13F

Stock

PDD Holdings Inc.

PDD · held by 559 managers

Reported value

$40.8B

Holders

559

+65 new · −75 exited

Holders’ est. mark

−$3.39B

Price effect on 229 books still in the name

Largest holder

$4.03B

BlackRock, Inc.

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
BlackRock, Inc.39.4M$4.03B−$438.9MCut−$412.7M
BAILLIE GIFFORD & CO28.4M$2.9B−$317.8MCut−$621.6M
VANGUARD CAPITAL MANAGEMENT LLC24.1M$2.47BHeld
H&H International Investment, LLC19.7M$2.02B−$129.3MAdded$709.7M
State Street12M$1.23B−$134.9MCut−$160.3M
HSG Holding Ltd11.3M$1.14B−$64MCut−$64M
GOLDMAN SACHS GROUP INC9.71M$991.8M−$98.9MCut−$9.11M
NetEase, Inc.8.87M$906M−$39.9MAdded$502.8M
SC US (TTGP), LTD.8.84M$903.4M−$99.1MCut−$99.1M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC8.58M$877M−$4.39KAdded$877M
First Beijing Investment Ltd8.15M$832.7M−$76MAdded$63.6M
Sanders Capital, LLC8.09M$826.8M−$90.7MCut−$93M
JPMORGAN CHASE & CO7.91M$778.6M−$75.9MAdded$203.8M
MORGAN STANLEY7.39M$755M−$66.7MAdded$80.5M
FIL Ltd6.85M$699.9M−$73MCut−$39M
GEODE CAPITAL MANAGEMENT, LLC6.85M$696.1M−$75.1MCut−$65.7M
VANGUARD FIDUCIARY TRUST CO6.52M$666.2MHeld
Invesco Ltd.6.48M$662.2M−$69MCut−$36.3M
Fidelity6.3M$643.9M−$70.6MCut−$1.01B
Krane Funds Advisors LLC5.73M$581.6M−$68.5MCut−$143.8M
Greenwoods Asset Management Hong Kong Ltd.5.1M$521.5M−$44.5MAdded$71.5M
Temasek Holdings (Private) Ltd4.93M$503.3M−$52.5MCut−$27.6M
Himalaya Capital Management LLC4.61M$470.8M−$51.7MCut−$51.7M
E Fund Management Co., Ltd.4.59M$469.3MHeld
BNP PARIBAS FINANCIAL MARKETS4.55M$465.4M−$51.1MCut−$118.2M
Dodge & Cox4.54M$463.7M−$49.8MCut−$39.8M
Legal & General Group Plc4.25M$434.1M−$46.5MCut−$36.2M
HHLR ADVISORS, LTD.4.17M$425.6M−$46.7MCut−$790.1M
DIMENSIONAL FUND ADVISORS LP3.74M$381.5M−$39.4MCut−$13.6M
HSBC HOLDINGS PLC3.58M$366.1M−$40.3MCut−$165M
Mitsubishi UFJ Trust & Banking Corp3.57M$364.3M−$35.5MAdded$5.12M
NORTHERN TRUST CORP3.16M$323M−$35.4MCut−$38.6M
SCHRODER INVESTMENT MANAGEMENT GROUP2.99M$305.2M−$33.5MCut−$164M
Brevan Howard Capital Management LP180.5K$295.1MNew
BANK OF AMERICA CORP /DE/2.59M$264.3M−$29MCut−$82.4M
UBS Group AG2.5M$255.6M−$28MCut−$214.8M
Robeco Institutional Asset Management B.V.2.49M$254.7M−$20MAdded$52.2M
VANGUARD ASSET MANAGEMENT, Ltd2.31M$235.8MHeld
BARCLAYS PLC2.26M$230.9M−$25.3MCut−$70.7M
Assenagon Asset Management S.A.2.19M$224.2M−$24.6MCut−$538.8M
Perseverance Asset Management International2.16M$220.9M−$22MCut−$1.6M
