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 		$76.1M Buy
582,400
+161,400
+38% +$19.1M 0.05% 238
2025
Q2 		$44.3M Buy
421,000
+3,700
+0.9% +$388K 0.04% 274
2025
Q1 		$50.3M Buy
417,300
+152,100
+57% +$17.5M 0.06% 205
2024
Q4 		$25M Buy
+265,200
New +$30.9M 0.02% 411
2024
Q3 		– Sell
-343,500
Closed -$45.7M – 5242
2024
Q2 		$45.7M Buy
+343,500
New +$46.5M 0.05% 206
2024
Q1 		– Sell
-435,600
Closed -$63.7M – 5081
2023
Q4 		$63.7M Buy
+435,600
New +$52.8M 0.07% 152
2023
Q3 		– Sell
-277,700
Closed -$19.1M – 4935
2023
Q2 		$19.1M Buy
+277,700
New +$19.1M 0.02% 368
2023
Q1 		– Sell
-1,385,600
Closed -$113M – 4761
2022
Q4 		$113M Buy
1,385,600
+1,199,100
+643% +$83.5M 0.17% 78
2022
Q3 		$11.3M Buy
+186,500
New +$10.8M 0.02% 516
2022
Q2 		– Sell
-174,600
Closed -$7.64M – 5420
2022
Q1 		$7.64M Sell
174,600
-28,600
-14% -$1.47M 0.01% 826
2021
Q4 		$12.1M Sell
203,200
-155,300
-43% -$12.2M 0.01% 647
2021
Q3 		$31.9M Buy
358,500
+61,800
+21% +$6.01M 0.04% 358
2021
Q2 		$39.6M Sell
296,700
-36,300
-11% -$4.72M 0.06% 228
2021
Q1 		$45.1M Buy
333,000
+103,300
+45% +$17.4M 0.07% 193
2020
Q4 		$41.1M Buy
229,700
+94,200
+70% +$11.3M 0.06% 199
2020
Q3 		$9.99M Sell
135,500
-186,600
-58% -$16M 0.02% 536
2020
Q2 		$28.2M Buy
322,100
+61,900
+24% +$3.72M 0.08% 170
2020
Q1 		$9.27M Sell
260,200
-92,600
-26% -$3.38M 0.03% 458
2019
Q4 		$13.5M Buy
352,800
+83,300
+31% +$3.11M 0.03% 534
2019
Q3 		$8.43M Buy
269,500
+88,300
+49% +$2.36M 0.02% 608
2019
Q2 		$3.74M Sell
181,200
-12,900
-7% -$279K 0.01% 1089
2019
Q1 		$4.81M Buy
+194,100
New +$5.21M 0.01% 900
2018
Q4 		– Sell
-141,200
Closed -$3.71M – 5113
2018
Q3 		$3.71M Buy
+141,200
New +$3.05M 0.01% 1177

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.