Ray Dalio's position in Pinduoduo- ADR is currently worth $530 Million. That's 2.34% of their equity portfolio (12th largest holding). The first Pinduoduo- ADR trade was made in Q2 2019. Since then Ray Dalio bought shares eleven more times and sold shares on two occasions. The stake costed the investor $348 Million, netting the investor a gain of 52% so far.