Vault-13

WEBULL CORP BULL

ORD SHS · Common Stock · CUSIP G9572D103

U.S.-based financial services company

153 institutional holders +52 vs Q3 2025
192,417,000192.4m shares reported held*
$1.5bnreported value*
80 new 46 added 19 reduced 29 sold out net bought ≈ $110.3m (+9.8m 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 ($110.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.77. Options: 25 managers hold calls ($266.3m notional), 21 hold puts ($109.2m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q2 25: 71Q3 25: 101Q4 25: 153153Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q2 202571
Q3 2025101
Q4 2025153

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 25: 76 bought or addedQ3 25: 36 cut or sold outQ3 25Q4 25: 126 bought or addedQ4 25: 48 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q3 20257636
Q4 202512648

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $98.5mQ2 25 puts: $68.2mQ2 25P/C 0.69Q3 25 calls: $535.1mQ3 25 puts: $353.1mQ3 25P/C 0.66Q4 25 calls: $266.3mQ4 25 puts: $109.2mQ4 25P/C 0.41
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$98.5m$68.2m0.69
Q3 2025$535.1m$353.1m0.66
Q4 2025$266.3m$109.2m0.41

Biggest buyers

BlackRock, Inc. Added +15,076,398+15.1m
PEAK6 LLC Added +12,806,479+12.8m
CITADEL ADVISORS LLC Added +5,663,499+5.7m
Yong Rong (HK) Asset Management Ltd New +5,000,000+5.0m
STATE STREET CORP Added +4,324,017+4.3m
GEODE CAPITAL MANAGEMENT, LLC Added +3,283,295+3.3m
MILLENNIUM MANAGEMENT LLC Added +3,196,701+3.2m
JPMORGAN CHASE & CO Added +3,152,402+3.2m
JANE STREET GROUP, LLC Added +2,928,742+2.9m
GOLDMAN SACHS GROUP INC Added +2,403,341+2.4m

Biggest sellers

HHLR ADVISORS, LTD. Reduced -27,106,242-27.1m
COATUE MANAGEMENT LLC Reduced -11,448,149-11.4m
RIT CAPITAL PARTNERS PLC Sold out -10,007,267-10.0m
GENERAL ATLANTIC, L.P. Reduced -7,148,051-7.1m
LIGHTSPEED MANAGEMENT COMPANY, L.L.C. Sold out -7,148,051-7.1m
TIGER GLOBAL MANAGEMENT LLC Reduced -5,000,000-5.0m
HSG Holding Ltd Reduced -2,500,000-2.5m
Azora Capital LP Reduced -1,488,620-1.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -974,235-974.2k
Quadrature Capital Ltd Reduced -472,016-472.0k

Biggest calls

PEAK6 LLC Reduced $65.5m8.4m shares
CITADEL ADVISORS LLC Reduced $34.7m4.5m shares
GROUP ONE TRADING LLC Reduced $34.2m4.4m shares
JANE STREET GROUP, LLC Added $30.2m3.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $30.1m3.9m shares
SIMPLEX TRADING, LLC Added $17.3m2.2m shares
CAPITAL FUND MANAGEMENT S.A. Added $15.7m2.0m shares
BARCLAYS PLC Unchanged $12.2m1.6m shares
IMC-Chicago, LLC New $8.1m1.0m shares
TUDOR INVESTMENT CORP ET AL Reduced $5.5m705.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $27.6m3.6m shares
CITADEL ADVISORS LLC Reduced $16.8m2.2m shares
BANK OF MONTREAL /CAN/ New $15.2m2.0m shares
JANE STREET GROUP, LLC Reduced $10.0m1.3m shares
GROUP ONE TRADING LLC Added $8.9m1.1m shares
SIMPLEX TRADING, LLC Reduced $4.2m544.1k shares
Tidal Investments LLC New $4.0m510.3k shares
CANTOR FITZGERALD, L. P. New $3.9m500.0k shares
Walleye Trading LLC Added $3.9m497.0k shares
IMC-Chicago, LLC New $3.8m491.8k 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.

