VIPSHOP HLDGS LTD VIPS
SPONSORED ADS A · ADR · CUSIP 92763W103 · ISIN US92763W1036
* 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 ($15.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.77. Options: 20 managers hold calls ($64.1m notional), 21 hold puts ($65.2m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 274 |
| Q4 2022 | 290 |
| Q1 2023 | 319 |
| Q2 2023 | 327 |
| Q3 2023 | 334 |
| Q4 2023 | 332 |
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 | 140 | 129 |
| Q1 2023 | 169 | 127 |
| Q2 2023 | 157 | 158 |
| Q3 2023 | 153 | 162 |
| Q4 2023 | 148 | 153 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $24.5m | $24.8m | 1.01 |
| Q2 2023 | $30.6m | $37.1m | 1.21 |
| Q3 2023 | $50.7m | $56.9m | 1.12 |
| Q4 2023 | $64.1m | $65.2m | 1.02 |
Biggest buyers
| MORGAN STANLEY | Added | +3.2m |
| FIL Ltd | Added | +2.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.3m |
| Invesco Ltd. | Added | +2.1m |
| Ariose Capital Management Ltd | New | +2.0m |
| Ninety One UK Ltd | Added | +1.3m |
| Candriam S.C.A. | Added | +1.2m |
| VANGUARD GROUP INC | Added | +1.2m |
| CITADEL ADVISORS LLC | Added | +1.1m |
| JPMORGAN CHASE & CO | Added | +1.1m |
Biggest sellers
| HARRIS ASSOCIATES L P | Sold out | -5.7m |
| FMR LLC | Reduced | -3.3m |
| Point72 Hong Kong Ltd | Reduced | -2.2m |
| CANADA LIFE ASSURANCE Co | Reduced | -1.5m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.2m |
| BlackRock Inc. | Reduced | -1.0m |
| First Beijing Investment Ltd | Sold out | -975.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -925.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -918.6k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $9.4m527.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.7m487.9k shares |
| PEAK6 Investments LLC | Added | $8.3m465.6k shares |
| Walleye Trading LLC | Added | $7.9m442.9k shares |
| JANE STREET GROUP, LLC | Added | $6.6m372.5k shares |
| Squarepoint Ops LLC | Reduced | $5.4m305.0k shares |
| CITADEL ADVISORS LLC | Added | $3.6m204.5k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m155.0k shares |
| ROYAL BANK OF CANADA | New | $2.7m150.0k shares |
| Taika Capital, LP | Reduced | $2.2m126.5k shares |
Biggest puts
| Walleye Trading LLC | Added | $12.0m676.4k shares |
| BARCLAYS PLC | Reduced | $8.9m500.0k shares |
| GROUP ONE TRADING LLC | Added | $8.4m474.1k shares |
| MILLENNIUM MANAGEMENT LLC | New | $7.5m419.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.3m296.0k shares |
| ROYAL BANK OF CANADA | Unchanged | $4.0m225.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.9m218.3k shares |
| PEAK6 Investments LLC | New | $3.6m205.5k shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m177.3k shares |
| JANE STREET GROUP, LLC | Added | $1.8m103.9k 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 |
|---|---|
| UBS Group AG 13G · institution +1.7 pts · filed 2026-05-07 | 20.0% |
| Elegant Motion Holdings Ltd 13G · exempt (held before listing) filed 2025-08-14 | 18.2% |
Tencent Holdings Ltd
13D · may seek influence
filed 2025-05-22
Stated purposeNo change Full filing |
14.8% |
| High Vivacity Holdings Ltd 13G · exempt (held before listing) filed 2025-08-14 | 11.1% |
| FIL Ltd 13G · institution +1.3 pts · filed 2026-08-06 | 6.5% |
Insider purchases and sales in Q4 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 Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 20.1m $357.7m | Reduced -1.0m |
| ACADIAN ASSET MANAGEMENT LLC 1.23% of their portfolio | 17.9m $317.5m | Added +223.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 13.5m $240.0m | Added +1.2m |
| Krane Funds Advisors LLC 9.42% of their portfolio | 12.7m $225.8m | Reduced -347.6k |
| Robeco Institutional Asset Management B.V. 0.52% of their portfolio | 12.1m $214.4m | Added +330.5k |
