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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
Gulf International Bank (UK) Ltd82,600$6.74M0.12%00.0%Unchanged
AlpInvest Partners B.V.82,597$6.74M1.82%00.0%Unchanged
Mane Global Capital Management LP77,500$6.32M1.56%−149,932−65.9%Reduced
Kames Capital plc76,600$6.25M0.11%00.0%Unchanged
Calixto Global Investors, LP75,000$6.12M9.07%+75,000New
Guggenheim Capital LLC74,476$6.07M0.05%−11,113−13.0%Reduced
Qtron Investments LLC74,409$6.07M1.27%+6,591+9.7%Added
Twenty Acre Capital LP74,400$6.07M7.37%−7,700−9.4%Reduced
Shell Asset Management Co72,570$5.92M0.26%−10,167−12.3%Reduced
Banque Cantonale Vaudoise72,179$5.89M0.31%+320.0%Added
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH72,188$5.89M0.32%+6,849+10.5%Added
Liontrust Investment Partners LLP71,000$5.79M0.10%−19,000−21.1%Reduced
Voya Investment Management LLC70,853$5.78M0.01%+7,073+11.1%Added
Nomura Asset Management Co Ltd70,213$5.73M0.03%+4,102+6.2%Added
Susquehanna International Group, LLP70,151$5.72M0.01%−3,628,022−98.1%Reduced
Beck Bode, LLC70,134$5.72M1.29%+70,134New
ExodusPoint Capital Management, LP68,792$5.61M0.09%+33,850+96.9%Added
Thrivent Financial for Lutherans64,003$5.22M0.01%−445−0.7%Reduced
BI Asset Management Fondsmaeglerselskab A/S63,265$5.16M0.14%+30,500+93.1%Added
CIBC Asset Management Inc62,622$5.11M0.02%−497−0.8%Reduced
DuPont Capital Management Corp60,873$4.96M0.24%+16,773+38.0%Added
SEI Investments Co59,071$4.82M0.01%−35,020−37.2%Reduced
Woodline Partners LP58,321$4.76M0.07%+58,321New
Virginia Retirement Systems Et Al56,500$4.61M0.05%+28,500+101.8%Added
Optimas Capital Ltd56,421$4.60M4.50%+40,121+246.1%Added
Rock Creek Group, LP53,700$4.38M0.53%00.0%Unchanged
Commonwealth Equity Services, LLC51,944$4.24M0.01%+8,476+19.5%Added
TT International Asset Management LTD51,464$4.20M0.41%−94,269−64.7%Reduced
Rafferty Asset Management, LLC51,124$4.17M0.03%−51,361−50.1%Reduced
Profund Advisors LLC50,779$4.14M0.27%+811+1.6%Added
Two Sigma Securities, LLC48,430$3.95M0.56%+35,100+263.3%Added
Seldon Capital LP48,226$3.93M3.40%+48,226New
B. Metzler seel. Sohn & Co. AG48,194$3.93M0.07%+29,029+151.5%Added
Old Mission Capital LLC47,791$3.90M0.17%+47,791New
CIBC World Markets Inc.47,158$3.85M0.02%+30,542+183.8%Added
ING Groep NV42,294$3.45M0.03%+6,101+16.9%Added
Maxi Investments CY Ltd41,485$3.38M3.20%00.0%Unchanged
Quaero Capital S.A.41,470$3.38M2.34%+41,470New
Shelton Capital Management38,481$3.14M0.33%00.0%Unchanged
Jessup Wealth Management, Inc38,253$3.12M1.98%+38,253New
Eschler Asset Management LLP38,126$3.11M5.89%−46,800−55.1%Reduced
Granite Point Capital Management, L.P.37,000$3.02M3.64%+37,000New
Ensign Peak Advisors, Inc36,450$2.97M0.01%+100+0.3%Added
Envestnet Asset Management Inc35,387$2.89M0.00%+4,194+13.4%Added
Comerica Bank30,288$2.87M0.02%+451+1.5%Added
Oberweis Asset Management Inc35,000$2.85M0.61%00.0%Unchanged
Nishkama Capital, LLC35,000$2.85M0.96%+35,000New
Baader Bank INC34,800$2.84M0.26%+7,000+25.2%Added
Neuberger Berman Group LLC33,834$2.76M0.00%+17,504+107.2%Added
TD Waterhouse Canada Inc.23,552$2.71M0.03%+138+0.6%Added
