Pictet Asset Management (Switzerland)’s Pinduoduo PDD Stock Holding History

Pictet Asset Management (Switzerland)’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
2023 Q2	$101M	Sell	1,463,958 -259,931	-15%	-$17.9M	0.12%	198
2023 Q1	$131M	Buy	1,723,889 +377,228	+28%	+$34.1M	0.16%	167
2022 Q4	$110M	Buy	1,346,661 +441,221	+49%	+$30.7M	0.16%	176
2022 Q3	$56.7M	Buy	905,440 +270,924	+43%	+$15.7M	0.08%	250
2022 Q2	$39.2M	Sell	634,516 -453,489	-42%	-$21.2M	0.05%	329
2022 Q1	$43.6M	Sell	1,088,005 -183,287	-14%	-$9.42M	0.05%	339
2021 Q4	$74.1M	Sell	1,271,292 -506,830	-29%	-$40M	0.07%	275
2021 Q3	$161M	Buy	+1,778,122	New	+$173M	0.18%	162

Other funds holding PDD

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

ICVCFIA

IDG China Venture Capital Fund IV Associates Hong Kong $219M AUM 12.33% 1-Year Est. Return

HHLR Advisors Grand Cayman, Cayman Islands $1.67B AUM 7.53% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Pictet Asset Management (Switzerland)'s PDD Position: Q2 2023 in Review

Pictet Asset Management (Switzerland) reduced its Pinduoduo (PDD) stake by 15% in Q2 2023, selling an estimated $17.9M and leaving 1,463,958 shares worth $101M. The position accounts for 0.12% of the portfolio, ranked #198.

Pictet Asset Management (Switzerland) first reported a position in PDD in Q3 2021 and has held it in 8 quarters since. The position peaked at $161M in Q3 2021. 452 funds tracked by Wall St. Rank hold PDD as of Q2 2023.

Pictet Asset Management (Switzerland) held 1,463,958 shares of Pinduoduo worth $101M as of Q2 2023.
Pictet Asset Management (Switzerland) sold 259,931 Pinduoduo shares in Q2 2023, an estimated $17.9M.
Pinduoduo made up 0.12% of Pictet Asset Management (Switzerland)'s portfolio in Q2 2023, its #198 holding.
Pictet Asset Management (Switzerland) first reported a position in Pinduoduo in Q3 2021 and has held it in 8 quarters since.
Pictet Asset Management (Switzerland)'s Pinduoduo position peaked at $161M in Q3 2021.
452 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2023.

Based on Pictet Asset Management (Switzerland)'s 13F filing for Q2 2023, filed 10 Aug 2023.