BILIBILI INC BILI
SPONS ADS REP Z · ADR · CUSIP 090040106 · ISIN US0900401060
Chinese video sharing website
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersYangpu District, People's Republic of China
- Founded2009
- Websitebilibili.com
- FilingsSEC EDGAR
* 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 ($49.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.29. Options: 23 managers hold calls ($225.5m notional), 23 hold puts ($158.9m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 141 |
| Q4 2022 | 154 |
| Q1 2023 | 149 |
| Q2 2023 | 146 |
| Q3 2023 | 129 |
| Q4 2023 | 130 |
| Q1 2024 | 150 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 80 | 69 |
| Q1 2023 | 82 | 79 |
| Q2 2023 | 66 | 86 |
| Q3 2023 | 62 | 76 |
| Q4 2023 | 57 | 75 |
| Q1 2024 | 88 | 64 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $312.7m | $222.2m | 0.71 |
| Q3 2023 | $413.9m | $228.0m | 0.55 |
| Q4 2023 | $278.4m | $170.9m | 0.61 |
| Q1 2024 | $225.5m | $158.9m | 0.70 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +7.0m |
| MARSHALL WACE, LLP | Added | +5.8m |
| MORGAN STANLEY | Added | +2.8m |
| FMR LLC | Added | +2.6m |
| Ghisallo Capital Management LLC | New | +1.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +1.7m |
| CANADA PENSION PLAN INVESTMENT BOARD | New | +1.7m |
| CITADEL ADVISORS LLC | Added | +1.5m |
| OLD MISSION CAPITAL LLC | New | +1.3m |
| FIRST MANHATTAN CO. LLC. | Added | +1.2m |
Biggest sellers
| Alibaba Group Holding Ltd | Sold out | -10.0m |
| Artisan Partners Limited Partnership | Sold out | -3.1m |
| Allspring Global Investments Holdings, LLC | Reduced | -2.7m |
| SEI INVESTMENTS CO | Reduced | -533.0k |
| Prescott Group Capital Management, L.L.C. | Reduced | -250.0k |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | -211.5k |
| Yiheng Capital Management, L.P. | Reduced | -145.1k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -140.6k |
| BlackRock Inc. | Reduced | -134.9k |
| Parallax Volatility Advisers, L.P. | Reduced | -121.3k |
Biggest calls
| Yiheng Capital Management, L.P. | Reduced | $126.0m11.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $17.3m1.5m shares |
| JANE STREET GROUP, LLC | Reduced | $17.2m1.5m shares |
| Capital Markets Trading UK LLP | Added | $15.0m1.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $10.6m943.6k shares |
| Squarepoint Ops LLC | Added | $6.7m600.9k shares |
| IMC-Chicago, LLC | Reduced | $5.5m489.6k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m399.3k shares |
| Walleye Trading LLC | Reduced | $3.9m352.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $3.7m327.4k shares |
Biggest puts
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | $27.2m2.4m shares |
| GOLDMAN SACHS GROUP INC | Added | $20.0m1.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.1m1.7m shares |
| CITADEL ADVISORS LLC | Added | $18.0m1.6m shares |
| Weiss Asset Management LP | Unchanged | $16.8m1.5m shares |
| SIMPLEX TRADING, LLC | Added | $10.8m965.1k shares |
| Squarepoint Ops LLC | Added | $8.5m756.8k shares |
| D. E. Shaw & Co., Inc. | Added | $7.2m644.6k shares |
| Walleye Trading LLC | Reduced | $6.9m616.9k shares |
| UBS Group AG | Unchanged | $5.6m500.0k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| NORGES BANK 13G · institution +1.6 pts · filed 2026-08-12 | 6.8% |
| Xu Yi 13G · exempt (held before listing) filed 2025-10-02 | 6.6% |
| GOLDMAN SACHS GROUP INC 13G · passive investor new · filed 2025-06-02 | 5.1% |
Fell to 5% or below in the last year: Tencent Holdings Ltd (4.1%, 2026-09-10)
Insider purchases and sales in Q1 2024
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 Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Yiheng Capital Management, L.P. 21.94% of their portfolio | 13.6m $152.7m | Reduced -145.1k |
| MORGAN STANLEY 0.00% of their portfolio | 8.6m $96.5m | Added +2.8m |
