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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, Q4 2023

Institutional positions in PDD Holdings Inc. as of Dec 31, 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
584
+119 vs. Q3 2023
Shares held
382.0M
+15.2M (+4.1%) vs. Q3 2023
Total value
$55.8B
+$20.2B (+56.5%) vs. Q3 2023
New holders
158
217 more added
Sold out
39
155 more reduced

8 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 584 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 heldQ4 2023: $55.8B
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, Q4 2023

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2023.

Institutions holding PDD in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Jump Financial, LLC1,861$272.3K0.01%+1,861New
180 Wealth Advisors, LLC1,920$279.6K0.06%+1,920New
Legacy Capital Group California, Inc.1,927$281.9K0.11%+1,927New
Greenleaf Trust1,988$290.9K0.00%−115−5.5%Reduced
Vestmark Advisory Solutions, Inc.2,018$295.3K0.02%+2,018New
NewEdge Wealth, LLC2,018$295.3K0.01%+2,018New
Lindbrook Capital, LLC2,047$299.5K0.03%+207+11.3%Added
WCM Investment Management, LLC2,066$300.3K0.00%+2,066New
Range Financial Group LLC2,057$301.0K0.18%+2,057New
ING Groep NV2,072$303.2K0.00%−68,081−97.0%Reduced
Quantbot Technologies LP2,086$305.2K0.02%+2,086New
CAPROCK Group, Inc.2,102$307.5K0.02%+2,102New
Strategic Global Advisors, LLC2,170$317.5K0.07%00.0%Unchanged
Advisors Preferred, LLC2,180$317.5K0.05%+2,180New
Rehmann Capital Advisory Group2,201$322.0K0.03%+2,201New
Onyx Bridge Wealth Group LLC2,236$327.1K0.07%−1,945−46.5%Reduced
Natixis2,268$331.8K0.00%+77+3.5%Added
Accuvest Global Advisors2,275$332.9K0.35%−852−27.2%Reduced
Cetera Advisor Networks LLC2,289$334.9K0.00%+2,289New
Blair William & Co2,304$337.1K0.00%+2,304New
PDS Planning, Inc2,328$340.6K0.04%+116+5.2%Added
Schechter Investment Advisors, LLC2,330$340.9K0.03%+10.0%Added
Three Seasons Wealth, LLC2,401$351.3K0.31%+2,401New
Ballentine Partners, LLC2,417$353.6K0.01%+2,417New
Campbell & CO Investment Adviser LLC2,493$364.8K0.03%+2,493New
FinTrust Capital Advisors, LLC2,500$365.8K0.07%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.2,678$392.0K0.00%−227−7.8%Reduced
Toth Financial Advisory Corp2,780$406.7K0.06%+2,780New
Schusterman Interests, LLC2,820$412.6K0.61%+2,820New
Spire Wealth Management2,904$417.1K0.01%+2,883+13,728.6%Added
EMC Capital Management3,000$439.0K0.29%00.0%Unchanged
West Family Investments, Inc.3,003$439.4K0.15%00.0%Unchanged
Compagnie Lombard Odier SCmA3,100$453.6K0.01%−82,357−96.4%Reduced
Truist Financial Corp3,143$459.9K0.00%+357+12.8%Added
Commerzbank Aktiengesellschaft3,147$461.0K0.02%00.0%Unchanged
Parkwood LLC3,157$462.0K0.07%+3,157New
Harbour Capital Advisors, LLC3,195$475.9K0.13%+3,195New
Johnson Investment Counsel Inc3,278$479.6K0.01%+78+2.4%Added
Whittier Trust Co of Nevada Inc3,356$491.0K0.02%+66+2.0%Added
Caption Management, LLC3,404$498.0K0.05%−18,596−84.5%Reduced
Two Sigma Advisers, LP3,500$512.1K0.00%−181,600−98.1%Reduced
National Asset Management, Inc.3,625$530.4K0.01%+3,625New
The PNC Financial Services Group, Inc.3,654$534.6K0.00%+73+2.0%Added
Aigen Investment Management, LP3,675$537.7K0.10%−6,508−63.9%Reduced
