Vault-13

ALIBABA GROUP HLDG LTD BABA

SPONSORED ADS · ADR · CUSIP 01609W102 · ISIN US01609W1027

Chinese multinational technology company

1,419 institutional holders +143 vs Q2 2025
282,893,962282.9m shares reported held*
$50.5bnreported value*
269 new 483 added 447 reduced 122 sold out net bought ≈ $2.5bn (+14.0m 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 ($150.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $178.55. Options: 93 managers hold calls ($20.3bn notional), 62 hold puts ($14.2bn).

Trends to Q3 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: 1,276Q3 25: 1,4191,419Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 20251,419

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 23: 429 bought or addedQ4 23: 646 cut or sold outQ1 24: 584 bought or addedQ1 24: 521 cut or sold outQ1 24Q2 24: 479 bought or addedQ2 24: 521 cut or sold outQ3 24: 609 bought or addedQ3 24: 523 cut or sold outQ3 24Q4 24: 513 bought or addedQ4 24: 642 cut or sold outQ1 25: 747 bought or addedQ1 25: 567 cut or sold outQ1 25Q2 25: 525 bought or addedQ2 25: 718 cut or sold outQ3 25: 752 bought or addedQ3 25: 569 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023429646
Q1 2024584521
Q2 2024479521
Q3 2024609523
Q4 2024513642
Q1 2025747567
Q2 2025525718
Q3 2025752569

Calls vs puts

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

CallsPuts
$0$10bn$20bn$30bnQ4 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 0.69Q3 25 calls: $20.3bnQ3 25 puts: $14.2bnQ3 25P/C 0.70
Numbers
QuarterCallsPutsP/C
Q4 2024$10.4bn$6.1bn0.58
Q1 2025$15.8bn$9.7bn0.62
Q2 2025$10.0bn$7.0bn0.69
Q3 2025$20.3bn$14.2bn0.70

Biggest buyers

JPMORGAN CHASE & CO Added +13,913,411+13.9m
Capital World Investors Added +5,524,354+5.5m
BANK OF MONTREAL /CAN/ Added +3,121,206+3.1m
JANE STREET GROUP, LLC Added +3,034,418+3.0m
FMR LLC Added +2,820,257+2.8m
BlackRock, Inc. Added +2,643,126+2.6m
HHLR ADVISORS, LTD. Added +2,139,966+2.1m
Artisan Partners Limited Partnership New +1,623,721+1.6m
BARCLAYS PLC Added +1,523,488+1.5m
UBS Group AG Added +1,381,028+1.4m

Biggest sellers

Sanders Capital, LLC Reduced -4,925,348-4.9m
D. E. Shaw & Co., Inc. Reduced -3,029,297-3.0m
North of South Capital LLP Reduced -2,057,866-2.1m
Invesco Ltd. Reduced -1,926,569-1.9m
MILLENNIUM MANAGEMENT LLC Reduced -1,860,936-1.9m
LOOMIS SAYLES & CO L P Reduced -1,765,829-1.8m
ALKEON CAPITAL MANAGEMENT LLC Sold out -1,625,000-1.6m
MORGAN STANLEY Reduced -1,498,102-1.5m
ROYAL BANK OF CANADA Reduced -1,407,219-1.4m
AXIOM INVESTORS LLC /DE Sold out -1,262,023-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.8bn26.9m shares
JANE STREET GROUP, LLC Added $2.7bn15.1m shares
CITADEL ADVISORS LLC Added $2.5bn13.9m shares
IMC-Chicago, LLC Added $1.9bn10.5m shares
GROUP ONE TRADING LLC Added $1.0bn5.7m shares
SIMPLEX TRADING, LLC Added $816.4m4.9m shares
GOLDMAN SACHS GROUP INC Added $793.7m4.4m shares
CTC LLC Reduced $730.4m40.9k shares
UBS Group AG Added $715.7m4.0m shares
BARCLAYS PLC Added $606.7m3.4m shares

