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Security record · archived quarter

PDD

PDD Holdings Inc. · Consumer Cyclical · Specialty Retail

80.97 -1.8% mkt cap $115.25B quote delayed (FMP) · as of Oct 16 22:08 UTC · separate from filing data below

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024
147Tracked holders
-1Δ holders
287.28MShares held
$29.31BReported value
+7New positions
−9Exits
Falling Conviction score 36/100 How these are computed → Explain this at the Research Desk →

Momentum inputs (comparable managers): holder breadth -0.7% · share flow -5.4% · net new positions -1.4% · formula
Broad distribution: falling shares and fewer holders

All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026

Ownership over time
QuarterHoldersΔSharesReported valueNewExits
Q2 2026 142 -3 286.19M $21.84B +5 −8
Q1 2026 147 -1 287.28M $29.31B +7 −9
Q4 2025 147 -2 318.68M $36.13B +2 −3
Q3 2025 22 +2 184.91M $24.43B +2 −1
Q2 2025 18 -2 158.45M $16.58B +1 −3
Q1 2025 17 -3 88.28M $10.44B +2 −5
Q4 2024 20 0 85.54M $8.29B +2 −2
Q3 2024 19 0 81.22M $9.85B +1 −1
Q2 2024 19 n/a 78.39M $10.42B n/a n/a
Holder count
Who holds it · Q1 2026
#ManagerSharesΔ sharesValueTheir weightHeld
1 BlackRock ✦ (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗ ×21
2 Baillie Gifford ✦ 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗ ×5
3 Vanguard Capital Management Llc 24.13M n/a $2.47B 0.1% n/c 1 SEC ↗
4 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗ ×12
5 State Street Global Advisors ✦ (passive) 12.03M -1.8% $1.23B 0.0% ▼ Trim 6 SEC ↗
6 Goldman Sachs Group ✦ 9.71M +10.0% $991.75M 0.1% ▲ Add 3 SEC ↗ ×3
7 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗ ×11
8 Sanders Capital, LLC 8.09M -0.2% $826.82M 1.0% ▼ Trim 2 SEC ↗
9 JPMorgan Chase ✦ 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗ ×15
10 Morgan Stanley ✦ 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗ ×16
11 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗ ×7
12 Geode Capital Management ✦ (passive) 6.85M +1.4% $696.05M 0.0% ▲ Add 8 SEC ↗ ×2
13 Fidelity (FMR) ✦ 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗ ×6
14 Himalaya Capital ✦ 4.61M 0.0% $470.85M 14.7% Held 4 SEC ↗
15 Bnp Paribas Financial Markets 4.55M -11.5% $465.35M 0.3% ▼ Trim 2 SEC ↗
16 Dodge & Cox ✦ 4.54M +2.2% $463.65M 0.3% ▲ Add 2 SEC ↗
17 Legal & General Group Plc 4.25M +2.4% $434.07M 0.1% ▲ Add 2 SEC ↗ ×3
18 Dimensional Fund Advisors Lp 3.74M +7.2% $381.50M 0.1% ▲ Add 2 SEC ↗ ×4
19 Hsbc Holdings Plc 3.58M -61.6% $366.11M 0.2% ▼ Trim 2 SEC ↗ ×9
20 Mitsubishi UFJ Trust & Banking Corp 3.57M +12.6% $364.31M 0.9% ▲ Add 2 SEC ↗ ×3
21 T. Rowe Price ✦ 3.36M +3.0% $343.48M 0.0% ▲ Add 8 SEC ↗ ×4
22 Northern Trust Corp 3.16M -0.9% $323.05M 0.0% ▼ Trim 2 SEC ↗ ×8
23 Schroder Investment Management Group 2.99M n/a $305.18M 0.3% n/c 1 SEC ↗ ×4
24 Bank Of America Corp /De/ 2.59M -15.4% $264.29M 0.0% ▼ Trim 2 SEC ↗ ×6
25 UBS Group AG 2.50M -39.7% $255.61M 0.0% ▼ Trim 2 SEC ↗ ×5
26 Robeco Institutional Asset… 2.49M +39.6% $254.72M 0.4% ▲ Add 2 SEC ↗
27 Barclays Plc 2.26M -15.0% $230.92M 0.1% ▼ Trim 2 SEC ↗ ×3
28 Assenagon Asset Management S.A. 2.19M -67.4% $224.17M 0.4% ▼ Trim 2 SEC ↗
29 Capital International Investors 2.10M -55.2% $214.99M 0.1% ▼ Trim 2 SEC ↗
30 American Century Companies Inc 2.09M +70.9% $213.52M 0.1% ▲ Add 2 SEC ↗
31 Deutsche Bank Ag\ 2.00M -27.9% $204.41M 0.1% ▼ Trim 2 SEC ↗ ×6
32 National Bank Of Canada /Fi/ 1.86M +30.2% $190.13M 0.2% ▲ Add 2 SEC ↗ ×3
33 Massachusetts Financial Services Co… 1.75M +38.8% $176.15M 0.1% ▲ Add 2 SEC ↗ ×7
34 Sumitomo Mitsui Trust Group, Inc. 1.70M +1.2% $173.93M 0.1% ▲ Add 2 SEC ↗
35 Citigroup Inc 1.66M +7.7% $169.88M 0.1% ▲ Add 2 SEC ↗ ×4
36 Healthcare Of Ontario Pension Plan… 1.61M +126.4% $164.45M 0.3% ▲ Add 2 SEC ↗
37 Susquehanna International Group, Llp 1.51M +126.0% $153.92M 0.2% ▲ Add 2 SEC ↗
38 Charles Schwab Investment… 1.44M +15.2% $146.99M 0.0% ▲ Add 2 SEC ↗
39 Bank of New York Mellon Corp 1.44M -3.5% $146.78M 0.0% ▼ Trim 2 SEC ↗ ×10
40 Swiss National Bank 1.37M -11.6% $140.27M 0.1% ▼ Trim 2 SEC ↗
41 California Public Employees… 1.27M +5.8% $129.29M 0.1% ▲ Add 2 SEC ↗
