Temasek Holdings
PDD icon

Temasek Holdings’s Pinduoduo PDD Stock Holding History

Temasek Holdings’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
Q2 		$276M Sell
3,622,972
-1,303,089
-26% -$120M 0.74% 28
2026
Q1 		$503M Buy
4,926,061
+243,167
+5% +$25.6M 1.65% 13
2025
Q4 		$531M Buy
4,682,894
+334,647
+8% +$41.5M 1.68% 14
2025
Q3 		$575M Buy
4,348,247
+2,896,293
+199% +$343M 1.98% 13
2025
Q2 		$152M Buy
1,451,954
+318,969
+28% +$33.5M 0.58% 27
2025
Q1 		$134M Buy
1,132,985
+86,183
+8% +$9.89M 0.54% 33
2024
Q4 		$102M Buy
1,046,802
+935,741
+843% +$109M 0.4% 38
2024
Q3 		$15M Buy
+111,061
New +$13.6M 0.06% 85
2023
Q3 		– Sell
-141,000
Closed -$9.75M – 88
2023
Q2 		$9.75M Sell
141,000
-2,575,081
-95% -$177M 0.06% 52
2023
Q1 		$206M Hold
2,716,081
– – 1.22% 23
2022
Q4 		$221M Hold
2,716,081
– – 1.29% 24
2022
Q3 		$170M Buy
2,716,081
+269,955
+11% +$15.7M 1.02% 30
2022
Q2 		$151M Hold
2,446,126
– – 0.83% 30
2022
Q1 		$98.1M Buy
2,446,126
+329,599
+16% +$16.9M 0.41% 39
2021
Q4 		$123M Buy
2,116,527
+2,089,851
+7,834% +$165M 0.45% 42
2021
Q3 		$2.42M Buy
26,676
+5,336
+25% +$519K 0.01% 77
2021
Q2 		$2.71M Buy
21,340
+3,557
+20% +$462K 0.01% 88
2021
Q1 		$2.38M Buy
+17,783
New +$3M 0.01% 64
2020
Q3 		– Sell
-464,663
Closed -$39.9M – 70
2020
Q2 		$39.9M Buy
+464,663
New +$28M 0.24% 37

Other funds holding PDD

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
HHII
H&H International Investment Palo Alto, California $19.1B AUM 27.41% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return
HCM
Himalaya Capital Management Seattle, Washington $3.7B AUM 39.18% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
NI
NetEase Inc Hangzhou, China $765M AUM 24.08% 1-Year Est. Return

Temasek Holdings's PDD Position: Q2 2026 in Review

Temasek Holdings reduced its Pinduoduo (PDD) stake by 26% in Q2 2026, selling an estimated $120M and leaving 3,622,972 shares worth $276M. The position accounts for 0.74% of the portfolio, ranked #28.

Temasek Holdings first reported a position in PDD in Q2 2020 and has held it in 19 quarters since. The position peaked at $575M in Q3 2025. 509 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

  • Temasek Holdings held 3,622,972 shares of Pinduoduo worth $276M as of Q2 2026.
  • Temasek Holdings sold 1,303,089 Pinduoduo shares in Q2 2026, an estimated $120M.
  • Pinduoduo made up 0.74% of Temasek Holdings's portfolio in Q2 2026, its #28 holding.
  • Temasek Holdings first reported a position in Pinduoduo in Q2 2020 and has held it in 19 quarters since.
  • Temasek Holdings's Pinduoduo position peaked at $575M in Q3 2025.
  • 509 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on Temasek Holdings's 13F filing for Q2 2026, filed 7 Aug 2026.