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 ($20.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.52. Options: 42 managers hold calls ($1.2bn notional), 43 hold puts ($938.4m).
Trends to Q2 2026
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 |
| Q3 2024 | 546 |
| Q4 2024 | 550 |
| Q1 2025 | 545 |
| Q2 2025 | 472 |
| Q3 2025 | 464 |
| Q4 2025 | 441 |
| Q1 2026 | 411 |
| Q2 2026 | 424 |
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 | 313 | 195 |
| Q4 2024 | 251 | 295 |
| Q1 2025 | 274 | 262 |
| Q2 2025 | 224 | 284 |
| Q3 2025 | 239 | 243 |
| Q4 2025 | 178 | 257 |
| Q1 2026 | 190 | 216 |
| Q2 2026 | 211 | 192 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.4bn | $2.0bn | 0.84 |
| Q4 2025 | $1.7bn | $1.7bn | 1.00 |
| Q1 2026 | $1.1bn | $1.3bn | 1.14 |
| Q2 2026 | $1.2bn | $938.4m | 0.77 |
Biggest buyers
| SUSQUEHANNA ADVISORS GROUP, INC. | New | +5.6m |
| Robeco Institutional Asset Management B.V. | Added | +2.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +2.4m |
| GQG Partners LLC | New | +2.3m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +2.3m |
| North of South Capital LLP | Added | +2.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +2.2m |
| Polunin Capital Partners Ltd | New | +2.0m |
| FIL Ltd | Added | +1.9m |
| MORGAN STANLEY | Added | +1.7m |
Biggest sellers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -9.6m |
| SG Americas Securities, LLC | Reduced | -3.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.3m |
| SIH Partners, LLLP | Reduced | -1.7m |
| Massar Capital Management, LP | Reduced | -1.7m |
| Brevan Howard Capital Management LP | Reduced | -1.6m |
| Invesco Ltd. | Reduced | -1.4m |
| APPALOOSA LP | Sold out | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -737.1k |
| Contrarius Group Holdings Ltd | Sold out | -639.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $343.5m13.5m shares |
| UBS Group AG | Added | $189.3m7.4m shares |
| CITADEL ADVISORS LLC | Added | $115.1m4.5m shares |
| JANE STREET GROUP, LLC | Added | $76.7m3.0m shares |
| Brevan Howard Capital Management LP | New | $69.4m2.7m shares |
| GROUP ONE TRADING LLC | Added | $54.5m2.1m shares |
| IMC-Chicago, LLC | Reduced | $49.1m1.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $39.5m1.6m shares |
| CITIGROUP INC | Added | $30.6m1.2m shares |
| Parallax Volatility Advisers, L.P. | Added | $29.4m1.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $189.6m7.4m shares |
| SUSQUEHANNA ADVISORS GROUP, INC. | New | $141.6m5.6m shares |
| JANE STREET GROUP, LLC | Reduced | $90.9m3.6m shares |
| Centiva Capital, LP | Reduced | $77.2m3.0m shares |
| CITADEL ADVISORS LLC | Added | $56.2m2.2m shares |
| Walleye Trading LLC | Reduced | $40.4m1.6m shares |
| D. E. Shaw & Co., Inc. | Reduced | $40.2m1.6m shares |
| IMC-Chicago, LLC | Added | $39.0m1.5m shares |
| TUDOR INVESTMENT CORP ET AL | Added | $31.9m1.3m shares |
| UBS Group AG | Reduced | $28.2m1.1m 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 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 |
|---|---|---|
| FIL Ltd 0.25% of their portfolio | 13.7m $349.8m | Added +1.9m |
| Dodge & Cox 0.16% of their portfolio | 12.2m $310.7m | Unchanged |
| Newlands Management Operations LLC 1.80% of their portfolio | 11.7m $298.0m | Unchanged |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 10.8m $275.9m | Added +221.5k |
| Robeco Institutional Asset Management B.V. 0.25% of their portfolio | 8.1m $206.9m | Added +2.8m |
| North of South Capital LLP 12.49% of their portfolio | 6.7m $169.7m | Added +2.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 6.2m $158.6m | Added +816.8k |
| MORGAN STANLEY 0.01% of their portfolio | 6.1m $154.4m | Added +1.7m |
