Vanguard Group
PDD icon

Vanguard Group’s Pinduoduo PDD Stock Holding History

Vanguard Group’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
2025
Q4 		$3.72B Buy
32,810,630
+425,908
+1% +$52.9M 0.05% 318
2025
Q3 		$4.28B Buy
32,384,722
+348,997
+1% +$41.3M 0.06% 290
2025
Q2 		$3.35B Buy
32,035,725
+2,956,249
+10% +$310M 0.05% 335
2025
Q1 		$3.44B Buy
29,079,476
+416,867
+1% +$47.8M 0.06% 311
2024
Q4 		$2.78B Buy
28,662,609
+268,662
+0.9% +$31.3M 0.05% 368
2024
Q3 		$3.83B Buy
28,393,947
+148,530
+0.5% +$18.3M 0.07% 279
2024
Q2 		$3.76B Buy
28,245,417
+3,983,842
+16% +$539M 0.07% 273
2024
Q1 		$2.82B Buy
24,261,575
+97,648
+0.4% +$12.8M 0.06% 347
2023
Q4 		$3.54B Buy
24,163,927
+62,312
+0.3% +$7.56M 0.08% 258
2023
Q3 		$2.36B Buy
24,101,615
+6,637,418
+38% +$572M 0.06% 347
2023
Q2 		$1.21B Buy
17,464,197
+114,072
+0.7% +$7.84M 0.03% 546
2023
Q1 		$1.32B Buy
17,350,125
+2,570,501
+17% +$232M 0.03% 507
2022
Q4 		$1.21B Buy
14,779,624
+135,982
+0.9% +$9.47M 0.03% 519
2022
Q3 		$916M Buy
14,643,642
+327,833
+2% +$19.1M 0.03% 596
2022
Q2 		$885M Buy
14,315,809
+191,427
+1% +$8.97M 0.02% 601
2022
Q1 		$567M Buy
14,124,382
+211,729
+2% +$10.9M 0.01% 882
2021
Q4 		$811M Buy
13,912,653
+213,659
+2% +$16.8M 0.02% 752
2021
Q3 		$1.24B Buy
13,698,994
+331,152
+2% +$32.2M 0.03% 563
2021
Q2 		$1.7B Buy
13,367,842
+2,685,114
+25% +$349M 0.04% 472
2021
Q1 		$1.43B Buy
10,682,728
+302,927
+3% +$51.1M 0.04% 499
2020
Q4 		$1.84B Buy
10,379,801
+625,639
+6% +$74.8M 0.05% 384
2020
Q3 		$723M Sell
9,754,162
-76,876
-0.8% -$6.59M 0.02% 629
2020
Q2 		$844M Buy
9,831,038
+5,552,397
+130% +$334M 0.03% 553
2020
Q1 		$154M Buy
4,278,641
+136,598
+3% +$4.99M 0.01% 1290
2019
Q4 		$157M Buy
4,142,043
+28,170
+0.7% +$1.05M 0.01% 1523
2019
Q3 		$133M Buy
4,113,873
+11,833
+0.3% +$316K ﹤0.01% 1570
2019
Q2 		$84.6M Buy
4,102,040
+26,963
+0.7% +$584K ﹤0.01% 1839
2019
Q1 		$101M Buy
4,075,077
+1,211,405
+42% +$32.5M ﹤0.01% 1745
2018
Q4 		$64.3M Buy
2,863,672
+87,283
+3% +$1.84M ﹤0.01% 1901
2018
Q3 		$73M Buy
+2,776,389
New +$59.9M ﹤0.01% 1956

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
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
HHII
H&H International Investment Palo Alto, California $19.1B AUM 27.41% 1-Year Est. Return
HA
HHLR Advisors Grand Cayman, Cayman Islands $832M AUM 32.38% 1-Year Est. Return
HH
HSG Holding Na, Hong Kong $1.2B AUM 23.01% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $1T AUM
SUT
SC US (TTGP) Menlo Park, California $31.9B AUM 28.45% 1-Year Est. Return

Vanguard Group's PDD Position: Q4 2025 in Review

Vanguard Group increased its Pinduoduo (PDD) stake by 1.3% in Q4 2025, buying an estimated $52.9M and bringing the position to 32,810,630 shares worth $3.72B. The position accounts for 0.05% of the portfolio, ranked #318.

Vanguard Group first reported a position in PDD in Q3 2018 and has held it in 30 quarters since. The position peaked at $4.28B in Q3 2025. 574 funds tracked by Wall St. Rank hold PDD as of Q4 2025.

  • Vanguard Group held 32,810,630 shares of Pinduoduo worth $3.72B as of Q4 2025.
  • Vanguard Group bought 425,908 Pinduoduo shares in Q4 2025, an estimated $52.9M.
  • Pinduoduo made up 0.05% of Vanguard Group's portfolio in Q4 2025, its #318 holding.
  • Vanguard Group first reported a position in Pinduoduo in Q3 2018 and has held it in 30 quarters since.
  • Vanguard Group's Pinduoduo position peaked at $4.28B in Q3 2025.
  • 574 funds tracked by Wall St. Rank held Pinduoduo as of Q4 2025.

Based on Vanguard Group's 13F filing for Q4 2025, filed 29 Jan 2026.