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 |
|---|---|---|---|---|---|
| Kadensa Capital Ltd | 150,209 | $11.4M | 2.28% | +150,209 | New |
| State of New Jersey Common Pension Fund D | 153,839 | $11.7M | 0.04% | +28,800+23.0% | Added |
| Massachusetts Financial Services Co | 155,047 | $11.8M | 0.00% | −10,488−6.3% | Reduced |
| La Financiere de L'Echiquier | 166,000 | $12.6M | 0.66% | +11,000+7.1% | Added |
| Aubrey Capital Management Ltd | 166,700 | $12.7M | 7.34% | −40,900−19.7% | Reduced |
| M&G Investment Management Ltd | 169,786 | $12.9M | 0.09% | +60,742+55.7% | Added |
| Asset Management One Co.,Ltd. | 173,474 | $13.2M | 0.06% | −10,908−5.9% | Reduced |
| Sequoia China Equity Partners (Hong Kong) Ltd | 175,000 | $13.3M | 2.63% | −25,000−12.5% | Reduced |
| Nordea Investment Management AB | 179,991 | $13.4M | 0.02% | +46,286+34.6% | Added |
| Tiger Pacific Capital LP | 179,600 | $13.6M | 2.90% | +179,600 | New |
| American Century Companies Inc | 181,344 | $13.8M | 0.01% | −32,395−15.2% | Reduced |
| Andra AP-fonden | 190,700 | $14.5M | 0.38% | +29,900+18.6% | Added |
| Lazard Asset Management LLC | 196,450 | $14.9M | 0.02% | −167,596−46.0% | Reduced |
| Twinbeech Capital LP | 201,877 | $15.3M | 0.31% | −594−0.3% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 202,926 | $15.4M | 0.07% | −11,661−5.4% | Reduced |
| Brilliance Asset Management Ltd | 203,081 | $15.4M | 4.62% | +203,081 | New |
| British Columbia Investment Management Corp | 205,600 | $15.6M | 0.16% | +600+0.3% | Added |
| Ci Investments Inc. | 213,123 | $16.2M | 0.08% | +202,842+1,973.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 213,457 | $16.2M | 0.09% | −87,015−29.0% | Reduced |
| Wellington Management Group LLP | 216,006 | $16.4M | 0.00% | −1,425−0.7% | Reduced |
| Hidden Lake Asset Management LP | 219,010 | $16.6M | 14.06% | +202,723+1,244.7% | Added |
| Putnam Investments LLC | 221,456 | $16.8M | 0.03% | +12,034+5.7% | Added |
| Point72 Asset Management, L.P. | 222,112 | $16.9M | 0.06% | −214,231−49.1% | Reduced |
| Prudential Financial Inc | 230,017 | $17.5M | 0.03% | −2,717−1.2% | Reduced |
| Alberta Investment Management Corp | 237,156 | $18.0M | 0.17% | +371+0.2% | Added |
| Voloridge Investment Management, LLC | 241,893 | $18.4M | 0.09% | −160,734−39.9% | Reduced |
| Rheos Capital Works Inc. | 243,000 | $18.4M | 1.03% | +243,000 | New |
| Driehaus Capital Management LLC | 248,187 | $18.8M | 0.26% | +20,985+9.2% | Added |
| Franklin Resources Inc | 250,082 | $19.0M | 0.01% | −62,558−20.0% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 262,014 | $19.9M | 0.05% | +23,612+9.9% | Added |
| SEI Investments Co | 268,308 | $20.4M | 0.04% | +209,237+354.2% | Added |
| Kora Management LP | 272,750 | $20.7M | 4.76% | −136,000−33.3% | Reduced |
| Squarepoint Ops LLC | 284,823 | $21.6M | 0.15% | +146,634+106.1% | Added |
| Public Sector Pension Investment Board | 285,074 | $21.6M | 0.16% | −2,300−0.8% | Reduced |
| Candriam Luxembourg S.C.A. | 310,940 | $21.7M | 0.15% | +86,940+38.8% | Added |
| Jennison Associates LLC | 289,480 | $22.0M | 0.02% | −279,127−49.1% | Reduced |
| Apeiron Capital Ltd | 291,688 | $22.1M | 12.36% | +291,688 | New |
| Royal Bank of Canada | 295,661 | $22.4M | 0.01% | +209,077+241.5% | Added |
| Snow Lake Management LP | 300,000 | $22.8M | 13.52% | +300,000 | New |
| Aviva PLC | 301,615 | $22.9M | 0.10% | +6,100+2.1% | Added |
| Storebrand Asset Management AS | 312,518 | $23.7M | 0.12% | +74,195+31.1% | Added |
| Simplex Trading, LLC | 312,591 | $23.7M | 1.07% | +312,391+156,195.5% | Added |
| Jane Street Group, LLC | 314,580 | $23.9M | 0.04% | −4,449−1.4% | Reduced |
| Swedbank AB | 315,215 | $23.9M | 0.05% | −45,000−12.5% | Reduced |
| Standard Life Aberdeen plc | 318,725 | $24.2M | 0.06% | +109,293+52.2% | Added |
| Oversea-Chinese Banking CORP Ltd | 319,278 | $24.2M | 1.22% | +43,341+15.7% | Added |
| FengHe Fund Management Pte. Ltd. | 328,000 | $24.9M | 5.59% | −487,000−59.8% | Reduced |
| KBC Group NV | 338,020 | $25.7M | 0.11% | −91,179−21.2% | Reduced |
| Library Research Ltd | 357,302 | $27.1M | 42.64% | 00.0% | Unchanged |
| Platinum Investment Management Ltd | 369,628 | $28.1M | 0.97% | +369,628 | New |
