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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
Rockefeller Capital Management L.P.35,852$4.17M0.01%−2,823−7.3%Reduced
Capstone Investment Advisors, LLC36,436$4.24M0.08%+22,694+165.1%Added
Vontobel Holding Ltd.36,676$4.26M0.03%−731,518−95.2%Reduced
FengHe Fund Management Pte. Ltd.37,210$4.33M0.54%−152,190−80.4%Reduced
Janney Capital Management LLC37,264$4.33M0.29%+37,264New
Chiron Investment Management, LLC37,599$4.37M1.90%+36,840+4,853.8%Added
ABS Direct Equity Fund LLC37,700$4.38M4.29%+13,700+57.1%Added
Walleye Capital LLC40,285$4.68M0.05%+40,285New
Engineers Gate Manager LP41,195$4.79M0.13%+17,445+73.5%Added
Eisler Capital (UK) Ltd.41,392$4.81M0.60%+12,133+41.5%Added
Schonfeld Strategic Advisors LLC43,039$5.00M0.04%+3,900+10.0%Added
CIBC World Markets Corp43,981$5.11M0.03%−51,879−54.1%Reduced
Qtron Investments LLC45,223$5.26M0.74%−6,327−12.3%Reduced
O'Shaughnessy Asset Management, LLC45,342$5.27M0.06%+7,337+19.3%Added
Nissay Asset Management Corp45,490$5.29M0.04%+27,626+154.6%Added
Maxi Investments CY Ltd46,065$5.36M1.44%+4,580+11.0%Added
Unigestion Holding SA46,077$5.36M0.26%+19,870+75.8%Added
Taika Capital, LP47,135$5.48M2.84%+47,135New
Gulf International Bank (UK) Ltd47,142$5.48M0.14%00.0%Unchanged
Seldon Capital LP48,226$5.61M3.39%00.0%Unchanged
SPX Equities Gestao de Recursos Ltda50,000$5.81M0.51%−14,400−22.4%Reduced
Daiwa Securities Group Inc.50,977$5.93M0.03%+4,174+8.9%Added
CastleKnight Management LP51,100$5.94M0.87%+41,900+455.4%Added
Tiger Pacific Capital LP51,200$5.95M1.38%−30,335−37.2%Reduced
Twenty Acre Capital LP51,500$5.99M5.84%−3,700−6.7%Reduced
Louisiana State Employees Retirement System52,400$6.09M0.12%−700−1.3%Reduced
Verition Fund Management LLC52,739$6.13M0.06%+14,792+39.0%Added
American International Group, Inc.53,293$6.20M0.02%+74+0.1%Added
STRS Ohio53,599$6.23M0.02%+53,599New
Strategic Vision Investment Ltd54,000$6.28M4.53%+54,000New
Artisan Partners Limited Partnership54,164$6.30M0.01%+5,223+10.7%Added
CTC LLC54,175$6.30M0.10%+54,175New
Artal Group S.A.56,500$6.57M0.17%+24,000+73.8%Added
Old Well Partners, LLC57,639$6.70M5.97%−300−0.5%Reduced
Ensign Peak Advisors, Inc58,900$6.85M0.01%+900+1.6%Added
Liontrust Investment Partners LLP59,119$6.87M0.10%+6,471+12.3%Added
Federation des caisses Desjardins du Quebec54,496$6.97M0.05%+31,510+137.1%Added
CMT Capital Markets Trading GmbH65,250$7.58M3.46%+65,250New
Ramirez Asset Management, Inc.66,521$7.73M1.56%−17,066−20.4%Reduced
Varma Mutual Pension Insurance Co68,400$7.95M0.07%+15,000+28.1%Added
Voya Investment Management LLC69,039$8.03M0.01%−247,622−78.2%Reduced
iA Global Asset Management Inc.73,060$8.49M0.17%+4,467+6.5%Added
Sumitomo Mitsui DS Asset Management Company, Ltd75,321$8.76M0.11%−27,125−26.5%Reduced
Thrivent Financial for Lutherans76,985$8.95M0.02%+15,889+26.0%Added
Capitolis Liquid Global Markets LLC77,000$8.95M0.14%−6,000−7.2%Reduced
China Universal Asset Management Co., Ltd.78,893$9.17M1.17%+28,670+57.1%Added
Shelton Capital Management80,236$9.33M0.27%+1,954+2.5%Added
Advisor Group Holdings, Inc.83,835$9.75M0.02%−16,554−16.5%Reduced
Orland Properties Ltd85,000$9.88M5.58%00.0%Unchanged
