Q3 2025 · 13F-HR
HHLR ADVISORS, LTD.holdings as filed
Filed 2025-11-14 · accession 0000902664-25-004996
$4.09B
Reported value
33
Positions
2025-09-30
Period end
The Brief · HHLR ADVISORS, LTD. · Q3 2025
AI · grounded in 13F
HHLR ADVISORS, LTD. established a new position in PDD valued at $1.14B. The fund also initiated new stakes in BABA for $587.96M and FUTU for $563.15M. Additional new positions include BULL at $489.27M and ONC at $352.39M. Total assets under management stand at $4.09B across 33 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 722304102 | PDD | PDD HOLDINGS INC | $1.14B | 27.8% | 8,592,600 | Common | SHARED |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $588.0M | 14.4% | 3,289,666 | Common | SHARED |
| 36118L106 | FUTU | FUTU HLDGS LTD | $563.2M | 13.8% | 3,238,179 | Common | SHARED |
| G9572D103 | BULL | WEBULL CORP | $489.3M | 12.0% | 33,080,846 | Common | SHARED |
| 07725L102 | ONC | BEONE MEDICINES LTD | $352.4M | 8.61% | 1,034,306 | Common | SHARED |
| 056752108 | BIDU | BAIDU INC | $216.2M | 5.29% | 1,641,000 | Common | SHARED |
| 52490G102 | LEGN | LEGEND BIOTECH CORP | $195.2M | 4.77% | 5,984,550 | Common | SHARED |
| 64110W102 | NTES | NETEASE INC | $120.2M | 2.94% | 790,807 | Common | SHARED |
| 04272N102 | AVBP | ARRIVENT BIOPHARMA INC | $82.7M | 2.02% | 4,484,672 | Common | SHARED |
| 482497104 | BEKE | KE HLDGS INC | $80.5M | 1.97% | 4,236,278 | Common | SHARED |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $52.7M | 1.29% | 4,066,553 | Common | SHARED |
| 985194208 | YSG | YATSEN HLDG LTD | $44.3M | 1.08% | 4,885,873 | Common | SHARED |
| 81141R100 | SE | SEA LTD | $32.2M | 0.79% | 180,050 | Common | SHARED |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $24.6M | 0.60% | 1,365,971 | Common | SHARED |
| 23285D109 | CTKB | CYTEK BIOSCIENCES INC | $23.1M | 0.56% | 6,657,030 | Common | SHARED |
| 44975P103 | NBP | I MAB | $22.6M | 0.55% | 5,980,568 | Common | SHARED |
| 38341P102 | GOSS | GOSSAMER BIO INC | $13.1M | 0.32% | 4,974,041 | Common | SHARED |
| 578784100 | MAZE | MAZE THERAPEUTICS INC | $11.9M | 0.29% | 457,535 | Common | SHARED |
| 00851L103 | API | AGORA INC | $8.0M | 0.20% | 2,098,553 | Common | SHARED |
| 21217B100 | CTNM | CONTINEUM THERAPEUTICS INC | $7.9M | 0.19% | 669,337 | Common | SHARED |
| 83193E102 | EM | SMART SH GLOBAL LTD | $5.3M | 0.13% | 3,949,700 | Common | SHARED |
| 786700104 | SGMT | SAGIMET BIOSCIENCES INC | $5.0M | 0.12% | 724,800 | Common | SHARED |
| 90114C107 | TUYA | TUYA INC | $3.9M | 0.09% | 1,564,400 | Common | SHARED |
| 369604301 | GE | GE AEROSPACE | $3.0M | 0.07% | 10,043 | Common | SHARED |
| 608012308 | MOGU | MOGU INC | $2.9M | 0.07% | 847,510 | Common | SHARED |
| 109199208 | BEDU | BRIGHT SCHOLAR ED HLDGS LTD | $1.9M | 0.05% | 988,143 | Common | SHARED |
| 615369105 | MCO | MOODYS CORP | $1.4M | 0.03% | 2,888 | Common | SHARED |
| 69404D108 | PACB | PACIFIC BIOSCIENCES CALIF IN | $1.2M | 0.03% | 918,892 | Common | SHARED |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $902,808 | 0.02% | 80,500 | Common | SHARED |
| 06849F108 | B | BARRICK MNG CORP | $832,358 | 0.02% | 25,400 | Common | SHARED |
| 01626L204 | ALGS | ALIGOS THERAPEUTICS INC | $747,221 | 0.02% | 76,247 | Common | SHARED |
| 91818X306 | UXIN | UXIN LTD | $66,280 | 0.00% | 19,156 | Common | SHARED |
| G2124G120 | RDGT | RIDGETECH INC | $24,604 | 0.00% | 20,167 | Common | SHARED |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.