Skip to main content

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.

Institutional holdersQ1 2026: 568 institutions
Q1 2021: 442 institutionsQ2 2021: 415 institutionsQ3 2021: 396 institutionsQ4 2021: 362 institutionsQ1 2022: 353 institutionsQ2 2022: 394 institutionsQ3 2022: 411 institutionsQ4 2022: 451 institutionsQ1 2023: 468 institutionsQ2 2023: 452 institutionsQ3 2023: 473 institutionsQ4 2023: 584 institutionsQ1 2024: 577 institutionsQ2 2024: 646 institutionsQ3 2024: 602 institutionsQ4 2024: 587 institutionsQ1 2025: 584 institutionsQ2 2025: 537 institutionsQ3 2025: 560 institutionsQ4 2025: 574 institutionsQ1 2026: 568 institutionsQ2 2026: 508 institutions
Value heldQ1 2026: $43.4B
Q1 2021: $31.9BQ2 2021: $31.8BQ3 2021: $24.7BQ4 2021: $15.7BQ1 2022: $11.0BQ2 2022: $17.7BQ3 2022: $19.2BQ4 2022: $26.5BQ1 2023: $25.9BQ2 2023: $23.2BQ3 2023: $35.8BQ4 2023: $55.8BQ1 2024: $44.2BQ2 2024: $57.6BQ3 2024: $55.8BQ4 2024: $39.5BQ1 2025: $49.1BQ2 2025: $42.9BQ3 2025: $53.9BQ4 2025: $49.6BQ1 2026: $43.4BQ2 2026: $32.9B
Institutions holding PDD and their total value by quarter
QuarterHoldersValue
Q2 2026508$32.9B
Q1 2026568$43.4B
Q4 2025574$49.6B
Q3 2025560$53.9B
Q2 2025537$42.9B
Q1 2025584$49.1B
Q4 2024587$39.5B
Q3 2024602$55.8B
Q2 2024646$57.6B
Q1 2024577$44.2B
Q4 2023584$55.8B
Q3 2023473$35.8B
Q2 2023452$23.2B
Q1 2023468$25.9B
Q4 2022451$26.5B
Q3 2022411$19.2B
Q2 2022394$17.7B
Q1 2022353$11.0B
Q4 2021362$15.7B
Q3 2021396$24.7B
Q2 2021415$31.8B
Q1 2021442$31.9B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2025.

