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
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 54.81% |
| 2 | Communication Services | 38.08% |
| 3 | Technology | 7.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Bank of America
BAC
$451B
| $609M | 29.56% |
18,081,133
| – | – |
|
2
Alphabet (Google) Class C
GOOG
$4.2T
| $429M | 20.83% |
3,044,000
| – | – |
|
|
3
Alphabet (Google) Class A
GOOGL
$4.23T
| $355M | 17.25% |
2,543,300
| – | – |
|
4
Berkshire Hathaway Class B
BRK.B
$1.08T
| $320M | 15.55% |
897,749
| – | – |
|
5
East-West Bancorp
EWBC
$18.7B
| $200M | 9.7% |
2,776,351
| – | – |
|
6
Apple
AAPL
$4.46T
| $146M | 7.1% |
759,600
| – | – |
|
Similar funds
Li Lu's Q4 2023 Portfolio in Review
As of Q4 2023, Li Lu held 6 positions worth $2.06B, up 13% from $1.82B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 0%. Li Lu opened no new positions and made no exits, leaving the 6-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 55% of assets, up from 53% a quarter earlier, followed by Communication Services and Technology.
- Li Lu's ten largest holdings make up 100% of its $2.06B portfolio in Q4 2023.
- Li Lu opened 0 new positions and closed 0 in Q4 2023.
- Li Lu's portfolio value rose 13% quarter-over-quarter to $2.06B.
Based on Himalaya Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.