Vault-13

COUPANG INC CPNG

CL A · Common Stock · CUSIP 22266T109 · ISIN US22266T1097

ECommerce website and enterprise in Seoul, South Korea

360 institutional holders -16 vs Q4 2022
1,273,112,6491.3bn shares reported held*
$20.4bnreported value*
45 new 112 added 102 reduced 61 sold out net bought ≈ $159.6m (+6.8m 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 ($4.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.02. Options: 27 managers hold calls ($129.4m notional), 16 hold puts ($49.9m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 336Q4 22: 376Q1 23: 360360Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022336
Q4 2022376
Q1 2023360

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 194 bought or addedQ4 22: 132 cut or sold outQ4 22Q1 23: 157 bought or addedQ1 23: 163 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022194132
Q1 2023157163

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $217.9mQ3 22 puts: $115.0mQ3 22P/C 0.53Q4 22 calls: $210.4mQ4 22 puts: $93.2mQ4 22P/C 0.44Q1 23 calls: $129.4mQ1 23 puts: $49.9mQ1 23P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2022$217.9m$115.0m0.53
Q4 2022$210.4m$93.2m0.44
Q1 2023$129.4m$49.9m0.39

Biggest buyers

FMR LLC Added +15,310,342+15.3m
VIKING GLOBAL INVESTORS LP New +7,421,453+7.4m
WELLINGTON MANAGEMENT GROUP LLP Added +6,243,962+6.2m
PointState Capital LP New +5,017,965+5.0m
PRICE T ROWE ASSOCIATES INC /MD/ Added +4,587,207+4.6m
RENAISSANCE TECHNOLOGIES LLC Added +4,336,207+4.3m
HRT FINANCIAL LP Added +3,450,569+3.5m
Man Group plc New +3,404,705+3.4m
ShawSpring Partners LLC Added +2,661,976+2.7m
NORGES BANK Added +2,193,690+2.2m

Biggest sellers

Capital International Investors Reduced -14,574,975-14.6m
JENNISON ASSOCIATES LLC Reduced -6,312,878-6.3m
MORGAN STANLEY Reduced -4,856,377-4.9m
JANE STREET GROUP, LLC Reduced -4,049,023-4.0m
BAILLIE GIFFORD & CO Reduced -3,100,688-3.1m
Durable Capital Partners LP Reduced -2,729,661-2.7m
MILLENNIUM MANAGEMENT LLC Reduced -2,710,063-2.7m
MARSHALL WACE, LLP Reduced -2,509,865-2.5m
Man Group plc Sold out -2,278,433-2.3m
MAVERICK CAPITAL LTD Reduced -1,945,645-1.9m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $61.2m3.8m shares
Walleye Trading LLC Reduced $10.5m656.6k shares
CITADEL ADVISORS LLC Reduced $9.8m611.5k shares
Jefferies Financial Group Inc. Reduced $8.4m527.2k shares
GROUP ONE TRADING LLC Reduced $8.1m504.1k shares
SIMPLEX TRADING, LLC Reduced $7.5m471.6k shares
WOLVERINE TRADING, LLC Reduced $3.9m250.7k shares
IMC-Chicago, LLC Reduced $3.7m229.5k shares
BANK OF AMERICA CORP /DE/ Reduced $3.0m189.6k shares
Cubist Systematic Strategies, LLC Added $2.4m148.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.4m961.5k shares
Walleye Trading LLC Added $6.2m389.4k shares
Parallax Volatility Advisers, L.P. Reduced $4.7m291.3k shares
CITADEL ADVISORS LLC Reduced $4.4m277.0k shares
GROUP ONE TRADING LLC Reduced $3.5m220.1k shares
Cubist Systematic Strategies, LLC Reduced $3.2m200.2k shares
JANE STREET GROUP, LLC Reduced $3.0m190.5k shares
SIMPLEX TRADING, LLC Reduced $2.2m140.6k shares
IMC-Chicago, LLC Reduced $2.1m131.3k shares
Paloma Partners Management Co New $1.9m115.9k 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
SB INVESTMENT ADVISERS (UK) LTD 13G · exempt (held before listing) -1.4 pts · filed 2025-11-14 17.3% -1.4 pts 289.5m≈ $5.0bn 2025-11-14
Kim Bom 13G · exempt (held before listing) filed 2025-02-14 9.1% 164.4m≈ $2.9bn 2025-02-14

