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Pinduoduo

577 hedge funds and large institutions have $44.2B invested in Pinduoduo in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 226 increasing their positions, 202 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 202

2% more funds holding in top 10

Funds holding in top 10: 8284 (+2)

5% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 94

0.27% less ownership

Funds ownership: 7.79%7.52% (-0.27%)

1% less funds holding

Funds holding: 582577 (-5)

20% less call options, than puts

Call options by funds: $3.4B | Put options by funds: $4.26B

23% less capital invested

Capital invested by funds: $57.6B → $44.2B (-$13.4B)

Holders
577
Holders Change
-5
Holders Change %
-0.86%
% of All Funds
8.31%
Holding in Top 10
84
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+2.44%
% of All Funds
1.21%
New
99
Increased
226
Reduced
202
Closed
94
Calls
$3.4B
Puts
$4.26B
Net Calls
-$867M
Net Calls Change
-$1.84B
Name Holding Trade Value Shares
Change
Change in
Stake
RAM
176
RWC Asset Management
United Kingdom
$21.4M -$45.5M -347,602 -65%
TIM
177
Thornburg Investment Management
New Mexico
$21M -$8.05M -61,475 -25%
National Pension Service
178
National Pension Service
South Korea
$20.2M -$292K -2,228 -1%
RAM
179
Resona Asset Management
Japan
$20.2M +$22.7M +173,428 New
DB
180
Danske Bank
Denmark
$19.2M +$21.7M +165,278 New
Macquarie Group
181
Macquarie Group
Australia
$19.2M +$1.71M +13,065 +9%
GC
182
Guggenheim Capital
Illinois
$18.8M -$1.03M -7,867 -5%
Jennison Associates
183
Jennison Associates
New York
$18.4M -$2.98M -22,711 -13%
NFT
184
Nan Fung Trinity
Hong Kong
$17.8M
PAEMF
185
Panview Asian Equity Master Fund
Hong Kong
$17.6M +$19.8M +151,000 New
ARAM
186
Ardmore Road Asset Management
New York
$17.4M +$11.8M +90,000 +150%
KC
187
Kadensa Capital
Hong Kong
$17.2M +$6.24M +47,651 +47%
Asset Management One
188
Asset Management One
Japan
$17.2M -$664K -5,071 -3%
GAAM
189
Grand Alliance Asset Management
Hong Kong
$17.1M +$17.2M +131,310 +813%
JAM
190
Jupiter Asset Management
United Kingdom
$16.4M +$10.2M +77,781 +123%
TD Asset Management
191
TD Asset Management
Ontario, Canada
$16.3M -$2.68M -20,460 -13%
Tudor Investment Corp
192
Tudor Investment Corp
Connecticut
$16.1M +$18.2M +138,596 New
Mackenzie Financial
193
Mackenzie Financial
Ontario, Canada
$16M +$11.6M +88,304 +180%
DACS
194
Dymon Asia Capital (Singapore)
Singapore
$15.8M +$17.8M +135,934 New
PI
195
PineBridge Investments
New York
$15.8M -$4.27M -32,599 -19%
FFM
196
Fullerton Fund Management
Singapore
$15.1M -$67.5M -515,276 -80%
DZ Bank
197
DZ Bank
Germany
$14.8M +$3.13M +23,853 +23%
ASI
198
All-Stars Investment
Hong Kong
$14.8M
MME
199
Meag Munich Ergo
Germany
$14.7M -$2.2M -16,796 -12%
New York State Common Retirement Fund
200
New York State Common Retirement Fund
New York
$14.6M -$9.38M -71,609 -36%

PDD Hedge Fund Activity: Q1 2024 in Review

577 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q1 2024, worth a combined $44.2B — down 23% from $57.6B a quarter earlier.

Buyers outnumbered sellers: 99 funds opened new PDD positions and 94 closed out — a net gain of 5 holders — while 226 added to existing stakes and 202 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $727M. The largest seller was Morgan Stanley, cutting an estimated $1.47B.

  • 577 institutional investors held Pinduoduo (PDD) as of Q1 2024, down from 582 in Q4 2023.
  • Funds reported $44.2B of Pinduoduo stock for Q1 2024, down 23% quarter-over-quarter.
  • 99 funds opened new Pinduoduo positions in Q1 2024 and 94 closed out, a net change of +5 holders.
  • The largest Pinduoduo buyer in Q1 2024 was Goldman Sachs, an estimated $727M added.
  • The largest Pinduoduo seller in Q1 2024 was Morgan Stanley, an estimated $1.47B sold.

Based on aggregated 13F filings for Q1 2024.