HHLR ADVISORS, LTD.

Superinvestor

HHLR Advisors (Hillhouse)

SEC CIK
0001762304
Manager
Zhang Lei
Style
Growth

Q2 2026 vs. Q1 2026

Positions are compared by share count, long positions only.

All holdings in Q2 2026All holdings in Q1 2026

HHLR ADVISORS, LTD.: Q1 2026 compared with Q2 2026
MeasureQ1 2026Q2 2026Change
Positions3835−3
Total value$1.67B$832.07M−$840.75M (−50.3%)

New positions (6)

Held at the end of Q2 2026 but not at the end of Q1 2026.

HHLR ADVISORS, LTD.: new positions in Q2 2026
SecurityClassShares, Q2 2026Value, Q2 2026% of portfolio, Q2 2026
ALMRALAMAR BIOSCIENCES INCCOMMON STOCK956,462$25.91M3.11%
ODTXODYSSEY THERAPEUTICS INCCOMMON STOCK831,656$15.56M1.87%
NTESNETEASE COM INCSPONSORED ADS34,999$4.48M0.54%
TXNTEXAS INSTRS INC COMStock4,800$1.43M0.17%
ZMZOOM COMMUNICATIONS INC CL AStock9,010$777.65K0.09%
RDGTRIDGETECH INC SHS NEWStock136$2040.00%

Added (6)

More shares at the end of Q2 2026 than at the end of Q1 2026.

HHLR ADVISORS, LTD.: positions added to in Q2 2026
SecurityClassShares, Q1 2026Shares, Q2 2026Change in sharesValue, Q2 2026% of portfolio, Q2 2026
FUTUFUTU HLDGS LTDSPON ADS CL A1,419,4831,768,283+348,800+24.6%$165.76M19.92%
VIPSVIPSHOP HLDGS LTDSPONSORED ADS A124,7003,470,400+3,345,700+2,683.0%$46.02M5.53%
LITELUMENTUM HLDGS INCCOM1,5003,300+1,800+120.0%$2.83M0.34%
NVDANVIDIA CORPORATION COMStock6,61014,054+7,444+112.6%$2.81M0.34%
GLWCORNING INCCOM7,70010,266+2,566+33.3%$2.62M0.32%
COHRCOHERENT CORPCOM4,2756,417+2,142+50.1%$2.53M0.30%

Reduced (7)

Fewer shares at the end of Q2 2026 than at the end of Q1 2026.

HHLR ADVISORS, LTD.: positions reduced in Q2 2026
SecurityClassShares, Q1 2026Shares, Q2 2026Change in sharesValue, Q2 2026% of portfolio, Q2 2026
MRVLMARVELL TECHNOLOGY INCCOM171,033162,933−8,100−4.7%$48.54M5.83%
PDDPDD HOLDINGS INCSPONSORED ADS4,165,029500,000−3,665,029−88.0%$38.14M4.58%
BEKEKE HLDGS INCSPONSORED ADS4,236,2782,218,377−2,017,901−47.6%$32.23M3.87%
BABAALIBABA GROUP HLDG LTD SPONSORED ADSADR2,453,657183,934−2,269,723−92.5%$17.65M2.12%
TSMTAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADSADR15,52015,510−10−0.1%$7.41M0.89%
BULLWEBULL CORPORD SHS1,500,000309,857−1,190,143−79.3%$2.02M0.24%
INTCINTEL CORP COMStock28,97014,300−14,670−50.6%$2M0.24%

Sold out (9)

Held at the end of Q1 2026, gone by the end of Q2 2026.

HHLR ADVISORS, LTD.: positions sold out in Q2 2026
SecurityClassShares, Q1 2026Value, Q1 2026% of portfolio, Q1 2026
ONCBEONE MEDICINES LTD SPONSORED ADSADR1,034,306$307.16M18.36%
CLEARWATER ANALYTICS HLDGS I185123106CL A1,365,971$32.31M1.93%
BBARRICK MNG CORP COM SHSStock25,400$1.04M0.06%
DDLDINGDONG CAYMAN LTDADS354,500$911.07K0.05%
AXIAYAXIA ENERGIA SASPONSORED ADR63,100$711.77K0.04%
ISHARES INC464286822MSCI MEXICO ETF8,800$662.02K0.04%
VNETVNET GROUP INCSPONSORED ADS A65,100$546.19K0.03%
UXINUXIN LTDSPONSORED ADS19,156$58.81K0.00%
RDGTCHINA JO-JO DRUGSTORES INCSHS NEW20,167$6570.00%