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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, Q1 2022

Institutional positions in PDD Holdings Inc. as of Mar 31, 2022. 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
353
−4 vs. Q4 2021
Shares held
274.1M
+3.94M (+1.5%) vs. Q4 2021
Total value
$11.0B
−$4.73B (−30.1%) vs. Q4 2021
New holders
54
162 more added
Sold out
58
93 more reduced

5 institutions that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 353 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: 559 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ1 2022: $11.0B
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 2025559$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, Q1 2022

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2021.

Institutions holding PDD in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co29,087,492$1.17B0.82%−14,2740.0%Reduced
FMR LLC24,972,963$1.00B0.08%+12,772,426+104.7%Added
BlackRock Inc.21,132,380$847.6M0.02%+828,378+4.1%Added
Vanguard Group Inc14,124,382$566.5M0.01%+211,729+1.5%Added
State Street Corp8,973,434$359.9M0.02%−277,087−3.0%Reduced
IDG China Venture Capital Fund IV Associates L.P.8,323,944$333.9M95.86%00.0%Unchanged
JPMorgan Chase & Co7,116,089$285.4M0.04%+3,621,653+103.6%Added
Tiger Global Management LLCSuperinvestorTiger Global Management5,772,126$231.5M0.87%−10,012,324−63.4%Reduced
Morgan Stanley5,589,544$224.2M0.03%+958,952+20.7%Added
Krane Funds Advisors LLC5,553,809$222.8M9.22%+967,642+21.1%Added
Goldman Sachs Group Inc5,521,912$221.5M0.06%−69,684−1.2%Reduced
Marshall Wace, LLP5,056,557$202.8M0.42%+2,257,338+80.6%Added
Bridgewater Associates, LP4,939,412$198.1M0.80%+2,277,541+85.6%Added
Canada Pension Plan Investment Board4,550,586$182.5M0.24%+1,434,353+46.0%Added
Norges Bank4,456,518$178.8M0.04%−115,000−2.5%Reduced
E Fund Management Co., Ltd.4,042,764$162.7M5.32%+984,407+32.2%Added
Price T Rowe Associates Inc3,654,218$146.6M0.01%−4,187,389−53.4%Reduced
SC US (TTGP), Ltd.3,500,000$140.4M0.90%00.0%Unchanged
Two Sigma Investments, LP3,444,578$138.2M0.42%+2,988,606+655.4%Added
Assenagon Asset Management S.A.3,418,374$137.1M0.45%+2,205,548+181.9%Added
Fisher Asset Management, LLC3,336,164$133.8M0.08%−120,177−3.5%Reduced
Nuveen Asset Management, LLC3,143,443$126.1M0.04%+1,507,968+92.2%Added
Legal & General Group Plc3,142,700$126.1M0.04%+78,046+2.5%Added
UBS Asset Management Americas Inc2,805,076$112.5M0.05%+22,337+0.8%Added
Barclays PLC2,727,864$109.4M0.09%−461,950−14.5%Reduced
D. E. Shaw & Co., Inc.2,528,721$101.4M0.13%+2,103,437+494.6%Added
Millennium Management LLC2,510,955$100.7M0.12%−704,362−21.9%Reduced
Temasek Holdings (Private) Ltd2,446,126$98.1M0.41%+329,599+15.6%Added
Oceanlink Management Ltd.2,331,869$93.5M22.20%+936,000+67.1%Added
Credit Suisse AG2,330,415$93.5M0.08%+263,202+12.7%Added
Genesis Investment Management, LLP2,315,638$92.9M5.46%+563,642+32.2%Added
Invesco Ltd.2,181,843$87.5M0.02%−13,602,860−86.2%Reduced
Geode Capital Management, LLC2,185,472$87.1M0.01%+105,494+5.1%Added
HSBC Holdings PLC2,130,676$86.2M0.12%+240,159+12.7%Added
Renaissance Technologies LLC2,087,700$83.7M0.10%+1,064,300+104.0%Added
Franchise Capital Ltd1,985,291$79.6M22.33%+407,687+25.8%Added
Arrowstreet Capital, Limited Partnership1,801,377$72.3M0.09%+1,801,377New
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management1,767,006$70.9M3.04%−942,951−34.8%Reduced
SC China Holding Ltd1,749,999$70.2M8.76%00.0%Unchanged
Susquehanna International Group, LLP1,707,990$68.5M0.10%+1,299,247+317.9%Added
Public Investment Fund1,539,393$61.7M0.14%00.0%Unchanged
Cederberg Capital Ltd1,499,500$60.1M15.05%+1,499,500New
UBS Group AG1,442,173$57.8M0.02%−497,351−25.6%Reduced
