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 |
Bank of America
BAC
|
+$132M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$122M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$74.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$152M |
| 2 |
Apple
AAPL
|
+$137M |
| 3 |
Delta Air Lines
DAL
|
+$107M |
| 4 |
3M
MMM
|
+$18.7M |
| 5 |
Walt Disney
DIS
|
+$1.29M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 51.81% |
| 2 | Financials | 32.92% |
| 3 | Communication Services | 10.89% |
| 4 | Consumer Discretionary | 3.65% |
| 5 | Energy | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $3.19B | 51.81% |
27,572,000
-1,257,600
| -4% | -$137M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.89B | 30.65% |
8,870,176
+365,100
| +4% | +$74.7M |
|
|
3
Alphabet (Google) Class C
GOOG
$4.18T
| $380M | 6.17% |
5,178,000
+1,600,000
| +45% | +$122M |
|
|
4
Walt Disney
DIS
$186B
| $280M | 4.55% |
2,260,600
-10,300
| -0.5% | -$1.29M |
|
5
Amazon
AMZN
$2.79T
| $189M | 3.07% |
1,200,000
| – | – |
|
|
6
Bank of America
BAC
$431B
| $137M | 2.22% |
5,689,200
+5,289,200
| +1,322% | +$132M |
|
7
Toyota
TM
$234B
| $35.4M | 0.58% |
267,618
| – | – |
|
8
ExxonMobil
XOM
$679B
| $30.9M | 0.5% |
899,700
| – | – |
|
|
9
Delta Air Lines
DAL
$54.2B
| $12.2M | 0.2% |
400,000
-3,700,000
| -90% | -$107M |
|
|
10
Meta Platforms (Facebook)
META
$1.4T
| $10.5M | 0.17% |
40,000
-590,400
| -94% | -$152M |
|
11
Wells Fargo
WFC
$254B
| $3.2M | 0.05% |
136,000
| – | – |
|
12
GE Aerospace
GE
$361B
| $1.25M | 0.02% |
40,127
| – | – |
|
13
Starbucks
SBUX
$122B
| $859K | 0.01% |
10,000
| – | – |
|
|
14
3M
MMM
$92.3B
| – | – |
-143,400
| Closed | -$18.7M |
|
|
SOGO
15
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| – | – |
-240,000
| Closed | -$1M |
|
Similar funds
Duan Yongping's Q3 2020 Portfolio in Review
As of Q3 2020, Duan Yongping held 15 positions worth $6.16B, up 19% from $5.19B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping's Q3 2020 filing shows 3 increased, 4 reduced and 2 closed positions. The largest sale was Meta Platforms (Facebook), an estimated $152M.
By sector, the portfolio is most concentrated in Technology at 52% of assets, up from 51% a quarter earlier, followed by Financials and Communication Services.
- Duan Yongping added most to Bank of America in Q3 2020, an estimated $132M increase.
- Duan Yongping's biggest Q3 2020 reduction was Meta Platforms (Facebook), cutting an estimated $152M.
- Duan Yongping fully exited 3M in Q3 2020, selling an estimated $18.7M.
- Duan Yongping's ten largest holdings make up 100% of its $6.16B portfolio in Q3 2020.
- Duan Yongping opened 0 new positions and closed 2 in Q3 2020.
- Duan Yongping's portfolio value rose 19% quarter-over-quarter to $6.16B.
Based on H&H International Investment's 13F filing for Q3 2020, filed 30 Oct 2020.