Himalaya Capital Management has a tightly packed stock portfolio with only four companies on the list. But make no mistake, the Seattle-based hedge fund is not joking when it comes to investing. In the third quarter of 2020, the firm upgraded its stake significantly by 188 percent when it purchased an additional 722,100 shares.
Facebook now accounts for 26.5 percent of the firm’s holdings. However, the Mark Zuckerberg-founded platform isn’t Himalaya Capital’s biggest investment; its largest pick is computer memory maker Micron Technologies, which makes for 40 percent of its portfolio.
