Holders over time
- PDD
- GOOG
| Quarter | PDD | GOOG |
|---|---|---|
| Q3 2020 | 13 holders, $5.6bn | 47 holders, $73.8bn |
| Q4 2020 | 23 holders, $15.9bn | 48 holders, $88.6bn |
| Q1 2021 | 22 holders, $10.6bn | 42 holders, $102bn |
| Q2 2021 | 18 holders, $10.1bn | 42 holders, $122bn |
| Q3 2021 | 17 holders, $8.3bn | 44 holders, $128bn |
| Q4 2021 | 17 holders, $5.6bn | 48 holders, $138bn |
| Q1 2022 | 16 holders, $3.4bn | 48 holders, $125bn |
| Q2 2022 | 21 holders, $4.4bn | 46 holders, $93.3bn |
| Q3 2022 | 23 holders, $5.1bn | 46 holders, $79.3bn |
| Q4 2022 | 26 holders, $6.0bn | 46 holders, $62.7bn |
| Q1 2023 | 23 holders, $4.5bn | 48 holders, $65.5bn |
| Q2 2023 | 22 holders, $4.9bn | 43 holders, $75.1bn |
| Q3 2023 | 22 holders, $8.2bn | 45 holders, $81.6bn |
| Q4 2023 | 32 holders, $13.7bn | 45 holders, $82.8bn |
| Q1 2024 | 25 holders, $10.2bn | 46 holders, $83.4bn |
| Q2 2024 | 32 holders, $13.6bn | 45 holders, $98.4bn |
| Q3 2024 | 30 holders, $12.8bn | 48 holders, $86.1bn |
| Q4 2024 | 24 holders, $9.5bn | 49 holders, $94.5bn |
| Q1 2025 | 22 holders, $12.3bn | 53 holders, $72.6bn |
| Q2 2025 | 16 holders, $7.4bn | 50 holders, $77.5bn |
| Q3 2025 | 23 holders, $10.8bn | 49 holders, $107bn |
| Q4 2025 | 16 holders, $9.9bn | 54 holders, $152bn |
| Q1 2026 | 14 holders, $7.2bn | 56 holders, $148bn |
| Q2 2026 | 8 holders, $4.8bn | 53 holders, $194bn |
PDD Holdings Inc
- Holders
- 23
- Reported value
- $10.8bn
- Buyers
- 17
- Sellers
- 6
Breadth +11 among 95 comparable managers.
Alphabet Inc
- Holders
- 49
- Reported value
- $107bn
- Buyers
- 23
- Sellers
- 25
Breadth -2 among 95 comparable managers.
Who holds both, Q3 2025
Both (18)
Acadian Asset Management LLC, AllianceBernstein LP, Appaloosa LP, Arrowstreet Capital LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Fidelity (FMR LLC), Invesco Ltd, Jane Street Group LLC, Marshall Wace LLP, MFS Investment Management, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, Susquehanna International Group LLP, T. Rowe Price Associates Inc, Tudor Investment Corp, Walleye Capital LLC
Only PDD (5)
Altimeter Capital Management LP, Dragoneer Investment Group LLC, Holocene Advisors LP, Point72 Asset Management LP, Verition Fund Management LLC
Only GOOG (31)
AQR Capital Management LLC, ARK Investment Management LLC, Artisan Partners LP, Baupost Group LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, Coatue Management LLC, D. E. Shaw & Co., Dodge & Cox, ExodusPoint Capital Management LP, Farallon Capital Management LLC, First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Pershing Square Capital Management LP, Renaissance Technologies 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.