Himalaya Capital Management (Li Lu) latest 13F portfolio: 8 holdings worth $3.7B as of Q2 2026.
Backtested since 2020: mirroring Himalaya Capital Management's reported 13F equity holdings each quarter would have returned +205.0% versus +190.9%for the S&P 500 (+19.2% annualized). See the Performance tab for the full equity curve.
Investor: Li Lu
Number of Assets: 8
Reporting Period: Q2 - 2026
Holdings at Report: $3,702,921,099
Return $ Since Report: -$6,510,645
Return % Since Report: -0.18%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOG) | Equity | 0% | 2,451,300 | 23.39% | $353.33 | $344.41 | $866,117,829 | $844,252,233 | -$21,865,596 | -2.52% |
| Crocs Inc. (CROX) | Equity | 0% | 887,093 | 2.89% | $120.64 | $122.24 | $107,018,900 | $108,438,248 | +$1,419,348 | +1.33% |
| PDD Holdings Inc. (PDD) | Equity | +133.53% | 10,761,119 | 22.17% | $76.28 | $78.90 | $820,858,157 | $849,052,289 | +$28,194,132 | +3.43% |
| Alphabet Inc. (GOOGL) | Equity | 0% | 2,543,300 | 24.55% | $357.37 | $349.54 | $908,899,121 | $888,985,082 | -$19,914,039 | -2.19% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | +23.46% | 1,108,318 | 14.98% | $500.39 | $509.77 | $554,591,244 | $564,987,267 | +$10,396,023 | +1.87% |
| East West Bancorp. Inc. (EWBC) | Equity | 0% | 2,776,351 | 9.68% | $129.09 | $126.92 | $358,399,151 | $352,374,469 | -$6,024,682 | -1.68% |
| Tencent Music Entertainment Group (TME) | Equity | 0% | 6,590,836 | 1.49% | $8.35 | $7.76 | $55,033,481 | $51,144,887 | -$3,888,594 | -7.07% |
| Apple Inc. (AAPL) | Equity | 0% | 110,600 | 0.86% | $289.36 | $336.13 | $32,003,216 | $37,175,978 | +$5,172,762 | +16.16% |