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 |
|---|---|---|---|---|---|
| Cambridge Investment Research Advisors, Inc. | 1,928 | $255.0K | 0.00% | +1,928 | New |
| MML Investors Services, LLC | 1,952 | $258.0K | 0.00% | +1,952 | New |
| Resources Investment Advisors, LLC. | 1,989 | $262.9K | 0.00% | −54−2.6% | Reduced |
| Greenleaf Trust | 2,023 | $267.4K | 0.00% | 00.0% | Unchanged |
| Agf Management Ltd | 2,030 | $268.3K | 0.00% | +2,030 | New |
| Rehmann Capital Advisory Group | 2,116 | $279.7K | 0.02% | −379−15.2% | Reduced |
| Independent Financial Group, LLC | 2,129 | $281.4K | 0.01% | −1,251−37.0% | Reduced |
| Accuvest Global Advisors | 2,140 | $283.0K | 0.18% | −103−4.6% | Reduced |
| Alhambra Investment Partners LLC | 2,200 | $290.8K | 0.14% | 00.0% | Unchanged |
| Bank of Nova Scotia | 2,235 | $295.5K | 0.00% | −8,403−79.0% | Reduced |
| Evergreen Capital Management LLC | 2,267 | $299.6K | 0.01% | +2,267 | New |
| Focus Financial Network, Inc. | 2,298 | $303.7K | 0.01% | −78−3.3% | Reduced |
| Arista Wealth Management, LLC | 2,300 | $304.0K | 0.04% | +2,300 | New |
| International Assets Investment Management, LLC | 2,905 | $306.4K | 0.02% | 00.0% | Unchanged |
| Allegheny Financial Group LTD | 2,352 | $310.9K | 0.06% | +321+15.8% | Added |
| First Affirmative Financial Network | 2,362 | $312.1K | 0.15% | +231+10.8% | Added |
| Sustainable Insight Capital Management, LLC | 2,438 | $322.2K | 0.10% | +2,438 | New |
| Ethic Inc. | 2,477 | $327.4K | 0.01% | +2,477 | New |
| Blair William & Co | 2,491 | $329.3K | 0.00% | +2,491 | New |
| Bridgewater Advisors Inc. | 2,421 | $331.0K | 0.02% | +54+2.3% | Added |
| Savant Capital, LLC | 2,629 | $347.5K | 0.00% | +135+5.4% | Added |
| SBI Securities Co., Ltd. | 2,730 | $360.8K | 0.01% | −1,599−36.9% | Reduced |
| IFG Advisory, LLC | 2,737 | $361.8K | 0.02% | +2,737 | New |
| Ballentine Partners, LLC | 2,768 | $365.8K | 0.01% | +36+1.3% | Added |
| Lester Murray Antman dba SimplyRich | 2,805 | $370.0K | 0.10% | 00.0% | Unchanged |
| Oddo BHF Asset Management SAS | 2,800 | $370.1K | 0.01% | +1,800+180.0% | Added |
| Alpha Family Trust | 2,815 | $372.1K | 0.17% | 00.0% | Unchanged |
| Victory Financial Group, LLC | 2,815 | $372.1K | 0.05% | +2,815 | New |
| Aaron Wealth Advisors | 2,819 | $372.6K | 0.02% | −156−5.2% | Reduced |
| PDS Planning, Inc | 2,932 | $387.5K | 0.03% | +425+17.0% | Added |
| Morningstar Investment Management LLC | 3,034 | $401.0K | 0.01% | −11,037−78.4% | Reduced |
| Pitcairn Co | 3,070 | $405.8K | 0.03% | −1,001−24.6% | Reduced |
| Parallel Advisors, LLC | 3,130 | $413.7K | 0.01% | +542+20.9% | Added |
| CIBC World Markets Inc. | 3,137 | $414.6K | 0.00% | −4,326−58.0% | Reduced |
| Capstone Investment Advisors, LLC | 3,175 | $419.6K | 0.00% | −959−23.2% | Reduced |
| Apollon Wealth Management, LLC | 3,250 | $429.6K | 0.01% | −324−9.1% | Reduced |
| Insigneo Advisory Services, LLC | 3,460 | $457.3K | 0.03% | +3,460 | New |
| Banco Bilbao Vizcaya Argentaria, S.A. | 3,433 | $458.5K | 0.00% | −3,387−49.7% | Reduced |
| Range Financial Group LLC | 3,489 | $461.1K | 0.17% | +116+3.4% | Added |
| Fifth Third Bancorp | 3,498 | $462.3K | 0.00% | −118−3.3% | Reduced |
| Sagespring Wealth Partners, LLC | 3,645 | $481.8K | 0.01% | +714+24.4% | Added |
| Two Sigma Securities, LLC | 3,695 | $488.4K | 0.07% | −3,989−51.9% | Reduced |
| Banque Cantonale Vaudoise | 3,761 | $497.0K | 0.02% | +1,193+46.5% | Added |
| Credit Industriel Et Commercial | 3,852 | $509.1K | 0.08% | −2,294−37.3% | Reduced |
| Lavaca Capital LLC | 3,958 | $523.1K | 0.09% | 00.0% | Unchanged |
| Frank, Rimerman Advisors LLC | 3,978 | $525.8K | 0.03% | +1,567+65.0% | Added |
| ING Groep NV | 3,991 | $527.5K | 0.00% | −10,617−72.7% | Reduced |
| Dynamic Technology Lab Private Ltd | 3,997 | $528.0K | 0.09% | +3,997 | New |
