Li Lu Himalaya Capital Management
Li Lu is the founder of Himalaya Capital Management and a prominent value investor influenced by the Berkshire Hathaway tradition. A student of Charlie Munger’s approach, he is known for concentrated portfolios, long holding periods, and deep fundamental research. His firm’s public filings are followed closely by investors seeking exposure to high-conviction ideas across U.S. and Asian markets.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$91.4M |
| 2 |
Pinduoduo
PDD
|
+$43.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 53.08% |
| 2 | Communication Services | 22.74% |
| 3 | Financials | 20.63% |
| 4 | Consumer Discretionary | 3.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Micron Technology
MU
$1.1T
| $863M | 47.52% |
11,476,523
| – | – |
|
2
Bank of America
BAC
$451B
| $375M | 20.63% |
12,358,987
| – | – |
|
|
3
Meta Platforms (Facebook)
META
$1.5T
| $262M | 14.45% |
960,300
-370,700
| -28% | -$102M |
|
4
Alphabet (Google) Class C
GOOG
$4.2T
| $150M | 8.29% |
1,718,000
| – | – |
|
|
5
Apple
AAPL
$4.46T
| $101M | 5.55% |
+759,600
| New | +$91.4M |
|
|
6
Pinduoduo
PDD
$121B
| $64.5M | 3.55% |
+363,165
| New | +$43.4M |
|
Similar funds
Li Lu's Q4 2020 Portfolio in Review
As of Q4 2020, Li Lu held 6 positions worth $1.82B, up 38% from $1.31B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Li Lu's Q4 2020 filing shows 2 new and 1 reduced positions. Its largest new stake was Apple: 759,600 shares worth $101M. The largest sale was Meta Platforms (Facebook), an estimated $102M.
By sector, the portfolio is most concentrated in Technology at 53% of assets, up from 41% a quarter earlier, followed by Communication Services and Financials.
- Li Lu's largest Q4 2020 buy was Apple: 759,600 shares worth $101M.
- Li Lu's biggest Q4 2020 reduction was Meta Platforms (Facebook), cutting an estimated $102M.
- Li Lu's ten largest holdings make up 100% of its $1.82B portfolio in Q4 2020.
- Li Lu opened 2 new positions and closed 0 in Q4 2020.
- Li Lu's portfolio value rose 38% quarter-over-quarter to $1.82B.
Based on Himalaya Capital Management's 13F filing for Q4 2020, filed 16 Feb 2021.