HHLR Advisors, LTD.
HHLR Advisors, Ltd. is a global hedge fund and investment adviser headquartered in Singapore, functioning as part of Hillhouse Capital. Founded in 2012, the firm is known for its expertise in Asian equity markets and is a subsidiary of Hillhouse Group Holdings. HHLR Advisors manages portfolios primarily for institutional clients and high-net-worth individuals, with a staff of over 200 employees, including investment professionals and operations experts.
Investment Strategy
HHLR Advisors, Ltd., as part of Hillhouse Capital, pursues a fundamental, research-driven investment approach with a strong focus on long-term value creation in public and private equities, particularly in Asia. The firm blends bottom-up company analysis with active portfolio management, seeking out companies with sustainable growth prospects, durable competitive advantages, and robust management teams. Their portfolio is concentrated among high-conviction ideas, with significant investments in Chinese and Asia-Pacific equities, reflecting deep domain expertise in the region’s consumer, technology, and healthcare sectors.
Top Holdings
Equity Positions (30)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PDD | PDD HOLDINGS INC | 23.52% | $730.2M | 6,976,804 | $109.26 | $104.66 | -$46.5M |
F FUTU | FUTU HLDGS LTD | 17.17% | $532.9M | 4,312,237 | $95.16 | $123.59 | +$92.1M |
B BULL | WEBULL CORP | 12.74% | $395.6M | 33,080,846 | $11.96 | $11.96 | +$395.6M |
N NTES | NETEASE INC | 7.21% | $223.9M | 1,663,668 | $93.99 | $134.58 | -$50.8M |
L LEGN | LEGEND BIOTECH CORP | 6.84% | $212.4M | 5,984,550 | $52.11 | $35.49 | +$9.3M |