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H&H International

Q2 2019 13F · by Duan Yongping, founder

As of
Jun 30, 2019
Filed
Jul 11, 2019
US stock
$1.5B · prev $1.1B
Positions
12 · prev 9
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves9 since the prior filing

The book

Very concentrated · behaves like 3 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 3.5% a year, about 28.4 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions96% of US stock

  1. AAPL Apple Inc. added−2.55 pp added−2.5554.1%
  2. BRK.B BERKSHIRE HATHAWAY Class B trimmed−4.03 pp trimmed−4.0313.1%
  3. GOOG Alphabet Inc. Class C added+4.29 pp added+4.2912.7%
  4. META Meta Platforms, Inc. Class A held held12.1%
  5. AMZN Amazon.Com Inc added+0.72 pp added+0.723.9%

Positions12 in this filing · 0 exited

AAPLApple Inc.54.07%3,877,900$785Madded+17%−2.55 pp3 q
BRK.BBERKSHIRE HATHAWAY Class B13.06%890,000$190Mtrimmed−6%−4.03 pp3 q
GOOGAlphabet Inc. Class C12.70%170,600$184Madded×2.1+4.29 pp3 q
METAMeta Platforms, Inc. Class A12.07%908,400$175Mheld—3 q
AMZNAmazon.Com Inc3.91%30,000$57Madded+50%+0.72 pp3 q
XOMExxon Mobil Corp1.37%260,000$20Mnew+1.37 ppnew
BACBank of America Corporation1.14%570,900$17Mnew+1.14 ppnew
WFCWells Fargo & Co.0.75%229,900$11Mnew+0.75 ppnew
PDDPDD Holdings Inc.0.66%467,767$10Madded+26%−0.16 pp3 q
unresolvedGeneral Electric Co0.14%200,000$2Mheld—3 q
SOGOSogou Inc.0.07%240,000$984,000added×2.2+0.01 pp3 q
SBUXStarbucks Corp0.06%10,000$838,000held—2 q

Source

Form
13F-HR
Reading
0 defects · 1 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet