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 |
|---|---|---|---|---|---|
| IvyRock Asset Management (HK) Ltd | 639,686 | $93.6M | 46.64% | −257,950−28.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 634,503 | $92.8M | 0.43% | +484,503+323.0% | Added |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 625,300 | $91.5M | 0.65% | −743,100−54.3% | Reduced |
| SG Americas Securities, LLC | 615,610 | $90.1M | 0.99% | +578,711+1,568.4% | Added |
| Russell Investments Group, Ltd. | 602,590 | $88.0M | 0.16% | +188,276+45.4% | Added |
| Yong Rong (HK) Asset Management Ltd | 591,700 | $86.6M | 32.50% | +331,400+127.3% | Added |
| ProShare Advisors LLC | 588,902 | $86.2M | 0.26% | −78,687−11.8% | Reduced |
| Bright Valley Capital Ltd | 587,750 | $86.0M | 68.34% | +587,750 | New |
| Royal Bank of Canada | 574,244 | $84.0M | 0.02% | +52,312+10.0% | Added |
| Harvest Fund Management Co., Ltd | 576,415 | $83.8M | 13.06% | −203,474−26.1% | Reduced |
| Citigroup Inc | 564,657 | $82.6M | 0.11% | +94,214+20.0% | Added |
| Standard Life Aberdeen plc | 562,509 | $82.3M | 0.18% | +24,230+4.5% | Added |
| Kora Management LP | 561,750 | $82.2M | 20.25% | −117,500−17.3% | Reduced |
| Alliancebernstein L.P. | 553,626 | $81.0M | 0.03% | +273,954+98.0% | Added |
| Lazard Asset Management LLC | 553,620 | $81.0M | 0.10% | +42,019+8.2% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 544,064 | $79.6M | 42.62% | −15,789−2.8% | Reduced |
| Aviva PLC | 533,638 | $78.1M | 0.28% | +161,623+43.4% | Added |
| RWC Asset Management LLP | 531,391 | $77.7M | 4.70% | −26,910−4.8% | Reduced |
| Bamco Inc | 504,774 | $73.9M | 0.20% | +504,774 | New |
| Sequoia China Equity Partners (Hong Kong) Ltd | 500,000 | $73.2M | 15.25% | +250,000+100.0% | Added |
| Citadel Advisors LLC | 496,985 | $72.7M | 0.07% | +244,986+97.2% | Added |
| Manufacturers Life Insurance Company, The | 495,928 | $72.6M | 0.04% | +45,823+10.2% | Added |
| Squarepoint Ops LLC | 481,256 | $70.4M | 0.29% | +473,260+5,918.7% | Added |
| Keywise Capital Management (HK) Ltd | 474,600 | $69.4M | 11.40% | +134,900+39.7% | Added |
| Driehaus Capital Management LLC | 463,956 | $67.9M | 0.82% | +463,956 | New |
| Sylebra Capital LLC | 450,963 | $66.0M | 2.50% | −185,758−29.2% | Reduced |
| Mane Global Capital Management LP | 445,899 | $65.2M | 6.30% | +276,143+162.7% | Added |
| USS Investment Management Ltd | 439,962 | $64.4M | 0.58% | 00.0% | Unchanged |
| Franklin Resources Inc | 428,624 | $62.7M | 0.03% | +229,767+115.5% | Added |
| Swedbank AB | 424,115 | $62.1M | 0.10% | +96,300+29.4% | Added |
| Handelsbanken Fonder AB | 416,331 | $60.9M | 0.30% | −35,811−7.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 413,600 | $60.5M | 0.21% | +199,300+93.0% | Added |
| Korea Investment CORP | 410,287 | $60.0M | 0.16% | −2,500−0.6% | Reduced |
| Man Group plc | 409,827 | $60.0M | 0.17% | – | – |
| DekaBank Deutsche Girozentrale | 409,459 | $58.7M | 0.12% | +18,000+4.6% | Added |
| Polar Capital Holdings Plc | 391,378 | $57.3M | 0.40% | −65,870−14.4% | Reduced |
| Wellington Management Group LLP | 386,619 | $56.6M | 0.01% | +138,662+55.9% | Added |
| British Columbia Investment Management Corp | 385,100 | $56.3M | 0.46% | +147,100+61.8% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 372,070 | $55.4M | 0.10% | +25,970+7.5% | Added |
| Storebrand Asset Management AS | 373,537 | $54.7M | 0.20% | +8,088+2.2% | Added |
| Thunderbird Partners LLP | 371,234 | $54.3M | 11.72% | −116,426−23.9% | Reduced |
| Ninety One North America, Inc. | 369,717 | $54.1M | 2.64% | +369,717 | New |
| Monolith Management Ltd | 366,000 | $53.5M | 28.04% | +366,000 | New |
| Library Research Ltd | 357,302 | $52.3M | 89.94% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 356,633 | $52.2M | 0.12% | +352,644+8,840.4% | Added |
| Public Sector Pension Investment Board | 350,465 | $51.3M | 0.39% | +34,691+11.0% | Added |
| Alberta Investment Management Corp | 338,179 | $49.5M | 0.47% | −42,673−11.2% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 328,772 | $48.1M | 0.18% | +122,530+59.4% | Added |
| Voya Investment Management LLC | 316,661 | $46.3M | 0.05% | +245,710+346.3% | Added |
