Vault-13

KE HLDGS INC BEKE

SPONSORED ADS · ADR · CUSIP 482497104 · ISIN US4824971042

Company operating an integrated online and offline platform for housing transactions and services in China

252 institutional holders +21 vs Q3 2022
463,583,661463.6m shares reported held*
$6.5bnreported value*
40 new 103 added 80 reduced 24 sold out net sold ≈ $356.6m (-25.6m 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.96. Options: 20 managers hold calls ($200.6m notional), 14 hold puts ($196.2m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 231Q4 22: 252252Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022231
Q4 2022252

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $160.2mQ3 22 puts: $203.8mQ3 22P/C 1.27Q4 22 calls: $200.6mQ4 22 puts: $196.2mQ4 22P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2022$160.2m$203.8m1.27
Q4 2022$200.6m$196.2m0.98

Biggest buyers

HHLR ADVISORS, LTD. Added +9,927,759+9.9m
Carmignac Gestion Added +8,419,143+8.4m
PRICE T ROWE ASSOCIATES INC /MD/ Added +5,754,923+5.8m
WOLVERINE TRADING, LLC Added +5,163,306+5.2m
HCEP Management Ltd Added +4,599,601+4.6m
VIKING GLOBAL INVESTORS LP Added +4,189,334+4.2m
Robeco Institutional Asset Management B.V. New +2,835,452+2.8m
Aspex Management (HK) Ltd Added +2,662,335+2.7m
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC Added +2,625,198+2.6m
Ariose Capital Management Ltd New +2,341,499+2.3m

Biggest sellers

JPMORGAN CHASE & CO Reduced -16,268,774-16.3m
Greenwoods Asset Management Hong Kong Ltd. Reduced -11,545,632-11.5m
WELLINGTON MANAGEMENT GROUP LLP Reduced -10,138,129-10.1m
BlackRock Inc. Reduced -6,457,052-6.5m
MARSHALL WACE, LLP Reduced -6,027,296-6.0m
GOLDMAN SACHS GROUP INC Reduced -5,844,536-5.8m
DEUTSCHE BANK AG\ Reduced -4,902,350-4.9m
WFM ASIA (BVI) Ltd Reduced -4,542,700-4.5m
FARALLON CAPITAL MANAGEMENT, L.L.C. Reduced -4,200,000-4.2m
Whale Rock Capital Management LLC Sold out -3,943,283-3.9m

Biggest calls

GOLDMAN SACHS GROUP INC New $73.6m5.3m shares
Parallax Volatility Advisers, L.P. Added $35.2m2.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.6m832.1k shares
Artal Group S.A. New $11.2m800.0k shares
Triatomic Management LP New $9.8m700.0k shares
Squarepoint Ops LLC Added $8.4m599.5k shares
GROUP ONE TRADING LLC Reduced $8.2m588.3k shares
Walleye Trading LLC Reduced $7.9m563.4k shares
CITADEL ADVISORS LLC Reduced $7.3m523.4k shares
D. E. Shaw & Co., Inc. New $6.2m444.5k shares

