Himalaya Capital portfolio
Li Lu's investment firm, Seattle · 13F holdings for the quarter ended June 30, 2026
Filed with the SEC August 14, 2026 · Next filing due by November 14, 2026
Reported value
$3.7B
up from $3.2B in Q1 2026
Positions
8
14 last quarter
Top 10 holdings
100.0%
of the portfolio
This quarter
0 new · 6 sold
2 added to, 0 trimmed
What Lu did in Q2 2026
Himalaya Capital raised its stake in PDD Holdings by 134%. It sold out of 6 positions, among them Bank Of America, Occidental Petroleum and S&P Global. Alphabet is still the largest holding, at 24.5% of the portfolio.
Biggest buys
- PDD Holdings PDD+134%
- Berkshire Hathaway BRK-B+23%
Biggest sells
- Bank Of America BACSold out
- Occidental Petroleum OXYSold out
- S&P Global SPGISold out
- H&R Block HRBSold out
- Moodys MCOSold out
Top 8 holdings
Values as reported in the 13F, not today’s prices| # | Company | Share of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|
| 1 | AlphabetGOOGL | 24.5% | $908.9M | No change | Q3 2024 or earlier |
| 2 | AlphabetGOOG | 23.4% | $866.1M | No change | Q3 2024 or earlier |
| 3 | PDD HoldingsPDD | 22.2% | $820.9M | +134% | Q2 2025 |
| 4 | Berkshire HathawayBRK-B | 15.0% | $554.6M | +23% | Q3 2024 or earlier |
| 5 | East West BancorpEWBC | 9.7% | $358.4M | No change | Q3 2024 or earlier |
| 6 | CrocsCROX | 2.9% | $107.0M | No change | Q4 2025 |
| 7 | Tencent Music Entertainment GroupTME | 1.5% | $55.0M | No change | Q1 2026 |
| 8 | AppleAAPL | 0.9% | $32.0M | No change | Q3 2024 or earlier |
Every quarter’s holdings going back years, and what changed in each.Request early access to see the full portfolio →
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About this data
- What is a 13F?
- A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- How current is it?
- Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- Whose figures are these?
- The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- What does it leave out?
- Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.