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, Q3 2024
Institutional positions in PDD Holdings Inc. as of Sep 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
- 602
- −38 vs. Q2 2024
- Shares held
- 424.1M
- +20.5M (+5.1%) vs. Q2 2024
- Total value
- $55.8B
- +$2.15B (+4.0%) vs. Q2 2024
- New holders
- 100
- 238 more added
- Sold out
- 138
- 222 more reduced
6 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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 | $43.4B |
| 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, Q3 2024
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 36,116,452 | $4.87B | 3.64% | +988,042+2.8% | Added |
| BlackRock, Inc. | 33,011,134 | $4.45B | 0.09% | +33,011,134 | New |
| Vanguard Group Inc | 28,393,947 | $3.83B | 0.07% | +148,530+0.5% | Added |
| FMR LLC | 20,930,161 | $2.82B | 0.17% | +1,654,764+8.6% | Added |
| SC China Holding Ltd | 15,444,770 | $1.93B | 74.66% | −850,662−5.2% | Reduced |
| UBS Asset Management Americas Inc | 13,145,211 | $1.77B | 0.46% | +12,253,589+1,374.3% | Added |
| SC US (TTGP), Ltd. | 12,032,996 | $1.62B | 11.84% | −662,621−5.2% | Reduced |
| State Street Corp | 11,664,707 | $1.57B | 0.06% | +863,868+8.0% | Added |
| Morgan Stanley | 10,544,435 | $1.42B | 0.10% | −1,432,339−12.0% | Reduced |
| Norges Bank | 9,358,209 | $1.26B | 0.18% | −973,064−9.4% | Reduced |
| Goldman Sachs Group Inc | 8,598,318 | $1.16B | 0.22% | −2,595,906−23.2% | Reduced |
| JPMorgan Chase & Co | 7,717,419 | $1.04B | 0.08% | −562,382−6.8% | Reduced |
| Assenagon Asset Management S.A. | 5,805,434 | $782.6M | 1.61% | −108,346−1.8% | Reduced |
| Price T Rowe Associates Inc | 5,403,002 | $728.4M | 0.08% | −1,396,129−20.5% | Reduced |
| Appaloosa LPSuperinvestorAppaloosa | 5,301,132 | $714.6M | 10.62% | +3,361,132+173.3% | Added |
| Tairen Capital Ltd | 5,515,377 | $665.1M | 23.56% | +137,001+2.5% | Added |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 4,766,780 | $642.6M | 14.11% | −4,125,667−46.4% | Reduced |
| Invesco Ltd. | 4,671,736 | $629.8M | 0.12% | −749,294−13.8% | Reduced |
| E Fund Management Co., Ltd. | 4,663,972 | $628.8M | 32.31% | +44,323+1.0% | Added |
| Geode Capital Management, LLC | 4,686,505 | $627.1M | 0.05% | +513,248+12.3% | Added |
| FIL Ltd | 4,627,995 | $623.9M | 0.57% | −668,355−12.6% | Reduced |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 4,517,786 | $609.0M | 19.33% | −689,162−13.2% | Reduced |
| BNP Paribas Arbitrage, SA | 4,392,674 | $592.2M | 0.58% | +513,997+13.3% | Added |
| HSBC Holdings PLC | 4,362,049 | $589.6M | 0.37% | +447,898+11.4% | Added |
| SRS Investment Management, LLC | 4,351,517 | $586.6M | 8.74% | +704,270+19.3% | Added |
| Legal & General Group Plc | 4,154,927 | $560.1M | 0.15% | +339,275+8.9% | Added |
| H&H International Investment, LLCSuperinvestorH&H International Investment | 3,907,600 | $526.8M | 3.18% | +3,804,600+3,693.8% | Added |
| Dragoneer Investment Group, LLC | 3,744,241 | $504.8M | 8.78% | +1,123,403+42.9% | Added |
| Deutsche Bank AG | 3,565,252 | $480.6M | 0.20% | +1,653,735+86.5% | Added |
