PDD HoldingsPDD
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 586 institutions reported holding PDD Holdings Inc. (PDD) in their 13F filings, down 16 from Q3 2024. 78 opened new positions and 117 sold out. The largest holders were Baillie Gifford & Co. ($3.7B), BlackRock, Inc. ($3.2B) and Vanguard Group Inc. ($2.8B). 16 famous investors held it, including Michael Burry (9.4% of Scion Asset Management's portfolio), David Tepper (8.1% of Appaloosa's portfolio) and Duan Yongping (4.8% of H&H International Investment'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 Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 78 | $1.2B |
| Exits | 117 | $1.2B |
All 13F filers, Q3 2024 → Q4 2024: 45,956,849 shares bought and 72,110,776 shares sold, net −26,153,927 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 586 holders
| Baillie Gifford & Co. | 2.84% | Add +5.4% | 38,059,343 | $3.7B |
| BlackRock, Inc. | 0.06% | Reduce -0.3% | 32,900,179 | $3.2B |
| Vanguard Group Inc. | 0.05% | Add +0.9% | 28,662,609 | $2.8B |
| FMR LLC | 0.15% | Add +22.3% | 25,603,183 | $2.5B |
| HSG Holding Ltd | 81.49% | Reduce -12.0% | 13,595,995 | $2.0B |
| State Street Corp. | 0.04% | Reduce -1.2% | 11,527,963 | $1.1B |
| SC US (ttgp), LTD. | 8.33% | Reduce -12.0% | 10,592,635 | $1.0B |
| Morgan Stanley | 0.06% | Reduce -18.1% | 8,638,668 | $837.9M |
| Norges Bank | 0.11% | Reduce -10.5% | 8,374,532 | $812.2M |
| FIL Ltd | 0.72% | Add +72.4% | 7,978,622 | $773.8M |
| JPMorgan Chase & Co. | 0.06% | Add +0.6% | 7,760,003 | $752.6M |
| H&H International Investment | 4.83% | Add +85.0% | 7,228,700 | $701.1M |
| T. Rowe Price Associates Inc. | 0.07% | Add +20.7% | 6,521,857 | $632.6M |
| Goldman Sachs Group Inc. | 0.11% | Reduce -32.1% | 5,841,778 | $566.6M |
| Geode Capital Management, LLC | 0.04% | Add +23.6% | 5,794,895 | $559.5M |
| Dragoneer Investment Group, LLC | 9.44% | Add +48.8% | 5,572,094 | $540.4M |
| Appaloosa | 8.08% | Add +1.0% | 5,356,132 | $519.5M |
| Sanders Capital, LLC | 0.73% | New | 5,154,878 | $500.0M |
| UBS Group AG | 0.11% | Add +65.0% | 5,024,809 | $487.4M |
| BNP Paribas Financial Markets | 0.36% | Add +8.4% | 4,763,849 | $462.0M |
| Greenwoods Asset Management Hong Kong Ltd. | 14.20% | Add +2.6% | 4,635,519 | $449.6M |
| HSBC Holdings PLC | 0.26% | Reduce -1.7% | 4,287,408 | $416.0M |
| E Fund Management Co., Ltd. | 20.83% | Reduce -8.3% | 4,276,861 | $414.8M |
| Legal & General Group Plc | 0.11% | Add +1.1% | 4,202,671 | $407.6M |
| SRS Investment Management, LLC | 5.60% | Reduce -6.6% | 4,064,381 | $394.2M |
| Assenagon Asset Management S.A. | 0.67% | Reduce -34.1% | 3,823,014 | $370.8M |
| First Beijing Investment Ltd | 25.93% | Add +5.9% | 3,765,809 | $365.2M |
| Invesco Ltd. | 0.07% | Reduce -21.6% | 3,664,660 | $355.4M |
| Northern Trust Corp. | 0.04% | Add +182.8% | 3,236,686 | $313.9M |
| IDG China Venture Capital Fund IV Associates L.P. | 65.53% | Reduce -5.7% | 2,910,430 | $282.3M |
| Nuveen Asset Management, LLC | 0.08% | Add +6.3% | 2,871,522 | $278.5M |
| Krane Funds Advisors LLC | 11.21% | Reduce -14.6% | 2,825,103 | $274.0M |
| HHLR Advisors, LTD. | 9.17% | Reduce -42.7% | 2,730,275 | $264.8M |
| Dimensional Fund Advisors LP | 0.06% | Add +7.5% | 2,672,902 | $259.0M |
| Tiger Global Management | 0.96% | New | 2,628,681 | $255.0M |
| Capital International Investors | 0.05% | New | 2,544,833 | $246.8M |
| Capital Today Evergreen Fund, L.P. | 85.82% | Add +60.1% | 2,493,586 | $241.9M |
| Deutsche Bank AG | 0.08% | Reduce -37.7% | 2,221,984 | $215.5M |
| Bank of America Corp. | 0.02% | Reduce -33.1% | 2,203,973 | $213.8M |
| Robeco Institutional Asset Management B.V. | 0.40% | Reduce -3.9% | 2,149,516 | $208.5M |
| Schroder Investment Management Group | 0.19% | Add +24.9% | 2,041,050 | $198.0M |
| Barclays PLC | 0.09% | Add +6.6% | 1,874,125 | $181.8M |
| Bank of New York Mellon Corp | 0.03% | Add +18.6% | 1,829,786 | $177.5M |
| Public Investment Fund | 0.86% | No change | 1,703,275 | $165.2M |
| Sumitomo Mitsui Trust Group, Inc. | 0.11% | Reduce -1.1% | 1,662,347 | $161.2M |
