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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
$19.2B
+$1.52B (+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: 560 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ3 2022: $19.2B
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 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
Goldman Sachs Group Inc5,874,988$367.7M0.11%+135,115+2.4%Added
Norges Bank6,448,476$403.5M0.11%+1,657,316+34.6%Added
Morgan Stanley6,533,444$408.9M0.06%−835,305−11.3%Reduced
HSBC Holdings PLC6,983,292$438.7M0.79%+4,878,850+231.8%Added
IDG China Venture Capital Fund IV Associates L.P.8,323,944$520.9M98.14%00.0%Unchanged
State Street Corp10,320,050$645.8M0.04%+1,260,442+13.9%Added
Vanguard Group Inc14,643,642$916.4M0.03%+327,833+2.3%Added
FMR LLC18,855,795$1.18B0.12%−3,005,602−13.7%Reduced
BlackRock Inc.23,309,402$1.46B0.05%+2,437,558+11.7%Added
Baillie Gifford & Co28,210,841$1.77B1.82%+110,737+0.4%Added
Taikang Asset Management (Hong Kong) Co Ltd286,760––+19,244+7.2%Added
BNP Paribas Arbitrage, SA0$00.00%−1,128,339−100.0%Sold out
Moore Capital Management, LP0$00.00%−234,000−100.0%Sold out
Chiron Investment Management, LLC0$00.00%−212,716−100.0%Sold out
Capital Fund Management S.A.0$00.00%−187,604−100.0%Sold out
Junto Capital Management LP0$00.00%−119,461−100.0%Sold out
Twinbeech Capital LP0$00.00%−113,400−100.0%Sold out
Old Mission Capital LLC0$00.00%−110,096−100.0%Sold out
Davidson Kempner Capital Management LP0$00.00%−105,811−100.0%Sold out
LifePro Asset Management0$00.00%−105,913−100.0%Sold out
Employees Retirement System of Texas0$00.00%−68,000−100.0%Sold out
QVT Financial LP0$00.00%−60,545−100.0%Sold out
Engineers Gate Manager LP0$00.00%−44,000−100.0%Sold out
IMC-Chicago, LLC0$00.00%−43,379−100.0%Sold out
Maytus Capital Management, LLC0$00.00%−43,000−100.0%Sold out
AMJ Financial Wealth Management0$00.00%−39,234−100.0%Sold out
GAM Holding AG0$00.00%−31,453−100.0%Sold out
HRT Financial LP0$00.00%−29,448−100.0%Sold out
GWM Advisors LLC0$00.00%−28,987−100.0%Sold out
Crawford Lake Capital Management, LLC0$00.00%−27,580−100.0%Sold out
Aviance Capital Partners, LLC0$00.00%−25,000−100.0%Sold out
Kovack Advisors, Inc.0$00.00%−16,146−100.0%Sold out
Connectus Wealth, LLC0$00.00%−15,511−100.0%Sold out
Quantbot Technologies LP0$00.00%−15,110−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−11,728−100.0%Sold out
BP PLC0$00.00%−9,055−100.0%Sold out
Gladstone Institutional Advisory LLC0$00.00%−8,710−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−7,875−100.0%Sold out
Claraphi Advisory Network, LLC0$00.00%−7,824−100.0%Sold out
Legacy Wealth Asset Management, LLC0$00.00%−7,393−100.0%Sold out
Insight Advisors, LLC0$00.00%−7,450−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−6,000−100.0%Sold out
Avestar Capital, LLC0$00.00%−4,952−100.0%Sold out
Drive Wealth Management, LLC0$00.00%−4,864−100.0%Sold out
Bluefin Capital Management, LLC0$00.00%−4,762−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−4,637−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−4,621−100.0%Sold out
Capital Markets Trading UK LLP0$00.00%−4,559−100.0%Sold out
Allen Investment Management LLC0$00.00%−4,525−100.0%Sold out
Gyon Technologies Capital Management, LP0$00.00%−4,528−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−4,309−100.0%Sold out
Sigma Planning Corp0$00.00%−3,969−100.0%Sold out
Financial Advocates Investment Management0$00.00%−3,569−100.0%Sold out
Elite Wealth Management, Inc.0$00.00%−3,551−100.0%Sold out
HighTower Advisors, LLC0$00.00%−3,028−100.0%Sold out
Shen Neil Nanpeng0$00.00%−1,784−100.0%Sold out
James Investment Research Inc0$00.00%−1,284−100.0%Sold out
Captrust Financial Advisors0$00.00%−620−100.0%Sold out
Advisory Services Network, LLC0$00.00%−550−100.0%Sold out
Elequin Capital LP0$00.00%−154−100.0%Sold out
Tfo-TDC, LLC0$00.00%−30−100.0%Sold out
Itau Unibanco Holding S.A.0$00.00%−10−100.0%Sold out
HM Payson & Co0$00.00%−2−100.0%Sold out
Steward Financial Group LLC0$00.00%−10−100.0%Sold out
AO Asset Management, LP––––Not filed
Exane Derivatives––––Not filed
Brewin Dolphin Ltd––––Not filed
Fieldpoint Private Securities, LLC––––Not filed
Private Capital Group, LLC––––Not filed