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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
USS Investment Management Ltd462,994$37.8M0.54%00.0%Unchanged
Harvest Fund Management Co., Ltd455,732$37.1M9.57%+106,024+30.3%Added
Penserra Capital Management LLC453,081$36.9M0.81%−184,253−28.9%Reduced
Point72 Hong Kong Ltd451,361$36.8M12.07%+353,093+359.3%Added
ProShare Advisors LLC445,083$36.3M0.13%−66,130−12.9%Reduced
Point72 Asset Management, L.P.436,343$35.6M0.13%+375,093+612.4%Added
Teacher Retirement System of Texas434,124$35.4M0.26%+201,788+86.9%Added
KBC Group NV429,199$35.0M0.17%+88,141+25.8%Added
Citigroup Inc424,396$34.6M0.05%+72,132+20.5%Added
E Fund Management (Hong Kong) Co., Ltd.415,917$33.9M28.83%+63,712+18.1%Added
Blue Creek Capital Management Ltd415,000$33.8M27.02%+415,000New
CloudAlpha Capital Management Limited/Hong Kong414,000$33.8M16.83%+414,000New
Kora Management LP408,750$33.3M10.59%−136,250−25.0%Reduced
Dimensional Fund Advisors LP408,118$33.3M0.01%+3,218+0.8%Added
SG Americas Securities, LLC403,790$32.9M0.49%+377,734+1,449.7%Added
Voloridge Investment Management, LLC402,627$32.8M0.18%+346,850+621.9%Added
Korea Investment CORP392,787$32.0M0.10%−23,023−5.5%Reduced
DekaBank Deutsche Girozentrale388,491$30.7M0.08%+336,514+647.4%Added
Lazard Asset Management LLC364,046$29.7M0.04%+17,840+5.2%Added
Axiom Investors LLC360,830$29.4M0.58%−6,570−1.8%Reduced
Swedbank AB360,215$29.4M0.06%+116,400+47.7%Added
Library Research Ltd357,302$29.1M38.53%00.0%Unchanged
Schroder Investment Management Group352,840$28.8M0.05%−960,173−73.1%Reduced
Jane Street Group, LLC319,029$26.0M0.05%−92,073−22.4%Reduced
AXA S.A.316,552$25.8M0.09%+36,479+13.0%Added
Franklin Resources Inc312,640$25.5M0.01%+65,628+26.6%Added
Connor, Clark & Lunn Investment Management Ltd.300,472$24.5M0.14%+17,945+6.4%Added
IvyRock Asset Management (HK) Ltd296,136$24.1M13.52%+166,736+128.9%Added
Aviva PLC295,515$24.1M0.12%+20,700+7.5%Added
MY.Alpha Management HK Advisors Ltd295,979$24.0M8.19%−119,195−28.7%Reduced
Citadel Advisors LLC291,031$23.7M0.03%+273,600+1,569.6%Added
Public Sector Pension Investment Board287,374$23.4M0.19%−88,549−23.6%Reduced
Oversea-Chinese Banking CORP Ltd275,937$22.5M1.30%+275,937New
Pinebridge Investments, L.P.267,323$21.8M0.26%−232,937−46.6%Reduced
Cubist Systematic Strategies, LLC255,299$20.8M0.18%+1,482+0.6%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.238,402$20.2M0.05%+24,365+11.4%Added
Storebrand Asset Management AS238,323$19.4M0.11%+12,183+5.4%Added
Alberta Investment Management Corp236,785$19.3M0.17%−133,215−36.0%Reduced
Prudential Financial Inc232,734$19.0M0.03%−51,134−18.0%Reduced
Driehaus Capital Management LLC227,202$18.5M0.28%−511,259−69.2%Reduced
Candriam Luxembourg S.C.A.224,000$18.3M0.12%+164,000+273.3%Added
Moore Capital Management, LP221,403$18.1M0.51%+221,403New
Wellington Management Group LLP217,431$17.7M0.00%+129,634+147.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)214,587$17.5M0.09%+7,918+3.8%Added
American Century Companies Inc213,739$17.4M0.01%+107,636+101.4%Added
Standard Life Aberdeen plc209,432$17.1M0.05%+55,835+36.4%Added
Putnam Investments LLC209,422$17.1M0.03%+209,422New
Aubrey Capital Management Ltd207,600$16.9M13.56%00.0%Unchanged
Janus Henderson Group PLC205,227$16.7M0.01%+205,227New
British Columbia Investment Management Corp205,000$16.7M0.18%−900−0.4%Reduced
