Vault-13

JUMIA TECHNOLOGIES AG JMIA

SPONSORED ADS · ADR · CUSIP 48138M105 · ISIN US48138M1053

African e-commerce company

157 institutional holders +18 vs Q3 2025
31,381,38531.4m shares reported held*
$392.0mreported value*
39 new 40 added 39 reduced 23 sold out net bought ≈ $48.1m (+3.8m 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 ($283.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.49. Options: 19 managers hold calls ($100.7m notional), 12 hold puts ($24.9m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 134Q1 23: 118Q2 23: 123Q3 23: 111Q4 23: 123Q1 24: 121Q2 24: 131Q3 24: 146Q4 24: 129Q1 25: 106Q2 25: 122Q3 25: 139Q4 25: 157157Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022144
Q4 2022134
Q1 2023118
Q2 2023123
Q3 2023111
Q4 2023123
Q1 2024121
Q2 2024131
Q3 2024146
Q4 2024129
Q1 2025106
Q2 2025122
Q3 2025139
Q4 2025157

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 58 bought or addedQ1 24: 57 cut or sold outQ2 24: 58 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 90 bought or addedQ3 24: 45 cut or sold outQ4 24: 55 bought or addedQ4 24: 74 cut or sold outQ4 24Q1 25: 40 bought or addedQ1 25: 69 cut or sold outQ2 25: 66 bought or addedQ2 25: 43 cut or sold outQ2 25Q3 25: 70 bought or addedQ3 25: 54 cut or sold outQ4 25: 79 bought or addedQ4 25: 62 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245857
Q2 20245849
Q3 20249045
Q4 20245574
Q1 20254069
Q2 20256643
Q3 20257054
Q4 20257962

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 25 calls: $2.7mQ1 25 puts: $3.6mQ1 25P/C 1.33Q2 25 calls: $13.7mQ2 25 puts: $14.9mQ2 25P/C 1.09Q3 25 calls: $81.9mQ3 25 puts: $28.0mQ3 25P/C 0.34Q4 25 calls: $100.7mQ4 25 puts: $24.9mQ4 25P/C 0.25
Numbers
QuarterCallsPutsP/C
Q1 2025$2.7m$3.6m1.33
Q2 2025$13.7m$14.9m1.09
Q3 2025$81.9m$28.0m0.34
Q4 2025$100.7m$24.9m0.25

Biggest buyers

NOMURA HOLDINGS INC Added +2,751,503+2.8m
Fund 1 Investments, LLC Added +2,165,045+2.2m
JANE STREET GROUP, LLC Added +999,415+999.4k
MORGAN STANLEY Added +671,270+671.3k
General Equity Holdings LP Added +289,929+289.9k
FRANKLIN RESOURCES INC New +231,700+231.7k
GROUP ONE TRADING LLC Added +218,394+218.4k
Shay Capital LLC New +214,200+214.2k
Massar Capital Management, LP New +198,495+198.5k
IMC-Chicago, LLC New +188,866+188.9k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -1,361,944-1.4m
CITADEL ADVISORS LLC Reduced -1,089,772-1.1m
Walleye Capital LLC Reduced -1,023,308-1.0m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Sold out -473,181-473.2k
Jump Financial, LLC Reduced -406,383-406.4k
STATE STREET CORP Reduced -388,334-388.3k
NATIONAL BANK OF CANADA /FI/ Reduced -317,657-317.7k
BANK OF AMERICA CORP /DE/ Reduced -260,336-260.3k
MILLENNIUM MANAGEMENT LLC Reduced -182,326-182.3k
BANK OF MONTREAL /CAN/ Reduced -93,718-93.7k

Biggest calls

UBS Group AG New $20.7m1.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.2m894.9k shares
GROUP ONE TRADING LLC Added $10.4m833.8k shares
Shay Capital LLC New $9.9m796.1k shares
CITADEL ADVISORS LLC Reduced $8.9m715.0k shares
JANE STREET GROUP, LLC Added $7.8m621.1k shares
IMC-Chicago, LLC Added $6.9m555.3k shares
Fund 1 Investments, LLC Reduced $6.2m500.0k shares
GOLDMAN SACHS GROUP INC Added $5.8m462.3k shares
D. E. Shaw & Co., Inc. Added $3.4m268.8k shares

