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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
PIM
101
Platinum Investment Management
Australia
$48.9M -$68.4M -588,197 -54%
PAM
102
Pinpoint Asset Management
Hong Kong
$47.9M -$51.3M -441,239 -48%
HFM
103
Harvest Fund Management
China
$47.7M -$10.4M -89,092 -15%
Acadian Asset Management
104
Acadian Asset Management
Massachusetts
$46.9M -$8.85M -76,080 -14%
SCH
105
Shengqi Capital (HK)
Hong Kong
$46.6M +$14.1M +120,947 +34%
CLGM
106
Capitolis Liquid Global Markets
New York
$46.2M -$3.55M -30,500 -6%
Franklin Resources
107
Franklin Resources
California
$45.5M -$14.3M -123,257 -21%
BNP Paribas Asset Management
108
BNP Paribas Asset Management
France
$45.3M -$24.4M -209,493 -31%
TA
109
Trivest Advisors
Hong Kong
$44.6M -$90M -773,700 -63%
Janus Henderson Group
110
Janus Henderson Group
United Kingdom
$44.2M +$41.4M +355,712 +357%
MRCP
111
Maple Rock Capital Partners
Ontario, Canada
$44M -$11.2M -96,560 -18%
KM
112
Kora Management
New York
$44M -$9.89M -85,000 -16%
CCM
113
Causeway Capital Management
California
$43.3M -$37.5M -322,505 -42%
Man Group
114
Man Group
United Kingdom
$43.3M -$27M -231,704 -34%
3CP
115
3G Capital Partners
New York
$41.2M +$5.82M +50,000 +13%
DekaBank Deutsche Girozentrale
116
DekaBank Deutsche Girozentrale
Germany
$39.7M
SAM
117
Storebrand Asset Management
Norway
$39.6M +$270K +2,319 +0.6%
EFMH
118
E Fund Management (HK)
Hong Kong
$39.3M -$12.5M -107,488 -21%
D.E. Shaw & Co
119
D.E. Shaw & Co
New York
$39.2M -$55.9M -480,319 -54%
SG Americas Securities
120
SG Americas Securities
New York
$39M -$65.4M -562,440 -58%
AIM
121
Alpine Investment Management
Hong Kong
$38.8M +$46.5M +400,000 New
SC
122
Sylebra Capital
California
$38.8M -$10.8M -92,471 -19%
Zurich Cantonal Bank
123
Zurich Cantonal Bank
Switzerland
$36.9M +$1.94M +16,680 +5%
Mirae Asset Global Investments
124
Mirae Asset Global Investments
South Korea
$36.4M -$15.1M -129,966 -24%
Handelsbanken Fonder
125
Handelsbanken Fonder
Sweden
$36.2M +$1.27M +10,897 +3%

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.