| Candriam Luxembourg S.C.A. | 312,060 | $45.7M | 0.32% | −13,940−4.3% | Reduced |
| Axiom Investors LLC | 310,812 | $45.5M | 0.45% | +310,812 | New |
| Point72 Hong Kong Ltd | 307,511 | $45.0M | 2.77% | +257,002+508.8% | Added |
| National Bank of Canada | 299,955 | $43.7M | 0.08% | −16,944−5.3% | Reduced |
| Nordea Investment Management AB | 297,090 | $43.3M | 0.06% | +20,045+7.2% | Added |
| Hel Ved Capital Management Ltd | 292,600 | $42.8M | 12.67% | −49,400−14.4% | Reduced |
| Point72 Asset Management, L.P. | 289,000 | $42.3M | 0.13% | +289,000 | New |
| KBC Group NV | 283,172 | $41.4M | 0.15% | +80,943+40.0% | Added |
| WT Asset Management Ltd | 275,130 | $40.3M | 5.06% | −1,384,248−83.4% | Reduced |
| Oversea-Chinese Banking CORP Ltd | 269,025 | $39.4M | 1.40% | +890.0% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 265,768 | $38.9M | 0.11% | +257,633+3,167.0% | Added |
| SEI Investments Co | 265,696 | $38.9M | 0.06% | +135,453+104.0% | Added |
| Tree Line Advisors (Hong Kong) Ltd. | 260,000 | $38.0M | 15.80% | 00.0% | Unchanged |
| Penserra Capital Management LLC | 255,097 | $37.3M | 0.70% | −308,810−54.8% | Reduced |
| DnB Asset Management AS | 253,984 | $37.2M | 0.19% | +9,590+3.9% | Added |
| Prudential Financial Inc | 251,856 | $36.8M | 0.06% | −36,555−12.7% | Reduced |
| Thornburg Investment Management Inc | 242,212 | $35.4M | 0.51% | +242,212 | New |
| Value Star Asset Management (Hong Kong) Ltd | 238,818 | $34.9M | 11.95% | 00.0% | Unchanged |
| Contrarius Investment Management Ltd | 221,553 | $32.4M | 1.75% | +70,950+47.1% | Added |
| Blue Creek Capital Management Ltd | 203,221 | $29.7M | 21.38% | −84,279−29.3% | Reduced |
| M&G Investment Management Ltd | 203,440 | $29.7M | 0.18% | +2,514+1.3% | Added |
| Neuberger Berman Group LLC | 202,712 | $29.7M | 0.03% | −93,773−31.6% | Reduced |
| RV Capital GmbH | 199,100 | $29.1M | 8.43% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 197,594 | $28.9M | 0.04% | +65,612+49.7% | Added |
| FengHe Fund Management Pte. Ltd. | 189,400 | $27.7M | 4.86% | +189,400 | New |
| AXA S.A. | 183,725 | $26.9M | 0.09% | −128,579−41.2% | Reduced |
| Jennison Associates LLC | 180,803 | $26.5M | 0.02% | −5,909−3.2% | Reduced |
| California State Teachers Retirement System | 180,724 | $26.4M | 0.04% | +50,205+38.5% | Added |
| National Pension Service | 176,241 | $25.8M | 0.04% | 00.0% | Unchanged |
| MY.Alpha Management HK Advisors Ltd | 175,326 | $25.7M | 13.26% | +175,326 | New |
| Ci Investments Inc. | 171,372 | $25.1M | 0.13% | −664−0.4% | Reduced |
| Alyeska Investment Group, L.P. | 170,000 | $24.9M | 0.17% | +170,000 | New |
| Guggenheim Capital LLC | 169,951 | $24.9M | 0.19% | +23,237+15.8% | Added |
| Pinebridge Investments, L.P. | 168,492 | $24.7M | 0.23% | +104,241+162.2% | Added |
| TD Asset Management Inc | 160,476 | $23.5M | 0.02% | +129,776+422.7% | Added |
| Teacher Retirement System of Texas | 156,643 | $22.9M | 0.16% | −2,123−1.3% | Reduced |
| La Financiere de L'Echiquier | 154,500 | $22.6M | 1.04% | −23,500−13.2% | Reduced |
| Nan Fung Trinity (HK) Ltd | 153,300 | $22.4M | 4.65% | 00.0% | Unchanged |
| Macquarie Group Ltd | 151,878 | $22.2M | 0.03% | +20,907+16.0% | Added |
| Asset Management One Co.,Ltd. | 152,865 | $22.2M | 0.09% | +25,023+19.6% | Added |
| AI-Squared Management Ltd | 150,735 | $22.1M | 28.11% | +150,735 | New |
| Susquehanna International Group, LLP | 147,641 | $21.6M | 0.04% | +96,694+189.8% | Added |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 143,514 | $21.0M | 0.80% | +3,337+2.4% | Added |
| Quadrature Capital Ltd | 143,466 | $21.0M | 0.38% | +143,466 | New |
| Janus Henderson Group PLC | 135,899 | $19.9M | 0.01% | +29,256+27.4% | Added |
| Twinbeech Capital LP | 135,350 | $19.8M | 0.32% | +103,873+330.0% | Added |
| Massachusetts Financial Services Co | 133,037 | $19.5M | 0.01% | +23,429+21.4% | Added |
| All-Stars Investment Ltd | 127,000 | $18.6M | 7.52% | 00.0% | Unchanged |
| Breakout Capital Partners, LP | 125,498 | $18.4M | 13.47% | +125,498 | New |
| Putnam Investments LLC | 124,492 | $18.2M | 0.02% | +48,889+64.7% | Added |
| AlpInvest Partners B.V. | 122,616 | $17.9M | 4.10% | 00.0% | Unchanged |