Hedge Fund · CIK 0001762304
Hillhouse
HHLR Advisors
Hillhouse runs HHLR Advisors, a hedge fund overseeing $3.10B in disclosed equity holdings (SEC CIK 0001762304). The latest 13F filing (2025Q4) discloses 33 positions across 10 sectors, with the largest positions in PDD, BABA and ONC. OpenStocks tracks 29 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.
Portfolio
$3.10B
Positions
33
Quarter
2025Q4
Filings tracked
29
Biggest winner since filing
FUTUFUTU HLDGS LTD
+73.9%
+$302.1M
Biggest loser since filing
BABAALIBABA GROUP HLDG LTD
-5.4%
−$30.6M
Investment strategy
Hillhouse is a mid-size fund with a concentrated portfolio tilted toward consumer names. 51% of the disclosed equity book is in consumer-facing sectors.
Embed this chart
Paste this iframe anywhere to embed the live PDD chart.
<iframe src="https://openstocks.me/embed/stock/PDD" width="100%" height="480" frameborder="0" loading="lazy" title="PDD chart by OpenStocks" style="border:0;border-radius:12px;background:transparent"></iframe>Holdings
8 sectors49 positions
Top 3 = 49% of book · PDD, BABA, FUTU
View full portfolio →
Performance
vs SPY29 quarters tracked
Mark-to-market portfolio growth vs SPY benchmark, with AUM and concentration history.
View performance →
Options & derivatives
No options
Hillhouse has no PUT or CALL positions disclosed in this quarter's 13F.
View options →
Activity & trades
Quarter-by-quarterLast move 2025Q4
ADD BABA — and 4 more recent moves.
View activity →
Recent transactions
See full activity →ADD
ALIBABA GROUP HLDG LTD
+2,140,680
~$146.58 · 2025Q4
2026-02-17
SOLD
BRIGHT SCHOLAR ED HLDGS LTD
−988,143
~$1.95 · 2025Q4
2026-02-17
SOLD
FULL TRUCK ALLIANCE CO LTD
−4,066,553
~$12.97 · 2025Q4
2026-02-17