Vault-13

BILIBILI INC BILI

SPONS ADS REP Z · ADR · CUSIP 090040106 · ISIN US0900401060

Chinese video sharing website

154 institutional holders -5 vs Q1 2025
37,504,39137.5m shares reported held*
$804.4mreported value*
29 new 48 added 53 reduced 40 sold out net sold ≈ $335.6m (-15.6m 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 ($473.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.45. Options: 23 managers hold calls ($414.4m notional), 24 hold puts ($203.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 141Q4 22: 154Q1 23: 149Q2 23: 146Q3 23: 129Q4 23: 130Q1 24: 150Q2 24: 157Q3 24: 161Q4 24: 159Q1 25: 159Q2 25: 154154Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022141
Q4 2022154
Q1 2023149
Q2 2023146
Q3 2023129
Q4 2023130
Q1 2024150
Q2 2024157
Q3 2024161
Q4 2024159
Q1 2025159
Q2 2025154

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 62 bought or addedQ3 23: 76 cut or sold outQ4 23: 57 bought or addedQ4 23: 75 cut or sold outQ4 23Q1 24: 88 bought or addedQ1 24: 64 cut or sold outQ2 24: 90 bought or addedQ2 24: 76 cut or sold outQ2 24Q3 24: 95 bought or addedQ3 24: 82 cut or sold outQ4 24: 82 bought or addedQ4 24: 83 cut or sold outQ4 24Q1 25: 90 bought or addedQ1 25: 81 cut or sold outQ2 25: 77 bought or addedQ2 25: 93 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236276
Q4 20235775
Q1 20248864
Q2 20249076
Q3 20249582
Q4 20248283
Q1 20259081
Q2 20257793

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 24 calls: $1.1bnQ3 24 puts: $518.3mQ3 24P/C 0.48Q4 24 calls: $1.1bnQ4 24 puts: $445.7mQ4 24P/C 0.42Q1 25 calls: $429.9mQ1 25 puts: $281.7mQ1 25P/C 0.66Q2 25 calls: $414.4mQ2 25 puts: $203.1mQ2 25P/C 0.49
Numbers
QuarterCallsPutsP/C
Q3 2024$1.1bn$518.3m0.48
Q4 2024$1.1bn$445.7m0.42
Q1 2025$429.9m$281.7m0.66
Q2 2025$414.4m$203.1m0.49

Biggest buyers

LMR Partners LLP Added +412,921+412.9k
SIH Partners, LLLP Added +383,668+383.7k
CITADEL ADVISORS LLC Added +371,172+371.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +357,665+357.7k
MORGAN STANLEY Added +306,337+306.3k
CITIGROUP INC Added +275,915+275.9k
Ghisallo Capital Management LLC New +275,000+275.0k
Polymer Capital Management (HK) LTD Added +264,057+264.1k
Man Group plc Added +262,554+262.6k
SIMPLEX TRADING, LLC Added +259,106+259.1k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -3,586,922-3.6m
JENNISON ASSOCIATES LLC Sold out -2,208,581-2.2m
OAKTREE CAPITAL MANAGEMENT LP Sold out -1,925,797-1.9m
FMR LLC Reduced -1,797,522-1.8m
TWO SIGMA INVESTMENTS, LP Reduced -1,385,477-1.4m
Qube Research & Technologies Ltd Reduced -1,240,357-1.2m
Russell Investments Group, Ltd. Reduced -1,225,489-1.2m
Yiheng Capital Management, L.P. Reduced -1,225,103-1.2m
BANK OF AMERICA CORP /DE/ Reduced -744,321-744.3k
GROUP ONE TRADING LLC Sold out -683,869-683.9k

Biggest calls

Yiheng Capital Management, L.P. Reduced $194.0m9.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $38.2m1.8m shares
UBS Group AG Added $24.8m1.2m shares
GROUP ONE TRADING LLC Added $23.4m1.1m shares
JANE STREET GROUP, LLC Reduced $18.2m847.5k shares
Walleye Trading LLC Added $17.4m809.6k shares
PEAK6 LLC Reduced $16.6m772.4k shares
CITADEL ADVISORS LLC Added $14.0m651.9k shares
SIMPLEX TRADING, LLC Reduced $12.7m590.9k shares
Parallax Volatility Advisers, L.P. Reduced $12.0m559.1k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $42.4m2.0m shares
LMR Partners LLP New $27.8m1.3m shares
PEAK6 LLC Added $19.3m898.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $17.3m807.4k shares
CITADEL ADVISORS LLC Reduced $15.4m717.1k shares
Sculptor Capital LP New $14.7m685.6k shares
Parallax Volatility Advisers, L.P. Added $11.6m539.7k shares
Walleye Trading LLC Added $11.1m518.0k shares
SIMPLEX TRADING, LLC Added $10.3m478.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $9.7m452.3k 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.

