BAILLIE GIFFORD & CO, a registered investment adviser, initiated a new position in PDD Holdings Inc. (NASDAQ:PDD) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 8,687,044 shares of the Consumer Cyclical company, valued at approximately $985.0M as of the filing date.
PDD Holdings Inc.'s stock currently trades at $106.38 with a market capitalization of $156.6B.