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, Q1 2026
Institutional positions in PDD Holdings Inc. as of Mar 31, 2026. 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
- 568
- +7 vs. Q4 2025
- Shares held
- 425.4M
- +29.8M (+7.5%) vs. Q4 2025
- Total value
- $43.4B
- −$1.42B (−3.2%) vs. Q4 2025
- New holders
- 79
- 224 more added
- Sold out
- 72
- 192 more reduced
13 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| ClearAlpha Technologies LP | 2,394 | $244.6K | 0.50% | +2,394 | New |
| Allegheny Financial Group LTD | 2,395 | $244.7K | 0.03% | −17−0.7% | Reduced |
| LGT Group Foundation | 2,400 | $245.2K | 0.00% | +2,400 | New |
| Resonant Capital Advisors, LLC | 2,483 | $253.7K | 0.01% | +2,483 | New |
| Cambridge Investment Research Advisors, Inc. | 2,574 | $263.0K | 0.00% | −4,711−64.7% | Reduced |
| Ethic Inc. | 2,642 | $270.0K | 0.00% | +56+2.2% | Added |
| BIT Capital GmbH | 2,689 | $274.8K | 0.02% | −2,667−49.8% | Reduced |
| SBI Securities Co., Ltd. | 2,698 | $275.7K | 0.01% | +26+1.0% | Added |
| Nolet Wealth Management, LLC | 2,762 | $282.2K | 0.16% | +2,762 | New |
| Lester Murray Antman dba SimplyRich | 2,805 | $286.0K | 0.07% | 00.0% | Unchanged |
| Lavaca Capital LLC | 2,809 | $287.0K | 0.05% | −380−11.9% | Reduced |
| Alpha Family Trust | 2,815 | $287.6K | 0.14% | 00.0% | Unchanged |
| Apollon Wealth Management, LLC | 2,855 | $291.7K | 0.00% | −764−21.1% | Reduced |
| Capital Markets Trading UK LLP | 2,884 | $295.0K | 0.27% | −366−11.3% | Reduced |
| Oakum Bay Capital LLC | 2,900 | $296.3K | 0.16% | +1,000+52.6% | Added |
| Arta Finance Wealth Management LLC | 2,970 | $303.5K | 0.15% | +79+2.7% | Added |
| Mercer Global Advisors Inc | 3,004 | $307.0K | 0.00% | −1,150−27.7% | Reduced |
| West Family Investments, Inc. | 3,034 | $310.0K | 0.11% | −110−3.5% | Reduced |
| Oxford Asset Management LLP | 3,131 | $319.9K | 0.13% | +3,131 | New |
| Scientech Research LLC | 3,136 | $320.4K | 0.27% | +69+2.2% | Added |
| Fideuram Asset Management (Ireland) dac | 3,198 | $331.7K | 0.04% | −86,022−96.4% | Reduced |
| Keel Point, LLC | 3,364 | $343.7K | 0.02% | −148−4.2% | Reduced |
| Ronald Blue Trust, Inc. | 3,410 | $348.4K | 0.00% | −91−2.6% | Reduced |
| Raymond James Financial Inc | 3,503 | $357.9K | 0.00% | −37,444−91.4% | Reduced |
| Ballentine Partners, LLC | 3,552 | $362.9K | 0.01% | +374+11.8% | Added |
| Insigneo Advisory Services, LLC | 3,593 | $367.1K | 0.03% | −115−3.1% | Reduced |
| Range Financial Group LLC | 3,596 | $367.4K | 0.12% | −24−0.7% | Reduced |
| Sagespring Wealth Partners, LLC | 3,606 | $368.4K | 0.01% | +149+4.3% | Added |
| Wealthfront Advisers LLC | 3,609 | $368.8K | 0.00% | +127+3.6% | Added |
| First Affirmative Financial Network | 3,695 | $377.5K | 0.15% | +3,695 | New |
