PDD HoldingsPDD
13F holders, Q2 2026 (June 30)At the end of Q2 2026, 508 institutions reported holding PDD Holdings Inc. (PDD) in their 13F filings, down 60 from Q1 2026. 54 opened new positions and 114 sold out. The largest holders were BlackRock, Inc. ($2.4B), Baillie Gifford & Co. ($2.0B) and H&H International Investment ($1.9B). 8 famous investors held it, including Li Lu (22.2% of Himalaya Capital Management's portfolio), Duan Yongping (10.0% of H&H International Investment's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- PDD Holdings Inc.
- Sector
- Consumer Discretionary
- CUSIP
- 722304102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 54 | $315.5M |
| Exits | 114 | $1.2B |
All 13F filers, Q1 2026 → Q2 2026: 54,354,055 shares bought and 58,543,518 shares sold, net −4,189,463 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 508 holders
| BlackRock, Inc. | 0.04% | Reduce -18.9% | 31,969,893 | $2.4B |
| Baillie Gifford & Co. | 1.84% | Reduce -6.2% | 26,594,535 | $2.0B |
| H&H International Investment | 9.99% | Add +26.7% | 25,022,094 | $1.9B |
| Vanguard Capital Management LLC | 0.04% | Add +2.2% | 24,646,256 | $1.9B |
| Invesco Ltd. | 0.13% | Add +8.4% | 22,228,242 | $1.7B |
| Goldman Sachs Group Inc. | 0.11% | Add +44.3% | 14,006,939 | $1.1B |
| HSG Holding Ltd | 72.31% | No change | 11,348,426 | $865.7M |
| Himalaya Capital Management | 22.17% | Add +133.5% | 10,761,119 | $820.9M |
| State Street Corp. | 0.02% | Reduce -14.4% | 10,303,417 | $785.9M |
| NetEase, Inc. | 95.34% | Add +7.9% | 9,566,480 | $729.7M |
| First Beijing Investment Ltd | 29.27% | Add +15.1% | 9,377,416 | $715.3M |
| Norges Bank | 0.07% | — | 9,338,120 | $712.3M |
| SC US (ttgp), LTD. | 2.12% | No change | 8,841,576 | $674.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.12% | Add +1.7% | 8,726,228 | $665.6M |
| Sanders Capital, LLC | 0.61% | Reduce -1.9% | 7,936,717 | $605.4M |
| Vanguard Fiduciary Trust Co. | 0.11% | Add +2.1% | 6,658,003 | $507.9M |
| Geode Capital Management, LLC | 0.03% | Reduce -3.1% | 6,639,259 | $504.1M |
| FIL Ltd | 0.34% | Reduce -8.1% | 6,292,692 | $480.0M |
| JPMorgan Chase & Co. | 0.03% | Reduce -23.9% | 6,017,649 | $460.6M |
| Krane Funds Advisors LLC | 15.63% | Add +0.8% | 5,780,324 | $440.9M |
| UBS Group AG | 0.07% | Add +125.3% | 5,635,629 | $429.9M |
| Morgan Stanley | 0.02% | Reduce -25.8% | 5,483,249 | $418.3M |
| Orbis Allan Gray Ltd | 1.40% | Add +207.0% | 5,353,562 | $408.4M |
| Jane Street Group, LLC | 0.24% | Add +2612.9% | 4,794,185 | $365.7M |
| Greenwoods Asset Management Hong Kong Ltd. | 16.70% | Reduce -6.2% | 4,785,666 | $365.1M |
| Mitsubishi UFJ Trust & Banking Corp | 0.79% | Add +33.5% | 4,760,515 | $363.1M |
| E Fund Management Co., Ltd. | 8.07% | Add +2.7% | 4,715,949 | $359.7M |
| Dodge & Cox | 0.18% | Add +0.3% | 4,550,000 | $347.1M |
| Legal & General Group Plc | 0.06% | Reduce -5.9% | 3,997,575 | $304.9M |
| BNP Paribas Financial Markets | 0.15% | Reduce -16.4% | 3,805,975 | $290.3M |
| Temasek Holdings (Private) Ltd | 0.76% | Reduce -26.4% | 3,622,972 | $276.4M |
| SG Americas Securities, LLC | 0.15% | Reduce -45.6% | 3,426,679 | $261.4M |
| HSBC Holdings PLC | 0.12% | Reduce -8.9% | 3,266,047 | $249.3M |
| Triata Capital Ltd | 41.64% | Add +54.2% | 3,211,624 | $245.0M |
| Dimensional Fund Advisors LP | 0.04% | Reduce -15.1% | 3,174,566 | $242.2M |
| Capital International Investors | 0.05% | Add +49.0% | 3,135,019 | $239.1M |
| Bank of America Corp. | 0.02% | Add +20.7% | 3,120,966 | $238.1M |
| National Bank of Canada | 0.19% | Add +54.4% | 2,873,404 | $219.2M |
| Citigroup Inc. | 0.10% | Add +62.2% | 2,697,035 | $205.7M |
| Northern Trust Corp. | 0.02% | Reduce -15.1% | 2,683,483 | $204.7M |
| AustralianSuper Pty Ltd | 0.87% | Add +124.0% | 2,627,834 | $200.5M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.27% | Add +54.4% | 2,485,298 | $189.6M |
| Deutsche Bank AG | 0.05% | Add +17.6% | 2,353,277 | $179.5M |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.11% | Reduce -5.9% | 2,172,283 | $165.7M |
| Perseverance Asset Management International | 16.89% | Add +0.1% | 2,163,479 | $165.0M |
