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

0200400600800 Q1 2024: 575Q1 2024Q2 2024: 646Q2 2024Q3 2024: 602Q3 2024Q4 2024: 586Q4 2024Q1 2025: 584Q1 2025Q2 2025: 537Q2 2025Q3 2025: 559Q3 2025Q4 2025: 574Q4 2025Q1 2026: 568Q1 2026Q2 2026: 508Q2 2026

Total Exit/New Position Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions67$548.7M
Exits72$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
KBC Group NV 0.12% Add +101.2% 481,118 $49.2M
IMC-Chicago, LLC 0.73% Add +35.1% 469,789 $48.0M
Arrowstreet Capital, Limited Partnership 0.02% Add +47.7% 451,093 $46.1M
OVERSEA-CHINESE BANKING Corp Ltd 1.33% Add +10.8% 443,437 $45.3M
Cat Rock Capital Management LP 6.99% Reduce -1.1% 440,228 $45.0M
Man Group plc 0.09% Reduce -20.9% 422,281 $43.1M
Green Court Capital Management Ltd 39.76% Reduce -50.9% 420,558 $43.0M
Public Sector Pension Investment Board 0.13% Add +0.4% 416,130 $42.5M
Punch Card Management L.P. 15.67% No change 415,004 $42.4M
DekaBank Deutsche Girozentrale 0.07% No change 408,010 $42.4M
Polymer Capital Management (HK) LTD 5.92% Add +9.2% 413,457 $42.2M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% Reduce -20.3% 398,332 $40.4M
Marex Group Ltd 0.42% Add +97.5% 394,289 $40.3M
Capital International, Inc. 0.31% Reduce -3.9% 393,398 $40.2M
Two Sigma Investments, LP 0.03% New 392,088 $40.1M
Nomura Holdings Inc. 0.33% Add +1.3% 389,080 $39.8M
Tudor Investment Corporation 0.21% Add +154.6% 385,372 $39.4M
Cederberg Capital Ltd 21.01% Reduce -49.3% 383,100 $39.1M
Handelsbanken Fonder AB 0.13% Add +31.4% 380,279 $38.9M
NEOS Investment Management LLC 0.19% Add +30.8% 365,302 $37.3M
California State Teachers Retirement System 0.04% Add +17.2% 362,290 $37.0M
Serenity Capital Management Pte. LTD. 8.88% New 360,000 $36.8M
Allianz Asset Management GmbH 0.04% Reduce -48.5% 355,681 $36.3M
Mirae Asset Global Investments Co., Ltd. 0.10% Reduce -6.0% 342,644 $35.0M
TB Alternative Assets Ltd. 7.23% No change 340,228 $34.8M
Bank of Montreal 0.01% Reduce -5.9% 330,239 $33.7M
WCM Investment Management, LLC 0.08% Add +49.6% 341,815 $33.6M
Todd Asset Management LLC 0.65% Add +4.2% 325,380 $33.2M
Royal Bank of Canada 0.01% Reduce -51.7% 324,785 $33.2M
Marshall Wace, LLP 0.04% Reduce -92.8% 322,585 $33.0M
Victory Capital Management Inc. 0.02% Reduce -5.5% 314,997 $32.2M
E Fund Management (Hong Kong) Co., Ltd. 12.99% Reduce -4.6% 279,435 $28.6M
Mackenzie Financial Corp. 0.03% Reduce -34.4% 276,877 $28.3M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.17% Reduce -0.4% 274,000 $28.0M
Voya Investment Management LLC 0.03% Add +21.6% 273,785 $28.0M
Tiger Pacific Capital LP 12.94% New 271,524 $27.7M
Centiva Capital, LP 1.28% Reduce -33.2% 267,255 $27.3M
Credit Agricole S A 0.09% Add +11.3% 266,808 $27.3M
Taikang Asset Management (Hong Kong) Co Ltd 2.68% Add +176.0% 264,003 $27.0M
Global X Japan Co., Ltd. 1.35% Add +16.1% 257,895 $26.4M
Causeway Capital Management LLC 0.30% Reduce -36.2% 237,010 $24.2M
M&G PLC 0.13% Reduce -27.3% 236,634 $24.1M
Manufacturers Life Insurance Company, The 0.02% Reduce -51.3% 235,955 $24.1M
Exchange Traded Concepts, LLC 0.17% Reduce -8.5% 222,057 $22.7M
Teachers Retirement System of the State of Kentucky 0.17% Add +4.7% 220,640 $22.5M
Itau Unibanco Holding S.A. 0.54% Add +60.9% 219,427 $22.4M
PEAK6 LLC 0.64% Reduce -50.6% 214,969 $22.0M
