---
title: "Duan Yongping's latest holdings: 10x increase in NVIDIA, buying more Pinduoduo as it falls"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38763325.md"
description: "Duan Yongping's H&H International's 13F filing for the end of 2025 is finally out. Let's briefly share the latest holdings. The core changes are as follows: 1. NVIDIA (NVDA): Large purchase. The position surged from only 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 the price falls, significantly increasing the position. The stock price dropped from around $132 in Q3 to about $113 in Q4..."
datetime: "2026-02-17T16:09:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38763325.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38763325.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38763325.md)
author: "[林氪](https://longbridge.com/en/profiles/7312377.md)"
generator: "portal-rs"
---

# 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)

### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [BRK.B.US](https://longbridge.com/en/quote/BRK.B.US.md)
- [BRK.A.US](https://longbridge.com/en/quote/BRK.A.US.md)
- [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md)
- [PDD.US](https://longbridge.com/en/quote/PDD.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [07388.HK](https://longbridge.com/en/quote/07388.HK.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)

## Comments (10)

- **冲鸭101 · 2026-02-19T04:29:57.000Z**: Old Duan is an individual investor, why would he need to disclose his holdings? He has never made his positions public.
  - **闽南地区网友啊菜** (2026-02-19T21:57:53.000Z): He manages many accounts and is required to disclose them.
- **王哪跑啊 · 2026-02-18T06:47:46.000Z**: No covered call buying this time?
- **Roy_Chow · 2026-02-17T18:57:01.000Z · 👍 7**: Old Duan's NVDA was most likely acquired by selling puts 😂😂😂
  - **红方投资** (2026-02-18T02:02:09.000Z): The price is not cheap.
  - **新人7687** (2026-02-18T14:28:54.000Z): Diluted? Probably in the range of 177-185.
- **悠羽 · 2026-02-17T16:44:45.000Z**: Why is NVIDIA's cost so high?
  - **六纸** (2026-02-17T17:16:11.000Z): You can't see the cost; what's displayed there is the market cap at the end of the quarter.
  - **悠羽** (2026-02-18T03:11:42.000Z): Oh, I misunderstood, thanks
- **D 大 · 2026-02-17T16:25:19.000Z**: Tesla's tiny position


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**