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
|
+$884M |
| 2 |
Alibaba
BABA
|
+$64.9M |
| 3 |
Occidental Petroleum
OXY
|
+$41.5M |
| 4 |
Pinduoduo
PDD
|
+$14.4M |
| 5 |
Moderna
MRNA
|
+$20.2K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$257M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$36.1M |
| 3 |
JOYY
JOYY Inc
JOYY
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 78.01% |
| 2 | Financials | 12.15% |
| 3 | Communication Services | 6.14% |
| 4 | Consumer Discretionary | 3.07% |
| 5 | Energy | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $11.1B | 78.01% |
64,583,093
+4,860,022
| +8% | +$884M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.72B | 12.12% |
4,092,200
-654,102
| -14% | -$257M |
|
|
3
Alphabet (Google) Class C
GOOG
$4.18T
| $780M | 5.5% |
5,126,000
-250,100
| -5% | -$36.1M |
|
|
4
Alibaba
BABA
$286B
| $423M | 2.98% |
5,845,330
+886,100
| +18% | +$64.9M |
|
5
Walt Disney
DIS
$186B
| $91.7M | 0.65% |
749,700
| – | – |
|
|
6
Occidental Petroleum
OXY
$61.3B
| $73.8M | 0.52% |
1,134,902
+694,802
| +158% | +$41.5M |
|
|
7
Moderna
MRNA
$57.9B
| $15M | 0.11% |
140,700
+200
| +0.1% | +$20.2K |
|
|
8
Pinduoduo
PDD
$126B
| $12.8M | 0.09% |
+110,000
| New | +$14.4M |
|
9
Bank of America
BAC
$431B
| $4.16M | 0.03% |
109,700
| – | – |
|
|
JOYY
10
JOYY Inc
JOYY
$3.71B
| – | – |
-299,900
| Closed | -$11.9M |
|
Similar funds
Duan Yongping's Q1 2024 Portfolio in Review
As of Q1 2024, Duan Yongping held 10 positions worth $14.2B, down 1.8% from $14.5B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping deployed $699M of net new capital in Q1 2024, opening 1 new position and adding to 4 existing holdings. Its largest new stake was Pinduoduo: 110,000 shares worth $12.8M.
By sector, the portfolio is most concentrated in Technology at 78% of assets, down from 80% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Berkshire Hathaway Class B, an estimated $257M trimmed.
- Duan Yongping's largest Q1 2024 buy was Pinduoduo: 110,000 shares worth $12.8M.
- Duan Yongping added most to Apple in Q1 2024, an estimated $884M increase.
- Duan Yongping's biggest Q1 2024 reduction was Berkshire Hathaway Class B, cutting an estimated $257M.
- Duan Yongping fully exited JOYY Inc in Q1 2024, selling an estimated $11.9M.
- Duan Yongping's ten largest holdings make up 100% of its $14.2B portfolio in Q1 2024.
- Duan Yongping opened 1 new position and closed 1 in Q1 2024.
- Duan Yongping's portfolio value fell 1.8% quarter-over-quarter to $14.2B.
Based on H&H International Investment's 13F filing for Q1 2024, filed 15 May 2024.