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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: 560 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 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, 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
CIBC World Markets Inc.12,847$515.0K0.00%+5,312+70.5%Added
Portland Ltd13,635$547.0K9.45%00.0%Unchanged
Tudor Investment Corp Et Al14,108$566.0K0.01%−1,836−11.5%Reduced
General Atlantic LLC14,282$573.0K0.01%00.0%Unchanged
Verition Fund Management LLC14,642$587.0K0.01%−589−3.9%Reduced
First Republic Investment Management, Inc.14,700$590.0K0.00%+3,123+27.0%Added
Daiwa Securities Group Inc.14,813$594.0K0.00%−8,421−36.2%Reduced
FIL Ltd15,345$615.0K0.00%−14,393−48.4%Reduced
Harvest Fund Management Co., Ltd15,457$619.0K0.13%−3,182−17.1%Reduced
B. Metzler seel. Sohn & Co. AG15,499$622.0K0.01%+7,000+82.4%Added
Eaton Vance Management15,528$622.0K0.00%+13,436+642.3%Added
ExodusPoint Capital Management, LP16,197$650.0K0.01%+10,573+188.0%Added
Enlightenment Research, LLC16,300$654.0K0.87%+10,316+172.4%Added
Raymond James & Associates16,641$667.0K0.00%+2,304+16.1%Added
Candriam Luxembourg S.C.A.16,737$671.0K0.00%−3,207−16.1%Reduced
Chiron Investment Management, LLC18,719$751.0K0.09%+18,719New
IFM Investors Pty Ltd19,210$771.0K0.01%+19,210New
Teacher Retirement System of Texas19,246$772.0K0.00%−305,224−94.1%Reduced
Twinbeech Capital LP19,667$789.0K0.03%+19,667New
Crossmark Global Holdings, Inc.19,902$798.0K0.02%+3,692+22.8%Added
Lee Capital Holdings LLC20,000$802.0K0.46%+20,000New
TD Asset Management Inc20,300$814.0K0.00%+1,700+9.1%Added
Qalhat Capital Ltd21,322$855.0K0.43%00.0%Unchanged
US Bancorp21,743$873.0K0.00%−1,872−7.9%Reduced
Louisiana State Employees Retirement System23,600$881.0K0.02%+1,500+6.8%Added
Dai-Ichi Life Insurance Company, Ltd22,466$901.0K0.01%00.0%Unchanged
Envestnet Asset Management Inc22,523$903.0K0.00%+10,488+87.1%Added
Centiva Capital, LP22,654$909.0K0.05%−67,436−74.9%Reduced
Caption Management, LLC23,400$938.0K0.06%+23,400New
Janus Henderson Group PLC23,487$942.0K0.00%−20,864−47.0%Reduced
Edmond de Rothschild Holding S.A.24,154$968.0K0.02%−15,456−39.0%Reduced
Mackenzie Financial Corp24,944$1.00M0.00%−88,041−77.9%Reduced
Banque Cantonale Vaudoise25,249$1.01M0.04%−1,850−6.8%Reduced
Industrial Alliance Investment Management Inc.25,486$1.02M0.02%+3,898+18.1%Added
ING Groep NV25,710$1.03M0.01%+8,047+45.6%Added
Comerica Bank27,857$1.04M0.01%+32+0.1%Added
Royal Bank of Canada26,273$1.05M0.00%−46,419−63.9%Reduced
Marathon Trading Investment Management LLC26,270$1.05M0.47%+13,777+110.3%Added
Harvest Volatility Management LLC26,914$1.08M0.12%+1,560+6.2%Added
Migdal Insurance & Financial Holdings Ltd.25,230$1.10M0.02%+24,570+3,722.7%Added
Qtron Investments LLC27,701$1.11M0.25%+2,448+9.7%Added
Yousif Capital Management, LLC27,774$1.11M0.01%00.0%Unchanged
Virginia Retirement Systems Et Al28,000$1.12M0.01%+4,100+17.2%Added
HAP Trading, LLC28,073$1.13M0.13%+28,073New
American Century Companies Inc28,785$1.16M0.00%+6,766+30.7%Added
Allspring Global Investments Holdings, LLC29,826$1.20M0.00%−655,206−95.6%Reduced
Capstone Investment Advisors, LLC30,891$1.24M0.03%+30,891New
Ensign Peak Advisors, Inc31,750$1.27M0.00%00.0%Unchanged