Capital International Investors2.1M$215M−$23.6MCut−$317.8M
AMERICAN CENTURY COMPANIES INC2.09M$213.5M−$13.7MAdded$74.9M
Triata Capital Ltd2.08M$212.8M−$23.3MCut−$77.2M
DEUTSCHE BANK AG\2M$204.4M−$22.4MCut−$110.4M
NATIONAL BANK OF CANADA /FI/1.86M$190.1M−$16MAdded$28.1M
IDG China Venture Capital Fund IV Associates L.P.1.75M$178.7M−$19.6MCut−$19.6M
Orbis Allan Gray Ltd1.74M$178.2M−$13.1MAdded$45.7M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/1.75M$176.2M−$15.9MAdded$33.3M
Sumitomo Mitsui Trust Group, Inc.1.7M$173.9M−$18.9MCut−$16.8M
CITIGROUP INC1.66M$169.9M−$17.3MCut−$5.17M
PRUDENTIAL PLC1.62M$165.6M−$18.2MCut−$33M
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND1.61M$164.4M−$7.97MAdded$83.9M
SUSQUEHANNA INTERNATIONAL GROUP, LLP1.51M$153.9M−$7.47MAdded$78.3M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.44M$147M−$14MAdded$5.33M
Bank of New York Mellon Corp1.44M$146.8M−$16.1MCut−$21.9M
Capital Today Evergreen Fund, L.P.1.39M$141.5M−$15.5MCut−$43.8M
Swiss National Bank1.37M$140.3M−$15.4MCut−$35.8M
Boundless Plain Holdings Ltd1.29M$132.3M−$14.5MCut−$14.5M
California Public Employees Retirement System1.27M$129.3M−$13.4MCut−$6.3M
Nuveen, LLC1.23M$126.2M−$13.8MCut−$65.2M
FIRST TRUST ADVISORS LP1.2M$122.3M−$13MCut−$9.11M
AustralianSuper Pty Ltd1.17M$119.9M−$887.8KAdded$110.9M
IvyRock Asset Management (HK) Ltd1.15M$117M−$11.1MAdded$4.61M
Renaissance Technologies1.11M$113.7M−$3.07MAdded$82.6M
Connor, Clark & Lunn Investment Management Ltd.1.02M$104M−$2.43MAdded$79.4M
Mitsubishi UFJ Asset Management Co., Ltd.942.2K$96.3M−$11.7MCut−$3.38M
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.938.4K$95.9M−$10.5MCut−$23.2M
Appaloosa900K$92M−$10.1MCut−$109.3M
Pictet Asset Management Holding SA899.5K$91.9M−$10.1MCut−$47.8M
Citadel894.6K$91.4M−$3.53MAdded$55.7M
Russell Investments Group, Ltd.896.6K$90.5M−$11.4MCut−$31.6M
ProShare Advisors LLC869.6K$88.9M−$9.75MCut−$30.9M
Aberdeen Group plc846.5K$86.5M−$9.49MCut−$28.5M
GF FUND MANAGEMENT CO. LTD.830.8K$84.9M−$9.31MCut−$30.7M
Evergreen Quality Fund GP, Ltd.812.9K$83.1M−$9.11MCut−$14.8M
LAZARD ASSET MANAGEMENT LLC804.4K$82.2M−$8.8MCut−$6.8M
ROYAL LONDON ASSET MANAGEMENT LTD734.1K$75M−$7.8MCut−$3.93M
BRILLIANCE ASSET MANAGEMENT LTD704.5K$72M−$6.67MAdded$4.5M
USS Investment Management Ltd697.6K$71.3M−$4.19MAdded$28.8M
Allspring Global Investments Holdings, LLC685.8K$69.8M−$7.78MAdded$5.37M
