PDD icon

Pinduoduo

567 hedge funds and large institutions have $47.4B invested in Pinduoduo in 2025 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 229 increasing their positions, 172 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more funds holding

Funds holding:

more ownership

Funds ownership:

6% less funds holding in top 10

Funds holding in top 10: 6561 (-4)

12% less capital invested

Capital invested by funds: $53.9B → $47.4B (-$6.54B)

15% less call options, than puts

Call options by funds: $5.07B | Put options by funds: $5.94B

Holders
567
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
61
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.07B
Puts
$5.94B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CLC
101
Charles-Lim Capital
Hong Kong
$56.7M
BNP Paribas Asset Management
102
BNP Paribas Asset Management
France
$56.6M
KM
103
Kora Management
New York
$55.6M
Manulife (Manufacturers Life Insurance)
104
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$55M
SEI Investments
105
SEI Investments
Pennsylvania
$51M
CRCM
106
Cat Rock Capital Management
Connecticut
$50.5M
PEAK6
107
PEAK6
Illinois
$49.3M
Mackenzie Financial
108
Mackenzie Financial
Ontario, Canada
$47.9M
HFM
109
Harvest Fund Management
China
$47.9M
PCM
110
Punch Card Management
Florida
$47.1M
Public Sector Pension Investment Board (PSP Investments)
111
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$47M
CII
112
Capital International Inc
California
$46.4M
OCBCO
113
Oversea-Chinese Banking Corp (OCBC)
Singapore
$45.4M
CC
114
Centiva Capital
New York
$45.4M
Nomura Holdings
115
Nomura Holdings
Japan
$43.6M
Millennium Management
116
Millennium Management
New York
$43.4M
PCMH
117
Polymer Capital Management (HK)
Hong Kong
$42.9M
UIM
118
USS Investment Management
United Kingdom
$42.5M
CCM
119
Causeway Capital Management
California
$42.1M
MICM
120
Matthews International Capital Management
California
$42M
Mirae Asset Global Investments
121
Mirae Asset Global Investments
South Korea
$41.3M
Bank of Montreal
122
Bank of Montreal
Ontario, Canada
$39.8M
IMC Chicago
123
IMC Chicago
Illinois
$39.4M
TAA
124
TB Alternative Assets
Cayman Islands
$38.6M
Balyasny Asset Management
125
Balyasny Asset Management
Illinois
$38M