段永平1季末美股持仓曝光！加码拼多多(PDD.US) 大幅减持苹果(AAPL.US)、谷歌(GOOG.US)

智通财经2025-05-16

智通财经APP获悉，H&H International Investment(段永平美股持仓主体)披露的最新13F文件显示，截至2025年1季末，组合整体持仓市值大约120亿美元，较去年底的145亿美元下降了16%左右。今年1季度，段永平的持仓不仅从8个增加到11个，持股结构上也发生了不少变化。具体来看，减持了苹果(AAPL.US)、谷歌(GOOG.US)、新进AI巨头、增持拼多多(PDD.US)...

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Winchild
2025-05-16
Winchild
一季度买微软挣大发了

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“投拼多多确实是因为喜欢黄峥”。二级市场方面，段永平在2023年3季度曾经买入一丢丢拼多多，15万股，但到当年底就清掉。波段做的很漂亮，买入当季的成本价大约也就80多美元，到年底时已经涨到146美元了。等到2024年1季度回调一些又买入小仓位，2季度卖掉一点点，3季度才开始了此轮真正意义上的增持之旅。2024年8月27日段永平在雪球上说，“开始卖点(拼多多)put，虽然对PDD的商业模式还不是完全懂，但这些年看来看去还是觉得蛮有意思的。”段永平今年1月5日回母校浙江大学的交流中，继续盛赞黄峥，还说“目前来说，中国企业真正做到全球化的，大概也就拼多多和抖音，其他的企业可能更多是局部性的全球化。”苹果持仓比例降到63%跟拼多多相对的是苹果，持仓量继续在减少。虽然苹果依然是H&H的第一大重仓，但今年一季度又减少16%，目前持仓股数为3422万股，市值76亿美元，占组合比重下降到63%。2024年6月底时，苹果在段永平的持仓中接近81%的占比，主要还是苹果股价涨势彪悍，市值狂奔。“独宠”苹果的段永平在当年8月份还说到，“我没觉得苹果就贵得不行，我只是觉得苹果不再那么便宜了而已。我卖点Option，感觉也还不错。”从去年2季度以来的苹果减仓行为，段永平去年12月3日特意发声澄清，“我没主动卖过苹果!!”应该通过卖call被动卖股票了。相比而言，巴菲特这一季对苹果是“按兵不动”。新入手微软(MSFT.US)、英伟达(NVDA.US)和台积电(TSM.US)相比之下，段永平新进了三只AI巨头。微软、英伟达、台积电，这三家公司分别代表了AI生态链上的“接口、算力、制造”，段永平都买了一点，分布极为均衡。加起来持仓市值大约是2.2亿美元。段永平3月中旬在雪球回应说，自己以92.52美元买了10万股英伟达，“就当买点彩票”，还顺手卖了个看涨期权。关于英伟达，段永平说的也很多。他不讳言自己对英伟达感兴趣。“英伟达确实厉害的，而且目前似乎看不到谁能对英伟达有威胁。目前我没能明白的是：他们的这种垄断到底能持续多久?对英伟达芯片的需求到底能持续多久?谷歌(GOOG.US)和阿里(BABA.US)都被减的有点多其他持仓方面，谷歌这季又被砍了70%，持仓比例已经降到不到1.5%，从去年底的第三大重仓股位置滑落到第六名。阿里巴巴持股被减了27%，但也是凭着1季度自身股价上涨，在组合中的持仓占比不降反升，增加到4.4%。1季末的持仓市值大约5.27亿美元。西方石油(OXY.US)继续微幅加仓；迪士尼(DIS.US)和莫德纳则在边缘地带，分别被减持了3%和近一半。尤其是莫德纳(MRNA.US)，持仓市值仅有200多万美元，已经可以忽略不计了。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":435669465178192,"gmtCreate":1747394450483,"gmtModify":1747400761823,"author":{"id":"4207287692178160","authorId":"4207287692178160","name":"Winchild","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4207287692178160","authorIdStr":"4207287692178160"},"htmlText":"一季度买微软挣大发了","listText":"一季度买微软挣大发了","text":"一季度买微软挣大发了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/435669465178192","repostId":2535335727,"repostType":2,"repost":{"id":"2535335727","kind":"news","pubTimestamp":1747367447,"share":"https://www.laohu8.com/m/news/2535335727?lang=zh_CN&edition=full","pubTime":"2025-05-16 11:50","market":"sh","language":"zh","title":"段永平1季末美股持仓曝光！加码拼多多(PDD.US) 大幅减持苹果(AAPL.US)、谷歌(GOOG.US)","url":"https://stock-news.laohu8.com/highlight/detail?id=2535335727","media":"智通财经","summary":"今年1季度，段永平的持仓不仅从8个增加到11个，持股结构上也发生了不少变化。具体来看，减持了苹果、谷歌、新进AI巨头、增持拼多多。苹果持仓比例降到63%跟拼多多相对的是苹果，持仓量继续在减少。2024年6月底时，苹果在段永平的持仓中接近81%的占比，主要还是苹果股价涨势彪悍，市值狂奔。