| Discerene Group LP 17.07% of their portfolio | 6.0m $151.8m | Unchanged |
| SUSQUEHANNA ADVISORS GROUP, INC. 3.89% of their portfolio | 5.6m $141.6m | New |
| CoreView Capital Management Ltd 25.81% of their portfolio | 5.5m $141.2m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 4.9m $123.8m | Reduced -1.4m |
| UBS Group AG 0.02% of their portfolio | 4.8m $121.2m | Added +1.6m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.31% of their portfolio | 4.0m $102.2m | Reduced -74.9k |
| BlackRock, Inc. 0.00% of their portfolio | 3.4m $87.5m | Reduced -317.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.4m $86.7m | Added +1.1m |
| FEDERATED HERMES, INC. 0.12% of their portfolio | 3.4m $86.6m | Added +569.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.34% of their portfolio | 3.1m $79.2m | Added +2.2m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.7m $68.6m | Reduced -2.3m |
| Maple Rock Capital Partners Inc. 1.33% of their portfolio | 2.7m $68.0m | Reduced -355.7k |
| Point72 Asset Management, L.P. 0.10% of their portfolio | 2.6m $65.8m | Reduced -129.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 2.4m $61.1m | New |
| GQG Partners LLC 0.11% of their portfolio | 2.3m $58.7m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.08% of their portfolio | 2.3m $58.4m | New |
| Fisher Asset Management, LLC 0.02% of their portfolio | 2.3m $58.2m | Reduced -48.9k |
| Polunin Capital Partners Ltd 13.62% of their portfolio | 2.0m $55.5m | New |
| Legal & General Group Plc 0.01% of their portfolio | 1.9m $48.0m | Added +245.6k |
| BARCLAYS PLC 0.02% of their portfolio | 1.9m $47.7m | Added +1.1m |
| SIH Partners, LLLP 1.76% of their portfolio | 1.7m $42.2m | Reduced -1.7m |
| FMR LLC 0.00% of their portfolio | 1.6m $41.9m | Added +811.6k |
| Man Group plc 0.07% of their portfolio | 1.5m $39.4m | Added +1.5m |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 1.5m $39.3m | Added +1.3m |
| Ruffer LLP 1.38% of their portfolio | 1.5m $39.1m | New |
| LANDESBANK BADEN-WUERTTEMBERG 14.21% of their portfolio | 1.5m $38.2m | Added +20.0k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.66% of their portfolio | 1.5m $37.7m | Added +1.5m |
| HighTower Advisors, LLC 0.03% of their portfolio | 1.4m $35.9m | Added +126.4k |
| Patient Capital Management, LLC 1.17% of their portfolio | 1.4m $35.1m | Reduced -21.7k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 1.2m $30.6m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $28.7m | Reduced -148.2k |
| Clark Capital Management Group, Inc. 0.15% of their portfolio | 1.1m $27.7m | New |
| Swedbank AB 0.02% of their portfolio | 1.1m $27.3m | New |
| LAKEWOOD CAPITAL MANAGEMENT, LP 1.33% of their portfolio | 1.0m $25.7m | Added +105.0k |
| Centiva Capital, LP 0.85% of their portfolio | 994.9k $25.4m | Added +101.7k |
| CITIGROUP INC 0.01% of their portfolio | 961.9k $24.5m | Added +53.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 951.6k $24.2m | New |
| Long Focus Capital Management, LLC 0.98% of their portfolio | 942.6k $24.0m | Unchanged |
| Clearbridge Investments, LLC 0.02% of their portfolio | 932.2k $23.8m | Reduced -21.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 888.7k $22.6m | Added +317.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 872.9k $22.2m | Added +542.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 766.6k $19.5m | Reduced -3.6m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 752.7k $19.2m | Reduced -9.6m |
| Perpetual Ltd 0.26% of their portfolio | 702.7k $17.9m | Added +22.6k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 674.7k $17.2m | Added +403.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 664.7k $16.9m | Added +35.4k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 653.8k $16.7m | Added +295.7k |
