Vault-13

ALIBABA GROUP HLDG LTD BABA

SPONSORED ADS · ADR · CUSIP 01609W102 · ISIN US01609W1027

Chinese multinational technology company

1,276 institutional holders -129 vs Q1 2025
273,376,370273.4m shares reported held*
$31.0bnreported value*
100 new 425 added 490 reduced 228 sold out net sold ≈ $9.2bn (-86.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($71.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $113.29. Options: 76 managers hold calls ($10.0bn notional), 56 hold puts ($7.0bn).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,144Q4 22: 1,175Q1 23: 1,254Q2 23: 1,159Q3 23: 1,161Q4 23: 1,163Q1 24: 1,127Q2 24: 1,110Q3 24: 1,238Q4 24: 1,208Q1 25: 1,405Q2 25: 1,2761,276Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,144
Q4 20221,175
Q1 20231,254
Q2 20231,159
Q3 20231,161
Q4 20231,163
Q1 20241,127
Q2 20241,110
Q3 20241,238
Q4 20241,208
Q1 20251,405
Q2 20251,276

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ3 23: 502 bought or addedQ3 23: 499 cut or sold outQ4 23: 429 bought or addedQ4 23: 646 cut or sold outQ4 23Q1 24: 584 bought or addedQ1 24: 521 cut or sold outQ2 24: 479 bought or addedQ2 24: 521 cut or sold outQ2 24Q3 24: 609 bought or addedQ3 24: 523 cut or sold outQ4 24: 513 bought or addedQ4 24: 642 cut or sold outQ4 24Q1 25: 747 bought or addedQ1 25: 567 cut or sold outQ2 25: 525 bought or addedQ2 25: 718 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023502499
Q4 2023429646
Q1 2024584521
Q2 2024479521
Q3 2024609523
Q4 2024513642
Q1 2025747567
Q2 2025525718

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5bn$10bn$15bn$20bnQ3 24 calls: $13.3bnQ3 24 puts: $7.8bnQ3 24P/C 0.59Q4 24 calls: $10.4bnQ4 24 puts: $6.1bnQ4 24P/C 0.58Q1 25 calls: $15.8bnQ1 25 puts: $9.7bnQ1 25P/C 0.62Q2 25 calls: $10.0bnQ2 25 puts: $7.0bnQ2 25P/C 0.69
Numbers
QuarterCallsPutsP/C
Q3 2024$13.3bn$7.8bn0.59
Q4 2024$10.4bn$6.1bn0.58
Q1 2025$15.8bn$9.7bn0.62
Q2 2025$10.0bn$7.0bn0.69

Biggest buyers

D. E. Shaw & Co., Inc. Added +3,777,539+3.8m
UBS Group AG Added +2,855,773+2.9m
GOLDMAN SACHS GROUP INC Added +2,368,681+2.4m
Assenagon Asset Management S.A. New +2,006,591+2.0m
ROYAL BANK OF CANADA Added +1,747,589+1.7m
ALKEON CAPITAL MANAGEMENT LLC New +1,625,000+1.6m
TWO SIGMA ADVISERS, LP New +1,218,700+1.2m
SIH Partners, LLLP Added +1,075,670+1.1m
CANTOR FITZGERALD, L. P. New +1,020,160+1.0m
UG Investment Advisers Ltd. Added +972,852+972.9k

