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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.

Institutional holdersQ1 2024: 577 institutions
Q1 2021: 442 institutionsQ2 2021: 415 institutionsQ3 2021: 396 institutionsQ4 2021: 362 institutionsQ1 2022: 353 institutionsQ2 2022: 394 institutionsQ3 2022: 411 institutionsQ4 2022: 451 institutionsQ1 2023: 468 institutionsQ2 2023: 452 institutionsQ3 2023: 473 institutionsQ4 2023: 584 institutionsQ1 2024: 577 institutionsQ2 2024: 646 institutionsQ3 2024: 602 institutionsQ4 2024: 587 institutionsQ1 2025: 584 institutionsQ2 2025: 537 institutionsQ3 2025: 560 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ1 2024: $44.2B
Q1 2021: $31.9BQ2 2021: $31.8BQ3 2021: $24.7BQ4 2021: $15.7BQ1 2022: $11.0BQ2 2022: $17.7BQ3 2022: $19.2BQ4 2022: $26.5BQ1 2023: $25.9BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $55.8BQ1 2024: $44.2BQ2 2024: $57.6BQ3 2024: $55.8BQ4 2024: $39.5BQ1 2025: $49.1BQ2 2025: $42.9BQ3 2025: $53.9BQ4 2025: $49.6BQ1 2026: $43.4BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.4B
Q4 2025574$49.6B
Q3 2025560$53.9B
Q2 2025537$42.9B
Q1 2025584$49.1B
Q4 2024587$39.5B
Q3 2024602$55.8B
Q2 2024646$57.6B
Q1 2024577$44.2B
Q4 2023584$55.8B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$25.9B
Q4 2022451$26.5B
Q3 2022411$19.2B
Q2 2022394$17.7B
Q1 2022353$11.0B
Q4 2021362$15.7B
Q3 2021396$24.7B
Q2 2021415$31.8B
Q1 2021442$31.9B

Institutions, Q1 2024

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2023.

