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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
Nomura Asset Management Co Ltd84,443$8.28M0.04%+12,986+18.2%Added
Edmond de Rothschild Holding S.A.83,797$8.22M0.17%−22,522−21.2%Reduced
Profund Advisors LLC77,983$7.65M0.42%+18,062+30.1%Added
Putnam Investments LLC75,603$7.41M0.01%−59,971−44.2%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main75,193$7.37M0.01%−33,205−30.6%Reduced
CMT Capital Markets Trading GmbH75,000$7.36M4.19%−25,000−25.0%Reduced
Voya Investment Management LLC70,951$6.96M0.01%+22,058+45.1%Added
ING Groep NV70,153$6.88M0.06%+29,076+70.8%Added
Armistice Capital, LLC68,000$6.67M0.20%+68,000New
Shelton Capital Management65,425$6.42M0.24%+16,451+33.6%Added
Twenty Acre Capital LP65,000$6.37M6.93%−32,400−33.3%Reduced
Pinebridge Investments, L.P.64,251$6.30M0.07%+8,829+15.9%Added
Thrivent Financial for Lutherans63,613$6.24M0.01%−4,077−6.0%Reduced
Northwest & Ethical Investments L.P.63,138$6.19M0.21%+29,695+88.8%Added
Qtron Investments LLC62,565$6.14M1.17%+11,331+22.1%Added
iA Global Asset Management Inc.61,917$6.07M0.16%+14,915+31.7%Added
Panagora Asset Management Inc61,593$6.04M0.04%+70+0.1%Added
La Banque Postale Asset Management SA61,225$6.00M0.13%−28,705−31.9%Reduced
Optimas Capital Ltd60,600$5.94M4.08%+60,600New
New Silk Road Investment Pte Ltd58,300$5.72M11.35%+58,300New
Boussard & Gavaudan Investment Management LLP53,705$5.29M0.62%+53,705New
Veritas Asset Management LLP52,050$5.10M0.04%−249,250−82.7%Reduced
Louisiana State Employees Retirement System51,500$5.05M0.12%+13,300+34.8%Added
Ensign Peak Advisors, Inc51,450$5.05M0.01%00.0%Unchanged
American International Group, Inc.51,193$5.02M0.03%+11,483+28.9%Added
Susquehanna International Group, LLP50,947$5.00M0.01%−975,268−95.0%Reduced
Point72 Hong Kong Ltd50,509$4.95M1.38%−172,872−77.4%Reduced
Banque Cantonale Vaudoise50,012$4.91M0.25%−90−0.2%Reduced
SPX Equities Gestao de Recursos Ltda50,000$4.90M0.26%+50,000New
BI Asset Management Fondsmaeglerselskab A/S49,977$4.90M0.11%+3,406+7.3%Added
Gulf International Bank (UK) Ltd49,540$4.86M0.14%+3,079+6.6%Added
Seldon Capital LP48,226$4.73M4.40%00.0%Unchanged
Wells Fargo & Company47,241$4.63M0.00%+4,236+9.9%Added
Daiwa Securities Group Inc.46,930$4.60M0.03%+6,836+17.0%Added
Liontrust Investment Partners LLP45,000$4.41M0.07%+45,000New
China Universal Asset Management Co., Ltd.42,595$4.18M1.21%+16,266+61.8%Added
Growth Interface Management LLC42,000$4.12M6.44%−63,000−60.0%Reduced
Maxi Investments CY Ltd41,485$4.07M1.88%00.0%Unchanged
Parametrica Management Ltd41,400$4.06M6.83%+16,700+67.6%Added
Light Street Capital Management, LLC38,235$3.75M1.10%+38,235New
Rockefeller Capital Management L.P.37,945$3.72M0.01%+22,297+142.5%Added
Shell Asset Management Co37,384$3.67M0.15%+920+2.5%Added
SG Americas Securities, LLC36,899$3.62M0.05%−60,050−61.9%Reduced
Cubist Systematic Strategies, LLC36,808$3.61M0.04%+6,760+22.5%Added
Atria Wealth Solutions, Inc.36,364$3.57M0.05%+36,364New
IFM Investors Pty Ltd35,511$3.48M0.05%+10,447+41.7%Added
Crossmark Global Holdings, Inc.31,788$3.48M0.08%+4,543+16.7%Added
Alps Advisors Inc35,256$3.46M0.03%−3,568−9.2%Reduced