| Robertson Stephens Wealth Management, LLC | 4,000 | $528.7K | 0.02% | 00.0% | Unchanged |
| West Family Investments, Inc. | 4,026 | $532.1K | 0.12% | +110+2.8% | Added |
| Commerce Bank | 4,027 | $532.2K | 0.00% | −6−0.1% | Reduced |
| Checchi Capital Advisers, LLC | 4,045 | $534.6K | 0.04% | −86−2.1% | Reduced |
| Eisler Capital Management Ltd. | 4,071 | $537.0K | 0.01% | −22,446−84.6% | Reduced |
| Ronald Blue Trust, Inc. | 4,094 | $541.1K | 0.01% | +274+7.2% | Added |
| Advisors Asset Management, Inc. | 4,207 | $556.0K | 0.01% | −968−18.7% | Reduced |
| Flossbach Von Storch AG | 4,245 | $561.1K | 0.00% | +4,245 | New |
| Keel Point, LLC | 4,275 | $565.0K | 0.03% | +10+0.2% | Added |
| May Hill Capital, LLC | 4,357 | $575.9K | 0.17% | +1,909+78.0% | Added |
| Axq Capital, LP | 4,497 | $594.4K | 0.23% | +1,085+31.8% | Added |
| National Philanthropic Trust | 4,526 | $598.2K | 0.01% | +4,526 | New |
| Cardiff Park Advisors, LLC | 4,556 | $602.2K | 0.05% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 4,566 | $603.0K | 0.05% | +1,342+41.6% | Added |
| Johnson Investment Counsel Inc | 4,644 | $613.8K | 0.01% | −1,455−23.9% | Reduced |
| Merit Financial Group, LLC | 4,694 | $620.4K | 0.01% | +49+1.1% | Added |
| Commonwealth Equity Services, LLC | 4,717 | $623.0K | 0.00% | −993−17.4% | Reduced |
| QVT Financial LP | 4,728 | $624.9K | 0.07% | +4,728 | New |
| Mercer Global Advisors Inc | 4,780 | $631.8K | 0.00% | −768−13.8% | Reduced |
| Bailard, Inc. | 5,000 | $660.9K | 0.01% | 00.0% | Unchanged |
| CAPROCK Group, Inc. | 5,603 | $673.6K | 0.02% | +5,603 | New |
| 111 Capital | 5,393 | $712.8K | 0.14% | +193+3.7% | Added |
| GWM Advisors LLC | 5,425 | $717.0K | 0.00% | −5,076−48.3% | Reduced |
| Commons Capital, LLC | 5,600 | $740.2K | 0.50% | 00.0% | Unchanged |
| Skopos Labs, Inc. | 7,490 | $787.4K | 0.11% | +14+0.2% | Added |
| US Bancorp | 6,067 | $801.9K | 0.00% | −2,507−29.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 6,250 | $826.1K | 0.03% | −1,731−21.7% | Reduced |
| RWC Asset Management LLP | 6,390 | $844.6K | 0.04% | +6,390 | New |
| Tuttle Tactical Management | 6,428 | $849.6K | 3.22% | +6,428 | New |
| Sequoia Financial Advisors, LLC | 6,531 | $863.2K | 0.01% | +1,653+33.9% | Added |
| The PNC Financial Services Group, Inc. | 6,597 | $872.0K | 0.00% | +1,625+32.7% | Added |
| STF Management LP | 6,697 | $885.1K | 0.33% | −10−0.1% | Reduced |
| Oberweis Asset Management Inc | 7,000 | $925.2K | 0.04% | 00.0% | Unchanged |
| Omers Administration Corp | 7,077 | $935.4K | 0.01% | +7,077 | New |
| Pathway Capital Management, LP | 7,197 | $951.2K | 4.68% | +7,197 | New |
| Allianz SE | 7,446 | $984.1K | 0.02% | −7,828−51.3% | Reduced |
| Bayesian Capital Management, LP | 7,500 | $991.3K | 0.20% | +7,500 | New |
| BOCHK Asset Management Ltd | 7,500 | $991.3K | 0.26% | +7,500 | New |
| Edgestream Partners, L.P. | 7,565 | $999.9K | 0.03% | +2,599+52.3% | Added |
| ABN AMRO Bank N.V. | 7,738 | $1.02M | 0.01% | +7,738 | New |
| Rockefeller Capital Management L.P. | 7,893 | $1.04M | 0.00% | +7,893 | New |
| Tairen Capital Ltd | 8,000 | $1.06M | 0.11% | −89,800−91.8% | Reduced |
| Paradiem, LLC | 8,078 | $1.07M | 0.25% | +8,078 | New |
| Hershey Trust Co | 8,123 | $1.07M | 0.01% | +8,123 | New |
| Comprehensive Financial Management LLC | 8,143 | $1.08M | 0.03% | −4,982−38.0% | Reduced |
| Signaturefd, LLC | 8,293 | $1.10M | 0.02% | +308+3.9% | Added |
| Sava Infond d.o.o. | 8,300 | $1.10M | 0.16% | +2,200+36.1% | Added |
| Atomi Financial Group, Inc. | 8,336 | $1.10M | 0.04% | +2,949+54.7% | Added |
| CI Private Wealth, LLC | 8,365 | $1.11M | 0.00% | +475+6.0% | Added |
| Global Endowment Management, LP | 8,457 | $1.12M | 0.14% | −3,880−31.5% | Reduced |
| Pinebridge Investments, L.P. | 8,830 | $1.17M | 0.01% | +2,000+29.3% | Added |
| Tower Research Capital LLC (TRC) | 8,916 | $1.18M | 0.03% | +2,282+34.4% | Added |