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, Q1 2023
Institutional positions in PDD Holdings Inc. as of Mar 31, 2023. 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
- 468
- +21 vs. Q4 2022
- Shares held
- 343.7M
- +18.5M (+5.7%) vs. Q4 2022
- Total value
- $25.9B
- −$594.9M (−2.2%) vs. Q4 2022
- New holders
- 87
- 180 more added
- Sold out
- 66
- 158 more reduced
4 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2023
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sawtooth Solutions, LLC | 4,640 | $352.2K | 0.01% | +4,640 | New |
| Mackenzie Financial Corp | 4,679 | $355.1K | 0.00% | −3,420−42.2% | Reduced |
| Cerity Partners LLC | 4,747 | $360.3K | 0.00% | −165−3.4% | Reduced |
| Gsa Capital Partners LLP | 5,066 | $385.0K | 0.04% | −17,900−77.9% | Reduced |
| Campbell & CO Investment Adviser LLC | 5,215 | $395.8K | 0.07% | +5,215 | New |
| Veriti Management LLC | 5,247 | $398.2K | 0.05% | +181+3.6% | Added |
| Cetera Advisor Networks LLC | 5,256 | $398.9K | 0.00% | +5,256 | New |
| Aj Wealth Strategies, LLC | 5,271 | $400.1K | 0.02% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 5,373 | $407.8K | 0.00% | +5,011+1,384.3% | Added |
| CastleKnight Management LP | 5,400 | $409.9K | 0.10% | 00.0% | Unchanged |
| Formula Growth Ltd | 5,500 | $417.4K | 0.13% | +500+10.0% | Added |
| Caxton Associates LP | 5,738 | $435.5K | 0.07% | +5,738 | New |
| Capstone Investment Advisors, LLC | 5,750 | $436.4K | 0.01% | +5,750 | New |
| MML Investors Services, LLC | 5,868 | $445.0K | 0.00% | −14−0.2% | Reduced |
| Whittier Trust Co | 5,877 | $446.1K | 0.01% | +758+14.8% | Added |
| Whittier Trust Co of Nevada Inc | 5,992 | $454.8K | 0.02% | 00.0% | Unchanged |
| 1832 Asset Management L.P. | 6,000 | $455.4K | 0.00% | −927,800−99.4% | Reduced |
| Quadrant Capital Group LLC | 6,073 | $460.9K | 0.05% | +647+11.9% | Added |
| Ieq Capital, LLC | 6,258 | $475.0K | 0.01% | −3,256−34.2% | Reduced |
| Banco BTG Pactual S.A. | 7,556 | $476.5K | 0.22% | +7,556 | New |
| Paragon Capital Management Inc | 6,630 | $503.2K | 0.44% | −1,439−17.8% | Reduced |
| US Bancorp | 6,714 | $509.6K | 0.00% | −253−3.6% | Reduced |
| STF Management LP | 6,749 | $512.2K | 0.35% | +3,610+115.0% | Added |
| Garda Capital Partners LP | 6,930 | $526.0K | 0.46% | +6,930 | New |
| Creative Planning | 6,969 | $528.9K | 0.00% | +2,219+46.7% | Added |
| Jefferies Financial Group Inc. | 7,000 | $531.3K | 0.01% | +7,000 | New |
| CI Private Wealth, LLC | 7,133 | $541.4K | 0.00% | +7,133 | New |
| CIBC World Markets Corp | 7,141 | $542.0K | 0.01% | +7,141 | New |
| Verition Fund Management LLC | 7,303 | $554.3K | 0.01% | −3,592−33.0% | Reduced |
| Mercer Global Advisors Inc | 7,341 | $557.0K | 0.00% | −179−2.4% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 7,500 | $569.3K | 0.09% | +7,500 | New |
| Castleark Management LLC | 7,590 | $576.1K | 0.03% | +1,490+24.4% | Added |
| Norinchukin Bank, The | 7,707 | $585.0K | 0.01% | +1,653+27.3% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 7,798 | $592.0K | 0.00% | −99,702−92.7% | Reduced |
| Mariner, LLC | 7,798 | $592.0K | 0.00% | −1,809−18.8% | Reduced |
| Winton Group Ltd | 7,809 | $592.7K | 0.04% | +964+14.1% | Added |
| Altfest L J & Co Inc | 7,825 | $594.0K | 0.09% | +3,427+77.9% | Added |
| ExodusPoint Capital Management, LP | 7,916 | $601.0K | 0.01% | −60,876−88.5% | Reduced |
| VGI Partners Ltd | 8,000 | $607.2K | 0.12% | +2,500+45.5% | Added |
| Gladstone Institutional Advisory LLC | 8,220 | $623.9K | 0.04% | −473−5.4% | Reduced |
| Malaga Cove Capital, LLC | 8,437 | $640.4K | 0.32% | −7−0.1% | Reduced |
| Cetera Advisors LLC | 8,479 | $643.6K | 0.01% | +8,479 | New |
| Henry James International Management, Inc. | 8,605 | $653.1K | 0.28% | −13−0.2% | Reduced |
| Ritholtz Wealth Management | 8,659 | $657.2K | 0.03% | +1,312+17.9% | Added |
| JustInvest LLC | 8,731 | $662.7K | 0.02% | +351+4.2% | Added |
| Jackson Wealth Management, LLC | 8,751 | $664.2K | 0.50% | +8,751 | New |
| Connectus Wealth, LLC | 8,958 | $679.9K | 0.02% | +6,343+242.6% | Added |
| Siemens Fonds Invest GmbH | 9,084 | $689.5K | 0.07% | 00.0% | Unchanged |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 9,334 | $708.5K | 0.93% | +9,334 | New |
