Duan Yongping, a well-known investor, recently unveiled his significant holdings managed under an investment account in the United States named "H&H International Investment." The latest data submitted by H&H reveals that the portfolio value reached $16.541 billion, around 119.6 billion yuan, by the end of the third quarter, spanning across eight U.S. stocks.
Apple (AAPL, Financial) remains Duan Yongping's top holding, accounting for 74.33% of the portfolio with a market value of $12.295 billion. H&H also holds $1.741 billion in Berkshire Hathaway B shares, representing 10.52% of the portfolio. In comparison to the second quarter, H&H reduced its holdings in Apple (AAPL), Berkshire Hathaway B, Alibaba, and Moderna, while increasing stakes in Alphabet C, Pinduoduo, and Occidental Petroleum. The holdings in Disney remained unchanged, and Bank of America was fully divested.
Duan Yongping, often dubbed as China's Warren Buffett (Trades, Portfolio), aligned with Buffett's strategy by reducing positions in Apple and Bank of America in the third quarter. H&H held only 107,900 shares of Bank of America at the end of the second quarter, which were completely sold off in the third quarter.
Duan has shared on social media that his investment focus primarily lies in Apple for U.S. stocks, Moutai for A-shares, and Tencent for Hong Kong stocks. Notably, Tencent's recent financial report disclosed that Duan recommitted to investing by purchasing some Tencent shares, viewing the financial results as expected and strategically selling put options.
Also check out:
