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, Q1 2025
Institutional positions in PDD Holdings Inc. as of Mar 31, 2025. 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
- 584
- +5 vs. Q4 2024
- Shares held
- 456.1M
- +58.7M (+14.8%) vs. Q4 2024
- Total value
- $49.1B
- +$9.87B (+25.2%) vs. Q4 2024
- New holders
- 99
- 227 more added
- Sold out
- 94
- 185 more reduced
8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Plato Investment Management Ltd | 1,940 | $232.1K | 0.02% | 00.0% | Unchanged |
| Greenleaf Trust | 2,000 | $236.7K | 0.00% | +2,000 | New |
| Congress Wealth Management LLC | 2,005 | $237.3K | 0.00% | +2,005 | New |
| Ausdal Financial Partners, Inc. | 2,026 | $239.8K | 0.02% | +2,026 | New |
| Legacy Capital Group California, Inc. | 2,041 | $241.6K | 0.08% | −31−1.5% | Reduced |
| Optiver Holding B.V. | 2,042 | $241.7K | 0.01% | +2,042 | New |
| Cambridge Investment Research Advisors, Inc. | 2,096 | $248.0K | 0.00% | −218−9.4% | Reduced |
| Rehmann Capital Advisory Group | 2,165 | $256.3K | 0.02% | −53−2.4% | Reduced |
| Pekin Hardy Strauss, Inc. | 2,185 | $258.6K | 0.03% | −900−29.2% | Reduced |
| Ground Swell Capital, LLC | 2,191 | $259.3K | 0.59% | −573−20.7% | Reduced |
| Alhambra Investment Partners LLC | 2,200 | $260.4K | 0.13% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 2,205 | $261.0K | 0.02% | −249−10.1% | Reduced |
| Advisors Preferred, LLC | 2,169 | $265.0K | 0.04% | +1,916+757.3% | Added |
| Focus Financial Network, Inc. | 2,279 | $269.7K | 0.01% | +136+6.3% | Added |
| CTC LLC | 2,281 | $270.0K | 0.04% | −502−18.0% | Reduced |
| Aaron Wealth Advisors | 2,311 | $273.5K | 0.03% | +2,311 | New |
| Capstone Investment Advisors, LLC | 2,355 | $278.7K | 0.00% | −56,230−96.0% | Reduced |
| Tuttle Tactical Management | 2,427 | $287.2K | 1.26% | +2,427 | New |
| Prospect Financial Services LLC | 2,439 | $288.7K | 0.16% | +2,439 | New |
| Central Asset Investments & Management Holdings (HK) Ltd | 2,500 | $295.9K | 0.50% | −1,000−28.6% | Reduced |
| Bridgefront Capital, LLC | 2,514 | $297.5K | 0.09% | +281+12.6% | Added |
| Aspen Grove Capital, LLC | 2,518 | $298.0K | 0.06% | +2,518 | New |
| Lido Advisors, LLC | 2,518 | $298.0K | 0.00% | +2,518 | New |
| Range Financial Group LLC | 2,573 | $304.5K | 0.14% | +264+11.4% | Added |
| Sagespring Wealth Partners, LLC | 2,585 | $305.9K | 0.01% | +2,585 | New |
| DRW Securities, LLC | 2,684 | $317.7K | 0.03% | +2,684 | New |
| Ballentine Partners, LLC | 2,712 | $321.0K | 0.01% | +296+12.3% | Added |
| PDS Planning, Inc | 2,784 | $329.5K | 0.03% | +363+15.0% | Added |
| Alpha Family Trust | 2,815 | $333.2K | 0.19% | +2,815 | New |
| Keystone Investors Pte Ltd | 2,900 | $343.2K | 0.05% | −34,905−92.3% | Reduced |
| Institute for Wealth Management, LLC. | 2,980 | $352.7K | 0.05% | 00.0% | Unchanged |
| Resolute Partners Group | 3,020 | $357.4K | 0.10% | +3,020 | New |
| West Family Investments, Inc. | 3,034 | $359.1K | 0.14% | 00.0% | Unchanged |
| Apollon Wealth Management, LLC | 3,038 | $359.5K | 0.01% | −39−1.3% | Reduced |
| Ronald Blue Trust, Inc. | 3,084 | $365.0K | 0.00% | +652+26.8% | Added |
| Eschler Asset Management LLP | 3,200 | $378.7K | 0.96% | −1,800−36.0% | Reduced |
| Jump Financial, LLC | 3,222 | $381.3K | 0.01% | −2,153−40.1% | Reduced |
| Scientech Research LLC | 3,264 | $386.3K | 0.10% | +3,264 | New |
| ExodusPoint Capital Management, LP | 3,273 | $387.0K | 0.01% | +3,273 | New |
| Farther Finance Advisors, LLC | 3,245 | $396.4K | 0.01% | +2,686+480.5% | Added |
| Leuthold Group, LLC | 3,424 | $405.2K | 0.05% | −119−3.4% | Reduced |
| MML Investors Services, LLC | 3,427 | $406.0K | 0.00% | +3,427 | New |
| Marathon Trading Investment Management LLC | 3,491 | $413.2K | 0.22% | −6,718−65.8% | Reduced |
| Tounjian Advisory Partners, LLC | 3,554 | $420.6K | 0.08% | +3,554 | New |
| Accuvest Global Advisors | 3,558 | $421.0K | 0.36% | +3,558 | New |
| Fifth Third Bancorp | 3,574 | $423.0K | 0.00% | +81+2.3% | Added |
| Oddo BHF Asset Management SAS | 3,547 | $427.2K | 0.02% | −1,295−26.7% | Reduced |