HolderStakeChangeShares Last filed
Wang Anquan 13G · exempt (held before listing) -0.1 pts · filed 2026-10-02 18.1% -0.1 pts 97.9m≈ $638.4m 2026-10-02
Tianjin Nuofeng Enterprise Management Consulting Partnership 13G · exempt (held before listing) new · filed 2025-08-12 9.4% new 37.6m≈ $245.1m 2025-08-12
Yuan Jun 13G · exempt (held before listing) new · filed 2025-08-18 7.4% new 29.8m≈ $194.0m 2025-08-18
PEAK6 Capital Management LLC 13G · institution new · filed 2026-02-11 6.7% new 28.2m≈ $183.8m 2026-02-11
PEAK6 LLC 13G · exempt (held before listing) +1.2 pts · filed 2026-02-10 6.7% +1.2 pts 28.2m≈ $183.8m 2026-02-10
SIG Asia Investment, LLLP 13G · exempt (held before listing) new · filed 2025-08-14 6.4% new 24.2m≈ $157.5m 2025-08-14
Lishui Bojiang Chuangfu 2nd Equity Investment Partnership (L 13G · exempt (held before listing) -2.1 pts · filed 2026-02-13 5.2% -2.1 pts 21.9m≈ $142.6m 2026-02-13

Fell to 5% or below in the last year: HS Investments IV Ltd (3.6%, 2026-02-17)

