PDD HoldingsPDD
13F holders, Q2 2024 (June 30)At the end of Q2 2024, 646 institutions reported holding PDD Holdings Inc. (PDD) in their 13F filings, up 71 from Q1 2024. 140 opened new positions and 69 sold out. The largest holders were Baillie Gifford & Co. ($4.7B), BlackRock Inc. ($3.9B) and Vanguard Group Inc. ($3.8B). 17 famous investors held it, including David Tepper (4.2% of Appaloosa's portfolio), Brad Gerstner (3.4% of Altimeter Capital Management's portfolio) and Alex Sacerdote (2.3% of Whale Rock Capital Management'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 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 140 | $2.7B |
| Exits | 69 | $406.2M |
All 13F filers, Q1 2024 → Q2 2024: 83,225,537 shares bought and 29,024,774 shares sold, net +54,200,763 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 646 holders
| Baillie Gifford & Co. | 3.64% | Add +1.0% | 35,128,410 | $4.7B |
| BlackRock Inc. | 0.09% | Add +3.5% | 29,116,363 | $3.9B |
| Vanguard Group Inc. | 0.07% | Add +16.4% | 28,245,417 | $3.8B |
| FMR LLC | 0.16% | Add +31.9% | 19,275,397 | $2.6B |
| HSG Holding Ltd | 78.64% | Add +1064.4% | 16,295,432 | $2.1B |
| SC US (ttgp), LTD. | 13.68% | No change | 12,695,617 | $1.7B |
| Morgan Stanley | 0.12% | Reduce -4.3% | 11,976,774 | $1.6B |
| Goldman Sachs Group Inc. | 0.29% | Add +1.7% | 11,194,224 | $1.5B |
| GQG Partners LLC | 2.18% | New | 10,807,761 | $1.4B |
| State Street Corp. | 0.06% | Add +3.0% | 10,800,839 | $1.4B |
| Norges Bank | 0.21% | Add +44.7% | 10,331,273 | $1.4B |
| HHLR Advisors, LTD. | 29.16% | Reduce -24.6% | 8,892,447 | $1.2B |
| Arrowstreet Capital, Limited Partnership | 0.98% | Add +15.6% | 8,359,920 | $1.1B |
| JPMorgan Chase & Co. | 0.10% | Add +62.7% | 8,279,801 | $1.1B |
| T. Rowe Price Associates Inc. | 0.11% | Add +44.5% | 6,799,131 | $903.9M |
| Assenagon Asset Management S.A. | 1.96% | Add +16.3% | 5,913,780 | $786.2M |
| Invesco Ltd. | 0.15% | Add +7.8% | 5,421,030 | $720.7M |
| Tairen Capital Ltd | 25.66% | Add +49.8% | 5,378,376 | $715.1M |
| FIL Ltd | 0.70% | Add +69.0% | 5,296,350 | $704.1M |
| Greenwoods Asset Management Hong Kong Ltd. | 18.24% | Add +43.3% | 5,206,948 | $692.3M |
| E Fund Management Co., Ltd. | 33.96% | Add +1.3% | 4,619,649 | $614.2M |
| Geode Capital Management, LLC | 0.05% | Add +3.6% | 4,173,257 | $551.7M |
| HSBC Holdings PLC | 0.34% | Add +6.2% | 3,914,151 | $520.4M |
| BNP Paribas Financial Markets | 0.57% | Add +33.0% | 3,878,677 | $515.7M |
| Legal & General Group Plc | 0.14% | Add +1.1% | 3,815,652 | $507.3M |
| Bank of America Corp. | 0.05% | Reduce -9.8% | 3,679,127 | $489.1M |
| Acadian Asset Management LLC | 1.50% | Add +107.8% | 3,670,799 | $488.0M |
| SRS Investment Management, LLC | 6.60% | No change | 3,647,247 | $484.9M |
| Krane Funds Advisors LLC | 19.61% | Add +6.1% | 3,496,056 | $464.8M |
| IDG China Venture Capital Fund IV Associates L.P. | 98.57% | Reduce -13.8% | 3,237,044 | $430.4M |
| First Beijing Investment Ltd | 40.05% | Add +52.5% | 2,784,180 | $370.2M |
| Robeco Institutional Asset Management B.V. | 0.76% | Add +6.9% | 2,642,373 | $351.3M |
| Dragoneer Investment Group, LLC | 6.66% | Add +142.6% | 2,620,838 | $348.4M |
| OLP CAPITAL MANAGEMENT Ltd | 47.64% | Add +1.0% | 2,393,265 | $318.2M |
| Dimensional Fund Advisors LP | 0.08% | Add +8.9% | 2,317,795 | $308.2M |
| Marshall Wace, LLP | 0.40% | Reduce -18.8% | 2,105,335 | $279.9M |
| Barclays PLC | 0.12% | Add +47.1% | 1,962,561 | $260.9M |
| Schroder Investment Management Group | 0.29% | Reduce -2.9% | 1,958,591 | $260.4M |
| Millennium Management | 0.22% | Add +24.1% | 1,946,934 | $258.8M |
| Appaloosa | 4.20% | Reduce -7.6% | 1,940,000 | $257.9M |
| Deutsche Bank AG | 0.11% | Add +44.3% | 1,911,517 | $254.1M |
| William Blair Investment Management, LLC | 0.65% | Add +0.4% | 1,869,782 | $248.6M |
| Nuveen Asset Management, LLC | 0.07% | Add +0.1% | 1,822,432 | $242.3M |
| UBS Group AG | 0.07% | Reduce -16.1% | 1,800,235 | $239.3M |
| Altimeter Capital Management | 3.39% | Reduce -3.0% | 1,714,185 | $227.9M |
| Public Investment Fund | 1.29% | No change | 1,703,275 | $226.5M |