| FIL Ltd 0.20% of their portfolio | 10.9m $193.8m | Added +2.6m |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 10.4m $184.6m | Added +2.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 7.8m $137.7m | Reduced -4.6k |
| STATE STREET CORP 0.01% of their portfolio | 7.7m $136.5m | Reduced -180.2k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 6.9m $121.8m | Reduced -918.6k |
| Allspring Global Investments Holdings, LLC 0.19% of their portfolio | 6.3m $112.3m | Reduced -310.8k |
| MORGAN STANLEY 0.00% of their portfolio | 6.3m $111.6m | Added +3.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 5.2m $91.5m | Added +47.0k |
| Orbis Allan Gray Ltd 0.55% of their portfolio | 4.9m $87.1m | Added +14.6k |
| LSV ASSET MANAGEMENT 0.16% of their portfolio | 4.0m $71.8m | Added +319.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 4.0m $70.5m | Reduced -68.6k |
| NORGES BANK 0.01% of their portfolio | 4.0m $70.3m | Added +15.0k |
| PRUDENTIAL PLC 0.74% of their portfolio | 3.9m $69.6m | Reduced -364.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio | 3.8m $67.3m | Added +60.6k |
| Legal & General Group Plc 0.02% of their portfolio | 3.6m $64.6m | Reduced -241.9k |
| Clark Capital Management Group, Inc. 0.52% of their portfolio | 3.5m $63.0m | Added +884.2k |
| Invesco Ltd. 0.01% of their portfolio | 3.3m $58.6m | Added +2.1m |
| Candriam S.C.A. 0.40% of their portfolio | 3.2m $57.4m | Added +1.2m |
| Origin Asset Management LLP 14.87% of their portfolio | 3.1m $55.6m | Reduced -419.2k |
| CapitalatWork S.A. 2.02% of their portfolio | 3.0m $54.0m | First filing |
| CAUSEWAY CAPITAL MANAGEMENT LLC 1.35% of their portfolio | 3.0m $53.0m | Reduced -63.8k |
| Marathon Asset Management Ltd 1.41% of their portfolio | 2.8m $50.2m | Reduced -193.5k |
| Polunin Capital Partners Ltd 9.15% of their portfolio | 2.8m $48.8m | Reduced -71.7k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 2.6m $47.1m | Added +205.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $44.0m | Reduced -24.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 2.4m $43.2m | Added +456.0k |
| E Fund Management Co., Ltd. 2.52% of their portfolio | 2.2m $39.7m | Reduced -76.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.2m $38.9m | Added +1.1m |
| TODD ASSET MANAGEMENT LLC 0.80% of their portfolio | 2.0m $36.3m | Reduced -5.7k |
| COMGEST GLOBAL INVESTORS S.A.S. 0.54% of their portfolio | 2.0m $36.0m | Reduced -495.5k |
| Ariose Capital Management Ltd 13.84% of their portfolio | 2.0m $35.5m | New |
| SEI INVESTMENTS CO 0.06% of their portfolio | 2.0m $35.3m | Reduced -28.4k |
| Ninety One UK Ltd 0.09% of their portfolio | 1.8m $31.8m | Added +1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 1.7m $29.8m | Added +1.1m |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 1.7m $29.6m | Reduced -161.2k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.7m $29.6m | Reduced -722.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $28.2m | Reduced -925.5k |
| FMR LLC 0.00% of their portfolio | 1.6m $27.9m | Reduced -3.3m |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 1.5m $26.9m | Reduced -15.7k |
| JUPITER ASSET MANAGEMENT LTD 0.26% of their portfolio | 1.5m $26.4m | Added +36.1k |
| BARCLAYS PLC 0.01% of their portfolio | 1.5m $26.2m | Added +80.6k |
| Andra AP-fonden 1.36% of their portfolio | 1.4m $25.7m | Unchanged |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.4m $24.5m | Added +1.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 1.4m $24.2m | Added +333.0k |
| Yunqi Capital Ltd 16.81% of their portfolio | 1.3m $24.0m | Added +132.7k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 1.3m $23.6m | Added +418.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 1.3m $23.6m | Reduced -52.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 1.3m $23.6m | Added +233.4k |
