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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
Janus Henderson Group PLC205,227$16.7M0.01%+205,227New
Aubrey Capital Management Ltd207,600$16.9M13.56%00.0%Unchanged
Putnam Investments LLC209,422$17.1M0.03%+209,422New
Standard Life Aberdeen plc209,432$17.1M0.05%+55,835+36.4%Added
American Century Companies Inc213,739$17.4M0.01%+107,636+101.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)214,587$17.5M0.09%+7,918+3.8%Added
Wellington Management Group LLP217,431$17.7M0.00%+129,634+147.7%Added
Moore Capital Management, LP221,403$18.1M0.51%+221,403New
Candriam Luxembourg S.C.A.224,000$18.3M0.12%+164,000+273.3%Added
Driehaus Capital Management LLC227,202$18.5M0.28%−511,259−69.2%Reduced
Prudential Financial Inc232,734$19.0M0.03%−51,134−18.0%Reduced
Alberta Investment Management Corp236,785$19.3M0.17%−133,215−36.0%Reduced
Storebrand Asset Management AS238,323$19.4M0.11%+12,183+5.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.238,402$20.2M0.05%+24,365+11.4%Added
Cubist Systematic Strategies, LLC255,299$20.8M0.18%+1,482+0.6%Added
Pinebridge Investments, L.P.267,323$21.8M0.26%−232,937−46.6%Reduced
Oversea-Chinese Banking CORP Ltd275,937$22.5M1.30%+275,937New
Public Sector Pension Investment Board287,374$23.4M0.19%−88,549−23.6%Reduced
Citadel Advisors LLC291,031$23.7M0.03%+273,600+1,569.6%Added
MY.Alpha Management HK Advisors Ltd295,979$24.0M8.19%−119,195−28.7%Reduced
Aviva PLC295,515$24.1M0.12%+20,700+7.5%Added
IvyRock Asset Management (HK) Ltd296,136$24.1M13.52%+166,736+128.9%Added
Connor, Clark & Lunn Investment Management Ltd.300,472$24.5M0.14%+17,945+6.4%Added
Franklin Resources Inc312,640$25.5M0.01%+65,628+26.6%Added
AXA S.A.316,552$25.8M0.09%+36,479+13.0%Added
Jane Street Group, LLC319,029$26.0M0.05%−92,073−22.4%Reduced
Schroder Investment Management Group352,840$28.8M0.05%−960,173−73.1%Reduced
Library Research Ltd357,302$29.1M38.53%00.0%Unchanged
Swedbank AB360,215$29.4M0.06%+116,400+47.7%Added
Axiom Investors LLC360,830$29.4M0.58%−6,570−1.8%Reduced
Lazard Asset Management LLC364,046$29.7M0.04%+17,840+5.2%Added
DekaBank Deutsche Girozentrale388,491$30.7M0.08%+336,514+647.4%Added
Korea Investment CORP392,787$32.0M0.10%−23,023−5.5%Reduced
Voloridge Investment Management, LLC402,627$32.8M0.18%+346,850+621.9%Added
SG Americas Securities, LLC403,790$32.9M0.49%+377,734+1,449.7%Added
Dimensional Fund Advisors LP408,118$33.3M0.01%+3,218+0.8%Added
Kora Management LP408,750$33.3M10.59%−136,250−25.0%Reduced
CloudAlpha Capital Management Limited/Hong Kong414,000$33.8M16.83%+414,000New
Blue Creek Capital Management Ltd415,000$33.8M27.02%+415,000New
E Fund Management (Hong Kong) Co., Ltd.415,917$33.9M28.83%+63,712+18.1%Added
Citigroup Inc424,396$34.6M0.05%+72,132+20.5%Added
KBC Group NV429,199$35.0M0.17%+88,141+25.8%Added
Teacher Retirement System of Texas434,124$35.4M0.26%+201,788+86.9%Added
Point72 Asset Management, L.P.436,343$35.6M0.13%+375,093+612.4%Added
ProShare Advisors LLC445,083$36.3M0.13%−66,130−12.9%Reduced
Point72 Hong Kong Ltd451,361$36.8M12.07%+353,093+359.3%Added
Penserra Capital Management LLC453,081$36.9M0.81%−184,253−28.9%Reduced
Harvest Fund Management Co., Ltd455,732$37.1M9.57%+106,024+30.3%Added
USS Investment Management Ltd462,994$37.8M0.54%00.0%Unchanged
