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 |
|---|---|---|---|---|---|
| Panagora Asset Management Inc | 120,639 | $17.7M | 0.10% | +59,046+95.9% | Added |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 120,000 | $17.6M | 1.30% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 119,186 | $17.4M | 0.07% | +8,566+7.7% | Added |
| Wells Fargo & Company | 117,903 | $17.3M | 0.00% | +70,662+149.6% | Added |
| Wolverine Asset Management LLC | 116,993 | $17.1M | 0.27% | +116,993 | New |
| FACT Capital, LP | 116,332 | $17.0M | 6.82% | −12,127−9.4% | Reduced |
| Kames Capital plc | 113,535 | $16.6M | 0.26% | +113,535 | New |
| CIBC Asset Management Inc | 109,074 | $16.0M | 0.06% | +6,192+6.0% | Added |
| Moore Capital Management, LP | 107,715 | $15.8M | 0.38% | −155,090−59.0% | Reduced |
| 3G Capital Partners LP | 105,000 | $15.4M | 9.37% | −100,000−48.8% | Reduced |
| Rhumbline Advisers | 103,517 | $15.1M | 0.02% | +1,386+1.4% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 103,241 | $15.1M | 0.02% | +28,048+37.3% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 102,446 | $15.0M | 0.20% | −330.0% | Reduced |
| Kadensa Capital Ltd | 100,685 | $14.7M | 3.71% | +100,685 | New |
| Advisor Group Holdings, Inc. | 100,389 | $14.7M | 0.03% | +10,430+11.6% | Added |
| Polymer Capital Management (HK) LTD | 100,262 | $14.7M | 5.13% | +100,262 | New |
| Honeycomb Asset Management LP | 100,000 | $14.6M | 3.55% | +100,000 | New |
| Aubrey Capital Management Ltd | 97,200 | $14.2M | 6.05% | +93,900+2,845.5% | Added |
| Trexquant Investment LP | 96,728 | $14.2M | 0.32% | +96,728 | New |
| CIBC World Markets Corp | 95,860 | $14.0M | 0.08% | +95,860 | New |
| Profund Advisors LLC | 94,854 | $13.9M | 0.60% | +16,871+21.6% | Added |
| Carrhae Capital LLP | 91,974 | $13.5M | 2.66% | +91,974 | New |
| Cubist Systematic Strategies, LLC | 90,546 | $13.2M | 0.16% | +53,738+146.0% | Added |
| Nomura Asset Management Co Ltd | 88,347 | $12.9M | 0.05% | +3,904+4.6% | Added |
| 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 |
| Orland Properties Ltd | 85,000 | $12.4M | 6.07% | 00.0% | Unchanged |
| Ramirez Asset Management, Inc. | 83,587 | $12.2M | 2.48% | −4,951−5.6% | Reduced |
| Capitolis Liquid Global Markets LLC | 83,000 | $12.1M | 0.50% | +83,000 | New |
| Tiger Pacific Capital LP | 81,535 | $11.9M | 2.54% | −55,763−40.6% | Reduced |
| Portolan Capital Management, LLC | 80,844 | $11.8M | 1.03% | +80,844 | New |
| Atika Capital Management LLC | 80,000 | $11.7M | 1.66% | +80,000 | New |
| Shelton Capital Management | 78,282 | $11.5M | 0.37% | +12,857+19.7% | Added |
| Rafferty Asset Management, LLC | 72,931 | $10.7M | 0.04% | −11,836−14.0% | Reduced |
| iA Global Asset Management Inc. | 68,593 | $10.0M | 0.23% | +6,676+10.8% | Added |
| Ogborne Capital Management, LLC | 65,000 | $9.51M | 2.91% | +65,000 | New |
| SPX Equities Gestao de Recursos Ltda | 64,400 | $9.42M | 0.73% | +14,400+28.8% | Added |
| Edmond de Rothschild Holding S.A. | 64,012 | $9.37M | 0.17% | −19,785−23.6% | Reduced |
| Jupiter Asset Management Ltd | 63,283 | $9.26M | 0.09% | −78,469−55.4% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 61,161 | $8.95M | 0.19% | +11,184+22.4% | Added |
| Thrivent Financial for Lutherans | 61,096 | $8.94M | 0.02% | −2,517−4.0% | Reduced |
| Ardmore Road Asset Management LP | 60,000 | $8.78M | 2.00% | +60,000 | New |
| Apeiron Capital Ltd | 59,970 | $8.77M | 12.90% | −62,000−50.8% | Reduced |
| Old Mission Capital LLC | 58,969 | $8.63M | 0.24% | +58,969 | New |
| Ensign Peak Advisors, Inc | 58,000 | $8.49M | 0.02% | +6,550+12.7% | Added |
| Old Well Partners, LLC | 57,939 | $8.48M | 7.89% | −38,061−39.6% | Reduced |
| La Banque Postale Asset Management SA | 56,725 | $8.30M | 0.18% | −4,500−7.3% | Reduced |
| Twenty Acre Capital LP | 55,200 | $8.08M | 7.68% | −9,800−15.1% | Reduced |
| Aware Super Pty Ltd as trustee of Aware Super | 71,104 | $8.06M | 0.11% | +71,104 | New |
| B. Metzler seel. Sohn & Co. AG | 53,515 | $7.83M | 0.10% | +21,833+68.9% | Added |
