Through retaining runoff and pollutants such as heavy metals from surrounding landscapes, ponds around a lake play an important role in mitigating the impacts of human activities on lake ecosystems. In order to determine the potential for heavy metal accumulation of submerged macrophytes, we investigated the concentrations of 10 heavy metals (i.e., As, Cd, Co, Cr, Cu, Fe, Mn, Ni, Pb, and Zn) in water, sediments, and submerged macrophytes collected from 37 ponds around the Dianchi Lake in China. Our results showed that both water and sediments of these ponds were polluted by Pb. Water and sediments heavy metal concentrations in ponds received urban and agricultural runoff were not significantly higher than those in ponds received forest runoff. This result indicates that a large portion of heavy metals in these ponds may originate from atmospheric deposition and weathering of background soils. Positive relationships were found among heavy metal concentrations in submerged macrophytes, probably due to the coaccumulation of heavy metals. For most heavy metals, no significant relationships were found between submerged macrophytes and their water and sediment environments. The maximum concentrations of Cr, Fe and Ni in Ceratophyllum demersum were 4242, 16,429 and 2662mgkg(-1), respectively. The result suggests that C. demersum is a good candidate species for removing heavy metals from polluted aquatic environments.