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 2.80% of PDD shares. Invesco QQQ Trust is the top mutual fund, with 1.01% 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	33.14%	14.17%	52.68%
Industry	Specialty Retail Stocks	23.75%	12.36%	63.89%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	39.15M	2.80%	$4.44B
Vanguard group	32.81M	2.34%	$3.72B
Baillie gifford	31.03M	2.22%	$3.52B
Blackrock	29.12M	2.11%	$3.87B
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
Goldman sachs group	8.83M	0.63%	$1.00B

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Netease	3.56M	93.24%	$403.16M
Capital today evergreen fund	1.63M	85.65%	$185.29M
Sc china	11.35M	77.21%	$1.48B
Ivyrock asset management (hk)	991.51K	59.30%	$112.43M
Idg china venture capital fund iv associates	2.00M	55.43%	$264.08M
Anglepoint asset management	513.11K	43.14%	$58.18M
Triata capital	2.54M	39.25%	$336.30B
Green court capital management	856.96K	38.25%	$99.48M
Perseverance asset management	1.96M	32.60%	$222.48M
First beijing investment	6.17M	31.48%	$815.32M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	9.40M	0.11%	9.40M
Assenagon asset management	6.73M	1.05%	5.07M
Hsbc	8.42M	0.61%	4.08M
Fil	7.21M	0.75%	3.65M
Blackrock funding, inc. /de	39.15M	0.07%	3.31M

Top Sellers

Holder	Shares	% Assets	Change
Jane street group	55.07K	0.00%	-4.62M
Tiger global management	-	-	-4.42M
Olp capital management	-	-	-2.39M
Sc china	11.35M	77.21%	-2.25M
Sc us (ttgp)	8.84M	7.21%	-1.75M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	9.40M	0.11%	9.40M	$1.07B
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
Brilliance asset management	595.17K	26.49%	595.17K	$67.49M

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	14.29M	1.01%	-31.67K
Vanguard Total Intl Stock Index Inv	11.12M	0.78%	10.18K
Vanguard Emerging Mkts Stock Idx Inv	10.38M	0.73%	134.85K
iShares Core MSCI Emerging Markets ETF	7.87M	0.55%	2.53M
Invesco S&P 500 ETF	6.70M	0.47%	6.70M
Vanguard Instl Ttl Intl Stk Mkt Idx TrII	5.67M	0.40%	-84.52K
KraneShares CSI China Internet ETF	5.28M	0.37%	-11.70K
Vanguard International Growth Inv	4.60M	0.32%	-118.22K
Scottish Mortgage Ord	4.07M	0.29%	-1.45K
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 22.48%, followed by 0.27% insiders and 77.25% retail investors. The average institutional ownership in PDD's industry, Specialty Retail Stocks , is 23.75%, which PDD falls below.

Who owns the most shares of PDD?

PDD’s largest shareholders are Blackrock funding, inc. /de (39.15M shares, 2.80%), Vanguard group (32.81M shares, 2.34%), and Baillie gifford (31.03M shares, 2.22%). Together, they hold 7.36% 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 93.24% of its assets in 3.56M PDD shares, valued at 403.16M$.

Who is the top mutual fund holder of PDD shares?

Invesco QQQ Trust is the top mutual fund holder of PDD shares, with 1.01% of its total shares outstanding invested in 14.29M PDD shares.

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