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Causeway Capital Management’s Pinduoduo PDD Stock Holding History

Causeway Capital 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 		– Sell
-237,010
Closed -$24.2M – 125
2026
Q1 		$24.2M Sell
237,010
-134,231
-36% -$14.1M 0.3% 60
2025
Q4 		$42.1M Buy
371,241
+61,600
+20% +$7.65M 0.58% 44
2025
Q3 		$40.9M Buy
+309,641
New +$36.7M 0.54% 47
2025
Q2 		– Sell
-105,926
Closed -$12.5M – 105
2025
Q1 		$12.5M Sell
105,926
-340,346
-76% -$39.1M 0.26% 59
2024
Q4 		$43.3M Sell
446,272
-322,505
-42% -$37.5M 0.99% 30
2024
Q3 		$104M Buy
768,777
+24,174
+3% +$2.97M 2.55% 7
2024
Q2 		$99M Buy
744,603
+62,230
+9% +$8.43M 2.7% 4
2024
Q1 		$79.3M Buy
682,373
+24,856
+4% +$3.26M 2.07% 9
2023
Q4 		$96.2M Sell
657,517
-6,380
-1% -$774K 2.45% 6
2023
Q3 		$65.1M Sell
663,897
-164,298
-20% -$14.2M 1.72% 12
2023
Q2 		$57.3M Buy
828,195
+7,277
+0.9% +$500K 1.51% 14
2023
Q1 		$62.3M Buy
820,918
+7,767
+1% +$702K 1.49% 16
2022
Q4 		$66.3M Buy
813,151
+311,839
+62% +$21.7M 1.93% 8
2022
Q3 		$31.4M Buy
501,312
+282,753
+129% +$16.4M 0.88% 30
2022
Q2 		$13.5M Buy
+218,559
New +$10.2M 0.34% 52
2022
Q1 		– Sell
-116,800
Closed -$6.81M – 84
2021
Q4 		$6.81M Buy
116,800
+92,199
+375% +$7.27M 0.15% 66
2021
Q3 		$2.23M Buy
+24,601
New +$2.39M 0.05% 73
2020
Q3 		– Sell
-213,200
Closed -$18.3M – 88
2020
Q2 		$18.3M Buy
+213,200
New +$12.8M 0.33% 50

Other funds holding PDD

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Baillie Gifford & Co
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
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return
HH
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
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
NI
NetEase Inc Hangzhou, China $765M AUM 24.08% 1-Year Est. Return

Causeway Capital Management's PDD Position: Q2 2026 in Review

Causeway Capital Management sold out of Pinduoduo (PDD) in Q2 2026, closing a stake of 237,010 shares — an estimated $24.2M sold.

Causeway Capital Management first reported a position in PDD in Q2 2020 and held it in 18 quarters. The position peaked at $104M in Q3 2024. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

  • Causeway Capital Management reported no remaining Pinduoduo position as of Q2 2026 after selling out during the quarter.
  • Causeway Capital Management sold 237,010 Pinduoduo shares in Q2 2026, an estimated $24.2M.
  • Causeway Capital Management first reported a position in Pinduoduo in Q2 2020 and held it in 18 quarters.
  • Causeway Capital Management's Pinduoduo position peaked at $104M in Q3 2024.
  • 509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Causeway Capital Management's 13F filing for Q2 2026, filed 13 Aug 2026.