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, Q1 2024
Institutional positions in PDD Holdings Inc. as of Mar 31, 2024. 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
- 577
- +3 vs. Q4 2023
- Shares held
- 380.0M
- −1.13M (−0.3%) vs. Q4 2023
- Total value
- $44.2B
- −$11.6B (−20.7%) vs. Q4 2023
- New holders
- 99
- 226 more added
- Sold out
- 96
- 201 more reduced
10 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 34,780,280 | $4.04B | 3.14% | −3,179,958−8.4% | Reduced |
| BlackRock Inc. | 28,142,861 | $3.27B | 0.08% | +739,642+2.7% | Added |
| Vanguard Group Inc | 24,261,575 | $2.82B | 0.06% | +97,648+0.4% | Added |
| FMR LLC | 14,618,676 | $1.70B | 0.11% | −3,475,769−19.2% | Reduced |
| SC US (TTGP), Ltd. | 12,695,617 | $1.48B | 10.91% | −1,751,480−12.1% | Reduced |
| Morgan Stanley | 12,521,908 | $1.46B | 0.12% | +668,235+5.6% | Added |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 11,791,547 | $1.37B | 29.77% | +1,680,600+16.6% | Added |
| UBS Asset Management Americas Inc | 11,227,796 | $1.31B | 0.46% | −899,279−7.4% | Reduced |
| Goldman Sachs Group Inc | 11,003,524 | $1.28B | 0.27% | +5,547,311+101.7% | Added |
| State Street Corp | 10,485,073 | $1.22B | 0.05% | +84,822+0.8% | Added |
| Arrowstreet Capital, Limited Partnership | 7,232,218 | $840.7M | 0.78% | +2,380,993+49.1% | Added |
| Norges Bank | 7,138,720 | $829.9M | 0.13% | −209,872−2.9% | Reduced |
| JPMorgan Chase & Co | 5,088,382 | $591.5M | 0.05% | −802,998−13.6% | Reduced |
| Assenagon Asset Management S.A. | 5,087,255 | $591.4M | 1.57% | +5,055,169+15,755.1% | Added |
| Invesco Ltd. | 5,026,779 | $584.4M | 0.13% | +366,793+7.9% | Added |
| Price T Rowe Associates Inc | 4,704,264 | $546.9M | 0.07% | −212,806−4.3% | Reduced |
| E Fund Management Co., Ltd. | 4,561,279 | $530.2M | 32.84% | −20,661−0.5% | Reduced |
| Bank of America Corp | 4,079,970 | $474.3M | 0.05% | +2,912,782+249.6% | Added |
| Geode Capital Management, LLC | 4,029,056 | $466.0M | 0.04% | +191,208+5.0% | Added |
| Legal & General Group Plc | 3,772,849 | $438.6M | 0.13% | −17,104−0.5% | Reduced |
| IDG China Venture Capital Fund IV Associates L.P. | 3,756,867 | $436.7M | 98.63% | −931,533−19.9% | Reduced |
| HSBC Holdings PLC | 3,685,676 | $429.9M | 0.31% | +812,202+28.3% | Added |
| SRS Investment Management, LLC | 3,647,247 | $424.0M | 5.86% | −643,266−15.0% | Reduced |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 3,634,667 | $422.5M | 13.10% | −1,100,702−23.2% | Reduced |
| Tairen Capital Ltd | 3,590,300 | $417.4M | 25.53% | +1,326,863+58.6% | Added |
| Krane Funds Advisors LLC | 3,294,619 | $390.4M | 16.04% | +94,945+3.0% | Added |
| FIL Ltd | 3,134,861 | $364.4M | 0.36% | −923,887−22.8% | Reduced |
| BNP Paribas Arbitrage, SA | 2,916,092 | $339.0M | 0.42% | +369,392+14.5% | Added |
| Marshall Wace, LLP | 2,592,886 | $301.4M | 0.50% | −107,620−4.0% | Reduced |
| Robeco Institutional Asset Management B.V. | 2,470,832 | $287.2M | 0.62% | −36,704−1.5% | Reduced |
