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 |
Amazon
AMZN
|
+$230M |
| 2 |
Pinduoduo
PDD
|
+$17.9M |
| 3 |
ExxonMobil
XOM
|
+$2.77M |
| 4 |
SOGO
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
|
+$529K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$52.1M |
| 2 |
Apple
AAPL
|
+$49.4M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$38.7M |
| 4 |
Meta Platforms (Facebook)
META
|
+$29.1M |
| 5 |
Bank of America
BAC
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 48.58% |
| 2 | Communication Services | 20.25% |
| 3 | Consumer Discretionary | 17.88% |
| 4 | Financials | 11.4% |
| 5 | Energy | 1.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $953M | 48.53% |
12,988,000
-768,400
| -6% | -$49.4M |
|
|
2
Amazon
AMZN
$2.79T
| $314M | 15.99% |
3,400,000
+2,600,000
| +325% | +$230M |
|
|
3
Berkshire Hathaway Class B
BRK.B
$1.06T
| $217M | 11.03% |
956,600
-240,000
| -20% | -$52.1M |
|
|
4
Alphabet (Google) Class C
GOOG
$4.18T
| $214M | 10.89% |
3,200,000
-600,000
| -16% | -$38.7M |
|
|
5
Meta Platforms (Facebook)
META
$1.4T
| $184M | 9.37% |
896,500
-150,000
| -14% | -$29.1M |
|
|
6
Pinduoduo
PDD
$126B
| $36.2M | 1.84% |
957,467
+479,700
| +100% | +$17.9M |
|
|
7
ExxonMobil
XOM
$679B
| $34.9M | 1.78% |
500,000
+40,000
| +9% | +$2.77M |
|
8
Wells Fargo
WFC
$254B
| $7.32M | 0.37% |
136,000
-104,000
| -43% | -$5.45M |
|
9
GE Aerospace
GE
$361B
| $2.23M | 0.11% |
40,127
| – | – |
|
|
SOGO
10
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $1.09M | 0.06% |
240,000
+104,000
| +76% | +$529K |
|
11
Starbucks
SBUX
$122B
| $879K | 0.04% |
10,000
| – | – |
|
|
12
Bank of America
BAC
$431B
| – | – |
-409,600
| Closed | -$11.9M |
|
Similar funds
Duan Yongping's Q4 2019 Portfolio in Review
As of Q4 2019, Duan Yongping held 12 positions worth $1.96B, up 25% from $1.58B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping deployed $64.6M of net new capital in Q4 2019, adding to 4 existing holdings.
By sector, the portfolio is most concentrated in Technology at 49% of assets, down from 49% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Berkshire Hathaway Class B, an estimated $52.1M trimmed.
- Duan Yongping added most to Amazon in Q4 2019, an estimated $230M increase.
- Duan Yongping's biggest Q4 2019 reduction was Berkshire Hathaway Class B, cutting an estimated $52.1M.
- Duan Yongping fully exited Bank of America in Q4 2019, selling an estimated $11.9M.
- Duan Yongping's ten largest holdings make up 100% of its $1.96B portfolio in Q4 2019.
- Duan Yongping opened 0 new positions and closed 1 in Q4 2019.
- Duan Yongping's portfolio value rose 25% quarter-over-quarter to $1.96B.
Based on H&H International Investment's 13F filing for Q4 2019, filed 18 Feb 2020.