| NAN FUNG TRINITY (HK) LTD 1.63% of their portfolio | 649.7k $16.6m | Unchanged |
| Galaxy Digital Inc. 2.54% of their portfolio | 630.0k $16.1m | New |
| Yiheng Capital Management, L.P. 6.62% of their portfolio | 590.5k $15.0m | Added +3.0k |
| Optiver Holding B.V. 0.21% of their portfolio | 567.1k $14.4m | Reduced -97.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 563.2k $14.3m | Added +357.9k |
| AI-Squared Management Ltd 6.93% of their portfolio | 509.9k $13.0m | New |
| TODD ASSET MANAGEMENT LLC 0.23% of their portfolio | 506.8k $12.9m | Reduced -371 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 504.3k $12.8m | Added +21.2k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio | 502.5k $12.8m | Reduced -381.5k |
| NFJ INVESTMENT GROUP, LLC 0.41% of their portfolio | 478.2k $12.2m | Reduced -90.2k |
| Handelsbanken Fonder AB 0.03% of their portfolio | 477.0k $12.2m | Added +80.0k |
| IMC-Chicago, LLC 0.10% of their portfolio | 427.9k $10.9m | Reduced -174.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 405.7k $10.3m | Added +3.1k |
| Boston Partners 0.01% of their portfolio | 392.5k $10.0m | Added +329.4k |
| Creative Planning 0.01% of their portfolio | 386.1k $9.8m | Reduced -26.0k |
| Tidal Investments LLC 0.02% of their portfolio | 382.8k $9.8m | Added +202.7k |
| LPL Financial LLC 0.00% of their portfolio | 347.0k $8.8m | Added +115.5k |
| KBC Group NV 0.02% of their portfolio | 317.0k $8.1m | Reduced -142.4k |
| NINE MASTS CAPITAL Ltd 0.89% of their portfolio | 314.3k $8.0m | Unchanged |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.05% of their portfolio | 312.6k $8.0m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 307.8k $7.8m | Added +260.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 297.8k $7.6m | Added +248.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio | 293.4k $7.5m | Added +84.2k |
| CREDIT AGRICOLE S A 0.02% of their portfolio | 288.6k $7.4m | Added +64.1k |
| Marex Group Ltd 0.05% of their portfolio | 285.9k $7.3m | Added +149.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 284.3k $7.3m | Added +92.4k |
| Davis Selected Advisers 0.03% of their portfolio | 283.3k $7.2m | Reduced -138 |
| Quantinno Capital Management LP 0.01% of their portfolio | 275.7k $7.0m | Added +86.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 272.6k $6.9m | Reduced -255.2k |
| Itau Unibanco Holding S.A. 0.14% of their portfolio | 272.4k $6.9m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 265.8k $6.8m | Added +263.1k |
| Aurora Investment Managers, LLC. 4.07% of their portfolio | 261.5k $6.7m | Reduced -8.5k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 258.4k $6.6m | Added +21.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 255.5k $6.5m | New |
| Crake Asset Management LLP 0.15% of their portfolio | 245.0k $6.2m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 237.3k $6.0m | Reduced -737.1k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 232.8k $6.7m | Unchanged |
| Fairtree Asset Management (Pty) Ltd 2.10% of their portfolio | 215.4k $5.5m | Added +38.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 210.2k $5.4m | Added +15.8k |
| Gradient Investments LLC 0.07% of their portfolio | 205.1k $5.2m | Added +9.8k |
| Pekin Hardy Strauss, Inc. 0.45% of their portfolio | 201.6k $5.1m | Added +22.3k |
| TIGER GLOBAL MANAGEMENT LLC 0.02% of their portfolio | 201.5k $5.1m | Reduced -142.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 200.6k $5.1m | Added +3.5k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 198.9k $5.1m | Reduced -7.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 198.5k $5.1m | Reduced -635.7k |