FRANKLIN RESOURCES INC677.7K$69.2M−$7.6MCut−$21.8M
AVIVA PLC650.7K$66.5M−$7.19MCut−$6.19M
BARINGS LLC649.2K$66.3M−$7.28MCut−$7.88M
True Light Capital Pte. Ltd.626.3K$64M−$6.75MCut−$4.3M
Walleye Trading LLC610.6K$62.4M−$6.85MCut−$38M
Polar Capital Holdings Plc603K$61.6M−$6.47MCut−$3.86M
SEI INVESTMENTS CO593.2K$60.6M−$5.04MAdded$9.62M
Korea Investment CORP582.6K$59.5M−$6.22MCut−$3.37M
Fisher Asset Management, LLC579.8K$59.2M−$6.43MCut−$5.75M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.524K$53.5M−$5.87MCut−$6.22M
Carrhae Capital LLP515.3K$52.7M−$2.5MAdded$27.4M
Anatole Investment Management Ltd502.9K$51.4M−$5.64MCut−$43.6M
Franchise GP Ltd497.9K$50.9M−$3.39MAdded$16.6M
Kora Management LP490.6K$50.1M−$5.5MCut−$5.5M
WELLINGTON MANAGEMENT GROUP LLP484.5K$49.5M−$5.43MCut−$42.4M
IMC-Chicago, LLC469.8K$48M−$3.9MAdded$8.59M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP451.1K$46.1M−$3.42MAdded$11.5M
OVERSEA-CHINESE BANKING Corp Ltd443.4K$45.3M−$4.55MCut−$128.8K
CAT ROCK CAPITAL MANAGEMENT LP440.2K$45M−$4.93MCut−$5.5M
Man Group plc422.3K$43.1M−$4.73MCut−$17.4M
Green Court Capital Management Ltd420.6K$43M−$5.85MCut−$56.5M
PUBLIC SECTOR PENSION INVESTMENT BOARD416.1K$42.5M−$4.64MCut−$4.46M
Punch Card Management L.P.415K$42.4M−$4.65MCut−$4.65M
Polymer Capital Management (HK) LTD413.5K$42.2M−$4.24MCut−$679.5K
BNP PARIBAS ASSET MANAGEMENT Holding S.A.398.3K$40.4M$40.3MAdded$40.3M
Marex Group plc394.3K$40.3M−$2.24MAdded$17.7M
Capital International, Inc./CA/393.4K$40.2M−$4.41MCut−$6.24M
TWO SIGMA INVESTMENTS, LP392.1K$40.1MNew
NOMURA HOLDINGS INC389.1K$39.8M−$4.31MCut−$3.82M
TUDOR INVESTMENT CORP ET AL385.4K$39.4M−$1.7MAdded$22.2M
NEOS Investment Management LLC365.3K$37.3M−$3.13MAdded$5.65M
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM362.3K$37M−$3.47MAdded$1.96M
SERENITY CAPITAL MANAGEMENT PTE. LTD.360K$36.8MNew
Allianz Asset Management GmbH355.7K$36.3M−$3.99MCut−$42M
Mirae Asset Global Investments Co., Ltd.342.6K$35M−$3.84MCut−$6.3M
TB Alternative Assets Ltd.340.2K$34.8M−$3.81MCut−$3.81M
BANK OF MONTREAL /CAN/330.2K$33.7M−$3.7MCut−$6.03M
WCM INVESTMENT MANAGEMENT, LLC341.8K$33.6M−$3.52MAdded$7.63M
TODD ASSET MANAGEMENT LLC325.4K$33.2M−$3.5MCut−$2.16M
ROYAL BANK OF CANADA324.8K$33.2M−$3.64MCut−$43M
MARSHALL WACE, LLP322.6K$33M−$3.62MCut−$478.7M
VICTORY CAPITAL MANAGEMENT INC315K$32.2M−$3.53MCut−$5.6M
