Vault-13

JD.COM INC JD

SPON ADS CL A · ADR · CUSIP 47215P106 · ISIN US47215P1066

Chinese e-commerce company

472 institutional holders -73 vs Q1 2025
207,538,887207.5m shares reported held*
$6.8bnreported value*
59 new 165 added 149 reduced 135 sold out net sold ≈ $2.5bn (-76.5m 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 ($40.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.59. Options: 45 managers hold calls ($1.5bn notional), 38 hold puts ($1.1bn).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 547Q4 22: 561Q1 23: 514Q2 23: 483Q3 23: 437Q4 23: 455Q1 24: 435Q2 24: 455Q3 24: 546Q4 24: 550Q1 25: 545Q2 25: 472472Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022547
Q4 2022561
Q1 2023514
Q2 2023483
Q3 2023437
Q4 2023455
Q1 2024435
Q2 2024455
Q3 2024546
Q4 2024550
Q1 2025545
Q2 2025472

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 208 bought or addedQ3 23: 213 cut or sold outQ4 23: 218 bought or addedQ4 23: 226 cut or sold outQ4 23Q1 24: 211 bought or addedQ1 24: 234 cut or sold outQ2 24: 234 bought or addedQ2 24: 195 cut or sold outQ2 24Q3 24: 313 bought or addedQ3 24: 195 cut or sold outQ4 24: 251 bought or addedQ4 24: 295 cut or sold outQ4 24Q1 25: 274 bought or addedQ1 25: 262 cut or sold outQ2 25: 224 bought or addedQ2 25: 284 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023208213
Q4 2023218226
Q1 2024211234
Q2 2024234195
Q3 2024313195
Q4 2024251295
Q1 2025274262
Q2 2025224284

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 24 calls: $3.2bnQ3 24 puts: $1.5bnQ3 24P/C 0.48Q4 24 calls: $3.5bnQ4 24 puts: $1.6bnQ4 24P/C 0.45Q1 25 calls: $2.0bnQ1 25 puts: $1.4bnQ1 25P/C 0.69Q2 25 calls: $1.5bnQ2 25 puts: $1.1bnQ2 25P/C 0.73
Numbers
QuarterCallsPutsP/C
Q3 2024$3.2bn$1.5bn0.48
Q4 2024$3.5bn$1.6bn0.45
Q1 2025$2.0bn$1.4bn0.69
Q2 2025$1.5bn$1.1bn0.73

Biggest buyers

FIL Ltd Added +4,314,000+4.3m
SIH Partners, LLLP Added +1,842,936+1.8m
MARSHALL WACE, LLP Added +1,753,236+1.8m
BANK OF AMERICA CORP /DE/ Added +1,745,441+1.7m
BlackRock, Inc. Added +1,529,931+1.5m
Crake Asset Management LLP New +1,286,000+1.3m
Squarepoint Ops LLC Added +978,172+978.2k
Maple Rock Capital Partners Inc. Added +930,814+930.8k
Parallax Volatility Advisers, L.P. Added +901,745+901.7k
BNP PARIBAS FINANCIAL MARKETS Added +843,718+843.7k

Biggest sellers

FMR LLC Reduced -31,073,545-31.1m
VOYA INVESTMENT MANAGEMENT LLC Sold out -10,363,550-10.4m
LAZARD ASSET MANAGEMENT LLC Reduced -5,131,939-5.1m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -4,284,771-4.3m
Temasek Holdings (Private) Ltd Reduced -4,036,234-4.0m
MORGAN STANLEY Reduced -3,290,680-3.3m
ANTIPODES PARTNERS Ltd Sold out -2,942,624-2.9m
Bridgewater Associates, LP Sold out -2,786,833-2.8m
HHLR ADVISORS, LTD. Reduced -2,536,200-2.5m
D. E. Shaw & Co., Inc. Reduced -2,374,362-2.4m

