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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
Rhumbline Advisers56,762$4.33M0.00%−8,825−13.5%Reduced
Omers Administration Corp61,605$4.70M0.03%+200+0.3%Added
Vontobel Holding Ltd.62,538$4.77M0.02%−8,024−11.4%Reduced
SIH Partners, LLLP63,549$4.85M0.20%+35,863+129.5%Added
Police & Firemen's Retirement System of New Jersey63,587$4.85M0.04%−20,412−24.3%Reduced
Candriam Luxembourg S.C.A.65,300$4.98M0.02%−47,800−42.3%Reduced
IFM Investors Pty Ltd65,815$5.02M0.03%−9,593−12.7%Reduced
Verition Fund Management LLC65,824$5.02M0.04%+34,723+111.6%Added
Shelton Capital Management70,831$5.40M0.10%−3,231−4.4%Reduced
Natixis71,501$5.45M0.03%+51,535+258.1%Added
TD Asset Management Inc71,930$5.49M0.00%−1,500−2.0%Reduced
Federation des caisses Desjardins du Quebec72,655$5.54M0.02%−3,731−4.9%Reduced
Step Capital Management Pte. Ltd.75,000$5.72M1.76%00.0%Unchanged
DnB Asset Management AS75,921$5.79M0.02%−13,308−14.9%Reduced
Alliancebernstein L.P.57,239$5.85M0.00%−7,828−12.0%Reduced
Union Bancaire Privee, UBP SA85,008$5.90M0.09%−24,752−22.6%Reduced
iA Global Asset Management Inc.77,912$5.94M0.07%−7,289−8.6%Reduced
Platinum Investment Management Ltd78,445$5.98M1.47%00.0%Unchanged
Eurizon Capital SGR S.p.A.81,003$6.18M0.02%−23,369−22.4%Reduced
FACT Capital, LP81,435$6.21M3.49%00.0%Unchanged
Mackenzie Financial Corp81,677$6.23M0.01%−195,200−70.5%Reduced
Rakuten Investment Management, Inc.81,546$6.24M0.02%+10,175+14.3%Added
Profund Advisors LLC84,002$6.41M0.18%+1,253+1.5%Added
Janney Montgomery Scott LLC86,737$6.62M0.01%+20,362+30.7%Added
Lansforsakringar Fondforvaltning AB (publ)87,939$6.71M0.03%−52,000−37.2%Reduced
Creative Planning91,734$7.00M0.00%+3,032+3.4%Added
Fairtree Asset Management (Pty) Ltd92,354$7.04M2.70%+85,185+1,188.2%Added
Parus Finance (UK) Ltd92,479$7.05M1.84%−2,064−2.2%Reduced
PEAK6 LLC93,829$7.16M0.17%−121,140−56.4%Reduced
Siren, L.L.C.95,000$7.25M0.15%+11,599+13.9%Added
Wellington Management Group LLP95,174$7.26M0.00%−389,344−80.4%Reduced
Swiss Life Asset Management Ltd95,243$7.27M0.03%−31,803−25.0%Reduced
Brinker Capital Investments, LLC97,681$7.45M0.06%+19,642+25.2%Added
Asset Management One Co.,Ltd.99,965$7.63M0.02%−18,733−15.8%Reduced
Nomura Holdings Inc101,123$7.71M0.03%−287,957−74.0%Reduced
Abu Dhabi Investment Council Co P.J.S.C103,637$7.91M1.11%+9,495+10.1%Added
Daiwa Securities Group Inc.104,134$7.94M0.02%+4,534+4.6%Added
Qube Research & Technologies Ltd104,521$7.97M0.01%+104,521New
Danske Bank A/S108,212$8.25M0.02%−9,300−7.9%Reduced
Manufacturers Life Insurance Company, The108,939$8.31M0.01%−127,016−53.8%Reduced
Dymon Asia Capital (Singapore) Pte. Ltd.110,000$8.39M1.35%+59,610+118.3%Added
Orland Properties Ltd113,835$8.68M4.30%00.0%Unchanged
Saba Capital Management, L.P.116,400$8.88M0.27%+64,530+124.4%Added
LSV Asset Management117,300$8.95M0.02%−19,600−14.3%Reduced
Nissay Asset Management Corp118,295$9.02M0.04%+5,845+5.2%Added
Nomura Asset Management Co Ltd118,537$9.04M0.02%−13,610−10.3%Reduced
Public Employees Retirement System of Ohio124,422$9.49M0.03%−21,031−14.5%Reduced
Matthews International Capital Management LLC131,480$10.0M3.44%−67,442−33.9%Reduced
Nykredit A/S131,648$10.0M0.04%+131,648New
Resona Asset Management Co.,Ltd.137,276$10.5M0.05%−45,903−25.1%Reduced
