Value investor Li Lu's firm, Himalaya Capital, has completely sold off its stake in Moody's Corporation (MCO), a global risk assessment firm. The exited position consisted of 117,780 shares, which were valued at approximately $51.38 million at the end of the first quarter.
This trade was disclosed in a quarterly 13F filing with the SEC, which details portfolio changes from the period ending June 30, 2026. These filings are released with a delay, so the transactions occurred sometime in the second quarter. No specific reason for the sale has been publicly disclosed by Li Lu or Himalaya Capital.