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 |
|---|---|---|---|---|---|
| Lansforsakringar Fondforvaltning AB (publ) | 132,895 | $12.9M | 0.07% | +132,895 | New |
| Teachers Retirement System of the State of Kentucky | 133,990 | $13.0M | 0.11% | +29,990+28.8% | Added |
| Antipodes Partners Ltd | 135,379 | $13.1M | 0.46% | −332,121−71.0% | Reduced |
| Susquehanna International Group, LLP | 137,387 | $13.3M | 0.02% | +108,868+381.7% | Added |
| Orland Properties Ltd | 138,835 | $13.5M | 19.62% | 00.0% | Unchanged |
| Leading Securities Co Ltd | 139,370 | $13.5M | 43.94% | +139,370 | New |
| Polymer Capital Management (HK) LTD | 141,155 | $13.7M | 2.40% | +14,100+11.1% | Added |
| Alden Global Capital LLC | 144,375 | $14.0M | 13.64% | +51,590+55.6% | Added |
| Tudor Investment Corp Et Al | 145,314 | $14.1M | 0.15% | +116,973+412.7% | Added |
| KLP Kapitalforvaltning AS | 155,400 | $15.1M | 0.07% | +155,400 | New |
| Candriam Luxembourg S.C.A. | 159,000 | $15.4M | 0.09% | −13,500−7.8% | Reduced |
| Guggenheim Capital LLC | 159,400 | $15.5M | 0.13% | +535+0.3% | Added |
| Asset Management One Co.,Ltd. | 158,720 | $15.5M | 0.05% | +16,411+11.5% | Added |
| Trexquant Investment LP | 160,033 | $15.5M | 0.18% | +160,033 | New |
| Taikang Asset Management (Hong Kong) Co Ltd | 160,246 | $15.5M | 2.28% | −250,795−61.0% | Reduced |
| LMR Partners LLP | 162,206 | $15.7M | 0.27% | +114,070+237.0% | Added |
| Resona Asset Management Co.,Ltd. | 169,086 | $16.4M | 0.10% | −20,753−10.9% | Reduced |
| TB Alternative Assets Ltd. | 173,148 | $16.8M | 4.32% | 00.0% | Unchanged |
| PEAK6 LLC | 173,251 | $16.8M | 0.66% | +173,251 | New |
| Police & Firemen's Retirement System of New Jersey | 173,716 | $16.8M | 0.16% | +173,716 | New |
| MY.Alpha Management HK Advisors Ltd | 175,014 | $17.0M | 7.46% | −193,473−52.5% | Reduced |
| Balyasny Asset Management LLC | 175,683 | $17.0M | 0.04% | −198,580−53.1% | Reduced |
| Alliancebernstein L.P. | 179,367 | $17.4M | 0.01% | −1,446,156−89.0% | Reduced |
| National Pension Service | 181,311 | $17.6M | 0.02% | +944+0.5% | Added |
| Walleye Trading LLC | 183,548 | $17.8M | 0.35% | +183,548 | New |
| Coatue Management LLCSuperinvestorCoatue Management | 184,628 | $17.9M | 0.06% | −2,402,908−92.9% | Reduced |
| Genesis Investment Management, LLP | 184,792 | $17.9M | 19.68% | −703,159−79.2% | Reduced |
| Global X Japan Co., Ltd. | 189,389 | $18.4M | 2.29% | +33,907+21.8% | Added |
| Alberta Investment Management Corp | 190,060 | $18.4M | 0.12% | +21,302+12.6% | Added |
| KBC Group NV | 191,258 | $18.6M | 0.05% | −110,429−36.6% | Reduced |
| Liontrust Investment Partners LLP | 202,473 | $19.6M | 0.28% | +157,173+347.0% | Added |
| Royal Bank of Canada | 214,936 | $20.8M | 0.00% | −116,230−35.1% | Reduced |
| Credit Agricole S A | 215,486 | $20.9M | 0.07% | −10,527−4.7% | Reduced |
