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.
| 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, Q4 2023
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| TD Waterhouse Canada Inc. | 24,189 | $4.77M | 0.04% | +115+0.5% | Added |
| Point72 Middle East FZE | 32,703 | $4.78M | 0.33% | +32,703 | New |
| Shell Asset Management Co | 33,117 | $4.84M | 0.22% | −4,267−11.4% | Reduced |
| Yousif Capital Management, LLC | 33,804 | $4.95M | 0.06% | +2,090+6.6% | Added |
| IFM Investors Pty Ltd | 34,489 | $5.05M | 0.06% | −1,022−2.9% | Reduced |
| Capital Fund Management S.A. | 34,922 | $5.11M | 0.07% | +13,358+61.9% | Added |
| Perpetual Ltd | 36,511 | $5.34M | 0.06% | +36,511 | New |
| Employees Retirement System of Texas | 36,845 | $5.39M | 0.06% | +29,808+423.6% | Added |
| ExodusPoint Capital Management, LP | 37,570 | $5.50M | 0.07% | +8,371+28.7% | Added |
| Verition Fund Management LLC | 37,947 | $5.55M | 0.06% | +30,644+419.6% | Added |
| O'Shaughnessy Asset Management, LLC | 38,005 | $5.56M | 0.07% | +4,354+12.9% | Added |
| Rockefeller Capital Management L.P. | 38,675 | $5.66M | 0.02% | +730+1.9% | Added |
| Schonfeld Strategic Advisors LLC | 39,139 | $5.73M | 0.05% | +20,400+108.9% | Added |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 40,000 | $5.85M | 0.11% | +40,000 | New |
| State of New Jersey Common Pension Fund D | 40,513 | $5.93M | 0.02% | −104,345−72.0% | Reduced |
| Maxi Investments CY Ltd | 41,485 | $6.07M | 1.71% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 43,063 | $6.30M | 0.02% | +43,063 | New |
| Tower Research Capital LLC (TRC) | 43,228 | $6.32M | 0.08% | +19,130+79.4% | Added |
| CIBC World Markets Inc. | 43,301 | $6.33M | 0.02% | +22,067+103.9% | Added |
| Daiwa Securities Group Inc. | 46,803 | $6.85M | 0.04% | −127−0.3% | Reduced |
| Gulf International Bank (UK) Ltd | 47,142 | $6.90M | 0.19% | −2,398−4.8% | Reduced |
| Seldon Capital LP | 48,226 | $7.06M | 5.41% | 00.0% | Unchanged |
| Northwest & Ethical Investments L.P. | 48,551 | $7.10M | 0.22% | −14,587−23.1% | Reduced |
| Banque Cantonale Vaudoise | 48,571 | $7.11M | 0.31% | −1,441−2.9% | Reduced |
| Mackenzie Financial Corp | 48,923 | $7.16M | 0.01% | +18,844+62.6% | Added |
| Artisan Partners Limited Partnership | 48,941 | $7.16M | 0.01% | +28,941+144.7% | Added |
| China Universal Asset Management Co., Ltd. | 50,223 | $7.35M | 1.43% | +7,628+17.9% | Added |
| Qtron Investments LLC | 51,550 | $7.54M | 1.24% | −11,015−17.6% | Reduced |
| Liontrust Investment Partners LLP | 52,648 | $7.70M | 0.11% | +7,648+17.0% | Added |
| Louisiana State Employees Retirement System | 53,100 | $7.77M | 0.16% | +1,600+3.1% | Added |
| American International Group, Inc. | 53,219 | $7.79M | 0.03% | +2,026+4.0% | Added |
| Coalescence Partners Investment Management, LP | 53,323 | $7.80M | 7.01% | +53,323 | New |
| Woodline Partners LP | 53,398 | $7.81M | 0.09% | +53,398 | New |
| Varma Mutual Pension Insurance Co | 53,400 | $7.81M | 0.09% | +53,400 | New |
| B. Metzler seel. Sohn & Co. AG | 53,515 | $7.83M | 0.10% | +21,833+68.9% | Added |
| Aware Super Pty Ltd as trustee of Aware Super | 71,104 | $8.06M | 0.11% | +71,104 | New |
| Twenty Acre Capital LP | 55,200 | $8.08M | 7.68% | −9,800−15.1% | Reduced |
| La Banque Postale Asset Management SA | 56,725 | $8.30M | 0.18% | −4,500−7.3% | Reduced |
| Old Well Partners, LLC | 57,939 | $8.48M | 7.89% | −38,061−39.6% | Reduced |
| Ensign Peak Advisors, Inc | 58,000 | $8.49M | 0.02% | +6,550+12.7% | Added |
| Old Mission Capital LLC | 58,969 | $8.63M | 0.24% | +58,969 | New |
| Apeiron Capital Ltd | 59,970 | $8.77M | 12.90% | −62,000−50.8% | Reduced |
| Ardmore Road Asset Management LP | 60,000 | $8.78M | 2.00% | +60,000 | New |
| Thrivent Financial for Lutherans | 61,096 | $8.94M | 0.02% | −2,517−4.0% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 61,161 | $8.95M | 0.19% | +11,184+22.4% | Added |
| Jupiter Asset Management Ltd | 63,283 | $9.26M | 0.09% | −78,469−55.4% | Reduced |
| Edmond de Rothschild Holding S.A. | 64,012 | $9.37M | 0.17% | −19,785−23.6% | Reduced |
| SPX Equities Gestao de Recursos Ltda | 64,400 | $9.42M | 0.73% | +14,400+28.8% | Added |
