HHLR ADVISORS, LTD.HHLR ADVISORS, LTD.

Institutional investor · Portfolio as of Q3 2023

Top Holdings60 positions

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Activity:
ONCONC
ADR

BEIGENE LTD

5.2M$931.2M20.8%$136.90+31.39%
20 qtrssince 2018-Q4
Unchanged
0
PDDPDD
ADR

PDD HOLDINGS INC

7.4M$720.9M16.1%$73.75+32.97%
6 qtrssince 2022-Q2
Decreased
0
BEKEBEKE
ADR

KE HLDGS INC

30.7M$475.9M10.6%$21.08-30.94%
13 qtrssince 2020-Q3
Decreased
0
LEGNLEGN
ADR

LEGEND BIOTECH CORP

6.4M$432.3M9.7%$50.98+31.75%
14 qtrssince 2020-Q2
Unchanged
0

MICROSOFT CORP

801,700$253.1M5.7%$302.56+2.62%
6 qtrssince 2022-Q2
Increased
63

DOORDASH INC

2.7M$211.9M4.7%$116.24-31.63%
12 qtrssince 2020-Q4
Unchanged
0

SALESFORCE INC

908,637$184.3M4.1%$206.97-3.20%
15 qtrssince 2020-Q1
Decreased
0
BABABABA
ADR

ALIBABA GROUP HLDG LTD

2M$176.1M3.9%$96.55-15.46%
6 qtrssince 2022-Q2
Decreased
0

TAKE-TWO INTERACTIVE SOFTWAR

783,000$109.9M2.5%$145.47-3.49%
2 qtrssince 2023-Q2
Unchanged
0

AMAZON COM INC

802,000$102M2.3%$126.48+0.51%
6 qtrssince 2022-Q2
Increased
83
HTHTHTHT
ADR

H WORLD GROUP LTD

2.4M$95.9M2.1%$42.46-16.18%
14 qtrssince 2020-Q2
Decreased
0

BRIDGEBIO PHARMA INC

2.8M$73.4M1.6%$28.25-6.67%
18 qtrssince 2019-Q2
Decreased
0
BIDUBIDU
ADR

BAIDU INC

535,400$71.9M1.6%$148.69-9.64%
3 qtrssince 2023-Q1
Decreased
0
DQDQ
ADR

DAQO NEW ENERGY CORP

2M$61.7M1.4%$64.26-82.88%
7 qtrssince 2022-Q1
Unchanged
0
ENFNENFNDelisted

ENFUSION INC

5M$44.6M1.0%——
8 qtrssince 2021-Q4
Unchanged
0

COUPANG INC

2.6M$43.9M1.0%$25.60-33.60%
9 qtrssince 2021-Q3
Decreased
0

CYTEK BIOSCIENCES INC

6.7M$36.7M0.8%$21.41-74.22%
9 qtrssince 2021-Q3
Unchanged
0
YSYSG
ADR

YATSEN HLDG LTD

34.9M$34.9M0.8%$10.59-52.79%
12 qtrssince 2020-Q4
Unchanged
0
ZTOZTO
ADR

ZTO EXPRESS CAYMAN INC

1.4M$32.7M0.7%$24.06-5.98%
3 qtrssince 2023-Q1
Decreased
0
RYZBRYZBDelisted

RAYZEBIO INC

1.4M$31M0.7%——
1 qtr
New
56
$4.5B
AUM
60
Positions
Q3 2023
Filing
HI score · 2.5/5
Quarterly 13F Value Change
-3%Q2'22$4.7B-18%Q3'22$3.8B+25%Q4'22$4.7B+19%Q1'23$5.6B-17%Q2'23$4.7B-5%Q3'23$4.5B
Activity profile
$ moved · Q3'23
New10%Increased14%Decreased70%Exited7%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.4 years
<1Q7%1-4Q17%1-2Y15%2Y+62%

HHLR ADVISORS, LTD. manages $4.5B across 60 positions as of Q3 2023. Top holdings: ONC (20.8%), PDD (16.1%), BEKE (10.6%). Fund DNA: Balanced Allocator. HoldingsIntel Score: 2.5/5.0.

Q3 2023 Summary

Active quarter - 7 new positions, 7 exits, 4 increased. Top move: AMZN (INCREASED, conviction 83). Portfolio: $4.5B across 60 positions.

Top holdings by portfolio weight

Total AUM$4B
ONC20.79%
PDD16.10%
BEKE10.63%
LEGN9.65%
MSFT5.65%
DASH4.73%
CRM4.11%
BABA3.93%
TTWO2.45%
AMZN2.28%
Other2.14%

Portfolio allocation by GICS sector

Sectors9
Healthcare36.87%
Consumer Cyclical31.35%
Technology12.20%
Real Estate10.63%
Communication Services4.62%
Unknown2.03%
Consumer Defensive1.46%
Industrials0.73%
Financial Services0.10%

Behavioral investing profile

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Balanced Allocator- primarily Healthcare, Consumer Cyclical, Technology
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Solid(2.5 / 5.0)
Holdings P&L27
Conviction41
Concentration100
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

No active accumulation streaks detected for this filer.

Streaks require 2+ consecutive quarters of increased positions in the most recent period.

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Verify source filings on SEC EDGAR

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