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 |
|---|---|---|---|---|---|
| National Philanthropic Trust | 4,526 | $598.2K | 0.01% | +4,526 | New |
| Axq Capital, LP | 4,497 | $594.4K | 0.23% | +1,085+31.8% | Added |
| May Hill Capital, LLC | 4,357 | $575.9K | 0.17% | +1,909+78.0% | Added |
| Keel Point, LLC | 4,275 | $565.0K | 0.03% | +10+0.2% | Added |
| Flossbach Von Storch AG | 4,245 | $561.1K | 0.00% | +4,245 | New |
| Advisors Asset Management, Inc. | 4,207 | $556.0K | 0.01% | −968−18.7% | Reduced |
| Ronald Blue Trust, Inc. | 4,094 | $541.1K | 0.01% | +274+7.2% | Added |
| Eisler Capital Management Ltd. | 4,071 | $537.0K | 0.01% | −22,446−84.6% | Reduced |
| Checchi Capital Advisers, LLC | 4,045 | $534.6K | 0.04% | −86−2.1% | Reduced |
| Commerce Bank | 4,027 | $532.2K | 0.00% | −6−0.1% | Reduced |
| West Family Investments, Inc. | 4,026 | $532.1K | 0.12% | +110+2.8% | Added |
| Robertson Stephens Wealth Management, LLC | 4,000 | $528.7K | 0.02% | 00.0% | Unchanged |
| Dynamic Technology Lab Private Ltd | 3,997 | $528.0K | 0.09% | +3,997 | New |
| ING Groep NV | 3,991 | $527.5K | 0.00% | −10,617−72.7% | Reduced |
| Frank, Rimerman Advisors LLC | 3,978 | $525.8K | 0.03% | +1,567+65.0% | Added |
| Lavaca Capital LLC | 3,958 | $523.1K | 0.09% | 00.0% | Unchanged |
| Credit Industriel Et Commercial | 3,852 | $509.1K | 0.08% | −2,294−37.3% | Reduced |
| Banque Cantonale Vaudoise | 3,761 | $497.0K | 0.02% | +1,193+46.5% | Added |
| Two Sigma Securities, LLC | 3,695 | $488.4K | 0.07% | −3,989−51.9% | Reduced |
| Sagespring Wealth Partners, LLC | 3,645 | $481.8K | 0.01% | +714+24.4% | Added |
| Fifth Third Bancorp | 3,498 | $462.3K | 0.00% | −118−3.3% | Reduced |
| Range Financial Group LLC | 3,489 | $461.1K | 0.17% | +116+3.4% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 3,433 | $458.5K | 0.00% | −3,387−49.7% | Reduced |
| Insigneo Advisory Services, LLC | 3,460 | $457.3K | 0.03% | +3,460 | New |
| Apollon Wealth Management, LLC | 3,250 | $429.6K | 0.01% | −324−9.1% | Reduced |
| Capstone Investment Advisors, LLC | 3,175 | $419.6K | 0.00% | −959−23.2% | Reduced |
| CIBC World Markets Inc. | 3,137 | $414.6K | 0.00% | −4,326−58.0% | Reduced |
| Parallel Advisors, LLC | 3,130 | $413.7K | 0.01% | +542+20.9% | Added |
| Pitcairn Co | 3,070 | $405.8K | 0.03% | −1,001−24.6% | Reduced |
| Morningstar Investment Management LLC | 3,034 | $401.0K | 0.01% | −11,037−78.4% | Reduced |
| PDS Planning, Inc | 2,932 | $387.5K | 0.03% | +425+17.0% | Added |
| Aaron Wealth Advisors | 2,819 | $372.6K | 0.02% | −156−5.2% | Reduced |
| 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 |
| Oddo BHF Asset Management SAS | 2,800 | $370.1K | 0.01% | +1,800+180.0% | Added |
| Lester Murray Antman dba SimplyRich | 2,805 | $370.0K | 0.10% | 00.0% | Unchanged |
| Ballentine Partners, LLC | 2,768 | $365.8K | 0.01% | +36+1.3% | Added |
| IFG Advisory, LLC | 2,737 | $361.8K | 0.02% | +2,737 | New |
| SBI Securities Co., Ltd. | 2,730 | $360.8K | 0.01% | −1,599−36.9% | Reduced |
| Savant Capital, LLC | 2,629 | $347.5K | 0.00% | +135+5.4% | Added |
| Bridgewater Advisors Inc. | 2,421 | $331.0K | 0.02% | +54+2.3% | Added |
| Blair William & Co | 2,491 | $329.3K | 0.00% | +2,491 | New |
| Ethic Inc. | 2,477 | $327.4K | 0.01% | +2,477 | New |
| Sustainable Insight Capital Management, LLC | 2,438 | $322.2K | 0.10% | +2,438 | New |
| First Affirmative Financial Network | 2,362 | $312.1K | 0.15% | +231+10.8% | Added |
| Allegheny Financial Group LTD | 2,352 | $310.9K | 0.06% | +321+15.8% | Added |
| International Assets Investment Management, LLC | 2,905 | $306.4K | 0.02% | 00.0% | Unchanged |
| Arista Wealth Management, LLC | 2,300 | $304.0K | 0.04% | +2,300 | New |
| Focus Financial Network, Inc. | 2,298 | $303.7K | 0.01% | −78−3.3% | Reduced |
| Evergreen Capital Management LLC | 2,267 | $299.6K | 0.01% | +2,267 | New |
