Himalaya Capital Management LLC
Himalaya Capital Management LLC is an SEC-registered investment adviser headquartered in Seattle, Washington. The firm, founded by Li Lu, manages assets primarily for institutional clients and high-net-worth investors. Himalaya Capital is especially known for its deep value, long-term investment approach, inspired by the teachings of Benjamin Graham and Warren Buffett. The firm focuses on concentrated portfolios in public equities, with particular expertise in U.S. and global markets. Himalaya Capital has kept its team lean and specialized, and the firm is widely recognized for its highly disciplined investment process and strong performance track record.
Investment Strategy
Himalaya Capital Management pursues a value-oriented, long-term investment strategy, focusing on building concentrated positions in high-quality businesses at attractive valuations. The firm emphasizes businesses with durable competitive advantages, exemplary management teams, and significant growth prospects, particularly in the technology, financial, and consumer sectors. Himalaya Capital’s philosophy is rooted in principles of intrinsic value, margin of safety, and patient compounding. Investments are made with a multi-year horizon, and the firm actively seeks opportunities both in the United States and internationally, including emerging markets.
Top Holdings
Equity Positions (9)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BAC | BK OF AMERICA CORP | 18.36% | $493.6M | 10,431,387 | $25.52 | $47.32 | -$84.2M |
P PDD | PDD HOLDINGS INC | 17.93% | $482.3M | 4,608,000 | $104.66 | $104.66 | +$482.3M |
G GOOGL | ALPHABET INC | 16.67% | $448.2M | 2,543,300 | $95.96 | $176.23 | +$54.9M |
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 16.22% | $436.1M | 897,749 | $272.94 | $485.77 | -$42.0M |
G GOOG | ALPHABET INC | 16.17% | $434.8M | 2,451,300 | $87.53 | $177.39 | +$51.9M |