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 ($28.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.11. Options: 41 managers hold calls ($754.0m notional), 39 hold puts ($841.4m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 528 |
| Q4 2022 | 528 |
| Q1 2023 | 596 |
| Q2 2023 | 573 |
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 |
| Q2 2023 | 289 | 272 |
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 |
| Q2 2023 | $754.0m | $841.4m | 1.12 |
Biggest buyers
| Charles-Lim Capital Ltd | Added | +3.0m |
| MARSHALL WACE, LLP | Added | +2.8m |
| Atreides Management, LP | New | +2.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.9m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.6m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.4m |
| BlackRock Inc. | Added | +1.3m |
| Carmignac Gestion | Added | +1.0m |
| NORGES BANK | Added | +999.7k |
| Artisan Partners Limited Partnership | Added | +980.9k |
Biggest sellers
| FMR LLC | Reduced | -28.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -6.1m |
| Capital World Investors | Reduced | -6.0m |
| Capital Research Global Investors | Reduced | -5.2m |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. | Reduced | -2.8m |
| EdgePoint Investment Group Inc. | Sold out | -2.7m |
| MORGAN STANLEY | Reduced | -1.6m |
| OLP CAPITAL MANAGEMENT Ltd | Sold out | -1.0m |
| CREDIT SUISSE AG/ | Reduced | -754.9k |
| Whale Rock Capital Management LLC | Sold out | -750.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $132.7m2.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $121.3m2.1m shares |
| JANE STREET GROUP, LLC | Reduced | $84.7m1.5m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $46.0m792.0k shares |
| Walleye Trading LLC | Reduced | $45.2m779.4k shares |
| D. E. Shaw & Co., Inc. | Added | $38.5m662.8k shares |
| IMC-Chicago, LLC | Added | $31.9m549.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.6m493.6k shares |
| UBS Group AG | Added | $23.0m396.7k shares |
| Squarepoint Ops LLC | Added | $21.8m376.2k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $116.6m2.0m shares |
| CITADEL ADVISORS LLC | Added | $110.8m1.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $102.2m1.8m shares |
| JPMORGAN CHASE & CO | Added | $59.7m1.0m shares |
| SUMMIT SECURITIES GROUP LLC | Added | $52.2m900.0k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $49.7m856.6k shares |
| Squarepoint Ops LLC | Added | $44.8m771.5k shares |
| SIMPLEX TRADING, LLC | Added | $32.5m559.6k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $27.8m478.9k shares |
| Walleye Trading LLC | Reduced | $19.5m336.8k 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 in Q2 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 Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Capital Research Global Investors 0.57% of their portfolio | 36.8m $2.1bn | Reduced -5.2m |
| BAILLIE GIFFORD & CO 1.08% of their portfolio | 21.8m $1.3bn | Reduced -195.4k |
| BlackRock Inc. 0.03% of their portfolio | 16.5m $958.6m | Added +1.3m |
| FMR LLC 0.08% of their portfolio | 16.4m $951.0m | Reduced -28.5m |
| SANDS CAPITAL MANAGEMENT, LLC 2.81% of their portfolio | 15.6m $904.1m | Reduced -132.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 10.3m $598.3m | Reduced -6.1m |
| NORGES BANK 0.10% of their portfolio | 8.5m $496.0m | Added +999.7k |
| Capital International Investors 0.09% of their portfolio | 6.4m $372.5m | Reduced -286.8k |
| STATE STREET CORP 0.02% of their portfolio | 6.4m $369.9m | Reduced -277.4k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 6.2m $361.3m | Added +1.9m |
