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Pinduoduo

586 hedge funds and large institutions have $39.5B invested in Pinduoduo in 2024 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 194 increasing their positions, 224 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $6.19B | Put options by funds: $4.81B

0.42% less ownership

Funds ownership: 7.63%7.21% (-0.42%)

3% less first-time investments, than exits

New positions opened: 114 | Existing positions closed: 118

2% less funds holding

Funds holding: 600586 (-14)

8% less funds holding in top 10

Funds holding in top 10: 7973 (-6)

13% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 224

29% less capital invested

Capital invested by funds: $55.8B → $39.5B (-$16.3B)

Holders
586
Holders Change
-14
Holders Change %
-2.33%
% of All Funds
7.72%
Holding in Top 10
73
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-7.59%
% of All Funds
0.96%
New
114
Increased
194
Reduced
224
Closed
118
Calls
$6.19B
Puts
$4.81B
Net Calls
+$1.38B
Net Calls Change
-$2.34B
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
226
Scion Asset Management
California
$7.27M +$8.73M +75,000 New
CI Investments Inc
227
CI Investments Inc
Ontario, Canada
$7.17M -$1.01M -8,669 -10%
Prudential Financial
228
Prudential Financial
New Jersey
$6.93M -$12.4M -106,243 -60%
AS
229
Aware Super
Australia
$6.9M +$8.27M +71,104 New
Polen Capital Management
230
Polen Capital Management
Florida
$6.51M -$3.14M -26,958 -29%
Ensign Peak Advisors
231
Ensign Peak Advisors
Utah
$6.44M +$843K +7,250 +12%
TIM
232
Thornburg Investment Management
New Mexico
$6.1M -$2.47M -21,241 -25%
Los Angeles Capital Management
233
Los Angeles Capital Management
California
$6.09M +$6.49M +55,761 +789%
New York State Common Retirement Fund
234
New York State Common Retirement Fund
New York
$6.01M -$5.44M -46,763 -43%
Two Sigma Advisers
235
Two Sigma Advisers
New York
$5.99M +$6.08M +52,300 +551%
TAC
236
Twenty Acre Capital
Pennsylvania
$5.95M +$3.07M +26,400 +76%
LCG
237
Luxor Capital Group
New York
$5.92M +$7.1M +61,000 New
CC
238
Carrhae Capital
United Kingdom
$5.84M -$45.1M -387,740 -87%
ADEF
239
ABS Direct Equity Fund
Connecticut
$5.83M
Capstone Investment Advisors
240
Capstone Investment Advisors
New York
$5.68M +$4.89M +42,042 +254%
SO
241
STRS Ohio
Ohio
$5.64M -$966K -8,300 -13%
AC
242
AMS Capital
Brazil
$5.59M +$836K +7,187 +14%
BAMCO Inc
243
BAMCO Inc
New York
$5.57M -$14.9M -127,983 -69%
FAM
244
Fairtree Asset Management
South Africa
$5.53M +$6.63M +57,023 New
Daiwa Securities Group
245
Daiwa Securities Group
Japan
$5.52M +$122K +1,045 +2%
Wolverine Trading
246
Wolverine Trading
Illinois
$5.25M +$6.48M +55,662 New
AT
247
AMF Tjänstepension
Sweden
$5.19M
Allspring Global Investments
248
Allspring Global Investments
North Carolina
$5.16M +$4.35M +37,421 +236%
SL
249
Siren LLC
Connecticut
$5.13M +$1.45M +12,500 +31%
GIBU
250
Gulf International Bank (UK)
United Kingdom
$5.06M

PDD Hedge Fund Activity: Q4 2024 in Review

586 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q4 2024, worth a combined $39.5B — down 29% from $55.8B a quarter earlier.

Sellers outnumbered buyers: 118 funds closed out of PDD and 114 opened new positions — a net loss of 4 holders — while 224 trimmed existing stakes and 194 added.

The largest buyer was Sanders Capital, opening a new position worth an estimated $600M. The largest seller was UBS AM, cutting an estimated $1.42B.

  • 586 institutional investors held Pinduoduo (PDD) as of Q4 2024, down from 600 in Q3 2024.
  • Funds reported $39.5B of Pinduoduo stock for Q4 2024, down 29% quarter-over-quarter.
  • 114 funds opened new Pinduoduo positions in Q4 2024 and 118 closed out, a net change of -4 holders.
  • The largest Pinduoduo buyer in Q4 2024 was Sanders Capital, an estimated $600M added.
  • The largest Pinduoduo seller in Q4 2024 was UBS AM, an estimated $1.42B sold.

Based on aggregated 13F filings for Q4 2024.