| Todd Asset Management LLC | 216,510 | $21.0M | 0.50% | +34,521+19.0% | Added |
| AlpInvest Partners B.V. | 218,050 | $21.1M | 22.06% | +39,982+22.5% | Added |
| Parus Finance (UK) Ltd | 219,714 | $21.3M | 6.68% | −9,654−4.2% | Reduced |
| Public Employees Retirement System of Ohio | 221,518 | $21.5M | 0.07% | −104,004−31.9% | Reduced |
| Investmentaktiengesellschaft Fuer Langfristige Investoren TGV | 230,000 | $21.7M | 1.59% | +10,000+4.5% | Added |
| Panview Capital Ltd | 230,700 | $22.4M | 4.77% | +230,700 | New |
| IMC-Chicago, LLC | 231,874 | $22.5M | 0.61% | +123,913+114.8% | Added |
| AnglePoint Asset Management Ltd | 238,592 | $23.1M | 52.32% | −20,800−8.0% | Reduced |
| Synergy Financial Management, LLC | 205,740 | $23.2M | 1.80% | +119,580+138.8% | Added |
| Mackenzie Financial Corp | 244,609 | $23.7M | 0.03% | +40,732+20.0% | Added |
| Penserra Capital Management LLC | 251,166 | $24.4M | 0.45% | +93,216+59.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 252,743 | $24.5M | 0.11% | −401,153−61.3% | Reduced |
| Nordea Investment Management AB | 252,195 | $24.7M | 0.03% | −118,276−31.9% | Reduced |
| Wim Investment Management Ltd | 264,468 | $25.7M | 8.81% | −8,500−3.1% | Reduced |
| AXA S.A. | 265,320 | $25.7M | 0.08% | −11,935−4.3% | Reduced |
| USS Investment Management Ltd | 267,153 | $25.9M | 0.19% | −219,622−45.1% | Reduced |
| British Columbia Investment Management Corp | 271,100 | $26.3M | 0.16% | −47,800−15.0% | Reduced |
| SEI Investments Co | 273,168 | $26.5M | 0.03% | +37,689+16.0% | Added |
| Oaktree Capital Management LPSuperinvestorOaktree Capital | 277,767 | $26.9M | 0.51% | −5,500−1.9% | Reduced |
| Public Sector Pension Investment Board | 281,452 | $27.3M | 0.12% | −62,542−18.2% | Reduced |
| Bank of Montreal | 287,557 | $27.9M | 0.01% | −55,927−16.3% | Reduced |
| Oversea-Chinese Banking CORP Ltd | 309,285 | $30.0M | 0.86% | +34,390+12.5% | Added |
| California State Teachers Retirement System | 324,354 | $31.5M | 0.04% | +21,507+7.1% | Added |
| Victory Capital Management Inc | 336,391 | $32.6M | 0.03% | −54,046−13.8% | Reduced |
| Nomura Holdings Inc | 336,800 | $32.7M | 0.17% | +46,208+15.9% | Added |
| RV Capital GmbH | 345,489 | $33.5M | 7.18% | +26,100+8.2% | Added |
| M&G Plc | 354,970 | $34.4M | 0.21% | +107,553+43.5% | Added |
| Swedbank AB | 358,715 | $34.8M | 0.04% | −73,800−17.1% | Reduced |
| Wasatch Advisors Inc | 372,901 | $36.2M | 0.18% | +69,572+22.9% | Added |
| Handelsbanken Fonder AB | 373,216 | $36.2M | 0.14% | +10,897+3.0% | Added |
| Mirae Asset Global Investments Co., Ltd. | 414,628 | $36.4M | 0.15% | −129,966−23.9% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 380,638 | $36.9M | 0.11% | +16,680+4.6% | Added |
| Sylebra Capital LLC | 399,695 | $38.8M | 1.45% | −92,471−18.8% | Reduced |
| Alpine Investment Management Ltd | 400,000 | $38.8M | 24.83% | +400,000 | New |
