HHLR ADVISORS, LTD.
Hedge FundCIKLocation
Long U.S. equity positions disclosed to the SEC on Form 13F-HR.
Latest filingQ1 2026Quarter ended31 Mar 2026Filed15 May 2026
Firm profile · Form ADV
SEC adviser registrationHHLR Advisors, Ltd. provides investment advice to privately-offered pooled investment vehicles and managed accounts. The firm generally focuses on publicly-listed or similarly liquid investment opportunities.Summarised from the firm’s Form ADV Part 2A brochure.
Portfolio Turnover
34%
Of book traded, QoQ
Positions
38
Long U.S. equities
Top 10 Concentration
94%
Of reported value
QoQ Change
$-1.4B
Value change
Assets under management
Form ADV RAUM · client mix · 13F over timeRegulatory AUM
$45.9B
Form ADV, as of Mar 2023
● 99% discretionary ($45.5B)
● 1% non-discretionary ($397M)
● 1% non-discretionary ($397M)
By client type
13F AUM over time
$1.7B
Q1 ’26 · 13F AUM
▼ 31%
30 quarters
Sector Breakdown
Latest filingConsumer Discretionary44.1% · $737.3M
Health Care34.5% · $576.7M
Financials11.6% · $194.1M
Real Estate3.8% · $63.4M
Unclassified2.4% · $40.2M
Information Technology2.4% · $39.3M
Consumer Staples1.0% · $16.0M
Other0.3% · $5.8M
★ Position spotlightPDD
| Security⇅ | Shares⇅ | Market Value▼ | Est. Cost⇅ | Last Px⇅ | Est. Return⇅ | % Portfolio⇅ | Δ Shares⇅ | Action⇅ |
|---|---|---|---|---|---|---|---|---|
| 4.17MSH | $425.6M | ~$102.18 | $76.55 | ▼25.1% | 25.4% | ▼ 61.2% | Reduced | |
| 2.45MSH | $307.8M | ~$125.46 | $94.81 | ▼24.4% | 18.4% | ▼ 54.8% | Reduced | |
| 1.03MSH | $307.2M | ~$296.97 | $279.89 | ▼5.8% | 18.4% | — | Unchanged | |
| 1.42MSH | $194.1M | ~$136.76 | $96.40 | ▼29.5% | 11.6% | ▼ 12.9% | Reduced | |
| 5.98MSH | $108.3M | ~$18.09 | $28.69 | ▲58.6% | 6.5% | — | Unchanged | |
| 3.93MSH | $90.6M | ~$23.07 | $34.00 | ▲47.4% | 5.4% | — | Unchanged | |
| 4.24MSH | $63.4M | ~$14.97 | $14.26 | ▼4.7% | 3.8% | — | Unchanged | |
| 1.37MSH | $32.3M | ~$23.65 | — | — | 1.9% | — | Unchanged | |
| 6.66MSH | $29.1M | ~$4.37 | $4.48 | ▲2.5% | 1.7% | — | Unchanged | |
| 171KSH | $16.9M | ~$99.05 | $266.77 | ▲169.3% | 1.0% | New | New | |
| 4.89MSH | $15.0M | ~$3.08 | $3.20 | ▲3.9% | 0.9% | — | Unchanged | |
| 5.98MSH | $14.7M | ~$2.46 | $1.64 | ▼33.3% | 0.9% | — | Unchanged | |
| 366KSH | $10.9M | ~$29.85 | $28.43 | ▼4.8% | 0.7% | ▼ 20.0% | Reduced | |
| 669KSH | $8.7M | ~$13.06 | $14.19 | ▲8.7% | 0.5% | — | Unchanged | |
| 2.10MSH | $7.4M | ~$3.54 | $4.06 | ▲14.7% | 0.4% | — | Unchanged | |
| 1.50MSH | $7.2M | ~$4.80 | — | — | 0.4% | ▼ 74.9% | Reduced | |
| 16KSH | $5.2M | ~$337.95 | $432.35 | ▲27.9% | 0.3% | ▲ 37.3% | Added | |
| 725KSH | $3.8M | ~$5.22 | $7.06 | ▲35.1% | 0.2% | — | Unchanged | |
| 1.56MSH | $3.6M | ~$2.31 | $1.80 | ▼22.1% | 0.2% | — | Unchanged | |
| 10KSH | $2.8M | ~$283.77 | $369.00 | ▲30.0% | 0.2% | — | Unchanged |
PDDReduced
$425.6M· 25.4%· 4.17M SH· ▼ 61.2%· cost $102.18· last $76.55· ▼25.1%
BABAReduced
$307.8M· 18.4%· 2.45M SH· ▼ 54.8%· cost $125.46· last $94.81· ▼24.4%
ONCUnchanged
$307.2M· 18.4%· 1.03M SH· —· cost $296.97· last $279.89· ▼5.8%
FUTUReduced
$194.1M· 11.6%· 1.42M SH· ▼ 12.9%· cost $136.76· last $96.40· ▼29.5%
LEGNUnchanged
$108.3M· 6.5%· 5.98M SH· —· cost $18.09· last $28.69· ▲58.6%
AVBPUnchanged
$90.6M· 5.4%· 3.93M SH· —· cost $23.07· last $34.00· ▲47.4%
BEKEUnchanged
$63.4M· 3.8%· 4.24M SH· —· cost $14.97· last $14.26· ▼4.7%
Unchanged
$32.3M· 1.9%· 1.37M SH· —· cost $23.65
CTKBUnchanged
$29.1M· 1.7%· 6.66M SH· —· cost $4.37· last $4.48· ▲2.5%
MRVLNew
$16.9M· 1.0%· 171K SH· New· cost $99.05· last $266.77· ▲169.3%
YSGUnchanged
$15.0M· 0.9%· 4.89M SH· —· cost $3.08· last $3.20· ▲3.9%
NBPUnchanged
$14.7M· 0.9%· 5.98M SH· —· cost $2.46· last $1.64· ▼33.3%
MAZEReduced
$10.9M· 0.7%· 366K SH· ▼ 20.0%· cost $29.85· last $28.43· ▼4.8%
CTNMUnchanged
$8.7M· 0.5%· 669K SH· —· cost $13.06· last $14.19· ▲8.7%
APIUnchanged
$7.4M· 0.4%· 2.10M SH· —· cost $3.54· last $4.06· ▲14.7%
Reduced
$7.2M· 0.4%· 1.50M SH· ▼ 74.9%· cost $4.80
TSMAdded
$5.2M· 0.3%· 16K SH· ▲ 37.3%· cost $337.95· last $432.35· ▲27.9%
SGMTUnchanged
$3.8M· 0.2%· 725K SH· —· cost $5.22· last $7.06· ▲35.1%
TUYAUnchanged
$3.6M· 0.2%· 1.56M SH· —· cost $2.31· last $1.80· ▼22.1%
GEUnchanged
$2.8M· 0.2%· 10K SH· —· cost $283.77· last $369.00· ▲30.0%
1–20 of 38
1 / 2