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HHLR Advisors (Hillhouse)

Superinvestor

HHLR Advisors, Ltd.

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

Holdings in Q4 2023

Holdings as of Dec 31, 2023, filed Feb 14, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
49
−11 vs. Q3 2023
Portfolio value
$4.96B
+$483.8M (+10.8%) vs. Q3 2023
Filed
Feb 14, 2024
SEC
Holdings of HHLR Advisors (Hillhouse) in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
PDDPDD Holdings Inc.SPONSORED ADS10,110,947$1.48B29.8%+2,760,100+37.5%AddedHistory
ONCBeOne Medicines Ltd.ADR5,176,906$933.7M18.8%00.0%UnchangedHistory
BEKEKE Holdings Inc.SPONSORED ADS29,224,568$473.7M9.5%−1,440,877−4.7%ReducedHistory
LEGNLegend Biotech CorpSPONSORED ADS5,984,550$360.1M7.3%−451,983−7.0%ReducedHistory
MSFTMicrosoft CorpStock729,400$274.3M5.5%−72,300−9.0%ReducedHistory
CRMSalesforce, Inc.Stock747,537$196.7M4.0%−161,100−17.7%ReducedHistory
TTWOTake Two Interactive Software IncCOM783,000$126.0M2.5%00.0%UnchangedHistory
AMZNAmazon Com IncStock811,900$123.4M2.5%+9,900+1.2%AddedHistory
DHRDanaher CorpStock471,100$109.0M2.2%+385,600+451.0%AddedHistory
DASHDoorDash, Inc.Stock1,032,763$102.1M2.1%−1,634,000−61.3%ReducedHistory
BABAAlibaba Group Holding LtdADR1,220,618$94.6M1.9%−809,829−39.9%ReducedHistory
RYZBRayzeBio, Inc.COM1,062,383$66.0M1.3%−333,333−23.9%ReducedHistory
BIDUBaidu, Inc.ADR535,400$63.8M1.3%00.0%UnchangedHistory
MCOMoodys CorpStock155,846$60.9M1.2%+155,846NewHistory
CTKBCytek Biosciences, Inc.COM6,657,030$60.7M1.2%00.0%UnchangedHistory
BBIOBridgeBio Pharma, Inc.COM1,391,240$56.2M1.1%−1,391,510−50.0%ReducedHistory
ENFNEnfusion, Inc.CL A4,975,183$48.3M1.0%00.0%UnchangedHistory
JDJD.com, Inc.SPON ADS CL A1,451,150$41.9M0.8%+941,300+184.6%AddedHistory
CPNGCoupang, Inc.CL A2,217,800$35.9M0.7%−362,900−14.1%ReducedHistory
HTHTH World Group LtdSPONSORED ADS935,920$31.3M0.6%−1,497,163−61.5%ReducedHistory
NMRANeumora Therapeutics, Inc.COM1,699,313$29.0M0.6%00.0%UnchangedHistory
MDLZMondelez International, Inc.Stock370,188$26.8M0.5%−71,500−16.2%ReducedHistory
YSGYatsen Holding LtdADS34,939,200$25.6M0.5%00.0%UnchangedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A814,524$17.3M0.3%−536,402−39.7%ReducedHistory
YMMFull Truck Alliance Co. Ltd.SPONSORED ADS2,252,542$15.8M0.3%−1,281,390−36.3%ReducedHistory
NTESNetEase, Inc.SPONSORED ADS149,700$13.9M0.3%00.0%UnchangedHistory
NBPNovaBridge BiosciencesSPONSORED ADS6,909,220$13.1M0.3%00.0%UnchangedHistory
ONONOn Holding AGStock411,400$11.1M0.2%00.0%UnchangedHistory
DDOGDatadog, Inc.CL A COM85,100$10.3M0.2%−133,000−61.0%ReducedHistory
PACBPacific Biosciences of California, Inc.COM918,892$9.01M0.2%00.0%UnchangedHistory
SGMTSagimet Biosciences Inc.COM SER A1,449,543$7.86M0.2%00.0%UnchangedHistory
SOHUSohu.com LtdSPONSORED ADS731,800$7.27M0.1%00.0%UnchangedHistory
SESea LtdSPONSORD ADS174,800$7.08M0.1%00.0%UnchangedHistory
GOSSGossamer Bio, Inc.COM4,974,041$4.54M0.1%00.0%UnchangedHistory
FUTUFutu Holdings LtdSPON ADS CL A80,000$4.37M0.1%00.0%UnchangedHistory
TUYATuya Inc.SPONSERED ADS1,599,700$3.68M0.1%00.0%UnchangedHistory
VIPSVipshop Holdings LtdSPONSORED ADS A198,600$3.53M0.1%00.0%UnchangedHistory
ATATAtour Lifestyle Holdings LtdSPONSORED ADS200,000$3.47M0.1%00.0%UnchangedHistory
BZKanzhun LtdSPONSORED ADS123,700$2.05M<0.1%00.0%UnchangedHistory
Smart SH Global Ltd ADS83193E102ADR3,949,700$1.98M<0.1%00.0%Unchanged–
MOGUMOGU Inc.SPON ADS847,510$1.62M<0.1%00.0%UnchangedHistory
ALGSAligos Therapeutics, Inc.COM1,906,191$1.27M<0.1%−403,573−17.5%ReducedHistory
Bright Scholar Ed Hldgs Ltd109199208SPON ADS NEW988,143$1.24M<0.1%00.0%Unchanged–
IQiQIYI, Inc.SPONSORED ADS142,500$695.4K<0.1%00.0%UnchangedHistory
PYXSPyxis Oncology, Inc.COMMON STOCK382,606$688.7K<0.1%00.0%UnchangedHistory
PLTKPlaytika Holding Corp.COM72,800$634.8K<0.1%00.0%UnchangedHistory
Ys Biopharma Co LtdG9845F109ORDINARY SHARES751,790$404.5K<0.1%00.0%Unchanged–
UXINUxin LtdADR191,563$134.3K<0.1%00.0%UnchangedHistory
China Jo-Jo Drugstores IncG2124G112ORD SHS403,334$86.8K<0.1%00.0%Unchanged–

Sold out since Q3 2023 (12)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of HHLR Advisors (Hillhouse) sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
DQDaqo New Energy Corp.SPNSRD ADS NEW2,037,000$61.7M1.4%History
ROIVRoivant Sciences Ltd.SHS2,448,579$28.6M0.6%History
TMOThermo Fisher Scientific Inc.Stock31,952$16.2M0.4%History
AKROAkero Therapeutics, Inc.COM273,002$13.8M0.3%History
EXASExact Sciences CorpCOM197,894$13.5M0.3%History
KNSAKiniksa Pharmaceuticals International, plcCOM CL A698,741$12.1M0.3%History
BMRNBiomarin Pharmaceutical IncCOM114,042$10.1M0.2%History
ARGXArgenx SESPONSORED ADR16,765$8.24M0.2%History
TSLATesla, Inc.Stock30,000$7.51M0.2%History
AXSMAxsome Therapeutics, Inc.COM100,000$6.99M0.2%History
AMAMAmbrx Biopharma Cayman, Inc.SPONSORED ADS31,735$365.0K<0.1%History
Surrozen, Inc.86889P117*W EXP 08/01/203384,573$15.8K<0.1%–