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 |
Bank of America
BAC
|
+$101M |
| 2 |
Meta Platforms (Facebook)
META
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinduoduo
PDD
|
+$32.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 45.18% |
| 2 | Financials | 34.43% |
| 3 | Communication Services | 20.39% |
| 4 | Consumer Discretionary | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Micron Technology
MU
$1.1T
| $1.07B | 40.12% |
11,476,523
| – | – |
|
|
2
Bank of America
BAC
$451B
| $649M | 24.36% |
14,586,987
+2,228,000
| +18% | +$101M |
|
|
3
Meta Platforms (Facebook)
META
$1.5T
| $295M | 11.06% |
876,200
+303,600
| +53% | +$101M |
|
4
Berkshire Hathaway Class B
BRK.B
$1.08T
| $268M | 10.07% |
897,749
| – | – |
|
5
Alphabet (Google) Class C
GOOG
$4.2T
| $249M | 9.33% |
1,718,000
| – | – |
|
6
Apple
AAPL
$4.46T
| $135M | 5.06% |
759,600
| – | – |
|
|
7
Pinduoduo
PDD
$121B
| – | – |
-363,165
| Closed | -$32.9M |
|
Similar funds
Li Lu's Q4 2021 Portfolio in Review
As of Q4 2021, Li Lu held 7 positions worth $2.66B, up 24% from $2.15B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Li Lu deployed $169M of net new capital in Q4 2021, adding to 2 existing holdings.
By sector, the portfolio is most concentrated in Technology at 45% of assets, up from 43% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the most notable exit was Pinduoduo, an estimated $32.9M sold.
- Li Lu added most to Bank of America in Q4 2021, an estimated $101M increase.
- Li Lu fully exited Pinduoduo in Q4 2021, selling an estimated $32.9M.
- Li Lu's ten largest holdings make up 100% of its $2.66B portfolio in Q4 2021.
- Li Lu opened 0 new positions and closed 1 in Q4 2021.
- Li Lu's portfolio value rose 24% quarter-over-quarter to $2.66B.
Based on Himalaya Capital Management's 13F filing for Q4 2021, filed 15 Feb 2022.