Li Lu – Himalaya Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Himalaya Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys – PDD Holdings Inc.

Increases –

None reported

Reductions – Bank of America Corporation

Complete Exits –

None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-3,415,246	-24.7%	$493.61M	10,431,387
Q2 2025	PDD PDD Holdings Inc.	PDD Holdings Inc.	Buy - Position Entry	+4,608,000	-	$482.27M	4,608,000
Q1 2025	AAPL Apple Inc.	Apple Inc.	Sell	-207,100	-65.2%	$24.57M	110,600
Q1 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-4,234,500	-23.4%	$577.82M	13,846,633
Q1 2025	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-592,700	-19.5%	$382.97M	2,451,300
Q3 2024	AAPL Apple Inc.	Apple Inc.	Sell	-441,900	-58.2%	$74.02M	317,700
Q3 2024	SOC Sable Offshore Corp.	Sable Offshore Corp.	Buy - Position Entry	+1,343,000	-	$31.74M	1,343,000
Q2 2024	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Buy - Position Entry	+1,466,500	-	$92.43M	1,466,500
Q2 2023	EWBC East West Bancorp, Inc.	East West Bancorp, Inc.	Buy	+480,051	+20.9%	$146.56K	2,776,351
Q2 2023	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell - Position Exit	-6,826,079	-100.0%	$0.00	-
Q1 2023	BAC Bank of America Corporation	Bank of America Corporation	Buy	+3,494,146	+24.0%	$517.12K	18,081,133
Q1 2023	EWBC East West Bancorp, Inc.	East West Bancorp, Inc.	Buy - Position Entry	+2,296,300	-	$127.44K	2,296,300
Q1 2023	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-4,650,444	-40.5%	$411.89K	6,826,079
Q4 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+1,595,300	+168.3%	$224.40K	2,543,300
Q3 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+2,891,800	+1900.0%	$292.68K	3,044,000
Q3 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+900,600	+1900.0%	$90.68K	948,000
Q2 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+66,300	+77.2%	$332.93K	152,200
Q2 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+47,400	-	$103.30K	47,400
Q2 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell - Position Exit	-876,200	-100.0%	$0.00	-
Q4 2021	BAC Bank of America Corporation	Bank of America Corporation	Buy	+2,228,000	+18.0%	$648.98K	14,586,987
Q4 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+303,600	+53.0%	$294.71K	876,200
Q4 2021	PDD PDD Holdings Inc.	PDD Holdings Inc.	Sell - Position Exit	-363,165	-100.0%	$0.00	-
Q3 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy - Position Entry	+897,749	-	$245.03K	897,749
Q1 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-387,700	-40.4%	$168.65K	572,600
Q4 2020	AAPL Apple Inc.	Apple Inc.	Buy - Position Entry	+759,600	-	$100.79K	759,600
Q4 2020	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-370,700	-27.9%	$262.32K	960,300
Q4 2020	PDD PDD Holdings Inc.	PDD Holdings Inc.	Buy - Position Entry	+363,165	-	$64.52K	363,165
Q3 2020	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+722,100	+118.6%	$348.59K	1,331,000
Q3 2020	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+1,567,100	+15.8%	$538.94K	11,476,523
Q2 2020	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-175,000	-100.0%	$0.00	-