| SG Americas Securities, LLC | 402,178 | $39.0M | 0.17% | −562,440−58.3% | Reduced |
| D. E. Shaw & Co., Inc. | 403,654 | $39.2M | 0.04% | −480,319−54.3% | Reduced |
| E Fund Management (Hong Kong) Co., Ltd. | 405,076 | $39.3M | 31.34% | −107,488−21.0% | Reduced |
| Storebrand Asset Management AS | 408,180 | $39.6M | 0.12% | +2,319+0.6% | Added |
| DekaBank Deutsche Girozentrale | 408,010 | $39.7M | 0.07% | 00.0% | Unchanged |
| 3G Capital Partners LP | 425,000 | $41.2M | 11.82% | +50,000+13.3% | Added |
| Man Group plc | 446,184 | $43.3M | 0.13% | −231,704−34.2% | Reduced |
| Causeway Capital Management LLC | 446,272 | $43.3M | 0.99% | −322,505−42.0% | Reduced |
| Kora Management LP | 453,250 | $44.0M | 5.92% | −85,000−15.8% | Reduced |
| Maple Rock Capital Partners Inc. | 454,000 | $44.0M | 3.20% | −96,560−17.5% | Reduced |
| Janus Henderson Group PLC | 455,266 | $44.2M | 0.02% | +355,712+357.3% | Added |
| Trivest Advisors Ltd | 460,000 | $44.6M | 2.02% | −773,700−62.7% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 467,162 | $45.3M | 0.11% | −209,493−31.0% | Reduced |
| Franklin Resources Inc | 469,091 | $45.5M | 0.01% | −123,257−20.8% | Reduced |
| Capitolis Liquid Global Markets LLC | 476,000 | $46.2M | 0.45% | −30,500−6.0% | Reduced |
| Shengqi Capital (Hong Kong) Ltd | 480,947 | $46.6M | 40.13% | +120,947+33.6% | Added |
| Acadian Asset Management LLC | 483,189 | $46.9M | 0.14% | −76,080−13.6% | Reduced |
| Harvest Fund Management Co., Ltd | 491,857 | $47.7M | 2.21% | −89,092−15.3% | Reduced |
| Pinpoint Asset Management Ltd | 473,558 | $47.9M | 8.49% | −441,239−48.2% | Reduced |
| Platinum Investment Management Ltd | 504,465 | $48.9M | 2.87% | −588,197−53.8% | Reduced |
| Principal Financial Group Inc | 517,077 | $50.2M | 0.03% | −155,577−23.1% | Reduced |
| Coronation Fund Managers Ltd. | 523,963 | $50.8M | 2.99% | −388,521−42.6% | Reduced |
| Korea Investment CORP | 530,787 | $51.5M | 0.12% | −10,700−2.0% | Reduced |
| American Century Companies Inc | 544,159 | $52.8M | 0.03% | +37,165+7.3% | Added |
| Cederberg Capital Ltd | 568,300 | $55.1M | 18.71% | 00.0% | Unchanged |
| Polar Capital Holdings Plc | 569,612 | $55.2M | 0.31% | +39,717+7.5% | Added |
| Massachusetts Financial Services Co | 578,161 | $56.1M | 0.02% | −91,444−13.7% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 587,302 | $57.0M | 0.13% | −15,462−2.6% | Reduced |
| Aviva PLC | 616,033 | $59.7M | 0.16% | +7,088+1.2% | Added |
| Allianz Asset Management GmbH | 620,898 | $60.2M | 0.09% | −163,631−20.9% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 621,092 | $60.2M | 0.13% | +72,674+13.3% | Added |
| Royal London Asset Management Ltd | 631,666 | $61.3M | 0.15% | +630,900+82,362.9% | Added |
| Franchise Capital Ltd | 636,224 | $61.7M | 28.61% | −210,000−24.8% | Reduced |