HSBC Holdings’s Pinduoduo PDD Stock Holding History

HSBC Holdings’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 Q1	$7.83M	Buy	76,700 +9,700	+14%	+$1.02M	﹤0.01%	996
2025 Q4	$7.6M	Buy	+67,000	New	+$8.32M	﹤0.01%	1051
2025 Q2	–	Sell	-8,100	Closed	-$962K	–	3191
2025 Q1	$962K	Sell	8,100 -36,600	-82%	-$4.2M	﹤0.01%	1770
2024 Q4	$4.36M	Buy	44,700 +23,300	+109%	+$2.71M	﹤0.01%	1186
2024 Q3	$2.91M	Buy	+21,400	New	+$2.63M	﹤0.01%	1301
2023 Q3	–	Sell	-47,500	Closed	-$3.28M	–	2806
2023 Q2	$3.28M	Buy	+47,500	New	+$3.26M	﹤0.01%	1233
2022 Q3	–	Sell	-28,100	Closed	-$1.75M	–	3186
2022 Q2	$1.75M	Buy	+28,100	New	+$1.32M	﹤0.01%	1647
2021 Q1	–	Sell	-9,300	Closed	-$1.63M	–	3028
2020 Q4	$1.63M	Buy	+9,300	New	+$1.11M	﹤0.01%	1417
2019 Q1	–	Sell	-34	Closed	-$1K	–	2850
2018 Q4	$1K	Buy	+34	New	+$717	﹤0.01%	2609

Other funds holding PDD

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

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

HHII

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

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

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

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

NetEase Inc Hangzhou, China $934M AUM 11.31% 1-Year Est. Return

SUT

SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return

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.