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 |
|---|---|---|---|---|---|
| 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 |
| CWM Advisors, LLC | 5,940 | $703.0K | 0.08% | +5,940 | New |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 5,900 | $698.3K | 0.56% | +5,900 | New |
| Kovitz Investment Group Partners, LLC | 5,785 | $684.6K | 0.00% | −151−2.5% | Reduced |
| Capital Markets Trading UK LLP | 5,610 | $664.0K | 0.76% | −13,235−70.2% | Reduced |
| Commons Capital, LLC | 5,600 | $662.8K | 0.61% | +5,600 | New |
| Eos Management, L.P. | 5,507 | $651.8K | 0.29% | 00.0% | Unchanged |
| Henshaw Capital LLC | 5,460 | $646.2K | 0.03% | +3,357+159.6% | Added |
| Newlands Management Operations LLC | 5,438 | $643.6K | 0.00% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 5,279 | $624.8K | 0.01% | +146+2.8% | Added |
| 111 Capital | 5,220 | $617.8K | 0.12% | −16−0.3% | Reduced |
| Sequoia Financial Advisors, LLC | 5,050 | $597.7K | 0.00% | +482+10.6% | Added |
| CAPROCK Group, Inc. | 4,877 | $577.2K | 0.02% | +64+1.3% | Added |
| Stifel Financial Corp | 4,830 | $571.6K | 0.00% | +133+2.8% | Added |
| Raiffeisen Bank International AG | 4,700 | $566.1K | 0.01% | 00.0% | Unchanged |
| State of Wyoming | 4,780 | $565.7K | 0.07% | +1,620+51.3% | Added |
| TownSquare Capital, LLC | 4,769 | $564.5K | 0.01% | −613−11.4% | Reduced |
| Pitcairn Co | 4,559 | $539.6K | 0.03% | +1,077+30.9% | Added |
| Cardiff Park Advisors, LLC | 4,556 | $539.2K | 0.05% | 00.0% | Unchanged |
| Banco BTG Pactual S.A. | 4,541 | $537.4K | 0.13% | +4,541 | New |
| Merit Financial Group, LLC | 4,511 | $533.9K | 0.01% | +304+7.2% | Added |
| Lester Murray Antman dba SimplyRich | 4,420 | $523.0K | 0.15% | +1,810+69.3% | Added |
| Everstar Asset Management, LLC | 4,314 | $510.6K | 0.34% | +310+7.7% | Added |
| CIBC World Markets Inc. | 4,290 | $507.7K | 0.00% | −286−6.3% | Reduced |
| May Hill Capital, LLC | 4,279 | $506.4K | 0.19% | +4,279 | New |
| The PNC Financial Services Group, Inc. | 4,103 | $485.6K | 0.00% | +375+10.1% | Added |
| Independent Financial Group, LLC | 4,080 | $482.9K | 0.02% | +4,080 | New |
| Global Endowment Management, LP | 4,035 | $477.5K | 0.06% | −8,941−68.9% | Reduced |
| Commerce Bank | 4,028 | $476.7K | 0.00% | +8+0.2% | Added |
| Robertson Stephens Wealth Management, LLC | 4,000 | $473.4K | 0.02% | 00.0% | Unchanged |
| Checchi Capital Advisers, LLC | 3,851 | $455.8K | 0.03% | +264+7.4% | Added |
| SBI Securities Co., Ltd. | 3,834 | $453.8K | 0.02% | −860−18.3% | Reduced |
| Parallel Advisors, LLC | 3,815 | $451.6K | 0.01% | +1,281+50.6% | Added |
| Old Mission Capital LLC | 3,782 | $447.6K | 0.01% | +3,782 | New |
| GTS Securities LLC | 3,741 | $442.7K | 0.02% | −10,395−73.5% | Reduced |
| Jain Global LLC | 3,654 | $432.5K | 0.01% | −5,137−58.4% | Reduced |
| Oddo BHF Asset Management SAS | 3,547 | $427.2K | 0.02% | −1,295−26.7% | Reduced |
| Fifth Third Bancorp | 3,574 | $423.0K | 0.00% | +81+2.3% | Added |
| Accuvest Global Advisors | 3,558 | $421.0K | 0.36% | +3,558 | New |
| Tounjian Advisory Partners, LLC | 3,554 | $420.6K | 0.08% | +3,554 | New |
| Marathon Trading Investment Management LLC | 3,491 | $413.2K | 0.22% | −6,718−65.8% | Reduced |
| MML Investors Services, LLC | 3,427 | $406.0K | 0.00% | +3,427 | New |
| Leuthold Group, LLC | 3,424 | $405.2K | 0.05% | −119−3.4% | Reduced |
| Farther Finance Advisors, LLC | 3,245 | $396.4K | 0.01% | +2,686+480.5% | Added |
| ExodusPoint Capital Management, LP | 3,273 | $387.0K | 0.01% | +3,273 | New |
| Scientech Research LLC | 3,264 | $386.3K | 0.10% | +3,264 | New |
| Jump Financial, LLC | 3,222 | $381.3K | 0.01% | −2,153−40.1% | Reduced |
| Eschler Asset Management LLP | 3,200 | $378.7K | 0.96% | −1,800−36.0% | Reduced |
| Ronald Blue Trust, Inc. | 3,084 | $365.0K | 0.00% | +652+26.8% | Added |
| Apollon Wealth Management, LLC | 3,038 | $359.5K | 0.01% | −39−1.3% | Reduced |
