Stocklore

PDD Holdings Inc. American Depositary Shares (PDD)

Retail · US stock

What changed in recent filings

  • Institutions — 2 new · 3 reduced13F · as of end of 2026 Q2

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Institutions holding PDD Holdings Inc. American Depositary Shares

How many of the institutions we track reported holding this stock, quarter by quarter.

max 11
2019 Q1 · 52019 Q2 · 42019 Q3 · 62019 Q4 · 52020 Q1 · 42020 Q2 · 62020 Q3 · 42020 Q4 · 52021 Q1 · 62021 Q2 · 62021 Q3 · 82021 Q4 · 82022 Q1 · 72022 Q2 · 92022 Q3 · 82022 Q4 · 92023 Q1 · 72023 Q2 · 92023 Q3 · 92023 Q4 · 102024 Q1 · 82024 Q2 · 92024 Q3 · 112024 Q4 · 102025 Q1 · 92025 Q2 · 62025 Q3 · 62025 Q4 · 62026 Q1 · 62026 Q2 · 6
19 Q122 Q326 Q2

2019 Q1: 5 → 2026 Q2: 6 institutions

Counts the 52 institutions we track that reported holding this stock — their full reported holdings, not just the largest positions. Not the total number of institutional holders in the US. Figures are as of quarter-end and disclosed up to 45 days later. Descriptive only — not investment advice.

Which institutions hold PDD Holdings Inc. American Depositary Shares

Institutions we track that reported holding this stock in their most recent 13F.

  • Baillie Gifford & Co1.84% of portfolio · held as of 2019 Q1 or earlier
  • Temasek Holdings (Singapore)0.74% of portfolio · since 2024 Q3
  • Tudor Investment Corp0.02% of portfolio · since 2025 Q3
  • Dodge & Cox0.18% of portfolio · since 2025 Q4
  • Sequoia Capital (SC US)2.11% of portfolio · held as of 2026 Q2 or earlier
  • National Pension Service (Korea)0.01% of portfolio · held as of 2026 Q2 or earlier

Based on 13F filings — quarter-end holdings, disclosed up to 45 days later. Holding a stock is a fact we report, not a recommendation to buy or sell.

Company overview

A Chinese e-commerce company running Temu and Pinduoduo. With an ultra-low-price strategy and a social-commerce model, it is rapidly chasing Alibaba and JD.

What is the Retail sector?

Physical retail and supermarkets. Linked to consumer spending.

PDD Holdings Inc. American Depositary Shares is classified under the Retail sector. See peers below.

PDD Holdings Inc. American Depositary Shares key financials

Based on SEC filings · as of Dec 31, 2025

Tap a metric name to see its meaning in the glossary.

PDD Holdings Inc. American Depositary Shares vs Retail sector benchmark

Median of 19 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
14.5%vs benchmark 9.2%↑ above
Operating margin
21.6%vs benchmark 7.8%↑ above
Net margin
22.7%vs benchmark 7.3%↑ above

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

PDD on Stocklore

  • Revenue by segmentsegment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdingsholdings and weight changes of major institutions (45-day delay)
  • Sector-relative metricsValuation and growth compared with the Retail average
See full PDD analysis →

Peers · Retail

PDD FAQ

What is PDD Holdings Inc. American Depositary Shares (PDD)?

A Chinese e-commerce company running Temu and Pinduoduo. With an ultra-low-price strategy and a social-commerce model, it is rapidly chasing Alibaba and JD.

What sector is PDD Holdings Inc. American Depositary Shares in?

PDD Holdings Inc. American Depositary Shares is classified under Retail. Physical retail and supermarkets. Linked to consumer spending.

What are PDD Holdings Inc. American Depositary Shares's key financials?

As of Dec 31, 2025 in SEC filings: Revenue growth (YoY) 14.5%, Operating margin 21.6%, Net margin 22.7%. Definitions and interpretation are available on Stocklore.

Where can I analyze PDD Holdings Inc. American Depositary Shares (PDD) stock?

On Stocklore you can see PDD's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

Stocklore · CEO Lee Seung-jae · Business reg. no. 764-36-01607 · E-commerce permit 2026-Jeonju Wansan-0476 · Tel +82-70-7954-4939 · S120, Rm 302, 3F, 21 Jungsanjungang-ro, Wansan-gu, Jeonju, Jeonbuk, Korea