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Security record · archived quarter

PDD

PDD Holdings Inc. · Consumer Cyclical · Specialty Retail

87.75 +0.8% mkt cap $124.90B quote delayed (FMP) · as of Aug 25 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 143 -3 286.39M $21.86B +5 −7
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 78.39M $10.42B
Holder count
Who holds it · Q1 2026
#ManagerSharesΔ sharesValueTheir weightHeld
1 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
2 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
3 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
4 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
5 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
6 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
7 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
8 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
9 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
10 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
11 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
12 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
13 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
14 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
15 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
16 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
17 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
18 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
19 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
20 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
21 BlackRock (passive) 39.41M +0.7% $4.03B 0.1% ▲ Add 4 SEC ↗
22 Baillie Gifford 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗
23 Baillie Gifford 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗
24 Baillie Gifford 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗
25 Baillie Gifford 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗
26 Baillie Gifford 28.35M -8.6% $2.90B 3.0% ▼ Trim 8 SEC ↗
27 Vanguard Capital Management Llc 24.13M $2.47B 0.1% n/c 1 SEC ↗
28 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
29 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
30 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
31 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
32 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
33 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
34 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
35 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
36 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
37 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
38 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
39 Invesco Ltd. 20.50M -3.1% $2.09B 0.2% ▼ Trim 2 SEC ↗
40 State Street Global Advisors (passive) 12.03M -1.8% $1.23B 0.0% ▼ Trim 6 SEC ↗
41 Goldman Sachs Group 9.71M +10.0% $991.75M 0.1% ▲ Add 3 SEC ↗
42 Goldman Sachs Group 9.71M +10.0% $991.75M 0.1% ▲ Add 3 SEC ↗
43 Goldman Sachs Group 9.71M +10.0% $991.75M 0.1% ▲ Add 3 SEC ↗
44 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
45 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
46 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
47 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
48 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
49 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
50 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
51 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
52 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
53 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
54 UBS AM, a distinct business unit of… 8.58M +2189441.6% $877.01M 0.2% ▲ Add 2 SEC ↗
55 Sanders Capital, LLC 8.09M -0.2% $826.82M 1.0% ▼ Trim 2 SEC ↗
56 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
57 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
58 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
59 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
60 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
61 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
62 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
63 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
64 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
65 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
66 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
67 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
68 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
69 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
70 JPMorgan Chase 7.91M +56.1% $778.58M 0.1% ▲ Add 3 SEC ↗
71 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
72 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
73 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
74 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
75 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
76 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
77 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
78 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
79 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
80 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
81 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
82 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
83 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
84 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
85 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
86 Morgan Stanley 7.39M +24.2% $755.00M 0.0% ▲ Add 3 SEC ↗
87 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
88 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
89 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
90 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
91 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
92 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
93 FIL Ltd 6.85M +5.1% $699.86M 0.5% ▲ Add 2 SEC ↗
94 Geode Capital Management (passive) 6.85M +1.4% $696.05M 0.0% ▲ Add 8 SEC ↗
95 Geode Capital Management (passive) 6.85M +1.4% $696.05M 0.0% ▲ Add 8 SEC ↗
96 Fidelity (FMR) 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗
97 Fidelity (FMR) 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗
98 Fidelity (FMR) 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗
99 Fidelity (FMR) 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗
100 Fidelity (FMR) 6.30M -56.8% $643.91M 0.0% ▼ Trim 4 SEC ↗

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

New buyers

No new tracked buyers this quarter.

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.

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