Q2 2026 · SEC CIK 0001709323
Li Lu portfolio
SuperinvestorHedge fundHimalaya Capital Management LLC filed on 2026-08-14. Open SEC filings ↗
- Reported 13F value
- $3.7B
- Reported positions
- 8
- Eligible equities
- 8
- Holdings vs S&P 500, 3 years
- +3.8 pts
Average holding period of the top positions: 3.8 yrs. Holdings vs the S&P 500 over 1 and 5 years: +6.0 pts, +1.1 pts.
In its Q2 2026 13F, filed 2026-08-14, Himalaya Capital Management LLC reported 8 positions worth $3.7B. Its largest holdings were ALPHABET INC (GOOGL, 24.5%), ALPHABET INC (GOOG, 23.4%), PDD HOLDINGS INC (PDD, 22.2%). Over the last 3 years its top holdings ran 3.8 points a year ahead of the S&P 500.
Reported holdings in the Q2 2026 13F.
The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.
| Stock | % of reported portfolio | Weight change | Reported value |
|---|---|---|---|
| GOOGLALPHABET INC | 24.5% | +1.70 pp | $908.9M |
| GOOGALPHABET INC | 23.4% | +1.42 pp | $866.1M |
| PDDPDD HOLDINGS INC | 22.2% | +7.46 pp | $820.9M |
| BRK-BBERKSHIRE HATHAWAY INC DEL | 15.0% | +1.54 pp | $554.6M |
| EWBCEAST WEST BANCORP INC | 9.7% | +0.42 pp | $358.4M |
| CROXCROCS INC | 2.9% | +0.59 pp | $107.0M |
| TMETENCENT MUSIC ENTERTAINM | 1.5% | -0.43 pp | $55.0M |
| AAPLAPPLE INC | 0.9% | -0.01 pp | $32.0M |
What Li Lu bought and sold in Q2 2026, against Q1 2026.
New positions
No new positions among the largest holdings.
Added to
- PDD Pdd Holdings Inc+133.5% shares
- BRK-B Berkshire Hathaway Inc Del+23.5% shares
Reduced
No position shrank by more than 5%.
Sold out
- BAC Bank of Amer Corpwas 4.6%
- OXY Occidental Pete Corpwas 3.0%
- SPGI S&p Global Incwas 1.6%
- HRB Block H & R Inc Comwas 1.6%
- MCO Moodys Corpwas 1.6%
- MSCI Msci Incwas 0.3%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +25.9% /yr
- S&P 500 +20.1%
- 3 years
- +24.1% /yr
- S&P 500 +20.4%
- 5 years
- +11.8% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Questions about Li Lu's portfolio
What stocks does Li Lu own?
Himalaya Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 8 positions worth $3.7B. The largest are Alphabet Inc (GOOGL) at 24.5%, Alphabet Inc (GOOG) at 23.4%, Pdd Holdings Inc (PDD) at 22.2%, Berkshire Hathaway Inc Del (BRK-B) at 15.0% and East West Bancorp Inc (EWBC) at 9.7%.
What did Li Lu buy last quarter?
In Q2 2026, Himalaya Capital Management LLC added Pdd Holdings Inc (PDD) (+133.5% shares) and Berkshire Hathaway Inc Del (BRK-B) (+23.5% shares), compared with its Q1 2026 filing.
What did Li Lu sell last quarter?
In Q2 2026, Himalaya Capital Management LLC sold all of Bank of Amer Corp (BAC), sold all of Occidental Pete Corp (OXY), sold all of S&p Global Inc (SPGI), sold all of Block H & R Inc Com (HRB) and sold all of Moodys Corp (MCO), compared with its Q1 2026 filing.
How has Li Lu's portfolio performed?
A portfolio copying Himalaya Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +25.9% against +20.1%. Over 5 years: +11.8% a year against +11.6%.
When is Himalaya Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Himalaya Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Himalaya Capital Management LLC manage?
Himalaya Capital Management LLC reported $21.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $3.7B.