HSBC Holdings
PDD icon

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 		$18.3M Buy
179,700
+51,000
+40% +$5.36M 0.01% 764
2025
Q4 		$14.6M Sell
128,700
-3,777,800
-97% -$469M 0.01% 843
2025
Q3 		$513M Buy
3,906,500
+3,852,700
+7,161% +$456M 0.28% 53
2025
Q2 		$5.64M Sell
53,800
-12,000
-18% -$1.26M ﹤0.01% 1105
2025
Q1 		$7.81M Buy
65,800
+34,500
+110% +$3.96M ﹤0.01% 969
2024
Q4 		$3.05M Sell
31,300
-2,300
-7% -$268K ﹤0.01% 1307
2024
Q3 		$4.57M Buy
+33,600
New +$4.13M ﹤0.01% 1147
2023
Q4 		– Sell
-543,760
Closed -$53.3M – 2866
2023
Q3 		$53.3M Buy
543,760
+539,060
+11,469% +$46.4M 0.06% 349
2023
Q2 		$324K Buy
+4,700
New +$323K ﹤0.01% 2120
2023
Q1 		– Sell
-54,400
Closed -$4.42M – 2953
2022
Q4 		$4.42M Buy
+54,400
New +$3.79M 0.01% 1307

Other funds holding PDD

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Baillie Gifford & Co
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
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
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.62B AUM 5.91% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
NI
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.