| Ogborne Capital Management, LLC | 65,000 | $9.51M | 2.91% | +65,000 | New |
| iA Global Asset Management Inc. | 68,593 | $10.0M | 0.23% | +6,676+10.8% | Added |
| Rafferty Asset Management, LLC | 72,931 | $10.7M | 0.04% | −11,836−14.0% | Reduced |
| Shelton Capital Management | 78,282 | $11.5M | 0.37% | +12,857+19.7% | Added |
| Atika Capital Management LLC | 80,000 | $11.7M | 1.66% | +80,000 | New |
| Portolan Capital Management, LLC | 80,844 | $11.8M | 1.03% | +80,844 | New |
| Tiger Pacific Capital LP | 81,535 | $11.9M | 2.54% | −55,763−40.6% | Reduced |
| Capitolis Liquid Global Markets LLC | 83,000 | $12.1M | 0.50% | +83,000 | New |
| Ramirez Asset Management, Inc. | 83,587 | $12.2M | 2.48% | −4,951−5.6% | Reduced |
| Orland Properties Ltd | 85,000 | $12.4M | 6.07% | 00.0% | Unchanged |
| TB Alternative Assets Ltd. | 87,000 | $12.7M | 3.39% | −207,000−70.4% | Reduced |
| Light Street Capital Management, LLC | 87,000 | $12.7M | 3.81% | +48,765+127.5% | Added |
| Nomura Asset Management Co Ltd | 88,347 | $12.9M | 0.05% | +3,904+4.6% | Added |
| Cubist Systematic Strategies, LLC | 90,546 | $13.2M | 0.16% | +53,738+146.0% | Added |
| Carrhae Capital LLP | 91,974 | $13.5M | 2.66% | +91,974 | New |
| Profund Advisors LLC | 94,854 | $13.9M | 0.60% | +16,871+21.6% | Added |
| CIBC World Markets Corp | 95,860 | $14.0M | 0.08% | +95,860 | New |
| Trexquant Investment LP | 96,728 | $14.2M | 0.32% | +96,728 | New |
| Aubrey Capital Management Ltd | 97,200 | $14.2M | 6.05% | +93,900+2,845.5% | Added |
| Honeycomb Asset Management LP | 100,000 | $14.6M | 3.55% | +100,000 | New |
| Polymer Capital Management (HK) LTD | 100,262 | $14.7M | 5.13% | +100,262 | New |
| Advisor Group Holdings, Inc. | 100,389 | $14.7M | 0.03% | +10,430+11.6% | Added |
| Kadensa Capital Ltd | 100,685 | $14.7M | 3.71% | +100,685 | New |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 102,446 | $15.0M | 0.20% | −330.0% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 103,241 | $15.1M | 0.02% | +28,048+37.3% | Added |
| Rhumbline Advisers | 103,517 | $15.1M | 0.02% | +1,386+1.4% | Added |
| 3G Capital Partners LP | 105,000 | $15.4M | 9.37% | −100,000−48.8% | Reduced |
| Moore Capital Management, LP | 107,715 | $15.8M | 0.38% | −155,090−59.0% | Reduced |
| CIBC Asset Management Inc | 109,074 | $16.0M | 0.06% | +6,192+6.0% | Added |
| Kames Capital plc | 113,535 | $16.6M | 0.26% | +113,535 | New |
| FACT Capital, LP | 116,332 | $17.0M | 6.82% | −12,127−9.4% | Reduced |
| Wolverine Asset Management LLC | 116,993 | $17.1M | 0.27% | +116,993 | New |
| Wells Fargo & Company | 117,903 | $17.3M | 0.00% | +70,662+149.6% | Added |
| Los Angeles Capital Management LLC | 119,186 | $17.4M | 0.07% | +8,566+7.7% | Added |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 120,000 | $17.6M | 1.30% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 120,639 | $17.7M | 0.10% | +59,046+95.9% | Added |
| AlpInvest Partners B.V. | 122,616 | $17.9M | 4.10% | 00.0% | Unchanged |
| Putnam Investments LLC | 124,492 | $18.2M | 0.02% | +48,889+64.7% | Added |
| Breakout Capital Partners, LP | 125,498 | $18.4M | 13.47% | +125,498 | New |
| All-Stars Investment Ltd | 127,000 | $18.6M | 7.52% | 00.0% | Unchanged |
| Massachusetts Financial Services Co | 133,037 | $19.5M | 0.01% | +23,429+21.4% | Added |
| Twinbeech Capital LP | 135,350 | $19.8M | 0.32% | +103,873+330.0% | Added |
| Janus Henderson Group PLC | 135,899 | $19.9M | 0.01% | +29,256+27.4% | Added |
| Quadrature Capital Ltd | 143,466 | $21.0M | 0.38% | +143,466 | New |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 143,514 | $21.0M | 0.80% | +3,337+2.4% | Added |
| Susquehanna International Group, LLP | 147,641 | $21.6M | 0.04% | +96,694+189.8% | Added |
| AI-Squared Management Ltd | 150,735 | $22.1M | 28.11% | +150,735 | New |
| Asset Management One Co.,Ltd. | 152,865 | $22.2M | 0.09% | +25,023+19.6% | Added |
| Macquarie Group Ltd | 151,878 | $22.2M | 0.03% | +20,907+16.0% | Added |
| Nan Fung Trinity (HK) Ltd | 153,300 | $22.4M | 4.65% | 00.0% | Unchanged |
| La Financiere de L'Echiquier | 154,500 | $22.6M | 1.04% | −23,500−13.2% | Reduced |
| Teacher Retirement System of Texas | 156,643 | $22.9M | 0.16% | −2,123−1.3% | Reduced |