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 |
|---|---|---|---|---|---|
| Woodline Partners LP | 21,204 | $2.80M | 0.01% | +21,204 | New |
| Campbell & CO Investment Adviser LLC | 21,108 | $2.79M | 0.21% | +21,108 | New |
| Vident Advisory, LLC | 21,037 | $2.78M | 0.03% | +10,229+94.6% | Added |
| Intech Investment Management LLC | 20,230 | $2.67M | 0.02% | +2,255+12.5% | Added |
| Cerity Partners LLC | 20,221 | $2.67M | 0.00% | +525+2.7% | Added |
| Los Angeles Capital Management LLC | 19,721 | $2.61M | 0.01% | −24,691−55.6% | Reduced |
| Jump Financial, LLC | 19,685 | $2.60M | 0.03% | −22,430−53.3% | Reduced |
| Parametrica Management Ltd | 19,230 | $2.54M | 3.94% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 18,835 | $2.49M | 0.00% | −1,724−8.4% | Reduced |
| Boston Partners | 18,697 | $2.47M | 0.00% | +18,697 | New |
| Yousif Capital Management, LLC | 18,501 | $2.45M | 0.03% | 00.0% | Unchanged |
| Clough Capital Partners L P | 18,150 | $2.40M | 0.21% | −59,920−76.8% | Reduced |
| Maytus Capital Management, LLC | 18,000 | $2.38M | 0.51% | −16,500−47.8% | Reduced |
| Investment House LLC | 17,913 | $2.37M | 0.11% | +17,913 | New |
| JustInvest LLC | 17,909 | $2.37M | 0.02% | +2,376+15.3% | Added |
| HAP Trading, LLC | 17,792 | $2.35M | 0.65% | +17,792 | New |
| Alberta Investment Management Corp | 17,300 | $2.29M | 0.02% | −57,700−76.9% | Reduced |
| Nipun Capital, L.P. | 16,900 | $2.28M | 1.44% | −9,100−35.0% | Reduced |
| Headlands Technologies LLC | 16,890 | $2.23M | 0.18% | +16,890 | New |
| Henry James International Management, Inc. | 16,178 | $2.14M | 0.65% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 16,034 | $2.12M | 0.01% | −631−3.8% | Reduced |
| NewEdge Wealth, LLC | 15,048 | $2.05M | 0.03% | +1,194+8.6% | Added |
| Advisory Services Network, LLC | 15,458 | $2.04M | 0.03% | +102+0.7% | Added |
| Texas Yale Capital Corp. | 15,363 | $2.03M | 0.06% | +15,363 | New |
| Vise Technologies, Inc. | 15,222 | $2.01M | 0.07% | +3,238+27.0% | Added |
| PKO Investment Management Joint-Stock Co | 15,000 | $1.98M | 0.17% | +15,000 | New |
| Man Group plc | 14,781 | $1.95M | 0.00% | −54,769−78.7% | Reduced |
| Solstein Capital, LLC | 14,699 | $1.94M | 0.89% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 14,628 | $1.93M | 0.00% | +681+4.9% | Added |
| Fairtree Asset Management (Pty) Ltd | 14,439 | $1.91M | 1.25% | −16,729−53.7% | Reduced |
| Johns Hopkins University | 14,088 | $1.86M | 0.10% | +14,088 | New |
| Wahed Invest LLC | 13,812 | $1.83M | 0.25% | +1,941+16.4% | Added |
| Colony Group, LLC | 13,744 | $1.82M | 0.00% | +2,066+17.7% | Added |
| Howard Capital Management Inc. | 13,639 | $1.80M | 0.02% | −158−1.1% | Reduced |
| Northwest & Ethical Investments L.P. | 13,166 | $1.74M | 0.04% | +1,590+13.7% | Added |
| Banco Santander, S.A. | 13,059 | $1.73M | 0.02% | −2,023−13.4% | Reduced |
| State of Wisconsin Investment Board | 13,037 | $1.72M | 0.00% | +1,641+14.4% | Added |
| HighTower Advisors, LLC | 12,924 | $1.71M | 0.00% | −1,665−11.4% | Reduced |
| Horizon Investments, LLC | 12,768 | $1.69M | 0.02% | +783+6.5% | Added |
| Cigna Investments Inc | 12,683 | $1.68M | 0.24% | +442+3.6% | Added |
| united american securities inc. (d/b/a uas asset management) | 12,500 | $1.65M | 0.35% | +12,500 | New |
| Ieq Capital, LLC | 12,496 | $1.65M | 0.01% | +6,070+94.5% | Added |
| Ritholtz Wealth Management | 12,331 | $1.63M | 0.03% | +1,002+8.8% | Added |
| AE Wealth Management LLC | 12,105 | $1.60M | 0.01% | +3,892+47.4% | Added |
| Newlands Management Operations LLC | 12,050 | $1.59M | 0.01% | +6,612+121.6% | Added |
| Allspring Global Investments Holdings, LLC | 11,605 | $1.56M | 0.00% | −856−6.9% | Reduced |
| Boothbay Fund Management, LLC | 11,651 | $1.54M | 0.04% | +4,349+59.6% | Added |
| Farther Finance Advisors, LLC | 11,479 | $1.52M | 0.02% | −174−1.5% | Reduced |
