USS Investment Management Ltd PDD — PINDUODUO INC

Ownership history in USS Investment Management Ltd  ·  21 quarters on record

AI Ownership Summary

USS Investment Management Ltd reported PINDUODUO INC (PDD) in 21 quarterly 13F filings from 2024 Q1 through 2026 Q1. Peak portfolio weight reached 0.48% in 2024 Q3. The latest visible filing shows PDD at 0.28% 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 USS Investment Management Ltd'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
2026 Q1

PDD was reported at 0.28% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.48% in 2024 Q3

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

Time in book
Holding Window
2024 Q1 to 2026 Q1

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 USS Investment Management Ltd fund profile USS Investment Management Ltd full holdings
How USS Investment Management Ltd 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 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 697,636 +322,560 +86.0% 0.28% $71.3M 2026-04-24 $98.03
2025 Q4 REDUCED 20.5% -9.9% ✅ 375,076 -96,978 -20.5% 0.20% $42.5M 2026-02-13 $100.28
2025 Q3 ADDED — — — 472,054 +260,209 +122.8% 0.28% $62.4M 2025-11-13 $134.47
2025 Q2 REDUCED 20.7% +24.9% ❌ 211,845 -55,308 -20.7% 0.13% $22.2M 2025-08-14 $114.74
2025 Q1 UNCHANGED — — — 267,153 — 0% 0.23% $31.6M 2025-05-15 $117.84
2024 Q4 REDUCED 45.1% +22.0% ❌ 267,153 -219,622 -45.1% 0.18% $25.9M 2025-02-14 $124.16
2024 Q3 ADDED — — — 486,775 +62,984 +14.9% 0.48% $65.6M 2024-11-13 $113.41
2024 Q2 REDUCED 10.8% +1.4% ❌ 423,791 -51,492 -10.8% 0.45% $56.3M 2024-08-14 $141.98
2024 Q1 ADDED — — — 475,283 +35,321 +8.0% 0.45% $55.2M 2024-05-15 $141.30
12 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding PDD

As of 2026 Q2 — sorted by position size

Nipun Capital, L.P. 1.0% Handelsbanken Fonder AB 3Y 7Y 0.09% RAMSEY QUANTITATIVE SYSTEMS 3Y 7Y 0.05% FNY Investment Advisers, LLC 3Y 7Y 0.04% WASATCH ADVISORS LP 3Y 7Y 0.02% Hennion & Walsh Asset Management, Inc. 3Y 0.02% Grove Bank & Trust 3Y 7Y 0.0% GAMMA Investing LLC 0.0% Dogwood Wealth Management LLC 0.0% JFS WEALTH ADVISORS, LLC 3Y 7Y 0.0%

FAQ About USS Investment Management Ltd and PDD

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

How long has USS Investment Management Ltd reported owning PDD?

USS Investment Management Ltd reported PDD across 9 quarterly 13F filings, from 2024 Q1 through 2026 Q1.

What was the largest reported PDD position in USS Investment Management Ltd's portfolio?

The largest reported portfolio weight for PDD was 0.48% in 2024 Q3.

What is the latest reported PDD position on this page?

The most recent filing on this page is 2026 Q1, when USS Investment Management Ltd reported 697,636 shares, equal to 0.28% of portfolio, with an estimated market value of $71.3M.

What does the chart on this PDD ownership page compare?

The chart compares USS Investment Management Ltd'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.

How well did USS Investment Management Ltd time their PDD position?

Based on 13F filing dates vs. subsequent PDD price moves, USS Investment Management Ltd correctly timed 9 out of 15 reported position changes (60%). The annualised alpha on PDD relative to SPY over the holding period was -23.1%.

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