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 |
|---|---|---|---|---|---|
| Origin Asset Management LLP | 860,547 | $84.4M | 28.09% | +292,000+51.4% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 876,210 | $85.9M | 0.44% | +64,687+8.0% | Added |
| IvyRock Asset Management (HK) Ltd | 897,636 | $88.0M | 45.94% | +92,400+11.5% | Added |
| Voloridge Investment Management, LLC | 907,834 | $89.0M | 0.44% | +399,741+78.7% | Added |
| First Manhattan Co | 911,290 | $89.4M | 0.33% | 00.0% | Unchanged |
| Barclays PLC | 953,323 | $93.5M | 0.06% | +188,054+24.6% | Added |
| Credit Suisse AG | 960,144 | $94.2M | 0.10% | +1,382+0.1% | Added |
| 1832 Asset Management L.P. | 1,080,200 | $105.9M | 0.22% | +1,068,200+8,901.7% | Added |
| Matthews International Capital Management LLC | 1,096,238 | $107.5M | 13.00% | +107,359+10.9% | Added |
| California Public Employees Retirement System | 1,114,733 | $109.3M | 0.09% | +325,367+41.2% | Added |
| Perseverance Asset Management International | 1,116,305 | $109.5M | 28.33% | −574,363−34.0% | Reduced |
| Aspex Management (HK) Ltd | 1,134,411 | $111.3M | 3.42% | +1,134,411 | New |
| First Trust Advisors LP | 1,141,430 | $111.9M | 0.13% | +100,231+9.6% | Added |
| Vontobel Holding Ltd. | 1,224,331 | $120.1M | 1.11% | −688,152−36.0% | Reduced |
| Allianz Asset Management GmbH | 1,268,463 | $124.4M | 0.25% | +468,282+58.5% | Added |
| Trivest Advisors Ltd | 1,269,900 | $124.5M | 9.19% | +214,500+20.3% | Added |
| Ameriprise Financial Inc | 1,337,345 | $131.2M | 0.04% | +417,002+45.3% | Added |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 1,368,400 | $134.2M | 0.99% | +1,368,400 | New |
| Deutsche Bank AG | 1,368,474 | $134.2M | 0.09% | −246,349−15.3% | Reduced |
| Swiss National Bank | 1,392,040 | $136.5M | 0.11% | +110,903+8.7% | Added |
| Appaloosa LPSuperinvestorAppaloosa | 1,400,000 | $137.3M | 2.71% | +650,000+86.7% | Added |
| Cederberg Capital Ltd | 1,403,700 | $137.7M | 38.56% | +42,200+3.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,446,606 | $141.9M | 0.12% | +99,379+7.4% | Added |
| Platinum Investment Management Ltd | 1,481,370 | $145.3M | 5.66% | +393,344+36.2% | Added |
| SC China Holding Ltd | 1,592,510 | $156.2M | 16.75% | 00.0% | Unchanged |
| WT Asset Management Ltd | 1,659,378 | $162.7M | 18.07% | +480,036+40.7% | Added |
| Whale Rock Capital Management LLC | 1,670,900 | $163.9M | 3.31% | +828,958+98.5% | Added |
| Bank of New York Mellon Corp | 1,679,760 | $164.7M | 0.04% | +301,141+21.8% | Added |
| Public Investment Fund | 1,703,275 | $167.0M | 0.46% | +531,705+45.4% | Added |
| Pictet Asset Management Holding SA | 1,736,401 | $170.3M | 0.21% | +1,736,401 | New |
| Mirae Asset Global Investments Co., Ltd. | 1,787,604 | $171.4M | 0.38% | −52,308−2.8% | Reduced |
| Great West Life Assurance Co | 4,372,665 | $171.6M | 0.41% | +3,591,932+460.1% | Added |
| Fisher Asset Management, LLC | 1,816,925 | $178.2M | 0.10% | −17,104−0.9% | Reduced |
| RWC Asset Advisors (US) LLC | 1,883,709 | $184.7M | 17.70% | +58,953+3.2% | Added |
| UBS Group AG | 1,884,968 | $184.9M | 0.08% | +399,996+26.9% | Added |
| Genesis Investment Management, LLP | 1,901,410 | $186.5M | 26.04% | −536,177−22.0% | Reduced |
| HSBC Holdings PLC | 1,917,523 | $188.2M | 0.21% | −2,599,554−57.5% | Reduced |
| Newlands Management Operations LLC | 1,949,040 | $191.1M | 2.04% | 00.0% | Unchanged |
| CoreView Capital Management Ltd | 1,962,451 | $192.5M | 21.27% | +517,509+35.8% | Added |
| Northern Trust Corp | 2,008,627 | $197.0M | 0.04% | +237,956+13.4% | Added |
| First Beijing Investment Ltd | 2,221,947 | $217.9M | 41.96% | +147,647+7.1% | Added |
| Nuveen Asset Management, LLC | 2,305,176 | $226.1M | 0.08% | +584,213+33.9% | Added |
| Bank of America Corp | 2,414,295 | $236.8M | 0.03% | +321,930+15.4% | Added |
| Capital Today Evergreen Fund, L.P. | 2,453,900 | $240.7M | 76.30% | +2,453,900 | New |
| Arrowstreet Capital, Limited Partnership | 2,636,270 | $258.5M | 0.31% | +49,111+1.9% | Added |
| Bridgewater Associates, LP | 2,708,921 | $265.7M | 1.61% | −22,591−0.8% | Reduced |
| GQG Partners LLC | 2,869,409 | $281.4M | 0.65% | +2,869,409 | New |
| BNP Paribas Arbitrage, SA | 2,909,805 | $285.4M | 0.63% | +709,589+32.3% | Added |
