Carrhae Capital’s Pinduoduo PDD Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q2
Sell
-515,274
Closed -$52.7M 33
2026
Q1
$52.7M Buy
515,274
+292,620
+131% +$30.8M 1.58% 14
2025
Q4
$25.2M Sell
222,654
-164,270
-42% -$20.4M 0.96% 28
2025
Q3
$51.1M Sell
386,924
-116,671
-23% -$13.8M 3.01% 13
2025
Q2
$52.7M Buy
503,595
+307,158
+156% +$32.2M 3.85% 13
2025
Q1
$23.2M Buy
196,437
+136,217
+226% +$15.6M 1.7% 16
2024
Q4
$5.84M Sell
60,220
-387,740
-87% -$45.1M 0.49% 24
2024
Q3
$60.4M Buy
447,960
+334,881
+296% +$41.2M 6.9% 5
2024
Q2
$15M Buy
113,079
+17,848
+19% +$2.42M 1.73% 17
2024
Q1
$11.1M Buy
95,231
+3,257
+4% +$427K 1.97% 17
2023
Q4
$13.5M Buy
+91,974
New +$11.2M 2.66% 16
2020
Q3
Sell
-69,558
Closed -$5.97M 11
2020
Q2
$5.97M Buy
+69,558
New +$4.18M 3.81% 8

Other funds holding PDD

Carrhae Capital's PDD Position: Q2 2026 in Review

Carrhae Capital sold out of Pinduoduo (PDD) in Q2 2026, closing a stake of 515,274 shares — an estimated $52.7M sold.

Carrhae Capital first reported a position in PDD in Q2 2020 and held it in 11 quarters. The position peaked at $60.4M in Q3 2024. 50 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

  • Carrhae Capital reported no remaining Pinduoduo position as of Q2 2026 after selling out during the quarter.
  • Carrhae Capital sold 515,274 Pinduoduo shares in Q2 2026, an estimated $52.7M.
  • Carrhae Capital first reported a position in Pinduoduo in Q2 2020 and held it in 11 quarters.
  • Carrhae Capital's Pinduoduo position peaked at $60.4M in Q3 2024.
  • 50 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Carrhae Capital's 13F filing for Q2 2026, filed 15 Jul 2026.