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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
APG Asset Management
76
APG Asset Management
Netherlands
$74M +$12.7M +109,400 +16%
B
77
Barings
North Carolina
$71.6M +$2.35M +20,225 +3%
Lazard Asset Management
78
Lazard Asset Management
New York
$70.5M -$1.17M -10,024 -1%
TC
79
Tairen Capital
Hong Kong
$69.1M -$559M -4,803,243 -87%
Russell Investments Group
80
Russell Investments Group
United Kingdom
$66.8M +$25.8M +221,769 +47%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
81
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$66.7M +$35.5M +304,810 +80%
BC
82
BIT Capital
Germany
$66.5M +$36.8M +315,919 +86%
Fisher Asset Management
83
Fisher Asset Management
Washington
$66.2M -$1.77M -15,174 -2%
TC
84
Triata Capital
Hong Kong
$64.9M +$77.8M +668,939 New
MICM
85
Matthews International Capital Management
California
$64.8M -$13.7M -118,165 -15%
BAM
86
Brilliance Asset Management
Hong Kong
$62.7M +$57.1M +490,860 +316%
Mitsubishi UFJ Asset Management
87
Mitsubishi UFJ Asset Management
Japan
$62.3M +$3M +25,802 +4%
FC
88
Franchise Capital
Cayman Islands
$61.7M -$24.4M -210,000 -25%
Royal London Asset Management
89
Royal London Asset Management
United Kingdom
$61.3M +$73.4M +630,900 +82,363%
Mirae Asset Global ETFs Holdings
90
Mirae Asset Global ETFs Holdings
Hong Kong
$60.2M +$8.46M +72,674 +13%
Allianz Asset Management
91
Allianz Asset Management
Germany
$60.2M -$19M -163,631 -21%
Aviva
92
Aviva
United Kingdom
$59.7M +$825K +7,088 +1%
Mitsubishi UFJ Trust & Banking
93
Mitsubishi UFJ Trust & Banking
Japan
$57M -$1.8M -15,462 -3%
Massachusetts Financial Services
94
Massachusetts Financial Services
Massachusetts
$56.1M -$10.6M -91,444 -14%
PCH
95
Polar Capital Holdings
United Kingdom
$55.2M +$4.62M +39,717 +7%
CC
96
Cederberg Capital
United Kingdom
$55.1M
American Century Companies
97
American Century Companies
Missouri
$52.8M +$4.32M +37,165 +7%
Korea Investment Corp
98
Korea Investment Corp
South Korea
$51.5M -$1.24M -10,700 -2%
CFM
99
Coronation Fund Managers
South Africa
$50.8M -$45.2M -388,521 -43%
Principal Financial Group
100
Principal Financial Group
Iowa
$50.2M -$18.1M -155,577 -23%

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.