| First Beijing Investment Ltd | 3,554,719 | $479.2M | 35.19% | +770,539+27.7% | Added |
| Krane Funds Advisors LLC | 3,308,100 | $446.0M | 16.03% | −187,956−5.4% | Reduced |
| Bank of America Corp | 3,293,460 | $444.0M | 0.04% | −385,667−10.5% | Reduced |
| IDG China Venture Capital Fund IV Associates L.P. | 3,087,730 | $416.3M | 99.21% | −149,314−4.6% | Reduced |
| UBS Group AG | 3,045,877 | $410.6M | 0.12% | +1,245,642+69.2% | Added |
| Nuveen Asset Management, LLC | 2,701,254 | $364.2M | 0.10% | +878,822+48.2% | Added |
| Coatue Management LLCSuperinvestorCoatue Management | 2,587,536 | $348.8M | 1.30% | +2,279,835+740.9% | Added |
| Dimensional Fund Advisors LP | 2,486,877 | $335.9M | 0.08% | +169,082+7.3% | Added |
| Robeco Institutional Asset Management B.V. | 2,235,475 | $301.4M | 0.60% | −406,898−15.4% | Reduced |
| Marshall Wace, LLP | 1,788,512 | $241.1M | 0.31% | −316,823−15.0% | Reduced |
| Barclays PLC | 1,758,358 | $237.0M | 0.10% | −204,203−10.4% | Reduced |
| Perseverance Asset Management International | 1,757,906 | $237.0M | 27.31% | +172,800+10.9% | Added |
| Public Investment Fund | 1,703,275 | $229.6M | 1.18% | 00.0% | Unchanged |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,680,380 | $226.5M | 0.16% | +232,181+16.0% | Added |
| Schroder Investment Management Group | 1,634,631 | $221.3M | 0.23% | −323,960−16.5% | Reduced |
| Alliancebernstein L.P. | 1,625,523 | $219.1M | 0.07% | +83,988+5.4% | Added |
| Pictet Asset Management Holding SA | 1,590,073 | $214.4M | 0.24% | +311,347+24.3% | Added |
| Swiss National Bank | 1,575,744 | $212.4M | 0.14% | +229,135+17.0% | Added |
| Capital Today Evergreen Fund, L.P. | 1,557,732 | $210.0M | 82.87% | +103,832+7.1% | Added |
| Bank of New York Mellon Corp | 1,542,809 | $208.0M | 0.04% | +38,310+2.5% | Added |
| Whale Rock Capital Management LLC | 1,527,323 | $205.9M | 2.89% | +322,629+26.8% | Added |
| Macquarie Group Ltd | 1,505,570 | $203.0M | 0.22% | +1,307,621+660.6% | Added |
| National Bank of Canada | 1,452,075 | $195.8M | 0.27% | +872,473+150.5% | Added |
| Prudential PLC | 1,417,842 | $191.1M | 0.97% | +428,685+43.3% | Added |
| Arrowstreet Capital, Limited Partnership | 9,477,455 | $182.1M | 0.16% | +1,117,535+13.4% | Added |
| Keystone Investors Pte Ltd | 1,271,145 | $171.4M | 12.53% | +960,101+308.7% | Added |
| Bridgewater Associates, LP | 1,251,860 | $168.8M | 0.96% | −3,006−0.2% | Reduced |
| Trivest Advisors Ltd | 1,233,700 | $166.3M | 9.45% | −430,460−25.9% | Reduced |
| Standard Life Aberdeen plc | 1,240,220 | $165.5M | 0.30% | +365,948+41.9% | Added |
| Ameriprise Financial Inc | 1,176,889 | $158.7M | 0.04% | −15,905−1.3% | Reduced |
| Keywise Capital Management (HK) Ltd | 1,147,200 | $154.7M | 15.42% | +603,300+110.9% | Added |
| Northern Trust Corp | 1,144,526 | $154.3M | 0.03% | −27,634−2.4% | Reduced |
| First Trust Advisors LP | 1,132,285 | $152.6M | 0.15% | +228,044+25.2% | Added |
| Platinum Investment Management Ltd | 1,092,662 | $147.3M | 6.67% | +225,215+26.0% | Added |
| California Public Employees Retirement System | 1,082,668 | $146.0M | 0.10% | −104,575−8.8% | Reduced |