Biggest sellers

FMR LLC Reduced -7,623,746-7.6m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -7,478,315-7.5m
BNP PARIBAS FINANCIAL MARKETS Reduced -7,199,005-7.2m
Bridgewater Associates, LP Sold out -5,660,258-5.7m
FIL Ltd Reduced -4,632,952-4.6m
Mirae Asset Global Investments Co., Ltd. Reduced -4,029,691-4.0m
MORGAN STANLEY Reduced -3,667,972-3.7m
Temasek Holdings (Private) Ltd Reduced -3,659,594-3.7m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -3,567,876-3.6m
Artisan Partners Limited Partnership Sold out -3,179,159-3.2m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.3bn20.3m shares
CITADEL ADVISORS LLC Reduced $1.4bn12.2m shares
JANE STREET GROUP, LLC Reduced $1.4bn11.9m shares
IMC-Chicago, LLC Reduced $852.9m7.5m shares
SIMPLEX TRADING, LLC Reduced $548.9m4.8m shares
CTC LLC Reduced $483.6m4.3m shares
D. E. Shaw & Co., Inc. Added $472.9m4.2m shares
GROUP ONE TRADING LLC Added $439.6m3.9m shares
GOLDMAN SACHS GROUP INC Reduced $296.2m2.6m shares
BARCLAYS PLC Reduced $287.7m2.5m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2bn10.6m shares
JANE STREET GROUP, LLC Reduced $956.1m8.4m shares
CITADEL ADVISORS LLC Reduced $768.4m6.8m shares
IMC-Chicago, LLC Reduced $550.3m4.9m shares
GOLDMAN SACHS GROUP INC Added $486.1m4.3m shares
CTC LLC Reduced $351.5m3.1m shares
SIMPLEX TRADING, LLC Reduced $265.0m2.3m shares
PEAK6 LLC Added $230.4m2.0m shares
D. E. Shaw & Co., Inc. Added $228.5m2.0m shares
Walleye Trading LLC Added $211.9m1.9m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRIMECAP MANAGEMENT CO/CA/ 1.87% of their portfolio PASADENA, CA 20,764,27620.8m $2.4bn $2.4bn 1.87% Added +140.6k +140,579
2 JPMORGAN CHASE & CO 0.16% of their portfolio NEW YORK, NY 19,906,41919.9m $2.3bn $2.3bn 0.16% Reduced -2.9m -2,876,536
3 GOLDMAN SACHS GROUP INC 0.23% of their portfolio NEW YORK, NY 12,675,24512.7m $1.4bn $1.4bn 0.23% Added +2.4m +2,368,681
4 Dodge & Cox 0.70% of their portfolio San Francisco, CA 10,964,27011.0m $1.2bn $1.2bn 0.70% Reduced -355.3k -355,300
5 FMR LLC 0.06% of their portfolio BOSTON, MA 9,146,5269.1m $1.0bn $1.0bn 0.06% Reduced -7.6m -7,623,746
6 Sanders Capital, LLC 1.30% of their portfolio West Palm Beach, FL 8,533,1598.5m $967.7m $967.7m 1.30% Reduced -223.9k -223,860
7 HSBC HOLDINGS PLC 0.60% of their portfolio LONDON, X0 8,267,8768.3m $936.4m $936.4m 0.60% Reduced -4.3k -4,335
8 APPALOOSA LP 12.43% of their portfolio Short Hills, NJ 7,067,2717.1m $801.5m $801.5m 12.43% Reduced -2.2m -2,162,729
9 UBS Group AG 0.17% of their portfolio ZURICH, V8 7,046,5477.0m $799.1m $799.1m 0.17% Added +2.9m +2,855,773
10 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 6,541,3906.5m $741.9m $741.9m 0.05% Reduced -3.7m -3,667,972
11 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 5,867,0015.9m $665.4m $665.4m 0.05% Reduced -1.4m -1,387,729
12 Fisher Asset Management, LLC 0.24% of their portfolio PLANO, TX 5,267,4415.3m $597.4m $597.4m 0.24% Added +390.9k +390,883
13 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio NEW YORK, NY 4,989,6195.0m $565.9m $565.9m 0.11% Reduced -3.6m -3,567,876
14 NORGES BANK 0.07% of their portfolio OSLO, Q8 4,649,0034.6m $527.2m $527.2m 0.07% Reduced -2.4m -2,366,678
15 D. E. Shaw & Co., Inc. 0.50% of their portfolio New York, NY 4,446,1114.4m $504.2m $504.2m 0.50% Added +3.8m +3,777,539
