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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, Q3 2023

Institutional positions in PDD Holdings Inc. as of Sep 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
473
+25 vs. Q2 2023
Shares held
367.6M
+32.9M (+9.8%) vs. Q2 2023
Total value
$35.8B
+$12.6B (+54.6%) vs. Q2 2023
New holders
88
212 more added
Sold out
63
123 more reduced

4 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2023: 473 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: 560 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ3 2023: $35.8B
Q1 2021: $31.9BQ2 2021: $31.8BQ3 2021: $24.7BQ4 2021: $15.7BQ1 2022: $11.0BQ2 2022: $17.7BQ3 2022: $19.2BQ4 2022: $26.5BQ1 2023: $25.9BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $55.8BQ1 2024: $44.2BQ2 2024: $57.6BQ3 2024: $55.8BQ4 2024: $39.5BQ1 2025: $49.1BQ2 2025: $42.9BQ3 2025: $53.9BQ4 2025: $49.6BQ1 2026: $43.4BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.4B
Q4 2025574$49.6B
Q3 2025560$53.9B
Q2 2025537$42.9B
Q1 2025584$49.1B
Q4 2024587$39.5B
Q3 2024602$55.8B
Q2 2024646$57.6B
Q1 2024577$44.2B
Q4 2023584$55.8B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$25.9B
Q4 2022451$26.5B
Q3 2022411$19.2B
Q2 2022394$17.7B
Q1 2022353$11.0B
Q4 2021362$15.7B
Q3 2021396$24.7B
Q2 2021415$31.8B
Q1 2021442$31.9B

Institutions, Q3 2023

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2023.

