5 Best Future Stocks for the Long-Term

3. PDD Holdings Inc. (NASDAQ:PDD)

Number of Hedge Fund Investors In Q1 2023: 62

PDD Holdings Inc. (NASDAQ:PDD) is an Irish company operating out of Dublin, Ireland. It operates a diversified electronic commerce platform that enables merchants to sell a variety of products such as cosmetics, household products, furniture, clothes, and shoes.

62 of the 943 hedge funds part of Insider Monkey’s database had owned a stake in PDD Holdings Inc. (NASDAQ:PDD) during Q1 2023. The firm’s largest investor is Lei Zhang’s Hillhouse Capital Management with a $807 million investment.

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