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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, Q3 2021

Institutional positions in PDD Holdings Inc. as of Sep 30, 2021. 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
396
−14 vs. Q2 2021
Shares held
272.9M
+23.7M (+9.5%) vs. Q2 2021
Total value
$24.7B
−$6.89B (−21.8%) vs. Q2 2021
New holders
70
180 more added
Sold out
84
109 more reduced

5 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: 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.

Institutional holdersQ3 2021: 396 institutions
Q1 2021: 442 institutionsQ2 2021: 415 institutionsQ3 2021: 396 institutionsQ4 2021: 362 institutionsQ1 2022: 353 institutionsQ2 2022: 394 institutionsQ3 2022: 411 institutionsQ4 2022: 451 institutionsQ1 2023: 468 institutionsQ2 2023: 452 institutionsQ3 2023: 473 institutionsQ4 2023: 584 institutionsQ1 2024: 577 institutionsQ2 2024: 646 institutionsQ3 2024: 602 institutionsQ4 2024: 587 institutionsQ1 2025: 584 institutionsQ2 2025: 537 institutionsQ3 2025: 560 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ3 2021: $24.7B
Q1 2021: $31.9BQ2 2021: $31.8BQ3 2021: $24.7BQ4 2021: $15.7BQ1 2022: $11.0BQ2 2022: $17.7BQ3 2022: $19.2BQ4 2022: $26.5BQ1 2023: $25.9BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $55.8BQ1 2024: $44.2BQ2 2024: $57.6BQ3 2024: $55.8BQ4 2024: $39.5BQ1 2025: $49.1BQ2 2025: $42.9BQ3 2025: $53.9BQ4 2025: $49.6BQ1 2026: $43.4BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.4B
Q4 2025574$49.6B
Q3 2025560$53.9B
Q2 2025537$42.9B
Q1 2025584$49.1B
Q4 2024587$39.5B
Q3 2024602$55.8B
Q2 2024646$57.6B
Q1 2024577$44.2B
Q4 2023584$55.8B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$25.9B
Q4 2022451$26.5B
Q3 2022411$19.2B
Q2 2022394$17.7B
Q1 2022353$11.0B
Q4 2021362$15.7B
Q3 2021396$24.7B
Q2 2021415$31.8B
Q1 2021442$31.9B

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2021.