| Bank of Nova Scotia | 2,235 | $295.5K | 0.00% | −8,403−79.0% | Reduced |
| Alhambra Investment Partners LLC | 2,200 | $290.8K | 0.14% | 00.0% | Unchanged |
| Accuvest Global Advisors | 2,140 | $283.0K | 0.18% | −103−4.6% | Reduced |
| Independent Financial Group, LLC | 2,129 | $281.4K | 0.01% | −1,251−37.0% | Reduced |
| Rehmann Capital Advisory Group | 2,116 | $279.7K | 0.02% | −379−15.2% | Reduced |
| Agf Management Ltd | 2,030 | $268.3K | 0.00% | +2,030 | New |
| Greenleaf Trust | 2,023 | $267.4K | 0.00% | 00.0% | Unchanged |
| Resources Investment Advisors, LLC. | 1,989 | $262.9K | 0.00% | −54−2.6% | Reduced |
| MML Investors Services, LLC | 1,952 | $258.0K | 0.00% | +1,952 | New |
| Cambridge Investment Research Advisors, Inc. | 1,928 | $255.0K | 0.00% | +1,928 | New |
| Plato Investment Management Ltd | 1,940 | $254.5K | 0.02% | 00.0% | Unchanged |
| Prime Capital Investment Advisors, LLC | 1,835 | $242.5K | 0.00% | +1,835 | New |
| EverSource Wealth Advisors, LLC | 1,832 | $242.1K | 0.01% | +170+10.2% | Added |
| Chung Wu Investment Group, LLC | 1,800 | $237.9K | 0.20% | +1,800 | New |
| Resonant Capital Advisors, LLC | 1,685 | $222.7K | 0.01% | +1,685 | New |
| Lido Advisors, LLC | 1,638 | $216.6K | 0.00% | −995−37.8% | Reduced |
| MN Wealth Advisors, LLC | 1,605 | $212.1K | 0.11% | +1,605 | New |
| Migdal Insurance & Financial Holdings Ltd. | 1,590 | $209.0K | 0.00% | −260−14.1% | Reduced |
| AQR Capital Management LLC | 1,548 | $206.1K | 0.00% | −878,869−99.8% | Reduced |
| Sanctuary Advisors, LLC | 1,542 | $203.8K | 0.00% | −6,915−81.8% | Reduced |
| Fortis Capital Management LLC | 1,536 | $203.0K | 0.03% | +1,536 | New |
| U.S. Capital Wealth Advisors, LLC | 1,516 | $200.4K | 0.01% | +1,516 | New |
| BNP Paribas | 1,500 | $198.3K | 0.01% | 00.0% | Unchanged |
| Activest Wealth Management | 1,314 | $173.7K | 0.04% | +477+57.0% | Added |
| Wolverine Asset Management LLC | 1,288 | $170.2K | 0.00% | +442+52.2% | Added |
| Jones Financial Companies LLLP | 1,309 | $170.2K | 0.00% | −50−3.7% | Reduced |
| SRS Capital Advisors, Inc. | 1,195 | $157.9K | 0.00% | +1,059+778.7% | Added |
| CIBC Private Wealth Group, LLC | 1,092 | $144.3K | 0.00% | −244−18.3% | Reduced |
| Stephens Consulting, LLC | 1,000 | $132.2K | 0.05% | 00.0% | Unchanged |
| Capula Management Ltd | 1,000 | $132.2K | 0.00% | +1,000 | New |
| EMC Capital Management | 1,000 | $132.0K | 0.06% | +500+100.0% | Added |
| Advisors Preferred, LLC | 940 | $126.3K | 0.02% | +940 | New |
| CWM, LLC | 885 | $117.0K | 0.00% | −46−4.9% | Reduced |
| Steward Partners Investment Advisory, LLC | 858 | $113.4K | 0.00% | −80−8.5% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 786 | $103.9K | 0.01% | −114−12.7% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 676 | $89.3K | 0.00% | +4+0.6% | Added |
| Accent Capital Management, LLC | 650 | $85.9K | 0.04% | 00.0% | Unchanged |
| Goldstream Capital Management Ltd | 533 | $70.4K | 0.02% | −225−29.7% | Reduced |
| Huntington National Bank | 473 | $62.5K | 0.00% | +55+13.2% | Added |
| Westside Investment Management, Inc. | 448 | $60.1K | 0.01% | +199+79.9% | Added |
| Global Retirement Partners, LLC | 442 | $58.4K | 0.00% | +302+215.7% | Added |
| Groupe la Francaise | 500 | $55.6K | 0.00% | −1,700−77.3% | Reduced |
| Assetmark, Inc | 402 | $53.2K | 0.00% | +305+314.4% | Added |
| Larson Financial Group LLC | 402 | $53.1K | 0.00% | +353+720.4% | Added |
| Wexford Capital LP | 331 | $43.8K | 0.01% | +331 | New |
| Catalyst Capital Advisors LLC | 327 | $43.2K | 0.00% | −160−32.9% | Reduced |
| Bayforest Capital Ltd | 305 | $40.3K | 0.02% | −2,874−90.4% | Reduced |
| Nisa Investment Advisors, LLC | 300 | $39.7K | 0.00% | −100−25.0% | Reduced |
| Binnacle Investments Inc | 271 | $35.8K | 0.02% | +200+281.7% | Added |
| Allworth Financial LP | 256 | $33.9K | 0.00% | +73+39.9% | Added |