Hedge Fund · CIK 0001709323
Li Lu
Himalaya Capital
Li Lu runs Himalaya Capital, a hedge fund overseeing $3.57B in disclosed equity holdings (SEC CIK 0001709323). The latest portfolio (2025Q4) discloses 9 positions across 5 sectors, with the largest positions in GOOG, GOOGL and BAC. On a mark-to-market basis the tracked portfolio has returned 40.5% over the past year. OpenStocks tracks 33 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Portfolio
$3.57B
Positions
9
Quarter
2025Q4
Filings tracked
33
1-YearTWR
+40.47%
since 2024Q4
3-YearTWR
+596.59%
since 2022Q4
5-YearTWR
+95.06%
since 2020Q4
10-Year
—
insufficient history
Performance overview
We mark Li Lu (Himalaya Capital)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Li's portfolio is 40.5% over the last 12 months.
Portfolio growth vs SPY
Rebased to 100 at 2016Q4 · through 2025Q4
Li Lu
+268.8%
SPY
—
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
+$30M
Lifetime buys
$938M
Lifetime sells
$828M
Portfolio over time
AUMPositions
QoQ AUM
+10.5%
16Q lifetime AUM
+50.0%
QoQ positions
+0
16Q lifetime positions
+3
Position concentration
9 positions