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 |
Berkshire Hathaway Class B
BRK.B
|
+$877M |
| 2 |
ASML
ASML
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$127M |
| 2 |
Apple
AAPL
|
+$65.4M |
| 3 |
NVIDIA
NVDA
|
+$64M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$28.4M |
| 5 |
Pinduoduo
PDD
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 63.19% |
| 2 | Financials | 17.78% |
| 3 | Consumer Discretionary | 11.1% |
| 4 | Energy | 4.36% |
| 5 | Communication Services | 3.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $8.87B | 60.42% |
34,829,107
-289,500
| -0.8% | -$65.4M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.61B | 17.78% |
5,191,300
+1,810,000
| +54% | +$877M |
|
|
3
Pinduoduo
PDD
$126B
| $1.13B | 7.72% |
8,574,194
-88,500
| -1% | -$10.5M |
|
4
Occidental Petroleum
OXY
$61.3B
| $641M | 4.36% |
13,556,100
| – | – |
|
|
5
Alibaba
BABA
$286B
| $496M | 3.38% |
2,777,330
-968,900
| -26% | -$127M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.18T
| $441M | 3% |
1,810,500
-134,900
| -7% | -$28.4M |
|
7
Microsoft
MSFT
$3.59T
| $145M | 0.99% |
279,200
| – | – |
|
|
8
NVIDIA
NVDA
$5.2T
| $112M | 0.76% |
597,800
-367,000
| -38% | -$64M |
|
9
Walt Disney
DIS
$186B
| $82.8M | 0.56% |
723,000
| – | – |
|
|
10
ASML
ASML
$677B
| $77.4M | 0.53% |
+80,000
| New | +$62.9M |
|
11
TSMC
TSM
$2.17T
| $72.6M | 0.49% |
259,984
| – | – |
|
Similar funds
Duan Yongping's Q3 2025 Portfolio in Review
As of Q3 2025, Duan Yongping held 11 positions worth $14.7B, up 27% from $11.5B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping deployed $644M of net new capital in Q3 2025, opening 1 new position and adding to 1 existing holding. Its largest new stake was ASML: 80,000 shares worth $77.4M.
By sector, the portfolio is most concentrated in Technology at 63% of assets, down from 66% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Alibaba, an estimated $127M trimmed.
- Duan Yongping's largest Q3 2025 buy was ASML: 80,000 shares worth $77.4M.
- Duan Yongping added most to Berkshire Hathaway Class B in Q3 2025, an estimated $877M increase.
- Duan Yongping's biggest Q3 2025 reduction was Alibaba, cutting an estimated $127M.
- Duan Yongping's ten largest holdings make up 100% of its $14.7B portfolio in Q3 2025.
- Duan Yongping opened 1 new position and closed 0 in Q3 2025.
- Duan Yongping's portfolio value rose 27% quarter-over-quarter to $14.7B.
Based on H&H International Investment's 13F filing for Q3 2025, filed 14 Nov 2025.