Central Asset Investments & Management Holdings HK Ltd Reduces Position in PDD Holdings Inc. Sponsored ADR $PDD

Posted by on May 14th, 2026

Central Asset Investments & Management Holdings HK Ltd lessened its position in shares of PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Free Report) by 63.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,083 shares of the company’s stock after selling 24,267 shares during the quarter. PDD comprises 1.0% of Central Asset Investments & Management Holdings HK Ltd’s investment portfolio, making the stock its 16th biggest holding. Central Asset Investments & Management Holdings HK Ltd’s holdings in PDD were worth $1,597,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in PDD by 595.0% during the 4th quarter. GAMMA Investing LLC now owns 278 shares of the company’s stock worth $32,000 after buying an additional 238 shares during the last quarter. Binnacle Investments Inc grew its stake in PDD by 281.7% during the 3rd quarter. Binnacle Investments Inc now owns 271 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the last quarter. Wexford Capital LP purchased a new position in PDD during the 3rd quarter worth approximately $44,000. Assetmark Inc. grew its stake in PDD by 314.4% during the 3rd quarter. Assetmark Inc. now owns 402 shares of the company’s stock worth $53,000 after buying an additional 305 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in PDD by 720.4% during the 3rd quarter. Larson Financial Group LLC now owns 402 shares of the company’s stock worth $53,000 after acquiring an additional 353 shares during the period. Hedge funds and other institutional investors own 39.83% of the company’s stock.

PDD Price Performance

PDD opened at $99.60 on Thursday. The business has a 50 day simple moving average of $100.55 and a 200-day simple moving average of $109.80. The stock has a market capitalization of $141.77 billion, a P/E ratio of 10.60, a P/E/G ratio of 0.90 and a beta of 0.04. PDD Holdings Inc. Sponsored ADR has a 12 month low of $95.24 and a 12 month high of $139.41.

Analyst Ratings Changes

A number of research firms have weighed in on PDD. Citigroup reaffirmed a “neutral” rating on shares of PDD in a research report on Wednesday, January 28th. Arete Research raised PDD from a “neutral” rating to a “buy” rating and set a $121.00 price objective for the company in a research report on Friday, April 17th. Nomura raised PDD from a “neutral” rating to a “buy” rating and set a $136.00 price objective for the company in a research report on Friday, March 27th. Wall Street Zen cut PDD from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Morgan Stanley set a $148.00 price objective on PDD in a research report on Thursday, January 15th. Six analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, PDD presently has a consensus rating of “Hold” and an average price target of $137.86.

Read Our Latest Stock Analysis on PDD

About PDD

(Free Report)

PDD (NASDAQ: PDD) is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.

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Institutional Ownership by Quarter for PDD (NASDAQ:PDD)

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