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 ($27.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.62. Options: 40 managers hold calls ($1.3bn notional), 38 hold puts ($1.1bn).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 528 |
| Q4 2022 | 528 |
| Q1 2023 | 596 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 225 | 269 |
| Q1 2023 | 338 | 219 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $876.4m | $779.5m | 0.89 |
| Q4 2022 | $1.1bn | $773.1m | 0.68 |
| Q1 2023 | $1.3bn | $1.1bn | 0.83 |
Biggest buyers
| FMR LLC | Added | +26.5m |
| NORGES BANK | Added | +3.0m |
| BAILLIE GIFFORD & CO | Added | +1.7m |
| Nuveen Asset Management, LLC | Added | +1.2m |
| Capital Research Global Investors | Added | +1.2m |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. | Added | +1.0m |
| SG Americas Securities, LLC | Added | +856.7k |
| AXIOM INVESTORS LLC /DE | New | +835.7k |
| Whale Rock Capital Management LLC | New | +750.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +715.5k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -5.0m |
| Charles-Lim Capital Ltd | Reduced | -2.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.0m |
| UBS Group AG | Reduced | -2.0m |
| Capital World Investors | Reduced | -2.0m |
| OLP CAPITAL MANAGEMENT Ltd | Reduced | -1.6m |
| WOLVERINE TRADING, LLC | Reduced | -1.5m |
| Discovery Value Fund | Reduced | -1.3m |
| Aspex Management (HK) Ltd | Reduced | -998.1k |
| ShawSpring Partners LLC | Reduced | -890.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $299.8m3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $188.1m2.2m shares |
| JANE STREET GROUP, LLC | Reduced | $131.1m1.5m shares |
| Walleye Trading LLC | Added | $89.4m1.0m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $73.7m851.9k shares |
| CTC LLC | Reduced | $63.0m7.3k shares |
| SIMPLEX TRADING, LLC | Added | $55.2m637.6k shares |
| D. E. Shaw & Co., Inc. | Reduced | $48.7m562.5k shares |
| IMC-Chicago, LLC | Reduced | $47.5m548.3k shares |
| PEAK6 Investments LLC | Added | $43.9m506.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $190.2m2.2m shares |
| CITADEL ADVISORS LLC | Reduced | $149.5m1.7m shares |
| JANE STREET GROUP, LLC | Added | $86.0m993.5k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $82.8m956.8k shares |
| JPMORGAN CHASE & CO | Unchanged | $75.5m872.0k shares |
| CTC LLC | Reduced | $55.7m6.4k shares |
| SUMMIT SECURITIES GROUP LLC | Unchanged | $51.9m600.0k shares |
| SIMPLEX TRADING, LLC | Added | $45.0m520.5k shares |
| Walleye Trading LLC | Added | $44.0m507.8k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $36.4m420.6k 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.
| 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 in Q1 2023
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 Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.18% of their portfolio | 44.9m $3.9bn | Added +26.5m |
| Capital Research Global Investors 1.04% of their portfolio | 42.0m $3.6bn | Added +1.2m |
| BAILLIE GIFFORD & CO 1.72% of their portfolio | 22.0m $1.9bn | Added +1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio | 16.4m $1.4bn | Reduced -5.0m |
| SANDS CAPITAL MANAGEMENT, LLC 4.48% of their portfolio | 15.7m $1.4bn | Added +673.8k |
| BlackRock Inc. 0.04% of their portfolio | 15.2m $1.3bn | Added +245.3k |
| NORGES BANK 0.14% of their portfolio | 7.5m $653.2m | Added +3.0m |
| Capital International Investors 0.15% of their portfolio | 6.7m $580.3m | Reduced -384.2k |
| STATE STREET CORP 0.03% of their portfolio | 6.7m $575.6m | Reduced -242.9k |
| MORGAN STANLEY 0.06% of their portfolio | 6.3m $545.0m | Reduced -715.9k |
| Capital World Investors 0.11% of their portfolio | 6.2m $537.6m | Reduced -2.0m |