Biggest puts

JANE STREET GROUP, LLC Added $2.0bn11.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8bn10.2m shares
CITADEL ADVISORS LLC Added $1.7bn9.4m shares
IMC-Chicago, LLC Added $1.1bn6.3m shares
GOLDMAN SACHS GROUP INC Added $886.0m5.0m shares
JPMORGAN CHASE & CO Added $738.7m4.1m shares
SIMPLEX TRADING, LLC Added $535.0m3.0m shares
CTC LLC Reduced $483.0m27.0k shares
Walleye Trading LLC Added $415.2m2.3m shares
PEAK6 LLC Reduced $340.7m1.9m 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 Q3 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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.19% of their portfolio NEW YORK, NY 33,819,83033.8m $6.0bn $6.0bn 0.19% Added +13.9m +13,913,411
2 PRIMECAP MANAGEMENT CO/CA/ 2.74% of their portfolio PASADENA, CA 19,988,16620.0m $3.6bn $3.6bn 2.74% Reduced -776.1k -776,110
3 FMR LLC 0.11% of their portfolio BOSTON, MA 11,966,78312.0m $2.1bn $2.1bn 0.11% Added +2.8m +2,820,257
4 GOLDMAN SACHS GROUP INC 0.30% of their portfolio NEW YORK, NY 11,772,85911.8m $2.1bn $2.1bn 0.30% Reduced -902.4k -902,386
5 Dodge & Cox 1.06% of their portfolio San Francisco, CA 10,975,37011.0m $2.0bn $2.0bn 1.06% Added +11.1k +11,100
6 UBS Group AG 0.29% of their portfolio ZURICH, V8 8,427,5758.4m $1.5bn $1.5bn 0.29% Added +1.4m +1,381,028
7 HSBC HOLDINGS PLC 0.84% of their portfolio LONDON, X0 8,020,5188.0m $1.4bn $1.4bn 0.84% Reduced -247.4k -247,358
8 APPALOOSA LP 15.61% of their portfolio Short Hills, NJ 6,450,0006.5m $1.2bn $1.2bn 15.61% Reduced -617.3k -617,271
9 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 6,306,6206.3m $1.1bn $1.1bn 0.08% Added +439.6k +439,619
10 Capital World Investors 0.15% of their portfolio LOS ANGELES, CA 6,038,3186.0m $1.1bn $1.1bn 0.15% Added +5.5m +5,524,354
11 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.22% of their portfolio NEW YORK, NY 5,762,2615.8m $1.0bn $1.0bn 0.22% Added +772.6k +772,642
12 BlackRock, Inc. 0.02% of their portfolio New York, NY 5,466,3035.5m $977.0m $977.0m 0.02% Added +2.6m +2,643,126
13 Fisher Asset Management, LLC 0.34% of their portfolio PLANO, TX 5,293,5975.3m $946.1m $946.1m 0.34% Added +26.2k +26,156
14 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 5,043,2885.0m $901.4m $901.4m 0.05% Reduced -1.5m -1,498,102
15 Sanders Capital, LLC 0.79% of their portfolio West Palm Beach, FL 3,607,8113.6m $644.8m $644.8m 0.79% Reduced -4.9m -4,925,348
16 BANK OF MONTREAL /CAN/ 0.27% of their portfolio TORONTO, A6 3,562,8143.6m $636.8m $636.8m 0.27% Added +3.1m +3,121,206
17 AMF Tjanstepension AB 2.49% of their portfolio STOCKHOLM, V7 3,483,6193.5m $622.6m $622.6m 2.49% Added +791.9k +791,933
18 HHLR ADVISORS, LTD. 14.37% of their portfolio GRAND CAYMAN, E9 3,289,6663.3m $588.0m $588.0m 14.37% Added +2.1m +2,139,966
19 JANE STREET GROUP, LLC 0.63% of their portfolio NEW YORK, NY 3,036,8473.0m $542.8m $542.8m 0.63% Added +3.0m +3,034,418
20 AMERICAN CENTURY COMPANIES INC 0.27% of their portfolio KANSAS CITY, MO 2,987,5393.0m $534.0m $534.0m 0.27% Added +448.5k +448,484
21 Discerene Group LP 48.34% of their portfolio STAMFORD, CT 2,985,4873.0m $533.6m $533.6m 48.34% Unchanged
