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.
| 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, Q3 2023
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 140,177 | $13.7M | 0.60% | +6,120+4.6% | Added |
| Jupiter Asset Management Ltd | 141,752 | $13.9M | 0.15% | +114,246+415.3% | Added |
| State of New Jersey Common Pension Fund D | 144,858 | $14.2M | 0.05% | +19,819+15.9% | Added |
| Guggenheim Capital LLC | 146,714 | $14.4M | 0.12% | +26,705+22.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 150,000 | $14.7M | 0.08% | +66,235+79.1% | Added |
| H&H International Investment, LLCSuperinvestorH&H International Investment | 150,000 | $14.7M | 0.11% | +150,000 | New |
| Contrarius Investment Management Ltd | 150,603 | $14.8M | 0.83% | +96,844+180.1% | Added |
| Nan Fung Trinity (HK) Ltd | 153,300 | $15.0M | 2.71% | +153,300 | New |
| Teacher Retirement System of Texas | 158,766 | $15.6M | 0.10% | +12,865+8.8% | Added |
| National Pension Service | 176,241 | $16.6M | 0.03% | −3,445−1.9% | Reduced |
| Mane Global Capital Management LP | 169,756 | $16.6M | 1.49% | +169,756 | New |
| Ci Investments Inc. | 172,036 | $16.9M | 0.09% | −52,470−23.4% | Reduced |
| La Financiere de L'Echiquier | 178,000 | $17.5M | 0.90% | −24,000−11.9% | Reduced |
| Two Sigma Advisers, LP | 185,100 | $18.2M | 0.05% | −196,800−51.5% | Reduced |
| Jennison Associates LLC | 186,712 | $18.3M | 0.02% | −20,850−10.0% | Reduced |
| Franklin Resources Inc | 198,857 | $19.5M | 0.01% | −48,079−19.5% | Reduced |
| RV Capital GmbH | 199,100 | $19.5M | 5.96% | +199,100 | New |
| M&G Investment Management Ltd | 200,926 | $19.7M | 0.14% | +31,140+18.3% | Added |
| KBC Group NV | 202,229 | $19.8M | 0.08% | −71,219−26.0% | Reduced |
| 3G Capital Partners LP | 205,000 | $20.1M | 11.18% | +155,000+310.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 206,242 | $20.2M | 0.09% | −12,947−5.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 214,300 | $21.0M | 0.10% | +214,300 | New |
| British Columbia Investment Management Corp | 238,000 | $23.3M | 0.22% | +35,600+17.6% | Added |
| Value Star Asset Management (Hong Kong) Ltd | 238,818 | $23.4M | 8.26% | +40,300+20.3% | Added |
| DnB Asset Management AS | 244,394 | $24.0M | 0.14% | +11,409+4.9% | Added |
| Wellington Management Group LLP | 247,957 | $24.3M | 0.00% | −12,642−4.9% | Reduced |
| Sequoia China Equity Partners (Hong Kong) Ltd | 250,000 | $24.5M | 6.36% | −750,000−75.0% | Reduced |
| Citadel Advisors LLC | 251,999 | $24.7M | 0.03% | +96,951+62.5% | Added |
| Tree Line Advisors (Hong Kong) Ltd. | 260,000 | $25.5M | 10.87% | +260,000 | New |
| Yong Rong (HK) Asset Management Ltd | 260,300 | $25.5M | 23.60% | +260,300 | New |
| Moore Capital Management, LP | 262,805 | $25.8M | 0.70% | +262,805 | New |
| Oversea-Chinese Banking CORP Ltd | 268,936 | $26.4M | 1.21% | −17,332−6.1% | Reduced |
| Nordea Investment Management AB | 277,045 | $27.2M | 0.04% | +41,892+17.8% | Added |
| Alliancebernstein L.P. | 279,672 | $27.4M | 0.01% | +263,981+1,682.4% | Added |
| Blue Creek Capital Management Ltd | 287,500 | $28.2M | 21.93% | −78,000−21.3% | Reduced |
| Prudential Financial Inc | 288,411 | $28.3M | 0.04% | +34,930+13.8% | Added |
| Brilliance Asset Management Ltd | 293,018 | $28.7M | 7.25% | −3,000−1.0% | Reduced |
| TB Alternative Assets Ltd. | 294,000 | $28.8M | 7.83% | −362,600−55.2% | Reduced |
| Neuberger Berman Group LLC | 296,485 | $29.1M | 0.03% | −77,689−20.8% | Reduced |
| Adams Street Partners LLC | 298,150 | $29.2M | 10.21% | +298,150 | New |
| AXA S.A. | 312,304 | $30.6M | 0.11% | −93,403−23.0% | Reduced |
| Public Sector Pension Investment Board | 315,774 | $31.0M | 0.23% | +31,400+11.0% | Added |
| American Century Companies Inc | 316,668 | $31.1M | 0.02% | +78,856+33.2% | Added |
| National Bank of Canada | 316,899 | $31.6M | 0.06% | −611,580−65.9% | Reduced |
| Candriam Luxembourg S.C.A. | 326,000 | $32.0M | 0.26% | +49,200+17.8% | Added |
| Swedbank AB | 327,815 | $32.1M | 0.06% | +41,400+14.5% | Added |
| Keywise Capital Management (HK) Ltd | 339,700 | $33.3M | 5.52% | +258,900+320.4% | Added |
| Hel Ved Capital Management Ltd | 342,000 | $33.5M | 11.19% | +322,400+1,644.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 346,100 | $33.9M | 0.07% | +74,299+27.3% | Added |
