SEA LTD SE
SPONSORD ADS · ADR · CUSIP 81141R100 · ISIN US81141R1005
* 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 ($80.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $95.25. Options: 41 managers hold calls ($1.1bn notional), 32 hold puts ($852.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 528 |
| Q4 2022 | 528 |
| Q1 2023 | 596 |
| Q2 2023 | 573 |
| Q3 2023 | 494 |
| Q4 2023 | 473 |
| Q1 2024 | 518 |
| Q2 2024 | 569 |
| Q3 2024 | 616 |
| Q4 2024 | 688 |
| Q1 2025 | 759 |
| Q2 2025 | 860 |
| Q3 2025 | 905 |
| Q4 2025 | 874 |
| Q1 2026 | 753 |
| Q2 2026 | 777 |
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 | 340 | 236 |
| Q4 2024 | 352 | 259 |
| Q1 2025 | 436 | 285 |
| Q2 2025 | 494 | 309 |
| Q3 2025 | 490 | 380 |
| Q4 2025 | 418 | 473 |
| Q1 2026 | 408 | 431 |
| Q2 2026 | 426 | 314 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.5bn | $2.4bn | 0.96 |
| Q4 2025 | $1.1bn | $953.0m | 0.89 |
| Q1 2026 | $820.5m | $787.0m | 0.96 |
| Q2 2026 | $1.1bn | $852.9m | 0.81 |
Biggest buyers
| First Beijing Investment Ltd | Added | +2.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.2m |
| Capital Research Global Investors | Added | +2.2m |
| BANK OF AMERICA CORP /DE/ | Added | +2.1m |
| Harding Loevner LP | Added | +1.8m |
| Carrhae Capital LLP | New | +1.5m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.4m |
| FMR LLC | Added | +1.4m |
| Point72 Asset Management, L.P. | Added | +1.2m |
| VIKING GLOBAL INVESTORS LP | Added | +932.7k |
Biggest sellers
| EMINENCE CAPITAL, LP | Sold out | -4.1m |
| TIGER GLOBAL MANAGEMENT LLC | Reduced | -2.9m |
| D1 Capital Partners L.P. | Reduced | -2.4m |
| UBS Group AG | Reduced | -2.0m |
| SANDS CAPITAL MANAGEMENT, LLC | Reduced | -1.7m |
| BARCLAYS PLC | Reduced | -1.4m |
| Orbis Allan Gray Ltd | Reduced | -1.3m |
| BAILLIE GIFFORD & CO | Reduced | -1.2m |
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| CITADEL ADVISORS LLC | Reduced | -1.1m |
Biggest calls
| CITADEL ADVISORS LLC | Added | $428.9m4.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $179.7m1.9m shares |
| JANE STREET GROUP, LLC | Added | $123.8m1.3m shares |
| IMC-Chicago, LLC | Added | $62.5m652.5k shares |
| Bienville Capital Management, LLC | Added | $29.1m303.4k shares |
| Squarepoint Ops LLC | Reduced | $25.6m267.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $25.6m266.7k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $18.6m194.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.0m177.4k shares |
| D. E. Shaw & Co., Inc. | Added | $14.8m154.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $266.7m2.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $160.2m1.7m shares |
| JANE STREET GROUP, LLC | Added | $131.8m1.4m shares |
| IMC-Chicago, LLC | Reduced | $55.1m575.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $45.4m473.9k shares |
| Walleye Trading LLC | Added | $34.2m357.4k shares |
| Parallax Volatility Advisers, L.P. | Added | $29.0m302.5k shares |
| GROUP ONE TRADING LLC | Added | $15.0m156.3k shares |
| JPMORGAN CHASE & CO | Reduced | $14.4m155.0k shares |
| SIMPLEX TRADING, LLC | Added | $13.2m137.8k 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 |
|---|---|
| Li Xiaodong 13D · may seek influence filed 2026-01-02 | 16.1% |
| BAILLIE GIFFORD & CO 13G · institution -1.2 pts · filed 2026-10-21 | 6.6% |
| WCM INVESTMENT MANAGEMENT, LLC 13G · institution new · filed 2026-04-06 | 6.2% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution new · filed 2026-05-15 | 6.1% |
Fell to 5% or below in the last year: Ye Gang (4.4%, 2026-01-16)
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 4 | $12.9m | $12.9m |
| Q2 2026 | 0 | — | 5 | $172.2m | $172.2m |
| Q3 2026 | 0 | — | 9 | $347.0m | $342.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-28 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $98.6k1.0k shares |
| 2026-09-25 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $120.1k1.2k shares |
| 2026-09-24 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $121.6k1.2k shares |
| 2026-09-23 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $123.3k1.2k shares |
| 2026-09-22 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.1m30.0k shares |
| 2026-09-22 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $124.2k1.2k shares |
| 2026-09-21 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.1m30.0k shares |
| 2026-09-21 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $122.4k1.2k shares |
| 2026-09-18 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.0m30.0k shares |
| 2026-09-18 | Ye Gang COO, director · By BVI entity | Sold plan | $2.0m20.0k shares |
| 2026-09-18 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $121.6k1.2k shares |
| 2026-09-17 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.0m30.0k shares |
| 2026-09-17 | Ye Gang COO, director · By BVI entity | Sold plan | $2.0m20.0k shares |
| 2026-09-17 | Hou Tianyu CFO · By BVI entity | Sold plan | $1.5m15.0k shares |
| 2026-09-17 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $121.9k1.2k shares |
| 2026-09-16 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.1m30.0k shares |
| 2026-09-16 | Ye Gang COO, director · By BVI entity | Sold plan | $2.1m20.0k shares |
| 2026-09-16 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $124.9k1.2k shares |
| 2026-09-15 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.1m30.0k shares |
| 2026-09-15 | Ye Gang COO, director · By BVI entity | Sold plan | $2.1m20.0k shares |
| 2026-09-15 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $124.6k1.2k shares |
| 2026-09-14 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.2m30.0k shares |
| 2026-09-14 | Ye Gang COO, director · By BVI entity | Sold plan | $2.2m20.0k shares |
| 2026-09-14 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $162.5k1.5k shares |
| 2026-09-11 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.2m30.0k shares |
| 2026-09-11 | Ye Gang COO, director · By BVI entity | Sold plan | $2.1m20.0k shares |
| 2026-09-11 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $128.9k1.2k shares |
| 2026-09-10 | Chen Jingye CPO, Shopee · By BVI entity | Sold plan | $3.2m30.0k shares |
| 2026-09-10 | Ye Gang COO, director · By BVI entity | Sold plan | $2.2m20.0k shares |
| 2026-09-10 | Wang Yanjun CCO and GC · By BVI entity | Sold plan | $129.6k1.2k shares |
The latest 30 of 325 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BAILLIE GIFFORD & CO 3.34% of their portfolio | 38.4m $3.7bn | Reduced -1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.34% of their portfolio | 35.6m $3.4bn | Added +2.2m |
| WCM INVESTMENT MANAGEMENT, LLC 5.71% of their portfolio | 33.9m $3.1bn | Added +134.7k |
| BlackRock, Inc. 0.03% of their portfolio | 21.2m $2.0bn | Added +240.9k |
| FMR LLC 0.06% of their portfolio | 15.4m $1.5bn | Added +1.4m |
| TIGER GLOBAL MANAGEMENT LLC 5.02% of their portfolio | 12.6m $1.2bn | Reduced -2.9m |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 8.2m $760.9m | Reduced -1.2m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.50% of their portfolio | 7.6m $710.8m | Added +1.4m |
| STATE STREET CORP 0.02% of their portfolio | 7.3m $697.7m | Added +27.0k |
| Temasek Holdings (Private) Ltd 1.51% of their portfolio | 5.7m $550.5m | Added +461.7k |
| VIKING GLOBAL INVESTORS LP 1.55% of their portfolio | 5.7m $543.3m | Added +932.7k |
| NORGES BANK 0.05% of their portfolio | 5.6m $540.1m | Not comparable |
| Artisan Partners Limited Partnership 0.85% of their portfolio | 5.5m $523.8m | Added +111.5k |
| MORGAN STANLEY 0.03% of their portfolio | 5.0m $477.6m | Added +356.9k |
| Aspex Management (HK) Ltd 5.26% of their portfolio | 4.9m $466.7m | Unchanged |
| Capital Research Global Investors 0.06% of their portfolio | 4.4m $426.2m | Added +2.2m |
| FIL Ltd 0.27% of their portfolio | 3.9m $373.5m | Added +8.8k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 3.8m $368.0m | Reduced -101.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.8m $360.6m | Added +38.5k |
| Kora Management LP 43.12% of their portfolio | 3.8m $363.5m | Added +229.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.7m $358.9m | Added +2.1m |
| FRED ALGER MANAGEMENT, LLC 1.15% of their portfolio | 3.6m $345.9m | Added +239.0k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.5m $336.6m | Reduced -96.4k |
| Coronation Fund Managers Ltd. 11.96% of their portfolio | 3.3m $313.3m | Added +153.0k |
| Harding Loevner LP 2.92% of their portfolio | 3.2m $311.0m | Added +1.8m |
| First Beijing Investment Ltd 12.19% of their portfolio | 3.1m $297.9m | Added +2.9m |
| Point72 Asset Management, L.P. 0.44% of their portfolio | 3.0m $289.6m | Added +1.2m |
| SANDS CAPITAL MANAGEMENT, LLC 1.07% of their portfolio | 3.0m $287.3m | Reduced -1.7m |
| MARSHALL WACE, LLP 0.22% of their portfolio | 2.8m $266.6m | Added +309.3k |
| SEI INVESTMENTS CO 0.23% of their portfolio | 2.8m $266.0m | Added +35.7k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 2.7m $260.3m | Added +690.8k |
| INFINITUM ASSET MANAGEMENT, LLC 20.50% of their portfolio | 2.7m $201.6m | Added +702.3k |
| UBS Group AG 0.04% of their portfolio | 2.7m $259.2m | Reduced -2.0m |
| TWO SIGMA INVESTMENTS, LP 0.17% of their portfolio | 2.3m $224.8m | Reduced -957.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.49% of their portfolio | 2.3m $223.9m | Reduced -86.3k |
| PRUDENTIAL PLC 1.39% of their portfolio | 2.2m $209.7m | Reduced -77.3k |
| Nuveen, LLC 0.05% of their portfolio | 2.1m $202.1m | Reduced -28.6k |
| Davis Selected Advisers 0.83% of their portfolio | 2.0m $192.8m | Added +162.0k |
| OVERSEA-CHINESE BANKING Corp Ltd 4.39% of their portfolio | 1.9m $184.5m | Added +86.2k |
| Legal & General Group Plc 0.04% of their portfolio | 1.9m $182.1m | Reduced -61.9k |
| Kontiki Capital Management (HK) Ltd. 11.92% of their portfolio | 1.9m $181.7m | Reduced -227.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 1.8m $171.6m | Reduced -533.5k |
| SCGE MANAGEMENT, L.P. 2.88% of their portfolio | 1.8m $170.1m | Unchanged |
| CITIGROUP INC 0.08% of their portfolio | 1.7m $164.4m | Reduced -201.8k |
| Charles-Lim Capital Ltd 51.22% of their portfolio | 1.7m $163.6m | Reduced -43.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.7m $163.0m | Added +13.4k |
| WFM ASIA (BVI) Ltd 24.46% of their portfolio | 1.7m $162.1m | Unchanged |
| D1 Capital Partners L.P. 0.46% of their portfolio | 1.7m $160.8m | Reduced -2.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.6m $157.8m | Added +56.3k |
| Dorsal Capital Management, LP 5.34% of their portfolio | 1.6m $148.5m | Added +225.0k |
| WASATCH ADVISORS LP 0.92% of their portfolio | 1.5m $141.0m | Reduced -151.1k |
| Carrhae Capital LLP 9.26% of their portfolio | 1.5m $140.5m | New |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.4m $138.3m | Reduced -147.4k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.4m $130.7m | Added +569.4k |
| Clearbridge Investments, LLC 0.11% of their portfolio | 1.4m $135.5m | Reduced -468.3k |
| Swiss National Bank 0.07% of their portfolio | 1.3m $127.5m | Reduced -118.5k |
| Arohi Asset Management PTE Ltd. 46.01% of their portfolio | 1.3m $125.7m | Added +47.7k |
| TORONTO DOMINION BANK 0.21% of their portfolio | 1.3m $125.7m | Reduced -111.0k |
| Ribbit Management Company, LLC 6.01% of their portfolio | 1.3m $123.4m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 1.2m $119.7m | Added +160.2k |
| Bridgewater Associates, LP 0.47% of their portfolio | 1.2m $115.4m | Reduced -133.6k |
| Kinetic Partners Management, LP 2.73% of their portfolio | 1.2m $114.5m | Reduced -57.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.2m $113.9m | Added +75.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.2m $111.1m | Added +26.2k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $108.7m | Reduced -737.4k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.1m $108.3m | Added +278.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio | 1.1m $105.8m | Added +23.3k |
| Duquesne Family Office LLC 2.42% of their portfolio | 1.1m $105.4m | Unchanged |
| SG Americas Securities, LLC 0.06% of their portfolio | 1.1m $103.1m | Reduced -566.8k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 950.3k $91.1m | Reduced -278.5k |
| Tree Line Advisors (Hong Kong) Ltd. 25.65% of their portfolio | 940.0k $90.1m | Unchanged |
| Baird Financial Group, Inc. 0.12% of their portfolio | 879.1k $84.2m | Added +51.0k |
| Polar Capital Holdings Plc 0.24% of their portfolio | 874.2k $83.8m | Added +82.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 799.6k $76.6m | Reduced -726.5k |
| North Peak Capital Management, LLC 8.04% of their portfolio | 754.6k $72.3m | Added +144.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.05% of their portfolio | 732.6k $70.2m | Reduced -52.0k |
| State of Tennessee, Department of Treasury 0.20% of their portfolio | 717.4k $68.7m | Reduced -29.8k |
| AustralianSuper Pty Ltd 0.30% of their portfolio | 714.2k $68.4m | Added +683.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.10% of their portfolio | 694.5k $66.5m | Added +111.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 676.2k $64.8m | Reduced -25.7k |
| AVIVA PLC 0.09% of their portfolio | 661.9k $63.4m | Reduced -18.2k |
| Carmignac Gestion 0.81% of their portfolio | 651.8k $62.3m | Added +14.2k |
| Allspring Global Investments Holdings, LLC 0.10% of their portfolio | 642.6k $65.8m | Reduced -1.9k |
| OAKTREE CAPITAL MANAGEMENT LP 1.15% of their portfolio | 635.4k $60.9m | New |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 624.4k $59.8m | Added +621.1k |
| USS Investment Management Ltd 0.24% of their portfolio | 623.7k $59.7m | Added +270.0k |
| National Pension Service 0.04% of their portfolio | 605.4k $58.0m | Added +54.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 603.9k $55.0m | Added +26.9k |
| Blue Grotto Capital, LLC 4.82% of their portfolio | 602.4k $57.7m | Added +458.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 563.4k $54.0m | Added +495.0k |
| BARCLAYS PLC 0.02% of their portfolio | 550.0k $52.7m | Reduced -1.4m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 543.4k $51.9m | Added +123.7k |
| AIA Group Ltd 0.65% of their portfolio | 540.8k $51.8m | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio | 529.7k $50.6m | Added +504.1k |
| Orbis Allan Gray Ltd 0.17% of their portfolio | 513.3k $49.2m | Reduced -1.3m |
| LONE PINE CAPITAL LLC 0.29% of their portfolio | 494.6k $47.4m | New |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 464.8k $44.5m | Reduced -274.1k |
| TD Asset Management Inc 0.04% of their portfolio | 452.0k $43.3m | Reduced -23.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 440.3k $42.2m | Added +19.1k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 436.5k $41.8m | Added +35.7k |