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 |
|---|---|---|---|---|---|
| Thornburg Investment Management Inc | 180,737 | $21.0M | 0.29% | −61,475−25.4% | Reduced |
| RWC Asset Management LLP | 183,789 | $21.4M | 1.34% | −347,602−65.4% | Reduced |
| Ogborne Capital Management, LLC | 185,000 | $21.5M | 5.40% | +120,000+184.6% | Added |
| Cubist Systematic Strategies, LLC | 186,068 | $21.6M | 0.25% | +95,522+105.5% | Added |
| Balyasny Asset Management LLC | 190,428 | $22.1M | 0.06% | +147,365+342.2% | Added |
| Oversea-Chinese Banking CORP Ltd | 196,894 | $22.9M | 0.74% | −72,131−26.8% | Reduced |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 200,000 | $23.3M | 1.57% | +80,000+66.7% | Added |
| M&G Plc | 201,892 | $23.4M | 0.14% | +201,892 | New |
| SEI Investments Co | 216,038 | $25.1M | 0.04% | −49,658−18.7% | Reduced |
| California State Teachers Retirement System | 217,319 | $25.3M | 0.03% | +36,595+20.2% | Added |
| Hel Ved Capital Management Ltd | 218,100 | $25.4M | 6.29% | −74,500−25.5% | Reduced |
| Penserra Capital Management LLC | 219,681 | $25.5M | 0.32% | −35,416−13.9% | Reduced |
| Teacher Retirement System of Texas | 221,822 | $25.8M | 0.16% | +65,179+41.6% | Added |
| Vontobel Asset Management Inc | 232,802 | $26.8M | 0.15% | +232,802 | New |
| MY.Alpha Management HK Advisors Ltd | 231,119 | $26.9M | 10.08% | +55,793+31.8% | Added |
| Blue Creek Capital Management Ltd | 232,221 | $27.0M | 19.95% | +29,000+14.3% | Added |
| Walleye Trading LLC | 234,436 | $27.3M | 0.45% | +234,436 | New |
| AXA S.A. | 235,913 | $27.4M | 0.08% | +52,188+28.4% | Added |
| Value Star Asset Management (Hong Kong) Ltd | 236,968 | $27.5M | 9.50% | −1,850−0.8% | Reduced |
| Keywise Capital Management (HK) Ltd | 238,500 | $27.7M | 3.76% | −236,100−49.7% | Reduced |
| Ninety One North America, Inc. | 241,982 | $28.1M | 1.37% | −127,735−34.5% | Reduced |
| Candriam Luxembourg S.C.A. | 244,400 | $28.4M | 0.18% | −67,660−21.7% | Reduced |
| Monolith Management Ltd | 244,500 | $28.4M | 11.28% | −121,500−33.2% | Reduced |
| Prudential Financial Inc | 250,032 | $29.1M | 0.04% | −1,824−0.7% | Reduced |
| Oxbow Capital Management (HK) Ltd | 257,000 | $29.9M | 11.93% | +257,000 | New |
| Mane Global Capital Management LP | 264,104 | $30.7M | 2.60% | −181,795−40.8% | Reduced |
| Bright Valley Capital Ltd | 283,400 | $32.9M | 48.78% | −304,350−51.8% | Reduced |
| RV Capital GmbH | 290,400 | $33.8M | 9.02% | +91,300+45.9% | Added |
| Susquehanna International Group, LLP | 291,550 | $33.9M | 0.05% | +143,909+97.5% | Added |
| Nordea Investment Management AB | 293,509 | $34.2M | 0.04% | −3,581−1.2% | Reduced |
| 3G Capital Partners LP | 295,000 | $34.3M | 14.41% | +190,000+181.0% | Added |
| Los Angeles Capital Management LLC | 296,786 | $34.5M | 0.12% | +177,600+149.0% | Added |
| Sequoia China Equity Partners (Hong Kong) Ltd | 300,000 | $34.9M | 6.56% | −200,000−40.0% | Reduced |
| Neuberger Berman Group LLC | 300,542 | $34.9M | 0.03% | +97,830+48.3% | Added |
| SG Americas Securities, LLC | 305,617 | $35.5M | 0.18% | −309,993−50.4% | Reduced |
| IMC-Chicago, LLC | 310,275 | $36.1M | 1.26% | +310,275 | New |
| KBC Group NV | 310,868 | $36.1M | 0.11% | +27,696+9.8% | Added |
| Yong Rong (HK) Asset Management Ltd | 316,900 | $36.8M | 9.83% | −274,800−46.4% | Reduced |
| Public Sector Pension Investment Board | 318,394 | $37.0M | 0.27% | −32,071−9.2% | Reduced |
| Thunderbird Partners LLP | 330,174 | $38.4M | 9.85% | −41,060−11.1% | Reduced |
| Massachusetts Financial Services Co | 333,288 | $38.7M | 0.01% | +200,251+150.5% | Added |
| Alberta Investment Management Corp | 338,179 | $39.3M | 0.40% | 00.0% | Unchanged |
| Polar Capital Holdings Plc | 343,207 | $39.9M | 0.24% | −48,171−12.3% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 349,941 | $40.7M | 0.14% | +21,169+6.4% | Added |
| Sylebra Capital LLC | 353,202 | $41.1M | 1.36% | −97,761−21.7% | Reduced |
| Matthews International Capital Management LLC | 360,693 | $41.9M | 8.26% | −347,891−49.1% | Reduced |
| D. E. Shaw & Co., Inc. | 374,834 | $43.6M | 0.06% | −774,574−67.4% | Reduced |
| Storebrand Asset Management AS | 375,442 | $43.6M | 0.15% | +1,905+0.5% | Added |
| Handelsbanken Fonder AB | 384,369 | $44.7M | 0.19% | −31,962−7.7% | Reduced |
