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Pinduoduo

288 hedge funds and large institutions have $17.3B invested in Pinduoduo in 2020 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 118 increasing their positions, 75 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 75

52% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 42

7% more funds holding

Funds holding: 268288 (+20)

0.22% less ownership

Funds ownership: 8.72%8.5% (-0.22%)

7% less funds holding in top 10

Funds holding in top 10: 2826 (-2)

16% less capital invested

Capital invested by funds: $20.5B → $17.3B (-$3.18B)

49% less call options, than puts

Call options by funds: $523M | Put options by funds: $1.02B

Holders
288
Holders Change
+20
Holders Change %
+7.46%
% of All Funds
5.81%
Holding in Top 10
26
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-7.14%
% of All Funds
0.52%
New
64
Increased
118
Reduced
75
Closed
42
Calls
$523M
Puts
$1.02B
Net Calls
-$498M
Net Calls Change
+$111M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
226
AllianceBernstein
Tennessee
$332K -$904K -10,550 -70%
HS
227
Haafor (Singapore)
Singapore
$332K +$383K +4,472 New
ACM
228
Arlington Capital Management
Illinois
$329K +$381K +4,443 New
CCA
229
Checchi Capital Advisers
California
$319K +$113K +1,315 +44%
Mackenzie Financial
230
Mackenzie Financial
Ontario, Canada
$316K +$78K +910 +27%
CANY
231
Caxton Associates (New York)
New York
$302K -$894K -10,428 -72%
CIA
232
CSat Investment Advisory
Michigan
$296K +$15.8K +184 +5%
IIA
233
IPG Investment Advisors
California
$289K +$334K +3,900 New
Creative Planning
234
Creative Planning
Kansas
$285K +$20.8K +243 +7%
RWM
235
Ritholtz Wealth Management
New York
$281K +$46.4K +541 +17%
ACA
236
Atlas Capital Advisors
Wyoming
$272K +$14.7K +172 +5%
SM
237
SG3 Management
Puerto Rico
$260K +$300K +3,500 New
FANJ
238
Financial Architects (New Jersey)
New Jersey
$252K -$44.1K -515 -13%
LPL Financial
239
LPL Financial
California
$252K +$71.8K +838 +33%
PP
240
Paloma Partners
Connecticut
$240K +$277K +3,232 New
WP
241
WealthSource Partners
California
$235K -$257 -3 -0.1%
HF
242
HRT Financial
New York
$233K -$276K -3,216 -51%
EWM
243
Elite Wealth Management
Washington
$228K +$264K +3,075 New
MA
244
MANA Advisors
New York
$227K +$263K +3,066 New
SMDAM
245
Sumitomo Mitsui DS Asset Management
Japan
$221K +$51.3K +598 +25%
LJAC
246
L.J. Altfest & Co
New York
$206K -$35.8K -418 -13%
Daiwa Securities Group
247
Daiwa Securities Group
Japan
$191K +$161K +1,883 +271%
FIA
248
FNY Investment Advisers
New York
$137K +$21.3K +249 +16%
Osaic Holdings
249
Osaic Holdings
Arizona
$104K -$670K -7,815 -85%
SPIA
250
Steward Partners Investment Advisory
New York
$103K +$76.7K +895 +179%

PDD Hedge Fund Activity: Q3 2020 in Review

288 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q3 2020, worth a combined $17.3B — down 16% from $20.5B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new PDD positions and 42 closed out — a net gain of 22 holders — while 118 added to existing stakes and 75 trimmed.

The largest buyer was Tiger Global Management, adding an estimated $699M. The largest seller was Goldman Sachs, cutting an estimated $752M.

  • 288 institutional investors held Pinduoduo (PDD) as of Q3 2020, up from 268 in Q2 2020.
  • Funds reported $17.3B of Pinduoduo stock for Q3 2020, down 16% quarter-over-quarter.
  • 64 funds opened new Pinduoduo positions in Q3 2020 and 42 closed out, a net change of +22 holders.
  • The largest Pinduoduo buyer in Q3 2020 was Tiger Global Management, an estimated $699M added.
  • The largest Pinduoduo seller in Q3 2020 was Goldman Sachs, an estimated $752M sold.

Based on aggregated 13F filings for Q3 2020.