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Hayden Capital stated in its Q2 2026 investor letter that its investment in PDD Holdings (PDD) four years ago was due to market misinterpretation, and it now believes AI stocks offer greater upside.
Hayden Capital stated in its Q2 2026 investor letter that when it invested in PDD Holdings (PDD) in 2022, it believed the market misunderstood the company and its inherent operating leverage. The letter also mentioned that while acknowledging PDD's investment potential, Hayden Capital currently sees greater upside and less downside risk in certain AI stocks. Data shows that as of the end of Q2, the number of hedge fund portfolios holding PDD decreased from 66 in the previous quarter to 52.
Source：Yahoo财经 · Source Link
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