Vault-13

DINGDONG CAYMAN LTD DDL

ADS · ADR · CUSIP 25445D101

61 institutional holders +5 vs Q4 2025
69,869,09169.9m shares reported held*
$180.0mreported value*
19 new 14 added 12 reduced 16 sold out net bought ≈ $2.5m (+991.8k 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 ($132.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.58. Options: 4 managers hold calls ($992.8k notional), 6 hold puts ($2.4m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 27Q4 22: 40Q1 23: 47Q2 23: 42Q3 23: 43Q4 23: 41Q1 24: 39Q2 24: 34Q3 24: 50Q4 24: 67Q1 25: 60Q2 25: 59Q3 25: 53Q4 25: 56Q1 26: 6161Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202227
Q4 202240
Q1 202347
Q2 202342
Q3 202343
Q4 202341
Q1 202439
Q2 202434
Q3 202450
Q4 202467
Q1 202560
Q2 202559
Q3 202553
Q4 202556
Q1 202661

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 24: 13 bought or addedQ2 24: 21 cut or sold outQ3 24: 33 bought or addedQ3 24: 10 cut or sold outQ3 24Q4 24: 46 bought or addedQ4 24: 17 cut or sold outQ1 25: 24 bought or addedQ1 25: 32 cut or sold outQ1 25Q2 25: 27 bought or addedQ2 25: 32 cut or sold outQ3 25: 19 bought or addedQ3 25: 31 cut or sold outQ3 25Q4 25: 21 bought or addedQ4 25: 30 cut or sold outQ1 26: 33 bought or addedQ1 26: 28 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241321
Q3 20243310
Q4 20244617
Q1 20252432
Q2 20252732
Q3 20251931
Q4 20252130
Q1 20263328

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $954.3kQ2 25 puts: $134.7kQ2 25P/C 0.14Q3 25 calls: $706.9kQ3 25 puts: $49.1kQ3 25P/C 0.07Q4 25 calls: $1.2mQ4 25 puts: $208.9kQ4 25P/C 0.18Q1 26 calls: $992.8kQ1 26 puts: $2.4mQ1 26P/C 2.38
Numbers
QuarterCallsPutsP/C
Q2 2025$954.3k$134.7k0.14
Q3 2025$706.9k$49.1k0.07
Q4 2025$1.2m$208.9k0.18
Q1 2026$992.8k$2.4m2.38

Biggest buyers

BARCLAYS PLC Added +2,712,400+2.7m
First Beijing Investment Ltd New +845,952+846.0k
HHLR ADVISORS, LTD. New +354,500+354.5k
BRIGHT VALLEY CAPITAL Ltd New +266,760+266.8k
UBS Group AG Added +253,331+253.3k
Susquehanna Portfolio Strategies, LLC Added +238,432+238.4k
RENAISSANCE TECHNOLOGIES LLC Added +199,600+199.6k
JANE STREET GROUP, LLC Added +134,177+134.2k
Schonfeld Strategic Advisors LLC New +122,231+122.2k
GAM Holding AG New +100,000+100.0k

Biggest sellers

MORGAN STANLEY Reduced -1,610,334-1.6m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -719,359-719.4k
NOMURA HOLDINGS INC Sold out -500,000-500.0k
MARSHALL WACE, LLP Reduced -453,276-453.3k
Qube Research & Technologies Ltd Sold out -307,416-307.4k
JPMORGAN CHASE & CO Sold out -273,999-274.0k
HSBC HOLDINGS PLC Reduced -253,478-253.5k
GOLDMAN SACHS GROUP INC Reduced -127,346-127.3k
Connor, Clark & Lunn Investment Management Ltd. Reduced -120,400-120.4k
Virtu Financial LLC Sold out -70,371-70.4k

Biggest calls

SIMPLEX TRADING, LLC Reduced $391.2k152.2k shares
GROUP ONE TRADING LLC Reduced $323.6k125.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $242.6k94.4k shares
CITADEL ADVISORS LLC Added $35.5k13.8k shares

Biggest puts

GROUP ONE TRADING LLC Added $1.6m620.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $361.3k140.6k shares
SIMPLEX TRADING, LLC Added $123.9k48.2k shares
JANE STREET GROUP, LLC New $114.6k44.6k shares
CITADEL ADVISORS LLC Added $103.1k40.1k shares
IMC-Chicago, LLC New $66.8k26.0k 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.