| Perseverance Asset Management International | 21.52% | Reduce -6.3% | 1,646,425 | $159.7M |
| Swiss National Bank | 0.10% | Reduce -0.2% | 1,572,244 | $152.5M |
| Citigroup Inc. | 0.14% | Add +84.0% | 1,521,140 | $147.5M |
| Macquarie Group Ltd. | 0.17% | Reduce -3.8% | 1,448,959 | $140.5M |
| Aberdeen Group plc | 0.26% | Add +12.7% | 1,397,319 | $136.6M |
| Whale Rock Capital Management | 1.57% | Reduce -10.3% | 1,370,266 | $132.9M |
| Squarepoint Ops LLC | 0.33% | Add +96.0% | 1,333,894 | $129.4M |
| GF Fund Management Co. LTD. | 2.78% | — | 1,324,803 | $128.5M |
| Prudential PLC | 0.64% | Reduce -7.9% | 1,305,809 | $126.7M |
| Bridgewater Associates | 0.55% | Reduce -0.4% | 1,246,898 | $120.9M |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd | 9.21% | Add +0.1% | 1,147,760 | $111.3M |
| Pictet Asset Management Holding SA | 0.12% | Reduce -29.8% | 1,116,324 | $108.3M |
| First Trust Advisors LP | 0.09% | Reduce -2.4% | 1,105,523 | $107.2M |
| National Bank of Canada | 0.13% | Reduce -26.3% | 1,070,118 | $103.8M |
| Temasek Holdings (Private) Ltd | 0.40% | Add +842.5% | 1,046,802 | $101.5M |
| Artisan Partners Limited Partnership | 0.16% | Add +56.4% | 1,041,444 | $101.0M |
| California Public Employees Retirement System | 0.06% | Reduce -8.2% | 993,591 | $96.4M |
| Renaissance Technologies | 0.14% | Add +56.3% | 947,500 | $91.9M |
| IvyRock Asset Management (HK) Ltd | 40.08% | Add +10.9% | 930,336 | $90.2M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +2.6% | 927,788 | $90.0M |
| CANADA LIFE ASSURANCE Co | 0.15% | Reduce -2.7% | 900,300 | $87.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.02% | Reduce -93.2% | 899,349 | $87.2M |
| Ameriprise Financial Inc. | 0.02% | Reduce -24.3% | 890,893 | $86.4M |
| AQR Capital Management | 0.11% | Add +4.1% | 884,082 | $85.7M |
| Citadel Advisors | 0.08% | Add +5.4% | 841,386 | $81.6M |
| Manufacturers Life Insurance Company, The | 0.07% | Add +2.2% | 830,880 | $80.6M |
| Marshall Wace, LLP | 0.10% | Reduce -53.6% | 829,661 | $80.5M |
| Cat Rock Capital Management LP | 10.43% | Add +19.2% | 822,714 | $79.8M |
| ProShare Advisors LLC | 0.18% | Add +14.9% | 808,375 | $78.4M |
| Wellington Management Group LLP | 0.01% | Reduce -11.3% | 788,510 | $76.5M |
| APG Asset Management N.V. | 0.21% | Add +16.1% | 789,528 | $74.0M |
| Barings LLC | 1.72% | Add +2.8% | 738,170 | $71.6M |
| Lazard Asset Management LLC | 0.11% | Reduce -1.4% | 727,124 | $70.5M |
| Tairen Capital Ltd | 10.15% | Reduce -87.1% | 712,134 | $69.1M |
| Russell Investments Group, Ltd. | 0.09% | Add +47.2% | 691,520 | $66.8M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.14% | Add +79.7% | 687,282 | $66.7M |
| BIT Capital GmbH | 5.82% | Add +85.5% | 685,365 | $66.5M |
| Fisher Asset Management | 0.03% | Reduce -2.2% | 682,693 | $66.2M |
| Triata Capital Ltd | 26.88% | — | 668,939 | $64.9M |
| Matthews International Capital Management LLC | 13.42% | Reduce -15.0% | 667,954 | $64.8M |
| Brilliance Asset Management Ltd. | 14.12% | Add +316.0% | 646,212 | $62.7M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.06% | Add +4.2% | 643,791 | $62.3M |
| Franchise Capital Ltd | 28.61% | Reduce -24.8% | 636,224 | $61.7M |
| Royal London Asset Management Ltd. | 0.15% | Add +82362.9% | 631,666 | $61.3M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.13% | Add +13.3% | 621,092 | $60.2M |
| Allianz Asset Management GmbH | 0.09% | Reduce -20.9% | 620,898 | $60.2M |
| Aviva PLC | 0.16% | Add +1.2% | 616,033 | $59.7M |
| Mitsubishi UFJ Trust & Banking Corp | 0.13% | Reduce -2.6% | 587,302 | $57.0M |
| Massachusetts Financial Services Co. | 0.02% | Reduce -13.7% | 578,161 | $56.1M |
| Polar Capital Holdings Plc | 0.31% | Add +7.5% | 569,612 | $55.2M |
| Cederberg Capital Ltd | 18.71% | No change | 568,300 | $55.1M |
| American Century Companies Inc. | 0.03% | Add +7.3% | 544,159 | $52.8M |
| Korea Investment CORP | 0.12% | Reduce -2.0% | 530,787 | $51.5M |
| Coronation Fund Managers Ltd. | 2.99% | Reduce -42.6% | 523,963 | $50.8M |
| Principal Financial Group Inc. | 0.03% | Reduce -23.1% | 517,077 | $50.2M |
"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.