Vault-13

GDS HLDGS LTD GDS

SPONSORED ADS · ADR · CUSIP 36165L108 · ISIN US36165L1089

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China.

120 institutional holders -16 vs Q1 2023
64,355,01064.4m shares reported held*
$707.4mreported value*
12 new 29 added 56 reduced 27 sold out net sold ≈ $75.7m (-6.9m 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 ($731.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.99. Options: 13 managers hold calls ($12.4m notional), 11 hold puts ($7.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 135Q4 22: 146Q1 23: 136Q2 23: 120120Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022135
Q4 2022146
Q1 2023136
Q2 2023120

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 81 bought or addedQ4 22: 70 cut or sold outQ4 22Q1 23: 64 bought or addedQ1 23: 71 cut or sold outQ1 23Q2 23: 41 bought or addedQ2 23: 83 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228170
Q1 20236471
Q2 20234183

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $16.9mQ3 22 puts: $28.0mQ3 22P/C 1.66Q4 22 calls: $49.8mQ4 22 puts: $34.4mQ4 22P/C 0.69Q1 23 calls: $12.7mQ1 23 puts: $23.1mQ1 23P/C 1.82Q2 23 calls: $12.4mQ2 23 puts: $7.5mQ2 23P/C 0.60
Numbers
QuarterCallsPutsP/C
Q3 2022$16.9m$28.0m1.66
Q4 2022$49.8m$34.4m0.69
Q1 2023$12.7m$23.1m1.82
Q2 2023$12.4m$7.5m0.60

Biggest buyers

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ New +923,237+923.2k
JPMORGAN CHASE & CO Added +637,829+637.8k
BNP PARIBAS FINANCIAL MARKETS Added +421,706+421.7k
Alyeska Investment Group, L.P. New +417,997+418.0k
CREDIT SUISSE AG/ Added +340,148+340.1k
Point72 Asset Management, L.P. Added +327,700+327.7k
COATUE MANAGEMENT LLC New +140,044+140.0k
WELLS FARGO & COMPANY/MN Added +139,302+139.3k
GOLDMAN SACHS GROUP INC Added +118,677+118.7k
Schonfeld Strategic Advisors LLC New +87,300+87.3k

Biggest sellers

Cederberg Capital Ltd Sold out -2,123,005-2.1m
FEDERATED HERMES, INC. Sold out -1,745,300-1.7m
Electron Capital Partners, LLC Sold out -1,472,190-1.5m
12 West Capital Management LP Reduced -1,136,050-1.1m
BANK OF AMERICA CORP /DE/ Reduced -613,425-613.4k
CITADEL ADVISORS LLC Reduced -536,595-536.6k
FRANKLIN RESOURCES INC Sold out -368,379-368.4k
MARSHALL WACE, LLP Reduced -308,611-308.6k
CITIGROUP INC Reduced -306,433-306.4k
Collaborative Holdings Management LP Sold out -305,000-305.0k

Biggest calls

D. E. Shaw & Co., Inc. Added $3.5m322.1k shares
UBS Group AG Unchanged $1.8m162.0k shares
Walleye Trading LLC Added $1.6m141.1k shares
SIMPLEX TRADING, LLC Added $1.2m112.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m104.2k shares
GROUP ONE TRADING LLC Added $999.0k90.9k shares
CITADEL ADVISORS LLC Reduced $936.3k85.2k shares
Walleye Capital LLC Added $568.2k51.7k shares
JANE STREET GROUP, LLC Added $408.8k37.2k shares
TWO SIGMA SECURITIES, LLC Reduced $113.2k10.3k shares

Biggest puts

D. E. Shaw & Co., Inc. Reduced $1.9m175.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m139.0k shares
Chanos & Co LP Reduced $1.4m130.6k shares
SIMPLEX TRADING, LLC Reduced $736.0k67.0k shares
CITADEL ADVISORS LLC Reduced $548.4k49.9k shares
Walleye Trading LLC Added $405.5k36.9k shares
Walleye Capital LLC Added $375.9k34.2k shares
GROUP ONE TRADING LLC Added $313.2k28.5k shares
Parallax Volatility Advisers, L.P. New $219.8k20.0k 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.

