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Pinduoduo

547 hedge funds and large institutions have $53.9B invested in Pinduoduo in 2025 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 216 increasing their positions, 171 reducing their positions, and 62 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 capital invested

Capital invested by funds: $ → $

more funds holding

Funds holding:

10% more call options, than puts

Call options by funds: $10.3B | Put options by funds: $9.38B

0.12% less ownership

Funds ownership: 28.86%28.74% (-0.12%)

2% less funds holding in top 10

Funds holding in top 10: 6564 (-1)

Holders
547
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
64
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.3B
Puts
$9.38B
Net Calls
Net Calls Change

Top Buyers

1 +$538M
2 +$483M
3 +$419M
4
Jane Street
Jane Street
New York
+$388M
5
Temasek Holdings
Temasek Holdings
Singapore
+$383M

Top Sellers

1 -$967M
2 -$758M
3 -$340M
4
HH
HSG Holding
Hong Kong
-$294M
5
SUT
SC US (TTGP)
California
-$231M
Name Holding Trade Value Shares
Change
Change in
Stake
FC
101
Franchise Capital
Cayman Islands
$66.3M
MICM
102
Matthews International Capital Management
California
$65.3M
TA
103
Trivest Advisors
Hong Kong
$64.8M
UIM
104
USS Investment Management
United Kingdom
$62.4M
Simplex Trading
105
Simplex Trading
Illinois
$61.3M
CRCM
106
Cat Rock Capital Management
Connecticut
$58.8M
Balyasny Asset Management
107
Balyasny Asset Management
Illinois
$58M
PCM
108
Punch Card Management
Florida
$54.9M
Public Sector Pension Investment Board (PSP Investments)
109
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$54.4M
DekaBank Deutsche Girozentrale
110
DekaBank Deutsche Girozentrale
Germany
$53.7M
HFM
111
Harvest Fund Management
China
$52.3M
Squarepoint
112
Squarepoint
New York
$51.6M
CC
113
Carrhae Capital
United Kingdom
$51.1M
Mackenzie Financial
114
Mackenzie Financial
Ontario, Canada
$49.1M
OCBCO
115
Oversea-Chinese Banking Corp (OCBC)
Singapore
$48.7M
BNP Paribas Asset Management
116
BNP Paribas Asset Management
France
$48.3M
CII
117
Capital International Inc
California
$47.2M
Mirae Asset Global Investments
118
Mirae Asset Global Investments
South Korea
$46.2M
TAA
119
TB Alternative Assets
Cayman Islands
$45.7M
Victory Capital Management
120
Victory Capital Management
Texas
$43.1M
California State Teachers Retirement System (CalSTRS)
121
California State Teachers Retirement System (CalSTRS)
California
$43M
MGP
122
M&G plc
United Kingdom
$43M
APG Asset Management
123
APG Asset Management
Netherlands
$42.5M
TAM
124
Todd Asset Management
Kentucky
$42.1M
CCM
125
Causeway Capital Management
California
$40.9M