Duan Yongping H&H International Investment
Duan Yongping is a Chinese entrepreneur and investor associated with H&H International Investment, a firm known for large, long-duration holdings in global consumer and technology franchises. His public investing style is often described as Buffett-inspired, emphasizing understandable businesses and multi-year ownership. The firm’s concentrated filings draw significant attention among international value investors.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinduoduo
PDD
|
+$487M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$39.4M |
| 3 |
Alibaba
BABA
|
+$37.8M |
| 4 |
Walt Disney
DIS
|
+$19.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.56B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$621M |
| 3 |
Apple
AAPL
|
+$528M |
| 4 |
Microsoft
MSFT
|
+$106M |
| 5 |
UnitedHealth
UNH
|
+$74.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 50.18% |
| 2 | Financials | 24.25% |
| 3 | Consumer Discretionary | 17.59% |
| 4 | Communication Services | 4.5% |
| 5 | Energy | 2.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $7.84B | 41.05% |
27,098,707
-1,846,900
| -6% | -$528M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $4.62B | 24.18% |
9,229,696
+81,900
| +0.9% | +$39.4M |
|
|
3
Pinduoduo
PDD
$126B
| $1.91B | 9.99% |
25,022,094
+5,273,800
| +27% | +$487M |
|
4
Tesla
TSLA
$1.43T
| $1.42B | 7.44% |
3,380,400
-28,500
| -0.8% | -$11.3M |
|
|
5
NVIDIA
NVDA
$5.2T
| $1.26B | 6.58% |
6,280,675
-7,563,100
| -55% | -$1.56B |
|
|
6
Alphabet (Google) Class C
GOOG
$4.18T
| $696M | 3.64% |
1,968,600
-1,737,400
| -47% | -$621M |
|
7
Occidental Petroleum
OXY
$61.3B
| $498M | 2.61% |
10,261,500
| – | – |
|
|
8
Microsoft
MSFT
$3.59T
| $281M | 1.47% |
754,100
-261,900
| -26% | -$106M |
|
9
Credo Technology Group
CRDO
$43B
| $191M | 1% |
701,200
-50,000
| -7% | -$9.88M |
|
|
10
UnitedHealth
UNH
$350B
| $166M | 0.87% |
399,600
-201,800
| -34% | -$74.8M |
|
|
11
Walt Disney
DIS
$186B
| $164M | 0.86% |
1,706,600
+194,800
| +13% | +$19.9M |
|
|
12
Alibaba
BABA
$286B
| $28.9M | 0.15% |
+301,400
| New | +$37.8M |
|
|
CRCL
13
Circle Internet Group
CRCL
$22.3B
| $12.5M | 0.07% |
200,000
| – | – |
|
14
Palantir
PLTR
$432B
| $7M | 0.04% |
60,000
| – | – |
|
15
Synopsys
SNPS
$76.2B
| $4.46M | 0.02% |
10,000
| – | – |
|
16
Snowflake
SNOW
$115B
| $2.54M | 0.01% |
10,000
| – | – |
|
|
TEM
17
Tempus AI
TEM
$13.1B
| $1.16M | 0.01% |
20,000
| – | – |
|
18
Innodata
INOD
$2.21B
| $756K | ﹤0.01% |
10,000
| – | – |
|
19
CrowdStrike
CRWD
$195B
| – | – |
-40,000
| Closed | -$3.9M |
|
20
TSMC
TSM
$2.17T
| – | – |
-151,200
| Closed | -$51.1M |
|
Similar funds
Duan Yongping's Q2 2026 Portfolio in Review
As of Q2 2026, Duan Yongping held 20 positions worth $19.1B, down 4.5% from $20B the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Duan Yongping withdrew a net $2.38B in Q2 2026, closing 2 positions and reducing 7 holdings. Its most notable exit was TSMC, an estimated $51.1M position sold in full.
By sector, the portfolio is most concentrated in Technology at 50% of assets, down from 51% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Duan Yongping opened a new position in Alibaba worth $28.9M.
- Duan Yongping's largest Q2 2026 buy was Alibaba: 301,400 shares worth $28.9M.
- Duan Yongping added most to Pinduoduo in Q2 2026, an estimated $487M increase.
- Duan Yongping's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $1.56B.
- Duan Yongping fully exited TSMC in Q2 2026, selling an estimated $51.1M.
- Duan Yongping's ten largest holdings make up 99% of its $19.1B portfolio in Q2 2026.
- Duan Yongping opened 1 new position and closed 2 in Q2 2026.
- Duan Yongping's portfolio value fell 4.5% quarter-over-quarter to $19.1B.
Based on H&H International Investment's 13F filing for Q2 2026, filed 14 Aug 2026.