Fell to 5% or below in the last year: BAILLIE GIFFORD & CO (4.8%, 2026-08-04)

Insider purchases and sales in Q1 2023

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 1 buyingQ4 21: 3 sellingQ1 22: 1 buyingQ1 22: 1 sellingQ1 22Q2 22: 1 buyingQ2 22: 3 sellingQ3 22: 0 buyingQ3 22: 1 sellingQ3 22Q4 22: 0 buyingQ4 22: 2 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20211$16.6m3$13.1m—
Q1 20221$3.8m1$3.4m—
Q2 20221$1.0m3$6.5m—
Q3 20220—1$1.7m—
Q4 20220—2$46.8m—
Q1 20230—0——

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SB INVESTMENT ADVISERS (UK) LTD 56.05% of their portfolio LONDON, X0 426,156,413426.2m $6.8bn $6.8bn 56.05% Unchanged
2 MORGAN STANLEY 0.21% of their portfolio NEW YORK, NY 123,374,792123.4m $2.0bn $2.0bn 0.21% Reduced -4.9m -4,856,377
3 BAILLIE GIFFORD & CO 1.62% of their portfolio EDINBURGH, X0 112,075,412112.1m $1.8bn $1.8bn 1.62% Reduced -3.1m -3,100,688
4 MAVERICK CAPITAL LTD 30.55% of their portfolio DALLAS, TX 74,257,25974.3m $1.2bn $1.2bn 30.55% Reduced -1.9m -1,945,645
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio BALTIMORE, MD 52,182,52752.2m $834.9m $834.9m 0.12% Added +4.6m +4,587,207
6 Capital International Investors 0.21% of their portfolio Los Angeles, CA 51,582,26051.6m $825.3m $825.3m 0.21% Reduced -14.6m -14,574,975
7 FMR LLC 0.03% of their portfolio BOSTON, MA 37,838,96837.8m $605.4m $605.4m 0.03% Added +15.3m +15,310,342
8 WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio Boston, MA 31,357,00831.4m $501.7m $501.7m 0.10% Added +6.2m +6,243,962
9 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 71.80% of their portfolio CAMBRIDGE, MA 28,703,67528.7m $459.3m $459.3m 71.80% Unchanged
10 Capital World Investors 0.08% of their portfolio LOS ANGELES, CA 24,778,72824.8m $396.4m $396.4m 0.08% Added +1.1m +1,079,365
11 Duquesne Family Office LLC 13.10% of their portfolio New York, NY 20,283,76520.3m $302.4m $302.4m 13.10% Unchanged
12 NORGES BANK 0.05% of their portfolio OSLO, Q8 15,435,31315.4m $247.0m $247.0m 0.05% Added +2.2m +2,193,690
13 Fiduciary Trust Co 4.00% of their portfolio Boston, MA 13,466,84013.5m $215.5m $215.5m 4.00% Unchanged
14 ABRAMS CAPITAL MANAGEMENT, L.P. 6.80% of their portfolio Boston, MA 13,439,96413.4m $215.0m $215.0m 6.80% Unchanged
15 SANDS CAPITAL MANAGEMENT, LLC 0.62% of their portfolio ARLINGTON, VA 11,855,46011.9m $189.7m $189.7m 0.62% Added +1.1m +1,051,614
16 Foxhaven Asset Management, LP 6.57% of their portfolio Charlottesville, VA 11,368,30411.4m $181.9m $181.9m 6.57% Unchanged
17 BlackRock Inc. 0.01% of their portfolio New York, NY 11,043,48411.0m $176.7m $176.7m 0.01% Added +1.1m +1,067,735
18 GATES FOUNDATION TRUST 0.41% of their portfolio KIRKLAND, WA 9,248,0459.2m $148.0m $148.0m 0.41% Unchanged
19 ShawSpring Partners LLC 18.95% of their portfolio Boston, MA 8,990,2489.0m $143.8m $143.8m 18.95% Added +2.7m +2,661,976
20 GREENOAKS LLC 20.82% of their portfolio ORINDA, CA 8,937,7688.9m $143.0m $143.0m 20.82% Unchanged
21 Kontiki Capital Management (HK) Ltd. 13.96% of their portfolio Hong Kong, K3 8,624,8688.6m $138.0m $138.0m 13.96% Added +198.5k +198,500
