Li Lu
Himalaya Capital Management · 12 closed periods in the current 3-year detail window (latest closed period: Q4 2025 → next disclosure, 9 priced positions, +11.68% return). Every disclosed long-equity position appears in the table for its period; the Valid column shows 1 (counted in the math) or 0 (excluded — hover the row for the reason). See the methodology for the exact math.
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2026-02-17 → 2026-05-15
9 of 9 priced100.00% coverage+11.68%Holdings from Q4 2025 disclosure · accession 0002043585-26-000011 — these holdings should be identical to the manager's portfolio view for that quarter.
2026-02-17 → 2026-05-15
9 of 9 priced100.00% coverage+11.68%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | 2,543,300 | $302.82 | — | $393.32 | $770.16M | $1B | +29.89% | 22.31% | +6.7 bps | 1 |
| GOOGL | 2,451,300 | $302.02 | — | $396.78 | $740.34M | $972.63M | +31.38% | 21.55% | +6.8 bps | 1 |
| BAC | 10,431,387 | $52.74 | — | $49.77 | $550.15M | $519.17M | -5.63% | 16.08% | -0.9 bps | 1 |
| PDD | 4,608,000 | $101.83 | — | $95.83 | $469.23M | $441.58M | -5.89% | 14.64% | -0.9 bps | 1 |
| BRK-B | 897,749 | $503.41 | — | $482.70 | $451.94M | $433.34M | -4.11% | 12.64% | -0.5 bps | 1 |
| EWBC | 2,776,351 | $119.61 | — | $119.41 | $332.08M | $331.52M | -0.17% | 8.74% | -0.0 bps | 1 |
| OXY | 1,466,500 | $45.94 | — | $59.62 | $67.37M | $87.43M | +29.78% | 1.69% | +0.5 bps | 1 |
| CROX | 628,159 | $99.92 | — | $94.94 | $62.77M | $59.64M | -4.98% | 1.51% | -0.1 bps | 1 |
| AAPL | 110,600 | $263.88 | — | $300.23 | $29.19M | $33.21M | +13.78% | 0.84% | +0.1 bps | 1 |
| Top 5 (by entry value)(5) | $2.98B | $3.37B | +12.92% | |||||||
| Total(9) | $3.47B | $3.88B | +11.68% | |||||||
2025-11-12 → 2026-02-17
9 of 9 priced100.00% coverage-1.35%Holdings from Q3 2025 disclosure · accession 0002043585-25-000015 — these holdings should be identical to the manager's portfolio view for that quarter.
2025-11-12 → 2026-02-17
9 of 9 priced100.00% coverage-1.35%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| GOOGL | 2,543,300 | $286.71 | — | $302.02 | $729.19M | $768.13M | +5.34% | 19.14% | +1.0 bps | 1 |
| PDD | 4,608,000 | $136.04 | — | $101.83 | $626.87M | $469.23M | -25.15% | 18.85% | -4.7 bps | 1 |
| GOOG | 2,451,300 | $287.43 | — | $302.82 | $704.58M | $742.3M | +5.35% | 18.48% | +1.0 bps | 1 |
| BAC | 10,431,387 | $54.11 | — | $52.74 | $564.44M | $550.15M | -2.53% | 16.66% | -0.4 bps | 1 |
| BRK-B | 897,749 | $502.40 | — | $503.41 | $451.03M | $451.94M | +0.20% | 13.97% | +0.0 bps | 1 |
| EWBC | 2,776,351 | $105.35 | — | $119.61 | $292.49M | $332.08M | +13.54% | 9.15% | +1.2 bps | 1 |
| OXY | 1,466,500 | $41.93 | — | $45.94 | $61.49M | $67.37M | +9.56% | 2.15% | +0.2 bps | 1 |
| AAPL | 110,600 | $273.47 | — | $263.88 | $30.25M | $29.19M | -3.51% | 0.87% | -0.0 bps | 1 |
| SOC | 1,343,000 | $6.40 | — | $8.69 | $8.6M | $11.67M | +35.78% | 0.73% | +0.3 bps | 1 |
| Top 5 (by entry value)(5) | $3.08B | $2.98B | -3.07% | |||||||
| Total(9) | $3.47B | $3.42B | -1.35% | |||||||
2025-08-14 → 2025-11-12
9 of 9 priced100.00% coverage+20.01%Holdings from Q2 2025 disclosure · accession 0002043585-25-000010 — these holdings should be identical to the manager's portfolio view for that quarter.