Insider purchases and sales in Q1 2026

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 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital Today Evergreen Fund, L.P. 17.65% of their portfolio Grand Cayman, E9 11,879,33211.9m $30.5m $30.5m 17.65% Unchanged
2 Galileo (PTC) Ltd 2.95% of their portfolio Washington, DC 11,716,13011.7m $30.1m $30.1m 2.95% Unchanged
3 HSG Holding Ltd 1.63% of their portfolio NA, K3 10,091,83910.1m $26.3m $26.3m 1.63% Unchanged
4 Boundless Plain Holdings Ltd 6.76% of their portfolio HONG KONG, K3 7,989,0018.0m $20.5m $20.5m 6.76% Unchanged
5 PLATINUM INVESTMENT MANAGEMENT LTD 4.20% of their portfolio SYDNEY AUSTRALIA 2000, C3 6,486,5076.5m $16.7m $16.7m 4.20% Added +25.6k +25,618
6 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 3,091,4503.1m $7.9m $7.9m 0.00% First filing
7 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 3,020,2443.0m $7.8m $7.8m 0.01% Unchanged
8 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 2,991,7823.0m $7.7m $7.7m 0.02% Reduced -120.4k -120,400
9 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,853,6632.9m $7.3m $7.3m 0.00% Added +2.7m +2,712,400
10 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,403,4001.4m $3.6m $3.6m 0.01% Added +199.6k +199,600
11 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 1,305,8231.3m $3.4m $3.4m 0.00% Added +15.5k +15,534
12 SOFTBANK GROUP CORP. 0.02% of their portfolio TOKYO, M0 1,050,0001.1m $2.7m $2.7m 0.02% Unchanged
13 First Beijing Investment Ltd 0.09% of their portfolio HONG KONG, K3 845,952846.0k $2.2m $2.2m 0.09% New
14 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 787,973788.0k $2.0m $2.0m 0.00% First filing
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 556,490556.5k $1.4m $1.4m 0.00% Reduced -1.6m -1,610,334
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 491,968492.0k $1.3m $1.3m 0.00% Added +253.3k +253,331
17 HHLR ADVISORS, LTD. 0.05% of their portfolio GRAND CAYMAN, E9 354,500354.5k $911.1k $911.1k 0.05% New
18 Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio Bala Cynwyd, PA 348,544348.5k $895.8k $895.8k 0.01% Added +238.4k +238,432
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 272,415272.4k $700.1k $700.1k 0.00% Reduced -3.2k -3,227
20 BRIGHT VALLEY CAPITAL Ltd 0.71% of their portfolio HONG KONG, K3 266,760266.8k $685.6k $685.6k 0.71% New
21 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 258,737258.7k $665.0k $665.0k 0.00% Added +134.2k +134,177
22 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 218,435218.4k $561.4k $561.4k 0.00% Reduced -4.7k -4,690
23 Anther Capital Ltd 0.01% of their portfolio HONG KONG, K3 165,400165.4k $425.1k $425.1k 0.01% First filing
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 157,337157.3k $404.4k $404.4k 0.00% Reduced -127.3k -127,346
25 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 124,429124.4k $319.8k $319.8k 0.00% Reduced -44.3k -44,316
26 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 122,231122.2k $314.1k $314.1k 0.00% New
27 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 113,798113.8k $292.5k $292.5k 0.00% Added +28.7k +28,700
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 100,668100.7k $258.7k $258.7k 0.00% Reduced -2.8k -2,799
29 GAM Holding AG 0.02% of their portfolio Zurich, V8 100,000100.0k $257.0k $257.0k 0.02% New
30 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 85,43985.4k $219.6k $219.6k 0.00% Reduced -453.3k -453,276
31 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 72,14372.1k $185.4k $185.4k 0.01% Added +72.0k +71,983
32 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 68,43068.4k $175.9k $175.9k 0.00% Added +50.7k +50,700
33 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 67,88667.9k $175.5k $175.5k 0.00% Reduced -253.5k -253,478
34 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 63,17263.2k $162.4k $162.4k 0.00% New
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 53,24053.2k $136.8k $136.8k 0.00% Reduced -70.3k -70,269
36 Rangeley Capital, LLC 0.14% of their portfolio NEW CANAAN, CT 50,00050.0k $128.5k $128.5k 0.14% New
37 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 47,22447.2k $121.4k $121.4k 0.00% Added +25.2k +25,194
38 Centiva Capital, LP 0.00% of their portfolio New York, NY 35,47935.5k $91.2k $91.2k 0.00% New
39 Tairen Capital Ltd 0.01% of their portfolio HONG KONG, K3 33,00033.0k $84.8k $84.8k 0.01% New
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 27,35827.4k $70.3k $70.3k 0.00% Reduced -381 -381
41 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 21,98622.0k $56.5k $56.5k 0.00% New
42 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 21,28021.3k $54.7k $54.7k 0.00% New
43 Verdad Advisers, LP 0.06% of their portfolio BOSTON, MA 21,17021.2k $54.4k $54.4k 0.06% New
44 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 18,38518.4k $47.2k $47.2k 0.00% New
45 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 13,52013.5k $34.7k $34.7k 0.00% New
46 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 13,00513.0k $33.4k $33.4k 0.00% Unchanged
47 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 12,59812.6k $32.4k $32.4k 0.00% New
48 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 9,5489.5k $24.5k $24.5k 0.00% First filing
49 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,1436.1k $15.8k $15.8k 0.00% Unchanged
50 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 5,1445.1k $13.2k $13.2k 0.00% New
51 SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio NEW YORK, NY 3,4753.5k $8.9k $8.9k 0.00% New
52 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 2,3582.4k $6.1k $6.1k 0.00% Unchanged
53 WealthCollab, LLC 0.00% of their portfolio BELLEVUE, WA 1,3991.4k $3.6k $3.6k 0.00% Unchanged
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2371.2k $3.0k $3.0k 0.00% Added +728 +728
55 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 705705 $1.8k $1.8k 0.00% Unchanged
56 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 126126 $324 $324 0.00% New
57 MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio BETHANY, OK 100100 $257 $257 0.00% New
58 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 7676 $195 $195 0.00% Unchanged
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3636 $93 $93 0.00% Reduced -1 -1
60 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 44 $10 $10 0.00% Added +3 +3
61 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 22 $5 $5 0.00% Added +1 +1