BlockBeats report, May 19: H&H International Investment LLC, managed by Duan Yongping, filed its Q1 2026 13F holdings report with the U.S. Securities and Exchange Commission (SEC). The report shows that the total value of its portfolio reached approximately $20.004 billion, a significant increase from the previous quarter, with the number of holdings rising from 14 to 19. Apple (AAPL), Berkshire Hathaway (BRK.B), NVIDIA (NVDA), Pinduoduo (PDD), and Alphabet (GOOG) remained the top five holdings, collectively accounting for nearly 90% of the portfolio. Apple’s position had a market value of approximately $7.346 billion (36.72% of the portfolio), with 28,945,607 shares held—a decrease of about 10.55% (reduction of approximately 3.41 million shares) from the previous quarter. Berkshire Hathaway’s position had a market value of approximately $4.384 billion (21.91% of the portfolio), with 9,147,796 shares held—an increase of 27.47% (addition of approximately 1.97 million shares).
NVIDIA emerged as the standout holding this quarter, with a market value of $2.414 billion (12.07% of the portfolio), holding 13,843,775 shares—a significant increase of 91.29% (approximately 6.6 million additional shares)—substantially boosting the weight of the technology growth sector. Pinduoduo’s holding market value reached approximately $2.018 billion (10.09% of the portfolio), with 19,748,294 shares held, representing a 71.18% increase (approximately 8.21 million additional shares). Additionally, Alphabet was held at 3,706,000 shares with a market value of $1.063 billion, up 99.74%; Tesla (TSLA) was newly added as a major position, with 3,408,900 shares held and a market value of $1.267 billion (6.34% of the portfolio); Occidental Petroleum (OXY) held 10,261,500 shares with a market value of approximately $667 million, representing a 22.10% reduction.
Other adjustments: Microsoft (MSFT) holds 1,016,000 shares with a market value of $3.76 billion, representing an increase of 18.28%; Disney (DIS) increased its position by 112.33% to 1,511,800 shares; TSMC (TSM) significantly reduced its position by 87.65% to 151,200 shares. New or modestly initiated positions include Circle Internet Group (200,000 shares), CrowdStrike (10,000 shares), Palantir (60,000 shares), Snowflake (10,000 shares), Synopsys (10,000 shares), and Innodata (10,000 shares). Additionally, full or substantial exits were made in positions including Alibaba (BABA), ASML, and Coreweave.
Overall, Duan Yongping maintained his preference for high-quality technology, consumer, and value stocks in Q1, increasing positions in core assets such as NVIDIA, Pinduoduo, and Berkshire Hathaway, while moderately diversifying into emerging AI-related securities—demonstrating a flexible adaptation of his long-term value investing philosophy to the current market environment. The portfolio changes at H&H International Investment reflect continued confidence in U.S. tech giants and China’s leading internet companies. This 13F filing is public information and reflects only the portfolio holdings as of the end of the quarter; it does not represent real-time trading activity or a complete investment strategy.