Kora Management’s Pinduoduo PDD Stock Holding History

Kora 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
2026 Q2	$37.4M	Hold	490,650	–	–	4.44%	5
2026 Q1	$50.1M	Hold	490,650	–	–	7.15%	4
2025 Q4	$55.6M	Sell	490,650 -113,600	-19%	-$14.1M	7.41%	4
2025 Q3	$79.9M	Buy	604,250 +151,000	+33%	+$17.9M	8.48%	4
2025 Q2	$47.4M	Hold	453,250	–	–	5.83%	5
2025 Q1	$53.6M	Hold	453,250	–	–	7.02%	2
2024 Q4	$44M	Sell	453,250 -85,000	-16%	-$9.89M	5.11%	6
2024 Q3	$72.6M	Buy	538,250 +43,000	+9%	+$5.28M	8.68%	4
2024 Q2	$65.8M	Hold	495,250	–	–	9.05%	4
2024 Q1	$57.6M	Sell	495,250 -66,500	-12%	-$8.71M	11.92%	3
2023 Q4	$82.2M	Sell	561,750 -117,500	-17%	-$14.2M	20.25%	2
2023 Q3	$66.6M	Buy	679,250 +406,500	+149%	+$35M	17.21%	3
2023 Q2	$18.9M	Hold	272,750	–	–	5.08%	5
2023 Q1	$20.7M	Sell	272,750 -136,000	-33%	-$12.3M	4.76%	4
2022 Q4	$33.3M	Sell	408,750 -136,250	-25%	-$9.49M	10.59%	3
2022 Q3	$34.1M	Buy	+545,000	New	+$31.7M	10.2%	3
2020 Q3	–	Sell	-320,000	Closed	-$27.5M	–	8
2020 Q2	$27.5M	Buy	+320,000	New	+$19.3M	3.99%	5

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 $3.37T AUM 44.26% 1-Year Est. Return

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

Kora Management's PDD Position: Q2 2026 in Review

Kora Management held its Pinduoduo (PDD) position steady in Q2 2026 at 490,650 shares worth $37.4M. The position accounts for 4.44% of the portfolio, ranked #5.

Kora Management first reported a position in PDD in Q2 2020 and has held it in 17 quarters since. The position peaked at $82.2M in Q4 2023. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

Kora Management held 490,650 shares of Pinduoduo worth $37.4M as of Q2 2026.
Kora Management left its Pinduoduo share count unchanged in Q2 2026.
Pinduoduo made up 4.44% of Kora Management's portfolio in Q2 2026, its #5 holding.
Kora Management first reported a position in Pinduoduo in Q2 2020 and has held it in 17 quarters since.
Kora Management's Pinduoduo position peaked at $82.2M in Q4 2023.
509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Kora Management's 13F filing for Q2 2026, filed 14 Aug 2026.