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Li Lu
ValueHimalaya Capital
$3.2B
AUM
14
Holdings
Q1 2026
As of
Sector Allocation
Technology
45.7%
Financials
29.2%
Consumer Goods
14.7%
Consumer Discretionary
5.5%
Energy
3.0%
Communication Services
1.9%
Portfolio Holdings · Q1 2026
14 shown| # | Ticker | Company | Weight | Activity | Shares | Price | Value |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc. | 22.85% | 2.54M | $287.56 | $731M | |
| 2 | GOOG | Alphabet Inc. CL C | 21.97% | 2.45M | $286.86 | $703M | |
| 3 | PDD | Pinduoduo Inc. | 14.71% | 4.61M | $102.18 | $471M | |
| 4 | BRK.B | Berkshire Hathaway CL B | 13.44% | 898K | $479.20 | $430M | |
| 5 | EWBC | East West Bancorp | 9.26% | 2.78M | $106.76 | $296M | |
| 6 | BAC | Bank of America Corp. | 4.57% | Reduce 71.3% | 3.00M | $48.75 | $146M |
| 7 | OXY | Occidental Petroleum Corp. | 2.98% | 1.47M | $65.00 | $95M | |
| 8 | CROX | Crocs Inc. | 2.30% | Add 41.2% | 887K | $83.02 | $74M |
| 9 | TME | Tencent Music Entertainment Grp | 1.91% | NEWBuy | 6.59M | $9.28 | $61M |
| 10 | HRB | H&R Block Inc. | 1.61% | NEWBuy | 1.63M | $31.74 | $52M |
| 11 | MCO | Moody's Corp. | 1.61% | NEWBuy | 118K | $436.25 | $51M |
| 12 | SPGI | S&P Global Inc. | 1.61% | NEWBuy | 121K | $425.34 | $52M |
| 13 | AAPL | Apple Inc. | 0.88% | 111K | $253.79 | $28M | |
| 14 | MSCI | MSCI Inc. | 0.32% | NEWBuy | 19K | $538.99 | $10M |
1
GOOGLAlphabet Inc.
22.85%
$731M
2.54M sh.
2
GOOGAlphabet Inc. CL C
21.97%
$703M
2.45M sh.
3
PDDPinduoduo Inc.
14.71%
$471M
4.61M sh.
4
BRK.BBerkshire Hathaway CL B
13.44%
$430M
898K sh.
5
EWBCEast West Bancorp
9.26%
$296M
2.78M sh.
6
BACBank of America Corp.Reduce 71%
4.57%
$146M
3.00M sh.
7
OXYOccidental Petroleum Corp.
2.98%
$95M
1.47M sh.
8
CROXCrocs Inc.Add 41%
2.30%
$74M
887K sh.
9
TMETencent Music Entertainment GrpBuy
1.91%
$61M
6.59M sh.
10
HRBH&R Block Inc.Buy
1.61%
$52M
1.63M sh.
11
MCOMoody's Corp.Buy
1.61%
$51M
118K sh.
12
SPGIS&P Global Inc.Buy
1.61%
$52M
121K sh.
13
AAPLApple Inc.
0.88%
$28M
111K sh.
14
MSCIMSCI Inc.Buy
0.32%
$10M
19K sh.
"The single most important thing in investing is to figure out the intrinsic value of a business."
— Columbia Business School, 2010
About
Li Lu founded Himalaya Capital after arriving in the US following the 1989 Tiananmen Square protests. A self-taught investor, he compounded capital at extraordinary rates by applying Buffett-style value principles to Asian markets — particularly China. Buffett has called him one of the best investors he's ever met. He rarely gives interviews, making his few public appearances essential reading.
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