PDD HOLDINGS INC

Ticker: PDD CUSIP: 722304102 Class: ADR

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.39,152,152$4,439,463
VANGUARD GROUP INC32,810,630$3,720,397
BAILLIE GIFFORD & CO31,032,323$3,518,755
FMR LLC14,597,758$1,655,240
STATE STREET CORP12,257,360$1,389,862
H&H International Investment, LLC11,536,694$1,308,146
HSG Holding Ltd11,348,426$1,203,728
HHLR ADVISORS, LTD.10,721,400$1,215,700
NORGES BANK9,396,292$1,065,446
SC US (TTGP), LTD.8,841,576$1,002,546
GOLDMAN SACHS GROUP INC8,826,751$1,000,865
Sanders Capital, LLC8,112,327$919,857
First Beijing Investment Ltd6,782,955$769,119
GEODE CAPITAL MANAGEMENT, LLC6,759,780$761,720
Assenagon Asset Management S.A.6,728,909$762,991
FIL Ltd6,516,042$738,854
Krane Funds Advisors LLC6,397,960$725,465
Invesco Ltd.6,159,608$698,438
MORGAN STANLEY5,948,846$674,540
BNP PARIBAS ARBITRAGE, SA5,146,573$583,570
JPMORGAN CHASE & CO5,068,738$574,744
Capital International Investors4,698,655$532,780
HSBC HOLDINGS PLC4,683,135$531,078
Temasek Holdings (Private) Ltd4,682,894$530,993
Himalaya Capital Management LLC4,608,000$522,501
MARSHALL WACE, LLP4,512,664$511,691
Dodge & Cox4,439,800$503,429
UBS Group AG4,148,190$470,363
Legal & General Group Plc4,147,464$470,280
SCHRODER INVESTMENT MANAGEMENT GROUP4,137,857$469,192
Greenwoods Asset Management Hong Kong Ltd.3,968,270$449,962
NetEase, Inc.3,555,488$403,157
DIMENSIONAL FUND ADVISORS LP3,484,692$395,136
PRICE T ROWE ASSOCIATES INC /MD/3,262,954$370
SG Americas Securities, LLC3,238,126$367
NORTHERN TRUST CORP3,189,599$361,669
Mitsubishi UFJ Trust & Banking Corp3,167,810$359,198
Aspex Management (HK) Ltd3,109,525$353
BANK OF AMERICA CORP /DE/3,057,744$346,718
DEUTSCHE BANK AG\2,776,077$314,779
BARCLAYS PLC2,660,115$301,630
Triata Capital Ltd2,557,700$290,018
Perseverance Asset Management International1,962,092$222,482
Dragoneer Investment Group, LLC1,835,428$208,119
Robeco Institutional Asset Management B.V.1,785,936$202,507
Appaloosa LP1,775,000$201,267
PRUDENTIAL PLC1,751,095$198,557
IDG China Venture Capital Fund IV Associates L.P.1,749,029$198,322
Nuveen, LLC1,687,403$191,335
Sumitomo Mitsui Trust Holdings, Inc.1,682,194$190,744
Capital Today Evergreen Fund, L.P.1,634,077$185,288
Swiss National Bank1,552,644$176,054
CITIGROUP INC1,543,816$175,053
Bank of New York Mellon Corp1,488,074$168,733
NATIONAL BANK OF CANADA /FI/1,428,593$161,988
ACADIAN ASSET MANAGEMENT LLC1,411,514$160
Boundless Plain Holdings Ltd1,294,753$146,812
MASSACHUSETTS FINANCIAL SERVICES CO /MA/1,259,912$142,861
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,249,313$141,660
Pictet Asset Management Holding SA1,231,832$139,677
AMERICAN CENTURY COMPANIES INC1,222,648$138,636
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM1,195,822$135,594
Orbis Allan Gray Ltd1,168,327$132,477
FIRST TRUST ADVISORS LP1,158,932$131,411
Russell Investments Group, Ltd.1,074,635$122,050
ProShare Advisors LLC1,056,004$119,740
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.1,049,894$119,048
GF FUND MANAGEMENT CO. LTD.1,019,069$115,552
SRS Investment Management, LLC1,016,859$115,302
abrdn plc1,013,878$114,964
IvyRock Asset Management (HK) Ltd991,509$112,427
ALLIANCEBERNSTEIN L.P.927,794$105,203
Walleye Trading LLC885,812$100,442
Evergreen Quality Fund GP, Ltd.863,016$97,857
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.860,912$99,651
Green Court Capital Management Ltd856,958$99,476
Anatole Investment Management Ltd837,433$94,957
WELLINGTON MANAGEMENT GROUP LLP810,863$91,944
FRANKLIN RESOURCES INC802,538$91,000
LAZARD ASSET MANAGEMENT LLC784,898$89,000
Cederberg Capital Ltd755,900$86
LMR Partners LLP733,647$83,188
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND710,731$80,590
ROYAL LONDON ASSET MANAGEMENT LTD696,172$78,939
Allianz Asset Management GmbH691,141$78,368
ROYAL BANK OF CANADA672,008$76,198
SUSQUEHANNA INTERNATIONAL GROUP, LLP666,594$75,585
BARINGS LLC654,567$74,221
AVIVA PLC641,018$72,685
Pinpoint Asset Management (Singapore) Pte. Ltd.625,807$70,960
True Light Capital Pte. Ltd.602,262$68,290
BRILLIANCE ASSET MANAGEMENT LTD595,174$67,487
Polar Capital Holdings Plc577,391$65,470
Fisher Asset Management, LLC573,184$64,993
Allspring Global Investments Holdings, LLC556,693$64,437
Korea Investment CORP554,687$62,896
GREAT WEST LIFE ASSURANCE CO /CAN/548,649$62
Man Group plc533,660$60,512
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.526,998$59,756
AnglePoint Asset Management Ltd513,112$58,182
470 other institutions30,477,955$3,112,349
Total (570 institutions)423,057,715$46,148,714