HHLR ADVISORS, LTD.
SuperinvestorHHLR Advisors (Hillhouse)
- SEC CIK
- 0001762304
- Manager
- Zhang Lei
- Style
- Growth
Q1 2025 vs. Q4 2024
Positions are compared by share count, long positions only.
All holdings in Q1 2025All holdings in Q4 2024
| Measure | Q4 2024 | Q1 2025 | Change |
|---|---|---|---|
| Positions | 45 | 49 | +4 |
| Total value | $2.89B | $3.54B | +$652.21M (+22.6%) |
New positions (11)
Held at the end of Q1 2025 but not at the end of Q4 2024.
| Security | Class | Shares, Q1 2025 | Value, Q1 2025 | % of portfolio, Q1 2025 |
|---|---|---|---|---|
| BIDUBAIDU INC SPON ADR REP A | ADR | 170,000 | $15.65M | 0.44% |
| LILI AUTO INC | SPONSORED ADS | 620,000 | $15.62M | 0.44% |
| YUMCYUM CHINA HLDGS INC | COM | 292,122 | $15.21M | 0.43% |
| BZKANZHUN LIMITED | SPONSORED ADS | 576,339 | $11.05M | 0.31% |
| HTHTH WORLD GROUP LTD | SPONSORED ADS | 237,332 | $8.78M | 0.25% |
| ATATATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 242,342 | $6.87M | 0.19% |
| MAZEMAZE THERAPEUTICS INC | COM | 457,535 | $5.04M | 0.14% |
| CYDCHINA YUCHAI INTL LTD | COM | 70,000 | $1.19M | 0.03% |
| WBWEIBO CORP | SPONSORED ADR | 100,000 | $947K | 0.03% |
| XYFX FINL | SPONSORED ADS | 50,000 | $719.5K | 0.02% |
| ECXECARX HOLDINGS INC | CLASS A ORD | 400,000 | $504K | 0.01% |
Added (8)
More shares at the end of Q1 2025 than at the end of Q4 2024.
| Security | Class | Shares, Q4 2024 | Shares, Q1 2025 | Change in shares | Value, Q1 2025 | % of portfolio, Q1 2025 |
|---|---|---|---|---|---|---|
| PDDPDD HOLDINGS INC | SPONSORED ADS | 2,730,275 | 6,562,576 | +3,832,301+140.4% | $776.68M | 21.94% |
| FUTUFUTU HLDGS LTD | SPON ADS CL A | 1,118,303 | 4,307,492 | +3,189,189+285.2% | $440.87M | 12.46% |
| NTESNETEASE COM INC | SPONSORED ADS | 2,588,943 | 2,668,697 | +79,754+3.1% | $274.66M | 7.76% |
| BEKEKE HLDGS INC | SPONSORED ADS | 11,261,276 | 11,973,402 | +712,126+6.3% | $240.55M | 6.80% |
| JDJD.COM INC | SPON ADS CL A | 1,690,000 | 4,811,700 | +3,121,700+184.7% | $197.86M | 5.59% |
| TCOMTRIP COM GROUP LTD | ADS | 913,842 | 938,842 | +25,000+2.7% | $59.69M | 1.69% |
| ZTOZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 435,927 | 671,387 | +235,460+54.0% | $13.32M | 0.38% |
| JOYYJOYY INC | ADS REPSTG COM A | 30,000 | 34,000 | +4,000+13.3% | $1.43M | 0.04% |
Reduced (10)
Fewer shares at the end of Q1 2025 than at the end of Q4 2024.
| Security | Class | Shares, Q4 2024 | Shares, Q1 2025 | Change in shares | Value, Q1 2025 | % of portfolio, Q1 2025 |
|---|---|---|---|---|---|---|
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | ADR | 4,887,300 | 3,907,755 | −979,545−20.0% | $516.72M | 14.60% |
| ONCBEONE MEDICINES LTD SPONSORED ADS | ADR | 3,804,406 | 1,034,306 | −2,770,100−72.8% | $281.51M | 7.95% |
| VIPSVIPSHOP HLDGS LTD | SPONSORED ADS A | 14,880,002 | 6,683,901 | −8,196,101−55.1% | $104.8M | 2.96% |
| TSMTAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS | ADR | 42,588 | 33,000 | −9,588−22.5% | $5.48M | 0.15% |
| SOHUSOHU COM LTD | SPONSORED ADS | 510,484 | 201,432 | −309,052−60.5% | $2.65M | 0.07% |
| DHRDANAHER CORP DEL COM | Stock | 13,079 | 8,026 | −5,053−38.6% | $1.65M | 0.05% |
| GEGE AEROSPACE COM NEW | Stock | 10,328 | 6,757 | −3,571−34.6% | $1.35M | 0.04% |
| MCOMOODYS CORP COM | Stock | 4,477 | 2,637 | −1,840−41.1% | $1.23M | 0.03% |
| MSCIMSCI INC COM | Stock | 3,650 | 2,128 | −1,522−41.7% | $1.2M | 0.03% |
| MGXMETAGENOMI THERAPEUTICS INC | COM | 777,768 | 150,699 | −627,069−80.6% | $204.95K | 0.01% |
Sold out (7)
Held at the end of Q4 2024, gone by the end of Q1 2025.
| Security | Class | Shares, Q4 2024 | Value, Q4 2024 | % of portfolio, Q4 2024 |
|---|---|---|---|---|
| KNSAKINIKSA PHARMACEUTICALS INTL | ORD SHS CL A | 1,582,635 | $31.3M | 1.08% |
| BBIOBRIDGEBIO PHARMA INC | COM | 1,023,950 | $28.1M | 0.97% |
| GEVGE VERNOVA INC COM | Stock | 7,826 | $2.57M | 0.09% |
| TTTRANE TECHNOLOGIES PLC | SHS | 2,338 | $863.54K | 0.03% |
| DADA NEXUS LTD23344D108 | ADS | 700,000 | $847K | 0.03% |
| PYXSPYXIS ONCOLOGY INC | COMMON STOCK | 382,606 | $596.87K | 0.02% |
| MOMOHELLO GROUP INC | ADS | 53,590 | $413.18K | 0.01% |