Li Lu
Himalaya Capital Management
Li Lu PDD Holdings Inc stake
total: 21
Himalaya Capital Management PDD trades
- Total transactions:
- 3
- New positions:
- 2
- Sold out:
- 1
- Held since:
- 2025 Q2
- Held for:
- 4 quarters
- Latest activity:
- 2025 Q2
According to 2026 Q1 report, Li Lu holds 4,608,000 PDD Holdings Inc (PDD) shares with a market value of roughly $470.85M accounting for 14.71% of the overall portfolio. To date, the estimated cost basis is nearly $104.66 for "buy" trades. Himalaya Capital Management first purchased PDD in 2020 Q4, initially acquiring 363,165 shares. Li Lu later completely sold out the position and invested in PDD Holdings Inc again in 2025 Q2. Since the initial investment in PDD Holdings Inc (PDD), Himalaya Capital Management has made 2 more transactions.
When did Li Lu buy PDD Holdings Inc (PDD)?
Li Lu first invested in PDD Holdings Inc (PDD) in 2020 Q4 at the reported quarter-end price of $177.67 per share.
What's the cost basis of Himalaya Capital Management's PDD stake?
The estimated cost basis for PDD Holdings Inc (PDD) stake is around $104.66 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $104.66
Li Lu's historical trades in PDD Holdings Inc
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.