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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, Q4 2021

Institutional positions in PDD Holdings Inc. as of Dec 31, 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
362
−29 vs. Q3 2021
Shares held
270.3M
−1.41M (−0.5%) vs. Q3 2021
Total value
$15.7B
−$8.87B (−36.0%) vs. Q3 2021
New holders
69
144 more added
Sold out
98
115 more reduced

5 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 362 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 heldQ4 2021: $15.7B
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, Q4 2021

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2021.

Institutions holding PDD in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Boothbay Fund Management, LLC7,600$443.0K0.01%+3,200+72.7%Added
Cigna Investments Inc7,661$447.0K0.04%−177−2.3%Reduced
O'Shaughnessy Asset Management, LLC7,914$461.0K0.01%−5,907−42.7%Reduced
BI Asset Management Fondsmaeglerselskab A/S7,937$463.0K0.02%−16,476−67.5%Reduced
Handelsinvest Investeringsforvaltning8,000$466.0K0.05%00.0%Unchanged
LGT Group Foundation8,300$484.0K0.01%+8,300New
Malaga Cove Capital, LLC8,476$494.0K0.19%00.0%Unchanged
B. Metzler seel. Sohn & Co. AG8,499$505.0K0.01%+8,499New
SG3 Management, LLC8,700$507.0K0.05%+8,700New
BP PLC9,055$528.0K2.76%−15,642−63.3%Reduced
Ameritas Investment Partners, Inc.9,083$530.0K0.02%+1,013+12.6%Added
Siemens Fonds Invest GmbH9,084$540.0K0.04%+1,345+17.4%Added
First Republic Investment Management, Inc.11,577$675.0K0.00%−1,399−10.8%Reduced
Pacer Advisors, Inc.11,926$695.0K0.01%−43−0.4%Reduced
Envestnet Asset Management Inc12,035$702.0K0.00%+4,486+59.4%Added
Redpoint Investment Management Pty Ltd12,057$703.0K0.06%00.0%Unchanged
Bayesian Capital Management, LP12,085$705.0K0.22%−9,315−43.5%Reduced
Marathon Trading Investment Management LLC12,493$728.0K0.30%−106,528−89.5%Reduced
Portland Ltd13,635$795.0K5.76%−9,090−40.0%Reduced
Natixis13,856$808.0K0.00%−88,667−86.5%Reduced
General Atlantic LLC14,282$833.0K0.01%+14,282New
Raymond James & Associates14,337$836.0K0.00%+10,383+262.6%Added
Ergoteles LLC15,165$884.0K0.03%−70,948−82.4%Reduced
Verition Fund Management LLC15,231$888.0K0.01%+9,818+181.4%Added
Tudor Investment Corp Et Al15,944$930.0K0.02%+8,328+109.3%Added
Principal Financial Group Inc16,021$934.0K0.00%−1,100−6.4%Reduced
Crossmark Global Holdings, Inc.16,210$945.0K0.02%+3,570+28.2%Added
Bluefin Capital Management, LLC17,012$992.0K0.08%−53,326−75.8%Reduced
BIT Capital GmbH17,232$1.00M0.08%+17,232New
ING Groep NV17,663$1.03M0.01%+10,940+162.7%Added
Engineers Gate Manager LP17,805$1.04M0.05%−12,515−41.3%Reduced
TD Asset Management Inc18,600$1.08M0.00%+2,100+12.7%Added
Harvest Fund Management Co., Ltd18,639$1.11M0.19%−1,255−6.3%Reduced
Candriam Luxembourg S.C.A.19,944$1.16M0.01%+3,795+23.5%Added
Eschler Asset Management LLP21,000$1.22M1.57%+21,000New
Qalhat Capital Ltd21,322$1.24M0.86%+21,322New
Industrial Alliance Investment Management Inc.21,588$1.26M0.03%+21,588New
Zevenbergen Capital Investments LLC22,000$1.28M0.03%+22,000New
AnglePoint Asset Management Ltd22,002$1.28M1.68%+22,002New
American Century Companies Inc22,019$1.28M0.00%+5,593+34.0%Added
Louisiana State Employees Retirement System22,100$1.29M0.03%+2,400+12.2%Added
Dai-Ichi Life Insurance Company, Ltd22,466$1.31M0.02%+3,873+20.8%Added
Morningstar Investment Management LLC22,876$1.33M0.20%+17,764+347.5%Added
Daiwa Securities Group Inc.23,234$1.35M0.01%+2,407+11.6%Added
