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 |
|---|---|---|---|---|---|
| Dantai Capital Ltd | 25,300 | $1.92M | 2.33% | +25,300 | New |
| Crossmark Global Holdings, Inc. | 27,036 | $2.05M | 0.05% | +3,600+15.4% | Added |
| O'Shaughnessy Asset Management, LLC | 28,208 | $2.14M | 0.03% | +320+1.1% | Added |
| Top Ace Asset Management Ltd | 28,700 | $2.18M | 11.39% | −1,300−4.3% | Reduced |
| Employees Retirement System of Texas | 28,730 | $2.18M | 0.03% | +28,730 | New |
| Unigestion Holding SA | 28,926 | $2.21M | 0.12% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 29,366 | $2.23M | 0.68% | +29,366 | New |
| Louisiana State Employees Retirement System | 29,600 | $2.25M | 0.06% | +6,300+27.0% | Added |
| RBF Capital, LLC | 30,000 | $2.28M | 0.17% | 00.0% | Unchanged |
| Yousif Capital Management, LLC | 30,134 | $2.29M | 0.03% | −100−0.3% | Reduced |
| Los Angeles Capital Management LLC | 30,555 | $2.32M | 0.01% | −67,536−68.9% | Reduced |
| TD Waterhouse Canada Inc. | 23,127 | $2.33M | 0.02% | −425−1.8% | Reduced |
| Rock Creek Group, LP | 31,276 | $2.37M | 0.31% | −22,424−41.8% | Reduced |
| CenterBook Partners LP | 31,437 | $2.39M | 0.34% | +31,437 | New |
| Abn Amro Investment Solutions | 32,270 | $2.45M | 0.05% | +32,270 | New |
| One01 Capital, LP | 32,700 | $2.48M | 2.95% | +32,700 | New |
| Pacer Advisors, Inc. | 33,738 | $2.56M | 0.01% | +20,253+150.2% | Added |
| Federation des caisses Desjardins du Quebec | 34,243 | $2.60M | 0.03% | +33,663+5,804.0% | Added |
| QVT Financial LP | 34,861 | $2.65M | 0.16% | +34,861 | New |
| Octahedron Capital Management L.P. | 35,700 | $2.71M | 5.81% | +23,950+203.8% | Added |
| Advisor Group Holdings, Inc. | 36,023 | $2.73M | 0.01% | +19,968+124.4% | Added |
| Engineers Gate Manager LP | 36,187 | $2.75M | 0.11% | +7,032+24.1% | Added |
| Alps Advisors Inc | 38,129 | $2.89M | 0.03% | +11,305+42.1% | Added |
| American International Group, Inc. | 38,849 | $2.95M | 0.02% | +6,488+20.0% | Added |
| Prospera Financial Services Inc | 39,892 | $3.03M | 0.12% | +12,115+43.6% | Added |
| Industrial Alliance Investment Management Inc. | 40,884 | $3.10M | 0.09% | +13,774+50.8% | Added |
| Daiwa Securities Group Inc. | 40,912 | $3.10M | 0.02% | +10,108+32.8% | Added |
| Optimas Capital Ltd | 41,200 | $3.13M | 2.62% | −15,221−27.0% | Reduced |
| Maxi Investments CY Ltd | 41,485 | $3.15M | 2.55% | 00.0% | Unchanged |
| Parametrica Management Ltd | 43,375 | $3.29M | 5.94% | +25,400+141.3% | Added |
| China Universal Asset Management Co., Ltd. | 44,360 | $3.37M | 1.14% | −86,880−66.2% | Reduced |
| Northwest & Ethical Investments L.P. | 45,303 | $3.44M | 0.11% | +45,303 | New |
| UBS Oconnor LLC | 46,479 | $3.53M | 0.08% | +46,479 | New |
| Shelton Capital Management | 47,042 | $3.57M | 0.15% | +8,561+22.2% | Added |
| Seldon Capital LP | 48,226 | $3.66M | 3.66% | 00.0% | Unchanged |
| BI Asset Management Fondsmaeglerselskab A/S | 48,676 | $3.69M | 0.10% | −14,589−23.1% | Reduced |
| ING Groep NV | 48,768 | $3.70M | 0.04% | +6,474+15.3% | Added |
| Leonteq Securities AG | 51,149 | $3.88M | 0.36% | +27,389+115.3% | Added |
| IMC-Chicago, LLC | 51,198 | $3.89M | 0.66% | +51,198 | New |
| Ensign Peak Advisors, Inc | 51,350 | $3.90M | 0.01% | +14,900+40.9% | Added |
| Natixis | 53,840 | $4.09M | 0.04% | +50,829+1,688.1% | Added |
| PEAK6 Investments LLC | 55,122 | $4.18M | 0.27% | −31,164−36.1% | Reduced |
| Rafferty Asset Management, LLC | 56,669 | $4.30M | 0.03% | +5,545+10.8% | Added |
| B. Metzler seel. Sohn & Co. AG | 57,480 | $4.36M | 0.07% | +9,286+19.3% | Added |
| Profund Advisors LLC | 57,773 | $4.38M | 0.27% | +6,994+13.8% | Added |
| Qtron Investments LLC | 59,174 | $4.49M | 0.92% | −15,235−20.5% | Reduced |
| Gulf International Bank (UK) Ltd | 61,972 | $4.70M | 0.10% | −20,628−25.0% | Reduced |
| Thrivent Financial for Lutherans | 62,488 | $4.74M | 0.01% | −1,515−2.4% | Reduced |
| Schonfeld Strategic Advisors LLC | 65,100 | $4.94M | 0.05% | −74,300−53.3% | Reduced |
| Cubist Systematic Strategies, LLC | 65,186 | $4.95M | 0.05% | −190,113−74.5% | Reduced |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 69,109 | $5.25M | 0.25% | −3,079−4.3% | Reduced |
