Discovery Value Fund’s Pinduoduo PDD Stock Holding History

Discovery Value Fund’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
2021 Q1	–	Sell	-2,302,795	Closed	-$409M	–	24
2020 Q4	$409M	Sell	2,302,795 -157,963	-6%	-$18.9M	9.6%	5
2020 Q3	$182M	Sell	2,460,758 -608,573	-20%	-$52.2M	5.4%	7
2020 Q2	$263M	Buy	3,069,331 +2,203,319	+254%	+$133M	10.52%	5
2020 Q1	$31.2M	Buy	+866,012	New	+$31.6M	2.9%	8

Other funds holding PDD

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HHLR Advisors Grand Cayman, Cayman Islands $1.67B AUM 7.53% 1-Year Est. Return

ICVCFIA

IDG China Venture Capital Fund IV Associates Hong Kong $219M AUM 12.33% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Discovery Value Fund's PDD Position: Q1 2021 in Review

Discovery Value Fund sold out of Pinduoduo (PDD) in Q1 2021, closing a stake of 2,302,795 shares — an estimated $409M sold.

Discovery Value Fund first reported a position in PDD in Q1 2020 and held it in 4 quarters. The position peaked at $409M in Q4 2020. 441 funds tracked by Wall St. Rank hold PDD as of Q1 2021.

Discovery Value Fund reported no remaining Pinduoduo position as of Q1 2021 after selling out during the quarter.
Discovery Value Fund sold 2,302,795 Pinduoduo shares in Q1 2021, an estimated $409M.
Discovery Value Fund first reported a position in Pinduoduo in Q1 2020 and held it in 4 quarters.
Discovery Value Fund's Pinduoduo position peaked at $409M in Q4 2020.
441 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2021.

Based on Discovery Value Fund's 13F filing for Q1 2021, filed 13 May 2021.