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, Q2 2024
Institutional positions in PDD Holdings Inc. as of Jun 30, 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
- 646
- +77 vs. Q1 2024
- Shares held
- 433.5M
- +54.9M (+14.5%) vs. Q1 2024
- Total value
- $57.6B
- +$13.6B (+30.9%) vs. Q1 2024
- New holders
- 146
- 284 more added
- Sold out
- 69
- 171 more reduced
8 institutions that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2024: 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 | $43.7B |
| Q4 2025 | 574 | $50.2B |
| Q3 2025 | 559 | $54.7B |
| Q2 2025 | 537 | $43.0B |
| Q1 2025 | 584 | $49.2B |
| Q4 2024 | 587 | $39.6B |
| Q3 2024 | 602 | $56.8B |
| Q2 2024 | 646 | $58.7B |
| Q1 2024 | 577 | $47.7B |
| Q4 2023 | 584 | $58.7B |
| Q3 2023 | 473 | $35.8B |
| Q2 2023 | 452 | $23.2B |
| Q1 2023 | 468 | $26.7B |
| Q4 2022 | 451 | $26.6B |
| Q3 2022 | 411 | $19.3B |
| Q2 2022 | 394 | $17.8B |
| Q1 2022 | 353 | $11.0B |
| Q4 2021 | 362 | $16.0B |
| Q3 2021 | 396 | $24.7B |
| Q2 2021 | 415 | $31.9B |
| Q1 2021 | 442 | $38.8B |
Institutions, Q2 2024
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 35,128,410 | $4.67B | 3.64% | +348,130+1.0% | Added |
| BlackRock Inc. | 29,116,363 | $3.87B | 0.09% | +973,502+3.5% | Added |
| Vanguard Group Inc | 28,245,417 | $3.76B | 0.07% | +3,983,842+16.4% | Added |
| FMR LLC | 19,275,397 | $2.56B | 0.16% | +4,656,721+31.9% | Added |
| SC China Holding Ltd | 16,295,432 | $2.13B | 78.64% | +14,895,988+1,064.4% | Added |
| SC US (TTGP), Ltd. | 12,695,617 | $1.69B | 13.62% | 00.0% | Unchanged |
| Morgan Stanley | 11,976,774 | $1.59B | 0.12% | −545,134−4.4% | Reduced |
| Goldman Sachs Group Inc | 11,194,224 | $1.49B | 0.29% | +190,700+1.7% | Added |
| GQG Partners LLC | 10,807,761 | $1.44B | 2.18% | +10,807,761 | New |
| State Street Corp | 10,800,839 | $1.44B | 0.06% | +315,766+3.0% | Added |
| Norges Bank | 10,331,273 | $1.37B | 0.21% | +3,192,553+44.7% | Added |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 8,892,447 | $1.18B | 29.16% | −2,899,100−24.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 8,359,920 | $1.11B | 0.98% | +1,127,702+15.6% | Added |
| JPMorgan Chase & Co | 8,279,801 | $1.10B | 0.09% | +3,191,419+62.7% | Added |
| Price T Rowe Associates Inc | 6,799,131 | $903.9M | 0.11% | +2,094,867+44.5% | Added |
| Assenagon Asset Management S.A. | 5,913,780 | $786.2M | 1.96% | +826,525+16.2% | Added |
| Invesco Ltd. | 5,421,030 | $720.7M | 0.15% | +394,251+7.8% | Added |
| Tairen Capital Ltd | 5,378,376 | $715.1M | 25.66% | +1,788,076+49.8% | Added |
| FIL Ltd | 5,296,350 | $704.1M | 0.70% | +2,161,489+69.0% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 5,206,948 | $692.3M | 18.24% | +1,572,281+43.3% | Added |
| E Fund Management Co., Ltd. | 4,619,649 | $614.2M | 33.96% | +58,370+1.3% | Added |
| Geode Capital Management, LLC | 4,173,257 | $551.7M | 0.05% | +144,201+3.6% | Added |
| HSBC Holdings PLC | 3,914,151 | $522.1M | 0.34% | +228,475+6.2% | Added |
| BNP Paribas Arbitrage, SA | 3,878,677 | $515.7M | 0.56% | +962,585+33.0% | Added |
| Legal & General Group Plc | 3,815,652 | $507.3M | 0.14% | +42,803+1.1% | Added |
| Bank of America Corp | 3,679,127 | $489.1M | 0.05% | −400,843−9.8% | Reduced |