BI Asset Management Fondsmaeglerselskab A/S 0.23% Reduce -4.5% 211,209 $21.6M
National Pension Service 0.02% Add +6.8% 210,155 $21.5M
KLP Kapitalforvaltning As 0.08% Add +12.2% 203,500 $20.8M
Matthews International Capital Management LLC 8.25% Reduce -46.3% 198,922 $20.3M
Maytree Asset Management Ltd 13.98% Reduce -62.3% 193,600 $19.8M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% Reduce -32.9% 192,368 $19.7M
Cantor Fitzgerald, L. P. 0.68% Add +67.8% 183,098 $18.7M
Ameriprise Financial Inc. 0.00% Reduce -27.9% 182,500 $18.6M
Resona Asset Management Co.,Ltd. 0.09% Add +2.0% 183,179 $18.6M
Jane Street Group, LLC 0.02% Add +220.9% 176,715 $18.1M
Neuberger Berman Group LLC 0.01% Add +46.9% 176,486 $18.0M
Charles-Lim Capital Ltd 5.93% Reduce -65.0% 175,000 $17.9M
NorthCoast Asset Management LLC 0.40% Add +1811.2% 169,087 $17.3M
Acadian Asset Management LLC 0.02% Reduce -88.3% 164,918 $16.8M
Vanguard Investments Australia, Ltd. 0.05% — 162,669 $16.6M
CIBC Asset Management Inc 0.04% Add +1.8% 153,685 $15.7M
Ardmore Road Asset Management LP 1.03% New 153,000 $15.6M
Nan Fung Trinity (hk) Ltd. 1.72% Add +41.4% 152,900 $15.6M
Headwater Capital Co Ltd 2.46% Reduce -42.3% 150,000 $15.3M
Millennium Management 0.01% Reduce -61.2% 148,302 $15.2M
LMR Partners LLP 0.18% Reduce -79.9% 147,253 $15.0M
Himension Capital (singapore) Pte. LTD. 1.15% Add +14.2% 145,939 $14.9M
Public Employees Retirement System of Ohio 0.05% Reduce -26.4% 145,453 $14.9M
Lansforsakringar Fondforvaltning AB (publ) 0.07% Add +1.9% 139,939 $14.3M
LSV Asset Management 0.03% New 136,900 $14.0M
HRT Financial LP 0.03% New 134,871 $13.8M
Wells Fargo & Company 0.00% Reduce -1.4% 133,553 $13.6M
Nomura Asset Management Co. Ltd. 0.03% Add +2.5% 132,147 $13.5M
Guggenheim Capital LLC 0.11% Reduce -18.9% 129,461 $13.2M
Swiss Life Asset Management Ltd 0.06% Add +37.5% 127,046 $13.0M
Asset Management One Co., Ltd. 0.04% Add +0.2% 118,698 $12.1M
Rafferty Asset Management, LLC 0.05% Add +5.7% 118,381 $12.1M
Danske Bank A/S 0.03% Add +7.7% 117,512 $12.0M
Oasis Management Co Ltd. 1.60% New 114,000 $11.6M
Orland Properties Ltd 4.36% Reduce -18.0% 113,835 $11.6M
Candriam S.C.A. 0.06% Reduce -19.1% 113,100 $11.6M
Nissay Asset Management Corp. /Japan 0.06% Add +4.3% 112,450 $11.5M
Eurizon Capital SGR S.p.A. 0.03% Add +8.0% 104,372 $10.7M
Old Mission Capital LLC 0.24% Add +2157.1% 100,149 $10.2M
Daiwa Securities Group Inc. 0.03% Add +29.6% 99,600 $10.2M
Leonteq Securities AG 0.61% Add +71.4% 99,141 $10.1M
Abu Dhabi Investment Council Co P.J.S.C 1.04% — 94,142 $10.1M
Union Bancaire Privee, UBP SA 0.14% Add +25.8% 109,760 $9.8M
PARUS FINANCE (UK) Ltd 2.89% Reduce -16.0% 94,543 $9.7M
Alpine Investment Management Ltd 4.68% Reduce -69.2% 94,336 $9.6M
XTX Topco Ltd 0.17% New 93,767 $9.6M
Tidal Investments LLC 0.03% Reduce -6.4% 90,383 $9.5M
DNB Asset Management AS 0.03% Add +33.6% 89,229 $9.1M
Creative Planning 0.01% Add +98.8% 88,702 $9.1M
CI Investments Inc. 0.04% Add +881.4% 88,167 $9.0M
iA Global Asset Management Inc. 0.12% Reduce -6.0% 85,201 $8.7M
Group One Trading LLC 0.28% New 84,414 $8.6M
Police & Firemen's Retirement System of New Jersey 0.07% No change 83,999 $8.6M
Siren, L.L.C. 0.24% Add +31.6% 83,401 $8.5M
Nearwater Capital Markets, Ltd 0.20% No change 83,100 $8.5M
Profund Advisors LLC 0.31% Reduce -12.2% 82,749 $8.5M
FACT Capital, LP 5.53% Add +11.3% 81,435 $8.3M
