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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
PFU
201
Parus Finance (UK)
United Kingdom
$14.5M +$15.2M +115,993 +1,379%
PAM
202
Panagora Asset Management
Massachusetts
$14.4M +$421K +3,216 +3%
Janus Henderson Group
203
Janus Henderson Group
United Kingdom
$14.3M -$1.68M -12,860 -9%
AP
204
AlpInvest Partners
Netherlands
$14.3M
FC
205
FACT Capital
New York
$14.2M +$768K +5,865 +5%
PI
206
PEAK6 Investments
Illinois
$14.1M +$15.9M +120,994 New
PCMH
207
Polymer Capital Management (HK)
Hong Kong
$14M +$2.67M +20,379 +20%
Nomura Holdings
208
Nomura Holdings
Japan
$13.7M -$73.8M -563,224 -83%
CIBC Asset Management
209
CIBC Asset Management
Ontario, Canada
$13.6M +$1.03M +7,870 +7%
ACM
210
Aubrey Capital Management
United Kingdom
$13.5M +$2.69M +20,500 +21%
CI Investments Inc
211
CI Investments Inc
Ontario, Canada
$13.4M -$7.3M -55,748 -33%
TC
212
TwinBeech Capital
New York
$13.4M -$2.69M -20,502 -15%
HHII
213
H&H International Investment
California
$12.8M +$14.4M +110,000 New
RhumbLine Advisers
214
RhumbLine Advisers
Massachusetts
$11.9M -$166K -1,267 -1%
Rafferty Asset Management
215
Rafferty Asset Management
New York
$11.7M +$3.63M +27,715 +38%
LFDLE
216
La Financiere de L'Echiquier
France
$11.6M -$7.21M -55,000 -36%
PL
217
Portman Ltd
Cayman Islands
$11.5M +$13M +99,219 New
BCP
218
Breakout Capital Partners
New York
$11.3M -$3.76M -28,680 -23%
DnB Asset Management
219
DnB Asset Management
Norway
$11.1M -$20.8M -158,649 -62%
CC
220
Carrhae Capital
United Kingdom
$11.1M +$427K +3,257 +4%
AAMU
221
AEGON Asset Management (UK)
United Kingdom
$10.8M -$2.69M -20,562 -18%
OCAM
222
Owl Creek Asset Management
New York
$10.7M +$12M +91,643 New
GXJ
223
Global X Japan
Japan
$10.6M +$10.4M +79,729 +697%
Nomura Asset Management
224
Nomura Asset Management
Japan
$10.4M +$148K +1,131 +1%
TI
225
Trexquant Investment
Connecticut
$10.3M -$1.06M -8,079 -8%

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.