| Cigna Investments Inc | 9,679 | $735.0K | 0.15% | −273−2.7% | Reduced |
| Lynwood Capital Management Inc. | 25,000 | $744.6K | 1.11% | +25,000 | New |
| Shellback Capital, LP | 10,000 | $759.0K | 0.09% | +10,000 | New |
| Stifel Financial Corp | 10,124 | $768.5K | 0.00% | +10,124 | New |
| Raymond James & Associates | 10,148 | $770.2K | 0.00% | +5,411+114.2% | Added |
| Signaturefd, LLC | 10,203 | $774.4K | 0.02% | +19+0.2% | Added |
| Marex Group plc | 10,573 | $802.5K | 0.11% | +4,721+80.7% | Added |
| Advisory Services Network, LLC | 10,891 | $826.6K | 0.02% | −400−3.5% | Reduced |
| Ocean Arete Ltd | 11,000 | $834.9K | 1.53% | +11,000 | New |
| Donaldson Capital Management, LLC | 11,411 | $866.1K | 0.04% | −1,537−11.9% | Reduced |
| Colony Group LLC | 11,524 | $875.0K | 0.01% | −2,446−17.5% | Reduced |
| Capula Management Ltd | 11,778 | $894.0K | 0.08% | +11,778 | New |
| Tower Research Capital LLC (TRC) | 12,030 | $913.0K | 0.03% | +96+0.8% | Added |
| Sicart Associates LLC | 12,617 | $957.6K | 0.37% | +4,200+49.9% | Added |
| Ameritas Investment Partners, Inc. | 12,748 | $967.6K | 0.04% | +2,799+28.1% | Added |
| Brinker Capital Investments, LLC | 13,224 | $1.00M | 0.01% | +6,219+88.8% | Added |
| Orion Portfolio Solutions, LLC | 13,224 | $1.00M | 0.01% | +13,224 | New |
| Wetherby Asset Management Inc | 13,342 | $1.01M | 0.06% | +63+0.5% | Added |
| Capital Markets Trading UK LLP | 13,376 | $1.01M | 2.22% | +13,376 | New |
| L & S Advisors Inc | 13,603 | $1.03M | 0.14% | +13,603 | New |
| CIBC World Markets Inc. | 13,761 | $1.04M | 0.00% | −33,397−70.8% | Reduced |
| Migdal Insurance & Financial Holdings Ltd. | 14,240 | $1.06M | 0.02% | +9,320+189.4% | Added |
| TCW Group Inc | 14,000 | $1.06M | 0.01% | 00.0% | Unchanged |
| Knights of Columbus Asset Advisors LLC | 14,330 | $1.09M | 0.11% | −3,037−17.5% | Reduced |
| Hongkou Capital LP | 14,675 | $1.11M | 3.65% | +14,675 | New |
| Vident Investment Advisory, LLC | 14,951 | $1.13M | 0.04% | −5,246−26.0% | Reduced |
| Aperture Investors, LLC | 15,700 | $1.19M | 0.17% | +4,314+37.9% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 16,425 | $1.25M | 0.03% | −2,208−11.8% | Reduced |
| Empowered Funds, LLC | 16,814 | $1.28M | 0.08% | −240−1.4% | Reduced |
| Commonwealth Equity Services, LLC | 17,007 | $1.29M | 0.00% | −34,937−67.3% | Reduced |
| Janney Montgomery Scott LLC | 17,308 | $1.31M | 0.01% | +17,308 | New |
| Desjardins Global Asset Management Inc. | 17,353 | $1.32M | 0.17% | −2,941−14.5% | Reduced |
| Tekne Capital Management, LLC | 17,891 | $1.36M | 0.37% | +17,891 | New |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 18,082 | $1.37M | 0.02% | +3,716+25.9% | Added |
| TT International Asset Management LTD | 18,729 | $1.42M | 0.16% | −32,735−63.6% | Reduced |
| Baader Bank INC | 19,713 | $1.45M | 0.11% | −15,087−43.4% | Reduced |
| Eos Management, L.P. | 19,266 | $1.46M | 0.77% | +4,744+32.7% | Added |
| Banque Cantonale Vaudoise | 20,186 | $1.53M | 0.08% | −51,993−72.0% | Reduced |
| Morningstar Investment Management LLC | 20,338 | $1.54M | 0.23% | −1,072−5.0% | Reduced |
| Intech Investment Management LLC | 20,721 | $1.57M | 0.01% | +3,681+21.6% | Added |
| Handelsinvest Investeringsforvaltning | 21,126 | $1.60M | 0.26% | −2,874−12.0% | Reduced |
| Harvest Volatility Management LLC | 21,046 | $1.61M | 0.32% | +1,661+8.6% | Added |
| Solstein Capital, LLC | 21,948 | $1.67M | 1.45% | +7,432+51.2% | Added |
| Two Sigma Investments, LP | 22,600 | $1.72M | 0.01% | −1,160,863−98.1% | Reduced |
| XR Securities LLC | 22,831 | $1.73M | 2.45% | +22,831 | New |
| TD Asset Management Inc | 22,900 | $1.74M | 0.00% | +4,700+25.8% | Added |
| Artisan Partners Limited Partnership | 24,148 | $1.83M | 0.00% | −133,722−84.7% | Reduced |
| Itau Unibanco Holding S.A. | 24,552 | $1.86M | 0.09% | +24,552 | New |
| Oberweis Asset Management Inc | 25,000 | $1.90M | 0.29% | −10,000−28.6% | Reduced |
| IFM Investors Pty Ltd | 25,092 | $1.90M | 0.03% | +1,637+7.0% | Added |
| Envestnet Asset Management Inc | 1,089,183 | $1.90M | 0.00% | +1,053,796+2,977.9% | Added |