Duanyongping's Portfolio Revolution: Embracing Emerging Tech and Trimming Traditional Giants

Duanyongping's latest 13F filing for H&H International Investment disclosed significant shifts in its portfolio by the end of Q1 2025, showcasing a strategic realignment towards emerging tech opportunities while reducing its traditional tech holdings.

Among the most notable moves was the increased allocation to Pinduoduo (PDD.US). Despite having already ramped up his position to 7.23 million shares in the last quarter of the previous year, Duanyongping further increased his holdings to 7.75 million shares in the first quarter of this year. The latest uptick in Pinduoduo saw the value of his stake surpass $9 billion, solidifying it as the third-largest holding in his portfolio.

In contrast, Duanyongping significantly trimmed his stakes in Apple Inc. (AAPL.US) and Alphabet Inc. (GOOG.US). Apple's representation in his portfolio fell to 63% from a previous high of nearly 81% by mid-2024, primarily due to the stock's robust price appreciation. The number of Apple shares held was reduced by 16%, bringing their value down to $76 billion. Meanwhile, his position in Alphabet saw an even sharper reduction, slashing 70% of his investment, relegating it from the third to the sixth-largest holding.

This period also marked the onset of Duanyongping entering the AI space, evidenced by his new investments in Microsoft (MSFT.US), NVIDIA (NVDA.US), and TSMC (TSM.US). These companies, respectively representing interface, computing power, and manufacturing within the AI ecosystem, collectively accounted for approximately $2.2 billion in holdings. These positions signal a keen interest in AI innovation, aligning with broader market trends.

Despite substantial sell-offs elsewhere, Duanyongping expressed continued intrigue with NVIDIA, candidly discussing its market potential and operational influence despite uncertainties about the longevity of its current monopolistic attributes.

Moreover, while tech rearrangements took center stage, the portfolio's diversification continued with moderate increases in Western Oil (OXY.US) and reductions in Moderna (MRNA.US) to negligible levels. Though Pinduoduo showed superior growth potential, this diversified approach perhaps reflects a balanced risk strategy aligned with the evolving economic landscape.

With ongoing market dynamics, Duanyongping's portfolio activities underscore a strategic pivot towards emerging technologies and innovation while recalibrating bets on traditional tech giants. This adaptation not only highlights evolving investor sentiments but also underlines a cautious yet opportunistic approach in capital allocation within highly dynamic sectors.