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 Asset Management Inc | 160,476 | $23.5M | 0.02% | +129,776+422.7% | Added |
| Pinebridge Investments, L.P. | 168,492 | $24.7M | 0.23% | +104,241+162.2% | Added |
| Guggenheim Capital LLC | 169,951 | $24.9M | 0.19% | +23,237+15.8% | Added |
| Alyeska Investment Group, L.P. | 170,000 | $24.9M | 0.17% | +170,000 | New |
| Ci Investments Inc. | 171,372 | $25.1M | 0.13% | −664−0.4% | Reduced |
| MY.Alpha Management HK Advisors Ltd | 175,326 | $25.7M | 13.26% | +175,326 | New |
| National Pension Service | 176,241 | $25.8M | 0.04% | 00.0% | Unchanged |
| California State Teachers Retirement System | 180,724 | $26.4M | 0.04% | +50,205+38.5% | Added |
| Jennison Associates LLC | 180,803 | $26.5M | 0.02% | −5,909−3.2% | Reduced |
| AXA S.A. | 183,725 | $26.9M | 0.09% | −128,579−41.2% | Reduced |
| FengHe Fund Management Pte. Ltd. | 189,400 | $27.7M | 4.86% | +189,400 | New |
| New York State Common Retirement Fund | 197,594 | $28.9M | 0.04% | +65,612+49.7% | Added |
| RV Capital GmbH | 199,100 | $29.1M | 8.43% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 202,712 | $29.7M | 0.03% | −93,773−31.6% | Reduced |
| M&G Investment Management Ltd | 203,440 | $29.7M | 0.18% | +2,514+1.3% | Added |
| Blue Creek Capital Management Ltd | 203,221 | $29.7M | 21.38% | −84,279−29.3% | Reduced |
| Contrarius Investment Management Ltd | 221,553 | $32.4M | 1.75% | +70,950+47.1% | Added |
| Value Star Asset Management (Hong Kong) Ltd | 238,818 | $34.9M | 11.95% | 00.0% | Unchanged |
| Thornburg Investment Management Inc | 242,212 | $35.4M | 0.51% | +242,212 | New |
| Prudential Financial Inc | 251,856 | $36.8M | 0.06% | −36,555−12.7% | Reduced |
| DnB Asset Management AS | 253,984 | $37.2M | 0.19% | +9,590+3.9% | Added |
| Penserra Capital Management LLC | 255,097 | $37.3M | 0.70% | −308,810−54.8% | Reduced |
| Tree Line Advisors (Hong Kong) Ltd. | 260,000 | $38.0M | 15.80% | 00.0% | Unchanged |
| SEI Investments Co | 265,696 | $38.9M | 0.06% | +135,453+104.0% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 265,768 | $38.9M | 0.11% | +257,633+3,167.0% | Added |
| Oversea-Chinese Banking CORP Ltd | 269,025 | $39.4M | 1.40% | +890.0% | Added |
| WT Asset Management Ltd | 275,130 | $40.3M | 5.06% | −1,384,248−83.4% | Reduced |
| KBC Group NV | 283,172 | $41.4M | 0.15% | +80,943+40.0% | Added |
| Point72 Asset Management, L.P. | 289,000 | $42.3M | 0.13% | +289,000 | New |
| Hel Ved Capital Management Ltd | 292,600 | $42.8M | 12.67% | −49,400−14.4% | Reduced |
| Nordea Investment Management AB | 297,090 | $43.3M | 0.06% | +20,045+7.2% | Added |
| National Bank of Canada | 299,955 | $43.7M | 0.08% | −16,944−5.3% | Reduced |
| Point72 Hong Kong Ltd | 307,511 | $45.0M | 2.77% | +257,002+508.8% | Added |
| Axiom Investors LLC | 310,812 | $45.5M | 0.45% | +310,812 | New |
| Candriam Luxembourg S.C.A. | 312,060 | $45.7M | 0.32% | −13,940−4.3% | Reduced |
| Voya Investment Management LLC | 316,661 | $46.3M | 0.05% | +245,710+346.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 328,772 | $48.1M | 0.18% | +122,530+59.4% | Added |
| Alberta Investment Management Corp | 338,179 | $49.5M | 0.47% | −42,673−11.2% | Reduced |
| Public Sector Pension Investment Board | 350,465 | $51.3M | 0.39% | +34,691+11.0% | Added |
| Qube Research & Technologies Ltd | 356,633 | $52.2M | 0.12% | +352,644+8,840.4% | Added |
| Library Research Ltd | 357,302 | $52.3M | 89.94% | 00.0% | Unchanged |
| Monolith Management Ltd | 366,000 | $53.5M | 28.04% | +366,000 | New |
| Ninety One North America, Inc. | 369,717 | $54.1M | 2.64% | +369,717 | New |
| Thunderbird Partners LLP | 371,234 | $54.3M | 11.72% | −116,426−23.9% | Reduced |
| Storebrand Asset Management AS | 373,537 | $54.7M | 0.20% | +8,088+2.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 372,070 | $55.4M | 0.10% | +25,970+7.5% | Added |
| British Columbia Investment Management Corp | 385,100 | $56.3M | 0.46% | +147,100+61.8% | Added |
| Wellington Management Group LLP | 386,619 | $56.6M | 0.01% | +138,662+55.9% | Added |
| Polar Capital Holdings Plc | 391,378 | $57.3M | 0.40% | −65,870−14.4% | Reduced |
| DekaBank Deutsche Girozentrale | 409,459 | $58.7M | 0.12% | +18,000+4.6% | Added |
