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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
AMP Capital Investors Ltd48,028$4.36M0.02%−6,453−11.8%Reduced
Westpac Banking Corp48,457$4.39M0.05%+5,587+13.0%Added
Liberty Mutual Group Asset Management Inc.48,679$4.41M0.24%+9,735+25.0%Added
Caas Capital Management LP49,358$4.47M0.34%−178,400−78.3%Reduced
Twinbeech Capital LP49,418$4.48M0.32%+49,418New
Public Sector Pension Investment Board49,823$4.52M0.03%−30,439−37.9%Reduced
Regents of the University of California50,582$4.59M0.54%+37,102+275.2%Added
Robert Wood Johnson Foundation52,097$4.72M0.22%+52,097New
Centiva Capital, LP52,187$4.73M0.38%+40,410+343.1%Added
Partners Capital Investment Group, LLP52,360$4.75M0.22%−13,937−21.0%Reduced
Cutler Group LP52,461$4.76M0.36%−35,755−40.5%Reduced
Leonteq Securities AG55,046$4.99M0.27%+16,060+41.2%Added
Vanderbilt University55,748$5.05M1.19%+11,150+25.0%Added
Profund Advisors LLC56,275$5.10M0.17%+7,213+14.7%Added
Vontobel Holding Ltd.57,727$5.23M0.05%−14,663−20.3%Reduced
Franklin Resources Inc58,748$5.33M0.00%+1,235+2.1%Added
Standard Life Aberdeen plc65,418$5.93M0.01%+8,513+15.0%Added
Janus Henderson Group PLC65,812$5.97M0.00%−29,497−30.9%Reduced
Macquarie Group Ltd66,851$6.06M0.01%+29,358+78.3%Added
Brown University67,064$6.08M0.82%+67,064New
Gulf International Bank (UK) Ltd67,600$6.13M0.08%00.0%Unchanged
Trexquant Investment LP67,791$6.15M0.49%+67,791New
Dymon Asia Capital (Singapore) Pte. Ltd.68,017$6.17M3.83%+68,017New
Liontrust Investment Partners LLP68,300$6.19M0.09%+68,300New
Bluefin Capital Management, LLC70,338$6.38M0.74%+11,173+18.9%Added
GAM Holding AG62,600$6.53M0.30%+2,914+4.9%Added
Prudential Financial Inc73,900$6.70M0.01%+62,200+531.6%Added
Hershey Trust Co74,827$6.79M0.07%+52,904+241.3%Added
Caisse de Depot Et Placement du Quebec76,162$6.91M0.01%+6,300+9.0%Added
FountainCap Research & Investment (Hong Kong) Co., Ltd.77,522$7.03M27.71%+77,522New
Andra AP-fonden77,800$7.05M0.15%00.0%Unchanged
Wellington Management Group LLP78,528$7.12M0.00%−78,039−49.8%Reduced
Adams Street Partners LLC78,696$7.13M0.92%+78,696New
Wolverine Trading, LLC81,341$7.24M0.15%+34,850+75.0%Added
Ghisallo Capital Management LLC83,361$7.56M0.29%00.0%Unchanged
Man Group plc83,513$7.57M0.03%−600−0.7%Reduced
Allianz Asset Management GmbH83,784$7.60M0.01%−40,746−32.7%Reduced
Ergoteles LLC86,113$7.81M0.29%+86,113New
E. Ohman J:or Asset Management AB87,000$7.89M0.25%+800+0.9%Added
M&G Investment Management Ltd87,929$8.00M0.04%+75,233+592.6%Added
Guggenheim Capital LLC88,472$8.02M0.05%−1,172−1.3%Reduced
Alberta Investment Management Corp91,900$8.33M0.07%00.0%Unchanged
Armistice Capital, LLC92,000$8.34M0.21%+92,000New
Los Angeles Capital Management LLC92,054$8.35M0.04%+1,022+1.1%Added
Russell Investments Group, Ltd.95,272$8.63M0.01%+1,272+1.4%Added
Balyasny Asset Management LLC96,273$8.73M0.04%+96,273New
Shell Asset Management Co99,656$9.04M0.20%+16,436+19.8%Added
Yong Rong (HK) Asset Management Ltd100,000$9.07M5.94%−170,000−63.0%Reduced
Hidden Lake Asset Management LP100,092$9.07M4.67%−103,571−50.9%Reduced
Natixis102,523$9.30M0.03%+94,922+1,248.8%Added
Marshall Wace North America L.P.103,944$9.42M0.04%+87,211+521.2%Added
