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 |
|---|---|---|---|---|---|
| Veritas Asset Management LLP | 23,791 | $2.31M | 0.02% | −1,924−7.5% | Reduced |
| LGT Fund Management Co Ltd. | 23,523 | $2.28M | 0.20% | +23,523 | New |
| AustralianSuper Pty Ltd | 22,789 | $2.21M | 0.01% | +6,748+42.1% | Added |
| State of New Jersey Common Pension Fund D | 22,785 | $2.21M | 0.01% | +4,709+26.1% | Added |
| FengHe Fund Management Pte. Ltd. | 21,300 | $2.07M | 0.61% | +21,300 | New |
| Ameritas Investment Partners, Inc. | 21,251 | $2.06M | 0.07% | +1,153+5.7% | Added |
| Two Sigma Investments, LP | 20,100 | $1.95M | 0.00% | −80.0% | Reduced |
| Yarbrough Capital, LLC | 20,025 | $1.94M | 0.07% | +20,025 | New |
| Toronto Dominion Bank | 19,936 | $1.93M | 0.00% | +10,434+109.8% | Added |
| Group One Trading, L.P. | 19,860 | $1.93M | 0.07% | +19,860 | New |
| Exchange Traded Concepts, LLC | 18,903 | $1.83M | 0.04% | +18,903 | New |
| Capital Markets Trading UK LLP | 18,845 | $1.83M | 1.08% | +500+2.7% | Added |
| TrimTabs Asset Management, LLC | 18,840 | $1.83M | 0.24% | +18,840 | New |
| Danske Bank A/S | 18,312 | $1.78M | 0.01% | −108,491−85.6% | Reduced |
| Qtron Investments LLC | 18,177 | $1.76M | 0.25% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 18,159 | $1.76M | 0.00% | −7,089−28.1% | Reduced |
| CMT Capital Markets Trading GmbH | 17,900 | $1.74M | 1.03% | +7,709+75.6% | Added |
| Northwest & Ethical Investments L.P. | 17,881 | $1.73M | 0.05% | +1,996+12.6% | Added |
| Ratan Capital Management LP | 17,000 | $1.72M | 0.26% | 00.0% | Unchanged |
| BI Asset Management Fondsmaeglerselskab A/S | 17,750 | $1.72M | 0.02% | −59,964−77.2% | Reduced |
| Oaktree Fund Advisors, LLC | 17,631 | $1.71M | 2.87% | −2,400−12.0% | Reduced |
| Banco Santander, S.A. | 17,591 | $1.71M | 0.02% | +6,727+61.9% | Added |
| M&T Bank Corp | 17,570 | $1.70M | 0.01% | +1,740+11.0% | Added |
| Northwestern Mutual Wealth Management Co | 17,321 | $1.68M | 0.00% | +14,648+548.0% | Added |
| Edmond de Rothschild Holding S.A. | 17,010 | $1.65M | 0.03% | −17,280−50.4% | Reduced |
| Mariner, LLC | 16,956 | $1.64M | 0.00% | −3,439−16.9% | Reduced |
| Marex Group plc | 16,630 | $1.61M | 0.03% | −582−3.4% | Reduced |
| Henry James International Management, Inc. | 16,151 | $1.57M | 0.56% | −2,262−12.3% | Reduced |
| Headlands Technologies LLC | 15,906 | $1.54M | 0.15% | +15,906 | New |
| Advisory Services Network, LLC | 15,790 | $1.53M | 0.03% | +599+3.9% | Added |
| Nipun Capital, L.P. | 15,700 | $1.52M | 0.98% | −1,200−7.1% | Reduced |
| Cerity Partners LLC | 14,576 | $1.50M | 0.00% | +694+5.0% | Added |
| Railway Pension Investments Ltd | 15,400 | $1.49M | 0.02% | 00.0% | Unchanged |
| Integrated Quantitative Investments LLC | 15,080 | $1.46M | 0.72% | +15,080 | New |
| CIBC World Markets Corp | 14,799 | $1.44M | 0.01% | +164+1.1% | Added |
| Solstein Capital, LLC | 14,699 | $1.43M | 0.80% | −94−0.6% | Reduced |
| GWM Advisors LLC | 14,672 | $1.42M | 0.01% | +7,868+115.6% | Added |
| Intech Investment Management LLC | 14,495 | $1.41M | 0.01% | −99−0.7% | Reduced |
| Howard Capital Management Inc. | 14,386 | $1.40M | 0.02% | +340+2.4% | Added |
| Jane Street Group, LLC | 14,336 | $1.39M | 0.00% | −253,562−94.6% | Reduced |
| Arizona PSPRS Trust | 14,150 | $1.37M | 0.04% | +14,150 | New |
| GTS Securities LLC | 14,136 | $1.37M | 0.07% | +14,136 | New |
| Generali Investments CEE, investicni spolecnost, a.s. | 14,000 | $1.36M | 0.14% | +14,000 | New |
| Ritholtz Wealth Management | 13,894 | $1.35M | 0.04% | +414+3.1% | Added |
| Union Bancaire Privee, UBP SA | 14,502 | $1.34M | 0.02% | +14,502 | New |
| QRG Capital Management, Inc. | 13,684 | $1.33M | 0.01% | −2,134−13.5% | Reduced |
| Lord, Abbett & Co. LLC | 13,431 | $1.30M | 0.00% | −24,804−64.9% | Reduced |
| Naviter Wealth, LLC | 13,349 | $1.29M | 0.16% | −2,597−16.3% | Reduced |
| Carmignac Gestion | 13,278 | $1.29M | 0.02% | −116,077−89.7% | Reduced |