22 WASHINGTON UNIVERSITY 32.76% of their portfolio ST LOUIS, MO 7,767,8247.8m $124.3m $124.3m 32.76% Unchanged
23 VIKING GLOBAL INVESTORS LP 0.56% of their portfolio STAMFORD, CT 7,421,4537.4m $118.7m $118.7m 0.56% New
24 RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio NEW YORK, NY 7,255,7007.3m $116.1m $116.1m 0.15% Added +4.3m +4,336,207
25 BAMCO INC /NY/ 0.31% of their portfolio NEW YORK, NY 6,542,3076.5m $104.7m $104.7m 0.31% Added +2.1m +2,087,031
26 Davis Selected Advisers 0.69% of their portfolio Tucson, AZ 6,482,3226.5m $103.7m $103.7m 0.69% Added +3.8k +3,802
27 Rose Park Advisors, LLC 100.00% of their portfolio Boston, MA 5,885,4375.9m $94.2m $94.2m 100.00% Reduced -763.0k -762,989
28 SCGE MANAGEMENT, L.P. 2.48% of their portfolio MENLO PARK, CA 5,653,8185.7m $90.5m $90.5m 2.48% Added +1.6m +1,562,500
29 MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 5,531,2605.5m $88.5m $88.5m 0.10% Reduced -2.7m -2,710,063
30 Coronation Fund Managers Ltd. 2.24% of their portfolio Cape Town, T3 5,256,4925.3m $84.1m $84.1m 2.24% Reduced -33.9k -33,875
31 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 5,123,5885.1m $82.0m $82.0m 0.02% Reduced -862.9k -862,875
32 PointState Capital LP 4.50% of their portfolio New York, NY 5,017,9655.0m $80.3m $80.3m 4.50% New
33 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 5,008,5025.0m $80.1m $80.1m 0.09% Reduced -844.8k -844,787
34 HRT FINANCIAL LP 0.74% of their portfolio NEW YORK, NY 3,695,2333.7m $59.1m $59.1m 0.74% Added +3.5m +3,450,569
35 MARSHALL WACE, LLP 0.14% of their portfolio LONDON, X0 3,435,7823.4m $55.0m $55.0m 0.14% Reduced -2.5m -2,509,865
36 Man Group plc 0.19% of their portfolio LONDON, X0 3,404,7053.4m $54.5m $54.5m 0.19% New
37 HHLR ADVISORS, LTD. 0.92% of their portfolio GRAND CAYMAN, E9 3,241,4003.2m $51.9m $51.9m 0.92% Reduced -134.6k -134,600
38 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 3,012,0603.0m $48.2m $48.2m 0.02% Reduced -993.2k -993,227
39 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,869,6912.9m $45.9m $45.9m 0.01% Added +200.8k +200,836
40 PUBLIC INVESTMENT FUND 0.13% of their portfolio AL AQIQ DISTRICT, RIYADH, T0 2,857,1422.9m $45.7m $45.7m 0.13% Unchanged
41 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,539,3142.5m $40.6m $40.6m 0.01% Added +55.1k +55,090
42 Legal & General Group Plc 0.01% of their portfolio London, X0 2,437,0592.4m $39.0m $39.0m 0.01% Added +190.1k +190,112
43 Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio TOKYO, M0 2,424,6302.4m $38.8m $38.8m 0.09% Reduced -182.2k -182,170
44 Tiger Pacific Capital LP 8.19% of their portfolio NEW YORK, NY 2,404,8932.4m $38.5m $38.5m 8.19% Added +1.2m +1,169,138
45 Balyasny Asset Management L.P. 0.12% of their portfolio Chicago, IL 2,272,6142.3m $36.4m $36.4m 0.12% Added +1.2m +1,179,461
46 Invus Financial Advisors, LLC 23.41% of their portfolio New York, NY 2,246,5712.2m $35.9m $35.9m 23.41% Reduced -520.0k -520,000
47 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 2,219,8542.2m $35.5m $35.5m 0.07% Reduced -41.9k -41,854
