Lazard Asset Management
PDD icon

Lazard Asset Management’s Pinduoduo PDD Stock Holding History

Lazard Asset 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
Q1 		$82.2M Buy
804,411
+19,513
+2% +$2.05M 0.14% 161
2025
Q4 		$89M Buy
784,898
+66,942
+9% +$8.31M 0.15% 151
2025
Q3 		$94.9M Buy
717,956
+67,805
+10% +$8.03M 0.13% 145
2025
Q2 		$68M Sell
650,151
-78,805
-11% -$8.27M 0.09% 183
2025
Q1 		$86.3M Buy
728,956
+1,832
+0.3% +$210K 0.13% 130
2024
Q4 		$70.5M Sell
727,124
-10,024
-1% -$1.17M 0.1% 153
2024
Q3 		$99.4M Buy
737,148
+79,791
+12% +$9.81M 0.13% 124
2024
Q2 		$87.4M Buy
657,357
+109,476
+20% +$14.8M 0.11% 143
2024
Q1 		$63.7M Sell
547,881
-5,739
-1% -$752K 0.08% 190
2023
Q4 		$81M Buy
553,620
+42,019
+8% +$5.1M 0.1% 154
2023
Q3 		$50.2M Buy
511,601
+100,606
+24% +$8.67M 0.07% 208
2023
Q2 		$28.4M Buy
410,995
+214,545
+109% +$14.7M 0.04% 318
2023
Q1 		$14.9M Sell
196,450
-167,596
-46% -$15.1M 0.02% 497
2022
Q4 		$29.7M Buy
364,046
+17,840
+5% +$1.24M 0.04% 317
2022
Q3 		$21.7M Buy
346,206
+82,086
+31% +$4.77M 0.03% 389
2022
Q2 		$16.3M Buy
264,120
+110,186
+72% +$5.16M 0.02% 485
2022
Q1 		$6.17M Sell
153,934
-19,723
-11% -$1.01M 0.01% 724
2021
Q4 		$10.1M Sell
173,657
-16,250
-9% -$1.28M 0.01% 626
2021
Q3 		$17.2M Buy
189,907
+20,729
+12% +$2.02M 0.02% 518
2021
Q2 		$21.5M Buy
169,178
+64,175
+61% +$8.34M 0.02% 448
2021
Q1 		$14.1M Buy
105,003
+9,228
+10% +$1.56M 0.02% 488
2020
Q4 		$17M Buy
95,775
+18,842
+24% +$2.25M 0.02% 443
2020
Q3 		$5.7M Buy
76,933
+64,192
+504% +$5.5M 0.01% 585
2020
Q2 		$1.09M Buy
12,741
+8,925
+234% +$537K ﹤0.01% 746
2020
Q1 		$137K Buy
3,816
+3,635
+2,008% +$133K ﹤0.01% 953
2019
Q4 		$6K Hold
181
– – ﹤0.01% 1422
2019
Q3 		$5K Hold
181
– – ﹤0.01% 1357
2019
Q2 		$3K Hold
181
– – ﹤0.01% 1176
2019
Q1 		$4K Buy
+181
New +$4.86K ﹤0.01% 1115

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

Lazard Asset Management's PDD Position: Q1 2026 in Review

Lazard Asset Management increased its Pinduoduo (PDD) stake by 2.5% in Q1 2026, buying an estimated $2.05M and bringing the position to 804,411 shares worth $82.2M. The position accounts for 0.14% of the portfolio, ranked #161.

Lazard Asset Management first reported a position in PDD in Q1 2019 and has held it in 29 quarters since. The position peaked at $99.4M in Q3 2024. 564 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Lazard Asset Management held 804,411 shares of Pinduoduo worth $82.2M as of Q1 2026.
  • Lazard Asset Management bought 19,513 Pinduoduo shares in Q1 2026, an estimated $2.05M.
  • Pinduoduo made up 0.14% of Lazard Asset Management's portfolio in Q1 2026, its #161 holding.
  • Lazard Asset Management first reported a position in Pinduoduo in Q1 2019 and has held it in 29 quarters since.
  • Lazard Asset Management's Pinduoduo position peaked at $99.4M in Q3 2024.
  • 564 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Lazard Asset Management's 13F filing for Q1 2026, filed 15 May 2026.