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 |
|---|---|---|---|---|---|
| Standard Life Aberdeen plc | 654,341 | $76.1M | 0.15% | +91,832+16.3% | Added |
| Aspex Management (HK) Ltd | 650,365 | $75.6M | 2.04% | −834,046−56.2% | Reduced |
| Barings LLC | 604,304 | $70.3M | 1.76% | −99,826−14.2% | Reduced |
| First Manhattan Co | 600,642 | $69.8M | 0.23% | −210,653−26.0% | Reduced |
| Russell Investments Group, Ltd. | 596,291 | $69.6M | 0.11% | −6,299−1.0% | Reduced |
| Citadel Advisors LLC | 596,296 | $69.3M | 0.07% | +99,311+20.0% | Added |
| Alpine Investment Management Ltd | 575,000 | $66.8M | 21.99% | +575,000 | New |
| Harvest Fund Management Co., Ltd | 573,184 | $66.6M | 5.98% | −3,231−0.6% | Reduced |
| Aviva PLC | 563,854 | $65.5M | 0.22% | +30,216+5.7% | Added |
| Bamco Inc | 562,600 | $65.4M | 0.17% | +57,826+11.5% | Added |
| Platinum Investment Management Ltd | 557,833 | $64.8M | 2.61% | −703,888−55.8% | Reduced |
| Lazard Asset Management LLC | 547,881 | $63.7M | 0.08% | −5,739−1.0% | Reduced |
| Royal Bank of Canada | 521,146 | $60.6M | 0.01% | −53,098−9.2% | Reduced |
| Manufacturers Life Insurance Company, The | 512,520 | $59.6M | 0.06% | +16,592+3.3% | Added |
| Cat Rock Capital Management LP | 503,500 | $58.5M | 6.70% | +503,500 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 499,855 | $58.1M | 0.15% | +234,087+88.1% | Added |
| Wellington Management Group LLP | 495,721 | $57.6M | 0.01% | +109,102+28.2% | Added |
| Kora Management LP | 495,250 | $57.6M | 11.92% | −66,500−11.8% | Reduced |
| USS Investment Management Ltd | 475,283 | $55.2M | 0.46% | +35,321+8.0% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 472,755 | $55.0M | 35.99% | −71,309−13.1% | Reduced |
| Taikang Asset Management (Hong Kong) Co Ltd | 467,837 | $54.4M | 11.46% | −246,967−34.6% | Reduced |
| Swedbank AB | 463,715 | $53.9M | 0.08% | +39,600+9.3% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 444,539 | $51.7M | 0.07% | +72,469+19.5% | Added |
| American Century Companies Inc | 430,735 | $50.1M | 0.03% | −210,558−32.8% | Reduced |
| DekaBank Deutsche Girozentrale | 408,656 | $47.7M | 0.09% | −803−0.2% | Reduced |
| AI-Squared Management Ltd | 408,778 | $47.5M | 43.74% | +258,043+171.2% | Added |
| Korea Investment CORP | 408,187 | $47.5M | 0.12% | −2,100−0.5% | Reduced |
| British Columbia Investment Management Corp | 401,100 | $46.6M | 0.32% | +16,000+4.2% | Added |
| Handelsbanken Fonder AB | 384,369 | $44.7M | 0.19% | −31,962−7.7% | Reduced |
| Storebrand Asset Management AS | 375,442 | $43.6M | 0.15% | +1,905+0.5% | Added |
| D. E. Shaw & Co., Inc. | 374,834 | $43.6M | 0.06% | −774,574−67.4% | Reduced |
| Matthews International Capital Management LLC | 360,693 | $41.9M | 8.26% | −347,891−49.1% | Reduced |
| Sylebra Capital LLC | 353,202 | $41.1M | 1.36% | −97,761−21.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 349,941 | $40.7M | 0.14% | +21,169+6.4% | Added |
| Polar Capital Holdings Plc | 343,207 | $39.9M | 0.24% | −48,171−12.3% | Reduced |
| Alberta Investment Management Corp | 338,179 | $39.3M | 0.40% | 00.0% | Unchanged |
| Massachusetts Financial Services Co | 333,288 | $38.7M | 0.01% | +200,251+150.5% | Added |
| Thunderbird Partners LLP | 330,174 | $38.4M | 9.85% | −41,060−11.1% | Reduced |
| Public Sector Pension Investment Board | 318,394 | $37.0M | 0.27% | −32,071−9.2% | Reduced |
| Yong Rong (HK) Asset Management Ltd | 316,900 | $36.8M | 9.83% | −274,800−46.4% | Reduced |
| KBC Group NV | 310,868 | $36.1M | 0.11% | +27,696+9.8% | Added |
| IMC-Chicago, LLC | 310,275 | $36.1M | 1.26% | +310,275 | New |
| SG Americas Securities, LLC | 305,617 | $35.5M | 0.18% | −309,993−50.4% | Reduced |
| Neuberger Berman Group LLC | 300,542 | $34.9M | 0.03% | +97,830+48.3% | Added |
| Sequoia China Equity Partners (Hong Kong) Ltd | 300,000 | $34.9M | 6.56% | −200,000−40.0% | Reduced |
| Los Angeles Capital Management LLC | 296,786 | $34.5M | 0.12% | +177,600+149.0% | Added |
| 3G Capital Partners LP | 295,000 | $34.3M | 14.41% | +190,000+181.0% | Added |
| Nordea Investment Management AB | 293,509 | $34.2M | 0.04% | −3,581−1.2% | Reduced |
| Susquehanna International Group, LLP | 291,550 | $33.9M | 0.05% | +143,909+97.5% | Added |
| RV Capital GmbH | 290,400 | $33.8M | 9.02% | +91,300+45.9% | Added |