2025-08-14 → 2025-11-12
9 of 9 priced100.00% coverage+20.01%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 10,431,387 | $47.71 | — | $54.11 | $497.68M | $564.44M | +13.41% | 18.36% | +2.5 bps | 1 |
| PDD | 4,608,000 | $114.74 | — | $136.04 | $528.72M | $626.87M | +18.56% | 17.93% | +3.3 bps | 1 |
| GOOGL | 2,543,300 | $202.94 | — | $286.71 | $516.14M | $729.19M | +41.28% | 16.67% | +6.9 bps | 1 |
| BRK-B | 897,749 | $479.22 | — | $502.40 | $430.22M | $451.03M | +4.84% | 16.22% | +0.8 bps | 1 |
| GOOG | 2,451,300 | $203.82 | — | $287.43 | $499.62M | $704.58M | +41.02% | 16.17% | +6.6 bps | 1 |
| EWBC | 2,776,351 | $103.25 | — | $105.35 | $286.66M | $292.49M | +2.03% | 10.43% | +0.2 bps | 1 |
| OXY | 1,466,500 | $44.77 | — | $41.93 | $65.66M | $61.49M | -6.34% | 2.29% | -0.1 bps | 1 |
| SOC | 1,343,000 | $29.78 | — | $6.40 | $39.99M | $8.6M | -78.51% | 1.10% | -0.9 bps | 1 |
| AAPL | 110,600 | $232.78 | — | $273.47 | $25.75M | $30.25M | +17.48% | 0.84% | +0.1 bps | 1 |
| Top 5 (by entry value)(5) | $2.47B | $3.08B | +24.42% | |||||||
| Total(9) | $2.89B | $3.47B | +20.01% | |||||||
2025-05-15 → 2025-08-14
8 of 8 priced100.00% coverage+10.68%Holdings from Q1 2025 disclosure · accession 0002043585-25-000004 — these holdings should be identical to the manager's portfolio view for that quarter.
2025-05-15 → 2025-08-14
8 of 8 priced100.00% coverage+10.68%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 13,846,633 | $44.38 | — | $47.71 | $614.51M | $660.62M | +7.50% | 26.12% | +2.0 bps | 1 |
| BRK-B | 897,749 | $507.33 | — | $479.22 | $455.46M | $430.22M | -5.54% | 21.61% | -1.2 bps | 1 |
| GOOGL | 2,543,300 | $163.96 | — | $202.94 | $417M | $516.14M | +23.77% | 17.78% | +4.2 bps | 1 |
| GOOG | 2,451,300 | $165.40 | — | $203.82 | $405.45M | $499.62M | +23.23% | 17.31% | +4.0 bps | 1 |
| EWBC | 2,776,351 | $95.10 | — | $103.25 | $264.03M | $286.66M | +8.57% | 11.26% | +1.0 bps | 1 |
| OXY | 1,466,500 | $43.37 | — | $44.77 | $63.6M | $65.66M | +3.23% | 3.27% | +0.1 bps | 1 |
| SOC | 1,343,000 | $28.06 | — | $29.78 | $37.68M | $39.99M | +6.13% | 1.54% | +0.1 bps | 1 |
| AAPL | 110,600 | $211.45 | — | $232.78 | $23.39M | $25.75M | +10.09% | 1.11% | +0.1 bps | 1 |
| Top 5 (by entry value)(5) | $2.16B | $2.39B | +10.98% | |||||||
| Total(8) | $2.28B | $2.52B | +10.68% | |||||||
2025-02-14 → 2025-05-15
8 of 8 priced100.00% coverage-6.17%Holdings from Q4 2024 disclosure · accession 0001709323-25-000001 — these holdings should be identical to the manager's portfolio view for that quarter.
