XUNLEI LTD XNET
SPONSORED ADS · ADR · CUSIP 98419E108
Chinese technology company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersGeorge Town, People's Republic of China
- Founded2003
- Websitexunlei.com
- FilingsSEC EDGAR
* 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. Implied quarter-end price ≈ $5.59. Options: 6 managers hold calls ($807.6k notional), 6 hold puts ($2.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 23 |
| Q4 2022 | 24 |
| Q1 2023 | 24 |
| Q2 2023 | 21 |
| Q3 2023 | 25 |
| Q4 2023 | 25 |
| Q1 2024 | 23 |
| Q2 2024 | 20 |
| Q3 2024 | 19 |
| Q4 2024 | 23 |
| Q1 2025 | 29 |
| Q2 2025 | 36 |
| Q3 2025 | 42 |
| Q4 2025 | 47 |
| Q1 2026 | 45 |
| Q2 2026 | 52 |
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 | 7 | 10 |
| Q4 2024 | 12 | 10 |
| Q1 2025 | 20 | 11 |
| Q2 2025 | 24 | 15 |
| Q3 2025 | 31 | 25 |
| Q4 2025 | 32 | 19 |
| Q1 2026 | 22 | 30 |
| Q2 2026 | 35 | 26 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $16.3m | $14.4m | 0.88 |
| Q4 2025 | $8.3m | $1.0m | 0.12 |
| Q1 2026 | $734.5k | $1.0m | 1.42 |
| Q2 2026 | $807.6k | $2.6m | 3.22 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +438.5k |
| JANE STREET GROUP, LLC | Added | +318.2k |
| Diametric Capital, LP | New | +149.8k |
| HRT FINANCIAL LP | New | +125.8k |
| Schonfeld Strategic Advisors LLC | Added | +106.8k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +83.7k |
| Trexquant Investment LP | Added | +62.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +46.4k |
| MORGAN STANLEY | Added | +40.8k |
| Creative Planning | New | +22.5k |
Biggest sellers
| STATE STREET CORP | Reduced | -1.1m |
| BlackRock, Inc. | Reduced | -659.6k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -147.8k |
| CITADEL ADVISORS LLC | Reduced | -57.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -56.1k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -50.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -36.2k |
| Qube Research & Technologies Ltd | Sold out | -32.6k |
| Susquehanna Portfolio Strategies, LLC | Sold out | -30.4k |
| KINGSWOOD WEALTH ADVISORS, LLC | Sold out | -24.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $290.1k51.8k shares |
| CITADEL ADVISORS LLC | Added | $240.0k42.9k shares |
| JANE STREET GROUP, LLC | Added | $201.4k36.0k shares |
| IMC-Chicago, LLC | Reduced | $66.0k11.8k shares |
| SIMPLEX TRADING, LLC | Added | $9.0k1.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.1k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $839.4k149.9k shares |
| CITADEL ADVISORS LLC | Added | $743.6k132.9k shares |
| SIMPLEX TRADING, LLC | Added | $417.4k74.6k shares |
| GROUP ONE TRADING LLC | Added | $307.2k54.9k shares |
| IMC-Chicago, LLC | Added | $184.6k33.0k shares |
| JANE STREET GROUP, LLC | Added | $104.6k18.7k 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 |
|---|---|
| Xiaomi Corp 13D · may seek influence filed 2025-11-14 | 42.7% |
| Itui International Inc. 13D · may seek influence filed 2026-02-04 | 42.3% |
| Zou Shenglong 13G · exempt (held before listing) filed 2025-11-14 | 5.5% |
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $9.9m | Added +40.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.7m $9.6m | Added +438.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 808.6k $4.5m | Added +83.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 435.3k $2.4m | Reduced -50.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 366.3k $2.0m | Added +318.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 343.0k $1.9m | Reduced -56.1k |
| UBS Group AG 0.00% of their portfolio | 173.6k $971.2k | Added +15.1k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 160.3k $897.0k | Added +106.8k |
| Diametric Capital, LP 0.09% of their portfolio | 149.8k $838.2k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 125.8k $703.0k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 123.3k $688.0k | Reduced -147.8k |
| BlackRock, Inc. 0.00% of their portfolio | 80.1k $447.9k | Reduced -659.6k |
| Trexquant Investment LP 0.00% of their portfolio | 80.0k $447.7k | Added +62.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 55.6k $310.9k | Reduced -57.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 53.1k $297.0k | Reduced -36.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 46.4k $259.5k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 44.8k $250.6k | Added +107 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio | 41.8k $233.9k | Added +22.4k |
| Invesco Ltd. 0.00% of their portfolio | 34.3k $192.0k | Reduced -3.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 31.1k $174.1k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 29.9k $167.4k | Reduced -545 |
| Headlands Technologies LLC 0.02% of their portfolio | 25.9k $145.1k | Reduced -21 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 25.4k $141.4k | Unchanged |
| Creative Planning 0.00% of their portfolio | 22.5k $126.1k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 21.3k $119.2k | New |
| STATE STREET CORP 0.00% of their portfolio | 21.2k $118.9k | Reduced -1.1m |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 20.7k $115.7k | Added +7.3k |
| XTX Topco Ltd 0.00% of their portfolio | 19.2k $107.5k | Added +5.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 15.3k $85.6k | Added +1.4k |
| MANGROVE PARTNERS IM, LLC 0.01% of their portfolio | 14.5k $81.1k | New |
| IMC-Chicago, LLC 0.00% of their portfolio | 13.2k $73.7k | Reduced -2.6k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 11.9k $66.5k | New |
| Jump Financial, LLC 0.00% of their portfolio | 11.1k $62.1k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 11.1k $62.1k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.4k $35.9k | Added +6.0k |
| Persistent Asset Partners Ltd 0.01% of their portfolio | 5.1k $28.6k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 4.6k $25.8k | Unchanged |
| RAMSEY QUANTITATIVE SYSTEMS 0.02% of their portfolio | 4.3k $24.1k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 705 $3.9k | Added +192 |
| Arax Advisory Partners 0.00% of their portfolio | 690 $3.9k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 511 $2.9k | Added +411 |
| US BANCORP \DE\ 0.00% of their portfolio | 412 $2.3k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 270 $1.5k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 90 $504 | New |
| Bell Investment Advisors, Inc 0.00% of their portfolio | 86 $482 | Reduced -86 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 79 $442 | Added +1 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 75 $420 | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 68 $380 | Reduced -2 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 32 $180 | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 17 $95 | Reduced -610 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 14 $78 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 7 $39 | New |