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 |
Alibaba
BABA
|
+$153M |
| 2 |
Occidental Petroleum
OXY
|
+$26.9M |
| 3 |
Moderna
MRNA
|
+$3.07M |
| 4 |
Bank of America
BAC
|
+$1.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$239M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$91.2M |
| 3 |
Pinduoduo
PDD
|
+$14.7M |
| 4 |
Walt Disney
DIS
|
+$4.41M |
| 5 |
JOYY
JOYY Inc
JOYY
|
+$103K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 79.54% |
| 2 | Financials | 11.73% |
| 3 | Communication Services | 5.79% |
| 4 | Consumer Discretionary | 2.66% |
| 5 | Energy | 0.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $11.5B | 79.54% |
59,723,071
-1,296,880
| -2% | -$239M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.69B | 11.71% |
4,746,302
-259,800
| -5% | -$91.2M |
|
3
Alphabet (Google) Class C
GOOG
$4.18T
| $758M | 5.24% |
5,376,100
| – | – |
|
|
4
Alibaba
BABA
$286B
| $384M | 2.66% |
4,959,230
+1,918,730
| +63% | +$153M |
|
|
5
Walt Disney
DIS
$186B
| $67.7M | 0.47% |
749,700
-50,000
| -6% | -$4.41M |
|
|
6
Occidental Petroleum
OXY
$61.3B
| $26.3M | 0.18% |
+440,100
| New | +$26.9M |
|
|
7
Moderna
MRNA
$57.9B
| $14M | 0.1% |
140,500
+36,500
| +35% | +$3.07M |
|
|
JOYY
8
JOYY Inc
JOYY
$3.71B
| $11.9M | 0.08% |
299,900
-2,600
| -0.9% | -$103K |
|
|
9
Bank of America
BAC
$431B
| $3.69M | 0.03% |
109,700
+37,600
| +52% | +$1.09M |
|
|
10
Pinduoduo
PDD
$126B
| – | – |
-150,000
| Closed | -$14.7M |
|
Similar funds
Duan Yongping's Q4 2023 Portfolio in Review
As of Q4 2023, Duan Yongping held 10 positions worth $14.5B, up 8.9% from $13.3B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping's Q4 2023 filing shows 1 new, 3 increased, 4 reduced and 1 closed positions. Its largest new stake was Occidental Petroleum: 440,100 shares worth $26.3M. The largest sale was Apple, an estimated $239M.
By sector, the portfolio is most concentrated in Technology at 80% of assets, up from 79% a quarter earlier, followed by Financials and Communication Services.
- Duan Yongping's largest Q4 2023 buy was Occidental Petroleum: 440,100 shares worth $26.3M.
- Duan Yongping added most to Alibaba in Q4 2023, an estimated $153M increase.
- Duan Yongping's biggest Q4 2023 reduction was Apple, cutting an estimated $239M.
- Duan Yongping fully exited Pinduoduo in Q4 2023, selling an estimated $14.7M.
- Duan Yongping's ten largest holdings make up 100% of its $14.5B portfolio in Q4 2023.
- Duan Yongping opened 1 new position and closed 1 in Q4 2023.
- Duan Yongping's portfolio value rose 8.9% quarter-over-quarter to $14.5B.
Based on H&H International Investment's 13F filing for Q4 2023, filed 14 Feb 2024.