| Aspex Management (HK) Ltd 9.87% of their portfolio | 5.8m $339.3m | Added +345.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.48% of their portfolio | 5.8m $334.9m | Added +1.6m |
| Charles-Lim Capital Ltd 42.84% of their portfolio | 5.0m $290.2m | Added +3.0m |
| MORGAN STANLEY 0.03% of their portfolio | 4.7m $271.9m | Reduced -1.6m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 4.5m $262.8m | Added +433.6k |
| Artisan Partners Limited Partnership 0.38% of their portfolio | 4.0m $234.5m | Added +980.9k |
| WFM ASIA (BVI) Ltd 24.51% of their portfolio | 3.9m $226.6m | Added +319.2k |
| Kora Management LP 60.21% of their portfolio | 3.9m $223.7m | Reduced -120.0k |
| Temasek Holdings (Private) Ltd 1.20% of their portfolio | 3.6m $206.9m | Added +467.9k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 3.5m $200.6m | Added +745.1k |
| PRUDENTIAL PLC 2.31% of their portfolio | 3.4m $195.8m | Added +197.7k |
| TIGER GLOBAL MANAGEMENT LLC 1.64% of their portfolio | 3.4m $195.7m | Unchanged |
| MARSHALL WACE, LLP 0.42% of their portfolio | 3.3m $193.8m | Added +2.8m |
| Kontiki Capital Management (HK) Ltd. 18.45% of their portfolio | 3.2m $184.8m | Reduced -73.3k |
| Clearbridge Investments, LLC 0.16% of their portfolio | 3.0m $173.7m | Reduced -115.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.5m $142.5m | Added +146.2k |
| SCGE MANAGEMENT, L.P. 3.08% of their portfolio | 2.3m $130.9m | Reduced -505.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.2m $130.2m | Reduced -78.6k |
| Legal & General Group Plc 0.04% of their portfolio | 2.1m $124.6m | Added +110.0k |
| Atreides Management, LP 3.71% of their portfolio | 2.1m $122.3m | New |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 10.00% of their portfolio | 1.9m $109.6m | Reduced -2.8m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.16% of their portfolio | 1.8m $106.8m | Added +486.2k |
| ShawSpring Partners LLC 14.54% of their portfolio | 1.8m $106.7m | Reduced -4.8k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 1.8m $104.0m | Added +89.8k |
| AIA Group Ltd 4.97% of their portfolio | 1.8m $102.6m | Added +163.0k |
| SG Americas Securities, LLC 0.81% of their portfolio | 1.6m $95.2m | Added +489.1k |
| Hardman Johnston Global Advisors LLC 3.00% of their portfolio | 1.6m $92.5m | Reduced -40.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 1.6m $91.4m | Added +1.4m |
| Carmignac Gestion 1.43% of their portfolio | 1.4m $83.0m | Added +1.0m |
| Tekne Capital Management, LLC 25.53% of their portfolio | 1.4m $82.2m | Reduced -177.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.4m $80.3m | Reduced -27.1k |
| Invesco Ltd. 0.02% of their portfolio | 1.4m $80.1m | Added +165.7k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.4m $79.4m | Reduced -109.9k |
| BESSEMER GROUP INC 0.16% of their portfolio | 1.3m $76.5m | Added +15.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.3m $76.5m | Added +71.9k |
| Arisaig Partners (Asia) Pte Ltd. 36.47% of their portfolio | 1.3m $76.1m | Reduced -357.1k |
| Swiss National Bank 0.05% of their portfolio | 1.3m $75.6m | Reduced -113.8k |
| Fullerton Fund Management Co Ltd. 5.28% of their portfolio | 1.3m $75.5m | Added +14.4k |
| FIL Ltd 0.08% of their portfolio | 1.3m $75.0m | Added +95.2k |
| OVERSEA-CHINESE BANKING Corp Ltd 3.64% of their portfolio | 1.3m $74.7m | Added +62.3k |
| AVIVA PLC 0.28% of their portfolio | 1.2m $68.6m | Added +111.0k |
| WASATCH ADVISORS LP 0.40% of their portfolio | 1.1m $66.6m | Added +365.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 1.0m $59.8m | Reduced -218.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 989.7k $57.4m | Added +19.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 930.4k $54.0m | Added +30.8k |
