FilingsTodayHimalaya Capital
At a glance
A value fund founded by Li Lu in 1997, famous because Charlie Munger entrusted it with part of his money. It holds a handful of US and Asian stocks for the long term, so its 13F often lists only a few US-listed names.
At the end of 2026 Q2, Himalaya Capital's 13F listed 7 US stocks worth $3.7B. The largest position was Alphabet at 47.9% of the portfolio, and the top 10 made up 100%, a concentrated book. The five biggest holdings were Alphabet ($1.78B), PDD Holdings ($820.9M), Berkshire Hathaway ($554.6M), East West BAN ($358.4M) and Crocs ($107M).
Against 2026 Q1, it opened 0 new positions and sold out of 6. Among the bigger holdings it added to PDD Holdings (+133.5% shares) and Berkshire Hathaway (+23.5% shares). Positions it exited include BK of America, Occidental Petroleum, S&P Global, Block and Moodys.
Over 8 quarters from 2024 Q3 to 2026 Q2, the reported portfolio went from $2.47B to $3.7B (+49.8%) and from 7 to 7 stocks. GOOGL was the largest holding in every quarter. New positions and exits added up to 14 over these quarters.
Top 10 by weight
Quarter by quarter (last 8)
| Quarter | Total value | Stocks | New | Exited | Largest |
|---|---|---|---|---|---|
| 2026 Q2 | $3.7B | 7 | 0 | 6 | GOOGL |
| 2026 Q1 | $3.2B | 13 | 5 | 0 | GOOGL |
| 2025 Q4 | $3.57B | 8 | 1 | 1 | GOOGL |
| 2025 Q3 | $3.23B | 8 | 0 | 0 | GOOGL |
| 2025 Q2 | $2.69B | 8 | 1 | 0 | GOOGL |
| 2025 Q1 | $2.21B | 7 | 0 | 0 | GOOGL |
| 2024 Q4 | $2.71B | 7 | 0 | 0 | GOOGL |
| 2024 Q3 | $2.47B | 7 | - | - | GOOGL |
Holdings top 7
| Stock | Value | Weight | Share change |
|---|---|---|---|
| Alphabet GOOGL | $1.78B | 47.94% | 0.0% |
| PDD Holdings PDDAdded | $820.9M | 22.17% | +133.5% |
| Berkshire Hathaway BRK-BAdded | $554.6M | 14.98% | +23.5% |
| East West BAN EWBC | $358.4M | 9.68% | 0.0% |
| Crocs CROX | $107M | 2.89% | 0.0% |
| Tencent Music Entertainment Group TME | $55M | 1.49% | 0.0% |
| Apple AAPL | $32M | 0.86% | 0.0% |
Sold out (vs 2026 Q1)
Source: SEC Form 13F. Options and bonds are excluded; multiple lines for the same stock are combined. Stocks are matched by their SEC-registered names.