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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
Janney Montgomery Scott LLC24,257$2.38M0.01%−4,214−14.8%Reduced
Oberweis Asset Management Inc25,000$2.45M0.26%+9,000+56.3%Added
Tudor Investment Corp Et Al25,049$2.46M0.04%−73,840−74.7%Reduced
Octahedron Capital Management L.P.25,500$2.50M3.45%−32,600−56.1%Reduced
Abn Amro Investment Solutions25,600$2.51M0.05%−2,300−8.2%Reduced
Camarda Financial Advisors, LLC25,680$2.52M1.63%+25,680New
Gsa Capital Partners LLP25,855$2.54M0.22%+8,659+50.4%Added
Eaton Financial Holdings Company, LLC26,100$2.56M0.69%+26,100New
Lombard Odier Asset Management (Europe) Ltd26,233$2.57M0.13%+26,233New
Pacer Advisors, Inc.26,862$2.63M0.01%+8,776+48.5%Added
Quaero Capital S.A.28,482$2.79M2.66%+12,948+83.4%Added
ExodusPoint Capital Management, LP29,199$2.86M0.04%+24,815+566.0%Added
Mackenzie Financial Corp30,079$2.94M0.00%+14,954+98.9%Added
TD Asset Management Inc30,700$3.01M0.00%+7,500+32.3%Added
UBS Oconnor LLC30,964$3.04M0.05%−23,675−43.3%Reduced
UniSuper Management Pty Ltd31,200$3.06M0.04%+31,200New
Van Eck Associates Corp31,337$3.07M0.01%−1,443−4.4%Reduced
Twinbeech Capital LP31,477$3.09M0.06%−190,817−85.8%Reduced
B. Metzler seel. Sohn & Co. AG31,682$3.11M0.05%−18,710−37.1%Reduced
Yousif Capital Management, LLC31,714$3.11M0.04%+1,800+6.0%Added
Eschler Asset Management LLP32,849$3.22M3.76%+1,349+4.3%Added
TD Waterhouse Canada Inc.24,074$3.28M0.03%+24,073+2,407,300.0%Added
O'Shaughnessy Asset Management, LLC33,651$3.30M0.05%+7,086+26.7%Added
AMS Capital Ltda34,031$3.34M3.70%00.0%Unchanged
QVT Financial LP34,861$3.42M0.20%00.0%Unchanged
Alps Advisors Inc35,256$3.46M0.03%−3,568−9.2%Reduced
Crossmark Global Holdings, Inc.31,788$3.48M0.08%+4,543+16.7%Added
IFM Investors Pty Ltd35,511$3.48M0.05%+10,447+41.7%Added
Atria Wealth Solutions, Inc.36,364$3.57M0.05%+36,364New
Cubist Systematic Strategies, LLC36,808$3.61M0.04%+6,760+22.5%Added
SG Americas Securities, LLC36,899$3.62M0.05%−60,050−61.9%Reduced
Shell Asset Management Co37,384$3.67M0.15%+920+2.5%Added
Rockefeller Capital Management L.P.37,945$3.72M0.01%+22,297+142.5%Added
Light Street Capital Management, LLC38,235$3.75M1.10%+38,235New
Parametrica Management Ltd41,400$4.06M6.83%+16,700+67.6%Added
Maxi Investments CY Ltd41,485$4.07M1.88%00.0%Unchanged
Growth Interface Management LLC42,000$4.12M6.44%−63,000−60.0%Reduced
China Universal Asset Management Co., Ltd.42,595$4.18M1.21%+16,266+61.8%Added
Liontrust Investment Partners LLP45,000$4.41M0.07%+45,000New
Daiwa Securities Group Inc.46,930$4.60M0.03%+6,836+17.0%Added
Wells Fargo & Company47,241$4.63M0.00%+4,236+9.9%Added
Seldon Capital LP48,226$4.73M4.40%00.0%Unchanged
Gulf International Bank (UK) Ltd49,540$4.86M0.14%+3,079+6.6%Added
BI Asset Management Fondsmaeglerselskab A/S49,977$4.90M0.11%+3,406+7.3%Added
SPX Equities Gestao de Recursos Ltda50,000$4.90M0.26%+50,000New
Banque Cantonale Vaudoise50,012$4.91M0.25%−90−0.2%Reduced
Point72 Hong Kong Ltd50,509$4.95M1.38%−172,872−77.4%Reduced
Susquehanna International Group, LLP50,947$5.00M0.01%−975,268−95.0%Reduced
American International Group, Inc.51,193$5.02M0.03%+11,483+28.9%Added
Ensign Peak Advisors, Inc51,450$5.05M0.01%00.0%Unchanged
