HHLR ADVISORS, LTD.
SuperinvestorHHLR Advisors (Hillhouse)
- SEC CIK
- 0001762304
- Manager
- Zhang Lei
- Style
- Growth
Q1 2026 vs. Q4 2025
Positions are compared by share count, long positions only.
All holdings in Q1 2026All holdings in Q4 2025
| Measure | Q4 2025 | Q1 2026 | Change |
|---|---|---|---|
| Positions | 33 | 38 | +5 |
| Total value | $3.1B | $1.67B | −$1.43B (−46.1%) |
New positions (9)
Held at the end of Q1 2026 but not at the end of Q4 2025.
| Security | Class | Shares, Q1 2026 | Value, Q1 2026 | % of portfolio, Q1 2026 |
|---|---|---|---|---|
| MRVLMARVELL TECHNOLOGY INC | COM | 171,033 | $16.94M | 1.01% |
| VIPSVIPSHOP HLDGS LTD | SPONSORED ADS A | 124,700 | $1.96M | 0.12% |
| INTCINTEL CORP COM | Stock | 28,970 | $1.28M | 0.08% |
| NVDANVIDIA CORPORATION COM | Stock | 6,610 | $1.15M | 0.07% |
| LITELUMENTUM HLDGS INC | COM | 1,500 | $1.05M | 0.06% |
| GLWCORNING INC | COM | 7,700 | $1.05M | 0.06% |
| COHRCOHERENT CORP | COM | 4,275 | $1.02M | 0.06% |
| DDLDINGDONG CAYMAN LTD | ADS | 354,500 | $911.07K | 0.05% |
| ISHARES INC464286822 | MSCI MEXICO ETF | 8,800 | $662.02K | 0.04% |
Added (2)
More shares at the end of Q1 2026 than at the end of Q4 2025.
| Security | Class | Shares, Q4 2025 | Shares, Q1 2026 | Change in shares | Value, Q1 2026 | % of portfolio, Q1 2026 |
|---|---|---|---|---|---|---|
| TSMTAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS | ADR | 11,300 | 15,520 | +4,220+37.3% | $5.24M | 0.31% |
| VNETVNET GROUP INC | SPONSORED ADS A | 53,100 | 65,100 | +12,000+22.6% | $546.19K | 0.03% |
Reduced (6)
Fewer shares at the end of Q1 2026 than at the end of Q4 2025.
| Security | Class | Shares, Q4 2025 | Shares, Q1 2026 | Change in shares | Value, Q1 2026 | % of portfolio, Q1 2026 |
|---|---|---|---|---|---|---|
| PDDPDD HOLDINGS INC | SPONSORED ADS | 10,721,400 | 4,165,029 | −6,556,371−61.2% | $425.58M | 25.44% |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | ADR | 5,430,346 | 2,453,657 | −2,976,689−54.8% | $307.84M | 18.40% |
| FUTUFUTU HLDGS LTD | SPON ADS CL A | 1,630,249 | 1,419,483 | −210,766−12.9% | $194.13M | 11.60% |
| MAZEMAZE THERAPEUTICS INC | COM | 457,535 | 366,028 | −91,507−20.0% | $10.93M | 0.65% |
| BULLWEBULL CORP | ORD SHS | 5,974,604 | 1,500,000 | −4,474,604−74.9% | $7.2M | 0.43% |
| AXIAYAXIA ENERGIA SA | SPONSORED ADR | 96,600 | 63,100 | −33,500−34.7% | $711.77K | 0.04% |
Sold out (4)
Held at the end of Q4 2025, gone by the end of Q1 2026.
| Security | Class | Shares, Q4 2025 | Value, Q4 2025 | % of portfolio, Q4 2025 |
|---|---|---|---|---|
| GOOGLALPHABET INC CAP STK CL A | Stock | 7,300 | $2.28M | 0.07% |
| IBITISHARES BITCOIN TRUST ETF | ETF | 35,300 | $1.75M | 0.06% |
| MCOMOODYS CORP COM | Stock | 2,888 | $1.48M | 0.05% |
| AXICYAXIA ENERGIA SA | SPON ADS PF CL C | 25,390 | $218.86K | 0.01% |