L

Li Lu

Hedge fund

Founder of Himalaya Capital Management. Close associate of Charlie Munger.

Li Lu runs Himalaya Capital Management LLC, a concentrated book of 8 stocks worth $3.7B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). Their largest long position is Alphabet Inc-CL A at 25% of the equity book.

Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Opened
0
bought for the first time
no new positions
Added to
2
already held, bought more
Trimmed
0
sold some, still holds it
no trims
Sold out
6
exited the position entirely

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Concentration

Top-heavy: concentrated book

Top 5 holdings
95%
Top 10 holdings
100%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Information Technology
49%
Financials
25%
Industrials
22%
Materials
3%
Communication Services
1%

+2 sectors below the cut, under 0.5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Top holdings

8 companies · Q2 2026 · click a row for its quarter-by-quarter history

Top 14
#Stock% of bookValueSharesLast moveHistory
1Alphabet Inc-CL AGOOGL
24.5%
$908.9M2.5M
Held
2Alphabet Inc-CL CGOOG
23.4%
$866.1M2.5M
Held
3PDD Holdings IncPDD
22.2%
$820.9M10.8M
+134%
Added · +6.2M sh
4Berkshire Hathaway Inc-CL BBRK/B
15.0%
$554.6M1.1M
+23%
Added · +211K sh
5East West Bancorp IncEWBC
9.7%
$358.4M2.8M
Held
6Crocs IncCROX
2.9%
$107.0M887K
Held
7Tencent Music Entertainm-ADRTME
1.5%
$55.0M6.6M
Held
8Apple IncAAPL
0.9%
$32.0M111K
Held
9H&R Block IncHRB
0.0%
$0
−100%
Exited
10Occidental Petroleum CorpOXY
0.0%
$0
−100%
Exited
11S&P Global IncSPGI
0.0%
$0
−100%
Exited
12Moody's CorpMCO
0.0%
$0
−100%
Exited
13Bank Of America CorpBAC
0.0%
$0
−100%
Exited
14Msci IncMSCI
0.0%
$0
−100%
Exited

Funds

1 vehicle

Fund
Long book
Build

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Aggregated from SEC Form 13F filings (institutional long equity positions, reported quarterly, up to 45 days after quarter-end). Holdings are public domain, sourced to SEC EDGAR. The book totals, weighting, concentration and sectors are long equity only; disclosed put/call options are listed separately and excluded from those figures. Price-derived performance is withheld until the price-source policy and freshness gate are green. Every panel is one call to the Arkolith API & MCP server.