SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Himalaya Capital Management LLC

CIK 0001709323 · 1301 2ND AVENUE, #2100, SEATTLE, WA, 98101 · 206-707-0768

Reported Value
$3.6B
Q4 2025
Positions
9
Filings on Record
27
2019–present window
Filed
Feb 19, 2026
amendment (RESTATEMENT)

Summary

Himalaya Capital Management LLC reported $3.6B in U.S.-listed holdings across 9 positions for Q4 2025.

The portfolio is heavily concentrated: GOOGL alone accounts for 22.3% of reported value.

Compared with Q3 2025, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Largest Position
+22.3%
Alphabet
New / Exited
1 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $420MQ4 ’19Q1 ’20: $713MQ2 ’20: $1.1BQ3 ’20: $1.3BQ3 ’20Q4 ’20: $1.8BQ1 ’21: $2.0BQ2 ’21: $2.0BQ2 ’21Q3 ’21: $2.1BQ4 ’21: $2.7BQ1 ’22: $2.4BQ1 ’22Q2 ’22: $1.9BQ3 ’22: $1.7BQ1 ’23: $2MQ1 ’23Q2 ’23: $2MQ3 ’23: $2MQ4 ’23: $2MQ4 ’23Q1 ’24: $2MQ3 ’24: $2.5BQ4 ’24: $2.7BQ4 ’24Q1 ’25: $2.2BQ2 ’25: $2.7BQ3 ’25: $3.2BQ3 ’25Q4 ’25: $3.6BQ1 ’26: $3.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 85.4%ADR: 14.6%
  • Common Stock · 85.4% · $3.0B
  • ADR · 14.6% · $523M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CROXCROCS INCNEW+628.2K628.2K+$54M$54M
SOCSABLE OFFSHORE CORPSOLD OUT−1.34M0−$23M$0
GOOGLALPHABET INCHELD+02.54M+$178M$796M
GOOGALPHABET INCHELD+02.45M+$172M$769M
PDDPDD HOLDINGS INCHELD+04.61M−$87M$523M
BACBK OF AMERICA CORPHELD+010.43M+$36M$574M
EWBCEAST WEST BANCORP INCHELD+02.78M+$16M$312M
OXYOCCIDENTAL PETE CORPHELD+01.47M−$9M$60M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C43.86%$1.6B4.99M
2BACBK OF AMERICA CORPhistory →COM16.08%$574M10.43M
3PDDPDD HOLDINGS INChistory →SPONSORED ADS14.64%$523M4.61M
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW12.64%$451M897.7K
5EWBCEAST WEST BANCORP INChistory →COM8.74%$312M2.78M
6OXYOCCIDENTAL PETE CORPhistory →COM1.69%$60M1.47M
7CROXCROCS INChistory →COM1.51%$54M628.2K
8AAPLAPPLE INChistory →COM0.84%$30M110.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.2B14May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.6B9Feb 19, 2026RESTATEMENTchanges · EDGAR ↗
Q3 2025$3.2B9Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.7B9Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.2B8May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.7B8Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.5B8Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024Under review7Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2M6May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$2M6Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2M6Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2M6Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$2M7May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review6Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.7B6Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.9B6Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.4B6May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.7B6Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.1B7Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.0B6Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.0B6May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.8B6Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B4Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.1B4Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$713M3May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$420M1Feb 14, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.