新入手微软、英伟达和台积电相比之下，段永平新进了三只AI巨头。","content":"<html><body><p>智通财经APP获悉，H&amp;H International Investment(段永平美股持仓主体)披露的最新13F文件显示，截至2025年1季末，组合整体持仓市值大约120亿美元，较去年底的145亿美元下降了16%左右。今年1季度，段永平的持仓不仅从8个增加到11个，持股结构上也发生了不少变化。具体来看，减持了<a href=\"https://laohu8.com/S/AAPL\">苹果</a>(AAPL.US)、<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>(GOOG.US)、新进AI巨头、增持<a href=\"https://laohu8.com/S/PDD\">拼多多</a>(PDD.US)。</p><center><img height=\"413\" src=\"http://img.zhitongcaijing.com/images/contentformat/6f26b3bd81efb49e77cc4ca01aa435c0.jpg\" width=\"1080\"/></center><p><span>持有拼多多9亿美元，位列第三大重仓</span></p><p>段永平表示，虽然在去年四季度已经将<span>拼多多</span>持仓加到723万股，但今年一季度段永平仍选择继续增持，最新持股数量达到775万股，市值超过9亿美元，位居第三大重仓。</p><p>作为拼多多的天使投资人，他一路都在说自己看不太懂拼多多的模式， “投拼多多确实是因为喜欢黄峥”。二级市场方面，段永平在2023年3季度曾经买入一丢丢拼多多，15万股，但到当年底就清掉。波段做的很漂亮，买入当季的成本价大约也就80多美元，到年底时已经涨到146美元了。</p><p>等到2024年1季度回调一些又买入小仓位，2季度卖掉一点点，3季度才开始了此轮真正意义上的增持之旅。2024年8月27日段永平在雪球上说，“开始卖点(拼多多)put，虽然对PDD的商业模式还不是完全懂，但这些年看来看去还是觉得蛮有意思的。”</p><p>段永平今年1月5日回母校浙江大学的交流中，继续盛赞黄峥，还说“目前来说，中国企业真正做到全球化的，大概也就拼多多和抖音，其他的企业可能更多是局部性的全球化。”</p><p><span>苹果持仓比例降到63%</span></p><p>跟拼多多相对的是苹果，持仓量继续在减少。虽然苹果依然是H&amp;H的第一大重仓，但今年一季度又减少16%，目前持仓股数为3422万股，市值76亿美元，占组合比重下降到63%。</p><p>2024年6月底时，苹果在段永平的持仓中接近81%的占比，主要还是苹果股价涨势彪悍，市值狂奔。</p><p>“独宠”苹果的段永平在当年8月份还说到，“我没觉得苹果就贵得不行，我只是觉得苹果不再那么便宜了而已。我卖点Option，感觉也还不错。”</p><p>从去年2季度以来的苹果减仓行为，段永平去年12月3日特意发声澄清，“我没主动卖过苹果!!”应该通过卖call被动卖股票了。</p><p>相比而言，巴菲特这一季对苹果是“按兵不动”。</p><p><span>新入手<a href=\"https://laohu8.com/S/MSFT\">微软</a>(MSFT.US)、<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>(NVDA.US)和<a href=\"https://laohu8.com/S/TSM\">台积电</a>(TSM.US)</span></p><p>相比之下，段永平新进了三只AI巨头。微软、英伟达、台积电，这三家公司分别代表了AI生态链上的“接口、算力、制造”，段永平都买了一点，分布极为均衡。加起来持仓市值大约是2.2亿美元。</p><p>段永平3月中旬在雪球回应说，自己以92.52美元买了10万股英伟达，“就当买点彩票”，还顺手卖了个看涨期权。关于英伟达，段永平说的也很多。他不讳言自己对英伟达感兴趣。</p><p>“英伟达确实厉害的，而且目前似乎看不到谁能对英伟达有威胁。目前我没能明白的是：他们的这种垄断到底能持续多久?对英伟达芯片的需求到底能持续多久?</p><p><span>谷歌(GOOG.US)和阿里(BABA.US)都被减的有点多</span></p><p>其他持仓方面，谷歌这季又被砍了70%，持仓比例已经降到不到1.5%，从去年底的第三大重仓股位置滑落到第六名。</p><p><a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>持股被减了27%，但也是凭着1季度自身股价上涨，在组合中的持仓占比不降反升，增加到4.4%。1季末的持仓市值大约5.27亿美元。</p><p><a href=\"https://laohu8.com/S/OXY\">西方石油</a>(OXY.US)继续微幅加仓；<a href=\"https://laohu8.com/S/DIS\">迪士尼</a>(DIS.US)和莫德纳则在边缘地带，分别被减持了3%和近一半。尤其是莫德纳(MRNA.US)，持仓市值仅有200多万美元，已经可以忽略不计了。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n段永平1季末美股持仓曝光！加码拼多多(PDD.US) 大幅减持苹果(AAPL.US)、谷歌(GOOG.US)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-16 11:50 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1293978.