Vault-13

DADA NEXUS LTD DADA

ADS · ADR · CUSIP 23344D108 · ISIN US23344D1081

83 institutional holders +11 vs Q4 2024
39,571,99139.6m shares reported held*
$74.1mreported value*
25 new 25 added 19 reduced 14 sold out net bought ≈ $31.4m (+16.5m 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 ($32.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.87. Options: 8 managers hold calls ($608.3k notional), 7 hold puts ($1.1m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 78Q4 22: 81Q1 23: 88Q2 23: 97Q3 23: 82Q4 23: 87Q1 24: 76Q2 24: 69Q3 24: 67Q4 24: 72Q1 25: 8383Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202278
Q4 202281
Q1 202388
Q2 202397
Q3 202382
Q4 202387
Q1 202476
Q2 202469
Q3 202467
Q4 202472
Q1 202583

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 62 bought or addedQ2 23: 43 cut or sold outQ3 23: 39 bought or addedQ3 23: 51 cut or sold outQ3 23Q4 23: 41 bought or addedQ4 23: 36 cut or sold outQ1 24: 39 bought or addedQ1 24: 46 cut or sold outQ1 24Q2 24: 35 bought or addedQ2 24: 35 cut or sold outQ3 24: 27 bought or addedQ3 24: 34 cut or sold outQ3 24Q4 24: 36 bought or addedQ4 24: 36 cut or sold outQ1 25: 50 bought or addedQ1 25: 33 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20236243
Q3 20233951
Q4 20234136
Q1 20243946
Q2 20243535
Q3 20242734
Q4 20243636
Q1 20255033

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 24 calls: $332.8kQ2 24 puts: $92.6kQ2 24P/C 0.28Q3 24 calls: $301.9kQ3 24 puts: $215.1kQ3 24P/C 0.71Q4 24 calls: $44.6kQ4 24 puts: $225.1kQ4 24P/C 5.04Q1 25 calls: $608.3kQ1 25 puts: $1.1mQ1 25P/C 1.73
Numbers
QuarterCallsPutsP/C
Q2 2024$332.8k$92.6k0.28
Q3 2024$301.9k$215.1k0.71
Q4 2024$44.6k$225.1k5.04
Q1 2025$608.3k$1.1m1.73

Biggest buyers

MASO CAPITAL PARTNERS Ltd New +5,322,424+5.3m
CITADEL ADVISORS LLC Added +3,848,083+3.8m
OMERS ADMINISTRATION Corp New +2,555,500+2.6m
Oasis Management Co Ltd. New +1,650,000+1.6m
Jain Global LLC New +1,521,233+1.5m
D. E. Shaw & Co., Inc. New +1,318,453+1.3m
MORGAN STANLEY Added +901,341+901.3k
Polymer Capital Management (US) LLC New +744,700+744.7k
MILLENNIUM MANAGEMENT LLC Added +670,689+670.7k
RENAISSANCE TECHNOLOGIES LLC Added +670,200+670.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -2,322,136-2.3m
Prescott Group Capital Management, L.L.C. Reduced -990,313-990.3k
Harvest Fund Management Co., Ltd Reduced -900,000-900.0k
HHLR ADVISORS, LTD. Sold out -700,000-700.0k
Rovida Investment Management Ltd Reduced -491,457-491.5k
UBS Group AG Reduced -275,216-275.2k
Van Berkom & Associates Inc. Sold out -224,925-224.9k
JPMORGAN CHASE & CO Reduced -145,818-145.8k
Quinn Opportunity Partners LLC Sold out -136,356-136.4k
BARCLAYS PLC Reduced -98,180-98.2k

