DaveManuel.com · Institutional Ownership · Who Owns It
PDD HOLDINGS INC (PDD)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
522
Reporting holders
$40.3B
Reported value
9.5%
Calls
8.8%
Puts
-57
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | $3.0B incl. $2.6B options CALL+PUT | 4,794,185 | 0.25% | 31q | +2612.9%+$2.9B |
| BlackRock, Inc. | $2.4B | 31,969,893 | 0.04% | 8q | -18.9%-$567.4M |
| BAILLIE GIFFORD & CO | $2.0B | 26,594,535 | 1.84% | 31q | -6.2%-$134.1M |
| H&H International Investment, LLC | $1.9B | 25,022,094 | 9.99% | 10q | +26.7%+$402.3M |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.9B | 24,646,256 | 0.04% | 2q | +2.2%+$39.7M |
| Invesco Ltd. | $1.7B | 22,228,242 | 0.13% | 31q | +8.4%+$132.0M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.2B incl. $1.1B options CALL+PUT | 1,322,726 | 0.10% | 31q | -12.2%-$171.8M |
| GOLDMAN SACHS GROUP INC | $1.2B incl. $122.0M options CALL+PUT | 14,006,939 | 0.10% | 31q | +44.3%+$365.5M |
| HSG Holding Ltd | $865.7M | 11,348,426 | 72.31% | 31q | HELD |
| CITADEL ADVISORS LLC | $825.1M incl. $784.2M options CALL+PUT | 536,454 | 0.09% | 31q | -40.0%-$550.8M |
| Himalaya Capital Management LLC | $820.9M | 10,761,119 | 22.17% | 5q | +133.5%+$469.4M |
| STATE STREET CORP | $785.9M | 10,303,417 | 0.02% | 31q | -14.4%-$132.0M |
| UBS Group AG | $760.4M incl. $330.5M options CALL+PUT | 5,635,629 | 0.10% | 31q | +125.3%+$422.9M |
| NetEase, Inc. | $729.7M | 9,566,480 | 95.34% | 5q | +7.9%+$53.4M |
| First Beijing Investment Ltd | $715.3M | 9,377,416 | 29.27% | 13q | +15.1%+$93.7M |
| NORGES BANK | $712.3M | 9,338,120 | 0.07% | 28q | -0.6%-$4.4M |
| SC US (TTGP), LTD. | $674.4M | 8,841,576 | 2.11% | 31q | HELD |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $665.6M | 8,726,228 | 0.12% | 3q | +1.7%+$10.9M |
| Sanders Capital, LLC | $605.4M | 7,936,717 | 0.61% | 7q | -1.9%-$11.8M |
| IMC-Chicago, LLC | $565.9M incl. $561.8M options CALL+PUT | 53,689 | 0.14% | 19q | -88.6%-$4.4B |
| VANGUARD FIDUCIARY TRUST CO | $507.9M | 6,658,003 | 0.11% | 2q | +2.1%+$10.5M |
| GEODE CAPITAL MANAGEMENT, LLC | $504.1M | 6,639,259 | 0.03% | 31q | -3.1%-$16.2M |
| JPMORGAN CHASE & CO | $496.1M incl. $35.6M options CALL+PUT | 6,017,649 | 0.03% | 31q | -23.9%-$156.1M |
| FIL Ltd | $480.0M | 6,292,692 | 0.34% | 23q | -8.1%-$42.5M |
| Krane Funds Advisors LLC | $440.9M | 5,780,324 | 15.63% | 31q | +0.8%+$3.6M |
| MORGAN STANLEY | $418.3M | 5,483,249 | 0.02% | 32q | -25.8%-$145.4M |
| Orbis Allan Gray Ltd | $408.4M | 5,353,562 | 1.40% | 7q | +207.0%+$275.3M |
| Greenwoods Asset Management Hong Kong Ltd. | $365.1M | 4,785,666 | 16.70% | 22q | -6.2%-$24.3M |
| Mitsubishi UFJ Trust & Banking Corp | $363.1M | 4,760,515 | 0.79% | 30q | +33.5%+$91.2M |
| E Fund Management Co., Ltd. | $359.7M | 4,715,949 | 8.07% | 19q | +2.7%+$9.4M |
| Dodge & Cox | $347.1M | 4,550,000 | 0.18% | 3q | HELD |