| MARSHALL WACE, LLP 0.15% of their portfolio | 8.0m $89.9m | Added +5.8m |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 7.4m $82.9m | Added +7.0m |
| FMR LLC 0.00% of their portfolio | 4.3m $47.8m | Added +2.6m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.7m $29.9m | Added +655.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 2.6m $29.5m | Added +1.7m |
| First Beijing Investment Ltd 4.58% of their portfolio | 2.1m $23.8m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 2.0m $22.8m | Added +723.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.9m $20.9m | Added +1.5m |
| Ghisallo Capital Management LLC 2.34% of their portfolio | 1.8m $20.6m | New |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 1.7m $19.4m | Reduced -2.7m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 1.7m $18.5m | New |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 1.6m $18.5m | Added +459.5k |
| UBS Group AG 0.01% of their portfolio | 1.5m $16.7m | Added +1.2m |
| OLD MISSION CAPITAL LLC 0.36% of their portfolio | 1.3m $14.8m | New |
| FIRST MANHATTAN CO. LLC. 0.05% of their portfolio | 1.3m $14.8m | Added +1.2m |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 1.2m $13.0m | Added +1.1m |
| Regal Partners Ltd 1.05% of their portfolio | 896.4k $10.0m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 896.2k $10.0m | Added +412.0k |
| BlackRock Inc. 0.00% of their portfolio | 874.6k $9.8m | Reduced -134.9k |
| Trexquant Investment LP 0.16% of their portfolio | 716.0k $8.0m | Added +537.9k |
| XY Capital Ltd 5.61% of their portfolio | 592.2k $6.6m | New |
| Prescott Group Capital Management, L.L.C. 1.01% of their portfolio | 560.0k $6.3m | Reduced -250.0k |
| Verition Fund Management LLC 0.06% of their portfolio | 552.6k $6.2m | New |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 525.6k $12.9m | Reduced -140.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 517.9k $5.8m | Added +339.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 513.0k $5.7m | Reduced -28.6k |
| Athos Capital Ltd 6.98% of their portfolio | 500.0k $5.6m | New |
| SIH Partners, LLLP 4.01% of their portfolio | 486.2k $5.4m | Added +429.8k |
| GTS SECURITIES LLC 0.13% of their portfolio | 442.8k $5.0m | Added +342.0k |
| Woodline Partners LP 0.04% of their portfolio | 420.2k $4.7m | New |
| Old Well Partners, LLC 1.98% of their portfolio | 397.4k $4.5m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 389.8k $4.4m | Added +8.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 363.2k $4.1m | Reduced -211.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 350.0k $3.9m | New |
| SIMPLEX TRADING, LLC 0.11% of their portfolio | 335.7k $3.8m | Added +267.8k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.06% of their portfolio | 323.9k $3.6m | Added +30.0k |
| CITIGROUP INC 0.00% of their portfolio | 311.5k $3.5m | Reduced -103.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 311.0k $3.5m | Added +120.2k |
| TB Alternative Assets Ltd. 0.85% of their portfolio | 303.9k $3.4m | Unchanged |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 303.8k $3.4m | Added +192.4k |
| Yong Rong (HK) Asset Management Ltd 0.90% of their portfolio | 300.0k $3.4m | New |
| Walleye Trading LLC 0.05% of their portfolio | 297.5k $3.3m | Added +160.0k |
| Harvest Fund Management Co., Ltd 0.27% of their portfolio | 270.0k $3.0m | Reduced -16.6k |
| Polymer Capital Management (HK) LTD 0.66% of their portfolio | 234.1k $2.6m | New |
| HRT FINANCIAL LP 0.02% of their portfolio | 223.0k $2.5m | New |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 202.4k $2.3m | Reduced -35.1k |
| Monashee Investment Management LLC 0.23% of their portfolio | 175.0k $2.0m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 170.1k $1.9m | Reduced -533.0k |
| BERYLSON CAPITAL PARTNERS, LLC 3.79% of their portfolio | 169.0k $1.9m | New |
