JD.COM INC JD
SPON ADS CL A · ADR · CUSIP 47215P106 · ISIN US47215P1066
Chinese e-commerce company
* 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 ($273.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.13. Options: 44 managers hold calls ($1.5bn notional), 40 hold puts ($1.0bn).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 547 |
| Q4 2022 | 561 |
| Q1 2023 | 514 |
| Q2 2023 | 483 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 217 | 300 |
| Q1 2023 | 238 | 293 |
| Q2 2023 | 229 | 242 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.8bn | $1.2bn | 0.64 |
| Q4 2022 | $2.7bn | $1.5bn | 0.56 |
| Q1 2023 | $2.1bn | $1.2bn | 0.59 |
| Q2 2023 | $1.5bn | $1.0bn | 0.71 |
Biggest buyers
| Newlands Management Operations LLC | Added | +6.6m |
| JANE STREET GROUP, LLC | Added | +3.9m |
| Dodge & Cox | Added | +2.0m |
| APPALOOSA LP | New | +1.9m |
| Temasek Holdings (Private) Ltd | Added | +1.9m |
| CoreView Capital Management Ltd | Added | +1.8m |
| Yiheng Capital Management, L.P. | Added | +1.7m |
| Man Group plc | New | +1.4m |
| MORGAN STANLEY | Added | +1.3m |
| TWO SIGMA INVESTMENTS, LP | New | +1.1m |
Biggest sellers
| FMR LLC | Reduced | -4.3m |
| TIGER GLOBAL MANAGEMENT LLC | Reduced | -3.0m |
| Segantii Capital Management Ltd | Reduced | -2.4m |
| Carmignac Gestion | Reduced | -2.4m |
| TT International Asset Management LTD | Reduced | -1.6m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.5m |
| Man Group plc | Sold out | -1.5m |
| Invesco Ltd. | Reduced | -1.4m |
| Parallax Volatility Advisers, L.P. | Reduced | -1.3m |
| CITADEL ADVISORS LLC | Reduced | -948.1k |
Biggest calls
| Yiheng Capital Management, L.P. | Reduced | $493.4m14.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $163.9m4.8m shares |
| JANE STREET GROUP, LLC | Reduced | $103.2m3.0m shares |
| CITADEL ADVISORS LLC | Added | $78.9m2.3m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Unchanged | $68.2m2.0m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $60.2m1.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $52.6m1.5m shares |
| Capital Markets Trading UK LLP | Added | $50.5m1.5m shares |
| IMC-Chicago, LLC | Added | $43.0m1.3m shares |
| UBS Group AG | Added | $42.1m1.2m shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $193.3m5.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $171.3m5.0m shares |
| D. E. Shaw & Co., Inc. | Added | $101.9m3.0m shares |
| CITADEL ADVISORS LLC | Reduced | $71.9m2.1m shares |
| SIMPLEX TRADING, LLC | Added | $68.1m2.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $48.1m1.4m shares |
| Eisler Capital (UK) Ltd. | Added | $46.0m1.3m shares |
| PEAK6 Investments LLC | Added | $45.7m1.3m shares |
| Walleye Trading LLC | Reduced | $37.8m1.1m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $33.5m982.8k 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.