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
SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD 13D · may seek influence -5.5 pts · filed 2025-09-10 28.7% -5.5 pts 445.3m 2025-09-10
GIC Private Ltd 13G · passive investor -3.7 pts · filed 2026-08-13 7.5% -3.7 pts 126.5m 2026-08-13

Insider purchases and sales in Q2 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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Singapore Technologies Telemedia Pte Ltd 100.00% of their portfolio Singapore, U0 15,835,68015.8m $174.0m $174.0m 100.00% Unchanged
2 Aspex Management (HK) Ltd 2.80% of their portfolio CENTRAL, K3 8,773,0318.8m $96.4m $96.4m 2.80% Unchanged
3 CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio TORONTO ONTARIO, A6 8,328,0058.3m $91.5m $91.5m 0.14% Unchanged
4 12 West Capital Management LP 4.80% of their portfolio NEW YORK, NY 5,085,8045.1m $55.9m $55.9m 4.80% Reduced -1.1m -1,136,050
5 Carlyle Group Inc. 1.59% of their portfolio WASHINGTON, DC 4,072,6244.1m $44.8m $44.8m 1.59% Unchanged
6 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,459,9323.5m $38.0m $38.0m 0.01% Added +118.7k +118,677
7 Tekne Capital Management, LLC 7.58% of their portfolio NEW YORK, NY 2,220,7262.2m $24.4m $24.4m 7.58% Added +75.0k +75,000
8 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 1,858,6771.9m $20.4m $20.4m 0.08% Reduced -32.6k -32,636
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,357,1121.4m $14.9m $14.9m 0.00% Reduced -613.4k -613,425
10 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 1,321,9731.3m $14.5m $14.5m 0.02% Reduced -306.4k -306,433
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 923,237923.2k $10.1m $10.1m 0.00% New
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 796,196796.2k $8.8m $8.8m 0.00% Added +637.8k +637,829
13 Library Research Ltd 13.43% of their portfolio HONG KONG, K3 740,969741.0k $8.1m $8.1m 13.43% Reduced -45.2k -45,230
14 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 711,752711.8k $7.8m $7.8m 0.00% Unchanged
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 678,081678.1k $7.5m $7.5m 0.00% Reduced -35.4k -35,393
16 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 499,406499.4k $5.5m $5.5m 0.01% Added +340.1k +340,148
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 498,756498.8k $5.5m $5.5m 0.01% Added +421.7k +421,706
18 Ranger Global Real Estate Advisors, LLC 0.88% of their portfolio DENVER, CO 487,957488.0k $5.4m $5.4m 0.88% Unchanged
19 Alyeska Investment Group, L.P. 0.03% of their portfolio CHICAGO, IL 417,997418.0k $4.6m $4.6m 0.03% New
20 BlackRock Inc. 0.00% of their portfolio New York, NY 413,157413.2k $4.5m $4.5m 0.00% Reduced -102.2k -102,164
21 Centerbridge Partners, L.P. 0.58% of their portfolio NEW YORK, NY 340,009340.0k $3.7m $3.7m 0.58% Unchanged
22 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 336,877336.9k $3.7m $3.7m 0.00% Added +1.9k +1,950
23 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 334,800334.8k $3.7m $3.7m 0.01% Added +327.7k +327,700
24 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 325,000325.0k $3.6m $3.6m 0.01% Reduced -119.4k -119,376
25 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 316,083316.1k $3.5m $3.5m 0.01% Added +33.6k +33,627
26 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 273,300273.3k $3.0m $3.0m 0.01% Reduced -10.0k -10,000
27 Penserra Capital Management LLC 0.06% of their portfolio ORINDA, CA 270,314270.3k $3.0m $3.0m 0.06% Added +80.6k +80,605
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 209,920209.9k $2.3m $2.3m 0.00% Reduced -536.6k -536,595
29 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.19% of their portfolio DALLAS, TX 181,157181.2k $2.0m $2.0m 0.19% Added +80.1k +80,128
30 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 174,808174.8k $1.9m $1.9m 0.00% Reduced -8.1k -8,107
