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, 2025
Ownership Breakdown
644
Institutional Holders
▲ 24 vs Q2
$56.27B
Total Inst. Value
▲ $13.39B vs Q2
1.40B
Shares Outstanding
freeFloat 98.93%
408.43M
13F Shares Held
▼ 1.55M 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 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. services-business services, nec | 35.84M | 2.57% | 2.57% | $4.74T | Nov 12, 2025 | ▲ 2.54M |
VANGUARD GROUP INC services-business services, nec | 32.38M | 2.32% | 2.32% | $4.28T | Nov 7, 2025 | ▲ 349.0K |
BAILLIE GIFFORD & CO services-business services, nec | 31.80M | 2.28% | 2.28% | $4.20T | Oct 31, 2025 | ▼ 2.57M |
SUSQUEHANNA INTERNATIONAL GROUP, LLP services-business services, nec | 17.56M | 1.26% | 1.26% | $2.32T | Nov 14, 2025 | ▲ 7.40M |
FMR LLC services-business services, nec | 17.32M | 1.24% | 1.24% | $2.29T | Nov 13, 2025 | ▲ 2.39M |
JANE STREET GROUP, LLC services-business services, nec | 12.28M | 87.91% | 87.91% | $1.62T | Nov 14, 2025 | ▲ 5.16M |
STATE STREET CORP services-business services, nec | 12.10M | 86.64% | 86.64% | $1.60T | Nov 14, 2025 | ▲ 374.9K |
JANE STREET GROUP, LLC services-business services, nec | 11.57M | 82.86% | 82.86% | $1.53T | Nov 14, 2025 | ▲ 2.41M |
SC CHINA HOLDING LTD services-business services, nec | 11.35M | 81.24% | 81.24% | $1.48T | Nov 14, 2025 | ▼ 2.25M |
SUSQUEHANNA INTERNATIONAL GROUP, LLP services-business services, nec | 10.18M | 72.88% | 72.88% | $1.35T | Nov 14, 2025 | ▼ 1.50M |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
33
Increased
+54.23M shares1
New Positions
first time holders14
Decreased
−13.56M shares0
Sold Out
fully exitedNet shares change (top 50)
+40.68M
+54.23M / −13.56M
Net new holders
+20
1 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 29.1% of total shares outstanding. Company insiders own approximately 1.07%, while retail and public investors account for the remaining 69.84%.
The largest institutional shareholder of PDD Holdings Inc. is BLACKROCK, INC., holding approximately 35.84 million shares — equal to 2.57% of outstanding shares — as of September 30, 2025.
A total of 644 institutional investors currently hold PDD stock, with a combined institutional value of approximately $56.27 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 29.1% of shares. The largest shareholder is BLACKROCK, INC. with a 2.57% stake. Company insiders hold 1.07%. Data sourced from SEC Form 13F as of September 30, 2025.