| West Family Investments, Inc. | 3,034 | $359.1K | 0.14% | 00.0% | Unchanged |
| Resolute Partners Group | 3,020 | $357.4K | 0.10% | +3,020 | New |
| Institute for Wealth Management, LLC. | 2,980 | $352.7K | 0.05% | 00.0% | Unchanged |
| Keystone Investors Pte Ltd | 2,900 | $343.2K | 0.05% | −34,905−92.3% | Reduced |
| Alpha Family Trust | 2,815 | $333.2K | 0.19% | +2,815 | New |
| PDS Planning, Inc | 2,784 | $329.5K | 0.03% | +363+15.0% | Added |
| Ballentine Partners, LLC | 2,712 | $321.0K | 0.01% | +296+12.3% | Added |
| DRW Securities, LLC | 2,684 | $317.7K | 0.03% | +2,684 | New |
| Sagespring Wealth Partners, LLC | 2,585 | $305.9K | 0.01% | +2,585 | New |
| Range Financial Group LLC | 2,573 | $304.5K | 0.14% | +264+11.4% | Added |
| Lido Advisors, LLC | 2,518 | $298.0K | 0.00% | +2,518 | New |
| Aspen Grove Capital, LLC | 2,518 | $298.0K | 0.06% | +2,518 | New |
| Bridgefront Capital, LLC | 2,514 | $297.5K | 0.09% | +281+12.6% | Added |
| Central Asset Investments & Management Holdings (HK) Ltd | 2,500 | $295.9K | 0.50% | −1,000−28.6% | Reduced |
| Prospect Financial Services LLC | 2,439 | $288.7K | 0.16% | +2,439 | New |
| Tuttle Tactical Management | 2,427 | $287.2K | 1.26% | +2,427 | New |
| Capstone Investment Advisors, LLC | 2,355 | $278.7K | 0.00% | −56,230−96.0% | Reduced |
| Aaron Wealth Advisors | 2,311 | $273.5K | 0.03% | +2,311 | New |
| CTC LLC | 2,281 | $270.0K | 0.04% | −502−18.0% | Reduced |
| Focus Financial Network, Inc. | 2,279 | $269.7K | 0.01% | +136+6.3% | Added |
| Advisors Preferred, LLC | 2,169 | $265.0K | 0.04% | +1,916+757.3% | Added |
| International Assets Investment Management, LLC | 2,205 | $261.0K | 0.02% | −249−10.1% | Reduced |
| Alhambra Investment Partners LLC | 2,200 | $260.4K | 0.13% | 00.0% | Unchanged |
| Ground Swell Capital, LLC | 2,191 | $259.3K | 0.59% | −573−20.7% | Reduced |
| Pekin Hardy Strauss, Inc. | 2,185 | $258.6K | 0.03% | −900−29.2% | Reduced |
| Rehmann Capital Advisory Group | 2,165 | $256.3K | 0.02% | −53−2.4% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 2,096 | $248.0K | 0.00% | −218−9.4% | Reduced |
| Optiver Holding B.V. | 2,042 | $241.7K | 0.01% | +2,042 | New |
| Legacy Capital Group California, Inc. | 2,041 | $241.6K | 0.08% | −31−1.5% | Reduced |
| Ausdal Financial Partners, Inc. | 2,026 | $239.8K | 0.02% | +2,026 | New |
| Congress Wealth Management LLC | 2,005 | $237.3K | 0.00% | +2,005 | New |
| Greenleaf Trust | 2,000 | $236.7K | 0.00% | +2,000 | New |
| Plato Investment Management Ltd | 1,940 | $232.1K | 0.02% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 1,930 | $228.4K | 0.02% | +199+11.5% | Added |
| Avantax Advisory Services, Inc. | 1,905 | $225.5K | 0.00% | +1,905 | New |
| Cresset Asset Management, LLC | 1,895 | $224.3K | 0.00% | +1,895 | New |
| Bridgewater Advisors Inc. | 2,137 | $222.6K | 0.02% | +2,137 | New |
| Prime Capital Investment Advisors, LLC | 1,864 | $220.6K | 0.00% | +1,864 | New |
| Migdal Insurance & Financial Holdings Ltd. | 1,850 | $219.0K | 0.00% | 00.0% | Unchanged |
| Sanibel Captiva Trust Company, Inc. | 1,844 | $218.2K | 0.01% | +1,844 | New |
| Gunderson Capital Management Inc. | 1,843 | $218.1K | 0.14% | +1,843 | New |
| First Affirmative Financial Network | 1,843 | $218.1K | 0.13% | +1,843 | New |
| Resources Investment Advisors, LLC. | 1,725 | $204.2K | 0.00% | +1,725 | New |
| Generali Asset Management SPA SGR | 1,700 | $201.2K | 0.00% | 00.0% | Unchanged |
| Barometer Capital Management Inc. | 1,500 | $177.5K | 0.07% | +325+27.7% | Added |
| Credit Industriel Et Commercial | 1,327 | $157.1K | 0.03% | +1,327 | New |
| Jones Financial Companies LLLP | 1,296 | $156.1K | 0.00% | +81+6.7% | Added |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | 1,199 | $141.9K | 0.07% | +129+12.1% | Added |
| CIBC Private Wealth Group, LLC | 1,347 | $126.6K | 0.00% | +26+2.0% | Added |