Alpine Investment Management’s Pinduoduo PDD Stock Holding History

Alpine Investment Management’s Portfolio PDD Stock Details PDD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.64M	Sell	94,336 -211,862	-69%	-$22.3M	2.41%	7
2025 Q4	$34.7M	Buy	+306,198	New	+$38M	9.03%	4
2025 Q3	–	Sell	-900,000	Closed	-$107M	–	9
2025 Q2	$94.2M	Buy	+900,000	New	+$94.4M	28.42%	1
2025 Q1	–	Sell	-400,000	Closed	-$45.9M	–	17
2024 Q4	$38.8M	Buy	+400,000	New	+$46.5M	10.97%	2
2024 Q3	–	Sell	-605,000	Closed	-$74.3M	–	15
2024 Q2	$80.4M	Buy	605,000 +30,000	+5%	+$4.06M	10.74%	3
2024 Q1	$66.8M	Buy	+575,000	New	+$75.3M	7.7%	3
2023 Q3	–	Sell	-925,000	Closed	-$64M	–	17
2023 Q2	$64M	Sell	925,000 -325,000	-26%	-$22.3M	14.99%	3
2023 Q1	$94.9M	Buy	+1,250,000	New	+$113M	13.56%	3

Other funds holding PDD

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

HHII

H&H International Investment Palo Alto, California $20B AUM 9.66% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

HSG Holding Na, Hong Kong $1.62B AUM 5.91% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

NetEase Inc Hangzhou, China $934M AUM 11.31% 1-Year Est. Return

SUT

SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return

Alpine Investment Management's PDD Position: Q1 2026 in Review

Alpine Investment Management reduced its Pinduoduo (PDD) stake by 69% in Q1 2026, selling an estimated $22.3M and leaving 94,336 shares worth $9.64M. The position accounts for 2.41% of the portfolio, ranked #7.

Alpine Investment Management first reported a position in PDD in Q1 2023 and has held it in 8 quarters since. The position peaked at $94.9M in Q1 2023. 564 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

Alpine Investment Management held 94,336 shares of Pinduoduo worth $9.64M as of Q1 2026.
Alpine Investment Management sold 211,862 Pinduoduo shares in Q1 2026, an estimated $22.3M.
Pinduoduo made up 2.41% of Alpine Investment Management's portfolio in Q1 2026, its #7 holding.
Alpine Investment Management first reported a position in Pinduoduo in Q1 2023 and has held it in 8 quarters since.
Alpine Investment Management's Pinduoduo position peaked at $94.9M in Q1 2023.
564 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Alpine Investment Management's 13F filing for Q1 2026, filed 15 May 2026.