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 ($31.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.78. Options: 47 managers hold calls ($842.0m notional), 40 hold puts ($763.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 547 |
| Q4 2022 | 561 |
| Q1 2023 | 514 |
| Q2 2023 | 483 |
| Q3 2023 | 437 |
| Q4 2023 | 455 |
| Q1 2024 | 435 |
| Q2 2024 | 455 |
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 |
| Q3 2023 | 208 | 213 |
| Q4 2023 | 218 | 226 |
| Q1 2024 | 211 | 234 |
| Q2 2024 | 234 | 195 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.3bn | $1.1bn | 0.85 |
| Q4 2023 | $1.7bn | $1.1bn | 0.63 |
| Q1 2024 | $1.3bn | $1.0bn | 0.80 |
| Q2 2024 | $842.0m | $763.6m | 0.91 |
Biggest buyers
| FMR LLC | Added | +8.7m |
| GOLDMAN SACHS GROUP INC | Added | +2.1m |
| LAZARD ASSET MANAGEMENT LLC | Added | +2.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | New | +2.0m |
| Yiheng Capital Management, L.P. | Added | +1.7m |
| Aspex Management (HK) Ltd | New | +1.5m |
| MIZUHO SECURITIES USA LLC | New | +1.3m |
| SOROS FUND MANAGEMENT LLC | New | +1.3m |
| HCEP Management Ltd | New | +1.2m |
| Man Group plc | Added | +1.1m |
Biggest sellers
| MORGAN STANLEY | Reduced | -19.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -9.2m |
| JPMORGAN CHASE & CO | Reduced | -7.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -6.0m |
| TWO SIGMA ADVISERS, LP | Reduced | -4.5m |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST | Reduced | -4.3m |
| Nuveen Asset Management, LLC | Reduced | -3.6m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -3.4m |
| JANE STREET GROUP, LLC | Reduced | -3.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -3.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $183.6m7.1m shares |
| CITADEL ADVISORS LLC | Added | $99.5m3.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $86.4m3.3m shares |
| JANE STREET GROUP, LLC | Added | $64.4m2.5m shares |
| IMC-Chicago, LLC | Added | $52.2m2.0m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $47.5m1.8m shares |
| D. E. Shaw & Co., Inc. | Reduced | $39.2m1.5m shares |
| Yiheng Capital Management, L.P. | Reduced | $35.4m1.4m shares |
| WOLVERINE TRADING, LLC | Added | $23.1m894.8k shares |
| Capital Markets Trading UK LLP | Reduced | $23.1m892.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $159.8m6.2m shares |
| D. E. Shaw & Co., Inc. | Reduced | $110.9m4.3m shares |
| GOLDMAN SACHS GROUP INC | Added | $89.7m3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $75.6m2.9m shares |
| JANE STREET GROUP, LLC | Reduced | $49.7m1.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $44.3m1.7m shares |
| IMC-Chicago, LLC | Added | $32.1m1.2m shares |
| Walleye Trading LLC | Reduced | $24.2m938.4k shares |
| GROUP ONE TRADING LLC | Added | $21.4m827.1k shares |
| GTS SECURITIES LLC | Reduced | $15.5m598.0k 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.
