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.
| 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, Q4 2024
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Federation des caisses Desjardins du Quebec | 31,066 | $3.01M | 0.02% | −5,604−15.3% | Reduced |
| Yousif Capital Management, LLC | 31,123 | $3.02M | 0.03% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 31,151 | $3.02M | 0.03% | +740+2.4% | Added |
| Raymond James Financial Inc | 32,105 | $3.11M | 0.00% | +32,105 | New |
| LPL Financial LLC | 32,191 | $3.12M | 0.00% | +3,534+12.3% | Added |
| Pacer Advisors, Inc. | 33,287 | $3.23M | 0.01% | +531+1.6% | Added |
| Shell Asset Management Co | 33,479 | $3.25M | 0.14% | +3,307+11.0% | Added |
| Carnegie Mellon University | 35,322 | $3.43M | 2.51% | +35,322 | New |
| Maven Securities LTD | 35,395 | $3.43M | 0.55% | −2,496−6.6% | Reduced |
| Quinn Opportunity Partners LLC | 35,846 | $3.48M | 0.25% | +35,846 | New |
| Janney Capital Management LLC | 36,084 | $3.50M | 0.23% | −21,622−37.5% | Reduced |
| Keystone Investors Pte Ltd | 37,805 | $3.67M | 0.26% | −1,233,340−97.0% | Reduced |
| Oasis Management Co Ltd. | 38,355 | $3.72M | 1.24% | +38,355 | New |
| Tower Research Capital LLC (TRC) | 39,124 | $3.79M | 0.08% | +23,929+157.5% | Added |
| Yong Rong (HK) Asset Management Ltd | 40,000 | $3.88M | 1.70% | −79,200−66.4% | Reduced |
| All-Stars Investment Ltd | 40,500 | $3.93M | 1.44% | −65,600−61.8% | Reduced |
| Thrivent Financial for Lutherans | 41,323 | $4.01M | 0.01% | +17,286+71.9% | Added |
| Maxi Investments CY Ltd | 41,485 | $4.02M | 0.78% | −3,247−7.3% | Reduced |
| Virtus Family Office LLC | 42,289 | $4.10M | 5.14% | +42,289 | New |
| Comgest Global Investors S.A.S. | 42,688 | $4.14M | 0.07% | +10,429+32.3% | Added |
| Walleye Capital LLC | 43,029 | $4.17M | 0.04% | −62,457−59.2% | Reduced |
| O'Shaughnessy Asset Management, LLC | 43,762 | $4.24M | 0.04% | +518+1.2% | Added |
| NEOS Investment Management LLC | 46,758 | $4.54M | 0.11% | +7,892+20.3% | Added |
| Seldon Capital LP | 48,226 | $4.68M | 1.91% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 48,305 | $4.69M | 0.31% | +48,305 | New |
| Louisiana State Employees Retirement System | 48,800 | $4.73M | 0.09% | −2,200−4.3% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 49,427 | $4.79M | 0.05% | −26,686−35.1% | Reduced |
| Verition Fund Management LLC | 49,934 | $4.84M | 0.02% | −30,644−38.0% | Reduced |
| Honeycomb Asset Management LP | 50,000 | $4.85M | 1.81% | +50,000 | New |
| E. Ohman J:or Asset Management AB | 50,200 | $4.87M | 0.11% | −3,200−6.0% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 50,286 | $4.88M | 0.05% | +8,325+19.8% | Added |
| Van Eck Associates Corp | 50,591 | $4.91M | 0.01% | −84,548−62.6% | Reduced |
| Leonteq Securities AG | 50,645 | $4.91M | 0.48% | +38,495+316.8% | Added |
| DnB Asset Management AS | 51,040 | $4.95M | 0.02% | +2,417+5.0% | Added |
| Corebridge Financial, Inc. | 51,143 | $4.96M | 0.03% | +67+0.1% | Added |
| Wells Fargo & Company | 51,829 | $5.03M | 0.00% | −266,583−83.7% | Reduced |
| GQG Partners LLC | 52,012 | $5.04M | 0.01% | +52,012 | New |
| Gulf International Bank (UK) Ltd | 52,183 | $5.06M | 0.13% | 00.0% | Unchanged |
| Siren, L.L.C. | 52,901 | $5.13M | 0.23% | +12,500+30.9% | Added |
| Allspring Global Investments Holdings, LLC | 53,264 | $5.16M | 0.01% | +37,421+236.2% | Added |
| AMF Pensionsforsakring AB | 53,466 | $5.19M | 0.04% | 00.0% | Unchanged |
| Wolverine Trading, LLC | 55,662 | $5.25M | 0.12% | +55,662 | New |
| Daiwa Securities Group Inc. | 56,907 | $5.52M | 0.02% | +1,045+1.9% | Added |
| Fairtree Asset Management (Pty) Ltd | 57,023 | $5.53M | 5.29% | +57,023 | New |
| Bamco Inc | 57,379 | $5.57M | 0.01% | −127,983−69.0% | Reduced |
| AMS Capital Ltda | 57,622 | $5.59M | 2.81% | +7,187+14.3% | Added |
| STRS Ohio | 58,099 | $5.64M | 0.02% | −8,300−12.5% | Reduced |
| Capstone Investment Advisors, LLC | 58,585 | $5.68M | 0.06% | +42,042+254.1% | Added |
| ABS Direct Equity Fund LLC | 60,100 | $5.83M | 6.76% | 00.0% | Unchanged |
