Yesterday (15th), a user posted a post titled "Reduce holdings in Apple, increase holdings in Alibaba, clear holdings in Pinduoduo. Duan Yongping's latest 13F holdings" and uploaded a screenshot to show, according to H& According to the latest 13F document submitted by H International Investment, LLC, the account increased its holdings of Alibaba by 1918730 shares in the fourth quarter of 2023, and currently holds a total of 4959230 shares.
At the end of the fourth quarter of 2023, the account held a total of nine companies, with a total market value of $14.45 billion. The top four holdings were $11.498 billion in Apple, $1.692 billion in Berkshire Hathaway, $757 million in Google, and $384 million in Alibaba
Meanwhile, the netizen also pointed out that compared to the previous quarter, H& H International Investment, LLC "Newly acquired Western Oil, increased holdings in Alibaba, Moderna, Bank of America, reduced holdings in Apple, Berkshire, Disney, and Happy Times, and cleared positions in Pinduoduo."
"By searching for the name of the institution, it can be determined that H&H International Investment, LLC is an investment company controlled by Mr. Duan Yongping." The source added, "H&H International Investment, LLC is obviously not the only investment account controlled by Mr. Duan Yongping, but it can be the only account with records that can be found through public channels."
(The picture shows a screenshot of "Duan Yongping's latest 13F holdings" posted by the user, as well as an introduction to H&H International Investment, LLC as Duan Yongping's holding institution on foreign websites.)
It is worth mentioning that Duan Yongping is very active in the investment community with an ID that says "the road is invisible and I have my own style". In response to investor netizens in 2018 and 2019, he stated that he had bought the company's stock when it went public on Alibaba.
Afterwards, for a long time, Duan Yongping did not disclose his ownership of Alibaba. Until April 2023, Duan Yongping stated in the community that he began to think about Alibaba and put in the selling points first.
There are two basic types of US stock option trading, call options and put options. A call option refers to the right of the buyer to buy a certain asset at a predetermined price in the future, while the seller is obligated to sell it at the predetermined price. Put options, on the other hand, refer to the right of the buyer to sell a certain asset at an agreed price in the future, while the seller is obligated to buy it at the agreed price.
Some US stock investors will sell put options on stocks they want to own, thinking that these stocks are currently undervalued and willing to buy them at an "undervalued" price,
Duan Yongping's action of selling Alibaba Put is to be bullish and buy at the bottom of Alibaba's stock.
On December 5, 2023, Duan Yongping once again stated in his April speech: I plan to sell more put and support it.
A netizen asked Duan Yongping what is the logic behind supporting Alibaba?
Duan Yongping replied: I like many things about Jack Ma. In the past, I thought Jack Ma was amazing, but today I still think so, it has nothing to do with the stock price. In my eyes, Jack Ma is the man who rides a bicycle and is ready to run away at any time, but still has the courage to shout at those big men who steal manhole covers.
However, regarding Alibaba, Duan Yongping stated on December 8, 2023 that he cannot see through it and cannot make a heavy move.