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 |
|---|---|---|---|---|---|
| Manufacturers Life Insurance Company, The | 563,651 | $42.8M | 0.02% | −168,875−23.1% | Reduced |
| ProShare Advisors LLC | 560,341 | $42.5M | 0.13% | +115,258+25.9% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 554,545 | $42.1M | 23.49% | +138,628+33.3% | Added |
| Harvest Fund Management Co., Ltd | 521,030 | $39.5M | 8.70% | +65,298+14.3% | Added |
| Yong Rong (HK) Asset Management Ltd | 519,730 | $39.4M | 22.11% | +519,730 | New |
| Pinpoint Asset Management Ltd | 907,764 | $38.7M | 10.45% | −36,446−3.9% | Reduced |
| AXA S.A. | 485,038 | $36.8M | 0.13% | +168,486+53.2% | Added |
| Neuberger Berman Group LLC | 456,377 | $34.7M | 0.03% | +422,543+1,248.9% | Added |
| Qube Research & Technologies Ltd | 455,104 | $34.5M | 0.20% | −131,729−22.4% | Reduced |
| Penserra Capital Management LLC | 439,720 | $33.4M | 0.69% | −13,361−2.9% | Reduced |
| Oxbow Capital Management (HK) Ltd | 435,000 | $33.0M | 12.33% | +435,000 | New |
| Citigroup Inc | 430,636 | $32.7M | 0.04% | +6,240+1.5% | Added |
| Blue Creek Capital Management Ltd | 410,500 | $31.2M | 20.67% | −4,500−1.1% | Reduced |
| USS Investment Management Ltd | 405,676 | $30.8M | 0.42% | −57,318−12.4% | Reduced |
| Dimensional Fund Advisors LP | 403,967 | $30.7M | 0.01% | −4,151−1.0% | Reduced |
| Korea Investment CORP | 389,187 | $29.5M | 0.09% | −3,600−0.9% | Reduced |
| Man Group plc | – | $29.5M | 0.11% | – | – |
| DekaBank Deutsche Girozentrale | 374,472 | $28.1M | 0.07% | −14,019−3.6% | Reduced |
| Platinum Investment Management Ltd | 369,628 | $28.1M | 0.97% | +369,628 | New |
| Library Research Ltd | 357,302 | $27.1M | 42.64% | 00.0% | Unchanged |
| KBC Group NV | 338,020 | $25.7M | 0.11% | −91,179−21.2% | Reduced |
| FengHe Fund Management Pte. Ltd. | 328,000 | $24.9M | 5.59% | −487,000−59.8% | Reduced |
| Oversea-Chinese Banking CORP Ltd | 319,278 | $24.2M | 1.22% | +43,341+15.7% | Added |
| Standard Life Aberdeen plc | 318,725 | $24.2M | 0.06% | +109,293+52.2% | Added |
| Swedbank AB | 315,215 | $23.9M | 0.05% | −45,000−12.5% | Reduced |
| Jane Street Group, LLC | 314,580 | $23.9M | 0.04% | −4,449−1.4% | Reduced |
| Simplex Trading, LLC | 312,591 | $23.7M | 1.07% | +312,391+156,195.5% | Added |
| Storebrand Asset Management AS | 312,518 | $23.7M | 0.12% | +74,195+31.1% | Added |
| Aviva PLC | 301,615 | $22.9M | 0.10% | +6,100+2.1% | Added |
| Snow Lake Management LP | 300,000 | $22.8M | 13.52% | +300,000 | New |
| Royal Bank of Canada | 295,661 | $22.4M | 0.01% | +209,077+241.5% | Added |
| Apeiron Capital Ltd | 291,688 | $22.1M | 12.36% | +291,688 | New |
| Jennison Associates LLC | 289,480 | $22.0M | 0.02% | −279,127−49.1% | Reduced |
| Candriam Luxembourg S.C.A. | 310,940 | $21.7M | 0.15% | +86,940+38.8% | Added |
| Public Sector Pension Investment Board | 285,074 | $21.6M | 0.16% | −2,300−0.8% | Reduced |
| Squarepoint Ops LLC | 284,823 | $21.6M | 0.15% | +146,634+106.1% | Added |
| Kora Management LP | 272,750 | $20.7M | 4.76% | −136,000−33.3% | Reduced |
| SEI Investments Co | 268,308 | $20.4M | 0.04% | +209,237+354.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 262,014 | $19.9M | 0.05% | +23,612+9.9% | Added |
| Franklin Resources Inc | 250,082 | $19.0M | 0.01% | −62,558−20.0% | Reduced |
| Driehaus Capital Management LLC | 248,187 | $18.8M | 0.26% | +20,985+9.2% | Added |
| Rheos Capital Works Inc. | 243,000 | $18.4M | 1.03% | +243,000 | New |
| Voloridge Investment Management, LLC | 241,893 | $18.4M | 0.09% | −160,734−39.9% | Reduced |
| Alberta Investment Management Corp | 237,156 | $18.0M | 0.17% | +371+0.2% | Added |
| Prudential Financial Inc | 230,017 | $17.5M | 0.03% | −2,717−1.2% | Reduced |
| Point72 Asset Management, L.P. | 222,112 | $16.9M | 0.06% | −214,231−49.1% | Reduced |
| Putnam Investments LLC | 221,456 | $16.8M | 0.03% | +12,034+5.7% | Added |
| Hidden Lake Asset Management LP | 219,010 | $16.6M | 14.06% | +202,723+1,244.7% | Added |
| Wellington Management Group LLP | 216,006 | $16.4M | 0.00% | −1,425−0.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 213,457 | $16.2M | 0.09% | −87,015−29.0% | Reduced |
