Investor profile · Q1 2026 13F

Li Lu’s Portfolio

Charlie Munger's chosen money manager and the investor who introduced Berkshire to BYD. Runs an ultra-concentrated value book influenced by the Buffett-Munger playbook.

Portfolio value

$3.20B

Holdings

Last 13F filed

May 15, 2026

Report quarter

Q1 2026

Himalaya Capital Management's March 2026 portfolio — the $3.20B flagship of value investor Li Lu — carries one of the most distinctive fingerprints in the institutional 13F dataset, and Q1 2026 produced the most consequential rotation the fund has shown in recent quarters. Read the full Q1 2026 analysis →

Top holdings

1GOOGLAlphabet Inc$731.35M22.8%2GOOGAlphabet Inc$703.18M22.0%3PDDPdd Holdings Inc$470.85M14.7%4BRK/BBerkshire Hathaway Inc Del$430.20M13.4%5EWBCEast West Bancorp Inc$296.40M9.3%6BACBk Of America Corp$146.15M4.6%7OXYOccidental Pete Corp$95.32M3.0%8CROXCrocs Inc$73.65M2.3%9TMETencent Music Entmt Group$61.16M1.9%10SPGIS&P Global Inc$51.66M1.6%

Full holdings, history & AI analysis on the Himalaya Capital Management page →

Data source: Himalaya Capital Management’s SEC Form 13F-HR filings, most recently filed May 15, 2026. 13F filings disclose long U.S. equity positions only, with up to a 45-day lag. How we process this data →