PDD — PINDUODUO INC

Ownership history in HSG Holding Ltd · 30 quarters on record

This page tracks every 13F SEC filing in which HSG Holding Ltd reported a position in PINDUODUO INC (PDD). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price — sourced directly from SEC EDGAR 13F filings.

Peak position

81.49% (2024 Q4)

Avg. % of fund

32.59%

First filed

2018 Q3

Last filed

2025 Q4

Quarters held

30

Quarter	Action	Shares	Change	Chg %	% of Fund	Mkt Value	Price (EOQ)
2025 Q4	UNCHANGED	11,348,426	—	0%	63.61%	$1.20B	$113.39
2025 Q3	REDUCED	11,348,426	-2,247,569	-16.5%	77.21%	$1.48B	$132.17
2025 Q2	UNCHANGED	13,595,995	—	0%	73.32%	$1.42B	$104.66
2025 Q1	UNCHANGED	13,595,995	—	0%	80.18%	$1.37B	$118.35

% of Fund (quarterly) PDD price (monthly, adj. close)

Other funds also holding PDD

As of 2025 Q4 — sorted by position size

NetEase, Inc. 3Y 93.24% Capital Today Evergreen Fund, L.P. 3Y 85.65% IDG China Venture Capital Fund IV Associates L.P. 3Y 84.94% IvyRock Asset Management (HK) Ltd 3Y 59.3% Maytree Asset Management Ltd 3Y 43.14% HHLR ADVISORS, LTD. 3Y 7Y 39.17% Green Court Capital Management Ltd 3Y 7Y 38.25% Triata Capital Ltd 35.15% Perseverance Asset Management International 3Y 32.6% True Light Capital Pte. Ltd. 30.82%

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