Capital Fund Management S.A.204,509$16.7M0.37%+204,509New
Twinbeech Capital LP202,471$16.5M0.31%+202,471New
Sequoia China Equity Partners (Hong Kong) Ltd200,000$16.3M4.08%00.0%Unchanged
National Bank of Canada197,605$16.1M0.04%−692,734−77.8%Reduced
Asset Management One Co.,Ltd.184,382$15.2M0.07%−60,859−24.8%Reduced
Trexquant Investment LP168,980$13.8M0.39%+31,587+23.0%Added
Allianz Asset Management GmbH167,944$13.7M0.03%+37,774+29.0%Added
Massachusetts Financial Services Co165,535$13.5M0.00%+53,824+48.2%Added
Growth Interface Management LLC165,000$13.5M16.05%+5,000+3.1%Added
Toroso Investments, LLC162,492$13.3M0.51%+158,335+3,808.9%Added
Andra AP-fonden160,800$13.1M0.40%+15,600+10.7%Added
Artisan Partners Limited Partnership157,870$12.9M0.02%+9,608+6.5%Added
La Financiere de L'Echiquier155,000$12.6M0.80%−42,000−21.3%Reduced
Snow Lake Capital (HK) Ltd150,000$12.2M5.99%+150,000New
Hel Ved Capital Management Ltd146,677$12.0M7.70%−11,023−7.0%Reduced
Macquarie Group Ltd143,846$11.7M0.01%+7,323+5.4%Added
Schonfeld Strategic Advisors LLC139,400$11.4M0.09%+14,200+11.3%Added
TB Alternative Assets Ltd.139,400$11.4M4.09%+90,400+184.5%Added
La Banque Postale Asset Management SA139,361$11.4M0.33%+139,361New
Squarepoint Ops LLC138,189$11.3M0.08%+43,402+45.8%Added
Strategic Vision Investment Ltd134,000$10.9M7.14%+134,000New
California State Teachers Retirement System133,074$10.9M0.02%+9,061+7.3%Added
Nordea Investment Management AB133,705$10.9M0.02%−522,228−79.6%Reduced
China Universal Asset Management Co., Ltd.131,240$10.7M4.30%+30,904+30.8%Added
Millennium Management LLC130,218$10.6M0.01%−267,754−67.3%Reduced
New York State Common Retirement Fund127,752$10.4M0.01%−18,600−12.7%Reduced
McKinley Capital Management LLC /Delaware127,260$10.4M1.39%+83,786+192.7%Added
State of New Jersey Common Pension Fund D125,039$10.2M0.04%−41,034−24.7%Reduced
Assenagon Asset Management S.A.124,542$10.2M0.04%−3,462,755−96.5%Reduced
Scge Management, L.P.122,818$10.0M0.35%+122,818New
Nikko Asset Management Americas, Inc.115,320$9.41M0.14%−77,800−40.3%Reduced
Old Well Partners, LLC113,100$9.22M7.98%−54,100−32.4%Reduced
Group One Trading, L.P.110,249$8.99M0.30%+89,985+444.1%Added
M&G Investment Management Ltd109,044$8.94M0.07%+26,588+32.2%Added
Aigen Investment Management, LP109,626$8.94M1.26%+109,626New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.107,500$8.77M0.03%+107,500New
Thomas White International Ltd101,391$8.27M1.82%−22,163−17.9%Reduced
Keywise Capital Management (HK) Ltd100,850$8.22M2.90%−72,050−41.7%Reduced
Panagora Asset Management Inc98,155$8.00M0.05%+12,574+14.7%Added
Los Angeles Capital Management LLC98,091$8.00M0.04%+50,070+104.3%Added
Caisse de Depot Et Placement du Quebec97,541$7.95M0.02%−88,100−47.5%Reduced
National Pension Service90,940$7.42M0.01%+5,389+6.3%Added
Edmond de Rothschild Holding S.A.90,174$7.35M0.17%−15,120−14.4%Reduced
Graticule Asia Macro Advisors LLC89,490$7.30M2.66%+44,240+97.8%Added
Royal Bank of Canada86,584$7.06M0.00%+56,633+189.1%Added
PEAK6 Investments LLC86,286$7.04M0.39%+481+0.6%Added
Acadian Asset Management LLC86,282$7.04M0.03%00.0%Unchanged
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main85,461$6.97M0.01%+21,512+33.6%Added
Orland Properties Ltd85,000$6.93M3.69%+85,000New
Point72 Middle East FZE82,601$6.74M0.52%+82,601New