Marshall Wace
PDD icon

Marshall Wace’s Pinduoduo PDD Stock Holding History

Marshall Wace’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 		$2.38M Buy
23,300
+14,200
+156% +$1.49M ﹤0.01% 1685
2025
Q4 		$1.03M Buy
9,100
+6,300
+225% +$782K ﹤0.01% 1908
2025
Q3 		$370K Sell
2,800
-6,900
-71% -$817K ﹤0.01% 2350
2025
Q2 		$1.02M Sell
9,700
-37,500
-79% -$3.93M ﹤0.01% 1845
2025
Q1 		$5.59M Sell
47,200
-251,200
-84% -$28.8M 0.01% 1009
2024
Q4 		$28.9M Buy
298,400
+298,300
+298,300% +$34.7M 0.03% 434
2024
Q3 		$13.5K Sell
100
-76,800
-100% -$9.44M ﹤0.01% 2437
2024
Q2 		$10.2M Buy
76,900
+72,300
+1,572% +$9.79M 0.01% 718
2024
Q1 		$638K Buy
4,600
+100
+2% +$13.1K ﹤0.01% 1838
2023
Q4 		$658K Buy
+4,500
New +$546K ﹤0.01% 1617
2023
Q1 		– Sell
-76,100
Closed -$6.21M – 2997
2022
Q4 		$6.21M Buy
76,100
+6,100
+9% +$425K 0.01% 1052
2022
Q3 		$4.38M Buy
+70,000
New +$4.07M 0.01% 1461

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

Marshall Wace's PDD Position: Q1 2026 in Review

Marshall Wace reduced its Pinduoduo (PDD) stake by 93% in Q1 2026, selling an estimated $440M and leaving 322,585 shares worth $33M. The position accounts for 0.03% of the portfolio, ranked #514.

Marshall Wace first reported a position in PDD in Q4 2018 and has held it in 28 quarters since. The position peaked at $512M in Q4 2025. 563 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Marshall Wace held 322,585 shares of Pinduoduo worth $33M as of Q1 2026.
  • Marshall Wace sold 4,190,079 Pinduoduo shares in Q1 2026, an estimated $440M.
  • Pinduoduo made up 0.03% of Marshall Wace's portfolio in Q1 2026, its #514 holding.
  • Marshall Wace first reported a position in Pinduoduo in Q4 2018 and has held it in 28 quarters since.
  • Marshall Wace's Pinduoduo position peaked at $512M in Q4 2025.
  • 563 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Marshall Wace's 13F filing for Q1 2026, filed 15 May 2026.