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 |
|---|---|---|---|---|---|
| Verition Fund Management LLC | 31,101 | $3.18M | 0.03% | −696−2.2% | Reduced |
| Northwestern Mutual Wealth Management Co | 31,996 | $3.27M | 0.00% | +14,292+80.7% | Added |
| China Universal Asset Management Co., Ltd. | 32,489 | $3.32M | 0.25% | −7,563−18.9% | Reduced |
| Titan Wealth (CI) Ltd | 33,024 | $3.37M | 1.46% | +33,024 | New |
| Atom Investors LP | 33,616 | $3.43M | 0.25% | +33,616 | New |
| Ensign Peak Advisors, Inc | 34,000 | $3.47M | 0.01% | −2,200−6.1% | Reduced |
| Mawer Investment Management Ltd. | 34,390 | $3.51M | 0.02% | 00.0% | Unchanged |
| Freemont Capital Pte Ltd | 35,000 | $3.58M | 0.07% | 00.0% | Unchanged |
| Havemeyer Place LP | 35,074 | $3.58M | 0.41% | +35,074 | New |
| LPL Financial LLC | 35,139 | $3.59M | 0.00% | −3,692−9.5% | Reduced |
| Van Eck Associates Corp | 36,376 | $3.72M | 0.00% | −184−0.5% | Reduced |
| Varma Mutual Pension Insurance Co | 37,500 | $3.83M | 0.02% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 37,997 | $3.88M | 0.06% | +5,138+15.6% | Added |
| Optimas Capital Ltd | 38,413 | $3.93M | 8.81% | −81,843−68.1% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 39,841 | $4.07M | 0.00% | +4,004+11.2% | Added |
| Capstone Capital Management Ltd | 41,868 | $4.28M | 4.31% | +19,338+85.8% | Added |
| Louisiana State Employees Retirement System | 43,900 | $4.49M | 0.08% | −800−1.8% | Reduced |
| AIA Group Ltd | 45,358 | $4.63M | 0.07% | +9,820+27.6% | Added |
| Tower Research Capital LLC (TRC) | 46,461 | $4.75M | 0.12% | +8,137+21.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 46,847 | $4.79M | 0.04% | +1,002+2.2% | Added |
| B. Metzler seel. Sohn & Co. AG | 47,795 | $4.88M | 0.05% | −10,413−17.9% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 48,419 | $4.95M | 0.09% | +48,419 | New |
| Virtus Family Office LLC | 48,438 | $4.95M | 4.22% | +11,304+30.4% | Added |
| O'Shaughnessy Asset Management, LLC | 48,940 | $5.00M | 0.03% | −4,279−8.0% | Reduced |
| Skopos Labs, Inc. | 49,618 | $5.07M | 0.16% | +17,660+55.3% | Added |
| Yong Rong (HK) Asset Management Ltd | 50,000 | $5.11M | 2.34% | 00.0% | Unchanged |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 50,390 | $5.15M | 1.13% | −14,527−22.4% | Reduced |
| Seldon Capital LP | 50,559 | $5.17M | 1.90% | +2,333+4.8% | Added |
| New York State Common Retirement Fund | 51,300 | $5.24M | 0.01% | −17,934−25.9% | Reduced |
| Saba Capital Management, L.P. | 51,870 | $5.30M | 0.17% | +15,552+42.8% | Added |
| Walleye Capital LLC | 52,497 | $5.36M | 0.03% | −20,719−28.3% | Reduced |
| Squarepoint Ops LLC | 52,676 | $5.38M | 0.01% | +48,766+1,247.2% | Added |
| Yarbrough Capital, LLC | 53,202 | $5.44M | 0.19% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 53,971 | $5.51M | 0.12% | +20,100+59.3% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 54,660 | $5.59M | 0.03% | −3,457−5.9% | Reduced |
| Crake Asset Management LLP | 55,000 | $5.62M | 0.20% | +9,000+19.6% | Added |
| Thrivent Financial for Lutherans | 55,267 | $5.65M | 0.01% | +10,776+24.2% | Added |
| Comgest Global Investors S.A.S. | 55,752 | $5.70M | 0.12% | 00.0% | Unchanged |
| CastleKnight Management LP | 56,700 | $5.79M | 0.27% | 00.0% | Unchanged |
| Capitolis Liquid Global Markets LLC | 57,459 | $5.87M | 0.04% | +57,459 | New |
| Boston Partners | 59,347 | $6.06M | 0.01% | +59,347 | New |
| Prudential Financial Inc | 60,222 | $6.15M | 0.01% | −762−1.2% | Reduced |
| Omers Administration Corp | 61,405 | $6.27M | 0.04% | +33,600+120.8% | Added |
| Bamco Inc | 61,948 | $6.33M | 0.02% | −438−0.7% | Reduced |
| Mediolanum International Funds Ltd | 65,218 | $6.42M | 0.07% | +65,218 | New |
| Rhumbline Advisers | 65,587 | $6.70M | 0.01% | −7,179−9.9% | Reduced |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 65,946 | $6.74M | 1.58% | −559,861−89.5% | Reduced |
| La Banque Postale Asset Management SA | 66,000 | $6.74M | 0.09% | +7,000+11.9% | Added |
| Janney Montgomery Scott LLC | 66,375 | $6.78M | 0.02% | +66,375 | New |