Institutions holding PDD in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co27,488,510$2.49B1.30%+35,335+0.1%Added
BlackRock Inc.19,871,306$1.80B0.05%+501,397+2.6%Added
Invesco Ltd.15,832,052$1.44B0.36%+3,876,606+32.4%Added
Tiger Global Management LLCSuperinvestorTiger Global Management14,053,066$1.27B2.45%00.0%Unchanged
Vanguard Group Inc13,698,994$1.24B0.03%+331,152+2.5%Added
FMR LLC11,319,319$1.03B0.08%−1,071,522−8.6%Reduced
Price T Rowe Associates Inc11,242,760$1.02B0.10%+7,308,062+185.7%Added
State Street Corp9,275,149$841.0M0.04%+215,613+2.4%Added
IDG China Venture Capital Fund IV Associates L.P.8,323,944$754.7M97.50%00.0%Unchanged
Krane Funds Advisors LLC5,901,628$535.1M11.08%+3,353,823+131.6%Added
Goldman Sachs Group Inc5,067,631$459.5M0.12%−74,964−1.5%Reduced
Norges Bank4,380,815$397.2M0.09%−67,060−1.5%Reduced
Morgan Stanley4,273,248$387.5M0.05%−1,877,405−30.5%Reduced
JPMorgan Chase & Co3,996,316$362.3M0.05%−501,203−11.1%Reduced
Assenagon Asset Management S.A.3,865,518$350.5M1.44%−430,465−10.0%Reduced
SC US (TTGP), Ltd.3,500,000$317.3M1.77%−1,184,211−25.3%Reduced
Tybourne Capital Management (HK) Ltd3,499,244$317.3M7.99%+1,656,165+89.9%Added
Fisher Asset Management, LLC3,481,728$315.7M0.20%−168,645−4.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.3,374,561$306.0M0.19%+60,029+1.8%Added
Anatole Investment Management Ltd3,368,920$305.5M19.84%+2,617,694+348.5%Added
Canada Pension Plan Investment Board3,235,846$293.4M0.33%+971,579+42.9%Added
Barclays PLC3,128,690$283.7M0.20%+1,141,443+57.4%Added
UBS Asset Management Americas Inc2,844,356$257.9M0.11%+111,280+4.1%Added
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)2,808,000$254.6M3.33%−4,094,129−59.3%Reduced
Nikko Asset Management Americas, Inc.2,366,272$213.0M0.91%+102,757+4.5%Added
Legal & General Group Plc2,347,067$212.8M0.07%−114,570−4.7%Reduced
Bank of America Corp2,276,839$206.4M0.02%+1,243,916+120.4%Added
Scge Management, L.P.2,161,000$195.9M1.82%00.0%Unchanged
E Fund Management Co., Ltd.2,154,867$195.4M8.16%+2,154,867New
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management2,005,369$181.8M7.35%−612,628−23.4%Reduced
UBS Group AG1,961,043$177.8M0.07%+309,365+18.7%Added
Bridgewater Associates, LP1,919,812$174.1M0.95%+802,394+71.8%Added
Geode Capital Management, LLC1,899,795$171.0M0.02%+172,628+10.0%Added
Pictet Asset Management SA1,778,122$161.2M0.18%+1,778,122New
SC China Holding Ltd1,749,999$158.7M14.24%−592,105−25.3%Reduced
Credit Suisse AG1,681,992$152.5M0.12%+490,659+41.2%Added
Banco Santander, S.A.1,672,938$151.7M0.82%+368,665+28.3%Added
Franchise Capital Ltd1,577,604$143.0M17.09%+183,623+13.2%Added
Millennium Management LLC1,548,934$140.4M0.19%+195,718+14.5%Added
Public Investment Fund1,539,393$139.6M0.32%+1,539,393New
Deutsche Bank AG1,461,886$132.6M0.06%+388,818+36.2%Added
Northern Trust Corp1,418,702$128.6M0.02%−737,004−34.2%Reduced
Nuveen Asset Management, LLC1,408,727$127.7M0.04%+336,453+31.4%Added
Penserra Capital Management LLC1,262,686$114.5M2.38%−153,547−10.8%Reduced
Bank of New York Mellon Corp1,164,423$105.6M0.02%+119,355+11.4%Added
Swiss National Bank1,077,006$97.7M0.06%+12,800+1.2%Added
Genesis Investment Management, LLP1,064,668$96.5M3.25%+1,064,668New
Marshall Wace Asia Ltd1,059,333$96.0M2.27%+993,521+1,509.6%Added
Perseverance Asset Management International1,023,209$92.8M43.66%+347,792+51.5%Added
