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 |
Sable Offshore Corp
SOC
|
+$24.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$98.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 55.02% |
| 2 | Communication Services | 37.64% |
| 3 | Energy | 4.34% |
| 4 | Technology | 2.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Bank of America
BAC
$451B
| $717M | 29.02% |
18,081,133
| – | – |
|
2
Alphabet (Google) Class C
GOOG
$4.2T
| $509M | 20.58% |
3,044,000
| – | – |
|
|
3
Alphabet (Google) Class A
GOOGL
$4.23T
| $422M | 17.06% |
2,543,300
| – | – |
|
4
Berkshire Hathaway Class B
BRK.B
$1.08T
| $413M | 16.71% |
897,749
| – | – |
|
5
East-West Bancorp
EWBC
$18.7B
| $230M | 9.29% |
2,776,351
| – | – |
|
6
Occidental Petroleum
OXY
$58.3B
| $75.6M | 3.06% |
1,466,500
| – | – |
|
|
7
Apple
AAPL
$4.46T
| $74M | 2.99% |
317,700
-441,900
| -58% | -$98.7M |
|
|
8
Sable Offshore Corp
SOC
$796M
| $31.7M | 1.28% |
+1,343,000
| New | +$24.2M |
|
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Li Lu's Q3 2024 Portfolio in Review
As of Q3 2024, Li Lu held 8 positions worth $2.47B, down 3.5% from $2.56B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Li Lu withdrew a net $74.5M in Q3 2024, reducing 1 holding. Its largest reduction was Apple, cutting an estimated $98.7M.
By sector, the portfolio is most concentrated in Financials at 55% of assets, up from 50% a quarter earlier, followed by Communication Services and Energy.
Against the trend, Li Lu opened a new position in Sable Offshore Corp worth $31.7M.
- Li Lu's largest Q3 2024 buy was Sable Offshore Corp: 1,343,000 shares worth $31.7M.
- Li Lu's biggest Q3 2024 reduction was Apple, cutting an estimated $98.7M.
- Li Lu's ten largest holdings make up 100% of its $2.47B portfolio in Q3 2024.
- Li Lu opened 1 new position and closed 0 in Q3 2024.
- Li Lu's portfolio value fell 3.5% quarter-over-quarter to $2.47B.
Based on Himalaya Capital Management's 13F filing for Q3 2024, filed 14 Nov 2024.