Li Lu · quarter digest

What Li Lu did in Q3 2025

Himalaya Capital filed 3 moves in Q3 2025: 0 new, 2 add, 1 trim, 0 exit.

13F filed 2025-11-14. Manager quality score: q8. Philosophy: Long-term value, China expertise, Charlie Munger's protégé.

Adds · 2

Adding to conviction

ADD +10%·27.4% book·+1

“Doubling down on 15-yr BAC.”

TRIM -12%·9.7% book·+25

“Took some Alibaba profits.”

Current top holdings

#	Ticker	Weight	Conviction
1	BAC Bank of America	27.4%	+1
2	GOOG Alphabet	17.1%	−1
3	BRK.B Berkshire Hathaway	16.2%	−5
4	META Meta Platforms	11.8%	+3
5	BABA Alibaba	9.7%	+25

Other quarters for Li Lu

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.