Citadel Advisors LLC1,010,289$91.6M0.10%−49,508−4.7%Reduced
Citigroup Inc1,009,203$91.5M0.09%+213,597+26.8%Added
Sylebra Capital Ltd1,008,189$91.4M2.06%+516,963+105.2%Added
APG Asset Management N.V.1,133,328$88.7M0.16%+486,181+75.1%Added
BNP Paribas Arbitrage, SA966,446$87.6M0.21%−151,679−13.6%Reduced
Oceanlink Management Ltd.953,000$86.4M18.41%+953,000New
Susquehanna International Group, LLP921,683$83.6M0.11%−119,573−11.5%Reduced
Mitsubishi UFJ Trust & Banking Corp842,331$76.4M0.17%−72,993−8.0%Reduced
Portman Ltd822,848$74.6M53.59%+822,848New
Renaissance Technologies LLC821,519$74.5M0.10%+285,419+53.2%Added
HSBC Holdings PLC808,488$73.4M0.08%−278,201−25.6%Reduced
California Public Employees Retirement System808,465$73.3M0.05%+10,187+1.3%Added
Wells Fargo & Company794,026$72.0M0.02%−139,533−14.9%Reduced
WT Asset Management Ltd765,068$69.4M6.83%+154,359+25.3%Added
Polar Capital Holdings Plc758,472$68.8M0.38%+758,472New
AQR Capital Management LLC757,001$68.6M0.13%+4,686+0.6%Added
Library Research Ltd707,302$64.1M31.87%+707,302New
Mirae Asset Global Investments Co., Ltd.676,942$61.4M0.16%−1,066,421−61.2%Reduced
ARK Investment Management LLCSuperinvestorARK Invest656,969$59.6M0.14%−883,283−57.3%Reduced
Korea Investment CORP649,139$58.9M0.18%+161,469+33.1%Added
Parallax Volatility Advisers, L.P.633,478$57.4M0.62%+111,924+21.5%Added
TB Alternative Assets Ltd.630,220$57.1M13.27%+557,080+761.7%Added
ProShare Advisors LLC627,014$56.9M0.16%−26,290−4.0%Reduced
Barings LLC601,732$54.6M1.24%−14,930−2.4%Reduced
Matthews International Capital Management LLC590,400$53.5M3.25%+590,400New
Dimensional Fund Advisors LP578,064$52.4M0.02%+14,692+2.6%Added
Altimeter Capital Management, LPSuperinvestorAltimeter Capital572,000$51.9M0.42%00.0%Unchanged
Holocene Advisors, LP561,977$51.0M0.29%+561,977New
Moore Capital Management, LP530,000$48.1M0.97%+530,000New
Jane Street Group, LLC519,951$47.1M0.12%−90,066−14.8%Reduced
PEAK6 Investments LLC513,939$46.6M0.94%+243,513+90.0%Added
Charles Schwab Investment Management Inc485,464$44.0M0.01%+8,389+1.8%Added
Growth Interface Management LLC475,000$43.1M4.74%−340,000−41.7%Reduced
Two Sigma Investments, LP444,452$40.3M0.11%+394,257+785.5%Added
AXA S.A.440,928$40.0M0.11%−12,500−2.8%Reduced
Great West Life Assurance Co428,824$39.1M0.09%+8,183+1.9%Added
D. E. Shaw & Co., Inc.431,484$39.1M0.05%+250,035+137.8%Added
AIA Group Ltd404,777$36.7M2.07%−44,712−9.9%Reduced
Manufacturers Life Insurance Company, The380,525$34.5M0.03%+88,439+30.3%Added
Connor, Clark & Lunn Investment Management Ltd.369,764$33.5M0.17%+326,345+751.6%Added
Himalaya Capital Management LLCSuperinvestorHimalaya Capital363,165$32.9M1.53%00.0%Unchanged
USS Investment Management Ltd347,706$31.5M0.27%+113,206+48.3%Added
Mission Creek Capital Partners, Inc.345,939$31.4M5.85%+303,549+716.1%Added
Point72 Hong Kong Ltd345,330$31.3M2.41%+345,330New
Nordea Investment Management AB342,859$31.1M0.04%+64,804+23.3%Added
Capitolis Advisors LLC307,210$29.8M0.27%00.0%Unchanged
Linden Rose Investment LLC321,874$29.2M31.41%−2,002−0.6%Reduced
Hamilton Lane Advisors LLC292,065$26.5M4.44%+147,999+102.7%Added
Torq Capital Management (HK) Ltd284,200$25.8M14.30%+284,200New
First Trust Advisors LP282,736$25.6M0.03%−310−0.1%Reduced
Compagnie Lombard Odier SCmA277,141$25.1M0.54%+276,621+53,196.3%Added