PDD PDD Holdings Inc.

NASDAQ
$80.50

PDD Holdings Inc. (PDD) Institutional Ownership

What the institutions did with PDD last quarter, from their 13F filings. Counting managers rather than shares is the point: a single index fund adding to a position tells you far less than four hundred separate managers all deciding to. Positions as reported for the quarter ended September 30, 2026.

Managers compared
243
filed both this quarter and last
Managers holding
219
+2 on the quarter
Buyers
92
26 opened new
Sellers
109
24 sold out entirely
Buyer share
45.8%
of managers who traded it
Breadth
-8.5
net buyers, as a share of those trading

Every manager below opens. Subscribers can see any firm's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.

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Ownership map

Each block is one manager, sized by shares held and colored by how much they moved the position last quarter. Green added, red cut, grey stood pat.

Cut Unchanged Added Color saturates at ±50%.

Largest holders

Manager Shares % of reported
BAILLIE GIFFORD & CO 11.6M 15.8%
Sanders Capital, LLC 7.9M 10.8%
GEODE CAPITAL MANAGEMENT, LLC 6.6M 8.9%
Krane Funds Advisors LLC 5.4M 7.3%
DIMENSIONAL FUND ADVISORS LP 2.7M 3.7%
Temasek Holdings (Private) Ltd 2.7M 3.6%
Assenagon Asset Management S.A. 2.6M 3.5%
CITIGROUP INC 2.4M 3.3%
BRILLIANCE ASSET MANAGEMENT LTD 1.8M 2.4%
BARCLAYS PLC 1.6M 2.2%
DEUTSCHE BANK AG\ 1.6M 2.1%
FMR LLC 1.5M 2.0%
Capital Today Evergreen Fund, L.P. 1.4M 1.9%
Boundless Plain Holdings Ltd 1.3M 1.8%
Sumitomo Mitsui Trust Group, Inc. 1.3M 1.7%
ACADIAN ASSET MANAGEMENT LLC 1.2M 1.7%
Bank of New York Mellon Corp 1.2M 1.6%
IvyRock Asset Management (HK) Ltd 1.2M 1.6%
Robeco Institutional Asset Management B.V. 1.1M 1.5%
GF FUND MANAGEMENT CO. LTD. 945.9K 1.3%
Allspring Global Investments Holdings, LLC 931.9K 1.3%
Russell Investments Group, Ltd. 856.4K 1.2%
Nuveen, LLC 849.6K 1.2%
Mitsubishi UFJ Asset Management Co., Ltd. 809.4K 1.1%
AustralianSuper Pty Ltd 696.7K 0.9%