16 H&H International Investment, LLC 3.68% of their portfolio PALO ALTO, CA 3,746,2303.7m $424.9m $424.9m 3.68% Reduced -235.9k -235,900
17 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 3,664,0583.7m $415.5m $415.5m 0.04% Added +1.7m +1,747,589
18 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 3,268,5763.3m $370.7m $370.7m 0.06% Reduced -244.4k -244,436
19 Discerene Group LP 36.58% of their portfolio STAMFORD, CT 2,985,4873.0m $338.6m $338.6m 36.58% Added +18.4k +18,400
20 BlackRock, Inc. 0.01% of their portfolio New York, NY 2,823,1772.8m $320.2m $320.2m 0.01% Reduced -2.5m -2,517,744
21 AMF Tjanstepension AB 2.03% of their portfolio STOCKHOLM, V7 2,691,6862.7m $305.7m $305.7m 2.03% Added +216.6k +216,571
22 CITIGROUP INC 0.21% of their portfolio NEW YORK, NY 2,638,5142.6m $299.2m $299.2m 0.21% Reduced -10.9k -10,932
23 RWWM, INC. 23.95% of their portfolio ROCKLIN, CA 2,557,8522.6m $290.1m $290.1m 23.95% Reduced -34.0k -34,006
24 AMERICAN CENTURY COMPANIES INC 0.16% of their portfolio KANSAS CITY, MO 2,539,0552.5m $288.0m $288.0m 0.16% Added +246.0k +245,970
25 LOOMIS SAYLES & CO L P 0.36% of their portfolio BOSTON, MA 2,510,1902.5m $284.7m $284.7m 0.36% Reduced -1.4m -1,388,995
26 MACQUARIE GROUP LTD 0.32% of their portfolio Sydney, NSW 2000, C3 2,270,2962.3m $257.5m $257.5m 0.32% Reduced -4.0k -3,983
27 North of South Capital LLP 24.95% of their portfolio LONDON, X0 2,092,8692.1m $237.4m $237.4m 24.95% Added +264.0k +264,005
28 MILLENNIUM MANAGEMENT LLC 0.21% of their portfolio NEW YORK, NY 2,060,5352.1m $233.7m $233.7m 0.21% Added +471.2k +471,155
29 Assenagon Asset Management S.A. 0.36% of their portfolio SENNINGERBERG, N4 2,006,5912.0m $227.6m $227.6m 0.36% New
30 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 1,862,5251.9m $211.2m $211.2m 0.05% Added +71.6k +71,552
31 Temasek Holdings (Private) Ltd 0.81% of their portfolio SINGAPORE, U0 1,850,7541.9m $209.9m $209.9m 0.81% Reduced -3.7m -3,659,594
32 UG Investment Advisers Ltd. 38.19% of their portfolio SINGAPORE, U0 1,764,0911.8m $200.1m $200.1m 38.19% Added +972.9k +972,852
33 ALKEON CAPITAL MANAGEMENT LLC 0.90% of their portfolio New York, NY 1,625,0001.6m $184.3m $184.3m 0.90% New
34 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 1,614,6271.6m $183.1m $183.1m 0.03% Reduced -25.3k -25,291
35 Man Group plc 0.38% of their portfolio LONDON, X0 1,566,7581.6m $177.7m $177.7m 0.38% Reduced -125.8k -125,826
36 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,511,9231.5m $171.5m $171.5m 0.04% Added +47.4k +47,409
37 Polunin Capital Partners Ltd 25.18% of their portfolio LONDON, X0 1,426,6341.4m $154.1m $154.1m 25.18% Added +101.5k +101,514
38 Squarepoint Ops LLC 0.35% of their portfolio NEW YORK, NY 1,390,8591.4m $157.7m $157.7m 0.35% Added +717.2k +717,183
39 NORDEA INVESTMENT MANAGEMENT AB 0.14% of their portfolio STOCKHOLM, V7 1,340,8181.3m $150.9m $150.9m 0.14% Added +51.7k +51,670
40 MARTIN CURRIE LTD 5.72% of their portfolio EDINBURGH, X0 1,314,9411.3m $149.1m $149.1m 5.72% Reduced -111.1k -111,123
41 AXIOM INVESTORS LLC /DE 1.17% of their portfolio GREENWICH, CT 1,262,0231.3m $143.1m $143.1m 1.17% Reduced -2.9m -2,926,277
42 Nuveen, LLC 0.04% of their portfolio CHARLOTTE, NC 1,257,2041.3m $142.6m $142.6m 0.04% Reduced -1.5m -1,455,865
43 CAUSEWAY CAPITAL MANAGEMENT LLC 2.23% of their portfolio LOS ANGELES, CA 1,242,4691.2m $140.9m $140.9m 2.23% Reduced -113.5k -113,541
