Ticker · CUSIP 722304102

PDD

ADR

PINDUODUO INC

Consumer Cyclical·Internet Retail

···Share

Holders (tracked)

Combined shares

82,811,462

Combined value

$9.39B

Last close

$104.79

Quarter

2025Q4

Price is -7.6% vs the avg quarter-end implied price across tracked holders.

Price · 1Y$104.79+11.10 (+11.85%)H $138.13 · L $93.69 · Avg Vol 8.1M

Congress buyCongress sell

Tracked holders · last 8 quarters

+2 vs previous quarter over the last 8.

SEC event timeline

30 events

David Tepper (Appaloosa) trimmed2026-02-17
−25,000 shares · 2025Q4
Position
Ken Griffin (Citadel Advisors) trimmed2026-02-17
−1,028,796 shares · 2025Q4
Position
D.E. Shaw & Co. trimmed2026-02-17
−1,711,200 shares · 2025Q4
Position
Izzy Englander (Millennium Mgmt) added2026-02-17
+218,296 shares · 2025Q4
Position
Steve Cohen (Point72) exited2026-02-17
−614,101 shares · 2025Q4
Position
Wellington Management trimmed2026-02-17
−83,688 shares · 2025Q4
Position
Paul Tudor Jones (Tudor Investment) opened position2026-02-17
+151,348 shares · 2025Q4
Position
Brad Gerstner (Altimeter Capital) exited2026-02-17
−1,371,680 shares · 2025Q4
Position
T. Rowe Price trimmed2026-02-17
−2,107,418 shares · 2025Q4
Position
Hillhouse (HHLR Advisors) added2026-02-17
+2,128,800 shares · 2025Q4
Position
AQR Capital Management exited2026-02-17
−1,548 shares · 2025Q4
Position
Dodge & Cox opened position2026-02-13
+4,439,800 shares · 2025Q4
Position
Renaissance Technologies added2026-02-12
+109,500 shares · 2025Q4
Position
Norges Bank (Norway SWF) opened position2026-02-10
+9,396,292 shares · 2025Q4
Position
Ken Fisher (Fisher Asset Mgmt) trimmed2026-02-09
−2,760 shares · 2025Q4
Position
Baillie Gifford & Co trimmed2026-01-23
−766,680 shares · 2025Q4
Position
T. Rowe Price added2025-11-14
+332,847 shares · 2025Q3
Position
Ron Baron (Baron Capital / BAMCO) added2025-11-14
+8,643 shares · 2025Q3
Position
Hillhouse (HHLR Advisors) added2025-11-14
+1,615,796 shares · 2025Q3
Position
AQR Capital Management trimmed2025-11-14
−878,869 shares · 2025Q3
Position
Izzy Englander (Millennium Mgmt) added2025-11-14
+124,798 shares · 2025Q3
Position
Steve Cohen (Point72) added2025-11-14
+459,036 shares · 2025Q3
Position
Wellington Management trimmed2025-11-14
−25,124 shares · 2025Q3
Position
Brad Gerstner (Altimeter Capital) opened position2025-11-14
+1,371,680 shares · 2025Q3
Position
David Tepper (Appaloosa) trimmed2025-11-13
−200,000 shares · 2025Q3
Position
Renaissance Technologies trimmed2025-11-13
−577,600 shares · 2025Q3
Position
Norges Bank (Norway SWF) exited2025-11-13
−9,199,172 shares · 2025Q3
Position
Ken Fisher (Fisher Asset Mgmt) added2025-11-12
+11,800 shares · 2025Q3
Position
Norges Bank (Norway SWF) trimmed2025-11-12
−973,064 shares · 2024Q3
Position
Baillie Gifford & Co trimmed2025-10-31
−2,573,709 shares · 2025Q3
Position

Insider activity

No insider transactions in the last 30 days.

View full insider history for PDD →

Follow-the-investor returns

If you'd copied each holder of PDD…

Cost basis inferred from each manager's quarter-over-quarter position changes. Sorted by % return on the position they're still holding.

Investor	First in	Cost basis	Return	Position value today
Ken Fisher (Fisher Asset Mgmt)	2020Q1	$49.90	+110.0%	$60.1M
Baillie Gifford & Co	2018Q3	$69.56	+50.6%	$3.25B
Paul Tudor Jones (Tudor Investment)	2018Q3	$109.65	-4.4%	$15.9M
Paul Tudor Jones (Tudor Investment)	2018Q3	$109.65	-4.4%	$15.9M
Paul Tudor Jones (Tudor Investment)	2018Q3	$109.65	-4.4%	$15.9M
Li Lu (Himalaya Capital)	2020Q4	$110.41	-5.1%	$482.9M
Izzy Englander (Millennium Mgmt)	2018Q3	$113.01	-7.3%	$157.3M
Izzy Englander (Millennium Mgmt)	2018Q3	$113.01	-7.3%	$157.3M
Izzy Englander (Millennium Mgmt)	2018Q3	$113.01	-7.3%	$157.3M
Hillhouse (HHLR Advisors)	2018Q4	$113.34	-7.5%	$1.12B
Dodge & Cox	2025Q4	$113.39	-7.6%	$465.2M
Wellington Management	2020Q2	$113.50	-7.7%	$85.0M
Renaissance Technologies	2019Q2	$113.63	-7.8%	$28.7M
Ken Griffin (Citadel Advisors)	2019Q1	$114.49	-8.5%	$349.7M
Ken Griffin (Citadel Advisors)	2019Q1	$114.49	-8.5%	$349.7M
Ken Griffin (Citadel Advisors)	2019Q1	$114.49	-8.5%	$349.7M
D.E. Shaw & Co.	2019Q1	$117.32	-10.7%	$175.7M
D.E. Shaw & Co.	2019Q1	$117.32	-10.7%	$175.7M
T. Rowe Price	2019Q3	$117.51	-10.8%	$341.9M
Ron Baron (Baron Capital / BAMCO)	2018Q3	$122.25	-14.3%	$6.5M
David Tepper (Appaloosa)	2023Q2	$123.20	-14.9%	$186.0M
Steve Cohen (Point72)	2018Q3	$124.44	-15.8%	$51.7M
Steve Cohen (Point72)	2018Q3	$124.44	-15.8%	$51.7M
Norges Bank (Norway SWF)	2019Q1	$1630.58	-93.6%	$984.6M

Who moved on this name in 2025Q4

Position changes reported for the latest quarter, grouped by direction.

New positions3

Norges Bank (Norway SWF)
+9,396,292
$1.07B
Dodge & Cox
+4,439,800
$503.4M
Paul Tudor Jones (Tudor Investment)
+151,348
$17.2M

Added to3

Hillhouse (HHLR Advisors)
+2,128,800
$241.4M
Izzy Englander (Millennium Mgmt)
+218,296
$24.8M
Renaissance Technologies
+109,500
$12.4M

Trimmed7

D.E. Shaw & Co.
−1,711,200
$194.0M
Ken Griffin (Citadel Advisors)
−1,028,796
$116.7M
Baillie Gifford & Co
−766,680
$86.9M
Wellington Management
−83,688
$9.5M
David Tepper (Appaloosa)
−25,000
$2.8M
Ken Fisher (Fisher Asset Mgmt)
−2,760
$313K
T. Rowe Price
−2,107,418
$239K

Exited3

Brad Gerstner (Altimeter Capital)
−1,371,680
$181.3M
Steve Cohen (Point72)
−614,101
$81.2M
AQR Capital Management
−1,548
$206K

Institutional ownership over time

Distinct super-investors holding this ticker · combined dollar value, by quarter.

Quarter	Holders	Shares	Combined value	Δ holders
2022Q1	23	91,424,942	$182.24B	—
2022Q2	25	75,721,664	$300.48B	+2
2022Q3	27	85,380,514	$5.34B	+2
2022Q4	25	90,789,189	$7.40B	-2
2023Q1	25	91,188,496	$6.92B	—
2023Q2	25	89,074,111	$6.16B	—
2023Q3	26	103,728,904	$10.17B	+1
2023Q4	26	108,908,500	$15.93B	—
2024Q1	24	107,262,812	$12.47B	-2
2024Q2	34	120,046,664	$15.96B	+10
2024Q3	31	94,424,849	$50.88B	-3
2024Q4	30	91,055,463	$35.75B	-1
2025Q1	27	86,583,277	$10.25B	-3
2025Q2	24	81,483,820	$8.53B	-3
2025Q3	22	74,218,697	$9.81B	-2
2025Q4	24	82,811,462	$9.39B	+2

Congress members trading this stock

Date	Member	Type	Amount range	Filing
2025-10-31	Lisa McClain	Sell	$1K – $15K	PDF ↗
2025-10-30	Lisa McClain	Buy	$1K – $15K	PDF ↗
2025-10-30	Lisa McClain	Sell	$1K – $15K	PDF ↗
2025-07-16	Lisa McClain	Buy	$1K – $15K	PDF ↗
2025-06-10	Lisa McClain	Sell (P)	$1K – $15K	PDF ↗
2025-06-09	Lisa McClain	Buy	$1K – $15K	PDF ↗

Who owns PDD

24 super-investors · 2025Q4

Tracked stake

82.81M

Combined value

$9.39B

% of shares outstanding

—

shares-out unknown

Quarter action mix

New5Added5Trim10Sold2Held2

#	Manager	Shares	Value	% of book	Last action	8Q trend
1	Baillie Gifford & Co	31.03M	$3.52B	2.9%	Trim−766.7K
2	Hillhouse HHLR Advisors	10.72M	$1.22B	39.2%	Added+2.13M
3	Norges Bank Norway SWF	9.40M	$1.07B	0.1%	New+9.40M
4	Ken Griffin Citadel Advisors	4.67M	$529M	0.1%	Trim−1.03M
5	Li Lu Himalaya Capital	4.61M	$523M	14.6%	Held
6	Dodge & Cox	4.44M	$503M	0.3%	New+4.44M	—
7	Ken Griffin Citadel Advisors	3.34M	$378M	0.1%	Trim−1.03M
8	T. Rowe Price	3.26M	$370M	0.0%	Trim−2.11M
9	D.E. Shaw & Co.	2.21M	$250M	0.1%	Trim−1.71M
10	David Tepper Appaloosa	1.77M	$201M	2.9%	Trim−25.0K
11	D.E. Shaw & Co.	1.68M	$190M	0.1%	Trim−1.71M
12	Izzy Englander Millennium Mgmt	1.50M	$170M	0.1%	Added+218.3K
13	Wellington Management	810.9K	$92M	0.0%	Trim−83.7K
14	Ken Fisher Fisher Asset Mgmt	573.2K	$65M	0.0%	Trim−2.8K
15	Steve Cohen Point72	493.8K	$56M	0.1%	Sold−614.1K
16	Izzy Englander Millennium Mgmt	441.6K	$50M	0.0%	Added+218.3K
17	Izzy Englander Millennium Mgmt	382.6K	$43M	0.0%	Added+218.3K
18	Ken Griffin Citadel Advisors	315.3K	$36M	0.0%	Trim−1.03M
19	Steve Cohen Point72	296.3K	$34M	0.0%	Sold−614.1K
20	Paul Tudor Jones Tudor Investment	274.5K	$31M	0.1%	New+151.3K
21	Renaissance Technologies	273.9K	$31M	0.0%	Added+109.5K
22	Paul Tudor Jones Tudor Investment	151.3K	$17M	0.0%	New+151.3K
23	Paul Tudor Jones Tudor Investment	112.0K	$13M	0.0%	New+151.3K
24	Ron Baron Baron Capital / BAMCO	62.4K	$7M	0.0%	Held

Recent moves

20 transactions

TRIMT. Rowe Price
−2,107,418 · 2025Q4
SOLDBrad Gerstner (Altimeter Capital)
−1,371,680 · 2025Q4
ADDHillhouse (HHLR Advisors)
+2,128,800 · 2025Q4
TRIMKen Griffin (Citadel Advisors)
−1,028,796 · 2025Q4
TRIMD.E. Shaw & Co.
−1,711,200 · 2025Q4
SOLDSteve Cohen (Point72)
−614,101 · 2025Q4
SOLDAQR Capital Management
−1,548 · 2025Q4
TRIMWellington Management
−83,688 · 2025Q4
TRIMDavid Tepper (Appaloosa)
−25,000 · 2025Q4
NEWPaul Tudor Jones (Tudor Investment)
+151,348 · 2025Q4
ADDIzzy Englander (Millennium Mgmt)
+218,296 · 2025Q4
NEWDodge & Cox
+4,439,800 · 2025Q4
ADDRenaissance Technologies
+109,500 · 2025Q4
NEWNorges Bank (Norway SWF)
+9,396,292 · 2025Q4
TRIMKen Fisher (Fisher Asset Mgmt)
−2,760 · 2025Q4
TRIMBaillie Gifford & Co
−766,680 · 2025Q4
ADDIzzy Englander (Millennium Mgmt)
+124,798 · 2025Q3
ADDSteve Cohen (Point72)
+459,036 · 2025Q3
ADDT. Rowe Price
+332,847 · 2025Q3
TRIMWellington Management
−25,124 · 2025Q3

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