Pinduoduo
PDD
647 hedge funds and large institutions have $57.6B invested in Pinduoduo in 2024 Q2 according to their latest regulatory filings, with 147 funds opening new positions, 284 increasing their positions, 171 reducing their positions, and 68 closing their positions.
194% more capital inflows, than outflows
Capital inflows: $11.4B | Capital outflows: $3.87B
116% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 68
66% more repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 171
27% more call options, than puts
Call options by funds: $7.92B | Put options by funds: $6.25B
15% more funds holding in top 10
Funds holding in top 10: 85 → 98 (+13)
12% more funds holding
Funds holding: 578 → 647 (+69)
2.61% more ownership
Funds ownership: 28.61% → 31.22% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSG Holding
Na,
Hong Kong
|
+$2.02B |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.46B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$631M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$539M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$432M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$1.4B |
| 2 |
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$393M |
| 3 |
NMO
Newlands Management Operations
Dallas,
Texas
|
-$227M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$93.7M |
| 5 |
Coatue Management
New York
|
-$80.5M |
PDD Hedge Fund Activity: Q2 2024 in Review
647 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q2 2024, worth a combined $57.6B — up 30% from $44.2B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new PDD positions and 68 closed out — a net gain of 79 holders — while 284 added to existing stakes and 171 trimmed.
The largest buyer was HSG Holding, adding an estimated $2.02B. The largest seller was UBS AM, cutting an estimated $1.4B.
- 647 institutional investors held Pinduoduo (PDD) as of Q2 2024, up from 578 in Q1 2024.
- Funds reported $57.6B of Pinduoduo stock for Q2 2024, up 30% quarter-over-quarter.
- 147 funds opened new Pinduoduo positions in Q2 2024 and 68 closed out, a net change of +79 holders.
- The largest Pinduoduo buyer in Q2 2024 was HSG Holding, an estimated $2.02B added.
- The largest Pinduoduo seller in Q2 2024 was UBS AM, an estimated $1.4B sold.
Based on aggregated 13F filings for Q2 2024.