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, Q3 2025
Institutional positions in PDD Holdings Inc. as of Sep 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
- 560
- +29 vs. Q2 2025
- Shares held
- 408.5M
- +11.3M (+2.8%) vs. Q2 2025
- Total value
- $53.9B
- +$12.4B (+29.8%) vs. Q2 2025
- New holders
- 93
- 220 more added
- Sold out
- 64
- 177 more reduced
6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Y.D. More Investments Ltd | 179 | $71 | 0.00% | +179 | New |
| Avenir Tech Ltd | 1 | $132 | 0.00% | −21,999−100.0% | Reduced |
| GPS Wealth Strategies Group, LLC | 1 | $132 | 0.00% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 1 | $134 | 0.00% | −40−97.6% | Reduced |
| Logan Capital Management Inc | 3 | $397 | 0.00% | 00.0% | Unchanged |
| TD Private Client Wealth LLC | 3 | $397 | 0.00% | 00.0% | Unchanged |
| Rossby Financial, LCC | 3 | $403 | 0.00% | +3 | New |
| Frazier Financial Advisors, LLC | 4 | $529 | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 4 | $529 | 0.00% | +4 | New |
| Geneos Wealth Management Inc. | 5 | $661 | 0.00% | −22−81.5% | Reduced |
| Asset Dedication, LLC | 5 | $661 | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 6 | $788 | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 6 | $793 | 0.00% | −24−80.0% | Reduced |
| Harbour Investments, Inc. | 6 | $793 | 0.00% | 00.0% | Unchanged |
| Golden State Wealth Management, LLC | 6 | $793 | 0.00% | 00.0% | Unchanged |
| Beaird Harris Wealth Management, LLC | 6 | $794 | 0.00% | −3−33.3% | Reduced |
| Abound Wealth Management | 6 | $794 | 0.00% | 00.0% | Unchanged |
| Hazlett, Burt & Watson, Inc. | 10 | $1.00K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 8 | $1.06K | 0.00% | 00.0% | Unchanged |
| SWAN Capital LLC | 8 | $1.06K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 10 | $1.32K | 0.00% | +10 | New |
| Raffa Wealth Management, LLC | 12 | $1.59K | 0.00% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 16 | $2.12K | 0.00% | 00.0% | Unchanged |
| Archer Investment Corp | 17 | $2.25K | 0.00% | 00.0% | Unchanged |
| Bogart Wealth, LLC | 17 | $2.25K | 0.00% | +17 | New |
| Spire Wealth Management | 21 | $2.78K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 21 | $2.78K | 0.00% | +21 | New |
| True Wealth Design, LLC | 22 | $2.91K | 0.00% | +22 | New |
| Avion Wealth | 25 | $3.00K | 0.00% | 00.0% | Unchanged |
| Clean Yield Group | 26 | $3.44K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 27 | $3.57K | 0.00% | +27 | New |
| Parkside Financial Bank & Trust | 35 | $4.63K | 0.00% | 00.0% | Unchanged |
| New Age Alpha Advisors, LLC | 35 | $4.63K | 0.00% | +35 | New |
| Root Financial Partners, LLC | 36 | $4.76K | 0.00% | +36 | New |
| GAMMA Investing LLC | 40 | $5.29K | 0.00% | 00.0% | Unchanged |
| Crewe Advisors LLC | 46 | $6.08K | 0.00% | +46 | New |
| Highline Wealth Partners LLC | 51 | $6.74K | 0.00% | +20+64.5% | Added |
| IFP Advisors, Inc | 56 | $7.40K | 0.00% | −272−82.9% | Reduced |
| UMA Financial Services, Inc. | 56 | $7.40K | 0.00% | +4+7.7% | Added |
| Bell Investment Advisors, Inc | 67 | $8.86K | 0.00% | −23−25.6% | Reduced |
| WealthCollab, LLC | 73 | $9.65K | 0.00% | 00.0% | Unchanged |
| Murphy & Mullick Capital Management Corp | 74 | $9.78K | 0.01% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 81 | $10.7K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 85 | $11.0K | 0.00% | 00.0% | Unchanged |
| Key Financial Inc | 82 | $11.0K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 85 | $11.2K | 0.00% | −925−91.6% | Reduced |
| Ramirez Asset Management, Inc. | 90 | $11.9K | 0.00% | 00.0% | Unchanged |
| Compagnie Lombard Odier SCmA | 100 | $13.2K | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 103 | $13.6K | 0.00% | +103 | New |
