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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, Q4 2024

Institutional positions in PDD Holdings Inc. as of Dec 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
587
−4 vs. Q3 2024
Shares held
400.6M
−22.9M (−5.4%) vs. Q3 2024
Total value
$39.5B
−$16.2B (−29.1%) vs. Q3 2024
New holders
114
195 more added
Sold out
118
224 more reduced

11 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2024: 587 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 heldQ4 2024: $39.5B
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, Q4 2024

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2024.

Institutions holding PDD in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Stanley-Laman Group, Ltd.2,000$194.0K0.03%+2,000New
Legacy Capital Group California, Inc.2,072$201.0K0.06%−3−0.1%Reduced
Henshaw Capital LLC2,103$204.0K0.01%+2,103New
Focus Financial Network, Inc.2,143$207.8K0.01%+2,143New
Carolina Wealth Advisors, LLC2,173$210.8K0.11%+1,687+347.1%Added
Colony Group, LLC2,195$212.9K0.00%−8,846−80.1%Reduced
Alhambra Investment Partners LLC2,200$213.4K0.11%00.0%Unchanged
Rehmann Capital Advisory Group2,218$215.2K0.01%−152−6.4%Reduced
Bridgefront Capital, LLC2,233$216.6K0.07%−2,666−54.4%Reduced
Financial Counselors Inc2,306$223.7K0.00%+344+17.5%Added
Range Financial Group LLC2,309$223.9K0.10%+2,309New
Cambridge Investment Research Advisors, Inc.2,314$224.0K0.00%−1,499−39.3%Reduced
Prospera Financial Services Inc2,382$231.0K0.01%−2,460−50.8%Reduced
Ballentine Partners, LLC2,416$234.3K0.00%−606−20.1%Reduced
PDS Planning, Inc2,421$234.8K0.02%−11−0.5%Reduced
Ronald Blue Trust, Inc.2,432$235.9K0.00%−2,153−47.0%Reduced
International Assets Investment Management, LLC2,454$237.8K0.02%−483,671−99.5%Reduced
Kestra Private Wealth Services, LLC2,496$242.1K0.00%−5,245−67.8%Reduced
New York Life Investment Management LLC2,528$245.2K0.00%+139+5.8%Added
Parallel Advisors, LLC2,534$245.8K0.01%−244−8.8%Reduced
Lester Murray Antman dba SimplyRich2,610$253.0K0.07%+2,610New
Ground Swell Capital, LLC2,764$268.1K0.58%+969+54.0%Added
CTC LLC2,783$269.9K0.03%+2,783New
Vinva Investment Management Ltd2,971$280.4K0.01%+1,174+65.3%Added
Institute for Wealth Management, LLC.2,980$289.0K0.04%+251+9.2%Added
West Family Investments, Inc.3,034$294.3K0.10%−110−3.5%Reduced
Apollon Wealth Management, LLC3,077$298.4K0.01%+463+17.7%Added
Pekin Hardy Strauss, Inc.3,085$299.2K0.04%−250−7.5%Reduced
State of Wyoming3,160$306.5K0.04%−7,140−69.3%Reduced
CSS LLC3,290$319.1K0.02%+3,290New
GenTrust, LLC3,327$322.7K0.01%+3,327New
Pitcairn Co3,482$337.7K0.02%+3,482New
Fifth Third Bancorp3,493$338.8K0.00%−914−20.7%Reduced
Central Asset Investments & Management Holdings (HK) Ltd3,500$339.5K0.21%+3,500New
BNP Paribas3,500$340.8K0.01%00.0%Unchanged
Leuthold Group, LLC3,543$343.6K0.04%−85−2.3%Reduced
Checchi Capital Advisers, LLC3,587$347.9K0.03%−83−2.3%Reduced
The PNC Financial Services Group, Inc.3,728$361.6K0.00%+140+3.9%Added
Chiron Investment Management, LLC3,887$377.0K0.13%−1,971−33.6%Reduced
Allianz SE4,012$378.7K0.01%+152+3.9%Added
Robertson Stephens Wealth Management, LLC4,000$388.0K0.01%00.0%Unchanged
Everstar Asset Management, LLC4,004$388.3K0.27%−1,372−25.5%Reduced
Commerce Bank4,020$389.9K0.00%−20.0%Reduced
