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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, 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.

Institutional holdersQ3 2024: 602 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 heldQ3 2024: $55.8B
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, Q3 2024

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2024.

Institutions holding PDD in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Franklin Resources Inc592,348$80.6M0.02%−292,604−33.1%Reduced
Mitsubishi UFJ Trust & Banking Corp602,764$81.3M0.19%+14,667+2.5%Added
Renaissance Technologies LLC606,200$81.7M0.12%−720,100−54.3%Reduced
Aviva PLC608,945$82.1M0.21%+40,760+7.2%Added
APG Asset Management N.V.680,128$82.2M0.55%−787,800−53.7%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.617,989$83.3M0.09%+131,785+27.1%Added
Connor, Clark & Lunn Investment Management Ltd.653,896$88.2M0.43%−348,617−34.8%Reduced
Artisan Partners Limited Partnership665,858$89.8M0.13%+266,721+66.8%Added
Massachusetts Financial Services Co669,605$90.3M0.03%+259,937+63.5%Added
Principal Financial Group Inc672,654$90.7M0.05%−195,841−22.5%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.676,655$91.2M0.23%+18,838+2.9%Added
Man Group plc677,888$91.4M0.26%−257,394−27.5%Reduced
Squarepoint Ops LLC680,538$91.7M0.30%−579,415−46.0%Reduced
Cat Rock Capital Management LP690,159$93.0M10.54%+16,000+2.4%Added
Fisher Asset Management, LLC697,867$94.1M0.04%+84,901+13.9%Added
ProShare Advisors LLC703,412$94.8M0.23%+52,810+8.1%Added
Simplex Trading, LLC710,095$95.7M3.23%+336,010+89.8%Added
Barings LLC717,945$96.8M2.26%+28,135+4.1%Added
Lazard Asset Management LLC737,148$99.4M0.13%+79,791+12.1%Added
Causeway Capital Management LLC768,777$103.6M2.55%+24,174+3.2%Added
Allianz Asset Management GmbH784,529$105.8M0.16%−19,340−2.4%Reduced
Matthews International Capital Management LLC786,119$106.0M17.45%+330,635+72.6%Added
Citadel Advisors LLC798,091$107.6M0.11%+426,336+114.7%Added
Manufacturers Life Insurance Company, The813,038$109.6M0.10%−61,566−7.0%Reduced
Citigroup Inc826,565$111.4M0.10%+67,358+8.9%Added
Scge Management, L.P.830,000$111.9M2.44%−446,000−35.0%Reduced
IvyRock Asset Management (HK) Ltd838,536$113.0M49.53%−6,800−0.8%Reduced
Franchise Capital Ltd846,224$114.1M41.12%−291,997−25.7%Reduced
AQR Capital Management LLC849,046$114.5M0.16%+63,891+8.1%Added
D. E. Shaw & Co., Inc.883,973$119.2M0.16%+874,386+9,120.5%Added
Genesis Investment Management, LLP887,951$119.7M23.14%−68,515−7.2%Reduced
Wellington Management Group LLP888,438$119.8M0.02%+318,618+55.9%Added
Charles Schwab Investment Management Inc904,016$121.9M0.02%+22,319+2.5%Added
Coronation Fund Managers Ltd.912,484$123.0M6.82%+149,837+19.6%Added
Great West Life Assurance Co925,660$124.9M0.22%+97,756+11.8%Added
Pinpoint Asset Management Ltd914,797$126.8M27.22%+71,040+8.4%Added
William Blair Investment Management, LLC949,976$128.0M0.32%−919,806−49.2%Reduced
SG Americas Securities, LLC964,618$130.0M0.50%+738,813+327.2%Added
California Public Employees Retirement System1,082,668$146.0M0.10%−104,575−8.8%Reduced
Platinum Investment Management Ltd1,092,662$147.3M6.67%+225,215+26.0%Added
First Trust Advisors LP1,132,285$152.6M0.15%+228,044+25.2%Added
Northern Trust Corp1,144,526$154.3M0.03%−27,634−2.4%Reduced
Keywise Capital Management (HK) Ltd1,147,200$154.7M15.42%+603,300+110.9%Added
Ameriprise Financial Inc1,176,889$158.7M0.04%−15,905−1.3%Reduced
Standard Life Aberdeen plc1,240,220$165.5M0.30%+365,948+41.9%Added
Trivest Advisors Ltd1,233,700$166.3M9.45%−430,460−25.9%Reduced
Bridgewater Associates, LP1,251,860$168.8M0.96%−3,006−0.2%Reduced
Keystone Investors Pte Ltd1,271,145$171.4M12.53%+960,101+308.7%Added
Arrowstreet Capital, Limited Partnership9,477,455$182.1M0.16%+1,117,535+13.4%Added
Prudential PLC1,417,842$191.1M0.97%+428,685+43.3%Added
National Bank of Canada1,452,075$195.8M0.27%+872,473+150.5%Added
Macquarie Group Ltd1,505,570$203.0M0.22%+1,307,621+660.6%Added
Whale Rock Capital Management LLC1,527,323$205.9M2.89%+322,629+26.8%Added
Bank of New York Mellon Corp1,542,809$208.0M0.04%+38,310+2.5%Added
Capital Today Evergreen Fund, L.P.1,557,732$210.0M82.87%+103,832+7.1%Added
Swiss National Bank1,575,744$212.4M0.14%+229,135+17.0%Added
Pictet Asset Management Holding SA1,590,073$214.4M0.24%+311,347+24.3%Added
Alliancebernstein L.P.1,625,523$219.1M0.07%+83,988+5.4%Added
Schroder Investment Management Group1,634,631$221.3M0.23%−323,960−16.5%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,680,380$226.5M0.16%+232,181+16.0%Added
Public Investment Fund1,703,275$229.6M1.18%00.0%Unchanged
Perseverance Asset Management International1,757,906$237.0M27.31%+172,800+10.9%Added
Barclays PLC1,758,358$237.0M0.10%−204,203−10.4%Reduced
Marshall Wace, LLP1,788,512$241.1M0.31%−316,823−15.0%Reduced
Robeco Institutional Asset Management B.V.2,235,475$301.4M0.60%−406,898−15.4%Reduced
Dimensional Fund Advisors LP2,486,877$335.9M0.08%+169,082+7.3%Added
Coatue Management LLCSuperinvestorCoatue Management2,587,536$348.8M1.30%+2,279,835+740.9%Added
Nuveen Asset Management, LLC2,701,254$364.2M0.10%+878,822+48.2%Added
UBS Group AG3,045,877$410.6M0.12%+1,245,642+69.2%Added
IDG China Venture Capital Fund IV Associates L.P.3,087,730$416.3M99.21%−149,314−4.6%Reduced
Bank of America Corp3,293,460$444.0M0.04%−385,667−10.5%Reduced
Krane Funds Advisors LLC3,308,100$446.0M16.03%−187,956−5.4%Reduced
First Beijing Investment Ltd3,554,719$479.2M35.19%+770,539+27.7%Added
Deutsche Bank AG3,565,252$480.6M0.20%+1,653,735+86.5%Added
Dragoneer Investment Group, LLC3,744,241$504.8M8.78%+1,123,403+42.9%Added
H&H International Investment, LLCSuperinvestorH&H International Investment3,907,600$526.8M3.18%+3,804,600+3,693.8%Added
Legal & General Group Plc4,154,927$560.1M0.15%+339,275+8.9%Added
SRS Investment Management, LLC4,351,517$586.6M8.74%+704,270+19.3%Added
HSBC Holdings PLC4,362,049$589.6M0.37%+447,898+11.4%Added
BNP Paribas Arbitrage, SA4,392,674$592.2M0.58%+513,997+13.3%Added
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management4,517,786$609.0M19.33%−689,162−13.2%Reduced
FIL Ltd4,627,995$623.9M0.57%−668,355−12.6%Reduced
Geode Capital Management, LLC4,686,505$627.1M0.05%+513,248+12.3%Added
E Fund Management Co., Ltd.4,663,972$628.8M32.31%+44,323+1.0%Added
Invesco Ltd.4,671,736$629.8M0.12%−749,294−13.8%Reduced
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)4,766,780$642.6M14.11%−4,125,667−46.4%Reduced
Tairen Capital Ltd5,515,377$665.1M23.56%+137,001+2.5%Added
Appaloosa LPSuperinvestorAppaloosa5,301,132$714.6M10.62%+3,361,132+173.3%Added
Price T Rowe Associates Inc5,403,002$728.4M0.08%−1,396,129−20.5%Reduced
Assenagon Asset Management S.A.5,805,434$782.6M1.61%−108,346−1.8%Reduced
JPMorgan Chase & Co7,717,419$1.04B0.08%−562,382−6.8%Reduced
Goldman Sachs Group Inc8,598,318$1.16B0.22%−2,595,906−23.2%Reduced
Norges Bank9,358,209$1.26B0.18%−973,064−9.4%Reduced
Morgan Stanley10,544,435$1.42B0.10%−1,432,339−12.0%Reduced
State Street Corp11,664,707$1.57B0.06%+863,868+8.0%Added
SC US (TTGP), Ltd.12,032,996$1.62B11.84%−662,621−5.2%Reduced
UBS Asset Management Americas Inc13,145,211$1.77B0.46%+12,253,589+1,374.3%Added
SC China Holding Ltd15,444,770$1.93B74.66%−850,662−5.2%Reduced
FMR LLC20,930,161$2.82B0.17%+1,654,764+8.6%Added
Vanguard Group Inc28,393,947$3.83B0.07%+148,530+0.5%Added