PDD Holdings Inc.
PDD- Exchange
- Nasdaq
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0001737806
In the last 90 days, PDD Holdings Inc. insiders filed 0 open-market purchases and 1 sale; 508 institutions reported holding it in 13F filings for Q2 2026, worth $32.9B in total; 4 superinvestors hold it, including H&H International Investment and Himalaya Capital.
13F holders, Q2 2026
Institutional positions in PDD Holdings Inc. as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 508
- −55 vs. Q1 2026
- Shares held
- 430.8M
- +5.54M (+1.3%) vs. Q1 2026
- Total value
- $32.9B
- −$10.8B (−24.7%) vs. Q1 2026
- New holders
- 61
- 148 more added
- Sold out
- 116
- 237 more reduced
5 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2026: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PDD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 508 | $32.9B |
| Q1 2026 | 568 | $43.7B |
| Q4 2025 | 574 | $50.2B |
| Q3 2025 | 559 | $54.7B |
| Q2 2025 | 537 | $43.0B |
| Q1 2025 | 584 | $49.2B |
| Q4 2024 | 587 | $39.6B |
| Q3 2024 | 602 | $56.8B |
| Q2 2024 | 646 | $58.7B |
| Q1 2024 | 577 | $47.7B |
| Q4 2023 | 584 | $58.7B |
| Q3 2023 | 473 | $35.8B |
| Q2 2023 | 452 | $23.2B |
| Q1 2023 | 468 | $26.7B |
| Q4 2022 | 451 | $26.6B |
| Q3 2022 | 411 | $19.3B |
| Q2 2022 | 394 | $17.8B |
| Q1 2022 | 353 | $11.0B |
| Q4 2021 | 362 | $16.0B |
| Q3 2021 | 396 | $24.7B |
| Q2 2021 | 415 | $31.9B |
| Q1 2021 | 442 | $38.8B |
Institutions, Q2 2026
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 31,969,893 | $2.44B | 0.04% | −7,438,139−18.9% | Reduced |
| Baillie Gifford & Co | 26,594,535 | $2.03B | 1.84% | −1,758,564−6.2% | Reduced |
| H&H International Investment, LLCSuperinvestorH&H International Investment | 25,022,094 | $1.91B | 9.99% | +5,273,800+26.7% | Added |
| Vanguard Capital Management LLC | 24,646,256 | $1.88B | 0.04% | +520,598+2.2% | Added |
| Invesco Ltd. | 22,228,242 | $1.70B | 0.13% | +1,729,817+8.4% | Added |
| Goldman Sachs Group Inc | 14,006,939 | $1.07B | 0.11% | +4,301,004+44.3% | Added |
| SC China Holding Ltd | 11,348,426 | $865.7M | 72.31% | 00.0% | Unchanged |
| Himalaya Capital Management LLCSuperinvestorHimalaya Capital | 10,761,119 | $820.9M | 22.17% | +6,153,119+133.5% | Added |
| State Street Corp | 10,303,417 | $785.9M | 0.02% | −1,730,280−14.4% | Reduced |
| NetEase, Inc. | 9,566,480 | $729.7M | 95.34% | +700,000+7.9% | Added |
| First Beijing Investment Ltd | 9,377,416 | $715.3M | 29.27% | +1,228,254+15.1% | Added |
| Norges Bank | 9,338,120 | $712.3M | 0.07% | +9,338,120 | New |
| SC US (TTGP), Ltd. | 8,841,576 | $674.4M | 2.11% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 8,726,228 | $665.6M | 0.12% | +143,225+1.7% | Added |
| Sanders Capital, LLC | 7,936,717 | $605.4M | 0.61% | −155,084−1.9% | Reduced |
| Vanguard Fiduciary Trust Co | 6,658,003 | $507.9M | 0.11% | +138,198+2.1% | Added |
| Geode Capital Management, LLC | 6,639,259 | $504.1M | 0.03% | −213,668−3.1% | Reduced |
| FIL Ltd | 6,292,692 | $480.0M | 0.34% | −556,579−8.1% | Reduced |
| JPMorgan Chase & Co | 6,017,649 | $460.6M | 0.03% | −1,893,188−23.9% | Reduced |
| Krane Funds Advisors LLC | 5,780,324 | $440.9M | 15.63% | +47,140+0.8% | Added |
| UBS Group AG | 5,635,629 | $429.9M | 0.07% | +3,134,090+125.3% | Added |
| Morgan Stanley | 5,483,249 | $418.3M | 0.02% | −1,905,643−25.8% | Reduced |
