3G Capital Boosts PDD Holdings Stake, Exits Amazon and DraftKings
ByAinvest
Friday, Aug 15, 2025 6:06 am ET1min read
PDD--
Connor Clark & Lunn Investment Management Ltd. recently increased its investment in PDD Holdings by 65.7%, acquiring an additional 165,987 shares, bringing their total to 418,730 shares valued at approximately $49.6 million [1]. Similarly, Prudential PLC boosted its position in PDD by 6.9%, holding a total of 1,396,248 shares, which represents 0.8% of Prudential's portfolio [2].
Other institutional investors have also added to or reduced their stakes in PDD. Krane Funds Advisors LLC lifted its position by 78.3%, now owning 5,036,389 shares worth $596,057,000. Meanwhile, Mirae Asset Global Investments Co. increased its position by an extraordinary 9,469.7%, and Oversea Chinese Banking Corp Ltd. boosted its stake by 4,562.1% [1].
Analysts have set new price targets for PDD, with several upgrades and downgrades from reputable firms. Jefferies Financial Group set a $121.00 price target and gave the company a "buy" rating, while Citigroup raised its target price to $165.00 and upgraded the stock to a "buy" rating. Meanwhile, JPMorgan Chase & Co. cut their price target to $105.00 and set a "neutral" rating [1].
The firm's latest earnings report showed earnings per share of $1.37, missing analysts' expectations of $2.25, but achieving quarterly revenue of $13.19 billion, up 10.2% year-over-year. PDD Holdings reported a return on equity of 33.76% and a net margin of 24.63% [1].
Despite the recent earnings miss, analysts project a potential upside of over 13% for PDD, with a high GF Value proposition of 101.29%. The firm's total holdings in PDD now stand at 425,000 shares, with 39.83% of the stock owned by institutional investors [1, 2].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-purchases-165987-shares-of-pdd-holdings-inc-sponsored-adr-nasdaqpdd-2025-08-09/
[2] https://www.marketbeat.com/instant-alerts/filing-prudential-plc-grows-position-in-pdd-holdings-inc-sponsored-adr-nasdaqpdd-2025-08-12/
3G Capital Partners increased its investment in PDD Holdings by 41.7%, while exiting positions in Amazon and DraftKings. Analysts project a potential upside of over 13% for PDD, with a high GF Value proposition of 101.29%. The firm's total holdings in PDD now stand at 425,000 shares.
Institutional investors have significantly increased their stakes in PDD Holdings Inc. (NASDAQ:PDD), with notable increases by Connor Clark & Lunn Investment Management Ltd., Prudential PLC, and others. These moves come as analysts project a potential upside of over 13% for the stock, highlighting the firm's strong financial performance and growth prospects.Connor Clark & Lunn Investment Management Ltd. recently increased its investment in PDD Holdings by 65.7%, acquiring an additional 165,987 shares, bringing their total to 418,730 shares valued at approximately $49.6 million [1]. Similarly, Prudential PLC boosted its position in PDD by 6.9%, holding a total of 1,396,248 shares, which represents 0.8% of Prudential's portfolio [2].
Other institutional investors have also added to or reduced their stakes in PDD. Krane Funds Advisors LLC lifted its position by 78.3%, now owning 5,036,389 shares worth $596,057,000. Meanwhile, Mirae Asset Global Investments Co. increased its position by an extraordinary 9,469.7%, and Oversea Chinese Banking Corp Ltd. boosted its stake by 4,562.1% [1].
Analysts have set new price targets for PDD, with several upgrades and downgrades from reputable firms. Jefferies Financial Group set a $121.00 price target and gave the company a "buy" rating, while Citigroup raised its target price to $165.00 and upgraded the stock to a "buy" rating. Meanwhile, JPMorgan Chase & Co. cut their price target to $105.00 and set a "neutral" rating [1].
The firm's latest earnings report showed earnings per share of $1.37, missing analysts' expectations of $2.25, but achieving quarterly revenue of $13.19 billion, up 10.2% year-over-year. PDD Holdings reported a return on equity of 33.76% and a net margin of 24.63% [1].
Despite the recent earnings miss, analysts project a potential upside of over 13% for PDD, with a high GF Value proposition of 101.29%. The firm's total holdings in PDD now stand at 425,000 shares, with 39.83% of the stock owned by institutional investors [1, 2].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-purchases-165987-shares-of-pdd-holdings-inc-sponsored-adr-nasdaqpdd-2025-08-09/
[2] https://www.marketbeat.com/instant-alerts/filing-prudential-plc-grows-position-in-pdd-holdings-inc-sponsored-adr-nasdaqpdd-2025-08-12/
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