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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
CA
301
Cetera Advisors
Colorado
$3.23M +$1.63M +12,463 +81%
Lord, Abbett & Co
302
Lord, Abbett & Co
New Jersey
$3.17M -$112M -853,136 -97%
BCV
303
Banque Cantonale Vaudoise
Switzerland
$3.13M -$2.83M -21,620 -45%
State of New Jersey Common Pension Fund D
304
State of New Jersey Common Pension Fund D
New Jersey
$3.11M -$1.81M -13,784 -34%
PFS
305
Prospera Financial Services
Texas
$3.05M +$724K +5,526 +27%
JFG
306
Jefferies Financial Group
New York
$3M +$3.38M +25,800 New
BAMF
307
BI Asset Management Fondsmaeglerselskab
Denmark
$2.85M -$4.8M -36,656 -60%
AT
308
AMF Tjänstepension
Sweden
$2.84M +$3.21M +24,466 New
RPI
309
Railway Pension Investments
United Kingdom
$2.84M +$2.27M +17,300 +244%
TRCT
310
Tower Research Capital (TRC)
New York
$2.83M -$2.47M -18,874 -44%
RIM
311
Redwood Investment Management
Arizona
$2.8M
CIM
312
Contrarius Investment Management
Jersey
$2.79M -$25.9M -197,551 -89%
UOC
313
UBS O'Connor
Illinois
$2.66M +$1.45M +11,100 +94%
ASN
314
Advisory Services Network
Georgia
$2.63M +$719K +5,487 +32%
RWP
315
RWA Wealth Partners
Massachusetts
$2.62M +$2.95M +22,512 New
NIM
316
NEOS Investment Management
Connecticut
$2.59M +$40.9K +312 +1%
MAM
317
Maytree Asset Management
Hong Kong
$2.54M +$2.86M +21,838 New
DPAM
318
Degroof Petercam Asset Management
Belgium
$2.48M +$1.07M +8,200 +63%
Janney Montgomery Scott
319
Janney Montgomery Scott
Pennsylvania
$2.45M -$320K -2,444 -10%
GCM
320
Goldstream Capital Management
Hong Kong
$2.43M +$1.07M +8,134 +64%
CP
321
CenterBook Partners
Connecticut
$2.32M +$1.21M +9,234 +86%
MIM
322
Morningstar Investment Management
Illinois
$2.31M
NTIMCH
323
New Thinking Investment Management Company (HK)
Hong Kong
$2.27M +$2.56M +19,566 New
Holocene Advisors
324
Holocene Advisors
New York
$2.27M +$2.56M +19,540 New
AIP
325
Ameritas Investment Partners
Nebraska
$2.25M

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.