Li Lu
Himalaya Capital · Founder · Net worth: ~$1B
Tiananmen Square protest leader turned fund manager. Charlie Munger called him 'the Asian Warren Buffett.'
Li's portfolio concentration: top-1, top-5, top-10
Concentrated
GOOGLTop-5 zoneTop-10Li's single largest bet is GOOGL at 23.2% of tracked positions. Top 5 names carry 84% of the weight — a focused approach without single-stock dominance.
Li Lu's recent 13F moves: buys, adds, trims, and exits
Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.
| Ticker | Activity | % portfolio |
|---|---|---|
| TME | Buy (new) | 1.90% |
| MCO | Buy (new) | 1.60% |
| MSCI | Buy (new) | 0.30% |
| CROCS | Add 41% | 2.30% |
| BAC | Reduce 71% | 4.60% |
| Ticker | Activity | % portfolio |
|---|---|---|
| CROCS | Buy (new) | 1.50% |
| META | Add 15% Adding to the compounder. | 12.80% |
| BAC | Add 12% Doubling down further on BAC. | 28.60% |
Li's sector breakdown
How the top 10 positions are diversified across 4 sectors. Weighted by stated portfolio percentage.
How Lu is sized + moving
Every position classified by both portfolio weight (size bucket) and recent move activity (trend bucket). A 22% Apple position building +5% this quarter signals different intent than a 1% starter trimmed in half. Descriptive analysis of 13F filings — not recommendation.
| Position | % portfolio | Trend |
|---|---|---|
| GOOGL ALPHABET INC | 23.2% | → steady |
| GOOG ALPHABET INC | 22.3% | ↓ trimming |
| PDD PDD HOLDINGS INC | 14.9% | ★ new |
| BRK.B BERKSHIRE HATHAWAY INC DEL | 13.7% | → steady |
| EWBC EAST WEST BANCORP INC | 9.4% | → steady |
| BAC BK OF AMERICA CORP | 4.6% | ↓ trimming |
| OXY OCCIDENTAL PETE CORP | 3.0% | → steady |
| CROCS CROCS INC | 2.3% | ↑ building |
| TME TENCENT MUSIC ENTMT GROUP | 1.9% | ★ new |
| MCO MOODYS CORP | 1.6% | ★ new |
| AAPL APPLE INC | 0.9% | ↓ trimming |
| MSCI MSCI INC | 0.3% | ★ new |
How to read: Size bucket from current 13F-filed portfolio weight. Trend bucket from the last 2 quarters of move activity (net delta >5% in either direction = building/trimming; new = first-appearance this quarter; exit pending = trimmed >50% last quarter). Data lag: SEC 13F filings are reported 45 days after quarter-end. This is descriptive intelligence — not investment advice.
What drives the ConvictionScore on Lu's top positions
The HoldLens ConvictionScore combines 9 factors. This table shows the per-position breakdown — exactly which factors contribute and by how much for each of Lu's top 8 holdings. Hover any header for factor definition. Empty cells (·) = neutral (no contribution).
| Ticker | % port | Score | Smart $ | Insider | Track | Streak | Conc | Contra | Event | Dissent | Crowd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOGL | 23.2 | 0 | +21 | -2 | -2 | +1 | +4 | · | · | +48 | +2 |
| GOOG | 22.3 | 0 | +14 | · | -6 | +5 | +6 | +6 | · | +25 | · |
| PDD | 14.9 | 0 | +8 | · | -4 | · | +9 | · | · | +29 | · |
| BRK.B | 13.7 | 0 | +2 | · | -2 | +1 | +4 | · | · | +10 | · |
| EWBC | 9.4 | 0 | +1 | · | -6 | · | · | · | · | · | · |
| BAC | 4.6 | 0 | +7 | +4 | -3 | +10 | +10 | · | · | +27 | · |
| OXY | 3.0 | 0 | +7 | +2 | +2 | +10 | +8 | · | · | +7 | · |
| CROCS | 2.3 | 0 | +4 | · | -4 | · | +1 | · | · | +2 | · |
Factor definitions →
- Smart $
- Manager quality × consensus (0–30)
- Insider
- Form 4 net buy/sell (-15..+20)
- Track
- Buyer 10y CAGR × concentration (-10..+20)
- Streak
- Multi-quarter compounding (0–10)
- Conc
- Biggest position size as conviction (0–10)
- Contra
- Under-the-radar bonus (0–10)
- Event
- 8-K events last 90d (-15..+5)
- Dissent
- Sells subtract, weighted ×1.6 (0–60)
- Crowd
- Too many owners = priced in (0–10)
Factors are summed (positive add, penalties subtract), then clamped to the -100/+100 range. Each factor has a maximum contribution shown in parentheses next to its name. Read positive cells as bullish contributions, negative as bearish. See /learn/conviction-score-explained for the full methodology. ConvictionScore is descriptive synthesis of public filings — not investment advice.
