First Manhattan
PDD icon

First Manhattan’s Pinduoduo PDD Stock Holding History

First Manhattan’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
2024
Q3 		– Sell
-610,670
Closed -$81.2M – 692
2024
Q2 		$81.2M Buy
610,670
+10,028
+2% +$1.36M 0.26% 53
2024
Q1 		$69.8M Sell
600,642
-210,653
-26% -$27.6M 0.23% 58
2023
Q4 		$119M Sell
811,295
-99,995
-11% -$12.1M 0.41% 40
2023
Q3 		$89.4M Hold
911,290
– – 0.33% 43
2023
Q2 		$63M Buy
911,290
+100,196
+12% +$6.88M 0.23% 53
2023
Q1 		$61.6M Buy
811,094
+77,754
+11% +$7.03M 0.24% 52
2022
Q4 		$59.8M Sell
733,340
-399,910
-35% -$27.8M 0.22% 51
2022
Q3 		$70.9M Sell
1,133,250
-64,026
-5% -$3.72M 0.3% 45
2022
Q2 		$74M Hold
1,197,276
– – 0.3% 46
2022
Q1 		$48M Buy
1,197,276
+799,506
+201% +$41.1M 0.16% 66
2021
Q4 		$23.2M Buy
+397,770
New +$31.4M 0.08% 108
2020
Q1 		– Sell
-400,000
Closed -$15.1M – 1431
2019
Q4 		$15.1M Buy
+400,000
New +$14.9M 0.08% 128

Other funds holding PDD

Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return
UBS AM
UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return
SUT
SC US (TTGP) Menlo Park, California $31.9B AUM 28.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $1T AUM

First Manhattan's PDD Position: Q3 2024 in Review

First Manhattan sold out of Pinduoduo (PDD) in Q3 2024, closing a stake of 610,670 shares — an estimated $81.2M sold.

First Manhattan first reported a position in PDD in Q4 2019 and held it in 12 quarters. The position peaked at $119M in Q4 2023. 601 funds tracked by Wall St. Rank hold PDD as of Q3 2024.

  • First Manhattan reported no remaining Pinduoduo position as of Q3 2024 after selling out during the quarter.
  • First Manhattan sold 610,670 Pinduoduo shares in Q3 2024, an estimated $81.2M.
  • First Manhattan first reported a position in Pinduoduo in Q4 2019 and held it in 12 quarters.
  • First Manhattan's Pinduoduo position peaked at $119M in Q4 2023.
  • 601 funds tracked by Wall St. Rank held Pinduoduo as of Q3 2024.

Based on First Manhattan's 13F filing for Q3 2024, filed 14 Nov 2024.