| Sanctuary Advisors, LLC | 3,698 | $377.9K | 0.00% | +3,698 | New |
| PDS Planning, Inc | 3,726 | $380.7K | 0.03% | +846+29.4% | Added |
| Checchi Capital Advisers, LLC | 3,816 | $389.9K | 0.03% | −26−0.7% | Reduced |
| Johnson Investment Counsel Inc | 3,918 | $400.3K | 0.00% | −726−15.6% | Reduced |
| Sustainable Insight Capital Management, LLC | 3,938 | $402.4K | 0.14% | +1,000+34.0% | Added |
| Mizuho Markets Americas LLC | 3,943 | $402.9K | 0.01% | +3,943 | New |
| Q Fund Management (Hong Kong) Ltd | 4,000 | $408.7K | 0.98% | +1,500+60.0% | Added |
| Robertson Stephens Wealth Management, LLC | 4,005 | $409.2K | 0.01% | +5+0.1% | Added |
| Frec Markets, Inc. | 4,037 | $412.5K | 0.07% | +1,105+37.7% | Added |
| Commerce Bank | 4,091 | $418.0K | 0.00% | +66+1.6% | Added |
| Institute for Wealth Management, LLC. | 4,092 | $418.1K | 0.04% | +4,092 | New |
| Commonwealth Equity Services, LLC | 4,182 | $427.4K | 0.00% | +269+6.9% | Added |
| Fifth Third Bancorp | 4,223 | $431.5K | 0.00% | +574+15.7% | Added |
| Genus Capital Management Inc. | 4,295 | $438.9K | 0.05% | +500+13.2% | Added |
| Jones Financial Companies LLLP | 4,553 | $454.4K | 0.00% | +2,721+148.5% | Added |
| Baader Bank INC | 4,670 | $458.3K | 0.05% | +1,597+52.0% | Added |
| Parallel Advisors, LLC | 4,523 | $462.2K | 0.01% | +1,413+45.4% | Added |
| National Philanthropic Trust | 4,526 | $462.5K | 0.00% | 00.0% | Unchanged |
| Cardiff Park Advisors, LLC | 4,556 | $465.5K | 0.04% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 4,588 | $468.8K | 0.01% | +1,020+28.6% | Added |
| GWM Advisors LLC | 4,677 | $477.9K | 0.00% | +134+2.9% | Added |
| Captrust Financial Advisors | 4,684 | $478.6K | 0.00% | +4,684 | New |
| Osmosis Investment Management UK Ltd | 4,735 | $483.8K | 0.01% | −838−15.0% | Reduced |
| Oaktree Capital Management LPSuperinvestorOaktree Capital | 4,823 | $492.8K | 0.01% | +4,823 | New |
| Savant Capital, LLC | 4,865 | $497.1K | 0.00% | +2,049+72.8% | Added |
| TCW Group Inc | 4,881 | $498.7K | 0.00% | 00.0% | Unchanged |
| Caxton Associates LLP | 5,000 | $510.9K | 0.01% | +5,000 | New |
| Bailard, Inc. | 5,007 | $511.6K | 0.01% | +7+0.1% | Added |
| May Hill Capital, LLC | 5,157 | $526.9K | 0.13% | +1,548+42.9% | Added |
| Merit Financial Group, LLC | 5,377 | $549.4K | 0.00% | −1,559−22.5% | Reduced |
| Quantbot Technologies LP | 5,441 | $556.0K | 0.02% | −1,332−19.7% | Reduced |
| Raiffeisen Bank International AG | 5,687 | $559.7K | 0.01% | +5,687 | New |
| Howard Capital Management Inc. | 5,526 | $564.6K | 0.01% | −8,508−60.6% | Reduced |
| CIBC Bancorp USA Inc. | 5,570 | $569.1K | 0.00% | +5,570 | New |
