Swiss National Bank
PDD icon

Swiss National Bank’s Pinduoduo PDD Stock Holding History

Swiss National Bank’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 		$140M Sell
1,372,744
-179,900
-12% -$18.9M 0.08% 218
2025
Q4 		$176M Sell
1,552,644
-47,800
-3% -$5.93M 0.1% 153
2025
Q3 		$212M Buy
1,600,444
+26,600
+2% +$3.15M 0.12% 133
2025
Q2 		$165M Sell
1,573,844
-3,400
-0.2% -$357K 0.1% 177
2025
Q1 		$187M Buy
1,577,244
+5,000
+0.3% +$574K 0.13% 131
2024
Q4 		$152M Sell
1,572,244
-3,500
-0.2% -$407K 0.1% 171
2024
Q3 		$212M Buy
1,575,744
+229,135
+17% +$28.2M 0.14% 127
2024
Q2 		$179M Sell
1,346,609
-3,100
-0.2% -$420K 0.12% 139
2024
Q1 		$157M Buy
1,349,709
+10,769
+0.8% +$1.41M 0.11% 164
2023
Q4 		$196M Sell
1,338,940
-53,100
-4% -$6.44M 0.14% 119
2023
Q3 		$137M Buy
1,392,040
+110,903
+9% +$9.55M 0.11% 167
2023
Q2 		$88.6M Sell
1,281,137
-87,758
-6% -$6.03M 0.06% 307
2023
Q1 		$104M Buy
1,368,895
+1,900
+0.1% +$172K 0.07% 277
2022
Q4 		$111M Sell
1,366,995
-2,200
-0.2% -$153K 0.08% 256
2022
Q3 		$85.7M Buy
1,369,195
+166,189
+14% +$9.66M 0.06% 308
2022
Q2 		$74.3M Sell
1,203,006
-6,000
-0.5% -$281K 0.05% 355
2022
Q1 		$48.5M Buy
1,209,006
+143,100
+13% +$7.35M 0.03% 511
2021
Q4 		$62.1M Sell
1,065,906
-11,100
-1% -$875K 0.04% 440
2021
Q3 		$97.7M Buy
1,077,006
+12,800
+1% +$1.24M 0.06% 302
2021
Q2 		$135M Buy
1,064,206
+87,496
+9% +$11.4M 0.08% 234
2021
Q1 		$131M Buy
976,710
+40,600
+4% +$6.85M 0.09% 230
2020
Q4 		$166M Buy
936,110
+262,556
+39% +$31.4M 0.12% 159
2020
Q3 		$49.9M Hold
673,554
– – 0.04% 411
2020
Q2 		$57.8M Buy
673,554
+170,066
+34% +$10.2M 0.05% 364
2020
Q1 		$18.1M Hold
503,488
– – 0.02% 552
2019
Q4 		$19M Sell
503,488
-195,477
-28% -$7.3M 0.02% 597
2019
Q3 		$22.3M Buy
698,965
+195,854
+39% +$5.23M 0.02% 552
2019
Q2 		$10.4M Buy
503,111
+123,911
+33% +$2.68M 0.01% 749
2019
Q1 		$9.25M Buy
+379,200
New +$10.2M 0.01% 763

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

Swiss National Bank's PDD Position: Q1 2026 in Review

Swiss National Bank reduced its Pinduoduo (PDD) stake by 12% in Q1 2026, selling an estimated $18.9M and leaving 1,372,744 shares worth $140M. The position accounts for 0.08% of the portfolio, ranked #218.

Swiss National Bank first reported a position in PDD in Q1 2019 and has held it in 29 quarters since. The position peaked at $212M in Q3 2024. 563 funds tracked by Wall St. Rank hold PDD as of Q1 2026.

  • Swiss National Bank held 1,372,744 shares of Pinduoduo worth $140M as of Q1 2026.
  • Swiss National Bank sold 179,900 Pinduoduo shares in Q1 2026, an estimated $18.9M.
  • Pinduoduo made up 0.08% of Swiss National Bank's portfolio in Q1 2026, its #218 holding.
  • Swiss National Bank first reported a position in Pinduoduo in Q1 2019 and has held it in 29 quarters since.
  • Swiss National Bank's Pinduoduo position peaked at $212M in Q3 2024.
  • 563 funds tracked by Wall St. Rank held Pinduoduo as of Q1 2026.

Based on Swiss National Bank's 13F filing for Q1 2026, filed 7 May 2026.