48 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,200,3252.2m $35.2m $35.2m 0.00% Added +59.3k +59,262
49 AXIOM INVESTORS LLC /DE 0.54% of their portfolio GREENWICH, CT 2,050,9402.1m $32.8m $32.8m 0.54% Added +379.8k +379,783
50 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 1,569,0571.6m $25.1m $25.1m 0.02% Reduced -168.9k -168,860
51 Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio SEOUL, M5 1,519,4881.5m $24.3m $24.3m 0.06% Added +401.6k +401,583
52 Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio Boston, MA 1,500,9451.5m $24.0m $24.0m 0.12% Added +386.3k +386,334
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,496,2511.5m $23.9m $23.9m 0.00% Reduced -113.0k -113,013
54 Fullerton Fund Management Co Ltd. 1.80% of their portfolio SINGAPORE, U0 1,481,5301.5m $23.7m $23.7m 1.80% New
55 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 1,451,5171.5m $23.2m $23.2m 0.02% Reduced -6.3m -6,312,878
56 Capital International, Inc./CA/ 0.46% of their portfolio Los Angeles, CA 1,436,4041.4m $23.0m $23.0m 0.46% Added +723.4k +723,396
57 MIC Capital Management UK LLP 4.31% of their portfolio LONDON, X0 1,412,9461.4m $22.6m $22.6m 4.31% Unchanged
58 RIT CAPITAL PARTNERS PLC 7.62% of their portfolio London, X0 1,412,3071.4m $22.6m $22.6m 7.62% Unchanged
59 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,316,3121.3m $21.1m $21.1m 0.00% Added +110.1k +110,055
60 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 1,288,2191.3m $20.6m $20.6m 0.04% Added +292.4k +292,432
61 J.P. Morgan Private Wealth Advisors LLC 0.04% of their portfolio SAN FRANCISCO, CA 1,281,9941.3m $20.5m $20.5m 0.04% Reduced -3.7k -3,693
62 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,232,1991.2m $19.7m $19.7m 0.01% Reduced -489.3k -489,319
63 WCM INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio LAGUNA BEACH, CA 1,226,1411.2m $19.6m $19.6m 0.06% Added +50.0k +49,990
64 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 1,187,2461.2m $19.0m $19.0m 0.01% Added +466.0k +465,953
65 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 947,420947.4k $15.2m $15.2m 0.02% Reduced -801.9k -801,936
66 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 947,320947.3k $15.2m $15.2m 0.02% Added +890.0k +890,006
67 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 930,940930.9k $14.9m $14.9m 0.03% Reduced -4.0m -4,049,023
68 Cubist Systematic Strategies, LLC 0.14% of their portfolio STAMFORD, CT 911,641911.6k $14.6m $14.6m 0.14% Reduced -428.5k -428,495
69 Durable Capital Partners LP 0.13% of their portfolio Bethesda, MD 872,438872.4k $14.0m $14.0m 0.13% Reduced -2.7m -2,729,661
70 Trivium Point Advisory, LLC 3.77% of their portfolio WILTON, CT 871,110871.1k $13.9m $13.9m 3.77% Reduced -4.8k -4,796
71 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 863,668863.7k $13.8m $13.8m 0.07% Added +644.5k +644,464
72 FIL Ltd 0.02% of their portfolio HAMILTON, D0 840,960841.0k $13.5m $13.5m 0.02% Added +5.7k +5,684
73 MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 1.33% of their portfolio SAN FRANCISCO, CA 834,020834.0k $13.3m $13.3m 1.33% Reduced -264.3k -264,261
