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 |
NVIDIA
NVDA
|
+$1.24B |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$988M |
| 3 |
Pinduoduo
PDD
|
+$368M |
| 4 |
Microsoft
MSFT
|
+$291M |
| 5 |
TSMC
TSM
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$663M |
| 2 |
ASML
ASML
|
+$73.1M |
| 3 |
Alibaba
BABA
|
+$35.3M |
| 4 |
Occidental Petroleum
OXY
|
+$16M |
| 5 |
Walt Disney
DIS
|
+$1.21M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 62.82% |
| 2 | Financials | 20.63% |
| 3 | Consumer Discretionary | 9.63% |
| 4 | Communication Services | 3.79% |
| 5 | Energy | 3.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.51T
| $8.8B | 50.3% |
32,358,507
-2,470,600
| -7% | -$663M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $3.61B | 20.63% |
7,176,196
+1,984,896
| +38% | +$988M |
|
|
3
NVIDIA
NVDA
$5.2T
| $1.35B | 7.72% |
7,237,100
+6,639,300
| +1,111% | +$1.24B |
|
|
4
Pinduoduo
PDD
$126B
| $1.31B | 7.48% |
11,536,694
+2,962,500
| +35% | +$368M |
|
5
Alphabet (Google) Class C
GOOG
$4.18T
| $582M | 3.33% |
1,855,400
+44,900
| +2% | +$12.9M |
|
|
6
Occidental Petroleum
OXY
$61.3B
| $542M | 3.1% |
13,172,600
-383,500
| -3% | -$16M |
|
|
7
Microsoft
MSFT
$3.59T
| $415M | 2.38% |
859,000
+579,800
| +208% | +$291M |
|
|
8
Alibaba
BABA
$286B
| $375M | 2.15% |
2,560,500
-216,830
| -8% | -$35.3M |
|
|
9
TSMC
TSM
$2.17T
| $372M | 2.13% |
1,224,384
+964,400
| +371% | +$283M |
|
|
10
Walt Disney
DIS
$186B
| $81M | 0.46% |
712,000
-11,000
| -2% | -$1.21M |
|
|
CRWV
11
CoreWeave
CRWV
$48.5B
| $21.5M | 0.12% |
+299,900
| New | +$30.4M |
|
12
Credo Technology Group
CRDO
$43B
| $20.3M | 0.12% |
+141,300
| New | +$21.7M |
|
|
13
ASML
ASML
$677B
| $10.6M | 0.06% |
9,900
-70,100
| -88% | -$73.1M |
|
|
TEM
14
Tempus AI
TEM
$13.1B
| $6.5M | 0.04% |
+110,000
| New | +$8.6M |
|
Similar funds
Duan Yongping's Q4 2025 Portfolio in Review
As of Q4 2025, Duan Yongping held 14 positions worth $17.5B, up 19% from $14.7B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Duan Yongping deployed $2.45B of net new capital in Q4 2025, opening 3 new positions and adding to 6 existing holdings. Its largest new stake was CoreWeave: 299,900 shares worth $21.5M.
By sector, the portfolio is most concentrated in Technology at 63% of assets, down from 63% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $663M trimmed.
- Duan Yongping's largest Q4 2025 buy was CoreWeave: 299,900 shares worth $21.5M.
- Duan Yongping added most to NVIDIA in Q4 2025, an estimated $1.24B increase.
- Duan Yongping's biggest Q4 2025 reduction was Apple, cutting an estimated $663M.
- Duan Yongping's ten largest holdings make up 100% of its $17.5B portfolio in Q4 2025.
- Duan Yongping opened 3 new positions and closed 0 in Q4 2025.
- Duan Yongping's portfolio value rose 19% quarter-over-quarter to $17.5B.
Based on H&H International Investment's 13F filing for Q4 2025, filed 17 Feb 2026.