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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, Q2 2023

Institutional positions in PDD Holdings Inc. as of Jun 30, 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
452
−15 vs. Q1 2023
Shares held
336.3M
−7.41M (−2.2%) vs. Q1 2023
Total value
$23.2B
−$2.66B (−10.3%) vs. Q1 2023
New holders
60
153 more added
Sold out
75
187 more reduced

1 institution that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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.

Institutional holdersQ2 2023: 452 institutions
Q1 2021: 442 institutionsQ2 2021: 415 institutionsQ3 2021: 396 institutionsQ4 2021: 362 institutionsQ1 2022: 353 institutionsQ2 2022: 394 institutionsQ3 2022: 411 institutionsQ4 2022: 451 institutionsQ1 2023: 468 institutionsQ2 2023: 452 institutionsQ3 2023: 473 institutionsQ4 2023: 584 institutionsQ1 2024: 577 institutionsQ2 2024: 646 institutionsQ3 2024: 602 institutionsQ4 2024: 587 institutionsQ1 2025: 584 institutionsQ2 2025: 537 institutionsQ3 2025: 559 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ2 2023: $23.2B
Q1 2021: $38.8BQ2 2021: $31.9BQ3 2021: $24.7BQ4 2021: $16.0BQ1 2022: $11.0BQ2 2022: $17.8BQ3 2022: $19.3BQ4 2022: $26.6BQ1 2023: $26.7BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $58.7BQ1 2024: $47.7BQ2 2024: $58.7BQ3 2024: $56.8BQ4 2024: $39.6BQ1 2025: $49.2BQ2 2025: $43.0BQ3 2025: $54.7BQ4 2025: $50.2BQ1 2026: $43.7BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.7B
Q4 2025574$50.2B
Q3 2025559$54.7B
Q2 2025537$43.0B
Q1 2025584$49.2B
Q4 2024587$39.6B
Q3 2024602$56.8B
Q2 2024646$58.7B
Q1 2024577$47.7B
Q4 2023584$58.7B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$26.7B
Q4 2022451$26.6B
Q3 2022411$19.3B
Q2 2022394$17.8B
Q1 2022353$11.0B
Q4 2021362$16.0B
Q3 2021396$24.7B
Q2 2021415$31.9B
Q1 2021442$38.8B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2023.

Institutions holding PDD in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co31,167,044$2.15B1.83%+2,975,800+10.6%Added
BlackRock Inc.24,137,254$1.67B0.05%−736,765−3.0%Reduced
Vanguard Group Inc17,464,197$1.21B0.03%+114,072+0.7%Added
Morgan Stanley15,431,288$1.07B0.11%−173,138−1.1%Reduced
FMR LLC13,300,918$919.6M0.08%+4,013,712+43.2%Added
UBS Asset Management Americas Inc11,024,163$836.7M0.41%00.0%Unchanged
State Street Corp9,863,022$681.9M0.04%−2,192,246−18.2%Reduced
IDG China Venture Capital Fund IV Associates L.P.8,183,514$565.8M98.05%−140,430−1.7%Reduced
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)8,172,247$565.0M12.03%−2,470,600−23.2%Reduced
Goldman Sachs Group Inc7,556,226$522.4M0.13%−3,727,633−33.0%Reduced
Invesco Ltd.6,972,483$482.1M0.13%+4,723,381+210.0%Added
Norges Bank6,030,110$416.9M0.08%−441,653−6.8%Reduced
Assenagon Asset Management S.A.5,420,578$374.8M1.47%+789,935+17.1%Added
Krane Funds Advisors LLC5,127,133$354.5M18.68%+760,327+17.4%Added