| BNP PARIBAS FINANCIAL MARKETS | $334.2M incl. $43.8M options CALL+PUT | 3,805,975 | 0.12% | 15q | -16.4%-$65.7M |
| Legal & General Group Plc | $304.9M | 3,997,575 | 0.06% | 31q | -5.9%-$19.1M |
| Capula Management Ltd | $301.1M incl. $155.0M options CALL+PUT | 1,914,949 | 1.08% | 4q | +10790.3%+$298.3M |
| Temasek Holdings (Private) Ltd | $276.4M | 3,622,972 | 0.74% | 8q | -26.5%-$99.4M |
| SG Americas Securities, LLC | $264.2M incl. $2.8M options CALL+PUT | 3,426,679 | 0.15% | 30q | -45.6%-$221.7M |
| HSBC HOLDINGS PLC | $263.9M incl. $14.6M options CALL+PUT | 3,266,047 | 0.11% | 31q | -8.9%-$25.7M |
| CITIGROUP INC | $257.3M incl. $51.6M options CALL+PUT | 2,697,035 | 0.08% | 31q | +62.2%+$98.7M |
| Triata Capital Ltd | $245.0M | 3,211,624 | 41.64% | 7q | +54.2%+$86.1M |
| GROUP ONE TRADING LLC | $243.1M incl. $220.0M options CALL+PUT | 302,886 | 0.34% | 31q | +258.8%+$175.3M |
| DIMENSIONAL FUND ADVISORS LP | $242.2M | 3,174,566 | 0.04% | 26q | -15.1%-$42.9M |
| Capital International Investors | $239.1M | 3,135,019 | 0.05% | 7q | +49.0%+$78.6M |
| BANK OF AMERICA CORP /DE/ | $238.1M | 3,120,966 | 0.02% | 31q | +20.7%+$40.8M |
| NATIONAL BANK OF CANADA /FI/ | $219.2M | 2,873,404 | 0.16% | 19q | +54.4%+$77.2M |
| NORTHERN TRUST CORP | $204.7M | 2,683,483 | 0.02% | 31q | -15.1%-$36.5M |
| AustralianSuper Pty Ltd | $200.5M | 2,627,834 | 0.87% | 13q | +124.0%+$111.0M |
| Walleye Trading LLC | $193.3M incl. $151.8M options CALL+PUT | 543,714 | 0.22% | 31q | -11.0%-$23.8M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $189.6M | 2,485,298 | 0.27% | 12q | +54.4%+$66.8M |
| DEUTSCHE BANK AG\ | $179.5M | 2,353,277 | 0.05% | 32q | +17.6%+$26.9M |
| VANGUARD ASSET MANAGEMENT, Ltd | $165.7M | 2,172,283 | 0.11% | 2q | -5.9%-$10.3M |
| Perseverance Asset Management International | $165.0M | 2,163,479 | 16.86% | 26q | HELD |
| BARCLAYS PLC | $160.4M incl. $25.9M options CALL+PUT | 1,762,588 | 0.03% | 30q | -22.0%-$45.3M |
| Alpine Investment Management Ltd | $145.8M incl. $19.1M options OPT | 1,664,100 | 35.46% | 3q | +1664.0%+$137.6M |
| AMERICAN CENTURY COMPANIES INC | $130.0M | 1,703,940 | 0.06% | 25q | -18.5%-$29.4M |
| SIMPLEX TRADING, LLC | $126.8M CALL+PUT | options only | 0.07% | 22q | OPTIONS |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $126.1M | 1,652,472 | 0.02% | 31q | +14.9%+$16.3M |
| BRILLIANCE ASSET MANAGEMENT LTD | $119.2M | 1,562,304 | 35.12% | 3q | +121.8%+$65.4M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $116.2M | 1,553,647 | 0.04% | 17q | -11.1%-$14.6M |
| FMR LLC | $116.1M | 1,521,767 | 0.01% | 31q | -75.9%-$364.6M |
| IDG China Venture Capital Fund IV Associates L.P. | $115.4M | 1,513,394 | 78.39% | 27q | -13.5%-$18.0M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $112.5M | 1,475,390 | 0.17% | 3q | +57.2%+$41.0M |
| CMT Capital Markets Trading GmbH | $110.5M incl. $109.1M options CALL+PUT | 18,381 | 0.94% | 27q | +27.4%+$23.7M |
