HHLR ADVISORS, LTD. — 13F Holdings & Portfolio
CIK 1762304 · latest 13F-HR filed 2026-05-15
HHLR ADVISORS, LTD. manages $1.67B in 13F-reported U.S. long-equity assets across 38 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are PDD (25.44%), BABA (18.40%), ONC (18.36%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 9 new positions, exited 4, added to 5, and trimmed 20.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.67B
Long-equity book
38
Distinct positions
2026-03-31
Filed 2026-05-15
+9 / −4 / ↑5 / ↓20
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ARRIVENT BIOPHARMA INC$11.6M +14.7%
- TAIWAN SEMICONDUCTOR MANUFAC$1.8M +52.7%
- CONTINEUM THERAPEUTICS INC$1.1M +14.3%
- TUYA INC$312.9K +9.5%
- VNET GROUP INC$97.0K +21.6%
Top Trims
- PDD HOLDINGS INC-$790.1M -65.0%
- ALIBABA GROUP HLDG LTD-$488.1M -61.3%
- FUTU HLDGS LTD-$73.6M -27.5%
- WEBULL CORP-$39.2M -84.5%
- LEGEND BIOTECH CORP-$21.8M -16.8%
New Positions
- MARVELL TECHNOLOGY INC$16.9M
- VIPSHOP HLDGS LTD$2.0M
- INTEL CORP$1.3M
- NVIDIA CORPORATION$1.2M
- LUMENTUM HLDGS INC$1.1M
Exited Positions
- ALPHABET INC$2.3M
- ISHARES BITCOIN TRUST ETF$1.8M
- MOODYS CORP$1.5M
- CENTRAIS ELET BRAS SA$218.9K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | PDD HOLDINGS INC | PDD | 722304102 | $425.6M | 25.44% | 4,165,029 | SH |
| 2 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $307.8M | 18.40% | 2,453,657 | SH |
| 3 | BEONE MEDICINES LTD | ONC | 07725L102 | $307.2M | 18.36% | 1,034,306 | SH |
| 4 | FUTU HLDGS LTD | FUTU | 36118L106 | $194.1M | 11.60% | 1,419,483 | SH |
| 5 | LEGEND BIOTECH CORP | LEGN | 52490G102 | $108.3M | 6.47% | 5,984,550 | SH |
| 6 | ARRIVENT BIOPHARMA INC | AVBP | 04272N102 | $90.6M | 5.42% | 3,929,117 | SH |
| 7 | KE HLDGS INC | BEKE | 482497104 | $63.4M | 3.79% | 4,236,278 | SH |
| 8 | CLEARWATER ANALYTICS HLDGS I | CWAN | 185123106 | $32.3M | 1.93% | 1,365,971 | SH |
| 9 | CYTEK BIOSCIENCES INC | CTKB | 23285D109 | $29.1M | 1.74% | 6,657,030 | SH |
| 10 | MARVELL TECHNOLOGY INC | MRVL | 573874104 | $16.9M | 1.01% | 171,033 | SH |
| 11 | YATSEN HLDG LTD | YSG | 985194208 | $15.0M | 0.90% | 4,885,873 | SH |
| 12 | NOVABRIDGE BIOSCIENCES | NBP | 44975P103 | $14.7M | 0.88% | 5,980,568 | SH |
| 13 | MAZE THERAPEUTICS INC | MAZE | 578784100 | $10.9M | 0.65% | 366,028 | SH |
| 14 | CONTINEUM THERAPEUTICS INC | CTNM | 21217B100 | $8.7M | 0.52% | 669,337 | SH |
| 15 | AGORA INC | API | 00851L103 | $7.4M | 0.44% | 2,098,553 | SH |
| 16 | WEBULL CORP | BULL | G9572D103 | $7.2M | 0.43% | 1,500,000 | SH |
| 17 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $5.2M | 0.31% | 15,520 | SH |
| 18 | SAGIMET BIOSCIENCES INC | SGMT | 786700104 | $3.8M | 0.23% | 724,800 | SH |
| 19 | TUYA INC | TUYA | 90114C107 | $3.6M | 0.22% | 1,564,400 | SH |
| 20 | GE AEROSPACE | GE | 369604301 | $2.8M | 0.17% | 10,043 | SH |
| 21 | VIPSHOP HLDGS LTD | VIPS | 92763W103 | $2.0M | 0.12% | 124,700 | SH |
| 22 | MOGU INC | MOGU | 608012308 | $1.9M | 0.11% | 847,510 | SH |
| 23 | GOSSAMER BIO INC | GOSS | 38341P102 | $1.6M | 0.10% | 4,974,041 | SH |
| 24 | INTEL CORP | INTC | 458140100 | $1.3M | 0.08% | 28,970 | SH |
| 25 | PACIFIC BIOSCIENCES CALIF IN | PACB | 69404D108 | $1.2M | 0.07% | 918,892 | SH |
| 26 | EQUINOX GOLD CORP | EQX | 29446Y502 | $1.2M | 0.07% | 80,500 | SH |
| 27 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.2M | 0.07% | 6,610 | SH |
| 28 | LUMENTUM HLDGS INC | LITE | 55024U109 | $1.1M | 0.06% | 1,500 | SH |
| 29 | CORNING INC | GLW | 219350105 | $1.0M | 0.06% | 7,700 | SH |
| 30 | BARRICK MNG CORP | B | 06849F108 | $1.0M | 0.06% | 25,400 | SH |
| 31 | COHERENT CORP | COHR | 19247G107 | $1.0M | 0.06% | 4,275 | SH |
| 32 | DINGDONG CAYMAN LTD | DDL | 25445D101 | $911.1K | 0.05% | 354,500 | SH |
| 33 | CENTRAIS ELET BRAS SA | AXIA | 15234Q207 | $711.8K | 0.04% | 63,100 | SH |
| 34 | ISHARES INC | EWW | 464286822 | $662.0K | 0.04% | 8,800 | SH |
| 35 | ALIGOS THERAPEUTICS INC | ALGS | 01626L204 | $566.5K | 0.03% | 76,247 | SH |
| 36 | VNET GROUP INC | VNET | 90138A103 | $546.2K | 0.03% | 65,100 | SH |
| 37 | UXIN LTD | UXIN | 91818X306 | $58.8K | 0.00% | 19,156 | SH |
| 38 | RIDGETECH INC | RDGT | G2124G120 | $657 | 0.00% | 20,167 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $1.67B | 38 | 0000919574-26-003551 |
| 2025-12-31 | 2026-02-17 | $3.10B | 33 | 0000902664-26-001126 |
| 2025-09-30 | 2025-11-14 | $4.09B | 33 | 0000902664-25-004996 |