13F

Position

one8zero8, LLC in PDD Holdings Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$25.8K$113.39$102.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20252.3K$260.8K0.1%
Q1 202611.3K$1.15M$102.18−$25.8K$914.5K0.3%