Himalaya Capital

Q4 2020 13F · by Li Lu, portfolio manager

As of: Dec 31, 2020
Filed: Feb 15, 2021
US stock: $1.8B · prev $1.3B
Positions: 6 · prev 4
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%

Moves3 since the prior filing

+9.1 pp in · −12.1 pp out

New 2 +9.10 pp
Added 0 0.00 pp
Trimmed 1 −12.13 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 3 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 22% a year, about 4.5 years per position

Low
Moderate
High

Top 5 positions96% of US stock

MU Micron Technology, Inc. held held47.5%
BAC Bank of America Corporation held held20.6%
META Meta Platforms, Inc. Class A trimmed−12.13 pp trimmed−12.1314.4%
GOOG Alphabet Inc. Class C held held8.3%
AAPL Apple Inc. new+5.55 pp new+5.555.5%

Positions6 in this filing · 0 exited


MUMicron Technology, Inc.	47.52%	11,476,523	$863M	held	—	5 q
BACBank of America Corporation	20.63%	12,358,987	$375M	held	—	4 q
METAMeta Platforms, Inc. Class A	14.45%	960,300	$262M	trimmed−28%	−12.13 pp	3 q
GOOGAlphabet Inc. Class C	8.29%	85,900	$150M	held	—	3 q
AAPLApple Inc.	5.55%	759,600	$101M	new	+5.55 pp	new
PDDPDD Holdings Inc.	3.55%	363,165	$65M	new	+3.55 pp	new

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001709323-21-000001
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet