Tiger Pacific Capital LP: PDD HOLDINGS INC (PDD): Quarterly 13F Position History
As of Q1 2026, Tiger Pacific Capital LP reported 271,524 shares of PDD HOLDINGS INC (PDD), worth $27.7M and representing 12.9% of its 13F equity book. Quarter-over-quarter share count change: + 271,524 (re-initiated) . The position first appeared in Q3 2018 and has been disclosed across 31 13F-HR filings in Pactolio's tracked window.
- 271,524Shares Held (Latest Filing)
- $27.7MReported Market Value (Latest Filing)
- 12.9%Portfolio Weight (% of 13F Equity Book)
- +271,524Quarter-over-Quarter Share Change
- +$27.7MQuarter-over-Quarter Value Change
- 737,593Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 31 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 271,524 | +271,524 | — | $27.7M | 12.9% | $102.2 |
| Q4 2025 | 0 | 187,323 | -100.0% | $0 | 0.0% | — |
| Q3 2025 | 187,323 | +187,323 | — | $24.8M | 6.3% | $132.2 |
| Q2 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2025 | 0 | 97,372 | -100.0% | $0 | 0.0% | — |
| Q4 2024 | 97,372 | 227,800 | -70.1% | $9.4M | 2.5% | $97.0 |
| Q3 2024 | 325,172 | +325,172 | — | $43.8M | 8.9% | $134.8 |
| Q2 2024 | 0 | 51,200 | -100.0% | $0 | 0.0% | — |
| Q1 2024 | 51,200 | 30,335 | -37.2% | $6.0M | 1.4% | $116.3 |
| Q4 2023 | 81,535 | 55,763 | -40.6% | $11.9M | 2.5% | $146.3 |
| Q3 2023 | 137,298 | 425,950 | -75.6% | $13.5M | 3.5% | $98.1 |
| Q2 2023 | 563,248 | +383,648 | +213.6% | $38.9M | 10.6% | $69.1 |
| Q1 2023 | 179,600 | +179,600 | — | $13.6M | 2.9% | $75.9 |
| 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 | 573,626 | -100.0% | $0 | 0.0% | — |
| Q2 2021 | 573,626 | +38,571 | +7.2% | $72.9M | 12.0% | $127.0 |
| Q1 2021 | 535,055 | +346,819 | +184.2% | $71.6M | 13.0% | $133.9 |
| Q4 2020 | 188,236 | 133,824 | -41.6% | $33.4M | 6.2% | $177.7 |
| Q3 2020 | 322,060 | 27,014 | -7.7% | $23.9M | 6.0% | $74.2 |
| Q2 2020 | 349,074 | +349,074 | — | $30.0M | 7.6% | $85.8 |
| Q1 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2019 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2019 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2019 | 0 | 737,593 | -100.0% | $0 | 0.0% | — |
| Q1 2019 | 737,593 | +494,236 | +203.1% | $18.3M | 6.2% | $24.8 |
| Q4 2018 | 243,357 | 140,396 | -36.6% | $5.5M | 2.6% | $22.4 |
| Q3 2018 | 383,753 | — | — | $10.1M | 5.2% | $26.3 |
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 Tiger Pacific Capital LP first disclose a PDD position in 13F-HR filings?
Tiger Pacific Capital LP first reported PDD HOLDINGS INC (PDD) on its 13F-HR filing for the period ending 2018-09-30 (Q3 2018). The position has appeared on 31 reported quarters within Pactolio's tracked window.
What was Tiger Pacific Capital LP's most recent quarter-over-quarter share-count change in PDD?
Between Q4 2025 and Q1 2026, Tiger Pacific Capital LP added 271,524 shares of PDD (re-initiated), bringing the total reported position to 271,524 shares at a market value of $27.7M.
Does the implied price-per-share represent Tiger Pacific Capital LP'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.