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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, 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.

Institutional holdersQ4 2022: 451 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 heldQ4 2022: $26.5B
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, Q4 2022

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2022.

Institutions holding PDD in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Formula Growth Ltd5,000$407.8K0.12%+5,000New
Veriti Management LLC5,066$413.1K0.05%+232+4.8%Added
Whittier Trust Co5,119$417.5K0.01%+1,637+47.0%Added
Aj Wealth Strategies, LLC5,271$430.0K0.02%−2,505−32.2%Reduced
CastleKnight Management LP5,400$440.4K0.13%+5,400New
Truist Financial Corp5,424$442.3K0.00%+2,031+59.9%Added
Quadrant Capital Group LLC5,426$442.5K0.05%−289−5.1%Reduced
VGI Partners Ltd5,500$448.5K0.10%−2,500−31.3%Reduced
Acrisure Capital Management, LLC5,550$452.6K0.50%+5,550New
Marex Group plc5,852$477.2K0.07%+5,852New
MML Investors Services, LLC5,882$480.0K0.00%+5,882New
Whittier Trust Co of Nevada Inc5,992$488.6K0.02%+3,045+103.3%Added
Norinchukin Bank, The6,054$493.7K0.01%−478−7.3%Reduced
Castleark Management LLC6,100$497.5K0.03%+6,100New
Accuvest Global Advisors6,330$516.0K0.17%+6,330New
GWM Advisors LLC7,614$528.1K0.01%+7,614New
Winton Group Ltd6,845$558.2K0.04%+1,317+23.8%Added
US Bancorp6,967$568.2K0.00%−472−6.3%Reduced
Brinker Capital Investments, LLC7,005$571.3K0.01%+7,005New
Ritholtz Wealth Management7,347$599.1K0.03%+1,513+25.9%Added
Mercer Global Advisors Inc7,520$613.0K0.00%−2,597−25.7%Reduced
Paragon Capital Management Inc8,069$658.0K0.61%+8,069New
Mackenzie Financial Corp8,099$660.5K0.00%+1,435+21.5%Added
180 Wealth Advisors, LLC6,500$680.3K0.16%+6,500New
Range Financial Group LLC8,343$680.4K0.46%+8,343New
JustInvest LLC8,380$683.4K0.03%−429−4.9%Reduced
Sicart Associates LLC8,417$686.4K0.24%00.0%Unchanged
Malaga Cove Capital, LLC8,444$688.6K0.38%−56−0.7%Reduced
Henry James International Management, Inc.8,618$702.8K0.34%+2,111+32.4%Added
Gladstone Institutional Advisory LLC8,693$708.9K0.05%+8,693New
Siemens Fonds Invest GmbH9,084$740.8K0.07%00.0%Unchanged
Ieq Capital, LLC9,514$775.9K0.02%+413+4.5%Added
Mariner, LLC9,607$783.0K0.00%+133+1.4%Added
Cigna Investments Inc9,952$812.0K0.17%−235−2.3%Reduced
Maytus Capital Management, LLC10,000$815.5K0.92%+10,000New
Signaturefd, LLC10,184$830.5K0.02%−279−2.7%Reduced
Ci Investments Inc.10,281$838.0K0.00%+9,581+1,368.7%Added
HRT Financial LP10,683$871.0K0.01%+10,683New
Verition Fund Management LLC10,895$888.5K0.02%−3,596−24.8%Reduced
Advisory Services Network, LLC11,291$920.8K0.03%+11,291New
Aperture Investors, LLC11,386$928.5K0.15%+6,924+155.2%Added
Ameritas Investment Partners, Inc.9,949$948.1K0.04%−430−4.1%Reduced
Octahedron Capital Management L.P.11,750$958.2K2.66%+6,750+135.0%Added
Quantbot Technologies LP11,867$967.8K0.07%+11,867New
Tower Research Capital LLC (TRC)11,934$973.0K0.04%−57,989−82.9%Reduced
Donaldson Capital Management, LLC12,948$1.06M0.05%+12,948New
Wetherby Asset Management Inc13,279$1.08M0.07%−271−2.0%Reduced
Pacer Advisors, Inc.13,485$1.10M0.01%−888−6.2%Reduced
Wells Fargo & Company13,934$1.14M0.00%+3,053+28.1%Added
