Himalaya Capital Management LLC: PDD HOLDINGS INC (PDD): Quarterly 13F Position History
As of Q2 2026, Himalaya Capital Management LLC reported 10,761,119 shares of PDD HOLDINGS INC (PDD), worth $820.9M and representing 22.2% of its 13F equity book. Quarter-over-quarter share count change: + 6,153,119 (+133.5%) . The position first appeared in Q4 2020 and has been disclosed across 23 13F-HR filings in Pactolio's tracked window.
- 10,761,119Shares Held (Latest Filing)
- $820.9MReported Market Value (Latest Filing)
- 22.2%Portfolio Weight (% of 13F Equity Book)
- +6,153,119Quarter-over-Quarter Share Change
- +$350.0MQuarter-over-Quarter Value Change
- 10,761,119Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 23 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 10,761,119 | +6,153,119 | +133.5% | $820.9M | 22.2% | $76.3 |
| Q1 2026 | 4,608,000 | 0 | – | $470.8M | 14.7% | $102.2 |
| Q4 2025 | 4,608,000 | 0 | – | $522.5M | 14.6% | $113.4 |
| Q3 2025 | 4,608,000 | 0 | – | $609.0M | 18.9% | $132.2 |
| Q2 2025 | 4,608,000 | +4,608,000 | – | $482.3M | 17.9% | $104.7 |
| Q1 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2021 | 0 | 363,165 | -100.0% | $0 | 0.0% | – |
| Q3 2021 | 363,165 | 0 | – | $32.9M | 1.5% | $90.7 |
| Q2 2021 | 363,165 | 0 | – | $46.1M | 2.3% | $127.0 |
| Q1 2021 | 363,165 | 0 | – | $48.6M | 2.5% | $133.9 |
| Q4 2020 | 363,165 | – | – | $64.5M | 3.6% | $177.7 |
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 rather than 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 23 reported quarters within Pactolio's tracked window.
What was Himalaya Capital Management LLC's most recent quarter-over-quarter share-count change in PDD?
Between Q1 2026 and Q2 2026, Himalaya Capital Management LLC added 6,153,119 shares of PDD (+133.5%), bringing the total reported position to 10,761,119 shares at a market value of $820.9M.
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.