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 |
|---|---|---|---|---|---|
| E Fund Management (Hong Kong) Co., Ltd. | 559,853 | $54.9M | 34.55% | +84,460+17.8% | Added |
| RWC Asset Management LLP | 558,301 | $54.8M | 3.57% | −41,661−6.9% | Reduced |
| Standard Life Aberdeen plc | 538,279 | $52.8M | 0.13% | +91,572+20.5% | Added |
| Royal Bank of Canada | 521,932 | $51.2M | 0.01% | +77,152+17.3% | Added |
| Barings LLC | 517,941 | $50.8M | 1.73% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 511,601 | $50.2M | 0.07% | +100,606+24.5% | Added |
| Thunderbird Partners LLP | 487,660 | $47.8M | 11.98% | +487,660 | New |
| Nomura Holdings Inc | 481,456 | $47.2M | 0.51% | −415,765−46.3% | Reduced |
| Marshall Wace, LLP | 477,366 | $46.8M | 0.10% | −1,056,422−68.9% | Reduced |
| Citigroup Inc | 470,443 | $46.1M | 0.07% | −193,153−29.1% | Reduced |
| Polar Capital Holdings Plc | 457,248 | $44.8M | 0.33% | +453,067+10,836.3% | Added |
| Handelsbanken Fonder AB | 452,142 | $44.3M | 0.25% | −2,467−0.5% | Reduced |
| Manufacturers Life Insurance Company, The | 450,105 | $44.1M | 0.03% | +33,476+8.0% | Added |
| USS Investment Management Ltd | 439,962 | $43.2M | 0.47% | +34,286+8.5% | Added |
| Korea Investment CORP | 412,787 | $40.5M | 0.12% | +47,400+13.0% | Added |
| Russell Investments Group, Ltd. | 414,314 | $40.4M | 0.08% | −130,600−24.0% | Reduced |
| DekaBank Deutsche Girozentrale | 391,459 | $39.0M | 0.09% | +22,914+6.2% | Added |
| Man Group plc | – | $37.9M | 0.12% | – | – |
| Alberta Investment Management Corp | 380,852 | $37.4M | 0.40% | +65,080+20.6% | Added |
| Pinpoint Asset Management Ltd | 373,189 | $36.6M | 8.57% | +92,584+33.0% | Added |
| Aviva PLC | 372,015 | $36.5M | 0.15% | +60,200+19.3% | Added |
| Storebrand Asset Management AS | 365,449 | $35.8M | 0.17% | +14,430+4.1% | Added |
| Library Research Ltd | 357,302 | $35.0M | 50.64% | 00.0% | Unchanged |
| Lord, Abbett & Co. LLC | 355,430 | $34.9M | 0.13% | +351,671+9,355.4% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 346,100 | $33.9M | 0.07% | +74,299+27.3% | Added |
| Hel Ved Capital Management Ltd | 342,000 | $33.5M | 11.19% | +322,400+1,644.9% | Added |
| Keywise Capital Management (HK) Ltd | 339,700 | $33.3M | 5.52% | +258,900+320.4% | Added |
| Swedbank AB | 327,815 | $32.1M | 0.06% | +41,400+14.5% | Added |
| Candriam Luxembourg S.C.A. | 326,000 | $32.0M | 0.26% | +49,200+17.8% | Added |
| National Bank of Canada | 316,899 | $31.6M | 0.06% | −611,580−65.9% | Reduced |
| American Century Companies Inc | 316,668 | $31.1M | 0.02% | +78,856+33.2% | Added |
| Public Sector Pension Investment Board | 315,774 | $31.0M | 0.23% | +31,400+11.0% | Added |
| AXA S.A. | 312,304 | $30.6M | 0.11% | −93,403−23.0% | Reduced |
| Adams Street Partners LLC | 298,150 | $29.2M | 10.21% | +298,150 | New |
| Neuberger Berman Group LLC | 296,485 | $29.1M | 0.03% | −77,689−20.8% | Reduced |
| TB Alternative Assets Ltd. | 294,000 | $28.8M | 7.83% | −362,600−55.2% | Reduced |
| Brilliance Asset Management Ltd | 293,018 | $28.7M | 7.25% | −3,000−1.0% | Reduced |
| Prudential Financial Inc | 288,411 | $28.3M | 0.04% | +34,930+13.8% | Added |
| Blue Creek Capital Management Ltd | 287,500 | $28.2M | 21.93% | −78,000−21.3% | Reduced |
| Alliancebernstein L.P. | 279,672 | $27.4M | 0.01% | +263,981+1,682.4% | Added |
| Nordea Investment Management AB | 277,045 | $27.2M | 0.04% | +41,892+17.8% | Added |
| Oversea-Chinese Banking CORP Ltd | 268,936 | $26.4M | 1.21% | −17,332−6.1% | Reduced |
| Moore Capital Management, LP | 262,805 | $25.8M | 0.70% | +262,805 | New |
| Yong Rong (HK) Asset Management Ltd | 260,300 | $25.5M | 23.60% | +260,300 | New |
| Tree Line Advisors (Hong Kong) Ltd. | 260,000 | $25.5M | 10.87% | +260,000 | New |
| Citadel Advisors LLC | 251,999 | $24.7M | 0.03% | +96,951+62.5% | Added |
| Sequoia China Equity Partners (Hong Kong) Ltd | 250,000 | $24.5M | 6.36% | −750,000−75.0% | Reduced |
| Wellington Management Group LLP | 247,957 | $24.3M | 0.00% | −12,642−4.9% | Reduced |
| DnB Asset Management AS | 244,394 | $24.0M | 0.14% | +11,409+4.9% | Added |