22 H&H International Investment, LLC 3.38% of their portfolio PALO ALTO, CA 2,777,3302.8m $496.4m $496.4m 3.38% Reduced -968.9k -968,900
23 RWWM, INC. 31.48% of their portfolio ROCKLIN, CA 2,466,7292.5m $440.9m $440.9m 31.48% Reduced -91.1k -91,123
24 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 2,411,4342.4m $431.0m $431.0m 0.09% Added +899.5k +899,511
25 MACQUARIE GROUP LTD 0.48% of their portfolio Sydney, NSW 2000, C3 2,283,3022.3m $408.1m $408.1m 0.48% Added +13.0k +13,006
26 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 2,256,8392.3m $403.4m $403.4m 0.07% Reduced -1.4m -1,407,219
27 CITIGROUP INC 0.27% of their portfolio NEW YORK, NY 2,180,5512.2m $389.7m $389.7m 0.27% Reduced -458.0k -457,963
28 BARCLAYS PLC 0.14% of their portfolio LONDON, X0 2,147,0362.1m $383.7m $383.7m 0.14% Added +1.5m +1,523,488
29 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 2,028,6592.0m $362.6m $362.6m 0.08% Added +166.1k +166,134
30 COATUE MANAGEMENT LLC 0.87% of their portfolio New York, NY 1,996,5932.0m $356.9m $356.9m 0.87% Added +1.1m +1,128,826
31 Temasek Holdings (Private) Ltd 1.15% of their portfolio SINGAPORE, U0 1,850,7541.9m $330.8m $330.8m 1.15% Unchanged
32 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 1,743,8071.7m $311.7m $311.7m 0.04% Added +129.2k +129,180
33 Artisan Partners Limited Partnership 0.42% of their portfolio Milwaukee, WI 1,623,7211.6m $290.2m $290.2m 0.42% New
34 UG Investment Advisers Ltd. 43.55% of their portfolio SINGAPORE, U0 1,556,6541.6m $278.2m $278.2m 43.55% Reduced -207.4k -207,437
35 BNP PARIBAS FINANCIAL MARKETS 0.21% of their portfolio PARIS, I0 1,542,3171.5m $275.7m $275.7m 0.21% Added +608.9k +608,875
36 Assenagon Asset Management S.A. 0.38% of their portfolio SENNINGERBERG, N4 1,455,4791.5m $260.1m $260.1m 0.38% Reduced -551.1k -551,112
37 D. E. Shaw & Co., Inc. 0.20% of their portfolio New York, NY 1,416,8141.4m $253.2m $253.2m 0.20% Reduced -3.0m -3,029,297
38 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.40% of their portfolio CAUSEWAY BAY, K3 1,399,2051.4m $250.1m $250.1m 0.40% Added +336.9k +336,864
39 Polunin Capital Partners Ltd 38.20% of their portfolio LONDON, X0 1,381,6341.4m $259.8m $259.8m 38.20% Reduced -45.0k -45,000
40 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 1,342,0071.3m $239.9m $239.9m 0.04% Reduced -1.9m -1,926,569
41 Man Group plc 0.46% of their portfolio LONDON, X0 1,320,9971.3m $236.1m $236.1m 0.46% Reduced -245.8k -245,761
42 NORDEA INVESTMENT MANAGEMENT AB 0.20% of their portfolio STOCKHOLM, V7 1,293,1751.3m $231.9m $231.9m 0.20% Reduced -47.6k -47,643
43 CAUSEWAY CAPITAL MANAGEMENT LLC 2.91% of their portfolio LOS ANGELES, CA 1,231,4641.2m $220.1m $220.1m 2.91% Reduced -11.0k -11,005
44 Clearbridge Investments, LLC 0.17% of their portfolio NEW YORK, NY 1,227,1781.2m $219.3m $219.3m 0.17% New
45 AXA Investment Managers S.A. 0.59% of their portfolio PUTEAUX, I0 1,224,0931.2m $218.8m $218.8m 0.59% First filing
46 Trivest Advisors Ltd 6.45% of their portfolio Hong Kong, K3 1,130,9001.1m $202.1m $202.1m 6.45% New
47 NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio NEW YORK, NY 1,102,8181.1m $197.1m $197.1m 0.14% Added +259.3k +259,293
