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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, Q2 2026

Institutional positions in PDD Holdings Inc. as of Jun 30, 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
508
−55 vs. Q1 2026
Shares held
430.6M
+5.34M (+1.3%) vs. Q1 2026
Total value
$32.9B
−$10.5B (−24.2%) vs. Q1 2026
New holders
61
148 more added
Sold out
116
237 more reduced

5 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 508 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 heldQ2 2026: $32.9B
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, Q2 2026

Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2026.

Institutions holding PDD in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Limestone Investment Advisors LP12,530$955.8K0.48%−9,149−42.2%Reduced
Numerai GP LLC12,962$988.7K0.08%−8,766−40.3%Reduced
Farther Finance Advisors, LLC12,992$991.1K0.01%−4,706−26.6%Reduced
Laird Norton Trust Company, LLC13,589$1.04M0.02%−1,954−12.6%Reduced
Bracebridge Capital, LLC13,600$1.04M0.22%+2,000+17.2%Added
Solstein Capital, LLC13,603$1.04M0.36%00.0%Unchanged
Hantz Financial Services, Inc.13,925$1.06M0.01%−8,896−39.0%Reduced
Two Sigma Securities, LLC14,277$1.09M0.09%+14,277New
Yousif Capital Management, LLC14,814$1.13M0.01%−3,687−19.9%Reduced
Kepler Cheuvreux (Suisse) SA14,882$1.14M0.06%00.0%Unchanged
Freemont Capital Pte Ltd14,927$1.14M0.02%−20,073−57.4%Reduced
Thrivent Financial for Lutherans15,451$1.18M0.00%−39,816−72.0%Reduced
JustInvest LLC15,732$1.20M0.01%−2,463−13.5%Reduced
B. Metzler seel. Sohn & Co. AG16,133$1.23M0.01%−31,662−66.2%Reduced
US Bancorp16,143$1.23M0.00%−1,188−6.9%Reduced
Evergreen Quality Fund GP, Ltd.16,316$1.24M0.02%−796,600−98.0%Reduced
D. E. Shaw & Co., Inc.17,473$1.33M0.00%+6,533+59.7%Added
Howard Capital Management Inc.18,055$1.38M0.02%+12,529+226.7%Added
CIBC World Markets Inc.18,357$1.40M0.00%+6,647+56.8%Added
CMT Capital Markets Trading GmbH18,381$1.40M0.73%+3,948+27.4%Added
Moon Capital Management LP18,460$1.41M0.95%+8,592+87.1%Added
Cerity Partners LLC18,625$1.42M0.00%−1,725−8.5%Reduced
Banco Santander, S.A.19,441$1.48M0.01%+6,011+44.8%Added
Intech Investment Management LLC19,456$1.48M0.01%−684−3.4%Reduced
Wahed Invest LLC19,669$1.50M0.16%+2,540+14.8%Added
Empowered Funds, LLC19,723$1.50M0.01%+618+3.2%Added
Ci Investments Inc.19,797$1.51M0.00%−68,370−77.5%Reduced
La Banque Postale Asset Management SA20,000$1.53M0.02%−46,000−69.7%Reduced
RBF Capital, LLC20,000$1.53M0.06%00.0%Unchanged
Maniro Ltd20,000$1.53M0.34%00.0%Unchanged
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund20,200$1.54M0.03%00.0%Unchanged
AIA Group Ltd20,406$1.56M0.02%−24,952−55.0%Reduced
Edmond de Rothschild Holding S.A.20,963$1.60M0.02%−6,200−22.8%Reduced
Toronto Dominion Bank21,054$1.61M0.00%+14,299+211.7%Added
Quadrature Capital Ltd21,377$1.63M0.01%+2,806+15.1%Added
Polaris Capital Management, LLC21,400$1.63M0.15%+7,800+57.4%Added
Envestnet Asset Management Inc21,713$1.66M0.00%−6,579−23.3%Reduced
LB Partners LLC22,000$1.68M1.14%00.0%Unchanged
Capstone Investment Advisors, LLC22,073$1.68M0.01%+12,087+121.0%Added
GAM Holding AG22,196$1.69M0.13%00.0%Unchanged
Mariner, LLC22,407$1.71M0.00%−2,506−10.1%Reduced
Schonfeld Strategic Advisors LLC22,799$1.74M0.01%+22,799New
Capital International Sarl23,243$1.77M0.03%−2,807−10.8%Reduced
New York State Common Retirement Fund23,600$1.80M0.00%−27,700−54.0%Reduced
Nine Masts Capital Ltd23,724$1.81M0.20%+17,138+260.2%Added