| Lord, Abbett & Co. LLC | 355,430 | $34.9M | 0.13% | +351,671+9,355.4% | Added |
| Library Research Ltd | 357,302 | $35.0M | 50.64% | 00.0% | Unchanged |
| Storebrand Asset Management AS | 365,449 | $35.8M | 0.17% | +14,430+4.1% | Added |
| Aviva PLC | 372,015 | $36.5M | 0.15% | +60,200+19.3% | Added |
| Pinpoint Asset Management Ltd | 373,189 | $36.6M | 8.57% | +92,584+33.0% | Added |
| Alberta Investment Management Corp | 380,852 | $37.4M | 0.40% | +65,080+20.6% | Added |
| Man Group plc | – | $37.9M | 0.12% | – | – |
| DekaBank Deutsche Girozentrale | 391,459 | $39.0M | 0.09% | +22,914+6.2% | Added |
| Russell Investments Group, Ltd. | 414,314 | $40.4M | 0.08% | −130,600−24.0% | Reduced |
| Korea Investment CORP | 412,787 | $40.5M | 0.12% | +47,400+13.0% | Added |
| USS Investment Management Ltd | 439,962 | $43.2M | 0.47% | +34,286+8.5% | Added |
| Manufacturers Life Insurance Company, The | 450,105 | $44.1M | 0.03% | +33,476+8.0% | Added |
| Handelsbanken Fonder AB | 452,142 | $44.3M | 0.25% | −2,467−0.5% | Reduced |
| Polar Capital Holdings Plc | 457,248 | $44.8M | 0.33% | +453,067+10,836.3% | Added |
| Citigroup Inc | 470,443 | $46.1M | 0.07% | −193,153−29.1% | Reduced |
| Marshall Wace, LLP | 477,366 | $46.8M | 0.10% | −1,056,422−68.9% | Reduced |
| Nomura Holdings Inc | 481,456 | $47.2M | 0.51% | −415,765−46.3% | Reduced |
| Thunderbird Partners LLP | 487,660 | $47.8M | 11.98% | +487,660 | New |
| Lazard Asset Management LLC | 511,601 | $50.2M | 0.07% | +100,606+24.5% | Added |
| Barings LLC | 517,941 | $50.8M | 1.73% | 00.0% | Unchanged |
| Royal Bank of Canada | 521,932 | $51.2M | 0.01% | +77,152+17.3% | Added |
| Standard Life Aberdeen plc | 538,279 | $52.8M | 0.13% | +91,572+20.5% | Added |
| RWC Asset Management LLP | 558,301 | $54.8M | 3.57% | −41,661−6.9% | Reduced |
| E Fund Management (Hong Kong) Co., Ltd. | 559,853 | $54.9M | 34.55% | +84,460+17.8% | Added |
| Penserra Capital Management LLC | 563,907 | $55.3M | 1.14% | −23,875−4.1% | Reduced |
| Assenagon Asset Management S.A. | 601,700 | $59.0M | 0.21% | −4,818,878−88.9% | Reduced |
| Principal Financial Group Inc | 622,684 | $61.1M | 0.04% | −626,931−50.2% | Reduced |
| Coronation Fund Managers Ltd. | 627,699 | $61.6M | 1.85% | −299,001−32.3% | Reduced |
| Sylebra Capital Ltd | 636,721 | $62.4M | 3.32% | +3,016+0.5% | Added |
| Sylebra Capital LLC | 636,721 | $62.4M | 3.32% | +636,721 | New |
| Altimeter Capital Management, LPSuperinvestorAltimeter Capital | 646,280 | $63.4M | 1.20% | +646,280 | New |
| Prudential PLC | 659,575 | $64.7M | 0.75% | +41,133+6.7% | Added |
| Causeway Capital Management LLC | 663,897 | $65.1M | 1.72% | −164,298−19.8% | Reduced |
| Schroder Investment Management Group | 665,829 | $65.3M | 0.10% | −38,950−5.5% | Reduced |
| ProShare Advisors LLC | 667,589 | $65.5M | 0.20% | +111,571+20.1% | Added |
| Kora Management LP | 679,250 | $66.6M | 17.21% | +406,500+149.0% | Added |
| Susquehanna Fundamental Investments, LLC | 696,962 | $68.4M | 4.44% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 701,229 | $68.8M | 0.29% | +36,293+5.5% | Added |
| Millennium Management LLC | 704,476 | $69.1M | 0.07% | −490,366−41.0% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 705,969 | $69.2M | 0.17% | −21,065−2.9% | Reduced |
| Franchise Capital Ltd | 715,636 | $70.2M | 25.12% | −128,000−15.2% | Reduced |
| Dimensional Fund Advisors LP | 721,853 | $70.8M | 0.02% | +317,316+78.4% | Added |
| Jane Street Group, LLC | 723,245 | $70.9M | 0.11% | +101,630+16.3% | Added |
| APG Asset Management N.V. | 765,028 | $75.0M | 0.15% | −39,100−4.9% | Reduced |
| Harvest Fund Management Co., Ltd | 779,889 | $76.5M | 13.36% | +158,421+25.5% | Added |
| Keystone Investors Pte Ltd | 781,029 | $76.6M | 9.11% | +387,507+98.5% | Added |
| Tairen Capital Ltd | 785,288 | $77.0M | 10.83% | −1,768,461−69.2% | Reduced |
| Charles Schwab Investment Management Inc | 801,931 | $78.6M | 0.02% | +213,368+36.3% | Added |
| Fullerton Fund Management Co Ltd. | 806,419 | $79.1M | 5.54% | −311,612−27.9% | Reduced |
| AQR Capital Management LLC | 808,589 | $79.3M | 0.16% | +109,855+15.7% | Added |
| Victory Capital Management Inc | 860,389 | $84.4M | 0.10% | +64,229+8.1% | Added |