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

BlockBeats News, May 19th - H&H International Investment LLC, managed by Yongping Duan, 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 $200.04 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. 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), significantly increasing the weight 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, with a value of 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; TSMC (TSM) significantly reduced its holdings by 87.65% to 151,200 shares. New 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), among others. At the same time, complete sell-offs or significant reductions were made in holdings of Alibaba (BABA), ASML, Coreweave, and other positions.

Overall, Benjamin Graham maintained his preference for high-quality tech, consumer, and value stocks in Q1, increasing his holdings in core assets such as NVIDIA, Pinduoduo, and Berkshire Hathaway, while also moderately diversifying into emerging AI-related opportunities. This reflects his ability to flexibly adjust his long-term value investment philosophy in the current market environment. H&H International Investment's portfolio changes demonstrate their continued confidence in US tech giants and high-quality Chinese internet companies. This 13F filing is public information, only reflecting the holdings at the end of the quarter and does not represent real-time trades or a complete investment strategy.