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, Q2 2025
Institutional positions in PDD Holdings Inc. as of Jun 30, 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
- 537
- −39 vs. Q1 2025
- Shares held
- 409.8M
- −45.3M (−10.0%) vs. Q1 2025
- Total value
- $42.9B
- −$6.06B (−12.4%) vs. Q1 2025
- New holders
- 74
- 201 more added
- Sold out
- 113
- 201 more reduced
8 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sowell Financial Services LLC | 2,260 | $236.5K | 0.01% | +2,260 | New |
| Avantax Advisory Services, Inc. | 2,289 | $239.6K | 0.00% | +384+20.2% | Added |
| Barometer Capital Management Inc. | 2,300 | $240.7K | 0.07% | +800+53.3% | Added |
| Hamilton Capital, LLC | 2,313 | $242.1K | 0.01% | +2,313 | New |
| Net Worth Advisory Group | 2,354 | $246.3K | 0.05% | +2,354 | New |
| Focus Financial Network, Inc. | 2,376 | $248.7K | 0.01% | +97+4.3% | Added |
| Frank, Rimerman Advisors LLC | 2,411 | $252.3K | 0.02% | +2,411 | New |
| May Hill Capital, LLC | 2,448 | $256.2K | 0.08% | −1,831−42.8% | Reduced |
| Savant Capital, LLC | 2,494 | $261.0K | 0.00% | +2,494 | New |
| Rehmann Capital Advisory Group | 2,495 | $261.1K | 0.02% | +330+15.2% | Added |
| PDS Planning, Inc | 2,507 | $262.4K | 0.02% | −277−9.9% | Reduced |
| Aspen Grove Capital, LLC | 2,517 | $263.4K | 0.04% | −10.0% | Reduced |
| Banque Cantonale Vaudoise | 2,568 | $269.0K | 0.01% | −16,980−86.9% | Reduced |
| Groupe la Francaise | 2,200 | $270.0K | 0.00% | +2,200 | New |
| Parallel Advisors, LLC | 2,588 | $270.8K | 0.01% | −1,227−32.2% | Reduced |
| Bridgewater Advisors Inc. | 2,367 | $273.2K | 0.02% | +230+10.8% | Added |
| Lido Advisors, LLC | 2,633 | $275.6K | 0.00% | +115+4.6% | Added |
| Principal Street Partners, LLC | 2,648 | $277.1K | 0.03% | +2,648 | New |
| Caption Management, LLC | 2,700 | $282.6K | 0.03% | −7,909−74.5% | Reduced |
| Ballentine Partners, LLC | 2,732 | $285.9K | 0.00% | +20+0.7% | Added |
| Lester Murray Antman dba SimplyRich | 2,805 | $293.0K | 0.08% | −1,615−36.5% | Reduced |
| Alpha Family Trust | 2,815 | $294.6K | 0.15% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 2,905 | $304.0K | 0.02% | +700+31.7% | Added |
| Sagespring Wealth Partners, LLC | 2,931 | $306.8K | 0.01% | +346+13.4% | Added |
| Aaron Wealth Advisors | 2,975 | $311.4K | 0.03% | +664+28.7% | Added |
| Institute for Wealth Management, LLC. | 2,980 | $311.9K | 0.03% | 00.0% | Unchanged |
| Bayforest Capital Ltd | 3,179 | $332.7K | 0.15% | +3,179 | New |
| Gsa Capital Partners LLP | 3,224 | $337.0K | 0.02% | −4,362−57.5% | Reduced |
| Marathon Trading Investment Management LLC | 3,291 | $344.4K | 0.21% | −200−5.7% | Reduced |
| Range Financial Group LLC | 3,373 | $353.0K | 0.14% | +800+31.1% | Added |
| Independent Financial Group, LLC | 3,380 | $353.8K | 0.01% | −700−17.2% | Reduced |
| Axq Capital, LP | 3,412 | $357.1K | 0.12% | +3,412 | New |
| LGT Group Foundation | 3,500 | $366.3K | 0.00% | −8,879−71.7% | Reduced |
| Apollon Wealth Management, LLC | 3,574 | $374.1K | 0.01% | +536+17.6% | Added |
| Fifth Third Bancorp | 3,616 | $378.5K | 0.00% | +42+1.2% | Added |
| Equitable Holdings, Inc. | 3,725 | $389.9K | 0.00% | +3,725 | New |
| Ronald Blue Trust, Inc. | 3,820 | $399.8K | 0.00% | +736+23.9% | Added |
| West Family Investments, Inc. | 3,916 | $409.8K | 0.11% | +882+29.1% | Added |
| Lavaca Capital LLC | 3,958 | $414.2K | 0.17% | +3,189+414.7% | Added |
| Tounjian Advisory Partners, LLC | 3,502 | $414.5K | 0.08% | −52−1.5% | Reduced |
| Luxor Capital Group, LP | 4,000 | $418.6K | 0.05% | −168,570−97.7% | Reduced |
| Robertson Stephens Wealth Management, LLC | 4,000 | $418.6K | 0.01% | 00.0% | Unchanged |
| Commerce Bank | 4,033 | $422.1K | 0.00% | +5+0.1% | Added |
| Pitcairn Co | 4,071 | $426.1K | 0.03% | −488−10.7% | Reduced |
| Hantz Financial Services, Inc. | 4,114 | $429.0K | 0.01% | +3,635+758.9% | Added |
| Checchi Capital Advisers, LLC | 4,131 | $432.4K | 0.03% | +280+7.3% | Added |
| Capstone Investment Advisors, LLC | 4,134 | $432.7K | 0.00% | +1,779+75.5% | Added |
