Yongping Duan's Q1 Portfolio Overview: Increased Position in NVIDIA and Pinduoduo, Exited Core Holding Alibaba

BlockBeats News, May 19th, H&H International Investment LLC, managed by Dong Yongping, submitted its 13F holdings report for the first quarter of 2026 to the U.S. Securities and Exchange Commission (SEC). The report shows that the total value of its portfolio is approximately $20.04 billion, a significant increase from the previous quarter, with the number of holdings increasing from 14 to 19. Apple (AAPL), Berkshire Hathaway (BRK.B), Nvidia (NVDA), Pinduoduo (PDD), and Alphabet (GOOG) remain the top five major holdings, accounting for nearly 90% of the portfolio. Among them, Apple's holding value is approximately $7.346 billion (36.72% of the portfolio), with 28,945,607 shares, a decrease of about 10.55% from the previous quarter (selling approximately 3.41 million shares); Berkshire Hathaway's holding value is approximately $4.384 billion (21.91% of the portfolio), with 9,147,796 shares, an increase of 27.47% (buying approximately 1.97 million shares).

Nvidia was the highlight of this quarter, with a holding value of $2.414 billion (12.07% of the portfolio) and 13,843,775 shares, a significant increase of 91.29% (buying approximately 6.6 million shares), substantially increasing the weighting of the technology growth sector. Pinduoduo's holding value is approximately $2.018 billion (10.09% of the portfolio), with 19,748,294 shares, an increase of 71.18% (buying approximately 8.21 million shares). In addition, Alphabet holds 3,706,000 shares, valued at $1.063 billion, an increase of 99.74%; Tesla (TSLA) is a new major holding, with 3,408,900 shares, valued at $1.267 billion (6.34% of the portfolio); Occidental Petroleum (OXY) holds 10,261,500 shares, valued at approximately $0.667 billion, a decrease of 22.10%.

In other adjustments, Microsoft (MSFT) holds 1,016,000 shares, valued at $0.376 billion, an increase of 18.28%; Disney (DIS) increased its holdings by 112.33% to 1,511,800 shares; Taiwan Semiconductor (TSM) significantly reduced its holdings by 87.65% to 151,200 shares. New positions or slightly increased positions include Circle Internet Group (200,000 shares), CrowdStrike (10,000 shares), Palantir (60,000 shares), Snowflake (10,000 shares), Synopsys (10,000 shares), Innodata (10,000 shares), and others. At the same time, some holdings were completely divested or significantly reduced, such as Alibaba (BABA), ASML, Coreweave, and other assets.

Overall, Warren Peace maintained his preference for high-quality technology, consumer, and value stocks in Q1, by increasing his holdings in core assets such as NVIDIA, Pinduoduo, and Berkshire Hathaway, and moderately diversifying into emerging AI-related targets. This reflects his flexible adjustment of long-term value investment philosophy in the current market environment. The portfolio changes of H&H International Investment demonstrate a continued bullish view on US tech giants and high-quality Chinese internet companies. This 13F filing is public information, only reflecting holdings at the end of the quarter, and does not represent real-time trades or a complete investment strategy.