48 LAZARD ASSET MANAGEMENT LLC 0.26% of their portfolio NEW YORK, NY 1,071,5801.1m $191.5m $191.5m 0.26% Reduced -50.7k -50,709
49 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 1,066,6111.1m $190.6m $190.6m 0.03% Reduced -19.6k -19,610
50 BAMCO INC /NY/ 0.48% of their portfolio NEW YORK, NY 1,003,6991.0m $179.4m $179.4m 0.48% Added +55.7k +55,684
51 Altimeter Capital Management, LP 2.28% of their portfolio MENLO PARK, CA 969,100969.1k $173.2m $173.2m 2.28% New
52 TT International Asset Management LTD 32.61% of their portfolio LONDON, X0 942,176942.2k $168.4m $168.4m 32.61% Added +349.2k +349,162
53 Nuveen, LLC 0.04% of their portfolio CHARLOTTE, NC 894,571894.6k $159.9m $159.9m 0.04% Reduced -362.6k -362,633
54 EMINENCE CAPITAL, LP 2.27% of their portfolio NEW YORK, NY 865,537865.5k $154.7m $154.7m 2.27% Reduced -233.6k -233,554
55 Greenwoods Asset Management Hong Kong Ltd. 3.39% of their portfolio HONG KONG, K3 843,409843.4k $150.7m $150.7m 3.39% Added +378.4k +378,409
56 CapitalatWork S.A. 4.15% of their portfolio AUDERGHEM, C9 795,387795.4k $142.2m $142.2m 4.15% Reduced -24.7k -24,728
57 Handelsbanken Fonder AB 0.43% of their portfolio STOCKHOLM, V7 759,556759.6k $135.8m $135.8m 0.43% Unchanged
58 LOOMIS SAYLES & CO L P 0.16% of their portfolio BOSTON, MA 744,361744.4k $133.0m $133.0m 0.16% Reduced -1.8m -1,765,829
59 Clear Street Group Inc. 0.63% of their portfolio NEW YORK, NY 725,753725.8k $129.7m $129.7m 0.63% First filing
60 Rockefeller Capital Management L.P. 0.25% of their portfolio NEW YORK, NY 715,555715.6k $127.9m $127.9m 0.25% Reduced -285.8k -285,755
61 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 714,794714.8k $127.8m $127.8m 0.02% Added +337.8k +337,758
62 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 660,126660.1k $118.0m $118.0m 0.04% Added +10.9k +10,906
63 BRANDES INVESTMENT PARTNERS, LP 0.94% of their portfolio LA JOLLA, CA 657,221657.2k $117.5m $117.5m 0.94% Added +23.5k +23,489
64 Polar Capital Holdings Plc 0.56% of their portfolio London, X0 648,396648.4k $115.9m $115.9m 0.56% Reduced -63.3k -63,329
65 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 626,257626.3k $111.9m $111.9m 0.03% Added +75.1k +75,098
66 TORONTO DOMINION BANK 0.21% of their portfolio TORONTO, ONTARIO, A6 598,965599.0k $107.1m $107.1m 0.21% Added +72.5k +72,545
67 Legal & General Group Plc 0.02% of their portfolio London, X0 597,562597.6k $106.9m $106.9m 0.02% Added +12.7k +12,661
68 Baird Financial Group, Inc. 0.17% of their portfolio MILWAUKEE, WI 594,550594.5k $106.3m $106.3m 0.17% Added +17.2k +17,155
69 Squarepoint Ops LLC 0.22% of their portfolio NEW YORK, NY 591,936591.9k $105.8m $105.8m 0.22% Reduced -798.9k -798,923
70 Amundi 0.04% of their portfolio Paris, I0 590,758590.8k $110.6m $110.6m 0.04% Added +63.1k +63,112
71 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 588,510588.5k $105.2m $105.2m 0.00% Reduced -35.1k -35,052
72 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 566,981567.0k $101.3m $101.3m 0.12% Added +23.2k +23,201
73 THORNBURG INVESTMENT MANAGEMENT INC 1.29% of their portfolio SANTA FE, NM 553,384553.4k $98.9m $98.9m 1.29% Added +69.2k +69,232