Panagora Asset Management Inc. 0.03% Reduce -34.8% 80,742 $8.3M
Platinum Investment Management Ltd. 2.02% No change 78,445 $8.0M
Orion Porfolio Solutions, LLC 0.07% Add +0.6% 78,039 $8.0M
Federation des caisses Desjardins du Quebec 0.03% Add +52.5% 76,386 $7.8M
IFM Investors Pty Ltd 0.06% Add +0.5% 75,408 $7.7M
Step Capital Management Pte. Ltd. 3.08% No change 75,000 $7.7M
Shelton Capital Management 0.17% Reduce -2.8% 74,062 $7.6M
TD Asset Management Inc 0.01% Reduce -15.3% 73,430 $7.5M
ABS Direct Equity Fund LLC 5.72% Add +31.8% 75,800 $7.5M
Alliancebernstein L.P. 0.00% Reduce -93.0% 65,067 $7.4M
Vontobel Holding Ltd. 0.02% Add +73.0% 70,562 $7.2M
Quantinno Capital Management LP 0.01% Add +33.1% 70,160 $7.2M
Rakuten Investment Management, Inc. 0.01% Add +13.8% 71,371 $7.0M
ANTIPODES PARTNERS Ltd 0.13% Reduce -32.0% 66,765 $6.8M
Macquarie Group Ltd. 0.04% Reduce -33.7% 66,544 $6.8M
Janney Montgomery Scott LLC 0.02% New 66,375 $6.8M
LBP Am SA 0.09% Add +11.9% 66,000 $6.7M
Pinpoint Asset Management (Singapore) Pte. Ltd. 1.90% Reduce -89.5% 65,946 $6.7M
Rhumbline Advisers 0.01% Reduce -9.9% 65,587 $6.7M
Mediolanum International Funds Ltd 0.07% New 65,218 $6.4M
Baron Capital (BAMCO) 0.02% Reduce -0.7% 61,948 $6.3M
OMERS ADMINISTRATION Corp 0.04% Add +120.8% 61,405 $6.3M
Prudential Financial Inc. 0.01% Reduce -1.3% 60,222 $6.2M
Boston Partners 0.01% New 59,347 $6.1M
Capitolis Liquid Global Markets LLC 0.04% — 57,459 $5.9M
CastleKnight Management LP 0.27% No change 56,700 $5.8M
Comgest Global Investors S.A.S. 0.12% No change 55,752 $5.7M
Thrivent Financial for Lutherans 0.01% Add +24.2% 55,267 $5.6M
Crake Asset Management LLP 0.20% Add +19.6% 55,000 $5.6M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.03% Reduce -6.0% 54,660 $5.6M
Gulf International Bank (UK) Ltd 0.12% Add +59.3% 53,971 $5.5M
Yarbrough Capital, LLC 0.19% No change 53,202 $5.4M
Squarepoint Ops LLC 0.01% Add +1247.2% 52,676 $5.4M
Walleye Capital LLC 0.04% Reduce -28.3% 52,497 $5.4M
Saba Capital Management, L.P. 0.17% Add +42.8% 51,870 $5.3M
New York State Common Retirement Fund 0.01% Reduce -25.9% 51,300 $5.2M
Seldon Capital LP 1.90% Add +4.8% 50,559 $5.2M
Dymon Asia Capital (singapore) Pte. LTD. 1.13% Reduce -22.4% 50,390 $5.1M
Yong Rong (HK) Asset Management Ltd 2.34% No change 50,000 $5.1M
Brooklyn Investment Group 0.16% Add +55.3% 49,618 $5.1M
O'shaughnessy Asset Management, LLC 0.03% Reduce -8.0% 48,940 $5.0M
Virtus Family Office LLC 4.22% Add +30.4% 48,438 $4.9M
Y-Intercept (Hong Kong) Ltd 0.09% New 48,419 $4.9M
B. Metzler seel. Sohn & Co. AG 0.05% Reduce -17.9% 47,795 $4.9M
Sumitomo Mitsui DS Asset Management Company, Ltd 0.04% Add +2.2% 46,847 $4.8M
Tower Research Capital LLC (TRC) 0.12% Add +21.2% 46,461 $4.7M
AIA Group Ltd 0.07% Add +27.6% 45,358 $4.6M
Louisiana State Employees Retirement System 0.08% Reduce -1.8% 43,900 $4.5M
Capstone Capital Management Ltd 4.31% Add +85.8% 41,868 $4.3M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% Add +11.2% 39,841 $4.1M
OPTIMAS CAPITAL Ltd 8.81% Reduce -68.1% 38,413 $3.9M
Crossmark Global Holdings, Inc. 0.06% Add +15.6% 37,997 $3.9M
Varma Mutual Pension Insurance Co 0.02% No change 37,500 $3.8M
Van Eck Associates Corp. 0.00% Reduce -0.5% 36,376 $3.7M
LPL Financial LLC 0.00% Reduce -9.5% 35,139 $3.6M
Havemeyer Place LP 0.41% New 35,074 $3.6M
Freemont Capital Pte Ltd 0.07% No change 35,000 $3.6M
