Duan Yongping Portfolio Update: Significant Shifts in Tech & Consumer Stocks as of June 2026

As of the period ending June 30, 2026, Duan Yongping's portfolio through H&H International Investment (tracked via his filing) showed notable activity across several sectors. The overall portfolio value stood at $19.1 billion, reflecting the changes observed during this quarter.

Major Purchases Observed

The most significant purchase identified in these holdings is for PDD Holdings Inc. (PDD). The position saw a substantial increase of 5,273,800 shares, representing a nearly 27 million share jump from the previous period and boosting its portfolio allocation percentage to almost 10% ($19.1 billion). This suggests strong confidence in this Consumer Cyclical stock.

Significant Reductions Across Key Tech Stocks

Duan Yongping reduced his positions significantly across several major Technology holdings during the second quarter of 2026:

• Apple Inc. (AAPL): Shares decreased by over 18 million, a reduction of approximately 6.38%. This was one of the largest selling moves in his portfolio.
• NVIDIA Corporation (NVDA): Shares dropped by nearly 7.5 million, a reduction of over 54%. This was the most drastic decrease in terms of percentage change.
• Alphabet Inc. (GOOG): Shares decreased by nearly 1.7 million, a reduction of approximately 46.88%. This also represents substantial selling activity.
• Microsoft Corporation (MSFT): Shares fell by over 260,900, a reduction of about 25.78%. This indicates significant selling pressure.

  Other Notable Changes

  In the Healthcare sector, UnitedHealth Group Inc. (UNH) also experienced a reduction in his position, with shares decreasing by nearly 201,800 and value dropping approximately 33.56%. Conversely, Walt Disney Co. (DIS), another Communication Services stock, showed an increase of over 194,800 shares, a rise of about 12.89%, though its overall portfolio allocation remains small.

  Stable Positions and Unknown Holdings

  The position in OXY Occidental Petroleum Corp. (OXY) remained unchanged from the previous period, maintaining its portfolio allocation percentage at 0.87%. Similarly, his stake in Credo Technology Group Holding Inc. (G25457105) decreased slightly by just under 6% ($6,669.34 worth), but this change was relatively minor compared to the overall shifts.

  Overall Portfolio Indicators

  The portfolio now holds 18 distinct positions (holding count). The top five holdings by weight accounted for approximately 89.3% of the total value, indicating a concentrated approach despite some changes in specific stocks (top5_weight_pct). There are six distinct sectors represented (sector_count), including one position with an unknown sector. This quarter saw 11 holdings change in terms of the number of shares, reflecting significant turnover (position_change_count). Notably, there were no large purchases disclosed ($50 million or more), but substantial selling activity was present. The significant sell symbols noted in the filing include NVDA and BABA.