HSBC Holdings’s Pinduoduo PDD Stock Holding History
Bought
Maintained
Sold
| Quarter | Market Value | Status | Shares |
Change in Stake | Trade Value | Portfolio Weight | Portfolio Position | |
|---|---|---|---|---|---|---|---|---|
|
2026
Q1 | $366M | Sell |
3,583,390
-1,085,962
| -23% | -$114M | 0.19% | 97 |
|
|
2025
Q4 | $531M | Sell |
4,669,352
-3,738,306
| -44% | -$464M | 0.27% | 63 |
|
|
2025
Q3 | $1.11B | Buy |
8,407,658
+4,082,645
| +94% | +$483M | 0.61% | 21 |
|
|
2025
Q2 | $454M | Buy |
4,325,013
+476,590
| +12% | +$50M | 0.27% | 61 |
|
|
2025
Q1 | $457M | Sell |
3,848,423
-438,985
| -10% | -$50.4M | 0.28% | 58 |
|
|
2024
Q4 | $417M | Sell |
4,287,408
-74,641
| -2% | -$8.68M | 0.24% | 65 |
|
|
2024
Q3 | $590M | Buy |
4,362,049
+447,898
| +11% | +$55M | 0.34% | 46 |
|
|
2024
Q2 | $522M | Buy |
3,914,151
+228,475
| +6% | +$30.9M | 0.32% | 50 |
|
|
2024
Q1 | $430M | Buy |
3,685,676
+812,202
| +28% | +$106M | 0.29% | 59 |
|
|
2023
Q4 | $422M | Buy |
2,873,474
+955,951
| +50% | +$116M | 0.37% | 43 |
|
|
2023
Q3 | $188M | Sell |
1,917,523
-2,599,554
| -58% | -$224M | 0.2% | 86 |
|
|
2023
Q2 | $312M | Sell |
4,517,077
-522,907
| -10% | -$35.9M | 0.32% | 53 |
|
|
2023
Q1 | $382M | Buy |
5,039,984
+265,158
| +6% | +$24M | 0.46% | 38 |
|
|
2022
Q4 | $389M | Sell |
4,774,826
-2,208,466
| -32% | -$154M | 0.45% | 34 |
|
|
2022
Q3 | $439M | Buy |
6,983,292
+4,878,850
| +232% | +$284M | 0.72% | 16 |
|
|
2022
Q2 | $131M | Sell |
2,104,442
-26,234
| -1% | -$1.23M | 0.18% | 92 |
|
|
2022
Q1 | $86.2M | Buy |
2,130,676
+240,159
| +13% | +$12.3M | 0.1% | 168 |
|
|
2021
Q4 | $111M | Buy |
1,890,517
+1,082,029
| +134% | +$85.3M | 0.1% | 168 |
|
|
2021
Q3 | $73.4M | Sell |
808,488
-278,201
| -26% | -$27.1M | 0.07% | 232 |
|
|
2021
Q2 | $138M | Sell |
1,086,689
-172,332
| -14% | -$22.4M | 0.15% | 114 |
|
|
2021
Q1 | $169M | Sell |
1,259,021
-9,760,722
| -89% | -$1.65B | 0.2% | 102 |
|
|
2020
Q4 | $1.96B | Buy |
11,019,743
+979,493
| +10% | +$117M | 2.61% | 5 |
|
|
2020
Q3 | $745M | Sell |
10,040,250
-1,776,553
| -15% | -$152M | 1.19% | 8 |
|
|
2020
Q2 | $1.01B | Buy |
11,816,803
+1,370,617
| +13% | +$82.5M | 1.93% | 5 |
|
|
2020
Q1 | $376M | Sell |
10,446,186
-1,358,662
| -12% | -$49.6M | 0.87% | 10 |
|
|
2019
Q4 | $446M | Buy |
11,804,848
+635,375
| +6% | +$23.7M | 0.78% | 11 |
|
|
2019
Q3 | $360M | Sell |
11,169,473
-180,239
| -2% | -$4.81M | 0.67% | 13 |
|
|
2019
Q2 | $234M | Buy |
11,349,712
+9,610,558
| +553% | +$208M | 0.44% | 35 |
|
|
2019
Q1 | $43.1M | Sell |
1,739,154
-3,952,951
| -69% | -$106M | 0.08% | 252 |
|
|
2018
Q4 | $128M | Buy |
5,692,105
+5,673,896
| +31,160% | +$120M | 0.24% | 79 |
|
|
2018
Q3 | $479K | Buy |
+18,209
| New | +$393K | ﹤0.01% | 2053 |
|
Other funds holding PDD
VCM
HHII
HH
NI
SUT
HSBC Holdings's PDD Position: Q1 2026 in Review
HSBC Holdings reduced its Pinduoduo (PDD) stake by 23% in Q1 2026, selling an estimated $114M and leaving 3,583,390 shares worth $366M. The position accounts for 0.19% of the portfolio, ranked #97.
HSBC Holdings first reported a position in PDD in Q3 2018 and has held it in 31 quarters since. The position peaked at $1.96B in Q4 2020. 563 funds tracked by Wall St. Rank hold PDD as of Q1 2026.
- HSBC Holdings held 3,583,390 shares of Pinduoduo worth $366M as of Q1 2026.
- HSBC Holdings sold 1,085,962 Pinduoduo shares in Q1 2026, an estimated $114M.
- Pinduoduo made up 0.19% of HSBC Holdings's portfolio in Q1 2026, its #97 holding.
- HSBC Holdings first reported a position in Pinduoduo in Q3 2018 and has held it in 31 quarters since.
- HSBC Holdings's Pinduoduo position peaked at $1.96B in Q4 2020.
- 563 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.
Based on HSBC Holdings's 13F filing for Q1 2026, filed 30 Apr 2026.