Canada Pension Plan Investment Board4,962,806$343.1M0.52%+1,089,700+28.1%Added
JPMorgan Chase & Co4,791,009$331.3M0.04%+875,253+22.4%Added
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management4,701,666$325.1M15.71%+462,580+10.9%Added
E Fund Management Co., Ltd.4,567,173$315.8M24.97%+754,604+19.8%Added
HSBC Holdings PLC4,517,077$312.3M0.33%−522,907−10.4%Reduced
Legal & General Group Plc3,841,254$265.6M0.09%+10,084+0.3%Added
Price T Rowe Associates Inc3,517,783$243.2M0.03%+140,203+4.2%Added
Robeco Institutional Asset Management B.V.3,316,972$229.3M0.60%+90,818+2.8%Added
SC US (TTGP), Ltd.3,185,022$220.2M2.07%00.0%Unchanged
FIL Ltd3,159,047$218.4M0.25%−1,285,487−28.9%Reduced
Geode Capital Management, LLC2,993,799$205.8M0.02%+155,836+5.5%Added
Oceanlink Management Ltd.2,972,542$205.5M48.13%+1,792,501+151.9%Added
Bridgewater Associates, LP2,731,512$188.9M1.17%+589,115+27.5%Added
Genesis Investment Management, LLP2,437,587$183.8M19.92%+186,484+8.3%Added
Dragoneer Investment Group, LLC2,597,734$179.6M3.71%+2,597,734New
Arrowstreet Capital, Limited Partnership2,587,159$178.9M0.22%+843,223+48.4%Added
Tairen Capital Ltd2,553,749$176.6M5.56%+554,168+27.7%Added
SRS Investment Management, LLC2,446,402$169.1M1.94%+2,342,119+2,245.9%Added
BNP Paribas Arbitrage, SA2,200,216$152.1M0.30%−1,283,668−36.8%Reduced
Bank of America Corp2,092,365$144.7M0.02%−1,089,769−34.2%Reduced
First Beijing Investment Ltd2,074,300$143.4M43.29%+2,074,300New
Newlands Management Operations LLC1,949,040$134.8M1.44%+1,949,040New
Vontobel Holding Ltd.1,912,483$132.2M1.16%+45,202+2.4%Added
Fisher Asset Management, LLC1,834,029$126.8M0.07%−10,082−0.5%Reduced
Mirae Asset Global Investments Co., Ltd.1,839,912$126.6M0.27%+112,643+6.5%Added
RWC Asset Advisors (US) LLC1,824,756$126.2M12.06%−436,740−19.3%Reduced
Northern Trust Corp1,770,671$122.4M0.02%−310,557−14.9%Reduced
Nuveen Asset Management, LLC1,720,963$119.0M0.04%+729,944+73.7%Added
Perseverance Asset Management International1,690,668$116.9M35.32%+552,970+48.6%Added
Deutsche Bank AG1,614,823$111.6M0.06%−1,269,664−44.0%Reduced
SC China Holding Ltd1,592,510$110.1M12.59%00.0%Unchanged
Marshall Wace, LLP1,533,788$106.0M0.23%+560,791+57.6%Added
Alkeon Capital Management LLC1,513,241$104.6M0.63%−1,628,098−51.8%Reduced
UBS Group AG1,484,972$102.7M0.04%−113,636−7.1%Reduced
Pictet Asset Management SA1,463,958$101.2M0.12%−259,931−15.1%Reduced
CoreView Capital Management Ltd1,444,942$99.9M12.98%−517,509−26.4%Reduced
Parallax Volatility Advisers, L.P.1,408,620$97.4M3.35%+1,272,929+938.1%Added
Bank of New York Mellon Corp1,378,619$95.3M0.02%+24,206+1.8%Added
Cederberg Capital Ltd1,361,500$94.1M41.06%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.1,347,227$93.1M0.07%+5,905+0.4%Added
Swiss National Bank1,281,137$88.6M0.06%−87,758−6.4%Reduced
Principal Financial Group Inc1,249,615$86.4M0.06%−410,176−24.7%Reduced
Millennium Management LLC1,194,842$82.6M0.09%+1,058,382+775.6%Added