| SG Americas Securities, LLC | 964,618 | $130.0M | 0.50% | +738,813+327.2% | Added |
| William Blair Investment Management, LLC | 949,976 | $128.0M | 0.32% | −919,806−49.2% | Reduced |
| Pinpoint Asset Management Ltd | 914,797 | $126.8M | 27.22% | +71,040+8.4% | Added |
| Great West Life Assurance Co | 925,660 | $124.9M | 0.22% | +97,756+11.8% | Added |
| Coronation Fund Managers Ltd. | 912,484 | $123.0M | 6.82% | +149,837+19.6% | Added |
| Charles Schwab Investment Management Inc | 904,016 | $121.9M | 0.02% | +22,319+2.5% | Added |
| Wellington Management Group LLP | 888,438 | $119.8M | 0.02% | +318,618+55.9% | Added |
| Genesis Investment Management, LLP | 887,951 | $119.7M | 23.14% | −68,515−7.2% | Reduced |
| D. E. Shaw & Co., Inc. | 883,973 | $119.2M | 0.16% | +874,386+9,120.5% | Added |
| AQR Capital Management LLC | 849,046 | $114.5M | 0.16% | +63,891+8.1% | Added |
| Franchise Capital Ltd | 846,224 | $114.1M | 41.12% | −291,997−25.7% | Reduced |
| IvyRock Asset Management (HK) Ltd | 838,536 | $113.0M | 49.53% | −6,800−0.8% | Reduced |
| Scge Management, L.P. | 830,000 | $111.9M | 2.44% | −446,000−35.0% | Reduced |
| Citigroup Inc | 826,565 | $111.4M | 0.10% | +67,358+8.9% | Added |
| Manufacturers Life Insurance Company, The | 813,038 | $109.6M | 0.10% | −61,566−7.0% | Reduced |
| Citadel Advisors LLC | 798,091 | $107.6M | 0.11% | +426,336+114.7% | Added |
| Matthews International Capital Management LLC | 786,119 | $106.0M | 17.45% | +330,635+72.6% | Added |
| Allianz Asset Management GmbH | 784,529 | $105.8M | 0.16% | −19,340−2.4% | Reduced |
| Causeway Capital Management LLC | 768,777 | $103.6M | 2.55% | +24,174+3.2% | Added |
| Lazard Asset Management LLC | 737,148 | $99.4M | 0.13% | +79,791+12.1% | Added |
| Barings LLC | 717,945 | $96.8M | 2.26% | +28,135+4.1% | Added |
| Simplex Trading, LLC | 710,095 | $95.7M | 3.23% | +336,010+89.8% | Added |
| ProShare Advisors LLC | 703,412 | $94.8M | 0.23% | +52,810+8.1% | Added |
| Fisher Asset Management, LLC | 697,867 | $94.1M | 0.04% | +84,901+13.9% | Added |
| Cat Rock Capital Management LP | 690,159 | $93.0M | 10.54% | +16,000+2.4% | Added |
| Squarepoint Ops LLC | 680,538 | $91.7M | 0.30% | −579,415−46.0% | Reduced |
| Man Group plc | 677,888 | $91.4M | 0.26% | −257,394−27.5% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 676,655 | $91.2M | 0.23% | +18,838+2.9% | Added |
| Principal Financial Group Inc | 672,654 | $90.7M | 0.05% | −195,841−22.5% | Reduced |
| Massachusetts Financial Services Co | 669,605 | $90.3M | 0.03% | +259,937+63.5% | Added |
| Artisan Partners Limited Partnership | 665,858 | $89.8M | 0.13% | +266,721+66.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 653,896 | $88.2M | 0.43% | −348,617−34.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 617,989 | $83.3M | 0.09% | +131,785+27.1% | Added |
| APG Asset Management N.V. | 680,128 | $82.2M | 0.55% | −787,800−53.7% | Reduced |
| Aviva PLC | 608,945 | $82.1M | 0.21% | +40,760+7.2% | Added |
| Renaissance Technologies LLC | 606,200 | $81.7M | 0.12% | −720,100−54.3% | Reduced |