Mawer Investment Management Ltd. 0.02% No change 34,390 $3.5M
Ensign Peak Advisors, Inc 0.01% Reduce -6.1% 34,000 $3.5M
Atom Investors LP 0.25% New 33,616 $3.4M
Titan Wealth (CI) Ltd 1.46% New 33,024 $3.4M
China Universal Asset Management Co., Ltd. 0.25% Reduce -18.9% 32,489 $3.3M
Northwestern Mutual Wealth Management Co. 0.00% Add +80.7% 31,996 $3.3M
Verition Fund Management LLC 0.03% Reduce -2.2% 31,101 $3.2M
Marathon Trading Investment Management LLC 0.94% Reduce -51.4% 30,637 $3.1M
Alps Advisors Inc. 0.01% Add +4.1% 30,225 $3.1M
Parametrica Management Ltd 3.40% No change 29,230 $3.0M
Turn8 Private Wealth Inc. 1.85% Add +18.4% 28,946 $3.0M
Envestnet Asset Management Inc. 0.00% Add +111.2% 28,292 $2.9M
DRW Securities, LLC 0.16% Add +266.1% 28,189 $2.9M
Nipun Capital, L.P. 1.42% No change 28,000 $2.9M
SIH Partners, LLLP 0.09% New 27,686 $2.8M
Norinchukin Bank, The 0.03% Add +9.3% 27,661 $2.8M
Ssa Swiss Advisors AG 1.30% No change 27,445 $2.8M
Stelac Advisory Services LLC 0.57% New 27,445 $2.8M
Edmond DE Rothschild Holding S.A. 0.04% Reduce -26.9% 27,163 $2.8M
Amiral Gestion 1.53% Reduce -3.6% 27,000 $2.8M
Jupiter Asset Management Ltd. 0.01% Reduce -85.1% 26,973 $2.8M
Jump Financial, LLC 0.05% Add +634.0% 26,858 $2.7M
Capital International Sarl 0.04% Reduce -6.1% 26,050 $2.7M
Los Angeles Capital Management LLC 0.01% New 25,123 $2.6M
PKO Investment Management Joint-Stock Co 0.21% No change 25,000 $2.6M
Mariner, LLC 0.00% Add +12.8% 24,913 $2.5M
Ameritas Investment Partners, Inc. 0.08% No change 24,147 $2.5M
Vident Advisory, LLC 0.02% Reduce -58.4% 23,838 $2.4M
State of New Jersey Common Pension Fund D 0.01% Reduce -43.4% 22,862 $2.3M
Hantz Financial Services, Inc. 0.04% Add +1.6% 22,821 $2.3M
Pacer Advisors, Inc. 0.01% Reduce -53.5% 22,554 $2.3M
Cetera Investment Advisers 0.00% Add +107.0% 22,493 $2.3M
GAM Holding AG 0.20% No change 22,196 $2.3M
LB Partners LLC 2.02% New 22,000 $2.2M
Numerai GP LLC 0.22% New 21,728 $2.2M
Limestone Investment Advisors LP 1.09% New 21,679 $2.2M
Fosun International Ltd 0.60% Add +92.9% 21,289 $2.2M
AE Wealth Management LLC 0.01% Add +15.5% 20,678 $2.1M
Ping Capital Management, Inc. 0.81% New 20,500 $2.1M
Qtron Investments LLC 0.28% Reduce -4.3% 20,446 $2.1M
Cerity Partners LLC 0.00% Add +8.0% 20,350 $2.1M
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund 0.04% New 20,200 $2.1M
Intech Investment Management LLC 0.02% Reduce -13.3% 20,140 $2.1M
Maniro Ltd 0.62% Add +9.0% 20,000 $2.0M
RBF Capital, LLC 0.10% New 20,000 $2.0M
Natixis 0.01% Add +167.7% 19,966 $2.0M
Horizon Investments, LLC 0.02% Reduce -4.3% 19,834 $2.0M
RWC Asset Advisors (us) LLC 0.43% Reduce -17.9% 19,727 $2.0M
Empowered Funds, LLC 0.01% New 19,105 $2.0M
NewEdge Wealth, LLC 0.02% Add +21.9% 19,003 $1.9M
Quadrature Capital Ltd 0.02% Reduce -63.0% 18,571 $1.9M
Yousif Capital Management, LLC 0.02% No change 18,501 $1.9M
Vanguard Personalized Indexing Management, LLC 0.02% Add +2.9% 18,195 $1.9M
Farther Finance Advisors, LLC 0.02% Add +30.8% 17,698 $1.8M
Capula Management Ltd 0.02% Reduce -49.0% 17,584 $1.8M
US Bancorp \de 0.00% Add +180.7% 17,331 $1.8M
Wahed Invest LLC 0.23% Add +16.0% 17,129 $1.8M
Vise Technologies, Inc. 0.03% No change 15,131 $1.7M
Henry James International Management Inc. 0.60% No change 16,148 $1.7M
Laird Norton Wetherby Trust Company, LLC 0.03% Reduce -1.9% 15,543 $1.6M
Caitong International Asset Management Co., Ltd 0.29% New 15,463 $1.6M
Kepler Cheuvreux (Suisse) SA 0.10% Reduce -46.9% 14,882 $1.5M
Persistent Asset Partners Ltd 0.58% Reduce -10.3% 14,732 $1.5M
CMT Capital Markets Trading GmbH 0.68% Reduce -77.3% 14,433 $1.5M
Maxi Investments CY Ltd 0.32% No change 14,308 $1.5M
HBK Investments L P 0.02% New 13,752 $1.4M
Wexford Capital LP 0.23% Reduce -54.9% 13,691 $1.4M
Solstein Capital, LLC 0.57% Reduce -4.4% 13,603 $1.4M
Polaris Capital Management, LLC 0.11% Add +138.6% 13,600 $1.4M
Banco Santander, S.A. 0.01% Add +5.2% 13,430 $1.4M
Advisory Services Network, LLC 0.02% Reduce -20.1% 13,150 $1.3M
QRG Capital Management, Inc. 0.01% Add +21.9% 12,930 $1.3M
Private Advisor Group, LLC 0.01% Reduce -5.3% 12,896 $1.3M
Maytus Capital Management, LLC 0.23% New 12,789 $1.3M
Osaic Holdings, Inc. 0.00% Add +48.1% 12,631 $1.3M
Prelude Capital Management, LLC 0.10% Reduce -32.1% 12,495 $1.3M
Cigna Investments Inc. 0.19% Reduce -1.6% 12,260 $1.3M
Fullerton Fund Management Co Ltd. 0.10% Add +49.1% 12,194 $1.2M
Ritholtz Wealth Management 0.02% Reduce -9.4% 12,041 $1.2M
EFG International AG 0.03% Add +0.2% 12,036 $1.2M
Cibc World Market Inc. 0.00% Add +77.0% 11,710 $1.2M
Ieq Capital, LLC 0.01% Add +0.1% 11,673 $1.2M
Sicart Associates LLC 0.31% No change 11,631 $1.2M
Bracebridge Capital, LLC 0.21% Add +28.9% 11,600 $1.2M
Focus Partners Wealth 0.00% Reduce -18.5% 11,311 $1.2M
one8zero8, LLC 0.26% Add +389.1% 11,250 $1.1M
Main Management ETF Advisors, LLC 0.04% New 11,087 $1.1M
ICICI Prudential Asset Management Co Ltd 0.14% Add +3.3% 11,069 $1.1M
D. E. Shaw & Co. 0.00% New 10,940 $1.1M
Compound Planning, Inc. 0.03% Add +17.4% 10,701 $1.1M
Pathstone Holdings, LLC 0.00% Reduce -3.3% 10,414 $1.1M
Advisors Preferred, LLC 0.15% Add +197.7% 10,230 $1.0M
Aaron Wealth Advisors LLC 0.06% Add +154.6% 10,089 $1.0M
Veritas Asset Management LLP 0.02% Reduce -55.5% 10,020 $1.0M
Capstone Investment Advisors, LLC 0.01% Add +49.6% 9,986 $1.0M
Moon Capital Management LP 0.61% New 9,868 $1.0M
SummitTX Capital, L.P. 0.03% Add +117.4% 9,842 $1.0M
NLB Skladi, upravljanje premozenja, d.o.o. 0.05% Reduce -40.8% 9,686 $990K
Quadrant Capital Group LLC 0.03% Reduce -54.8% 9,588 $980K
Texas Yale Capital Corp. 0.03% Reduce -18.8% 9,528 $974K
Sequoia Financial Advisors, LLC 0.01% Add +62.7% 9,512 $972K
Legacy Capital Group California, Inc. 0.37% Add +204.8% 9,423 $963K
Clough Capital Partners L P 0.09% Add +8.3% 9,155 $935K
Corient Private Wealth LP 0.00% Add +9.0% 9,201 $934K
Oddo BHF Asset Management Sas 0.04% Add +97.8% 9,100 $930K
STRS Ohio 0.00% Reduce -78.5% 9,018 $921K
Titan Investment Solutions Ltd 0.12% New 8,839 $903K
Intercapital, LLC 0.50% Reduce -26.1% 8,800 $899K
State of Wyoming 0.10% Reduce -6.7% 8,660 $885K
Signaturefd, LLC 0.01% Add +7.5% 8,548 $873K
Abn Amro Investment Solutions 0.01% Add +31.8% 8,300 $848K
HighTower Advisors, LLC 0.00% Reduce -3.7% 8,174 $835K
State of Wisconsin Investment Board 0.00% Add +4.0% 8,062 $824K
Rockefeller Capital Management L.P. 0.00% Add +38.3% 7,700 $787K
Bridgefront Capital, LLC 0.19% New 7,613 $778K
Caption Management, LLC 0.04% New 7,500 $766K
ABN AMRO Bank N.V. 0.01% No change 7,293 $749K
Boothbay Fund Management, LLC 0.02% Reduce -54.6% 7,302 $746K
Balyasny Asset Management L.P. 0.00% Reduce -97.8% 7,209 $737K
Pinebridge Investments Asia Ltd. 0.25% Reduce -18.5% 7,200 $736K
Fairtree Asset Management (Pty) Ltd 0.34% Reduce -29.8% 7,169 $733K
Paradiem, LLC 0.16% Reduce -13.4% 6,979 $713K
Alphadyne Asset Management LP 0.09% New 6,949 $710K
HighVista Strategies LLC 0.19% New 6,900 $705K
PNC Financial Services Group, Inc. 0.00% Add +11.0% 6,894 $704K
Toronto Dominion Bank 0.00% Reduce -39.8% 6,755 $690K
Penserra Capital Management LLC 0.01% Reduce -10.4% 6,726 $687K
Axq Capital, LP 0.09% New 6,703 $685K
NINE MASTS CAPITAL Ltd 0.15% No change 6,586 $673K
ING Groep NV 0.00% Add +69.2% 6,578 $672K
LGT Fund Management Co Ltd. 0.03% New 6,417 $656K
Global Endowment Management, LP 0.07% No change 6,358 $650K
Frank, Rimerman Advisors LLC 0.04% Add +58.7% 6,360 $650K
M&T Bank Corp 0.00% Reduce -66.8% 6,305 $644K
Compagnie Lombard Odier SCmA 0.01% Add +396.0% 6,200 $634K
Alberta Investment Management Corp 0.00% Reduce -46.0% 6,100 $623K
Flossbach Von Storch SE 0.00% Add +7.3% 6,081 $621K
Banque Cantonale Vaudoise 0.02% Add +7.0% 6,064 $620K
111 Capital 0.15% Reduce -3.0% 5,839 $597K
Banco Bilbao Vizcaya Argentaria, S.A. 0.00% Add +24.9% 5,929 $591K
Northwest & Ethical Investments L.P. 0.01% New 5,680 $580K
Hennion & Walsh Asset Management, Inc. 0.02% Reduce -13.0% 5,656 $578K
Sava Infond d.o.o. 0.08% Reduce -40.4% 5,600 $572K
CIBC Bancorp USA Inc. 0.00% — 5,570 $569K
Howard Capital Management, LLC 0.01% Reduce -60.6% 5,526 $565K
Raiffeisen Bank International AG 0.01% New 5,687 $560K
Quantbot Technologies LP 0.02% Reduce -19.7% 5,441 $556K
Merit Financial Group, LLC 0.00% Reduce -22.5% 5,377 $549K
May Hill Capital, LLC 0.13% Add +42.9% 5,157 $527K
Bailard, Inc. 0.01% Add +0.1% 5,007 $512K
Caxton Associates LLP 0.01% New 5,000 $511K
TCW Group Inc. 0.00% No change 4,881 $499K
Savant Capital, LLC 0.00% Add +72.8% 4,865 $497K
Oaktree Capital Management 0.01% New 4,823 $493K
Osmosis Investment Management UK Ltd 0.01% Reduce -15.0% 4,735 $484K
Captrust Financial Advisors 0.00% New 4,684 $479K
NewEdge Advisors, LLC 0.00% Add +3.0% 4,677 $478K
Advisors Asset Management, Inc. 0.01% Add +28.6% 4,588 $469K
Cardiff Park Advisors, LLC 0.04% No change 4,556 $466K
National Philanthropic Trust 0.00% No change 4,526 $462K
Parallel Advisors, LLC 0.01% Add +45.4% 4,523 $462K
Baader Bank Aktiengesellschaft 0.05% Add +52.0% 4,670 $458K
Jones Financial Companies LLLP 0.00% Add +148.5% 4,553 $454K
Genus Capital Management Inc. 0.05% Add +13.2% 4,295 $439K
Fifth Third Bancorp 0.00% Add +15.7% 4,223 $432K
Commonwealth Equity Services, LLC 0.00% Add +6.9% 4,182 $427K
Institute for Wealth Management, LLC. 0.04% New 4,092 $418K
Commerce Bank 0.00% Add +1.6% 4,091 $418K
Frec Markets, Inc. 0.07% Add +37.7% 4,037 $413K
Robertson Stephens Wealth Management, LLC 0.01% Add +0.1% 4,005 $409K
Q Fund Management (Hong Kong) Ltd 0.98% Add +60.0% 4,000 $409K
Mizuho Markets Americas LLC 0.01% New 3,943 $403K
Sustainable Insight Capital Management, LLC 0.14% Add +34.0% 3,938 $402K
Johnson Investment Counsel Inc. 0.00% Reduce -15.6% 3,918 $400K
Checchi Capital Advisers, LLC 0.03% Reduce -0.7% 3,816 $390K
PDS Planning, Inc 0.03% Add +29.4% 3,726 $381K
Sanctuary Advisors, LLC 0.00% New 3,698 $378K
First Affirmative Financial Network 0.15% — 3,695 $378K
Wealthfront Advisers LLC 0.00% Add +3.6% 3,609 $369K
Sagespring Wealth Partners, LLC 0.01% Add +4.3% 3,606 $368K
Range Financial Group LLC 0.12% Reduce -0.7% 3,596 $367K