E Fund Management (Hong Kong) Co., Ltd.279.4K$28.6M−$354.9KCut−$1.74M
MACKENZIE FINANCIAL CORP276.9K$28.3M−$3.16MCut−$19.6M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp274K$28M−$3.07MCut−$3.18M
VOYA INVESTMENT MANAGEMENT LLC273.8K$28M−$2.52MAdded$2.44M
Tiger Pacific Capital LP271.5K$27.7MNew
Centiva Capital, LP267.3K$27.3M−$3MCut−$18M
CREDIT AGRICOLE S A266.8K$27.3M−$2.69MAdded$72K
Taikang Asset Management (Hong Kong) Co Ltd264K$27M−$1.07MAdded$16.1M
Global X Japan Co., Ltd.257.9K$26.4M−$2.49MAdded$1.16M
CAUSEWAY CAPITAL MANAGEMENT LLC237K$24.2M−$2.66MCut−$17.9M
M&G PLC236.6K$24.1M−$2.6MCut−$12.6M
MANUFACTURERS LIFE INSURANCE COMPANY, THE236K$24.1M−$2.67MCut−$30.9M
EXCHANGE TRADED CONCEPTS, LLC222.1K$22.7M−$2.49MCut−$4.83M
Itau Unibanco Holding S.A.219.4K$22.4M−$1.53MAdded$6.96M
PEAK6 LLC215K$22M−$2.41MCut−$27.4M
National Pension Service210.2K$21.5M−$2.21MCut−$845.8K
KLP KAPITALFORVALTNING AS203.5K$20.8M−$2.03MAdded$224.7K
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC198.9K$20.3M−$2.23MCut−$21.7M
Maytree Asset Management Ltd193.6K$19.8M−$2.17MCut−$38.4M
Zurcher Kantonalbank (Zurich Cantonalbank)192.4K$19.7M−$2.16MCut−$12.9M
CANTOR FITZGERALD, L. P.183.1K$18.7M−$1.22MAdded$6.34M
AMERIPRISE FINANCIAL INC182.5K$18.6M−$2.05MCut−$10.1M
Resona Asset Management Co.,Ltd.183.2K$18.6M−$2.13MCut−$1.76M
JANE STREET GROUP, LLC176.7K$18.1M−$617.3KAdded$11.8M
NEUBERGER BERMAN GROUP LLC176.5K$18M−$1.35MAdded$4.4M
Charles-Lim Capital Ltd175K$17.9M−$1.96MCut−$38.8M
Kovitz Investment Group Partners, LLC169.1K$17.3M−$99.2KAdded$16.3M
Vanguard Investments Australia, Ltd.162.7K$16.6MHeld
CIBC Asset Management Inc153.7K$15.7M−$1.69MCut−$1.41M
Ardmore Road Asset Management LP153K$15.6MNew
NAN FUNG TRINITY (HK) LTD152.9K$15.6M−$1.21MAdded$3.37M
Headwater Capital Co Ltd150K$15.3M−$1.68MCut−$14.2M
MILLENNIUM MANAGEMENT LLC148.3K$15.2M−$1.66MCut−$28.2M
LMR Partners LLP147.3K$15M−$1.65MCut−$68.1M
HIMENSION CAPITAL (SINGAPORE) PTE. LTD.145.9K$14.9M−$1.43MAdded$419.4K
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO145.5K$14.9M−$1.63MCut−$7.56M
Lansforsakringar Fondforvaltning AB (publ)139.9K$14.3M−$1.54MCut−$1.27M
WELLS FARGO & COMPANY/MN133.6K$13.6M−$1.5MCut−$1.72M
NOMURA ASSET MANAGEMENT CO LTD132.1K$13.5M−$1.44MCut−$1.11M
GUGGENHEIM CAPITAL LLC129.5K$13.2M−$1.45MCut−$4.86M
Swiss Life Asset Management Ltd127K$13M−$1.04MAdded$2.5M
Asset Management One Co., Ltd.118.7K$12.1M−$1.42MCut−$1.4M