Matthews International Capital Management LLC1,416,800$56.8M7.87%+533,300+60.4%Added
Healthcare of Ontario Pension Plan Trust Fund1,408,900$56.5M0.20%+521,312+58.7%Added
Northern Trust Corp1,389,378$55.7M0.01%+74,057+5.6%Added
BNP Paribas Arbitrage, SA1,312,020$52.6M0.10%+99,242+8.2%Added
Deutsche Bank AG1,286,551$51.6M0.02%+93,786+7.9%Added
Perseverance Asset Management International1,229,530$49.3M38.05%+358,356+41.1%Added
Sumitomo Mitsui Trust Holdings, Inc.1,219,009$48.9M0.03%−1,939,467−61.4%Reduced
Swiss National Bank1,209,006$48.5M0.03%+143,100+13.4%Added
First Manhattan Co1,197,276$48.0M0.16%+799,506+201.0%Added
APG Asset Management N.V.1,264,828$45.6M0.09%+259,600+25.8%Added
Bank of New York Mellon Corp1,092,959$43.8M0.01%−25,214−2.3%Reduced
Pictet Asset Management SA1,088,005$43.6M0.05%−183,287−14.4%Reduced
Bank of America Corp1,008,611$40.5M0.00%+305,560+43.5%Added
Sylebra Capital Ltd990,577$39.7M1.71%+95,861+10.7%Added
ProShare Advisors LLC915,128$36.7M0.08%−14,352−1.5%Reduced
Library Research Ltd857,302$34.4M27.75%+150,000+21.2%Added
Two Sigma Advisers, LP840,900$33.7M0.09%+480,100+133.1%Added
Man Group plc790,772$31.7M0.11%+510,459+182.1%Added
Mitsubishi UFJ Trust & Banking Corp789,427$31.7M0.07%−42,867−5.2%Reduced
Citigroup Inc786,685$31.6M0.03%−66,993−7.8%Reduced
Penserra Capital Management LLC756,592$30.3M0.72%−77,659−9.3%Reduced
AQR Capital Management LLC734,015$29.4M0.06%−6,872−0.9%Reduced
California Public Employees Retirement System725,706$29.1M0.02%−48,690−6.3%Reduced
Jane Street Group, LLC703,955$28.2M0.05%−199,827−22.1%Reduced
Banco Santander, S.A.700,000$28.1M0.30%+664,520+1,872.9%Added
Mirae Asset Global Investments Co., Ltd.684,850$27.5M0.06%+13,215+2.0%Added
Alberta Investment Management Corp659,100$26.4M0.15%+378,400+134.8%Added
Dimensional Fund Advisors LP610,051$24.5M0.01%+10,928+1.8%Added
Citadel Advisors LLC598,367$24.0M0.03%+438,872+275.2%Added
Charles Schwab Investment Management Inc502,627$20.2M0.01%+10,070+2.0%Added
Altimeter Capital Management, LPSuperinvestorAltimeter Capital500,000$20.1M0.29%+300,000+150.0%Added
Portman Ltd493,709$19.8M41.32%00.0%Unchanged
MY.Alpha Management HK Advisors Ltd492,676$19.8M7.76%+131,521+36.4%Added
Nordea Investment Management AB484,075$19.6M0.02%+64,964+15.5%Added
Great West Life Assurance Co463,257$19.3M0.04%+16,800+3.8%Added
First Trust Advisors LP469,488$18.8M0.02%+52,093+12.5%Added
La Financiere de L'Echiquier415,000$16.6M0.69%+91,000+28.1%Added
WT Asset Management Ltd398,635$16.0M5.83%+398,635New
Manufacturers Life Insurance Company, The398,148$16.0M0.01%+4,500+1.1%Added
Pinebridge Investments, L.P.394,121$15.8M0.17%+65,642+20.0%Added
National Bank of Canada362,221$14.1M0.06%−908,507−71.5%Reduced
DekaBank Deutsche Girozentrale143,226$13.8M0.03%+4,242+3.1%Added
Myriad Asset Management Ltd.300,000$12.0M1.75%+300,000New
Korea Investment CORP288,370$11.6M0.03%−223,286−43.6%Reduced
Qube Research & Technologies Ltd278,790$11.2M0.10%+119,651+75.2%Added
E Fund Management (Hong Kong) Co., Ltd.257,145$10.9M6.94%+148,166+136.0%Added
AXA S.A.259,315$10.4M0.03%−183,616−41.5%Reduced
Handelsbanken Fonder AB259,000$10.4M0.06%+60,700+30.6%Added
TB Alternative Assets Ltd.257,500$10.3M3.55%+257,500New
BIT Capital GmbH250,498$10.0M1.03%+233,266+1,353.7%Added
Public Sector Pension Investment Board248,371$9.96M0.06%+41,742+20.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC244,772$9.82M0.05%+35,431+16.9%Added
TT International Asset Management LTD238,320$9.56M0.67%+14,514+6.5%Added
Toroso Investments, LLC231,670$9.29M0.28%+6,076+2.7%Added
Barings LLC229,320$9.20M0.28%00.0%Unchanged
Hampton Road Capital Management LP225,000$9.03M2.78%+225,000New
Russell Investments Group, Ltd.221,040$8.88M0.02%+84,479+61.9%Added