Wolverine Trading
PDD icon

Wolverine Trading’s Pinduoduo PDD Stock Holding History

Wolverine Trading’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
Q3 		$120M Buy
921,600
+138,200
+18% +$16.4M 0.09% 153
2025
Q2 		$82.4M Sell
783,400
-422,500
-35% -$44.3M 0.08% 164
2025
Q1 		$145M Buy
1,205,900
+360,300
+43% +$41.3M 0.17% 77
2024
Q4 		$79.8M Buy
+845,600
New +$98.4M 0.08% 144
2024
Q3 		– Sell
-348,100
Closed -$46.3M – 5240
2024
Q2 		$46.3M Buy
+348,100
New +$47.1M 0.05% 205
2024
Q1 		– Sell
-534,100
Closed -$78.1M – 5079
2023
Q4 		$78.1M Buy
+534,100
New +$64.8M 0.08% 128
2023
Q3 		– Sell
-427,300
Closed -$29.4M – 4933
2023
Q2 		$29.4M Buy
+427,300
New +$29.4M 0.04% 267
2023
Q1 		– Sell
-709,400
Closed -$57.9M – 4759
2022
Q4 		$57.9M Buy
709,400
+447,400
+171% +$31.1M 0.09% 173
2022
Q3 		$15.9M Buy
+262,000
New +$15.2M 0.03% 388
2022
Q2 		– Sell
-312,600
Closed -$13.7M – 5418
2022
Q1 		$13.7M Sell
312,600
-86,200
-22% -$4.43M 0.02% 570
2021
Q4 		$23.7M Buy
398,800
+32,200
+9% +$2.54M 0.03% 416
2021
Q3 		$32.6M Buy
366,600
+29,800
+9% +$2.9M 0.04% 354
2021
Q2 		$45M Sell
336,800
-20,500
-6% -$2.66M 0.07% 204
2021
Q1 		$48.4M Buy
357,300
+70,400
+25% +$11.9M 0.07% 177
2020
Q4 		$51.4M Buy
286,900
+190,400
+197% +$22.8M 0.08% 157
2020
Q3 		$7.11M Sell
96,500
-37,700
-28% -$3.23M 0.02% 675
2020
Q2 		$11.7M Sell
134,200
-43,100
-24% -$2.59M 0.03% 410
2020
Q1 		$6.32M Buy
177,300
+54,200
+44% +$1.98M 0.02% 637
2019
Q4 		$4.7M Buy
123,100
+43,300
+54% +$1.62M 0.01% 1145
2019
Q3 		$2.5M Buy
79,800
+8,600
+12% +$230K 0.01% 1285
2019
Q2 		$1.47M Buy
71,200
+13,900
+24% +$301K ﹤0.01% 1729
2019
Q1 		$1.42M Buy
+57,300
New +$1.54M ﹤0.01% 1794
2018
Q4 		– Sell
-43,800
Closed -$1.15M – 5112
2018
Q3 		$1.15M Buy
+43,800
New +$945K ﹤0.01% 2193

Other funds holding PDD

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 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
SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
HA
HHLR Advisors Grand Cayman, Cayman Islands $1.67B AUM 7.53% 1-Year Est. Return
HHII
H&H International Investment Palo Alto, California $20B AUM 9.66% 1-Year Est. Return

Wolverine Trading's PDD Position: Q3 2025 in Review

Wolverine Trading reduced its Pinduoduo (PDD) stake by 64% in Q3 2025, selling an estimated $6.58M and leaving 31,490 shares worth $4.11M. The position accounts for ﹤0.01% of the portfolio, ranked #1547.

Wolverine Trading first reported a position in PDD in Q1 2019 and has held it in 19 quarters since. The position peaked at $91.6M in Q4 2022. 558 funds tracked by Wall St. Rank hold PDD as of Q3 2025.

  • Wolverine Trading held 31,490 shares of Pinduoduo worth $4.11M as of Q3 2025.
  • Wolverine Trading sold 55,599 Pinduoduo shares in Q3 2025, an estimated $6.58M.
  • Pinduoduo made up ﹤0.01% of Wolverine Trading's portfolio in Q3 2025, its #1547 holding.
  • Wolverine Trading first reported a position in Pinduoduo in Q1 2019 and has held it in 19 quarters since.
  • Wolverine Trading's Pinduoduo position peaked at $91.6M in Q4 2022.
  • 558 funds tracked by Wall St. Rank held Pinduoduo as of Q3 2025.

Based on Wolverine Trading's 13F filing for Q3 2025, filed 14 Nov 2025.