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 |
|---|---|---|---|---|---|
| Nomura Asset Management Co Ltd | 106,628 | $10.3M | 0.03% | −1,434−1.3% | Reduced |
| Eisler Capital Management Ltd. | 105,730 | $10.2M | 0.34% | +105,730 | New |
| Toroso Investments, LLC | 104,762 | $10.2M | 0.08% | +33,589+47.2% | Added |
| Contrarius Group Holdings Ltd | 103,714 | $10.1M | 0.62% | +103,714 | New |
| Bienville Capital Management, LLC | 102,800 | $9.97M | 2.44% | +90,400+729.0% | Added |
| Vontobel Holding Ltd. | 102,347 | $9.93M | 0.03% | −131,978−56.3% | Reduced |
| Headwater Capital Co Ltd | 100,000 | $9.70M | 5.17% | +100,000 | New |
| Rhumbline Advisers | 99,133 | $9.61M | 0.01% | −1,849−1.8% | Reduced |
| Garda Capital Partners LP | 98,969 | $9.60M | 7.73% | +98,969 | New |
| Millennium Management LLC | 97,876 | $9.49M | 0.01% | +91,456+1,424.5% | Added |
| Orbis Allan Gray Ltd | 97,653 | $9.47M | 0.05% | +97,653 | New |
| Tiger Pacific Capital LP | 97,372 | $9.44M | 2.53% | −227,800−70.1% | Reduced |
| 683 Capital Management, LLC | 95,000 | $9.21M | 0.91% | +6,000+6.7% | Added |
| Panagora Asset Management Inc | 94,921 | $9.21M | 0.04% | +365+0.4% | Added |
| Voya Investment Management LLC | 93,444 | $9.06M | 0.01% | +24,125+34.8% | Added |
| Monolith Management Ltd | 89,401 | $8.67M | 4.52% | −90,000−50.2% | Reduced |
| Apeiron Capital Ltd | 89,000 | $8.63M | 3.22% | −35,985−28.8% | Reduced |
| CastleKnight Management LP | 87,500 | $8.49M | 0.93% | −7,000−7.4% | Reduced |
| Amiral Gestion | 87,000 | $8.44M | 5.33% | +87,000 | New |
| iA Global Asset Management Inc. | 81,048 | $7.86M | 0.14% | +1,393+1.7% | Added |
| Profund Advisors LLC | 80,329 | $7.79M | 0.28% | −2,355−2.8% | Reduced |
| Shelton Capital Management | 79,567 | $7.72M | 0.19% | −1,964−2.4% | Reduced |
| Varma Mutual Pension Insurance Co | 78,300 | $7.59M | 0.06% | +13,900+21.6% | Added |
| Nissay Asset Management Corp | 77,869 | $7.59M | 0.05% | +8,438+12.2% | Added |
| Capital International Inc | 76,729 | $7.44M | 0.09% | +76,729 | New |
| Scion Asset Management, LLC | 75,000 | $7.27M | 9.39% | +75,000 | New |
| Ci Investments Inc. | 73,967 | $7.17M | 0.03% | −8,669−10.5% | Reduced |
| Prudential Financial Inc | 71,406 | $6.93M | 0.01% | −106,243−59.8% | Reduced |
| Aware Super Pty Ltd as trustee of Aware Super | 71,104 | $6.90M | 0.11% | +71,104 | New |
| Polen Capital Management LLC | 67,092 | $6.51M | 0.02% | −26,958−28.7% | Reduced |
| Ensign Peak Advisors, Inc | 66,400 | $6.44M | 0.01% | +7,250+12.3% | Added |
| Thornburg Investment Management Inc | 62,874 | $6.10M | 0.08% | −21,241−25.3% | Reduced |
| Los Angeles Capital Management LLC | 62,827 | $6.09M | 0.02% | +55,761+789.1% | Added |
| New York State Common Retirement Fund | 61,967 | $6.01M | 0.01% | −46,763−43.0% | Reduced |
| Two Sigma Advisers, LP | 61,800 | $5.99M | 0.01% | +52,300+550.5% | Added |
| Twenty Acre Capital LP | 61,300 | $5.95M | 4.85% | +26,400+75.6% | Added |
| Luxor Capital Group, LP | 61,000 | $5.92M | 0.77% | +61,000 | New |
| Carrhae Capital LLP | 60,220 | $5.84M | 0.69% | −387,740−86.6% | Reduced |
| ABS Direct Equity Fund LLC | 60,100 | $5.83M | 6.76% | 00.0% | Unchanged |
| Capstone Investment Advisors, LLC | 58,585 | $5.68M | 0.06% | +42,042+254.1% | Added |
| STRS Ohio | 58,099 | $5.64M | 0.02% | −8,300−12.5% | Reduced |
| AMS Capital Ltda | 57,622 | $5.59M | 2.81% | +7,187+14.3% | Added |
| Bamco Inc | 57,379 | $5.57M | 0.01% | −127,983−69.0% | Reduced |
| Fairtree Asset Management (Pty) Ltd | 57,023 | $5.53M | 5.29% | +57,023 | New |
| Daiwa Securities Group Inc. | 56,907 | $5.52M | 0.02% | +1,045+1.9% | Added |
| Wolverine Trading, LLC | 55,662 | $5.25M | 0.12% | +55,662 | New |
| AMF Pensionsforsakring AB | 53,466 | $5.19M | 0.04% | 00.0% | Unchanged |
| Allspring Global Investments Holdings, LLC | 53,264 | $5.16M | 0.01% | +37,421+236.2% | Added |
| Siren, L.L.C. | 52,901 | $5.13M | 0.23% | +12,500+30.9% | Added |
| Gulf International Bank (UK) Ltd | 52,183 | $5.06M | 0.13% | 00.0% | Unchanged |