| Jain Global LLC | 3,654 | $432.5K | 0.01% | −5,137−58.4% | Reduced |
| GTS Securities LLC | 3,741 | $442.7K | 0.02% | −10,395−73.5% | Reduced |
| Old Mission Capital LLC | 3,782 | $447.6K | 0.01% | +3,782 | New |
| Parallel Advisors, LLC | 3,815 | $451.6K | 0.01% | +1,281+50.6% | Added |
| SBI Securities Co., Ltd. | 3,834 | $453.8K | 0.02% | −860−18.3% | Reduced |
| Checchi Capital Advisers, LLC | 3,851 | $455.8K | 0.03% | +264+7.4% | Added |
| Robertson Stephens Wealth Management, LLC | 4,000 | $473.4K | 0.02% | 00.0% | Unchanged |
| Commerce Bank | 4,028 | $476.7K | 0.00% | +8+0.2% | Added |
| Global Endowment Management, LP | 4,035 | $477.5K | 0.06% | −8,941−68.9% | Reduced |
| Independent Financial Group, LLC | 4,080 | $482.9K | 0.02% | +4,080 | New |
| The PNC Financial Services Group, Inc. | 4,103 | $485.6K | 0.00% | +375+10.1% | Added |
| May Hill Capital, LLC | 4,279 | $506.4K | 0.19% | +4,279 | New |
| CIBC World Markets Inc. | 4,290 | $507.7K | 0.00% | −286−6.3% | Reduced |
| Everstar Asset Management, LLC | 4,314 | $510.6K | 0.34% | +310+7.7% | Added |
| Lester Murray Antman dba SimplyRich | 4,420 | $523.0K | 0.15% | +1,810+69.3% | Added |
| Merit Financial Group, LLC | 4,511 | $533.9K | 0.01% | +304+7.2% | Added |
| Banco BTG Pactual S.A. | 4,541 | $537.4K | 0.13% | +4,541 | New |
| Cardiff Park Advisors, LLC | 4,556 | $539.2K | 0.05% | 00.0% | Unchanged |
| Pitcairn Co | 4,559 | $539.6K | 0.03% | +1,077+30.9% | Added |
| TownSquare Capital, LLC | 4,769 | $564.5K | 0.01% | −613−11.4% | Reduced |
| State of Wyoming | 4,780 | $565.7K | 0.07% | +1,620+51.3% | Added |
| Raiffeisen Bank International AG | 4,700 | $566.1K | 0.01% | 00.0% | Unchanged |
| Stifel Financial Corp | 4,830 | $571.6K | 0.00% | +133+2.8% | Added |
| CAPROCK Group, Inc. | 4,877 | $577.2K | 0.02% | +64+1.3% | Added |
| Sequoia Financial Advisors, LLC | 5,050 | $597.7K | 0.00% | +482+10.6% | Added |
| 111 Capital | 5,220 | $617.8K | 0.12% | −16−0.3% | Reduced |
| Advisors Asset Management, Inc. | 5,279 | $624.8K | 0.01% | +146+2.8% | Added |
| Newlands Management Operations LLC | 5,438 | $643.6K | 0.00% | 00.0% | Unchanged |
| Henshaw Capital LLC | 5,460 | $646.2K | 0.03% | +3,357+159.6% | Added |
| Eos Management, L.P. | 5,507 | $651.8K | 0.29% | 00.0% | Unchanged |
| Commons Capital, LLC | 5,600 | $662.8K | 0.61% | +5,600 | New |
| Capital Markets Trading UK LLP | 5,610 | $664.0K | 0.76% | −13,235−70.2% | Reduced |
| Kovitz Investment Group Partners, LLC | 5,785 | $684.6K | 0.00% | −151−2.5% | Reduced |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 5,900 | $698.3K | 0.56% | +5,900 | New |
| CWM Advisors, LLC | 5,940 | $703.0K | 0.08% | +5,940 | New |
| CastleKnight Management LP | 6,000 | $710.1K | 0.08% | −81,500−93.1% | Reduced |
| Quinn Opportunity Partners LLC | 6,000 | $710.1K | 0.05% | −29,846−83.3% | Reduced |
| Royal Fund Management, LLC | 6,035 | $714.2K | 0.09% | +6,035 | New |
| Johnson Investment Counsel Inc | 6,099 | $721.8K | 0.01% | −726−10.6% | Reduced |
| AE Wealth Management LLC | 6,209 | $734.9K | 0.01% | +229+3.8% | Added |
| Mercer Global Advisors Inc | 6,305 | $746.2K | 0.00% | −250−3.8% | Reduced |
| STF Management LP | 6,371 | $754.0K | 0.36% | +403+6.8% | Added |
| Campbell & CO Investment Adviser LLC | 6,445 | $762.8K | 0.06% | +6,445 | New |
| Skopos Labs, Inc. | 6,688 | $791.5K | 0.17% | +6,164+1,176.3% | Added |
| Bailard, Inc. | 7,000 | $828.5K | 0.02% | 00.0% | Unchanged |
| Dohj, LLC | 7,014 | $830.1K | 0.19% | +1,401+25.0% | Added |
| Ieq Capital, LLC | 7,019 | $830.7K | 0.01% | +1,480+26.7% | Added |
| Maven Securities LTD | 7,223 | $854.8K | 0.19% | −28,172−79.6% | Reduced |
| Sava Infond d.o.o. | 7,300 | $864.0K | 0.16% | +1,300+21.7% | Added |
| Landscape Capital Management, L.L.C. | 7,436 | $880.0K | 0.08% | +7,436 | New |
| Gsa Capital Partners LLP | 7,586 | $898.0K | 0.08% | +2,649+53.7% | Added |
| Itau Unibanco Holding S.A. | 7,833 | $927.0K | 0.04% | +7,833 | New |
| CI Private Wealth, LLC | 7,992 | $945.9K | 0.00% | −312−3.8% | Reduced |