GAM Holding’s Pinduoduo PDD Stock Holding History

GAM Holding’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
2025 Q4	$2.52M	Sell	22,196 -23,500	-51%	-$2.92M	0.16%	131
2025 Q3	$6.04M	Buy	45,696 +16,500	+57%	+$1.95M	0.37%	74
2025 Q2	$3.06M	Buy	+29,196	New	+$3.06M	0.21%	111
2022 Q3	–	Sell	-31,453	Closed	-$1.94M	–	257
2022 Q2	$1.94M	Sell	31,453 -31,473	-50%	-$1.47M	0.13%	148
2022 Q1	$4.68M	Buy	62,926 +17,764	+39%	+$913K	0.23%	111
2021 Q4	$2.63M	Sell	45,162 -17,438	-28%	-$1.38M	0.12%	155
2021 Q3	$6.53M	Buy	62,600 +2,914	+5%	+$283K	0.3%	99
2021 Q2	$7.67M	Sell	59,686 -42,410	-42%	-$5.51M	0.33%	98
2021 Q1	$13.7M	Buy	102,096 +30,212	+42%	+$5.1M	0.64%	45
2020 Q4	$12.8M	Buy	71,884 +18,867	+36%	+$2.26M	0.76%	37
2020 Q3	$3.93M	Buy	53,017 +3,017	+6%	+$259K	0.24%	133
2020 Q2	$4.29M	Buy	+50,000	New	+$3.01M	0.27%	112
2020 Q1	–	Sell	-54,007	Closed	-$2.04M	–	490
2019 Q4	$2.04M	Sell	54,007 -39,993	-43%	-$1.49M	0.1%	229
2019 Q3	$3.03M	Buy	+94,000	New	+$2.51M	0.13%	177

Other funds holding PDD

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

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

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

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

HHII

H&H International Investment Palo Alto, California $20B AUM 9.66% 1-Year Est. Return

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

HSG Holding Na, Hong Kong $1.62B AUM 5.91% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

GAM Holding's PDD Position: Q4 2025 in Review

GAM Holding reduced its Pinduoduo (PDD) stake by 51% in Q4 2025, selling an estimated $2.92M and leaving 22,196 shares worth $2.52M. The position accounts for 0.16% of the portfolio, ranked #131.

GAM Holding first reported a position in PDD in Q3 2019 and has held it in 14 quarters since. The position peaked at $13.7M in Q1 2021. 574 funds tracked by Wall St. Rank hold PDD as of Q4 2025.

GAM Holding held 22,196 shares of Pinduoduo worth $2.52M as of Q4 2025.
GAM Holding sold 23,500 Pinduoduo shares in Q4 2025, an estimated $2.92M.
Pinduoduo made up 0.16% of GAM Holding's portfolio in Q4 2025, its #131 holding.
GAM Holding first reported a position in Pinduoduo in Q3 2019 and has held it in 14 quarters since.
GAM Holding's Pinduoduo position peaked at $13.7M in Q1 2021.
574 funds tracked by Wall St. Rank held Pinduoduo as of Q4 2025.

Based on GAM Holding's 13F filing for Q4 2025, filed 17 Feb 2026.