H&H International

Q3 2022 13F · by Duan Yongping, founder

Picture100.0% US stock

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

+3.4 pp in · −3.1 pp out

Very concentrated · behaves like 2 equal-sized positions

Low turnover · 3.1% a year, more than 30 years per position


AAPLApple Inc.	72.73%	49,758,100	$6.9B	added+17%	+5.18 pp	16 q
BRK.BBERKSHIRE HATHAWAY Class B	18.33%	6,489,261	$1.7B	trimmed−4%	−3.14 pp	16 q
GOOGAlphabet Inc. Class C	5.11%	5,020,200	$483M	added+14%	−0.49 pp	16 q
BABAAlibaba Group Holding Limited	2.47%	2,916,500	$233M	added+4%	−1.25 pp	6 q
DISThe Walt Disney Company	0.92%	926,800	$87M	held	—	11 q
MRNAModerna, Inc.	0.20%	160,000	$19M	held	—	4 q
ZMZoom Communications, Inc. Class A	0.16%	209,800	$15M	held	—	5 q
JOYYJOYY Inc.	0.08%	302,500	$8M	held	—	8 q