| CITIGROUP INC 0.03% of their portfolio | 1.3m $22.8m | Reduced -289.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $22.5m | Reduced -61.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $22.1m | Reduced -911.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 1.2m $21.6m | Added +60.4k |
| Carmignac Gestion 0.36% of their portfolio | 1.2m $21.6m | Reduced -345.8k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 1.2m $21.5m | Reduced -216.6k |
| Pinpoint Asset Management Ltd 6.08% of their portfolio | 1.2m $27.5m | Reduced -553.6k |
| Swedbank AB 0.03% of their portfolio | 1.2m $20.7m | Added +5.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.19% of their portfolio | 1.1m $20.4m | Reduced -9.6k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 1.1m $20.1m | Reduced -104.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.1m $19.5m | Added +102.7k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 1.1m $19.1m | Added +90.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 1.1m $18.7m | Reduced -116.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.0m $18.0m | Reduced -51.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.15% of their portfolio | 1.0m $17.8m | Added +421.5k |
| Maxi Investments CY Ltd 4.92% of their portfolio | 985.6k $17.5m | Unchanged |
| PRELUDE CAPITAL MANAGEMENT, LLC 1.51% of their portfolio | 979.8k $17.4m | Added +758.7k |
| Driehaus Capital Management LLC 0.20% of their portfolio | 950.2k $16.9m | Added +841.8k |
| Man Group plc 0.05% of their portfolio | 909.7k $16.2m | New |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 888.1k $15.8m | Added +195.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 883.2k $15.7m | Added +51.9k |
| Bridgewater Associates, LP 0.09% of their portfolio | 869.7k $15.4m | Reduced -123.2k |
| NISSAY ASSET MANAGEMENT CORP /JAPAN 0.12% of their portfolio | 867.0k $15.4m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 856.0k $15.2m | Added +209.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 830.1k $14.7m | Reduced -42.3k |
| RBF Capital, LLC 0.91% of their portfolio | 816.9k $14.5m | Unchanged |
| AXA S.A. 0.02% of their portfolio | 811.5k $14.4m | Added +40.6k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 773.8k $13.7m | Added +64.8k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 769.4k $13.6m | Reduced -1.5m |
| Hosking Partners LLP 0.57% of their portfolio | 763.5k $13.6m | Reduced -56.6k |
| Swiss National Bank 0.01% of their portfolio | 755.4k $13.4m | Reduced -17.8k |
| Aubrey Capital Management Ltd 5.58% of their portfolio | 738.2k $13.1m | Reduced -144.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 721.4k $12.8m | Reduced -357.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.16% of their portfolio | 674.2k $12.0m | Added +2.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 657.7k $11.7m | Added +91.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 638.0k $11.3m | Reduced -18.3k |
| KBC Group NV 0.04% of their portfolio | 625.6k $11.1m | Added +92.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 621.2k $11.0m | Added +44.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 612.4k $10.9m | Reduced -69.4k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 596.3k $9.9m | Added +12.5k |
| NOMURA HOLDINGS INC 0.09% of their portfolio | 585.1k $10.4m | Added +215.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 572.3k $10.2m | Reduced -254.4k |
| Aberdeen Group plc 0.02% of their portfolio | 571.8k $10.2m | Added +14.5k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 569.9k $10.1m | Added +47.8k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 558.9k $9.7m | Added +556.4k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 543.0k $9.6m | Reduced -8.2k |
| Point72 Hong Kong Ltd 0.58% of their portfolio | 529.5k $9.4m | Reduced -2.2m |