Segantii Capital Management Ltd107,600$9.76M0.34%+107,600New
Nomura Holdings Inc113,955$10.1M0.08%+20,771+22.3%Added
Swedbank AB112,415$10.2M0.02%−58,000−34.0%Reduced
O'Shares Investment Advisers, LLC113,889$10.3M0.76%−26,319−18.8%Reduced
Simplex Trading, LLC85,321$10.4M0.37%+14,608+20.7%Added
Victory Capital Management Inc115,721$10.5M0.01%−2,553−2.2%Reduced
Old Well Partners, LLC118,055$10.7M5.52%+25,100+27.0%Added
Marathon Trading Investment Management LLC119,021$10.8M5.15%+46,634+64.4%Added
MayTech Global Investments, LLC119,224$10.8M2.24%+1,680+1.4%Added
Squarepoint Ops LLC120,328$10.9M0.08%+17,993+17.6%Added
ICONIQ Capital, LLC121,500$11.0M0.06%+121,500New
NN Investment Partners Holdings N.V.122,900$11.1M0.06%+16,400+15.4%Added
Asset Management One Co.,Ltd.125,394$11.4M0.04%−111,712−47.1%Reduced
Handelsbanken Fonder AB126,200$11.4M0.06%+36,000+39.9%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.128,835$11.7M0.06%+13,832+12.0%Added
DekaBank Deutsche Girozentrale131,525$12.0M0.03%+894+0.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)138,317$12.5M0.07%−5,845−4.1%Reduced
Caption Management, LLC138,600$12.6M0.82%+109,100+369.8%Added
Coalescence Partners Investment Management, LP140,000$12.7M16.89%−60,000−30.0%Reduced
Healthcare of Ontario Pension Plan Trust Fund141,771$12.9M0.03%−253,278−64.1%Reduced
Marshall Wace, LLP142,379$12.9M0.06%+6,895+5.1%Added
State of New Jersey Common Pension Fund D146,630$13.3M0.04%00.0%Unchanged
Lombard Odier Asset Management (Switzerland) SA150,940$13.5M0.84%+136,583+951.3%Added
Parametric Portfolio Associates LLC149,492$13.6M0.01%+17,212+13.0%Added
Massachusetts Financial Services Co158,683$14.4M0.00%+56,032+54.6%Added
Aviva PLC160,544$14.6M0.06%+22,792+16.5%Added
Storebrand Asset Management AS170,048$15.4M0.08%+7,868+4.9%Added
Grantham, Mayo, Van Otterloo & Co. LLC171,581$15.6M0.08%+86,881+102.6%Added
Cephei Capital Management (Hong Kong) Ltd175,770$15.9M25.02%+7,700+4.6%Added
Quadrature Capital Ltd180,349$16.3M0.59%−128,975−41.7%Reduced
British Columbia Investment Management Corp183,200$16.6M0.10%00.0%Unchanged
Lazard Asset Management LLC189,907$17.2M0.02%+20,729+12.3%Added
SG Americas Securities, LLC190,525$17.3M0.09%+51,651+37.2%Added
New York State Common Retirement Fund193,497$17.5M0.02%+70,745+57.6%Added
KBC Group NV198,999$18.0M0.07%+2,252+1.1%Added
Group One Trading, L.P.200,320$18.2M0.40%+107,354+115.5%Added
Tairen Capital Ltd202,144$18.3M4.59%−1,725,914−89.5%Reduced
Susquehanna Fundamental Investments, LLC202,262$18.3M0.34%+149,305+281.9%Added
Bamco Inc205,378$18.6M0.04%−4,731−2.3%Reduced
Taikang Asset Management (Hong Kong) Co Ltd208,761$18.9M3.84%+100,082+92.1%Added
Arrowstreet Capital, Limited Partnership243,374$22.1M0.03%+224,441+1,185.4%Added
La Financiere de L'Echiquier244,000$22.1M0.74%+89,000+57.4%Added
Pinebridge Investments, L.P.270,319$24.5M0.29%+210,593+352.6%Added
Compagnie Lombard Odier SCmA277,141$25.1M0.54%+276,621+53,196.3%Added
First Trust Advisors LP282,736$25.6M0.03%−310−0.1%Reduced
Torq Capital Management (HK) Ltd284,200$25.8M14.30%+284,200New
Hamilton Lane Advisors LLC292,065$26.5M4.44%+147,999+102.7%Added
Linden Rose Investment LLC321,874$29.2M31.41%−2,002−0.6%Reduced
Capitolis Advisors LLC307,210$29.8M0.27%00.0%Unchanged