Checchi Capital Advisers, LLC3,725$545.0K0.04%+696+23.0%Added
Hennion & Walsh Asset Management, Inc.3,810$557.4K0.03%+1,168+44.2%Added
Diversified Trust Co3,962$579.7K0.02%+3,962New
Calamos Wealth Management LLC3,965$580.1K0.04%+3,965New
Commerce Bank4,015$587.4K0.00%+10.0%Added
XR Securities LLC4,117$602.4K0.19%+4,117New
Edgestream Partners, L.P.4,163$609.1K0.04%−1,803−30.2%Reduced
Congress Wealth Management LLC4,172$610.4K0.01%+4,172New
Sequoia Financial Advisors, LLC4,195$613.8K0.01%+389+10.2%Added
Custom Index Systems, LLC4,269$624.6K0.39%+4,269New
Rathbone Brothers plc4,271$624.9K0.00%+4,271New
Dohj, LLC4,342$635.3K0.19%+4,342New
Boston Private Wealth LLC4,427$647.7K0.02%+884+25.0%Added
Cardiff Park Advisors, LLC4,556$666.6K0.07%00.0%Unchanged
Balboa Wealth Partners4,575$669.4K0.22%+4,575New
BOCHK Asset Management Ltd4,600$672.8K0.41%+4,600New
Insigneo Advisory Services, LLC4,638$678.6K0.10%+4,638New
Sawtooth Solutions, LLC4,686$685.6K0.02%+4,686New
Bleakley Financial Group, LLC4,686$685.6K0.02%+4,686New
Quantinno Capital Management LP4,691$686.0K0.02%+1,927+69.7%Added
Seven Eight Capital, LP4,890$715.5K0.08%+4,890New
Central Asset Investments & Management Holdings (HK) Ltd5,000$731.5K0.78%+5,000New
Toroso Investments, LLC5,109$747.5K0.02%+1,062+26.2%Added
Merit Financial Group, LLC5,112$747.9K0.02%+1,065+26.3%Added
Wahed Invest LLC5,398$789.8K0.22%+505+10.3%Added
Northwestern Mutual Wealth Management Co5,415$792.3K0.00%−1,795−24.9%Reduced
LifePro Asset Management5,475$801.0K0.62%−190−3.4%Reduced
Ieq Capital, LLC5,607$820.4K0.01%+348+6.6%Added
Veriti Management LLC5,651$826.8K0.07%+689+13.9%Added
Handelsinvest Investeringsforvaltning5,654$827.0K0.34%−644−10.2%Reduced
Norinchukin Bank, The5,678$830.7K0.02%−1,337−19.1%Reduced
Insight Advisors, LLC5,825$852.3K0.18%00.0%Unchanged
Siemens Fonds Invest GmbH5,866$858.3K0.07%00.0%Unchanged
Gladstone Institutional Advisory LLC5,962$872.3K0.05%+5,962New
Balentine LLC5,969$873.3K0.03%+987+19.8%Added
ABN AMRO Bank N.V.6,052$889.3K0.01%+6,052New
Rock Creek Group, LP7,697$902.8K0.13%−15,196−66.4%Reduced
Cresset Asset Management, LLC6,186$905.1K0.01%−384−5.8%Reduced
Boothbay Fund Management, LLC6,400$936.4K0.03%+3,349+109.8%Added
ICICI Prudential Asset Management Co Ltd6,482$948.4K0.11%+685+11.8%Added
Whittier Trust Co6,656$973.8K0.02%+774+13.2%Added
GWM Advisors LLC6,814$977.6K0.01%+6,515+2,178.9%Added
Connectus Wealth, LLC6,852$1.00M0.02%+590+9.4%Added
Fred Alger Management, LLC6,900$1.01M0.01%−600−8.0%Reduced
Vident Advisory, LLC6,919$1.01M0.03%−142−2.0%Reduced
Railway Pension Investments Ltd7,100$1.04M0.01%+7,100New
Virtus Investment Advisers, Inc.7,200$1.05M0.79%+7,200New
HighVista Strategies LLC7,256$1.06M0.39%+3,625+99.8%Added
Banco Bilbao Vizcaya Argentaria, S.A.7,299$1.07M0.01%+7,299New
US Bancorp7,578$1.11M0.00%+2,991+65.2%Added
Itau Unibanco Holding S.A.7,600$1.11M0.04%−1,100−12.6%Reduced
Leonteq Securities AG7,791$1.14M0.15%+4,503+137.0%Added
Hongkou Capital LP7,795$1.14M7.91%+2,870+58.3%Added
Quadrant Capital Group LLC7,798$1.14M0.10%+840+12.1%Added
Investment House LLC7,904$1.16M0.08%+7,904New
M&G Investments (USA) Inc.7,983$1.17M1.15%+7,983New