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 |
|---|---|---|---|---|---|
| Credit Suisse AG | 943,951 | $109.7M | 0.11% | −14,251−1.5% | Reduced |
| Origin Asset Management LLP | 957,918 | $111.4M | 30.66% | −22,630−2.3% | Reduced |
| Allianz Asset Management GmbH | 963,180 | $112.0M | 0.19% | −110,737−10.3% | Reduced |
| Victory Capital Management Inc | 971,030 | $112.9M | 0.11% | +49,650+5.4% | Added |
| Mirae Asset Global Investments Co., Ltd. | 1,270,312 | $114.0M | 0.25% | −252,844−16.6% | Reduced |
| Qube Research & Technologies Ltd | 996,090 | $115.8M | 0.21% | +639,457+179.3% | Added |
| WT Asset Management Ltd | 1,011,226 | $117.6M | 11.84% | +736,096+267.5% | Added |
| Ninety One UK Ltd | 1,022,986 | $118.9M | 0.33% | −587,748−36.5% | Reduced |
| California Public Employees Retirement System | 1,050,396 | $122.1M | 0.09% | −34,027−3.1% | Reduced |
| First Trust Advisors LP | 1,064,404 | $123.7M | 0.13% | +208,130+24.3% | Added |
| Dragoneer Investment Group, LLC | 1,080,492 | $125.6M | 2.91% | −1,016,960−48.5% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 1,086,000 | $126.2M | 0.44% | +672,400+162.6% | Added |
| Cederberg Capital Ltd | 1,132,700 | $131.7M | 36.51% | −267,600−19.1% | Reduced |
| Perseverance Asset Management International | 1,137,952 | $132.3M | 23.89% | +488,196+75.1% | Added |
| Northern Trust Corp | 1,161,777 | $135.1M | 0.02% | +22,505+2.0% | Added |
| Alliancebernstein L.P. | 1,162,261 | $135.1M | 0.05% | +608,635+109.9% | Added |
| Ameriprise Financial Inc | 1,197,404 | $139.2M | 0.04% | −94,792−7.3% | Reduced |
| Pictet Asset Management Holding SA | 1,231,336 | $143.1M | 0.16% | −149,337−10.8% | Reduced |
| Whale Rock Capital Management LLC | 1,238,584 | $144.0M | 2.14% | −480,688−28.0% | Reduced |
| Scge Management, L.P. | 1,276,000 | $148.3M | 2.81% | 00.0% | Unchanged |
| Deutsche Bank AG | 1,324,760 | $154.0M | 0.07% | −7,504−0.6% | Reduced |
| Bank of New York Mellon Corp | 1,331,984 | $154.8M | 0.03% | −223,454−14.4% | Reduced |
| Barclays PLC | 1,334,011 | $155.1M | 0.07% | +184,821+16.1% | Added |
| Swiss National Bank | 1,349,709 | $156.9M | 0.11% | +10,769+0.8% | Added |
| Coronation Fund Managers Ltd. | 1,354,291 | $157.4M | 4.28% | +648,140+91.8% | Added |
| Capital Today Evergreen Fund, L.P. | 1,453,900 | $169.0M | 91.48% | −1,000,000−40.8% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,455,810 | $169.2M | 0.12% | −13,039−0.9% | Reduced |
| National Bank of Canada | 1,271,515 | $173.3M | 0.30% | +971,560+323.9% | Added |
| SC China Holding Ltd | 1,399,444 | $179.2M | 16.58% | −193,066−12.1% | Reduced |
| Bridgewater Associates, LP | 1,544,497 | $179.5M | 0.91% | −892,158−36.6% | Reduced |
| Millennium Management LLC | 1,568,155 | $182.3M | 0.15% | +797,088+103.4% | Added |
| Trivest Advisors Ltd | 1,576,700 | $183.3M | 6.44% | +531,700+50.9% | Added |
| APG Asset Management N.V. | 1,726,004 | $185.8M | 0.33% | +248,400+16.8% | Added |
| Squarepoint Ops LLC | 1,693,766 | $196.9M | 0.81% | +1,212,510+251.9% | Added |
| Public Investment Fund | 1,703,275 | $198.0M | 1.10% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 1,766,644 | $205.4M | 0.72% | −192,156−9.8% | Reduced |
| Altimeter Capital Management, LPSuperinvestorAltimeter Capital | 1,767,931 | $205.5M | 3.16% | −114,839−6.1% | Reduced |
| Nuveen Asset Management, LLC | 1,820,932 | $211.7M | 0.06% | −281,635−13.4% | Reduced |
| First Beijing Investment Ltd | 1,826,196 | $212.3M | 40.87% | +6,803+0.4% | Added |
| William Blair Investment Management, LLC | 1,862,218 | $216.5M | 0.56% | −438,575−19.1% | Reduced |
| Newlands Management Operations LLC | 1,955,653 | $227.3M | 1.83% | +6,613+0.3% | Added |
| CoreView Capital Management Ltd | 1,962,451 | $228.1M | 31.89% | 00.0% | Unchanged |
| Schroder Investment Management Group | 2,017,776 | $234.6M | 0.28% | −720,601−26.3% | Reduced |
| Appaloosa LPSuperinvestorAppaloosa | 2,100,000 | $244.1M | 3.65% | +1,325,000+171.0% | Added |
| Dimensional Fund Advisors LP | 2,127,596 | $247.3M | 0.07% | +507,890+31.4% | Added |
| UBS Group AG | 2,146,040 | $249.5M | 0.08% | +207,650+10.7% | Added |
| Oceanlink Management Ltd. | 2,369,888 | $275.5M | 44.17% | −671,993−22.1% | Reduced |
