Li Lu – Himalaya Capital Management LLC

Period:
Q1 2026
Portfolio date:
Mar 31, 2026
No. of stocks:
14
Portfolio value:
$3,201,225,000
Filed:
May 15, 2026
Style:
Value Investing (Asia)
HistStockActivityShare change% change to portfolio
Q1 2026filed May 15, 265 new1 added1 reduced
≡BAC – BK OF AMERICA CORPReduce 71.00%−7,433,400−11.51
≡TME – TENCENT MUSIC ENTMT GROUPBuy6,590,8361.91
≡SPGI – S&P GLOBAL INCBuy121,4631.61
≡XYZ – BLOCK H & R INCBuy1,626,9061.61
≡MCO – MOODYS CORPBuy117,7841.61
≡CROX – CROCS INCAdd 41.00%258,9340.80
≡MSCI – MSCI INCBuy18,9390.32
Q4 2025filed Feb 17, 269 new
≡GOOG – ALPHABET INCBuy2,543,30022.31
≡GOOGL – ALPHABET INCBuy2,451,30021.55
≡BAC.CL – BK OF AMERICA CORPBuy10,431,38716.08
≡PDD – PDD HOLDINGS INCBuy4,608,00014.64
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy897,74912.64
≡EWBC – EAST WEST BANCORP INCBuy2,776,3518.74
≡OXY – OCCIDENTAL PETE CORPBuy1,466,5001.69
≡CROX – CROCS INCBuy628,1591.51
≡AAPL – APPLE INCBuy110,6000.84
Q4 2025filed Feb 17, 269 exited
≡GOOGL – ALPHABET INCSell−2,543,300−22.31
≡GOOG – ALPHABET INCSell−2,451,300−21.55
≡BAC – BK OF AMERICA CORPSell−10,431,387−16.08
≡PDD – PDD HOLDINGS INCSell−4,608,000−14.64
≡BRK.B – BERKSHIRE HATHAWAY INC DELSell−897,749−12.64
≡EWBC – EAST WEST BANCORP INCSell−2,776,351−8.74
≡OXY – OCCIDENTAL PETE CORPSell−1,466,500−1.69
≡CROX – CROCS INCSell−628,159−1.51
≡AAPL – APPLE INCSell−110,600−0.84
Q4 2025filed Feb 19, 261 new1 exited
≡CROX – CROCS INCBuy628,1591.51
≡SOC – SABLE OFFSHORE CORPSell−1,343,000−0.73
Q2 2025filed Aug 14, 259 new
≡BAC – BK OF AMERICA CORPBuy10,431,38718.36
≡PDD – PDD HOLDINGS INCBuy4,608,00017.93
≡GOOGL – ALPHABET INCBuy2,543,30016.67
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy897,74916.22
≡GOOG – ALPHABET INCBuy2,451,30016.17
≡EWBC – EAST WEST BANCORP INCBuy2,776,35110.43
≡OXY – OCCIDENTAL PETE CORPBuy1,466,5002.29
≡SOC – SABLE OFFSHORE CORPBuy1,343,0001.10
≡AAPL – APPLE INCBuy110,6000.84
Q1 2025filed May 15, 258 exited
≡BAC – BK OF AMERICA CORPSell−13,846,633−26.12
≡BRK-B – BERKSHIRE HATHAWAY INC DELSell−897,749−21.61
≡GOOGL – ALPHABET INCSell−2,543,300−17.78
≡GOOG – ALPHABET INCSell−2,451,300−17.31
≡EWBC – EAST WEST BANCORP INCSell−2,776,351−11.26
≡OXY – OCCIDENTAL PETE CORPSell−1,466,500−3.27
≡SOC – SABLE OFFSHORE CORPSell−1,343,000−1.54
≡AAPL – APPLE INCSell−110,600−1.11
Q1 2025filed May 15, 253 reduced
≡GOOG – ALPHABET INCReduce 19.00%−592,700−4.07
≡BAC – BK OF AMERICA CORPReduce 23.00%−4,234,500−3.19
≡AAPL – APPLE INCReduce 65.00%−207,100−1.82
Q3 2024filed Nov 14, 241 new1 reduced
≡AAPL – APPLE INCReduce 58.00%−441,900−3.25
≡SOC – SABLE OFFSHORE CORPBuy1,343,0001.28
Q2 2024filed Aug 14, 241 new
≡OXY – OCCIDENTAL PETE CORPBuy1,466,5003.61