TB Alternative Assets Ltd.87,000$10.1M2.53%00.0%Unchanged
Coalescence Partners Investment Management, LP87,474$10.2M8.29%+34,151+64.0%Added
Profund Advisors LLC87,867$10.2M0.40%−6,987−7.4%Reduced
Trexquant Investment LP88,649$10.3M0.21%−8,079−8.4%Reduced
Nomura Asset Management Co Ltd89,478$10.4M0.04%+1,131+1.3%Added
Global X Japan Co., Ltd.91,176$10.6M2.25%+79,729+696.5%Added
Owl Creek Asset Management, L.P.91,643$10.7M1.51%+91,643New
Kames Capital plc92,973$10.8M0.16%−20,562−18.1%Reduced
Carrhae Capital LLP95,231$11.1M2.17%+3,257+3.5%Added
DnB Asset Management AS95,335$11.1M0.06%−158,649−62.5%Reduced
Breakout Capital Partners, LP96,818$11.3M7.53%−28,680−22.9%Reduced
Portman Ltd99,219$11.5M15.46%+99,219New
La Financiere de L'Echiquier99,500$11.6M0.50%−55,000−35.6%Reduced
Rafferty Asset Management, LLC100,646$11.7M0.04%+27,715+38.0%Added
Rhumbline Advisers102,250$11.9M0.01%−1,267−1.2%Reduced
H&H International Investment, LLCSuperinvestorH&H International Investment110,000$12.8M0.09%+110,000New
Twinbeech Capital LP114,848$13.4M0.28%−20,502−15.1%Reduced
Ci Investments Inc.115,624$13.4M0.05%−55,748−32.5%Reduced
Aubrey Capital Management Ltd117,700$13.5M4.79%+20,500+21.1%Added
CIBC Asset Management Inc116,944$13.6M0.05%+7,870+7.2%Added
Nomura Holdings Inc117,568$13.7M0.11%−563,224−82.7%Reduced
Polymer Capital Management (HK) LTD120,641$14.0M3.53%+20,379+20.3%Added
PEAK6 Investments LLC120,994$14.1M0.68%+120,994New
FACT Capital, LP122,197$14.2M5.17%+5,865+5.0%Added
AlpInvest Partners B.V.122,616$14.3M5.57%00.0%Unchanged
Janus Henderson Group PLC123,039$14.3M0.01%−12,860−9.5%Reduced
Panagora Asset Management Inc123,855$14.4M0.08%+3,216+2.7%Added
Parus Finance (UK) Ltd124,407$14.5M5.45%+115,993+1,378.6%Added
New York State Common Retirement Fund125,985$14.6M0.02%−71,609−36.2%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH126,718$14.7M0.53%−16,796−11.7%Reduced
All-Stars Investment Ltd127,000$14.8M5.89%00.0%Unchanged
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main127,094$14.8M0.02%+23,853+23.1%Added
Fullerton Fund Management Co Ltd.129,990$15.1M0.72%−515,276−79.9%Reduced
Pinebridge Investments, L.P.135,893$15.8M0.13%−32,599−19.3%Reduced
Dymon Asia Capital (Singapore) Pte. Ltd.135,934$15.8M17.77%+135,934New
Mackenzie Financial Corp137,227$16.0M0.02%+88,304+180.5%Added
Tudor Investment Corp Et Al138,596$16.1M0.20%+138,596New
TD Asset Management Inc140,016$16.3M0.02%−20,460−12.7%Reduced
Jupiter Asset Management Ltd141,064$16.4M0.16%+77,781+122.9%Added
Grand Alliance Asset Management Ltd147,460$17.1M9.76%+131,310+813.1%Added
Asset Management One Co.,Ltd.147,794$17.2M0.07%−5,071−3.3%Reduced
Kadensa Capital Ltd148,336$17.2M4.68%+47,651+47.3%Added
Ardmore Road Asset Management LP150,000$17.4M3.07%+90,000+150.0%Added
Panview Asian Equity Master Fund151,000$17.6M5.51%+151,000New
Nan Fung Trinity (HK) Ltd153,300$17.8M4.05%00.0%Unchanged
Jennison Associates LLC158,092$18.4M0.01%−22,711−12.6%Reduced
Guggenheim Capital LLC162,084$18.8M0.13%−7,867−4.6%Reduced
Macquarie Group Ltd164,943$19.2M0.02%+13,065+8.6%Added
Danske Bank A/S165,278$19.2M0.06%+165,278New
Resona Asset Management Co.,Ltd.173,428$20.2M0.12%+173,428New
National Pension Service174,013$20.2M0.02%−2,228−1.3%Reduced