Himalaya Capital

Q4 2021 13F · by Li Lu, portfolio manager

As of: Dec 31, 2021
Filed: Feb 14, 2022
US stock: $2.7B · prev $2.1B
Positions: 6 · prev 7
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

+1.9 pp in · −1.5 pp out

New 0 0.00 pp
Added 2 +1.95 pp
Trimmed 0 0.00 pp
Exited 1 −1.53 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 4.9% a year, about 20.2 years per position

Low
Moderate
High

Top 5 positions95% of US stock

MU Micron Technology, Inc. held held40.1%
BAC Bank of America Corporation added−0.06 pp added−0.0624.4%
META Meta Platforms, Inc. Class A added+2.01 pp added+2.0111.1%
BRK.B BERKSHIRE HATHAWAY Class B held held10.1%
GOOG Alphabet Inc. Class C held held9.3%

Positions6 in this filing · 1 exited


MUMicron Technology, Inc.	40.12%	11,476,523	$1.1B	held	—	9 q
BACBank of America Corporation	24.36%	14,586,987	$649M	added+18%	−0.06 pp	8 q
METAMeta Platforms, Inc. Class A	11.06%	876,200	$295M	added+53%	+2.01 pp	7 q
BRK.BBERKSHIRE HATHAWAY Class B	10.07%	897,749	$268M	held	—	2 q
GOOGAlphabet Inc. Class C	9.33%	85,900	$249M	held	—	7 q
AAPLApple Inc.	5.06%	759,600	$135M	held	—	5 q
PDDPDD Holdings Inc.	—	−363,165	—	exited	−1.53 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001709323-22-000001
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet