We are live on ! Find out more
PDD icon

Pinduoduo
PDD

186 hedge funds and large institutions have $5.52B invested in Pinduoduo in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 59 increasing their positions, 61 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more capital invested

Capital invested by funds: $3.01B → $5.52B (+$2.51B)

33% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 36

6% more funds holding

Funds holding: 175 → 186 (+11)

6% more funds holding in top 10

Funds holding in top 10: 16 → 17 (+1)

0.99% more ownership

Funds ownership: 5.67% → 6.65% (+0.99%)

3% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 61

54% less call options, than puts

Call options by funds: $157M | Put options by funds: $340M

Holders
186
Holders Change
+11
Holders Change %
+6.29%
% of All Funds
4.08%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.37%
New
48
Increased
59
Reduced
61
Closed
36
Calls
$157M
Puts
$340M
Net Calls
-$183M
Net Calls Change
-$20.1M

Top Buyers

1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
+$382M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$264M
3
SIM
SRS Investment Management
New York
+$150M
4
HA
HHLR Advisors
Cayman Islands
+$105M
5
Renaissance Technologies
Renaissance Technologies
New York
+$94.4M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$110M
2
Goldman Sachs
Goldman Sachs
New York
-$45.4M
3
KCM
Keywise Capital Management
Cayman Islands
-$37.7M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$30.4M
5
WAM
WT Asset Management
Hong Kong
-$27.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
TAMH
76
Taikang Asset Management (HK)
Hong Kong
$4.52M -$7.85M -294,030 -68%
Charles Schwab
77
Charles Schwab
California
$4.23M -$143K -5,336 -4%
ICP
78
Indus Capital Partners
New York
$4.11M +$2.2M +82,340 +183%
State of New Jersey Common Pension Fund D
79
State of New Jersey Common Pension Fund D
New Jersey
$4.07M – – –
Prudential Financial
80
Prudential Financial
New Jersey
$3.81M +$126K +4,700 +4%
Two Sigma Advisers
81
Two Sigma Advisers
New York
$3.7M +$3.07M +114,900 New
BA
82
Bridgewater Associates
Connecticut
$3.69M +$352K +13,179 +13%
Wolverine Trading
83
Wolverine Trading
Illinois
$3.58M -$441K -16,492 -13%
PPA
84
Parametric Portfolio Associates
Washington
$3.46M +$496K +18,567 +21%
Caisse de Depot et Placement du Quebec (CDPQ)
85
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$3.42M -$6.13M -229,500 -68%
Bank of Montreal
86
Bank of Montreal
Ontario, Canada
$3.27M -$1.9M -71,240 -41%
BAMCO Inc
87
BAMCO Inc
New York
$3.24M +$665K +24,895 +33%
EAM
88
EastBay Asset Management
New York
$3.09M +$2.56M +96,000 New
GH
89
GAM Holding
Switzerland
$3.03M +$2.51M +94,000 New
AAF
90
Andra AP-fonden
Sweden
$2.96M +$791K +29,600 +48%
UOC
91
UBS O'Connor
Illinois
$2.88M +$2.39M +89,311 New
BCIM
92
British Columbia Investment Management
British Columbia, Canada
$2.85M – – –
JG
93
Jefferies Group
New York
$2.81M +$1.05M +39,329 +82%
Royal London Asset Management
94
Royal London Asset Management
United Kingdom
$2.8M +$433K +16,200 +23%
SG Americas Securities
95
SG Americas Securities
New York
$2.41M +$54.1K +2,024 +3%
KCM
96
Keywise Capital Management
Cayman Islands
$2.33M -$37.7M -1,410,200 -95%
SPC
97
Slate Path Capital
New York
$2.09M +$1.74M +65,000 New
XK
98
Xact Kapitalforvaltning
Sweden
$2.09M +$131K +4,900 +8%
MIFH
99
Migdal Insurance & Financial Holdings
Israel
$2.02M -$49K -1,835 -3%
APG Asset Management
100
APG Asset Management
Netherlands
$2.02M -$395K -14,800 -18%
2 3
4
5 6

PDD Hedge Fund Activity: Q3 2019 in Review

186 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q3 2019, worth a combined $5.52B — up 83% from $3.01B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new PDD positions and 36 closed out — a net gain of 12 holders — while 59 added to existing stakes and 61 trimmed.

The largest buyer was Baillie Gifford & Co, adding an estimated $382M. The largest seller was Morgan Stanley, cutting an estimated $110M.

  • 186 institutional investors held Pinduoduo (PDD) as of Q3 2019, up from 175 in Q2 2019.
  • Funds reported $5.52B of Pinduoduo stock for Q3 2019, up 83% quarter-over-quarter.
  • 48 funds opened new Pinduoduo positions in Q3 2019 and 36 closed out, a net change of +12 holders.
  • The largest Pinduoduo buyer in Q3 2019 was Baillie Gifford & Co, an estimated $382M added.
  • The largest Pinduoduo seller in Q3 2019 was Morgan Stanley, an estimated $110M sold.

Based on aggregated 13F filings for Q3 2019.