42 Nuveen, LLC 1.23M -26.8% $126.18M 0.0% ▼ Trim 2 SEC ↗ ×3
43 First Trust Advisors Lp 1.20M +3.3% $122.30M 0.1% ▲ Add 2 SEC ↗
44 Renaissance Technologies ✦ 1.11M +306.2% $113.70M 0.2% ▲ Add 8 SEC ↗
45 Connor, Clark & Lunn Investment… 1.02M +369.5% $103.99M 0.2% ▲ Add 2 SEC ↗
46 Mitsubishi UFJ Asset Management… 942.17K +9.4% $96.27M 0.1% ▲ Add 2 SEC ↗
47 Nomura Asset Management… 938.40K -10.6% $95.89M 0.2% ▼ Trim 2 SEC ↗
48 Appaloosa ✦ 900.00K -49.3% $91.96M 1.6% ▼ Trim 8 SEC ↗
49 Pictet Asset Management Holding SA 899.49K -27.0% $91.91M 0.1% ▼ Trim 2 SEC ↗
50 Citadel Advisors ✦ 894.58K +183.8% $91.41M 0.1% ▲ Add 8 SEC ↗ ×2
51 Russell Investments Group, Ltd. 896.58K -16.6% $90.48M 0.1% ▼ Trim 2 SEC ↗ ×14
52 ProShare Advisors LLC 869.59K -17.6% $88.85M 0.1% ▼ Trim 2 SEC ↗
53 Aberdeen Group plc 846.53K -16.5% $86.50M 0.1% ▼ Trim 2 SEC ↗ ×4
54 Lazard Asset Management Llc 804.41K +2.5% $82.19M 0.1% ▲ Add 2 SEC ↗ ×2
55 Royal London Asset Management Ltd 734.07K +5.4% $75.01M 0.2% ▲ Add 2 SEC ↗
56 Allspring Global Investments… 685.84K +23.2% $69.80M 0.1% ▲ Add 2 SEC ↗ ×2
57 Franklin Resources Inc 677.70K -15.6% $69.25M 0.0% ▼ Trim 2 SEC ↗ ×5
58 Aviva Plc 650.73K +1.5% $66.49M 0.1% ▲ Add 2 SEC ↗
59 Walleye Trading LLC 610.64K -31.1% $62.40M 1.3% ▼ Trim 2 SEC ↗
60 Sei Investments Co 593.18K +31.9% $60.61M 0.1% ▲ Add 2 SEC ↗ ×2
61 Korea Investment CORP 582.59K +5.0% $59.53M 0.1% ▲ Add 2 SEC ↗
62 Fisher Asset Management ✦ 579.83K +1.2% $59.25M 0.0% ▲ Add 8 SEC ↗
63 MIRAE ASSET GLOBAL ETFS HOLDINGS… 523.96K -0.6% $53.54M 0.1% ▼ Trim 2 SEC ↗ ×2
64 Wellington Management ✦ 484.52K -40.2% $49.51M 0.0% ▼ Trim 8 SEC ↗ ×7
65 IMC-Chicago, LLC 469.79K +35.1% $48.00M 0.7% ▲ Add 2 SEC ↗
66 Arrowstreet Capital ✦ 451.09K +47.7% $46.09M 0.0% ▲ Add 3 SEC ↗
67 Man Group plc 422.28K -20.9% $43.15M 0.1% ▼ Trim 2 SEC ↗ ×2
68 BNP Paribas Asset Management… 398.33K -20.3% $40.38M 0.0% ▼ Trim 2 SEC ↗ ×3
69 Two Sigma Investments ✦ 392.09K New $40.06M 0.0% New 1 SEC ↗
70 Nomura Holdings Inc 389.08K +1.2% $39.76M 0.3% ▲ Add 2 SEC ↗ ×3
71 Tudor Investment Corp Et Al 385.37K +154.6% $39.38M 0.2% ▲ Add 2 SEC ↗
72 California State Teachers… 362.29K +17.2% $37.02M 0.0% ▲ Add 2 SEC ↗
73 Allianz Asset Management GmbH 355.68K -48.5% $36.34M 0.0% ▼ Trim 2 SEC ↗ ×5
74 Mirae Asset Global Investments Co.… 342.64K -6.0% $35.01M 0.1% ▼ Trim 2 SEC ↗ ×2
75 Bank Of Montreal /Can/ 330.24K -5.9% $33.74M 0.0% ▼ Trim 2 SEC ↗ ×6
76 Wcm Investment Management, Llc 341.81K +49.6% $33.64M 0.1% ▲ Add 2 SEC ↗ ×2
77 Royal Bank Of Canada 324.79K -51.7% $33.19M 0.0% ▼ Trim 2 SEC ↗ ×8
78 Marshall Wace ✦ 322.58K -92.8% $32.96M 0.0% ▼ Trim 8 SEC ↗ ×4
79 Victory Capital Management Inc 315.00K -5.5% $32.19M 0.0% ▼ Trim 2 SEC ↗
80 Mackenzie Financial Corp 276.88K -34.4% $28.29M 0.0% ▼ Trim 2 SEC ↗
81 Voya Investment Management Llc 273.79K +21.6% $27.98M 0.0% ▲ Add 2 SEC ↗ ×2
82 Credit Agricole S A 266.81K +11.3% $27.26M 0.1% ▲ Add 2 SEC ↗ ×3
83 Manufacturers Life Insurance… 235.96K -51.3% $24.11M 0.0% ▼ Trim 2 SEC ↗
84 Peak6 Llc 214.97K -75.3% $21.97M 0.6% ▼ Trim 2 SEC ↗
85 National Pension Service 210.16K +6.8% $21.47M 0.0% ▲ Add 2 SEC ↗
86 Zurcher Kantonalbank (Zurich… 192.37K -32.9% $19.66M 0.0% ▼ Trim 2 SEC ↗
87 Ameriprise Financial Inc 182.50K -27.9% $18.65M 0.0% ▼ Trim 2 SEC ↗ ×4
88 Jane Street Group, Llc 176.72K +220.9% $18.06M 0.0% ▲ Add 2 SEC ↗
89 Neuberger Berman Group LLC 176.49K +46.9% $18.03M 0.0% ▲ Add 2 SEC ↗ ×2
90 CIBC Asset Management Inc 153.69K +1.8% $15.70M 0.0% ▲ Add 2 SEC ↗
91 Millennium Management ✦ 148.30K -61.2% $15.15M 0.0% ▼ Trim 8 SEC ↗
92 LMR Partners LLP 147.25K -79.9% $15.05M 0.2% ▼ Trim 2 SEC ↗ ×3
93 Hrt Financial Lp 134.87K New $13.78M 0.0% New 1 SEC ↗
94 Wells Fargo & Company/Mn 133.55K -1.4% $13.65M 0.0% ▼ Trim 2 SEC ↗ ×4
95 Nomura Asset Management Co Ltd 132.15K +2.5% $13.50M 0.0% ▲ Add 2 SEC ↗ ×2
96 Asset Management One Co., Ltd. 118.70K +0.2% $12.13M 0.0% ▲ Add 2 SEC ↗
97 Danske Bank A/S 117.51K +7.7% $12.01M 0.0% ▲ Add 2 SEC ↗
98 Daiwa Securities Group Inc. 99.60K +29.6% $10.18M 0.0% ▲ Add 2 SEC ↗
99 Tidal Investments LLC 90.38K -6.4% $9.54M 0.0% ▼ Trim 2 SEC ↗ ×2
100 Creative Planning 88.70K +98.8% $9.06M 0.0% ▲ Add 2 SEC ↗ ×2