US Bancorp23,615$1.38M0.00%+2,051+9.5%Added
Virginia Retirement Systems Et Al23,900$1.39M0.01%00.0%Unchanged
Berylson Capital Partners, LLC25,100$1.46M1.61%+25,100New
Qtron Investments LLC25,253$1.47M0.33%+1,841+7.9%Added
Harvest Volatility Management LLC25,354$1.48M0.07%+7,745+44.0%Added
Banque Cantonale Vaudoise27,099$1.58M0.06%−2,325−7.9%Reduced
Yousif Capital Management, LLC27,774$1.62M0.02%+27,774New
Cubist Systematic Strategies, LLC27,810$1.62M0.02%+25,021+897.1%Added
Comerica Bank27,825$1.66M0.01%+439+1.6%Added
Employees Retirement System of Texas29,000$1.69M0.02%−6,000−17.1%Reduced
FIL Ltd29,738$1.73M0.00%+9,078+43.9%Added
Ensign Peak Advisors, Inc31,750$1.85M0.00%00.0%Unchanged
American International Group, Inc.32,688$1.91M0.01%+2,854+9.6%Added
Jupiter Asset Management Ltd32,425$1.93M0.02%+12,411+62.0%Added
Regents of the University of California33,734$1.97M0.28%−16,848−33.3%Reduced
Tower Research Capital LLC (TRC)33,739$1.97M0.03%+15,358+83.6%Added
CMT Capital Markets Trading GmbH34,050$1.99M0.57%+34,050New
Panagora Asset Management Inc34,804$2.03M0.01%+4,125+13.4%Added
Banco Santander, S.A.35,480$2.07M0.01%−1,637,458−97.9%Reduced
Shelton Capital Management35,703$2.08M0.07%+4,427+14.2%Added
Trexquant Investment LP36,516$2.13M0.13%−31,275−46.1%Reduced
AlpInvest Partners B.V.45,086$2.13M0.79%00.0%Unchanged
Osborne Partners Capital Management, LLC37,046$2.16M0.16%+1,545+4.4%Added
Cutler Group LP37,895$2.21M0.15%−14,566−27.8%Reduced
Investment Management Corp of Ontario38,077$2.22M0.10%+38,077New
SEI Investments Co38,342$2.23M0.00%00.0%Unchanged
Springs Capital (Hong Kong) Ltd39,500$2.30M6.41%+39,500New
KBC Group NV39,547$2.31M0.01%−159,452−80.1%Reduced
Edmond de Rothschild Holding S.A.39,610$2.31M0.05%−2,100−5.0%Reduced
Squarepoint Ops LLC39,662$2.31M0.01%−80,666−67.0%Reduced
Aigen Investment Management, LP40,355$2.31M0.14%+33,496+488.4%Added
Apoletto Ltd40,000$2.33M0.29%+40,000New
Maxi Investments CY Ltd41,485$2.42M1.30%+41,485New
Schroder Investment Management Group167,351$2.44M0.00%+31,597+23.3%Added
LPL Financial LLC43,857$2.56M0.00%+13,201+43.1%Added
Janus Henderson Group PLC44,351$2.59M0.00%−21,461−32.6%Reduced
Nomura Asset Management Co Ltd44,795$2.61M0.01%+1,706+4.0%Added
PEAK6 Investments LLC44,994$2.62M0.07%−468,945−91.2%Reduced
GAM Holding AG45,162$2.63M0.12%−17,438−27.9%Reduced
Voya Investment Management LLC45,167$2.63M0.01%−495−1.1%Reduced
Thrivent Financial for Lutherans47,134$2.75M0.01%+16,209+52.4%Added
Schonfeld Strategic Advisors LLC48,561$2.83M0.03%+39,261+422.2%Added
New York State Common Retirement Fund50,352$2.94M0.00%−143,145−74.0%Reduced
Gold Dragon Worldwide Asset Management Ltd51,500$3.00M1.01%+51,500New
CIBC Asset Management Inc53,691$3.13M0.01%+8,366+18.5%Added
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH57,700$3.44M0.24%+11,000+23.6%Added
Profund Advisors LLC61,962$3.61M0.12%+5,687+10.1%Added
SG Americas Securities, LLC62,893$3.67M0.02%−127,632−67.0%Reduced
MayTech Global Investments, LLC64,440$3.76M0.76%−54,784−46.0%Reduced
CTC LLC67,262$3.92M0.09%+64,126+2,044.8%Added
Macquarie Group Ltd67,284$3.92M0.00%+433+0.6%Added
Gulf International Bank (UK) Ltd67,600$3.94M0.06%00.0%Unchanged
Standard Life Aberdeen plc67,649$3.94M0.01%+2,231+3.4%Added
Thomas White International Ltd68,424$3.99M0.63%+68,424New
Rafferty Asset Management, LLC70,972$4.14M0.02%+26,777+60.6%Added
Royal Bank of Canada72,692$4.24M0.00%+70,158+2,768.7%Added