Who else holds what Lu holds
Top 6 highest-conviction overlap pairs containing Li Lu. Each page is the full intersection of two 13F-filed portfolios.
- vs Warren Buffett6 shared positions · 104% joint convictionTop: GOOGL, AAPL, GOOG, BAC
- vs Joel Greenblatt10 shared positions · 99% joint convictionTop: GOOGL, GOOG, PDD, BRK.B
- vs François Rochon4 shared positions · 77% joint convictionTop: GOOG, GOOGL, BRK.B, AAPL
- vs Chris Hohn3 shared positions · 71% joint convictionTop: GOOG, GOOGL, MCO
- vs Tom Slater7 shared positions · 71% joint convictionTop: GOOGL, GOOG, PDD, TME
- vs Polen Capital3 shared positions · 55% joint convictionTop: GOOG, GOOGL, MSCI
Li Lu's top 10 disclosed holdings (Q1 2026)
| Ticker | Company | % Portfolio |
|---|---|---|
| GOOGL | ALPHABET INC | 23.2% |
 GOOG | ALPHABET INC Quality compounder + AI optionality. | 22.3% |
 PDD | PDD HOLDINGS INC | 14.9% |
 BRK.B | BERKSHIRE HATHAWAY INC DEL Following the master. | 13.7% |
 EWBC | EAST WEST BANCORP INC | 9.4% |
 BAC | BK OF AMERICA CORP 15-year holding. Deep conviction in US banking franchise. | 4.6% |
 OXY | OCCIDENTAL PETE CORP | 3.0% |
 CROCS | CROCS INC | 2.3% |
 TME | TENCENT MUSIC ENTMT GROUP | 1.9% |
 MCO | MOODYS CORP | 1.6% |
Estimate your withholding on cross-border dividends
Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.
Want Li move-alerts?
One email per 13F filing. Summarizes every new position, exit, and trim.
Investors with portfolios similar to Li Lu
Tracked managers whose top positions overlap with Li's portfolio.
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<iframe src="https://holdlens.com/embed/investor/li-lu/" width="600" height="360" frameborder="0" loading="lazy" title="Li Lu portfolio — HoldLens"></iframe>What Li Lu did, quarter by quarter
Full move-by-move breakdown for each of the last 8 filed quarters.
Frequently asked questions
Who is Li Lu?
Li Lu runs Himalaya Capital as founder. Tiananmen Square protest leader turned fund manager. Charlie Munger called him 'the Asian Warren Buffett.'
What fund does Li Lu run?
Li Lu is founder of Himalaya Capital. Himalaya Capital files SEC Form 13F-HR quarterly with the latest disclosure dated 2026-05-15 (Q1 2026). Full holdings, share counts, dollar values, and quarter-over-quarter changes are listed below.
What does Li Lu invest in?
Li Lu's Himalaya Capital portfolio is disclosed quarterly via SEC Form 13F-HR. Each position below shows the ticker, share count, dollar value, percentage of portfolio, and quarter-over-quarter change. Data is sourced directly from SEC filings (public-domain regulatory disclosure).
What is Li Lu's investment philosophy?
Li Lu's stated investment philosophy: "Long-term value, China expertise, Charlie Munger's protégé.". Li Lu has been founder of Himalaya Capital; estimated net worth ~$1B.
What is Li Lu's net worth?
Li Lu's estimated net worth is ~$1B. Li Lu runs Himalaya Capital as founder; full 13F holdings disclosed quarterly with the SEC are listed below.
Data sourced from Himalaya Capital 13F filings with the SEC. Approximate snapshot. Not investment advice.
Sister property: SecFilingDex — the encyclopedic reference for Form 13F (HR / NT / HR/A variants) and the regulatory citation behind every position shown above.