HolderStakeChangeShares Last filed
NORGES BANK 13G · institution +1.6 pts · filed 2026-08-12 6.8% +1.6 pts 23.5m 2026-08-12
Xu Yi 13G · exempt (held before listing) filed 2025-10-02 6.6% 27.4m 2025-10-02
GOLDMAN SACHS GROUP INC 13G · passive investor new · filed 2025-06-02 5.1% new 17.5m 2025-06-02

Fell to 5% or below in the last year: Tencent Holdings Ltd (4.1%, 2026-09-10)

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 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,274,0134.3m $91.7m $91.7m 0.01% Added +306.3k +306,337
2 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,979,0674.0m $85.4m $85.4m 0.02% Reduced -248.9k -248,867
3 Yiheng Capital Management, L.P. 14.90% of their portfolio SAN FRANCISCO, CA 1,918,5641.9m $41.2m $41.2m 14.90% Reduced -1.2m -1,225,103
4 JANE STREET GROUP, LLC 0.07% of their portfolio NEW YORK, NY 1,898,2831.9m $40.7m $40.7m 0.07% Added +196.9k +196,950
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio BOSTON, MA 1,651,1371.7m $35.4m $35.4m 0.03% Added +167.4k +167,376
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 1,588,1071.6m $34.1m $34.1m 0.05% Added +357.7k +357,665
7 FEDERATED HERMES, INC. 0.06% of their portfolio PITTSBURGH, PA 1,480,2871.5m $31.8m $31.8m 0.06% Added +133.8k +133,828
8 Man Group plc 0.07% of their portfolio LONDON, X0 1,460,1471.5m $31.3m $31.3m 0.07% Added +262.6k +262,554
9 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,306,2631.3m $28.0m $28.0m 0.02% Added +371.2k +371,172
10 Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio VANCOUVER, A1 1,167,9071.2m $25.1m $25.1m 0.09% Reduced -379.1k -379,150
11 FMR LLC 0.00% of their portfolio BOSTON, MA 1,066,0081.1m $22.9m $22.9m 0.00% Reduced -1.8m -1,797,522
12 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 1,047,0101.0m $22.5m $22.5m 0.03% Reduced -1.2m -1,240,357
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 992,655992.7k $21.3m $21.3m 0.00% Reduced -101.5k -101,467
14 SIH Partners, LLLP 1.78% of their portfolio Wilmington, DE 875,633875.6k $18.8m $18.8m 1.78% Added +383.7k +383,668
15 Polymer Capital Management (HK) LTD 2.83% of their portfolio HONG KONG, K3 843,057843.1k $18.1m $18.1m 2.83% Added +264.1k +264,057
16 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 754,219754.2k $16.2m $16.2m 0.01% Reduced -3.6m -3,586,922
17 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 740,571740.6k $15.9m $15.9m 0.02% Added +4.9k +4,902
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 671,733671.7k $14.4m $14.4m 0.00% Reduced -640.6k -640,646
19 XY Capital Ltd 9.64% of their portfolio CENTRAL, K3 651,980652.0k $14.0m $14.0m 9.64% Added +55.0k +54,967
20 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 498,200498.2k $10.7m $10.7m 0.02% Reduced -46.7k -46,700
21 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 467,971468.0k $10.0m $10.0m 0.02% Added +70.4k +70,358
22 LMR Partners LLP 0.15% of their portfolio LONDON, X0 436,190436.2k $9.4m $9.4m 0.15% Added +412.9k +412,921
23 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 407,994408.0k $8.8m $8.8m 0.01% Added +275.9k +275,915
24 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 391,599391.6k $8.4m $8.4m 0.01% Reduced -46.9k -46,913
25 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 373,162373.2k $8.0m $8.0m 0.00% Added +182.0k +181,961
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 348,269348.3k $7.5m $7.5m 0.00% Reduced -744.3k -744,321
27 Optiver Holding B.V. 0.19% of their portfolio AMSTERDAM, P7 335,051335.1k $7.2m $7.2m 0.19% Reduced -5.2k -5,200
28 Pinpoint Asset Management (Singapore) Pte. Ltd. 1.19% of their portfolio SINGAPORE, U0 317,913317.9k $6.8m $6.8m 1.19% First filing
29 SIMPLEX TRADING, LLC 0.18% of their portfolio CHICAGO, IL 307,199307.2k $6.6m $6.6m 0.18% Added +259.1k +259,106
30 Ghisallo Capital Management LLC 0.16% of their portfolio BOSTON, MA 275,000275.0k $5.9m $5.9m 0.16% New
