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Aspex Management (HK)’s Pinduoduo PDD Stock Holding History

Aspex Management (HK)’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 		– Sell
-3,109,525
Closed -$353M – 30
2025
Q4 		$353M Sell
3,109,525
-62,808
-2% -$7.8M 7.13% 5
2025
Q3 		$419M Buy
+3,172,333
New +$376M 8.88% 4
2024
Q3 		– Sell
-1,531,867
Closed -$204M – 38
2024
Q2 		$204M Buy
1,531,867
+881,502
+136% +$119M 4.35% 8
2024
Q1 		$75.6M Sell
650,365
-834,046
-56% -$109M 2.02% 15
2023
Q4 		$217M Buy
1,484,411
+350,000
+31% +$42.4M 6.36% 6
2023
Q3 		$111M Buy
+1,134,411
New +$97.7M 3.42% 12
2023
Q2 		– Sell
-775,000
Closed -$58.8M – 34
2023
Q1 		$58.8M Buy
+775,000
New +$70M 1.44% 16
2022
Q4 		– Sell
-1,000,000
Closed -$62.6M – 32
2022
Q3 		$62.6M Buy
+1,000,000
New +$58.1M 1.85% 16
2021
Q2 		– Sell
-976,900
Closed -$131M – 26
2021
Q1 		$131M Sell
976,900
-23,100
-2% -$3.9M 5.18% 8
2020
Q4 		$178M Buy
+1,000,000
New +$120M 7.01% 5
2020
Q2 		– Sell
-1,650,420
Closed -$59.5M – 17
2020
Q1 		$59.5M Buy
+1,650,420
New +$60.2M 8.24% 4

Other funds holding PDD

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Baillie Gifford & Co
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
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
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.62B AUM 5.91% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
NI
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

Aspex Management (HK)'s PDD Position: Q1 2026 in Review

Aspex Management (HK) sold out of Pinduoduo (PDD) in Q1 2026, closing a stake of 3,109,525 shares — an estimated $353M sold.

Aspex Management (HK) first reported a position in PDD in Q1 2020 and held it in 11 quarters. The position peaked at $419M in Q3 2025. 563 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Aspex Management (HK) reported no remaining Pinduoduo position as of Q1 2026 after selling out during the quarter.
  • Aspex Management (HK) sold 3,109,525 Pinduoduo shares in Q1 2026, an estimated $353M.
  • Aspex Management (HK) first reported a position in Pinduoduo in Q1 2020 and held it in 11 quarters.
  • Aspex Management (HK)'s Pinduoduo position peaked at $419M in Q3 2025.
  • 563 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Aspex Management (HK)'s 13F filing for Q1 2026, filed 15 May 2026.