Triata Capital Ltd: PDD HOLDINGS INC (PDD): Quarterly 13F Position History
As of Q1 2026, Triata Capital Ltd reported 2,082,327 shares of PDD HOLDINGS INC (PDD), worth $212.8M and representing 38.6% of its 13F equity book. Quarter-over-quarter share count change: 475,373 (-18.6%) . The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 2,082,327Shares Held (Latest Filing)
- $212.8MReported Market Value (Latest Filing)
- 38.6%Portfolio Weight (% of 13F Equity Book)
- 475,373Quarter-over-Quarter Share Change
- -$77.2MQuarter-over-Quarter Value Change
- 2,557,700Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,082,327 | 475,373 | -18.6% | $212.8M | 38.6% | $102.2 |
| Q4 2025 | 2,557,700 | +13,222 | +0.5% | $290.0M | 35.1% | $113.4 |
| Q3 2025 | 2,544,478 | +910,150 | +55.7% | $336.3M | 39.3% | $132.2 |
| Q2 2025 | 1,634,328 | 214,035 | -11.6% | $171.0M | 33.4% | $104.7 |
| Q1 2025 | 1,848,363 | +1,179,424 | +176.3% | $218.8M | 49.5% | $118.3 |
| Q4 2024 | 668,939 | — | — | $64.9M | 26.9% | $97.0 |
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 Triata Capital Ltd first disclose a PDD position in 13F-HR filings?
Triata Capital Ltd first reported PDD HOLDINGS INC (PDD) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was Triata Capital Ltd's most recent quarter-over-quarter share-count change in PDD?
Between Q4 2025 and Q1 2026, Triata Capital Ltd reduced its PDD position by 475,373 shares (-18.6%), leaving 2,082,327 shares at a market value of $212.8M.
Does the implied price-per-share represent Triata Capital 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.