| Holder | Stake |
|---|---|
| Liu Qiangdong 13G · exempt (held before listing) filed 2025-05-13 | 12.5% |
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
| Manager | Shares | Change |
|---|---|---|
| TIGER GLOBAL MANAGEMENT LLC 6.01% of their portfolio | 21.1m $719.3m | Reduced -3.0m |
| Invesco Ltd. 0.17% of their portfolio | 18.9m $643.6m | Reduced -1.4m |
| Dodge & Cox 0.37% of their portfolio | 16.2m $554.2m | Added +2.0m |
| Newlands Management Operations LLC 3.29% of their portfolio | 9.0m $308.4m | Added +6.6m |
| MORGAN STANLEY 0.03% of their portfolio | 8.0m $273.4m | Added +1.3m |
| JANE STREET GROUP, LLC 0.26% of their portfolio | 5.5m $189.0m | Added +3.9m |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 2.38% of their portfolio | 5.3m $180.9m | Unchanged |
| MACQUARIE GROUP LTD 0.19% of their portfolio | 4.9m $167.5m | Added +575.1k |
| Davis Selected Advisers 1.01% of their portfolio | 4.8m $165.0m | Reduced -56.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.7m $160.5m | Reduced -738.6k |
| Fisher Asset Management, LLC 0.08% of their portfolio | 4.4m $148.7m | Reduced -260.9k |
| Coronation Fund Managers Ltd. 3.81% of their portfolio | 4.1m $141.6m | Added +323.6k |
| ALKEON CAPITAL MANAGEMENT LLC 0.83% of their portfolio | 4.1m $139.5m | Added +230.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.7m $125.5m | Added +284.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.20% of their portfolio | 3.7m $125.4m | Added +36.0k |
| Yiheng Capital Management, L.P. 10.90% of their portfolio | 3.7m $125.4m | Added +1.7m |
| Aspex Management (HK) Ltd 3.62% of their portfolio | 3.6m $124.4m | Reduced -680.4k |
| Temasek Holdings (Private) Ltd 0.70% of their portfolio | 3.5m $120.6m | Added +1.9m |
| Mitsubishi UFJ Trust & Banking Corp 0.27% of their portfolio | 3.4m $116.6m | Reduced -90.0k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 3.1m $107.5m | Reduced -653.4k |
| CoreView Capital Management Ltd 13.94% of their portfolio | 3.1m $107.3m | Added +1.8m |
| FMR LLC 0.01% of their portfolio | 2.9m $97.3m | Reduced -4.3m |
| HHLR ADVISORS, LTD. 1.97% of their portfolio | 2.7m $92.3m | Added +306.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.4m $81.2m | Reduced -418.8k |
| STEADFAST CAPITAL MANAGEMENT LP 1.96% of their portfolio | 2.2m $73.8m | Added +192.0k |
| MARTIN CURRIE LTD 2.26% of their portfolio | 2.0m $67.1m | Added +42.2k |
| Balyasny Asset Management L.P. 0.19% of their portfolio | 2.0m $66.6m | Added +930.2k |
| APPALOOSA LP 1.19% of their portfolio | 1.9m $64.0m | New |
| CITIGROUP INC 0.08% of their portfolio | 1.7m $58.8m | Reduced -62.6k |
| BAMCO INC /NY/ 0.15% of their portfolio | 1.6m $55.2m | Added +199.9k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.5m $52.3m | Added +608.1k |
| Legal & General Group Plc 0.02% of their portfolio | 1.5m $49.9m | Added +122.8k |
| Man Group plc 0.15% of their portfolio | 1.4m $49.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.4m $47.5m | Added +114.6k |
| Cederberg Capital Ltd 20.22% of their portfolio | 1.4m $46.4m | Unchanged |
| 53 HOUSE LLP 14.24% of their portfolio | 1.4m $46.3m | Added +656.3k |
| Maple Rock Capital Partners Inc. 5.85% of their portfolio | 1.3m $45.9m | Added +657.5k |
| Broad Peak Investment Holdings Ltd. 6.16% of their portfolio | 1.3m $45.4m | Unchanged |
| Genesis Investment Management, LLP 5.13% of their portfolio | 1.3m $47.4m | Reduced -205.7k |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $44.1m | Added +205.2k |
| Amundi 0.02% of their portfolio | 1.2m $42.8m | Reduced -370.9k |
| Handelsbanken Fonder AB 0.22% of their portfolio | 1.2m $40.2m | Reduced -38.4k |
| Carmignac Gestion 0.69% of their portfolio | 1.2m $40.1m | Reduced -2.4m |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.2m $39.8m | Reduced -948.1k |
| UBS Group AG 0.02% of their portfolio | 1.1m $39.0m | Added +250.6k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 1.1m $37.5m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $35.2m | Reduced -101 |
| Robeco Institutional Asset Management B.V. 0.09% of their portfolio | 1.0m $35.1m | Reduced -123.3k |
| OAKTREE CAPITAL MANAGEMENT LP 0.47% of their portfolio | 1.0m $34.5m | New |