31 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 173,966174.0k $1.9m $1.9m 0.00% Reduced -18.0k -17,951
32 Selkirk Management LLC 1.46% of their portfolio Chatham, NJ 157,100157.1k $1.7m $1.7m 1.46% Added +46.0k +46,000
33 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 144,268144.3k $1.6m $1.6m 0.00% Reduced -308.6k -308,611
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 141,469141.5k $1.6m $1.6m 0.00% Added +139.3k +139,302
35 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 141,315141.3k $1.6m $1.6m 0.00% Reduced -27.2k -27,202
36 COATUE MANAGEMENT LLC 0.01% of their portfolio New York, NY 140,044140.0k $1.5m $1.5m 0.01% New
37 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 138,646138.6k $1.5m $1.5m 0.00% Reduced -8.8k -8,777
38 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 134,666134.7k $1.5m $1.5m 0.00% Reduced -43.6k -43,600
39 Capricorn Fund Managers Ltd 0.46% of their portfolio LONDON, X0 116,165116.2k $1.3m $1.3m 0.46% Reduced -19.4k -19,425
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 108,323108.3k $1.2m $1.2m 0.00% Reduced -226.8k -226,849
41 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 99,76999.8k $1.1m $1.1m 0.00% Added +43.1k +43,149
42 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 97,80497.8k $1.1m $1.1m 0.00% Added +67.4k +67,404
43 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 94,72794.7k $1.0m $1.0m 0.00% Reduced -2.0k -1,961
44 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 94,55494.6k $1.0m $1.0m 0.02% Reduced -7.0k -6,959
45 Legal & General Group Plc 0.00% of their portfolio London, X0 93,90993.9k $1.0m $1.0m 0.00% Reduced -53.8k -53,807
46 BERYLSON CAPITAL PARTNERS, LLC 2.91% of their portfolio Boston, MA 93,50093.5k $1.0m $1.0m 2.91% Unchanged
47 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 87,30087.3k $959.4k $959.4k 0.01% New
48 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 77,91477.9k $856.3k $856.3k 0.00% Reduced -21.7k -21,711
49 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 70,38370.4k $773.5k $773.5k 0.00% Reduced -28.8k -28,757
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 68,85268.9k $756.7k $756.7k 0.00% Added +55.6k +55,603
51 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 65,41565.4k $718.9k $718.9k 0.01% New
52 Dalton Investments, Inc. 0.57% of their portfolio El Segundo, CA 61,50061.5k $675.9k $675.9k 0.57% Unchanged
53 KBC Group NV 0.00% of their portfolio Brussels, C9 52,27552.3k $575.0k $575.0k 0.00% Reduced -23.3k -23,288
54 Robeco Institutional Asset Management B.V. 0.00% of their portfolio ROTTERDAM, P7 48,55348.6k $533.6k $533.6k 0.00% Unchanged
55 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 47,57247.6k $522.8k $522.8k 0.00% Reduced -59 -59
56 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 39,03739.0k $429.0k $429.0k 0.00% Reduced -1.9k -1,886
57 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 35,98936.0k $395.5k $395.5k 0.01% Added +17.1k +17,139
58 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 35,25135.3k $387.4k $387.4k 0.00% Added +22.8k +22,784
59 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,73632.7k $360.0k $360.0k 0.00% Reduced -15.7k -15,673
60 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 26,58626.6k $294.0k $294.0k 0.00% Reduced -5.4k -5,400
61 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 25,94425.9k $285.1k $285.1k 0.02% Reduced -3.7k -3,713
62 Vident Investment Advisory, LLC 0.01% of their portfolio Alpharetta, GA 24,45424.5k $268.8k $268.8k 0.01% Added +9.5k +9,484
63 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 23,10023.1k $253.9k $253.9k 0.00% Reduced -30.3k -30,300
64 Resonate Capital, LLC 1.60% of their portfolio San Francisco, CA 22,38822.4k $246.0k $246.0k 1.60% Reduced -70.6k -70,592
65 HAP Trading, LLC 0.07% of their portfolio NEW YORK, NY 21,97722.0k $241.5k $241.5k 0.07% Reduced -30.2k -30,196