Biggest calls

Yiheng Capital Management, L.P. Added $528.1m16.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $235.0m7.2m shares
CITADEL ADVISORS LLC Added $104.3m3.2m shares
JANE STREET GROUP, LLC Added $83.6m2.6m shares
SIMPLEX TRADING, LLC Reduced $77.3m2.4m shares
GOLDMAN SACHS GROUP INC Reduced $55.1m1.7m shares
GROUP ONE TRADING LLC Reduced $54.6m1.7m shares
IMC-Chicago, LLC Reduced $47.7m1.5m shares
UBS Group AG Reduced $44.3m1.4m shares
MILLENNIUM MANAGEMENT LLC Reduced $40.9m1.3m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $242.9m7.4m shares
JANE STREET GROUP, LLC Reduced $120.0m3.7m shares
CITADEL ADVISORS LLC Reduced $88.0m2.7m shares
D. E. Shaw & Co., Inc. Reduced $70.5m2.2m shares
Squarepoint Ops LLC Added $64.0m2.0m shares
Walleye Trading LLC Added $60.7m1.9m shares
SIMPLEX TRADING, LLC Added $59.7m1.8m shares
Parallax Volatility Advisers, L.P. Added $58.9m1.8m shares
IMC-Chicago, LLC Reduced $49.7m1.5m shares
BARCLAYS PLC Added $49.3m1.5m 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
Liu Qiangdong 13G · exempt (held before listing) filed 2025-05-13 12.5% 362.3m 2025-05-13