| Sava Infond d.o.o. | 5,600 | $572.2K | 0.08% | −3,800−40.4% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 5,656 | $577.9K | 0.02% | −846−13.0% | Reduced |
| Northwest & Ethical Investments L.P. | 5,680 | $580.4K | 0.01% | +5,680 | New |
| Banco Bilbao Vizcaya Argentaria, S.A. | 5,929 | $591.4K | 0.00% | +1,182+24.9% | Added |
| 111 Capital | 5,839 | $596.6K | 0.15% | −179−3.0% | Reduced |
| Banque Cantonale Vaudoise | 6,064 | $620.0K | 0.02% | +399+7.0% | Added |
| Flossbach Von Storch AG | 6,081 | $621.4K | 0.00% | +416+7.3% | Added |
| Alberta Investment Management Corp | 6,100 | $623.3K | 0.00% | −5,200−46.0% | Reduced |
| Compagnie Lombard Odier SCmA | 6,200 | $633.5K | 0.01% | +4,950+396.0% | Added |
| M&T Bank Corp | 6,305 | $644.2K | 0.00% | −12,655−66.7% | Reduced |
| Frank, Rimerman Advisors LLC | 6,360 | $649.9K | 0.04% | +2,353+58.7% | Added |
| Global Endowment Management, LP | 6,358 | $650.0K | 0.07% | 00.0% | Unchanged |
| LGT Fund Management Co Ltd. | 6,417 | $655.7K | 0.03% | +6,417 | New |
| ING Groep NV | 6,578 | $672.1K | 0.00% | +2,691+69.2% | Added |
| Nine Masts Capital Ltd | 6,586 | $673.0K | 0.10% | 00.0% | Unchanged |
| Axq Capital, LP | 6,703 | $684.9K | 0.09% | +6,703 | New |
| Penserra Capital Management LLC | 6,726 | $687.0K | 0.01% | −783−10.4% | Reduced |
| Toronto Dominion Bank | 6,755 | $690.2K | 0.00% | −4,470−39.8% | Reduced |
| The PNC Financial Services Group, Inc. | 6,894 | $704.4K | 0.00% | +683+11.0% | Added |
| HighVista Strategies LLC | 6,900 | $705.0K | 0.19% | +6,900 | New |
| Alphadyne Asset Management LP | 6,949 | $710.0K | 0.09% | +6,949 | New |
| Paradiem, LLC | 6,979 | $713.1K | 0.16% | −1,080−13.4% | Reduced |
| Fairtree Asset Management (Pty) Ltd | 7,169 | $732.5K | 0.34% | −3,040−29.8% | Reduced |
| Pinebridge Investments Asia Ltd | 7,200 | $735.7K | 0.32% | −1,630−18.5% | Reduced |
| Balyasny Asset Management LLC | 7,209 | $736.6K | 0.00% | −328,224−97.9% | Reduced |
| Boothbay Fund Management, LLC | 7,302 | $746.1K | 0.02% | −8,779−54.6% | Reduced |
| ABN AMRO Bank N.V. | 7,293 | $748.6K | 0.01% | 00.0% | Unchanged |
| Caption Management, LLC | 7,500 | $766.4K | 0.04% | +7,500 | New |
| Bridgefront Capital, LLC | 7,613 | $777.9K | 0.19% | +7,613 | New |
| Rockefeller Capital Management L.P. | 7,700 | $786.8K | 0.00% | +2,131+38.3% | Added |
| State of Wisconsin Investment Board | 8,062 | $823.8K | 0.00% | +314+4.1% | Added |
| HighTower Advisors, LLC | 8,174 | $835.1K | 0.00% | −312−3.7% | Reduced |
| Abn Amro Investment Solutions | 8,300 | $848.1K | 0.01% | +2,000+31.7% | Added |
| Signaturefd, LLC | 8,548 | $873.4K | 0.01% | +597+7.5% | Added |
| State of Wyoming | 8,660 | $884.9K | 0.10% | −620−6.7% | Reduced |
| Intercapital, LLC | 8,800 | $899.2K | 0.50% | −3,100−26.1% | Reduced |