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Asset Manager ← All Institutions

HHLR ADVISORS, LTD.

Q2 2025 · Filed 2025-08-14
Market Value
$2.5B
-25.2%
Holdings
43
-5
New Purchases
1
Added To
2
Closed
14
Reduced
8
Top 10 Concentration
94.7%
Turnover
34.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FUTU 20.91% 12.94% +7.97% $533M
PDD 28.65% 22.79% +5.85% $730M
LEGN 8.33% 5.96% +2.37% $212M
ONC 9.82% 8.26% +1.56% $250M
AVBP 3.83% 2.43% +1.40% $98M
CWAN 1.18% 0.00% +1.18% $30M
NTES 8.78% 8.06% +0.72% $224M
IMAB 0.57% 0.14% +0.42% $14M
LI 0.66% 0.46% +0.20% $17M
SGMT 0.22% 0.07% +0.15% $6M
CTKB 0.89% 0.78% +0.10% $23M
GOSS 0.24% 0.16% +0.08% $6M
BZ 0.40% 0.32% +0.08% $10M
ZTO 0.47% 0.39% +0.08% $12M
MAZE 0.22% 0.15% +0.07% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BABA 5.12% 15.16% -10.05% $130M
JD 2.91% 5.81% -2.89% $74M
VIPS 0.67% 3.08% -2.41% $17M
BEKE 5.20% 7.06% -1.86% $132M
TCOM 0.00% 1.75% -1.75% $0
ENFN 0.00% 1.63% -1.63% $0
BIDU 0.00% 0.46% -0.46% $0
YUMC 0.00% 0.45% -0.45% $0
HTHT 0.00% 0.26% -0.26% $0
ATAT 0.00% 0.20% -0.20% $0
TSM 0.00% 0.16% -0.16% $0
SOHU 0.00% 0.08% -0.08% $0
DHR 0.00% 0.05% -0.05% $0
JOYY 0.00% 0.04% -0.04% $0
CYD 0.00% 0.03% -0.03% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 3 $132M 5.2%
Large Cap 15 $2.0B 77.5%
Mid Cap 7 $270M 10.6%
Small Cap 11 $156M 6.1%
Micro Cap 7 $16M 0.6%

Portfolio Analytics

Avg Market Cap
$80.4B
Median Market Cap
$5.4B
Avg P/E
34.5
Median P/E
17.1
Avg Dividend Yield
0.02%
Avg Beta
0.80
# Stocks
43
# ETFs / Funds
0

Top Holdings (43 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 PDD 28.65% 6,976,804 $730M $104.66 -$46M +414,228 +6.3%
2 FUTU 20.91% 4,312,237 $533M $123.59 $92M +4,745 +0.1%
3 ONC 9.82% 1,034,306 $250M $242.07 -$31M
4 NTES 8.78% 1,663,668 $224M $134.58 -$51M -1,005,029 -37.7%
5 LEGN 8.33% 5,984,550 $212M $35.49 $9M
6 BEKE 5.20% 7,465,465 $132M $17.74 -$108M -4,507,937 -37.6%
7 BABA 5.12% 1,149,700 $130M $113.41 -$386M -2,758,055 -70.6%
8 AVBP 3.83% 4,484,672 $98M $21.77 $15M
9 JD 2.91% 2,275,500 $74M $32.64 -$124M -2,536,200 -52.7%
10 CWAN 1.18% 1,365,971 $30M $21.93 +1,365,971 NEW
11 CTKB 0.89% 6,657,030 $23M $3.40 -$4M
12 VIPS 0.67% 1,131,788 $17M $15.05 -$88M -5,552,113 -83.1%
13 LI 0.66% 620,000 $17M $27.11 $1M
14 IMAB 0.57% 5,980,568 $14M $2.42 $10M
15 ZTO 0.47% 671,387 $12M $17.75 -$1M
16 BZ 0.40% 576,339 $10M $17.84 -$767K
17 API 0.31% 2,098,553 $8M $3.81 -$441K
18 GOSS 0.24% 4,974,041 $6M $1.23 $647K
19 MAZE 0.22% 457,535 $6M $12.27 $576K
20 SGMT 0.22% 724,800 $6M $7.62 $3M
21 EM 0.18% 3,949,700 $5M $1.14 $79K
22 TUYA 0.14% 1,564,400 $4M $2.31 -$1M
23 CTNM 0.10% 669,337 $3M $3.97 -$2M
24 GE 0.06% 6,305 $2M $257.39 $270K -452 -6.7%
25 MCO 0.05% 2,476 $1M $501.59 $14K -161 -6.1%
26 MSCI 0.05% 2,008 $1M $576.74 -$45K -120 -5.6%
27 PACB 0.04% 918,892 $1M $1.24 $55K
28 LSBCF —% 75,179 $77K $1.02 -$105K
29 CJJD —% 20,167 $22K $1.10 $1K
30 XYF —% -$720K -50,000 -100.0% SOLD
31 YUMC —% -$15M -292,122 -100.0% SOLD
32 MGX —% -$205K -150,699 -100.0% SOLD
33 CYD —% -$1M -70,000 -100.0% SOLD
34 TSM —% -$5M -33,000 -100.0% SOLD
35 WB —% -$947K -100,000 -100.0% SOLD
36 HTHT —% -$9M -237,332 -100.0% SOLD
37 DHR —% -$2M -8,026 -100.0% SOLD
38 TCOM —% -$60M -938,842 -100.0% SOLD
39 BIDU —% -$16M -170,000 -100.0% SOLD
40 SOHU —% -$3M -201,432 -100.0% SOLD
41 JOYY —% -$1M -34,000 -100.0% SOLD
42 ENFN —% -$55M -4,975,183 -100.0% SOLD
43 ATAT —% -$7M -242,342 -100.0% SOLD

New Positions

SymbolValue% Port
CWAN $30M 1.18%

Sold Out Positions

SymbolValue% Port
XYF —%
DHR —%
CYD —%
YUMC —%
TSM —%
HTHT —%
BIDU —%
JOYY —%
ATAT —%
MGX —%
SOHU —%
WB —%
TCOM —%
ENFN —%
View SEC EDGAR Filings for HHLR ADVISORS, LTD. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms