PDD HoldingsPDD
13F holders, Q1 2026 (March 31)568holders −6
67new positions
72sold out
11famous investors
$102.68avg. 13F price*
At the end of Q1 2026, 568 institutions reported holding PDD Holdings Inc. (PDD) in their 13F filings, down 6 from Q4 2025. 67 opened new positions and 72 sold out. The largest holders were BlackRock, Inc. ($4.0B), Baillie Gifford & Co. ($2.9B) and Vanguard Capital Management LLC ($2.5B). 11 famous investors held it, including Li Lu (14.7% of Himalaya Capital Management's portfolio), Duan Yongping (10.1% of H&H International Investment's portfolio) and David Tepper (1.5% of Appaloosa'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 Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 67 | $548.7M |
| Exits | 72 | $977.5M |
All 13F filers, Q4 2025 → Q1 2026: 51,054,907 shares bought and 59,117,969 shares sold, net −8,063,062 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 568 holders
| BlackRock, Inc. | 0.07% | Add +0.7% | 39,408,032 | $4.0B |
| Baillie Gifford & Co. | 2.96% | Reduce -8.6% | 28,353,099 | $2.9B |
| Vanguard Capital Management LLC | 0.06% | — | 24,125,658 | $2.5B |
| Invesco Ltd. | 0.20% | Reduce -3.1% | 20,498,425 | $2.1B |
| H&H International Investment | 10.09% | Add +71.2% | 19,748,294 | $2.0B |
| State Street Corp. | 0.04% | Reduce -1.8% | 12,033,697 | $1.2B |
| HSG Holding Ltd | 70.35% | No change | 11,348,426 | $1.1B |
| Goldman Sachs Group Inc. | 0.13% | Add +10.0% | 9,705,935 | $991.8M |
| NetEase, Inc. | 96.95% | Add +149.4% | 8,866,480 | $906.0M |
| SC US (ttgp), LTD. | 9.79% | No change | 8,841,576 | $903.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.18% | Add +2189441.6% | 8,583,003 | $877.0M |
| First Beijing Investment Ltd | 35.91% | Add +20.1% | 8,149,162 | $832.7M |
| Sanders Capital, LLC | 0.99% | Reduce -0.3% | 8,091,801 | $826.8M |
| JPMorgan Chase & Co. | 0.05% | Add +56.1% | 7,910,837 | $778.6M |
| Morgan Stanley | 0.05% | Add +24.2% | 7,388,892 | $755.0M |
| FIL Ltd | 0.54% | Add +5.1% | 6,849,271 | $699.9M |
| Geode Capital Management, LLC | 0.04% | Add +1.4% | 6,852,927 | $696.1M |
| Vanguard Fiduciary Trust Co. | 0.17% | — | 6,519,805 | $666.2M |
| SG Americas Securities, LLC | 0.72% | Add +94.6% | 6,301,820 | $643.9M |
| FMR LLC | 0.03% | Reduce -56.8% | 6,301,704 | $643.9M |
| Krane Funds Advisors LLC | 23.88% | Reduce -10.4% | 5,733,184 | $581.6M |
| Greenwoods Asset Management Hong Kong Ltd. | 13.45% | Add +28.6% | 5,103,804 | $521.5M |
| Temasek Holdings (Private) Ltd | 1.69% | Add +5.2% | 4,926,061 | $503.3M |
| Himalaya Capital Management | 14.71% | No change | 4,608,000 | $470.8M |
| E Fund Management Co., Ltd. | 13.94% | — | 4,593,053 | $469.3M |
| BNP Paribas Financial Markets | 0.31% | Reduce -11.5% | 4,554,257 | $465.4M |
| Dodge & Cox | 0.25% | Add +2.2% | 4,537,600 | $463.7M |
| Legal & General Group Plc | 0.10% | Add +2.4% | 4,248,046 | $434.1M |
| HHLR Advisors, LTD. | 25.44% | Reduce -61.1% | 4,165,029 | $425.6M |
| Dimensional Fund Advisors LP | 0.08% | Add +7.3% | 3,737,229 | $381.5M |
| HSBC Holdings PLC | 0.22% | Reduce -23.3% | 3,583,390 | $366.1M |
| Mitsubishi UFJ Trust & Banking Corp | 0.90% | Add +12.6% | 3,565,421 | $364.3M |
| T. Rowe Price Associates Inc. | 0.04% | Add +3.0% | 3,361,501 | $343.5M |
| Northern Trust Corp. | 0.04% | Reduce -0.9% | 3,161,546 | $323.0M |
| Schroder Investment Management Group | 0.25% | Reduce -27.8% | 2,986,687 | $305.2M |
| Brevan Howard Capital Management LP | 3.04% | New | 180,500 | $295.1M |
| Bank of America Corp. | 0.02% | Reduce -15.4% | 2,586,508 | $264.3M |
| UBS Group AG | 0.05% | Reduce -39.7% | 2,501,539 | $255.6M |
| Robeco Institutional Asset Management B.V. | 0.36% | Add +39.6% | 2,492,893 | $254.7M |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.20% | — | 2,307,468 | $235.8M |
| Barclays PLC | 0.08% | Reduce -15.0% | 2,259,963 | $230.9M |
| Assenagon Asset Management S.A. | 0.36% | Reduce -67.4% | 2,193,918 | $224.2M |
| Perseverance Asset Management International | 24.30% | Add +10.2% | 2,161,676 | $220.9M |
| Capital International Investors | 0.05% | Reduce -55.2% | 2,104,051 | $215.0M |
| American Century Companies Inc. | 0.11% | Add +70.9% | 2,089,680 | $213.5M |
| Triata Capital Ltd | 38.56% | Reduce -18.6% | 2,082,327 | $212.8M |
| Deutsche Bank AG | 0.07% | Reduce -27.9% | 2,000,494 | $204.4M |
| National Bank of Canada | 0.19% | Add +30.3% | 1,860,691 | $190.1M |
| IDG China Venture Capital Fund IV Associates L.P. | 81.52% | No change | 1,749,029 | $178.7M |
| Orbis Allan Gray Ltd | 0.75% | Add +49.3% | 1,744,048 | $178.2M |
| Massachusetts Financial Services Co. | 0.06% | Add +38.8% | 1,748,238 | $176.2M |
| Sumitomo Mitsui Trust Group, Inc. | 0.11% | Add +1.2% | 1,702,166 | $173.9M |
| Citigroup Inc. | 0.11% | Add +7.7% | 1,662,588 | $169.9M |
| Prudential PLC | 1.26% | Reduce -7.5% | 1,620,578 | $165.6M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.27% | Add +126.4% | 1,609,370 | $164.4M |
| Susquehanna International Group, LLP | 0.20% | Add +126.0% | 1,506,402 | $153.9M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +15.2% | 1,438,530 | $147.0M |
| Bank of New York Mellon Corp | 0.03% | Reduce -3.5% | 1,436,518 | $146.8M |
| Capital Today Evergreen Fund, L.P. | 81.80% | Reduce -15.2% | 1,385,004 | $141.5M |
| Swiss National Bank | 0.08% | Reduce -11.6% | 1,372,744 | $140.3M |
| Boundless Plain Holdings Ltd | 43.57% | No change | 1,294,753 | $132.3M |
| California Public Employees Retirement System | 0.08% | Add +5.8% | 1,265,353 | $129.3M |
| Nuveen, LLC | 0.03% | Reduce -26.8% | 1,234,912 | $126.2M |
| First Trust Advisors LP | 0.09% | Add +3.3% | 1,196,946 | $122.3M |
| AustralianSuper Pty Ltd | 0.62% | Add +1381.4% | 1,173,300 | $119.9M |
| IvyRock Asset Management (HK) Ltd | 65.78% | Add +15.5% | 1,145,409 | $117.0M |
| Renaissance Technologies | 0.18% | Add +306.2% | 1,112,700 | $113.7M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.24% | Add +369.5% | 1,017,683 | $104.0M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.06% | Add +9.4% | 942,174 | $96.3M |
| Nomura Asset Management International Inc. | 0.16% | Reduce -10.6% | 938,402 | $95.9M |
| Appaloosa | 1.55% | Reduce -49.3% | 900,000 | $92.0M |
| Pictet Asset Management Holding SA | 0.10% | Reduce -27.0% | 899,487 | $91.9M |
| Citadel Advisors | 0.07% | Add +183.8% | 894,578 | $91.4M |
| Russell Investments Group, Ltd. | 0.10% | Reduce -16.6% | 896,580 | $90.5M |
| ProShare Advisors LLC | 0.13% | Reduce -17.6% | 869,588 | $88.9M |
| Aberdeen Group plc | 0.14% | Reduce -16.5% | 846,526 | $86.5M |
| GF Fund Management Co. LTD. | 1.42% | Reduce -18.5% | 830,784 | $84.9M |
| Evergreen Quality Fund GP, Ltd. | 1.90% | Reduce -5.8% | 812,916 | $83.1M |
| Lazard Asset Management LLC | 0.14% | Add +2.5% | 804,411 | $82.2M |
| Royal London Asset Management Ltd. | 0.16% | Add +5.4% | 734,072 | $75.0M |
| Brilliance Asset Management Ltd. | 21.23% | Add +18.4% | 704,489 | $72.0M |
| USS Investment Management Ltd | 0.30% | Add +86.0% | 697,636 | $71.3M |
| Allspring Global Investments Holdings, LLC | 0.12% | Add +23.2% | 685,841 | $69.8M |
| Franklin Resources Inc. | 0.02% | Reduce -15.6% | 677,701 | $69.2M |
| Aviva PLC | 0.11% | Add +1.5% | 650,733 | $66.5M |
| Barings LLC | 1.11% | Reduce -0.8% | 649,229 | $66.3M |
| True Light Capital Pte. Ltd. | 32.34% | Add +4.0% | 626,300 | $64.0M |
| Walleye Trading LLC | 1.28% | Reduce -31.1% | 610,643 | $62.4M |
| Polar Capital Holdings Plc | 0.27% | Add +4.4% | 603,005 | $61.6M |
| Sei Investments Co. | 0.06% | Add +31.9% | 593,182 | $60.6M |
| Korea Investment CORP | 0.12% | Add +5.0% | 582,587 | $59.5M |
| Fisher Asset Management | 0.02% | Add +1.2% | 579,831 | $59.2M |
| CANADA LIFE ASSURANCE Co | 0.10% | Add +1.8% | 558,450 | $57.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.07% | Reduce -0.6% | 523,959 | $53.5M |
| Carrhae Capital LLP | 3.72% | Add +131.4% | 515,274 | $52.7M |
| Anatole Investment Management Ltd | 7.17% | Reduce -39.9% | 502,925 | $51.4M |
| Franchise GP Ltd | 18.71% | Add +64.6% | 497,860 | $50.9M |
| Kora Management LP | 7.15% | No change | 490,650 | $50.1M |
| Wellington Management Group LLP | 0.01% | Reduce -40.3% | 484,518 | $49.5M |
| Harvest Fund Management Co., Ltd | 2.10% | Add +14.2% | 482,241 | $49.3M |
"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.