Pinduoduo
PDD
186 hedge funds and large institutions have $5.52B invested in Pinduoduo in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 59 increasing their positions, 61 reducing their positions, and 36 closing their positions.
83% more capital invested
Capital invested by funds: $3.01B → $5.52B (+$2.51B)
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
6% more funds holding
Funds holding: 175 → 186 (+11)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
0.99% more ownership
Funds ownership: 5.67% → 6.65% (+0.99%)
3% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 61
54% less call options, than puts
Call options by funds: $157M | Put options by funds: $340M
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$110M |
| 2 |
Goldman Sachs
New York
|
-$45.4M |
| 3 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
-$37.7M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$30.4M |
| 5 |
WAM
WT Asset Management
Hong Kong
|
-$27.1M |
PDD Hedge Fund Activity: Q3 2019 in Review
186 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q3 2019, worth a combined $5.52B — up 83% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PDD positions and 36 closed out — a net gain of 12 holders — while 59 added to existing stakes and 61 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $382M. The largest seller was Morgan Stanley, cutting an estimated $110M.
- 186 institutional investors held Pinduoduo (PDD) as of Q3 2019, up from 175 in Q2 2019.
- Funds reported $5.52B of Pinduoduo stock for Q3 2019, up 83% quarter-over-quarter.
- 48 funds opened new Pinduoduo positions in Q3 2019 and 36 closed out, a net change of +12 holders.
- The largest Pinduoduo buyer in Q3 2019 was Baillie Gifford & Co, an estimated $382M added.
- The largest Pinduoduo seller in Q3 2019 was Morgan Stanley, an estimated $110M sold.
Based on aggregated 13F filings for Q3 2019.