WT Asset Management Ltd1,179,342$81.5M24.89%+559,411+90.2%Added
Public Investment Fund1,171,570$81.0M0.21%00.0%Unchanged
Fullerton Fund Management Co Ltd.1,118,031$77.3M5.40%+1,118,031New
Platinum Investment Management Ltd1,088,026$75.2M2.61%+718,398+194.4%Added
Trivest Advisors Ltd1,055,400$73.0M2.51%−1,220,300−53.6%Reduced
First Trust Advisors LP1,041,199$72.0M0.08%+183,867+21.4%Added
Susquehanna International Group, LLP1,026,215$71.0M0.11%−805,516−44.0%Reduced
Sequoia China Equity Partners (Hong Kong) Ltd1,000,000$69.1M13.12%+825,000+471.4%Added
Matthews International Capital Management LLC988,879$68.4M8.01%−977,799−49.7%Reduced
Credit Suisse AG958,762$66.3M0.07%−3,735−0.4%Reduced
National Bank of Canada928,479$66.2M0.13%−836,433−47.4%Reduced
Coronation Fund Managers Ltd.926,700$64.1M1.73%+78,607+9.3%Added
Alpine Investment Management Ltd925,000$64.0M18.81%−325,000−26.0%Reduced
Ameriprise Financial Inc920,343$63.6M0.02%−146,867−13.8%Reduced
First Manhattan Co911,290$63.0M0.23%+100,196+12.4%Added
Nomura Holdings Inc897,221$62.0M0.63%+155,082+20.9%Added
Franchise Capital Ltd843,636$58.3M18.26%−960,418−53.2%Reduced
Whale Rock Capital Management LLC841,942$58.2M1.00%−245,787−22.6%Reduced
Causeway Capital Management LLC828,195$57.3M1.51%+7,277+0.9%Added
Coatue Management LLCSuperinvestorCoatue Management811,523$56.1M0.27%−110,561−12.0%Reduced
IvyRock Asset Management (HK) Ltd805,236$55.7M32.38%+118,600+17.3%Added
Victory Capital Management Inc796,160$55.0M0.06%+19,475+2.5%Added
California Public Employees Retirement System789,366$54.6M0.05%−39,619−4.8%Reduced
Great West Life Assurance Co780,733$54.1M0.13%+6,977+0.9%Added
Barclays PLC765,269$52.9M0.03%−45,138−5.6%Reduced
Appaloosa LPSuperinvestorAppaloosa750,000$51.9M0.96%+750,000New
APG Asset Management N.V.804,128$51.0M0.10%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp727,034$50.3M0.12%−69,969−8.8%Reduced
Schroder Investment Management Group704,779$48.7M0.07%−2,896,756−80.4%Reduced
AQR Capital Management LLC698,734$48.3M0.10%−57,007−7.5%Reduced
Susquehanna Fundamental Investments, LLC696,962$48.2M1.76%−67,923−8.9%Reduced
Acadian Asset Management LLC664,936$46.0M0.19%−81,046−10.9%Reduced
Citigroup Inc663,596$45.9M0.06%+232,960+54.1%Added
TB Alternative Assets Ltd.656,600$45.4M11.30%−94,800−12.6%Reduced
Sylebra Capital Ltd633,705$43.8M1.80%−276,173−30.4%Reduced
Jane Street Group, LLC621,615$43.0M0.06%+307,035+97.6%Added
Harvest Fund Management Co., Ltd621,468$43.0M8.64%+100,438+19.3%Added
Prudential PLC618,442$42.8M0.50%−103,542−14.3%Reduced
RWC Asset Management LLP599,962$41.5M2.00%−107,990−15.3%Reduced
Charles Schwab Investment Management Inc588,563$40.7M0.01%−17,934−3.0%Reduced
Penserra Capital Management LLC587,782$40.6M0.80%+148,062+33.7%Added
Origin Asset Management LLP568,547$39.3M15.40%−242,900−29.9%Reduced
Tiger Pacific Capital LP563,248$38.9M10.62%+383,648+213.6%Added