Insigneo Advisory Services, LLC 0.03% Reduce -3.1% 3,593 $367K
Ballentine Partners, LLC 0.01% Add +11.8% 3,552 $363K
Raymond James Financial Inc. 0.00% Reduce -91.5% 3,503 $358K
Blue Trust, Inc. 0.00% Reduce -2.6% 3,410 $348K
Keel Point, LLC 0.02% Reduce -4.2% 3,364 $344K
Fideuram Asset Management (Ireland) dac 0.04% Reduce -96.4% 3,198 $332K
Scientech Research LLC 0.27% Add +2.3% 3,136 $320K
Oxford Asset Management LLP 0.13% New 3,131 $320K
West Family Investments, Inc. 0.11% Reduce -3.5% 3,034 $310K
Mercer Global Advisors Inc. 0.00% Reduce -27.7% 3,004 $307K
Arta Finance Wealth Management LLC 0.15% Add +2.7% 2,970 $303K
Oakum Bay Capital LLC 0.16% Add +52.6% 2,900 $296K
Capital Markets Trading UK LLP 0.27% Reduce -11.3% 2,884 $295K
Apollon Wealth Management, LLC 0.00% Reduce -21.1% 2,855 $292K
Alpha Family Trust 0.14% No change 2,815 $288K
Lavaca Capital LLC 0.05% Reduce -11.9% 2,809 $287K
Lester Murray Antman dba SimplyRich 0.07% No change 2,805 $286K
Nolet Wealth Management, LLC 0.16% New 2,762 $282K
SBI Securities Co., Ltd. 0.01% Add +1.0% 2,698 $276K
BIT Capital GmbH 0.02% Reduce -49.8% 2,689 $275K
Ethic Inc. 0.00% Add +2.2% 2,642 $270K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -64.7% 2,574 $263K
Resonant Capital Advisors, LLC 0.01% New 2,483 $254K
LGT Group Foundation 0.00% New 2,400 $245K
Allegheny Financial Group 0.03% Reduce -0.7% 2,395 $245K
ClearAlpha Technologies LP 0.50% New 2,394 $245K
Bridgewater Advisors Inc. 0.01% Reduce -3.6% 2,424 $241K
Comprehensive Financial Management LLC 0.01% Reduce -70.0% 2,337 $239K
Alhambra Investment Management LLC 0.10% No change 2,200 $225K
Belvedere Trading LLC 0.03% Reduce -13.7% 2,048 $209K
Greenleaf Trust 0.00% Add +1.9% 2,038 $208K
Rehmann Capital Advisory Group 0.01% Reduce -5.4% 2,007 $205K
Banco BTG Pactual S.A. 0.04% Reduce -97.1% 2,005 $205K
Plato Investment Management Ltd 0.01% No change 1,940 $198K
Basecamp Wealth Advisors LLC 0.04% Reduce -1.1% 1,785 $182K
EverSource Wealth Advisors, LLC 0.01% Add +6.6% 1,649 $168K
Migdal Insurance & Financial Holdings Ltd. 0.00% No change 1,590 $162K
Sankala Group LLC 0.13% Add +25.0% 1,574 $160K
BNP Paribas 0.00% Reduce -34.8% 1,500 $153K
TD Waterhouse Canada Inc. 0.00% Add +649.3% 1,506 $153K
IFP Advisors, Inc 0.00% Reduce -55.4% 1,360 $139K
New Age Alpha Advisors, LLC 0.01% Add +3357.1% 1,210 $124K
Pinnacle Wealth Planning Services, Inc. 0.01% Reduce -15.4% 1,007 $103K
Steward Partners Investment Advisory, LLC 0.00% No change 925 $95K
Cwm, LLC 0.00% Reduce -8.1% 797 $81K
Generali Investments CEE, investicni spolecnost, a.s. 0.00% No change 786 $80K
Timothy G. Youngquist 2020 Irrevocable Trust 0.04% New 753 $77K
Larson Financial Group LLC 0.00% Add +70.4% 690 $71K
Bank Julius Baer & Co. Ltd, Zurich 0.00% Reduce -0.3% 673 $69K
Accent Capital Management, LLC 0.03% No change 650 $66K
GAMMA Investing LLC 0.00% Add +115.5% 599 $61K
FNY Investment Advisers, LLC 0.03% New 600 $61K
Huntington National Bank 0.00% Reduce -10.3% 532 $54K
Assetmark, Inc. 0.00% Add +14.6% 494 $50K
Westside Investment Management, Inc. 0.01% No change 458 $46K
BOCHK Asset Management Ltd 0.01% Add +105.0% 410 $42K
Nisa Investment Advisors, LLC 0.00% Add +20.3% 379 $39K
Arax Advisory Partners 0.00% Reduce -66.5% 373 $38K
Allworth Financial LP 0.00% Add +57.4% 373 $38K
Smartleaf Asset Management LLC 0.00% Add +2.1% 385 $38K
