Duan Yongping also started selling Apple, reducing his holdings by 658,000 shares in the second quarter

LB Select
2024.08.15 09:31
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Also reduced by Duan Yongping: Berkshire Hathaway, Google, Bank of America, PDD, Disney

After Warren Buffett reduced his Apple holdings by nearly half, Duan Yongping also began to reduce his heavy Apple holdings.

Recently, H&H International Investment, a fund company under Duan Yongping, released its 13F holdings report.

In the second quarter, Duan Yongping reduced his Apple holdings by 658,000 shares.

However, Apple still accounts for the majority of the holdings, with a proportion of about 80% and a market value of $13.4 billion:

It is worth mentioning that in early August, Duan Yongping stated that despite Buffett's reduction in Apple holdings, he has no plans to reduce his own holdings:

In the second quarter, Duan Yongping did not initiate new positions in stocks, but increased holdings in Occidental Petroleum (OXY) and Alibaba (BABA).

Additionally, Berkshire Hathaway, Google, Bank of America, Pinduoduo, and Disney saw varying degrees of reduction by Duan Yongping.

Out of the 9 stocks, 5 saw price increases in the second quarter: Apple rose by 23.9%, Google by 20.5%, Pinduoduo by 14.4%, Moderna by 11.4%, and Bank of America by 4.9%;

4 stocks saw declines: Disney fell by 18.9%, Berkshire Hathaway by 3.4%, Occidental Petroleum by 3.0%, and Alibaba by 0.5%