Rafferty Asset Management, LLC118.4K$12.1M−$1.26MCut−$606.2K
DANSKE BANK A/S117.5K$12M−$1.22MCut−$364.8K
Oasis Management Co Ltd.114K$11.6MNew
Orland Properties Ltd113.8K$11.6M−$1.28MCut−$4.11M
Candriam S.C.A.113.1K$11.6M−$1.27MCut−$4.3M
NISSAY ASSET MANAGEMENT CORP /JAPAN112.5K$11.5M−$1.21MCut−$729.6K
Eurizon Capital SGR S.p.A.104.4K$10.7M−$1.08MCut−$289.4K
OLD MISSION CAPITAL LLC100.1K$10.2M−$49.7KAdded$9.73M
Daiwa Securities Group Inc.99.6K$10.2M$7.85MAdded$10.2M
Leonteq Securities AG99.1K$10.1M−$648.4KAdded$3.57M
Abu Dhabi Investment Council Co P.J.S.C94.1K$10.1MHeld
Union Bancaire Privee, UBP SA109.8K$9.81M−$1.14MAdded$871.6K
PARUS FINANCE (UK) Ltd94.5K$9.66M−$1.06MCut−$3.1M
Alpine Investment Management Ltd94.3K$9.64M−$1.06MCut−$25.1M
XTX Topco Ltd93.8K$9.58MNew
Tidal Investments LLC90.4K$9.54M−$708.7KCut−$1.41M
DNB Asset Management AS89.2K$9.12M−$748.6KAdded$1.55M
Creative Planning88.7K$9.06M−$500KAdded$4.01M
CI INVESTMENTS INC.88.2K$9.01M−$100.7KAdded$7.99M
GROUP ONE TRADING LLC84.4K$8.63MNew
Police & Firemen's Retirement System of New Jersey84K$8.58M−$941.6KCut−$941.6K
Siren, L.L.C.83.4K$8.52M−$710.7KAdded$1.33M
Nearwater Capital Markets, Ltd83.1K$8.49M−$931.6KCut−$931.6K
PROFUND ADVISORS LLC82.7K$8.46M−$927.6KCut−$2.24M
FACT Capital, LP81.4K$8.32M−$820.1KAdded$25.9K
PANAGORA ASSET MANAGEMENT INC80.7K$8.25M−$905.1KCut−$5.8M
PLATINUM INVESTMENT MANAGEMENT LTD78.4K$8.02M−$879.4KCut−$879.4K
Orion Porfolio Solutions, LLC78K$7.97M−$869.9KCut−$825.2K
Federation des caisses Desjardins du Quebec76.4K$7.81M−$561.7KAdded$2.12M
IFM Investors Pty Ltd75.4K$7.71M$7.66MAdded$7.7M
Step Capital Management Pte. Ltd.75K$7.66M−$840.7KCut−$840.8K
SHELTON CAPITAL MANAGEMENT74.1K$7.57M−$830.2KCut−$1.07M
TD Asset Management Inc73.4K$7.5M−$823.2KCut−$2.32M
ABS Direct Equity Fund LLC75.8K$7.49M−$841.5KAdded$962.9K
ALLIANCEBERNSTEIN L.P.65.1K$7.38M−$0Cut−$97.8M
Vontobel Holding Ltd.70.6K$7.21M−$457.2KAdded$2.59M
Quantinno Capital Management LP70.2K$7.17M−$590.9KAdded$1.19M
Rakuten Investment Management, Inc.71.4K$7.02M−$986.1KCut−$131.5K
ANTIPODES PARTNERS Ltd66.8K$6.82M−$749KCut−$4.31M
MACQUARIE GROUP LTD66.5K$6.8M−$746KCut−$4.59M
LBP AM SA66K$6.74M−$661.4KAdded$53.9K
Pinpoint Asset Management (Singapore) Pte. Ltd.65.9K$6.74M−$739.3KCut−$64.2M
RHUMBLINE ADVISERS65.6K$6.7M−$735.2KCut−$1.55M
Mediolanum International Funds Ltd65.2K$6.42MNew
BAMCO INC /NY/61.9K$6.33M−$694.4KCut−$744.1K