| Capula Management Ltd | 0.65% | Add +10790.3% | 1,914,949 | $146.1M |
| Barclays PLC | 0.04% | Reduce -22.0% | 1,762,588 | $134.5M |
| American Century Companies Inc. | 0.06% | Reduce -18.5% | 1,703,940 | $130.0M |
| Alpine Investment Management Ltd | 30.82% | Add +1661.4% | 1,661,600 | $126.7M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +14.9% | 1,652,472 | $126.1M |
| Brilliance Asset Management Ltd. | 35.12% | Add +121.8% | 1,562,304 | $119.2M |
| Massachusetts Financial Services Co. | 0.04% | Reduce -11.1% | 1,553,647 | $116.2M |
| FMR LLC | 0.01% | Reduce -75.8% | 1,521,767 | $116.1M |
| IDG China Venture Capital Fund IV Associates L.P. | 78.39% | Reduce -13.5% | 1,513,394 | $115.4M |
| Nomura Asset Management International Inc. | 0.17% | Add +57.2% | 1,475,390 | $112.5M |
| Prudential PLC | 0.72% | Reduce -11.9% | 1,427,305 | $108.9M |
| Sumitomo Mitsui Trust Group, Inc. | 0.06% | Reduce -18.4% | 1,389,751 | $106.0M |
| Capital Today Evergreen Fund, L.P. | 81.58% | No change | 1,385,004 | $105.6M |
| Schroder Investment Management Group | 0.07% | Reduce -55.1% | 1,341,412 | $102.7M |
| Susquehanna International Group, LLP | 0.09% | Reduce -12.2% | 1,322,726 | $100.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.19% | Add +29.3% | 1,315,668 | $100.4M |
| Boundless Plain Holdings Ltd | 22.88% | No change | 1,294,753 | $98.8M |
| Bank of New York Mellon Corp | 0.02% | Reduce -10.8% | 1,281,365 | $97.7M |
| First Trust Advisors LP | 0.06% | Add +6.7% | 1,276,749 | $97.4M |
| Holocene Advisors, LP | 0.22% | New | 1,260,000 | $96.1M |
| IvyRock Asset Management (HK) Ltd | 50.65% | Add +2.5% | 1,174,549 | $89.6M |
| Swiss National Bank | 0.04% | Reduce -20.3% | 1,094,644 | $83.5M |
| California Public Employees Retirement System | 0.04% | Reduce -19.7% | 1,015,932 | $77.5M |
| Allspring Global Investments Holdings, LLC | 0.12% | Add +34.4% | 921,596 | $76.1M |
| Voloridge Investment Management, LLC | 0.30% | New | 918,040 | $70.0M |
| GF Fund Management Co. LTD. | 0.83% | Add +9.3% | 907,898 | $69.3M |
| Nuveen, LLC | 0.02% | Reduce -28.9% | 878,598 | $67.0M |
| Green Court Capital Management Ltd | 57.10% | Add +108.2% | 875,658 | $66.8M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.04% | Reduce -10.6% | 842,296 | $64.3M |
| Robeco Institutional Asset Management B.V. | 0.07% | Reduce -68.0% | 796,468 | $60.8M |
| Marshall Wace, LLP | 0.05% | Add +135.4% | 759,453 | $57.9M |
| Pictet Asset Management Holding SA | 0.05% | Reduce -24.2% | 682,209 | $52.0M |
| Aberdeen Group plc | 0.07% | Reduce -19.7% | 679,955 | $51.9M |
| Arrowstreet Capital, Limited Partnership | 0.02% | Add +45.0% | 654,008 | $49.9M |
| T. Rowe Price Associates Inc. | 0.01% | Reduce -80.8% | 647,140 | $49.4M |
| ProShare Advisors LLC | 0.07% | Reduce -26.1% | 642,198 | $49.0M |
| Royal London Asset Management Ltd. | 0.09% | Reduce -14.1% | 630,472 | $48.1M |
| Polar Capital Holdings Plc | 0.13% | Reduce -1.8% | 592,084 | $45.2M |
| Franklin Resources Inc. | 0.01% | Reduce -12.8% | 590,786 | $45.1M |
| True Light Capital Pte. Ltd. | 29.61% | Reduce -6.0% | 589,064 | $44.9M |
| Barings LLC | 0.83% | Reduce -9.4% | 587,937 | $44.8M |
| USS Investment Management Ltd | 0.17% | Reduce -16.7% | 581,284 | $44.3M |
| Russell Investments Group, Ltd. | 0.04% | Reduce -35.9% | 574,888 | $43.9M |
| Fisher Asset Management | 0.01% | Reduce -3.4% | 560,008 | $42.7M |
| DekaBank Deutsche Girozentrale | 0.07% | No change | 408,010 | $41.5M |
| Walleye Trading LLC | 0.58% | Reduce -11.0% | 543,714 | $41.5M |
| Citadel Advisors | 0.02% | Reduce -40.0% | 536,454 | $40.9M |
| Marex Group Ltd | 0.30% | Add +35.7% | 535,181 | $40.8M |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd | 5.80% | New | 528,100 | $40.3M |
| Aviva PLC | 0.06% | Reduce -22.4% | 504,886 | $38.5M |
| HHLR Advisors, LTD. | 4.58% | Reduce -88.0% | 500,000 | $38.1M |
| Franchise GP Ltd | 17.64% | No change | 497,860 | $38.0M |
| Harvest Fund Management Co., Ltd | 1.25% | Add +2.9% | 496,105 | $37.8M |
| Kora Management LP | 4.44% | No change | 490,650 | $37.4M |
| CANADA LIFE ASSURANCE Co | 0.06% | Reduce -12.3% | 489,566 | $37.3M |
"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.