| Global Endowment Management, LP | 12,976 | $1.26M | 0.16% | −58,724−81.9% | Reduced |
| Cigna Investments Inc | 12,814 | $1.24M | 0.22% | −585−4.4% | Reduced |
| HRT Financial LP | 12,441 | $1.21M | 0.01% | +12,441 | New |
| WCM Investment Management, LLC | 12,745 | $1.20M | 0.00% | +11,062+657.3% | Added |
| Jupiter Asset Management Ltd | 12,317 | $1.19M | 0.01% | −29,557−70.6% | Reduced |
| Morningstar Investment Management LLC | 12,247 | $1.19M | 0.09% | 00.0% | Unchanged |
| Oberweis Asset Management Inc | 12,000 | $1.16M | 0.05% | −5,000−29.4% | Reduced |
| Envestnet Asset Management Inc | 11,961 | $1.16M | 0.00% | −24,136−66.9% | Reduced |
| Cetera Investment Advisers | 11,154 | $1.08M | 0.00% | +1,280+13.0% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 11,190 | $1.08M | 0.01% | −17,799−61.4% | Reduced |
| China Universal Asset Management Co., Ltd. | 10,870 | $1.05M | 0.10% | −35,700−76.7% | Reduced |
| Wahed Invest LLC | 10,825 | $1.05M | 0.17% | +1,199+12.5% | Added |
| JustInvest LLC | 10,441 | $1.01M | 0.02% | −803−7.1% | Reduced |
| Brinker Capital Investments, LLC | 10,434 | $1.01M | 0.01% | −754−6.7% | Reduced |
| Orion Portfolio Solutions, LLC | 10,434 | $1.01M | 0.01% | −754−6.7% | Reduced |
| Sanctuary Advisors, LLC | 8,707 | $1.00M | 0.01% | −4,599−34.6% | Reduced |
| NFJ Investment Group, LLC | 10,341 | $1.00M | 0.03% | −1,961−15.9% | Reduced |
| Wetherby Asset Management Inc | 10,295 | $998.5K | 0.05% | −2,032−16.5% | Reduced |
| Marathon Trading Investment Management LLC | 10,209 | $990.2K | 0.16% | −12,991−56.0% | Reduced |
| Pathstone Holdings, LLC | 9,880 | $984.7K | 0.00% | +135+1.4% | Added |
| Sicart Associates LLC | 10,116 | $981.2K | 0.35% | +767+8.2% | Added |
| Engineers Gate Manager LP | 10,057 | $975.4K | 0.02% | +10,057 | New |
| NewEdge Wealth, LLC | 9,825 | $952.9K | 0.02% | −2,945−23.1% | Reduced |
| Ping Capital Management, Inc. | 9,800 | $950.5K | 0.39% | +9,800 | New |
| Vident Advisory, LLC | 9,771 | $947.7K | 0.02% | +15+0.2% | Added |
| Indus Capital Partners, LLC | 9,700 | $940.8K | 0.68% | +9,700 | New |
| Caitong International Asset Management Co., Ltd | 9,696 | $940.4K | 0.92% | +9,696 | New |
| Belpointe Asset Management LLC | 9,690 | $931.3K | 0.06% | +335+3.6% | Added |
| HighTower Advisors, LLC | 9,463 | $917.8K | 0.00% | +5,334+129.2% | Added |
| Caas Capital Management LP | 9,429 | $914.5K | 0.76% | +9,429 | New |
| Vise Technologies, Inc. | 9,280 | $900.1K | 0.07% | +6,985+304.4% | Added |
| US Bancorp | 9,079 | $880.6K | 0.00% | +1,127+14.2% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 9,060 | $878.7K | 0.01% | +1,840+25.5% | Added |
| Ashburton (Jersey) Ltd | 8,891 | $862.0K | 0.38% | −471−5.0% | Reduced |
| LGT Group Foundation | 8,851 | $858.5K | 0.01% | +33+0.4% | Added |
| Signaturefd, LLC | 8,838 | $857.2K | 0.02% | −241−2.7% | Reduced |
| Jain Global LLC | 8,791 | $852.6K | 0.03% | +8,791 | New |
| Truist Financial Corp | 8,748 | $848.5K | 0.00% | −43−0.5% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 8,698 | $843.6K | 0.09% | −21−0.2% | Reduced |
| Pinebridge Investments, L.P. | 8,627 | $836.7K | 0.01% | −42,051−83.0% | Reduced |
| Siemens Fonds Invest GmbH | 8,697 | $820.9K | 0.09% | +8,697 | New |
| CI Private Wealth, LLC | 8,304 | $805.4K | 0.00% | +1,241+17.6% | Added |
| Centiva Capital, LP | 8,257 | $800.8K | 0.03% | +6,804+468.3% | Added |
| Janney Montgomery Scott LLC | 8,212 | $796.0K | 0.00% | −3,714−31.1% | Reduced |
| Agf Management Ltd | 8,126 | $788.1K | 0.00% | +1,039+14.7% | Added |
| Quadrant Capital Group LLC | 7,794 | $755.9K | 0.05% | +518+7.1% | Added |
| Hennion & Walsh Asset Management, Inc. | 7,430 | $720.6K | 0.03% | +400+5.7% | Added |
| Boothbay Fund Management, LLC | 7,302 | $708.2K | 0.02% | 00.0% | Unchanged |
| Two Sigma Securities, LLC | 7,067 | $685.4K | 0.12% | +7,067 | New |
| Bailard, Inc. | 7,000 | $678.9K | 0.02% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 6,889 | $667.9K | 0.00% | −9,142−57.0% | Reduced |