Zhang Lei

This page summarizes Form 13F filings by HHLR Advisors, a Hillhouse filing entity. It is not Zhang Lei's personal holdings and does not cover every Hillhouse asset.

Summary

HHLR Advisors disclosed 35 positions in its latest 13F (2026 Q2), a portfolio value of ~$832.07M, across 4 sectors; top holdings LEGN, FUTU, AVBP. This quarter: 6 new, 6 added, 6 trimmed, 9 closed. Data from public SEC 13F filings, delayed up to ~45 days.

Portfolio value$832.07M

Holdings35incl. options

Sectors4

Latest filing2026 Q2

New6$48.16M

Added6$78.95M

Trimmed6$746.30M

Sold9$343.39M

View original SEC filing

Guru playbook

This quarter at a glance

Balanced bookHighly concentrated · top 5 = 68%High turnover · active

Circle of competence (by value)

Health Care21%

Technology8%

Consumer Discretionary7%

Biggest new buy

ALMRALAMAR BIOSCIENCES INC

New buy · of book 3.1%

Biggest add

FUTUFUTU HOLDINGS LTD-ADR

Added +24.6%

Biggest exit

ONCBEONE MEDICINES LTD-ADR

Exited · was ~$307.16M

⚠️ Tags are auto-derived from public 13F holdings.

Position-weight treemap

By share of portfolio value (2026 Q2, common stock only, top 25).

Sector breakdown

By value (positions with no sector fall under “Uncategorized”).

Public SEC 13F filings may appear up to 45 days after quarter-end; STOCK Act / OGE trade filings are generally due within 45 days but may be late. Partial data only — research, not investment advice.