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 251,064251.1k $5.4m $5.4m 0.00% Added +163.6k +163,559
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 229,821229.8k $4.9m $4.9m 0.00% Added +165.7k +165,663
33 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 220,098220.1k $4.7m $4.7m 0.01% New
34 EDMOND DE ROTHSCHILD HOLDING S.A. 0.07% of their portfolio CHAMBESY, V8 205,464205.5k $4.4m $4.4m 0.07% Added +3.0k +3,000
35 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 193,602193.6k $4.2m $4.2m 0.00% Reduced -21.2k -21,241
36 Y-Intercept (Hong Kong) Ltd 0.10% of their portfolio HONG KONG, K3 191,652191.7k $4.1m $4.1m 0.10% New
37 LGT Fund Management Co Ltd. 0.35% of their portfolio VADUZ, N2 185,700185.7k $4.0m $4.0m 0.35% Added +17.6k +17,550
38 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 178,500178.5k $3.8m $3.8m 0.00% Reduced -96.3k -96,337
39 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 172,969173.0k $3.7m $3.7m 0.00% Reduced -1.2m -1,225,489
40 Prescott Group Capital Management, L.L.C. 0.38% of their portfolio Tulsa, OK 150,000150.0k $3.2m $3.2m 0.38% Unchanged
41 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 149,572149.6k $3.2m $3.2m 0.01% Reduced -1.4m -1,385,477
42 Lighthouse Investment Partners, LLC 0.13% of their portfolio Palm Beach Gardens, FL 136,004136.0k $2.9m $2.9m 0.13% New
43 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 131,838131.8k $2.8m $2.8m 0.00% Added +121.8k +121,822
44 Quadrature Capital Ltd 0.05% of their portfolio LONDON, X0 127,169127.2k $2.7m $2.7m 0.05% New
45 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 113,496113.5k $2.4m $2.4m 0.00% Reduced -226.2k -226,224
46 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 112,400112.4k $2.4m $2.4m 0.01% Reduced -36.5k -36,486
47 Tower Research Capital LLC (TRC) 0.06% of their portfolio NEW YORK, NY 111,296111.3k $2.4m $2.4m 0.06% Added +74.6k +74,596
48 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 109,496109.5k $2.3m $2.3m 0.00% Reduced -133.2k -133,174
49 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 103,666103.7k $2.2m $2.2m 0.00% Added +713 +713
50 Rovida Investment Management Ltd 0.40% of their portfolio Grand Cayman, E9 100,000100.0k $2.1m $2.1m 0.40% Unchanged
51 TB Alternative Assets Ltd. 0.38% of their portfolio HONG KONG, K3 95,68395.7k $2.1m $2.1m 0.38% Unchanged
52 IMC-Chicago, LLC 0.04% of their portfolio CHICAGO, IL 78,80978.8k $1.7m $1.7m 0.04% Reduced -56.2k -56,206
53 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 73,63973.6k $1.6m $1.6m 0.00% Added +45.8k +45,784
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 68,25568.3k $1.5m $1.5m 0.00% Added +22.8k +22,836
55 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 64,31364.3k $1.4m $1.4m 0.01% Added +18.7k +18,741
56 Integrated Quantitative Investments LLC 0.39% of their portfolio BELLEVUE, WA 62,28762.3k $1.3m $1.3m 0.39% Added +20.9k +20,887
57 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 60,79460.8k $1.3m $1.3m 0.00% Reduced -336.9k -336,857
58 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 55,41355.4k $1.2m $1.2m 0.08% New
59 Bayforest Capital Ltd 0.51% of their portfolio LONDON, X0 54,44654.4k $1.2m $1.2m 0.51% Added +3.8k +3,836
60 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 52,55752.6k $1.1m $1.1m 0.01% New
61 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 50,20050.2k $1.1m $1.1m 0.00% New
62 ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio PARIS CEDEX 008, I0 48,48448.5k $1.0m $1.0m 0.02% Added +5.1k +5,100
63 Legal & General Group Plc 0.00% of their portfolio London, X0 46,40546.4k $995.6k $995.6k 0.00% Unchanged
64 Marathon Trading Investment Management LLC 0.57% of their portfolio RADNOR, PA 44,17844.2k $947.6k $947.6k 0.57% Reduced -27.1k -27,150
65 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 43,23043.2k $927.3k $927.3k 0.03% Not comparable