| PRUDENTIAL PLC | $108.9M | 1,427,305 | 0.59% | 23q | -11.9%-$14.7M |
| Sumitomo Mitsui Trust Group, Inc. | $106.0M | 1,389,751 | 0.06% | 31q | -18.4%-$23.8M |
| Capital Today Evergreen Fund, L.P. | $105.6M | 1,385,004 | 81.58% | 12q | HELD |
| Brevan Howard Capital Management LP | $103.3M CALL | options only | 0.76% | 5q | OPTIONS |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $102.7M | 1,341,412 | 0.07% | 28q | -55.1%-$125.9M |
| Connor, Clark & Lunn Investment Management Ltd. | $100.4M | 1,315,668 | 0.19% | 23q | +29.3%+$22.7M |
| Boundless Plain Holdings Ltd | $98.8M | 1,294,753 | 22.88% | 3q | HELD |
| Bank of New York Mellon Corp | $97.7M | 1,281,365 | 0.02% | 30q | -10.8%-$11.8M |
| FIRST TRUST ADVISORS LP | $97.4M | 1,276,749 | 0.06% | 31q | +6.7%+$6.1M |
| Holocene Advisors, LP | $96.1M | 1,260,000 | 0.22% | new | NEW |
| IvyRock Asset Management (HK) Ltd | $89.6M | 1,174,549 | 50.64% | 19q | +2.5%+$2.2M |
| D. E. Shaw & Co., Inc. | $84.4M incl. $83.1M options CALL+PUT | 17,473 | 0.04% | 30q | +59.7%+$31.6M |
| Point72 Asset Management, L.P. | $83.8M CALL+PUT | options only | 0.09% | 11q | OPTIONS |
| Swiss National Bank | $83.5M | 1,094,644 | 0.04% | 30q | -20.3%-$21.2M |
| MILLENNIUM MANAGEMENT LLC | $78.9M incl. $62.8M options CALL+PUT | 210,829 | 0.03% | 31q | +42.2%+$23.4M |
| California Public Employees Retirement System | $77.5M | 1,015,932 | 0.04% | 31q | -19.7%-$19.0M |
| Allspring Global Investments Holdings, LLC | $76.1M | 921,596 | 0.12% | 10q | +34.4%+$19.5M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $70.0M | 918,040 | 0.30% | new | NEW |
| GF FUND MANAGEMENT CO. LTD. | $69.3M | 907,898 | 0.83% | 7q | +9.3%+$5.9M |
| Nuveen, LLC | $67.0M | 878,598 | 0.02% | 6q | -28.9%-$27.2M |
| Green Court Capital Management Ltd | $66.8M | 875,658 | 57.10% | 5q | +108.2%+$34.7M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $64.3M | 842,296 | 0.04% | 30q | -10.6%-$7.6M |
| TUDOR INVESTMENT CORP ET AL | $63.9M incl. $52.8M options CALL+PUT | 146,171 | 0.09% | 22q | -62.1%-$104.6M |
| Qube Research & Technologies Ltd | $63.2M incl. $55.2M options CALL+PUT | 104,521 | 0.06% | 19q | HELD |
| Robeco Institutional Asset Management B.V. | $60.8M | 796,468 | 0.07% | 15q | -68.1%-$129.4M |
| Balyasny Asset Management L.P. | $60.2M incl. $56.3M options CALL+PUT | 50,925 | 0.08% | 20q | +606.4%+$51.7M |
| MARSHALL WACE, LLP | $60.2M incl. $2.2M options CALL+PUT | 759,453 | 0.05% | 26q | +135.4%+$34.6M |
| Saba Capital Management, L.P. | $58.7M incl. $49.8M options PUT | 116,400 | 1.51% | 4q | +124.4%+$32.6M |
| Pictet Asset Management Holding SA | $52.0M | 682,209 | 0.05% | 12q | -24.2%-$16.6M |
| Aberdeen Group plc | $51.9M | 679,955 | 0.07% | 29q | -19.7%-$12.7M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $49.9M | 654,008 | 0.02% | 4q | +45.0%+$15.5M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $49.4M | 647,140 | 0.00% | 28q | -80.7%-$207.1M |
