Pinduoduo
PDD
586 hedge funds and large institutions have $39.5B invested in Pinduoduo in 2024 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 195 increasing their positions, 224 reducing their positions, and 118 closing their positions.
29% more call options, than puts
Call options by funds: $6.19B | Put options by funds: $4.81B
0.41% less ownership
Funds ownership: 7.63% → 7.21% (-0.41%)
4% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 118
2% less funds holding
Funds holding: 601 → 586 (-15)
8% less funds holding in top 10
Funds holding in top 10: 79 → 73 (-6)
13% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 224
29% less capital invested
Capital invested by funds: $55.8B → $39.5B (-$16.3B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$600M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$544M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$390M |
| 4 |
HHII
H&H International Investment
Palo Alto,
California
|
+$386M |
| 5 |
Tiger Global Management
New York
|
+$306M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$1.42B |
| 2 |
TC
Tairen Capital
Hong Kong
|
-$559M |
| 3 |
Goldman Sachs
New York
|
-$321M |
| 4 |
Coatue Management
New York
|
-$280M |
| 5 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$237M |
PDD Hedge Fund Activity: Q4 2024 in Review
586 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Pinduoduo (PDD) for Q4 2024, worth a combined $39.5B — down 29% from $55.8B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of PDD and 113 opened new positions — a net loss of 5 holders — while 224 trimmed existing stakes and 195 added.
The largest buyer was Sanders Capital, opening a new position worth an estimated $600M. The largest seller was UBS AM, cutting an estimated $1.42B.
- 586 institutional investors held Pinduoduo (PDD) as of Q4 2024, down from 601 in Q3 2024.
- Funds reported $39.5B of Pinduoduo stock for Q4 2024, down 29% quarter-over-quarter.
- 113 funds opened new Pinduoduo positions in Q4 2024 and 118 closed out, a net change of -5 holders.
- The largest Pinduoduo buyer in Q4 2024 was Sanders Capital, an estimated $600M added.
- The largest Pinduoduo seller in Q4 2024 was UBS AM, an estimated $1.42B sold.
Based on aggregated 13F filings for Q4 2024.