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Duan Yongping

Duan Yongping

H&H International Investment · Concentrated long-term value Runs a highly concentrated 13F equity book dominated by Apple and Berkshire Hathaway; widely dubbed "China's Warren Buffett."

Duan Yongping is a Chinese-American billionaire entrepreneur and electrical engineer who founded BBK Electronics Group and its brands Oppo, Vivo, OnePlus, and Realme, and earlier turned Subor Electronics into a leading maker of learning computers. Known as the "Chinese Buffett" for his investing success and philanthropy, he famously paid $620,100 in 2007 to have lunch with Warren Buffett, with the proceeds donated to charity. Through H&H International Investment he runs a highly concentrated US equity portfolio led by Apple and Berkshire Hathaway.

Wikipedia ↗ source: sec.gov

$19.1B reported 13F equity 18 positions as of 2026Q2 13F: latest change 2026-08-14

Portfolio allocation (reported 13F equity)

Long US-listed equity positions only; options excluded.

$19.1B13F equity
  • AAPL41.1%
  • BERKSHIRE HATHAWAY INC DEL24.2%
  • PDD HOLDINGS INC10.0%
  • TSLA7.4%
  • NVDA6.6%
  • ALPHABET INC3.6%
  • OCCIDENTAL PETE CORP2.6%
  • MSFT1.5%
  • CRDO1.0%
  • UNITEDHEALTH GROUP INC0.9%
  • Others1.2%

Reported 13F equity value — not a return, not AUM

Long US-listed equity positions only; filed with a ~45-day lag.

2023Q2 — $14.8B reported 13F equity2023Q3 — $13.3B reported 13F equity2023Q4 — $14.5B reported 13F equity2024Q1 — $14.2B reported 13F equity2024Q2 — $16.6B reported 13F equity2024Q3 — $16.5B reported 13F equity2024Q4 — $14.5B reported 13F equity2025Q1 — $12.0B reported 13F equity2025Q2 — $11.5B reported 13F equity2025Q3 — $14.7B reported 13F equity2025Q4 — $17.5B reported 13F equity2026Q1 — $19.8B reported 13F equity2026Q2 — $19.1B reported 13F equity$19.8B$11.5B2023Q22026Q2
#TickerSecurity (as filed) % of 13FShares Reported priceCurrentValueActivity
1 AAPL APPLE INC 41.1% 27,098,707 $289.36 $348.91 +20.6% $7.8B Trimmed −6%
2 — BERKSHIRE HATHAWAY INC DEL 24.2% 9,229,696 $500.39 — $4.6B Added +1%
3 — PDD HOLDINGS INC 10.0% 25,022,094 $76.28 — $1.9B Added +27%
4 TSLA TESLA INC 7.4% 3,380,400 $420.60 $403.30 -4.1% $1.4B Trimmed −1%
5 NVDA NVIDIA CORPORATION 6.6% 6,280,675 $200.09 $213.66 +6.8% $1.3B Trimmed −55%
6 — ALPHABET INC 3.6% 1,968,600 $353.33 — $695.6M Trimmed −47%
7 — OCCIDENTAL PETE CORP 2.6% 10,261,500 $48.57 — $498.4M Held +0%
8 MSFT MICROSOFT CORP 1.5% 754,100 $373.02 $530.14 +42.1% $281.3M Trimmed −26%
9 CRDO CREDO TECHNOLOGY GROUP HOLDI 1.0% 701,200 $271.95 $165.29 -39.2% $190.7M Trimmed −7%
10 — UNITEDHEALTH GROUP INC 0.9% 399,600 $415.63 — $166.1M New
11 DIS DISNEY WALT CO 0.9% 1,706,600 $96.25 $110.91 +15.2% $164.3M Added +13%
12 BABA ALIBABA GROUP HLDG LTD 0.2% 301,400 $95.98 $99.54 +3.7% $28.9M New
13 — CIRCLE INTERNET GROUP INC 0.1% 200,000 $62.63 — $12.5M Held +0%
14 PLTR PALANTIR TECHNOLOGIES INC 0.0% 60,000 $116.67 $196.42 +68.4% $7.0M Held +0%
15 SNPS SYNOPSYS INC 0.0% 10,000 $446.07 $490.19 +9.9% $4.5M Held +0%
16 SNOW SNOWFLAKE INC 0.0% 10,000 $254.50 $330.27 +29.8% $2.5M Held +0%
17 TEM TEMPUS AI INC 0.0% 20,000 $57.93 $77.84 +34.4% $1.2M Held +0%
18 — INNODATA INC 0.0% 10,000 $75.58 — $755800 Held +0%
— CRWD CROWDSTRIKE HLDGS INC — 0 — — $0 Sold-Out −100%
— TSM TAIWAN SEMICONDUCTOR MANUFAC — 0 — — $0 Sold-Out −100%

TradingPilot analysis of the reported 13F equity book

As of 2026Q2, Duan Yongping's reported 13F book holds 18 equity positions; the top 5 are 89% of it.

  1. APPLE INC (AAPL) — 41.1% of 13F
  2. BERKSHIRE HATHAWAY INC DEL — 24.2% of 13F
  3. PDD HOLDINGS INC — 10.0% of 13F
  4. TESLA INC (TSLA) — 7.4% of 13F
  5. NVIDIA CORPORATION (NVDA) — 6.6% of 13F

This quarter: 2 new, 3 added, 6 trimmed, 2 sold out.

Biggest share moves:
  • NVIDIA CORPORATION (NVDA) — Trimmed (−7,563,100 sh)
  • PDD HOLDINGS INC — Added (+5,273,800 sh)
  • APPLE INC (AAPL) — Trimmed (−1,846,900 sh)
  • ALPHABET INC — Trimmed (−1,737,400 sh)
  • MICROSOFT CORP (MSFT) — Trimmed (−261,900 sh)