H&H International Investment 13F: Q2 2026 Portfolio — $19.10B Across 18 Positions

The portfolio remains highly concentrated, with the top 10 positions accounting for 98.8% of total value, dominated by Apple at 41.05% after a trim (share count down 6.4%). Other large holdings show a split between adding to select names and reducing exposure elsewhere: Berkshire Hathaway rose modestly via an add to 24.18% (share count up 0.9%), while Pdd Holdings increased more meaningfully to 9.99% (share count up 26.7%).

Within the trims, the reduction is broad across the largest technology franchises. Nvidia was trimmed to 6.58% (share count down 54.6%), Alphabet to 3.64% (down 46.9%), and Microsoft to 1.47% (down 25.8%), alongside lighter trims in Tesla (down 0.8%) and Unitedhealth Group (down 33.6%). The quarter also included one new position—Alibaba Group Hldg (BABA)—and exited Taiwan Semiconductor Manufac and Crowdstrike Hldgs, reinforcing a rotation that concentrates further into the existing core while trimming parts of mega-cap tech.

A Form 13F is a quarterly snapshot institutional managers with over $100M in US-listed assets must file within 45 days of quarter end. It shows long equity positions only: no short book, no cash, no non-US listings, no timing inside the quarter. Treat it as a delayed map of where the manager's conviction sat on the reporting date — not a live portfolio, and not a buy list.