74 Gavilan Investment Partners LLC 6.87% of their portfolio BURLINGAME, CA 832,393832.4k $13.3m $13.3m 6.87% Added +460.5k +460,526
75 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 830,623830.6k $13.3m $13.3m 0.01% Added +645.5k +645,474
76 Chescapmanager LLC 3.66% of their portfolio BALTIMORE, MD 817,133817.1k $13.1m $13.1m 3.66% Unchanged
77 Handelsbanken Fonder AB 0.07% of their portfolio STOCKHOLM, V7 809,553809.6k $13.0m $13.0m 0.07% Added +48.6k +48,616
78 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 774,275774.3k $12.4m $12.4m 0.07% Reduced -74.6k -74,606
79 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 747,754747.8k $12.0m $12.0m 0.03% Unchanged
80 INSPIRION WEALTH ADVISORS, LLC 2.40% of their portfolio LIBERTYVILLE, IL 747,176747.2k $12.0m $12.0m 2.40% Added +59 +59
81 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 746,343746.3k $11.9m $11.9m 0.02% Unchanged
82 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 728,913728.9k $11.7m $11.7m 0.00% Added +35.6k +35,625
83 Penserra Capital Management LLC 0.24% of their portfolio ORINDA, CA 726,140726.1k $11.6m $11.6m 0.24% Reduced -8.4k -8,397
84 Schusterman Interests, LLC 17.75% of their portfolio Tulsa, OK 714,285714.3k $11.4m $11.4m 17.75% Unchanged
85 Trexquant Investment LP 0.31% of their portfolio STAMFORD, CT 694,105694.1k $11.1m $11.1m 0.31% Added +228.5k +228,542
86 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 685,115685.1k $11.0m $11.0m 0.02% Added +952 +952
87 Ensign Peak Advisors, Inc 0.02% of their portfolio SALT LAKE CITY, UT 656,771656.8k $10.5m $10.5m 0.02% Added +377.2k +377,183
88 PICTET ASSET MANAGEMENT SA 0.01% of their portfolio GENEVA 73, V8 654,563654.6k $10.5m $10.5m 0.01% Reduced -64.0k -64,021
89 IEQ CAPITAL, LLC 0.24% of their portfolio Foster City, CA 639,323639.3k $10.2m $10.2m 0.24% New
90 UNTITLED INVESTMENTS LP 3.86% of their portfolio NEW YORK, NY 628,560628.6k $10.1m $10.1m 3.86% New
91 HAMILTON LANE ADVISORS LLC 1.67% of their portfolio CONSHOHOCKEN, PA 618,524618.5k $9.9m $9.9m 1.67% Added +309.3k +309,262
92 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 563,001563.0k $9.0m $9.0m 0.01% Added +376.3k +376,309
93 Parallel Advisors, LLC 0.30% of their portfolio SAN FRANCISCO, CA 548,499548.5k $8.8m $8.8m 0.30% Reduced -550 -550
94 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 538,376538.4k $8.6m $8.6m 0.01% New
95 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 531,448531.4k $8.5m $8.5m 0.00% Added +63.0k +63,001
96 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 526,548526.5k $8.4m $8.4m 0.01% Added +167.1k +167,087
97 MOORE CAPITAL MANAGEMENT, LP 0.25% of their portfolio NEW YORK, NY 509,513509.5k $8.2m $8.2m 0.25% Added +82.8k +82,794
98 NWI MANAGEMENT LP 1.27% of their portfolio NEW YORK, NY 500,000500.0k $8.0m $8.0m 1.27% Unchanged
99 J. Goldman & Co LP 0.46% of their portfolio NEW YORK, NY 495,001495.0k $7.9m $7.9m 0.46% Added +413.0k +413,026
100 GENERATION INVESTMENT MANAGEMENT LLP 0.04% of their portfolio London, X0 491,844491.8k $7.9m $7.9m 0.04% New