| Bessemer Group Inc | 106 | $14.0K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 109 | $14.4K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 110 | $14.5K | 0.00% | +27+32.5% | Added |
| Creative Financial Designs Inc | 112 | $14.8K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 114 | $14.9K | 0.00% | +106+1,325.0% | Added |
| Umb Bank N A | 170 | $22.5K | 0.00% | −28−14.1% | Reduced |
| Atlantic Union Bankshares Corp | 200 | $26.4K | 0.00% | 00.0% | Unchanged |
| Principal Securities, Inc. | 208 | $27.5K | 0.00% | +139+201.4% | Added |
| Wealthspire Advisors, LLC | 219 | $28.9K | 0.00% | +219 | New |
| Ameritas Advisory Services, LLC | 250 | $33.0K | 0.00% | −14−5.3% | Reduced |
| Future Financial Wealth Managment LLC | 250 | $33.0K | 0.02% | 00.0% | Unchanged |
| Allworth Financial LP | 256 | $33.9K | 0.00% | +73+39.9% | Added |
| Binnacle Investments Inc | 271 | $35.8K | 0.02% | +200+281.7% | Added |
| Nisa Investment Advisors, LLC | 300 | $39.7K | 0.00% | −100−25.0% | Reduced |
| Bayforest Capital Ltd | 305 | $40.3K | 0.02% | −2,874−90.4% | Reduced |
| Catalyst Capital Advisors LLC | 327 | $43.2K | 0.00% | −160−32.9% | Reduced |
| Wexford Capital LP | 331 | $43.8K | 0.01% | +331 | New |
| Larson Financial Group LLC | 402 | $53.1K | 0.00% | +353+720.4% | Added |
| Assetmark, Inc | 402 | $53.2K | 0.00% | +305+314.4% | Added |
| Groupe la Francaise | 500 | $55.6K | 0.00% | −1,700−77.3% | Reduced |
| Global Retirement Partners, LLC | 442 | $58.4K | 0.00% | +302+215.7% | Added |
| Westside Investment Management, Inc. | 448 | $60.1K | 0.01% | +199+79.9% | Added |
| Huntington National Bank | 473 | $62.5K | 0.00% | +55+13.2% | Added |
| Goldstream Capital Management Ltd | 533 | $70.4K | 0.02% | −225−29.7% | Reduced |
| Accent Capital Management, LLC | 650 | $85.9K | 0.04% | 00.0% | Unchanged |
| Bank Julius Baer & Co. Ltd, Zurich | 676 | $89.3K | 0.00% | +4+0.6% | Added |
| Generali Investments CEE, investicni spolecnost, a.s. | 786 | $103.9K | 0.01% | −114−12.7% | Reduced |
| Steward Partners Investment Advisory, LLC | 858 | $113.4K | 0.00% | −80−8.5% | Reduced |
| CWM, LLC | 885 | $117.0K | 0.00% | −46−4.9% | Reduced |
| Advisors Preferred, LLC | 940 | $126.3K | 0.02% | +940 | New |
| EMC Capital Management | 1,000 | $132.0K | 0.06% | +500+100.0% | Added |
| Stephens Consulting, LLC | 1,000 | $132.2K | 0.05% | 00.0% | Unchanged |
| Capula Management Ltd | 1,000 | $132.2K | 0.00% | +1,000 | New |
| CIBC Private Wealth Group, LLC | 1,092 | $144.3K | 0.00% | −244−18.3% | Reduced |
| SRS Capital Advisors, Inc. | 1,195 | $157.9K | 0.00% | +1,059+778.7% | Added |
| Jones Financial Companies LLLP | 1,309 | $170.2K | 0.00% | −50−3.7% | Reduced |
| Wolverine Asset Management LLC | 1,288 | $170.2K | 0.00% | +442+52.2% | Added |
| Activest Wealth Management | 1,314 | $173.7K | 0.04% | +477+57.0% | Added |
| BNP Paribas | 1,500 | $198.3K | 0.01% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 1,516 | $200.4K | 0.01% | +1,516 | New |
| Fortis Capital Management LLC | 1,536 | $203.0K | 0.03% | +1,536 | New |
| Sanctuary Advisors, LLC | 1,542 | $203.8K | 0.00% | −6,915−81.8% | Reduced |
| AQR Capital Management LLC | 1,548 | $206.1K | 0.00% | −878,869−99.8% | Reduced |
| Migdal Insurance & Financial Holdings Ltd. | 1,590 | $209.0K | 0.00% | −260−14.1% | Reduced |
| MN Wealth Advisors, LLC | 1,605 | $212.1K | 0.11% | +1,605 | New |
| Lido Advisors, LLC | 1,638 | $216.6K | 0.00% | −995−37.8% | Reduced |
| Resonant Capital Advisors, LLC | 1,685 | $222.7K | 0.01% | +1,685 | New |
| Chung Wu Investment Group, LLC | 1,800 | $237.9K | 0.20% | +1,800 | New |
| EverSource Wealth Advisors, LLC | 1,832 | $242.1K | 0.01% | +170+10.2% | Added |
| Prime Capital Investment Advisors, LLC | 1,835 | $242.5K | 0.00% | +1,835 | New |
| Plato Investment Management Ltd | 1,940 | $254.5K | 0.02% | 00.0% | Unchanged |