Pinduoduo
PDD
449 hedge funds and large institutions have $26.5B invested in Pinduoduo in 2022 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 175 increasing their positions, 130 reducing their positions, and 49 closing their positions.
106% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 49
38% more capital invested
Capital invested by funds: $19.2B → $26.5B (+$7.31B)
35% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 130
20% more funds holding in top 10
Funds holding in top 10: 55 → 66 (+11)
9% more funds holding
Funds holding: 411 → 449 (+38)
4% more call options, than puts
Call options by funds: $2.4B | Put options by funds: $2.3B
0.36% more ownership
Funds ownership: 6.07% → 6.43% (+0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$305M |
| 2 |
TA
Trivest Advisors
Hong Kong
|
+$246M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$209M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$193M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$183M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$329M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$326M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$253M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$241M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$154M |
PDD Hedge Fund Activity: Q4 2022 in Review
449 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q4 2022, worth a combined $26.5B — up 38% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new PDD positions and 49 closed out — a net gain of 52 holders — while 175 added to existing stakes and 130 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $305M. The largest seller was Fidelity Investments, cutting an estimated $329M.
- 449 institutional investors held Pinduoduo (PDD) as of Q4 2022, up from 411 in Q3 2022.
- Funds reported $26.5B of Pinduoduo stock for Q4 2022, up 38% quarter-over-quarter.
- 101 funds opened new Pinduoduo positions in Q4 2022 and 49 closed out, a net change of +52 holders.
- The largest Pinduoduo buyer in Q4 2022 was D.E. Shaw & Co, an estimated $305M added.
- The largest Pinduoduo seller in Q4 2022 was Fidelity Investments, an estimated $329M sold.
Based on aggregated 13F filings for Q4 2022.