Great investors · Li Lu · Q2 2026
What Li Lu bought and sold in Q2 2026
Himalaya Capital 13F portfolio as of Jun 30, 2026: 8 positions worth $3.7 bn. Largest: GOOGL, PDD, BRK/B, EWBC. Filed with the SEC on Aug 14, 2026.
The 13F is filed by Himalaya Capital, not by Li Lu personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q2 2026
- IncreasedPDD HoldingsPDD+12.7 pp
- IncreasedBerkshire HathawayBRK/B+2.8 pp
Sells in Q2 2026
- Sold outBank of AmericaBAC−3.9 pp
- Sold outOccidental PetroleumOXY−2.6 pp
- Sold outS&P GlobalSPGI−1.4 pp
- Sold outH&r BlockHRB−1.4 pp
- Sold outMoody'sMCO−1.4 pp
7 companies with material moves, out of 8 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Himalaya Capital's Q2 2026 13F lists 8 lines of US-listed securities worth $3.7 bn; the largest is GOOGL at 24.5% of the portfolio. It was accepted by the SEC on Aug 14, 2026 at 3:28 PM ET.
Against the previous quarter, it opened no new positions, closed 6 (BAC, OXY, SPGI and HRB and 2 more), added to 2 (PDD and BRK/B) and trimmed none. 6 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Alphabet GOOGL | 2.5 M | $909M | 24.5% | no change |
| 2 | Alphabet GOOG | 2.5 M | $866M | 23.4% | no change |
| 3 | PDD Holdings PDD | 10.8 M | $821M | 22.2% | +134% |
| 4 | Berkshire Hathaway BRK/B | 1.1 M | $555M | 15.0% | +23% |
| 5 | East West Bancorp EWBC | 2.8 M | $358M | 9.68% | no change |
| 6 | Crocs CROX | 887,093 | $107M | 2.89% | no change |
| 7 | Tencent Music Entertainment Group TME | 6.6 M | $55.0M | 1.49% | no change |
| 8 | Apple AAPL | 110,600 | $32.0M | 0.86% | no change |
Positions it closed (6)
- Bank of America BACwas 4.57% · 3.0 M shares
- Occidental Petroleum OXYwas 2.98% · 1.5 M shares
- S&P Global SPGIwas 1.61% · 121,463 shares
- H&r Block HRBwas 1.61% · 1.6 M shares
- Moody's MCOwas 1.61% · 117,784 shares
- MSCI MSCIwas 0.32% · 18,939 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Himalaya Capital's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.