| Macquarie Group Ltd | 66,544 | $6.80M | 0.04% | −33,879−33.7% | Reduced |
| Antipodes Partners Ltd | 66,765 | $6.82M | 0.13% | −31,379−32.0% | Reduced |
| Rakuten Investment Management, Inc. | 71,371 | $7.02M | 0.01% | +8,683+13.9% | Added |
| Quantinno Capital Management LP | 70,160 | $7.17M | 0.01% | +17,451+33.1% | Added |
| Vontobel Holding Ltd. | 70,562 | $7.21M | 0.02% | +29,775+73.0% | Added |
| Alliancebernstein L.P. | 65,067 | $7.38M | 0.00% | −862,727−93.0% | Reduced |
| ABS Direct Equity Fund LLC | 75,800 | $7.49M | 5.72% | +18,270+31.8% | Added |
| TD Asset Management Inc | 73,430 | $7.50M | 0.01% | −13,220−15.3% | Reduced |
| Shelton Capital Management | 74,062 | $7.57M | 0.17% | −2,102−2.8% | Reduced |
| Step Capital Management Pte. Ltd. | 75,000 | $7.66M | 3.08% | 00.0% | Unchanged |
| IFM Investors Pty Ltd | 75,408 | $7.71M | 0.06% | +405+0.5% | Added |
| Federation des caisses Desjardins du Quebec | 76,386 | $7.81M | 0.03% | +26,281+52.5% | Added |
| Brinker Capital Investments, LLC | 78,039 | $7.97M | 0.07% | +438+0.6% | Added |
| Platinum Investment Management Ltd | 78,445 | $8.02M | 2.02% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 80,742 | $8.25M | 0.03% | −43,154−34.8% | Reduced |
| FACT Capital, LP | 81,435 | $8.32M | 5.53% | +8,279+11.3% | Added |
| Profund Advisors LLC | 82,749 | $8.46M | 0.31% | −11,542−12.2% | Reduced |
| Nearwater Capital Markets, Ltd | 83,100 | $8.49M | 0.20% | 00.0% | Unchanged |
| Siren, L.L.C. | 83,401 | $8.52M | 0.24% | +20,000+31.5% | Added |
| Police & Firemen's Retirement System of New Jersey | 83,999 | $8.58M | 0.07% | 00.0% | Unchanged |
| Group One Trading, L.P. | 84,414 | $8.63M | 0.28% | +84,414 | New |
| iA Global Asset Management Inc. | 85,201 | $8.71M | 0.12% | −5,462−6.0% | Reduced |
| Ci Investments Inc. | 88,167 | $9.01M | 0.04% | +79,183+881.4% | Added |
| Creative Planning | 88,702 | $9.06M | 0.01% | +44,093+98.8% | Added |
| DnB Asset Management AS | 89,229 | $9.12M | 0.03% | +22,447+33.6% | Added |
| Toroso Investments, LLC | 90,383 | $9.54M | 0.03% | −6,146−6.4% | Reduced |
| XTX Topco Ltd | 93,767 | $9.58M | 0.17% | +93,767 | New |
| Alpine Investment Management Ltd | 94,336 | $9.64M | 4.68% | −211,862−69.2% | Reduced |
| Parus Finance (UK) Ltd | 94,543 | $9.66M | 2.89% | −17,963−16.0% | Reduced |
| Union Bancaire Privee, UBP SA | 109,760 | $9.81M | 0.18% | +22,531+25.8% | Added |
| Abu Dhabi Investment Council Co P.J.S.C | 94,142 | $10.1M | 1.05% | +94,142 | New |
| Leonteq Securities AG | 99,141 | $10.1M | 0.61% | +41,298+71.4% | Added |
| Daiwa Securities Group Inc. | 99,600 | $10.2M | 0.03% | +22,725+29.6% | Added |
| Old Mission Capital LLC | 100,149 | $10.2M | 0.24% | +95,712+2,157.1% | Added |
| Eurizon Capital SGR S.p.A. | 104,372 | $10.7M | 0.03% | +7,766+8.0% | Added |
| Nissay Asset Management Corp | 112,450 | $11.5M | 0.06% | +4,683+4.3% | Added |
| Candriam Luxembourg S.C.A. | 113,100 | $11.6M | 0.06% | −26,700−19.1% | Reduced |
| Orland Properties Ltd | 113,835 | $11.6M | 4.36% | −25,000−18.0% | Reduced |
| Oasis Management Co Ltd. | 114,000 | $11.6M | 1.39% | +114,000 | New |
| Danske Bank A/S | 117,512 | $12.0M | 0.03% | +8,400+7.7% | Added |
| Rafferty Asset Management, LLC | 118,381 | $12.1M | 0.05% | +6,357+5.7% | Added |
| Asset Management One Co.,Ltd. | 118,698 | $12.1M | 0.04% | +189+0.2% | Added |
| Swiss Life Asset Management Ltd | 127,046 | $13.0M | 0.06% | +34,616+37.5% | Added |
| Guggenheim Capital LLC | 129,461 | $13.2M | 0.11% | −30,088−18.9% | Reduced |
| Nomura Asset Management Co Ltd | 132,147 | $13.5M | 0.03% | +3,261+2.5% | Added |
| Wells Fargo & Company | 133,553 | $13.6M | 0.00% | −1,963−1.4% | Reduced |
| HRT Financial LP | 134,871 | $13.8M | 0.03% | +134,871 | New |
| LSV Asset Management | 136,900 | $14.0M | 0.03% | +136,900 | New |
| Lansforsakringar Fondforvaltning AB (publ) | 139,939 | $14.3M | 0.07% | +2,609+1.9% | Added |
| Public Employees Retirement System of Ohio | 145,453 | $14.9M | 0.05% | −52,258−26.4% | Reduced |
| Himension Fund | 145,939 | $14.9M | 1.15% | +18,127+14.2% | Added |