44 TWO SIGMA ADVISERS, LP 0.28% of their portfolio NEW YORK, NY 1,218,7001.2m $138.2m $138.2m 0.28% New
45 HHLR ADVISORS, LTD. 4.20% of their portfolio GRAND CAYMAN, E9 1,149,7001.1m $130.4m $130.4m 4.20% Reduced -2.8m -2,758,055
46 SIH Partners, LLLP 12.23% of their portfolio Wilmington, DE 1,136,0431.1m $128.8m $128.8m 12.23% Added +1.1m +1,075,670
47 LAZARD ASSET MANAGEMENT LLC 0.18% of their portfolio NEW YORK, NY 1,122,2891.1m $127.3m $127.3m 0.18% Reduced -2.7m -2,720,292
48 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,116,9541.1m $126.7m $126.7m 0.01% Reduced -7.5m -7,478,315
49 AXA S.A. 0.36% of their portfolio PARIS, I0 1,100,9531.1m $124.9m $124.9m 0.36% Added +383.6k +383,573
50 EMINENCE CAPITAL, LP 1.84% of their portfolio NEW YORK, NY 1,099,0911.1m $124.6m $124.6m 1.84% Reduced -162.3k -162,341
51 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 1,086,2211.1m $123.2m $123.2m 0.02% Reduced -29.9k -29,859
52 RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio NEW YORK, NY 1,071,2311.1m $121.5m $121.5m 0.16% Reduced -358.1k -358,105
53 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.23% of their portfolio CAUSEWAY BAY, K3 1,062,3411.1m $120.5m $120.5m 0.23% Added +56.1k +56,059
54 CANTOR FITZGERALD, L. P. 2.84% of their portfolio NEW YORK, NY 1,020,1601.0m $115.7m $115.7m 2.84% New
55 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 1,001,3101.0m $113.6m $113.6m 0.13% Added +508.3k +508,261
56 PEAK6 LLC 1.95% of their portfolio AUSTIN, TX 953,142953.1k $108.1m $108.1m 1.95% New
57 BAMCO INC /NY/ 0.29% of their portfolio NEW YORK, NY 948,015948.0k $107.5m $107.5m 0.29% Reduced -574.8k -574,800
58 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 933,442933.4k $105.9m $105.9m 0.08% Reduced -7.2m -7,199,005
59 COATUE MANAGEMENT LLC 0.27% of their portfolio New York, NY 867,767867.8k $98.4m $98.4m 0.27% Reduced -2.9m -2,933,936
60 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 850,500850.5k $96.4m $96.4m 0.05% Reduced -2.1m -2,082,374
61 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 843,525843.5k $95.7m $95.7m 0.07% Reduced -480.4k -480,422
62 CapitalatWork S.A. 2.84% of their portfolio AUDERGHEM, C9 820,115820.1k $93.0m $93.0m 2.84% Added +10.2k +10,187
63 Handelsbanken Fonder AB 0.31% of their portfolio STOCKHOLM, V7 759,556759.6k $86.1m $86.1m 0.31% Added +10.0k +10,000
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio BALA CYNWYD, PA 758,741758.7k $86.0m $86.0m 0.13% Reduced -646.9k -646,884
65 Polar Capital Holdings Plc 0.42% of their portfolio London, X0 711,725711.7k $80.7m $80.7m 0.42% Reduced -1.4m -1,431,716
66 IMC-Chicago, LLC 1.99% of their portfolio CHICAGO, IL 702,578702.6k $79.7m $79.7m 1.99% Added +443.7k +443,674
67 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 649,220649.2k $73.6m $73.6m 0.03% Reduced -196.2k -196,165
68 JENNISON ASSOCIATES LLC 0.04% of their portfolio NEW YORK, NY 642,239642.2k $72.8m $72.8m 0.04% Reduced -84.5k -84,456
69 BRANDES INVESTMENT PARTNERS, LP 0.65% of their portfolio LA JOLLA, CA 633,732633.7k $71.9m $71.9m 0.65% Added +80.1k +80,079
70 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 623,562623.6k $72.0m $72.0m 0.00% Reduced -15.9k -15,932
71 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 623,548623.5k $70.7m $70.7m 0.03% Added +178.9k +178,943
72 NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio MONTREAL, A8 602,233602.2k $68.3m $68.3m 0.07% Added +475.1k +475,053
