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 |
|---|---|---|---|---|---|
| Allianz Asset Management GmbH | 923,503 | $70.1M | 0.15% | +755,559+449.9% | Added |
| Credit Suisse AG | 962,497 | $73.1M | 0.08% | +28,255+3.0% | Added |
| Marshall Wace, LLP | 972,997 | $73.9M | 0.18% | −1,910,500−66.3% | Reduced |
| Nuveen Asset Management, LLC | 991,019 | $75.2M | 0.03% | −981,426−49.8% | Reduced |
| Ameriprise Financial Inc | 1,067,210 | $81.0M | 0.03% | +107,343+11.2% | Added |
| Whale Rock Capital Management LLC | 1,087,729 | $82.6M | 1.82% | +425,871+64.3% | Added |
| Perseverance Asset Management International | 1,137,698 | $86.4M | 28.61% | +111,578+10.9% | Added |
| Public Investment Fund | 1,171,570 | $88.9M | 0.25% | −367,823−23.9% | Reduced |
| Oceanlink Management Ltd. | 1,180,041 | $89.6M | 21.26% | +343,197+41.0% | Added |
| Renaissance Technologies LLC | 1,206,400 | $91.6M | 0.12% | −2,153,700−64.1% | Reduced |
| Alpine Investment Management Ltd | 1,250,000 | $94.9M | 19.86% | +1,250,000 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,341,322 | $101.8M | 0.08% | −4,774−0.4% | Reduced |
| Bank of New York Mellon Corp | 1,354,413 | $102.8M | 0.02% | +43,337+3.3% | Added |
| Cederberg Capital Ltd | 1,361,500 | $103.3M | 35.12% | 00.0% | Unchanged |
| Swiss National Bank | 1,368,895 | $103.9M | 0.07% | +1,900+0.1% | Added |
| SC China Holding Ltd | 1,592,510 | $120.9M | 12.70% | 00.0% | Unchanged |
| UBS Group AG | 1,598,608 | $121.3M | 0.06% | −266,008−14.3% | Reduced |
| Principal Financial Group Inc | 1,659,791 | $126.0M | 0.09% | −92,479−5.3% | Reduced |
| Pictet Asset Management SA | 1,723,889 | $130.8M | 0.16% | +377,228+28.0% | Added |
| Mirae Asset Global Investments Co., Ltd. | 1,727,269 | $131.1M | 0.31% | +206,602+13.6% | Added |
| Arrowstreet Capital, Limited Partnership | 1,743,936 | $132.4M | 0.17% | −97,537−5.3% | Reduced |
| National Bank of Canada | 1,764,912 | $133.9M | 0.36% | +1,567,307+793.2% | Added |
| Franchise Capital Ltd | 1,804,054 | $136.9M | 35.70% | +170,941+10.5% | Added |
| Susquehanna International Group, LLP | 1,831,731 | $139.0M | 0.22% | +1,761,580+2,511.1% | Added |
| Fisher Asset Management, LLC | 1,844,111 | $140.0M | 0.09% | −138,280−7.0% | Reduced |
| Vontobel Holding Ltd. | 1,867,281 | $141.7M | 1.32% | −476,563−20.3% | Reduced |
| Matthews International Capital Management LLC | 1,966,678 | $149.3M | 14.89% | −420,270−17.6% | Reduced |
| CoreView Capital Management Ltd | 1,962,451 | $151.3M | 19.27% | 00.0% | Unchanged |
| Tairen Capital Ltd | 1,999,581 | $151.8M | 22.97% | −659,553−24.8% | Reduced |
| Northern Trust Corp | 2,081,228 | $158.0M | 0.03% | +386,301+22.8% | Added |
| Alliancebernstein L.P. | 2,115,971 | $160.6M | 0.07% | −729,038−25.6% | Reduced |
| Bridgewater Associates, LP | 2,142,397 | $162.6M | 0.99% | −1,503,433−41.2% | Reduced |
| Invesco Ltd. | 2,249,102 | $170.7M | 0.05% | +74,188+3.4% | Added |
| Genesis Investment Management, LLP | 2,251,103 | $170.9M | 18.56% | +109,694+5.1% | Added |
| RWC Asset Advisors (US) LLC | 2,261,496 | $171.6M | 13.06% | −1,173,286−34.2% | Reduced |
| Trivest Advisors Ltd | 2,275,700 | $172.7M | 13.43% | −2,152,200−48.6% | Reduced |
| Veritas Asset Management LLP | 2,325,200 | $176.5M | 1.30% | +564,200+32.0% | Added |
| Temasek Holdings (Private) Ltd | 2,716,081 | $206.2M | 1.22% | 00.0% | Unchanged |
| Geode Capital Management, LLC | 2,837,963 | $214.3M | 0.03% | +172,903+6.5% | Added |
| Deutsche Bank AG | 2,884,487 | $218.9M | 0.12% | +1,052,758+57.5% | Added |
| D. E. Shaw & Co., Inc. | 3,012,554 | $228.7M | 0.37% | −2,726,647−47.5% | Reduced |
| Alkeon Capital Management LLC | 3,141,339 | $238.4M | 1.53% | +1,861,339+145.4% | Added |
| Bank of America Corp | 3,182,134 | $241.5M | 0.03% | +1,307,458+69.7% | Added |
| SC US (TTGP), Ltd. | 3,185,022 | $241.7M | 2.85% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 3,226,154 | $244.9M | 0.67% | +223,323+7.4% | Added |
| Price T Rowe Associates Inc | 3,377,580 | $256.4M | 0.04% | −116,593−3.3% | Reduced |
| BNP Paribas Arbitrage, SA | 3,483,884 | $264.4M | 0.57% | +857,606+32.7% | Added |
