HedgeMountain

HHLR Advisors, LTD.

Singapore, Singapore · CRD 166112
Hedge fund managerExempt reporting

HHLR Advisors, LTD. is an exempt reporting adviser based in Singapore, Singapore that reports managing 2 hedge funds on Form ADV. Its private funds, of all types, hold $22.1 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated -16.7% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +10.4% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$22.1 billionAll private fund types, Form ADV
Hedge funds managed
22 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 166112
Latest Form ADV
03/31/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-16.7%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+10.4%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$832.1 million35 positions, 2026-06-30
$100$129$159Q3 2024Q1 2025Q3 2025Q1 202613F est. $110S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026-5.9%+14.8%
Q1 2026-11.5%-4.6%
Q4 2025-16.4%+2.4%
Q3 2025+23.8%+7.8%
Q2 2025-0.9%+10.4%
Q1 2025+25.3%-4.5%
Q4 2024-16.6%+2.1%
Q3 2024+23.6%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Legend Biotech Corp$172.8 million
  • Futu Hldgs LTD$165.8 million
  • Arrivent Biopharma Inc$136.5 million
  • Marvell Technology Inc Com$48.5 million
  • Vipshop Hldgs LTD$46.0 million
  • PDD Holdings Inc$38.1 million
  • Ke Hldgs Inc$32.2 million
  • Cytek Biosciences Inc$29.5 million
  • 010911105$25.9 million
  • Alibaba Group Holding Limited$17.7 million

As of 2026-06-30, from 13F filing by HHLR Advisors, LTD..

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures