Vault-13

NOAH HLDGS LTD NOAH

SPON ADS · ADR · CUSIP 65487X102 · ISIN US65487X1028

Chinese Wealth Management Company

88 institutional holders +1 vs Q1 2026
24,702,79924.7m shares reported held*
$246.8mreported value*
14 new 20 added 32 reduced 12 sold out net sold ≈ $8.1m (-815.7k 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 ($151.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.99. Options: 2 managers hold calls ($710.3k notional), 3 hold puts ($1.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 70Q1 23: 69Q2 23: 67Q3 23: 72Q4 23: 70Q1 24: 80Q2 24: 73Q3 24: 73Q4 24: 76Q1 25: 75Q2 25: 67Q3 25: 85Q4 25: 88Q1 26: 87Q2 26: 8888Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202281
Q4 202270
Q1 202369
Q2 202367
Q3 202372
Q4 202370
Q1 202480
Q2 202473
Q3 202473
Q4 202476
Q1 202575
Q2 202567
Q3 202585
Q4 202588
Q1 202687
Q2 202688

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 34 bought or addedQ3 24: 33 cut or sold outQ4 24: 44 bought or addedQ4 24: 29 cut or sold outQ4 24Q1 25: 34 bought or addedQ1 25: 32 cut or sold outQ2 25: 33 bought or addedQ2 25: 35 cut or sold outQ2 25Q3 25: 49 bought or addedQ3 25: 22 cut or sold outQ4 25: 50 bought or addedQ4 25: 30 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 49 cut or sold outQ2 26: 34 bought or addedQ2 26: 44 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243433
Q4 20244429
Q1 20253432
Q2 20253335
Q3 20254922
Q4 20255030
Q1 20263749
Q2 20263444

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 25 calls: $636.2kQ3 25 puts: $962.7kQ3 25P/C 1.51Q4 25 calls: $115.5kQ4 25 puts: $2.0mQ4 25P/C 16.94Q1 26 calls: $680.1kQ1 26 puts: $1.0mQ1 26P/C 1.49Q2 26 calls: $710.3kQ2 26 puts: $1.2mQ2 26P/C 1.69
Numbers
QuarterCallsPutsP/C
Q3 2025$636.2k$962.7k1.51
Q4 2025$115.5k$2.0m16.94
Q1 2026$680.1k$1.0m1.49
Q2 2026$710.3k$1.2m1.69

Biggest buyers

CITADEL ADVISORS LLC Added +57,039+57.0k
FRANKLIN RESOURCES INC Added +50,599+50.6k
GSA CAPITAL PARTNERS LLP New +49,338+49.3k
FIL Ltd Added +41,514+41.5k
MARSHALL WACE, LLP New +35,617+35.6k
Qube Research & Technologies Ltd New +34,410+34.4k
Trexquant Investment LP Added +20,998+21.0k
TWO SIGMA INVESTMENTS, LP New +19,097+19.1k
RAMSEY QUANTITATIVE SYSTEMS New +10,500+10.5k
NORTHERN TRUST CORP Added +9,825+9.8k

Biggest sellers

UBS Group AG Reduced -523,828-523.8k
ACADIAN ASSET MANAGEMENT LLC Reduced -114,400-114.4k
First Beijing Investment Ltd Reduced -97,393-97.4k
DIMENSIONAL FUND ADVISORS LP Reduced -85,847-85.8k
Davis Selected Advisers Reduced -57,099-57.1k
BlackRock, Inc. Reduced -37,901-37.9k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Sold out -29,165-29.2k
MORGAN STANLEY Reduced -26,859-26.9k
Abacus Wealth Partners, LLC Sold out -22,647-22.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -19,307-19.3k

Biggest calls

GROUP ONE TRADING LLC Reduced $499.5k50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $210.8k21.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.0m105.1k shares
CITADEL ADVISORS LLC New $142.9k14.3k shares
GROUP ONE TRADING LLC New $6.0k600 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
FIL Ltd 13G · institution +1.1 pts · filed 2026-05-06 9.9% +1.1 pts 33.5m 2026-05-06

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIL Ltd 0.05% of their portfolio HAMILTON, D0 6,736,7806.7m $67.3m $67.3m 0.05% Added +41.5k +41,514
2 Yiheng Capital Management, L.P. 29.55% of their portfolio SAN FRANCISCO, CA 6,717,3516.7m $67.1m $67.1m 29.55% Unchanged
3 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,018,1422.0m $20.2m $20.2m 0.00% Added +50.6k +50,599
4 Tiger Pacific Capital LP 8.61% of their portfolio NEW YORK, NY 1,880,8651.9m $18.8m $18.8m 8.61% Unchanged
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,205,0581.2m $12.0m $12.0m 0.00% Reduced -37.9k -37,901
6 PLATINUM INVESTMENT MANAGEMENT LTD 2.44% of their portfolio SYDNEY AUSTRALIA 2000, C3 993,612993.6k $9.9m $9.9m 2.44% Unchanged
7 Davis Selected Advisers 0.04% of their portfolio Tucson, AZ 964,486964.5k $9.6m $9.6m 0.04% Reduced -57.1k -57,099
8 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 632,536632.5k $6.3m $6.3m 0.01% Reduced -114.4k -114,400
9 Prescott Group Capital Management, L.L.C. 0.38% of their portfolio Tulsa, OK 444,967445.0k $4.4m $4.4m 0.38% Unchanged
10 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 437,975438.0k $4.4m $4.4m 0.00% Reduced -5.7k -5,725
11 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 382,663382.7k $3.8m $3.8m 0.00% Reduced -85.8k -85,847
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 322,218322.2k $3.2m $3.2m 0.00% Added +8.9k +8,948
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 180,390180.4k $1.8m $1.8m 0.00% Reduced -523.8k -523,828
14 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 160,717160.7k $1.6m $1.6m 0.00% Added +3.4k +3,408
15 CREDIT AGRICOLE S A 0.00% of their portfolio Montrouge Cedex, I0 131,500131.5k $1.3m $1.3m 0.00% Unchanged
16 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 104,255104.3k $1.0m $1.0m 0.00% Added +8.8k +8,755
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 87,70087.7k $876.1k $876.1k 0.00% Added +57.0k +57,039
18 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 79,28079.3k $792.0k $792.0k 0.00% Reduced -18.0k -17,992
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 73,49573.5k $734.2k $734.2k 0.00% Added +9.8k +9,825
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 69,15669.2k $690.9k $690.9k 0.00% Reduced -26.9k -26,859
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 63,41063.4k $633.5k $633.5k 0.00% Reduced -12.3k -12,311
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 60,20760.2k $601.5k $601.5k 0.00% Reduced -19.3k -19,307
23 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 59,57159.6k $595.1k $595.1k 0.00% Added +21.0k +20,998
24 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 55,15655.2k $551.0k $551.0k 0.00% Reduced -5.4k -5,385
25 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 49,33849.3k $493.0k $493.0k 0.03% New
26 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 49,00049.0k $489.5k $489.5k 0.00% Added +5.9k +5,900
27 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 45,43945.4k $453.9k $453.9k 0.01% Added +52 +52
28 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 42,87042.9k $428.3k $428.3k 0.00% Added +2.6k +2,638
29 First Beijing Investment Ltd 0.02% of their portfolio HONG KONG, K3 38,59538.6k $385.6k $385.6k 0.02% Reduced -97.4k -97,393
30 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 35,61735.6k $355.8k $355.8k 0.00% New
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 34,82234.8k $347.9k $347.9k 0.00% Added +7.8k +7,832
32 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 34,41034.4k $343.8k $343.8k 0.00% New
33 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 32,57032.6k $325.4k $325.4k 0.00% Unchanged
34 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 32,35232.4k $323.2k $323.2k 0.00% Reduced -3.8k -3,789
35 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 31,60031.6k $315.7k $315.7k 0.00% Reduced -10.0k -10,000
36 Verdad Advisers, LP 0.30% of their portfolio BOSTON, MA 30,92230.9k $308.9k $308.9k 0.30% Unchanged
37 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 26,77626.8k $269.1k $269.1k 0.00% Added +6.8k +6,770
38 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 25,96726.0k $259.4k $259.4k 0.00% Reduced -3.3k -3,275
39 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 24,90924.9k $232.1k $232.1k 0.00% Unchanged
40 Eschler Asset Management LLP 0.44% of their portfolio London, X0 24,60024.6k $245.8k $245.8k 0.44% Unchanged
41 Ballentine Partners, LLC 0.00% of their portfolio Waltham, MA 21,70721.7k $216.9k $216.9k 0.00% Reduced -1.3k -1,294
42 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 19,09719.1k $190.8k $190.8k 0.00% New
