CONFIG_HV_PERF_CTRS is not available for thedefaultarchitecture x86.
Result is shown for architecture powerpc

Hypervisor supplied PMU events (24x7 & GPCI)

modulename: hv-24x7.ko

configname: CONFIG_HV_PERF_CTRS

Linux Kernel Configuration
└─>Hypervisor supplied PMU events (24x7 & GPCI)
In linux kernel since version 3.15 (release Date: 2014-06-08)  
Enable access to hypervisor supplied counters in perf. Currently,
this enables code that uses the hcall GetPerfCounterInfo and 24x7
interfaces to retrieve counters. GPCI exists on Power 6 and later
systems. 24x7 is available on Power 8 and later systems.

If unsure, select Y.

source code:
depends
CONFIG_PERF_EVENTS
CONFIG_PPC_PSERIES