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 |
|---|---|---|---|---|---|
| Kadensa Capital Ltd | 0 | $0 | 0.00% | −120,397−100.0% | Sold out |
| Pamalican Asset Management Ltd | 0 | $0 | 0.00% | −118,000−100.0% | Sold out |
| AI-Squared Management Ltd | 0 | $0 | 0.00% | −115,300−100.0% | Sold out |
| Bienville Capital Management, LLC | 0 | $0 | 0.00% | −102,800−100.0% | Sold out |
| Tiger Pacific Capital LP | 0 | $0 | 0.00% | −97,372−100.0% | Sold out |
| Monolith Management Ltd | 0 | $0 | 0.00% | −89,401−100.0% | Sold out |
| Apeiron Capital Ltd | 0 | $0 | 0.00% | −89,000−100.0% | Sold out |
| Scion Asset Management, LLC | 0 | $0 | 0.00% | −75,000−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −55,662−100.0% | Sold out |
| AMF Pensionsforsakring AB | 0 | $0 | 0.00% | −53,466−100.0% | Sold out |
| GQG Partners LLC | 0 | $0 | 0.00% | −52,012−100.0% | Sold out |
| E. Ohman J:or Asset Management AB | 0 | $0 | 0.00% | −50,200−100.0% | Sold out |
| Honeycomb Asset Management LP | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −48,305−100.0% | Sold out |
| Thrivent Financial for Lutherans | 0 | $0 | 0.00% | −41,323−100.0% | Sold out |
| Yong Rong (HK) Asset Management Ltd | 0 | $0 | 0.00% | −40,000−100.0% | Sold out |
| Dnca Finance | 0 | $0 | 0.00% | −24,800−100.0% | Sold out |
| Vaughan Nelson Investment Management, L.P. | 0 | $0 | 0.00% | −24,385−100.0% | Sold out |
| New Thinking (Hong Kong) Investment Management Co. Ltd | 0 | $0 | 0.00% | −23,793−100.0% | Sold out |
| LGT Fund Management Co Ltd. | 0 | $0 | 0.00% | −23,523−100.0% | Sold out |
| FengHe Fund Management Pte. Ltd. | 0 | $0 | 0.00% | −21,300−100.0% | Sold out |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −20,100−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −19,860−100.0% | Sold out |
| TrimTabs Asset Management, LLC | 0 | $0 | 0.00% | −18,840−100.0% | Sold out |
| Ratan Capital Management LP | 0 | $0 | 0.00% | −17,000−100.0% | Sold out |
| Oaktree Fund Advisors, LLC | 0 | $0 | 0.00% | −17,631−100.0% | Sold out |
| Headlands Technologies LLC | 0 | $0 | 0.00% | −15,906−100.0% | Sold out |
| Railway Pension Investments Ltd | 0 | $0 | 0.00% | −15,400−100.0% | Sold out |
| CIBC World Markets Corp | 0 | $0 | 0.00% | −14,799−100.0% | Sold out |
| Arizona PSPRS Trust | 0 | $0 | 0.00% | −14,150−100.0% | Sold out |
| Carmignac Gestion | 0 | $0 | 0.00% | −13,278−100.0% | Sold out |
| Morningstar Investment Management LLC | 0 | $0 | 0.00% | −12,247−100.0% | Sold out |
| Belpointe Asset Management LLC | 0 | $0 | 0.00% | −9,690−100.0% | Sold out |
| Siemens Fonds Invest GmbH | 0 | $0 | 0.00% | −8,697−100.0% | Sold out |
| Janney Montgomery Scott LLC | 0 | $0 | 0.00% | −8,212−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −7,067−100.0% | Sold out |
| Wealthedge Investment Advisors, LLC | 0 | $0 | 0.00% | −6,866−100.0% | Sold out |
| Value Star Asset Management (Hong Kong) Ltd | 0 | $0 | 0.00% | −6,000−100.0% | Sold out |
| Main Management ETF Advisors, LLC | 0 | $0 | 0.00% | −5,696−100.0% | Sold out |
| Groupe la Francaise | 0 | $0 | 0.00% | −5,300−100.0% | Sold out |
| Corsair Capital Management, L.P. | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Moon Capital Management LP | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −4,958−100.0% | Sold out |
| Cantor Fitzgerald, L. P. | 0 | $0 | 0.00% | −4,507−100.0% | Sold out |
| Boston Private Wealth LLC | 0 | $0 | 0.00% | −4,338−100.0% | Sold out |
| Rathbone Brothers plc | 0 | $0 | 0.00% | −4,281−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −4,063−100.0% | Sold out |
| BNP Paribas | 0 | $0 | 0.00% | −3,500−100.0% | Sold out |
| GenTrust, LLC | 0 | $0 | 0.00% | −3,327−100.0% | Sold out |
| CSS LLC | 0 | $0 | 0.00% | −3,290−100.0% | Sold out |
| Vinva Investment Management Ltd | 0 | $0 | 0.00% | −2,971−100.0% | Sold out |
| New York Life Investment Management LLC | 0 | $0 | 0.00% | −2,528−100.0% | Sold out |
| Kestra Private Wealth Services, LLC | 0 | $0 | 0.00% | −2,496−100.0% | Sold out |
| Prospera Financial Services Inc | 0 | $0 | 0.00% | −2,382−100.0% | Sold out |
| Financial Counselors Inc | 0 | $0 | 0.00% | −2,306−100.0% | Sold out |
| Carolina Wealth Advisors, LLC | 0 | $0 | 0.00% | −2,173−100.0% | Sold out |
| Stanley-Laman Group, Ltd. | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Newbridge Financial Services Group, Inc. | 0 | $0 | 0.00% | −1,300−100.0% | Sold out |
| EMC Capital Management | 0 | $0 | 0.00% | −1,300−100.0% | Sold out |
| Icon Wealth Advisors, LLC | 0 | $0 | 0.00% | −1,275−100.0% | Sold out |
| Whittier Trust Co of Nevada Inc | 0 | $0 | 0.00% | −1,003−100.0% | Sold out |
| Castleview Partners, LLC | 0 | $0 | 0.00% | −385−100.0% | Sold out |
| GeoWealth Management, LLC | 0 | $0 | 0.00% | −269−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −258−100.0% | Sold out |
| Venturi Wealth Management, LLC | 0 | $0 | 0.00% | −255−100.0% | Sold out |
| Militia Capital Partners, LP | 0 | $0 | 0.00% | −160−100.0% | Sold out |
| Stonebridge Financial Group, LLC | 0 | $0 | 0.00% | −150−100.0% | Sold out |
| Valley National Advisers Inc | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| New Millennium Group LLC | 0 | $0 | 0.00% | −23−100.0% | Sold out |
| First Horizon Advisors, Inc. | 0 | $0 | 0.00% | −19−100.0% | Sold out |
| Elequin Capital LP | 0 | $0 | 0.00% | −16−100.0% | Sold out |
| Transamerica Financial Advisors, Inc. | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Lee Danner & Bass Inc | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Creekmur Asset Management LLC | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Continuum Advisory, LLC | 0 | $0 | 0.00% | −7−100.0% | Sold out |
| Clearstead Advisors, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Van Hulzen Asset Management, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Coppell Advisory Solutions LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |
| Swedbank AB | – | – | – | – | Not filed |
| Origin Asset Management LLP | – | – | – | – | Not filed |
| Wetherby Asset Management Inc | – | – | – | – | Not filed |
| Vise Technologies, Inc. | – | – | – | – | Not filed |
| Ashburton (Jersey) Ltd | – | – | – | – | Not filed |
| Chiron Investment Management, LLC | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |