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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 2022

Institutional positions in PDD Holdings Inc. as of Sep 30, 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
411
+22 vs. Q2 2022
Shares held
306.8M
+21.6M (+7.6%) vs. Q2 2022
Total value
$19.3B
+$1.53B (+8.6%) vs. Q2 2022
New holders
75
185 more added
Sold out
53
104 more reduced

5 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: 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 2022: 411 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 heldQ3 2022: $19.3B
Q1 2021: $38.8BQ2 2021: $31.9BQ3 2021: $24.7BQ4 2021: $16.0BQ1 2022: $11.0BQ2 2022: $17.8BQ3 2022: $19.3BQ4 2022: $26.6BQ1 2023: $26.7BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $58.7BQ1 2024: $47.7BQ2 2024: $58.7BQ3 2024: $56.8BQ4 2024: $39.6BQ1 2025: $49.2BQ2 2025: $43.0BQ3 2025: $54.7BQ4 2025: $50.2BQ1 2026: $43.7BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.7B
Q4 2025574$50.2B
Q3 2025559$54.7B
Q2 2025537$43.0B
Q1 2025584$49.2B
Q4 2024587$39.6B
Q3 2024602$56.8B
Q2 2024646$58.7B
Q1 2024577$47.7B
Q4 2023584$58.7B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$26.7B
Q4 2022451$26.6B
Q3 2022411$19.3B
Q2 2022394$17.8B
Q1 2022353$11.0B
Q4 2021362$16.0B
Q3 2021396$24.7B
Q2 2021415$31.9B
Q1 2021442$38.8B

Institutions, Q3 2022

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2022.