| Orbis Allan Gray Ltd | 5,353,562 | $408.4M | 1.40% | +3,609,514+207.0% | Added |
| Jane Street Group, LLC | 4,794,185 | $365.7M | 0.23% | +4,617,470+2,612.9% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 4,785,666 | $365.1M | 16.70% | −318,138−6.2% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 4,760,515 | $363.1M | 0.79% | +1,195,094+33.5% | Added |
| E Fund Management Co., Ltd. | 4,715,949 | $359.7M | 8.07% | +122,896+2.7% | Added |
| Dodge & Cox | 4,550,000 | $347.1M | 0.18% | +12,400+0.3% | Added |
| Legal & General Group Plc | 3,997,575 | $304.9M | 0.06% | −250,471−5.9% | Reduced |
| BNP Paribas Arbitrage, SA | 3,805,975 | $290.3M | 0.15% | −748,282−16.4% | Reduced |
| Temasek Holdings (Private) Ltd | 3,622,972 | $276.4M | 0.76% | −1,303,089−26.5% | Reduced |
| SG Americas Securities, LLC | 3,426,679 | $261.4M | 0.15% | −2,875,141−45.6% | Reduced |
| HSBC Holdings PLC | 3,266,047 | $249.3M | 0.12% | −317,343−8.9% | Reduced |
| Triata Capital Ltd | 3,211,624 | $245.0M | 41.64% | +1,129,297+54.2% | Added |
| Dimensional Fund Advisors LP | 3,174,566 | $242.2M | 0.04% | −562,663−15.1% | Reduced |
| Capital International Investors | 3,135,019 | $239.1M | 0.05% | +1,030,968+49.0% | Added |
| Bank of America Corp | 3,120,966 | $238.1M | 0.02% | +534,458+20.7% | Added |
| National Bank of Canada | 2,873,404 | $219.2M | 0.19% | +1,012,713+54.4% | Added |
| Citigroup Inc | 2,697,035 | $205.7M | 0.10% | +1,034,447+62.2% | Added |
| Northern Trust Corp | 2,683,483 | $204.7M | 0.02% | −478,063−15.1% | Reduced |
| AustralianSuper Pty Ltd | 2,627,834 | $200.5M | 0.87% | +1,454,534+124.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 2,485,298 | $189.6M | 0.27% | +875,928+54.4% | Added |
| Deutsche Bank AG | 2,353,277 | $179.5M | 0.05% | +352,783+17.6% | Added |
| Vanguard Asset Management, Ltd | 2,172,283 | $165.7M | 0.11% | −135,185−5.9% | Reduced |
| Perseverance Asset Management International | 2,163,479 | $165.0M | 16.89% | +1,803+0.1% | Added |
| Capula Management Ltd | 1,914,949 | $146.1M | 0.64% | +1,897,365+10,790.3% | Added |
| Barclays PLC | 1,762,588 | $134.5M | 0.04% | −497,375−22.0% | Reduced |
| American Century Companies Inc | 1,703,940 | $130.0M | 0.06% | −385,740−18.5% | Reduced |
| Alpine Investment Management Ltd | 1,661,600 | $126.7M | 30.82% | +1,567,264+1,661.4% | Added |
| Charles Schwab Investment Management Inc | 1,652,472 | $126.1M | 0.02% | +213,942+14.9% | Added |
| Brilliance Asset Management Ltd | 1,562,304 | $119.2M | 35.12% | +857,815+121.8% | Added |
| Massachusetts Financial Services Co | 1,553,647 | $116.2M | 0.04% | −194,591−11.1% | Reduced |
| FMR LLC | 1,521,767 | $116.1M | 0.01% | −4,779,937−75.9% | Reduced |
| IDG China Venture Capital Fund IV Associates L.P. | 1,513,394 | $115.4M | 78.39% | −235,635−13.5% | Reduced |
| Nomura Asset Management International Inc. | 1,475,390 | $112.5M | 0.17% | +536,988+57.2% | Added |
| Prudential PLC | 1,427,305 | $108.9M | 0.59% | −193,273−11.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,389,751 | $106.0M | 0.06% | −312,415−18.4% | Reduced |
| Capital Today Evergreen Fund, L.P. | 1,385,004 | $105.6M | 81.58% | 00.0% | Unchanged |
| Schroder Investment Management Group | 1,341,412 | $102.7M | 0.07% | −1,645,275−55.1% | Reduced |
| Susquehanna International Group, LLP | 1,322,726 | $100.9M | 0.09% | −183,676−12.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 1,315,668 | $100.4M | 0.19% | +297,985+29.3% | Added |