66 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 40,52740.5k $869.0k $869.0k 0.00% Reduced -20.0k -19,998
67 Vise Technologies, Inc. 0.03% of their portfolio NEW YORK, NY 38,12638.1k $817.8k $817.8k 0.03% First filing
68 FOX RUN MANAGEMENT, L.L.C. 0.13% of their portfolio GREENWICH, CT 36,85936.9k $790.6k $790.6k 0.13% New
69 PROFUND ADVISORS LLC 0.03% of their portfolio BETHESDA, MD 36,68636.7k $786.9k $786.9k 0.03% Reduced -9.3k -9,339
70 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 36,07436.1k $773.8k $773.8k 0.01% Reduced -179.8k -179,788
71 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 35,82835.8k $768.5k $768.5k 0.00% Reduced -23.4k -23,406
72 DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio NEW YORK, NY 35,25535.3k $756.2k $756.2k 0.03% New
73 Centiva Capital, LP 0.05% of their portfolio New York, NY 34,11834.1k $731.8k $731.8k 0.05% Reduced -50.9k -50,896
74 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 30,19530.2k $647.7k $647.7k 0.01% Added +10.1k +10,126
75 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 28,69228.7k $615.4k $615.4k 0.01% Reduced -140.3k -140,307
76 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 28,66428.7k $614.8k $614.8k 0.02% New
77 Ethic Inc. 0.01% of their portfolio NEW YORK, NY 27,85727.9k $596.7k $596.7k 0.01% Added +2.2k +2,206
78 Mariner, LLC 0.00% of their portfolio Overland Park, KS 23,48623.5k $503.8k $503.8k 0.00% Reduced -151 -151
79 SUMMIT SECURITIES GROUP LLC 0.18% of their portfolio NEW YORK, NY 23,18523.2k $497.3k $497.3k 0.18% Added +22.3k +22,307
80 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 23,11523.1k $495.0k $495.0k 0.00% Reduced -101.9k -101,921
81 Laird Norton Wetherby Wealth Management, LLC 0.02% of their portfolio Seattle, WA 21,45221.5k $460.1k $460.1k 0.02% First filing
82 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 21,30121.3k $456.9k $456.9k 0.02% New
83 MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio NEW YORK, NY 20,66020.7k $443.2k $443.2k 0.01% New
84 Ovata Capital Management Ltd 0.09% of their portfolio HONG KONG, K3 20,00020.0k $429.0k $429.0k 0.09% Unchanged
85 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 18,54318.5k $397.7k $397.7k 0.00% New
86 SBI Securities Co., Ltd. 0.01% of their portfolio TOKYO, M0 17,80717.8k $382.0k $382.0k 0.01% Reduced -1.3k -1,308
87 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,54717.5k $376.4k $376.4k 0.00% Reduced -9.2k -9,231
88 Jain Global LLC 0.01% of their portfolio NEW YORK, NY 16,19316.2k $347.3k $347.3k 0.01% Reduced -28.3k -28,325
89 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 15,91615.9k $341.4k $341.4k 0.00% Reduced -4.2k -4,244
90 AdvisorShares Investments LLC 0.06% of their portfolio BETHESDA, MD 15,80015.8k $338.9k $338.9k 0.06% New
91 Rakuten Securities, Inc. 0.12% of their portfolio TOKYO, M0 14,58914.6k $312.9k $312.9k 0.12% Added +1.9k +1,864
92 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,98014.0k $299.9k $299.9k 0.00% Reduced -2.1k -2,147
93 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 13,80013.8k $296.0k $296.0k 0.01% Added +2.5k +2,465
94 Scientech Research LLC 0.07% of their portfolio JERSEY CITY, NJ 13,27713.3k $284.8k $284.8k 0.07% Reduced -27.4k -27,444
95 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 13,00013.0k $278.9k $278.9k 0.00% New
96 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 13,00013.0k $278.9k $278.9k 0.00% Reduced -41.6k -41,643
97 Mizuho Securities Co. Ltd. 0.94% of their portfolio TOKYO, M0 12,10012.1k $259.5k $259.5k 0.94% New
98 NORGES BANK 0.00% of their portfolio OSLO, Q8 11,39711.4k $244.5k $244.5k 0.00% Unchanged
99 Arista Wealth Management, LLC 0.03% of their portfolio Las Vegas, NV 11,00011.0k $235.9k $235.9k 0.03% New
100 KBC Group NV 0.00% of their portfolio Brussels, C9 10,68310.7k $229.0k $229.0k 0.00% Unchanged