Li Lu's Top Holdings in March 2026: A Deep Dive into Himalaya Capital Management Portfolio
An analysis of Li Lu's top holdings as of March 31, 2026, showcasing significant allocations to Alphabet Inc. (GOOGL/GOOG), Bank of America (BAC), and emerging positions like Tencent Music (TME).
As of March 31, 2026, Himalaya Capital Management, the investment firm led by Li Lu, held a substantial portfolio valued at approximately $3.2 billion. This analysis focuses on the top holdings that constitute a significant portion of this portfolio, reflecting Li Lu's strategic investment approach.
At the core of Li Lu's portfolio are holdings in Alphabet Inc., represented by both its Class A (GOOGL) and Class C (GOOG) common stock. The firm holds a total of 2,543,300 shares of GOOGL, valued at $7.31 billion, representing approximately 22.85% of the total portfolio. This position saw an increase of 92,000 shares (3.75%) from the previous period. Complementing this, Li Lu holds 2,451,300 shares of GOOG, valued at $703.18 million, accounting for about 21.97% of the portfolio. Notably, the holdings in GOOG decreased by 92,000 shares (-3.62%) during the same period.
Bank of America (BAC) is another significant holding, with Li Lu owning 2,997,987 shares valued at $146.15 million, or 4.57% of the portfolio. This position experienced a substantial reduction, with shares decreasing by 7,433,400 (71.26%) from the prior period.
The investor also maintains a considerable position in Crocs Inc. (CROX), holding 887,093 shares valued at $73.65 million, representing 2.30% of the portfolio. This stake has grown significantly, with shares increasing by 258,934 (41.22%) compared to the previous period.
Among the other top holdings, Tencent Music Entertainment Group (TME) stands out with a 1.91% allocation. Li Lu holds 6,590,836 shares valued at $61.16 million. This position represents a fresh addition or a substantial increase, as the share count grew by 6,590,836 (100.0%) from the prior period.
Other notable positions include S&P Global Inc. (SPGI) at 1.61% ($51.66 million), Block Holdings & Co. Inc. (HRB) at 1.61% ($51.64 million), Moody's Corporation (MCO) at 1.61% ($51.38 million), and MSCI Inc. (MSCI) at 0.32% ($10.21 million). All of these last four holdings show a 100% increase in shares from the previous period.
For more detailed information on Li Lu's investment activities, you can visit his profile on Insiderset: https://www.insiderset.com/investor/li-lu-himalaya-capital-management. Detailed data on each stock, including the companies held, can be found at: GOOGL, GOOG, BAC, CROX, TME, SPGI, HRB, MCO, and MSCI.