66 Bridgewater Associates, LP 0.00% of their portfolio Westport, CT 21,31921.3k $234.3k $234.3k 0.00% Reduced -303.7k -303,660
67 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 21,20321.2k $233.0k $233.0k 0.01% Added +14.4k +14,402
68 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 18,15618.2k $199.5k $199.5k 0.00% Reduced -2.9k -2,877
69 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 17,53117.5k $192.6k $192.6k 0.00% Reduced -57.8k -57,782
70 GREENLEAF TRUST 0.00% of their portfolio KALAMAZOO, MI 17,24717.2k $189.5k $189.5k 0.00% Reduced -233 -233
71 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 17,01617.0k $187.0k $187.0k 0.00% Added +4.5k +4,537
72 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 17,00017.0k $187.0k $187.0k 0.00% Added +1.0k +1,000
73 Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio Seattle, WA 15,78615.8k $173.5k $173.5k 0.01% Reduced -9.6k -9,645
74 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 14,86014.9k $163.3k $163.3k 0.00% Added +1.9k +1,858
75 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 14,50014.5k $159.0k $159.0k 0.00% Unchanged
76 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 13,79913.8k $257.5k $257.5k 0.00% Unchanged
77 TWINBEECH CAPITAL LP 0.00% of their portfolio PURCHASE, NY 13,52713.5k $148.7k $148.7k 0.00% New
78 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 13,44113.4k $147.7k $147.7k 0.00% Reduced -14.3k -14,295
79 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.10% of their portfolio WALTHAM, MA 12,69312.7k $139.5k $139.5k 0.10% Added +6.6k +6,562
80 CastleKnight Management LP 0.03% of their portfolio New York, NY 12,60012.6k $138.5k $138.5k 0.03% Unchanged
81 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 10,82810.8k $119.0k $119.0k 0.02% New
82 Long Corridor Asset Management Ltd 0.12% of their portfolio HONG KONG, K3 10,47510.5k $115.1k $115.1k 0.12% Reduced -50.2k -50,225
83 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 7,2637.3k $79.8k $79.8k 0.00% Reduced -4.5k -4,541
84 STOREBRAND ASSET MANAGEMENT AS 0.00% of their portfolio LYSAKER, Q8 7,2267.2k $79.4k $79.4k 0.00% Reduced -1.6k -1,643
85 Headlands Technologies LLC 0.02% of their portfolio CHICAGO, IL 6,8256.8k $75.0k $75.0k 0.02% New
86 QUADRANT CAPITAL GROUP LLC 0.01% of their portfolio CINCINNATI, OH 6,7816.8k $74.5k $74.5k 0.01% Reduced -3.9k -3,916
87 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,7426.7k $74.1k $74.1k 0.00% Reduced -4.1k -4,106
88 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 5,9706.0k $65.6k $65.6k 0.00% Unchanged
89 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,7204.7k $51.9k $51.9k 0.00% Added +897 +897
90 Cutler Group LLC / CA 0.01% of their portfolio SAN FRANCISCO, CA 4,4374.4k $48.0k $48.0k 0.01% Added +2.5k +2,537
91 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 3,3333.3k $36.6k $36.6k 0.00% New
92 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 3,3013.3k $36.3k $36.3k 0.00% New
93 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 3,2083.2k $35.3k $35.3k 0.00% Reduced -3.8k -3,792
94 BerganKDV Wealth Management, LLC 0.00% of their portfolio BLOOMINGTON, MN 3,0003.0k $33.0k $33.0k 0.00% Unchanged
95 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,8982.9k $31.8k $31.8k 0.00% Added +1.7k +1,653
96 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,5881.6k $17.5k $17.5k 0.00% Reduced -531 -531
97 SIT INVESTMENT ASSOCIATES INC 0.00% of their portfolio Minneapolis, MN 1,5751.6k $17.0k $17.0k 0.00% Unchanged
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,3061.3k $14.3k $14.3k 0.00% Reduced -1.3k -1,266
99 NATIXIS 0.00% of their portfolio PARIS, I0 1,2381.2k $13.8k $13.8k 0.00% Reduced -10.5k -10,532
100 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 1,1931.2k $13.1k $13.1k 0.00% Reduced -776 -776