| Carrhae Capital LLP | 60,220 | $5.84M | 0.69% | −387,740−86.6% | Reduced |
| Luxor Capital Group, LP | 61,000 | $5.92M | 0.77% | +61,000 | New |
| Twenty Acre Capital LP | 61,300 | $5.95M | 4.85% | +26,400+75.6% | Added |
| Two Sigma Advisers, LP | 61,800 | $5.99M | 0.01% | +52,300+550.5% | Added |
| New York State Common Retirement Fund | 61,967 | $6.01M | 0.01% | −46,763−43.0% | Reduced |
| Los Angeles Capital Management LLC | 62,827 | $6.09M | 0.02% | +55,761+789.1% | Added |
| Thornburg Investment Management Inc | 62,874 | $6.10M | 0.08% | −21,241−25.3% | Reduced |
| Ensign Peak Advisors, Inc | 66,400 | $6.44M | 0.01% | +7,250+12.3% | Added |
| Polen Capital Management LLC | 67,092 | $6.51M | 0.02% | −26,958−28.7% | Reduced |
| Aware Super Pty Ltd as trustee of Aware Super | 71,104 | $6.90M | 0.11% | +71,104 | New |
| Prudential Financial Inc | 71,406 | $6.93M | 0.01% | −106,243−59.8% | Reduced |
| Ci Investments Inc. | 73,967 | $7.17M | 0.03% | −8,669−10.5% | Reduced |
| Scion Asset Management, LLC | 75,000 | $7.27M | 9.39% | +75,000 | New |
| Capital International Inc | 76,729 | $7.44M | 0.09% | +76,729 | New |
| Nissay Asset Management Corp | 77,869 | $7.59M | 0.05% | +8,438+12.2% | Added |
| Varma Mutual Pension Insurance Co | 78,300 | $7.59M | 0.06% | +13,900+21.6% | Added |
| Shelton Capital Management | 79,567 | $7.72M | 0.19% | −1,964−2.4% | Reduced |
| Profund Advisors LLC | 80,329 | $7.79M | 0.28% | −2,355−2.8% | Reduced |
| iA Global Asset Management Inc. | 81,048 | $7.86M | 0.14% | +1,393+1.7% | Added |
| Amiral Gestion | 87,000 | $8.44M | 5.33% | +87,000 | New |
| CastleKnight Management LP | 87,500 | $8.49M | 0.93% | −7,000−7.4% | Reduced |
| Apeiron Capital Ltd | 89,000 | $8.63M | 3.22% | −35,985−28.8% | Reduced |
| Monolith Management Ltd | 89,401 | $8.67M | 4.52% | −90,000−50.2% | Reduced |
| Voya Investment Management LLC | 93,444 | $9.06M | 0.01% | +24,125+34.8% | Added |
| Panagora Asset Management Inc | 94,921 | $9.21M | 0.04% | +365+0.4% | Added |
| 683 Capital Management, LLC | 95,000 | $9.21M | 0.91% | +6,000+6.7% | Added |
| Tiger Pacific Capital LP | 97,372 | $9.44M | 2.53% | −227,800−70.1% | Reduced |
| Orbis Allan Gray Ltd | 97,653 | $9.47M | 0.05% | +97,653 | New |
| Millennium Management LLC | 97,876 | $9.49M | 0.01% | +91,456+1,424.5% | Added |
| Garda Capital Partners LP | 98,969 | $9.60M | 7.73% | +98,969 | New |
| Rhumbline Advisers | 99,133 | $9.61M | 0.01% | −1,849−1.8% | Reduced |
| Headwater Capital Co Ltd | 100,000 | $9.70M | 5.17% | +100,000 | New |
| Vontobel Holding Ltd. | 102,347 | $9.93M | 0.03% | −131,978−56.3% | Reduced |
| Bienville Capital Management, LLC | 102,800 | $9.97M | 2.44% | +90,400+729.0% | Added |
| Contrarius Group Holdings Ltd | 103,714 | $10.1M | 0.62% | +103,714 | New |
| Toroso Investments, LLC | 104,762 | $10.2M | 0.08% | +33,589+47.2% | Added |
| Eisler Capital Management Ltd. | 105,730 | $10.2M | 0.34% | +105,730 | New |
| Nomura Asset Management Co Ltd | 106,628 | $10.3M | 0.03% | −1,434−1.3% | Reduced |
| Himension Fund | 108,850 | $10.6M | 0.73% | +66,819+159.0% | Added |
| Neuberger Berman Group LLC | 113,212 | $11.0M | 0.01% | −11,252−9.0% | Reduced |
| AI-Squared Management Ltd | 115,300 | $11.2M | 11.40% | +79,100+218.5% | Added |
| Blue Creek Capital Management Ltd | 116,721 | $11.3M | 15.51% | −30,000−20.4% | Reduced |
| Pamalican Asset Management Ltd | 118,000 | $11.4M | 5.05% | +118,000 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 118,471 | $11.5M | 0.01% | +21,552+22.2% | Added |
| Caption Management, LLC | 119,000 | $11.5M | 0.48% | +115,000+2,875.0% | Added |
| Kadensa Capital Ltd | 120,397 | $11.7M | 1.42% | +14,094+13.3% | Added |
| TD Asset Management Inc | 121,828 | $11.8M | 0.01% | +7,396+6.5% | Added |
| FACT Capital, LP | 127,338 | $12.4M | 5.39% | −7,745−5.7% | Reduced |
| CIBC Asset Management Inc | 127,820 | $12.4M | 0.04% | +2,301+1.8% | Added |
| Rafferty Asset Management, LLC | 129,148 | $12.5M | 0.04% | +11,666+9.9% | Added |
| Punch Card Management L.P. | 130,000 | $12.6M | 4.00% | +130,000 | New |