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.
| 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, Q2 2026
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Punch Card Management L.P. | 415,004 | $31.7M | 12.37% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 415,029 | $31.7M | 0.09% | +34,750+9.1% | Added |
| KBC Group NV | 419,678 | $32.0M | 0.07% | −61,440−12.8% | Reduced |
| Capital International Inc | 419,773 | $32.0M | 0.22% | +26,375+6.7% | Added |
| Polymer Capital Management (HK) LTD | 432,300 | $33.0M | 3.35% | +18,843+4.6% | Added |
| Korea Investment CORP | 455,887 | $34.8M | 0.07% | −126,700−21.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 464,684 | $35.4M | 0.04% | −59,275−11.3% | Reduced |
| Two Sigma Investments, LP | 476,800 | $36.4M | 0.03% | +84,712+21.6% | Added |
| Great West Life Assurance Co | 489,566 | $37.3M | 0.06% | −68,884−12.3% | Reduced |
| Kora Management LP | 490,650 | $37.4M | 4.44% | 00.0% | Unchanged |
| Harvest Fund Management Co., Ltd | 496,105 | $37.8M | 1.25% | +13,864+2.9% | Added |
| Franchise GP Ltd | 497,860 | $38.0M | 17.64% | 00.0% | Unchanged |
| HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse) | 500,000 | $38.1M | 4.58% | −3,665,029−88.0% | Reduced |
| Aviva PLC | 504,886 | $38.5M | 0.06% | −145,847−22.4% | Reduced |
| Keywise Capital Management (HK) Ltd | 528,100 | $40.3M | 5.80% | +528,100 | New |
| Marex Group plc | 535,181 | $40.8M | 0.30% | +140,892+35.7% | Added |
| Citadel Advisors LLC | 536,454 | $40.9M | 0.02% | −358,124−40.0% | Reduced |
| Walleye Trading LLC | 543,714 | $41.5M | 0.58% | −66,929−11.0% | Reduced |
| DekaBank Deutsche Girozentrale | 408,010 | $41.5M | 0.07% | 00.0% | Unchanged |
| Fisher Asset Management, LLC | 560,008 | $42.7M | 0.01% | −19,823−3.4% | Reduced |
| Russell Investments Group, Ltd. | 574,888 | $43.9M | 0.04% | −321,692−35.9% | Reduced |
| USS Investment Management Ltd | 581,284 | $44.3M | 0.18% | −116,352−16.7% | Reduced |
| Barings LLC | 587,937 | $44.8M | 0.80% | −61,292−9.4% | Reduced |
| True Light Capital Pte. Ltd. | 589,064 | $44.9M | 29.61% | −37,236−5.9% | Reduced |
| Franklin Resources Inc | 590,786 | $45.1M | 0.01% | −86,915−12.8% | Reduced |
| Polar Capital Holdings Plc | 592,084 | $45.2M | 0.13% | −10,921−1.8% | Reduced |
| Royal London Asset Management Ltd | 630,472 | $48.1M | 0.09% | −103,600−14.1% | Reduced |
| ProShare Advisors LLC | 642,198 | $49.0M | 0.07% | −227,390−26.1% | Reduced |
| Price T Rowe Associates Inc | 647,140 | $49.4M | 0.00% | −2,714,361−80.7% | Reduced |
| Arrowstreet Capital, Limited Partnership | 654,008 | $49.9M | 0.02% | +202,915+45.0% | Added |
| Standard Life Aberdeen plc | 679,955 | $51.9M | 0.07% | −166,571−19.7% | Reduced |
| Pictet Asset Management Holding SA | 682,209 | $52.0M | 0.05% | −217,278−24.2% | Reduced |
| Marshall Wace, LLP | 759,453 | $57.9M | 0.05% | +436,868+135.4% | Added |