| Kames Capital plc | 69,387 | $5.27M | 0.09% | −7,213−9.4% | Reduced |
| La Banque Postale Asset Management SA | 71,449 | $5.42M | 0.14% | −67,912−48.7% | Reduced |
| Twenty Acre Capital LP | 72,400 | $5.50M | 6.27% | −2,000−2.7% | Reduced |
| Shell Asset Management Co | 73,270 | $5.56M | 0.23% | +700+1.0% | Added |
| Hel Ved Capital Management Ltd | 73,464 | $5.58M | 2.97% | −73,213−49.9% | Reduced |
| AlpInvest Partners B.V. | 74,337 | $5.64M | 1.49% | −8,260−10.0% | Reduced |
| Wolverine Asset Management LLC | 75,000 | $5.69M | 0.10% | +75,000 | New |
| Voya Investment Management LLC | 75,368 | $5.72M | 0.01% | +4,515+6.4% | Added |
| Jupiter Asset Management Ltd | 76,215 | $5.78M | 0.08% | +55,732+272.1% | Added |
| CIBC Asset Management Inc | 76,287 | $5.79M | 0.02% | +13,665+21.8% | Added |
| Nomura Asset Management Co Ltd | 80,407 | $6.10M | 0.03% | +10,194+14.5% | Added |
| Cutler Group LP | 80,800 | $6.13M | 0.96% | +80,800 | New |
| Orland Properties Ltd | 85,000 | $6.45M | 3.39% | 00.0% | Unchanged |
| Citadel Advisors LLC | 85,460 | $6.49M | 0.01% | −205,571−70.6% | Reduced |
| Torq Capital Management (HK) Ltd | 87,100 | $6.61M | 8.40% | +87,100 | New |
| Keywise Capital Management (HK) Ltd | 89,150 | $6.77M | 1.54% | −11,700−11.6% | Reduced |
| Liontrust Investment Partners LLP | 90,000 | $6.83M | 0.10% | +19,000+26.8% | Added |
| Teacher Retirement System of Texas | 91,601 | $6.95M | 0.05% | −342,523−78.9% | Reduced |
| Trexquant Investment LP | 93,839 | $7.12M | 0.20% | −75,141−44.5% | Reduced |
| Beck Bode, LLC | 97,227 | $7.38M | 1.81% | +27,093+38.6% | Added |
| Calixto Global Investors, LP | 97,912 | $7.43M | 6.61% | +22,912+30.5% | Added |
| Virtu Financial LLC | 98,336 | $7.46M | 0.79% | +98,336 | New |
| Thomas White International Ltd | 99,128 | $7.52M | 1.59% | −2,263−2.2% | Reduced |
| Panagora Asset Management Inc | 100,868 | $7.66M | 0.05% | +2,713+2.8% | Added |
| Capital Fund Management S.A. | 101,713 | $7.72M | 0.15% | −102,796−50.3% | Reduced |
| SRS Investment Management, LLC | 104,283 | $7.92M | 0.11% | +104,283 | New |
| Guggenheim Capital LLC | 104,536 | $7.93M | 0.07% | +30,060+40.4% | Added |
| Old Well Partners, LLC | 105,900 | $8.04M | 6.36% | −7,200−6.4% | Reduced |
| Edmond de Rothschild Holding S.A. | 106,004 | $8.05M | 0.18% | +15,830+17.6% | Added |
| Growth Interface Management LLC | 110,000 | $8.35M | 8.33% | −55,000−33.3% | Reduced |
| Virginia Retirement Systems Et Al | 110,300 | $8.37M | 0.09% | +53,800+95.2% | Added |
| Nikko Asset Management Americas, Inc. | 113,185 | $8.40M | 0.10% | −2,135−1.9% | Reduced |
| Tudor Investment Corp Et Al | 112,589 | $8.55M | 0.16% | +92,533+461.4% | Added |
| Eschler Asset Management LLP | 119,926 | $9.10M | 7.19% | +81,800+214.6% | Added |
| Scge Management, L.P. | 122,818 | $9.32M | 0.26% | 00.0% | Unchanged |
| All-Stars Investment Ltd | 127,000 | $9.64M | 2.76% | +110,000+647.1% | Added |
| New York State Common Retirement Fund | 129,951 | $9.86M | 0.01% | +2,199+1.7% | Added |
| AnglePoint Asset Management Ltd | 133,700 | $10.1M | 10.88% | +133,700 | New |
| California State Teachers Retirement System | 133,945 | $10.2M | 0.02% | +871+0.7% | Added |
| Point72 Hong Kong Ltd | 134,400 | $10.2M | 2.49% | −316,961−70.2% | Reduced |
| National Pension Service | 133,515 | $10.2M | 0.02% | +42,575+46.8% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 134,556 | $10.2M | 0.02% | +49,095+57.4% | Added |
| Parallax Volatility Advisers, L.P. | 135,691 | $10.3M | 0.36% | +135,557+101,161.9% | Added |
| Kaizen Capital Partners Ltd | 135,900 | $10.3M | 6.09% | +135,900 | New |
| Millennium Management LLC | 136,460 | $10.4M | 0.01% | +6,242+4.8% | Added |
| Janus Henderson Group PLC | 144,806 | $11.0M | 0.01% | −60,421−29.4% | Reduced |
| Macquarie Group Ltd | 145,027 | $11.0M | 0.01% | +1,181+0.8% | Added |
| Value Star Asset Management (Hong Kong) Ltd | 149,018 | $11.3M | 4.42% | +149,018 | New |
| Pinebridge Investments, L.P. | 150,157 | $11.4M | 0.13% | −117,166−43.8% | Reduced |