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，H&H International Investment(段永平美股持仓主体)披露的最新13F文件显示，截至2025年1季末，组合整体持仓市值大约120亿美元，较去年底的145亿美元下降了16%左右。今年1季度，段永平的持仓不仅从8个增加到11个，持股结构上也发生了不少变化。具体来看，减持了苹果(AAPL.US)、谷歌(GOOG.US)、新进AI巨头、增持拼多多(PDD.US)...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1293978.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1206712785.SGD":"Aviva Investors - Multi-Strategy Target Return Ah SGD","GOOGL":"谷歌A","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","BK4525":"远程办公概念","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","MACW.SI":"APPLE 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GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","BK4507":"流媒体概念","GOOG":"谷歌","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1293978.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2535335727","content_text":"智通财经APP获悉，H&H International Investment(段永平美股持仓主体)披露的最新13F文件显示，截至2025年1季末，组合整体持仓市值大约120亿美元，较去年底的145亿美元下降了16%左右。今年1季度，段永平的持仓不仅从8个增加到11个，持股结构上也发生了不少变化。具体来看，减持了苹果(AAPL.US)、谷歌(GOOG.US)、新进AI巨头、增持拼多多(PDD.US)。持有拼多多9亿美元，位列第三大重仓段永平表示，虽然在去年四季度已经将拼多多持仓加到723万股，但今年一季度段永平仍选择继续增持，最新持股数量达到775万股，市值超过9亿美元，位居第三大重仓。作为拼多多的天使投资人，他一路都在说自己看不太懂拼多多的模式， “投拼多多确实是因为喜欢黄峥”。二级市场方面，段永平在2023年3季度曾经买入一丢丢拼多多，15万股，但到当年底就清掉。波段做的很漂亮，买入当季的成本价大约也就80多美元，到年底时已经涨到146美元了。等到2024年1季度回调一些又买入小仓位，2季度卖掉一点点，3季度才开始了此轮真正意义上的增持之旅。2024年8月27日段永平在雪球上说，“开始卖点(拼多多)put，虽然对PDD的商业模式还不是完全懂，但这些年看来看去还是觉得蛮有意思的。”段永平今年1月5日回母校浙江大学的交流中，继续盛赞黄峥，还说“目前来说，中国企业真正做到全球化的，大概也就拼多多和抖音，其他的企业可能更多是局部性的全球化。”苹果持仓比例降到63%跟拼多多相对的是苹果，持仓量继续在减少。虽然苹果依然是H&H的第一大重仓，但今年一季度又减少16%，目前持仓股数为3422万股，市值76亿美元，占组合比重下降到63%。2024年6月底时，苹果在段永平的持仓中接近81%的占比，主要还是苹果股价涨势彪悍，市值狂奔。“独宠”苹果的段永平在当年8月份还说到，“我没觉得苹果就贵得不行，我只是觉得苹果不再那么便宜了而已。我卖点Option，感觉也还不错。”从去年2季度以来的苹果减仓行为，段永平去年12月3日特意发声澄清，“我没主动卖过苹果!!”应该通过卖call被动卖股票了。相比而言，巴菲特这一季对苹果是“按兵不动”。新入手微软(MSFT.US)、英伟达(NVDA.US)和台积电(TSM.US)相比之下，段永平新进了三只AI巨头。微软、英伟达、台积电，这三家公司分别代表了AI生态链上的“接口、算力、制造”，段永平都买了一点，分布极为均衡。加起来持仓市值大约是2.2亿美元。段永平3月中旬在雪球回应说，自己以92.52美元买了10万股英伟达，“就当买点彩票”，还顺手卖了个看涨期权。关于英伟达，段永平说的也很多。他不讳言自己对英伟达感兴趣。“英伟达确实厉害的，而且目前似乎看不到谁能对英伟达有威胁。目前我没能明白的是：他们的这种垄断到底能持续多久?对英伟达芯片的需求到底能持续多久?谷歌(GOOG.US)和阿里(BABA.US)都被减的有点多其他持仓方面，谷歌这季又被砍了70%，持仓比例已经降到不到1.5%，从去年底的第三大重仓股位置滑落到第六名。阿里巴巴持股被减了27%，但也是凭着1季度自身股价上涨，在组合中的持仓占比不降反升，增加到4.4%。1季末的持仓市值大约5.27亿美元。西方石油(OXY.US)继续微幅加仓；迪士尼(DIS.US)和莫德纳则在边缘地带，分别被减持了3%和近一半。尤其是莫德纳(MRNA.US)，持仓市值仅有200多万美元，已经可以忽略不计了。","news_type":1,"symbols_score_info":{"AAPL":1,"GOOG":1,"MACW.SI":0.6,"USJW.SI":0.6,"PDD":1,"GOOGL":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":1,"favoriteSize":4,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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