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 |
|---|---|---|---|---|---|
| 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 |
| Wealthspire Advisors, LLC | 219 | $28.9K | 0.00% | +219 | New |
| Principal Securities, Inc. | 208 | $27.5K | 0.00% | +139+201.4% | Added |
| Atlantic Union Bankshares Corp | 200 | $26.4K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 170 | $22.5K | 0.00% | −28−14.1% | Reduced |
| Smartleaf Asset Management LLC | 114 | $14.9K | 0.00% | +106+1,325.0% | Added |
| Creative Financial Designs Inc | 112 | $14.8K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 110 | $14.5K | 0.00% | +27+32.5% | Added |
| JFS Wealth Advisors, LLC | 109 | $14.4K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 106 | $14.0K | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 103 | $13.6K | 0.00% | +103 | New |
| Compagnie Lombard Odier SCmA | 100 | $13.2K | 0.00% | 00.0% | Unchanged |
| Ramirez Asset Management, Inc. | 90 | $11.9K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 85 | $11.2K | 0.00% | −925−91.6% | Reduced |
| Key Financial Inc | 82 | $11.0K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 85 | $11.0K | 0.00% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 81 | $10.7K | 0.00% | 00.0% | Unchanged |
| Murphy & Mullick Capital Management Corp | 74 | $9.78K | 0.01% | 00.0% | Unchanged |
| WealthCollab, LLC | 73 | $9.65K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 67 | $8.86K | 0.00% | −23−25.6% | Reduced |
| 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 |
| Highline Wealth Partners LLC | 51 | $6.74K | 0.00% | +20+64.5% | Added |
| Crewe Advisors LLC | 46 | $6.08K | 0.00% | +46 | New |
| GAMMA Investing LLC | 40 | $5.29K | 0.00% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 36 | $4.76K | 0.00% | +36 | 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 |
| Quarry LP | 27 | $3.57K | 0.00% | +27 | New |
| Clean Yield Group | 26 | $3.44K | 0.00% | 00.0% | Unchanged |
| Avion Wealth | 25 | $3.00K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 22 | $2.91K | 0.00% | +22 | New |
| JPL Wealth Management, LLC | 21 | $2.78K | 0.00% | +21 | New |
| Spire Wealth Management | 21 | $2.78K | 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 |
| Brown Brothers Harriman & Co | 16 | $2.12K | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 12 | $1.59K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 10 | $1.32K | 0.00% | +10 | New |
| AdvisorNet Financial, Inc | 8 | $1.06K | 0.00% | 00.0% | Unchanged |
| SWAN Capital LLC | 8 | $1.06K | 0.00% | 00.0% | Unchanged |
| Hazlett, Burt & Watson, Inc. | 10 | $1.00K | 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 |
| 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 |
| Sound Income Strategies, LLC | 6 | $788 | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 5 | $661 | 0.00% | −22−81.5% | Reduced |
| Asset Dedication, LLC | 5 | $661 | 0.00% | 00.0% | Unchanged |
| Frazier Financial Advisors, LLC | 4 | $529 | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 4 | $529 | 0.00% | +4 | New |
| Rossby Financial, LCC | 3 | $403 | 0.00% | +3 | New |
| Logan Capital Management Inc | 3 | $397 | 0.00% | 00.0% | Unchanged |
| TD Private Client Wealth LLC | 3 | $397 | 0.00% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 1 | $134 | 0.00% | −40−97.6% | Reduced |
| Avenir Tech Ltd | 1 | $132 | 0.00% | −21,999−100.0% | Reduced |
| GPS Wealth Strategies Group, LLC | 1 | $132 | 0.00% | 00.0% | Unchanged |
| Y.D. More Investments Ltd | 179 | $71 | 0.00% | +179 | New |
| UBS Asset Management Americas Inc | 0 | $0 | 0.00% | −9,239,441−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −1,085,536−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −1,033,350−100.0% | Sold out |
| Alpine Investment Management Ltd | 0 | $0 | 0.00% | −900,000−100.0% | Sold out |
| Yong Rong (HK) Asset Management Ltd | 0 | $0 | 0.00% | −497,900−100.0% | Sold out |
| Think Investments LP | 0 | $0 | 0.00% | −256,200−100.0% | Sold out |
| AXA S.A. | 0 | $0 | 0.00% | −191,012−100.0% | Sold out |
| Public Investment Fund | 0 | $0 | 0.00% | −162,199−100.0% | Sold out |
| Principal Financial Group Inc | 0 | $0 | 0.00% | −107,934−100.0% | Sold out |
| Twenty Acre Capital LP | 0 | $0 | 0.00% | −81,200−100.0% | Sold out |
| Sylebra Capital LLC | 0 | $0 | 0.00% | −64,989−100.0% | Sold out |
| Maxi Investments CY Ltd | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Virginia Retirement Systems Et Al | 0 | $0 | 0.00% | −37,600−100.0% | Sold out |
| Keystone Investors Pte Ltd | 0 | $0 | 0.00% | −31,515−100.0% | Sold out |
| M&T Bank Corp | 0 | $0 | 0.00% | −28,150−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −23,527−100.0% | Sold out |
| Grafton Street Partners Fund, LP | 0 | $0 | 0.00% | −21,705−100.0% | Sold out |
| Kames Capital plc | 0 | $0 | 0.00% | −21,300−100.0% | Sold out |
| Garda Capital Partners LP | 0 | $0 | 0.00% | −17,542−100.0% | Sold out |
| Sig Brokerage, LP | 0 | $0 | 0.00% | −16,675−100.0% | Sold out |
| State of New Jersey Common Pension Fund D | 0 | $0 | 0.00% | −15,813−100.0% | Sold out |
| Kamunting Street Capital Management, L.P. | 0 | $0 | 0.00% | −15,000−100.0% | Sold out |
| Polymer Capital Management (US) LLC | 0 | $0 | 0.00% | −11,800−100.0% | Sold out |
| Anson Funds Management LP | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Maven Securities LTD | 0 | $0 | 0.00% | −9,784−100.0% | Sold out |
| J. Safra Sarasin Holding AG | 0 | $0 | 0.00% | −9,693−100.0% | Sold out |
| Truist Financial Corp | 0 | $0 | 0.00% | −8,924−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −8,305−100.0% | Sold out |
| Flow Traders U.S. LLC | 0 | $0 | 0.00% | −6,988−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −6,791−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −6,541−100.0% | Sold out |
| Mangrove Partners | 0 | $0 | 0.00% | −6,064−100.0% | Sold out |
| StepStone Group LP | 0 | $0 | 0.00% | −7,032−100.0% | Sold out |
| Royal Fund Management, LLC | 0 | $0 | 0.00% | −5,835−100.0% | Sold out |
| Luxor Capital Group, LP | 0 | $0 | 0.00% | −4,000−100.0% | Sold out |
| Tounjian Advisory Partners, LLC | 0 | $0 | 0.00% | −3,502−100.0% | Sold out |
| Equitable Holdings, Inc. | 0 | $0 | 0.00% | −3,725−100.0% | Sold out |
| LGT Group Foundation | 0 | $0 | 0.00% | −3,500−100.0% | Sold out |
| Institute for Wealth Management, LLC. | 0 | $0 | 0.00% | −2,980−100.0% | Sold out |
| Principal Street Partners, LLC | 0 | $0 | 0.00% | −2,648−100.0% | Sold out |