Biggest puts

GROUP ONE TRADING LLC Reduced $4.6m368.9k shares
SIMPLEX TRADING, LLC Reduced $4.1m328.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.0m317.9k shares
IMC-Chicago, LLC Added $3.1m244.3k shares
Point72 Asset Management, L.P. New $2.7m217.1k shares
HRT FINANCIAL LP New $2.2m174.7k shares
CITADEL ADVISORS LLC Added $1.6m127.0k shares
Crawford Fund Management, LLC Added $1.3m105.5k shares
Walleye Trading LLC Reduced $623.3k49.9k shares
JANE STREET GROUP, LLC New $291.0k23.3k 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
Axian Telecom 13D · may seek influence no change · filed 2025-09-03
Stated purposeItem 4 of this Schedule 13D is hereby amended and supplemented by the following: On September 1, 2025, the Local Court of Charlottenburg, Berlin, Germany (the "Court") appointed Hassanein Hiridjee, one of the Reporting Persons, to the Supervisory Board of the Issuer (the "Board"). Pursuant to the Court's order, Hassanein Hiridjee will serve as a member of the Board until the end of the Issuer's next annual general meeting. Other than as described above, the Reporting Persons do not currently have any plans or proposals that relate to, or may result in, any of the matters listed in subparagraphs (a) through (j) of Item 4 of Schedule 13D. However, as part of their ongoing evaluation of this investment and investment alternatives, the Reporting Persons may consider such matters and, subject… Full filing
10.0% no change 24.4m 2025-09-03
Fund 1 Investments, LLC 13G · institution -2.5 pts · filed 2026-08-14 7.5% -2.5 pts 18.5m 2026-08-14
PERNOD RICARD S A /FI 13D · may seek influence filed 2025-04-11 6.3% 15.4m 2025-04-11