Biggest puts

WOLVERINE TRADING, LLC Added $74.3m5.3m shares
Parallax Volatility Advisers, L.P. Added $24.5m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $21.7m1.6m shares
CITADEL ADVISORS LLC Added $17.7m1.3m shares
SIMPLEX TRADING, LLC Added $12.2m876.7k shares
GROUP ONE TRADING LLC Reduced $11.5m825.7k shares
PEAK6 Investments LLC Added $11.1m793.1k shares
Walleye Trading LLC Reduced $8.5m606.6k shares
JANE STREET GROUP, LLC Reduced $7.2m513.0k shares
Squarepoint Ops LLC Added $5.9m422.6k 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
Baihui Partners L.P. 13D · may seek influence filed 2026-08-18
Stated purposeNo change from the Statement. Full filing
24.7% 849.6m 2026-08-18
Grain Bud Holding Ltd 13D · may seek influence filed 2026-08-18
Stated purposeNo change from the Statement. The securities beneficially owned by the Reporting Persons did no change in the past 60 days, and this Amendment is being filed to reflect a change in the beneficial ownership percentage of the Reporting Persons due to a change in the number of ordinary shares issued of the Issuer, following the completion of the Issuer's share repurchase and cancellation. Full filing
24.7% 849.6m 2026-08-18
Tencent Holdings Ltd 13D · may seek influence -0.9 pts · filed 2025-09-30
Stated purposeItem 4 of the Schedule D is hereby amended and supplemented by adding the following before the sub-title named "General" in this Item: On February 10, 2025, Parallel Stellar surrendered 2 Class A Ordinary Shares of the Issuer. On September 30, 2025, Sunshine Peak, TPP I SPV and TPP II SPV, entities controlled by Tencent Plus Partners ("TPP"), executed a distribution plan of Class A Ordinary Shares they held through on-market transactions in the amount of 13,323,284 ADSs representing 39,969,852 Class A Ordinary Shares of the Issuer, and distributing the proceeds to their limited partners. TPP is under Tencent and facilitates collaboration with external capital partners by investing with Tencent. Tencent's interest (excluding TPP) in BEKE remains unchanged. Full filing
8.7% -0.9 pts 295.2m 2025-09-30

Fell to 5% or below in the last year: Ever Orient International Ltd (4.7%, 2026-09-29)