| Robeco Institutional Asset Management B.V. | 796,468 | $60.8M | 0.07% | −1,696,425−68.1% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 842,296 | $64.3M | 0.04% | −99,878−10.6% | Reduced |
| Green Court Capital Management Ltd | 875,658 | $66.8M | 57.10% | +455,100+108.2% | Added |
| Nuveen, LLC | 878,598 | $67.0M | 0.02% | −356,314−28.9% | Reduced |
| GF Fund Management Co. Ltd. | 907,898 | $69.3M | 0.83% | +77,114+9.3% | Added |
| Voloridge Investment Management, LLC | 918,040 | $70.0M | 0.30% | +918,040 | New |
| Allspring Global Investments Holdings, LLC | 921,596 | $76.1M | 0.12% | +235,755+34.4% | Added |
| California Public Employees Retirement System | 1,015,932 | $77.5M | 0.04% | −249,421−19.7% | Reduced |
| Swiss National Bank | 1,094,644 | $83.5M | 0.04% | −278,100−20.3% | Reduced |
| IvyRock Asset Management (HK) Ltd | 1,174,549 | $89.6M | 50.64% | +29,140+2.5% | Added |
| Holocene Advisors, LP | 1,260,000 | $96.1M | 0.22% | +1,260,000 | New |
| First Trust Advisors LP | 1,276,749 | $97.4M | 0.06% | +79,803+6.7% | Added |
| Bank of New York Mellon Corp | 1,281,365 | $97.7M | 0.02% | −155,153−10.8% | Reduced |
| Boundless Plain Holdings Ltd | 1,294,753 | $98.8M | 22.88% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 1,315,668 | $100.4M | 0.19% | +297,985+29.3% | Added |
| Susquehanna International Group, LLP | 1,322,726 | $100.9M | 0.09% | −183,676−12.2% | Reduced |
| Schroder Investment Management Group | 1,341,412 | $102.7M | 0.07% | −1,645,275−55.1% | Reduced |
| Capital Today Evergreen Fund, L.P. | 1,385,004 | $105.6M | 81.58% | 00.0% | Unchanged |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,389,751 | $106.0M | 0.06% | −312,415−18.4% | Reduced |
| Prudential PLC | 1,427,305 | $108.9M | 0.77% | −193,273−11.9% | Reduced |
| Nomura Asset Management International Inc. | 1,475,390 | $112.5M | 0.17% | +536,988+57.2% | Added |
| IDG China Venture Capital Fund IV Associates L.P. | 1,513,394 | $115.4M | 78.39% | −235,635−13.5% | Reduced |
| FMR LLC | 1,521,767 | $116.1M | 0.01% | −4,779,937−75.9% | Reduced |
| Massachusetts Financial Services Co | 1,553,647 | $116.2M | 0.04% | −194,591−11.1% | Reduced |
| Brilliance Asset Management Ltd | 1,562,304 | $119.2M | 35.12% | +857,815+121.8% | Added |
| Charles Schwab Investment Management Inc | 1,652,472 | $126.1M | 0.02% | +213,942+14.9% | Added |
| Alpine Investment Management Ltd | 1,661,600 | $126.7M | 30.82% | +1,567,264+1,661.4% | Added |
| American Century Companies Inc | 1,703,940 | $130.0M | 0.06% | −385,740−18.5% | Reduced |
| Barclays PLC | 1,762,588 | $134.5M | 0.04% | −497,375−22.0% | Reduced |
| Capula Management Ltd | 1,914,949 | $146.1M | 0.64% | +1,897,365+10,790.3% | Added |
| Perseverance Asset Management International | 2,163,479 | $165.0M | 16.89% | +1,803+0.1% | Added |
| Vanguard Asset Management, Ltd | 2,172,283 | $165.7M | 0.11% | −135,185−5.9% | Reduced |
