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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, 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.

Institutional holdersQ2 2024: 646 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 heldQ2 2024: $57.6B
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, Q2 2024

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2024.

Institutions holding PDD in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Public Investment Fund1,703,275$226.5M1.29%00.0%Unchanged
Altimeter Capital Management, LPSuperinvestorAltimeter Capital1,714,185$227.9M3.39%−53,746−3.0%Reduced
UBS Group AG1,800,235$239.3M0.07%−345,805−16.1%Reduced
Nuveen Asset Management, LLC1,822,432$242.3M0.07%+1,500+0.1%Added
William Blair Investment Management, LLC1,869,782$248.6M0.65%+7,564+0.4%Added
Deutsche Bank AG1,911,517$254.1M0.11%+586,757+44.3%Added
Appaloosa LPSuperinvestorAppaloosa1,940,000$257.9M4.18%−160,000−7.6%Reduced
Millennium Management LLC1,946,934$258.8M0.21%+378,779+24.2%Added
Schroder Investment Management Group1,958,591$260.4M0.29%−59,185−2.9%Reduced
Barclays PLC1,962,561$260.9M0.12%+628,550+47.1%Added
Marshall Wace, LLP2,105,335$279.9M0.40%−487,551−18.8%Reduced
Dimensional Fund Advisors LP2,317,795$308.2M0.08%+190,199+8.9%Added
Oceanlink Management Ltd.2,393,265$318.2M47.64%+23,377+1.0%Added
Dragoneer Investment Group, LLC2,620,838$348.4M6.66%+1,540,346+142.6%Added
Robeco Institutional Asset Management B.V.2,642,373$351.3M0.76%+171,541+6.9%Added
First Beijing Investment Ltd2,784,180$370.2M40.05%+957,984+52.5%Added
IDG China Venture Capital Fund IV Associates L.P.3,237,044$430.4M98.57%−519,823−13.8%Reduced
Krane Funds Advisors LLC3,496,056$464.8M19.61%+201,437+6.1%Added
SRS Investment Management, LLC3,647,247$484.9M6.60%00.0%Unchanged
Acadian Asset Management LLC3,670,799$488.0M1.50%+1,904,155+107.8%Added
Bank of America Corp3,679,127$489.1M0.05%−400,843−9.8%Reduced
Legal & General Group Plc3,815,652$507.3M0.14%+42,803+1.1%Added
BNP Paribas Arbitrage, SA3,878,677$515.7M0.56%+962,585+33.0%Added
HSBC Holdings PLC3,914,151$522.1M0.34%+228,475+6.2%Added
Geode Capital Management, LLC4,173,257$551.7M0.05%+144,201+3.6%Added
E Fund Management Co., Ltd.4,619,649$614.2M33.96%+58,370+1.3%Added
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management5,206,948$692.3M18.24%+1,572,281+43.3%Added
FIL Ltd5,296,350$704.1M0.70%+2,161,489+69.0%Added
Tairen Capital Ltd5,378,376$715.1M25.66%+1,788,076+49.8%Added
Invesco Ltd.5,421,030$720.7M0.15%+394,251+7.8%Added
Assenagon Asset Management S.A.5,913,780$786.2M1.96%+826,525+16.2%Added
Price T Rowe Associates Inc6,799,131$903.9M0.11%+2,094,867+44.5%Added
JPMorgan Chase & Co8,279,801$1.10B0.09%+3,191,419+62.7%Added
Arrowstreet Capital, Limited Partnership8,359,920$1.11B0.98%+1,127,702+15.6%Added
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)8,892,447$1.18B29.16%−2,899,100−24.6%Reduced
Norges Bank10,331,273$1.37B0.21%+3,192,553+44.7%Added
State Street Corp10,800,839$1.44B0.06%+315,766+3.0%Added
GQG Partners LLC10,807,761$1.44B2.18%+10,807,761New
Goldman Sachs Group Inc11,194,224$1.49B0.29%+190,700+1.7%Added
Morgan Stanley11,976,774$1.59B0.12%−545,134−4.4%Reduced
SC US (TTGP), Ltd.12,695,617$1.69B13.62%00.0%Unchanged
SC China Holding Ltd16,295,432$2.13B78.64%+14,895,988+1,064.4%Added