Insider purchases and sales in Q4 2025

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 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PEAK6 LLC 4.98% of their portfolio AUSTIN, TX 46,932,14046.9m $364.7m $364.7m 4.98% Added +12.8m +12,806,479
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.30% of their portfolio BALA CYNWYD, PA 27,967,85928.0m $217.3m $217.3m 0.30% Reduced -974.2k -974,235
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 15,155,40815.2m $117.8m $117.8m 0.00% Added +15.1m +15,076,398
4 HS Investments IV Ltd 99.79% of their portfolio ST PETER PORT, Y7 14,126,28914.1m $109.8m $109.8m 99.79% First filing
5 HSG Holding Ltd 2.92% of their portfolio NA, K3 7,053,6397.1m $55.2m $55.2m 2.92% Reduced -2.5m -2,500,000
6 TIGER GLOBAL MANAGEMENT LLC 0.18% of their portfolio New York, NY 6,724,1376.7m $52.2m $52.2m 0.18% Reduced -5.0m -5,000,000
7 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 6,192,6356.2m $48.1m $48.1m 0.03% Added +5.7m +5,663,499
8 HHLR ADVISORS, LTD. 1.50% of their portfolio GRAND CAYMAN, E9 5,974,6046.0m $46.4m $46.4m 1.50% Reduced -27.1m -27,106,242
9 Yong Rong (HK) Asset Management Ltd 11.82% of their portfolio SHEUNG WAN, K3 5,000,0005.0m $38.9m $38.9m 11.82% New
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,342,7174.3m $33.7m $33.7m 0.00% Added +4.3m +4,324,017
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,633,1503.6m $28.2m $28.2m 0.00% Added +3.3m +3,283,295
12 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 3,433,3143.4m $26.7m $26.7m 0.02% Added +3.2m +3,196,701
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,159,4023.2m $24.5m $24.5m 0.00% Added +3.2m +3,152,402
14 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 3,082,4213.1m $24.0m $24.0m 0.03% Added +2.9m +2,928,742
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,675,5582.7m $20.8m $20.8m 0.00% Added +2.4m +2,403,341
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,431,7842.4m $18.9m $18.9m 0.00% Added +450.6k +450,633
17 Tidal Investments LLC 0.07% of their portfolio Milwaukee, WI 2,133,5712.1m $16.6m $16.6m 0.07% Added +1.7m +1,680,943
18 Marex Group Ltd 0.18% of their portfolio London, X0 2,107,9382.1m $16.4m $16.4m 0.18% Added +1.6m +1,597,921
19 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,967,0732.0m $15.3m $15.3m 0.01% Added +1.9m +1,947,041
20 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 1,963,4532.0m $15.3m $15.3m 0.02% New
21 Azora Capital LP 0.88% of their portfolio MIAMI, FL 1,800,4231.8m $14.0m $14.0m 0.88% Reduced -1.5m -1,488,620
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,795,6761.8m $14.0m $14.0m 0.00% Added +1.1m +1,073,332
23 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,675,3161.7m $13.0m $13.0m 0.00% New
24 GROUP ONE TRADING LLC 0.33% of their portfolio CHICAGO, IL 1,438,4871.4m $11.2m $11.2m 0.33% Added +1.2m +1,161,554
25 Trexquant Investment LP 0.10% of their portfolio STAMFORD, CT 1,383,2911.4m $10.7m $10.7m 0.10% New
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,322,0021.3m $10.3m $10.3m 0.00% New
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,186,1071.2m $9.2m $9.2m 0.00% Added +748.6k +748,642
28 CANTOR FITZGERALD, L. P. 0.25% of their portfolio NEW YORK, NY 1,079,4601.1m $8.4m $8.4m 0.25% Added +972.2k +972,160
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,045,2341.0m $8.1m $8.1m 0.00% Added +138.1k +138,073
30 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 847,383847.4k $6.6m $6.6m 0.04% New
31 Divisadero Street Capital Management, LP 0.35% of their portfolio MIAMI, FL 800,000800.0k $6.2m $6.2m 0.35% New
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 736,142736.1k $5.7m $5.7m 0.00% New
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 677,815677.8k $5.3m $5.3m 0.00% New
34 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 592,458592.5k $4.6m $4.6m 0.00% New
35 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 419,940419.9k $3.3m $3.3m 0.01% New
36 WINTON GROUP Ltd 0.11% of their portfolio LONDON, X0 418,317418.3k $3.3m $3.3m 0.11% Added +318.5k +318,526
37 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 413,279413.3k $3.2m $3.2m 0.00% Added +401.8k +401,756
38 Aquatic Capital Management LLC 0.09% of their portfolio CHICAGO, IL 412,413412.4k $3.2m $3.2m 0.09% New
39 Walleye Trading LLC 0.05% of their portfolio NEW YORK, NY 371,548371.5k $2.9m $2.9m 0.05% Reduced -212.6k -212,634
40 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 370,044370.0k $2.9m $2.9m 0.00% Added +355.9k +355,944
41 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 364,400364.4k $2.8m $2.8m 0.00% New
42 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 347,364347.4k $2.7m $2.7m 0.00% New
43 Entropy Technologies, LP 0.14% of their portfolio NEW YORK, NY 336,932336.9k $2.6m $2.6m 0.14% Added +313.3k +313,332
44 Quantbot Technologies LP 0.09% of their portfolio NEW YORK, NY 333,886333.9k $2.6m $2.6m 0.09% New
45 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 331,618331.6k $2.6m $2.6m 0.00% New
46 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 316,720316.7k $2.5m $2.5m 0.00% Added +118.1k +118,114
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 308,135308.1k $2.4m $2.4m 0.00% Added +305.1k +305,071
48 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 291,198291.2k $2.3m $2.3m 0.02% Reduced -78.1k -78,091
