Dan Bin
Hold great businesses for the long run and let time compound. Prefers consumer leaders with pricing power and brand/culture moats; believes "roughly right beats precisely wrong," downplaying timing in favor of the business's own compounding.
One of China's best-known long-term value investors; founded Eastern Bay in 2004. Famous for "holding great companies through time," with long-standing conviction in consumer leaders like Kweichow Moutai. Author of Roses of Time; in recent years openly embraced AI assets such as NVIDIA.
Dan Bin's offshore vehicle, Oriental Harbor Investment Master Fund, files a quarterly U.S. SEC 13F — the verifiable window into his book. Weights and quarterly changes below are from the latest filing (as of Jun 30, 2026). The book was overhauled this quarter: Apple, Tesla, the 3x Nasdaq ETF and Alphabet Class A were exited outright, while seven semiconductor/optical names — Intel, SanDisk, AMD, Marvell, ARM, Broadcom and Lumentum — were bought new and Micron was doubled, pivoting the portfolio from mega-cap tech plus leveraged Nasdaq into the semiconductor supply chain. His signature A-share conviction, Kweichow Moutai, is too small to surface in any company's top-10 holders and is shown separately as philosophy, not a filing-verified position. Judge for yourself; don't copy.
Holdings & weights
Q2 2026 · 13F (as of Jun 30, 2026)Weights are by market value, from real 13F / daily disclosure. This is a snapshot and will change — see live: Oriental Harbor 13F · whalewisdom
Still the #1 holding, but cut 13% this quarter with the Class A leg exited outright — total Alphabet exposure down from ~37% to 22%.
Analyze through a master's lensThe quarter's boldest move — straight in as the #2 position. For an investor who normally buys only proven leaders, a large stake in a turnaround-stage Intel is a rare contrarian bet.
Analyze through a master's lensThe AI-compute flagship he once called a once-in-a-lifetime trade; trimmed 16% but still a top-three position.
Analyze through a master's lensA new buy this quarter — alongside Micron, a bet on the memory cycle.
Analyze through a master's lensDoubled the share count, promoting it from a 2.18% starter to a core holding — the main leg of his memory thesis.
Analyze through a master's lensA new compute position that, with Intel, spreads his bet beyond the NVIDIA camp.
Analyze through a master's lensA new position in custom silicon and data-center interconnect.
Analyze through a master's lensThe foundry leader he opened last quarter, cut 35% this time.
Analyze through a master's lensCut from a 6.91% core holding to just 241 shares — effectively exited.
Analyze through a master's lensHis long-term A-share conviction and the face of his "Roses of Time" thesis; too small to surface in any top-10 holder list, and not in the U.S. 13F.
Analyze through a master's lensIn their own words
Time is the friend of the great business and the enemy of the mediocre one.
Vaguely right beats precisely wrong.
Where to follow them
Primary sources. Read the original — don't settle for second-hand summaries.
Keep exploring
More people with a similar playbook
