Question 1

Does Linden Advisors own PDD HOLDINGS stock?

Accepted Answer

No. Linden Advisors exited its PDD HOLDINGS position in Q2 2025. Its Q1 2025 13F listed 4,950,000 shares worth $4.9M.

Question 2

How many shares of PDD HOLDINGS does Linden Advisors own?

Accepted Answer

None since Q2 2025, when Linden Advisors exited the position. Its Q1 2025 13F listed 4,950,000 shares worth $4.9M.

Question 3

What is Linden Advisors' PDD HOLDINGS position worth?

Accepted Answer

Linden Advisors' PDD HOLDINGS position was worth $4.9M in its Q1 2025 13F, before the exit in Q2 2025.

Question 4

Is Linden Advisors buying or selling PDD HOLDINGS?

Accepted Answer

In Q2 2025, Linden Advisors exited its entire PDD HOLDINGS position.

Question 5

When did Linden Advisors first buy PDD HOLDINGS?

Accepted Answer

Linden Advisors already held PDD HOLDINGS in its Q4 2020 13F, the earliest on record, and listed it in 17 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q2 Latest	Exited	0	-100.0%	$0	0.0%	—	0
2025-Q1	Decreased	5M	-66.9%	$4.9M	0.0%	—	0
2024-Q4	Increased	15M	+49.5%	$14.4M	0.1%	—	46
2024-Q3	New	10M	—	$10.1M	0.1%	—	38

PDPDD HOLDINGS INC