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 |
Apple
AAPL
|
+$70.8M |
| 2 |
Pinduoduo
PDD
|
+$12.9M |
| 3 |
Bank of America
BAC
|
+$2.13M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$234M |
| 2 |
Alibaba
BABA
|
+$42.8M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$26M |
| 4 |
Occidental Petroleum
OXY
|
+$11.8M |
| 5 |
Walt Disney
DIS
|
+$10.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 78.69% |
| 2 | Financials | 13.22% |
| 3 | Communication Services | 5.91% |
| 4 | Consumer Discretionary | 2.1% |
| 5 | Healthcare | 0.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $10.4B | 78.69% |
61,019,951
+385,977
| +0.6% | +$70.8M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.75B | 13.21% |
5,006,102
-658,363
| -12% | -$234M |
|
|
3
Alphabet (Google) Class C
GOOG
$4.18T
| $709M | 5.34% |
5,376,100
-199,800
| -4% | -$26M |
|
|
4
Alibaba
BABA
$286B
| $264M | 1.99% |
3,040,500
-467,100
| -13% | -$42.8M |
|
|
5
Walt Disney
DIS
$186B
| $64.8M | 0.49% |
799,700
-127,100
| -14% | -$10.9M |
|
|
6
Pinduoduo
PDD
$126B
| $14.7M | 0.11% |
+150,000
| New | +$12.9M |
|
|
JOYY
7
JOYY Inc
JOYY
$3.71B
| $11.5M | 0.09% |
302,500
| – | – |
|
8
Moderna
MRNA
$57.9B
| $10.7M | 0.08% |
104,000
-36,000
| -26% | -$4.02M |
|
|
9
Bank of America
BAC
$431B
| $1.97M | 0.01% |
+72,100
| New | +$2.13M |
|
|
10
Occidental Petroleum
OXY
$61.3B
| – | – |
-199,900
| Closed | -$11.8M |
|
Similar funds
Duan Yongping's Q3 2023 Portfolio in Review
As of Q3 2023, Duan Yongping held 10 positions worth $13.3B, down 10% from $14.8B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping's Q3 2023 filing shows 2 new, 1 increased, 5 reduced and 1 closed positions. Its largest new stake was Pinduoduo: 150,000 shares worth $14.7M. The largest sale was Berkshire Hathaway Class B, an estimated $234M.
By sector, the portfolio is most concentrated in Technology at 79% of assets, down from 80% a quarter earlier, followed by Financials and Communication Services.
- Duan Yongping's largest Q3 2023 buy was Pinduoduo: 150,000 shares worth $14.7M.
- Duan Yongping added most to Apple in Q3 2023, an estimated $70.8M increase.
- Duan Yongping's biggest Q3 2023 reduction was Berkshire Hathaway Class B, cutting an estimated $234M.
- Duan Yongping fully exited Occidental Petroleum in Q3 2023, selling an estimated $11.8M.
- Duan Yongping's ten largest holdings make up 100% of its $13.3B portfolio in Q3 2023.
- Duan Yongping opened 2 new positions and closed 1 in Q3 2023.
- Duan Yongping's portfolio value fell 10% quarter-over-quarter to $13.3B.
Based on H&H International Investment's 13F filing for Q3 2023, filed 14 Nov 2023.