| Deutsche Bank AG | 2,353,277 | $179.5M | 0.05% | +352,783+17.6% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 2,485,298 | $189.6M | 0.27% | +875,928+54.4% | Added |
| AustralianSuper Pty Ltd | 2,627,834 | $200.5M | 0.87% | +1,454,534+124.0% | Added |
| Northern Trust Corp | 2,683,483 | $204.7M | 0.02% | −478,063−15.1% | Reduced |
| Citigroup Inc | 2,697,035 | $205.7M | 0.10% | +1,034,447+62.2% | Added |
| National Bank of Canada | 2,873,404 | $219.2M | 0.19% | +1,012,713+54.4% | Added |
| Bank of America Corp | 3,120,966 | $238.1M | 0.02% | +534,458+20.7% | Added |
| Capital International Investors | 3,135,019 | $239.1M | 0.05% | +1,030,968+49.0% | Added |
| Dimensional Fund Advisors LP | 3,174,566 | $242.2M | 0.04% | −562,663−15.1% | Reduced |
| Triata Capital Ltd | 3,211,624 | $245.0M | 41.64% | +1,129,297+54.2% | Added |
| HSBC Holdings PLC | 3,266,047 | $249.3M | 0.12% | −317,343−8.9% | Reduced |
| SG Americas Securities, LLC | 3,426,679 | $261.4M | 0.15% | −2,875,141−45.6% | Reduced |
| Temasek Holdings (Private) Ltd | 3,622,972 | $276.4M | 0.76% | −1,303,089−26.5% | Reduced |
| BNP Paribas Arbitrage, SA | 3,805,975 | $290.3M | 0.15% | −748,282−16.4% | Reduced |
| Legal & General Group Plc | 3,997,575 | $304.9M | 0.06% | −250,471−5.9% | Reduced |
| Dodge & Cox | 4,550,000 | $347.1M | 0.18% | +12,400+0.3% | Added |
| E Fund Management Co., Ltd. | 4,715,949 | $359.7M | 8.07% | +122,896+2.7% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 4,760,515 | $363.1M | 0.79% | +1,195,094+33.5% | Added |
| Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management | 4,785,666 | $365.1M | 16.70% | −318,138−6.2% | Reduced |
| Jane Street Group, LLC | 4,794,185 | $365.7M | 0.23% | +4,617,470+2,612.9% | Added |
| Orbis Allan Gray Ltd | 5,353,562 | $408.4M | 1.40% | +3,609,514+207.0% | Added |
| Morgan Stanley | 5,483,249 | $418.3M | 0.02% | −1,905,643−25.8% | Reduced |
| UBS Group AG | 5,635,629 | $429.9M | 0.07% | +3,134,090+125.3% | Added |
| Krane Funds Advisors LLC | 5,780,324 | $440.9M | 15.63% | +47,140+0.8% | Added |
| JPMorgan Chase & Co | 6,017,649 | $460.6M | 0.03% | −1,893,188−23.9% | Reduced |
| FIL Ltd | 6,292,692 | $480.0M | 0.34% | −556,579−8.1% | Reduced |
| Geode Capital Management, LLC | 6,639,259 | $504.1M | 0.03% | −213,668−3.1% | Reduced |
| Vanguard Fiduciary Trust Co | 6,658,003 | $507.9M | 0.11% | +138,198+2.1% | Added |
| Sanders Capital, LLC | 7,936,717 | $605.4M | 0.61% | −155,084−1.9% | Reduced |
| UBS Asset Management Americas Inc | 8,726,228 | $665.6M | 0.12% | +143,225+1.7% | Added |
| SC US (TTGP), Ltd. | 8,841,576 | $674.4M | 2.11% | 00.0% | Unchanged |
| Norges Bank | 9,338,120 | $712.3M | 0.07% | +9,338,120 | New |
| First Beijing Investment Ltd | 9,377,416 | $715.3M | 29.27% | +1,228,254+15.1% | Added |
| NetEase, Inc. | 9,566,480 | $729.7M | 95.34% | +700,000+7.9% | Added |
| State Street Corp | 10,303,417 | $785.9M | 0.02% | −1,730,280−14.4% | Reduced |