| Trivest Advisors Ltd | 11.47% | Add +5.5% | 1,664,160 | $221.3M |
| Perseverance Asset Management International | 27.64% | Add +39.3% | 1,585,106 | $210.7M |
| CoreView Capital Management Ltd | 32.95% | Reduce -19.9% | 1,572,451 | $209.1M |
| Alliancebernstein L.P. | 0.07% | Add +32.6% | 1,541,535 | $204.9M |
| Aspex Management (HK) Ltd | 4.35% | Add +135.5% | 1,531,867 | $203.7M |
| Bank of New York Mellon Corp | 0.04% | Add +12.9% | 1,504,499 | $200.0M |
| Capital Today Evergreen Fund, L.P. | 88.55% | No change | 1,453,900 | $193.3M |
| Sumitomo Mitsui Trust Group, Inc. | 0.14% | Reduce -0.5% | 1,448,199 | $192.5M |
| Voloridge Investment Management, LLC | 0.69% | New | 1,405,825 | $186.9M |
| APG Asset Management N.V. | 0.32% | Reduce -14.9% | 1,467,928 | $182.1M |
| Swiss National Bank | 0.12% | Reduce -0.2% | 1,346,609 | $179.0M |
| Renaissance Technologies | 0.30% | New | 1,326,300 | $176.3M |
| Pictet Asset Management Holding SA | 0.19% | Add +3.9% | 1,278,726 | $170.0M |
| Scge Management, L.P. | 3.31% | No change | 1,276,000 | $169.6M |
| Squarepoint Ops LLC | 0.63% | Reduce -25.6% | 1,259,953 | $167.5M |
| Bridgewater Associates | 0.87% | Reduce -18.8% | 1,254,866 | $166.8M |
| Whale Rock Capital Management | 2.27% | Reduce -2.7% | 1,204,694 | $160.2M |
| Ameriprise Financial Inc. | 0.04% | Reduce -0.4% | 1,192,794 | $158.6M |
| California Public Employees Retirement System | 0.12% | Add +13.0% | 1,187,243 | $157.8M |
| Northern Trust Corp. | 0.03% | Add +0.9% | 1,172,160 | $155.8M |
| Franchise Capital Ltd | 36.60% | Add +26.1% | 1,138,221 | $151.3M |
| Qube Research & Technologies Ltd | 0.26% | Add +5.0% | 1,045,744 | $139.0M |
| Ninety One UK Ltd | 0.38% | Add +0.7% | 1,030,354 | $137.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.56% | Add +22.4% | 1,002,513 | $133.3M |
| Origin Asset Management LLP | 33.06% | Add +3.8% | 994,701 | $132.2M |
| Prudential PLC | 0.91% | Add +22.9% | 989,157 | $131.5M |
| Victory Capital Management Inc. | 0.13% | Reduce -1.4% | 957,030 | $127.2M |
| Genesis Investment Management, LLP | 25.00% | Add +2.9% | 956,466 | $127.2M |
| Cederberg Capital Ltd | 41.56% | Reduce -16.0% | 951,000 | $126.4M |
| Man Group plc | 0.34% | Add +11.8% | 935,282 | $124.3M |
| WT Asset Management Ltd | 12.20% | Reduce -7.7% | 933,702 | $124.1M |
| Pinpoint Asset Management Ltd | 17.08% | Add +8.2% | 843,757 | $121.2M |
| First Trust Advisors LP | 0.12% | Reduce -15.1% | 904,241 | $120.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.03% | Reduce -92.1% | 891,622 | $118.5M |
| Franklin Resources Inc. | 0.04% | Add +28.9% | 884,952 | $117.7M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +18.1% | 881,697 | $117.2M |
| Manufacturers Life Insurance Company, The | 0.11% | Add +70.7% | 874,604 | $116.3M |
| Aberdeen Group plc | 0.22% | Add +33.6% | 874,272 | $116.2M |
| Principal Financial Group Inc. | 0.07% | Reduce -2.2% | 868,495 | $115.5M |
| Platinum Investment Management Ltd. | 4.67% | Add +55.5% | 867,447 | $115.3M |
| RWC Asset Advisors (us) LLC | 11.71% | Add +19.4% | 863,584 | $114.8M |
| IMC-Chicago, LLC | 3.61% | Add +172.7% | 846,216 | $112.5M |
| IvyRock Asset Management (HK) Ltd | 47.88% | Add +24.6% | 845,336 | $112.4M |
| CANADA LIFE ASSURANCE Co | 0.21% | Reduce -8.4% | 827,904 | $110.1M |
| Allianz Asset Management GmbH | 0.17% | Reduce -16.5% | 803,869 | $106.9M |
| Jane Street Group, LLC | 0.11% | Add +15.6% | 783,931 | $104.2M |
| AQR Capital Management | 0.16% | Reduce -2.1% | 785,155 | $103.7M |
| Coronation Fund Managers Ltd. | 5.85% | Reduce -43.7% | 762,647 | $101.4M |
| Citigroup Inc. | 0.10% | Add +11.9% | 759,207 | $100.9M |
| Causeway Capital Management LLC | 2.70% | Add +9.1% | 744,603 | $99.0M |
| Baron Capital (BAMCO) | 0.27% | Add +25.5% | 706,102 | $93.9M |
| Barings LLC | 2.25% | Add +14.2% | 689,810 | $91.7M |
| Russell Investments Group, Ltd. | 0.15% | Add +15.7% | 690,124 | $91.4M |
| Cat Rock Capital Management LP | 10.04% | Add +33.9% | 674,159 | $89.6M |
"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.