Transaction log

  • Dec 13, 2024 - Bought 20 @ $100.94 (1.10% wtg, opportunistic)

PDD Holdings

Location: Shanghai, China

 

Estimated fair value history

  • Dec-24 - $225 (4.5% MFCF yield)

  • Mar-25 - $194 (5.0% MFCF yield)

  • Jun-25 - $177

Profile

Industry: Internet retail

Sector: Consumer discretionary

Theme: Emerging markets consumer

5-Year shareholder growth: 50.3%/year

Estimated fair value: $177

Valuation assumption: 5.0% MFCF yield

Insider ownership: 31.4%

Investors: Tom Slater (Baillie Gifford)