Himalaya Capital Management LLC
Long book
$3.20B
Q1 2026
Positions
14
Top-10 weight
96%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
36%
of book per quarter
Strategy in plain words
auto-generated from filingsHimalaya Capital Management LLC is a high-conviction value investor, running a $3.20B US long book across 14 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL A, ALPHABET INC-CL C, PDD HOLDINGS INC, BERKSHIRE HATHAWAY INC-CL B, EAST WEST BANCORP INC.
Over the last 9 quarters its long book ran on average 1.8pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+9.6%
Q2 2024
-0.4%
Q3 2024
+10.0%
Q4 2024
-6.5%
Q1 2025
+7.4%
Q2 2025
+20.4%
Q3 2025
+9.4%
Q4 2025
-6.9%
Q1 2026
+13.4%
Sector allocation
Technology 55%
Financials 33%
Services media 6%
Energy 4%
Other 3%
Long book by quarter
What does Himalaya Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 2.5M | $731.4M | 22.8% | Held |
| GOOG ALPHABET INC-CL C | Technology | 2.5M | $703.2M | 22.0% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 897.7K | $430.2M | 13.4% | Held |
| EWBC EAST WEST BANCORP INC | Financials | 2.8M | $296.4M | 9.3% | Held |
| BAC BANK OF AMERICA CORP | Financials | 3.0M | $146.2M | 4.6% | -71.3% |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 1.5M | $95.3M | 3.0% | Held |
| CROX CROCS INC | Other | 887.1K | $73.6M | 2.3% | +41.2% |
| SPGI S&P GLOBAL INC | Services media | 121.5K | $51.7M | 1.6% | New |
| HRB H&R BLOCK INC | Services media | 1.6M | $51.6M | 1.6% | New |
| MCO MOODY'S CORP | Services media | 117.8K | $51.4M | 1.6% | New |
| AAPL APPLE INC | Technology | 110.6K | $28.1M | 0.9% | Held |
| MSCI MSCI INC | Services media | 18.9K | $10.2M | 0.3% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 14 | $3.20B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Feb 19, 2026 | 9 | $3.57B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 9 | $3.57B | SEC ↗ | |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 9 | $3.23B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 9 | $2.69B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 8 | $2.21B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 8 | $2.71B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 8 | $2.47B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 7 | $2.56B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 6 | $2.26B | $K fixed canonical | SEC ↗ |