Fred Alger Management, LLC470,494$38.4M0.21%+236,332+100.9%Added
Barings LLC481,762$39.3M1.39%+481,762New
Charles Schwab Investment Management Inc517,026$42.2M0.01%+6,555+1.3%Added
Nomura Holdings Inc524,166$42.7M0.44%+492,590+1,560.0%Added
Handelsbanken Fonder AB560,161$45.7M0.29%−234,592−29.5%Reduced
Jennison Associates LLC568,607$46.4M0.05%+52,569+10.2%Added
Qube Research & Technologies Ltd586,833$47.9M0.29%+413,909+239.4%Added
Coatue Management LLCSuperinvestorCoatue Management647,141$52.8M0.59%+281,244+76.9%Added
Keystone Investors Pte Ltd650,279$53.0M25.36%+650,279New
Whale Rock Capital Management LLC661,858$54.0M1.81%+141,903+27.3%Added
Great West Life Assurance Co718,121$58.7M0.15%+9,739+1.4%Added
Lord, Abbett & Co. LLC724,689$59.1M0.21%+724,689New
Prudential PLC730,703$59.6M0.75%+377,777+107.0%Added
First Manhattan Co733,340$59.8M0.22%−399,910−35.3%Reduced
AQR Capital Management LLC734,441$59.9M0.14%+13,583+1.9%Added
Manufacturers Life Insurance Company, The732,526$60.0M0.04%−16,183−2.2%Reduced
Susquehanna Fundamental Investments, LLC764,885$62.4M1.08%+654,256+591.4%Added
Quadrature Capital Ltd772,940$63.1M1.87%+636,455+466.3%Added
Victory Capital Management Inc791,697$64.6M0.07%+107,219+15.7%Added
Origin Asset Management LLP801,547$65.4M19.12%+117,290+17.1%Added
Mitsubishi UFJ Trust & Banking Corp811,868$66.2M0.17%−33,288−3.9%Reduced
Causeway Capital Management LLC813,151$66.3M1.93%+311,839+62.2%Added
FengHe Fund Management Pte. Ltd.815,000$66.5M8.99%+648,500+389.5%Added
California Public Employees Retirement System817,795$66.7M0.06%−2,034−0.2%Reduced
Oceanlink Management Ltd.836,844$68.2M14.49%+196,784+30.7%Added
Sylebra Capital Ltd906,722$73.9M4.17%+176,540+24.2%Added
Man Group plc908,774$74.1M0.27%+55,027+6.4%Added
Coronation Fund Managers Ltd.910,158$74.2M2.06%+463,651+103.8%Added
1832 Asset Management L.P.933,800$76.2M0.16%−708,700−43.1%Reduced
Credit Suisse AG934,242$76.2M0.08%−454,543−32.7%Reduced
Two Sigma Advisers, LP944,100$77.0M0.21%−608,200−39.2%Reduced
Pinpoint Asset Management Ltd944,210$77.0M18.93%+555,637+143.0%Added
Ameriprise Financial Inc959,867$78.3M0.03%+138,673+16.9%Added
First Trust Advisors LP994,405$81.1M0.10%+316,375+46.7%Added
Perseverance Asset Management International1,026,120$83.7M37.54%+252,386+32.6%Added
RWC Asset Management LLP1,060,562$86.5M2.72%−175,960−14.2%Reduced
WT Asset Management Ltd1,062,289$86.6M34.69%−75,486−6.6%Reduced
APG Asset Management N.V.1,069,328$87.2M0.17%+210,600+24.5%Added
Wolverine Trading, LLC1,122,700$91.6M1.56%+1,122,700New
Two Sigma Investments, LP1,183,463$96.5M0.31%−925,652−43.9%Reduced
Russell Investments Group, Ltd.1,209,755$98.7M0.20%−105,078−8.0%Reduced
Alkeon Capital Management LLC1,280,000$104.4M0.78%+207,228+19.3%Added
Bank of New York Mellon Corp1,311,076$106.9M0.02%−60,740−4.4%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,346,096$109.8M0.09%−89,143−6.2%Reduced
Pictet Asset Management SA1,346,661$109.8M0.16%+441,221+48.7%Added
Cederberg Capital Ltd1,361,500$111.0M36.89%00.0%Unchanged
Swiss National Bank1,366,995$111.5M0.08%−2,200−0.2%Reduced
Mirae Asset Global Investments Co., Ltd.1,520,667$124.0M0.32%+526,624+53.0%Added
Public Investment Fund1,539,393$125.5M0.41%00.0%Unchanged
SC China Holding Ltd1,592,510$129.9M13.16%−157,489−9.0%Reduced
Franchise Capital Ltd1,633,113$133.2M40.84%+1,896+0.1%Added