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 |
|---|---|---|---|---|---|
| Nearwater Capital Markets, Ltd | 83,100 | $8.49M | 0.20% | 00.0% | Unchanged |
| Profund Advisors LLC | 82,749 | $8.46M | 0.31% | −11,542−12.2% | Reduced |
| FACT Capital, LP | 81,435 | $8.32M | 5.53% | +8,279+11.3% | Added |
| Panagora Asset Management Inc | 80,742 | $8.25M | 0.03% | −43,154−34.8% | Reduced |
| Platinum Investment Management Ltd | 78,445 | $8.02M | 2.02% | 00.0% | Unchanged |
| Brinker Capital Investments, LLC | 78,039 | $7.97M | 0.07% | +438+0.6% | Added |
| Federation des caisses Desjardins du Quebec | 76,386 | $7.81M | 0.03% | +26,281+52.5% | Added |
| IFM Investors Pty Ltd | 75,408 | $7.71M | 0.06% | +405+0.5% | Added |
| Step Capital Management Pte. Ltd. | 75,000 | $7.66M | 3.08% | 00.0% | Unchanged |
| Shelton Capital Management | 74,062 | $7.57M | 0.17% | −2,102−2.8% | Reduced |
| TD Asset Management Inc | 73,430 | $7.50M | 0.01% | −13,220−15.3% | Reduced |
| ABS Direct Equity Fund LLC | 75,800 | $7.49M | 5.72% | +18,270+31.8% | Added |
| Alliancebernstein L.P. | 65,067 | $7.38M | 0.00% | −862,727−93.0% | Reduced |
| Vontobel Holding Ltd. | 70,562 | $7.21M | 0.02% | +29,775+73.0% | Added |
| Quantinno Capital Management LP | 70,160 | $7.17M | 0.01% | +17,451+33.1% | Added |
| Rakuten Investment Management, Inc. | 71,371 | $7.02M | 0.01% | +8,683+13.9% | Added |
| Antipodes Partners Ltd | 66,765 | $6.82M | 0.13% | −31,379−32.0% | Reduced |
| Macquarie Group Ltd | 66,544 | $6.80M | 0.04% | −33,879−33.7% | Reduced |
| Janney Montgomery Scott LLC | 66,375 | $6.78M | 0.02% | +66,375 | New |
| La Banque Postale Asset Management SA | 66,000 | $6.74M | 0.09% | +7,000+11.9% | Added |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 65,946 | $6.74M | 1.58% | −559,861−89.5% | Reduced |
| Rhumbline Advisers | 65,587 | $6.70M | 0.01% | −7,179−9.9% | Reduced |
| Mediolanum International Funds Ltd | 65,218 | $6.42M | 0.07% | +65,218 | New |
| Bamco Inc | 61,948 | $6.33M | 0.02% | −438−0.7% | Reduced |
| Omers Administration Corp | 61,405 | $6.27M | 0.04% | +33,600+120.8% | Added |
| Prudential Financial Inc | 60,222 | $6.15M | 0.01% | −762−1.2% | Reduced |
| Boston Partners | 59,347 | $6.06M | 0.01% | +59,347 | New |
| Capitolis Liquid Global Markets LLC | 57,459 | $5.87M | 0.04% | +57,459 | New |
| CastleKnight Management LP | 56,700 | $5.79M | 0.27% | 00.0% | Unchanged |
| Comgest Global Investors S.A.S. | 55,752 | $5.70M | 0.12% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 55,267 | $5.65M | 0.01% | +10,776+24.2% | Added |
| Crake Asset Management LLP | 55,000 | $5.62M | 0.20% | +9,000+19.6% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 54,660 | $5.59M | 0.03% | −3,457−5.9% | Reduced |
| Gulf International Bank (UK) Ltd | 53,971 | $5.51M | 0.12% | +20,100+59.3% | Added |
| Yarbrough Capital, LLC | 53,202 | $5.44M | 0.19% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 52,676 | $5.38M | 0.01% | +48,766+1,247.2% | Added |
| Walleye Capital LLC | 52,497 | $5.36M | 0.03% | −20,719−28.3% | Reduced |
| Saba Capital Management, L.P. | 51,870 | $5.30M | 0.17% | +15,552+42.8% | Added |
| New York State Common Retirement Fund | 51,300 | $5.24M | 0.01% | −17,934−25.9% | Reduced |
| Seldon Capital LP | 50,559 | $5.17M | 1.90% | +2,333+4.8% | Added |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 50,390 | $5.15M | 1.13% | −14,527−22.4% | Reduced |
| Yong Rong (HK) Asset Management Ltd | 50,000 | $5.11M | 2.34% | 00.0% | Unchanged |
| Skopos Labs, Inc. | 49,618 | $5.07M | 0.16% | +17,660+55.3% | Added |
| O'Shaughnessy Asset Management, LLC | 48,940 | $5.00M | 0.03% | −4,279−8.0% | Reduced |
| Virtus Family Office LLC | 48,438 | $4.95M | 4.22% | +11,304+30.4% | Added |
| Y-Intercept (Hong Kong) Ltd | 48,419 | $4.95M | 0.09% | +48,419 | New |
| B. Metzler seel. Sohn & Co. AG | 47,795 | $4.88M | 0.05% | −10,413−17.9% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 46,847 | $4.79M | 0.04% | +1,002+2.2% | Added |