Insider purchases and sales in Q4 2022

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 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 31,818,77231.8m $444.2m $444.2m 0.01% Reduced -6.5m -6,457,052
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio BALTIMORE, MD 26,117,53126.1m $364.6m $364.6m 0.06% Added +5.8m +5,754,923
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 25,137,88225.1m $350.9m $350.9m 0.01% Added +279.5k +279,519
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 21,834,98021.8m $304.8m $304.8m 0.03% Reduced -2.3m -2,267,523
5 HHLR ADVISORS, LTD. 6.20% of their portfolio GRAND CAYMAN, E9 21,045,86521.0m $293.8m $293.8m 6.20% Added +9.9m +9,927,759
6 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 20,801,32320.8m $290.4m $290.4m 0.06% Reduced -10.1m -10,138,129
7 Krane Funds Advisors LLC 9.74% of their portfolio NEW YORK, NY 17,087,89517.1m $238.5m $238.5m 9.74% Reduced -1.6m -1,598,275
8 Aspex Management (HK) Ltd 6.30% of their portfolio CENTRAL, K3 16,113,35116.1m $224.9m $224.9m 6.30% Added +2.7m +2,662,335
9 CoreView Capital Management Ltd 26.10% of their portfolio HONG KONG, K3 12,160,24412.2m $169.8m $169.8m 26.10% Reduced -3.8m -3,790,896
10 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 11,529,27311.5m $160.9m $160.9m 0.01% Added +181.6k +181,630
11 SC US (TTGP), LTD. 2.02% of their portfolio Menlo Park, CA 10,964,91111.0m $153.1m $153.1m 2.02% Unchanged
12 HCEP Management Ltd 34.90% of their portfolio HONG KONG, K3 10,000,00010.0m $139.6m $139.6m 34.90% Added +4.6m +4,599,601
13 NORGES BANK 0.03% of their portfolio OSLO, Q8 9,677,9979.7m $135.1m $135.1m 0.03% Added +585.9k +585,948
14 Carmignac Gestion 2.43% of their portfolio PARIS, I0 9,653,7329.7m $134.8m $134.8m 2.43% Added +8.4m +8,419,143
15 VIKING GLOBAL INVESTORS LP 0.56% of their portfolio STAMFORD, CT 8,084,3348.1m $112.9m $112.9m 0.56% Added +4.2m +4,189,334
16 SCHRODER INVESTMENT MANAGEMENT GROUP 0.17% of their portfolio London, X0 7,703,7797.7m $107.5m $107.5m 0.17% Added +1.1m +1,095,566
17 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 7,677,0437.7m $107.2m $107.2m 0.03% Reduced -5.8m -5,844,536
18 FMR LLC 0.01% of their portfolio BOSTON, MA 7,598,1327.6m $106.1m $106.1m 0.01% Added +309.9k +309,882
19 ALKEON CAPITAL MANAGEMENT LLC 0.73% of their portfolio New York, NY 7,014,9857.0m $97.9m $97.9m 0.73% Reduced -1.0m -1,045,206
20 Artisan Partners Limited Partnership 0.17% of their portfolio Milwaukee, WI 6,709,6846.7m $93.7m $93.7m 0.17% Added +2.1m +2,055,870
21 HSG Holding Ltd 9.47% of their portfolio NA, K3 6,695,0816.7m $93.5m $93.5m 9.47% Unchanged
22 RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio NEW YORK, NY 6,437,5946.4m $89.9m $89.9m 0.12% Added +299.2k +299,200
23 MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 9.77% of their portfolio SAN FRANCISCO, CA 5,921,3025.9m $82.7m $82.7m 9.77% Added +2.6m +2,625,198
24 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.52% of their portfolio SAN FRANCISCO, CA 5,758,5005.8m $80.4m $80.4m 0.52% Reduced -4.2m -4,200,000
25 Legal & General Group Plc 0.03% of their portfolio London, X0 5,381,2205.4m $75.1m $75.1m 0.03% Added +165.1k +165,079
26 WOLVERINE TRADING, LLC 1.24% of their portfolio CHICAGO, IL 5,220,4005.2m $72.9m $72.9m 1.24% Added +5.2m +5,163,306
27 M&G INVESTMENT MANAGEMENT LTD 0.53% of their portfolio London, X0 5,167,0805.2m $72.3m $72.3m 0.53% Added +2.1m +2,072,318
28 H Capital V GP, L.P. 97.27% of their portfolio GRAND CAYMAN, E9 4,948,2454.9m $69.1m $69.1m 97.27% Unchanged
29 Greenwoods Asset Management Hong Kong Ltd. 4.10% of their portfolio HONG KONG, K3 4,785,8384.8m $66.8m $66.8m 4.10% Reduced -11.5m -11,545,632
30 Assenagon Asset Management S.A. 0.23% of their portfolio SENNINGERBERG, N4 3,928,6923.9m $54.8m $54.8m 0.23% Reduced -1.2m -1,173,119
31 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 3,841,1573.8m $53.6m $53.6m 0.03% Reduced -4.9m -4,902,350