LMR Partners LLP23,867$1.82M0.01%−123,386−83.8%Reduced
Vident Advisory, LLC23,952$1.83M0.01%+114+0.5%Added
Havemeyer Place LP24,124$1.84M0.18%−10,950−31.2%Reduced
Ameritas Investment Partners, Inc.24,223$1.85M0.05%+76+0.3%Added
Capital Fund Management S.A.24,476$1.87M0.01%+24,476New
J. Safra Sarasin Holding AG24,963$1.90M0.03%+24,963New
PKO Investment Management Joint-Stock Co25,000$1.91M0.14%00.0%Unchanged
Ping Capital Management, Inc.25,000$1.91M0.62%+4,500+22.0%Added
DV Trading LLC25,374$1.94M0.16%+25,374New
Northwestern Mutual Wealth Management Co27,214$2.08M0.00%−4,782−14.9%Reduced
Stelac Advisory Services LLC27,445$2.10M0.39%00.0%Unchanged
Ssa Swiss Advisors AG27,445$2.10M0.79%00.0%Unchanged
Ensign Peak Advisors, Inc27,700$2.11M0.00%−6,300−18.5%Reduced
Norinchukin Bank, The27,862$2.13M0.02%+201+0.7%Added
Nipun Capital, L.P.28,000$2.14M1.00%00.0%Unchanged
Persistent Asset Partners Ltd28,145$2.15M0.68%+13,413+91.0%Added
Walleye Capital LLC28,726$2.19M0.01%−23,771−45.3%Reduced
Horizon Investments, LLC29,527$2.25M0.02%+9,693+48.9%Added
LPL Financial LLC31,507$2.40M0.00%−3,632−10.3%Reduced
Alps Advisors Inc31,709$2.42M0.01%+1,484+4.9%Added
Acadian Asset Management LLC33,126$2.53M0.00%−131,792−79.9%Reduced
MUFG Securities EMEA plc33,816$2.58M0.03%+33,816New
Quantitative Investment Management, LLC34,077$2.60M0.28%+34,077New
O'Shaughnessy Asset Management, LLC35,554$2.71M0.01%−13,386−27.4%Reduced
China Universal Asset Management Co., Ltd.36,705$2.80M0.17%+4,216+13.0%Added
Kamunting Street Capital Management, L.P.37,162$2.83M1.59%+37,162New
Varma Mutual Pension Insurance Co37,500$2.86M0.02%00.0%Unchanged
Cederberg Capital Ltd37,600$2.87M2.86%−345,500−90.2%Reduced
Macquarie Group Ltd38,294$2.92M0.01%−28,250−42.5%Reduced
Pacer Advisors, Inc.39,146$2.99M0.01%+16,592+73.6%Added
Copos Capital S.a r.l.39,973$3.05M0.41%+39,973New
Toroso Investments, LLC40,096$3.06M0.01%−50,287−55.6%Reduced
Comgest Global Investors S.A.S.41,005$3.13M0.07%−14,747−26.5%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd41,415$3.16M0.02%−5,432−11.6%Reduced
Wellington Shields Capital Management, LLC42,842$3.27M0.41%+42,842New
Louisiana State Employees Retirement System42,900$3.27M0.05%−1,000−2.3%Reduced
Catalyst Funds Management Pty Ltd43,300$3.30M0.19%+43,300New
Crossmark Global Holdings, Inc.43,364$3.31M0.04%+5,367+14.1%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys43,468$3.32M0.02%−11,192−20.5%Reduced
Gulf International Bank (UK) Ltd44,769$3.41M0.07%−9,202−17.0%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main44,865$3.42M0.00%+5,024+12.6%Added
Wasatch Advisors Inc47,950$3.66M0.02%+47,950New
Seldon Capital LP48,226$3.68M1.15%−2,333−4.6%Reduced
Parallax Volatility Advisers, L.P.50,601$3.86M0.14%+50,601New
Balyasny Asset Management LLC50,925$3.88M0.01%+43,716+606.4%Added
Quantinno Capital Management LP51,150$3.90M0.00%−19,010−27.1%Reduced
Capstone Capital Management Ltd52,199$3.98M1.78%+10,331+24.7%Added
XTX Topco Ltd52,341$3.99M0.05%−41,426−44.2%Reduced
IMC-Chicago, LLC53,689$4.10M0.04%−416,100−88.6%Reduced
Mediolanum International Funds Ltd53,844$4.12M0.04%−11,374−17.4%Reduced
Crake Asset Management LLP55,000$4.20M0.10%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd55,798$4.26M0.08%+7,379+15.2%Added
Pinpoint Asset Management (Singapore) Pte. Ltd.55,851$4.26M0.86%−10,095−15.3%Reduced
CastleKnight Management LP56,700$4.33M0.16%00.0%Unchanged
Virtus Family Office LLC56,747$4.33M3.42%+8,309+17.2%Added