| Acadian Asset Management LLC | 3,670,799 | $488.0M | 1.50% | +1,904,155+107.8% | Added |
| SRS Investment Management, LLC | 3,647,247 | $484.9M | 6.60% | 00.0% | Unchanged |
| Krane Funds Advisors LLC | 3,496,056 | $464.8M | 19.61% | +201,437+6.1% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 3,237,044 | $430.4M | 98.57% | −519,823−13.8% | Reduced |
| First Beijing Investment Ltd | 2,784,180 | $370.2M | 40.05% | +957,984+52.5% | Added |
| Robeco Institutional Asset Management B.V. | 2,642,373 | $351.3M | 0.76% | +171,541+6.9% | Added |
| Dragoneer Investment Group, LLC | 2,620,838 | $348.4M | 6.66% | +1,540,346+142.6% | Added |
| Oceanlink Management Ltd. | 2,393,265 | $318.2M | 47.64% | +23,377+1.0% | Added |
| Dimensional Fund Advisors LP | 2,317,795 | $308.2M | 0.08% | +190,199+8.9% | Added |
| Marshall Wace, LLP | 2,105,335 | $279.9M | 0.40% | −487,551−18.8% | Reduced |
| Barclays PLC | 1,962,561 | $260.9M | 0.12% | +628,550+47.1% | Added |
| Schroder Investment Management Group | 1,958,591 | $260.4M | 0.29% | −59,185−2.9% | Reduced |
| Millennium Management LLC | 1,946,934 | $258.8M | 0.21% | +378,779+24.2% | Added |
| Appaloosa LPSuperinvestorAppaloosa | 1,940,000 | $257.9M | 4.18% | −160,000−7.6% | Reduced |
| Deutsche Bank AG | 1,911,517 | $254.1M | 0.11% | +586,757+44.3% | Added |
| William Blair Investment Management, LLC | 1,869,782 | $248.6M | 0.65% | +7,564+0.4% | Added |
| Nuveen Asset Management, LLC | 1,822,432 | $242.3M | 0.07% | +1,500+0.1% | Added |
| UBS Group AG | 1,800,235 | $239.3M | 0.07% | −345,805−16.1% | Reduced |
| Altimeter Capital Management, LPSuperinvestorAltimeter Capital | 1,714,185 | $227.9M | 3.39% | −53,746−3.0% | Reduced |
| Public Investment Fund | 1,703,275 | $226.5M | 1.29% | 00.0% | Unchanged |
| Trivest Advisors Ltd | 1,664,160 | $221.3M | 11.47% | +87,460+5.5% | Added |
| Perseverance Asset Management International | 1,585,106 | $210.7M | 27.64% | +447,154+39.3% | Added |
| CoreView Capital Management Ltd | 1,572,451 | $209.1M | 32.82% | −390,000−19.9% | Reduced |
| Alliancebernstein L.P. | 1,541,535 | $204.9M | 0.07% | +379,274+32.6% | Added |
| Aspex Management (HK) Ltd | 1,531,867 | $203.7M | 4.35% | +881,502+135.5% | Added |
| Bank of New York Mellon Corp | 1,504,499 | $200.0M | 0.04% | +172,515+13.0% | Added |
| Capital Today Evergreen Fund, L.P. | 1,453,900 | $193.3M | 88.55% | 00.0% | Unchanged |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,448,199 | $192.5M | 0.14% | −7,611−0.5% | Reduced |
| Voloridge Investment Management, LLC | 1,405,825 | $186.9M | 0.69% | +1,405,825 | New |
| APG Asset Management N.V. | 1,467,928 | $182.1M | 0.32% | −258,076−15.0% | Reduced |
| Swiss National Bank | 1,346,609 | $179.0M | 0.12% | −3,100−0.2% | Reduced |
| Renaissance Technologies LLC | 1,326,300 | $176.3M | 0.30% | +1,326,300 | New |
| Pictet Asset Management Holding SA | 1,278,726 | $170.0M | 0.19% | +47,390+3.8% | Added |
| Scge Management, L.P. | 1,276,000 | $169.6M | 3.31% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 1,259,953 | $167.5M | 0.63% | −433,813−25.6% | Reduced |
| Bridgewater Associates, LP | 1,254,866 | $166.8M | 0.87% | −289,631−18.8% | Reduced |
