Pdd Holdings Inc (PDD) Institutional Investor Snapshot (517 Funds, Q2 2026)

PDD ranks #1134 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

PDD is a disclosed holding of Jane Street (Jane Street Group), one of the tracked superinvestors on AlphaSMO — it makes up 0.3% of that fund's own 13F portfolio.

PDD is a top-conviction position for NetEase, Inc. — at 95.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in PDD belongs to Jane Street Group, LLC, but the position matters far more to NetEase, Inc., who has 95.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Orbis Allan Gray Ltd has added to its PDD position for two straight quarters, increasing it by $275.9M to reach $408.4M today.

BlackRock has trimmed its PDD position for two straight quarters, cutting it by $2.0B while still holding $2.4B.

PDD is down 1.1% today, but institutions show net buying of $5.8B this quarter — a divergence between today's price move and the underlying institutional flow.

PDD closed its latest fiscal year with net income of $97.8B, and currently trades at a P/E of 5.0.

• Profitable — net income of $97.8B in the latest fiscal year
• Revenue grew 9.7% year over year
• Net income declined year over year, from $112.4B to $97.8B
• Generated $106.9B in positive operating cash flow
• Current ratio of 2.43x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.52x equity — within a conventional range