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 |
East-West Bancorp
EWBC
|
+$158M |
| 2 |
Bank of America
BAC
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$273M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 45.2% |
| 2 | Communication Services | 28.46% |
| 3 | Technology | 26.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Bank of America
BAC
$451B
| $517M | 25.36% |
18,081,133
+3,494,146
| +24% | +$115M |
|
|
2
Micron Technology
MU
$1.1T
| $412M | 20.2% |
6,826,079
-4,650,444
| -41% | -$273M |
|
3
Alphabet (Google) Class C
GOOG
$4.2T
| $317M | 15.52% |
3,044,000
| – | – |
|
4
Berkshire Hathaway Class B
BRK.B
$1.08T
| $277M | 13.59% |
897,749
| – | – |
|
|
5
Alphabet (Google) Class A
GOOGL
$4.23T
| $264M | 12.94% |
2,543,300
| – | – |
|
|
6
East-West Bancorp
EWBC
$18.7B
| $127M | 6.25% |
+2,296,300
| New | +$158M |
|
7
Apple
AAPL
$4.46T
| $125M | 6.14% |
759,600
| – | – |
|
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Li Lu's Q1 2023 Portfolio in Review
As of Q1 2023, Li Lu held 7 positions worth $2.04B, up 5.8% from $1.93B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Li Lu's Q1 2023 filing shows 1 new, 1 increased and 1 reduced positions. Its largest new stake was East-West Bancorp: 2,296,300 shares worth $127M. The largest sale was Micron Technology, an estimated $273M.
By sector, the portfolio is most concentrated in Financials at 45% of assets, up from 39% a quarter earlier, followed by Communication Services and Technology.
- Li Lu's largest Q1 2023 buy was East-West Bancorp: 2,296,300 shares worth $127M.
- Li Lu added most to Bank of America in Q1 2023, an estimated $115M increase.
- Li Lu's biggest Q1 2023 reduction was Micron Technology, cutting an estimated $273M.
- Li Lu's ten largest holdings make up 100% of its $2.04B portfolio in Q1 2023.
- Li Lu opened 1 new position and closed 0 in Q1 2023.
- Li Lu's portfolio value rose 5.8% quarter-over-quarter to $2.04B.
Based on Himalaya Capital Management's 13F filing for Q1 2023, filed 16 May 2023.