| Schroder Investment Management Group | 3,601,535 | $273.4M | 0.41% | +3,248,695+920.7% | Added |
| E Fund Management Co., Ltd. | 3,812,569 | $289.4M | 21.12% | +177,675+4.9% | Added |
| Legal & General Group Plc | 3,831,170 | $290.8M | 0.10% | +175,775+4.8% | Added |
| Canada Pension Plan Investment Board | 3,873,106 | $294.0M | 0.47% | −178,400−4.4% | Reduced |
| JPMorgan Chase & Co | 3,915,756 | $297.2M | 0.04% | −2,158,164−35.5% | Reduced |
| Krane Funds Advisors LLC | 4,366,806 | $308.8M | 14.11% | −444,745−9.2% | Reduced |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 4,239,086 | $321.7M | 18.61% | −1,339,466−24.0% | Reduced |
| FIL Ltd | 4,444,534 | $337.3M | 0.39% | −50,497−1.1% | Reduced |
| Assenagon Asset Management S.A. | 4,630,643 | $351.5M | 1.38% | +4,506,101+3,618.1% | Added |
| HSBC Holdings PLC | 5,039,984 | $382.5M | 0.49% | +265,158+5.6% | Added |
| Norges Bank | 6,471,763 | $491.2M | 0.11% | +327,205+5.3% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 8,323,944 | $631.8M | 98.09% | 00.0% | Unchanged |
| FMR LLC | 9,287,206 | $704.9M | 0.06% | −4,842,107−34.3% | Reduced |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 10,642,847 | $807.8M | 14.32% | +7,739,047+266.5% | Added |
| UBS Asset Management Americas Inc | 11,024,163 | $836.7M | 0.41% | +4,427,842+67.1% | Added |
| Goldman Sachs Group Inc | 11,283,859 | $856.4M | 0.23% | +3,081,971+37.6% | Added |
| State Street Corp | 12,055,268 | $915.0M | 0.05% | +1,066,720+9.7% | Added |
| Morgan Stanley | 15,604,426 | $1.18B | 0.13% | +8,523,055+120.4% | Added |
| Vanguard Group Inc | 17,350,125 | $1.32B | 0.03% | +2,570,501+17.4% | Added |
| BlackRock Inc. | 24,874,019 | $1.89B | 0.06% | −834,455−3.2% | Reduced |
| Baillie Gifford & Co | 28,191,244 | $2.14B | 1.93% | −434,736−1.5% | Reduced |
| Fullerton Fund Management Co Ltd. | 0 | $0 | 0.00% | −1,804,119−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −1,122,700−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −772,940−100.0% | Sold out |
| Fred Alger Management, LLC | 0 | $0 | 0.00% | −470,494−100.0% | Sold out |
| CloudAlpha Capital Management Limited/Hong Kong | 0 | $0 | 0.00% | −414,000−100.0% | Sold out |
| Axiom Investors LLC | 0 | $0 | 0.00% | −360,830−100.0% | Sold out |
| MY.Alpha Management HK Advisors Ltd | 0 | $0 | 0.00% | −295,979−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −221,403−100.0% | Sold out |
| Toroso Investments, LLC | 0 | $0 | 0.00% | −162,492−100.0% | Sold out |
| Snow Lake Capital (HK) Ltd | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| Strategic Vision Investment Ltd | 0 | $0 | 0.00% | −134,000−100.0% | Sold out |
| McKinley Capital Management LLC /Delaware | 0 | $0 | 0.00% | −127,260−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −110,249−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −109,626−100.0% | Sold out |
| Point72 Middle East FZE | 0 | $0 | 0.00% | −82,601−100.0% | Sold out |
| Mane Global Capital Management LP | 0 | $0 | 0.00% | −77,500−100.0% | Sold out |
| DuPont Capital Management Corp | 0 | $0 | 0.00% | −60,873−100.0% | Sold out |
| Woodline Partners LP | 0 | $0 | 0.00% | −58,321−100.0% | Sold out |
| Old Mission Capital LLC | 0 | $0 | 0.00% | −47,791−100.0% | Sold out |
| Quaero Capital S.A. | 0 | $0 | 0.00% | −41,470−100.0% | Sold out |
| Jessup Wealth Management, Inc | 0 | $0 | 0.00% | −38,253−100.0% | Sold out |
| Granite Point Capital Management, L.P. | 0 | $0 | 0.00% | −37,000−100.0% | Sold out |
| Nishkama Capital, LLC | 0 | $0 | 0.00% | −35,000−100.0% | Sold out |
| New Silk Road Investment Pte Ltd | 0 | $0 | 0.00% | −31,088−100.0% | Sold out |
| Taika Capital, LP | 0 | $0 | 0.00% | −28,100−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −27,000−100.0% | Sold out |
| Camarda Financial Advisors, LLC | 0 | $0 | 0.00% | −25,009−100.0% | Sold out |
| Cooper Investors Pty Ltd | 0 | $0 | 0.00% | −21,600−100.0% | Sold out |
| Chimera Capital Management LLC | 0 | $0 | 0.00% | −19,996−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −19,584−100.0% | Sold out |
| Seven Eight Capital, LP | 0 | $0 | 0.00% | −19,526−100.0% | Sold out |
| Partners Capital Investment Group, LLP | 0 | $0 | 0.00% | −19,330−100.0% | Sold out |