| Boundless Plain Holdings Ltd | 1,294,753 | $98.8M | 22.88% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 1,281,365 | $97.7M | 0.02% | −155,153−10.8% | Reduced |
| First Trust Advisors LP | 1,276,749 | $97.4M | 0.06% | +79,803+6.7% | Added |
| Holocene Advisors, LP | 1,260,000 | $96.1M | 0.22% | +1,260,000 | New |
| IvyRock Asset Management (HK) Ltd | 1,174,549 | $89.6M | 50.64% | +29,140+2.5% | Added |
| Swiss National Bank | 1,094,644 | $83.5M | 0.04% | −278,100−20.3% | Reduced |
| California Public Employees Retirement System | 1,015,932 | $77.5M | 0.04% | −249,421−19.7% | Reduced |
| Allspring Global Investments Holdings, LLC | 921,596 | $76.1M | 0.12% | +235,755+34.4% | Added |
| Voloridge Investment Management, LLC | 918,040 | $70.0M | 0.30% | +918,040 | New |
| GF Fund Management Co. Ltd. | 907,898 | $69.3M | 0.83% | +77,114+9.3% | Added |
| Nuveen, LLC | 878,598 | $67.0M | 0.02% | −356,314−28.9% | Reduced |
| Green Court Capital Management Ltd | 875,658 | $66.8M | 57.10% | +455,100+108.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 842,296 | $64.3M | 0.04% | −99,878−10.6% | Reduced |
| Robeco Institutional Asset Management B.V. | 796,468 | $60.8M | 0.07% | −1,696,425−68.1% | Reduced |
| Marshall Wace, LLP | 759,453 | $57.9M | 0.05% | +436,868+135.4% | Added |
| Pictet Asset Management Holding SA | 682,209 | $52.0M | 0.05% | −217,278−24.2% | Reduced |
| Standard Life Aberdeen plc | 679,955 | $51.9M | 0.07% | −166,571−19.7% | Reduced |
| Arrowstreet Capital, Limited Partnership | 654,008 | $49.9M | 0.02% | +202,915+45.0% | Added |
| Price T Rowe Associates Inc | 647,140 | $49.4M | 0.00% | −2,714,361−80.7% | Reduced |
| ProShare Advisors LLC | 642,198 | $49.0M | 0.07% | −227,390−26.1% | Reduced |
| Royal London Asset Management Ltd | 630,472 | $48.1M | 0.09% | −103,600−14.1% | Reduced |
| Polar Capital Holdings Plc | 592,084 | $45.2M | 0.13% | −10,921−1.8% | Reduced |
| Franklin Resources Inc | 590,786 | $45.1M | 0.01% | −86,915−12.8% | Reduced |
| True Light Capital Pte. Ltd. | 589,064 | $44.9M | 29.61% | −37,236−5.9% | Reduced |
| Barings LLC | 587,937 | $44.8M | 0.80% | −61,292−9.4% | Reduced |
| USS Investment Management Ltd | 581,284 | $44.3M | 0.16% | −116,352−16.7% | Reduced |
| Russell Investments Group, Ltd. | 574,888 | $43.9M | 0.04% | −321,692−35.9% | Reduced |
| Fisher Asset Management, LLC | 560,008 | $42.7M | 0.01% | −19,823−3.4% | Reduced |
| DekaBank Deutsche Girozentrale | 408,010 | $41.5M | 0.07% | 00.0% | Unchanged |
| Walleye Trading LLC | 543,714 | $41.5M | 0.58% | −66,929−11.0% | Reduced |
| Citadel Advisors LLC | 536,454 | $40.9M | 0.02% | −358,124−40.0% | Reduced |
| Marex Group plc | 535,181 | $40.8M | 0.30% | +140,892+35.7% | Added |
| Keywise Capital Management (HK) Ltd | 528,100 | $40.3M | 5.80% | +528,100 | New |
| Aviva PLC | 504,886 | $38.5M | 0.06% | −145,847−22.4% | Reduced |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 500,000 | $38.1M | 4.58% | −3,665,029−88.0% | Reduced |
| Franchise GP Ltd | 497,860 | $38.0M | 17.64% | 00.0% | Unchanged |
| Harvest Fund Management Co., Ltd | 496,105 | $37.8M | 1.25% | +13,864+2.9% | Added |
| Kora Management LP | 490,650 | $37.4M | 4.44% | 00.0% | Unchanged |
| Great West Life Assurance Co | 489,566 | $37.3M | 0.06% | −68,884−12.3% | Reduced |