32 Tiger Pacific Capital LP 11.95% of their portfolio NEW YORK, NY 3,532,7733.5m $49.3m $49.3m 11.95% Added +26.2k +26,166
33 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,387,2373.4m $47.3m $47.3m 0.01% Reduced -633.8k -633,803
34 TB Alternative Assets Ltd. 16.74% of their portfolio HONG KONG, K3 3,335,8653.3m $46.6m $46.6m 16.74% Added +372.6k +372,551
35 Bridgewater Associates, LP 0.25% of their portfolio Westport, CT 3,233,1783.2m $45.1m $45.1m 0.25% Reduced -800.2k -800,205
36 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 3,192,7123.2m $44.6m $44.6m 0.02% Added +334.6k +334,577
37 TYBOURNE CAPITAL MANAGEMENT (HK) LTD 4.32% of their portfolio HONG KONG, K3 3,103,7673.1m $43.3m $43.3m 4.32% Reduced -426.2k -426,200
38 CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio TORONTO ONTARIO, A6 3,062,9053.1m $42.8m $42.8m 0.08% Added +252.0k +252,000
39 E Fund Management Co., Ltd. 3.51% of their portfolio GUANGZHOU, F4 3,022,2433.0m $42.2m $42.2m 3.51% Reduced -1.6m -1,572,709
40 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,019,2653.0m $41.9m $41.9m 0.01% Added +32.3k +32,318
41 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,894,0172.9m $40.4m $40.4m 0.02% Added +1.7m +1,683,110
42 Robeco Institutional Asset Management B.V. 0.11% of their portfolio ROTTERDAM, P7 2,835,4522.8m $39.6m $39.6m 0.11% New
43 PICTET ASSET MANAGEMENT SA 0.05% of their portfolio GENEVA 73, V8 2,467,1132.5m $34.4m $34.4m 0.05% Added +1.8m +1,814,858
44 Ariose Capital Management Ltd 14.19% of their portfolio CENTRAL, HONG KONG, K3 2,341,4992.3m $32.7m $32.7m 14.19% New
45 Hel Ved Capital Management Ltd 18.16% of their portfolio CENTRAL, K3 2,019,8082.0m $28.2m $28.2m 18.16% Added +712.0k +712,000
46 INDUS CAPITAL PARTNERS, LLC 53.85% of their portfolio NEW YORK, NY 1,920,7211.9m $26.8m $26.8m 53.85% Added +573.3k +573,275
47 CAPITAL FUND MANAGEMENT S.A. 0.58% of their portfolio PARIS, I0 1,866,7921.9m $26.1m $26.1m 0.58% Added +1.0m +1,009,747
48 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,830,9971.8m $25.6m $25.6m 0.01% Added +761.9k +761,892
49 Swiss National Bank 0.02% of their portfolio ZURICH, V8 1,806,6831.8m $25.2m $25.2m 0.02% Reduced -3.0k -3,000
50 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,770,2571.8m $24.7m $24.7m 0.01% Added +227.7k +227,657
51 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 1,763,2701.8m $24.6m $24.6m 0.02% First filing
52 BAILLIE GIFFORD & CO 0.03% of their portfolio EDINBURGH, X0 1,724,5411.7m $24.1m $24.1m 0.03% Added +22.4k +22,435
53 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,715,0891.7m $23.9m $23.9m 0.01% Added +483.6k +483,585
54 COATUE MANAGEMENT LLC 0.27% of their portfolio New York, NY 1,707,7681.7m $23.8m $23.8m 0.27% Reduced -1.8m -1,758,248
55 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 1,540,7921.5m $21.5m $21.5m 0.02% Reduced -22.3k -22,275
56 WFM ASIA (BVI) Ltd 2.23% of their portfolio HONG KONG, K3 1,498,7001.5m $20.9m $20.9m 2.23% Reduced -4.5m -4,542,700
57 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,464,6271.5m $20.4m $20.4m 0.03% Reduced -218.9k -218,888
58 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,391,7891.4m $19.4m $19.4m 0.01% Reduced -2.3m -2,286,155
59 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 1,390,2831.4m $19.4m $19.4m 0.02% Reduced -23.6k -23,636
60 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 1,349,2951.3m $18.8m $18.8m 0.02% Reduced -624.0k -623,984
61 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,311,6651.3m $18.3m $18.3m 0.02% Reduced -706.8k -706,752
62 Qube Research & Technologies Ltd 0.10% of their portfolio LONDON, X0 1,185,6751.2m $16.6m $16.6m 0.10% New
63 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 1,169,1201.2m $16.3m $16.3m 0.02% Added +196.9k +196,855
64 Dantai Capital Ltd 13.27% of their portfolio HONG KONG, K3 1,101,1001.1m $15.4m $15.4m 13.27% First filing
65 Blue Creek Capital Management Ltd 11.94% of their portfolio HONG KONG, K3 1,071,6121.1m $15.0m $15.0m 11.94% First filing
