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 2022
Institutional positions in PDD Holdings Inc. as of Dec 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
- 451
- +53 vs. Q3 2022
- Shares held
- 325.3M
- +19.8M (+6.5%) vs. Q3 2022
- Total value
- $26.5B
- +$7.43B (+38.9%) vs. Q3 2022
- New holders
- 102
- 175 more added
- Sold out
- 49
- 131 more reduced
13 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 508 | $32.9B |
| Q1 2026 | 568 | $43.7B |
| Q4 2025 | 574 | $50.2B |
| Q3 2025 | 559 | $54.7B |
| Q2 2025 | 537 | $43.0B |
| Q1 2025 | 584 | $49.2B |
| Q4 2024 | 587 | $39.6B |
| Q3 2024 | 602 | $56.8B |
| Q2 2024 | 646 | $58.7B |
| Q1 2024 | 577 | $47.7B |
| Q4 2023 | 584 | $58.7B |
| Q3 2023 | 473 | $35.8B |
| Q2 2023 | 452 | $23.2B |
| Q1 2023 | 468 | $26.7B |
| Q4 2022 | 451 | $26.6B |
| Q3 2022 | 411 | $19.3B |
| Q2 2022 | 394 | $17.8B |
| Q1 2022 | 353 | $11.0B |
| Q4 2021 | 362 | $16.0B |
| Q3 2021 | 396 | $24.7B |
| Q2 2021 | 415 | $31.9B |
| Q1 2021 | 442 | $38.8B |
Institutions, Q4 2022
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 28,625,980 | $2.33B | 2.43% | +415,139+1.5% | Added |
| BlackRock Inc. | 25,708,474 | $2.10B | 0.07% | +2,399,072+10.3% | Added |
| Vanguard Group Inc | 14,779,624 | $1.21B | 0.03% | +135,982+0.9% | Added |
| FMR LLC | 14,129,313 | $1.15B | 0.11% | −4,726,482−25.1% | Reduced |
| State Street Corp | 10,988,548 | $896.1M | 0.05% | +668,498+6.5% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 8,323,944 | $678.8M | 98.63% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 8,201,888 | $668.9M | 0.19% | +2,326,900+39.6% | Added |
| Morgan Stanley | 7,081,371 | $577.5M | 0.07% | +547,927+8.4% | Added |
| UBS Asset Management Americas Inc | 6,596,321 | $537.9M | 0.28% | +1,078,549+19.5% | Added |
| Norges Bank | 6,144,558 | $501.1M | 0.12% | −303,918−4.7% | Reduced |
| JPMorgan Chase & Co | 6,073,920 | $495.3M | 0.07% | +1,892,100+45.2% | Added |
| D. E. Shaw & Co., Inc. | 5,739,201 | $468.0M | 0.79% | +4,382,386+323.0% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 5,578,552 | $454.9M | 27.92% | +2,337,492+72.1% | Added |
| Krane Funds Advisors LLC | 4,811,551 | $392.4M | 16.03% | −265,116−5.2% | Reduced |
| HSBC Holdings PLC | 4,774,826 | $389.5M | 0.48% | −2,208,466−31.6% | Reduced |
| FIL Ltd | 4,495,031 | $366.6M | 0.44% | +1,475,231+48.9% | Added |
| Trivest Advisors Ltd | 4,427,900 | $361.1M | 43.80% | +3,536,400+396.7% | Added |
| Canada Pension Plan Investment Board | 4,051,506 | $330.4M | 0.59% | −994,200−19.7% | Reduced |
| Legal & General Group Plc | 3,655,395 | $298.1M | 0.11% | −175,216−4.6% | Reduced |
| Bridgewater Associates, LP | 3,645,830 | $297.3M | 1.62% | −1,420,710−28.0% | Reduced |
| Barclays PLC | 3,636,383 | $296.5M | 0.26% | +452,682+14.2% | Added |
| E Fund Management Co., Ltd. | 3,634,894 | $296.4M | 24.68% | −32,968−0.9% | Reduced |
| Price T Rowe Associates Inc | 3,494,173 | $284.9M | 0.05% | −606,115−14.8% | Reduced |
| RWC Asset Advisors (US) LLC | 3,434,782 | $280.1M | 24.38% | −395,937−10.3% | Reduced |
| Renaissance Technologies LLC | 3,360,100 | $274.0M | 0.37% | +2,039,200+154.4% | Added |