Largest changes

Manager Action Previous Current Change
BAILLIE GIFFORD & CO Reduced 26.6M 11.6M -15.0M
Assenagon Asset Management S.A. New 0 2.6M +2.6M
AustralianSuper Pty Ltd Reduced 2.6M 696.7K -1.9M
ACADIAN ASSET MANAGEMENT LLC Increased 33.1K 1.2M +1.2M
Temasek Holdings (Private) Ltd Reduced 3.6M 2.7M -966.7K
DEUTSCHE BANK AG\ Reduced 2.4M 1.6M -786.4K
Pictet Asset Management Holding SA Sold Out 682.2K 0 -682.2K
DIMENSIONAL FUND ADVISORS LP Reduced 3.2M 2.7M -427.6K
Krane Funds Advisors LLC Reduced 5.8M 5.4M -369.3K
Robeco Institutional Asset Management B.V. Increased 796.5K 1.1M +325.1K
Aberdeen Group plc Reduced 680.0K 378.2K -301.8K
Russell Investments Group, Ltd. Increased 574.9K 856.4K +281.5K
CITIGROUP INC Reduced 2.7M 2.4M -261.7K
TB Alternative Assets Ltd. Sold Out 230.1K 0 -230.1K
DekaBank Deutsche Girozentrale Increased 408.0K 635.3K +227.2K
BRILLIANCE ASSET MANAGEMENT LTD Increased 1.6M 1.8M +214.4K
Achmea Investment Management B.V. New 0 170.6K +170.6K
SteelPeak Wealth, LLC Sold Out 170.5K 0 -170.5K
True Light Capital Pte. Ltd. Reduced 589.1K 431.2K -157.9K
Franchise GP Ltd Reduced 497.9K 346.9K -150.9K
Fideuram Asset Management (Ireland) dac Reduced 224.2K 89.0K -135.2K
Sumitomo Mitsui Trust Group, Inc. Reduced 1.4M 1.3M -124.9K
BARCLAYS PLC Reduced 1.8M 1.6M -118.4K
Bank of New York Mellon Corp Reduced 1.3M 1.2M -104.6K
GEODE CAPITAL MANAGEMENT, LLC Reduced 6.6M 6.6M -81.2K
Twin Peaks Capital Ltd New 0 65.0K +65.0K
Ranmore Fund Management Ltd Increased 300.0K 360.0K +60.0K
Vontobel Holding Ltd. Reduced 62.5K 6.8K -55.7K
FMR LLC Reduced 1.5M 1.5M -48.9K
Lido Advisors, LLC New 0 44.4K +44.4K
NEOS Investment Management LLC Increased 404.2K 447.9K +43.6K
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC Reduced 131.5K 88.3K -43.2K
Wellington Shields Capital Management, LLC Sold Out 42.8K 0 -42.8K
BARINGS LLC Reduced 587.9K 545.3K -42.6K
Y-Intercept (Hong Kong) Ltd Reduced 55.8K 13.5K -42.3K
ProShare Advisors LLC Increased 642.2K 681.2K +39.0K
GF FUND MANAGEMENT CO. LTD. Increased 907.9K 945.9K +38.0K
Creative Planning Reduced 91.7K 53.7K -38.0K
Capstone Capital Management Ltd Reduced 52.2K 14.6K -37.6K
Mitsubishi UFJ Asset Management Co., Ltd. Reduced 842.3K 809.4K -32.9K
NATIXIS Reduced 71.5K 39.0K -32.5K
Union Bancaire Privee, UBP SA Reduced 85.0K 53.2K -31.8K
KBC Group NV Reduced 419.7K 388.9K -30.8K
DANSKE BANK A/S Reduced 108.2K 77.6K -30.6K
Nuveen, LLC Reduced 878.6K 849.6K -29.0K
M&G PLC Increased 248.6K 274.1K +25.5K
TODD ASSET MANAGEMENT LLC Increased 314.3K 338.3K +24.0K
COMGEST GLOBAL INVESTORS S.A.S. Reduced 41.0K 18.3K -22.7K
MACKENZIE FINANCIAL CORP Increased 81.7K 103.9K +22.3K
LBP AM SA Increased 20.0K 42.0K +22.0K
LB Partners LLC Sold Out 22.0K 0 -22.0K
China Universal Asset Management Co., Ltd. Increased 36.7K 58.4K +21.7K
Candriam S.C.A. Increased 65.3K 86.3K +21.0K
AIA Group Ltd Sold Out 20.4K 0 -20.4K
ALPS ADVISORS INC Reduced 31.7K 11.8K -19.9K
Nykredit A/S Increased 131.6K 150.0K +18.3K
Fisher Asset Management, LLC Reduced 560.0K 542.8K -17.2K
DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. Reduced 110.0K 94.3K -15.7K
Polaris Capital Management, LLC Increased 21.4K 35.0K +13.6K
IvyRock Asset Management (HK) Ltd Reduced 1.2M 1.2M -11.8K

13F filings are due 45 days after quarter end and cover long positions in U.S.-listed equities only, so this is a lagged and partial picture: shorts, bonds and foreign listings never appear. Options positions are excluded here rather than folded into the share counts. Political ownership is coming.