QVT Financial LP34,861$3.42M0.20%00.0%Unchanged
AMS Capital Ltda34,031$3.34M3.70%00.0%Unchanged
O'Shaughnessy Asset Management, LLC33,651$3.30M0.05%+7,086+26.7%Added
TD Waterhouse Canada Inc.24,074$3.28M0.03%+24,073+2,407,300.0%Added
Eschler Asset Management LLP32,849$3.22M3.76%+1,349+4.3%Added
Yousif Capital Management, LLC31,714$3.11M0.04%+1,800+6.0%Added
B. Metzler seel. Sohn & Co. AG31,682$3.11M0.05%−18,710−37.1%Reduced
Twinbeech Capital LP31,477$3.09M0.06%−190,817−85.8%Reduced
Van Eck Associates Corp31,337$3.07M0.01%−1,443−4.4%Reduced
UniSuper Management Pty Ltd31,200$3.06M0.04%+31,200New
UBS Oconnor LLC30,964$3.04M0.05%−23,675−43.3%Reduced
TD Asset Management Inc30,700$3.01M0.00%+7,500+32.3%Added
Mackenzie Financial Corp30,079$2.94M0.00%+14,954+98.9%Added
ExodusPoint Capital Management, LP29,199$2.86M0.04%+24,815+566.0%Added
Quaero Capital S.A.28,482$2.79M2.66%+12,948+83.4%Added
Pacer Advisors, Inc.26,862$2.63M0.01%+8,776+48.5%Added
Lombard Odier Asset Management (Europe) Ltd26,233$2.57M0.13%+26,233New
Eaton Financial Holdings Company, LLC26,100$2.56M0.69%+26,100New
Gsa Capital Partners LLP25,855$2.54M0.22%+8,659+50.4%Added
Camarda Financial Advisors, LLC25,680$2.52M1.63%+25,680New
Abn Amro Investment Solutions25,600$2.51M0.05%−2,300−8.2%Reduced
Octahedron Capital Management L.P.25,500$2.50M3.45%−32,600−56.1%Reduced
Tudor Investment Corp Et Al25,049$2.46M0.04%−73,840−74.7%Reduced
Oberweis Asset Management Inc25,000$2.45M0.26%+9,000+56.3%Added
Janney Montgomery Scott LLC24,257$2.38M0.01%−4,214−14.8%Reduced
Tower Research Capital LLC (TRC)24,098$2.36M0.07%+11,324+88.6%Added
D. E. Shaw & Co., Inc.23,907$2.34M0.00%−212,708−89.9%Reduced
Bayesian Capital Management, LP23,000$2.26M0.26%+1,100+5.0%Added
Rock Creek Group, LP22,893$2.25M0.29%+16,494+257.8%Added
Caption Management, LLC22,000$2.16M0.28%+22,000New
Top Ace Asset Management Ltd21,800$2.14M8.44%−39,950−64.7%Reduced
Morningstar Investment Management LLC21,747$2.13M0.29%−1,289−5.6%Reduced
Capital Fund Management S.A.21,564$2.11M0.03%−99,443−82.2%Reduced
Lombard Odier Asset Management (Switzerland) SA21,487$2.11M0.34%+21,487New
CIBC World Markets Inc.21,234$2.08M0.01%+17,147+419.5%Added
NEOS Investment Management LLC21,012$2.06M0.26%+21,012New
Artisan Partners Limited Partnership20,000$1.96M0.00%+20,000New
Nishkama Capital, LLC19,374$1.90M0.63%−31,263−61.7%Reduced
Envestnet Asset Management Inc19,061$1.87M0.00%−4,710−19.8%Reduced
Schonfeld Strategic Advisors LLC18,739$1.84M0.02%−92,261−83.1%Reduced
Cetera Advisors LLC18,559$1.82M0.03%+18,559New
Ameritas Investment Partners, Inc.18,038$1.77M0.07%+4,786+36.1%Added
Knights of Columbus Asset Advisors LLC17,735$1.74M0.16%+83+0.5%Added
Intech Investment Management LLC16,464$1.61M0.02%+589+3.7%Added
Federation des caisses Desjardins du Quebec15,993$1.57M0.02%−12,839−44.5%Reduced
Commonwealth Equity Services, LLC15,840$1.55M0.00%−68,540−81.2%Reduced
Advisory Services Network, LLC15,677$1.54M0.04%+6,397+68.9%Added
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
Erste Asset Management GmbH15,000$1.43M0.02%+15,000New
AustralianSuper Pty Ltd14,503$1.42M0.01%+716+5.2%Added
Parallax Volatility Advisers, L.P.14,322$1.40M0.05%−1,394,298−99.0%Reduced