PDD Holdings Inc.
PDD Holdings Inc. (PDD) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · PDD · as of Sep 30, 2024
Ownership Breakdown
689
Institutional Holders
▼ 40 vs Q2
$55.71B
Total Inst. Value
▼ $1.82B vs Q2
1.40B
Shares Outstanding
freeFloat 98.93%
423.72M
13F Shares Held
▼ 9.44M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
PDD largest shareholders · institutional ownership
Q3 2024 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
MORGAN STANLEY services-business services, nec | 10.54M | 71.15% | 71.15% | $1.42T | May 14, 2025 | ▼ 1.43M |
BAILLIE GIFFORD & CO services-business services, nec | 36.12M | 65.15% | 65.15% | $4.87T | Nov 5, 2024 | ▲ 988.0K |
NORGES BANK services-business services, nec | 9.36M | 63.15% | 63.15% | $1.26T | Nov 12, 2025 | ▼ 973.1K |
BLACKROCK, INC. services-business services, nec | 33.01M | 59.55% | 59.55% | $4.45T | Nov 13, 2024 | NEW |
VANGUARD GROUP INC services-business services, nec | 28.39M | 51.22% | 51.22% | $3.83T | Nov 13, 2024 | ▲ 148.5K |
JANE STREET GROUP, LLC services-business services, nec | 21.97M | 39.62% | 39.62% | $2.96T | Nov 15, 2024 | NEW |
FMR LLC services-business services, nec | 20.93M | 37.76% | 37.76% | $2.82T | Nov 13, 2024 | ▲ 1.65M |
SUSQUEHANNA INTERNATIONAL GROUP, LLP services-business services, nec | 19.32M | 34.86% | 34.86% | $2.61T | Nov 14, 2024 | ▲ 9.64M |
LEGAL & GENERAL GROUP PLC services-business services, nec | 4.15M | 28.04% | 28.04% | $560.13B | Feb 28, 2025 | ▲ 339.3K |
SC CHINA HOLDING LTD services-business services, nec | 15.44M | 27.86% | 27.86% | $1.93T | Nov 13, 2024 | ▼ 850.7K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2024 vs prior quarter
Q3 2024
29
Increased
+57.37M shares3
New Positions
first time holders18
Decreased
−16.64M shares0
Sold Out
fully exitedNet shares change (top 50)
+40.72M
+57.37M / −16.64M
Net new holders
+14
3 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
PDD insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
2
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Rietjens Ivonne MCM director | Mar 30, 2026 | Sale | 560 | $99.59 | $55.8K | 0 | Form 4 ↗ |
Kam Anthony Ping Leung director | Mar 30, 2026 | Sale | 1,533 | $99.43 | $152.4K | 0 | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
PDD Holdings Inc. (PDD) is primarily owned by institutional investors, who hold approximately 30.2% of total shares outstanding. Company insiders own approximately 1.07%, while retail and public investors account for the remaining 68.75%.
The largest institutional shareholder of PDD Holdings Inc. is MORGAN STANLEY, holding approximately 10.54 million shares — equal to 71.15% of outstanding shares — as of September 30, 2024.
A total of 689 institutional investors currently hold PDD stock, with a combined institutional value of approximately $55.71 billion as of the most recent 13F filing period.
Frequently asked questions
PDD ownershipPDD Holdings Inc. (PDD) is primarily owned by institutional investors, who hold approximately 30.2% of shares. The largest shareholder is MORGAN STANLEY with a 71.15% stake. Company insiders hold 1.07%. Data sourced from SEC Form 13F as of September 30, 2024.