Biggest calls

GROUP ONE TRADING LLC Added $345.6k186.8k shares
Walleye Trading LLC New $92.1k49.8k shares
CITADEL ADVISORS LLC Added $59.9k32.4k shares
JANE STREET GROUP, LLC New $38.7k20.9k shares
WOLVERINE TRADING, LLC New $34.6k18.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $29.4k15.9k shares
SIMPLEX TRADING, LLC Added $8.0k4.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Walleye Trading LLC New $406.4k219.7k shares
GROUP ONE TRADING LLC Added $329.3k178.0k shares
SIMPLEX TRADING, LLC Added $135.0k73.2k shares
CITADEL ADVISORS LLC Added $93.2k50.4k shares
JANE STREET GROUP, LLC New $62.0k33.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $24.1k13.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MASO CAPITAL PARTNERS Ltd 14.88% of their portfolio HONG KONG, K3 5,322,4245.3m $9.8m $9.8m 14.88% New
2 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 4,719,3564.7m $8.7m $8.7m 0.01% Added +3.8m +3,848,083
3 Rovida Investment Management Ltd 2.56% of their portfolio Grand Cayman, E9 4,121,8114.1m $8.5m $8.5m 2.56% Reduced -491.5k -491,457
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,626,5323.6m $6.7m $6.7m 0.00% Added +18.4k +18,426
5 OMERS ADMINISTRATION Corp 0.04% of their portfolio TORONTO, A6 2,555,5002.6m $4.7m $4.7m 0.04% New
6 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 2,033,1002.0m $3.8m $3.8m 0.01% Added +670.2k +670,200
7 Oasis Management Co Ltd. 1.00% of their portfolio GRAND CAYMAN, E9 1,650,0001.6m $3.1m $3.1m 1.00% New
8 Jain Global LLC 0.06% of their portfolio NEW YORK, NY 1,521,2331.5m $2.8m $2.8m 0.06% New
9 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,318,4531.3m $2.4m $2.4m 0.00% New
10 Leading Securities Co Ltd 11.98% of their portfolio HONG KONG, K3 1,077,0811.1m $2.0m $2.0m 11.98% Added +4.0k +4,000
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,072,4601.1m $2.0m $2.0m 0.00% Added +901.3k +901,341
12 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 919,927919.9k $1.7m $1.7m 0.00% Added +515.3k +515,341
13 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 759,352759.4k $1.4m $1.4m 0.00% Added +670.7k +670,689
14 Polymer Capital Management (US) LLC 0.42% of their portfolio NEW YORK, NY 744,700744.7k $1.4m $1.4m 0.42% New
15 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 685,797685.8k $1.3m $1.3m 0.00% Reduced -21.9k -21,865
16 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 618,986619.0k $1.1m $1.1m 0.03% Not comparable
17 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 584,023584.0k $1.1m $1.1m 0.00% Added +152.7k +152,657
18 Olympiad Research LP 1.02% of their portfolio Stamford, CT 470,681470.7k $870.8k $870.8k 1.02% New
19 PRELUDE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 435,932435.9k $806.5k $806.5k 0.08% New
20 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 385,113385.1k $712.0k $712.0k 0.06% New
21 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 384,331384.3k $711.0k $711.0k 0.01% Reduced -25.2k -25,235
22 Prescott Group Capital Management, L.L.C. 0.10% of their portfolio Tulsa, OK 357,021357.0k $660.5k $660.5k 0.10% Reduced -990.3k -990,313
23 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 333,056333.1k $616.2k $616.2k 0.00% New
24 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 285,156285.2k $527.5k $527.5k 0.00% Added +152.4k +152,419
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 277,056277.1k $512.6k $512.6k 0.00% Added +127.2k +127,189
26 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 260,522260.5k $482.0k $482.0k 0.00% Unchanged
27 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 255,800255.8k $473.2k $473.2k 0.00% Added +181.1k +181,100
28 Harbour Capital Advisors, LLC 0.11% of their portfolio TYSONS CORNER, VA 224,360224.4k $430.8k $430.8k 0.11% Added +104.0k +104,030
29 GABELLI & Co INVESTMENT ADVISERS, INC. 0.05% of their portfolio Rye, NY 193,350193.3k $357.7k $357.7k 0.05% New
30 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 193,156193.2k $357.3k $357.3k 0.02% Added +67.5k +67,483
31 Headlands Technologies LLC 0.04% of their portfolio CHICAGO, IL 176,924176.9k $327.3k $327.3k 0.04% Added +166.9k +166,864
32 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 166,650166.7k $308.3k $308.3k 0.00% New
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 163,920163.9k $303.3k $303.3k 0.00% Reduced -275.2k -275,216
34 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 160,651160.7k $298.0k $298.0k 0.01% Added +134.1k +134,124
35 BAROMETER CAPITAL MANAGEMENT INC. 0.09% of their portfolio TORONTO, A6 134,900134.9k $249.6k $249.6k 0.09% New
36 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 130,001130.0k $240.5k $240.5k 0.00% New
