PDD — PINDUODUO INC

Ownership history in Cubist Systematic Strategies, LLC  ·  48 quarters on record

AI Ownership Summary

Cubist Systematic Strategies, LLC reported PINDUODUO INC (PDD) in 48 quarterly 13F filings from 2023 Q4 through 2025 Q3. Peak portfolio weight reached 0.34% in 2025 Q1. The latest visible filing shows PDD at 0.31% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this PDD ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Cubist Systematic Strategies, LLC's position in PINDUODUO INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

PDD was reported at 0.31% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.34% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

PDD stock page Cubist Systematic Strategies, LLC fund profile Cubist Systematic Strategies, LLC full holdings
How Cubist Systematic Strategies, LLC held PDD — position size vs. price
% of Fund (quarterly)    PDD price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 19 quarters  ▾
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 ADDED 487,500 +128,000 +35.6% 0.31% $64.4M 2025-11-14 (Est.) $130.95
2025 Q3 REDUCED 359,500 -34,100 -8.7% 0.23% $47.5M 2025-11-14 (Est.) $130.95
2025 Q2 ADDED 393,600 +95,400 +32.0% 0.19% $41.2M 2025-08-14 $114.74
2025 Q2 ADDED 298,200 +5,200 +1.8% 0.14% $31.2M 2025-08-14 $114.74
2025 Q1 REDUCED 293,000 -180,100 -38.1% 0.21% $34.7M 2025-05-15 $117.84
2025 Q1 ADDED 473,100 +139,700 +41.9% 0.34% $56.0M 2025-05-15 $117.84
2024 Q4 REDUCED 333,400 -127,500 -27.7% 0.20% $32.3M 2025-02-14 $124.16
2024 Q4 ADDED 460,900 +255,700 +124.6% 0.28% $44.7M 2025-02-14 $124.16
2024 Q3 REDUCED 205,200 -103,000 -33.4% 0.17% $27.7M 2024-11-14 $112.33
2024 Q3 ADDED 308,200 +270,200 +711.1% 0.25% $41.5M 2024-11-14 $112.33
2024 Q2 REDUCED 38,000 -154,900 -80.3% 0.03% $5.1M 2024-08-14 $141.98
2024 Q2 REDUCED 192,900 -106,866 -35.6% 0.17% $25.6M 2024-08-14 $141.98
2024 Q2 ADDED 299,766 +164,966 +122.4% 0.27% $39.9M 2024-08-14 $141.98
2024 Q1 REDUCED 134,800 -13,900 -9.3% 0.09% $15.7M 2024-05-15 $141.30
2024 Q1 REDUCED 148,700 -37,368 -20.1% 0.10% $17.3M 2024-05-15 $141.30
2024 Q1 REDUCED 186,068 -69,932 -27.3% 0.12% $21.6M 2024-05-15 $141.30
2023 Q4 ADDED 256,000 +165,454 +182.7% 0.24% $37.5M 2024-02-14 $132.01
2023 Q4 REDUCED 90,546 -40,054 -30.7% 0.09% $13.2M 2024-02-14 $132.01
2023 Q4 REDUCED 130,600 -20,700 -13.7% 0.12% $19.1M 2024-02-14 $132.01
29 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding PDD

As of 2026 Q1 — sorted by position size

Franchise GP Ltd 18.71% E Fund Management Co., Ltd. 3Y 13.94% E Fund Management (Hong Kong) Co., Ltd. 3Y 12.99% TB Alternative Assets Ltd. 3Y 7Y 7.23% AMIRAL GESTION 1.53% GF FUND MANAGEMENT CO. LTD. 1.42% Global X Japan Co., Ltd. 1.35% SG Americas Securities, LLC 3Y 7Y 0.69% Henry James International Management Inc. 3Y 7Y 0.6% Robeco Institutional Asset Management B.V. 3Y 7Y 0.36%

FAQ About Cubist Systematic Strategies, LLC and PDD

These are the practical questions this page is built to answer before you even open the full history table.

How long has Cubist Systematic Strategies, LLC reported owning PDD?

Cubist Systematic Strategies, LLC reported PDD across 19 quarterly 13F filings, from 2023 Q4 through 2025 Q3.

What was the largest reported PDD position in Cubist Systematic Strategies, LLC's portfolio?

The largest reported portfolio weight for PDD was 0.34% in 2025 Q1.

What is the latest reported PDD position on this page?

The most recent filing on this page is 2025 Q3, when Cubist Systematic Strategies, LLC reported 487,500 shares, equal to 0.31% of portfolio, with an estimated market value of $64.4M.

What does the chart on this PDD ownership page compare?

The chart compares Cubist Systematic Strategies, LLC's quarterly PDD portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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