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 |
|---|---|---|---|---|---|
| Liontrust Investment Partners LLP | 90,000 | $6.83M | 0.10% | +19,000+26.8% | Added |
| Keywise Capital Management (HK) Ltd | 89,150 | $6.77M | 1.54% | −11,700−11.6% | Reduced |
| Torq Capital Management (HK) Ltd | 87,100 | $6.61M | 8.40% | +87,100 | New |
| Citadel Advisors LLC | 85,460 | $6.49M | 0.01% | −205,571−70.6% | Reduced |
| Orland Properties Ltd | 85,000 | $6.45M | 3.39% | 00.0% | Unchanged |
| Cutler Group LP | 80,800 | $6.13M | 0.96% | +80,800 | New |
| Nomura Asset Management Co Ltd | 80,407 | $6.10M | 0.03% | +10,194+14.5% | Added |
| CIBC Asset Management Inc | 76,287 | $5.79M | 0.02% | +13,665+21.8% | Added |
| Jupiter Asset Management Ltd | 76,215 | $5.78M | 0.08% | +55,732+272.1% | Added |
| Voya Investment Management LLC | 75,368 | $5.72M | 0.01% | +4,515+6.4% | Added |
| Wolverine Asset Management LLC | 75,000 | $5.69M | 0.10% | +75,000 | New |
| AlpInvest Partners B.V. | 74,337 | $5.64M | 1.49% | −8,260−10.0% | Reduced |
| Hel Ved Capital Management Ltd | 73,464 | $5.58M | 2.97% | −73,213−49.9% | Reduced |
| Shell Asset Management Co | 73,270 | $5.56M | 0.23% | +700+1.0% | Added |
| Twenty Acre Capital LP | 72,400 | $5.50M | 6.27% | −2,000−2.7% | Reduced |
| La Banque Postale Asset Management SA | 71,449 | $5.42M | 0.14% | −67,912−48.7% | Reduced |
| Kames Capital plc | 69,387 | $5.27M | 0.09% | −7,213−9.4% | Reduced |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 69,109 | $5.25M | 0.25% | −3,079−4.3% | Reduced |
| Cubist Systematic Strategies, LLC | 65,186 | $4.95M | 0.05% | −190,113−74.5% | Reduced |
| Schonfeld Strategic Advisors LLC | 65,100 | $4.94M | 0.05% | −74,300−53.3% | Reduced |
| Thrivent Financial for Lutherans | 62,488 | $4.74M | 0.01% | −1,515−2.4% | Reduced |
| Gulf International Bank (UK) Ltd | 61,972 | $4.70M | 0.10% | −20,628−25.0% | Reduced |
| Qtron Investments LLC | 59,174 | $4.49M | 0.92% | −15,235−20.5% | Reduced |
| Profund Advisors LLC | 57,773 | $4.38M | 0.27% | +6,994+13.8% | Added |
| B. Metzler seel. Sohn & Co. AG | 57,480 | $4.36M | 0.07% | +9,286+19.3% | Added |
| Rafferty Asset Management, LLC | 56,669 | $4.30M | 0.03% | +5,545+10.8% | Added |
| PEAK6 Investments LLC | 55,122 | $4.18M | 0.27% | −31,164−36.1% | Reduced |
| Natixis | 53,840 | $4.09M | 0.04% | +50,829+1,688.1% | Added |
| Ensign Peak Advisors, Inc | 51,350 | $3.90M | 0.01% | +14,900+40.9% | Added |
| IMC-Chicago, LLC | 51,198 | $3.89M | 0.66% | +51,198 | New |
| Leonteq Securities AG | 51,149 | $3.88M | 0.36% | +27,389+115.3% | Added |
| ING Groep NV | 48,768 | $3.70M | 0.04% | +6,474+15.3% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 48,676 | $3.69M | 0.10% | −14,589−23.1% | Reduced |
| Seldon Capital LP | 48,226 | $3.66M | 3.66% | 00.0% | Unchanged |
| Shelton Capital Management | 47,042 | $3.57M | 0.15% | +8,561+22.2% | Added |
| UBS Oconnor LLC | 46,479 | $3.53M | 0.08% | +46,479 | New |
| Northwest & Ethical Investments L.P. | 45,303 | $3.44M | 0.11% | +45,303 | New |
| China Universal Asset Management Co., Ltd. | 44,360 | $3.37M | 1.14% | −86,880−66.2% | Reduced |
| Parametrica Management Ltd | 43,375 | $3.29M | 5.94% | +25,400+141.3% | Added |
| Maxi Investments CY Ltd | 41,485 | $3.15M | 2.55% | 00.0% | Unchanged |
| Optimas Capital Ltd | 41,200 | $3.13M | 2.62% | −15,221−27.0% | Reduced |
| Daiwa Securities Group Inc. | 40,912 | $3.10M | 0.02% | +10,108+32.8% | Added |
| Industrial Alliance Investment Management Inc. | 40,884 | $3.10M | 0.09% | +13,774+50.8% | Added |
| Prospera Financial Services Inc | 39,892 | $3.03M | 0.12% | +12,115+43.6% | Added |
| American International Group, Inc. | 38,849 | $2.95M | 0.02% | +6,488+20.0% | Added |
| Alps Advisors Inc | 38,129 | $2.89M | 0.03% | +11,305+42.1% | Added |
| Engineers Gate Manager LP | 36,187 | $2.75M | 0.11% | +7,032+24.1% | Added |
| Advisor Group Holdings, Inc. | 36,023 | $2.73M | 0.01% | +19,968+124.4% | Added |
| Octahedron Capital Management L.P. | 35,700 | $2.71M | 5.81% | +23,950+203.8% | Added |