| Robeco Institutional Asset Management B.V. | 2,470,832 | $287.2M | 0.62% | −36,704−1.5% | Reduced |
| Marshall Wace, LLP | 2,592,886 | $301.4M | 0.50% | −107,620−4.0% | Reduced |
| BNP Paribas Arbitrage, SA | 2,916,092 | $339.0M | 0.42% | +369,392+14.5% | Added |
| FIL Ltd | 3,134,861 | $364.4M | 0.36% | −923,887−22.8% | Reduced |
| Krane Funds Advisors LLC | 3,294,619 | $390.4M | 16.04% | +94,945+3.0% | Added |
| Tairen Capital Ltd | 3,590,300 | $417.4M | 25.53% | +1,326,863+58.6% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 3,634,667 | $422.5M | 13.10% | −1,100,702−23.2% | Reduced |
| SRS Investment Management, LLC | 3,647,247 | $424.0M | 5.86% | −643,266−15.0% | Reduced |
| HSBC Holdings PLC | 3,685,676 | $429.9M | 0.31% | +812,202+28.3% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 3,756,867 | $436.7M | 98.63% | −931,533−19.9% | Reduced |
| Legal & General Group Plc | 3,772,849 | $438.6M | 0.13% | −17,104−0.5% | Reduced |
| Geode Capital Management, LLC | 4,029,056 | $466.0M | 0.04% | +191,208+5.0% | Added |
| Bank of America Corp | 4,079,970 | $474.3M | 0.05% | +2,912,782+249.6% | Added |
| E Fund Management Co., Ltd. | 4,561,279 | $530.2M | 32.84% | −20,661−0.5% | Reduced |
| Price T Rowe Associates Inc | 4,704,264 | $546.9M | 0.07% | −212,806−4.3% | Reduced |
| Invesco Ltd. | 5,026,779 | $584.4M | 0.13% | +366,793+7.9% | Added |
| Assenagon Asset Management S.A. | 5,087,255 | $591.4M | 1.57% | +5,055,169+15,755.1% | Added |
| JPMorgan Chase & Co | 5,088,382 | $591.5M | 0.05% | −802,998−13.6% | Reduced |
| Norges Bank | 7,138,720 | $829.9M | 0.13% | −209,872−2.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 7,232,218 | $840.7M | 0.78% | +2,380,993+49.1% | Added |
| State Street Corp | 10,485,073 | $1.22B | 0.05% | +84,822+0.8% | Added |
| Goldman Sachs Group Inc | 11,003,524 | $1.28B | 0.27% | +5,547,311+101.7% | Added |
| UBS Asset Management Americas Inc | 11,227,796 | $1.31B | 0.46% | −899,279−7.4% | Reduced |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 11,791,547 | $1.37B | 29.77% | +1,680,600+16.6% | Added |
| Morgan Stanley | 12,521,908 | $1.46B | 0.12% | +668,235+5.6% | Added |
| SC US (TTGP), Ltd. | 12,695,617 | $1.48B | 10.91% | −1,751,480−12.1% | Reduced |
| FMR LLC | 14,618,676 | $1.70B | 0.11% | −3,475,769−19.2% | Reduced |
| Vanguard Group Inc | 24,261,575 | $2.82B | 0.06% | +97,648+0.4% | Added |
| BlackRock Inc. | 28,142,861 | $3.27B | 0.08% | +739,642+2.7% | Added |
| Baillie Gifford & Co | 34,780,280 | $4.04B | 3.14% | −3,179,958−8.4% | Reduced |
| GQG Partners LLC | 0 | $0 | 0.00% | −2,874,179−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −740,657−100.0% | Sold out |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 0 | $0 | 0.00% | −625,300−100.0% | Sold out |
| Driehaus Capital Management LLC | 0 | $0 | 0.00% | −463,956−100.0% | Sold out |
| Tree Line Advisors (Hong Kong) Ltd. | 0 | $0 | 0.00% | −260,000−100.0% | Sold out |
| Alyeska Investment Group, L.P. | 0 | $0 | 0.00% | −170,000−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −143,466−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −116,993−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −107,715−100.0% | Sold out |
| Honeycomb Asset Management LP | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| Light Street Capital Management, LLC | 0 | $0 | 0.00% | −87,000−100.0% | Sold out |
| Portolan Capital Management, LLC | 0 | $0 | 0.00% | −80,844−100.0% | Sold out |
| Atika Capital Management LLC | 0 | $0 | 0.00% | −80,000−100.0% | Sold out |
| Apeiron Capital Ltd | 0 | $0 | 0.00% | −59,970−100.0% | Sold out |
| Old Mission Capital LLC | 0 | $0 | 0.00% | −58,969−100.0% | Sold out |
| La Banque Postale Asset Management SA | 0 | $0 | 0.00% | −56,725−100.0% | Sold out |
| Woodline Partners LP | 0 | $0 | 0.00% | −53,398−100.0% | Sold out |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 0 | $0 | 0.00% | −40,000−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −37,570−100.0% | Sold out |
| Perpetual Ltd | 0 | $0 | 0.00% | −36,511−100.0% | Sold out |
| Capital Fund Management S.A. | 0 | $0 | 0.00% | −34,922−100.0% | Sold out |
| Point72 Middle East FZE | 0 | $0 | 0.00% | −32,703−100.0% | Sold out |
| TD Waterhouse Canada Inc. | 0 | $0 | 0.00% | −24,189−100.0% | Sold out |