| Varma Mutual Pension Insurance Co | 53,400 | $7.81M | 0.09% | +53,400 | New |
| Woodline Partners LP | 53,398 | $7.81M | 0.09% | +53,398 | New |
| Coalescence Partners Investment Management, LP | 53,323 | $7.80M | 7.01% | +53,323 | New |
| American International Group, Inc. | 53,219 | $7.79M | 0.03% | +2,026+4.0% | Added |
| Louisiana State Employees Retirement System | 53,100 | $7.77M | 0.16% | +1,600+3.1% | Added |
| Liontrust Investment Partners LLP | 52,648 | $7.70M | 0.11% | +7,648+17.0% | Added |
| Qtron Investments LLC | 51,550 | $7.54M | 1.24% | −11,015−17.6% | Reduced |
| China Universal Asset Management Co., Ltd. | 50,223 | $7.35M | 1.43% | +7,628+17.9% | Added |
| Artisan Partners Limited Partnership | 48,941 | $7.16M | 0.01% | +28,941+144.7% | Added |
| Mackenzie Financial Corp | 48,923 | $7.16M | 0.01% | +18,844+62.6% | Added |
| Banque Cantonale Vaudoise | 48,571 | $7.11M | 0.31% | −1,441−2.9% | Reduced |
| Northwest & Ethical Investments L.P. | 48,551 | $7.10M | 0.22% | −14,587−23.1% | Reduced |
| Seldon Capital LP | 48,226 | $7.06M | 5.41% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 47,142 | $6.90M | 0.19% | −2,398−4.8% | Reduced |
| Daiwa Securities Group Inc. | 46,803 | $6.85M | 0.04% | −127−0.3% | Reduced |
| CIBC World Markets Inc. | 43,301 | $6.33M | 0.02% | +22,067+103.9% | Added |
| Tower Research Capital LLC (TRC) | 43,228 | $6.32M | 0.08% | +19,130+79.4% | Added |
| Balyasny Asset Management LLC | 43,063 | $6.30M | 0.02% | +43,063 | New |
| Maxi Investments CY Ltd | 41,485 | $6.07M | 1.71% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund D | 40,513 | $5.93M | 0.02% | −104,345−72.0% | Reduced |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 40,000 | $5.85M | 0.11% | +40,000 | New |
| Schonfeld Strategic Advisors LLC | 39,139 | $5.73M | 0.05% | +20,400+108.9% | Added |
| Rockefeller Capital Management L.P. | 38,675 | $5.66M | 0.02% | +730+1.9% | Added |
| O'Shaughnessy Asset Management, LLC | 38,005 | $5.56M | 0.07% | +4,354+12.9% | Added |
| Verition Fund Management LLC | 37,947 | $5.55M | 0.06% | +30,644+419.6% | Added |
| ExodusPoint Capital Management, LP | 37,570 | $5.50M | 0.07% | +8,371+28.7% | Added |
| Employees Retirement System of Texas | 36,845 | $5.39M | 0.06% | +29,808+423.6% | Added |
| Perpetual Ltd | 36,511 | $5.34M | 0.06% | +36,511 | New |
| Capital Fund Management S.A. | 34,922 | $5.11M | 0.07% | +13,358+61.9% | Added |
| IFM Investors Pty Ltd | 34,489 | $5.05M | 0.06% | −1,022−2.9% | Reduced |
| Yousif Capital Management, LLC | 33,804 | $4.95M | 0.06% | +2,090+6.6% | Added |
| Shell Asset Management Co | 33,117 | $4.84M | 0.22% | −4,267−11.4% | Reduced |
| Point72 Middle East FZE | 32,703 | $4.78M | 0.33% | +32,703 | New |
| TD Waterhouse Canada Inc. | 24,189 | $4.77M | 0.04% | +115+0.5% | Added |
| Artal Group S.A. | 32,500 | $4.75M | 0.16% | +32,500 | New |
| Crossmark Global Holdings, Inc. | 32,353 | $4.73M | 0.10% | +565+1.8% | Added |
| Assenagon Asset Management S.A. | 32,086 | $4.69M | 0.01% | −569,614−94.7% | Reduced |
| Pacer Advisors, Inc. | 31,272 | $4.58M | 0.01% | +4,410+16.4% | Added |
| Atria Wealth Solutions, Inc. | 29,493 | $4.32M | 0.05% | −6,871−18.9% | Reduced |
| Eisler Capital (UK) Ltd. | 29,259 | $4.28M | 0.39% | +29,259 | New |
| Mirabaud Asset Management Ltd | 28,750 | $4.21M | 1.80% | +28,750 | New |
| HighTower Advisors, LLC | 28,375 | $4.13M | 0.01% | +25,746+979.3% | Added |
| Alps Advisors Inc | 26,497 | $3.88M | 0.03% | −8,759−24.8% | Reduced |
| Unigestion Holding SA | 26,207 | $3.83M | 0.21% | +24,102+1,145.0% | Added |
| Eaton Financial Holdings Company, LLC | 26,100 | $3.82M | 0.92% | 00.0% | Unchanged |
| Parametrica Management Ltd | 25,561 | $3.74M | 6.14% | −15,839−38.3% | Reduced |
| Oberweis Asset Management Inc | 25,000 | $3.66M | 0.34% | 00.0% | Unchanged |
| Redwood Investment Management, LLC | 24,098 | $3.53M | 0.32% | +24,098 | New |
| ABS Direct Equity Fund LLC | 24,000 | $3.51M | 3.30% | +24,000 | New |
| Engineers Gate Manager LP | 23,750 | $3.47M | 0.10% | +13,060+122.2% | Added |