Colony Group LLC13,970$1.14M0.02%+143+1.0%Added
TCW Group Inc14,000$1.14M0.02%+2,900+26.1%Added
Sumitomo Mitsui DS Asset Management Company, Ltd14,366$1.17M0.02%+1,900+15.2%Added
Solstein Capital, LLC14,516$1.18M0.99%+13,016+867.7%Added
Eos Management, L.P.14,522$1.18M0.60%+14,522New
Advisor Group Holdings, Inc.16,055$1.31M0.00%+1,193+8.0%Added
Hidden Lake Asset Management LP16,287$1.33M1.79%−137,663−89.4%Reduced
All-Stars Investment Ltd17,000$1.39M0.39%+17,000New
Intech Investment Management LLC17,040$1.39M0.01%−2,363−12.2%Reduced
Empowered Funds, LLC17,054$1.39M0.09%+17,054New
Knights of Columbus Asset Advisors LLC17,367$1.42M0.15%−6,143−26.1%Reduced
Virtus Investment Advisers, Inc.17,558$1.43M0.95%+6,739+62.3%Added
Parametrica Management Ltd17,975$1.47M3.01%+17,975New
TD Asset Management Inc18,200$1.48M0.00%−1,700−8.5%Reduced
Lombard Odier Asset Management (Switzerland) SA18,220$1.49M0.12%+6,601+56.8%Added
Dai-Ichi Life Insurance Company, Ltd18,633$1.52M0.04%−6,044−24.5%Reduced
Prelude Capital Management, LLC18,667$1.52M0.09%−21,587−53.6%Reduced
Partners Capital Investment Group, LLP19,330$1.58M0.08%−11,170−36.6%Reduced
Harvest Volatility Management LLC19,385$1.58M0.32%−5,030−20.6%Reduced
Seven Eight Capital, LP19,526$1.59M0.42%+19,526New
Y-Intercept (Hong Kong) Ltd19,584$1.60M0.24%+19,584New
Chimera Capital Management LLC19,996$1.63M0.46%+19,996New
Tudor Investment Corp Et Al20,056$1.64M0.04%−2,025−9.2%Reduced
Vident Investment Advisory, LLC20,197$1.65M0.06%+20,197New
Desjardins Global Asset Management Inc.20,294$1.66M0.26%−782−3.7%Reduced
Jupiter Asset Management Ltd20,483$1.67M0.02%+15,982+355.1%Added
Morningstar Investment Management LLC21,410$1.75M0.30%−21,992−50.7%Reduced
Cooper Investors Pty Ltd21,600$1.76M0.17%+21,600New
Gsa Capital Partners LLP22,966$1.87M0.23%+22,966New
Louisiana State Employees Retirement System23,300$1.90M0.05%−1,900−7.5%Reduced
Crossmark Global Holdings, Inc.23,436$1.91M0.05%+2,789+13.5%Added
IFM Investors Pty Ltd23,455$1.91M0.03%00.0%Unchanged
Leonteq Securities AG23,760$1.94M0.10%−10,742−31.1%Reduced
Handelsinvest Investeringsforvaltning24,000$1.96M0.31%00.0%Unchanged
Camarda Financial Advisors, LLC25,009$2.04M2.06%+25,009New
Alps Advisors Inc26,824$2.19M0.02%−11,839−30.6%Reduced
Bayesian Capital Management, LP27,000$2.20M0.32%−1,600−5.6%Reduced
Industrial Alliance Investment Management Inc.27,110$2.21M0.06%−2,067−7.1%Reduced
LPL Financial LLC27,599$2.25M0.00%+23,786+623.8%Added
Prospera Financial Services Inc27,777$2.27M0.11%+18,512+199.8%Added
O'Shaughnessy Asset Management, LLC27,888$2.27M0.04%−15−0.1%Reduced
Taika Capital, LP28,100$2.29M1.21%+12,500+80.1%Added
Engineers Gate Manager LP29,155$2.38M0.14%+29,155New
Unigestion Holding SA28,926$2.38M0.13%00.0%Unchanged
Top Ace Asset Management Ltd30,000$2.45M1.80%+30,000New
RBF Capital, LLC30,000$2.45M0.18%+5,000+20.0%Added
Yousif Capital Management, LLC30,234$2.47M0.03%+500+1.7%Added
Daiwa Securities Group Inc.30,804$2.51M0.02%+12,858+71.6%Added
New Silk Road Investment Pte Ltd31,088$2.54M3.80%00.0%Unchanged
American International Group, Inc.32,361$2.64M0.02%−3,577−10.0%Reduced
TD Waterhouse Canada Inc.23,552$2.71M0.03%+138+0.6%Added