| British Columbia Investment Management Corp | 401,100 | $46.6M | 0.32% | +16,000+4.2% | Added |
| Korea Investment CORP | 408,187 | $47.5M | 0.12% | −2,100−0.5% | Reduced |
| AI-Squared Management Ltd | 408,778 | $47.5M | 43.74% | +258,043+171.2% | Added |
| DekaBank Deutsche Girozentrale | 408,656 | $47.7M | 0.09% | −803−0.2% | Reduced |
| American Century Companies Inc | 430,735 | $50.1M | 0.03% | −210,558−32.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 444,539 | $51.7M | 0.07% | +72,469+19.5% | Added |
| Swedbank AB | 463,715 | $53.9M | 0.08% | +39,600+9.3% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 467,837 | $54.4M | 11.46% | −246,967−34.6% | Reduced |
| E Fund Management (Hong Kong) Co., Ltd. | 472,755 | $55.0M | 35.99% | −71,309−13.1% | Reduced |
| USS Investment Management Ltd | 475,283 | $55.2M | 0.46% | +35,321+8.0% | Added |
| Kora Management LP | 495,250 | $57.6M | 11.92% | −66,500−11.8% | Reduced |
| Wellington Management Group LLP | 495,721 | $57.6M | 0.01% | +109,102+28.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 499,855 | $58.1M | 0.15% | +234,087+88.1% | Added |
| Cat Rock Capital Management LP | 503,500 | $58.5M | 6.70% | +503,500 | New |
| Manufacturers Life Insurance Company, The | 512,520 | $59.6M | 0.06% | +16,592+3.3% | Added |
| Royal Bank of Canada | 521,146 | $60.6M | 0.01% | −53,098−9.2% | Reduced |
| Lazard Asset Management LLC | 547,881 | $63.7M | 0.08% | −5,739−1.0% | Reduced |
| Platinum Investment Management Ltd | 557,833 | $64.8M | 2.61% | −703,888−55.8% | Reduced |
| Bamco Inc | 562,600 | $65.4M | 0.17% | +57,826+11.5% | Added |
| Aviva PLC | 563,854 | $65.5M | 0.22% | +30,216+5.7% | Added |
| Harvest Fund Management Co., Ltd | 573,184 | $66.6M | 5.98% | −3,231−0.6% | Reduced |
| Alpine Investment Management Ltd | 575,000 | $66.8M | 21.99% | +575,000 | New |
| Citadel Advisors LLC | 596,296 | $69.3M | 0.07% | +99,311+20.0% | Added |
| Russell Investments Group, Ltd. | 596,291 | $69.6M | 0.11% | −6,299−1.0% | Reduced |
| First Manhattan Co | 600,642 | $69.8M | 0.23% | −210,653−26.0% | Reduced |
| Barings LLC | 604,304 | $70.3M | 1.76% | −99,826−14.2% | Reduced |
| Aspex Management (HK) Ltd | 650,365 | $75.6M | 2.04% | −834,046−56.2% | Reduced |
| Standard Life Aberdeen plc | 654,341 | $76.1M | 0.15% | +91,832+16.3% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 665,119 | $77.5M | 0.18% | −108,183−14.0% | Reduced |
| Fisher Asset Management, LLC | 668,510 | $77.7M | 0.04% | −1,058,403−61.3% | Reduced |
| Jane Street Group, LLC | 678,439 | $78.9M | 0.10% | −2,034,184−75.0% | Reduced |
| IvyRock Asset Management (HK) Ltd | 678,636 | $78.9M | 36.70% | +38,950+6.1% | Added |
| Citigroup Inc | 678,736 | $78.9M | 0.09% | +114,079+20.2% | Added |
| Causeway Capital Management LLC | 682,373 | $79.3M | 2.07% | +24,856+3.8% | Added |
| Franklin Resources Inc | 686,479 | $79.8M | 0.03% | +257,855+60.2% | Added |
| Point72 Hong Kong Ltd | 723,097 | $84.1M | 4.24% | +415,586+135.1% | Added |
| RWC Asset Advisors (US) LLC | 723,197 | $84.1M | 6.60% | −1,200,594−62.4% | Reduced |
| ProShare Advisors LLC | 738,881 | $85.9M | 0.23% | +149,979+25.5% | Added |
| Charles Schwab Investment Management Inc | 746,545 | $86.8M | 0.02% | −11,943−1.6% | Reduced |
| Pinpoint Asset Management Ltd | 779,986 | $91.2M | 14.70% | +106,996+15.9% | Added |
| AQR Capital Management LLC | 801,939 | $93.2M | 0.16% | +24,261+3.1% | Added |
| Prudential PLC | 804,908 | $93.6M | 0.77% | +130,254+19.3% | Added |
| Point72 Asset Management, L.P. | 812,733 | $94.5M | 0.27% | +523,733+181.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 818,783 | $95.2M | 0.41% | +184,280+29.0% | Added |
| Man Group plc | 836,448 | $97.2M | 0.26% | +426,621+104.1% | Added |
| 1832 Asset Management L.P. | 839,200 | $97.6M | 0.18% | −70,700−7.8% | Reduced |
| Principal Financial Group Inc | 887,931 | $103.2M | 0.06% | +161,175+22.2% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 902,378 | $104.9M | 0.41% | +163,958+22.2% | Added |
| Franchise Capital Ltd | 902,426 | $104.9M | 19.51% | +137,230+17.9% | Added |
| Great West Life Assurance Co | 904,074 | $105.2M | 0.21% | −10,784−1.2% | Reduced |
| Genesis Investment Management, LLP | 929,858 | $108.1M | 22.56% | −13,200−1.4% | Reduced |