Tuscan Ridge Asset Management’s Pinduoduo PDD Stock Holding History

Tuscan Ridge Asset Management’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
2019 Q4	–	Sell	-486,000	Closed	-$15.7M	–	452
2019 Q3	$15.7M	Buy	486,000 +236,000	+94%	+$6.3M	0.88%	8
2019 Q2	$5.16M	Buy	250,000 +110,000	+79%	+$2.38M	0.4%	52
2019 Q1	$3.47M	Buy	140,000 +110,000	+367%	+$2.95M	0.25%	108
2018 Q4	$673K	Buy	+30,000	New	+$632K	0.07%	303

Other funds holding PDD

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

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

HSBC Holdings London, United Kingdom $192B AUM 27.2% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 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

ACM

Altimeter Capital Management Boston, Massachusetts $5.7B AUM 36.74% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return

SUT

SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return

Tuscan Ridge Asset Management's PDD Position: Q3 2019 in Review

Tuscan Ridge Asset Management sold out of Pinduoduo (PDD) in Q3 2019, closing a stake of 94,150 shares — an estimated $2.52M sold.

Tuscan Ridge Asset Management first reported a position in PDD in Q4 2018 and held it in 3 quarters. The position peaked at $1.94M in Q2 2019. 186 funds tracked by Wall St. Rank hold PDD as of Q3 2019.

Tuscan Ridge Asset Management reported no remaining Pinduoduo position as of Q3 2019 after selling out during the quarter.
Tuscan Ridge Asset Management sold 94,150 Pinduoduo shares in Q3 2019, an estimated $2.52M.
Tuscan Ridge Asset Management first reported a position in Pinduoduo in Q4 2018 and held it in 3 quarters.
Tuscan Ridge Asset Management's Pinduoduo position peaked at $1.94M in Q2 2019.
186 funds tracked by Wall St. Rank held Pinduoduo as of Q3 2019.

Based on Tuscan Ridge Asset Management's 13F filing for Q3 2019, filed 14 Nov 2019.