OMERS ADMINISTRATION Corp61.4K$6.27M−$311.7KAdded$3.12M
PRUDENTIAL FINANCIAL INC60.2K$6.15M−$701.1KCut−$787.8K
Boston Partners59.3K$6.06MNew
CAPITOLIS LIQUID GLOBAL MARKETS LLC57.5K$5.87MHeld
CastleKnight Management LP56.7K$5.79M−$635.6KCut−$635.6K
COMGEST GLOBAL INVESTORS S.A.S.55.8K$5.7M−$625KCut−$625K
Crake Asset Management LLP55K$5.62M−$515.7KAdded$404K
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS54.7K$5.59M−$612.7KCut−$1M
Yarbrough Capital, LLC53.2K$5.44M−$596.4KCut−$596.4K
Squarepoint Ops LLC52.7K$5.38M−$43.8KAdded$4.94M
Walleye Capital LLC52.5K$5.36M−$588.5KCut−$2.94M
Saba Capital Management, L.P.51.9K$5.3M−$407.1KAdded$1.18M
NEW YORK STATE COMMON RETIREMENT FUND51.3K$5.24M−$575.1KCut−$2.61M
SELDON CAPITAL LP50.6K$5.17M−$540.6KCut−$302.2K
DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD.50.4K$5.15M−$564.9KCut−$2.21M
Brooklyn Investment Group49.6K$5.07M−$382.5KAdded$1.42M
O'SHAUGHNESSY ASSET MANAGEMENT, LLC48.9K$5M−$548.6KCut−$1.03M
Virtus Family Office LLC48.4K$4.95M−$416.5KAdded$738.4K
Y-Intercept (Hong Kong) Ltd48.4K$4.95MNew
B. Metzler seel. Sohn & Co. AG47.8K$4.88M−$535.8KCut−$1.72M
Sumitomo Mitsui DS Asset Management Company, Ltd46.8K$4.79M−$513.9KCut−$411.5K
Tower Research Capital LLC (TRC)46.5K$4.75M−$429.6KAdded$401.8K
AIA Group Ltd45.4K$4.63M−$398.4KAdded$605K
Louisiana State Employees Retirement System43.9K$4.49M−$492.1KCut−$582.8K
Capstone Capital Management Ltd41.9K$4.28M−$252.6KAdded$1.72M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main39.8K$4.07M−$401.8KAdded$7.37K
OPTIMAS CAPITAL Ltd38.4K$3.93M−$430.6KCut−$9.71M
Crossmark Global Holdings, Inc.38K$3.88M−$368.3KAdded$156.7K
Varma Mutual Pension Insurance Co37.5K$3.83M−$420.4KCut−$420.4K
LPL Financial LLC35.1K$3.59M−$393.9KCut−$812.5K
Havemeyer Place LP35.1K$3.58MNew
Freemont Capital Pte Ltd35K$3.58M−$392.3KCut−$392.4K
Mawer Investment Management Ltd.34.4K$3.51M−$385.5KCut−$385.5K
Ensign Peak Advisors, Inc34K$3.47M−$381.1KCut−$630.6K
Atom Investors LP33.6K$3.43MNew
Titan Wealth (CI) Ltd33K$3.37MNew
China Universal Asset Management Co., Ltd.32.5K$3.32M−$364.2KCut−$1.22M
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO32K$3.27M−$198.5KAdded$1.26M
Verition Fund Management LLC31.1K$3.18M−$348.6KCut−$427.6K
Marathon Trading Investment Management LLC30.6K$3.13M−$343.4KCut−$4.01M

Who left

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.