Activest Wealth Management 0.01% No change 350 $36K
UMB Bank, n.a. 0.00% Add +42.7% 331 $34K
Wall Street Financial Group, Inc. 0.02% New 315 $32K
Catalyst Capital Advisors LLC 0.00% Reduce -12.9% 242 $25K
Atlantic Union Bankshares Corp 0.00% No change 200 $20K
Creative Financial Designs Inc. 0.00% No change 112 $11K
JFS Wealth Advisors, LLC 0.00% Reduce -11.0% 97 $10K
Mather Group, Llc. 0.00% New 97 $10K
WealthCollab, LLC 0.00% Add +26.0% 92 $9K
Ramirez Asset Management, Inc. 0.00% No change 90 $9K
Bell Investment Advisors, Inc 0.00% Add +19.2% 87 $9K
Harbour Investments, Inc. 0.00% Reduce -7.5% 87 $9K
Key Financial Inc 0.00% No change 82 $8K
Financial Perspectives, Inc 0.00% No change 81 $8K
Highline Wealth Partners LLC 0.00% Reduce -50.4% 66 $7K
Pension & Wealth Management Advisors, Inc. 0.00% New 65 $7K
Root Financial Partners, LLC 0.00% Add +43.2% 63 $6K
Bessemer Group Inc. 0.00% Reduce -45.3% 58 $6K
North Star Investment Management Corp. 0.00% Add +67.7% 57 $6K
True Wealth Design, LLC 0.00% Add +318.2% 46 $5K
Crewe Advisors LLC 0.00% No change 46 $5K
JPL Wealth Management, LLC 0.00% New 44 $4K
Capital Advisor Network LLC 0.01% — 44 $4K
Physician Wealth Advisors, Inc. 0.00% Reduce -40.0% 39 $4K
Murphy & Mullick Capital Management Corp 0.00% Reduce -51.4% 36 $4K
Parkside Financial Bank & Trust 0.00% No change 35 $4K
Intentional Wealth Strategies, LLC 0.00% — 32 $3K
Triumph Capital Management 0.00% Add +400.0% 30 $3K
Stone House Investment Management, LLC 0.00% Add +1400.0% 30 $3K
Capital Analysts, LLC 0.00% Reduce -65.9% 29 $3K
SHP Wealth Management 0.00% New 29 $3K
Innovative Asset Advisors Group, LLC 0.00% — 27 $3K
Brown Brothers Harriman & Co. 0.00% No change 27 $3K
Cornerstone Financial Management LLC 0.00% Add +4.0% 26 $3K
Clean Yield Group 0.00% No change 26 $3K
Dogwood Wealth Management LLC 0.00% New 25 $3K
2UniFi Bank 0.00% No change 22 $2K
Versant Capital Management, Inc 0.00% New 22 $2K
IMA Advisory Services, Inc. 0.00% Add +22.2% 22 $2K
Spire Wealth Management 0.00% No change 21 $2K
Avion Wealth 0.00% No change 25 $2K
Dunhill Financial, LLC 0.00% New 18 $2K
Archer Investment Corp 0.00% No change 17 $2K
Nemes Rush Group LLC 0.00% No change 17 $2K
MAI Capital Management 0.00% Reduce -27.3% 16 $2K
Essential Partners LLC 0.00% New 14 $1K
Raffa Wealth Management, LLC 0.00% No change 12 $1K
Rossby Financial, LCC 0.00% Add +300.0% 12 $1K
Private Trust Co. NA 0.00% Reduce -92.2% 11 $1K
WFA of San Diego, LLC 0.00% New 10 $1K
Elevated Capital Advisors, LLC 0.00% No change 10 $1K
SWAN Capital LLC 0.00% No change 8 $817
Frazier Financial Advisors, LLC 0.00% Add +75.0% 7 $716
Financial Consulate, Inc. 0.00% Add +100.0% 6 $614
Golden State Wealth Management, LLC 0.00% No change 6 $613
Sound Income Strategies, LLC 0.00% No change 6 $611
Hilton Head Capital Partners, LLC 0.00% New 5 $511
Asset Dedication, LLC 0.00% No change 5 $511
Abound Wealth Management 0.00% Reduce -33.3% 4 $409
Trust Co 0.00% No change 4 $409
TD Private Client Wealth LLC 0.00% No change 3 $307
Walsh & Associates, LLC 0.00% New 2 $204
Toth Financial Advisory Corp. 0.00% No change 1 $103
Beaird Harris Wealth Management, LLC 0.00% No change 1 $103
Ankerstar Wealth, LLC 0.00% No change 1 $102
Avenir Tech Ltd 0.00% No change 1 $102

"% of holder's portfolio" is PDD's weight in each manager's 13F, not the share of PDD Holdings Inc. the manager owns.