HHLR Advisors, LTD.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), HHLR Advisors, LTD. reported 35 stock positions worth $832.1 million. Its top holding was Legend Biotech Corp.-ADR (LEGN) at 20.8% of the portfolio, followed by Futu Holdings Ltd.-ADR (FUTU, 19.9%) and Arrivent Biopharma (AVBP, 16.4%). Compared with Q1 2026, it opened 6 new positions, sold out of 9, added to 6 and reduced 7. The biggest buy was Futu Holdings Ltd.-ADR (FUTU, shares +25%) and the biggest sale PDD (PDD, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- GRAND CAYMAN, E9
- CIK
- 0001762304
- Portfolio Value
- $832.1M (Q2 2026)
- SEC Filing
- 0000919574-26-005568 ↗ filed Aug 14, 2026
Holdings Value
Holdings 35 stocks · $832.1M
| LEGN Legend Biotech Corp.-ADR | 20.77% | 5,984,550 | $172.8M | No change |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 19.92% | 1,768,283 | $165.8M | Add +24.6% |
| AVBP Arrivent Biopharma Inc. | 16.40% | 3,929,117 | $136.5M | No change |
| MRVL Marvell Technology Inc. | 5.83% | 162,933 | $48.5M | Reduce -4.7% |
| VIPS Vipshop Holdings Ltd. - ADR | 5.53% | 3,470,400 | $46.0M | Add +2683.0% |
| PDD PDD Holdings Inc. | 4.58% | 500,000 | $38.1M | Reduce -88.0% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 3.87% | 2,218,377 | $32.2M | Reduce -47.6% |
| CTKB Cytek Biosciences Inc. | 3.54% | 6,657,030 | $29.5M | No change |
| ALMR Alamar Biosciences Inc. | 3.11% | 956,462 | $25.9M | New |
| BABA Alibaba Group Holding-SP ADR | 2.12% | 183,934 | $17.7M | Reduce -92.5% |
| ODTX Odyssey Therapeutics Inc. | 1.87% | 831,656 | $15.6M | New |
| YSG Yatsen Holding Ltd.-ADR | 1.86% | 4,885,873 | $15.5M | No change |
| NBP Novabridge Biosciences | 1.40% | 5,980,568 | $11.7M | No change |
| CTNM Contineum Therapeutics Inc. Class A | 1.32% | 669,337 | $11.0M | No change |
| MAZE Maze Therapeutics Inc. | 1.31% | 366,028 | $10.9M | No change |
| API Agora Inc.-ADR | 1.01% | 2,098,553 | $8.4M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.89% | 15,510 | $7.4M | Reduce -0.1% |
| SGMT Sagimet Biosciences Inc. Class A | 0.67% | 724,800 | $5.6M | No change |
| NTES Netease Inc.-ADR | 0.54% | 34,999 | $4.5M | New |
| GE General Electric filed as GE AEROSPACE | 0.45% | 10,043 | $3.8M | No change |
| LITE Lumentum Holdings Inc. | 0.34% | 3,300 | $2.8M | Add +120.0% |
| NVDA Nvidia Corp. | 0.34% | 14,054 | $2.8M | Add +112.6% |
| TUYA Tuya Inc. | 0.33% | 1,564,400 | $2.8M | No change |
| GLW Corning Inc. | 0.32% | 10,266 | $2.6M | Add +33.3% |
| COHR Coherent Corp. | 0.30% | 6,417 | $2.5M | Add +50.1% |
| BULL Webull Corp. | 0.24% | 309,857 | $2.0M | Reduce -79.3% |
| INTC Intel Corp. | 0.24% | 14,300 | $2.0M | Reduce -50.6% |
| PACB Pacific Biosciences of Calif | 0.19% | 918,892 | $1.5M | No change |