Guggenheim Capital LLC137,427$10.5M0.07%+7,966+6.2%Added
Vanguard Investments Australia, Ltd.138,246$10.5M0.03%−24,423−15.0%Reduced
Tudor Investment Corp Et Al146,171$11.1M0.05%−239,201−62.1%Reduced
CIBC Asset Management Inc146,291$11.2M0.02%−7,394−4.8%Reduced
Squarepoint Ops LLC147,452$11.2M0.02%+94,776+179.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)152,143$11.6M0.02%−40,225−20.9%Reduced
Ameriprise Financial Inc155,142$11.8M0.00%−27,358−15.0%Reduced
Rafferty Asset Management, LLC163,987$12.5M0.03%+45,606+38.5%Added
Allianz Asset Management GmbH165,337$12.6M0.01%−190,344−53.5%Reduced
Yong Rong (HK) Asset Management Ltd170,000$13.0M11.07%+120,000+240.0%Added
Steel Peak Wealth Management LLC170,504$13.0M0.34%+170,504New
KLP Kapitalforvaltning AS175,400$13.4M0.04%−28,100−13.8%Reduced
Leonteq Securities AG185,492$14.1M0.85%+86,351+87.1%Added
ABS Investment Management LLC85,772$14.3M11.63%+85,772New
National Pension Service191,375$14.6M0.01%−18,780−8.9%Reduced
Cantor Fitzgerald, L. P.197,944$15.1M0.29%+14,846+8.1%Added
Public Sector Pension Investment Board204,579$15.6M0.04%−211,551−50.8%Reduced
Nan Fung Trinity (HK) Ltd207,699$15.8M1.56%+54,799+35.8%Added
Millennium Management LLC210,829$16.1M0.01%+62,527+42.2%Added
British Columbia Investment Management Corp224,700$17.1M0.11%−49,300−18.0%Reduced
Teachers Retirement System of the State of Kentucky226,010$17.2M0.12%+5,370+2.4%Added
E Fund Management (Hong Kong) Co., Ltd.227,874$17.4M5.76%−51,561−18.5%Reduced
TB Alternative Assets Ltd.230,128$17.6M2.82%−110,100−32.4%Reduced
Itau Unibanco Holding S.A.235,374$18.0M0.35%+15,947+7.3%Added
Exchange Traded Concepts, LLC242,941$18.5M0.09%+20,884+9.4%Added
M&G Plc248,616$18.9M0.09%+11,982+5.1%Added
Fideuram Asset Management (Ireland) dac224,173$19.7M0.38%+220,975+6,909.8%Added
Taikang Asset Management (Hong Kong) Co Ltd261,785$20.0M1.82%−2,218−0.8%Reduced
Voya Investment Management LLC268,760$20.5M0.02%−5,025−1.8%Reduced
California State Teachers Retirement System288,631$22.0M0.02%−73,659−20.3%Reduced
Bank of Montreal292,093$22.3M0.01%−38,146−11.6%Reduced
Royal Bank of Canada295,999$22.6M0.00%−28,786−8.9%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.298,980$22.8M0.02%−99,352−24.9%Reduced
Ranmore Fund Management Ltd300,000$22.9M2.53%+300,000New
Group One Trading, L.P.302,886$23.1M0.67%+218,472+258.8%Added
Victory Capital Management Inc303,741$23.2M0.01%−11,256−3.6%Reduced
Oversea-Chinese Banking CORP Ltd311,683$23.8M0.57%−131,754−29.7%Reduced
Neuberger Berman Group LLC313,130$23.9M0.02%+136,644+77.4%Added
Todd Asset Management LLC314,265$24.0M0.43%−11,115−3.4%Reduced
Mirae Asset Global Investments Co., Ltd.325,781$24.9M0.05%−16,863−4.9%Reduced
AI-Squared Management Ltd327,700$25.0M13.33%+327,700New
Lazard Asset Management LLC330,557$25.2M0.04%−473,854−58.9%Reduced
Serenity Capital Management Pte. Ltd.360,000$27.5M8.28%00.0%Unchanged
Wells Fargo & Company367,792$28.1M0.00%+234,239+175.4%Added
HRT Financial LP386,623$29.5M0.05%+251,752+186.7%Added
Global X Japan Co., Ltd.394,441$30.1M1.11%+136,546+52.9%Added
Credit Agricole S A396,318$30.2M0.08%+129,510+48.5%Added
WCM Investment Management, LLC395,381$30.3M0.05%+53,566+15.7%Added
SEI Investments Co399,924$30.5M0.03%−193,258−32.6%Reduced
NEOS Investment Management LLC404,232$30.8M0.11%+38,930+10.7%Added