| Ci Investments Inc. | 213,123 | $16.2M | 0.08% | +202,842+1,973.0% | Added |
| British Columbia Investment Management Corp | 205,600 | $15.6M | 0.16% | +600+0.3% | Added |
| Brilliance Asset Management Ltd | 203,081 | $15.4M | 4.62% | +203,081 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 202,926 | $15.4M | 0.07% | −11,661−5.4% | Reduced |
| Twinbeech Capital LP | 201,877 | $15.3M | 0.31% | −594−0.3% | Reduced |
| Lazard Asset Management LLC | 196,450 | $14.9M | 0.02% | −167,596−46.0% | Reduced |
| Andra AP-fonden | 190,700 | $14.5M | 0.38% | +29,900+18.6% | Added |
| American Century Companies Inc | 181,344 | $13.8M | 0.01% | −32,395−15.2% | Reduced |
| Tiger Pacific Capital LP | 179,600 | $13.6M | 2.90% | +179,600 | New |
| Nordea Investment Management AB | 179,991 | $13.4M | 0.02% | +46,286+34.6% | Added |
| Sequoia China Equity Partners (Hong Kong) Ltd | 175,000 | $13.3M | 2.63% | −25,000−12.5% | Reduced |
| Asset Management One Co.,Ltd. | 173,474 | $13.2M | 0.06% | −10,908−5.9% | Reduced |
| M&G Investment Management Ltd | 169,786 | $12.9M | 0.09% | +60,742+55.7% | Added |
| Aubrey Capital Management Ltd | 166,700 | $12.7M | 7.34% | −40,900−19.7% | Reduced |
| La Financiere de L'Echiquier | 166,000 | $12.6M | 0.66% | +11,000+7.1% | Added |
| Massachusetts Financial Services Co | 155,047 | $11.8M | 0.00% | −10,488−6.3% | Reduced |
| State of New Jersey Common Pension Fund D | 153,839 | $11.7M | 0.04% | +28,800+23.0% | Added |
| Kadensa Capital Ltd | 150,209 | $11.4M | 2.28% | +150,209 | New |
| Pinebridge Investments, L.P. | 150,157 | $11.4M | 0.13% | −117,166−43.8% | Reduced |
| Value Star Asset Management (Hong Kong) Ltd | 149,018 | $11.3M | 4.42% | +149,018 | New |
| Macquarie Group Ltd | 145,027 | $11.0M | 0.01% | +1,181+0.8% | Added |
| Janus Henderson Group PLC | 144,806 | $11.0M | 0.01% | −60,421−29.4% | Reduced |
| Millennium Management LLC | 136,460 | $10.4M | 0.01% | +6,242+4.8% | Added |
| Kaizen Capital Partners Ltd | 135,900 | $10.3M | 6.09% | +135,900 | New |
| Parallax Volatility Advisers, L.P. | 135,691 | $10.3M | 0.36% | +135,557+101,161.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 134,556 | $10.2M | 0.02% | +49,095+57.4% | Added |
| National Pension Service | 133,515 | $10.2M | 0.02% | +42,575+46.8% | Added |
| Point72 Hong Kong Ltd | 134,400 | $10.2M | 2.49% | −316,961−70.2% | Reduced |
| California State Teachers Retirement System | 133,945 | $10.2M | 0.02% | +871+0.7% | Added |
| AnglePoint Asset Management Ltd | 133,700 | $10.1M | 10.88% | +133,700 | New |
| New York State Common Retirement Fund | 129,951 | $9.86M | 0.01% | +2,199+1.7% | Added |
| All-Stars Investment Ltd | 127,000 | $9.64M | 2.76% | +110,000+647.1% | Added |
| Scge Management, L.P. | 122,818 | $9.32M | 0.26% | 00.0% | Unchanged |
| Eschler Asset Management LLP | 119,926 | $9.10M | 7.19% | +81,800+214.6% | Added |
| Tudor Investment Corp Et Al | 112,589 | $8.55M | 0.16% | +92,533+461.4% | Added |
| Nikko Asset Management Americas, Inc. | 113,185 | $8.40M | 0.10% | −2,135−1.9% | Reduced |
| Virginia Retirement Systems Et Al | 110,300 | $8.37M | 0.09% | +53,800+95.2% | Added |
| Growth Interface Management LLC | 110,000 | $8.35M | 8.33% | −55,000−33.3% | Reduced |
| Edmond de Rothschild Holding S.A. | 106,004 | $8.05M | 0.18% | +15,830+17.6% | Added |
| Old Well Partners, LLC | 105,900 | $8.04M | 6.36% | −7,200−6.4% | Reduced |
| Guggenheim Capital LLC | 104,536 | $7.93M | 0.07% | +30,060+40.4% | Added |
| SRS Investment Management, LLC | 104,283 | $7.92M | 0.11% | +104,283 | New |
| Capital Fund Management S.A. | 101,713 | $7.72M | 0.15% | −102,796−50.3% | Reduced |
| Panagora Asset Management Inc | 100,868 | $7.66M | 0.05% | +2,713+2.8% | Added |
| Thomas White International Ltd | 99,128 | $7.52M | 1.59% | −2,263−2.2% | Reduced |
| Virtu Financial LLC | 98,336 | $7.46M | 0.79% | +98,336 | New |
| Calixto Global Investors, LP | 97,912 | $7.43M | 6.61% | +22,912+30.5% | Added |
| Beck Bode, LLC | 97,227 | $7.38M | 1.81% | +27,093+38.6% | Added |
| Trexquant Investment LP | 93,839 | $7.12M | 0.20% | −75,141−44.5% | Reduced |
| Teacher Retirement System of Texas | 91,601 | $6.95M | 0.05% | −342,523−78.9% | Reduced |