| Keel Point, LLC | 4,265 | $446.4K | 0.03% | +4,265 | New |
| SBI Securities Co., Ltd. | 4,329 | $453.1K | 0.01% | +495+12.9% | Added |
| Cardiff Park Advisors, LLC | 4,556 | $476.8K | 0.04% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 4,645 | $486.1K | 0.01% | +134+3.0% | Added |
| Sequoia Financial Advisors, LLC | 4,878 | $510.5K | 0.00% | −172−3.4% | Reduced |
| Edgestream Partners, L.P. | 4,966 | $519.7K | 0.01% | +4,966 | New |
| The PNC Financial Services Group, Inc. | 4,972 | $520.4K | 0.00% | +869+21.2% | Added |
| WT Asset Management Ltd | 5,000 | $523.3K | 0.04% | −434,250−98.9% | Reduced |
| Bailard, Inc. | 5,000 | $523.3K | 0.01% | −2,000−28.6% | Reduced |
| Advisors Asset Management, Inc. | 5,175 | $541.6K | 0.01% | −104−2.0% | Reduced |
| 111 Capital | 5,200 | $544.2K | 0.09% | −20−0.4% | Reduced |
| Atomi Financial Group, Inc. | 5,387 | $563.8K | 0.02% | −2,664−33.1% | Reduced |
| Newlands Management Operations LLC | 5,438 | $569.1K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 5,548 | $580.7K | 0.00% | −757−12.0% | Reduced |
| Commons Capital, LLC | 5,600 | $586.1K | 0.45% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 5,710 | $598.0K | 0.00% | −13,873−70.8% | Reduced |
| Royal Fund Management, LLC | 5,835 | $610.7K | 0.07% | −200−3.3% | Reduced |
| StepStone Group LP | 7,032 | $625.8K | 1.24% | +7,032 | New |
| Mangrove Partners | 6,064 | $634.7K | 0.07% | +6,064 | New |
| Johnson Investment Counsel Inc | 6,099 | $638.3K | 0.01% | 00.0% | Unchanged |
| Sava Infond d.o.o. | 6,100 | $638.4K | 0.10% | −1,200−16.4% | Reduced |
| Credit Industriel Et Commercial | 6,146 | $643.2K | 0.10% | +4,819+363.1% | Added |
| Turn8 Private Wealth Inc. | 24,421 | $658.1K | 0.48% | +24,421 | New |
| Ieq Capital, LLC | 6,426 | $672.5K | 0.00% | −593−8.4% | Reduced |
| DRW Securities, LLC | 6,541 | $688.2K | 0.05% | +3,857+143.7% | Added |
| Tower Research Capital LLC (TRC) | 6,634 | $694.3K | 0.02% | −4,179−38.6% | Reduced |
| STF Management LP | 6,707 | $702.0K | 0.28% | +336+5.3% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 6,820 | $703.6K | 0.01% | −1,826−21.1% | Reduced |
| Kovitz Investment Group Partners, LLC | 6,791 | $710.7K | 0.00% | +1,006+17.4% | Added |
| Pinebridge Investments, L.P. | 6,830 | $714.8K | 0.01% | −146,503−95.5% | Reduced |
| Flow Traders U.S. LLC | 6,988 | $731.0K | 0.03% | +6,988 | New |
| Oberweis Asset Management Inc | 7,000 | $732.6K | 0.03% | −2,000−22.2% | Reduced |
| Boothbay Fund Management, LLC | 7,302 | $764.2K | 0.02% | −4,883−40.1% | Reduced |
| CIBC World Markets Inc. | 7,463 | $781.1K | 0.00% | +3,173+74.0% | Added |
| Skopos Labs, Inc. | 7,476 | $782.3K | 0.10% | +788+11.8% | Added |
| Two Sigma Securities, LLC | 7,684 | $804.2K | 0.10% | +7,684 | New |
| Cetera Investment Advisers | 7,838 | $820.3K | 0.00% | −3,239−29.2% | Reduced |
| CI Private Wealth, LLC | 7,890 | $825.8K | 0.00% | −102−1.3% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 7,981 | $835.3K | 0.03% | −87−1.1% | Reduced |
| Signaturefd, LLC | 7,985 | $835.7K | 0.01% | −972−10.9% | Reduced |
| SIH Partners, LLLP | 8,204 | $858.6K | 0.08% | −28,509−77.7% | Reduced |
| AE Wealth Management LLC | 8,213 | $859.6K | 0.01% | +2,004+32.3% | Added |
| Dark Forest Capital Management LP | 8,305 | $869.2K | 0.03% | +8,305 | New |
| ICICI Prudential Asset Management Co Ltd | 8,371 | $876.1K | 0.11% | −196−2.3% | Reduced |
| Sanctuary Advisors, LLC | 8,457 | $885.1K | 0.01% | −6,389−43.0% | Reduced |
| US Bancorp | 8,574 | $897.4K | 0.00% | −1,643−16.1% | Reduced |
| Truist Financial Corp | 8,924 | $934.0K | 0.00% | +84+1.0% | Added |
| Hudson Bay Capital Management LP | 9,200 | $962.9K | 0.01% | −395,940−97.7% | Reduced |
| RD Finance Ltd | 9,350 | $979.0K | 1.28% | 00.0% | Unchanged |
| J. Safra Sarasin Holding AG | 9,693 | $1.01M | 0.02% | −58,008−85.7% | Reduced |
| Maven Securities LTD | 9,784 | $1.02M | 0.27% | +2,561+35.5% | Added |
| Pathstone Holdings, LLC | 9,855 | $1.03M | 0.00% | −4,481−31.3% | Reduced |
| Quadrant Capital Group LLC | 9,868 | $1.03M | 0.04% | +1,746+21.5% | Added |