HHLR Advisors (Hillhouse)
SuperinvestorHHLR Advisors, Ltd.
- SEC CIK
- 0001762304
- Manager
- Zhang Lei
- Style
- Growth
- Latest filing
- Aug 14, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 36
- −13 vs. Q1 2025
- Portfolio value
- $3.10B
- −$434.9M (−12.3%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| PDDPDD Holdings Inc. | SPONSORED ADS | 6,976,804 | $730.2M | 23.5% | +414,228+6.3% | Added | History |
| FUTUFutu Holdings Ltd | SPON ADS CL A | 4,312,237 | $532.9M | 17.2% | +4,745+0.1% | Added | History |
| BULLWebull Corp | ORD SHS | 33,080,846 | $395.6M | 12.7% | +33,080,846 | New | History |
| ONCBeOne Medicines Ltd. | ADR | 1,034,306 | $250.4M | 8.1% | 00.0% | Unchanged | History |
| NTESNetEase, Inc. | SPONSORED ADS | 1,663,668 | $223.9M | 7.2% | −1,005,029−37.7% | Reduced | History |
| LEGNLegend Biotech Corp | SPONSORED ADS | 5,984,550 | $212.4M | 6.8% | 00.0% | Unchanged | History |
| BEKEKE Holdings Inc. | SPONSORED ADS | 7,465,465 | $132.4M | 4.3% | −4,507,937−37.6% | Reduced | History |
| BABAAlibaba Group Holding Ltd | ADR | 1,149,700 | $130.4M | 4.2% | −2,758,055−70.6% | Reduced | History |
| AVBPArriVent BioPharma, Inc. | COM | 4,484,672 | $97.6M | 3.1% | 00.0% | Unchanged | History |
| WNSWNS (Holdings) Ltd | COM SHS | 1,531,466 | $96.8M | 3.1% | 00.0% | Unchanged | History |
| JDJD.com, Inc. | SPON ADS CL A | 2,275,500 | $74.3M | 2.4% | −2,536,200−52.7% | Reduced | History |
| YSGYatsen Holding Ltd | SPONSORED ADS | 6,111,933 | $58.9M | 1.9% | −773,940−11.2% | Reduced | History |
| CWANClearwater Analytics Holdings, Inc. | CL A | 1,365,971 | $30.0M | 1.0% | +1,365,971 | New | History |
| CTKBCytek Biosciences, Inc. | COM | 6,657,030 | $22.6M | 0.7% | 00.0% | Unchanged | History |
| VIPSVipshop Holdings Ltd | SPONSORED ADS A | 1,131,788 | $17.0M | 0.5% | −5,552,113−83.1% | Reduced | History |
| LILi Auto Inc. | SPONSORED ADS | 620,000 | $16.8M | 0.5% | 00.0% | Unchanged | History |
| NBPNovaBridge Biosciences | SPONSORED ADS | 5,980,568 | $14.5M | 0.5% | 00.0% | Unchanged | History |
| ZTOZTO Express (Cayman) Inc. | SPONSORED ADS A | 671,387 | $11.9M | 0.4% | 00.0% | Unchanged | History |
| BZKanzhun Ltd | SPONSORED ADS | 576,339 | $10.3M | 0.3% | 00.0% | Unchanged | History |
| APIAgora, Inc. | ADS | 2,098,553 | $8.00M | 0.3% | 00.0% | Unchanged | History |
| GOSSGossamer Bio, Inc. | COM | 4,974,041 | $6.12M | 0.2% | 00.0% | Unchanged | History |
| MAZEMaze Therapeutics, Inc. | COM | 457,535 | $5.61M | 0.2% | 00.0% | Unchanged | History |
| SGMTSagimet Biosciences Inc. | COM SER A | 724,800 | $5.52M | 0.2% | 00.0% | Unchanged | History |
| Smart SH Global Ltd ADS83193E102 | ADR | 3,949,700 | $4.50M | 0.1% | 00.0% | Unchanged | – |
| TUYATuya Inc. | SPONSERED ADS | 1,564,400 | $3.61M | 0.1% | 00.0% | Unchanged | History |
| CTNMContineum Therapeutics, Inc. | CL A | 669,337 | $2.66M | 0.1% | 00.0% | Unchanged | History |
| MOGUMOGU Inc. | SPON ADS | 847,510 | $1.80M | 0.1% | 00.0% | Unchanged | History |
| Bright Scholar Ed Hldgs Ltd109199208 | SPON ADS NEW | 988,143 | $1.75M | 0.1% | 00.0% | Unchanged | – |
| GEGeneral Electric Co | Stock | 6,305 | $1.62M | 0.1% | −452−6.7% | Reduced | History |
| MCOMoodys Corp | Stock | 2,476 | $1.24M | <0.1% | −161−6.1% | Reduced | History |
| MSCIMSCI Inc. | Stock | 2,008 | $1.16M | <0.1% | −120−5.6% | Reduced | History |
| PACBPacific Biosciences of California, Inc. | COM | 918,892 | $1.14M | <0.1% | 00.0% | Unchanged | History |
| ALGSAligos Therapeutics, Inc. | COM NEW | 76,247 | $549.7K | <0.1% | 00.0% | Unchanged | History |
| Lakeshore Biopharma Co LtdG9845F208 | ORD SHS NEW | 75,179 | $76.7K | <0.1% | 00.0% | Unchanged | – |
| UXINUxin Ltd | SPONSORED ADS | 19,156 | $70.5K | <0.1% | 00.0% | Unchanged | History |
| RDGTRidgetech Inc. | SHS NEW | 20,167 | $22.2K | <0.1% | 00.0% | Unchanged | History |
Sold out since Q1 2025 (15)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| TCOMTrip.com Group Ltd | ADS | 938,842 | $59.7M | 1.7% | History |
| ENFNEnfusion, Inc. | CL A | 4,975,183 | $55.5M | 1.6% | History |
| BIDUBaidu, Inc. | ADR | 170,000 | $15.6M | 0.4% | History |
| YUMCYum China Holdings, Inc. | COM | 292,122 | $15.2M | 0.4% | History |
| HTHTH World Group Ltd | SPONSORED ADS | 237,332 | $8.78M | 0.2% | History |
| ATATAtour Lifestyle Holdings Ltd | SPONSORED ADS | 242,342 | $6.87M | 0.2% | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 33,000 | $5.48M | 0.2% | History |
| SOHUSohu.com Ltd | SPONSORED ADS | 201,432 | $2.65M | 0.1% | History |
| DHRDanaher Corp | Stock | 8,026 | $1.65M | <0.1% | History |
| JOYYJOYY Inc. | ADS REPSTG COM A | 34,000 | $1.43M | <0.1% | History |
| CYDChina Yuchai International Ltd | COM | 70,000 | $1.19M | <0.1% | History |
| WBWEIBO Corp | SPONSORED ADR | 100,000 | $947.0K | <0.1% | History |
| XYFX Financial | SPONSORED ADS | 50,000 | $719.5K | <0.1% | History |
| ECXECARX Holdings Inc. | CLASS A ORD | 400,000 | $504.0K | <0.1% | History |
| MGXMetagenomi Therapeutics, Inc. | COM | 150,699 | $205.0K | <0.1% | History |