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 |
Occidental Petroleum
OXY
|
+$94M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 50.27% |
| 2 | Communication Services | 39.88% |
| 3 | Technology | 6.25% |
| 4 | Energy | 3.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Bank of America
BAC
$349B
| $719M | 28.07% |
18,081,133
| – | – |
2020 Q1
17 quarters
|
|
2
Alphabet (Google) Class C
GOOG
$3.63T
| $558M | 21.8% |
3,044,000
| – | – |
2020 Q2
16 quarters
|
|
3
Alphabet (Google) Class A
GOOGL
$3.67T
| $463M | 18.08% |
2,543,300
| – | – |
2022 Q2
8 quarters
|
|
4
Berkshire Hathaway Class B
BRK.B
$1.25T
| $365M | 14.26% |
897,749
| – | – |
2021 Q3
11 quarters
|
|
5
East-West Bancorp
EWBC
$18B
| $203M | 7.94% |
2,776,351
| – | – |
2023 Q1
5 quarters
|
|
6
Apple
AAPL
$5.16T
| $160M | 6.25% |
759,600
| – | – |
2020 Q4
14 quarters
|
|
|
7
Occidental Petroleum
OXY
$58.4B
| $92.4M | 3.61% |
+1,466,500
| New | +$94M |
2024 Q2
0 quarters
|
|
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Li Lu's Q2 2024 Portfolio in Review
As of Q2 2024, Li Lu held 7 positions worth $2.56B, up 13% from $2.26B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Li Lu deployed $94M of net new capital in Q2 2024, opening 1 new position. Its largest new stake was Occidental Petroleum: 1,466,500 shares worth $92.4M.
By sector, the portfolio is most concentrated in Financials at 50% of assets, down from 57% a quarter earlier, followed by Communication Services and Technology.
- Li Lu's largest Q2 2024 buy was Occidental Petroleum: 1,466,500 shares worth $92.4M.
- Li Lu's ten largest holdings make up 100% of its $2.56B portfolio in Q2 2024.
- Li Lu opened 1 new position and closed 0 in Q2 2024.
- Li Lu's portfolio value rose 13% quarter-over-quarter to $2.56B.
Based on Himalaya Capital Management's 13F filing for Q2 2024, filed 14 Aug 2024.