---
name: Copy Himalaya Capital
kind: hedgecopy-fund
cik: 0001709323
latest_13f_period: 2026-06-30
latest_13f_filed: 2026-08-14
author: HedgeCopy
---

# Copy Himalaya Capital (13F follow-the-filing)

Himalaya Capital files a 13F-HR with the SEC each quarter (CIK 0001709323). This skill describes a
long-only copy portfolio built from that filing, bought the trading day after it is filed.

## Track record (estimated from 13F holdings, net of 10 bps per unit of turnover)
- Annualised return copying the filings, last 3 years (headline): +25.4% vs SPY +22.9% (alpha +2.4%/yr)
- Annualised since the series started (2022-08-19 to 2026-10-09): +19.4% vs SPY +17.3%
- Follow-the-filing TTM: +11.8% vs SPY +16.2% (alpha -4.4%)
- Quarters of history: 17; average coverage 100%; flags: none

## Latest disclosed top holdings (2026-06-30)
| # | Ticker | Issuer | Weight |
|---|---|---|---|
| 1 | GOOGL | ALPHABET INC | 24.5% |
| 2 | GOOG | ALPHABET INC | 23.4% |
| 3 | PDD | PDD HOLDINGS INC | 22.2% |
| 4 | BRK-B | BERKSHIRE HATHAWAY INC DEL | 15.0% |
| 5 | EWBC | EAST WEST BANCORP INC | 9.7% |
| 6 | CROX | CROCS INC | 2.9% |
| 7 | TME | TENCENT MUSIC ENTERTAINM | 1.5% |
| 8 | AAPL | APPLE INC | 0.9% |

## About the fund

Himalaya Capital is an American investment management firm based in Seattle, Washington, founded by Li Lu in 1997. The firm focuses on long-term value investing, primarily in publicly traded companies in Asia and North America.

- Strategy: Value investing
- Type: Long-only
- Founders: Li Lu
- Key people: Li Lu (Chairman); Paul Teng (Chief Compliance Officer)
- Founded 1997 · HQ Seattle, United States
- Reported AUM: $21.4bn (as of March 31, 2026)
- Website: https://www.himcap.com/

### Approach
The firm employs value investing principles inspired by Benjamin Graham, Warren Buffett, and Charles Munger, focusing on long-term ownership of high-quality companies with substantial economic moats and growth potential. Analysts cover a limited number of companies in detail, reporting directly to Li Lu, who makes the final investment decisions. The firm emphasizes obtaining accurate and complete information, sometimes through direct engagement with company leadership.

### History
Founded by Li Lu in 1997 as a hedge fund in New York City, the firm initially struggled during the Asian financial crisis. Following a partnership formed with Charlie Munger in 2003, the firm transitioned into a long-only investment vehicle focused on value investing. The firm relocated to Pasadena, California in 2007 and subsequently to Seattle, Washington in 2018.

### Notable positions / campaigns
- BYD Company (2002): A defining long-term investment in the Chinese electric vehicle and battery manufacturer.
- Kweichow Moutai (2004): A significant long-term investment held by the firm.

_Profile generated 2026-10-09 from public sources; may be incomplete or out of date._

## Rules
- Hold the top 20 long US-equity positions from the latest 13F-HR, weighted as reported.
- Rebalance on the first trading day after each new 13F-HR is filed. Cash only, paper only.

## Parameters
```json
{
  "params": {
    "funds": [
      "0001709323"
    ],
    "top_n": 20,
    "weighting": "13f",
    "rebalance": "filing_plus_1",
    "budget_usd": 10000,
    "stop_loss_pct": null,
    "cash_only": true
  }
}
```

> Estimated from 13F holdings (long US equities only; no shorts, options, cash or fees). Past performance is not a guide to the future. Not investment advice. Paper trading only.