| Aspex Management (HK) Ltd 11.69% of their portfolio | 5.5m $476.1m | Reduced -998.1k |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 36.45% of their portfolio | 4.7m $406.6m | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 4.3m $370.3m | Reduced -2.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.54% of their portfolio | 4.2m $362.8m | Added +585.9k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 4.1m $354.4m | Reduced -178.2k |
| Kora Management LP 79.04% of their portfolio | 4.0m $344.0m | Unchanged |
| WFM ASIA (BVI) Ltd 28.37% of their portfolio | 3.6m $310.4m | Unchanged |
| TIGER GLOBAL MANAGEMENT LLC 2.65% of their portfolio | 3.4m $291.8m | Reduced -188.1k |
| Kontiki Capital Management (HK) Ltd. 28.53% of their portfolio | 3.3m $282.0m | Added +74.9k |
| PRUDENTIAL PLC 3.23% of their portfolio | 3.2m $274.9m | Added +285.5k |
| Clearbridge Investments, LLC 0.26% of their portfolio | 3.1m $269.0m | Reduced -78.2k |
| Temasek Holdings (Private) Ltd 1.59% of their portfolio | 3.1m $268.0m | Unchanged |
| Artisan Partners Limited Partnership 0.44% of their portfolio | 3.1m $264.8m | Reduced -876.8k |
| SCGE MANAGEMENT, L.P. 6.56% of their portfolio | 2.8m $238.9m | Unchanged |
| EdgePoint Investment Group Inc. 2.36% of their portfolio | 2.7m $235.1m | Reduced -830.2k |
| Nuveen Asset Management, LLC 0.09% of their portfolio | 2.7m $234.7m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 2.3m $200.2m | Added +64.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.3m $200.9m | Reduced -293.3k |
| Legal & General Group Plc 0.06% of their portfolio | 2.0m $176.3m | Added +80.7k |
| Charles-Lim Capital Ltd 24.93% of their portfolio | 2.0m $173.1m | Reduced -2.2m |
| ShawSpring Partners LLC 21.02% of their portfolio | 1.8m $159.5m | Reduced -890.0k |
| HSBC HOLDINGS PLC 0.19% of their portfolio | 1.7m $147.1m | Reduced -344.6k |
| Arisaig Partners (Asia) Pte Ltd. 49.83% of their portfolio | 1.7m $144.3m | Unchanged |
| Hardman Johnston Global Advisors LLC 4.62% of their portfolio | 1.6m $141.4m | Added +570.3k |
| AIA Group Ltd 7.53% of their portfolio | 1.6m $138.8m | Reduced -124.5k |
| Tekne Capital Management, LLC 37.66% of their portfolio | 1.6m $138.0m | Added +360.2k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 1.5m $127.8m | Reduced -53.8k |
| Swiss National Bank 0.08% of their portfolio | 1.4m $122.6m | Reduced -33.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.4m $122.2m | Reduced -108.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.19% of their portfolio | 1.4m $117.1m | Added +391.2k |
| BESSEMER GROUP INC 0.27% of their portfolio | 1.3m $112.8m | Added +75.8k |
| Fullerton Fund Management Co Ltd. 8.48% of their portfolio | 1.3m $111.4m | Reduced -41.9k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 1.3m $109.5m | Reduced -186.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.2m $108.1m | Added +27.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 1.2m $107.8m | Added +35.7k |
| OVERSEA-CHINESE BANKING Corp Ltd 5.35% of their portfolio | 1.2m $106.1m | Added +79.3k |
| Invesco Ltd. 0.03% of their portfolio | 1.2m $105.0m | Added +586.9k |
| FIL Ltd 0.12% of their portfolio | 1.2m $103.6m | Reduced -32.7k |
| ALKEON CAPITAL MANAGEMENT LLC 0.65% of their portfolio | 1.2m $101.0m | Added +317.8k |
| SG Americas Securities, LLC 1.34% of their portfolio | 1.2m $99.6m | Added +856.7k |
| AVIVA PLC 0.42% of their portfolio | 1.1m $92.7m | Added +16.1k |
| SEI INVESTMENTS CO 0.16% of their portfolio | 1.0m $86.9m | Added +225.0k |
| OLP CAPITAL MANAGEMENT Ltd 20.54% of their portfolio | 1.0m $86.5m | Reduced -1.6m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 969.8k $83.9m | Added +5.2k |
