PDD Ownership | Who Owns PDD?

PDD Ownership Summary

PDD is owned by 22.48% institutional investors, 0.27% insiders, and 77.25% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 2.81% of PDD shares. Invesco QQQ Trust is the top mutual fund, with 1.00% of its assets in PDD shares.

PDD Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	PDD	22.48%	0.27%	77.25%
Sector	Consumer Cyclical Stocks	33.27%	14.14%	52.59%
Industry	Specialty Retail Stocks	23.76%	12.36%	63.88%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	39.41M	2.81%	$4.03B
Vanguard group	32.81M	2.34%	$3.72B
Blackrock	29.12M	2.11%	$3.87B
Baillie gifford	28.35M	2.02%	$2.90B
Fmr	17.32M	1.24%	$2.29B
State street	12.26M	0.88%	$1.39T
Sc china	11.35M	0.81%	$1.48B
Norges bank	9.40M	0.67%	$1.07B
Sc us (ttgp)	8.84M	0.63%	$1.17B
Netease	8.87M	0.63%	$905.98M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Netease	8.87M	96.95%	$905.98M
Capital today evergreen fund	1.39M	81.80%	$141.52M
Idg china venture capital fund iv associates	1.75M	81.52%	$178.72M
Sc china	11.35M	77.21%	$1.48B
Ivyrock asset management (hk)	1.15M	65.78%	$117.04M
Green court capital management	420.56K	39.76%	$42.97M
Triata capital	2.54M	39.25%	$336.30B
First beijing investment	8.15M	35.91%	$832.68M
Perseverance asset management	1.96M	32.60%	$222.48M
Franchise capital	501.46K	28.85%	$66.28M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	9.40M	0.11%	9.40M
Ubs asset management americas	8.58M	0.18%	8.58M
Vanguard fiduciary trust	6.52M	0.17%	6.52M
Netease	8.87M	96.95%	5.31M
E fund management	4.59M	13.94%	4.59M

Top Sellers

Holder	Shares	% Assets	Change
Assenagon asset management	2.19M	0.34%	-4.53M
Tiger global management	-	-	-4.42M
Baillie gifford	28.35M	2.96%	-2.68M
Capital investors	2.10M	0.05%	-2.59M
Olp capital management	-	-	-2.39M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	9.40M	0.11%	9.40M	$1.07B
Vanguard fiduciary trust	6.52M	0.17%	6.52M	$666.19M
E fund management	4.59M	13.94%	4.59M	$469.32M
Vanguard asset management	2.31M	0.20%	2.31M	$235.78M
Altimeter capital management, lp	1.37M	2.39%	1.37M	$181.29M

Sold Out

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

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Dec 31, 2025	469	-26.83%	314,517,058	-22.99%	22	2.63%	247	-23.29%	132	-22.81%
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%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Invesco QQQ Trust	14.30M	1.00%	105.15K
Vanguard Total Intl Stock Index Inv	11.11M	0.78%	-20.60K
Vanguard Emerging Mkts Stock Idx Inv	10.53M	0.74%	17.21K
iShares Core MSCI Emerging Markets ETF	7.87M	0.55%	-
Invesco S&P 500 ETF	6.70M	0.47%	6.70M
Vanguard Instl Ttl Intl Stk Mkt Idx TrII	5.60M	0.39%	21.07K
KraneShares CSI China Internet ETF	5.45M	0.38%	-
Vanguard International Growth Inv	4.42M	0.31%	-176.20K
Scottish Mortgage Ord	4.07M	0.29%	804.00
Goldman Sachs GQG Ptnrs Intl Opps Instl	3.46M	0.25%	3.46M

Recent Insider Transactions

Date	Name	Role	Activity	Value
Mar 30, 2026	Rietjens Ivonne MCM	-	Sell	$55.77K
Mar 30, 2026	Kam Anthony Ping Leung	-	Sell	$152.42K

Insider Transactions Trends

Date	Buy	Sell
2026 Q1	-	2

PDD Ownership FAQ

Who Owns PDD?

PDD shareholders are primarily institutional investors at 22.48%, followed by 0.27% insiders and 77.25% retail investors. The average institutional ownership in PDD's industry, Specialty Retail Stocks , is 23.76%, which PDD falls below.

Who owns the most shares of PDD?

PDD’s largest shareholders are Blackrock funding, inc. /de (39.41M shares, 2.81%), Vanguard group (32.81M shares, 2.34%), and Blackrock (29.12M shares, 2.11%). Together, they hold 7.27% 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 96.95% of its assets in 8.87M PDD shares, valued at 905.98M$.

Who is the top mutual fund holder of PDD shares?

Invesco QQQ Trust is the top mutual fund holder of PDD shares, with 1.00% of its total shares outstanding invested in 14.3M PDD shares.

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