Li Lu - Himalaya Capital Management
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    14
Portfolio value:    $3,201,226,867
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Avg. Buy
Price*
Value Current
Price
+/-
Since
Buy
52
Week
Low
52
Week
High
GOOGL - Alphabet Inc. 22.85 2,543,300 $95.96 $731,351,348 $352.51 267.36% $175.98 $408.37
GOOG - Alphabet Inc. 21.97 2,451,300 $87.54 $703,179,918 $350.67 300.60% $180.20 $404.23
PDD - PDD Holdings Inc. 14.71 4,608,000 $104.66 $470,845,440 $84.56 -19.21% $71.94 $139.41
BRK.B - Berkshire Hathaway CL B 13.44 897,749 $272.94 $430,201,321 $496.85 82.04% $455.19 $516.85
EWBC - East West Bancorp, Inc. 9.26 2,776,351 $55.03 $296,403,233 $131.41 138.79% $90.90 $136.00
BAC - Bank of America Corp. 4.57 Reduce 71.26% 2,997,987 $25.52 $146,151,866 $59.50 133.15% $43.80 $60.83
OXY - Occidental Petroleum Corp. 2.98 1,466,500 $63.03 $95,322,500 $54.81 -13.04% $38.44 $67.14
CROX - Crocs, Inc. 2.30 Add 41.22% 887,093 $84.79 $73,646,461 $130.46 53.86% $73.21 $134.77
TME - Tencent Music Entertainment Group 1.91 Buy 6,590,836 $9.28 $61,162,958 $8.83 -4.85% $7.94 $26.00
SPGI - S&P Global Inc. 1.61 Buy 121,463 $402.40 $51,663,072 $437.84 8.81% $359.36 $543.27
HRB - H&R Block, Inc. 1.61 Buy 1,626,906 $31.74 $51,637,996 $40.86 28.73% $27.48 $54.70
MCO - Moody's Corp. 1.61 Buy 117,784 $436.25 $51,383,270 $495.72 13.63% $400.46 $544.40
AAPL - Apple Inc. 0.88 110,600 $132.69 $28,069,174 $317.31 139.14% $200.70 $323.45
MSCI - MSCI Inc. 0.32 Buy 18,939 $539.01 $10,208,310 $620.23 15.07% $497.32 $644.68
* Avg. Buy Price is an estimated cost basis: the share-weighted average of the quarter-end prices reported when this manager first bought or later added to the position (average-cost method, reset after a full exit). 13F filings disclose only quarter-end holdings, not actual trade prices, so this approximates — but does not exactly equal — what was paid.
Sector % analysis
Communication Services 46.72
Financial Services 30.80
Consumer Cyclical 18.62
Energy 2.98
Technology 0.88