| Invesco Ltd. 0.00% of their portfolio | 135.4k $1.5m | Added +723 |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 124.7k $1.4m | Unchanged |
| Walleye Capital LLC 0.01% of their portfolio | 120.9k $1.4m | New |
| SpiderRock Advisors, LLC 0.05% of their portfolio | 120.0k $1.4m | New |
| Penserra Capital Management LLC 0.02% of their portfolio | 109.7k $1.2m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 101.1k $1.1m | Added +390 |
| SEVEN GRAND MANAGERS, LLC 0.55% of their portfolio | 100.0k $1.1m | New |
| Weiss Asset Management LP 0.05% of their portfolio | 94.6k $1.1m | Added +36.6k |
| Ovata Capital Management Ltd 0.53% of their portfolio | 90.0k $1.0m | New |
| HighVista Strategies LLC 0.35% of their portfolio | 87.9k $984.0k | Added +9.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 85.9k $962.2k | Reduced -76.6k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 84.9k $951.0k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 82.3k $921.2k | Added +25.1k |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 76.9k $861.7k | Reduced -121.3k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 72.1k $807.2k | New |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 71.0k $794.7k | New |
| Centiva Capital, LP 0.04% of their portfolio | 68.7k $769.8k | Added +18.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 60.6k $678.6k | Reduced -99.2k |
| Swedbank AB 0.00% of their portfolio | 57.6k $645.1k | Reduced -4.1k |
| Engineers Gate Manager LP 0.02% of their portfolio | 50.9k $570.3k | Added +3.7k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 48.1k $538.5k | Added +19.9k |
| NATIXIS 0.00% of their portfolio | 48.0k $537.4k | New |
| Legal & General Group Plc 0.00% of their portfolio | 45.2k $505.9k | Unchanged |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 44.7k $500.6k | Reduced -5.2k |
| Lighthouse Investment Partners, LLC 0.03% of their portfolio | 42.3k $473.5k | New |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 41.1k $460.0k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 40.7k $456.3k | New |
| PROFUND ADVISORS LLC 0.02% of their portfolio | 39.5k $442.9k | Reduced -12.1k |
| MAVERICK CAPITAL LTD 0.01% of their portfolio | 38.6k $432.2k | New |
| Susquehanna International Group Ltd. 0.10% of their portfolio | 38.2k $428.4k | Added +16.7k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 37.7k $422.1k | New |
| ALTFEST L J & CO INC 0.06% of their portfolio | 36.6k $410.0k | Added +43 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 36.5k $408.0k | New |
| Ethic Inc. 0.01% of their portfolio | 35.8k $400.8k | Added +12.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 33.4k $373.9k | Added +26.0k |
| SG Americas Securities, LLC 0.00% of their portfolio | 32.1k $360.0k | Reduced -48.1k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 32.0k $359.0k | Reduced -32.4k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 31.8k $356.2k | Reduced -8.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 30.9k $346.0k | Added +42 |
| BARCLAYS PLC 0.00% of their portfolio | 29.7k $332.8k | Added +6.3k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 28.4k $318.1k | Reduced -8.0k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 27.9k $312.8k | New |
| NINE MASTS CAPITAL Ltd 0.07% of their portfolio | 25.0k $280.0k | New |
| Creative Planning 0.00% of their portfolio | 24.2k $270.9k | Added +12.7k |
| LANSDOWNE PARTNERS (UK) LLP 0.02% of their portfolio | 23.0k $257.6k | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 22.4k $251.0k | Reduced -6.7k |
| Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio | 22.0k $246.0k | Reduced -6.1k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 20.7k $232.4k | Reduced -2.5k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 19.7k $220.4k | New |