| Dragoneer Investment Group, LLC | 3,035,418 | $297.7M | 6.85% | +437,684+16.8% | Added |
| Oceanlink Management Ltd. | 3,325,602 | $326.1M | 62.32% | +353,060+11.9% | Added |
| Robeco Institutional Asset Management B.V. | 3,351,915 | $328.7M | 0.88% | +34,943+1.1% | Added |
| Geode Capital Management, LLC | 3,581,249 | $349.6M | 0.04% | +587,450+19.6% | Added |
| Legal & General Group Plc | 3,670,768 | $360.0M | 0.13% | −170,486−4.4% | Reduced |
| Price T Rowe Associates Inc | 4,016,680 | $393.9M | 0.06% | +498,897+14.2% | Added |
| SRS Investment Management, LLC | 4,290,513 | $420.8M | 6.07% | +1,844,111+75.4% | Added |
| E Fund Management Co., Ltd. | 4,654,443 | $456.5M | 34.73% | +87,270+1.9% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 5,158,616 | $505.9M | 19.84% | +456,950+9.7% | Added |
| Goldman Sachs Group Inc | 5,277,407 | $517.6M | 0.13% | −2,278,819−30.2% | Reduced |
| JPMorgan Chase & Co | 5,334,449 | $523.1M | 0.06% | +543,440+11.3% | Added |
| FIL Ltd | 5,496,719 | $539.1M | 0.63% | +2,337,672+74.0% | Added |
| Krane Funds Advisors LLC | 5,837,572 | $572.5M | 23.49% | +710,439+13.9% | Added |
| Norges Bank | 7,164,807 | $702.7M | 0.14% | +1,134,697+18.8% | Added |
| Invesco Ltd. | 7,349,430 | $720.8M | 0.19% | +376,947+5.4% | Added |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 7,350,847 | $720.9M | 16.10% | −821,400−10.1% | Reduced |
| IDG China Venture Capital Fund IV Associates L.P. | 7,705,545 | $755.7M | 98.71% | −477,969−5.8% | Reduced |
| Morgan Stanley | 9,072,397 | $889.7M | 0.09% | −6,358,891−41.2% | Reduced |
| State Street Corp | 10,383,459 | $1.02B | 0.06% | +520,437+5.3% | Added |
| UBS Asset Management Americas Inc | 12,551,449 | $1.23B | 0.55% | +1,527,286+13.9% | Added |
| SC US (TTGP), Ltd. | 14,447,097 | $1.42B | 13.05% | +11,262,075+353.6% | Added |
| FMR LLC | 17,635,104 | $1.73B | 0.15% | +4,334,186+32.6% | Added |
| Vanguard Group Inc | 24,101,615 | $2.36B | 0.06% | +6,637,418+38.0% | Added |
| BlackRock Inc. | 27,875,109 | $2.73B | 0.08% | +3,737,855+15.5% | Added |
| Baillie Gifford & Co | 35,668,170 | $3.50B | 3.19% | +4,501,126+14.4% | Added |
| Canada Pension Plan Investment Board | 0 | $0 | 0.00% | −4,962,806−100.0% | Sold out |
| Alkeon Capital Management LLC | 0 | $0 | 0.00% | −1,513,241−100.0% | Sold out |
| Alpine Investment Management Ltd | 0 | $0 | 0.00% | −925,000−100.0% | Sold out |
| Pictet & Cie (Europe) SA | 0 | $0 | 0.00% | −324,000−100.0% | Sold out |
| Andra AP-fonden | 0 | $0 | 0.00% | −220,400−100.0% | Sold out |
| Driehaus Capital Management LLC | 0 | $0 | 0.00% | −213,508−100.0% | Sold out |
| Yunqi Capital Ltd | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| Snow Lake Management LP | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| Temasek Holdings (Private) Ltd | 0 | $0 | 0.00% | −141,000−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −135,900−100.0% | Sold out |
| Nikko Asset Management Americas, Inc. | 0 | $0 | 0.00% | −106,143−100.0% | Sold out |
| Ardmore Road Asset Management LP | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| Kingdon Capital Management, L.L.C. | 0 | $0 | 0.00% | −97,000−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −95,204−100.0% | Sold out |
| Hidden Lake Asset Management LP | 0 | $0 | 0.00% | −67,180−100.0% | Sold out |
| Jessup Wealth Management, Inc | 0 | $0 | 0.00% | −66,065−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −59,140−100.0% | Sold out |
| Dantai Capital Ltd | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| PEAK6 Investments LLC | 0 | $0 | 0.00% | −40,224−100.0% | Sold out |
| Marathon Trading Investment Management LLC | 0 | $0 | 0.00% | −33,798−100.0% | Sold out |
| RBF Capital, LLC | 0 | $0 | 0.00% | −25,000−100.0% | Sold out |
| Banco Santander, S.A. | 0 | $0 | 0.00% | −23,509−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −20,136−100.0% | Sold out |
| Eisler Capital (US) LLC | 0 | $0 | 0.00% | −19,364−100.0% | Sold out |
| Harvest Volatility Management LLC | 0 | $0 | 0.00% | −18,529−100.0% | Sold out |
| Tekne Capital Management, LLC | 0 | $0 | 0.00% | −17,577−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −17,510−100.0% | Sold out |