37 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 109,323109.3k $202.2k $202.2k 0.00% Added +46 +46
38 Cladis Investment Advisory, LLC 0.14% of their portfolio BILLINGS, MT 107,500107.5k $198.9k $198.9k 0.14% Reduced -60.0k -60,000
39 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 97,35597.4k $180.1k $180.1k 0.00% Added +2.2k +2,217
40 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 96,72396.7k $178.9k $178.9k 0.00% Added +3.3k +3,327
41 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 83,70083.7k $154.8k $154.8k 0.00% Unchanged
42 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 73,21373.2k $135.4k $135.4k 0.00% Added +22.1k +22,137
43 Fore Capital, LLC 0.15% of their portfolio New York, NY 70,00070.0k $129.5k $129.5k 0.15% Unchanged
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 69,00369.0k $127.7k $127.7k 0.00% Added +16.8k +16,776
45 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 62,85862.9k $116.3k $116.3k 0.00% Unchanged
46 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 50,16250.2k $93.0k $93.0k 0.00% Reduced -8.7k -8,729
47 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 46,75946.8k $86.5k $86.5k 0.00% New
48 SHEN NEIL NANPENG 51.21% of their portfolio NA, K3 46,31846.3k $86.2k $86.2k 51.21% Unchanged
49 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 45,55745.6k $84.0k $84.0k 0.00% Added +21.9k +21,905
50 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,32843.3k $80.2k $80.2k 0.00% Reduced -37.5k -37,504
51 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio BALA CYNWYD, PA 35,70535.7k $66.1k $66.1k 0.00% Reduced -16.7k -16,690
52 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 31,20631.2k $57.7k $57.7k 0.00% Added +25.8k +25,760
53 Virtu Financial LLC 0.00% of their portfolio New York, NY 21,67021.7k $40.0k $40.0k 0.00% Reduced -16.0k -15,998
54 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 18,75018.8k $34.7k $34.7k 0.00% New
55 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 17,60017.6k $32.6k $32.6k 0.00% New
56 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 16,67116.7k $30.8k $30.8k 0.00% Reduced -2.1k -2,075
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 15,74115.7k $29.1k $29.1k 0.00% Reduced -98.2k -98,180
58 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 14,57914.6k $27.0k $27.0k 0.00% Reduced -515 -515
59 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 14,30014.3k $26.5k $26.5k 0.00% Unchanged
60 Harvest Fund Management Co., Ltd 0.00% of their portfolio BEIJING, F4 12,66412.7k $23.0k $23.0k 0.00% Reduced -900.0k -900,000
61 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 11,95212.0k $22.1k $22.1k 0.00% Reduced -6.4k -6,368
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,43010.4k $19.0k $19.0k 0.00% Reduced -950 -950
63 FourWorld Capital Management LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $18.5k $18.5k 0.01% New
64 Hexagon Capital Partners LLC 0.00% of their portfolio ROGERS, AR 8,6008.6k $15.9k $15.9k 0.00% Unchanged
65 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 7,1817.2k $13.3k $13.3k 0.00% Added +5.5k +5,474
66 Caitong International Asset Management Co., Ltd 0.01% of their portfolio HONG KONG, K3 4,3894.4k $8.1k $8.1k 0.01% Added +4.1k +4,122
67 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 4,3084.3k $8.0k $8.0k 0.00% Added +52 +52
68 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,0764.1k $7.5k $7.5k 0.00% Reduced -2.3m -2,322,136
69 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,0512.1k $3.8k $3.8k 0.00% New
70 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 1,2681.3k $2.3k $2.3k 0.00% New
71 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,0431.0k $1.9k $1.9k 0.00% New
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 939939 $1.7k $1.7k 0.00% Unchanged
73 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 841841 $1.6k $1.6k 0.00% Reduced -132 -132
74 N.E.W. Advisory Services LLC 0.00% of their portfolio DE PERE, WI 700700 $1.3k $1.3k 0.00% New
75 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 430430 $796 $796 0.00% New
76 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 430430 $800 $800 0.00% Unchanged
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 278278 $514 $514 0.00% Unchanged
78 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 257257 $475 $475 0.00% First filing
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 238238 $440 $440 0.00% Reduced -145.8k -145,818
80 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 173173 $320 $320 0.00% New
81 Point72 (DIFC) Ltd 0.00% of their portfolio DUBAI, C0 6565 $120 $120 0.00% Unchanged
82 Dunhill Financial, LLC 0.00% of their portfolio LONDON, X0 77 $75 $75 0.00% New
83 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged