Morgan Stanley
PDD icon

Morgan Stanley’s Pinduoduo PDD Stock Holding History

Morgan Stanley’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 		$755M Buy
7,388,892
+1,440,046
+24% +$151M 0.05% 394
2025
Q4 		$675M Sell
5,948,846
-1,147,316
-16% -$142M 0.04% 423
2025
Q3 		$938M Sell
7,096,162
-1,039,647
-13% -$123M 0.06% 304
2025
Q2 		$851M Buy
8,135,809
+1,969,081
+32% +$207M 0.06% 328
2025
Q1 		$730M Sell
6,166,728
-2,471,940
-29% -$284M 0.05% 343
2024
Q4 		$838M Sell
8,638,668
-1,905,767
-18% -$222M 0.06% 304
2024
Q3 		$1.42B Sell
10,544,435
-1,432,339
-12% -$176M 0.1% 177
2024
Q2 		$1.59B Sell
11,976,774
-545,134
-4% -$73.8M 0.12% 157
2024
Q1 		$1.46B Sell
12,521,908
-11,185,438
-47% -$1.47B 0.12% 168
2023
Q4 		$3.47B Buy
23,707,346
+14,634,949
+161% +$1.77B 0.15% 124
2023
Q3 		$890M Sell
9,072,397
-6,358,891
-41% -$548M 0.09% 214
2023
Q2 		$1.07B Sell
15,431,288
-173,138
-1% -$11.9M 0.11% 181
2023
Q1 		$1.18B Buy
15,604,426
+8,523,055
+120% +$770M 0.13% 157
2022
Q4 		$577M Buy
7,081,371
+547,927
+8% +$38.1M 0.07% 306
2022
Q3 		$409M Sell
6,533,444
-835,305
-11% -$48.6M 0.06% 333
2022
Q2 		$455M Buy
7,368,749
+1,779,205
+32% +$83.4M 0.06% 316
2022
Q1 		$224M Buy
5,589,544
+958,952
+21% +$49.3M 0.03% 493
2021
Q4 		$270M Buy
4,630,592
+357,344
+8% +$28.2M 0.03% 460
2021
Q3 		$387M Sell
4,273,248
-1,877,405
-31% -$183M 0.05% 325
2021
Q2 		$781M Buy
6,150,653
+487,621
+9% +$63.4M 0.1% 190
2021
Q1 		$758M Buy
5,663,032
+3,287,647
+138% +$555M 0.11% 187
2020
Q4 		$422M Sell
2,375,385
-65,188
-3% -$7.79M 0.07% 257
2020
Q3 		$181M Buy
2,440,573
+1,871,758
+329% +$160M 0.04% 414
2020
Q2 		$48.8M Sell
568,815
-85,874
-13% -$5.17M 0.01% 843
2020
Q1 		$23.6M Sell
654,689
-3,107,367
-83% -$113M 0.01% 1172
2019
Q4 		$142M Sell
3,762,056
-939,744
-20% -$35.1M 0.03% 479
2019
Q3 		$151M Sell
4,701,800
-4,108,463
-47% -$110M 0.04% 426
2019
Q2 		$182M Buy
8,810,263
+8,309,709
+1,660% +$180M 0.05% 370
2019
Q1 		$12.4M Buy
500,554
+471,054
+1,597% +$12.6M ﹤0.01% 1819
2018
Q4 		$662K Buy
29,500
+20,838
+241% +$439K ﹤0.01% 4602
2018
Q3 		$227K Buy
+8,662
New +$187K ﹤0.01% 5396

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

Morgan Stanley's PDD Position: Q1 2026 in Review

Morgan Stanley increased its Pinduoduo (PDD) stake by 24% in Q1 2026, buying an estimated $151M and bringing the position to 7,388,892 shares worth $755M. The position accounts for 0.05% of the portfolio, ranked #394.

Morgan Stanley first reported a position in PDD in Q3 2018 and has held it in 31 quarters since. The position peaked at $3.47B in Q4 2023. 565 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Morgan Stanley held 7,388,892 shares of Pinduoduo worth $755M as of Q1 2026.
  • Morgan Stanley bought 1,440,046 Pinduoduo shares in Q1 2026, an estimated $151M.
  • Pinduoduo made up 0.05% of Morgan Stanley's portfolio in Q1 2026, its #394 holding.
  • Morgan Stanley first reported a position in Pinduoduo in Q3 2018 and has held it in 31 quarters since.
  • Morgan Stanley's Pinduoduo position peaked at $3.47B in Q4 2023.
  • 565 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Morgan Stanley's 13F filing for Q1 2026, filed 15 May 2026.