Hudson Bay Capital Management
PDD icon

Hudson Bay Capital Management’s Pinduoduo PDD Stock Holding History

Hudson Bay 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
2025
Q3 		– Sell
-8,000
Closed -$837K – 1572
2025
Q2 		$837K Sell
8,000
-19,200
-71% -$2.01M ﹤0.01% 994
2025
Q1 		$3.22M Buy
+27,200
New +$3.12M 0.01% 708
2024
Q1 		– Sell
-58,000
Closed -$8.49M – 848
2023
Q4 		$8.49M Buy
+58,000
New +$7.03M 0.05% 209

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Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
HHII
H&H International Investment Palo Alto, California $20B AUM 9.66% 1-Year Est. Return
HA
HHLR Advisors Grand Cayman, Cayman Islands $1.67B AUM 7.53% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.62B AUM 5.91% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $935B AUM

Hudson Bay Capital Management's PDD Position: Q4 2025 in Review

Hudson Bay Capital Management sold out of Pinduoduo (PDD) in Q4 2025, closing a stake of 9,186 shares — an estimated $1.21M sold.

Hudson Bay Capital Management first reported a position in PDD in Q1 2025 and held it in 3 quarters. The position peaked at $47.9M in Q1 2025. 574 funds tracked by Wall St. Rank hold PDD as of Q4 2025.

  • Hudson Bay Capital Management reported no remaining Pinduoduo position as of Q4 2025 after selling out during the quarter.
  • Hudson Bay Capital Management sold 9,186 Pinduoduo shares in Q4 2025, an estimated $1.21M.
  • Hudson Bay Capital Management first reported a position in Pinduoduo in Q1 2025 and held it in 3 quarters.
  • Hudson Bay Capital Management's Pinduoduo position peaked at $47.9M in Q1 2025.
  • 574 funds tracked by Wall St. Rank held Pinduoduo as of Q4 2025.

Based on Hudson Bay Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.