Holders over time
- PDD
- GOOGL
| Quarter | PDD | GOOGL |
|---|---|---|
| Q3 2020 | 13 holders, $5.6bn | 52 holders, $65.2bn |
| Q4 2020 | 23 holders, $15.9bn | 57 holders, $83.4bn |
| Q1 2021 | 22 holders, $10.6bn | 56 holders, $96.9bn |
| Q2 2021 | 18 holders, $10.1bn | 59 holders, $113bn |
| Q3 2021 | 17 holders, $8.3bn | 59 holders, $123bn |
| Q4 2021 | 17 holders, $5.6bn | 56 holders, $130bn |
| Q1 2022 | 16 holders, $3.4bn | 56 holders, $117bn |
| Q2 2022 | 21 holders, $4.4bn | 49 holders, $88.7bn |
| Q3 2022 | 23 holders, $5.1bn | 53 holders, $76.8bn |
| Q4 2022 | 26 holders, $6.0bn | 55 holders, $122bn |
| Q1 2023 | 23 holders, $4.5bn | 54 holders, $79.8bn |
| Q2 2023 | 22 holders, $4.9bn | 55 holders, $93.0bn |
| Q3 2023 | 22 holders, $8.2bn | 59 holders, $103bn |
| Q4 2023 | 32 holders, $13.7bn | 57 holders, $105bn |
| Q1 2024 | 25 holders, $10.2bn | 58 holders, $112bn |
| Q2 2024 | 32 holders, $13.6bn | 56 holders, $132bn |
| Q3 2024 | 30 holders, $12.8bn | 58 holders, $119bn |
| Q4 2024 | 24 holders, $9.5bn | 58 holders, $141bn |
| Q1 2025 | 22 holders, $12.3bn | 61 holders, $106bn |
| Q2 2025 | 16 holders, $7.4bn | 57 holders, $117bn |
| Q3 2025 | 23 holders, $10.8bn | 61 holders, $174bn |
| Q4 2025 | 16 holders, $9.9bn | 62 holders, $236bn |
| Q1 2026 | 14 holders, $7.2bn | 65 holders, $233bn |
| Q2 2026 | 8 holders, $4.8bn | 64 holders, $309bn |
PDD Holdings Inc
- Holders
- 32
- Reported value
- $13.6bn
- Buyers
- 23
- Sellers
- 10
Breadth +13 among 94 comparable managers.
Alphabet Inc
- Holders
- 56
- Reported value
- $132bn
- Buyers
- 23
- Sellers
- 34
Breadth -11 among 94 comparable managers.
Who holds both, Q2 2024
Both (25)
Acadian Asset Management LLC, AllianceBernstein LP, Altimeter Capital Management LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Bridgewater Associates LP, Caxton Associates LLP, Coatue Management LLC, Fidelity (FMR LLC), Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Polen Capital Management LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Verition Fund Management LLC, Whale Rock Capital Management LLC
Only PDD (7)
Appaloosa LP, D1 Capital Partners LP, Dragoneer Investment Group LLC, Point72 Asset Management LP, Renaissance Technologies LLC, Steadfast Capital Management LP, Voloridge Investment Management LLC
Only GOOGL (31)
Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Dodge & Cox, Element Capital Management LLC, ExodusPoint Capital Management LP, First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Markel Group Inc, Moore Capital Management LP, Neuberger Berman Group LLC, Pershing Square Capital Management LP, Quantbot Technologies LP, Rokos Capital Management LLP, Ruane Cunniff & Goldfarb LP, Soroban Capital Partners LP, Soros Fund Management LLC, Susquehanna International Group LLP, TCI Fund Management Ltd, Third Point LLC, and 6 more
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.