IDG China Venture Capital Fund IV Associates’s Pinduoduo PDD Stock Holding History

IDG China Venture Capital Fund IV Associates’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 Q2	$115M	Sell	1,513,394 -235,635	-13%	-$21.8M	78.39%	1
2026 Q1	$179M	Hold	1,749,029	–	–	81.52%	1
2025 Q4	$198M	Sell	1,749,029 -248,967	-12%	-$30.9M	84.94%	1
2025 Q3	$264M	Sell	1,997,996 -632,986	-24%	-$74.9M	55.43%	1
2025 Q2	$275M	Hold	2,630,982	–	–	67.48%	1
2025 Q1	$311M	Sell	2,630,982 -279,448	-10%	-$32.1M	77.25%	1
2024 Q4	$282M	Sell	2,910,430 -177,300	-6%	-$20.6M	65.53%	1
2024 Q3	$416M	Sell	3,087,730 -149,314	-5%	-$18.3M	99.21%	1
2024 Q2	$430M	Sell	3,237,044 -519,823	-14%	-$70.4M	98.57%	1
2024 Q1	$437M	Sell	3,756,867 -931,533	-20%	-$122M	98.63%	1
2023 Q4	$686M	Sell	4,688,400 -3,017,145	-39%	-$366M	98.79%	1
2023 Q3	$756M	Sell	7,705,545 -477,969	-6%	-$41.2M	98.71%	1
2023 Q2	$566M	Sell	8,183,514 -140,430	-2%	-$9.65M	98.05%	1
2023 Q1	$632M	Hold	8,323,944	–	–	98.09%	1
2022 Q4	$679M	Hold	8,323,944	–	–	98.63%	1
2022 Q3	$521M	Hold	8,323,944	–	–	98.14%	1
2022 Q2	$514M	Hold	8,323,944	–	–	98.36%	1
2022 Q1	$334M	Hold	8,323,944	–	–	95.86%	1
2021 Q4	$485M	Hold	8,323,944	–	–	97%	1
2021 Q3	$755M	Hold	8,323,944	–	–	97.5%	1
2021 Q2	$1.06B	Hold	8,323,944	–	–	92.62%	1
2021 Q1	$1.11B	Hold	8,323,944	–	–	89.2%	1
2020 Q4	$1.48B	Sell	8,323,944 -1,356,345	-14%	-$162M	88.76%	1
2020 Q3	$718M	Hold	9,680,289	–	–	88.55%	1
2020 Q2	$831M	Hold	9,680,289	–	–	96.86%	1
2020 Q1	$349M	Hold	9,680,289	–	–	96.34%	1
2019 Q4	$366M	Buy	+9,680,289	New	+$361M	97.01%	1

Other funds holding PDD

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

HHII

H&H International Investment Palo Alto, California $19.1B AUM 27.41% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return

HCM

Himalaya Capital Management Seattle, Washington $3.7B AUM 39.18% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

NetEase Inc Hangzhou, China $765M AUM 24.08% 1-Year Est. Return

IDG China Venture Capital Fund IV Associates's PDD Position: Q2 2026 in Review

IDG China Venture Capital Fund IV Associates reduced its Pinduoduo (PDD) stake by 13% in Q2 2026, selling an estimated $21.8M and leaving 1,513,394 shares worth $115M. The position accounts for 78.39% of the portfolio, ranked #1.

IDG China Venture Capital Fund IV Associates first reported a position in PDD in Q4 2019 and has held it in 27 quarters since. The position peaked at $1.48B in Q4 2020. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

IDG China Venture Capital Fund IV Associates held 1,513,394 shares of Pinduoduo worth $115M as of Q2 2026.
IDG China Venture Capital Fund IV Associates sold 235,635 Pinduoduo shares in Q2 2026, an estimated $21.8M.
Pinduoduo made up 78.39% of IDG China Venture Capital Fund IV Associates's portfolio in Q2 2026, its #1 holding.
IDG China Venture Capital Fund IV Associates first reported a position in Pinduoduo in Q4 2019 and has held it in 27 quarters since.
IDG China Venture Capital Fund IV Associates's Pinduoduo position peaked at $1.48B in Q4 2020.
509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on IDG China Venture Capital Fund IV Associates's 13F filing for Q2 2026, filed 7 Aug 2026.