Millennium Management
PDD icon

Millennium Management’s Pinduoduo PDD Stock Holding History

Millennium 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 		$25M Sell
244,500
-197,100
-45% -$20.7M 0.01% 1363
2025
Q4 		$50.1M Sell
441,600
-110,600
-20% -$13.7M 0.02% 819
2025
Q3 		$73M Buy
552,200
+231,300
+72% +$27.4M 0.03% 617
2025
Q2 		$33.6M Sell
320,900
-589,300
-65% -$61.8M 0.02% 1096
2025
Q1 		$108M Sell
910,200
-282,600
-24% -$32.4M 0.06% 318
2024
Q4 		$116M Sell
1,192,800
-340,500
-22% -$39.6M 0.06% 340
2024
Q3 		$207M Buy
1,533,300
+1,257,700
+456% +$155M 0.1% 165
2024
Q2 		$36.6M Sell
275,600
-405,800
-60% -$55M 0.02% 1009
2024
Q1 		$79.2M Buy
681,400
+68,700
+11% +$9M 0.03% 576
2023
Q4 		$89.6M Buy
612,700
+11,800
+2% +$1.43M 0.04% 468
2023
Q3 		$58.9M Buy
600,900
+372,300
+163% +$32.1M 0.03% 601
2023
Q2 		$15.8M Buy
228,600
+177,100
+344% +$12.2M 0.01% 1609
2023
Q1 		$3.91M Buy
51,500
+30,000
+140% +$2.71M ﹤0.01% 2825
2022
Q4 		$1.75M Hold
21,500
– – ﹤0.01% 3671
2022
Q3 		$1.34M Sell
21,500
-26,600
-55% -$1.55M ﹤0.01% 4094
2022
Q2 		$2.97M Buy
48,100
+13,400
+39% +$628K ﹤0.01% 3315
2022
Q1 		$1.39M Sell
34,700
-99,400
-74% -$5.11M ﹤0.01% 4201
2021
Q4 		$7.82M Sell
134,100
-255,800
-66% -$20.2M ﹤0.01% 2419
2021
Q3 		$35.4M Buy
389,900
+285,700
+274% +$27.8M 0.02% 863
2021
Q2 		$13.2M Buy
104,200
+30,600
+42% +$3.98M 0.01% 1583
2021
Q1 		$9.85M Buy
+73,600
New +$12.4M 0.01% 1787
2020
Q2 		– Sell
-45,000
Closed -$1.62M – 4492
2020
Q1 		$1.62M Buy
45,000
+39,000
+650% +$1.42M ﹤0.01% 2161
2019
Q4 		$227K Buy
+6,000
New +$224K ﹤0.01% 3813

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

Millennium Management's PDD Position: Q1 2026 in Review

Millennium Management reduced its Pinduoduo (PDD) stake by 61% in Q1 2026, selling an estimated $24.6M and leaving 148,302 shares worth $15.2M. The position accounts for 0.01% of the portfolio, ranked #1783.

Millennium Management first reported a position in PDD in Q3 2018 and has held it in 31 quarters since. The position peaked at $259M in Q2 2024. 564 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Millennium Management held 148,302 shares of Pinduoduo worth $15.2M as of Q1 2026.
  • Millennium Management sold 234,248 Pinduoduo shares in Q1 2026, an estimated $24.6M.
  • Pinduoduo made up 0.01% of Millennium Management's portfolio in Q1 2026, its #1783 holding.
  • Millennium Management first reported a position in Pinduoduo in Q3 2018 and has held it in 31 quarters since.
  • Millennium Management's Pinduoduo position peaked at $259M in Q2 2024.
  • 564 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

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