| ProShare Advisors LLC | $49.0M | 642,198 | 0.07% | 28q | -26.1%-$17.3M |
| Capital Markets Trading UK LLP | $48.2M CALL+PUT | options only | 0.46% | 18q | OPTIONS |
| ROYAL LONDON ASSET MANAGEMENT LTD | $48.1M | 630,472 | 0.09% | 11q | -14.1%-$7.9M |
| WELLS FARGO & COMPANY/MN | $46.7M incl. $18.6M options PUT | 367,792 | 0.01% | 31q | +175.4%+$29.7M |
| Polar Capital Holdings Plc | $45.2M | 592,084 | 0.11% | 13q | -1.8%-$833.1K |
| FRANKLIN RESOURCES INC | $45.1M | 590,786 | 0.01% | 25q | -12.8%-$6.6M |
Showing the largest 100 of 522 reported holders.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-09-03 | Kam Anthony Ping Leung | Director | Sold | 1,705 | $140.2K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 102 | $1.1B | 14,234,329 | 15 | 29 | 39 | 0.2% |
| Q2 2026 | 522 | $40.3B | 430,878,108 | 58 | 145 | 239 | 18.4% |
| Q1 2026 | 579 | $50.0B | 425,226,148 | 70 | 220 | 193 | 13.3% |
| Q4 2025 | 584 | $61.6B | 443,226,269 | 74 | 231 | 164 | 18.5% |
| Q3 2025 | 578 | $74.9B | 414,431,869 | 85 | 218 | 168 | 27.1% |
| Q2 2025 | 557 | $53.7B | 410,910,760 | 74 | 199 | 199 | 20.0% |
| Q1 2025 | 600 | $61.7B | 416,876,703 | 96 | 218 | 190 | 20.4% |
| Q4 2024 | 600 | $50.6B | 401,239,730 | 77 | 189 | 217 | 21.7% |
| Q3 2024 | 627 | $75.3B | 431,414,533 | 95 | 233 | 231 | 24.6% |
| Q2 2024 | 658 | $73.0B | 442,138,411 | 146 | 279 | 171 | 19.5% |
| Q1 2024 | 596 | $55.4B | 410,370,702 | 94 | 220 | 200 | 13.9% |
| Q4 2023 | 613 | $69.9B | 401,690,585 | 130 | 213 | 153 | 16.0% |
| Q3 2023 | 502 | $42.1B | 368,613,276 | 90 | 208 | 127 | 13.9% |
| Q2 2023 | 464 | $26.7B | 335,577,148 | 65 | 148 | 186 | 11.9% |
| Q1 2023 | 481 | $31.3B | 355,883,061 | 79 | 175 | 153 | 13.8% |
| Q4 2022 | 475 | $31.5B | 326,220,589 | 95 | 163 | 146 | 15.3% |
| Q3 2022 | 404 | $41.7B | 626,894,747 | 68 | 174 | 103 | 5.6% |
| Q2 2022 | 398 | $38.0B | 1,701,487,061 | 102 | 137 | 99 | 6.4% |
| Q1 2022 | 346 | $30.3B | 2,029,919,363 | 49 | 152 | 90 | 4.7% |
| Q4 2021 | 367 | $30.6B | 1,694,971,230 | 46 | 140 | 115 | 7.9% |
| Q3 2021 | 399 | $54.3B | 1,526,749,931 | 69 | 176 | 105 | 6.4% |
| Q2 2021 | 421 | $63.9B | 1,585,766,703 | 58 | 173 | 134 | 6.8% |
| Q1 2021 | 444 | $125.7B | 1,740,350,121 | 111 | 179 | 109 | 4.3% |
| Q4 2020 | 419 | $129.1B | 688,404,302 | 128 | 137 | 91 | 5.1% |
| Q3 2020 | 293 | $25.7B | 326,450,833 | 55 | 117 | 71 | 6.0% |
| Q2 2020 | 284 | $50.0B | 608,680,620 | 100 | 92 | 60 | 4.3% |
| Q1 2020 | 214 | $14.3B | 776,096,521 | 44 | 80 | 50 | 6.9% |
| Q4 2019 | 210 | $11.8B | 829,962,526 | 45 | 55 | 69 | 7.0% |
| Q3 2019 | 196 | $9.4B | 757,650,891 | 49 | 57 | 68 | 5.3% |
| Q2 2019 | 180 | $3.5B | 1,142,397,016 | 47 | 73 | 41 | 9.4% |
| Q1 2019 | 191 | $3.1B | 116,669,743 | 107 | 46 | 27 | 5.8% |
| Q4 2018 | 108 | $1.8B | 76,402,717 | 6 | 3 | 1 | 3.5% |