74 HCEP Management Ltd 55.93% of their portfolio HONG KONG, K3 551,128551.1k $98.5m $98.5m 55.93% Reduced -13.2k -13,248
75 MARSHALL WACE, LLP 0.11% of their portfolio LONDON, X0 551,123551.1k $98.5m $98.5m 0.11% Added +448.0k +448,023
76 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 538,008538.0k $96.2m $96.2m 0.10% Added +67.6k +67,620
77 Alyeska Investment Group, L.P. 0.29% of their portfolio CHICAGO, IL 534,004534.0k $95.4m $95.4m 0.29% New
78 CI INVESTMENTS INC. 0.33% of their portfolio TORONTO, Z4 507,543507.5k $90.7m $90.7m 0.33% Reduced -5.9k -5,912
79 Davis Asset Management, L.P. 3.18% of their portfolio SAUSALITO, CA 500,000500.0k $89.4m $89.4m 3.18% Unchanged
80 Carrhae Capital LLP 8.45% of their portfolio London, X0 498,234498.2k $89.0m $89.0m 8.45% Reduced -25.5k -25,488
81 Patient Capital Management, LLC 3.50% of their portfolio BALTIMORE, MD 489,677489.7k $87.5m $87.5m 3.50% Reduced -9.4k -9,433
82 RWC ASSET ADVISORS (US) LLC 14.12% of their portfolio MIAMI, FL 482,503482.5k $86.2m $86.2m 14.12% Reduced -6.1k -6,127
83 Allianz Asset Management GmbH 0.11% of their portfolio MUNICH, 2M 482,068482.1k $86.2m $86.2m 0.11% Reduced -79.4k -79,448
84 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 479,890479.9k $85.8m $85.8m 0.01% Reduced -637.1k -637,064
85 BIT Capital GmbH 3.86% of their portfolio BERLIN, 2M 473,427473.4k $84.6m $84.6m 3.86% Added +468.7k +468,677
86 STRS OHIO 0.30% of their portfolio COLUMBUS, OH 465,260465.3k $83.2m $83.2m 0.30% Reduced -14.5k -14,455
87 Teewinot Capital Advisers, L.L.C. 6.40% of their portfolio Norwalk, CT 460,650460.6k $82.3m $82.3m 6.40% Added +273.5k +273,508
88 ARGA Investment Management, LP 2.15% of their portfolio STAMFORD, CT 452,851452.9k $80.9m $80.9m 2.15% Unchanged
89 Balyasny Asset Management L.P. 0.16% of their portfolio Chicago, IL 450,474450.5k $80.5m $80.5m 0.16% Added +312.9k +312,858
90 Clal Insurance Enterprises Holdings Ltd 0.61% of their portfolio Tel-aviv, L3 450,000450.0k $80.4m $80.4m 0.61% Added +150.0k +150,000
91 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 419,849419.8k $75.0m $75.0m 0.02% Reduced -12.1k -12,134
92 Capula Management Ltd 0.54% of their portfolio Grand Cayman, E9 408,628408.6k $73.0m $73.0m 0.54% Added +382.2k +382,226
93 Maple Rock Capital Partners Inc. 2.94% of their portfolio Toronto, A6 406,930406.9k $72.7m $72.7m 2.94% Reduced -18.3k -18,300
94 Mirae Asset Global Investments Co., Ltd. 0.23% of their portfolio SEOUL, M5 405,027405.0k $72.4m $72.4m 0.23% Added +56.0k +56,047
95 Russell Investments Group, Ltd. 0.08% of their portfolio Seattle, WA 404,199404.2k $72.3m $72.3m 0.08% Reduced -109.0k -109,002
96 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 403,060403.1k $72.0m $72.0m 0.02% Added +18.3k +18,349
97 LMR Partners LLP 0.93% of their portfolio LONDON, X0 402,378402.4k $71.9m $71.9m 0.93% Reduced -148.9k -148,858
98 CIBC Private Wealth Group LLC 0.12% of their portfolio ATLANTA, GA 400,765400.8k $71.6m $71.6m 0.12% Added +555 +555
99 Ruffer LLP 3.82% of their portfolio LONDON, X0 384,886384.9k $68.8m $68.8m 3.82% Added +42.2k +42,214
100 AVIVA PLC 0.12% of their portfolio LONDON, X0 382,322382.3k $68.3m $68.3m 0.12% Reduced -8.8k -8,848