43 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 18,66218.7k $186.4k $186.4k 0.00% Reduced -13.0k -13,023
44 Pangea Capital Gestao de Recursos Ltda. 0.11% of their portfolio RIO DE JANEIRO, D5 16,00016.0k $159.8k $159.8k 0.11% Unchanged
45 PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 15,86215.9k $158.5k $158.5k 0.01% Unchanged
46 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 15,80015.8k $157.8k $157.8k 0.00% Reduced -5.8k -5,766
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,53515.5k $155.2k $155.2k 0.00% Reduced -3.1k -3,072
48 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 15,17115.2k $152.0k $152.0k 0.00% Added +3.5k +3,503
49 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 15,01015.0k $151.0k $151.0k 0.00% Reduced -12.8k -12,774
50 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,25814.3k $142.4k $142.4k 0.00% Added +4.0k +4,047
51 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 12,61612.6k $126.0k $126.0k 0.00% Reduced -4.7k -4,719
52 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 12,51812.5k $125.1k $125.1k 0.00% Reduced -2.4k -2,444
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 11,03611.0k $110.2k $110.2k 0.00% Reduced -4.5k -4,529
54 JBF Capital, Inc. 0.01% of their portfolio Aspen, CO 11,00011.0k $109.9k $109.9k 0.01% Unchanged
55 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 10,88710.9k $107.8k $107.8k 0.00% Unchanged
56 RAMSEY QUANTITATIVE SYSTEMS 0.09% of their portfolio LOUISVILLE, KY 10,50010.5k $104.9k $104.9k 0.09% New
57 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 10,04910.0k $100.0k $100.0k 0.00% Reduced -8.1k -8,115
58 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 9,8679.9k $91.9k $91.9k 0.00% Unchanged
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,5309.5k $95.9k $95.9k 0.00% New
60 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 6,2686.3k $62.6k $62.6k 0.00% Unchanged
61 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 5,9245.9k $59.2k $59.2k 0.00% Reduced -2.0k -1,998
62 Legal & General Group Plc 0.00% of their portfolio London, X0 3,8003.8k $38.0k $38.0k 0.00% Unchanged
63 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 2,6002.6k $26.0k $26.0k 0.00% New
64 Parvin Asset Management, LLC 0.03% of their portfolio SIOUX FALLS, SD 2,3502.4k $42.7k $42.7k 0.03% New
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 1,9772.0k $19.7k $19.7k 0.00% Unchanged
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,7341.7k $17.0k $17.0k 0.00% Unchanged
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,2631.3k $12.6k $12.6k 0.00% Added +1.2k +1,213
68 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1961.2k $11.9k $11.9k 0.00% Reduced -46 -46
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,1801.2k $11.8k $11.8k 0.00% Added +675 +675
70 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 835835 $8.3k $8.3k 0.00% Added +514 +514
71 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 522522 $5.2k $5.2k 0.00% New
72 Triumph Capital Management 0.00% of their portfolio DENVER, CO 400400 $4.0k $4.0k 0.00% Unchanged
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 306306 $3.1k $3.1k 0.00% Reduced -52 -52
74 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 169169 $1.7k $1.7k 0.00% New
75 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 153153 $1.5k $1.5k 0.00% Reduced -83 -83
76 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 146146 $1.5k $1.5k 0.00% Reduced -147 -147
77 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 124124 $1.2k $1.2k 0.00% Added +100 +100
78 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 100100 $999 $999 0.00% Reduced -28 -28
79 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7676 $758 $758 0.00% Reduced -64 -64
80 Financial Network Wealth Advisors LLC 0.00% of their portfolio MURRAY, UT 7373 $729 $729 0.00% New
81 Silver Grove Financial Group, Inc. 0.00% of their portfolio ORCHARD PARK, NY 6969 $689 $689 0.00% New
82 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 5353 $529 $529 0.00% Unchanged
83 Stone House Investment Management, LLC 0.00% of their portfolio TUNKHANNOCK, PA 5151 $509 $509 0.00% Added +19 +19
84 Bare Financial Services, Inc 0.00% of their portfolio GAP, PA 3636 $360 $360 0.00% Unchanged
85 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 1616 $161 $161 0.00% Unchanged
86 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 44 $40 $40 0.00% New
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $7 $7 0.00% Reduced -17.0k -17,000
88 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 11 $10 $10 0.00% New