Fulcrum Asset Management LLP–$1.29M0.37%–New
Los Angeles Capital Management LLC32,533$1.30M0.01%−58,149−64.1%Reduced
AlpInvest Partners B.V.32,601$1.31M0.42%−12,485−27.7%Reduced
American International Group, Inc.32,832$1.32M0.01%+144+0.4%Added
Taikang Asset Management (Hong Kong) Co Ltd32,922$1.32M0.22%−118,528−78.3%Reduced
Regents of the University of California33,734$1.35M0.20%00.0%Unchanged
Investment Management Corp of Ontario33,877$1.36M0.13%−4,200−11.0%Reduced
Simplex Trading, LLC34,500$1.38M0.04%+34,300+17,150.0%Added
Oberweis Asset Management Inc35,000$1.40M0.28%+35,000New
Seven Eight Capital, LP35,783$1.44M0.19%+35,783New
Morningstar Investment Management LLC36,007$1.44M0.27%+13,131+57.4%Added
SG3 Management, LLC37,500$1.50M0.42%+28,800+331.0%Added
Eschler Asset Management LLP36,400$1.53M1.44%+15,400+73.3%Added
Shelton Capital Management38,481$1.54M0.06%+2,778+7.8%Added
Panagora Asset Management Inc40,548$1.63M0.01%+5,744+16.5%Added
Macquarie Group Ltd40,718$1.63M0.00%−26,566−39.5%Reduced
Quadrature Capital Ltd40,756$1.63M0.07%+40,756New
Maxi Investments CY Ltd41,485$1.66M0.98%00.0%Unchanged
Pinpoint Asset Management Ltd31,610$1.67M0.69%+31,610New
FORA Capital, LLC38,451$1.68M0.30%+38,451New
Osborne Partners Capital Management, LLC42,081$1.69M0.12%+5,035+13.6%Added
SEI Investments Co43,201$1.73M0.00%+4,859+12.7%Added
Squarepoint Ops LLC43,482$1.74M0.01%+3,820+9.6%Added
CTC LLC45,185$1.81M0.03%−22,077−32.8%Reduced
Two Sigma Securities, LLC46,062$1.85M0.26%+46,062New
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH46,400$1.88M0.14%−11,300−19.6%Reduced
Parallax Volatility Advisers, L.P.47,080$1.89M0.04%−169,661−78.3%Reduced
Nomura Asset Management Co Ltd48,030$1.93M0.01%+3,235+7.2%Added
Thrivent Financial for Lutherans49,598$1.99M0.00%+2,464+5.2%Added
Voya Investment Management LLC50,259$2.02M0.00%+5,092+11.3%Added
Panview Asian Equity Master Fund52,333$2.10M3.36%+52,333New
China Universal Asset Management Co., Ltd.56,560$2.27M0.80%−155,648−73.3%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main58,000$2.33M0.00%+58,000New
CIBC Asset Management Inc58,752$2.36M0.01%+5,061+9.4%Added
Profund Advisors LLC60,354$2.42M0.10%−1,608−2.6%Reduced
Wellington Management Group LLP60,616$2.43M0.00%−27,563−31.3%Reduced
Apollo Management Holdings, L.P.62,500$2.51M0.02%+62,500New
Ameriprise Financial Inc67,464$2.64M0.00%−11,970−15.1%Reduced
Schonfeld Strategic Advisors LLC66,668$2.67M0.03%+18,107+37.3%Added
Gulf International Bank (UK) Ltd67,600$2.71M0.04%00.0%Unchanged
Standard Life Aberdeen plc70,857$2.90M0.01%+3,208+4.7%Added
CMT Capital Markets Trading GmbH72,444$2.91M1.30%+38,394+112.8%Added
M&G Investment Management Ltd76,871$3.08M0.01%−9,939−11.4%Reduced
Maytus Capital Management, LLC80,000$3.21M0.79%+80,000New
California State Teachers Retirement System80,254$3.22M0.00%−2,865−3.4%Reduced
Caisse de Depot Et Placement du Quebec80,935$3.25M0.01%+4,673+6.1%Added
Wells Fargo & Company82,912$3.33M0.00%−30,003−26.6%Reduced
Apoletto Ltd85,000$3.41M0.90%+45,000+112.5%Added
Liontrust Investment Partners LLP85,000$3.41M0.04%+10,000+13.3%Added
Shell Asset Management Co85,386$3.42M0.08%−11,100−11.5%Reduced
Guggenheim Capital LLC85,819$3.44M0.02%−23,438−21.5%Reduced
Asset Management One Co.,Ltd.87,559$3.51M0.01%−10,781−11.0%Reduced