Franchise GP’s Pinduoduo PDD Stock Holding History

Franchise GP’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	$38M	Hold	497,860	–	–	17.64%	1
2026 Q1	$50.9M	Buy	497,860 +195,400	+65%	+$20.5M	18.71%	2
2025 Q4	$34.3M	Buy	+302,460	New	+$37.6M	38.64%	1

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

HSG Holding Na, Hong Kong $1.2B AUM 23% 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

FBIL

First Beijing Investment Ltd Hong Kong $2.44B AUM 18.47% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return

Sanders Capital West Palm Beach, Florida $99.8B AUM 47.9% 1-Year Est. Return

Franchise GP's PDD Position: Q2 2026 in Review

Franchise GP held its Pinduoduo (PDD) position steady in Q2 2026 at 497,860 shares worth $38M. The position accounts for 17.64% of the portfolio, ranked #1.

Franchise GP first reported a position in PDD in Q4 2025 and has held it in 3 quarters since. The position peaked at $50.9M in Q1 2026. 389 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

Franchise GP held 497,860 shares of Pinduoduo worth $38M as of Q2 2026.
Franchise GP left its Pinduoduo share count unchanged in Q2 2026.
Pinduoduo made up 17.64% of Franchise GP's portfolio in Q2 2026, its #1 holding.
Franchise GP first reported a position in Pinduoduo in Q4 2025 and has held it in 3 quarters since.
Franchise GP's Pinduoduo position peaked at $50.9M in Q1 2026.
389 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Franchise GP's 13F filing for Q2 2026, filed 22 Jul 2026.