Robeco Institutional Asset 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	$255M	Buy	2,492,893 +706,957	+40%	+$74.3M	0.36%	65
2025 Q4	$203M	Buy	1,785,936 +173,068	+11%	+$21.5M	0.29%	80
2025 Q3	$213M	Buy	1,612,868 +380,141	+31%	+$45M	0.31%	81
2025 Q2	$129M	Sell	1,232,727 -1,136,654	-48%	-$119M	0.21%	123
2025 Q1	$280M	Buy	2,369,381 +219,865	+10%	+$25.2M	0.54%	41
2024 Q4	$208M	Sell	2,149,516 -85,959	-4%	-$10M	0.4%	53
2024 Q3	$301M	Sell	2,235,475 -406,898	-15%	-$50M	0.6%	28
2024 Q2	$351M	Buy	2,642,373 +171,541	+7%	+$23.2M	0.76%	21
2024 Q1	$287M	Sell	2,470,832 -36,704	-1%	-$4.81M	0.62%	27
2023 Q4	$367M	Sell	2,507,536 -844,379	-25%	-$102M	0.89%	14
2023 Q3	$329M	Buy	3,351,915 +34,943	+1%	+$3.01M	0.88%	13
2023 Q2	$229M	Buy	3,316,972 +90,818	+3%	+$6.24M	0.6%	34
2023 Q1	$245M	Buy	3,226,154 +223,323	+7%	+$20.2M	0.67%	30
2022 Q4	$245M	Buy	+3,002,831	New	+$209M	0.71%	29
2019 Q1	–	Sell	-155,129	Closed	-$3.48M	–	984
2018 Q4	$3.48M	Buy	+155,129	New	+$3.27M	0.02%	596