Hillhouse (HHLR Advisors)
Zhang Lei
Period
Q2 2026
Portfolio Date
Jun 30, 2026
Stocks Held
33
Market Value
$815.2M
Holdings Value Trend
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Top 5 Holdings
$LEGN
Legend Biotech Corporation
20.8%
% of Portfolio
$FUTU
Futu Holdings Limited
19.9%
% of Portfolio
$AVBP
ArriVent BioPharma, Inc.
16.4%
% of Portfolio
$MRVL
Marvell Technology, Inc.
5.8%
% of Portfolio
$VIPS
Vipshop Holdings Limited
5.5%
% of Portfolio
Historical Positions
| Symbol | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| LEGN | 20.8% | 6.5% | 4.2% | 4.8% |
| FUTU | 19.9% | 11.6% | 8.6% | 13.8% |
| AVBP | 16.4% | 5.4% | 2.5% | 2.0% |
| MRVL | 5.8% | 1.0% | - | - |
| VIPS | 5.5% | - | - | - |
| PDD | 4.6% | 25.4% | 39.2% | 27.8% |
| BEKE | 3.9% | 3.8% | 2.1% | 2.0% |
| CTKB | 3.5% | 1.7% | 1.1% | - |
| ALMR | 3.1% | - | - | - |
| BABA | 2.1% | 18.4% | 25.6% | 14.4% |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
Sector Analysis
All Holdings
$LEGN
20.8%
$FUTU
19.9%
$AVBP
16.4%
$MRVL
5.8%
$VIPS
5.5%
$PDD
4.6%
$BEKE
3.9%
$CTKB
3.5%
$ALMR
3.1%
$BABA
2.1%
$ODTX
1.9%
$IMAB
1.4%
$CTNM
1.3%
$MAZE
1.3%
$API
1.0%
$TSM
0.9%
$SGMT
0.7%
$NTES
0.5%
$GE
0.5%
$LITE
0.3%
$NVDA
0.3%
$TUYA
0.3%
$GLW
0.3%
$COHR
0.3%
$BULL
0.2%
$INTC
0.2%
$PACB
0.2%
$TXN
0.2%
$GOSS
0.1%
$EQX
0.1%
$ZM
0.1%
$ALGS
0.1%
$RDGT
0.0%