Institutions holding PDD in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Titan Investment Solutions Ltd8,839$903.2K0.12%+8,839New
STRS Ohio9,018$921.5K0.00%−32,877−78.5%Reduced
Oddo BHF Asset Management SAS9,100$929.8K0.04%+4,500+97.8%Added
CI Private Wealth, LLC9,201$933.5K0.00%+761+9.0%Added
Clough Capital Partners L P9,155$935.5K0.09%+705+8.3%Added
Legacy Capital Group California, Inc.9,423$962.8K0.37%+6,331+204.8%Added
Sequoia Financial Advisors, LLC9,512$971.9K0.01%+3,667+62.7%Added
Texas Yale Capital Corp.9,528$973.6K0.03%−2,200−18.8%Reduced
Quadrant Capital Group LLC9,588$979.7K0.03%−11,609−54.8%Reduced
NLB Skladi, upravljanje premozenja, d.o.o.9,686$989.7K0.05%−6,663−40.8%Reduced
SummitTX Capital, L.P.9,842$1.01M0.03%+5,314+117.4%Added
Moon Capital Management LP9,868$1.01M0.61%+9,868New
Capstone Investment Advisors, LLC9,986$1.02M0.01%+3,310+49.6%Added
Veritas Asset Management LLP10,020$1.02M0.02%−12,486−55.5%Reduced
Aaron Wealth Advisors10,089$1.03M0.06%+6,127+154.6%Added
Advisors Preferred, LLC10,230$1.05M0.16%+6,794+197.7%Added
Pathstone Holdings, LLC10,414$1.06M0.00%−360−3.3%Reduced
Atomi Financial Group, Inc.10,701$1.09M0.03%+1,582+17.3%Added
D. E. Shaw & Co., Inc.10,940$1.12M0.00%+10,940New
ICICI Prudential Asset Management Co Ltd11,069$1.13M0.14%+350+3.3%Added
Main Management ETF Advisors, LLC11,087$1.13M0.04%+11,087New
one8zero8, LLC11,250$1.15M0.26%+8,950+389.1%Added
Colony Group, LLC11,311$1.16M0.00%−2,575−18.5%Reduced
Bracebridge Capital, LLC11,600$1.19M0.21%+2,600+28.9%Added
Sicart Associates LLC11,631$1.19M0.31%00.0%Unchanged
Ieq Capital, LLC11,673$1.19M0.01%+7+0.1%Added
CIBC World Markets Inc.11,710$1.20M0.00%+5,095+77.0%Added
EFG International AG12,036$1.23M0.03%+23+0.2%Added
Ritholtz Wealth Management12,041$1.23M0.02%−1,247−9.4%Reduced
Fullerton Fund Management Co Ltd.12,194$1.25M0.10%+4,015+49.1%Added
Cigna Investments Inc12,260$1.25M0.19%−204−1.6%Reduced
Prelude Capital Management, LLC12,495$1.28M0.10%−5,916−32.1%Reduced
Advisor Group Holdings, Inc.12,631$1.29M0.00%+4,101+48.1%Added
Maytus Capital Management, LLC12,789$1.31M0.23%+12,789New
Private Advisor Group, LLC12,896$1.32M0.01%−723−5.3%Reduced
QRG Capital Management, Inc.12,930$1.32M0.01%+2,325+21.9%Added
Advisory Services Network, LLC13,150$1.34M0.02%−3,301−20.1%Reduced
Banco Santander, S.A.13,430$1.37M0.01%+664+5.2%Added
Polaris Capital Management, LLC13,600$1.39M0.11%+7,900+138.6%Added
Solstein Capital, LLC13,603$1.39M0.57%−630−4.4%Reduced
Wexford Capital LP13,691$1.40M0.23%−16,680−54.9%Reduced
HBK Investments L P13,752$1.41M0.02%+13,752New
Maxi Investments CY Ltd14,308$1.46M0.32%00.0%Unchanged
CMT Capital Markets Trading GmbH14,433$1.48M0.68%−49,075−77.3%Reduced
Persistent Asset Partners Ltd14,732$1.51M0.58%−1,691−10.3%Reduced
Kepler Cheuvreux (Suisse) SA14,882$1.52M0.10%−13,125−46.9%Reduced
Caitong International Asset Management Co., Ltd15,463$1.58M0.29%+15,463New
Laird Norton Trust Company, LLC15,543$1.59M0.03%−309−1.9%Reduced
Henry James International Management, Inc.16,148$1.65M0.60%00.0%Unchanged
Vise Technologies, Inc.15,131$1.72M0.03%00.0%Unchanged
Wahed Invest LLC17,129$1.75M0.23%+2,365+16.0%Added
US Bancorp17,331$1.77M0.00%+11,157+180.7%Added
Capula Management Ltd17,584$1.80M0.02%−16,858−48.9%Reduced
Farther Finance Advisors, LLC17,698$1.80M0.02%+4,170+30.8%Added
JustInvest LLC18,195$1.86M0.02%+507+2.9%Added
Yousif Capital Management, LLC18,501$1.89M0.02%00.0%Unchanged
Quadrature Capital Ltd18,571$1.90M0.02%−31,639−63.0%Reduced
NewEdge Wealth, LLC19,003$1.94M0.02%+3,420+21.9%Added
Empowered Funds, LLC19,105$1.95M0.01%+19,105New
RWC Asset Advisors (US) LLC19,727$2.02M0.43%−4,313−17.9%Reduced
Horizon Investments, LLC19,834$2.03M0.02%−883−4.3%Reduced
Natixis19,966$2.04M0.01%+12,507+167.7%Added
Maniro Ltd20,000$2.04M0.62%+1,654+9.0%Added
RBF Capital, LLC20,000$2.04M0.10%+20,000New
Intech Investment Management LLC20,140$2.06M0.02%−3,083−13.3%Reduced
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund20,200$2.06M0.04%+20,200New
Cerity Partners LLC20,350$2.08M0.00%+1,503+8.0%Added
Qtron Investments LLC20,446$2.09M0.28%−927−4.3%Reduced
Ping Capital Management, Inc.20,500$2.09M0.81%+20,500New
AE Wealth Management LLC20,678$2.11M0.01%+2,778+15.5%Added
Fosun International Ltd21,289$2.18M0.55%+10,251+92.9%Added
Limestone Investment Advisors LP21,679$2.22M1.09%+21,679New
Numerai GP LLC21,728$2.22M0.22%+21,728New
LB Partners LLC22,000$2.25M2.02%+22,000New
GAM Holding AG22,196$2.27M0.20%00.0%Unchanged
Cetera Investment Advisers22,493$2.30M0.00%+11,628+107.0%Added
Pacer Advisors, Inc.22,554$2.31M0.01%−25,934−53.5%Reduced
Hantz Financial Services, Inc.22,821$2.33M0.04%+362+1.6%Added
State of New Jersey Common Pension Fund D22,862$2.34M0.01%−17,508−43.4%Reduced
Vident Advisory, LLC23,838$2.44M0.02%−33,442−58.4%Reduced
Ameritas Investment Partners, Inc.24,147$2.47M0.08%00.0%Unchanged
Mariner, LLC24,913$2.54M0.00%+2,821+12.8%Added
PKO Investment Management Joint-Stock Co25,000$2.55M0.21%00.0%Unchanged
Los Angeles Capital Management LLC25,123$2.57M0.01%+25,123New
Capital International Sarl26,050$2.66M0.04%−1,688−6.1%Reduced
Jump Financial, LLC26,858$2.74M0.04%+23,199+634.0%Added
Jupiter Asset Management Ltd26,973$2.76M0.01%−153,731−85.1%Reduced
Amiral Gestion27,000$2.76M1.53%−1,000−3.6%Reduced
Edmond de Rothschild Holding S.A.27,163$2.78M0.04%−10,000−26.9%Reduced
Stelac Advisory Services LLC27,445$2.80M0.57%+27,445New
Ssa Swiss Advisors AG27,445$2.81M1.30%00.0%Unchanged
Norinchukin Bank, The27,661$2.83M0.03%+2,344+9.3%Added
SIH Partners, LLLP27,686$2.83M0.09%+27,686New
Nipun Capital, L.P.28,000$2.86M1.42%00.0%Unchanged
DRW Securities, LLC28,189$2.88M0.16%+20,490+266.1%Added
Envestnet Asset Management Inc28,292$2.89M0.00%+14,898+111.2%Added
Turn8 Private Wealth Inc.28,946$2.96M1.85%+4,500+18.4%Added
Parametrica Management Ltd29,230$2.99M3.39%00.0%Unchanged
Alps Advisors Inc30,225$3.09M0.01%+1,192+4.1%Added
Marathon Trading Investment Management LLC30,637$3.13M0.93%−32,349−51.4%Reduced