Duan Yongping increased his holdings in Pinduoduo in Q2 and significantly reduced his positions in tech stocks such as NVIDIA and Google.

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On August 15, 2026, H&H International Investment LLC, managed by Guo Ping, filed its Q2 2026 13F report with the SEC. The fund now holds $19.1 billion across 18 stocks, slightly down from Q4 2025. Apple leads the portfolio at $7.84 billion, followed by Berkshire Hathaway Class B and Pinduoduo. Duan Yongping increased his position in Pinduoduo by 26.71%, adding 5.27 million shares, and initiated a position in Alibaba with 301,400 shares. NVIDIA holdings declined by 54.63% to 756.31 million shares, and Google Class C shares fell by 46.88%. Microsoft was also reduced by 25.78%. The fund exited its positions in TSMC and CrowdStrike. Investors tracking support and resistance levels may view these moves as a strategic shift toward value investing in crypto and retail-focused stocks.

ME News reports that on August 15 (UTC+8), H&H International Investment LLC, managed by renowned investor Duan Yongping, filed its Q2 2026 13F holdings report with the U.S. Securities and Exchange Commission (SEC). The report shows that, as of June 30, H&H International Investment held a total of 18 stocks, with a total 13F portfolio value of approximately $19.1 billion—a slight decline from $20 billion at the end of last year’s fourth quarter. Apple remains the largest holding, with a market value of approximately $7.84 billion, accounting for 41.05% of the portfolio. Berkshire Hathaway Class B shares rank second, with a market value of about $4.62 billion, or 24.18%. Pinduoduo is third, with a market value of approximately $1.91 billion, or 9.99%. Tesla and NVIDIA rank fourth and fifth, respectively. In terms of position changes, Pinduoduo was the stock with the largest increase in Duan’s Q2 portfolio. During the quarter, H&H International Investment added 5.2738 million shares of Pinduoduo, raising its total holding to 25.0221 million shares—an increase of 26.71%. By the end of Q2, Pinduoduo had become the third-largest holding, accounting for nearly 10% of the portfolio. Duan also re-entered Alibaba during Q2, establishing a new position of 301,400 shares, with an end-of-period market value of approximately $28.93 million. Duan continued to significantly reduce positions in several major tech giants. Apple was slightly reduced by 1.8469 million shares, bringing the total holding down to 27.0987 million shares—a 6.38% decrease. NVIDIA was heavily reduced by 7.5631 million shares, a 54.63% decline in holdings; its end-of-quarter market value stood at approximately $1.257 billion, with its portfolio weight dropping from 12.07% at the end of Q1 to 6.58%, moving it from third to fifth place. Google Class C shares were also significantly reduced: H&H International Investment sold off 1.7374 million shares—a 46.88% reduction—leaving an end-of-quarter market value of approximately $696 million, with its portfolio weight falling from 5.31% to 3.64%. Microsoft was also reduced by 25.78%, bringing its holding down to 754,100 shares. Additionally, Duan fully exited his position in TSMC (151,200 shares) and CrowdStrike (40,000 shares). (Source: BlockBeats)

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