Louisiana State Employees Retirement System51,500$5.05M0.12%+13,300+34.8%Added
Veritas Asset Management LLP52,050$5.10M0.04%−249,250−82.7%Reduced
Boussard & Gavaudan Investment Management LLP53,705$5.29M0.62%+53,705New
New Silk Road Investment Pte Ltd58,300$5.72M11.35%+58,300New
Optimas Capital Ltd60,600$5.94M4.08%+60,600New
La Banque Postale Asset Management SA61,225$6.00M0.13%−28,705−31.9%Reduced
Panagora Asset Management Inc61,593$6.04M0.04%+70+0.1%Added
iA Global Asset Management Inc.61,917$6.07M0.16%+14,915+31.7%Added
Qtron Investments LLC62,565$6.14M1.17%+11,331+22.1%Added
Northwest & Ethical Investments L.P.63,138$6.19M0.21%+29,695+88.8%Added
Thrivent Financial for Lutherans63,613$6.24M0.01%−4,077−6.0%Reduced
Pinebridge Investments, L.P.64,251$6.30M0.07%+8,829+15.9%Added
Twenty Acre Capital LP65,000$6.37M6.93%−32,400−33.3%Reduced
Shelton Capital Management65,425$6.42M0.24%+16,451+33.6%Added
Armistice Capital, LLC68,000$6.67M0.20%+68,000New
ING Groep NV70,153$6.88M0.06%+29,076+70.8%Added
Voya Investment Management LLC70,951$6.96M0.01%+22,058+45.1%Added
CMT Capital Markets Trading GmbH75,000$7.36M4.19%−25,000−25.0%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main75,193$7.37M0.01%−33,205−30.6%Reduced
Putnam Investments LLC75,603$7.41M0.01%−59,971−44.2%Reduced
Profund Advisors LLC77,983$7.65M0.42%+18,062+30.1%Added
Edmond de Rothschild Holding S.A.83,797$8.22M0.17%−22,522−21.2%Reduced
Nomura Asset Management Co Ltd84,443$8.28M0.04%+12,986+18.2%Added
Rafferty Asset Management, LLC84,767$8.31M0.05%−4,619−5.2%Reduced
Orland Properties Ltd85,000$8.34M4.41%00.0%Unchanged
Compagnie Lombard Odier SCmA85,457$8.38M0.19%+84,907+15,437.6%Added
Ramirez Asset Management, Inc.88,538$8.68M1.87%+88,538New
Advisor Group Holdings, Inc.89,959$8.82M0.01%+32,161+55.6%Added
Strategic Vision Investment Ltd94,013$9.22M8.91%+94,013New
Old Well Partners, LLC96,000$9.41M8.16%−37,000−27.8%Reduced
Rhumbline Advisers102,131$10.0M0.01%+22,313+28.0%Added
Sumitomo Mitsui DS Asset Management Company, Ltd102,479$10.1M0.16%+4,100+4.2%Added
CIBC Asset Management Inc102,882$10.1M0.04%+26,149+34.1%Added
Janus Henderson Group PLC106,643$10.5M0.01%00.0%Unchanged
Virginia Retirement Systems Et Al108,800$10.7M0.11%+10,900+11.1%Added
Massachusetts Financial Services Co109,608$10.7M0.00%−23,169−17.4%Reduced
Los Angeles Capital Management LLC110,620$10.8M0.05%+66,748+152.1%Added
Wealth High Governance Capital Ltda120,000$11.8M4.09%+80,000+200.0%Added
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV120,000$11.8M0.96%+120,000New
Apeiron Capital Ltd121,970$12.0M8.01%−138,425−53.2%Reduced
AlpInvest Partners B.V.122,616$12.0M3.16%+48,279+64.9%Added
Scge Management, L.P.122,818$12.0M0.31%00.0%Unchanged
All-Stars Investment Ltd127,000$12.5M4.65%00.0%Unchanged
Asset Management One Co.,Ltd.127,842$12.5M0.06%−28,062−18.0%Reduced
FACT Capital, LP128,459$12.6M5.00%+128,459New
SEI Investments Co130,243$12.8M0.02%+18,989+17.1%Added
California State Teachers Retirement System130,519$12.8M0.02%+6,318+5.1%Added
Macquarie Group Ltd130,971$12.8M0.02%+5,829+4.7%Added
New York State Common Retirement Fund131,982$12.9M0.02%−3,300−2.4%Reduced
Tiger Pacific Capital LP137,298$13.5M3.51%−425,950−75.6%Reduced