Vault-13

SMART SH GLOBAL LTD EM

ADS · ADR · CUSIP 83193E102

0 institutional holders -18 vs Q1 2026
—reported value*
0 new 0 added 0 reduced 18 sold out net sold ≈ $14.8m (-13.1m 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. Holder counts are more reliable.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 10Q4 22: 11Q1 23: 12Q2 23: 14Q3 23: 11Q4 23: 12Q1 24: 15Q2 24: 12Q3 24: 12Q4 24: 10Q1 25: 18Q2 25: 16Q3 25: 24Q4 25: 22Q1 26: 18Q2 26: 00Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202210
Q4 202211
Q1 202312
Q2 202314
Q3 202311
Q4 202312
Q1 202415
Q2 202412
Q3 202412
Q4 202410
Q1 202518
Q2 202516
Q3 202524
Q4 202522
Q1 202618
Q2 20260

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 4 bought or addedQ3 24: 4 cut or sold outQ4 24: 2 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 10 bought or addedQ1 25: 3 cut or sold outQ2 25: 5 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 16 bought or addedQ3 25: 8 cut or sold outQ4 25: 14 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 6 bought or addedQ1 26: 14 cut or sold outQ2 26: 0 bought or addedQ2 26: 18 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202444
Q4 202424
Q1 2025103
Q2 202559
Q3 2025168
Q4 20251413
Q1 2026614
Q2 2026018

Biggest buyers

None

Biggest sellers

GLAZER CAPITAL, LLC Sold out -11,301,928-11.3m
Verdad Advisers, LP Sold out -408,078-408.1k
GAM Holding AG Sold out -407,649-407.6k
Rangeley Capital, LLC Sold out -307,000-307.0k
Verition Fund Management LLC Sold out -234,419-234.4k
MILLENNIUM MANAGEMENT LLC Sold out -119,128-119.1k
JBF Capital, Inc. Sold out -51,855-51.9k
Sunstone Asset Management, LP Sold out -48,918-48.9k
XTX Topco Ltd Sold out -47,659-47.7k
UBS Group AG Sold out -42,978-43.0k

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
HILLHOUSE INVESTMENT MANAGEMENT, LTD. 13D · may seek influence no change · filed 2025-11-24
Stated purposeItem 4 of the Schedule 13D is hereby supplemented by adding the following: On October 1, 2025, the Issuer filed the Schedule 13E-3 with the SEC, which included a preliminary proxy statement relating to the extraordinary general meeting of the Issuer's shareholders, at which the Issuer's shareholders will consider and vote upon, among other things, a proposal to authorize and approve the Merger Agreement and the transactions contemplated thereby (the "Proxy Statement"). According to the Proxy Statement, the Special Committee determined that the Competing Proposal would fail to constitute a "Superior Proposal" under the Merger Agreement and that the Issuer should proceed with the transactions contemplated by the Merger Agreement. The Reporting Persons believe that the Special Commit… Full filing
 14.4% no change 62.4m 2025-11-24
GLAZER CAPITAL, LLC 13G · passive investor new · filed 2025-12-29 5.2% new 22.6m 2025-12-29

Fell to 5% or below in the last year: Silver Point Capital L.P. (0.0%, 2026-08-14), Xiaomi Corp (0.0%, 2026-07-29), Cai Mars Guangyuan (0.0%, 2026-04-29)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change