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Himalaya Capital Management

SEC-registered adviser since 2011Seattle, WACRD 157594

2
Clients
15
Advisory staff

From Form ADV filed 31 March 2026 · data retrieved 15 October 2026SEC record

Himalaya Capital Management is an investment adviser headquartered in Seattle, Washington, and registered with the SEC since 2011. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include performance-based fees and other arrangements. Lu Li owns 75% or more of Himalaya Capital Management.

Clients

Himalaya Capital Management serves 2 clients. The average client has about $10.7 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles2 clients100%
Show client breakdown
Pooled investment vehicles
Clients
2
Regulatory AUM
$21,392,207,523
Share
100.0%
Avg. per client
$10.70B

Total

Clients
2
Regulatory AUM
$21,392,207,523
Share
100%
Avg. per client
$10.70B

What it does

Himalaya Capital Management provides portfolio management for pooled vehicles. It is paid through performance-based fees and other arrangements.

Himalaya Capital Management advises 1 private funds.

100.0% of assets ($21.39B across 2 accounts) are managed with discretion. 50% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Himalaya Capital Management has custody of $21.39B for 2 clients.

Managed account assets by custodian
  • All other custodians$21.39B100%

Ownership and leadership

Lu Li owns 75% or more of Himalaya Capital Management.

Who owns the firm
Himalaya Capital Management LLC· the adviser
  • Lu Li

    Control person · since January 1998

    Owns 75% or more of Himalaya Capital Management LLC

Leadership

  • Li Li
    Chief Financial Officer
  • Gene Chang
    Chief Operating Officer
  • Paul Teng
    Chief Compliance Officer
  • Lu Li
    Chairman and Managing Member

Staff

  • 21 employees
  • 15 in advisory functions

Reported holdings

Himalaya Capital Management’s reported 13F holdings total $3.70B across 8 positions, and the ten largest make up 100.0% of it.

$3.70B
Reported 13F value
8
Positions
100.0%
In the 10 largest
+15.7%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Alphabet Inc. · Cap Stk CL A24.5%
  2. Alphabet Inc. · Cap Stk CL C23.4%
  3. Pdd Holdings Inc. · Spon ADS22.2%
  4. Berkshire Hathaway Inc. Del · CL B New15.0%
  5. East West Bancorp Inc.9.7%
  6. Crocs Inc.2.9%
  7. Tencent Music Entertainm · Spon ADS1.5%
  8. Apple Inc.0.9%

Together, the ten largest are 100.0% of reported value.

The 8 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $3.70B is not its $21.39B in regulatory assets and does not represent any individual client's portfolio.

Fees

Himalaya Capital Management is paid through performance-based fees and other.

Himalaya Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Himalaya Capital Management has 1 office, with 2 listed addresses in 1 state.

Listed office addresses by state

Washington · 2 listed addresses

  • 1301 2nd Ave, Suite 2100, SeattleHQ
  • 10655 Ne 4th Street, Bellevue

Registration details

Legal name
Himalaya Capital Management LLC
Headquarters
1301 2nd Ave, Suite 2100, Seattle, WA 98101
SEC file
801-72763
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Himalaya Capital Management have?

Himalaya Capital Management has 2 clients and manages $21.4 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026

What services does Himalaya Capital Management offer?

Himalaya Capital Management provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Himalaya Capital Management have?

Himalaya Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 21 employees, and 15 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns Himalaya Capital Management?

Himalaya Capital Management’s direct owner is Lu Li (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026

How does Himalaya Capital Management get paid?

Himalaya Capital Management is paid through performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 31 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 157594.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Himalaya Capital Management LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.