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,069,0221.1m $14.9m $14.9m 0.00% Reduced -16.3m -16,268,774
67 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 1,044,1251.0m $14.6m $14.6m 0.02% Reduced -647.8k -647,803
68 TEACHER RETIREMENT SYSTEM OF TEXAS 0.10% of their portfolio AUSTIN, TX 1,023,5811.0m $14.3m $14.3m 0.10% Added +684.3k +684,276
69 PRELUDE CAPITAL MANAGEMENT, LLC 0.87% of their portfolio NEW YORK, NY 1,013,2161.0m $14.1m $14.1m 0.87% Added +977.4k +977,416
70 Pertento Partners LLP 4.58% of their portfolio LONDON, X0 1,002,7281.0m $14.0m $14.0m 4.58% Unchanged
71 Think Investments LP 4.65% of their portfolio San Francisco, CA 1,001,9001.0m $14.0m $14.0m 4.65% Reduced -189.1k -189,100
72 Lombard Odier Asset Management (Switzerland) SA 1.11% of their portfolio PETIT-LANCY, V8 994,724994.7k $13.9m $13.9m 1.11% New
73 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 979,976980.0k $13.7m $13.7m 0.02% Added +363.5k +363,496
74 NISA INVESTMENT ADVISORS, LLC 0.11% of their portfolio ST. LOUIS, MO 979,000979.0k $13.7m $13.7m 0.11% New
75 FIL Ltd 0.02% of their portfolio HAMILTON, D0 971,920971.9k $13.6m $13.6m 0.02% Reduced -1.5m -1,519,893
76 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 942,530942.5k $13.2m $13.2m 0.02% Added +705.1k +705,099
77 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 941,701941.7k $13.1m $13.1m 0.03% Added +94.0k +94,012
78 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 893,018893.0k $12.5m $12.5m 0.00% Added +8.0k +7,952
79 Perseverance Asset Management International 5.03% of their portfolio GEORGE TOWN, E9 803,104803.1k $11.2m $11.2m 5.03% Reduced -546.3k -546,338
80 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 789,348789.3k $11.0m $11.0m 0.03% Reduced -250.8k -250,779
81 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 783,325783.3k $10.9m $10.9m 0.02% Added +630.0k +629,953
82 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 768,842768.8k $10.7m $10.7m 0.02% Added +450.1k +450,110
83 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio JUPITER, FL 766,699766.7k $10.7m $10.7m 0.06% New
84 Compagnie Lombard Odier SCmA 0.28% of their portfolio 1204 GENEVA, V8 761,884761.9k $10.6m $10.6m 0.28% New
85 BARINGS LLC 0.36% of their portfolio CHARLOTTE, NC 729,629729.6k $10.2m $10.2m 0.36% New
86 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 692,093692.1k $9.7m $9.7m 0.02% Added +668.4k +668,439
87 APG Asset Management N.V. 0.02% of their portfolio Amsterdam, P7 690,266690.3k $9.6m $9.6m 0.02% Added +355.7k +355,700
88 CANADA LIFE ASSURANCE Co 0.03% of their portfolio WINNIPEG, A2 685,893685.9k $9.6m $9.6m 0.03% Reduced -12.8k -12,785
89 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 684,292684.3k $9.6m $9.6m 0.03% New
90 Old Well Partners, LLC 7.98% of their portfolio CHARLOTTE, NC 660,890660.9k $9.2m $9.2m 7.98% Reduced -30.1k -30,100
91 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 651,396651.4k $9.1m $9.1m 0.01% Added +373.7k +373,696
92 TWINBEECH CAPITAL LP 0.17% of their portfolio PURCHASE, NY 637,114637.1k $8.9m $8.9m 0.17% New
93 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 630,907630.9k $8.8m $8.8m 0.01% Added +483.4k +483,356
94 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 613,620613.6k $8.6m $8.6m 0.02% Added +229.0k +228,988
95 HRT FINANCIAL LP 0.12% of their portfolio NEW YORK, NY 590,408590.4k $8.2m $8.2m 0.12% New
96 OVERSEA-CHINESE BANKING Corp Ltd 0.43% of their portfolio SINGAPORE, U0 522,222522.2k $7.3m $7.3m 0.43% First filing
97 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 511,560511.6k $7.1m $7.1m 0.02% New
98 Artal Group S.A. 0.40% of their portfolio LUXEMBOURG, N4 500,000500.0k $7.0m $7.0m 0.40% New
99 TORQ CAPITAL MANAGEMENT (HK) Ltd 10.71% of their portfolio HONG KONG, K3 481,000481.0k $6.7m $6.7m 10.71% First filing
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 475,689475.7k $6.6m $6.6m 0.00% Reduced -360.0k -359,982