저자: LiLu · 외국인
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리루(Li Lu)의 13F 공시 기준 주요 보유 종목을 분석한 영상. 뱅크오브아메리카(약 29%), 알파벳(약 38%), 버크셔해서웨이, 이스트웨스트뱅크, 애플 등 미국 종목과 중국 포스털세이빙스뱅크, BYD, 텐센트 등 중국 종목을 소개. 각 종목의 시가총액, 애널리스트 목표주가, DCF 적정가를 근거로 상승 여지를 언급. 자료는 투자 권유가 아님을 명시.
다듬은 글
lelu is the Chinese Warren Buffett right now these are the top stocks he owns lelu has a20 billion stock portfolio in Himalaya Capital Management the fund's most recent 13 F filing made with the SEC revealed its top Investments which are somewhat unique in that they include both household names like Google and he owns less her of companies like East West Bank Corp the only US Bank with a Chinese banking license these are the top stocks held by Le at Himalaya Capital Management at the end of the fourth quarter 2024 let's look at his us listed stocks first before we dig into some of the foreign companies leelu's invested in lelu has six major US Holdings that make up $2 billion to the portfolio this is just 10% of the overall assets he manages as a standalone position Bank of America stock ticker BAC is the largest holding it's the biggest holding making up 29% of what's on his 13f he's added to Bank of America a few times in the last handful of years making him his biggest buy during the pandemic stock market crash in 2020 while not a home run investment leelu's made money buying into Bank of America which is also one of Warren Buffett's top positions as one of the largest US Banks with a $265 billion market cap it's owned by a lot of super investors based on analyst price targets of $38 per share it looks like there's still some upside for Bank of America leelu's Next stock investment in alphabet is a twofer he owns both classes of alphabet stock which combined make up 38% of the stocks listed in his 13f these Shares are worth more than $800 million together like Bank of America alphabet is another household name as the parent company of Google similar to Bank of America he's added in multiple quarters to both alphabets a and Class C stocks interesting to point out he was buying different shares in different quarters this means he's likely taking advantage of price differences and purchasing whichever is cheaper at that particular time leelu's investment in the $ 1.8 trillion do business has worked out better than Bank of America while it's also held by a number of other super investors lelu is still up more than 40% on his positions even with that gain a DCF analysis gives a 20% upside with a $172 current fair value for alphabet analysts are also bullish but a little bit less so they have a 13 1.5% upside with a $164 price Target birkshire hathway is the next largest position for Lee L this makes up a $375 million investment so far he only added to the company once in the third quarter of 2021 since then his investment is up more than 50% which is crushing the market it goes to show you lelu isn't afraid to take advantage of mispricings even in huge companies the $900 million company is managed by Warren Buffett one of leelu's close mentors in fact while he was studying at Columbia University he listened to a lecture from Warren Buffett that inspired ired him to invest in his first stocks before he graduated from Colombia he was already a millionaire thanks to his Investments lelu was even the top candidate to take over for Warren Buffett as an investor at Berkshire hathway once Warren Buffett would retire or pass away but lelu decided not to pursue the top investing job instead choosing to continue to run his own fund Himalaya Capital given the recent big rise in Berkshire stock price analyst today put a price target of $444 per share on the company's B stock leelu's fifth largest holding and the company he's most recently been adding to is East West Bank Corp he owns 2% of the business worth more than $200 million he first started buying in following some of the bank failures that happened in early 2023 since then this investment has performed quite well for lelu while it's lesser known and not necessarily a household name compared to the other stocks he's in East West Bank Corp has A10 billion market cap it's still owned own by a number of other super investors and based on estimates it still looks like there's quite a bit of upside in the business it's given a $14 current fair value with a 44% upside eastwest Bank Corp is unique in that it's based in California but it holds a Chinese banking license making it the only US Bank to do so lilu's final us holding before we get to some of his International Investments is Apple this comes in at just 62% of the portfolio listed in his 13f still it makes up 100 40 million position that's done quite well since buying it in just one quarter back in 2020 his stake in at stock price alone is up more than 50% relative to his entire portfolio apple has a $2.85 trillion company is just a tiny percentage of it it's nowhere near the stake it holds in Warren Buffett's portfolio where it makes up nearly 50% based on a discount and cash flow analysis today apple looks to be about fairly valued analysts however think that there's a bit more upside in apple with a $26 price Target giving it a 133% upside overall so these are the stocks listed in leelu's 13f that are most commonly reported for him as an investor but there are more companies he has investments in that aren't disclosed here we'll analyze the business we know lelu owns in China before we discuss some that he may also have positions in postal Savings Bank of China is a company lelu holds a 1 1.2% investment in we know this as of the company's 202 2 2 annual report to shareholders unless he's changed his position since it was published in April of 2023 Lee likely still holds this investment though it's not a guarantee postal Savings Bank is the fifth largest bank in China and it has a dominant rural presence a valuation for it today comes in at around $19 per share significantly up from its $10.5 share price if lelu still owns 1.2% of this $52 billion company his position comes in at around $800 million this is pretty similar to his allocation in alphabet giving him around a 4% position in his portfolio the next Chinese stock we know lelu has owned in the past is byd or build your dreams this 68 billion doll company is the top Electric Vehicle Manufacturer in China Lee Lou felt so strongly about this business and its co-founder he convinced Charlie Munger who in turn convinced Warren Buffett to invest into the company from their initial invest ments this has been a home run while there are other Chinese companies he's owned in the past including maai and Alibaba 10 cents another company that he may own today this $350 billion Chinese internet giant is the owner of WeChat a number of gaming companies and it has big investments in some of the leading tech companies worldwide the reason lelu may own 10cent is that his self-proclaimed hero and huge mentor on his life Charlie Munger made one of his final Investments for the Daily Journal Corporation in 10 cents Hong Kong listed shares this is in contrast in how Charlie Monger invested into Alibaba which was much more publicized in the US due to its ADR listing right now 10 cents us traded shares have a fair value of around $49 per share the company seems to look cheap on a number of valuation metrics there are other companies lelu owned and sold out of in the past this includes Chinese social media company weebo meta platforms formerly Facebook which he added to and sold out of quite a few times Chinese software publisher Cina Corp Chinese search engine Buu Chinese e-commerce giant Alibaba which he was buying and selling in 2020 Chinese e-commerce upstart pin duo duo which he bought into and then sold out of probably at a loss and most recently Micron which he had collaborated on a position with with monish P while not a recommendation nor investment advice leelu offers a wealth of knowledge and deserves to be studied through some of the Articles he has written and I'd encourage you to check out his interviews as well check out our next Super investor portfolio Deep dive
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