PDD Ownership | Who Owns PDD?

PDD Ownership Summary

PDD is owned by 29.02% institutional investors, and 70.98% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 2.57% of PDD shares. Invesco QQQ Trust is the top mutual fund, with 0.97% of its assets in PDD shares.

PDD Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	PDD	29.02%	-	70.98%
Sector	Consumer Cyclical Stocks	42.53%	14.10%	43.38%
Industry	Specialty Retail Stocks	35.77%	12.65%	51.58%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	35.84M	2.57%	$4.74B
Vanguard group	32.38M	2.32%	$4.28B
Baillie gifford	31.80M	2.28%	$4.20T
Blackrock	29.12M	2.11%	$3.87B
Fmr	17.32M	1.24%	$2.29B
State street	12.10M	0.87%	$1.60B
Sc china	11.35M	0.81%	$1.48B
Goldman sachs group	10.05M	0.72%	$1.33B
Sc us (ttgp)	8.84M	0.63%	$1.17B
Hhlr advisors	8.59M	0.62%	$1.14B

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Netease	3.56M	94.22%	$469.93B
Capital today evergreen fund	2.49M	92.62%	$329.58B
Sc china	11.35M	77.21%	$1.48B
Green court capital management	1.06M	63.76%	$140.21M
Ivyrock asset management (hk)	1.04M	58.79%	$136.83M
Idg china venture capital fund iv associates	2.00M	55.43%	$264.08M
Triata capital	2.54M	39.25%	$336.30B
Anglepoint asset management	294.65K	35.04%	$38.94M
First beijing investment	6.17M	31.48%	$815.32M
Perseverance asset management	1.33M	30.28%	$176.21M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	8.37M	0.11%	8.37M
Hsbc	8.42M	0.61%	4.08M
Fil	7.21M	0.75%	3.65M
Aspex management (hk)	3.17M	8.88%	3.17M
Jane street group	4.68M	0.09%	2.93M

Top Sellers

Holder	Shares	% Assets	Change
Ubs asset management americas	-	-	-9.24M
Assenagon asset management	1.66M	0.30%	-5.74M
Tiger global management	-	-	-4.42M
Baillie gifford	31.80M	3.11%	-2.57M
Olp capital management	-	-	-2.39M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	8.37M	0.11%	8.37M	$812.25M
Aspex management (hk)	3.17M	8.88%	3.17M	$419.29M
Altimeter capital management, lp	1.37M	2.39%	1.37M	$181.29M
Bank pictet & cie (asia)	651.00K	5.50%	651.00K	$86.55M
Charles-lim capital	600.00K	20.23%	600.00K	$79.30B

Sold Out

Holder	Change
Cornerstone planning group	-1.00
Mine & arao wealth creation & management, llc.	-1.00
Van hulzen asset management	-2.00
Salem investment counselors	-2.00
Central trust	-2.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2025	615	2.50%	405,427,377	3.95%	29	59.14%	312	16.42%	159	-22.44%
Jun 30, 2025	609	-7.73%	409,788,152	-8.49%	7	12.90%	272	-17.82%	205	12.02%
Mar 31, 2025	34	-94.84%	28,517,552	-92.87%	-	0.92%	10	-96.72%	10	-95.59%
Dec 31, 2024	292	-57.00%	181,731,622	-56.29%	3	5.83%	142	-58.84%	108	-52.21%
Sep 30, 2024	671	-6.68%	415,238,019	-4.39%	28	2.82%	342	-19.91%	221	29.24%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Invesco QQQ Trust	13.77M	0.97%	95.59K
Vanguard Total Intl Stock Index Inv	11.02M	0.78%	8.11K
Vanguard Emerging Mkts Stock Idx Inv	10.07M	0.71%	119.10K
iShares Core MSCI Emerging Markets ETF	6.73M	0.47%	-
Invesco S&P 500 ETF	6.70M	0.47%	6.70M
Vanguard Instl Ttl Intl Stk Mkt Idx TrII	5.69M	0.40%	-522.00
Vanguard International Growth Inv	5.40M	0.38%	-3.36M
KraneShares CSI China Internet ETF	5.30M	0.37%	4.83K
Scottish Mortgage Ord	4.80M	0.34%	-978.95K
Goldman Sachs GQG Ptnrs Intl Opps Instl	3.46M	0.25%	3.46M

PDD Ownership FAQ

Who Owns PDD?

PDD shareholders are primarily institutional investors at 29.02%, followed by 0% insiders and 0% retail investors. The average institutional ownership in PDD's industry, Specialty Retail Stocks , is 35.77%, which PDD falls below.

Who owns the most shares of PDD?

PDD’s largest shareholders are Blackrock funding, inc. /de (35.84M shares, 2.57%), Vanguard group (32.38M shares, 2.32%), and Baillie gifford (31.8M shares, 2.28%). Together, they hold 7.16% of PDD’s total shares outstanding.

Does Blackrock own PDD?

Yes, BlackRock owns 2.11% of PDD, totaling 29.12M shares as of Jun 2024. This represents 0.09% of BlackRock's total assets, with a market value of 3.87B$. In the last quarter, BlackRock increased its holdings by 973.5K shares, a 3.46% change.

Who is PDD’s biggest shareholder by percentage of total assets invested?

Netease is PDD’s biggest shareholder by percentage of total assets invested, with 94.22% of its assets in 3.56M PDD shares, valued at 469.93B$.

Who is the top mutual fund holder of PDD shares?

Invesco QQQ Trust is the top mutual fund holder of PDD shares, with 0.97% of its total shares outstanding invested in 13.77M PDD shares.

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