| QVT Financial LP | 34,861 | $2.65M | 0.16% | +34,861 | New |
| Federation des caisses Desjardins du Quebec | 34,243 | $2.60M | 0.03% | +33,663+5,804.0% | Added |
| Pacer Advisors, Inc. | 33,738 | $2.56M | 0.01% | +20,253+150.2% | Added |
| One01 Capital, LP | 32,700 | $2.48M | 2.95% | +32,700 | New |
| Abn Amro Investment Solutions | 32,270 | $2.45M | 0.05% | +32,270 | New |
| CenterBook Partners LP | 31,437 | $2.39M | 0.34% | +31,437 | New |
| Rock Creek Group, LP | 31,276 | $2.37M | 0.31% | −22,424−41.8% | Reduced |
| TD Waterhouse Canada Inc. | 23,127 | $2.33M | 0.02% | −425−1.8% | Reduced |
| Los Angeles Capital Management LLC | 30,555 | $2.32M | 0.01% | −67,536−68.9% | Reduced |
| Yousif Capital Management, LLC | 30,134 | $2.29M | 0.03% | −100−0.3% | Reduced |
| RBF Capital, LLC | 30,000 | $2.28M | 0.17% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 29,600 | $2.25M | 0.06% | +6,300+27.0% | Added |
| Dorsey Wright & Associates | 29,366 | $2.23M | 0.68% | +29,366 | New |
| Unigestion Holding SA | 28,926 | $2.21M | 0.12% | 00.0% | Unchanged |
| Employees Retirement System of Texas | 28,730 | $2.18M | 0.03% | +28,730 | New |
| Top Ace Asset Management Ltd | 28,700 | $2.18M | 11.39% | −1,300−4.3% | Reduced |
| O'Shaughnessy Asset Management, LLC | 28,208 | $2.14M | 0.03% | +320+1.1% | Added |
| Crossmark Global Holdings, Inc. | 27,036 | $2.05M | 0.05% | +3,600+15.4% | Added |
| Dantai Capital Ltd | 25,300 | $1.92M | 2.33% | +25,300 | New |
| Envestnet Asset Management Inc | 1,089,183 | $1.90M | 0.00% | +1,053,796+2,977.9% | Added |
| IFM Investors Pty Ltd | 25,092 | $1.90M | 0.03% | +1,637+7.0% | Added |
| Oberweis Asset Management Inc | 25,000 | $1.90M | 0.29% | −10,000−28.6% | Reduced |
| Itau Unibanco Holding S.A. | 24,552 | $1.86M | 0.09% | +24,552 | New |
| Artisan Partners Limited Partnership | 24,148 | $1.83M | 0.00% | −133,722−84.7% | Reduced |
| TD Asset Management Inc | 22,900 | $1.74M | 0.00% | +4,700+25.8% | Added |
| XR Securities LLC | 22,831 | $1.73M | 2.45% | +22,831 | New |
| Two Sigma Investments, LP | 22,600 | $1.72M | 0.01% | −1,160,863−98.1% | Reduced |
| Solstein Capital, LLC | 21,948 | $1.67M | 1.45% | +7,432+51.2% | Added |
| Harvest Volatility Management LLC | 21,046 | $1.61M | 0.32% | +1,661+8.6% | Added |
| Handelsinvest Investeringsforvaltning | 21,126 | $1.60M | 0.26% | −2,874−12.0% | Reduced |
| Intech Investment Management LLC | 20,721 | $1.57M | 0.01% | +3,681+21.6% | Added |
| Morningstar Investment Management LLC | 20,338 | $1.54M | 0.23% | −1,072−5.0% | Reduced |
| Banque Cantonale Vaudoise | 20,186 | $1.53M | 0.08% | −51,993−72.0% | Reduced |
| Eos Management, L.P. | 19,266 | $1.46M | 0.77% | +4,744+32.7% | Added |
| Baader Bank INC | 19,713 | $1.45M | 0.11% | −15,087−43.4% | Reduced |
| TT International Asset Management LTD | 18,729 | $1.42M | 0.16% | −32,735−63.6% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 18,082 | $1.37M | 0.02% | +3,716+25.9% | Added |
| Tekne Capital Management, LLC | 17,891 | $1.36M | 0.37% | +17,891 | New |
| Desjardins Global Asset Management Inc. | 17,353 | $1.32M | 0.17% | −2,941−14.5% | Reduced |
| Janney Montgomery Scott LLC | 17,308 | $1.31M | 0.01% | +17,308 | New |
| Commonwealth Equity Services, LLC | 17,007 | $1.29M | 0.00% | −34,937−67.3% | Reduced |
| Empowered Funds, LLC | 16,814 | $1.28M | 0.08% | −240−1.4% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 16,425 | $1.25M | 0.03% | −2,208−11.8% | Reduced |
| Aperture Investors, LLC | 15,700 | $1.19M | 0.17% | +4,314+37.9% | Added |
| Vident Investment Advisory, LLC | 14,951 | $1.13M | 0.04% | −5,246−26.0% | Reduced |
| Hongkou Capital LP | 14,675 | $1.11M | 3.65% | +14,675 | New |
| Knights of Columbus Asset Advisors LLC | 14,330 | $1.09M | 0.11% | −3,037−17.5% | Reduced |
| TCW Group Inc | 14,000 | $1.06M | 0.01% | 00.0% | Unchanged |
| Migdal Insurance & Financial Holdings Ltd. | 14,240 | $1.06M | 0.02% | +9,320+189.4% | Added |
| CIBC World Markets Inc. | 13,761 | $1.04M | 0.00% | −33,397−70.8% | Reduced |
| L & S Advisors Inc | 13,603 | $1.03M | 0.14% | +13,603 | New |