KEYWISE CAPITAL MANAGEMENT (HK) Ltd: PDD HOLDINGS INC (PDD): Quarterly 13F Position History
As of Q2 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported 528,100 shares of PDD HOLDINGS INC (PDD), worth $40.3M and representing 5.8% of its 13F equity book. Quarter-over-quarter share count change: + 528,100 (re-initiated) . The position first appeared in Q4 2019 and has been disclosed across 27 13F-HR filings in Pactolio's tracked window.
- 528,100Shares Held (Latest Filing)
- $40.3MReported Market Value (Latest Filing)
- 5.8%Portfolio Weight (% of 13F Equity Book)
- +528,100Quarter-over-Quarter Share Change
- +$40.3MQuarter-over-Quarter Value Change
- 1,325,050Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 27 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 528,100 | +528,100 | – | $40.3M | 5.8% | $76.3 |
| Q1 2026 | 0 | 16,500 | -100.0% | $0 | 0.0% | – |
| Q4 2025 | 16,500 | 203,350 | -92.5% | $1.9M | 0.1% | $113.4 |
| Q3 2025 | 219,850 | 1,105,200 | -83.4% | $29.1M | 2.3% | $132.2 |
| Q2 2025 | 1,325,050 | +172,690 | +15.0% | $138.7M | 12.6% | $104.7 |
| Q1 2025 | 1,152,360 | +4,600 | +0.4% | $136.4M | 15.0% | $118.3 |
| Q4 2024 | 1,147,760 | +560 | +0.0% | $111.3M | 9.2% | $97.0 |
| Q3 2024 | 1,147,200 | +603,300 | +110.9% | $154.7M | 15.4% | $134.8 |
| Q2 2024 | 543,900 | +305,400 | +128.1% | $72.3M | 8.7% | $132.9 |
| Q1 2024 | 238,500 | 236,100 | -49.7% | $27.7M | 3.8% | $116.3 |
| Q4 2023 | 474,600 | +134,900 | +39.7% | $69.4M | 11.4% | $146.3 |
| Q3 2023 | 339,700 | +258,900 | +320.4% | $33.3M | 5.5% | $98.1 |
| Q2 2023 | 80,800 | 8,350 | -9.4% | $5.6M | 1.0% | $69.1 |
| Q1 2023 | 89,150 | 11,700 | -11.6% | $6.8M | 1.5% | $75.9 |
| Q4 2022 | 100,850 | 72,050 | -41.7% | $8.2M | 2.9% | $81.5 |
| Q3 2022 | 172,900 | +172,900 | – | $10.8M | 5.2% | $62.6 |
| 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 | 3,400 | -100.0% | $0 | 0.0% | – |
| Q1 2021 | 3,400 | +3,400 | – | $455.0K | 0.1% | $133.8 |
| Q4 2020 | 0 | 5,700 | -100.0% | $0 | 0.0% | – |
| Q3 2020 | 5,700 | +2,200 | +62.9% | $423.0K | 0.1% | $74.2 |
| Q2 2020 | 3,500 | +3,500 | – | $300.0K | 0.1% | $85.7 |
| Q1 2020 | 0 | 1,018,900 | -100.0% | $0 | 0.0% | – |
| Q4 2019 | 1,018,900 | – | – | $38.5M | 12.8% | $37.8 |
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 rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did KEYWISE CAPITAL MANAGEMENT (HK) Ltd first disclose a PDD position in 13F-HR filings?
KEYWISE CAPITAL MANAGEMENT (HK) Ltd first reported PDD HOLDINGS INC (PDD) on its 13F-HR filing for the period ending 2019-12-31 (Q4 2019). The position has appeared on 27 reported quarters within Pactolio's tracked window.
What was KEYWISE CAPITAL MANAGEMENT (HK) Ltd's most recent quarter-over-quarter share-count change in PDD?
Between Q1 2026 and Q2 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd added 528,100 shares of PDD (re-initiated), bringing the total reported position to 528,100 shares at a market value of $40.3M.
Does the implied price-per-share represent KEYWISE CAPITAL MANAGEMENT (HK) 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.