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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
CI Private Wealth, LLC8,148$1.19M0.00%+1,350+19.9%Added
MML Investors Services, LLC8,248$1.21M0.01%+1,287+18.5%Added
USA Financial Portformulas Corp8,323$1.22M0.21%+6,211+294.1%Added
Mercer Global Advisors Inc8,382$1.23M0.00%−354−4.1%Reduced
Parus Finance (UK) Ltd8,414$1.23M0.64%+8,414New
Sicart Associates LLC8,417$1.23M0.47%00.0%Unchanged
Altfest L J & Co Inc9,067$1.33M0.19%−1,365−13.1%Reduced
CastleKnight Management LP9,200$1.35M0.22%−3,800−29.2%Reduced
Boston Partners22,735$1.35M0.00%00.0%Unchanged
Toronto Dominion Bank9,324$1.36M0.00%+5,198+126.0%Added
Signaturefd, LLC9,394$1.37M0.03%−474−4.8%Reduced
Tekne Capital Management, LLC9,569$1.40M0.51%+9,569New
State of Wyoming9,700$1.42M0.26%+1,200+14.1%Added
Colony Group, LLC10,206$1.49M0.02%+10,206New
Abn Amro Investment Solutions10,230$1.50M0.03%−15,370−60.0%Reduced
LGT Group Foundation10,511$1.53M0.03%+10,511New
CenterBook Partners LP10,740$1.57M0.19%+10,740New
Pathstone Holdings, LLC10,794$1.58M0.01%+10,794New
Marex Group plc10,970$1.61M0.06%+6,733+158.9%Added
Aperture Investors, LLC11,095$1.62M0.29%+946+9.3%Added
JustInvest LLC11,220$1.64M0.04%+921+8.9%Added
STF Management LP11,246$1.65M0.77%+604+5.7%Added
Cerity Partners LLC11,270$1.65M0.01%+735+7.0%Added
Churchill Management Corp11,283$1.65M0.03%−2,212−16.4%Reduced
Atomi Financial Group, Inc.11,316$1.66M0.23%+8,365+283.5%Added
Capital Wealth Planning, LLC11,447$1.67M0.02%+11,447New
Global X Japan Co., Ltd.11,447$1.67M0.95%+11,447New
Brinker Capital Investments, LLC11,552$1.70M0.02%−221−1.9%Reduced
Orion Portfolio Solutions, LLC11,552$1.70M0.02%−221−1.9%Reduced
Cigna Investments Inc11,706$1.71M0.35%−197−1.7%Reduced
Commonwealth Equity Services, LLC11,737$1.72M0.00%−4,103−25.9%Reduced
UBS Oconnor LLC11,795$1.73M0.05%−19,169−61.9%Reduced
Ritholtz Wealth Management12,189$1.78M0.07%+174+1.4%Added
Triasima Portfolio Management inc.12,391$1.81M0.15%+12,391New
Goldstream Capital Management Ltd12,780$1.87M1.27%+12,530+5,012.0%Added
Wolverine Trading, LLC12,997$1.90M0.01%+12,997New
Copperwynd Financial, LLC13,079$1.91M0.76%+13,079New
Degroof Petercam Asset Management13,100$1.92M0.03%+13,100New
Desjardins Global Asset Management Inc.13,244$1.93M0.21%−696−5.0%Reduced
Solstein Capital, LLC13,180$1.93M1.43%+13,180New
Wetherby Asset Management Inc13,220$1.93M0.10%+445+3.5%Added
Dynamic Technology Lab Private Ltd13,300$1.95M0.21%+13,300New
Knights of Columbus Asset Advisors LLC13,389$1.96M0.13%−4,346−24.5%Reduced
HAP Trading, LLC13,391$1.96M0.57%+13,391New
Capstone Investment Advisors, LLC13,742$2.01M0.03%+2,431+21.5%Added
Oppenheimer & Co Inc13,842$2.03M0.04%+4,468+47.7%Added
Dai-Ichi Life Insurance Company, Ltd13,868$2.03M0.04%+836+6.4%Added
Agf Management Ltd13,910$2.04M0.01%+9,189+194.6%Added
Natixis Investment Managers International14,050$2.06M0.15%+14,050New
Creative Planning14,257$2.09M0.00%+1,715+13.7%Added
Raymond James & Associates14,362$2.10M0.00%+5,626+64.4%Added