| SC US (TTGP), Ltd. | 3,185,022 | $259.7M | 3.43% | −314,978−9.0% | Reduced |
| Robeco Institutional Asset Management B.V. | 3,002,831 | $244.9M | 0.71% | +3,002,831 | New |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 2,903,800 | $236.8M | 5.00% | +891,900+44.3% | Added |
| Marshall Wace, LLP | 2,883,497 | $235.1M | 0.61% | −615,858−17.6% | Reduced |
| Alliancebernstein L.P. | 2,845,009 | $232.0M | 0.10% | +2,771,693+3,780.5% | Added |
| Temasek Holdings (Private) Ltd | 2,716,081 | $221.5M | 1.29% | 00.0% | Unchanged |
| Tairen Capital Ltd | 2,659,134 | $216.9M | 25.29% | +1,615,270+154.7% | Added |
| Geode Capital Management, LLC | 2,665,060 | $216.4M | 0.03% | +34,162+1.3% | Added |
| BNP Paribas Arbitrage, SA | 2,626,278 | $214.2M | 0.54% | +2,626,278 | New |
| Matthews International Capital Management LLC | 2,386,948 | $194.7M | 23.01% | −239,555−9.1% | Reduced |
| Vontobel Holding Ltd. | 2,343,844 | $191.1M | 1.93% | +2,295,126+4,711.0% | Added |
| Invesco Ltd. | 2,174,914 | $177.4M | 0.05% | −421,781−16.2% | Reduced |
| Genesis Investment Management, LLP | 2,141,409 | $174.6M | 19.50% | +280,883+15.1% | Added |
| Fisher Asset Management, LLC | 1,982,391 | $161.7M | 0.11% | −415,105−17.3% | Reduced |
| Nuveen Asset Management, LLC | 1,972,445 | $160.9M | 0.06% | −146,883−6.9% | Reduced |
| CoreView Capital Management Ltd | 1,962,451 | $160.0M | 24.60% | +1,962,451 | New |
| Bank of America Corp | 1,874,676 | $152.9M | 0.02% | +917,764+95.9% | Added |
| UBS Group AG | 1,864,616 | $152.1M | 0.07% | +783,389+72.5% | Added |
| Arrowstreet Capital, Limited Partnership | 1,841,473 | $150.2M | 0.21% | −2,104,319−53.3% | Reduced |
| Deutsche Bank AG | 1,831,729 | $149.4M | 0.09% | +512,939+38.9% | Added |
| Fullerton Fund Management Co Ltd. | 1,804,119 | $147.1M | 10.96% | +939,649+108.7% | Added |
| Veritas Asset Management LLP | 1,761,000 | $143.6M | 1.18% | +1,761,000 | New |
| Principal Financial Group Inc | 1,752,270 | $142.9M | 0.11% | +692,878+65.4% | Added |
| Northern Trust Corp | 1,694,927 | $138.2M | 0.03% | −9,568−0.6% | Reduced |
| Franchise Capital Ltd | 1,633,113 | $133.2M | 40.84% | +1,896+0.1% | Added |
| SC China Holding Ltd | 1,592,510 | $129.9M | 13.16% | −157,489−9.0% | Reduced |
| Public Investment Fund | 1,539,393 | $125.5M | 0.41% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 1,520,667 | $124.0M | 0.32% | +526,624+53.0% | Added |
| Swiss National Bank | 1,366,995 | $111.5M | 0.08% | −2,200−0.2% | Reduced |
| Cederberg Capital Ltd | 1,361,500 | $111.0M | 36.89% | 00.0% | Unchanged |
| Pictet Asset Management SA | 1,346,661 | $109.8M | 0.16% | +441,221+48.7% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,346,096 | $109.8M | 0.09% | −89,143−6.2% | Reduced |
| Bank of New York Mellon Corp | 1,311,076 | $106.9M | 0.02% | −60,740−4.4% | Reduced |
| Alkeon Capital Management LLC | 1,280,000 | $104.4M | 0.78% | +207,228+19.3% | Added |
| Russell Investments Group, Ltd. | 1,209,755 | $98.7M | 0.20% | −105,078−8.0% | Reduced |
| Two Sigma Investments, LP | 1,183,463 | $96.5M | 0.31% | −925,652−43.9% | Reduced |
| Wolverine Trading, LLC | 1,122,700 | $91.6M | 1.56% | +1,122,700 | New |
