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Pinduoduo

577 hedge funds and large institutions have $44.2B invested in Pinduoduo in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 226 increasing their positions, 202 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 202

2% more funds holding in top 10

Funds holding in top 10: 8284 (+2)

5% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 94

0.27% less ownership

Funds ownership: 7.79%7.52% (-0.27%)

1% less funds holding

Funds holding: 582577 (-5)

20% less call options, than puts

Call options by funds: $3.4B | Put options by funds: $4.26B

23% less capital invested

Capital invested by funds: $57.6B → $44.2B (-$13.4B)

Holders
577
Holders Change
-5
Holders Change %
-0.86%
% of All Funds
8.31%
Holding in Top 10
84
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+2.44%
% of All Funds
1.21%
New
99
Increased
226
Reduced
202
Closed
94
Calls
$3.4B
Puts
$4.26B
Net Calls
-$867M
Net Calls Change
-$1.84B
Name Holding Trade Value Shares
Change
Change in
Stake
Verition Fund Management
251
Verition Fund Management
Connecticut
$6.13M +$1.94M +14,792 +39%
LSERS
252
Louisiana State Employees Retirement System
Louisiana
$6.09M -$91.7K -700 -1%
TAC
253
Twenty Acre Capital
Pennsylvania
$5.99M -$485K -3,700 -7%
TPC
254
Tiger Pacific Capital
New York
$5.95M -$3.97M -30,335 -37%
CM
255
CastleKnight Management
New York
$5.94M +$5.49M +41,900 +455%
Daiwa Securities Group
256
Daiwa Securities Group
Japan
$5.93M +$547K +4,174 +9%
SGDR
257
SPX Gestao de Recursos
Brazil
$5.81M -$1.89M -14,400 -22%
SC
258
Seldon Capital
California
$5.61M
GIBU
259
Gulf International Bank (UK)
United Kingdom
$5.48M
TC
260
Taika Capital
Florida
$5.48M +$6.18M +47,135 New
UH
261
Unigestion Holding
Switzerland
$5.36M +$2.6M +19,870 +76%
MIC
262
Maxi Investments CY
Cyprus
$5.36M +$600K +4,580 +11%
NAM
263
Nissay Asset Management
Japan
$5.29M +$3.62M +27,626 +155%
OSAM
264
O'Shaughnessy Asset Management
Connecticut
$5.27M +$961K +7,337 +19%
QI
265
Qtron Investments
Massachusetts
$5.26M -$829K -6,327 -12%
CWM
266
CIBC World Markets
New York
$5.11M -$6.8M -51,879 -54%
SSA
267
Schonfeld Strategic Advisors
New York
$5M +$511K +3,900 +10%
ECU
268
Eisler Capital (UK)
United Kingdom
$4.81M +$1.59M +12,133 +41%
EGM
269
Engineers Gate Manager
New York
$4.79M +$2.29M +17,445 +73%
Walleye Capital
270
Walleye Capital
New York
$4.68M +$5.28M +40,285 New
ADEF
271
ABS Direct Equity Fund
Connecticut
$4.38M +$1.79M +13,700 +57%
CIM
272
Chiron Investment Management
New York
$4.37M +$4.83M +36,840 +4,854%
JCM
273
Janney Capital Management
Pennsylvania
$4.33M +$4.88M +37,264 New
FFM
274
FengHe Fund Management
Singapore
$4.33M -$19.9M -152,190 -80%
Vontobel Holding
275
Vontobel Holding
Switzerland
$4.26M -$95.8M -731,518 -95%

PDD Hedge Fund Activity: Q1 2024 in Review

577 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q1 2024, worth a combined $44.2B — down 23% from $57.6B a quarter earlier.

Buyers outnumbered sellers: 99 funds opened new PDD positions and 94 closed out — a net gain of 5 holders — while 226 added to existing stakes and 202 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $727M. The largest seller was Morgan Stanley, cutting an estimated $1.47B.

  • 577 institutional investors held Pinduoduo (PDD) as of Q1 2024, down from 582 in Q4 2023.
  • Funds reported $44.2B of Pinduoduo stock for Q1 2024, down 23% quarter-over-quarter.
  • 99 funds opened new Pinduoduo positions in Q1 2024 and 94 closed out, a net change of +5 holders.
  • The largest Pinduoduo buyer in Q1 2024 was Goldman Sachs, an estimated $727M added.
  • The largest Pinduoduo seller in Q1 2024 was Morgan Stanley, an estimated $1.47B sold.

Based on aggregated 13F filings for Q1 2024.