Insider purchases and sales in Q4 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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fund 1 Investments, LLC 15.83% of their portfolio RINCON, PR 8,755,2988.8m $109.4m $109.4m 15.83% Added +2.2m +2,165,045
2 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 4,059,2884.1m $50.7m $50.7m 0.04% Added +185.1k +185,064
3 NOMURA HOLDINGS INC 0.11% of their portfolio TOKYO, M0 3,213,1733.2m $40.1m $40.1m 0.11% Added +2.8m +2,751,503
4 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 1,724,6621.7m $21.5m $21.5m 0.03% Reduced -18.0k -18,032
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,595,2171.6m $19.9m $19.9m 0.00% Added +671.3k +671,270
6 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 1,375,0711.4m $17.2m $17.2m 0.02% Added +999.4k +999,415
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,200,4721.2m $15.0m $15.0m 0.02% Added +112.3k +112,262
8 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 956,007956.0k $11.9m $11.9m 0.02% Added +124.4k +124,400
9 General Equity Holdings LP 5.10% of their portfolio Brooklyn, NY 653,029653.0k $8.2m $8.2m 5.10% Added +289.9k +289,929
10 SBI Securities Co., Ltd. 0.17% of their portfolio TOKYO, M0 536,568536.6k $6.7m $6.7m 0.17% Added +70.7k +70,722
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 502,461502.5k $6.3m $6.3m 0.00% Reduced -388.3k -388,334
12 GROUP ONE TRADING LLC 0.17% of their portfolio CHICAGO, IL 450,176450.2k $5.6m $5.6m 0.17% Added +218.4k +218,394
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 427,263427.3k $5.3m $5.3m 0.00% Reduced -57.9k -57,868
14 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 265,578265.6k $3.3m $3.3m 0.01% Added +81.7k +81,679
15 SIMPLEX TRADING, LLC 0.09% of their portfolio CHICAGO, IL 258,418258.4k $3.2m $3.2m 0.09% Reduced -3.5k -3,530
16 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 231,700231.7k $2.9m $2.9m 0.00% New
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 231,080231.1k $2.9m $2.9m 0.00% Reduced -1.1m -1,089,772
18 Shay Capital LLC 0.43% of their portfolio NEW YORK, NY 214,200214.2k $2.7m $2.7m 0.43% New
19 Massar Capital Management, LP 0.49% of their portfolio STAMFORD, CT 198,495198.5k $2.5m $2.5m 0.49% New
20 IMC-Chicago, LLC 0.04% of their portfolio CHICAGO, IL 188,866188.9k $2.4m $2.4m 0.04% New
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 187,778187.8k $2.3m $2.3m 0.00% Reduced -5.2k -5,220
22 Revisor Wealth Management LLC 0.63% of their portfolio AKRON, OH 185,350185.3k $2.3m $2.3m 0.63% Unchanged
23 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 172,386172.4k $2.2m $2.2m 0.00% Added +45.0k +44,957
24 one8zero8, LLC 0.46% of their portfolio GREENSBORO, NC 167,800167.8k $2.1m $2.1m 0.46% Added +29.0k +29,000
25 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 147,583147.6k $1.8m $1.8m 0.01% Added +23.9k +23,933
26 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 146,029146.0k $1.8m $1.8m 0.02% New
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 142,338142.3k $1.8m $1.8m 0.00% New
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 139,515139.5k $1.7m $1.7m 0.00% Added +139.1k +139,103
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 135,679135.7k $1.7m $1.7m 0.00% Reduced -11.1k -11,099
30 Laird Norton Wetherby Trust Company, LLC 0.03% of their portfolio Seattle, WA 129,669129.7k $1.6m $1.6m 0.03% Added +13.3k +13,344
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 121,646121.6k $1.5m $1.5m 0.00% Added +100.7k +100,728
32 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 121,643121.6k $1.5m $1.5m 0.00% New
33 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 120,903120.9k $1.5m $1.5m 0.00% Reduced -93.7k -93,718
34 CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio PARIS, I0 119,299119.3k $1.5m $1.5m 0.01% New
35 Hood River Capital Management LLC 0.02% of their portfolio PALM BEACH GARDENS, FL 110,767110.8k $1.4m $1.4m 0.02% New
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 97,94397.9k $1.2m $1.2m 0.00% Added +5.3k +5,326
37 Headlands Technologies LLC 0.10% of their portfolio CHICAGO, IL 94,09994.1k $1.2m $1.2m 0.10% Added +19.2k +19,203
38 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 76,85276.9k $959.9k $959.9k 0.03% Added +36.0k +36,001
39 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 74,39274.4k $929.0k $929.0k 0.08% Added +1.5k +1,513
40 INSIGNEO ADVISORY SERVICES, LLC 0.06% of their portfolio MIAMI, FL 65,50065.5k $818.1k $818.1k 0.06% Reduced -950 -950
41 SIH Partners, LLLP 0.05% of their portfolio Wilmington, DE 62,03262.0k $774.8k $774.8k 0.05% New
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 61,39361.4k $766.8k $766.8k 0.00% Reduced -1.4m -1,361,944
43 MYDA Advisors LLC 0.21% of their portfolio WOODMERE, NY 60,00060.0k $749.4k $749.4k 0.21% New
44 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 59,22359.2k $739.7k $739.7k 0.00% Reduced -182.3k -182,326
45 WEALTH EFFECTS LLC 0.23% of their portfolio BOSTON, MA 58,56058.6k $731.4k $731.4k 0.23% Reduced -22.5k -22,500
46 EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio Oklahoma City, OK 55,85555.9k $697.6k $697.6k 0.01% New
47 Marex Group Ltd 0.01% of their portfolio London, X0 55,00055.0k $687.0k $687.0k 0.01% Unchanged
48 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 52,50652.5k $655.8k $655.8k 0.00% Reduced -6.7k -6,681
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 52,16752.2k $651.6k $651.6k 0.00% Reduced -260.3k -260,336