| Cetera Investment Advisers | 11,065 | $1.46M | 0.00% | +3,227+41.2% | Added |
| QRG Capital Management, Inc. | 10,827 | $1.43M | 0.02% | −3,292−23.3% | Reduced |
| Sicart Associates LLC | 10,700 | $1.41M | 0.38% | 00.0% | Unchanged |
| Wetherby Asset Management Inc | 10,622 | $1.40M | 0.06% | +22+0.2% | Added |
| Pathstone Holdings, LLC | 10,454 | $1.38M | 0.01% | +599+6.1% | Added |
| Advisor Group Holdings, Inc. | 10,736 | $1.36M | 0.00% | −971−8.3% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 10,257 | $1.36M | 0.14% | +1,886+22.5% | Added |
| Prelude Capital Management, LLC | 9,850 | $1.30M | 0.10% | +9,850 | New |
| State of Wyoming | 9,620 | $1.27M | 0.14% | +9,620 | New |
| Penserra Capital Management LLC | 9,571 | $1.26M | 0.02% | −506−5.0% | Reduced |
| RD Finance Ltd | 9,328 | $1.23M | 1.32% | −22−0.2% | Reduced |
| Hudson Bay Capital Management LP | 9,186 | $1.21M | 0.01% | −14−0.2% | Reduced |
| Tower Research Capital LLC (TRC) | 8,916 | $1.18M | 0.03% | +2,282+34.4% | Added |
| Pinebridge Investments, L.P. | 8,830 | $1.17M | 0.01% | +2,000+29.3% | Added |
| Global Endowment Management, LP | 8,457 | $1.12M | 0.14% | −3,880−31.5% | Reduced |
| CI Private Wealth, LLC | 8,365 | $1.11M | 0.00% | +475+6.0% | Added |
| Atomi Financial Group, Inc. | 8,336 | $1.10M | 0.04% | +2,949+54.7% | Added |
| Sava Infond d.o.o. | 8,300 | $1.10M | 0.16% | +2,200+36.1% | Added |
| Signaturefd, LLC | 8,293 | $1.10M | 0.02% | +308+3.9% | Added |
| Comprehensive Financial Management LLC | 8,143 | $1.08M | 0.03% | −4,982−38.0% | Reduced |
| Hershey Trust Co | 8,123 | $1.07M | 0.01% | +8,123 | New |
| Paradiem, LLC | 8,078 | $1.07M | 0.25% | +8,078 | New |
| Tairen Capital Ltd | 8,000 | $1.06M | 0.11% | −89,800−91.8% | Reduced |
| Rockefeller Capital Management L.P. | 7,893 | $1.04M | 0.00% | +7,893 | New |
| ABN AMRO Bank N.V. | 7,738 | $1.02M | 0.01% | +7,738 | New |
| Edgestream Partners, L.P. | 7,565 | $999.9K | 0.03% | +2,599+52.3% | Added |
| 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 |
| Allianz SE | 7,446 | $984.1K | 0.02% | −7,828−51.3% | Reduced |
| Pathway Capital Management, LP | 7,197 | $951.2K | 4.68% | +7,197 | New |
| Omers Administration Corp | 7,077 | $935.4K | 0.01% | +7,077 | New |
| Oberweis Asset Management Inc | 7,000 | $925.2K | 0.04% | 00.0% | Unchanged |
| STF Management LP | 6,697 | $885.1K | 0.33% | −10−0.1% | Reduced |
| The PNC Financial Services Group, Inc. | 6,597 | $872.0K | 0.00% | +1,625+32.7% | Added |
| Sequoia Financial Advisors, LLC | 6,531 | $863.2K | 0.01% | +1,653+33.9% | Added |
| Tuttle Tactical Management | 6,428 | $849.6K | 3.22% | +6,428 | New |
| RWC Asset Management LLP | 6,390 | $844.6K | 0.04% | +6,390 | New |
| Hennion & Walsh Asset Management, Inc. | 6,250 | $826.1K | 0.03% | −1,731−21.7% | Reduced |
| US Bancorp | 6,067 | $801.9K | 0.00% | −2,507−29.2% | Reduced |
| Skopos Labs, Inc. | 7,490 | $787.4K | 0.11% | +14+0.2% | Added |
| Commons Capital, LLC | 5,600 | $740.2K | 0.50% | 00.0% | Unchanged |
| GWM Advisors LLC | 5,425 | $717.0K | 0.00% | −5,076−48.3% | Reduced |
| 111 Capital | 5,393 | $712.8K | 0.14% | +193+3.7% | Added |
| CAPROCK Group, Inc. | 5,603 | $673.6K | 0.02% | +5,603 | New |
| Bailard, Inc. | 5,000 | $660.9K | 0.01% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 4,780 | $631.8K | 0.00% | −768−13.8% | Reduced |
| QVT Financial LP | 4,728 | $624.9K | 0.07% | +4,728 | New |
| Commonwealth Equity Services, LLC | 4,717 | $623.0K | 0.00% | −993−17.4% | Reduced |
| Merit Financial Group, LLC | 4,694 | $620.4K | 0.01% | +49+1.1% | Added |
| Johnson Investment Counsel Inc | 4,644 | $613.8K | 0.01% | −1,455−23.9% | Reduced |
| Gsa Capital Partners LLP | 4,566 | $603.0K | 0.05% | +1,342+41.6% | Added |
| Cardiff Park Advisors, LLC | 4,556 | $602.2K | 0.05% | 00.0% | Unchanged |