2025-02-14 → 2025-05-15
8 of 8 priced100.00% coverage-6.17%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $46.96 | — | $44.38 | $849.09M | $802.44M | -5.49% | 29.31% | -1.6 bps | 1 |
| GOOG | 3,044,000 | $186.87 | — | $165.40 | $568.83M | $503.48M | -11.49% | 21.38% | -2.5 bps | 1 |
| GOOGL | 2,543,300 | $185.23 | — | $163.96 | $471.1M | $417M | -11.48% | 17.76% | -2.0 bps | 1 |
| BRK-B | 897,749 | $479.59 | — | $507.33 | $430.55M | $455.46M | +5.78% | 15.01% | +0.9 bps | 1 |
| EWBC | 2,776,351 | $98.57 | — | $95.10 | $273.66M | $264.03M | -3.52% | 9.81% | -0.3 bps | 1 |
| AAPL | 317,700 | $244.60 | — | $211.45 | $77.71M | $67.18M | -13.55% | 2.93% | -0.4 bps | 1 |
| OXY | 1,466,500 | $48.06 | — | $43.37 | $70.48M | $63.6M | -9.76% | 2.67% | -0.3 bps | 1 |
| SOC | 1,343,000 | $30.53 | — | $28.06 | $41M | $37.68M | -8.09% | 1.13% | -0.1 bps | 1 |
| Top 5 (by entry value)(5) | $2.59B | $2.44B | -5.82% | |||||||
| Total(8) | $2.78B | $2.61B | -6.17% | |||||||
2024-11-14 → 2025-02-14
8 of 8 priced100.00% coverage+3.02%Holdings from Q3 2024 disclosure · accession 0001709323-24-000009 — these holdings should be identical to the manager's portfolio view for that quarter.
2024-11-14 → 2025-02-14
8 of 8 priced100.00% coverage+3.02%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $45.90 | — | $46.96 | $829.92M | $849.09M | +2.31% | 29.02% | +0.7 bps | 1 |
| GOOG | 3,044,000 | $177.35 | — | $186.87 | $539.85M | $568.83M | +5.37% | 20.58% | +1.1 bps | 1 |
| GOOGL | 2,543,300 | $175.58 | — | $185.23 | $446.55M | $471.1M | +5.50% | 17.06% | +0.9 bps | 1 |
| BRK-B | 897,749 | $467.70 | — | $479.59 | $419.88M | $430.55M | +2.54% | 16.71% | +0.4 bps | 1 |
| EWBC | 2,776,351 | $103.57 | — | $98.57 | $287.55M | $273.66M | -4.83% | 9.29% | -0.4 bps | 1 |
| OXY | 1,466,500 | $50.67 | — | $48.06 | $74.31M | $70.48M | -5.15% | 3.06% | -0.2 bps | 1 |
| AAPL | 317,700 | $228.22 | — | $244.60 | $72.51M | $77.71M | +7.18% | 2.99% | +0.2 bps | 1 |
| SOC | 1,343,000 | $22.49 | — | $30.53 | $30.2M | $41M | +35.75% | 1.28% | +0.5 bps | 1 |
| Top 5 (by entry value)(5) | $2.52B | $2.59B | +2.75% | |||||||
| Total(8) | $2.7B | $2.78B | +3.02% | |||||||
2024-08-14 → 2024-11-14
7 of 7 priced100.00% coverage+12.40%Holdings from Q2 2024 disclosure · accession 0001709323-24-000005 — these holdings should be identical to the manager's portfolio view for that quarter.
