Indus Capital Partners’s Pinduoduo PDD Stock Holding History

Indus Capital Partners’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 Q2	–	Sell	-9,700	Closed	-$1.15M	–	6
2025 Q1	$1.15M	Hold	9,700	–	–	1.08%	4
2024 Q4	$941K	Buy	+9,700	New	+$1.13M	0.68%	5
2022 Q4	–	Sell	-85,448	Closed	-$5.35M	–	16
2022 Q3	$5.35M	Buy	+85,448	New	+$4.97M	3.88%	8
2019 Q4	–	Sell	-127,440	Closed	-$4.11M	–	42
2019 Q3	$4.11M	Buy	127,440 +82,340	+183%	+$2.2M	0.68%	28
2019 Q2	$930K	Buy	45,100 +21,200	+89%	+$459K	0.15%	33
2019 Q1	$593K	Buy	+23,900	New	+$641K	0.08%	35

Other funds holding PDD

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

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

SUT

SC US (TTGP) Menlo Park, California $31.9B AUM 28.45% 1-Year Est. Return

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

UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Indus Capital Partners's PDD Position: Q2 2025 in Review

Indus Capital Partners sold out of Pinduoduo (PDD) in Q2 2025, closing a stake of 9,700 shares — an estimated $1.15M sold.

Indus Capital Partners first reported a position in PDD in Q1 2019 and held it in 6 quarters. The position peaked at $5.35M in Q3 2022. 537 funds tracked by Wall St. Rank hold PDD as of Q2 2025.

Indus Capital Partners reported no remaining Pinduoduo position as of Q2 2025 after selling out during the quarter.
Indus Capital Partners sold 9,700 Pinduoduo shares in Q2 2025, an estimated $1.15M.
Indus Capital Partners first reported a position in Pinduoduo in Q1 2019 and held it in 6 quarters.
Indus Capital Partners's Pinduoduo position peaked at $5.35M in Q3 2022.
537 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2025.

Based on Indus Capital Partners's 13F filing for Q2 2025, filed 13 Aug 2025.