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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
EML
401
Eos Management LP
New York
$879K +$991K +7,565 New
UFF
402
USA Financial Formulas
Michigan
$877K -$102K -777 -9%
WI
403
Wahed Invest
New York
$872K +$276K +2,103 +39%
HS
404
HighVista Strategies
Massachusetts
$844K
PL
405
Parkwood LLC
Ohio
$834K +$527K +4,019 +127%
ADIM
406
Alpha DNA Investment Management
Maryland
$821K +$925K +7,063 New
FC
407
Freemont Capital
Singapore
$814K +$917K +7,000 New
FRM
408
Fox Run Management
Connecticut
$802K +$904K +6,899 New
HighTower Advisors
409
HighTower Advisors
Illinois
$788K -$2.83M -21,607 -76%
BL
410
Balentine LLC
Georgia
$781K +$98K +748 +13%
RI
411
Redwood Investments
Massachusetts
$778K
US Bancorp
412
US Bancorp
Minnesota
$777K -$118K -898 -12%
CAM
413
Cresset Asset Management
Illinois
$773K +$61.1K +466 +8%
IPAM
414
ICICI Prudential Asset Management
India
$773K +$22K +168 +3%
ECM
415
EMC Capital Management
Texas
$765K +$459K +3,500 +117%
RIM
416
Rakuten Investment Management
Japan
$745K +$839K +6,405 New
NIMI
417
Natixis Investment Managers International
France
$738K -$1.01M -7,700 -55%
SFI
418
Siemens Fonds Invest
Germany
$737K +$62K +473 +8%
EP
419
Edgestream Partners
New Jersey
$730K +$277K +2,113 +51%
CAN
420
Cetera Advisor Networks
California
$721K +$513K +3,916 +171%
BWP
421
Balboa Wealth Partners
Arizona
$709K +$199K +1,520 +33%
RCG
422
Rock Creek Group
District of Columbia
$690K -$231K -1,762 -23%
GIA
423
Gladstone Institutional Advisory
Florida
$677K -$18.5K -141 -2%
XT
424
XTX Topco
Cayman Islands
$662K +$746K +5,694 New
LAM
425
LifePro Asset Management
California
$662K +$28.3K +216 +4%

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.