USS Investment Management Ltd Grows Position in PDD Holdings Inc. Sponsored ADR $PDD

Posted by on Jul 1st, 2026

USS Investment Management Ltd raised its stake in shares of PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Free Report) by 86.0% during the 1st quarter, Holdings Channel.com reports. The fund owned 697,636 shares of the company’s stock after acquiring an additional 322,560 shares during the period. USS Investment Management Ltd’s holdings in PDD were worth $71,295,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of PDD by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 32,810,630 shares of the company’s stock worth $3,720,397,000 after acquiring an additional 425,908 shares in the last quarter. Norges Bank bought a new position in shares of PDD during the fourth quarter valued at about $1,065,446,000. Geode Capital Management LLC boosted its holdings in PDD by 5.6% during the fourth quarter. Geode Capital Management LLC now owns 6,759,780 shares of the company’s stock worth $761,720,000 after purchasing an additional 359,921 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in PDD by 305.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 6,728,909 shares of the company’s stock worth $762,991,000 after purchasing an additional 5,070,827 shares during the last quarter. Finally, Krane Funds Advisors LLC grew its position in PDD by 4.2% in the 4th quarter. Krane Funds Advisors LLC now owns 6,397,960 shares of the company’s stock worth $725,465,000 after purchasing an additional 258,888 shares in the last quarter. 39.83% of the stock is owned by hedge funds and other institutional investors.

PDD Stock Performance

Shares of NASDAQ:PDD opened at $76.28 on Wednesday. The company has a market capitalization of $108.58 billion, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 0.62 and a beta of -0.02. The company’s 50-day moving average is $89.67 and its 200 day moving average is $100.06. PDD Holdings Inc. Sponsored ADR has a fifty-two week low of $71.94 and a fifty-two week high of $139.41.

PDD (NASDAQ:PDD – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.40 by ($1.02). The company had revenue of $15.41 billion for the quarter, compared to analysts’ expectations of $15.92 billion. PDD had a return on equity of 24.32% and a net margin of 21.86%.The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $1.57 EPS. As a group, research analysts predict that PDD Holdings Inc. Sponsored ADR will post 9.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on PDD. Jefferies Financial Group reiterated a “buy” rating on shares of PDD in a research note on Wednesday, May 27th. BNP Paribas Exane started coverage on PDD in a research note on Monday, June 15th. They issued an “underperform” rating and a $89.00 target price on the stock. Benchmark reduced their target price on PDD from $160.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, May 28th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of PDD in a research report on Thursday, May 28th. Finally, Arete Research upgraded PDD from a “neutral” rating to a “buy” rating and set a $121.00 price target on the stock in a report on Friday, April 17th. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $124.64.

Check Out Our Latest Research Report on PDD

PDD Company Profile

(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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Want to see what other hedge funds are holding PDD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Free Report).

Institutional Ownership by Quarter for PDD (NASDAQ:PDD)

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