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 Q2	$127M	Buy	1,661,600 +1,567,264	+1,661%	+$145M	30.82%	2
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 $6.73T AUM 46.02% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

HHII

H&H International Investment Palo Alto, California $19.1B AUM 27.41% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return

HCM

Himalaya Capital Management Seattle, Washington $3.7B AUM 39.18% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

NetEase Inc Hangzhou, China $765M AUM 24.08% 1-Year Est. Return

Alpine Investment Management's PDD Position: Q2 2026 in Review

Alpine Investment Management increased its Pinduoduo (PDD) stake by 1,661% in Q2 2026, buying an estimated $145M and bringing the position to 1,661,600 shares worth $127M. The position accounts for 30.82% of the portfolio, ranked #2.

Alpine Investment Management first reported a position in PDD in Q1 2023 and has held it in 9 quarters since. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

Alpine Investment Management held 1,661,600 shares of Pinduoduo worth $127M as of Q2 2026.
Alpine Investment Management bought 1,567,264 Pinduoduo shares in Q2 2026, an estimated $145M.
Pinduoduo made up 30.82% of Alpine Investment Management's portfolio in Q2 2026, its #2 holding.
Alpine Investment Management first reported a position in Pinduoduo in Q1 2023 and has held it in 9 quarters since.
509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Alpine Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.