Duang Yongping's Portfolio Value Drops 16% Amid Strategic Shifts

Billionaire investor and tech entrepreneur, Mr. Duang Yongping, has revealed his U.S. stock holdings as of the end of the first quarter, showcasing significant changes in his portfolio. The total market value of his portfolio decreased by approximately 16%, from 145 billion to 120 billion. The number of stocks in his portfolio increased from eight to eleven, with notable adjustments in his holdings.

Mr. Duang Yongping has significantly increased his investment in Pinduoduo Inc., a Chinese e-commerce platform. He now holds 775 million shares, valued at over 9 billion, making it his third-largest holding. His bullish stance on Pinduoduo is evident, as he has been a long-term supporter of the company and its founder, Huang Zheng. Despite not fully understanding Pinduoduo's business model, Mr. Duang Yongping has expressed admiration for the company's innovative approach and growth potential.

In contrast, Mr. Duang Yongping has reduced his holdings in Apple Inc. and Alphabet Inc., the parent company of Google. Apple remains his largest holding, but its proportion has decreased to 63%, with a market value of 76 billion. This reduction follows a period of significant stock price appreciation for Apple, which had previously accounted for nearly 81% of his portfolio. Mr. Duang Yongping has clarified that his reduction in Apple holdings was not due to active selling but rather through the exercise of call options.

Mr. Duang Yongping has also exited his position in a newly listed AI company and reduced his holdings in Alphabet Inc. by 70%, bringing its proportion to less than 1.5% of his portfolio. Additionally, he has slightly increased his stake in Occidental Petroleum Corporation and reduced his holdings in Disney and Moderna, with Moderna's holding now valued at a negligible 200 million.

New additions to his portfolio include Microsoft Corporation, NVIDIA Corporation, and Taiwan Semiconductor Manufacturing Company, Ltd. These companies represent key players in the AI ecosystem, covering interfaces, computing power, and manufacturing. Mr. Duang Yongping's investment in these companies reflects his interest in the AI sector and its growth potential. He has also expressed admiration for NVIDIA's technological prowess and market dominance, although he remains cautious about the sustainability of its competitive advantages.

Overall, Mr. Duang Yongping's portfolio adjustments reflect a strategic realignment of his investment focus. His increased investment in Pinduoduo and new additions to his portfolio indicate a bullish outlook on the e-commerce and AI sectors. Conversely, his reduction in holdings in established tech giants suggests a reassessment of their growth prospects and valuation. Mr. Duang Yongping's investment decisions demonstrate a nuanced understanding of market trends and a willingness to adapt to changing conditions, with a focus on capitalizing on growth opportunities while managing risk.