Duan Yongping's latest holdings: 10x increase in NVIDIA, buying more Pinduoduo as it falls

Duan Yongping's H&H International's 13F filing for the end of 2025 is finally out.

Here's a brief share of the latest portfolio holdings, with the key changes as follows:

1. NVIDIA (NVDA): Large purchase. The position surged from just 600,000 shares in Q3 to 7.23 million shares, with the holding value increasing more than tenfold, directly becoming the third-largest holding.

2. Pinduoduo (PDD): Buying more as it fell, significantly increased position. The stock price dropped from around $132 in Q3 to about $113 in Q4, and Duan Yongping added nearly 3 million shares (+35%).

3. Berkshire Hathaway (BRK.B): Defensive move. Significantly increased holdings by nearly 2 million shares, making it the second-largest ballast holding.

4. Apple (AAPL): Reduced position. Reduced holdings by approximately 2.47 million shares, likely using the proceeds from selling Apple to buy NVIDIA, Berkshire, and Pinduoduo.

2025 Q4 vs 2025 Q3

$PDD(PDD.US) $Apple(AAPL.US) $NVIDIA(NVDA.US)