All superinvestors
HC

Himalaya Capital

Li Lu·quality·Concentrated / activist
Accredited only

~~mid teens since 1997

Portfolio value

$3.2B

Positions

14

Top 5 concentration

82%

New buys this quarter

5

Recent moves vs Dec 2025

$TMENew buy1.9%
$SPGINew buy1.6%
$HRBNew buy1.6%
$MCONew buy1.6%
$MSCINew buy0.3%
$GOOGLTrimmed22.8%
$GOOGTrimmed22%
$PDDTrimmed14.7%
$BRK-BTrimmed13.4%
$EWBCTrimmed9.3%
$BACTrimmed4.6%
$OXYTrimmed3%
$CROXTrimmed2.3%
$AAPLTrimmed0.9%

Holdings

StockMove% of portfolioValue
$GOOGL

ALPHABET INC

Trimmed
22.8%
$731M
$GOOG

ALPHABET INC

Trimmed
22%
$703M
$PDD

PDD HOLDINGS INC

Trimmed
14.7%
$471M
$BRK-B

BERKSHIRE HATHAWAY INC DEL

Trimmed
13.4%
$430M
$EWBC

EAST WEST BANCORP INC

Trimmed
9.3%
$296M
$BAC

BK OF AMERICA CORP

Trimmed
4.6%
$146M
$OXY

OCCIDENTAL PETE CORP

Trimmed
3%
$95M
$CROX

CROCS INC

Trimmed
2.3%
$74M
$TME

TENCENT MUSIC ENTMT GROUP

New buy
1.9%
$61M
$SPGI

S&P GLOBAL INC

New buy
1.6%
$52M
$HRB

BLOCK H & R INC

New buy
1.6%
$52M
$MCO

MOODYS CORP

New buy
1.6%
$51M
$AAPL

APPLE INC

Trimmed
0.9%
$28M
$MSCI

MSCI INC

New buy
0.3%
$10M

Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.