| Ghisallo Capital Management LLC 4.07% of their portfolio | 1.0m $34.1m | Unchanged |
| Ariose Capital Management Ltd 27.13% of their portfolio | 997.0k $34.0m | Added +313.6k |
| FIL Ltd 0.04% of their portfolio | 958.8k $32.7m | Reduced -607.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 945.3k $32.3m | Reduced -430.6k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 833.2k $28.4m | Added +528.7k |
| Eisler Capital (UK) Ltd. 2.87% of their portfolio | 798.3k $27.2m | Added +332.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 781.8k $26.7m | Reduced -1.5m |
| Quadrature Capital Ltd 0.57% of their portfolio | 766.5k $26.2m | Added +704.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 748.3k $25.5m | Added +506.9k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 658.9k $22.5m | Reduced -268.2k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 649.8k $22.2m | Added +151.2k |
| SIMPLEX TRADING, LLC 0.94% of their portfolio | 646.3k $22.1m | Added +51.7k |
| CI INVESTMENTS INC. 0.11% of their portfolio | 643.1k $21.9m | Reduced -27.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 641.0k $21.9m | Added +87.1k |
| Squarepoint Ops LLC 0.12% of their portfolio | 630.9k $21.5m | Added +1.9k |
| TODD ASSET MANAGEMENT LLC 0.47% of their portfolio | 591.7k $20.2m | Added +7.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 578.6k $19.7m | Reduced -734 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 570.6k $25.0m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio | 551.5k $18.8m | Reduced -19.5k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 528.6k $18.0m | Added +158.9k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 519.3k $17.8m | Added +154.2k |
| Stonehage Fleming Financial Services Holdings Ltd 0.65% of their portfolio | 518.6k $17.8m | Unchanged |
| NFJ INVESTMENT GROUP, LLC 0.47% of their portfolio | 514.3k $17.6m | New |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.57% of their portfolio | 485.2k $16.6m | Reduced -27.0k |
| BLOOM TREE PARTNERS, LLC 7.68% of their portfolio | 483.2k $16.5m | Added +240.8k |
| MEITAV INVESTMENT HOUSE LTD 0.13% of their portfolio | 471.7k $16.0m | Added +233.7k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 460.3k $15.8m | Added +449.1k |
| AXA S.A. 0.05% of their portfolio | 456.6k $15.6m | Added +24.2k |
| ProShare Advisors LLC 0.04% of their portfolio | 453.5k $15.5m | Reduced -13.3k |
| AVIVA PLC 0.06% of their portfolio | 449.2k $15.3m | Reduced -13.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.24% of their portfolio | 444.2k $15.2m | Reduced -187.7k |
| M&G INVESTMENT MANAGEMENT LTD 0.09% of their portfolio | 430.1k $14.6m | Added +357.0k |
| Cubist Systematic Strategies, LLC 0.16% of their portfolio | 428.0k $14.6m | Added +417.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 424.3k $14.5m | Reduced -33.9k |
| PRELUDE CAPITAL MANAGEMENT, LLC 1.18% of their portfolio | 415.1k $14.2m | Added +50.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 402.2k $13.8m | Added +18.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 389.8k $13.3m | Reduced -658.6k |
| FERNBRIDGE CAPITAL MANAGEMENT LP 1.32% of their portfolio | 389.2k $13.3m | New |
| Leonteq Securities AG 1.35% of their portfolio | 387.5k $13.2m | Added +230.4k |
| Maxi Investments CY Ltd 9.26% of their portfolio | 379.0k $12.9m | Added +200.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 367.1k $12.5m | Reduced -11.9k |
| GTS SECURITIES LLC 0.39% of their portfolio | 366.1k $12.5m | First filing |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 357.2k $12.2m | New |
| Tiger Pacific Capital LP 3.29% of their portfolio | 353.2k $12.1m | New |
| BARCLAYS PLC 0.01% of their portfolio | 347.7k $11.9m | Reduced -65.7k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 344.2k $11.7m | Reduced -2.1k |
| CLEAR STREET LLC 0.28% of their portfolio | 339.2k $11.6m | New |
| HighTower Advisors, LLC 0.02% of their portfolio | 326.3k $11.1m | Added +60.8k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.10% of their portfolio | 314.0k $10.7m | Unchanged |
| PEAK6 Investments LLC 0.90% of their portfolio | 310.4k $10.6m | Reduced -111.2k |
| Lombard Odier Asset Management (USA) Corp 1.14% of their portfolio | 297.0k $10.1m | New |