PDD HoldingsPDD
13F holders, Q3 2024 (September 30)At the end of Q3 2024, 602 institutions reported holding PDD Holdings Inc. (PDD) in their 13F filings, down 44 from Q2 2024. 90 opened new positions and 138 sold out. The largest holders were Baillie Gifford & Co. ($4.9B), BlackRock, Inc. ($4.5B) and Vanguard Group Inc. ($3.8B). 16 famous investors held it, including David Tepper (10.7% of Appaloosa's portfolio), Duan Yongping (3.2% of H&H International Investment's portfolio) and Alex Sacerdote (2.9% 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 Q2 2024 → Q3 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 90 | $575.4M |
| Exits | 138 | $4.1B |
All 13F filers, Q2 2024 → Q3 2024: 54,815,955 shares bought and 68,749,512 shares sold, net −13,933,557 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 602 holders
| Baillie Gifford & Co. | 3.64% | Add +2.8% | 36,116,452 | $4.9B |
| BlackRock, Inc. | 0.09% | — | 33,011,134 | $4.5B |
| Vanguard Group Inc. | 0.07% | Add +0.5% | 28,393,947 | $3.8B |
| FMR LLC | 0.17% | Add +8.6% | 20,930,161 | $2.8B |
| HSG Holding Ltd | 74.66% | Reduce -5.2% | 15,444,770 | $1.9B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.46% | Add +1374.3% | 13,145,211 | $1.8B |
| SC US (ttgp), LTD. | 11.89% | Reduce -5.2% | 12,032,996 | $1.6B |
| State Street Corp. | 0.06% | Add +8.0% | 11,664,707 | $1.6B |
| Morgan Stanley | 0.10% | Reduce -12.0% | 10,544,435 | $1.4B |
| Norges Bank | 0.18% | Reduce -9.4% | 9,358,209 | $1.3B |
| Goldman Sachs Group Inc. | 0.22% | Reduce -23.2% | 8,598,318 | $1.2B |
| JPMorgan Chase & Co. | 0.08% | Reduce -6.8% | 7,717,419 | $1.0B |
| Assenagon Asset Management S.A. | 1.61% | Reduce -1.8% | 5,805,434 | $782.6M |
| T. Rowe Price Associates Inc. | 0.08% | Reduce -20.5% | 5,403,002 | $728.4M |
| Appaloosa | 10.66% | Add +173.3% | 5,301,132 | $714.6M |
| Tairen Capital Ltd | 23.56% | Add +2.5% | 5,515,377 | $665.1M |
| HHLR Advisors, LTD. | 14.11% | Reduce -46.4% | 4,766,780 | $642.6M |
| Invesco Ltd. | 0.12% | Reduce -13.8% | 4,671,736 | $629.8M |
| E Fund Management Co., Ltd. | 32.31% | Add +1.0% | 4,663,972 | $628.8M |
| Geode Capital Management, LLC | 0.05% | Add +12.3% | 4,686,505 | $627.1M |
| FIL Ltd | 0.57% | Reduce -12.6% | 4,627,995 | $623.9M |
| Greenwoods Asset Management Hong Kong Ltd. | 19.33% | Reduce -13.2% | 4,517,786 | $609.0M |
| BNP Paribas Financial Markets | 0.58% | Add +13.3% | 4,392,674 | $592.2M |
| HSBC Holdings PLC | 0.37% | Add +11.4% | 4,362,049 | $588.2M |
| SRS Investment Management, LLC | 8.74% | Add +19.3% | 4,351,517 | $586.6M |
| Legal & General Group Plc | 0.15% | Add +8.9% | 4,154,927 | $560.1M |
| H&H International Investment | 3.18% | Add +3693.8% | 3,907,600 | $526.8M |
| Dragoneer Investment Group, LLC | 8.78% | Add +42.9% | 3,744,241 | $504.8M |
| Deutsche Bank AG | 0.20% | Add +86.5% | 3,565,252 | $480.6M |
| First Beijing Investment Ltd | 35.19% | Add +27.7% | 3,554,719 | $479.2M |
| Krane Funds Advisors LLC | 16.03% | Reduce -5.4% | 3,308,100 | $446.0M |
| Bank of America Corp. | 0.04% | Reduce -10.5% | 3,293,460 | $444.0M |
| IDG China Venture Capital Fund IV Associates L.P. | 99.21% | Reduce -4.6% | 3,087,730 | $416.3M |
| UBS Group AG | 0.12% | Add +69.2% | 3,045,877 | $410.6M |
| Nuveen Asset Management, LLC | 0.10% | Add +48.2% | 2,701,254 | $364.2M |
| Coatue Management | 1.30% | Add +740.9% | 2,587,536 | $348.8M |
| Dimensional Fund Advisors LP | 0.08% | Add +7.3% | 2,486,877 | $335.9M |
| Robeco Institutional Asset Management B.V. | 0.60% | Reduce -15.4% | 2,235,475 | $301.4M |
| Marshall Wace, LLP | 0.32% | Reduce -15.1% | 1,788,512 | $241.1M |
| Barclays PLC | 0.10% | Reduce -10.4% | 1,758,358 | $237.0M |
| Perseverance Asset Management International | 27.31% | Add +10.9% | 1,757,906 | $237.0M |
| Public Investment Fund | 1.18% | No change | 1,703,275 | $229.6M |
| Sumitomo Mitsui Trust Group, Inc. | 0.16% | Add +16.0% | 1,680,380 | $226.5M |
| Schroder Investment Management Group | 0.23% | Reduce -16.5% | 1,634,631 | $221.3M |
| Alliancebernstein L.P. | 0.07% | Add +5.5% | 1,625,523 | $219.1M |
| Pictet Asset Management Holding SA | 0.24% | Add +24.4% | 1,590,073 | $214.4M |