Insider purchases and sales in Q2 2025

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 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dodge & Cox 0.34% of their portfolio San Francisco, CA 18,705,94918.7m $610.6m $610.6m 0.34% Added +643.0k +643,000
2 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 14,563,17114.6m $475.3m $475.3m 0.08% Reduced -854.8k -854,768
3 Newlands Management Operations LLC 2.02% of their portfolio DALLAS, TX 11,693,59011.7m $381.7m $381.7m 2.02% Unchanged
4 APPALOOSA LP 3.54% of their portfolio Short Hills, NJ 7,000,0007.0m $228.5m $228.5m 3.54% Reduced -1.1m -1,050,000
5 FIL Ltd 0.19% of their portfolio HAMILTON, D0 6,690,0006.7m $218.4m $218.4m 0.19% Added +4.3m +4,314,000
6 CoreView Capital Management Ltd 27.65% of their portfolio HONG KONG, K3 6,491,6826.5m $211.9m $211.9m 27.65% Added +155.8k +155,771
7 Discerene Group LP 21.90% of their portfolio STAMFORD, CT 6,210,8516.2m $202.7m $202.7m 21.90% Added +656.0k +656,000
8 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,069,4346.1m $198.1m $198.1m 0.02% Added +1.7m +1,745,441
9 FMR LLC 0.01% of their portfolio BOSTON, MA 5,662,6855.7m $184.8m $184.8m 0.01% Reduced -31.1m -31,073,545
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,559,3175.6m $181.5m $181.5m 0.01% Reduced -3.3m -3,290,680
11 MARSHALL WACE, LLP 0.21% of their portfolio LONDON, X0 5,335,9615.3m $174.2m $174.2m 0.21% Added +1.8m +1,753,236
12 FEDERATED HERMES, INC. 0.28% of their portfolio PITTSBURGH, PA 4,551,0704.6m $148.5m $148.5m 0.28% Added +177.0k +177,000
13 Robeco Institutional Asset Management B.V. 0.21% of their portfolio ROTTERDAM, P7 4,044,7734.0m $132.0m $132.0m 0.21% Added +243.1k +243,104
14 ALKEON CAPITAL MANAGEMENT LLC 0.64% of their portfolio New York, NY 4,023,8024.0m $131.3m $131.3m 0.64% Reduced -500.0k -500,000
15 North of South Capital LLP 13.64% of their portfolio LONDON, X0 3,974,2154.0m $129.7m $129.7m 13.64% Added +660.0k +660,041
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,642,4333.6m $118.9m $118.9m 0.00% Added +1.5m +1,529,931
17 Man Group plc 0.26% of their portfolio LONDON, X0 3,618,3053.6m $118.1m $118.1m 0.26% Added +450.2k +450,178
18 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,508,0453.5m $114.5m $114.5m 0.02% Added +249.6k +249,562
19 Fisher Asset Management, LLC 0.04% of their portfolio PLANO, TX 3,433,9353.4m $112.1m $112.1m 0.04% Reduced -483.6k -483,631
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 3,404,8143.4m $111.1m $111.1m 0.02% Added +193.9k +193,930
21 BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.36% of their portfolio DALLAS, TX 3,268,1353.3m $106.7m $106.7m 0.36% Added +250.6k +250,631
22 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,639,0242.6m $86.1m $86.1m 0.01% Reduced -586.2k -586,243
23 Qube Research & Technologies Ltd 0.11% of their portfolio LONDON, X0 2,438,7062.4m $79.6m $79.6m 0.11% Reduced -351.7k -351,707
24 HHLR ADVISORS, LTD. 2.39% of their portfolio GRAND CAYMAN, E9 2,275,5002.3m $74.3m $74.3m 2.39% Reduced -2.5m -2,536,200
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio BALA CYNWYD, PA 2,183,4592.2m $71.3m $71.3m 0.11% Added +62.2k +62,221
26 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 2,135,3992.1m $69.7m $69.7m 0.05% Reduced -1.0m -1,009,809
27 Polunin Capital Partners Ltd 10.89% of their portfolio LONDON, X0 2,037,8562.0m $66.6m $66.6m 10.89% Added +35.7k +35,747
28 SIH Partners, LLLP 6.04% of their portfolio Wilmington, DE 1,948,6671.9m $63.6m $63.6m 6.04% Added +1.8m +1,842,936
29 CAUSEWAY CAPITAL MANAGEMENT LLC 0.96% of their portfolio LOS ANGELES, CA 1,854,3811.9m $60.5m $60.5m 0.96% Added +57.1k +57,147
30 Maple Rock Capital Partners Inc. 3.01% of their portfolio Toronto, A6 1,849,3241.8m $60.4m $60.4m 3.01% Added +930.8k +930,814
31 MACQUARIE GROUP LTD 0.07% of their portfolio Sydney, NSW 2000, C3 1,813,8731.8m $59.2m $59.2m 0.07% Reduced -198.5k -198,483
32 JANE STREET GROUP, LLC 0.08% of their portfolio NEW YORK, NY 1,496,1901.5m $48.8m $48.8m 0.08% Reduced -195.4k -195,405
