Granite Point Capital Management’s Pinduoduo PDD Stock Holding History

Granite Point Capital 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
2023 Q1	–	Sell	-37,000	Closed	-$3.02M	–	84
2022 Q4	$3.02M	Buy	+37,000	New	+$2.58M	1.93%	14
2021 Q4	–	Sell	-26,000	Closed	-$2.36M	–	150
2021 Q3	$2.36M	Buy	26,000 +16,000	+160%	+$1.56M	0.18%	54
2021 Q2	$1.27M	Buy	10,000 +5,000	+100%	+$650K	0.05%	107
2021 Q1	$669K	Buy	+5,000	New	+$844K	0.03%	160
2019 Q2	–	Sell	-55,000	Closed	-$1.36M	–	107
2019 Q1	$1.36M	Buy	+55,000	New	+$1.48M	0.13%	57
2018 Q4	–	Sell	-10,000	Closed	-$263K	–	118
2018 Q3	$263K	Buy	+10,000	New	+$216K	0.02%	112

Other funds holding PDD

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

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

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

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

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

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

ICVCFIA

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

Granite Point Capital Management's PDD Position: Q1 2023 in Review

Granite Point Capital Management sold out of Pinduoduo (PDD) in Q1 2023, closing a stake of 37,000 shares — an estimated $3.02M sold.

Granite Point Capital Management first reported a position in PDD in Q3 2018 and held it in 6 quarters. The position peaked at $3.02M in Q4 2022. 467 funds tracked by Wall St. Rank hold PDD as of Q1 2023.

Granite Point Capital Management reported no remaining Pinduoduo position as of Q1 2023 after selling out during the quarter.
Granite Point Capital Management sold 37,000 Pinduoduo shares in Q1 2023, an estimated $3.02M.
Granite Point Capital Management first reported a position in Pinduoduo in Q3 2018 and held it in 6 quarters.
Granite Point Capital Management's Pinduoduo position peaked at $3.02M in Q4 2022.
467 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2023.

Based on Granite Point Capital Management's 13F filing for Q1 2023, filed 11 May 2023.