| DekaBank Deutsche Girozentrale | 374,472 | $28.1M | 0.07% | −14,019−3.6% | Reduced |
| Man Group plc | – | $29.5M | 0.11% | – | – |
| Korea Investment CORP | 389,187 | $29.5M | 0.09% | −3,600−0.9% | Reduced |
| Dimensional Fund Advisors LP | 403,967 | $30.7M | 0.01% | −4,151−1.0% | Reduced |
| USS Investment Management Ltd | 405,676 | $30.8M | 0.42% | −57,318−12.4% | Reduced |
| Blue Creek Capital Management Ltd | 410,500 | $31.2M | 20.67% | −4,500−1.1% | Reduced |
| Citigroup Inc | 430,636 | $32.7M | 0.04% | +6,240+1.5% | Added |
| Oxbow Capital Management (HK) Ltd | 435,000 | $33.0M | 12.33% | +435,000 | New |
| Penserra Capital Management LLC | 439,720 | $33.4M | 0.69% | −13,361−2.9% | Reduced |
| Qube Research & Technologies Ltd | 455,104 | $34.5M | 0.20% | −131,729−22.4% | Reduced |
| Neuberger Berman Group LLC | 456,377 | $34.7M | 0.03% | +422,543+1,248.9% | Added |
| AXA S.A. | 485,038 | $36.8M | 0.13% | +168,486+53.2% | Added |
| Pinpoint Asset Management Ltd | 907,764 | $38.7M | 10.45% | −36,446−3.9% | Reduced |
| Yong Rong (HK) Asset Management Ltd | 519,730 | $39.4M | 22.11% | +519,730 | New |
| Harvest Fund Management Co., Ltd | 521,030 | $39.5M | 8.70% | +65,298+14.3% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 554,545 | $42.1M | 23.49% | +138,628+33.3% | Added |
| ProShare Advisors LLC | 560,341 | $42.5M | 0.13% | +115,258+25.9% | Added |
| Manufacturers Life Insurance Company, The | 563,651 | $42.8M | 0.02% | −168,875−23.1% | Reduced |
| Handelsbanken Fonder AB | 581,789 | $44.2M | 0.26% | +21,628+3.9% | Added |
| Charles Schwab Investment Management Inc | 606,497 | $46.0M | 0.01% | +89,471+17.3% | Added |
| WT Asset Management Ltd | 619,931 | $47.1M | 17.12% | −442,358−41.6% | Reduced |
| Keystone Investors Pte Ltd | 652,633 | $49.5M | 9.91% | +2,354+0.4% | Added |
| Barings LLC | 664,266 | $50.4M | 1.73% | +182,504+37.9% | Added |
| IvyRock Asset Management (HK) Ltd | 686,636 | $52.1M | 26.67% | +390,500+131.9% | Added |
| RWC Asset Management LLP | 707,952 | $53.7M | 1.66% | −352,610−33.2% | Reduced |
| Prudential PLC | 721,984 | $54.8M | 0.64% | −8,719−1.2% | Reduced |
| APG Asset Management N.V. | 804,128 | $56.2M | 0.12% | −265,200−24.8% | Reduced |
| Nomura Holdings Inc | 742,139 | $56.3M | 0.55% | +217,973+41.6% | Added |
| Acadian Asset Management LLC | 745,982 | $56.6M | 0.25% | +659,700+764.6% | Added |
| TB Alternative Assets Ltd. | 751,400 | $57.0M | 14.06% | +612,000+439.0% | Added |
| AQR Capital Management LLC | 755,741 | $57.4M | 0.13% | +21,300+2.9% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 762,400 | $57.9M | 0.33% | +762,400 | New |
| Susquehanna Fundamental Investments, LLC | 764,885 | $58.1M | 1.35% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 773,900 | $58.7M | 0.15% | −170,200−18.0% | Reduced |
| Great West Life Assurance Co | 773,756 | $58.8M | 0.15% | +55,635+7.7% | Added |
| Aspex Management (HK) Ltd | 775,000 | $58.8M | 1.44% | +775,000 | New |
| Victory Capital Management Inc | 776,685 | $59.0M | 0.07% | −15,012−1.9% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 797,003 | $60.5M | 0.15% | −14,865−1.8% | Reduced |
| Barclays PLC | 810,407 | $61.5M | 0.06% | −2,825,976−77.7% | Reduced |
| First Manhattan Co | 811,094 | $61.6M | 0.24% | +77,754+10.6% | Added |
| Origin Asset Management LLP | 811,447 | $61.6M | 18.05% | +9,900+1.2% | Added |
| Causeway Capital Management LLC | 820,918 | $62.3M | 1.49% | +7,767+1.0% | Added |
| SG Americas Securities, LLC | 826,020 | $62.7M | 0.84% | +422,230+104.6% | Added |
| California Public Employees Retirement System | 828,985 | $62.9M | 0.06% | +11,190+1.4% | Added |
| Russell Investments Group, Ltd. | 831,010 | $63.1M | 0.12% | −378,745−31.3% | Reduced |
| Coronation Fund Managers Ltd. | 848,093 | $64.4M | 1.71% | −62,065−6.8% | Reduced |
| Lord, Abbett & Co. LLC | 850,323 | $64.5M | 0.23% | +125,634+17.3% | Added |
| First Trust Advisors LP | 857,332 | $65.1M | 0.08% | −137,073−13.8% | Reduced |
| Sylebra Capital Ltd | 909,878 | $69.1M | 3.07% | +3,156+0.3% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 922,084 | $70.0M | 0.47% | +274,943+42.5% | Added |