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Li Lu's Himalaya Capital Management exited its entire OXY position, 2.98% of the portfolio.

Sold out of a position that was 1,466,500 shares worth $95.32M as of the previous filing.
Published · Based on SEC filings

Medium impact
Position exited
2026 Q2

Li Lu's Himalaya Capital Management sold its entire Occidental Petroleum Corp (OXY) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The prior filing listed 1.47M shares worth about $95.3M, 2.98% of the portfolio; the 2026 Q2 filing lists none. OXY had been in the portfolio for 2 years, since the quarter ended June 30, 2024.

What did the 2026 Q2 filing report for OXY?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 1.47M 0
Reported value $95.3M $0
Portfolio weight 2.98% 0%
Held since 2024 Q2 sold out in 2026 Q2
Quarters held 8

What did Li Lu sell?

Li Lu sold 1.47M shares of OXY between the quarter ended March 31, 2026 and June 30, 2026. The OXY exit was the 3rd largest of the quarter's 8 position changes by percent change to portfolio.

Where does OXY sit in the Li Lu portfolio?

Before the sale, OXY carried 2.98% of the Li Lu portfolio, below the fund's average stock position of 12%. The largest stock position is GOOGL at 24.55%. Next come GOOG at 23.39% and PDD at 22.17%. The three largest stocks together are 70.1% of the book. Across the 2026 Q2 portfolio, Li Lu reported 8 stock positions, with none opened and 6 closed. The total portfolio value is about $3.7B, up 16% from the prior quarter.

Li Lu buys and sells, 2026 Q2

How long has Li Lu held OXY?

Li Lu held OXY for 2 years, from the quarter ended June 30, 2024 to March 31, 2026. The weight peaked at 3.61% in 2024 Q2. The share count had been unchanged the quarter before. Every reported trade is on the Li Lu OXY trade history page.

Li Lu shares of OXY by quarter

Did other funds buy or sell OXY in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 4 still hold OXY. The largest seller was Dodge & Cox Stock Fund. Every tracked holder of OXY is on the OXY ownership page.

FAQ

How many OXY shares did Li Lu sell?

Li Lu sold all 1.47M shares of OXY it reported a quarter earlier, worth about $95.3M.

When did Li Lu first buy OXY?

Li Lu first reported OXY in the quarter ended June 30, 2024.

How much of the Li Lu portfolio was OXY?

OXY was 2.98% of the Li Lu portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell OXY in 2026 Q2?

No other tracked fund sold out of OXY in 2026 Q2, but 1 trimmed it; 4 still hold it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst