Which hedge funds own PDD? PDD HOLDINGS INC, Q2 2026 13F holders

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69 tracked hedge funds disclosed a position in PDD (PDD HOLDINGS INC) in their Q2 2026 13F filings, worth $5.3bn in total. The largest holder by portfolio weight is IvyRock Asset Management (HK) Ltd at 50.6% of its book. 14 opened a new position this quarter: AI-Squared Management Ltd, Voloridge Investment Management, LLC, Quantitative Investment Management, LLC, Holocene Advisors, LP. 28 exited: Maytree Asset Management Ltd, Tiger Pacific Capital LP, Anatole Investment Management Ltd.

69
Holders: 14
New this quarter: 28
Exited this quarter: $213m
Inflow, new holders: $776m
Outflow, exits: $5.3bn
Combined value: 5.6%
Share of managers holding

Holders, Q2 2026

69 rows


IvyRock Asset Management (HK) Ltd Hedge fund	50.6%	$89.6m	1.17m	+2.5%	added
Triata Capital Ltd Hedge fund	41.6%	$245m	3.21m	+54%	added
Brilliance Asset Management Ltd Hedge fund	35.1%	$119m	1.56m	+122%	added
Alpine Investment Management Ltd Hedge fund	30.8%	$127m	1.66m	+1661%	added
First Beijing Investment Ltd Hedge fund	29.3%	$715m	9.38m	+15%	added
Himalaya Capital Management LLC Hedge fund	22.2%	$821m	10.76m	+134%	added
Greenwoods Asset Management Hong Kong Ltd. Hedge fund	16.7%	$365m	4.79m	−6.2%	reduced
AI-Squared Management Ltd Hedge fund	13.3%	$25.0m	327,700	–	new
Punch Card Management L.P. Hedge fund	12.4%	$31.7m	415,004	0.0%	held
ABS Investment Management LLC Hedge fund	9.0%	$14.3m	85,772	–
Serenity Capital Management Pte. Ltd. Hedge fund	8.3%	$27.5m	360,000	0.0%	held
Hhlr Advisors, Ltd. Hedge fund	4.6%	$38.1m	500,000	−88%	reduced
Kora Management LP Hedge fund	4.4%	$37.4m	490,650	0.0%	held
FACT Capital, LP Hedge fund	3.5%	$6.2m	81,435	0.0%	held
Polymer Capital Management (HK) LTD Hedge fund	3.3%	$33.0m	432,300	+4.6%	added
Cederberg Capital Ltd Hedge fund	2.9%	$2.9m	37,600	−90%	reduced
TB Alternative Assets Ltd. Hedge fund	2.8%	$17.6m	230,128	−32%	reduced
PARUS FINANCE (UK) Ltd Hedge fund	1.8%	$7.1m	92,479	−2.2%	reduced
Baillie Gifford Long-only investor	1.8%	$2.0bn	26.59m	−6.2%	reduced
Dymon Asia Capital (Singapore) Pte. Ltd. Hedge fund	1.4%	$8.4m	110,000	+118%	added
Seldon Capital LP Hedge fund	1.2%	$3.7m	48,226	−4.6%	reduced
LB Partners LLC Hedge fund	1.1%	$1.7m	22,000	0.0%	held
Nipun Capital, L.P. Hedge fund	1.0%	$2.1m	28,000	0.0%	held
ClearAlpha Technologies LP Hedge fund	1.0%	$563k	7,379	+208%	added
Moon Capital Management LP Hedge fund	1.0%	$1.4m	18,460	+87%	added
Pinpoint Asset Management (Singapore) Pte. Ltd. Hedge fund	0.9%	$4.3m	55,851	−15%	reduced
Persistent Asset Partners Ltd Hedge fund	0.7%	$2.1m	28,145	+91%	added
Ping Capital Management, Inc. Hedge fund	0.6%	$1.9m	25,000	+22%	added
Intercapital, LLC Hedge fund	0.3%	$763k	10,000	+14%	added
Q Fund Management (Hong Kong) Ltd Hedge fund	0.3%	$343k	4,500	+13%	added
Voloridge Investment Management, LLC Hedge fund	0.3%	$70.0m	918,040	–	new
Quantitative Investment Management, LLC Hedge fund	0.3%	$2.6m	34,077	–	new
Saba Capital Management, L.P. Hedge fund	0.3%	$8.9m	116,400	+124%	added
Bracebridge Capital, LLC Hedge fund	0.2%	$1.0m	13,600	+17%	added
Holocene Advisors, LP Hedge fund	0.2%	$96.1m	1.26m	–	new
NINE MASTS CAPITAL Ltd Hedge fund	0.2%	$1.8m	23,724	+260%	added
Catalyst Funds Management Pty Ltd Hedge fund	0.2%	$3.3m	43,300	–	new
CastleKnight Management LP Hedge fund	0.2%	$4.3m	56,700	0.0%	held
Parallax Volatility Advisers, L.P. Hedge fund	0.1%	$3.9m	50,601	–	new
Polar Capital Holdings Plc Hedge fund	0.1%	$45.2m	592,084	−1.8%	reduced
Crake Asset Management LLP Hedge fund	0.1%	$4.2m	55,000	0.0%	held
HighVista Strategies LLC Hedge fund	0.10%	$420k	5,500	−20%	reduced
One River Asset Management, LLC Hedge fund	0.08%	$17.5k	230	–	new
Y-Intercept (Hong Kong) Ltd Hedge fund	0.08%	$4.3m	55,798	+15%	added
Numerai GP LLC Hedge fund	0.08%	$989k	12,962	−40%	reduced
111 Capital Hedge fund	0.07%	$416k	5,457	−6.5%	reduced
WCM Investment Management Long-only investor	0.05%	$30.3m	395,381	+16%	added
Marshall Wace, LLP Hedge fund	0.05%	$57.9m	759,453	+135%	added
Ramsey Quantitative Systems Hedge fund	0.05%	$53.4k	700	–	new
Tudor Investment Corp ET AL Hedge fund	0.05%	$11.1m	146,171	−62%	reduced
FNY Investment Advisers, LLC Hedge fund	0.04%	$122k	1,600	+167%	added
Verition Fund Management LLC Hedge fund	0.04%	$5.0m	65,824	+112%	added
IFM Investors Pty Ltd Hedge fund	0.03%	$5.0m	65,815	−13%	reduced
Two Sigma Investments, LP Hedge fund	0.03%	$36.4m	476,800	+22%	added
Citadel Advisors LLC Hedge fund	0.02%	$40.9m	536,454	−40%	reduced
Candriam S.C.A. Hedge fund	0.02%	$5.0m	65,300	−42%	reduced
Arrowstreet Capital, Limited Partnership Hedge fund	0.02%	$49.9m	654,008	+45%	added
Squarepoint Ops LLC Hedge fund	0.02%	$11.2m	147,452	+180%	added
Capital Fund Management S.A. Hedge fund	0.01%	$1.9m	24,476	–	new
Capstone Investment Advisors, LLC Hedge fund	0.01%	$1.7m	22,073	+121%	added
Millennium Management LLC Hedge fund	0.01%	$16.1m	210,829	+42%	added
Walleye Capital LLC Hedge fund	0.01%	$2.2m	28,726	−45%	reduced
Schonfeld Strategic Advisors LLC Hedge fund	0.01%	$1.7m	22,799	–	new
Qube Research & Technologies Ltd Hedge fund	0.01%	$8.0m	104,521	–	new
Balyasny Asset Management L.P. Hedge fund	0.01%	$3.9m	50,925	+606%	added
D. E. Shaw & Co., Inc. Hedge fund	0.0%	$1.3m	17,473	+60%	added
Elequin Capital, LP Hedge fund	0.0%	$4.7k	62	–	new
Quarry LP Hedge fund	0.0%	$915	12	–	new
AQR Capital Management LLC Hedge fund	0.0%	$281k	3,688	–	new

