In Q2 2026, Himalaya Capital held 7 US-listed stocks worth $3.7bn. Its biggest move was adding to PDD Holdings (134% more shares, now 22%), followed by selling all of its Bank of America (4.6% the quarter before). It started 0 new positions and sold out of 6. Its largest holding is Alphabet at 48%.
Q2 2026, filed 14 Aug 2026 (filing): 0 new, 2 added to, 0 trimmed, 6 sold out. Select a row to see it over time.How this works
Changes compare share counts with Q1 2026, adjusted for stock splits. Share classes of the same company are combined. Values are at quarter-end prices.
13F holdings with change from the previous quarter
Each bar is one 13F. Select a bar or press play to see that quarter’s 12 largest positions.How this works
Bars are split by share of the US portfolio: the six biggest holdings over the period in colour, everything else in grey. The last eight quarters are shown in full, earlier years at year end.
2016
2019
2021
2023
Q4 ’24
Q2 ’25
Q4 ’25
Q2 ’26
GOOGBACMUBRK.BBIDUPDDEverything else
2016: Alphabet 0.0%, Bank of America 0.0%, Micron Technology 0.0%, Berkshire Hathaway 0.0%, Baidu 97.2%, PDD Holdings 0.0%; 2017: Alphabet 0.0%, Bank of America 0.0%, Micron Technology 0.0%, Berkshire Hathaway 0.0%, Baidu 19.0%, PDD Holdings 0.0%; 2019: Alphabet 0.0%, Bank of America 0.0%, Micron Technology 100.0%, Berkshire Hathaway 0.0%, Baidu 0.0%, PDD Holdings 0.0%; 2020: Alphabet 8.3%, Bank of America 20.6%, Micron Technology 47.5%, Berkshire Hathaway 0.0%, Baidu 0.0%, PDD Holdings 3.5%; 2021: Alphabet 9.3%, Bank of America 24.4%, Micron Technology 40.1%, Berkshire Hathaway 10.1%, Baidu 0.0%, PDD Holdings 0.0%; 2022: Alphabet 25.7%, Bank of America 25.1%, Micron Technology 29.8%, Berkshire Hathaway 14.4%, Baidu 0.0%, PDD Holdings 0.0%; 2023: Alphabet 38.1%, Bank of America 29.6%, Micron Technology 0.0%, Berkshire Hathaway 15.6%, Baidu 0.0%, PDD Holdings 0.0%; Q3 ’24: Alphabet 37.6%, Bank of America 29.0%, Micron Technology 0.0%, Berkshire Hathaway 16.7%, Baidu 0.0%, PDD Holdings 0.0%; Q4 ’24: Alphabet 39.1%, Bank of America 29.3%, Micron Technology 0.0%, Berkshire Hathaway 15.0%, Baidu 0.0%, PDD Holdings 0.0%; Q1 ’25: Alphabet 35.1%, Bank of America 26.1%, Micron Technology 0.0%, Berkshire Hathaway 21.6%, Baidu 0.0%, PDD Holdings 0.0%; Q2 ’25: Alphabet 32.8%, Bank of America 18.4%, Micron Technology 0.0%, Berkshire Hathaway 16.2%, Baidu 0.0%, PDD Holdings 17.9%; Q3 ’25: Alphabet 37.6%, Bank of America 16.7%, Micron Technology 0.0%, Berkshire Hathaway 14.0%, Baidu 0.0%, PDD Holdings 18.9%; Q4 ’25: Alphabet 43.9%, Bank of America 16.1%, Micron Technology 0.0%, Berkshire Hathaway 12.6%, Baidu 0.0%, PDD Holdings 14.6%; Q1 ’26: Alphabet 44.8%, Bank of America 4.6%, Micron Technology 0.0%, Berkshire Hathaway 13.4%, Baidu 0.0%, PDD Holdings 14.7%; Q2 ’26: Alphabet 47.9%, Bank of America 0.0%, Micron Technology 0.0%, Berkshire Hathaway 15.0%, Baidu 0.0%, PDD Holdings 22.2%
Q1 Q2 Q3 Q4 · each quarter is that quarter’s profits times the stake reported at its end. *2026 so far: 2 quarters. Click a quarter to see its holdings.
Net income is as reported (GAAP), so it includes one-off items and, for some companies, gains or losses on investments they hold. Companies that report under IFRS (most non-US companies) or whose shares we can’t match reliably are left out; “portfolio covered” shows how much is included. Look-through earnings explained. Growth compares earnings per share over the last 12 months with the 12 months a year earlier, for holdings profitable in both.
US holdings by sector
Communication and media49.4%
Consumer discretionary22.2%
Insurance15.0%
Financials9.7%
Other2.9%
Technology0.9%
Sectors are grouped from each company’s SEC industry code, as a share of the Q2 2026 13F.