| Oceanlink Management Ltd. | 2,369,888 | $275.5M | 44.17% | −671,993−22.1% | Reduced |
| UBS Group AG | 2,146,040 | $249.5M | 0.08% | +207,650+10.7% | Added |
| Dimensional Fund Advisors LP | 2,127,596 | $247.3M | 0.07% | +507,890+31.4% | Added |
| Appaloosa LPSuperinvestorAppaloosa | 2,100,000 | $244.1M | 3.65% | +1,325,000+171.0% | Added |
| Schroder Investment Management Group | 2,017,776 | $234.6M | 0.28% | −720,601−26.3% | Reduced |
| CoreView Capital Management Ltd | 1,962,451 | $228.1M | 31.89% | 00.0% | Unchanged |
| Newlands Management Operations LLC | 1,955,653 | $227.3M | 1.83% | +6,613+0.3% | Added |
| William Blair Investment Management, LLC | 1,862,218 | $216.5M | 0.56% | −438,575−19.1% | Reduced |
| First Beijing Investment Ltd | 1,826,196 | $212.3M | 40.87% | +6,803+0.4% | Added |
| Nuveen Asset Management, LLC | 1,820,932 | $211.7M | 0.06% | −281,635−13.4% | Reduced |
| Altimeter Capital Management, LPSuperinvestorAltimeter Capital | 1,767,931 | $205.5M | 3.16% | −114,839−6.1% | Reduced |
| Acadian Asset Management LLC | 1,766,644 | $205.4M | 0.72% | −192,156−9.8% | Reduced |
| Public Investment Fund | 1,703,275 | $198.0M | 1.10% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 1,693,766 | $196.9M | 0.81% | +1,212,510+251.9% | Added |
| APG Asset Management N.V. | 1,726,004 | $185.8M | 0.33% | +248,400+16.8% | Added |
| Trivest Advisors Ltd | 1,576,700 | $183.3M | 6.44% | +531,700+50.9% | Added |
| Millennium Management LLC | 1,568,155 | $182.3M | 0.15% | +797,088+103.4% | Added |
| Bridgewater Associates, LP | 1,544,497 | $179.5M | 0.91% | −892,158−36.6% | Reduced |
| SC China Holding Ltd | 1,399,444 | $179.2M | 16.58% | −193,066−12.1% | Reduced |
| National Bank of Canada | 1,271,515 | $173.3M | 0.30% | +971,560+323.9% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,455,810 | $169.2M | 0.12% | −13,039−0.9% | Reduced |
| Capital Today Evergreen Fund, L.P. | 1,453,900 | $169.0M | 91.48% | −1,000,000−40.8% | Reduced |
| Coronation Fund Managers Ltd. | 1,354,291 | $157.4M | 4.28% | +648,140+91.8% | Added |
| Swiss National Bank | 1,349,709 | $156.9M | 0.11% | +10,769+0.8% | Added |
| Barclays PLC | 1,334,011 | $155.1M | 0.07% | +184,821+16.1% | Added |
| Bank of New York Mellon Corp | 1,331,984 | $154.8M | 0.03% | −223,454−14.4% | Reduced |
| Deutsche Bank AG | 1,324,760 | $154.0M | 0.07% | −7,504−0.6% | Reduced |
| Scge Management, L.P. | 1,276,000 | $148.3M | 2.81% | 00.0% | Unchanged |
| Whale Rock Capital Management LLC | 1,238,584 | $144.0M | 2.14% | −480,688−28.0% | Reduced |
| Pictet Asset Management Holding SA | 1,231,336 | $143.1M | 0.16% | −149,337−10.8% | Reduced |
| Ameriprise Financial Inc | 1,197,404 | $139.2M | 0.04% | −94,792−7.3% | Reduced |
| Alliancebernstein L.P. | 1,162,261 | $135.1M | 0.05% | +608,635+109.9% | Added |
| Northern Trust Corp | 1,161,777 | $135.1M | 0.02% | +22,505+2.0% | Added |
| Perseverance Asset Management International | 1,137,952 | $132.3M | 23.89% | +488,196+75.1% | Added |