50 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 49,98450.0k $624.0k $624.0k 0.00% Added +38.1k +38,108
51 CWM, LLC 0.00% of their portfolio OMAHA, NE 47,80647.8k $597.0k $597.0k 0.00% Reduced -4.7k -4,723
52 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 45,59345.6k $569.5k $569.5k 0.01% New
53 QP WEALTH MANAGEMENT, LLC 0.45% of their portfolio BOCA RATON, FL 41,09541.1k $513.3k $513.3k 0.45% First filing
54 Cannell & Spears LLC 0.01% of their portfolio NEW YORK, NY 40,00040.0k $499.6k $499.6k 0.01% New
55 EFG International AG 0.01% of their portfolio Zurich, V8 38,21238.2k $477.3k $477.3k 0.01% First filing
56 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 37,17537.2k $464.3k $464.3k 0.00% New
57 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,77036.8k $459.2k $459.2k 0.00% Reduced -6.5k -6,474
58 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 34,46834.5k $430.5k $430.5k 0.00% Added +731 +731
59 Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio Bala Cynwyd, PA 29,87829.9k $373.2k $373.2k 0.01% Unchanged
60 Yeomans Consulting Group, Inc. 0.11% of their portfolio Marietta, GA 28,78028.8k $359.5k $359.5k 0.11% Reduced -10.3k -10,315
61 Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio HONG KONG, K3 27,69527.7k $345.9k $345.9k 0.01% New
62 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 27,51727.5k $343.7k $343.7k 0.00% Reduced -406.4k -406,383
63 PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 27,50027.5k $343.5k $343.5k 0.03% Added +6.0k +6,000
64 PharVision Advisers, LLC 0.17% of their portfolio BOCA RATON, FL 27,23427.2k $340.2k $340.2k 0.17% New
65 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 26,05526.1k $325.4k $325.4k 0.00% New
66 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,80225.8k $322.3k $322.3k 0.00% Added +1.4k +1,408
67 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,69625.7k $320.9k $320.9k 0.00% Reduced -718 -718
68 NKCFO LLC 0.09% of their portfolio GENEVA, IL 25,00025.0k $312.0k $312.0k 0.09% New
69 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 24,98925.0k $320.6k $320.6k 0.00% Reduced -52.6k -52,602
70 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 24,47124.5k $305.6k $305.6k 0.00% New
71 Brooklyn Investment Group 0.01% of their portfolio NEW YORK, NY 24,36724.4k $283.1k $283.1k 0.01% New
72 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 23,74323.7k $296.6k $296.6k 0.00% Reduced -993 -993
73 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 21,15021.1k $264.2k $264.2k 0.02% Reduced -15.6k -15,600
74 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 20,85020.9k $260.4k $260.4k 0.00% Reduced -1.7k -1,657
75 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 20,50020.5k $256.0k $256.0k 0.00% Added +1.5k +1,500
76 Modus Advisors, LLC 0.07% of their portfolio EXCELSIOR, MN 20,00020.0k $249.8k $249.8k 0.07% New
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 19,65319.7k $245.5k $245.5k 0.00% Added +758 +758
78 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 19,47319.5k $243.2k $243.2k 0.00% Added +254 +254
79 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 19,22119.2k $240.1k $240.1k 0.00% Reduced -7.5k -7,500
80 Boston Standard Wealth Management, LLC 0.04% of their portfolio WINCHESTER, MA 19,09219.1k $238.5k $238.5k 0.04% Reduced -250 -250
81 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 18,66618.7k $233.1k $233.1k 0.00% Reduced -1.7k -1,730
82 FourThought Financial Partners, LLC 0.02% of their portfolio VENICE, FL 18,47118.5k $230.7k $230.7k 0.02% New
83 Caption Management, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 18,00018.0k $224.8k $224.8k 0.01% New
84 WealthTrust Axiom LLC 0.06% of their portfolio WAYNE, PA 17,58017.6k $219.6k $219.6k 0.06% Reduced -2.5k -2,545
85 Key Client Fiduciary Advisors, LLC 0.08% of their portfolio Fairfield, NJ 17,39717.4k $217.3k $217.3k 0.08% Reduced -2.3k -2,251
86 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 17,10017.1k $213.6k $213.6k 0.00% Reduced -53.8k -53,768
87 Belvedere Trading LLC 0.04% of their portfolio CHICAGO, IL 16,69016.7k $208.5k $208.5k 0.04% New
88 Dynamic Technology Lab Private Ltd 0.05% of their portfolio SINGAPORE, U0 16,25116.3k $203.0k $203.0k 0.05% New
89 MANGROVE PARTNERS IM, LLC 0.02% of their portfolio Greenwich, CT 15,62915.6k $195.2k $195.2k 0.02% New
90 PDS Planning, Inc 0.01% of their portfolio DUBLIN, OH 14,55214.6k $181.8k $181.8k 0.01% Unchanged
91 Octavia Wealth Advisors, LLC 0.02% of their portfolio CINCINNATI, OH 14,50014.5k $181.1k $181.1k 0.02% Unchanged
92 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 14,04814.0k $175.5k $175.5k 0.00% Added +434 +434
93 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 13,70013.7k $171.1k $171.1k 0.00% Reduced -2.5k -2,500
94 Samalin Investment Counsel, LLC 0.05% of their portfolio CHAPPAQUA, NY 12,26012.3k $153.1k $153.1k 0.05% New
95 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 12,23512.2k $152.8k $152.8k 0.00% New
96 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 12,21412.2k $146.3k $146.3k 0.00% Unchanged
97 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 11,92111.9k $148.9k $148.9k 0.02% Unchanged
98 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,42110.4k $130.2k $130.2k 0.00% Added +421 +421
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,30910.3k $128.0k $128.0k 0.00% Added +5.3k +5,277
100 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 10,22510.2k $127.7k $127.7k 0.00% New