FMR LLC19,275,397$2.56B0.16%+4,656,721+31.9%Added
Vanguard Group Inc28,245,417$3.76B0.07%+3,983,842+16.4%Added
BlackRock Inc.29,116,363$3.87B0.09%+973,502+3.5%Added
Baillie Gifford & Co35,128,410$4.67B3.64%+348,130+1.0%Added
Newlands Management Operations LLC0$00.00%−1,955,653−100.0%Sold out
Sequoia China Equity Partners (Hong Kong) Ltd0$00.00%−300,000−100.0%Sold out
PEAK6 Investments LLC0$00.00%−120,994−100.0%Sold out
Twinbeech Capital LP0$00.00%−114,848−100.0%Sold out
Portman Ltd0$00.00%−99,219−100.0%Sold out
Breakout Capital Partners, LP0$00.00%−96,818−100.0%Sold out
Kames Capital plc0$00.00%−92,973−100.0%Sold out
Owl Creek Asset Management, L.P.0$00.00%−91,643−100.0%Sold out
Coalescence Partners Investment Management, LP0$00.00%−87,474−100.0%Sold out
Strategic Vision Investment Ltd0$00.00%−54,000−100.0%Sold out
American International Group, Inc.0$00.00%−53,293−100.0%Sold out
Tiger Pacific Capital LP0$00.00%−51,200−100.0%Sold out
Eisler Capital (UK) Ltd.0$00.00%−41,392−100.0%Sold out
Axiom Investors LLC0$00.00%−34,436−100.0%Sold out
Wexford Capital LP0$00.00%−32,371−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−25,800−100.0%Sold out
Adviser Investments LLC0$00.00%−22,512−100.0%Sold out
Holocene Advisors, LP0$00.00%−19,540−100.0%Sold out
Hershey Trust Co0$00.00%−13,541−100.0%Sold out
Anthracite Investment Company, Inc.0$00.00%−13,425−100.0%Sold out
Dai-Ichi Life Insurance Company, Ltd0$00.00%−12,069−100.0%Sold out
Caption Management, LLC0$00.00%−11,400−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−10,200−100.0%Sold out
Greenland Capital Management LP0$00.00%−10,000−100.0%Sold out
SageView Advisory Group, LLC0$00.00%−9,315−100.0%Sold out
Hongkou Capital LP0$00.00%−9,795−100.0%Sold out
Caas Capital Management LP0$00.00%−9,326−100.0%Sold out
Ground Swell Capital, LLC0$00.00%−8,146−100.0%Sold out
USA Financial Portformulas Corp0$00.00%−7,546−100.0%Sold out
Parkwood LLC0$00.00%−7,176−100.0%Sold out
Alpha DNA Investment Management LLC0$00.00%−7,063−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−6,899−100.0%Sold out
Balentine LLC0$00.00%−6,717−100.0%Sold out
Natixis Investment Managers International0$00.00%−6,350−100.0%Sold out
Insigneo Advisory Services, LLC0$00.00%−5,532−100.0%Sold out
Investment House LLC0$00.00%−5,000−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−4,000−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−3,500−100.0%Sold out
XR Securities LLC0$00.00%−2,999−100.0%Sold out
Schusterman Interests, LLC0$00.00%−2,820−100.0%Sold out
Tuttle Tactical Management0$00.00%−2,750−100.0%Sold out
Seven Eight Capital, LP0$00.00%−2,729−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−2,549−100.0%Sold out
Wedmont Private Capital0$00.00%−2,419−100.0%Sold out
Pekin Hardy Strauss, Inc.0$00.00%−2,475−100.0%Sold out
Accuvest Global Advisors0$00.00%−2,192−100.0%Sold out
QCM Cayman, Ltd.0$00.00%−2,071−100.0%Sold out
HC Advisors, LLC0$00.00%−1,800−100.0%Sold out
Ostrum Asset Management0$00.00%−1,700−100.0%Sold out
Verdad Advisers, LP0$00.00%−1,678−100.0%Sold out
Virtus Fund Advisers, LLC0$00.00%−1,513−100.0%Sold out
Point72 Asia (Singapore) Pte. Ltd.0$00.00%−1,128−100.0%Sold out
Rosenberg Matthew Hamilton0$00.00%−250−100.0%Sold out
Future Financial Wealth Managment LLC0$00.00%−250−100.0%Sold out