| Value Star Asset Management (Hong Kong) Ltd | 238,818 | $23.4M | 8.26% | +40,300+20.3% | Added |
| British Columbia Investment Management Corp | 238,000 | $23.3M | 0.22% | +35,600+17.6% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 214,300 | $21.0M | 0.10% | +214,300 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 206,242 | $20.2M | 0.09% | −12,947−5.9% | Reduced |
| 3G Capital Partners LP | 205,000 | $20.1M | 11.18% | +155,000+310.0% | Added |
| KBC Group NV | 202,229 | $19.8M | 0.08% | −71,219−26.0% | Reduced |
| M&G Investment Management Ltd | 200,926 | $19.7M | 0.14% | +31,140+18.3% | Added |
| RV Capital GmbH | 199,100 | $19.5M | 5.96% | +199,100 | New |
| Franklin Resources Inc | 198,857 | $19.5M | 0.01% | −48,079−19.5% | Reduced |
| Jennison Associates LLC | 186,712 | $18.3M | 0.02% | −20,850−10.0% | Reduced |
| Two Sigma Advisers, LP | 185,100 | $18.2M | 0.05% | −196,800−51.5% | Reduced |
| La Financiere de L'Echiquier | 178,000 | $17.5M | 0.90% | −24,000−11.9% | Reduced |
| Ci Investments Inc. | 172,036 | $16.9M | 0.09% | −52,470−23.4% | Reduced |
| Mane Global Capital Management LP | 169,756 | $16.6M | 1.49% | +169,756 | New |
| National Pension Service | 176,241 | $16.6M | 0.03% | −3,445−1.9% | Reduced |
| Teacher Retirement System of Texas | 158,766 | $15.6M | 0.10% | +12,865+8.8% | Added |
| Nan Fung Trinity (HK) Ltd | 153,300 | $15.0M | 2.71% | +153,300 | New |
| Contrarius Investment Management Ltd | 150,603 | $14.8M | 0.83% | +96,844+180.1% | 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 |
| Guggenheim Capital LLC | 146,714 | $14.4M | 0.12% | +26,705+22.3% | Added |
| State of New Jersey Common Pension Fund D | 144,858 | $14.2M | 0.05% | +19,819+15.9% | Added |
| Jupiter Asset Management Ltd | 141,752 | $13.9M | 0.15% | +114,246+415.3% | Added |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 140,177 | $13.7M | 0.60% | +6,120+4.6% | Added |
| Tiger Pacific Capital LP | 137,298 | $13.5M | 3.51% | −425,950−75.6% | Reduced |
| New York State Common Retirement Fund | 131,982 | $12.9M | 0.02% | −3,300−2.4% | Reduced |
| Macquarie Group Ltd | 130,971 | $12.8M | 0.02% | +5,829+4.7% | Added |
| California State Teachers Retirement System | 130,519 | $12.8M | 0.02% | +6,318+5.1% | Added |
| SEI Investments Co | 130,243 | $12.8M | 0.02% | +18,989+17.1% | Added |
| FACT Capital, LP | 128,459 | $12.6M | 5.00% | +128,459 | New |
| Asset Management One Co.,Ltd. | 127,842 | $12.5M | 0.06% | −28,062−18.0% | Reduced |
| All-Stars Investment Ltd | 127,000 | $12.5M | 4.65% | 00.0% | Unchanged |
| Scge Management, L.P. | 122,818 | $12.0M | 0.31% | 00.0% | Unchanged |
| AlpInvest Partners B.V. | 122,616 | $12.0M | 3.16% | +48,279+64.9% | Added |
| Apeiron Capital Ltd | 121,970 | $12.0M | 8.01% | −138,425−53.2% | Reduced |
| Wealth High Governance Capital Ltda | 120,000 | $11.8M | 4.09% | +80,000+200.0% | Added |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 120,000 | $11.8M | 0.96% | +120,000 | New |
| Los Angeles Capital Management LLC | 110,620 | $10.8M | 0.05% | +66,748+152.1% | Added |
| Massachusetts Financial Services Co | 109,608 | $10.7M | 0.00% | −23,169−17.4% | Reduced |
| Virginia Retirement Systems Et Al | 108,800 | $10.7M | 0.11% | +10,900+11.1% | Added |
| Janus Henderson Group PLC | 106,643 | $10.5M | 0.01% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 102,882 | $10.1M | 0.04% | +26,149+34.1% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 102,479 | $10.1M | 0.16% | +4,100+4.2% | Added |
| Rhumbline Advisers | 102,131 | $10.0M | 0.01% | +22,313+28.0% | Added |
| Old Well Partners, LLC | 96,000 | $9.41M | 8.16% | −37,000−27.8% | Reduced |
| Strategic Vision Investment Ltd | 94,013 | $9.22M | 8.91% | +94,013 | New |
| Advisor Group Holdings, Inc. | 89,959 | $8.82M | 0.01% | +32,161+55.6% | Added |
| Ramirez Asset Management, Inc. | 88,538 | $8.68M | 1.87% | +88,538 | New |
| Compagnie Lombard Odier SCmA | 85,457 | $8.38M | 0.19% | +84,907+15,437.6% | Added |
| Orland Properties Ltd | 85,000 | $8.34M | 4.41% | 00.0% | Unchanged |
| Rafferty Asset Management, LLC | 84,767 | $8.31M | 0.05% | −4,619−5.2% | Reduced |