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MARSHALL WACE, LLP
> PDD
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | PDD Holdings Inc. | PDD | 1,533,788 | -1,349,709 | 106,046,103,000 | -129,103,079,000 | $69,140.00 |
| 12/31/2022 | PDD Holdings Inc. | PDD | 2,883,497 | -615,858 | 235,149,182,000 | 234,930,191,000 | $81,550.00 |
| 09/30/2022 | PDD Holdings Inc. | PDD | 3,499,355 | 891,752 | 218,991,000 | 57,842,000 | $62.58 |
| 06/30/2022 | PDD Holdings Inc. | PDD | 2,607,603 | -2,448,954 | 161,149,000 | -41,670,000 | $61.80 |
| 03/31/2022 | PDD Holdings Inc. | PDD | 5,056,557 | 2,257,338 | 202,819,000 | 39,626,000 | $40.11 |
| 12/31/2021 | PDD Holdings Inc. | PDD | 2,799,219 | 2,656,840 | 163,193,000 | 150,284,000 | $58.30 |
| 09/30/2021 | PDD Holdings Inc. | PDD | 142,379 | 6,895 | 12,909,000 | -4,300,000 | $90.67 |
| 06/30/2021 | PDD Holdings Inc. | PDD | 135,484 | 78,751 | 17,209,000 | 9,614,000 | $127.02 |
| 03/31/2021 | PDD Holdings Inc. | PDD | 56,733 | -115,526 | 7,595,000 | -23,011,000 | $133.87 |
| 12/31/2020 | PDD Holdings Inc. | PDD | 172,259 | 43,829 | 30,606,000 | 21,083,000 | $177.67 |
| 09/30/2020 | PDD Holdings Inc. | PDD | 128,430 | 8,702 | 9,523,000 | -754,000 | $74.15 |
| 06/30/2020 | PDD Holdings Inc. | PDD | 119,728 | 72,737 | 10,277,000 | 8,584,000 | $85.84 |
| 03/31/2020 | PDD Holdings Inc. | PDD | 46,991 | 46,991 | 1,693,000 | 1,693,000 | $36.03 |
| 12/31/2019 | PDD Holdings Inc. | PDD | 0 | -9,086 | 0 | -293,000 | |
| 09/30/2019 | PDD Holdings Inc. | PDD | 9,086 | 9,086 | 293,000 | 293,000 | $32.25 |
| 06/30/2019 | PDD Holdings Inc. | PDD | 0 | -1,382 | 0 | -34,000 | |
| 03/31/2019 | PDD Holdings Inc. | PDD | 1,382 | -9,366 | 34,000 | -207,000 | $24.60 |
| 12/31/2018 | PDD Holdings Inc. | PDD | 10,748 | 10,748 | 241,000 | 241,000 | $22.42 |
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