Who owns PDD?
Institutional ownership of PDD Holdings Inc. from Form 13F, Q2 2026
509 institutional managers reported holding PDD Holdings Inc. (PDD) in Form 13F filings for Q2 2026, with 431,144,877 shares worth $32.9B. The largest reported holder was BlackRock, Inc. Managers that filed both quarters added a net 19,617,621 shares (+4.8%). 56 opened new positions and 111 sold out.
- Funds holding
- 509
- Value held
- $32.9B
- New / sold out
- 56 / 111
- Net shares, same filers
- +4.8%
Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
Largest holders of PDD
| Fund | Value | Share of 13F holdings | Shares | Move |
|---|---|---|---|---|
| BlackRock, Inc. | $2.4B | 7.4% | 31,969,893 | Trimmed |
| Baillie Gifford & Co | $2.0B | 6.2% | 26,594,535 | Trimmed |
| H&H International Investment, LLC | $1.9B | 5.8% | 25,022,094 | Added |
| Vanguard Capital Management LLC | $1.9B | 5.7% | 24,646,256 | Added |
| Invesco Ltd. | $1.7B | 5.2% | 22,228,242 | Added |
| Goldman Sachs Group Inc | $1.1B | 3.2% | 14,006,939 | Added |
| HSG Holding Ltd | $866M | 2.6% | 11,348,426 | Unchanged |
| Himalaya Capital Management LLC | $821M | 2.5% | 10,761,119 | Added |
| State Street Corp | $786M | 2.4% | 10,303,417 | Trimmed |
| NetEase, Inc. | $730M | 2.2% | 9,566,480 | Added |
| First Beijing Investment Ltd | $715M | 2.2% | 9,377,416 | Added |
| Norges Bank | $712M | 2.2% | 9,338,120 | New |
| SC US (ttgp), LTD. | $674M | 2.1% | 8,841,576 | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $666M | 2.0% | 8,726,228 | Added |
| Sanders Capital, LLC | $605M | 1.8% | 7,936,717 | Trimmed |
| Vanguard Fiduciary Trust Co | $508M | 1.5% | 6,658,003 | Added |
| Geode Capital Management, LLC | $504M | 1.5% | 6,639,259 | Trimmed |
| FIL Ltd | $480M | 1.5% | 6,292,692 | Trimmed |
| JPMorgan Chase & Co | $461M | 1.4% | 6,017,649 | Trimmed |
| Krane Funds Advisors LLC | $441M | 1.3% | 5,780,324 | Added |
| UBS Group AG | $430M | 1.3% | 5,635,629 | Added |
| Morgan Stanley | $418M | 1.3% | 5,483,249 | Trimmed |
| Orbis Allan Gray Ltd | $408M | 1.2% | 5,353,562 | Added |
| Jane Street Group, LLC | $366M | 1.1% | 4,794,185 | Added |
| Greenwoods Asset Management Hong Kong Ltd. | $365M | 1.1% | 4,785,666 | Trimmed |
Share of 13F holdings is each fund's shares as a share of the 431,144,877 PDD shares all 13F filers reported, not of shares outstanding.
Biggest buyers in Q2 2026
- Invesco Ltd. Added+$1.2B
- Norges Bank New+$712M
- Himalaya Capital Management LLC Added+$469M
- H&H International Investment, LLC Added+$402M
- Jane Street Group, LLC Added+$352M
- Goldman Sachs Group Inc Added+$328M
- Orbis Allan Gray Ltd Added+$275M
- UBS Group AG Added+$239M
- Capula Management Ltd Added+$145M
- Alpine Investment Management Ltd Added+$120M
Biggest sellers in Q2 2026
- BlackRock, Inc. Trimmed-$567M
- FMR LLC Trimmed-$365M
- HHLR Advisors, LTD. Trimmed-$280M
- Assenagon Asset Management S.A. Sold out-$224M
- SG Americas Securities, LLC Trimmed-$219M
- Price T Rowe Associates Inc Trimmed-$207M
- Morgan Stanley Trimmed-$145M
- JPMorgan Chase & Co Trimmed-$145M
- Baillie Gifford & Co Trimmed-$134M
- State Street Corp Trimmed-$132M
The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $6.0B and sold $4.7B; 147 added and 233 trimmed.
Questions about PDD ownership
- Who owns PDD stock?
- 509 institutional investment managers reported PDD positions in their Form 13F filings for Q2 2026, holding 431,144,877 shares worth $32.9B in total. BlackRock, Inc. reported the largest position.
- Are funds buying or selling PDD?
- In Q2 2026, 56 managers opened new PDD positions, 147 added, 233 trimmed and 111 sold out. Managers that filed in both quarters added a net 19,617,621 shares.
- How current is this PDD institutional ownership data?
- It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to PDD by CUSIP. Options are left out. PDD news and filings · PDD insider trades · Top funds