Anatole Investment Management Ltd: PDD HOLDINGS INC (PDD): Quarterly 13F Position History
As of Q1 2026, Anatole Investment Management Ltd reported 502,925 shares of PDD HOLDINGS INC (PDD), worth $51.4M and representing 7.2% of its 13F equity book. Quarter-over-quarter share count change: 334,508 (-39.9%) . The position first appeared in Q2 2020 and has been disclosed across 24 13F-HR filings in Pactolio's tracked window.
- 502,925Shares Held (Latest Filing)
- $51.4MReported Market Value (Latest Filing)
- 7.2%Portfolio Weight (% of 13F Equity Book)
- 334,508Quarter-over-Quarter Share Change
- -$43.6MQuarter-over-Quarter Value Change
- 2,907,087Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 24 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 502,925 | 334,508 | -39.9% | $51.4M | 7.2% | $102.2 |
| Q4 2025 | 837,433 | +837,433 | — | $95.0M | 15.8% | $113.4 |
| Q3 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2025 | 0 | 491,799 | -100.0% | $0 | 0.0% | — |
| Q1 2025 | 491,799 | +491,799 | — | $58.2M | 16.0% | $118.3 |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2021 | 0 | 1,110,293 | -100.0% | $0 | 0.0% | — |
| Q4 2020 | 1,110,293 | 1,796,794 | -61.8% | $197.3M | 42.0% | $177.7 |
| Q3 2020 | 2,907,087 | +492,964 | +20.4% | $215.6M | 63.7% | $74.2 |
| Q2 2020 | 2,414,123 | — | — | $207.2M | 65.2% | $85.8 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Anatole Investment Management Ltd first disclose a PDD position in 13F-HR filings?
Anatole Investment Management Ltd first reported PDD HOLDINGS INC (PDD) on its 13F-HR filing for the period ending 2020-06-30 (Q2 2020). The position has appeared on 24 reported quarters within Pactolio's tracked window.
What was Anatole Investment Management Ltd's most recent quarter-over-quarter share-count change in PDD?
Between Q4 2025 and Q1 2026, Anatole Investment Management Ltd reduced its PDD position by 334,508 shares (-39.9%), leaving 502,925 shares at a market value of $51.4M.
Does the implied price-per-share represent Anatole Investment Management Ltd's cost basis in PDD?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.