Institutions holding PDD in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Brinker Capital Investments, LLC10,256$1.19M0.01%−1,296−11.2%Reduced
Orion Portfolio Solutions, LLC10,256$1.19M0.01%−1,296−11.2%Reduced
Churchill Management Corp10,375$1.21M0.02%−908−8.0%Reduced
Employees Retirement System of Texas10,436$1.21M0.01%−26,409−71.7%Reduced
Pathstone Holdings, LLC10,524$1.22M0.01%−270−2.5%Reduced
State of Wyoming10,600$1.23M0.21%+900+9.3%Added
Abn Amro Investment Solutions11,020$1.28M0.02%+790+7.7%Added
STF Management LP11,142$1.30M0.56%−104−0.9%Reduced
Atomi Financial Group, Inc.11,188$1.30M0.12%−128−1.1%Reduced
Caption Management, LLC11,400$1.33M0.15%+7,996+234.9%Added
Compagnie Lombard Odier SCmA11,400$1.33M0.02%+8,300+267.7%Added
Cigna Investments Inc11,591$1.35M0.26%−115−1.0%Reduced
Vaughan Nelson Investment Management, L.P.11,740$1.36M0.01%+11,740New
JustInvest LLC11,828$1.38M0.03%+608+5.4%Added
Dai-Ichi Life Insurance Company, Ltd12,069$1.40M0.03%−1,799−13.0%Reduced
Agf Management Ltd12,501$1.45M0.01%−1,409−10.1%Reduced
Aperture Investors, LLC12,607$1.47M0.19%+1,512+13.6%Added
Ritholtz Wealth Management13,042$1.52M0.05%+853+7.0%Added
Wetherby Asset Management Inc13,053$1.52M0.07%−167−1.3%Reduced
Knights of Columbus Asset Advisors LLC13,327$1.55M0.11%−62−0.5%Reduced
Anthracite Investment Company, Inc.13,425$1.56M0.79%+13,425New
Hershey Trust Co13,541$1.57M0.01%+13,541New
Solstein Capital, LLC13,670$1.59M1.10%+490+3.7%Added
GWM Advisors LLC13,903$1.62M0.01%+7,089+104.0%Added
LPL Financial LLC13,970$1.62M0.00%−4,714−25.2%Reduced
Oppenheimer & Co Inc14,010$1.63M0.03%+168+1.2%Added
Cerity Partners LLC14,144$1.64M0.00%+2,874+25.5%Added
Allspring Global Investments Holdings, LLC14,245$1.66M0.00%+14,245New
Copperwynd Financial, LLC14,260$1.66M0.60%+1,181+9.0%Added
Oberweis Asset Management Inc14,500$1.69M0.12%−10,500−42.0%Reduced
TCW Group Inc14,586$1.70M0.02%+112+0.8%Added
QRG Capital Management, Inc.14,735$1.71M0.02%+331+2.3%Added
AustralianSuper Pty Ltd14,503$1.73M0.01%00.0%Unchanged
Natixis14,897$1.73M0.01%+12,629+556.8%Added
Intech Investment Management LLC14,922$1.73M0.02%−1,530−9.3%Reduced
RBF Capital, LLC15,000$1.74M0.10%00.0%Unchanged
Erste Asset Management GmbH15,155$1.77M0.02%+155+1.0%Added
Raymond James & Associates15,493$1.80M0.00%+1,131+7.9%Added
Dantai Capital Ltd15,600$1.81M2.10%−1,490−8.7%Reduced
NewEdge Wealth, LLC13,189$1.81M0.04%+11,171+553.6%Added
Triasima Portfolio Management inc.15,760$1.83M0.15%+3,369+27.2%Added
Creative Planning15,945$1.85M0.00%+1,688+11.8%Added
Virtu Financial LLC16,554$1.92M0.15%+16,554New
Nipun Capital, L.P.16,900$1.96M1.74%+16,900New
ClariVest Asset Management LLC16,907$1.97M0.20%+16,807+16,807.0%Added
Capital Wealth Planning, LLC16,993$1.98M0.02%+5,546+48.4%Added
Campbell & CO Investment Adviser LLC17,053$1.98M0.17%+14,560+584.0%Added
Gsa Capital Partners LLP17,457$2.03M0.16%−217−1.2%Reduced
Jump Financial, LLC17,693$2.06M0.06%+15,832+850.7%Added
Leonteq Securities AG17,706$2.06M0.28%+9,915+127.3%Added
Maytus Capital Management, LLC18,000$2.09M0.89%+18,000New
Mariner, LLC18,233$2.12M0.00%−1,538−7.8%Reduced
Commonwealth Equity Services, LLC18,566$2.16M0.00%+6,829+58.2%Added
Ameritas Investment Partners, Inc.19,373$2.25M0.08%00.0%Unchanged
Holocene Advisors, LP19,540$2.27M0.01%+19,540New
New Thinking (Hong Kong) Investment Management Co. Ltd19,566$2.27M22.81%+19,566New
Morningstar Investment Management LLC19,859$2.31M0.25%00.0%Unchanged
CenterBook Partners LP19,974$2.32M0.16%+9,234+86.0%Added
Goldstream Capital Management Ltd20,914$2.43M1.37%+8,134+63.6%Added
Janney Montgomery Scott LLC21,074$2.45M0.01%−2,444−10.4%Reduced
Degroof Petercam Asset Management21,300$2.48M0.03%+8,200+62.6%Added
AnglePoint Asset Management Ltd21,838$2.54M4.77%+21,838New
NEOS Investment Management LLC22,311$2.59M0.16%+312+1.4%Added
Adviser Investments LLC22,512$2.62M0.04%+22,512New
Advisory Services Network, LLC22,648$2.63M0.06%+5,487+32.0%Added
UBS Oconnor LLC22,895$2.66M0.08%+11,100+94.1%Added
Contrarius Investment Management Ltd24,002$2.79M0.16%−197,551−89.2%Reduced
Redwood Investment Management, LLC24,098$2.80M0.27%00.0%Unchanged
Tower Research Capital LLC (TRC)24,354$2.83M0.07%−18,874−43.7%Reduced
Railway Pension Investments Ltd24,400$2.84M0.03%+17,300+243.7%Added
AMF Pensionsforsakring AB24,466$2.84M0.02%+24,466New
BI Asset Management Fondsmaeglerselskab A/S24,505$2.85M0.05%−36,656−59.9%Reduced
Jefferies Financial Group Inc.25,800$3.00M0.06%+25,800New
Prospera Financial Services Inc26,202$3.05M0.09%+5,526+26.7%Added
State of New Jersey Common Pension Fund D26,729$3.11M0.01%−13,784−34.0%Reduced
Banque Cantonale Vaudoise26,951$3.13M0.12%−21,620−44.5%Reduced
Lord, Abbett & Co. LLC27,220$3.17M0.01%−853,136−96.9%Reduced
Envestnet Asset Management Inc28,098$3.27M0.00%+7,037+33.4%Added
Centiva Capital, LP28,974$3.37M0.19%+28,974New
B. Metzler seel. Sohn & Co. AG29,301$3.41M0.04%−24,214−45.2%Reduced
Henry James International Management, Inc.30,443$3.54M1.09%+7,582+33.2%Added
Edmond de Rothschild Holding S.A.30,960$3.60M0.06%−33,052−51.6%Reduced
Alps Advisors Inc31,061$3.61M0.03%+4,564+17.2%Added
Mediolanum International Funds Ltd31,030$3.62M0.06%+31,030New
Wells Fargo & Company31,268$3.63M0.00%−86,635−73.5%Reduced
AMS Capital Ltda38,842$3.66M1.00%+17,491+81.9%Added
Y-Intercept (Hong Kong) Ltd31,575$3.67M0.28%+31,575New
Pacer Advisors, Inc.31,600$3.67M0.01%+328+1.0%Added
Keystone Investors Pte Ltd32,185$3.74M0.32%−689,847−95.5%Reduced
Wexford Capital LP32,371$3.76M0.77%+32,371New
Crossmark Global Holdings, Inc.32,484$3.78M0.07%+131+0.4%Added
Shell Asset Management Co29,127$3.87M0.18%−3,990−12.0%Reduced
Yousif Capital Management, LLC33,344$3.88M0.04%−460−1.4%Reduced
Van Eck Associates Corp34,293$3.99M0.01%+18,178+112.8%Added
Cetera Investment Advisers34,299$3.99M0.01%+34,299New
Axiom Investors LLC34,436$4.00M0.04%−276,376−88.9%Reduced
IFM Investors Pty Ltd34,489$4.01M0.04%00.0%Unchanged
Northwest & Ethical Investments L.P.34,831$4.05M0.12%−13,720−28.3%Reduced
Optimas Capital Ltd35,634$4.14M3.62%+35,634New
Eschler Asset Management LLP35,764$4.16M2.69%+35,764New