Institutions holding PDD in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
US Bancorp4,587$449.8K0.00%−1,064−18.8%Reduced
Agf Management Ltd4,721$463.0K0.00%+4,721New
Wahed Invest LLC4,893$479.9K0.16%+1,523+45.2%Added
Hongkou Capital LP4,925$483.0K2.04%−6,300−56.1%Reduced
Veriti Management LLC4,962$486.6K0.06%+181+3.8%Added
Balentine LLC4,982$488.6K0.02%+476+10.6%Added
Deuterium Capital Management, LLC5,000$490.4K1.18%+5,000New
Ieq Capital, LLC5,259$515.8K0.01%+870+19.8%Added
AE Wealth Management LLC5,527$542.0K0.00%+5,527New
Banco BTG Pactual S.A.5,576$546.8K0.22%+5,576New
Formula Growth Ltd5,600$549.2K0.19%00.0%Unchanged
LifePro Asset Management5,665$555.6K0.46%+5,665New
J.W. Cole Advisors, Inc.5,774$566.3K0.04%+5,774New
ICICI Prudential Asset Management Co Ltd5,797$568.5K0.07%+1,646+39.7%Added
Insight Advisors, LLC5,825$571.3K0.13%+55+1.0%Added
Pathstone Family Office, LLC5,827$571.5K0.00%+1,960+50.7%Added
Siemens Fonds Invest GmbH5,866$575.3K0.06%−3,218−35.4%Reduced
Whittier Trust Co5,882$576.8K0.01%+305+5.5%Added
Edgestream Partners, L.P.5,966$585.1K0.05%+5,966New
Advisor Partners II, LLC6,044$592.7K0.02%+2,950+95.3%Added
Connectus Wealth, LLC6,262$614.1K0.01%−3,249−34.2%Reduced
Handelsinvest Investeringsforvaltning6,298$618.0K0.21%−10,988−63.6%Reduced
Banque Pictet & Cie SA6,355$623.2K0.01%00.0%Unchanged
Cresset Asset Management, LLC6,570$644.3K0.00%−16−0.2%Reduced
CI Private Wealth, LLC6,798$666.7K0.00%+133+2.0%Added
Quadrant Capital Group LLC6,958$682.4K0.07%+845+13.8%Added
MML Investors Services, LLC6,961$683.0K0.00%+6,961New
Norinchukin Bank, The7,015$688.0K0.02%−734−9.5%Reduced
Employees Retirement System of Texas7,037$690.0K0.01%−6,868−49.4%Reduced
Vident Advisory, LLC7,061$692.5K0.02%+7,061New
Northwestern Mutual Wealth Management Co7,210$707.1K0.00%+3,052+73.4%Added
Verition Fund Management LLC7,303$716.2K0.01%−19,500−72.8%Reduced
Fred Alger Management, LLC7,500$735.5K0.00%+3,013+67.1%Added
Squarepoint Ops LLC7,996$784.2K0.00%−392,984−98.0%Reduced
Capital Markets Trading UK LLP8,068$791.0K0.69%+3,497+76.5%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.8,135$798.0K0.00%00.0%Unchanged
O'Neil Global Advisors, Inc.8,275$812.0K0.74%+8,275New
Sicart Associates LLC8,417$825.5K0.32%−4,200−33.3%Reduced
State of Wyoming8,500$833.6K0.18%+8,500New
Itau Unibanco Holding S.A.8,700$853.2K0.04%+8,700New
Raymond James & Associates8,736$856.7K0.00%+5,330+156.5%Added
Mercer Global Advisors Inc8,736$857.0K0.00%+929+11.9%Added
Migdal Insurance & Financial Holdings Ltd.9,000$858.0K0.02%−840−8.5%Reduced
Cutler Group LP8,755$858.0K0.14%+2,673+43.9%Added
Prospera Financial Services Inc8,832$866.1K0.03%+8,832New
Oppenheimer & Co Inc9,374$919.3K0.02%−7,254−43.6%Reduced
Signaturefd, LLC9,868$967.8K0.03%−30.0%Reduced
Aperture Investors, LLC10,149$995.3K0.16%−15,838−60.9%Reduced
Aigen Investment Management, LP10,183$998.6K0.19%+10,183New
JustInvest LLC10,299$1.01M0.03%+1,263+14.0%Added
Altfest L J & Co Inc10,432$1.02M0.16%+2,672+34.4%Added
Cerity Partners LLC10,535$1.03M0.01%+5,399+105.1%Added
STF Management LP10,642$1.04M0.55%+6,622+164.7%Added
Engineers Gate Manager LP10,690$1.05M0.04%−28,316−72.6%Reduced
Capstone Investment Advisors, LLC11,311$1.11M0.03%−27,808−71.1%Reduced
Nissay Asset Management Corp11,355$1.11M0.01%+4,800+73.2%Added
AnglePoint Asset Management Ltd11,400$1.12M1.43%−107,090−90.4%Reduced
Brinker Capital Investments, LLC11,773$1.15M0.01%+4,472+61.3%Added
Orion Portfolio Solutions, LLC11,773$1.15M0.01%+4,472+61.3%Added
LPL Financial LLC11,882$1.17M0.00%+2,153+22.1%Added
Cigna Investments Inc11,903$1.17M0.27%+2,224+23.0%Added
Ritholtz Wealth Management12,015$1.18M0.05%+3,385+39.2%Added
QRG Capital Management, Inc.12,418$1.22M0.02%+12,418New
Creative Planning12,542$1.23M0.00%+1,764+16.4%Added
Wetherby Asset Management Inc12,775$1.25M0.07%+341+2.7%Added
CastleKnight Management LP13,000$1.27M0.22%+2,200+20.4%Added
Dai-Ichi Life Insurance Company, Ltd13,032$1.28M0.03%−2,320−15.1%Reduced
Mariner, LLC13,347$1.31M0.00%+4,546+51.7%Added
Churchill Management Corp13,495$1.32M0.02%+13,495New
Henry James International Management, Inc.13,798$1.35M0.59%+5,193+60.3%Added
Desjardins Global Asset Management Inc.13,940$1.37M0.15%+2,050+17.2%Added
Colony Group LLC13,954$1.37M0.02%+822+6.3%Added
Dymon Asia Capital (Singapore) Pte. Ltd.13,973$1.37M2.36%−24,764−63.9%Reduced
Parallax Volatility Advisers, L.P.14,322$1.40M0.05%−1,394,298−99.0%Reduced
AustralianSuper Pty Ltd14,503$1.42M0.01%+716+5.2%Added
Erste Asset Management GmbH15,000$1.43M0.02%+15,000New
Maytus Capital Management, LLC15,000$1.47M0.82%−31,000−67.4%Reduced
TCW Group Inc15,000$1.47M0.02%+4,000+36.4%Added
Advisory Services Network, LLC15,677$1.54M0.04%+6,397+68.9%Added
Commonwealth Equity Services, LLC15,840$1.55M0.00%−68,540−81.2%Reduced
Federation des caisses Desjardins du Quebec15,993$1.57M0.02%−12,839−44.5%Reduced
Intech Investment Management LLC16,464$1.61M0.02%+589+3.7%Added
Knights of Columbus Asset Advisors LLC17,735$1.74M0.16%+83+0.5%Added
Ameritas Investment Partners, Inc.18,038$1.77M0.07%+4,786+36.1%Added
Cetera Advisors LLC18,559$1.82M0.03%+18,559New
Schonfeld Strategic Advisors LLC18,739$1.84M0.02%−92,261−83.1%Reduced
Envestnet Asset Management Inc19,061$1.87M0.00%−4,710−19.8%Reduced
Nishkama Capital, LLC19,374$1.90M0.63%−31,263−61.7%Reduced
Artisan Partners Limited Partnership20,000$1.96M0.00%+20,000New
NEOS Investment Management LLC21,012$2.06M0.26%+21,012New
CIBC World Markets Inc.21,234$2.08M0.01%+17,147+419.5%Added
Lombard Odier Asset Management (Switzerland) SA21,487$2.11M0.34%+21,487New
Capital Fund Management S.A.21,564$2.11M0.03%−99,443−82.2%Reduced
Morningstar Investment Management LLC21,747$2.13M0.29%−1,289−5.6%Reduced
Top Ace Asset Management Ltd21,800$2.14M8.44%−39,950−64.7%Reduced
Caption Management, LLC22,000$2.16M0.28%+22,000New
Rock Creek Group, LP22,893$2.25M0.29%+16,494+257.8%Added
Bayesian Capital Management, LP23,000$2.26M0.26%+1,100+5.0%Added
D. E. Shaw & Co., Inc.23,907$2.34M0.00%−212,708−89.9%Reduced
Tower Research Capital LLC (TRC)24,098$2.36M0.07%+11,324+88.6%Added