DINGDONG CAYMAN LTD DDL
ADS · ADR · CUSIP 25445D101
- SectorConsumer discretionary
- IndustryRetail-Catalog & Mail-Order Houses
- 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 ($63.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.93. Options: 5 managers hold calls ($337.2k notional), 4 hold puts ($588.8k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 40 |
| Q1 2023 | 47 |
| Q2 2023 | 42 |
| Q3 2023 | 43 |
| Q4 2023 | 41 |
| Q1 2024 | 39 |
| Q2 2024 | 34 |
| Q3 2024 | 50 |
| Q4 2024 | 67 |
| Q1 2025 | 60 |
| Q2 2025 | 59 |
| Q3 2025 | 53 |
| Q4 2025 | 56 |
| Q1 2026 | 61 |
| Q2 2026 | 55 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 33 | 10 |
| Q4 2024 | 46 | 17 |
| Q1 2025 | 24 | 32 |
| Q2 2025 | 27 | 32 |
| Q3 2025 | 19 | 31 |
| Q4 2025 | 21 | 30 |
| Q1 2026 | 33 | 28 |
| Q2 2026 | 12 | 31 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $706.9k | $49.1k | 0.07 |
| Q4 2025 | $1.2m | $208.9k | 0.18 |
| Q1 2026 | $992.8k | $2.4m | 2.38 |
| Q2 2026 | $337.2k | $588.8k | 1.75 |
Biggest buyers
| Schonfeld Strategic Advisors LLC | Added | +636.0k |
| Polymer Capital Management (HK) LTD | New | +84.5k |
| GAM Holding AG | Added | +40.0k |
| MORGAN STANLEY | Added | +34.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +34.4k |
| SIMPLEX TRADING, LLC | New | +27.8k |
| Ground Swell Capital, LLC | New | +11.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +8.2k |
| ROYAL BANK OF CANADA | Added | +376 |
| EverSource Wealth Advisors, LLC | New | +129 |
Biggest sellers
| HHLR ADVISORS, LTD. | Sold out | -354.5k |
| BRIGHT VALLEY CAPITAL Ltd | Sold out | -266.8k |
| First Beijing Investment Ltd | Reduced | -223.5k |
| Susquehanna Portfolio Strategies, LLC | Reduced | -213.7k |
| UBS Group AG | Reduced | -206.1k |
| JANE STREET GROUP, LLC | Reduced | -117.3k |
| MARSHALL WACE, LLP | Sold out | -85.4k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -81.0k |
| HSBC HOLDINGS PLC | Sold out | -67.9k |
| Quadrature Capital Ltd | Sold out | -63.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $167.3k86.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $100.2k51.9k shares |
| GROUP ONE TRADING LLC | Reduced | $28.0k14.5k shares |
| CITADEL ADVISORS LLC | Reduced | $22.4k11.6k shares |
| STG SECURITIES, LLC | First filing | $19.3k10.0k shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $439.7k227.8k shares |
| IMC-Chicago, LLC | Added | $68.3k35.4k shares |
| CITADEL ADVISORS LLC | Reduced | $57.7k29.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.2k12.0k 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Capital Today Evergreen Fund, L.P. 17.70% of their portfolio | 11.9m $22.9m | Unchanged |
| Galileo (PTC) Ltd 2.04% of their portfolio | 11.7m $22.6m | Unchanged |
| HSG Holding Ltd 1.63% of their portfolio | 10.1m $19.5m | Unchanged |
| Boundless Plain Holdings Ltd 3.57% of their portfolio | 8.0m $15.4m | Unchanged |
| PLATINUM INVESTMENT MANAGEMENT LTD 3.08% of their portfolio | 6.5m $12.5m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 3.0m $5.8m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.0m $5.8m | Reduced -81.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 3.0m $5.7m | Reduced -37.5k |
| BARCLAYS PLC 0.00% of their portfolio | 2.9m $5.5m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 1.4m $2.7m | Reduced -17.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 1.3m $2.6m | Added +34.4k |
| SOFTBANK GROUP CORP. 0.01% of their portfolio | 1.1m $2.0m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 788.0k $1.5m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 758.3k $1.5m | Added +636.0k |
| First Beijing Investment Ltd 0.05% of their portfolio | 622.4k $1.2m | Reduced -223.5k |
| MORGAN STANLEY 0.00% of their portfolio | 591.4k $1.1m | Added +34.9k |
| UBS Group AG 0.00% of their portfolio | 285.8k $551.7k | Reduced -206.1k |
| STATE STREET CORP 0.00% of their portfolio | 265.4k $512.3k | Reduced -7.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 218.1k $420.9k | Reduced -367 |
| Anther Capital Ltd 0.01% of their portfolio | 165.4k $319.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 148.6k $286.8k | Reduced -8.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 141.5k $273.0k | Reduced -117.3k |
| GAM Holding AG 0.02% of their portfolio | 140.0k $270.2k | Added +40.0k |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 134.9k $260.3k | Reduced -213.7k |
| California Public Employees Retirement System 0.00% of their portfolio | 118.9k $229.5k | Reduced -5.5k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 108.8k $210.0k | Reduced -5.0k |
| Invesco Ltd. 0.00% of their portfolio | 88.4k $170.6k | Reduced -12.3k |
| Polymer Capital Management (HK) LTD 0.02% of their portfolio | 84.5k $163.1k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 61.4k $118.5k | Added +8.2k |
| Rangeley Capital, LLC 0.09% of their portfolio | 50.0k $96.5k | Unchanged |
| Tairen Capital Ltd 0.01% of their portfolio | 33.0k $63.7k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 27.8k $53.6k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 25.5k $49.3k | Reduced -1.8k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 24.0k $46.3k | Reduced -48.2k |
| Verdad Advisers, LP 0.04% of their portfolio | 21.2k $40.9k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 18.4k $35.6k | Reduced -17.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 13.0k $25.1k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 12.7k $24.5k | Reduced -55.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 12.5k $24.1k | Reduced -9.5k |
| Ground Swell Capital, LLC 0.02% of their portfolio | 11.5k $22.1k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 10.4k $20.0k | Reduced -36.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 9.5k $18.4k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 6.1k $11.9k | Unchanged |
| JNBA Financial Advisors 0.00% of their portfolio | 2.4k $4.6k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.6k $3.2k | Reduced -11.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.6k $3.0k | Added +376 |
| WealthCollab, LLC 0.00% of their portfolio | 1.4k $2.7k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 705 $1.4k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 129 $249 | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 127 $245 | Added +1 |
| MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio | 100 $193 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 76 $147 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 36 $69 | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 10 $19 | Added +8 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 1 $2 | Reduced -3 |