HHLR ADVISORS, LTD.

Q4 2025 13F-HR Holdings

Location
Grand Cayman, E9
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
33
Total value ($000)
$3,103,678
Net value change ($000)
-987,077 (-24.1%)
New positions
6
Sold out positions
6
Turnover %
14.1%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
BABA 208,018 35.4%
PDD 80,016 7.0%
CTKB 10,518 45.5%
CWAN 8,332 33.8%
MAZE 7,092 59.8%
TSM 3,434 NEW
GOSS 2,338 17.9%
GOOGL 2,285 NEW
IBIT 1,753 NEW
NBP 1,196 5.3%
Top Reduces (Value $000, Stocks/ETFs)
BULL -442,843 -90.5%
FUTU -295,449 -52.5%
BIDU -216,235 -100.0%
NTES -120,195 -100.0%
LEGN -65,052 -33.3%
YMM -52,743 -100.0%
ONC -38,155 -10.8%
SE -32,180 -100.0%
YSG -25,260 -57.1%
BEKE -13,725 -17.1%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type