“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.

New buyers

Two Sigma Investments $40.06M 0.0%
Hrt Financial Lp $13.78M 0.0%

Exited

Norges Bank $1.07B was 0.1%
Jennison Associates Llc $24.19M was 0.0%
Parallax Volatility Advisers… $21.31M was 0.7%
Bank Of Nova Scotia $1.89M was 0.0%
Simplex Trading, Llc $1.68M was 0.0%
Principal Financial Group Inc $790,442 was 0.0%
Blair William & Co/Il $462,547 was 0.0%
Mml Investors Services, Llc $440,180 was 0.0%
Lido Advisors, LLC $213,637 was 0.0%

Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 558 holders, 403.31M shares, $40.06B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.

Frequently co-owned

What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.

Insider transactions

Open-market purchases (P)

No open-market insider purchases in our coverage window.

Open-market sales (S)

Sep 03 Kam Anthony Ping Leung

Director · 1.71K sh · $140,151

Awards, exercises and tax withholding are never counted as buys or sales here. Methodology

Provenance: Ownership from parsed 13F common-stock positions (tracked universe, comparable sets for changes); insider rows from Forms 3/4/5; stakes from Schedules 13D/13G; every filing links to its original on SEC EDGAR. Reporting period: Q1 2026 · Methodology · Get this via the API