49 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 272,865272.9k $2.1m $2.1m 0.01% Added +42.9k +42,869
50 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 267,600267.6k $2.1m $2.1m 0.00% New
51 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 244,344244.3k $1.9m $1.9m 0.05% Added +204.6k +204,553
52 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 190,251190.3k $1.5m $1.5m 0.00% New
53 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 187,626187.6k $1.5m $1.5m 0.00% New
54 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 181,532181.5k $1.4m $1.4m 0.00% New
55 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 165,352165.4k $1.3m $1.3m 0.00% Added +49.7k +49,652
56 PDT Partners, LLC 0.08% of their portfolio New York, NY 164,200164.2k $1.3m $1.3m 0.08% New
57 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 157,150157.2k $1.2m $1.2m 0.00% New
58 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 151,426151.4k $1.2m $1.2m 0.01% New
59 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 142,208142.2k $1.1m $1.1m 0.01% New
60 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 141,565141.6k $1.1m $1.1m 0.00% Added +27.5k +27,511
61 Atom Investors LP 0.09% of their portfolio AUSTIN, TX 139,917139.9k $1.1m $1.1m 0.09% New
62 Vienna Asset Management LLC 0.60% of their portfolio SARATOGA, CA 135,052135.1k $1.0m $1.0m 0.60% Reduced -9.4k -9,388
63 Magnetar Financial LLC 0.01% of their portfolio EVANSTON, IL 113,485113.5k $881.8k $881.8k 0.01% New
64 SummitTX Capital, L.P. 0.03% of their portfolio FORT WORTH, TX 108,476108.5k $842.9k $842.9k 0.03% Added +61.9k +61,914
65 Qsemble Capital Management, LP 0.07% of their portfolio New York, NY 105,889105.9k $822.8k $822.8k 0.07% Added +77.9k +77,877
66 Virtu Financial LLC 0.03% of their portfolio New York, NY 102,889102.9k $799.0k $799.0k 0.03% New
67 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 98,13598.1k $762.5k $762.5k 0.01% New
68 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 92,78692.8k $723.7k $723.7k 0.00% New
69 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 86,10086.1k $669.0k $669.0k 0.00% New
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 83,53083.5k $649.0k $649.0k 0.00% New
71 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 77,57677.6k $602.8k $602.8k 0.01% Added +60.2k +60,174
72 COATUE MANAGEMENT LLC 0.00% of their portfolio New York, NY 74,33474.3k $577.6k $577.6k 0.00% Reduced -11.4m -11,448,149
73 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 73,05273.1k $567.6k $567.6k 0.00% New
74 TWINBEECH CAPITAL LP 0.03% of their portfolio PURCHASE, NY 59,80059.8k $464.6k $464.6k 0.03% New
75 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 58,62458.6k $455.5k $455.5k 0.01% Added +19.2k +19,245
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 57,78957.8k $450.0k $450.0k 0.00% Added +56.5k +56,471
77 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 54,12754.1k $420.6k $420.6k 0.00% New
78 GENERAL ATLANTIC, L.P. 0.01% of their portfolio New York, NY 50,81650.8k $394.8k $394.8k 0.01% Reduced -7.1m -7,148,051
79 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 49,91549.9k $387.8k $387.8k 0.00% New
80 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 48,20048.2k $374.5k $374.5k 0.00% New
81 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 47,71047.7k $370.7k $370.7k 0.00% New
82 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 44,95245.0k $349.3k $349.3k 0.00% New
83 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 44,48244.5k $345.6k $345.6k 0.01% New
84 Parallax Volatility Advisers, L.P. 0.01% of their portfolio San Francisco, CA 36,34236.3k $282.4k $282.4k 0.01% New
85 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 34,93034.9k $271.4k $271.4k 0.01% Added +19.0k +19,010
86 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 30,11030.1k $280.9k $280.9k 0.00% New
87 EntryPoint Capital, LLC 0.09% of their portfolio NEW YORK, NY 28,91228.9k $224.6k $224.6k 0.09% New
88 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 28,13128.1k $218.6k $218.6k 0.00% New
89 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 26,83226.8k $208.5k $208.5k 0.01% Reduced -4.7k -4,715
90 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 25,91825.9k $201.4k $201.4k 0.00% Added +1.9k +1,895
91 R Squared Ltd 0.09% of their portfolio HONG KONG, K3 25,14525.1k $195.4k $195.4k 0.09% New
92 Legal & General Group Plc 0.00% of their portfolio London, X0 24,89024.9k $193.3k $193.3k 0.00% Added +23.1k +23,119
93 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 23,99524.0k $186.4k $186.4k 0.00% Reduced -472.0k -472,016
94 111 Capital 0.04% of their portfolio PARIS, I0 23,82923.8k $185.2k $185.2k 0.04% New
95 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 23,70023.7k $184.1k $184.1k 0.00% Reduced -52.9k -52,875
96 Caitong International Asset Management Co., Ltd 0.04% of their portfolio HONG KONG, K3 23,21823.2k $180.4k $180.4k 0.04% New
97 Ameritas Investment Partners, Inc. 0.01% of their portfolio LINCOLN, NE 22,17022.2k $172.3k $172.3k 0.01% New
98 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 21,71721.7k $168.7k $168.7k 0.00% New
99 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 21,71521.7k $168.7k $168.7k 0.00% Reduced -2.3k -2,315
100 XPONANCE LLC 0.00% of their portfolio PHILADELPHIA, PA 21,18321.2k $164.6k $164.6k 0.00% New