HC

Hillhouse Capital Management, LTD.

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$3.1B

Reporting period: 2019-06-30 · Number of holdings: 35

HILLHOUSE CAPITAL MANAGEMENT, LTD. disclosed 35 holdings in its latest 13F filing for the period ending 2019-06-30, with total reported value of $3.1B and a quarterly turnover rate of 45.8%.

Personality snowflake

Concentration
50.64
Portfolio Stability
45.85
Momentum/Contrarian
100
Sector conviction
100
Diversification
70
Sizing Uniformity
81.21

Recent moves

  • Trim IQ

    +4.6%　-$80.2M

  • Trim CVETUSD

    0.0%　-$34.5M

  • Trim SE

    -27.4%　$6.4M

  • Trim ESGRP

    0.0%　$338.0K

  • Add TAL

    +267.8%　$64.2M

  • Trim UXIN

    -32.1%　-$36.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1IQIqiyi Inc-adrStock-Other23.73%-10.64%+4.56%
2UBERUber Technologies INCStock-Industrials22.25%+22.25%NEW
3SESea Ltd-adrStock-Comm Services8.12%-2.23%-27.38%
4ESGRPEnstar Group Limited - DepositaStock-Other6.70%-2.04%—
5ONCBeone Medicines Ltd-adrStock-Other4.09%-1.61%—
6CVETUSDCovetrus INCStock-Other3.64%-2.56%—
7GOSSGossamer Bio INCStock-Other3.52%-0.98%—
8NIONio INC - AdrStock-Consumer Disc3.41%-1.13%+96.71%
9BABAAlibaba Group Holding-sp AdrStock-Consumer Disc3.22%-0.59%+18.80%
10TALTal Education Group- AdrStock-Consumer Staples2.76%+1.83%+267.82%
11AMZNAmazon.com INCStock-Consumer Disc2.61%+0.25%+35.79%
12METAMeta Platforms Inc-class AStock-Comm Services1.81%-0.31%-3.51%
13BBIOBridgebio Pharma INCStock-Healthcare1.75%+1.75%NEW
14APLSUSDApellis Pharmaceuticals INCStock-Other1.70%-0.01%—
15PDDPdd Holdings INCStock-Consumer Disc1.43%-0.43%+20.41%
16TSLATesla INCStock-Consumer Disc1.05%+1.05%NEW
17NFLXNetflix INCStock-Comm Services1.04%+0.16%+50.45%
18XYZBlock INCStock-Financials0.99%+0.57%+216.37%
19BILIBilibili Inc-sponsored AdrStock-Other0.95%+0.21%+95.21%
20AAPLApple INCStock-Tech0.81%-0.20%—
21UXINUxin LimitedStock-Other0.75%-1.75%-32.13%
22MELIMercadolibre INCStock-Consumer Disc0.64%-0.05%—
23JDJd.com Inc-adrStock-Consumer Disc0.54%-0.16%—
24✓ Stock-Other0.48%+0.48%NEW
25NXTCEURNextcure INCStock-Other0.47%+0.47%NEW
26MRNAModerna INCStock-Healthcare0.46%-0.37%—
27AKROAkero Therapeutics INCStock-Other0.18%+0.18%NEW
2804CNChina Jo-jo Drugstores INCStock-Other0.17%-0.36%—
29ARVNArvinas INCStock-Other0.16%+0.02%—
30TCRRUSDTcr2 Therapeutics INCStock-Other0.15%-0.08%—
31✓ Hookipa PharmaStock-Other0.14%+0.14%NEW
32CNSTConstellation PharmaceuticalStock-Other0.12%-0.06%—
33RCUSArcus Biosciences INCStock-Other0.09%-0.09%—
34✓ Neon Therapeutics IncStock-Other0.06%-0.05%—
35✓ GS Acquisition Holdings CorpStock-Other0.01%+0.01%NEW

Holding changes this quarter

Hillhouse Capital Management, LTD.'s most significant position changes for 2019-06-30: New buy: Uber Technologies INC (UBER); New buy: Bridgebio Pharma INC (BBIO); New buy: Tesla INC (TSLA); Sold out: Msci INC (MSCI); Sold out: Berkshire Hathaway Inc-cl A (BRK-A).

