Li Lu runs Himalaya Capital Management LLC. Buffett's own pick as someone who thinks exactly like him. Tiny portfolio, enormous conviction, extremely rare trades. As of the Q2 2026 13F filing, the disclosed long-equity portfolio is valued at $3.7B across 7 positions. The largest holdings are ALPHABET INC, PDD HOLDINGS INC, and BERKSHIRE HATHAWAY INC DEL (ALPHABET INC alone is 47.9% of the book).

Recently exited names: BK OF AMERICA CORP, BLOCK H & R INC, and MOODYS CORP.

Li Lu runs Himalaya Capital Management LLC. Buffett's own pick as someone who thinks exactly like him. Tiny portfolio, enormous conviction, extremely rare trades. As of the Q2 2026 13F filing, the disclosed long-equity portfolio is valued at $3.7B across 7 positions. The largest holdings are ALPHABET INC, PDD HOLDINGS INC, and BERKSHIRE HATHAWAY INC DEL (ALPHABET INC alone is 47.9% of the book).

Recently exited names: BK OF AMERICA CORP, BLOCK H & R INC, and MOODYS CORP.