5 Investors Betting Big on Pinduoduo (PDD) Stock

PDD is soaring higher after a blowout third-quarter earnings report.

Let’s take a look at Pinduoduo’s largest shareholders:

1. Sequoia Capital: 48.23 million shares. Sequoia acquired 45.04 million shares during Q3.

2. Baillie Gifford: 35.66 million shares. Baillie acquired 4.5 million shares during Q3.

3. BlackRock: 27.87 million shares. BlackRock acquired 3.73 million shares during Q3.

4. Vanguard: 24.10 million shares. Vanguard acquired 6.63 million shares during Q3.

5. FMR: 17.63 million shares. FMR acquired 4.33 million shares during Q3.