Bayesian Capital Management, LP4,063$394.1K0.05%+4,063New
Merit Financial Group, LLC4,207$408.0K0.01%−45−1.1%Reduced
Rathbone Brothers plc4,281$415.2K0.00%+57+1.3%Added
SIH Partners, LLLP4,313$418.3K0.03%−11,650−73.0%Reduced
Boston Private Wealth LLC4,338$420.7K0.01%+4,338New
Capula Management Ltd4,362$423.1K0.00%+3,813+694.5%Added
Cantor Fitzgerald, L. P.4,507$437.1K0.02%+4,507New
Cardiff Park Advisors, LLC4,556$441.9K0.04%00.0%Unchanged
Sequoia Financial Advisors, LLC4,568$443.1K0.00%+911+24.9%Added
Raiffeisen Bank International AG4,700$443.6K0.01%+4,700New
CIBC World Markets Inc.4,576$444.0K0.00%−19,199−80.8%Reduced
SBI Securities Co., Ltd.4,694$455.3K0.01%+4,694New
Stifel Financial Corp4,697$455.6K0.00%−1,703−26.6%Reduced
Capital International Sarl4,721$457.9K0.01%+4,721New
CAPROCK Group, Inc.4,813$466.8K0.02%−131−2.6%Reduced
Oddo BHF Asset Management SAS4,842$469.6K0.02%00.0%Unchanged
Gsa Capital Partners LLP4,937$479.0K0.04%−1,525−23.6%Reduced
Jefferies Financial Group Inc.4,958$480.9K0.01%+4,958New
Eschler Asset Management LLP5,000$484.9K1.14%−29,500−85.5%Reduced
RBF Capital, LLC5,000$484.9K0.03%00.0%Unchanged
Corsair Capital Management, L.P.5,000$484.9K0.10%+5,000New
Moon Capital Management LP5,000$484.9K0.37%+5,000New
Advisors Asset Management, Inc.5,133$497.9K0.01%+985+23.7%Added
111 Capital5,236$507.8K0.11%+5,236New
Jump Financial, LLC5,375$521.3K0.01%−3,873−41.9%Reduced
TownSquare Capital, LLC5,382$522.0K0.01%+1,572+41.3%Added
Newlands Management Operations LLC5,438$527.4K0.00%+5,438New
Eos Management, L.P.5,507$534.1K0.23%00.0%Unchanged
Groupe la Francaise5,300$534.8K0.01%+5,300New
Ieq Capital, LLC5,539$537.2K0.01%−782−12.4%Reduced
Abn Amro Investment Solutions5,600$543.1K0.01%−2,700−32.5%Reduced
Dohj, LLC5,613$544.4K0.13%+61+1.1%Added
Main Management ETF Advisors, LLC5,696$552.0K0.03%−512−8.2%Reduced
Kovitz Investment Group Partners, LLC5,936$575.8K0.00%−100−1.7%Reduced
STF Management LP5,968$578.8K0.26%−3,397−36.3%Reduced
AE Wealth Management LLC5,980$580.0K0.00%+2,296+62.3%Added
Value Star Asset Management (Hong Kong) Ltd6,000$581.9K1.84%00.0%Unchanged
Sava Infond d.o.o.6,000$581.9K0.10%+6,000New
Banque Pictet & Cie SA6,050$586.8K0.01%+6,050New
Norinchukin Bank, The6,458$626.4K0.01%+500+8.4%Added
Mercer Global Advisors Inc6,555$635.8K0.00%−7,811−54.4%Reduced
Atomi Financial Group, Inc.6,778$657.4K0.03%+387+6.1%Added
Johnson Investment Counsel Inc6,825$662.0K0.01%+264+4.0%Added
Wealthedge Investment Advisors, LLC6,866$665.9K0.30%+6,866New
Advisor Group Holdings, Inc.6,889$667.9K0.00%−9,142−57.0%Reduced
Bailard, Inc.7,000$678.9K0.02%00.0%Unchanged
Two Sigma Securities, LLC7,067$685.4K0.12%+7,067New
Boothbay Fund Management, LLC7,302$708.2K0.02%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.7,430$720.6K0.03%+400+5.7%Added
Quadrant Capital Group LLC7,794$755.9K0.05%+518+7.1%Added
Agf Management Ltd8,126$788.1K0.00%+1,039+14.7%Added
Janney Montgomery Scott LLC8,212$796.0K0.00%−3,714−31.1%Reduced
Centiva Capital, LP8,257$800.8K0.03%+6,804+468.3%Added
CI Private Wealth, LLC8,304$805.4K0.00%+1,241+17.6%Added
Siemens Fonds Invest GmbH8,697$820.9K0.09%+8,697New
Pinebridge Investments, L.P.8,627$836.7K0.01%−42,051−83.0%Reduced
ICICI Prudential Asset Management Co Ltd8,698$843.6K0.09%−21−0.2%Reduced