Institutions holding PDD in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co28,210,841$1.77B1.82%+110,737+0.4%Added
BlackRock Inc.23,309,402$1.46B0.05%+2,437,558+11.7%Added
FMR LLC18,855,795$1.18B0.12%−3,005,602−13.7%Reduced
Vanguard Group Inc14,643,642$916.4M0.03%+327,833+2.3%Added
State Street Corp10,320,050$645.8M0.04%+1,260,442+13.9%Added
IDG China Venture Capital Fund IV Associates L.P.8,323,944$520.9M98.14%00.0%Unchanged
HSBC Holdings PLC6,983,292$438.7M0.79%+4,878,850+231.8%Added
Morgan Stanley6,533,444$408.9M0.06%−835,305−11.3%Reduced
Norges Bank6,448,476$403.5M0.11%+1,657,316+34.6%Added
Goldman Sachs Group Inc5,874,988$367.7M0.11%+135,115+2.4%Added
UBS Asset Management Americas Inc5,517,772$345.3M0.19%+127,253+2.4%Added
GQG Partners LLC5,208,954$326.0M0.94%−949,400−15.4%Reduced
Krane Funds Advisors LLC5,076,667$317.7M16.48%−541,146−9.6%Reduced
Bridgewater Associates, LP5,066,540$317.1M1.60%+251,908+5.2%Added
Canada Pension Plan Investment Board5,045,706$315.8M0.54%−654,000−11.5%Reduced
JPMorgan Chase & Co4,181,820$261.7M0.04%−705,781−14.4%Reduced
Price T Rowe Associates Inc4,100,288$256.6M0.04%+157,842+4.0%Added
Arrowstreet Capital, Limited Partnership3,945,792$246.9M0.36%+2,054,055+108.6%Added
RWC Asset Advisors (US) LLC3,830,719$239.7M23.87%+659,854+20.8%Added
Legal & General Group Plc3,830,611$239.7M0.09%+205,555+5.7%Added
Susquehanna International Group, LLP3,698,173$231.4M0.47%+245,101+7.1%Added
E Fund Management Co., Ltd.3,667,862$229.5M21.37%+7,402+0.2%Added
Assenagon Asset Management S.A.3,587,297$224.5M0.96%+755,156+26.7%Added
SC US (TTGP), Ltd.3,500,000$219.0M2.53%00.0%Unchanged
Marshall Wace, LLP3,499,355$219.0M0.55%+891,752+34.2%Added
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management3,241,060$202.8M13.77%+1,233,872+61.5%Added
Barclays PLC3,183,701$199.2M0.22%+309,780+10.8%Added
FIL Ltd3,019,800$189.0M0.24%+3,008,426+26,450.0%Added
Temasek Holdings (Private) Ltd2,716,081$170.0M1.02%+269,955+11.0%Added
Matthews International Capital Management LLC2,626,503$164.4M23.88%+1,112,685+73.5%Added
Geode Capital Management, LLC2,630,898$164.2M0.02%+415,266+18.7%Added
Invesco Ltd.2,596,695$162.5M0.05%+142,267+5.8%Added
Banco Santander, S.A.2,450,000$153.3M2.05%+650,000+36.1%Added
Fisher Asset Management, LLC2,397,496$150.0M0.11%−729,048−23.3%Reduced
Taikang Asset Management (Hong Kong) Co Ltd286,760$140.9M3.69%+19,244+7.2%Added
Nuveen Asset Management, LLC2,119,328$132.6M0.05%−773,764−26.7%Reduced
Two Sigma Investments, LP2,109,115$132.0M0.46%+1,502,469+247.7%Added
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)2,011,900$125.9M3.31%+611,972+43.7%Added
Genesis Investment Management, LLP1,860,526$116.4M13.33%−356,235−16.1%Reduced
SC China Holding Ltd1,749,999$109.5M11.75%00.0%Unchanged
Northern Trust Corp1,704,495$106.7M0.02%+213,323+14.3%Added
1832 Asset Management L.P.1,642,500$102.8M0.22%+81,200+5.2%Added
Franchise Capital Ltd1,631,217$102.1M44.42%−389,676−19.3%Reduced
Two Sigma Advisers, LP1,552,300$97.1M0.28%+1,041,600+204.0%Added
Public Investment Fund1,539,393$96.3M0.26%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.1,435,239$89.8M0.07%+155,024+12.1%Added
Credit Suisse AG1,388,785$86.9M0.10%−74,983−5.1%Reduced
Bank of New York Mellon Corp1,371,816$85.8M0.02%+236,600+20.8%Added
Swiss National Bank1,369,195$85.7M0.06%+166,189+13.8%Added
Cederberg Capital Ltd1,361,500$85.2M33.17%−368,000−21.3%Reduced
D. E. Shaw & Co., Inc.1,356,815$84.9M0.15%+1,330,400+5,036.5%Added
Renaissance Technologies LLC1,320,900$82.7M0.12%+1,314,500+20,539.1%Added
Deutsche Bank AG1,318,790$82.5M0.05%−1,447,722−52.3%Reduced
Russell Investments Group, Ltd.1,314,833$82.3M0.18%+288,315+28.1%Added
Schroder Investment Management Group1,313,013$82.2M0.14%−2,596,651−66.4%Reduced
RWC Asset Management LLP1,236,522$77.4M2.60%+243,474+24.5%Added
WT Asset Management Ltd1,137,775$71.2M50.97%+811,095+248.3%Added
First Manhattan Co1,133,250$70.9M0.30%−64,026−5.3%Reduced
Altimeter Capital Management, LPSuperinvestorAltimeter Capital1,100,000$68.8M1.47%+1,100,000New
UBS Group AG1,081,227$67.7M0.04%+170,622+18.7%Added
Alkeon Capital Management LLC1,072,772$67.1M0.46%−127,228−10.6%Reduced
Principal Financial Group Inc1,059,392$66.3M0.05%+694,549+190.4%Added
Tairen Capital Ltd1,043,864$65.3M7.43%+1,043,864New
Aspex Management (HK) Ltd1,000,000$62.6M1.86%+1,000,000New
Mirae Asset Global Investments Co., Ltd.994,043$62.2M0.17%−181,600−15.4%Reduced
Bank of America Corp956,912$59.9M0.01%−111,995−10.5%Reduced
Holocene Advisors, LP910,184$57.0M0.37%+477,830+110.5%Added
Pictet Asset Management SA905,440$56.7M0.08%+270,924+42.7%Added
Trivest Advisors Ltd891,500$55.8M19.21%−1,060,500−54.3%Reduced
National Bank of Canada890,339$55.7M0.32%−475,921−34.8%Reduced
APG Asset Management N.V.858,728$54.9M0.14%−482,100−36.0%Reduced
Fullerton Fund Management Co Ltd.864,470$54.1M4.02%−621,386−41.8%Reduced
Man Group plc853,747$53.4M0.25%––
Mitsubishi UFJ Trust & Banking Corp845,156$52.9M0.15%+39,758+4.9%Added
Ameriprise Financial Inc821,194$51.4M0.02%+210,474+34.5%Added
California Public Employees Retirement System819,829$51.3M0.05%+127,152+18.4%Added
Handelsbanken Fonder AB794,753$49.7M0.33%+116,453+17.2%Added
Perseverance Asset Management International773,734$48.4M29.14%−78,207−9.2%Reduced
Manufacturers Life Insurance Company, The748,709$46.2M0.03%+239,986+47.2%Added
Driehaus Capital Management LLC738,461$46.2M0.70%+369,391+100.1%Added
Sylebra Capital Ltd730,182$45.7M2.26%−168,838−18.8%Reduced
AQR Capital Management LLC720,858$45.1M0.11%+41,250+6.1%Added
Portman Ltd713,135$44.6M78.40%00.0%Unchanged
Great West Life Assurance Co708,382$44.3M0.13%+85,425+13.7%Added
Victory Capital Management Inc684,478$42.8M0.05%+550,659+411.5%Added
Origin Asset Management LLP684,257$42.8M17.41%+684,257New
First Trust Advisors LP678,030$42.4M0.06%+290,407+74.9%Added
Healthcare of Ontario Pension Plan Trust Fund644,766$40.3M0.20%−516,382−44.5%Reduced
Oceanlink Management Ltd.640,060$40.1M10.00%−2,174,409−77.3%Reduced
Nordea Investment Management AB655,933$39.9M0.06%+92,686+16.5%Added
Penserra Capital Management LLC637,334$39.9M1.13%−44,547−6.5%Reduced
Kora Management LP545,000$34.1M10.20%+545,000New
Whale Rock Capital Management LLC519,955$32.5M0.91%+519,955New
Jennison Associates LLC516,038$32.3M0.03%+53,743+11.6%Added
ProShare Advisors LLC511,213$32.0M0.12%−135,535−21.0%Reduced
Charles Schwab Investment Management Inc510,471$31.9M0.01%+1,377+0.3%Added
Causeway Capital Management LLC501,312$31.4M0.88%+282,753+129.4%Added
Pinebridge Investments, L.P.500,260$31.3M0.40%+17,644+3.7%Added
USS Investment Management Ltd462,994$29.0M0.42%−195,898−29.7%Reduced
Coronation Fund Managers Ltd.446,507$27.9M1.50%+185,453+71.0%Added