33 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 1,422,3111.4m $46.4m $46.4m 0.05% Reduced -2.4m -2,374,362
34 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 1,309,1541.3m $42.9m $42.9m 0.05% Reduced -682.2k -682,214
35 Crake Asset Management LLP 2.21% of their portfolio LONDON, X0 1,286,0001.3m $42.0m $42.0m 2.21% New
36 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,268,0721.3m $41.4m $41.4m 0.01% Added +94.0k +93,997
37 Legal & General Group Plc 0.01% of their portfolio London, X0 1,210,5281.2m $39.5m $39.5m 0.01% Added +223.7k +223,703
38 Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio TOKYO, M0 1,130,0591.1m $36.9m $36.9m 0.09% Added +729.5k +729,452
39 MARTIN CURRIE LTD 1.40% of their portfolio EDINBURGH, X0 1,119,0821.1m $36.5m $36.5m 1.40% Reduced -302.8k -302,826
40 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,114,9911.1m $36.4m $36.4m 0.03% Reduced -1.9m -1,920,876
41 Squarepoint Ops LLC 0.08% of their portfolio NEW YORK, NY 1,057,9691.1m $34.5m $34.5m 0.08% Added +978.2k +978,172
42 TODD ASSET MANAGEMENT LLC 0.73% of their portfolio Louisville, KY 1,031,2981.0m $33.7m $33.7m 0.73% Added +151.0k +151,032
43 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 997,386997.4k $32.6m $32.6m 0.03% Added +843.7k +843,718
44 Parallax Volatility Advisers, L.P. 1.30% of their portfolio San Francisco, CA 991,998992.0k $32.4m $32.4m 1.30% Added +901.7k +901,745
45 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 938,560938.6k $30.6m $30.6m 0.07% Reduced -1.5m -1,501,917
46 Ardmore Road Asset Management LP 2.43% of their portfolio WESTPORT, CT 900,000900.0k $29.4m $29.4m 2.43% Added +100.0k +100,000
47 AXA S.A. 0.08% of their portfolio PARIS, I0 871,534871.5k $28.4m $28.4m 0.08% Added +345.6k +345,571
48 Handelsbanken Fonder AB 0.10% of their portfolio STOCKHOLM, V7 870,895870.9k $28.4m $28.4m 0.10% Added +68.0k +68,000
49 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 863,850863.9k $28.2m $28.2m 0.04% Added +6.9k +6,923
50 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.09% of their portfolio NEW YORK, NY 835,600835.6k $13.6m $13.6m 0.09% Added +104.0k +104,000
51 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 806,000806.0k $26.3m $26.3m 0.03% New
52 Patient Capital Management, LLC 1.16% of their portfolio BALTIMORE, MD 789,127789.1k $25.8m $25.8m 1.16% Added +3.2k +3,207
53 Yiheng Capital Management, L.P. 9.31% of their portfolio SAN FRANCISCO, CA 787,413787.4k $25.7m $25.7m 9.31% Added +223.3k +223,300
54 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 780,961781.0k $25.5m $25.5m 0.01% Added +566.6k +566,603
55 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio FRANKFORT, KY 671,660671.7k $21.9m $21.9m 0.18% Added +97.6k +97,560
56 Walleye Trading LLC 0.53% of their portfolio NEW YORK, NY 665,730665.7k $21.7m $21.7m 0.53% Added +487.1k +487,086
57 NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio STOCKHOLM, V7 624,424624.4k $20.3m $20.3m 0.02% Added +13.8k +13,755
58 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 608,243608.2k $19.9m $19.9m 0.02% Reduced -4.3m -4,284,771
59 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio TORONTO, A6 599,600599.6k $19.6m $19.6m 0.04% New
60 KBC Group NV 0.05% of their portfolio Brussels, C9 594,591594.6k $19.4m $19.4m 0.05% Added +20.0k +19,964
61 Temasek Holdings (Private) Ltd 0.07% of their portfolio SINGAPORE, U0 589,256589.3k $19.2m $19.2m 0.07% Reduced -4.0m -4,036,234
62 Perpetual Ltd 0.22% of their portfolio SYDNEY, NEW SOUTH WALES, C3 572,843572.8k $18.7m $18.7m 0.22% Added +13.6k +13,587
63 Capital International Investors 0.00% of their portfolio Los Angeles, CA 571,669571.7k $18.7m $18.7m 0.00% Reduced -221.8k -221,780
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 548,336548.3k $17.9m $17.9m 0.00% Added +43.1k +43,096
65 CORTLAND ASSOCIATES INC/MO 2.02% of their portfolio ST LOUIS, MO 529,091529.1k $17.3m $17.3m 2.02% Reduced -658 -658