QRG Capital Management, Inc.14,404$2.11M0.03%+1,986+16.0%Added
TCW Group Inc14,474$2.12M0.02%−526−3.5%Reduced
AustralianSuper Pty Ltd14,503$2.12M0.01%00.0%Unchanged
Erste Asset Management GmbH15,000$2.18M0.03%00.0%Unchanged
RBF Capital, LLC15,000$2.19M0.14%+15,000New
O'Neil Global Advisors, Inc.15,139$2.21M1.29%+6,864+82.9%Added
Cetera Advisors LLC15,315$2.24M0.03%−3,244−17.5%Reduced
Van Eck Associates Corp16,115$2.36M0.00%−15,222−48.6%Reduced
Grand Alliance Asset Management Ltd16,150$2.36M1.26%+16,150New
Intech Investment Management LLC16,452$2.41M0.04%−12−0.1%Reduced
Dantai Capital Ltd17,090$2.50M3.16%+17,090New
Advisory Services Network, LLC17,161$2.51M0.06%+1,484+9.5%Added
Gsa Capital Partners LLP17,674$2.59M0.22%−8,181−31.6%Reduced
Nissay Asset Management Corp17,864$2.61M0.02%+6,509+57.3%Added
Affinity Wealth Management LLC18,308$2.68M0.55%+18,308New
Camarda Financial Advisors, LLC18,588$2.72M1.17%−7,092−27.6%Reduced
LPL Financial LLC18,684$2.73M0.00%+6,802+57.2%Added
Redwood Investments, LLC18,797$2.75M0.72%+18,797New
Quaero Capital S.A.19,336$2.83M2.93%−9,146−32.1%Reduced
Ameritas Investment Partners, Inc.19,373$2.83M0.10%+1,335+7.4%Added
AE Wealth Management LLC20,048$2.84M0.01%+14,521+262.7%Added
Mariner, LLC19,771$2.89M0.01%+6,424+48.1%Added
Morningstar Investment Management LLC19,859$2.91M0.33%−1,888−8.7%Reduced
Prospera Financial Services Inc20,676$3.03M0.10%+11,844+134.1%Added
Envestnet Asset Management Inc21,061$3.08M0.00%+2,000+10.5%Added
AMS Capital Ltda21,351$3.12M1.17%−12,680−37.3%Reduced
NEOS Investment Management LLC21,999$3.22M0.30%+987+4.7%Added
Veritas Asset Management LLP22,377$3.27M0.02%−29,673−57.0%Reduced
Bayesian Capital Management, LP22,414$3.28M0.35%−586−2.5%Reduced
Henry James International Management, Inc.22,861$3.34M1.26%+9,063+65.7%Added
Federation des caisses Desjardins du Quebec22,986$3.36M0.03%+6,993+43.7%Added
Janney Montgomery Scott LLC23,518$3.44M0.01%−739−3.0%Reduced
Lombard Odier Asset Management (Switzerland) SA23,738$3.47M0.46%+2,251+10.5%Added
Engineers Gate Manager LP23,750$3.47M0.10%+13,060+122.2%Added
ABS Direct Equity Fund LLC24,000$3.51M3.30%+24,000New
Redwood Investment Management, LLC24,098$3.53M0.32%+24,098New
Oberweis Asset Management Inc25,000$3.66M0.34%00.0%Unchanged
Parametrica Management Ltd25,561$3.74M6.14%−15,839−38.3%Reduced
Eaton Financial Holdings Company, LLC26,100$3.82M0.92%00.0%Unchanged
Unigestion Holding SA26,207$3.83M0.21%+24,102+1,145.0%Added
Alps Advisors Inc26,497$3.88M0.03%−8,759−24.8%Reduced
HighTower Advisors, LLC28,375$4.13M0.01%+25,746+979.3%Added
Mirabaud Asset Management Ltd28,750$4.21M1.80%+28,750New
Eisler Capital (UK) Ltd.29,259$4.28M0.39%+29,259New
Atria Wealth Solutions, Inc.29,493$4.32M0.05%−6,871−18.9%Reduced
Pacer Advisors, Inc.31,272$4.58M0.01%+4,410+16.4%Added
Assenagon Asset Management S.A.32,086$4.69M0.01%−569,614−94.7%Reduced
Crossmark Global Holdings, Inc.32,353$4.73M0.10%+565+1.8%Added
Artal Group S.A.32,500$4.75M0.16%+32,500New