Marathon Trading Investment Management’s Pinduoduo PDD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$3.13M	Sell	30,637 -32,349	-51%	-$3.4M	0.93%	53
2025 Q4	$7.14M	Buy	62,986 +23,100	+58%	+$2.87M	0.85%	54
2025 Q3	$5.27M	Buy	39,886 +36,595	+1,112%	+$4.33M	2.24%	44
2025 Q2	$344K	Sell	3,291 -200	-6%	-$21K	0.21%	152
2025 Q1	$413K	Sell	3,491 -6,718	-66%	-$771K	0.22%	156
2024 Q4	$990K	Sell	10,209 -12,991	-56%	-$1.51M	0.16%	126
2024 Q3	$3.13M	Sell	23,200 -106,974	-82%	-$13.1M	1.46%	57
2024 Q2	$17.3M	Buy	+130,174	New	+$17.6M	4.63%	19
2023 Q3	–	Sell	-33,798	Closed	-$2.91M	–	362
2023 Q2	$2.34M	Buy	+33,798	New	+$2.32M	1.45%	65
2022 Q4	–	Sell	-7,487	Closed	-$521K	–	324
2022 Q3	$469K	Buy	+7,487	New	+$435K	0.31%	157
2022 Q2	–	Sell	-26,270	Closed	-$1.23M	–	344
2022 Q1	$1.05M	Buy	26,270 +13,777	+110%	+$708K	0.47%	134
2021 Q4	$728K	Sell	12,493 -106,528	-90%	-$8.4M	0.3%	137
2021 Q3	$10.8M	Buy	119,021 +46,634	+64%	+$4.54M	5.15%	29
2021 Q2	$9.2M	Sell	72,387 -35,500	-33%	-$4.61M	5.02%	32
2021 Q1	$14.4M	Buy	+107,887	New	+$18.2M	9.03%	17
2020 Q4	–	Sell	-8,154	Closed	-$975K	–	443
2020 Q3	$605K	Sell	8,154 -3,715	-31%	-$318K	0.55%	176
2020 Q2	$1.02M	Sell	11,869 -13,131	-53%	-$790K	1.54%	104
2020 Q1	$901K	Buy	+25,000	New	+$913K	1.06%	78
2019 Q4	–	Sell	-20,000	Closed	-$644K	–	222
2019 Q3	$644K	Buy	20,000 +2,323	+13%	+$62.1K	0.62%	121
2019 Q2	$365K	Buy	+17,677	New	+$383K	0.27%	168