%
SURROZEN INC86889P117	*W EXP 08/01/203	387,133	384,573	−2,560−0.7%	$15.84K	0.00%

Sold out (7)

Held at the end of Q2 2023, gone by the end of Q3 2023.

HHLR ADVISORS, LTD.: positions sold out in Q3 2023
Security	Class	Shares, Q2 2023	Value, Q2 2023	% of portfolio, Q2 2023
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%
COINCOINBASE GLOBAL INC	COM CL A	100,000	$7.16M	0.15%
LILI AUTO INC	SPONSORED ADS	170,704	$5.99M	0.13%
AMDADVANCED MICRO DEVICES INC COM	Stock	40,500	$4.61M	0.10%
HOOKIPA PHARMA INC43906K100	COM	770,717	$678.23K	0.01%