2024-08-14 → 2024-11-14
7 of 7 priced100.00% coverage+12.40%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $38.81 | — | $45.90 | $701.73M | $829.92M | +18.27% | 28.07% | +5.1 bps | 1 |
| GOOG | 3,044,000 | $162.03 | — | $177.35 | $493.22M | $539.85M | +9.46% | 21.80% | +2.1 bps | 1 |
| GOOGL | 2,543,300 | $160.37 | — | $175.58 | $407.87M | $446.55M | +9.48% | 18.08% | +1.7 bps | 1 |
| BRK-B | 897,749 | $438.47 | — | $467.70 | $393.64M | $419.88M | +6.67% | 14.26% | +1.0 bps | 1 |
| EWBC | 2,776,351 | $78.25 | — | $103.57 | $217.25M | $287.55M | +32.36% | 7.94% | +2.6 bps | 1 |
| AAPL | 759,600 | $221.72 | — | $228.22 | $168.42M | $173.36M | +2.93% | 6.25% | +0.2 bps | 1 |
| OXY | 1,466,500 | $56.94 | — | $50.67 | $83.5M | $74.31M | -11.01% | 3.61% | -0.4 bps | 1 |
| Top 5 (by entry value)(5) | $2.21B | $2.52B | +14.01% | |||||||
| Total(7) | $2.47B | $2.77B | +12.40% | |||||||
2024-05-15 → 2024-08-14
6 of 6 priced100.00% coverage-0.88%Holdings from Q1 2024 disclosure · accession 0001709323-24-000004 — these holdings should be identical to the manager's portfolio view for that quarter.
2024-05-15 → 2024-08-14
6 of 6 priced100.00% coverage-0.88%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $38.91 | — | $38.81 | $703.54M | $701.73M | -0.26% | 30.33% | -0.1 bps | 1 |
| GOOG | 3,044,000 | $173.88 | — | $162.03 | $529.29M | $493.22M | -6.82% | 20.50% | -1.4 bps | 1 |
| GOOGL | 2,543,300 | $172.51 | — | $160.37 | $438.74M | $407.87M | -7.04% | 16.98% | -1.2 bps | 1 |
| BRK-B | 897,749 | $412.76 | — | $438.47 | $370.55M | $393.64M | +6.23% | 16.70% | +1.0 bps | 1 |
| EWBC | 2,776,351 | $78.21 | — | $78.25 | $217.14M | $217.25M | +0.05% | 9.72% | +0.0 bps | 1 |
| AAPL | 759,600 | $189.72 | — | $221.72 | $144.11M | $168.42M | +16.87% | 5.76% | +1.0 bps | 1 |
| Top 5 (by entry value)(5) | $2.26B | $2.21B | -2.02% | |||||||
| Total(6) | $2.4B | $2.38B | -0.88% | |||||||
2024-02-14 → 2024-05-15
6 of 6 priced100.00% coverage+13.66%Holdings from Q4 2023 disclosure · accession 0001709323-24-000001 — these holdings should be identical to the manager's portfolio view for that quarter.
2024-02-14 → 2024-05-15
6 of 6 priced100.00% coverage+13.66%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $33.13 | — | $38.91 | $599.03M | $703.54M | +17.45% | 29.56% | +5.2 bps | 1 |
| GOOG | 3,044,000 | $147.14 | — | $173.88 | $447.89M | $529.29M | +18.17% | 20.83% | +3.8 bps | 1 |
| GOOGL | 2,543,300 | $145.94 | — | $172.51 | $371.17M | $438.74M | +18.21% | 17.25% | +3.1 bps | 1 |
| BRK-B | 897,749 | $398.68 | — | $412.76 | $357.91M | $370.55M | +3.53% | 15.55% | +0.5 bps | 1 |
| EWBC | 2,776,351 | $71.56 | — | $78.21 | $198.68M | $217.14M | +9.29% | 9.70% | +0.9 bps | 1 |
| AAPL | 759,600 | $184.15 | — | $189.72 | $139.88M | $144.11M | +3.02% | 7.10% | +0.2 bps | 1 |
| Top 5 (by entry value)(5) | $1.97B | $2.26B | +14.41% | |||||||
| Total(6) | $2.11B | $2.4B | +13.66% | |||||||
2023-11-14 → 2024-02-14
6 of 6 priced100.00% coverage+10.82%Holdings from Q3 2023 disclosure · accession 0001709323-23-000006 — these holdings should be identical to the manager's portfolio view for that quarter.