| Somerset Capital Management LLP 10.83% of their portfolio | 902.7k $78.0m | Added +104.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 899.6k $77.9m | Added +23.8k |
| OAKMONT Corp 9.74% of their portfolio | 840.3k $72.7m | Unchanged |
| AXIOM INVESTORS LLC /DE 1.19% of their portfolio | 835.7k $72.3m | New |
| PUBLIC INVESTMENT FUND 0.20% of their portfolio | 833.3k $72.1m | Added +593.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.17% of their portfolio | 811.9k $70.3m | Reduced -45.0k |
| UBS Group AG 0.03% of their portfolio | 800.6k $69.3m | Reduced -2.0m |
| Discovery Value Fund 34.68% of their portfolio | 795.5k $68.8m | Reduced -1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 791.5k $68.5m | Added +34.5k |
| WASATCH ADVISORS LP 0.42% of their portfolio | 782.3k $67.7m | Added +102.3k |
| Tree Line Advisors (Hong Kong) Ltd. 51.91% of their portfolio | 770.0k $66.6m | Unchanged |
| GREENOAKS LLC 9.54% of their portfolio | 756.9k $65.5m | Unchanged |
| E Fund Management Co., Ltd. 4.78% of their portfolio | 756.4k $65.5m | Added +15.8k |
| Whale Rock Capital Management LLC 1.43% of their portfolio | 750.5k $65.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 727.0k $62.9m | Added +715.5k |
| COATUE MANAGEMENT LLC 0.39% of their portfolio | 678.3k $58.7m | Added +618.3k |
| TD Asset Management Inc 0.07% of their portfolio | 673.4k $58.3m | Reduced -788.5k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 672.4k $58.2m | Added +3.4k |
| Capital International, Inc./CA/ 1.08% of their portfolio | 623.2k $53.9m | Reduced -47.9k |
| VAN ECK ASSOCIATES CORP 0.12% of their portfolio | 612.6k $53.0m | Added +24.3k |
| Coronation Fund Managers Ltd. 1.41% of their portfolio | 611.7k $52.9m | Reduced -593.7k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 602.1k $52.1m | Added +400.4k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 584.4k $50.6m | Added +262.6k |
| SUMMIT SECURITIES GROUP LLC 13.67% of their portfolio | 569.8k $49.3m | Reduced -8.2k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.51% of their portfolio | 568.9k $49.2m | Added +130 |
| Man Group plc 0.16% of their portfolio | 521.1k $45.1m | New |
| C WorldWide Group Holding A/S 0.60% of their portfolio | 506.5k $43.8m | Reduced -6.9k |
| TYBOURNE CAPITAL MANAGEMENT (HK) LTD 4.28% of their portfolio | 491.7k $42.6m | Reduced -89.5k |
| Polar Capital Holdings Plc 0.31% of their portfolio | 491.1k $42.5m | Added +20.8k |
| MARTIN CURRIE LTD 1.50% of their portfolio | 484.3k $41.9m | Added +25.0k |
| Ardevora Asset Management LLP 0.74% of their portfolio | 475.0k $41.1m | Reduced -184.6k |
| National Pension Service 0.07% of their portfolio | 458.6k $39.7m | Unchanged |
| Allianz Asset Management GmbH 0.08% of their portfolio | 443.9k $38.4m | Added +89.5k |
| CYPRESS FUNDS LLC 5.35% of their portfolio | 437.9k $37.9m | Reduced -55.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 435.4k $37.7m | Reduced -16.2k |
| Greenwoods Asset Management Hong Kong Ltd. 2.14% of their portfolio | 426.8k $36.9m | Reduced -762.6k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 422.5k $36.6m | Added +144.8k |
| BSN CAPITAL PARTNERS Ltd 71.33% of their portfolio | 422.3k $32.8m | Reduced -704.7k |
| Carmignac Gestion 0.60% of their portfolio | 418.9k $36.3m | Added +11.2k |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 3.62% of their portfolio | 418.9k $36.3m | Added +22.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 396.5k $34.3m | Added +152.4k |
| BARINGS LLC 1.17% of their portfolio | 393.1k $34.0m | Reduced -25.6k |
| Driehaus Capital Management LLC 0.46% of their portfolio | 380.8k $33.0m | New |
| Korea Investment CORP 0.10% of their portfolio | 377.2k $32.6m | Added +198.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 358.3k $31.0m | Added +5.6k |