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 |
|---|---|---|---|---|---|
| Veritas Asset Management LLP | 22,506 | $2.66M | 0.03% | −1,285−5.4% | Reduced |
| Alliancebernstein L.P. | 22,339 | $2.64M | 0.00% | −157,028−87.5% | Reduced |
| Oasis Management Co Ltd. | 21,900 | $2.59M | 0.87% | −16,455−42.9% | Reduced |
| Ameritas Investment Partners, Inc. | 21,850 | $2.59M | 0.09% | +599+2.8% | Added |
| Exchange Traded Concepts, LLC | 20,930 | $2.48M | 0.04% | +2,027+10.7% | Added |
| Swiss Life Asset Management Ltd | 20,806 | $2.46M | 0.02% | +20,806 | New |
| Commonwealth Equity Services, LLC | 19,583 | $2.32M | 0.00% | +1,424+7.8% | Added |
| Banque Cantonale Vaudoise | 19,548 | $2.31M | 0.10% | +19,548 | New |
| NewEdge Wealth, LLC | 19,391 | $2.29M | 0.04% | +9,566+97.4% | Added |
| Envestnet Asset Management Inc | 19,373 | $2.29M | 0.00% | +7,412+62.0% | Added |
| Mariner, LLC | 19,327 | $2.29M | 0.00% | +2,371+14.0% | Added |
| Cerity Partners LLC | 19,314 | $2.29M | 0.00% | +4,738+32.5% | Added |
| Tudor Investment Corp Et Al | 18,799 | $2.22M | 0.02% | −126,515−87.1% | Reduced |
| Norinchukin Bank, The | 17,919 | $2.12M | 0.04% | +11,461+177.5% | Added |
| Advisory Services Network, LLC | 17,894 | $2.12M | 0.04% | +2,104+13.3% | Added |
| GWM Advisors LLC | 17,673 | $2.09M | 0.01% | +3,001+20.5% | Added |
| Qtron Investments LLC | 17,641 | $2.09M | 0.31% | −536−2.9% | Reduced |
| Private Advisor Group, LLC | 17,492 | $2.07M | 0.01% | +17,492 | New |
| HighTower Advisors, LLC | 17,395 | $2.06M | 0.00% | +7,932+83.8% | Added |
| China Universal Asset Management Co., Ltd. | 16,852 | $1.99M | 0.19% | +5,982+55.0% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 16,745 | $1.98M | 0.02% | −1,005−5.7% | Reduced |
| Henry James International Management, Inc. | 16,168 | $1.91M | 0.66% | +17+0.1% | Added |
| Ariose Capital Management Ltd | 16,000 | $1.89M | 2.08% | +16,000 | New |
| Eisler Capital Management Ltd. | 15,319 | $1.81M | 0.05% | −90,411−85.5% | Reduced |
| Danske Bank A/S | 15,012 | $1.78M | 0.01% | −3,300−18.0% | Reduced |
| Kamunting Street Capital Management, L.P. | 15,000 | $1.78M | 1.19% | −15,000−50.0% | Reduced |
| Intech Investment Management LLC | 14,890 | $1.76M | 0.02% | +395+2.7% | Added |
| Sanctuary Advisors, LLC | 14,846 | $1.76M | 0.01% | +6,139+70.5% | Added |
| QRG Capital Management, Inc. | 14,769 | $1.75M | 0.02% | +1,085+7.9% | Added |
| Solstein Capital, LLC | 14,699 | $1.74M | 1.01% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 14,371 | $1.70M | 0.03% | +4,314+42.9% | Added |
| Pathstone Holdings, LLC | 14,336 | $1.70M | 0.01% | +4,456+45.1% | Added |
| Caas Capital Management LP | 14,035 | $1.66M | 0.79% | +4,606+48.8% | Added |
| Northwestern Mutual Wealth Management Co | 14,025 | $1.66M | 0.00% | −3,296−19.0% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 14,000 | $1.66M | 0.15% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 13,782 | $1.63M | 0.00% | +13,782 | New |
| Capital International Sarl | 13,728 | $1.62M | 0.04% | +9,007+190.8% | Added |
| Naviter Wealth, LLC | 13,157 | $1.58M | 0.19% | −192−1.4% | Reduced |
| Ritholtz Wealth Management | 13,341 | $1.58M | 0.05% | −553−4.0% | Reduced |
| Integrated Quantitative Investments LLC | 13,280 | $1.57M | 0.77% | −1,800−11.9% | Reduced |
| Cigna Investments Inc | 13,082 | $1.55M | 0.29% | +268+2.1% | Added |
| Lord, Abbett & Co. LLC | 13,030 | $1.54M | 0.01% | −401−3.0% | Reduced |
| JustInvest LLC | 12,987 | $1.54M | 0.02% | +2,546+24.4% | Added |
| Wexford Capital LP | 12,977 | $1.54M | 0.40% | +12,977 | New |
| SG Americas Securities, LLC | 12,864 | $1.52M | 0.01% | −389,314−96.8% | Reduced |
| Capula Management Ltd | 12,841 | $1.52M | 0.01% | +8,479+194.4% | Added |
| Advisor Group Holdings, Inc. | 12,798 | $1.51M | 0.00% | +5,909+85.8% | Added |
| Howard Capital Management Inc. | 12,546 | $1.48M | 0.04% | −1,840−12.8% | Reduced |
