13F Portfolios

Himalaya Capital Management LLC — PDD HOLDINGS INC PDD: Quarterly 13F Position History

Himalaya Capital Management LLC has reported PDD HOLDINGS INC (PDD) on 22 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2020. As of Q1 2026, the position is sized at 4,608,000 shares ($470.8M market value, 14.71% of the equity book).

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 22 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 4,608,000 0 $470.8M 14.71% $102.18
Q4 2025 4,608,000 0 $522.5M 14.64% $113.39
Q3 2025 4,608,000 0 $609.0M 18.85% $132.17
Q2 2025 4,608,000 +4,608,000 $482.3M 17.93% $104.66
Q1 2025 0 0 $0 0.00%
Q4 2024 0 0 $0 0.00%
Q3 2024 0 0 $0 0.00%
Q2 2024 0 0 $0 0.00%
Q1 2024 0 0 $0 0.00%
Q4 2023 0 0 $0 0.00%
Q3 2023 0 0 $0 0.00%
Q2 2023 0 0 $0 0.00%
Q1 2023 0 0 $0 0.00%
Q4 2022 0 0 $0 0.00%
Q3 2022 0 0 $0 0.00%
Q2 2022 0 0 $0 0.00%
Q1 2022 0 0 $0 0.00%
Q4 2021 0 363,165 -100.0% $0 0.00%
Q3 2021 363,165 0 $32.9M 1.53% $90.67
Q2 2021 363,165 0 $46.1M 2.25% $127.02
Q1 2021 363,165 0 $48.6M 2.46% $133.88
Q4 2020 363,165 $64.5M 3.55% $177.67

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Himalaya Capital Management LLC first disclose a PDD position in 13F-HR filings?

Himalaya Capital Management LLC first reported PDD HOLDINGS INC (PDD) on its 13F-HR filing for the period ending 2020-12-31 (Q4 2020). The position has appeared on 22 reported quarters within Pactolio's tracked window.

What was Himalaya Capital Management LLC's most recent quarter-over-quarter share-count change in PDD?

Himalaya Capital Management LLC held the same 4,608,000 shares of PDD between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent Himalaya Capital Management LLC's cost basis in PDD?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.