Pinduoduo
PDD
352 hedge funds and large institutions have $11B invested in Pinduoduo in 2022 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 161 increasing their positions, 95 reducing their positions, and 57 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 95
0.08% more ownership
Funds ownership: 5.39% → 5.47% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 31 → 31 (0)
4% less call options, than puts
Call options by funds: $699M | Put options by funds: $731M
7% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 57
2% less funds holding
Funds holding: 361 → 352 (-9)
30% less capital invested
Capital invested by funds: $15.7B → $11B (-$4.71B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$656M |
| 2 |
JP Morgan Chase
New York
|
+$186M |
| 3 |
Two Sigma Investments
New York
|
+$154M |
| 4 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$117M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$699M |
| 2 |
Tiger Global Management
New York
|
-$515M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$215M |
| 4 |
AIM
Anatole Investment Management
Central,
Hong Kong
|
-$214M |
| 5 |
TCM
Tybourne Capital Management
Hong Kong
|
-$204M |
PDD Hedge Fund Activity: Q1 2022 in Review
352 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q1 2022, worth a combined $11B — down 30% from $15.7B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of PDD and 53 opened new positions — a net loss of 4 holders — while 95 trimmed existing stakes and 161 added.
The largest buyer was Fidelity Investments, adding an estimated $656M. The largest seller was Invesco, cutting an estimated $699M.
- 352 institutional investors held Pinduoduo (PDD) as of Q1 2022, down from 361 in Q4 2021.
- Funds reported $11B of Pinduoduo stock for Q1 2022, down 30% quarter-over-quarter.
- 53 funds opened new Pinduoduo positions in Q1 2022 and 57 closed out, a net change of -4 holders.
- The largest Pinduoduo buyer in Q1 2022 was Fidelity Investments, an estimated $656M added.
- The largest Pinduoduo seller in Q1 2022 was Invesco, an estimated $699M sold.
Based on aggregated 13F filings for Q1 2022.