DOSSIER · 13F Holders · Q1 2026
PDD

PDD HOLDINGS INC

598 institutions still hold PDD HOLDINGS INC as of Q1 2026. Tracked across SEC 13F-HR filings, with insider and 13D/G activity surfaced alongside.

CUSIP 722304102·598 13F holders·last filed Mar 31, 2026
Market cap
13F value held
$28.1B
visible holders
Holders
598
filers reporting
Concentration
14.31%
BlackRock, Inc. #1
top holder share
AI Holders Summary · Q1 2026

PDD's Q1 2026 ownership base is large and contested: BlackRock leads with about .03B, roughly 9% of the .7B tracked value, followed by Baillie Gifford near 7%, passive-index Vanguard Capital near 6%, and H&H International near 5%. The quarter's sharp signal is a split tape—UBS Asset Management, H&H, NetEase, JPMorgan, and Morgan Stanley added heavily, while FMR, HHLR, Jane Street, Baillie Gifford, Goldman, and State Street cut exposure, so PDD shows deep ownership but no clean consensus.

Top holders

Sorted by position value. Source: SEC EDGAR 13F-HR filings.

#HolderValueShares% port.Quarter
01
BlackRock, Inc.
CIK 0002012383
$4.0B39.4M0.07%Q1 2026
02
BAILLIE GIFFORD & CO
CIK 0001088875
$2.9B28.4M2.96%Q1 2026
03
VANGUARD CAPITAL MANAGEMENT LLC
CIK 0002100119· Index
$2.5B24.1M0.06%Q1 2026
04
Invesco Ltd.
CIK 0000914208
$2.1B20.5M0.20%Q1 2026
05
H&H International Investment, LLC
CIK 0001759760
$2.0B19.7M10.09%Q1 2026
06
SUSQUEHANNA INTERNATIONAL GROUP, LLP
CIK 0001446194· Market maker
$1.5B14.6M0.17%Q1 2026
07
GOLDMAN SACHS GROUP INC
CIK 0000886982
$1.3B12.8M0.15%Q1 2026
08
STATE STREET CORP
CIK 0000093751
$1.2B12.0M0.04%Q1 2026
09
HSG Holding Ltd
CIK 0001470766
$1.2B11.3M63.61%Q4 2025
10
JANE STREET GROUP, LLC
CIK 0001595888· Market maker
$965M9.4M0.12%Q1 2026
11
CITADEL ADVISORS LLC
CIK 0001423053
$943M8.3M0.14%Q4 2025
12
UBS Group AG
CIK 0001610520
$924M9.0M0.14%Q1 2026
13
NetEase, Inc.
CIK 0001110646
$906M8.9M96.95%Q1 2026
14
SC US (TTGP), LTD.
CIK 0001607841
$903M8.8M9.77%Q1 2026
15
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
CIK 0000861177
$877M8.6M0.18%Q1 2026
16
First Beijing Investment Ltd
CIK 0001701717
$833M8.1M35.91%Q1 2026
17
Sanders Capital, LLC
CIK 0001508097
$827M8.1M0.99%Q1 2026
18
JPMORGAN CHASE & CO
CIK 0000019617
$779M7.9M0.05%Q1 2026
19
MORGAN STANLEY
CIK 0000895421
$755M7.4M0.05%Q1 2026
20
FIL Ltd
CIK 0000318989
$700M6.8M0.54%Q1 2026
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Insiders at PDD HOLDINGS INC
Wang MiZhao JiazhenKam Anthony Ping LeungRietjens Ivonne Mcm