66 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 515,263515.3k $16.8m $16.8m 0.02% Reduced -5.1m -5,131,939
67 Contrarius Group Holdings Ltd 0.95% of their portfolio Hamilton, D0 513,120513.1k $16.7m $16.7m 0.95% Reduced -192.8k -192,801
68 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 497,763497.8k $16.2m $16.2m 0.04% Reduced -1.7m -1,660,497
69 Long Focus Capital Management, LLC 1.01% of their portfolio SAN JUAN, PR 480,380480.4k $15.7m $15.7m 1.01% Added +82.0k +82,000
70 Amundi 0.01% of their portfolio Paris, I0 474,240474.2k $15.4m $15.4m 0.01% Reduced -336.2k -336,213
71 NORGES BANK 0.00% of their portfolio OSLO, Q8 439,300439.3k $14.3m $14.3m 0.00% Reduced -803.2k -803,200
72 XY Capital Ltd 9.43% of their portfolio CENTRAL, K3 419,251419.3k $13.7m $13.7m 9.43% New
73 Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio Boston, MA 415,757415.8k $13.6m $13.6m 0.04% Reduced -267.3k -267,325
74 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 412,316412.3k $13.5m $13.5m 0.01% Reduced -683.4k -683,415
75 NFJ INVESTMENT GROUP, LLC 0.46% of their portfolio DALLAS, TX 406,856406.9k $13.3m $13.3m 0.46% Reduced -45.0k -45,047
76 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 398,266398.3k $13.0m $13.0m 0.00% Added +2.7k +2,732
77 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 380,454380.5k $12.4m $12.4m 0.01% Reduced -2.2m -2,219,017
78 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 378,068378.1k $12.3m $12.3m 0.01% Added +207.0k +206,985
79 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 360,569360.6k $11.8m $11.8m 0.02% Reduced -69.0k -68,994
80 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 359,849359.8k $11.7m $11.7m 0.01% Reduced -91.3k -91,327
81 Schonfeld Strategic Advisors LLC 0.09% of their portfolio NEW YORK, NY 354,705354.7k $11.6m $11.6m 0.09% Reduced -668.5k -668,474
82 LMR Partners LLP 0.18% of their portfolio LONDON, X0 347,301347.3k $11.3m $11.3m 0.18% Added +242.7k +242,688
83 Cubist Systematic Strategies, LLC 0.12% of their portfolio STAMFORD, CT 345,777345.8k $11.3m $11.3m 0.12% Added +276.2k +276,207
84 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 344,488344.5k $11.2m $11.2m 0.01% Added +47.7k +47,747
85 TIGER GLOBAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 344,309344.3k $11.2m $11.2m 0.03% Unchanged
86 LAKEWOOD CAPITAL MANAGEMENT, LP 0.85% of their portfolio New York, NY 343,850343.9k $11.2m $11.2m 0.85% Added +10.0k +10,000
87 Davis Selected Advisers 0.06% of their portfolio Tucson, AZ 343,487343.5k $11.2m $11.2m 0.06% Reduced -2.0k -1,974
88 PEAK6 LLC 0.20% of their portfolio AUSTIN, TX 332,790332.8k $10.9m $10.9m 0.20% Added +210.5k +210,454
89 STOREBRAND ASSET MANAGEMENT AS 0.03% of their portfolio LYSAKER, Q8 332,322332.3k $10.8m $10.8m 0.03% Added +9.6k +9,588
90 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 296,805296.8k $9.7m $9.7m 0.01% Reduced -152.1k -152,134
91 IMC-Chicago, LLC 0.23% of their portfolio CHICAGO, IL 286,976287.0k $9.4m $9.4m 0.23% New
92 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.06% of their portfolio Stamford, CT 285,884285.9k $9.3m $9.3m 0.06% Reduced -73.8k -73,762
93 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 280,285280.3k $9.1m $9.1m 0.02% Added +264.3k +264,277
94 Maxi Investments CY Ltd 1.54% of their portfolio LIMASSOL, G4 279,020279.0k $9.1m $9.1m 1.54% Unchanged
95 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 265,287265.3k $8.7m $8.7m 0.02% Reduced -85.1k -85,078
96 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 261,269261.3k $9.4m $9.4m 0.02% Added +156.1k +156,069
97 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 253,548253.5k $8.3m $8.3m 0.01% Added +181.0k +181,006
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 249,628249.6k $8.1m $8.1m 0.00% Reduced -96.7k -96,716
99 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 246,557246.6k $8.0m $8.0m 0.01% Added +2.0k +1,995
100 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 240,800240.8k $8.4m $8.4m 0.01% Unchanged