| TXN Texas Instruments Inc. | 0.17% | 4,800 | $1.4M | New |
| MOGU Mogu Inc.-ADR | 0.17% | 847,510 | $1.4M | No change |
| GOSS Gossamer Bio Inc. | 0.10% | 4,974,041 | $819K | No change |
| EQX Equinox Gold Corp. | 0.09% | 80,500 | $782K | No change |
| ZM Zoom Communications Inc. | 0.09% | 9,010 | $778K | New |
| ALGS Aligos Therapeutics Inc. | 0.05% | 76,247 | $440K | No change |
| RDGT Ridgetech Inc. | 0.00% | 136 | $204 | New |
Portfolio Sells Q1 2026 → Q2 2026
| PDD PDD Holdings Inc. | Reduce -88.0% | 4.58% | −20.86 |
| ONC Beone Medicines Ltd.-ADR | Sold out | 0.00% | −18.36 |
| BABA Alibaba Group Holding-SP ADR | Reduce -92.5% | 2.12% | −16.28 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −1.93 |
| BULL Webull Corp. | Reduce -79.3% | 0.24% | −0.19 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.06 |
| DDL Dingdong Cayman Ltd. -SPN ADR | Sold out | 0.00% | −0.05 |
| AXIAY Axia Energia-ADR | Sold out | 0.00% | −0.04 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −0.04 |
| VNET Vnet Group Inc.-ADR | Sold out | 0.00% | −0.03 |
| UXIN Uxin Ltd. - ADR | Sold out | 0.00% | −0.00 |
| RDGT Ridgetech Inc. | Sold out | 0.00% | 0.00 |
| BEKE Ke Holdings Inc.-ADR | Reduce -47.6% | 3.87% | +0.08 |
| INTC Intel Corp. | Reduce -50.6% | 0.24% | +0.16 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.1% | 0.89% | +0.58 |
| MRVL Marvell Technology Inc. | Reduce -4.7% | 5.83% | +4.82 |
Portfolio Buys Q1 2026 → Q2 2026
| FUTU Futu Holdings Ltd.-ADR | Add +24.6% | 19.92% | +8.32 |
| VIPS Vipshop Holdings Ltd. - ADR | Add +2683.0% | 5.53% | +5.41 |
| ALMR Alamar Biosciences Inc. | New | 3.11% | +3.11 |
| ODTX Odyssey Therapeutics Inc. | New | 1.87% | +1.87 |
| NTES Netease Inc.-ADR | New | 0.54% | +0.54 |
| LITE Lumentum Holdings Inc. | Add +120.0% | 0.34% | +0.28 |
| NVDA Nvidia Corp. | Add +112.6% | 0.34% | +0.27 |
| GLW Corning Inc. | Add +33.3% | 0.32% | +0.25 |
| COHR Coherent Corp. | Add +50.1% | 0.30% | +0.24 |
| TXN Texas Instruments Inc. | New | 0.17% | +0.17 |
| ZM Zoom Communications Inc. | New | 0.09% | +0.09 |
| RDGT Ridgetech Inc. | New | 0.00% | 0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $832.1M | LEGN, FUTU, AVBP, MRVL, VIPS |
| Q1 2026 | 38 | $1.7B | PDD, BABA, ONC, FUTU, LEGN |
| Q4 2025 | 33 | $3.1B | PDD, BABA, ONC, FUTU, LEGN |
| Q3 2025 | 33 | $4.1B | PDD, BABA, FUTU, BULL, ONC |
| Q2 2025 | 36 | $3.1B | PDD, FUTU, BULL, ONC, NTES |
| Q1 2025 | 49 | $3.5B | PDD, BABA, FUTU, ONC, NTES |
| Q4 2024 | 45 | $2.9B | ONC, BABA, PDD, NTES, BEKE |
| Q3 2024 | 48 | $4.6B | ONC, BABA, PDD, LEGN, VIPS |
| Q2 2024 | 77 | $4.1B | PDD, ONC, BABA, BEKE, LEGN |
| Q1 2024 | 63 | $4.6B | PDD, ONC, BEKE, LEGN, MSFT |