Brilliance Asset Management’s Pinduoduo PDD Stock Holding History

Brilliance Asset 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	$119M	Buy	1,562,304 +857,815	+122%	+$79.2M	35.12%	1
2026 Q1	$72M	Buy	704,489 +109,315	+18%	+$11.5M	21.23%	1
2025 Q4	$67.5M	Buy	+595,174	New	+$73.9M	26.49%	2
2025 Q1	–	Sell	-646,212	Closed	-$62.7M	–	10
2024 Q4	$62.7M	Buy	646,212 +490,860	+316%	+$57.1M	14.12%	4
2024 Q3	$20.9M	Buy	155,352 +26,232	+20%	+$3.22M	5.36%	7
2024 Q2	$17.2M	Buy	+129,120	New	+$17.5M	4.31%	7
2023 Q4	–	Sell	-293,018	Closed	-$28.7M	–	8
2023 Q3	$28.7M	Sell	293,018 -3,000	-1%	-$258K	7.25%	4
2023 Q2	$20.5M	Buy	296,018 +92,937	+46%	+$6.38M	5.28%	4
2023 Q1	$15.4M	Buy	+203,081	New	+$18.4M	4.62%	4
2021 Q2	–	Sell	-3,212,976	Closed	-$430M	–	10
2021 Q1	$430M	Sell	3,212,976 -245,358	-7%	-$41.4M	19.44%	2
2020 Q4	$614M	Buy	3,458,334 +84,007	+2%	+$10M	24.27%	1
2020 Q3	$250M	Buy	+3,374,327	New	+$289M	16.02%	4
2020 Q1	–	Sell	-63,900	Closed	-$2.42M	–	4
2019 Q4	$2.42M	Buy	+63,900	New	+$2.39M	0.57%	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

Brilliance Asset Management's PDD Position: Q2 2026 in Review

Brilliance Asset Management increased its Pinduoduo (PDD) stake by 122% in Q2 2026, buying an estimated $79.2M and bringing the position to 1,562,304 shares worth $119M. The position accounts for 35.12% of the portfolio, ranked #1.

Brilliance Asset Management first reported a position in PDD in Q4 2019 and has held it in 13 quarters since. The position peaked at $614M in Q4 2020. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

Brilliance Asset Management held 1,562,304 shares of Pinduoduo worth $119M as of Q2 2026.
Brilliance Asset Management bought 857,815 Pinduoduo shares in Q2 2026, an estimated $79.2M.
Pinduoduo made up 35.12% of Brilliance Asset Management's portfolio in Q2 2026, its #1 holding.
Brilliance Asset Management first reported a position in Pinduoduo in Q4 2019 and has held it in 13 quarters since.
Brilliance Asset Management's Pinduoduo position peaked at $614M in Q4 2020.
509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Brilliance Asset Management's 13F filing for Q2 2026, filed 12 Aug 2026.