| Tower Research Capital LLC (TRC) | 46,461 | $4.75M | 0.12% | +8,137+21.2% | Added |
| AIA Group Ltd | 45,358 | $4.63M | 0.07% | +9,820+27.6% | Added |
| Louisiana State Employees Retirement System | 43,900 | $4.49M | 0.08% | −800−1.8% | Reduced |
| Capstone Capital Management Ltd | 41,868 | $4.28M | 4.31% | +19,338+85.8% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 39,841 | $4.07M | 0.00% | +4,004+11.2% | Added |
| Optimas Capital Ltd | 38,413 | $3.93M | 8.81% | −81,843−68.1% | Reduced |
| Crossmark Global Holdings, Inc. | 37,997 | $3.88M | 0.06% | +5,138+15.6% | Added |
| Varma Mutual Pension Insurance Co | 37,500 | $3.83M | 0.02% | 00.0% | Unchanged |
| Van Eck Associates Corp | 36,376 | $3.72M | 0.00% | −184−0.5% | Reduced |
| LPL Financial LLC | 35,139 | $3.59M | 0.00% | −3,692−9.5% | Reduced |
| Havemeyer Place LP | 35,074 | $3.58M | 0.41% | +35,074 | New |
| Freemont Capital Pte Ltd | 35,000 | $3.58M | 0.07% | 00.0% | Unchanged |
| Mawer Investment Management Ltd. | 34,390 | $3.51M | 0.02% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 34,000 | $3.47M | 0.01% | −2,200−6.1% | Reduced |
| Atom Investors LP | 33,616 | $3.43M | 0.25% | +33,616 | New |
| Titan Wealth (CI) Ltd | 33,024 | $3.37M | 1.46% | +33,024 | New |
| China Universal Asset Management Co., Ltd. | 32,489 | $3.32M | 0.25% | −7,563−18.9% | Reduced |
| Northwestern Mutual Wealth Management Co | 31,996 | $3.27M | 0.00% | +14,292+80.7% | Added |
| Verition Fund Management LLC | 31,101 | $3.18M | 0.03% | −696−2.2% | Reduced |
| Marathon Trading Investment Management LLC | 30,637 | $3.13M | 0.93% | −32,349−51.4% | Reduced |
| Alps Advisors Inc | 30,225 | $3.09M | 0.01% | +1,192+4.1% | Added |
| Parametrica Management Ltd | 29,230 | $2.99M | 3.39% | 00.0% | Unchanged |
| Turn8 Private Wealth Inc. | 28,946 | $2.96M | 1.85% | +4,500+18.4% | Added |
| Envestnet Asset Management Inc | 28,292 | $2.89M | 0.00% | +14,898+111.2% | Added |
| DRW Securities, LLC | 28,189 | $2.88M | 0.16% | +20,490+266.1% | Added |
| Nipun Capital, L.P. | 28,000 | $2.86M | 1.42% | 00.0% | Unchanged |
| SIH Partners, LLLP | 27,686 | $2.83M | 0.09% | +27,686 | New |
| Norinchukin Bank, The | 27,661 | $2.83M | 0.03% | +2,344+9.3% | Added |
| Ssa Swiss Advisors AG | 27,445 | $2.81M | 1.30% | 00.0% | Unchanged |
| Stelac Advisory Services LLC | 27,445 | $2.80M | 0.57% | +27,445 | New |
| Edmond de Rothschild Holding S.A. | 27,163 | $2.78M | 0.04% | −10,000−26.9% | Reduced |
| Amiral Gestion | 27,000 | $2.76M | 1.53% | −1,000−3.6% | Reduced |
| Jupiter Asset Management Ltd | 26,973 | $2.76M | 0.01% | −153,731−85.1% | Reduced |
| Jump Financial, LLC | 26,858 | $2.74M | 0.04% | +23,199+634.0% | Added |
| Capital International Sarl | 26,050 | $2.66M | 0.04% | −1,688−6.1% | Reduced |
| Los Angeles Capital Management LLC | 25,123 | $2.57M | 0.01% | +25,123 | New |
| PKO Investment Management Joint-Stock Co | 25,000 | $2.55M | 0.21% | 00.0% | Unchanged |
| Mariner, LLC | 24,913 | $2.54M | 0.00% | +2,821+12.8% | Added |
| Ameritas Investment Partners, Inc. | 24,147 | $2.47M | 0.08% | 00.0% | Unchanged |
| Vident Advisory, LLC | 23,838 | $2.44M | 0.02% | −33,442−58.4% | Reduced |
| State of New Jersey Common Pension Fund D | 22,862 | $2.34M | 0.01% | −17,508−43.4% | Reduced |
| Hantz Financial Services, Inc. | 22,821 | $2.33M | 0.04% | +362+1.6% | Added |
| Pacer Advisors, Inc. | 22,554 | $2.31M | 0.01% | −25,934−53.5% | Reduced |
| Cetera Investment Advisers | 22,493 | $2.30M | 0.00% | +11,628+107.0% | Added |
| GAM Holding AG | 22,196 | $2.27M | 0.20% | 00.0% | Unchanged |
| LB Partners LLC | 22,000 | $2.25M | 2.02% | +22,000 | New |
| Numerai GP LLC | 21,728 | $2.22M | 0.22% | +21,728 | New |
| Limestone Investment Advisors LP | 21,679 | $2.22M | 1.09% | +21,679 | New |
| Fosun International Ltd | 21,289 | $2.18M | 0.55% | +10,251+92.9% | Added |
| AE Wealth Management LLC | 20,678 | $2.11M | 0.01% | +2,778+15.5% | Added |
| Ping Capital Management, Inc. | 20,500 | $2.09M | 0.81% | +20,500 | New |
| Qtron Investments LLC | 20,446 | $2.09M | 0.28% | −927−4.3% | Reduced |