| Cederberg Capital Ltd | 1,132,700 | $131.7M | 36.51% | −267,600−19.1% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 1,086,000 | $126.2M | 0.44% | +672,400+162.6% | Added |
| Dragoneer Investment Group, LLC | 1,080,492 | $125.6M | 2.91% | −1,016,960−48.5% | Reduced |
| First Trust Advisors LP | 1,064,404 | $123.7M | 0.13% | +208,130+24.3% | Added |
| California Public Employees Retirement System | 1,050,396 | $122.1M | 0.09% | −34,027−3.1% | Reduced |
| Ninety One UK Ltd | 1,022,986 | $118.9M | 0.33% | −587,748−36.5% | Reduced |
| WT Asset Management Ltd | 1,011,226 | $117.6M | 11.84% | +736,096+267.5% | Added |
| Qube Research & Technologies Ltd | 996,090 | $115.8M | 0.21% | +639,457+179.3% | Added |
| Mirae Asset Global Investments Co., Ltd. | 1,270,312 | $114.0M | 0.25% | −252,844−16.6% | Reduced |
| Victory Capital Management Inc | 971,030 | $112.9M | 0.11% | +49,650+5.4% | Added |
| Allianz Asset Management GmbH | 963,180 | $112.0M | 0.19% | −110,737−10.3% | Reduced |
| Origin Asset Management LLP | 957,918 | $111.4M | 30.66% | −22,630−2.3% | Reduced |
| Credit Suisse AG | 943,951 | $109.7M | 0.11% | −14,251−1.5% | Reduced |
| Genesis Investment Management, LLP | 929,858 | $108.1M | 22.56% | −13,200−1.4% | Reduced |
| Great West Life Assurance Co | 904,074 | $105.2M | 0.21% | −10,784−1.2% | Reduced |
| Franchise Capital Ltd | 902,426 | $104.9M | 19.51% | +137,230+17.9% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 902,378 | $104.9M | 0.41% | +163,958+22.2% | Added |
| Principal Financial Group Inc | 887,931 | $103.2M | 0.06% | +161,175+22.2% | Added |
| 1832 Asset Management L.P. | 839,200 | $97.6M | 0.18% | −70,700−7.8% | Reduced |
| Man Group plc | 836,448 | $97.2M | 0.26% | +426,621+104.1% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 818,783 | $95.2M | 0.41% | +184,280+29.0% | Added |
| Point72 Asset Management, L.P. | 812,733 | $94.5M | 0.27% | +523,733+181.2% | Added |
| Prudential PLC | 804,908 | $93.6M | 0.77% | +130,254+19.3% | Added |
| AQR Capital Management LLC | 801,939 | $93.2M | 0.16% | +24,261+3.1% | Added |
| Pinpoint Asset Management Ltd | 779,986 | $91.2M | 14.70% | +106,996+15.9% | Added |
| Charles Schwab Investment Management Inc | 746,545 | $86.8M | 0.02% | −11,943−1.6% | Reduced |
| ProShare Advisors LLC | 738,881 | $85.9M | 0.23% | +149,979+25.5% | Added |
| RWC Asset Advisors (US) LLC | 723,197 | $84.1M | 6.60% | −1,200,594−62.4% | Reduced |
| Point72 Hong Kong Ltd | 723,097 | $84.1M | 4.24% | +415,586+135.1% | Added |
| Franklin Resources Inc | 686,479 | $79.8M | 0.03% | +257,855+60.2% | Added |
| Causeway Capital Management LLC | 682,373 | $79.3M | 2.07% | +24,856+3.8% | Added |
| Citigroup Inc | 678,736 | $78.9M | 0.09% | +114,079+20.2% | Added |
| IvyRock Asset Management (HK) Ltd | 678,636 | $78.9M | 36.70% | +38,950+6.1% | Added |
| Jane Street Group, LLC | 678,439 | $78.9M | 0.10% | −2,034,184−75.0% | Reduced |
| Fisher Asset Management, LLC | 668,510 | $77.7M | 0.04% | −1,058,403−61.3% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 665,119 | $77.5M | 0.18% | −108,183−14.0% | Reduced |