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 2024
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 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.35% of their portfolio | 22.5m $580.9m | Reduced -1.5m |
| Invesco Ltd. 0.08% of their portfolio | 15.3m $394.6m | Reduced -522.2k |
| FIL Ltd 0.30% of their portfolio | 11.6m $300.3m | Reduced -850.9k |
| FMR LLC 0.02% of their portfolio | 10.8m $279.9m | Added +8.7m |
| Newlands Management Operations LLC 1.92% of their portfolio | 9.0m $233.5m | Unchanged |
| MORGAN STANLEY 0.02% of their portfolio | 8.6m $222.3m | Reduced -19.1m |
| LAZARD ASSET MANAGEMENT LLC 0.26% of their portfolio | 7.9m $203.8m | Added +2.1m |
| ALKEON CAPITAL MANAGEMENT LLC 0.88% of their portfolio | 6.6m $171.5m | Added +250.0k |
| Discerene Group LP 22.02% of their portfolio | 5.6m $143.5m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 4.9m $127.2m | Added +2.1m |
| Yiheng Capital Management, L.P. 17.87% of their portfolio | 4.9m $126.7m | Added +1.7m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 4.3m $111.9m | Reduced -2.3m |
| APPALOOSA LP 1.80% of their portfolio | 4.3m $111.4m | Added +660.7k |
| Davis Selected Advisers 0.65% of their portfolio | 4.3m $111.2m | Reduced -79.9k |
| FEDERATED HERMES, INC. 0.26% of their portfolio | 4.3m $110.6m | Added +603.2k |
| Temasek Holdings (Private) Ltd 0.47% of their portfolio | 3.9m $100.9m | Unchanged |
| Fisher Asset Management, LLC 0.04% of their portfolio | 3.7m $96.5m | Added +191.6k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.31% of their portfolio | 3.5m $89.6m | Reduced -79.8k |
| Maple Rock Capital Partners Inc. 5.97% of their portfolio | 3.4m $87.3m | Added +50.5k |
| Contrarius Investment Management Ltd 4.77% of their portfolio | 3.0m $76.3m | Reduced -143.1k |
| OAKTREE CAPITAL MANAGEMENT LP 1.26% of their portfolio | 2.8m $72.9m | Added +602.5k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 2.8m $71.1m | Reduced -209.4k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 2.6m $66.5m | Added +531.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1m $55.1m | Reduced -7.3m |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.1m $53.9m | Reduced -787.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 2.0m $52.9m | New |
| BlackRock Inc. 0.00% of their portfolio | 2.0m $50.6m | Reduced -99.7k |
| MARTIN CURRIE LTD 1.72% of their portfolio | 1.9m $48.0m | Reduced -125.1k |
| UBS Group AG 0.01% of their portfolio | 1.7m $42.9m | Added +665.0k |
| Polunin Capital Partners Ltd 7.10% of their portfolio | 1.6m $41.6m | Added +97.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio | 1.5m $39.3m | Reduced -789.3k |
| Man Group plc 0.10% of their portfolio | 1.5m $39.1m | Added +1.1m |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 1.5m $38.6m | Reduced -25.9k |
| Aspex Management (HK) Ltd 0.81% of their portfolio | 1.5m $38.1m | New |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 1.5m $37.9m | Reduced -4.5m |
| MARSHALL WACE, LLP 0.05% of their portfolio | 1.4m $36.6m | Reduced -447.9k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 1.4m $35.7m | Reduced -3.2m |
| Slate Path Capital LP 0.71% of their portfolio | 1.4m $34.9m | Added +846.0k |
| MIZUHO SECURITIES USA LLC 0.36% of their portfolio | 1.3m $16.5m | New |
| SOROS FUND MANAGEMENT LLC 0.74% of their portfolio | 1.3m $32.9m | New |
| HCEP Management Ltd 8.05% of their portfolio | 1.2m $30.0m | New |
| 53 HOUSE LLP 6.85% of their portfolio | 1.1m $28.8m | Reduced -426.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 1.1m $28.7m | Reduced -9.2m |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 1.1m $28.0m | Reduced -3.4m |
| North of South Capital LLP 7.21% of their portfolio | 1.1m $27.9m | First filing |
| Legal & General Group Plc 0.01% of their portfolio | 1.0m $26.0m | Reduced -157.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.69% of their portfolio | 982.6k $25.4m | Added +971.6k |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 0.32% of their portfolio | 975.0k $25.2m | Reduced -4.3m |
| HighTower Advisors, LLC 0.04% of their portfolio | 963.5k $24.9m | Added +53.4k |
