$PDD

$78.13 -$0.91 (1.15%) Close

$PDD Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 5.59B shares outstanding

Who owns PDD?

By type of holder

Institutions 7.7% Insiders 0.0% Everyone else 92.3%

Concentration Top 10 holders own 3.3%

BlackRock, Inc. 0.6% · Baillie Gifford & Co 0.5%

Institutional ownership

7.7%

+0.1 pts vs last qtr

Institutional holders

507

-62 vs last qtr

Net shares bought

+4.2M

by institutions in Q2 2026

New / sold out

61 / 123

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Norges Bank NEW +9.3M
Himalaya Capital Management LLC +6.2M

Biggest sellers in Q2 2026

BlackRock, Inc. −7.4M
FMR LLC −4.8M

Who is planning to sell?

Notices of proposed sale, last 12 months

$349K

3 notices from 2 people

Shares covered

3.8K

0.00% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Kam Anthony Ping Leung Director $293K
Rietjens Ivonne MCM Director $55.9K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+226.7%

+14.06% a year

Each share's claim on the business

−69.4%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$32.7M vs $43.6B

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years64% 3–5 years6% 1–3 years20% Under 1 year11%

Quarterly turnover

14.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting PDD on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	32.0M	0.57%	−7.4M (−18.9%)	≤2021	0.0%
Shares held by quarter Peak holding39.4M (Q1'26) Change over 8 quarters−1.0M Share of the company0.570% BlackRock, Inc.'s full portfolio →
BG Baillie Gifford & Co	26.6M	0.48%	−1.8M (−6.2%)	≤2021	1.8%
Shares held by quarter Peak holding40.0M (Q1'25) Change over 8 quarters−9.5M Share of the company0.480% Baillie Gifford & Co's full portfolio →

BlackRock, Inc.

32.0M

% of company

0.57%

Change vs last qtr

−7.4M (−18.9%)

Held since

≤2021

Baillie Gifford & Co

26.6M

% of company

0.48%

Change vs last qtr

−1.8M (−6.2%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding PDD Holdings Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting PDD on Form N-PORT; together they hold 1.3% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
IQ Invesco QQQ Trust, Series 1 Invesco QQQ Trust, Series 1	$1.08B	14.2M	0.25%	0.22%	June 30, 2026
IC iShares Core MSCI Emerging Markets ETF iShares, Inc.	$560M	6.7M	0.12%	0.35%	August 31, 2026

Invesco QQQ Trust, Series 1

Position value

$1.08B

% of company

0.25%

% of the fund

0.22%

As of

June 30, 2026

iShares Core MSCI Emerging Markets ETF

iShares, Inc.

Position value

$560M

% of company

0.12%

% of the fund

0.35%

As of

August 31, 2026

23 more funds behind a free account

See every fund holding PDD Holdings Inc. and how much of the fund the position is.

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