American International Group, Inc.32,361$2.64M0.02%−3,577−10.0%Reduced
New Silk Road Investment Pte Ltd31,088$2.54M3.80%00.0%Unchanged
Daiwa Securities Group Inc.30,804$2.51M0.02%+12,858+71.6%Added
Yousif Capital Management, LLC30,234$2.47M0.03%+500+1.7%Added
RBF Capital, LLC30,000$2.45M0.18%+5,000+20.0%Added
Top Ace Asset Management Ltd30,000$2.45M1.80%+30,000New
Unigestion Holding SA28,926$2.38M0.13%00.0%Unchanged
Engineers Gate Manager LP29,155$2.38M0.14%+29,155New
Taika Capital, LP28,100$2.29M1.21%+12,500+80.1%Added
O'Shaughnessy Asset Management, LLC27,888$2.27M0.04%−15−0.1%Reduced
Prospera Financial Services Inc27,777$2.27M0.11%+18,512+199.8%Added
LPL Financial LLC27,599$2.25M0.00%+23,786+623.8%Added
Industrial Alliance Investment Management Inc.27,110$2.21M0.06%−2,067−7.1%Reduced
Bayesian Capital Management, LP27,000$2.20M0.32%−1,600−5.6%Reduced
Alps Advisors Inc26,824$2.19M0.02%−11,839−30.6%Reduced
Camarda Financial Advisors, LLC25,009$2.04M2.06%+25,009New
Handelsinvest Investeringsforvaltning24,000$1.96M0.31%00.0%Unchanged
Leonteq Securities AG23,760$1.94M0.10%−10,742−31.1%Reduced
IFM Investors Pty Ltd23,455$1.91M0.03%00.0%Unchanged
Crossmark Global Holdings, Inc.23,436$1.91M0.05%+2,789+13.5%Added
Louisiana State Employees Retirement System23,300$1.90M0.05%−1,900−7.5%Reduced
Gsa Capital Partners LLP22,966$1.87M0.23%+22,966New
Cooper Investors Pty Ltd21,600$1.76M0.17%+21,600New
Morningstar Investment Management LLC21,410$1.75M0.30%−21,992−50.7%Reduced
Jupiter Asset Management Ltd20,483$1.67M0.02%+15,982+355.1%Added
Desjardins Global Asset Management Inc.20,294$1.66M0.26%−782−3.7%Reduced
Vident Investment Advisory, LLC20,197$1.65M0.06%+20,197New
Tudor Investment Corp Et Al20,056$1.64M0.04%−2,025−9.2%Reduced
Chimera Capital Management LLC19,996$1.63M0.46%+19,996New
Y-Intercept (Hong Kong) Ltd19,584$1.60M0.24%+19,584New
Seven Eight Capital, LP19,526$1.59M0.42%+19,526New
Harvest Volatility Management LLC19,385$1.58M0.32%−5,030−20.6%Reduced
Partners Capital Investment Group, LLP19,330$1.58M0.08%−11,170−36.6%Reduced
Prelude Capital Management, LLC18,667$1.52M0.09%−21,587−53.6%Reduced
Dai-Ichi Life Insurance Company, Ltd18,633$1.52M0.04%−6,044−24.5%Reduced
Lombard Odier Asset Management (Switzerland) SA18,220$1.49M0.12%+6,601+56.8%Added
TD Asset Management Inc18,200$1.48M0.00%−1,700−8.5%Reduced
Parametrica Management Ltd17,975$1.47M3.01%+17,975New
Virtus Investment Advisers, Inc.17,558$1.43M0.95%+6,739+62.3%Added
Knights of Columbus Asset Advisors LLC17,367$1.42M0.15%−6,143−26.1%Reduced
Empowered Funds, LLC17,054$1.39M0.09%+17,054New
Intech Investment Management LLC17,040$1.39M0.01%−2,363−12.2%Reduced
All-Stars Investment Ltd17,000$1.39M0.39%+17,000New
Hidden Lake Asset Management LP16,287$1.33M1.79%−137,663−89.4%Reduced
Advisor Group Holdings, Inc.16,055$1.31M0.00%+1,193+8.0%Added
Eos Management, L.P.14,522$1.18M0.60%+14,522New
Solstein Capital, LLC14,516$1.18M0.99%+13,016+867.7%Added
Sumitomo Mitsui DS Asset Management Company, Ltd14,366$1.17M0.02%+1,900+15.2%Added
TCW Group Inc14,000$1.14M0.02%+2,900+26.1%Added
Colony Group LLC13,970$1.14M0.02%+143+1.0%Added