| Varma Mutual Pension Insurance Co 0.20% of their portfolio | 946.3k $24.5m | Added +700.5k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 892.5k $23.1m | Added +819.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 886.2k $22.9m | Added +282.7k |
| M&G PLC 0.13% of their portfolio | 847.1k $22.0m | Reduced -1.8k |
| CoreView Capital Management Ltd 3.37% of their portfolio | 831.6k $21.5m | Reduced -286.9k |
| TIGER GLOBAL MANAGEMENT LLC 0.10% of their portfolio | 822.7k $21.3m | Reduced -2.3m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 821.2k $21.2m | Reduced -1.8m |
| Ardmore Road Asset Management LP 3.22% of their portfolio | 810.0k $20.9m | Added +800.0k |
| Carmignac Gestion 0.35% of their portfolio | 786.3k $20.3m | Reduced -571.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 749.8k $19.4m | Reduced -145.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.12% of their portfolio | 743.0k $19.2m | Added +163.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 720.0k $18.6m | Reduced -3.6m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 696.6k $18.0m | Added +16.2k |
| Nishkama Capital, LLC 2.65% of their portfolio | 686.9k $17.7m | New |
| GROUP ONE TRADING LLC 0.56% of their portfolio | 686.4k $17.7m | Added +209.0k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 674.5k $17.4m | Reduced -183.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 659.7k $17.0m | Added +546.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 650.6k $16.8m | New |
| AXA S.A. 0.02% of their portfolio | 650.1k $16.8m | Added +489.5k |
| TODD ASSET MANAGEMENT LLC 0.35% of their portfolio | 649.6k $16.8m | Added +16.3k |
| Genesis Investment Management, LLP 3.15% of their portfolio | 621.0k $16.0m | Reduced -30.2k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 619.8k $16.0m | New |
| SIMPLEX TRADING, LLC 0.48% of their portfolio | 583.9k $15.1m | Reduced -1.1m |
| Perpetual Ltd 0.16% of their portfolio | 574.5k $14.8m | Added +11.5k |
| Handelsbanken Fonder AB 0.06% of their portfolio | 541.1k $14.0m | Reduced -171.6k |
| NFJ INVESTMENT GROUP, LLC 0.41% of their portfolio | 521.4k $13.5m | Reduced -41.3k |
| CITIGROUP INC 0.01% of their portfolio | 514.2k $13.3m | Added +35.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 502.3k $13.0m | Reduced -22.4k |
| Arvin Capital Management LP 5.58% of their portfolio | 501.7k $13.0m | Added +67.8k |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.52% of their portfolio | 500.3k $12.9m | Reduced -42.2k |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 475.4k $12.3m | Reduced -92.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 450.3k $11.6m | Reduced -6.0m |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 428.7k $11.2m | Added +11.5k |
| Long Focus Capital Management, LLC 1.13% of their portfolio | 424.0k $11.0m | Reduced -203.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 400.3k $10.3m | Added +2.6k |
| Cubist Systematic Strategies, LLC 0.17% of their portfolio | 391.2k $10.1m | Added +48.8k |
| Hidden Lake Asset Management LP 8.34% of their portfolio | 378.3k $9.8m | Added +68.4k |
| STATE STREET CORP 0.00% of their portfolio | 374.7k $9.7m | Added +20.6k |
| Walleye Capital LLC 0.10% of their portfolio | 371.3k $9.6m | Reduced -4.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.09% of their portfolio | 369.1k $9.5m | Unchanged |
| CenterBook Partners LP 0.58% of their portfolio | 360.0k $9.3m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 348.0k $9.0m | Reduced -234.2k |
| TWINBEECH CAPITAL LP 0.17% of their portfolio | 343.0k $8.9m | New |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 341.7k $8.8m | Reduced -24.1k |
| Quadrature Capital Ltd 0.15% of their portfolio | 337.7k $8.7m | Reduced -109.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 336.9k $8.7m | Added +289.6k |
| AVIVA PLC 0.02% of their portfolio | 330.7k $8.5m | Reduced -42.5k |
| Oaktree Fund Advisors, LLC 7.96% of their portfolio | 328.2k $8.5m | Added +86.6k |
| GTS SECURITIES LLC 0.17% of their portfolio | 322.7k $8.3m | Added +5.9k |
| IMC-Chicago, LLC 0.26% of their portfolio | 319.6k $8.3m | New |
| Parallax Volatility Advisers, L.P. 0.20% of their portfolio | 304.3k $7.9m | Reduced -25.1k |