| Whale Rock Capital Management LLC | 1,204,694 | $160.2M | 2.27% | −33,890−2.7% | Reduced |
| Ameriprise Financial Inc | 1,192,794 | $158.6M | 0.04% | −4,610−0.4% | Reduced |
| California Public Employees Retirement System | 1,187,243 | $157.8M | 0.12% | +136,847+13.0% | Added |
| Northern Trust Corp | 1,172,160 | $155.8M | 0.03% | +10,383+0.9% | Added |
| Franchise Capital Ltd | 1,138,221 | $151.3M | 36.60% | +235,795+26.1% | Added |
| Qube Research & Technologies Ltd | 1,045,744 | $139.0M | 0.26% | +49,654+5.0% | Added |
| Ninety One UK Ltd | 1,030,354 | $137.0M | 0.38% | +7,368+0.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,002,513 | $133.3M | 0.56% | +183,730+22.4% | Added |
| Origin Asset Management LLP | 994,701 | $132.2M | 33.06% | +36,783+3.8% | Added |
| Prudential PLC | 989,157 | $131.5M | 0.89% | +184,249+22.9% | Added |
| Victory Capital Management Inc | 957,030 | $127.2M | 0.13% | −14,000−1.4% | Reduced |
| Genesis Investment Management, LLP | 956,466 | $127.2M | 25.00% | +26,608+2.9% | Added |
| Cederberg Capital Ltd | 951,000 | $126.4M | 41.56% | −181,700−16.0% | Reduced |
| Man Group plc | 935,282 | $124.3M | 0.33% | +98,834+11.8% | Added |
| WT Asset Management Ltd | 933,702 | $124.1M | 12.09% | −77,524−7.7% | Reduced |
| Pinpoint Asset Management Ltd | 843,757 | $121.2M | 17.08% | +63,771+8.2% | Added |
| First Trust Advisors LP | 904,241 | $120.2M | 0.12% | −160,163−15.0% | Reduced |
| UBS Asset Management Americas Inc | 891,622 | $118.5M | 0.03% | −10,336,174−92.1% | Reduced |
| Franklin Resources Inc | 884,952 | $117.7M | 0.04% | +198,473+28.9% | Added |
| Charles Schwab Investment Management Inc | 881,697 | $117.2M | 0.02% | +135,152+18.1% | Added |
| Manufacturers Life Insurance Company, The | 874,604 | $116.3M | 0.11% | +362,084+70.6% | Added |
| Standard Life Aberdeen plc | 874,272 | $116.2M | 0.22% | +219,931+33.6% | Added |
| Principal Financial Group Inc | 868,495 | $115.5M | 0.07% | −19,436−2.2% | Reduced |
| Platinum Investment Management Ltd | 867,447 | $115.3M | 4.67% | +309,614+55.5% | Added |
| RWC Asset Advisors (US) LLC | 863,584 | $114.8M | 11.71% | +140,387+19.4% | Added |
| IMC-Chicago, LLC | 846,216 | $112.5M | 3.61% | +535,941+172.7% | Added |
| IvyRock Asset Management (HK) Ltd | 845,336 | $112.4M | 47.88% | +166,700+24.6% | Added |
| Great West Life Assurance Co | 827,904 | $110.1M | 0.21% | −76,170−8.4% | Reduced |
| Allianz Asset Management GmbH | 803,869 | $106.9M | 0.17% | −159,311−16.5% | Reduced |
| Jane Street Group, LLC | 783,931 | $104.2M | 0.11% | +105,492+15.5% | Added |
| AQR Capital Management LLC | 785,155 | $103.7M | 0.16% | −16,784−2.1% | Reduced |
| Coronation Fund Managers Ltd. | 762,647 | $101.4M | 5.85% | −591,644−43.7% | Reduced |
| Citigroup Inc | 759,207 | $100.9M | 0.10% | +80,471+11.9% | Added |
| Causeway Capital Management LLC | 744,603 | $99.0M | 2.70% | +62,230+9.1% | Added |
| Bamco Inc | 706,102 | $93.9M | 0.27% | +143,502+25.5% | Added |
| Barings LLC | 689,810 | $91.7M | 2.23% | +85,506+14.1% | Added |
| Russell Investments Group, Ltd. | 690,124 | $91.4M | 0.15% | +93,833+15.7% | Added |
| Cat Rock Capital Management LP | 674,159 | $89.6M | 10.04% | +170,659+33.9% | Added |