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H&H International

Q3 2021 13F · by Duan Yongping, founder

As of
Sep 30, 2021
Filed
Nov 15, 2021
US stock
$7.8B · prev $7.9B
Positions
11 · prev 10
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%

Moves7 since the prior filing

The book

Very concentrated · behaves like 2 equal-sized positions

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

Low turnover · 20% a year, about 5.0 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions98% of US stock

  1. AAPL Apple Inc. trimmed−3.90 pp trimmed−3.9064.3%
  2. BRK.B BERKSHIRE HATHAWAY Class B added+1.24 pp added+1.2426.3%
  3. BABA Alibaba Group Holding Limited added+1.32 pp added+1.324.6%
  4. DIS The Walt Disney Company held held1.8%
  5. BAC Bank of America Corporation added+0.56 pp added+0.560.8%

Positions11 in this filing · 0 exited

AAPLApple Inc.64.31%35,312,400$5.0Btrimmed−10%−3.90 pp12 q
BRK.BBERKSHIRE HATHAWAY Class B26.34%7,498,661$2.0Badded+5%+1.24 pp12 q
BABAAlibaba Group Holding Limited4.64%2,437,100$361Madded×2.1+1.32 pp2 q
DISThe Walt Disney Company1.82%837,000$142Mheld—7 q
BACBank of America Corporation0.85%1,552,500$66Madded×2.8+0.56 pp7 q
ZMZoom Communications, Inc. Class A0.71%209,800$55Mnew+0.71 ppnew
XOMExxon Mobil Corp0.68%899,700$53Mheld—10 q
GOOGAlphabet Inc. Class C0.34%10,000$27Mheld—12 q
JOYYJOYY Inc.0.21%302,500$17Madded×2.7+0.12 pp4 q
WFCWells Fargo & Co.0.08%136,000$6Mheld—10 q
GOTUGaotu Techedu Inc.0.01%152,400$468,000added×2.90.00 pp2 q

Source

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