Himalaya Capital 13F, Q3 2025
Li Lu · quarter ending 30 September 2025 · filed 12 November 2025 · SEC CIK 1709323
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | $618.28M | 19.1% | unchanged |
| PDD HOLDINGS INC | PDD | $609.04M | 18.9% | unchanged |
| ALPHABET INC | GOOG | $597.01M | 18.5% | unchanged |
| BK OF AMERICA CORP | BAC | $538.16M | 16.7% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $451.33M | 14.0% | unchanged |
| EAST WEST BANCORP INC | EWBC | $295.54M | 9.2% | unchanged |
| OCCIDENTAL PETE CORP | OXY | $69.29M | 2.1% | unchanged |
| APPLE INC | AAPL | $28.16M | 0.9% | unchanged |
| SABLE OFFSHORE CORP | SOC | $23.45M | 0.7% | unchanged |
What changed since Q2 2025
Against the Q2 2025 filing, Himalaya Capital opened 0 new positions, added to 0, trimmed 0, left 9 unchanged and exited 0. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
No new positions this quarter.
Exited
Nothing from the previous filing was sold outright.
Added to
No position was increased by more than 2%.
Trimmed
No position was cut by more than 2%.
Other quarters
Source: SEC Form 13F-HR, accession 0002043585-25-000015, filed by Himalaya Capital Management LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.