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True Light Capital’s Pinduoduo PDD Stock Holding History

True Light Capital’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 		$44.9M Sell
589,064
-37,236
-6% -$3.44M 29.61% 1
2026
Q1 		$64M Buy
626,300
+24,038
+4% +$2.53M 32.34% 1
2025
Q4 		$68.3M Buy
+602,262
New +$74.8M 30.82% 1

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

True Light Capital's PDD Position: Q2 2026 in Review

True Light Capital reduced its Pinduoduo (PDD) stake by 5.9% in Q2 2026, selling an estimated $3.44M and leaving 589,064 shares worth $44.9M. The position accounts for 29.61% of the portfolio, ranked #1.

True Light Capital first reported a position in PDD in Q4 2025 and has held it in 3 quarters since. The position peaked at $68.3M in Q4 2025. 508 funds tracked by Wall St. Rank hold PDD as of Q2 2026.

  • True Light Capital held 589,064 shares of Pinduoduo worth $44.9M as of Q2 2026.
  • True Light Capital sold 37,236 Pinduoduo shares in Q2 2026, an estimated $3.44M.
  • Pinduoduo made up 29.61% of True Light Capital's portfolio in Q2 2026, its #1 holding.
  • True Light Capital first reported a position in Pinduoduo in Q4 2025 and has held it in 3 quarters since.
  • True Light Capital's Pinduoduo position peaked at $68.3M in Q4 2025.
  • 508 funds tracked by Wall St. Rank held Pinduoduo as of Q2 2026.

Based on True Light Capital's 13F filing for Q2 2026, filed 7 Aug 2026.