| Bright Valley Capital Ltd | 283,400 | $32.9M | 48.78% | −304,350−51.8% | Reduced |
| Mane Global Capital Management LP | 264,104 | $30.7M | 2.60% | −181,795−40.8% | Reduced |
| Oxbow Capital Management (HK) Ltd | 257,000 | $29.9M | 11.93% | +257,000 | New |
| Prudential Financial Inc | 250,032 | $29.1M | 0.04% | −1,824−0.7% | Reduced |
| Monolith Management Ltd | 244,500 | $28.4M | 11.28% | −121,500−33.2% | Reduced |
| Candriam Luxembourg S.C.A. | 244,400 | $28.4M | 0.18% | −67,660−21.7% | Reduced |
| Ninety One North America, Inc. | 241,982 | $28.1M | 1.37% | −127,735−34.5% | Reduced |
| Keywise Capital Management (HK) Ltd | 238,500 | $27.7M | 3.76% | −236,100−49.7% | Reduced |
| Value Star Asset Management (Hong Kong) Ltd | 236,968 | $27.5M | 9.50% | −1,850−0.8% | Reduced |
| AXA S.A. | 235,913 | $27.4M | 0.08% | +52,188+28.4% | Added |
| Walleye Trading LLC | 234,436 | $27.3M | 0.45% | +234,436 | New |
| Blue Creek Capital Management Ltd | 232,221 | $27.0M | 19.95% | +29,000+14.3% | Added |
| MY.Alpha Management HK Advisors Ltd | 231,119 | $26.9M | 10.08% | +55,793+31.8% | Added |
| Vontobel Asset Management Inc | 232,802 | $26.8M | 0.15% | +232,802 | New |
| Teacher Retirement System of Texas | 221,822 | $25.8M | 0.16% | +65,179+41.6% | Added |
| Penserra Capital Management LLC | 219,681 | $25.5M | 0.32% | −35,416−13.9% | Reduced |
| Hel Ved Capital Management Ltd | 218,100 | $25.4M | 6.29% | −74,500−25.5% | Reduced |
| California State Teachers Retirement System | 217,319 | $25.3M | 0.03% | +36,595+20.2% | Added |
| SEI Investments Co | 216,038 | $25.1M | 0.04% | −49,658−18.7% | Reduced |
| M&G Plc | 201,892 | $23.4M | 0.14% | +201,892 | New |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 200,000 | $23.3M | 1.57% | +80,000+66.7% | Added |
| Oversea-Chinese Banking CORP Ltd | 196,894 | $22.9M | 0.74% | −72,131−26.8% | Reduced |
| Balyasny Asset Management LLC | 190,428 | $22.1M | 0.06% | +147,365+342.2% | Added |
| Cubist Systematic Strategies, LLC | 186,068 | $21.6M | 0.25% | +95,522+105.5% | Added |
| Ogborne Capital Management, LLC | 185,000 | $21.5M | 5.40% | +120,000+184.6% | Added |
| RWC Asset Management LLP | 183,789 | $21.4M | 1.34% | −347,602−65.4% | Reduced |
| Thornburg Investment Management Inc | 180,737 | $21.0M | 0.29% | −61,475−25.4% | Reduced |
| National Pension Service | 174,013 | $20.2M | 0.02% | −2,228−1.3% | Reduced |
| Resona Asset Management Co.,Ltd. | 173,428 | $20.2M | 0.12% | +173,428 | New |
| Danske Bank A/S | 165,278 | $19.2M | 0.06% | +165,278 | New |
| Macquarie Group Ltd | 164,943 | $19.2M | 0.02% | +13,065+8.6% | Added |
| Guggenheim Capital LLC | 162,084 | $18.8M | 0.13% | −7,867−4.6% | Reduced |
| Jennison Associates LLC | 158,092 | $18.4M | 0.01% | −22,711−12.6% | Reduced |
| Nan Fung Trinity (HK) Ltd | 153,300 | $17.8M | 4.05% | 00.0% | Unchanged |
| Panview Asian Equity Master Fund | 151,000 | $17.6M | 5.51% | +151,000 | New |
| Ardmore Road Asset Management LP | 150,000 | $17.4M | 3.07% | +90,000+150.0% | Added |
| Kadensa Capital Ltd | 148,336 | $17.2M | 4.68% | +47,651+47.3% | Added |
| Asset Management One Co.,Ltd. | 147,794 | $17.2M | 0.07% | −5,071−3.3% | Reduced |
| Grand Alliance Asset Management Ltd | 147,460 | $17.1M | 9.76% | +131,310+813.1% | Added |
| Jupiter Asset Management Ltd | 141,064 | $16.4M | 0.16% | +77,781+122.9% | Added |
| TD Asset Management Inc | 140,016 | $16.3M | 0.02% | −20,460−12.7% | Reduced |
| Tudor Investment Corp Et Al | 138,596 | $16.1M | 0.20% | +138,596 | New |
| Mackenzie Financial Corp | 137,227 | $16.0M | 0.02% | +88,304+180.5% | Added |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 135,934 | $15.8M | 17.77% | +135,934 | New |
| Pinebridge Investments, L.P. | 135,893 | $15.8M | 0.13% | −32,599−19.3% | Reduced |
| Fullerton Fund Management Co Ltd. | 129,990 | $15.1M | 0.72% | −515,276−79.9% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 127,094 | $14.8M | 0.02% | +23,853+23.1% | Added |
| All-Stars Investment Ltd | 127,000 | $14.8M | 5.89% | 00.0% | Unchanged |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 126,718 | $14.7M | 0.53% | −16,796−11.7% | Reduced |
| New York State Common Retirement Fund | 125,985 | $14.6M | 0.02% | −71,609−36.2% | Reduced |