Form 13F security
PDD · PDD Holdings Inc
Class SPONSORED ADS
As filed on Form 13F — long US-listed positions only. No shorts, cash, bonds, or non-13F assets appear here.
Filed up to 45 days after quarter end; holdings may have changed since.
Tracked managers holding it
Share and principal positions
| Manager | Quarter | Value | % of portfolio | SH/PRN qty | Put/call |
|---|---|---|---|---|---|
| BAILLIE GIFFORD & CO | 2026-06-30 | $2,029M | 1.8% | SH 26,594,535 | — |
| Himalaya Capital Management LLC | 2026-06-30 | $821M | 22.2% | SH 10,761,119 | — |
| Dodge & Cox | 2026-06-30 | $347M | 0.2% | SH 4,550,000 | — |
| Fisher Asset Management, LLC — Ken Fisher | 2026-06-30 | $43M | <0.1% | SH 560,008 | — |
| Punch Card Management L.P. | 2026-06-30 | $32M | 12.4% | SH 415,004 | — |
Total $3,271M across 5 of 69 managers.
Put positions
| Manager | Quarter | Value | % of portfolio | SH/PRN qty | Put/call |
|---|---|---|---|---|---|
| Point72 Asset Management, L.P. | 2026-06-30 | $43M | <0.1% | SH 562,900 | [PUT] |
Total $43M across 1 of 69 managers.
Call positions
| Manager | Quarter | Value | % of portfolio | SH/PRN qty | Put/call |
|---|---|---|---|---|---|
| Point72 Asset Management, L.P. | 2026-06-30 | $41M | <0.1% | SH 536,000 | [CALL] |
Total $41M across 1 of 69 managers.
Sums are across tracked reports, not unique economic ownership.
BAILLIE GIFFORD & CO — Combined report.
Filed rows (11) — as filed
The filer reports some securities in multiple rows; rows are shown as filed.
| Manager | Class | Put/call | Value | % of portfolio | SH/PRN qty | Source |
|---|---|---|---|---|---|---|
| BAILLIE GIFFORD & CO | SPONSORED ADS | — | $1,175M | 1.1% | SH 15,408,119 | 0001088875-26-000057 |
| Himalaya Capital Management LLC | SPON ADS | — | $821M | 22.2% | SH 10,761,119 | 0002043585-26-000022 |
| BAILLIE GIFFORD & CO | SPONSORED ADS | — | $596M | 0.5% | SH 7,814,032 | 0001088875-26-000057 |
| Dodge & Cox | SPONSORED ADS | — | $347M | 0.2% | SH 4,550,000 | 0001193125-26-349535 |
| BAILLIE GIFFORD & CO | SPONSORED ADS | — | $147M | 0.1% | SH 1,921,499 | 0001088875-26-000057 |
| BAILLIE GIFFORD & CO | SPONSORED ADS | — | $111M | 0.1% | SH 1,450,803 | 0001088875-26-000057 |
| Point72 Asset Management, L.P. | SPONSORED ADS | [PUT] | $43M | <0.1% | SH 562,900 | 0000919574-26-005520 |
| Fisher Asset Management, LLC | COM | — | $43M | <0.1% | SH 560,008 | 0000850529-26-000006 |
| Point72 Asset Management, L.P. | SPONSORED ADS | [CALL] | $41M | <0.1% | SH 536,000 | 0000919574-26-005520 |
| Punch Card Management L.P. | SPONSORED ADS | — | $32M | 12.4% | SH 415,004 | 0001398344-26-014658 |
| BAILLIE GIFFORD & CO | SPONSORED ADS | — | <$1M | <0.1% | SH 82 | 0001088875-26-000057 |
Quarter-to-quarter notes
Reported change, not a confirmed trade: this compares quarter-end reports filed up to 45 days later, and the position may since have changed. Amendments, corporate actions, and changes in reporting scope can also move these rows. Value change compares period-end reported values; for continuing rows it includes market price movement.
No longer reported by APPALOOSA LP — David Tepper, OAKTREE CAPITAL MANAGEMENT LP, Oasis Management Co Ltd..
Changes appear only where the prior quarter's validated report exists.