| GQG Partners LLC | 52,012 | $5.04M | 0.01% | +52,012 | New |
| Wells Fargo & Company | 51,829 | $5.03M | 0.00% | −266,583−83.7% | Reduced |
| Corebridge Financial, Inc. | 51,143 | $4.96M | 0.03% | +67+0.1% | Added |
| DnB Asset Management AS | 51,040 | $4.95M | 0.02% | +2,417+5.0% | Added |
| Leonteq Securities AG | 50,645 | $4.91M | 0.48% | +38,495+316.8% | Added |
| Van Eck Associates Corp | 50,591 | $4.91M | 0.01% | −84,548−62.6% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 50,286 | $4.88M | 0.05% | +8,325+19.8% | Added |
| E. Ohman J:or Asset Management AB | 50,200 | $4.87M | 0.11% | −3,200−6.0% | Reduced |
| Honeycomb Asset Management LP | 50,000 | $4.85M | 1.81% | +50,000 | New |
| Verition Fund Management LLC | 49,934 | $4.84M | 0.02% | −30,644−38.0% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 49,427 | $4.79M | 0.05% | −26,686−35.1% | Reduced |
| Louisiana State Employees Retirement System | 48,800 | $4.73M | 0.09% | −2,200−4.3% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 48,305 | $4.69M | 0.31% | +48,305 | New |
| Seldon Capital LP | 48,226 | $4.68M | 1.91% | 00.0% | Unchanged |
| NEOS Investment Management LLC | 46,758 | $4.54M | 0.11% | +7,892+20.3% | Added |
| O'Shaughnessy Asset Management, LLC | 43,762 | $4.24M | 0.04% | +518+1.2% | Added |
| Walleye Capital LLC | 43,029 | $4.17M | 0.04% | −62,457−59.2% | Reduced |
| Comgest Global Investors S.A.S. | 42,688 | $4.14M | 0.07% | +10,429+32.3% | Added |
| Virtus Family Office LLC | 42,289 | $4.10M | 5.14% | +42,289 | New |
| Maxi Investments CY Ltd | 41,485 | $4.02M | 0.78% | −3,247−7.3% | Reduced |
| Thrivent Financial for Lutherans | 41,323 | $4.01M | 0.01% | +17,286+71.9% | Added |
| All-Stars Investment Ltd | 40,500 | $3.93M | 1.44% | −65,600−61.8% | Reduced |
| Yong Rong (HK) Asset Management Ltd | 40,000 | $3.88M | 1.70% | −79,200−66.4% | Reduced |
| Tower Research Capital LLC (TRC) | 39,124 | $3.79M | 0.08% | +23,929+157.5% | Added |
| Oasis Management Co Ltd. | 38,355 | $3.72M | 1.24% | +38,355 | New |
| Keystone Investors Pte Ltd | 37,805 | $3.67M | 0.26% | −1,233,340−97.0% | Reduced |
| Janney Capital Management LLC | 36,084 | $3.50M | 0.23% | −21,622−37.5% | Reduced |
| Quinn Opportunity Partners LLC | 35,846 | $3.48M | 0.25% | +35,846 | New |
| Maven Securities LTD | 35,395 | $3.43M | 0.55% | −2,496−6.6% | Reduced |
| Carnegie Mellon University | 35,322 | $3.43M | 2.51% | +35,322 | New |
| Shell Asset Management Co | 33,479 | $3.25M | 0.14% | +3,307+11.0% | Added |
| Pacer Advisors, Inc. | 33,287 | $3.23M | 0.01% | +531+1.6% | Added |
| LPL Financial LLC | 32,191 | $3.12M | 0.00% | +3,534+12.3% | Added |
| Raymond James Financial Inc | 32,105 | $3.11M | 0.00% | +32,105 | New |
| Quantinno Capital Management LP | 31,151 | $3.02M | 0.03% | +740+2.4% | Added |
| Yousif Capital Management, LLC | 31,123 | $3.02M | 0.03% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 31,066 | $3.01M | 0.02% | −5,604−15.3% | Reduced |
| Natixis | 30,336 | $2.94M | 0.02% | +24,284+401.3% | Added |
| Kamunting Street Capital Management, L.P. | 30,000 | $2.91M | 2.52% | +2,728+10.0% | Added |
| Alps Advisors Inc | 28,559 | $2.77M | 0.02% | +1,105+4.0% | Added |
| J. Safra Sarasin Holding AG | 27,201 | $2.57M | 0.04% | −68,311−71.5% | Reduced |
| IFM Investors Pty Ltd | 26,036 | $2.53M | 0.03% | −9,862−27.5% | Reduced |
| Freemont Capital Pte Ltd | 26,000 | $2.52M | 0.05% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 25,815 | $2.50M | 0.05% | +1,368+5.6% | Added |
| Saba Capital Management, L.P. | 25,000 | $2.42M | 0.06% | −3,000−10.7% | Reduced |
| Creative Planning | 24,917 | $2.42M | 0.00% | +7,316+41.6% | Added |
| Dnca Finance | 24,800 | $2.41M | 0.19% | −1,520−5.8% | Reduced |
| Origin Asset Management LLP | 24,709 | $2.40M | 5.51% | −413,170−94.4% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 24,385 | $2.37M | 0.02% | +1,950+8.7% | Added |
| New Thinking (Hong Kong) Investment Management Co. Ltd | 23,793 | $2.31M | 25.16% | +23,793 | New |