Exited since the previous filing

28 rows


Maytree Asset Management Ltd	14.0%	$19.8m
Tiger Pacific Capital LP	12.9%	$27.7m
Anatole Investment Management Ltd	7.2%	$51.4m
Cat Rock Capital Management LP	7.0%	$45.0m
Charles-Lim Capital Ltd	5.9%	$17.9m
Carrhae Capital LLP	3.7%	$52.7m
Brevan Howard Capital Management LP	2.9%	$295m
Appaloosa	1.5%	$92.0m
Centiva Capital, LP	1.3%	$27.3m
Ardmore Road Asset Management LP	1.0%	$15.6m
Scientech Research LLC	0.3%	$320k
Atom Investors LP	0.2%	$3.4m
Maytus Capital Management, LLC	0.2%	$1.3m
Wexford Capital LP	0.2%	$1.4m
Renaissance Technologies LLC	0.2%	$114m
Oxford Asset Management LLP	0.1%	$320k
West Family Investments, Inc.	0.1%	$310k
Prelude Capital Management, LLC	0.10%	$1.3m
Alphadyne Asset Management LP	0.09%	$710k
Global Endowment Management, LP	0.07%	$650k
Caption Management, LLC	0.04%	$766k
SummitTX Capital, L.P.	0.03%	$1.0m
Quantbot Technologies LP	0.02%	$556k
HBK Investments L P	0.02%	$1.4m
Boothbay Fund Management, LLC	0.02%	$746k
Jupiter Asset Management Ltd	0.01%	$2.8m
Caxton Associates LLP	0.01%	$511k
Oaktree Capital Management LP	0.01%	$493k

Who discovered PDD first? Beta

The run: Q2 2019 → Q4 2020, +761%

Weight in book of

7 rows


Altimeter Capital Management, LP high conviction	Bought before the run	Q3 2018	2.5%	3.4%	15.8%	+23%	+403%	+24.5 pts	Exited by Q4 2025
TB Alternative Assets Ltd. high conviction	Bought before the run	Q3 2018	3.4%	3.9%	16.9%	+23%	+190%	+12.1 pts	Exited by Q3 2026
Sylebra Capital LLC high conviction	Bought before the run	Q1 2019	1.7%	3.3%	5.5%	+45%	+322%	+6.0 pts	Exited by Q3 2025
Scge Management, L.P.	Bought before the run	Q1 2019	3.0%	2.2%	4.5%	+45%	+444%	+5.4 pts	Exited by Q4 2024
SRS Investment Management, LLC high conviction	Bought before the run	Q3 2019	5.0%	0.08%	8.7%	+130%	+252%	+2.6 pts	Exited by Q1 2026
Element Capital Management LLC	Bought before the run	Q3 2019	1.8%	0.4%	1.8%	+130%	–	+0.2 pts	Exited by Q4 2019
North Peak Capital Management, LLC high conviction	Bought before the run	Q3 2019	6.5%	–	6.5%	+130%	–	–	Exited by Q4 2019

Split-adjusted quarter-end prices, excluding dividends. They describe the stock while each manager held it, not the return it earned.

Which hedge funds own PDD? PDD HOLDINGS INC, Q2 2026 13F holders

Holders, Q2 2026

Exited since the previous filing

Ownership over time

Who discovered PDD first? Beta