Position changes disclosed by Hillhouse Capital Management, LTD. for the quarter ending 2019-06-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TALTal Education Group- Adr+1.8%+267.82%Add
2XYZBlock INC+0.6%+216.37%Add
3AMZNAmazon.com INC+0.3%+35.79%Add
4BILIBilibili Inc-sponsored Adr+0.2%+95.21%Add
5NFLXNetflix INC+0.2%+50.45%Add
6ARVNArvinas INC0%—Unchanged
7APLSUSDApellis Pharmaceuticals INC0%—Unchanged
8MELIMercadolibre INC-0.1%—Unchanged
9✓ Neon Therapeutics Inc-0.1%—Unchanged
10CNSTConstellation Pharmaceutical-0.1%—Unchanged
11TCRRUSDTcr2 Therapeutics INC-0.1%—Unchanged
12RCUSArcus Biosciences INC-0.1%—Unchanged
13JDJd.com Inc-adr-0.2%—Unchanged
14AAPLApple INC-0.2%—Unchanged
15METAMeta Platforms Inc-class A-0.3%-3.51%Trim
1604CNChina Jo-jo Drugstores INC-0.4%—Unchanged
17MRNAModerna INC-0.4%—Unchanged
18PDDPdd Holdings INC-0.4%+20.41%Add
19BABAAlibaba Group Holding-sp Adr-0.6%+18.80%Add
20GOSSGossamer Bio INC-1%—Unchanged
21NIONio INC - Adr-1.1%+96.71%Add
22ONCBeone Medicines Ltd-adr-1.6%—Unchanged
23UXINUxin Limited-1.8%-32.13%Trim
24ESGRPEnstar Group Limited - Deposita-2%—Unchanged
25SESea Ltd-adr-2.2%-27.38%Trim
26CVETUSDCovetrus INC-2.6%—Unchanged
27IQIqiyi Inc-adr-10.6%+4.56%Add
28UBERUber Technologies INC—NEWNew buy
29BBIOBridgebio Pharma INC—NEWNew buy
30TSLATesla INC—NEWNew buy
31MSCIMsci INC—EXITSold out
32BRK-ABerkshire Hathaway Inc-cl A—EXITSold out
33GOOGAlphabet Inc-cl C—EXITSold out
34✓ —NEWNew buy
35NXTCEURNextcure INC—NEWNew buy
36✓ Gs Acquisition Hldgs CORP—EXITSold out
37GSGoldman Sachs Group INC—EXITSold out
38AKROAkero Therapeutics INC—NEWNew buy
39APOApollo Global Management, Inc.—EXITSold out
40✓ Hookipa Pharma—NEWNew buy
41✓ GS Acquisition Holdings Corp—NEWNew buy

FAQ

What is Hillhouse Capital Management, LTD. and what type of investor is it?
Hillhouse Capital Management, LTD. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2019-06-30), the firm manages a tracked equity portfolio valued at approximately $3.1B, spread across 35 disclosed positions.
What are Hillhouse Capital Management, LTD.'s largest equity positions?
Based on the latest 13F filing, Hillhouse Capital Management, LTD.'s top holdings by market value are: 1. Iqiyi Inc-adr (IQ) — $743.5M (23.7%) 2. Uber Technologies INC (UBER) — $697.3M (22.3%) 3. Sea Ltd-adr (SE) — $254.4M (8.1%) 4. Enstar Group Limited - Deposita (ESGRP) — $209.9M (6.7%) 5. Beone Medicines Ltd-adr (ONC) — $128.2M (4.1%)
What changes did Hillhouse Capital Management, LTD. make in its most recent portfolio filing?
In the latest reported quarter, Hillhouse Capital Management, LTD. made 26 notable position adjustments: 8 new positions were initiated, 9 existing holdings were added to, 3 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Uber Technologies INC (UBER); New buy: Bridgebio Pharma INC (BBIO); New buy: Tesla INC (TSLA); Sold out: Msci INC (MSCI); Sold out: Berkshire Hathaway Inc-cl A (BRK-A)
What sectors does Hillhouse Capital Management, LTD. focus on?
Hillhouse Capital Management, LTD. is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 50.1% • Communication Services: 24.7% • Consumer Discretionary: 20.1% • Financials: 2.2% • Information Technology: 1.8% • Health Care: 1.0%