| Coronation Fund Managers Ltd. 1.45% of their portfolio | 926.0k $53.7m | Added +314.4k |
| SUMMIT SECURITIES GROUP LLC 21.56% of their portfolio | 890.0k $51.7m | Added +320.2k |
| SEI INVESTMENTS CO 0.09% of their portfolio | 875.8k $50.8m | Reduced -128.2k |
| Somerset Capital Management LLP 7.97% of their portfolio | 869.5k $50.3m | Reduced -33.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 867.2k $49.8m | Added +758.0k |
| NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio | 858.3k $49.6m | Added +594.2k |
| OAKMONT Corp 6.23% of their portfolio | 840.3k $48.8m | Unchanged |
| PUBLIC INVESTMENT FUND 0.12% of their portfolio | 833.3k $48.4m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 791.5k $68.5m | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 788.4k $45.8m | Reduced -23.5k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 770.9k $44.7m | Added +98.5k |
| Tree Line Advisors (Hong Kong) Ltd. 30.97% of their portfolio | 770.0k $44.7m | Unchanged |
| GREENOAKS LLC 5.32% of their portfolio | 756.9k $43.9m | Unchanged |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 746.4k $43.3m | Added +551.0k |
| Capital International, Inc./CA/ 0.78% of their portfolio | 737.7k $42.8m | Added +114.5k |
| E Fund Management Co., Ltd. 3.38% of their portfolio | 737.0k $42.8m | Reduced -19.4k |
| Holocene Advisors, LP 0.18% of their portfolio | 720.2k $41.8m | Added +690.6k |
| UBS Group AG 0.02% of their portfolio | 704.0k $40.9m | Reduced -96.6k |
| COATUE MANAGEMENT LLC 0.19% of their portfolio | 678.3k $39.4m | Unchanged |
| TD Asset Management Inc 0.04% of their portfolio | 675.4k $39.2m | Added +2.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 671.2k $39.0m | Reduced -55.8k |
| VAN ECK ASSOCIATES CORP 0.08% of their portfolio | 652.5k $37.9m | Added +39.9k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 648.9k $37.7m | Added +205.0k |
| Ardevora Asset Management LLP 0.91% of their portfolio | 648.4k $37.6m | Added +173.4k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 615.0k $35.7m | Added +382.5k |
| ALKEON CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 563.2k $32.7m | Reduced -603.7k |
| Man Group plc 0.10% of their portfolio | 557.4k $32.4m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 532.3k $30.9m | Reduced -69.8k |
| National Pension Service 0.05% of their portfolio | 525.2k $29.9m | Added +66.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 515.5k $29.9m | Added +157.2k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 509.8k $29.6m | Reduced -754.9k |
| MARTIN CURRIE LTD 1.00% of their portfolio | 509.5k $29.6m | Added +25.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.23% of their portfolio | 498.8k $29.0m | Added +149.2k |
| TWINBEECH CAPITAL LP 0.52% of their portfolio | 453.9k $26.3m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 447.9k $26.0m | Added +303.9k |
| TYBOURNE CAPITAL MANAGEMENT (HK) LTD 2.78% of their portfolio | 443.8k $25.8m | Reduced -47.9k |
| CYPRESS FUNDS LLC 3.19% of their portfolio | 437.9k $25.4m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 427.2k $24.8m | Reduced -8.2k |
| BARINGS LLC 0.84% of their portfolio | 427.1k $24.8m | Added +34.0k |
| Baird Financial Group, Inc. 0.07% of their portfolio | 425.4k $24.7m | Added +186.7k |
| Squarepoint Ops LLC 0.13% of their portfolio | 417.3k $24.2m | Added +364.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 406.6k $23.6m | Added +10.1k |
| JUPITER ASSET MANAGEMENT LTD 0.26% of their portfolio | 404.7k $23.5m | Added +395.2k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 391.5k $22.7m | New |
| Marcho Partners LLP 5.19% of their portfolio | 362.0k $21.0m | Added +72.0k |