| Man Group plc | 409,827 | $60.0M | 0.17% | – | – |
| Korea Investment CORP | 410,287 | $60.0M | 0.16% | −2,500−0.6% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 413,600 | $60.5M | 0.21% | +199,300+93.0% | Added |
| Handelsbanken Fonder AB | 416,331 | $60.9M | 0.30% | −35,811−7.9% | Reduced |
| Swedbank AB | 424,115 | $62.1M | 0.10% | +96,300+29.4% | Added |
| Franklin Resources Inc | 428,624 | $62.7M | 0.03% | +229,767+115.5% | Added |
| USS Investment Management Ltd | 439,962 | $64.4M | 0.58% | 00.0% | Unchanged |
| Mane Global Capital Management LP | 445,899 | $65.2M | 6.30% | +276,143+162.7% | Added |
| Sylebra Capital LLC | 450,963 | $66.0M | 2.50% | −185,758−29.2% | Reduced |
| Driehaus Capital Management LLC | 463,956 | $67.9M | 0.82% | +463,956 | New |
| Keywise Capital Management (HK) Ltd | 474,600 | $69.4M | 11.40% | +134,900+39.7% | Added |
| Squarepoint Ops LLC | 481,256 | $70.4M | 0.29% | +473,260+5,918.7% | Added |
| Manufacturers Life Insurance Company, The | 495,928 | $72.6M | 0.04% | +45,823+10.2% | Added |
| Citadel Advisors LLC | 496,985 | $72.7M | 0.07% | +244,986+97.2% | Added |
| Sequoia China Equity Partners (Hong Kong) Ltd | 500,000 | $73.2M | 15.25% | +250,000+100.0% | Added |
| Bamco Inc | 504,774 | $73.9M | 0.20% | +504,774 | New |
| RWC Asset Management LLP | 531,391 | $77.7M | 4.70% | −26,910−4.8% | Reduced |
| Aviva PLC | 533,638 | $78.1M | 0.28% | +161,623+43.4% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 544,064 | $79.6M | 42.62% | −15,789−2.8% | Reduced |
| Lazard Asset Management LLC | 553,620 | $81.0M | 0.10% | +42,019+8.2% | Added |
| Alliancebernstein L.P. | 553,626 | $81.0M | 0.03% | +273,954+98.0% | Added |
| Kora Management LP | 561,750 | $82.2M | 20.25% | −117,500−17.3% | Reduced |
| Standard Life Aberdeen plc | 562,509 | $82.3M | 0.18% | +24,230+4.5% | Added |
| Citigroup Inc | 564,657 | $82.6M | 0.11% | +94,214+20.0% | Added |
| Harvest Fund Management Co., Ltd | 576,415 | $83.8M | 13.06% | −203,474−26.1% | Reduced |
| Royal Bank of Canada | 574,244 | $84.0M | 0.02% | +52,312+10.0% | Added |
| Bright Valley Capital Ltd | 587,750 | $86.0M | 68.34% | +587,750 | New |
| ProShare Advisors LLC | 588,902 | $86.2M | 0.26% | −78,687−11.8% | Reduced |
| Yong Rong (HK) Asset Management Ltd | 591,700 | $86.6M | 32.50% | +331,400+127.3% | Added |
| Russell Investments Group, Ltd. | 602,590 | $88.0M | 0.16% | +188,276+45.4% | Added |
| SG Americas Securities, LLC | 615,610 | $90.1M | 0.99% | +578,711+1,568.4% | Added |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 625,300 | $91.5M | 0.65% | −743,100−54.3% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 634,503 | $92.8M | 0.43% | +484,503+323.0% | Added |
| IvyRock Asset Management (HK) Ltd | 639,686 | $93.6M | 46.64% | −257,950−28.7% | Reduced |
| American Century Companies Inc | 641,293 | $93.8M | 0.06% | +324,625+102.5% | Added |
| Fullerton Fund Management Co Ltd. | 645,266 | $94.4M | 5.50% | −161,153−20.0% | Reduced |
| Perseverance Asset Management International | 649,756 | $95.1M | 22.65% | −466,549−41.8% | Reduced |
| Causeway Capital Management LLC | 657,517 | $96.2M | 2.45% | −6,380−1.0% | Reduced |
| Prudential PLC | 674,654 | $98.7M | 1.05% | +15,079+2.3% | Added |
| Pinpoint Asset Management Ltd | 672,990 | $99.1M | 21.93% | +299,801+80.3% | Added |
| Nomura Holdings Inc | 680,792 | $99.6M | 0.89% | +199,336+41.4% | Added |
| Barings LLC | 704,130 | $103.0M | 3.28% | +186,189+35.9% | Added |
| Coronation Fund Managers Ltd. | 706,151 | $103.3M | 2.88% | +78,452+12.5% | Added |
| Matthews International Capital Management LLC | 708,584 | $103.7M | 14.57% | −387,654−35.4% | Reduced |
| Taikang Asset Management (Hong Kong) Co Ltd | 714,804 | $104.6M | 19.78% | +163,823+29.7% | Added |
| Keystone Investors Pte Ltd | 722,032 | $105.6M | 8.90% | −58,997−7.6% | Reduced |
| Principal Financial Group Inc | 726,756 | $106.3M | 0.07% | +104,072+16.7% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 738,420 | $108.0M | 0.45% | −137,790−15.7% | Reduced |
| Voloridge Investment Management, LLC | 740,657 | $108.4M | 0.43% | −167,177−18.4% | Reduced |
| Charles Schwab Investment Management Inc | 758,488 | $111.0M | 0.03% | −43,443−5.4% | Reduced |