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 | $43.4B |
| Q4 2025 | 574 | $49.6B |
| Q3 2025 | 560 | $53.9B |
| Q2 2025 | 537 | $42.9B |
| Q1 2025 | 584 | $49.1B |
| Q4 2024 | 587 | $39.5B |
| Q3 2024 | 602 | $55.8B |
| Q2 2024 | 646 | $57.6B |
| Q1 2024 | 577 | $44.2B |
| Q4 2023 | 584 | $55.8B |
| Q3 2023 | 473 | $35.8B |
| Q2 2023 | 452 | $23.2B |
| Q1 2023 | 468 | $25.9B |
| Q4 2022 | 451 | $26.5B |
| Q3 2022 | 411 | $19.2B |
| Q2 2022 | 394 | $17.7B |
| Q1 2022 | 353 | $11.0B |
| Q4 2021 | 362 | $15.7B |
| Q3 2021 | 396 | $24.7B |
| Q2 2021 | 415 | $31.8B |
| Q1 2021 | 442 | $31.9B |
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 |
|---|---|---|---|---|---|
| Northern Trust Corp | 1,694,927 | $138.2M | 0.03% | −9,568−0.6% | Reduced |
| Principal Financial Group Inc | 1,752,270 | $142.9M | 0.11% | +692,878+65.4% | Added |
| Veritas Asset Management LLP | 1,761,000 | $143.6M | 1.18% | +1,761,000 | New |
| Fullerton Fund Management Co Ltd. | 1,804,119 | $147.1M | 10.96% | +939,649+108.7% | Added |
| Deutsche Bank AG | 1,831,729 | $149.4M | 0.09% | +512,939+38.9% | Added |
| Arrowstreet Capital, Limited Partnership | 1,841,473 | $150.2M | 0.21% | −2,104,319−53.3% | Reduced |
| UBS Group AG | 1,864,616 | $152.1M | 0.07% | +783,389+72.5% | Added |
| Bank of America Corp | 1,874,676 | $152.9M | 0.02% | +917,764+95.9% | Added |
| CoreView Capital Management Ltd | 1,962,451 | $160.0M | 24.60% | +1,962,451 | New |
| Nuveen Asset Management, LLC | 1,972,445 | $160.9M | 0.06% | −146,883−6.9% | Reduced |
| Fisher Asset Management, LLC | 1,982,391 | $161.7M | 0.11% | −415,105−17.3% | Reduced |
| Genesis Investment Management, LLP | 2,141,409 | $174.6M | 19.50% | +280,883+15.1% | Added |
| Invesco Ltd. | 2,174,914 | $177.4M | 0.05% | −421,781−16.2% | Reduced |
| Vontobel Holding Ltd. | 2,343,844 | $191.1M | 1.93% | +2,295,126+4,711.0% | Added |
| Matthews International Capital Management LLC | 2,386,948 | $194.7M | 23.01% | −239,555−9.1% | Reduced |
| BNP Paribas Arbitrage, SA | 2,626,278 | $214.2M | 0.54% | +2,626,278 | New |
| Geode Capital Management, LLC | 2,665,060 | $216.4M | 0.03% | +34,162+1.3% | Added |
| Tairen Capital Ltd | 2,659,134 | $216.9M | 25.29% | +1,615,270+154.7% | Added |
| Temasek Holdings (Private) Ltd | 2,716,081 | $221.5M | 1.29% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 2,845,009 | $232.0M | 0.10% | +2,771,693+3,780.5% | Added |
| Marshall Wace, LLP | 2,883,497 | $235.1M | 0.61% | −615,858−17.6% | Reduced |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 2,903,800 | $236.8M | 5.00% | +891,900+44.3% | Added |
| Robeco Institutional Asset Management B.V. | 3,002,831 | $244.9M | 0.71% | +3,002,831 | New |
| SC US (TTGP), Ltd. | 3,185,022 | $259.7M | 3.43% | −314,978−9.0% | Reduced |
| Renaissance Technologies LLC | 3,360,100 | $274.0M | 0.37% | +2,039,200+154.4% | Added |
| RWC Asset Advisors (US) LLC | 3,434,782 | $280.1M | 24.38% | −395,937−10.3% | Reduced |
| Price T Rowe Associates Inc | 3,494,173 | $284.9M | 0.05% | −606,115−14.8% | Reduced |
| E Fund Management Co., Ltd. | 3,634,894 | $296.4M | 24.68% | −32,968−0.9% | Reduced |
| Barclays PLC | 3,636,383 | $296.5M | 0.26% | +452,682+14.2% | Added |
| Bridgewater Associates, LP | 3,645,830 | $297.3M | 1.62% | −1,420,710−28.0% | Reduced |
| Legal & General Group Plc | 3,655,395 | $298.1M | 0.11% | −175,216−4.6% | Reduced |
| Canada Pension Plan Investment Board | 4,051,506 | $330.4M | 0.59% | −994,200−19.7% | Reduced |
| Trivest Advisors Ltd | 4,427,900 | $361.1M | 43.80% | +3,536,400+396.7% | Added |
| FIL Ltd | 4,495,031 | $366.6M | 0.44% | +1,475,231+48.9% | Added |
| HSBC Holdings PLC | 4,774,826 | $389.5M | 0.48% | −2,208,466−31.6% | Reduced |
| Krane Funds Advisors LLC | 4,811,551 | $392.4M | 16.03% | −265,116−5.2% | Reduced |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 5,578,552 | $454.9M | 27.92% | +2,337,492+72.1% | Added |
| D. E. Shaw & Co., Inc. | 5,739,201 | $468.0M | 0.79% | +4,382,386+323.0% | Added |
| JPMorgan Chase & Co | 6,073,920 | $495.3M | 0.07% | +1,892,100+45.2% | Added |
| Norges Bank | 6,144,558 | $501.1M | 0.12% | −303,918−4.7% | Reduced |
| UBS Asset Management Americas Inc | 6,596,321 | $537.9M | 0.28% | +1,078,549+19.5% | Added |
| Morgan Stanley | 7,081,371 | $577.5M | 0.07% | +547,927+8.4% | Added |