2023-11-14 → 2024-02-14
6 of 6 priced100.00% coverage+10.82%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $29.22 | — | $33.13 | $528.33M | $599.03M | +13.38% | 27.20% | +3.6 bps | 1 |
| GOOG | 3,044,000 | $135.43 | — | $147.14 | $412.25M | $447.89M | +8.65% | 22.05% | +1.9 bps | 1 |
| GOOGL | 2,543,300 | $133.62 | — | $145.94 | $339.84M | $371.17M | +9.22% | 18.29% | +1.7 bps | 1 |
| BRK-B | 897,749 | $354.25 | — | $398.68 | $318.03M | $357.91M | +12.54% | 17.28% | +2.2 bps | 1 |
| EWBC | 2,776,351 | $60.24 | — | $71.56 | $167.25M | $198.68M | +18.79% | 8.04% | +1.5 bps | 1 |
| AAPL | 759,600 | $187.44 | — | $184.15 | $142.38M | $139.88M | -1.76% | 7.15% | -0.1 bps | 1 |
| Top 5 (by entry value)(5) | $1.77B | $1.97B | +11.84% | |||||||
| Total(6) | $1.91B | $2.11B | +10.82% | |||||||
2023-08-14 → 2023-11-14
6 of 6 priced100.00% coverage-0.15%Holdings from Q2 2023 disclosure · accession 0001709323-23-000005 — these holdings should be identical to the manager's portfolio view for that quarter.
2023-08-14 → 2023-11-14
6 of 6 priced100.00% coverage-0.15%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $30.93 | — | $29.22 | $559.25M | $528.33M | -5.53% | 28.96% | -1.6 bps | 1 |
| GOOG | 3,044,000 | $131.83 | — | $135.43 | $401.29M | $412.25M | +2.73% | 20.56% | +0.6 bps | 1 |
| BRK-B | 897,749 | $358.48 | — | $354.25 | $321.83M | $318.03M | -1.18% | 17.09% | -0.2 bps | 1 |
| GOOGL | 2,543,300 | $131.33 | — | $133.62 | $334.01M | $339.84M | +1.74% | 16.99% | +0.3 bps | 1 |
| AAPL | 759,600 | $179.46 | — | $187.44 | $136.32M | $142.38M | +4.45% | 8.22% | +0.4 bps | 1 |
| EWBC | 2,776,351 | $56.99 | — | $60.24 | $158.22M | $167.25M | +5.70% | 8.18% | +0.5 bps | 1 |
| Top 5 (by entry value)(5) | $1.77B | $1.77B | -0.50% | |||||||
| Total(6) | $1.91B | $1.91B | -0.15% | |||||||
2023-05-16 → 2023-08-14
7 of 7 priced100.00% coverage+10.47%Holdings from Q1 2023 disclosure · accession 0001709323-23-000004 — these holdings should be identical to the manager's portfolio view for that quarter.
2023-05-16 → 2023-08-14
7 of 7 priced100.00% coverage+10.47%
| Ticker | Entry shares | Entry $ | Split | Exit $ | Entry value | Exit value | Return | Weight | Contribution | Valid |
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 18,081,133 | $27.36 | — | $30.93 | $494.7M | $559.25M | +13.05% | 25.36% | +3.3 bps | 1 |
| MU | 6,826,079 | $63.73 | — | $68.28 | $435.03M | $466.08M | +7.14% | 20.20% | +1.4 bps | 1 |
| GOOG | 3,044,000 | $120.09 | — | $131.83 | $365.55M | $401.29M | +9.78% | 15.52% | +1.5 bps | 1 |
| BRK-B | 897,749 | $323.75 | — | $358.48 | $290.65M | $321.83M | +10.73% | 13.59% | +1.5 bps | 1 |
| GOOGL | 2,543,300 | $119.51 | — | $131.33 | $303.95M | $334.01M | +9.89% | 12.94% | +1.3 bps | 1 |
| EWBC | 2,296,300 | $46.32 | — | $56.99 | $106.36M | $130.87M | +23.04% | 6.25% | +1.4 bps | 1 |
| AAPL | 759,600 | $172.07 | — | $179.46 | $130.7M | $136.32M | +4.29% | 6.14% | +0.3 bps | 1 |
| Top 5 (by entry value)(5) | $1.89B | $2.08B | +10.19% | |||||||
| Total(7) | $2.13B | $2.35B | +10.47% | |||||||