| APG Asset Management N.V. | 1,069,328 | $87.2M | 0.17% | +210,600+24.5% | Added |
| WT Asset Management Ltd | 1,062,289 | $86.6M | 34.69% | −75,486−6.6% | Reduced |
| RWC Asset Management LLP | 1,060,562 | $86.5M | 2.72% | −175,960−14.2% | Reduced |
| Perseverance Asset Management International | 1,026,120 | $83.7M | 37.54% | +252,386+32.6% | Added |
| First Trust Advisors LP | 994,405 | $81.1M | 0.10% | +316,375+46.7% | Added |
| Ameriprise Financial Inc | 959,867 | $78.3M | 0.03% | +138,673+16.9% | Added |
| Pinpoint Asset Management Ltd | 944,210 | $77.0M | 18.93% | +555,637+143.0% | Added |
| Two Sigma Advisers, LP | 944,100 | $77.0M | 0.21% | −608,200−39.2% | Reduced |
| Credit Suisse AG | 934,242 | $76.2M | 0.08% | −454,543−32.7% | Reduced |
| 1832 Asset Management L.P. | 933,800 | $76.2M | 0.16% | −708,700−43.1% | Reduced |
| Coronation Fund Managers Ltd. | 910,158 | $74.2M | 2.06% | +463,651+103.8% | Added |
| Man Group plc | 908,774 | $74.1M | 0.27% | +55,027+6.4% | Added |
| Sylebra Capital Ltd | 906,722 | $73.9M | 4.17% | +176,540+24.2% | Added |
| Oceanlink Management Ltd. | 836,844 | $68.2M | 14.49% | +196,784+30.7% | Added |
| California Public Employees Retirement System | 817,795 | $66.7M | 0.06% | −2,034−0.2% | Reduced |
| FengHe Fund Management Pte. Ltd. | 815,000 | $66.5M | 8.99% | +648,500+389.5% | Added |
| Causeway Capital Management LLC | 813,151 | $66.3M | 1.93% | +311,839+62.2% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 811,868 | $66.2M | 0.17% | −33,288−3.9% | Reduced |
| Origin Asset Management LLP | 801,547 | $65.4M | 19.12% | +117,290+17.1% | Added |
| Victory Capital Management Inc | 791,697 | $64.6M | 0.07% | +107,219+15.7% | Added |
| Quadrature Capital Ltd | 772,940 | $63.1M | 1.87% | +636,455+466.3% | Added |
| Susquehanna Fundamental Investments, LLC | 764,885 | $62.4M | 1.08% | +654,256+591.4% | Added |
| Manufacturers Life Insurance Company, The | 732,526 | $60.0M | 0.04% | −16,183−2.2% | Reduced |
| AQR Capital Management LLC | 734,441 | $59.9M | 0.14% | +13,583+1.9% | Added |
| First Manhattan Co | 733,340 | $59.8M | 0.22% | −399,910−35.3% | Reduced |
| Prudential PLC | 730,703 | $59.6M | 0.75% | +377,777+107.0% | Added |
| Lord, Abbett & Co. LLC | 724,689 | $59.1M | 0.21% | +724,689 | New |
| Great West Life Assurance Co | 718,121 | $58.7M | 0.15% | +9,739+1.4% | Added |
| Whale Rock Capital Management LLC | 661,858 | $54.0M | 1.81% | +141,903+27.3% | Added |
| Keystone Investors Pte Ltd | 650,279 | $53.0M | 25.36% | +650,279 | New |
| Coatue Management LLCSuperinvestorCoatue Management | 647,141 | $52.8M | 0.59% | +281,244+76.9% | Added |
| Qube Research & Technologies Ltd | 586,833 | $47.9M | 0.29% | +413,909+239.4% | Added |
| Jennison Associates LLC | 568,607 | $46.4M | 0.05% | +52,569+10.2% | Added |
| Handelsbanken Fonder AB | 560,161 | $45.7M | 0.29% | −234,592−29.5% | Reduced |
| Nomura Holdings Inc | 524,166 | $42.7M | 0.44% | +492,590+1,560.0% | Added |
| Charles Schwab Investment Management Inc | 517,026 | $42.2M | 0.01% | +6,555+1.3% | Added |
| Barings LLC | 481,762 | $39.3M | 1.39% | +481,762 | New |
| Fred Alger Management, LLC | 470,494 | $38.4M | 0.21% | +236,332+100.9% | Added |