73 TT International Asset Management LTD 12.82% of their portfolio LONDON, X0 593,014593.0k $67.3m $67.3m 12.82% Added +83.7k +83,660
74 Legal & General Group Plc 0.02% of their portfolio London, X0 584,901584.9k $66.3m $66.3m 0.02% Added +83.7k +83,733
75 Baird Financial Group, Inc. 0.11% of their portfolio MILWAUKEE, WI 577,395577.4k $65.5m $65.5m 0.11% Added +120.7k +120,732
76 CTC LLC 4.11% of their portfolio CHICAGO, IL 568,033568.0k $64.4m $64.4m 4.11% Added +222.5k +222,455
77 HCEP Management Ltd 51.44% of their portfolio HONG KONG, K3 564,376564.4k $64.0m $64.0m 51.44% Added +131.2k +131,229
78 Allianz Asset Management GmbH 0.08% of their portfolio MUNICH, 2M 561,516561.5k $63.7m $63.7m 0.08% Added +86.2k +86,199
79 LMR Partners LLP 0.97% of their portfolio LONDON, X0 551,236551.2k $62.5m $62.5m 0.97% Added +443.7k +443,697
80 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 551,159551.2k $62.5m $62.5m 0.02% Reduced -11.7k -11,658
81 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 543,780543.8k $61.7m $61.7m 0.08% Reduced -110.3k -110,316
82 Amundi 0.02% of their portfolio Paris, I0 527,646527.6k $58.4m $58.4m 0.02% Reduced -311.2k -311,192
83 Qube Research & Technologies Ltd 0.08% of their portfolio LONDON, X0 527,240527.2k $59.8m $59.8m 0.08% Reduced -97.3k -97,303
84 TORONTO DOMINION BANK 0.13% of their portfolio TORONTO, ONTARIO, A6 526,420526.4k $59.7m $59.7m 0.13% Added +4.4k +4,358
85 Carrhae Capital LLP 5.68% of their portfolio London, X0 523,722523.7k $59.4m $59.4m 5.68% Reduced -35.3k -35,251
86 CLEAR STREET LLC 0.35% of their portfolio NEW YORK, NY 515,853515.9k $58.5m $58.5m 0.35% New
87 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 513,964514.0k $58.3m $58.3m 0.01% Reduced -52.8k -52,777
88 CI INVESTMENTS INC. 0.22% of their portfolio TORONTO, Z4 513,455513.5k $58.2m $58.2m 0.22% Added +60.8k +60,751
89 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 513,201513.2k $58.2m $58.2m 0.07% Reduced -32.0k -31,957
90 KADENSA CAPITAL Ltd 9.12% of their portfolio CENTRAL, K3 504,822504.8k $57.3m $57.3m 9.12% Added +48.0k +47,958
91 Walleye Trading LLC 1.40% of their portfolio NEW YORK, NY 503,994504.0k $57.2m $57.2m 1.40% Added +134.7k +134,721
92 Davis Asset Management, L.P. 2.21% of their portfolio SAUSALITO, CA 500,000500.0k $56.7m $56.7m 2.21% Unchanged
93 Patient Capital Management, LLC 2.55% of their portfolio BALTIMORE, MD 499,110499.1k $56.6m $56.6m 2.55% Reduced -35.0k -34,979
94 RWC ASSET ADVISORS (US) LLC 13.37% of their portfolio MIAMI, FL 488,630488.6k $55.4m $55.4m 13.37% Reduced -126.5k -126,535
95 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 484,784484.8k $54.9m $54.9m 0.01% Reduced -94.9k -94,920
96 THORNBURG INVESTMENT MANAGEMENT INC 0.71% of their portfolio SANTA FE, NM 484,152484.2k $54.9m $54.9m 0.71% Reduced -9.6k -9,622
97 STRS OHIO 0.20% of their portfolio COLUMBUS, OH 479,715479.7k $54.4m $54.4m 0.20% Unchanged
98 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 470,388470.4k $53.3m $53.3m 0.05% Reduced -439.6k -439,572
99 Greenwoods Asset Management Hong Kong Ltd. 1.84% of their portfolio HONG KONG, K3 465,000465.0k $52.7m $52.7m 1.84% Reduced -136.1k -136,142
100 ARGA Investment Management, LP 1.40% of their portfolio STAMFORD, CT 452,851452.9k $51.4m $51.4m 1.40% Reduced -17.3k -17,328