| Swiss National Bank | 0.14% | Add +17.0% | 1,575,744 | $212.4M |
| Capital Today Evergreen Fund, L.P. | 82.87% | Add +7.1% | 1,557,732 | $210.0M |
| Bank of New York Mellon Corp | 0.04% | Add +2.5% | 1,542,809 | $208.0M |
| Whale Rock Capital Management | 2.89% | Add +26.8% | 1,527,323 | $205.9M |
| Macquarie Group Ltd. | 0.22% | Add +660.6% | 1,505,570 | $203.0M |
| National Bank of Canada | 0.26% | Add +150.5% | 1,452,075 | $195.8M |
| Prudential PLC | 0.97% | Add +43.3% | 1,417,842 | $191.1M |
| Arrowstreet Capital, Limited Partnership | 0.15% | Add +13.4% | 9,477,455 | $182.1M |
| Keystone Investors Pte Ltd. | 12.53% | Add +308.7% | 1,271,145 | $171.4M |
| Bridgewater Associates | 0.96% | Reduce -0.2% | 1,251,860 | $168.8M |
| Trivest Advisors Ltd | 9.45% | Reduce -25.9% | 1,233,700 | $166.3M |
| Aberdeen Group plc | 0.30% | Add +41.9% | 1,240,220 | $165.5M |
| Ameriprise Financial Inc. | 0.04% | Reduce -1.3% | 1,176,889 | $158.7M |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd | 15.42% | Add +110.9% | 1,147,200 | $154.7M |
| Northern Trust Corp. | 0.03% | Reduce -2.4% | 1,144,526 | $154.3M |
| First Trust Advisors LP | 0.15% | Add +25.2% | 1,132,285 | $152.6M |
| Platinum Investment Management Ltd. | 6.67% | Add +26.0% | 1,092,662 | $147.3M |
| California Public Employees Retirement System | 0.10% | Reduce -8.8% | 1,082,668 | $146.0M |
| SG Americas Securities, LLC | 0.50% | Add +327.2% | 964,618 | $130.0M |
| William Blair Investment Management, LLC | 0.32% | Reduce -49.2% | 949,976 | $128.0M |
| Pinpoint Asset Management Ltd | 27.22% | Add +8.4% | 914,797 | $126.8M |
| CANADA LIFE ASSURANCE Co | 0.22% | Add +11.8% | 925,660 | $124.9M |
| Coronation Fund Managers Ltd. | 6.82% | Add +19.6% | 912,484 | $123.0M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +2.5% | 904,016 | $121.9M |
| Wellington Management Group LLP | 0.02% | Add +55.9% | 888,438 | $119.8M |
| Genesis Investment Management, LLP | 23.14% | Reduce -7.2% | 887,951 | $119.7M |
| D. E. Shaw & Co. | 0.17% | Add +9120.5% | 883,973 | $119.2M |
| AQR Capital Management | 0.16% | Add +8.1% | 849,046 | $114.5M |
| Franchise Capital Ltd | 41.12% | Reduce -25.6% | 846,224 | $114.1M |
| IvyRock Asset Management (HK) Ltd | 49.53% | Reduce -0.8% | 838,536 | $113.0M |
| Scge Management, L.P. | 2.44% | Reduce -35.0% | 830,000 | $111.9M |
| Citigroup Inc. | 0.10% | Add +8.9% | 826,565 | $111.4M |
| Manufacturers Life Insurance Company, The | 0.10% | Reduce -7.0% | 813,038 | $109.6M |
| Citadel Advisors | 0.11% | Add +114.7% | 798,091 | $107.6M |
| Matthews International Capital Management LLC | 17.70% | Add +72.6% | 786,119 | $106.0M |
| Allianz Asset Management GmbH | 0.16% | Reduce -2.4% | 784,529 | $105.8M |
| Causeway Capital Management LLC | 2.55% | Add +3.3% | 768,777 | $103.6M |
| Lazard Asset Management LLC | 0.14% | Add +12.1% | 737,148 | $99.4M |
| Barings LLC | 2.29% | Add +4.1% | 717,945 | $96.8M |
| Simplex Trading, LLC | 3.23% | Add +89.8% | 710,095 | $95.7M |
| ProShare Advisors LLC | 0.23% | Add +8.1% | 703,412 | $94.8M |
| Fisher Asset Management | 0.04% | Add +13.8% | 697,867 | $94.1M |
| Cat Rock Capital Management LP | 10.54% | Add +2.4% | 690,159 | $93.0M |
| Squarepoint Ops LLC | 0.30% | Reduce -46.0% | 680,538 | $91.7M |
| Man Group plc | 0.27% | Reduce -27.5% | 677,888 | $91.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.23% | Add +2.9% | 676,655 | $91.2M |
| Principal Financial Group Inc. | 0.05% | Reduce -22.6% | 672,654 | $90.7M |
| Massachusetts Financial Services Co. | 0.03% | Add +63.5% | 669,605 | $90.3M |
| Artisan Partners Limited Partnership | 0.13% | Add +66.8% | 665,858 | $89.8M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.43% | Reduce -34.8% | 653,896 | $88.2M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.09% | Add +27.1% | 617,989 | $83.3M |
| APG Asset Management N.V. | 0.55% | Reduce -53.7% | 680,128 | $82.2M |
| Aviva PLC | 0.21% | Add +7.2% | 608,945 | $82.1M |
| Renaissance Technologies | 0.12% | Reduce -54.3% | 606,200 | $81.7M |
"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.