| LGT Group Foundation | 12,379 | $1.47M | 0.02% | +3,528+39.9% | Added |
| Boothbay Fund Management, LLC | 12,185 | $1.44M | 0.05% | +4,883+66.9% | Added |
| Brinker Capital Investments, LLC | 12,169 | $1.44M | 0.01% | +1,735+16.6% | Added |
| Orion Portfolio Solutions, LLC | 12,169 | $1.44M | 0.01% | +1,735+16.6% | Added |
| Wahed Invest LLC | 12,152 | $1.44M | 0.25% | +1,327+12.3% | Added |
| Banque Pictet & Cie SA | 11,900 | $1.41M | 0.02% | +5,850+96.7% | Added |
| Northwest & Ethical Investments L.P. | 11,576 | $1.37M | 0.04% | −6,305−35.3% | Reduced |
| Cetera Investment Advisers | 11,077 | $1.31M | 0.00% | −77−0.7% | Reduced |
| State of Wisconsin Investment Board | 11,043 | $1.31M | 0.00% | +11,043 | New |
| VestGen Advisors, LLC | 11,016 | $1.30M | 0.06% | +11,016 | New |
| Tower Research Capital LLC (TRC) | 10,813 | $1.28M | 0.04% | −28,311−72.4% | Reduced |
| Sicart Associates LLC | 10,700 | $1.27M | 0.44% | +584+5.8% | Added |
| Caption Management, LLC | 10,609 | $1.26M | 0.06% | −108,391−91.1% | Reduced |
| Abn Amro Investment Solutions | 10,370 | $1.23M | 0.03% | +4,770+85.2% | Added |
| US Bancorp | 10,217 | $1.21M | 0.00% | +1,138+12.5% | Added |
| Vident Advisory, LLC | 10,109 | $1.20M | 0.02% | +338+3.5% | Added |
| RBF Capital, LLC | 10,000 | $1.18M | 0.07% | +5,000+100.0% | Added |
| PKO Investment Management Joint-Stock Co | 10,000 | $1.18M | 0.13% | +10,000 | New |
| Colony Group, LLC | 9,939 | $1.18M | 0.00% | +7,744+352.8% | Added |
| Indus Capital Partners, LLC | 9,700 | $1.15M | 1.08% | 00.0% | Unchanged |
| RD Finance Ltd | 9,350 | $1.11M | 0.89% | +9,350 | New |
| Point72 (DIFC) Ltd | 9,303 | $1.10M | 0.11% | +9,303 | New |
| NFJ Investment Group, LLC | 9,256 | $1.10M | 0.04% | −1,085−10.5% | Reduced |
| Agf Management Ltd | 9,179 | $1.09M | 0.01% | +1,053+13.0% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 9,060 | $1.07M | 0.01% | 00.0% | Unchanged |
| Oberweis Asset Management Inc | 9,000 | $1.07M | 0.05% | −3,000−25.0% | Reduced |
| Ping Capital Management, Inc. | 9,000 | $1.07M | 0.71% | −800−8.2% | Reduced |
| Signaturefd, LLC | 8,957 | $1.06M | 0.02% | +119+1.3% | Added |
| Truist Financial Corp | 8,840 | $1.05M | 0.00% | +92+1.1% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 8,646 | $1.04M | 0.01% | −2,544−22.7% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 8,567 | $1.01M | 0.13% | −131−1.5% | Reduced |
| Banco Santander, S.A. | 8,262 | $977.8K | 0.01% | −9,329−53.0% | Reduced |
| Quadrant Capital Group LLC | 8,122 | $961.2K | 0.04% | +328+4.2% | Added |
| Hennion & Walsh Asset Management, Inc. | 8,068 | $954.8K | 0.04% | +638+8.6% | Added |
| Atomi Financial Group, Inc. | 8,051 | $952.8K | 0.04% | +1,273+18.8% | Added |
| Symmetry Investments LP | 8,000 | $946.8K | 0.09% | +8,000 | New |
| CI Private Wealth, LLC | 7,992 | $945.9K | 0.00% | −312−3.8% | Reduced |
| Itau Unibanco Holding S.A. | 7,833 | $927.0K | 0.04% | +7,833 | New |
| Gsa Capital Partners LLP | 7,586 | $898.0K | 0.08% | +2,649+53.7% | Added |
| Landscape Capital Management, L.L.C. | 7,436 | $880.0K | 0.08% | +7,436 | New |
| Sava Infond d.o.o. | 7,300 | $864.0K | 0.16% | +1,300+21.7% | Added |
| Maven Securities LTD | 7,223 | $854.8K | 0.19% | −28,172−79.6% | Reduced |
| Ieq Capital, LLC | 7,019 | $830.7K | 0.01% | +1,480+26.7% | Added |
| Dohj, LLC | 7,014 | $830.1K | 0.19% | +1,401+25.0% | Added |
| Bailard, Inc. | 7,000 | $828.5K | 0.02% | 00.0% | Unchanged |
| Skopos Labs, Inc. | 6,688 | $791.5K | 0.17% | +6,164+1,176.3% | Added |
| Campbell & CO Investment Adviser LLC | 6,445 | $762.8K | 0.06% | +6,445 | New |
| STF Management LP | 6,371 | $754.0K | 0.36% | +403+6.8% | Added |
| Mercer Global Advisors Inc | 6,305 | $746.2K | 0.00% | −250−3.8% | Reduced |
| AE Wealth Management LLC | 6,209 | $734.9K | 0.01% | +229+3.8% | Added |
| Johnson Investment Counsel Inc | 6,099 | $721.8K | 0.01% | −726−10.6% | Reduced |
| Royal Fund Management, LLC | 6,035 | $714.2K | 0.09% | +6,035 | New |