Fred Alger Management’s Pinduoduo PDD Stock Holding History

Fred Alger 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
2024 Q3	–	Sell	-6,047	Closed	-$804K	–	470
2024 Q2	$804K	Buy	6,047 +1,630	+37%	+$221K	﹤0.01%	362
2024 Q1	$513K	Sell	4,417 -2,483	-36%	-$325K	﹤0.01%	395
2023 Q4	$1.01M	Sell	6,900 -600	-8%	-$72.8K	0.01%	368
2023 Q3	$736K	Buy	7,500 +3,013	+67%	+$260K	﹤0.01%	364
2023 Q2	$310K	Buy	+4,487	New	+$308K	﹤0.01%	419
2023 Q1	–	Sell	-470,494	Closed	-$38.4M	–	556
2022 Q4	$38.4M	Buy	470,494 +236,332	+101%	+$16.5M	0.21%	132
2022 Q3	$14.7M	Buy	+234,162	New	+$13.6M	0.07%	183
2021 Q1	–	Sell	-68,540	Closed	-$12.2M	–	505
2020 Q4	$12.2M	Buy	+68,540	New	+$8.2M	0.03%	226
2019 Q2	–	Sell	-1,706,694	Closed	-$42.3M	–	547
2019 Q1	$42.3M	Buy	+1,706,694	New	+$45.8M	0.17%	127
2018 Q4	–	Sell	-967,665	Closed	-$25.4M	–	560
2018 Q3	$25.4M	Buy	+967,665	New	+$20.9M	0.1%	153

Other funds holding PDD

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return

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 Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Fred Alger Management's PDD Position: Q3 2024 in Review

Fred Alger Management sold out of Pinduoduo (PDD) in Q3 2024, closing a stake of 6,047 shares — an estimated $804K sold.

Fred Alger Management first reported a position in PDD in Q3 2018 and held it in 10 quarters. The position peaked at $42.3M in Q1 2019. 601 funds tracked by Wall St. Rank hold PDD as of Q3 2024.

Fred Alger Management reported no remaining Pinduoduo position as of Q3 2024 after selling out during the quarter.
Fred Alger Management sold 6,047 Pinduoduo shares in Q3 2024, an estimated $804K.
Fred Alger Management first reported a position in Pinduoduo in Q3 2018 and held it in 10 quarters.
Fred Alger Management's Pinduoduo position peaked at $42.3M in Q1 2019.
601 funds tracked by Wall St. Rank held Pinduoduo as of Q3 2024.

Based on Fred Alger Management's 13F filing for Q3 2024, filed 14 Nov 2024.