RDDT
Who owns Reddit?
1 of the world’s richest people holds Reddit in our tracked profiles.
RDDT ▲ 6.76%as of Nov 11, 2026 12:23 PM ET · via Finnhub
About
Reddit runs an online platform of more than 100,000 active communities, called subreddits, where people post links, images and videos, ask questions and discuss topics in comment threads.
Services-Computer Processing & Data Preparation · San Francisco, California
Source: Reddit, Inc. annual report (10-K) (filed 2026-02-06) ↗. Summary in our own words.
Billionaire holders
Ma HuatengAI & techStakeReddit, Inc. (via Tencent subsidiaries; Reddit CEO Steve Huffman holds voting proxy over these shares) · 9.98% of Class A (12,411,829 shares, Tencent Holdings aggregate) · as of Dec 2024
source ↗
Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.
Recent SEC filings
No Form 4 insider trades in Reddit from the holders above in the last 90 days.
Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.
Recent moves
Ma HuatengEarningsAI & techRDDTAI read · ▲ Strong quarter for a Tencent-linked holding Reddit's revenue jumps 53% as Tencent holds a stake
The move
Reddit reported third-quarter revenue of $895 million, up 53% year over year, with net income of $283 million and adjusted EBITDA of $402 million, a 45% margin, the company said in its Oct. 29 earnings release. Daily active uniques rose 12% to 130.3 million. Tencent subsidiaries have disclosed owning about 9.98% of Reddit's Class A shares, a stake for which Reddit CEO Steve Huffman holds the voting proxy, per a February 2025 SEC filing.
Why it matters
The results show continued ad-revenue growth even as Reddit faces outside questions about AI-driven traffic to its site.
The bear case
U.S. daily active uniques fell 2% year over year even as international usage grew, pointing to uneven growth beneath the headline number.
What to watch
Whether U.S. usage stabilizes in the fourth quarter.
Ma HuatengIPO / MarketsMediaRDDTAI read · ▼ Growth scare Reddit sinks 29% on its worst day as a public company
The move
Reddit's stock fell 29.2% on Oct. 30, its worst day since its 2024 IPO, after third-quarter revenue of $895 million beat estimates but fourth-quarter guidance of $1.00 billion to $1.03 billion fell short of analysts' roughly $1.05 billion estimate. CEO Steve Huffman said Google search-referral traffic fell "meaningfully" this quarter as AI answers keep readers off the site, and Reddit said it will test requiring logins to view some content. Tencent, where Ma Huateng is chairman, holds a stake in Reddit through its subsidiaries.
Why it matters
The drop shows investors are now pricing in the same AI-search threat to Reddit that has weighed on Google: fewer clicks from search engines can mean fewer ad dollars even when the underlying business is still growing fast.
The bear case
Revenue still grew 53% year over year and beat estimates, and a login requirement could grow the logged-in user base that advertisers actually pay for.
What to watch
Whether the login test slows user growth when Reddit next reports in early 2027.
Ma HuatengIPO / MarketsAI & techRDDTAI read · ▼ Traffic hit Reddit crashes 29% as Google's AI eats its search traffic
The move
Reddit shares fell 29.2% on Oct. 30, the stock's worst day since it went public in 2024, after the company said Google's AI search features cut into the search-referral traffic it depends on. CEO Steve Huffman said that traffic fell sharply in the third quarter. Third-quarter revenue still rose 53% and beat Wall Street's estimate, but Reddit's fourth-quarter revenue guidance of $1.00 billion to $1.03 billion came in below the $1.05 billion analysts expected. Tencent, where Ma Huateng is chairman and chief executive, holds a 9.98% stake in Reddit's Class A shares.
Why it matters
It's a concrete sign that AI search answers are starting to divert real traffic -- and the ad dollars that come with it -- away from sites that rely on Google referrals.
The bear case
Reddit is testing a login requirement to fight the traffic loss, a move that could trade fewer casual readers for steadier, loyal ones.
What to watch
Whether Reddit's login test slows the traffic decline without hurting ad revenue.
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