Capula Management’s Pinduoduo PDD Stock Holding History

Capula 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	$146M	Buy	1,914,949 +1,897,365	+10,790%	+$175M	0.52%	20
2026 Q1	$1.8M	Sell	17,584 -16,858	-49%	-$1.77M	0.01%	269
2025 Q4	$3.91M	Buy	34,442 +33,442	+3,344%	+$4.15M	0.02%	163
2025 Q3	$132K	Buy	+1,000	New	+$118K	﹤0.01%	684
2025 Q2	–	Sell	-12,841	Closed	-$1.52M	–	805
2025 Q1	$1.52M	Buy	12,841 +8,479	+194%	+$973K	0.01%	212
2024 Q4	$423K	Buy	4,362 +3,813	+695%	+$444K	﹤0.01%	181
2024 Q3	$74K	Buy	+549	New	+$67.5K	﹤0.01%	456
2024 Q1	–	Sell	-39	Closed	-$5.71K	–	571
2023 Q4	$5.71K	Sell	39 -45	-54%	-$5.46K	﹤0.01%	284
2023 Q3	$8.24K	Sell	84 -4,402	-98%	-$379K	﹤0.01%	500
2023 Q2	$310K	Sell	4,486 -7,292	-62%	-$501K	0.01%	361
2023 Q1	$894K	Buy	+11,778	New	+$1.06M	0.01%	369
2021 Q4	–	Sell	-11,838	Closed	-$1.07M	–	625
2021 Q3	$1.07M	Buy	11,838 +7,105	+150%	+$691K	0.01%	515
2021 Q2	$601K	Buy	+4,733	New	+$615K	0.01%	426

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

Capula Management's PDD Position: Q2 2026 in Review

Capula Management increased its Pinduoduo (PDD) stake by 10,790% in Q2 2026, buying an estimated $175M and bringing the position to 1,914,949 shares worth $146M. The position accounts for 0.52% of the portfolio, ranked #20.

Capula Management first reported a position in PDD in Q2 2021 and has held it in 13 quarters since. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

Capula Management held 1,914,949 shares of Pinduoduo worth $146M as of Q2 2026.
Capula Management bought 1,897,365 Pinduoduo shares in Q2 2026, an estimated $175M.
Pinduoduo made up 0.52% of Capula Management's portfolio in Q2 2026, its #20 holding.
Capula Management first reported a position in Pinduoduo in Q2 2021 and has held it in 13 quarters since.
509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

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