| Goldman Sachs Group Inc | 8,201,888 | $668.9M | 0.19% | +2,326,900+39.6% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 8,323,944 | $678.8M | 98.63% | 00.0% | Unchanged |
| State Street Corp | 10,988,548 | $896.1M | 0.05% | +668,498+6.5% | Added |
| FMR LLC | 14,129,313 | $1.15B | 0.11% | −4,726,482−25.1% | Reduced |
| Vanguard Group Inc | 14,779,624 | $1.21B | 0.03% | +135,982+0.9% | Added |
| BlackRock Inc. | 25,708,474 | $2.10B | 0.07% | +2,399,072+10.3% | Added |
| Baillie Gifford & Co | 28,625,980 | $2.33B | 2.43% | +415,139+1.5% | Added |
| Abeille Asset Management SA | 3,470 | – | – | +3,470 | New |
| Taikang Asset Management (Hong Kong) Co Ltd | 93,326 | – | – | −193,434−67.5% | Reduced |
| GQG Partners LLC | 0 | $0 | 0.00% | −5,208,954−100.0% | Sold out |
| Banco Santander, S.A. | 0 | $0 | 0.00% | −2,450,000−100.0% | Sold out |
| Altimeter Capital Management, LPSuperinvestorAltimeter Capital | 0 | $0 | 0.00% | −1,100,000−100.0% | Sold out |
| Aspex Management (HK) Ltd | 0 | $0 | 0.00% | −1,000,000−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −910,184−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −644,766−100.0% | Sold out |
| J. Goldman & Co LP | 0 | $0 | 0.00% | −200,015−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −187,232−100.0% | Sold out |
| Oxbow Capital Management (HK) Ltd | 0 | $0 | 0.00% | −143,328−100.0% | Sold out |
| MayTech Global Investments, LLC | 0 | $0 | 0.00% | −131,168−100.0% | Sold out |
| Hershey Trust Co | 0 | $0 | 0.00% | −125,248−100.0% | Sold out |
| Adams Street Partners LLC | 0 | $0 | 0.00% | −100,926−100.0% | Sold out |
| One01 Capital, LP | 0 | $0 | 0.00% | −95,142−100.0% | Sold out |
| Indus Capital Partners, LLC | 0 | $0 | 0.00% | −85,448−100.0% | Sold out |
| Mass Ave Global Inc. | 0 | $0 | 0.00% | −75,691−100.0% | Sold out |
| Stifel Financial Corp | 0 | $0 | 0.00% | −43,924−100.0% | Sold out |
| Kadensa Capital Ltd | 0 | $0 | 0.00% | −40,956−100.0% | Sold out |
| Cutler Group LP | 0 | $0 | 0.00% | −29,109−100.0% | Sold out |
| Qalhat Capital Ltd | 0 | $0 | 0.00% | −21,322−100.0% | Sold out |
| CMT Capital Markets Trading GmbH | 0 | $0 | 0.00% | −20,977−100.0% | Sold out |
| Oasis Management Co Ltd. | 0 | $0 | 0.00% | −20,700−100.0% | Sold out |
| UBS Oconnor LLC | 0 | $0 | 0.00% | −20,662−100.0% | Sold out |
| Carmignac Gestion | 0 | $0 | 0.00% | −19,624−100.0% | Sold out |
| HAP Trading, LLC | 0 | $0 | 0.00% | −16,457−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −12,696−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −11,825−100.0% | Sold out |
| Enlightenment Research, LLC | 0 | $0 | 0.00% | −11,200−100.0% | Sold out |
| Patriot Financial Group Insurance Agency, LLC | 0 | $0 | 0.00% | −7,524−100.0% | Sold out |
| Marathon Trading Investment Management LLC | 0 | $0 | 0.00% | −7,487−100.0% | Sold out |
| Monetta Financial Services Inc | 0 | $0 | 0.00% | −6,000−100.0% | Sold out |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 0 | $0 | 0.00% | −5,747−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −5,586−100.0% | Sold out |
| Boston Partners | 0 | $0 | 0.00% | −61,916−100.0% | Sold out |
| Caxton Associates LP | 0 | $0 | 0.00% | −5,107−100.0% | Sold out |
| Scotia Capital Inc. | 0 | $0 | 0.00% | −4,079−100.0% | Sold out |
| qPULA Trading Management LP | 0 | $0 | 0.00% | −3,978−100.0% | Sold out |
| Capital Group Private Client Services, Inc. | 0 | $0 | 0.00% | −3,714−100.0% | Sold out |
| XR Securities LLC | 0 | $0 | 0.00% | −3,202−100.0% | Sold out |
| Counterpoint Mutual Funds LLC | 0 | $0 | 0.00% | −1,707−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −1,058−100.0% | Sold out |
| Harel Insurance Investments & Financial Services Ltd. | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Smithfield Trust Co | 0 | $0 | 0.00% | −101−100.0% | Sold out |
| Professional Financial Advisors, LLC | 0 | $0 | 0.00% | −33−100.0% | Sold out |
| Abound Wealth Management | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| AlphaMark Advisors, LLC | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Community Bank, N.A. | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| Morton Brown Family Wealth, LLC | 0 | $0 | 0.00% | −12−100.0% | Sold out |
| Asset Dedication, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Ellis Investment Partners, LLC | 0 | $0 | 0.00% | −10−100.0% | Sold out |