- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 19 Feb 2026
- latest of these filings; the earliest 10 Feb 2026
- Managers listing it
- 18
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 5 listed it in both
- Shares listed
- 17,995,612
- combined, among listed positions
- Reported value
- $628m
- combined, at the quarter end
Among the 92 comparable managers: 10 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +547,805.
Managers listing GDS in Q4 2025
18 of 18 holders
Largest increases and reductions, by shares
Increases
- Sachem Head Capital Management LPexisting position · 9,300,000 shares now+2,885,000
- Point72 Asset Management LPexisting position · 1,203,879 shares now+1,045,229
- Discovery Capital Management LLCexisting position · 1,428,017 shares now+371,817
- Marshall Wace LLPexisting position · 1,506,344 shares now+279,141
- Millennium Management LLCexisting position · 625,007 shares now+139,789
Reductions
- Citadel Advisors LLCexisting position · 60,674 shares now-458,710
- Fidelity (FMR LLC)existing position · 47 shares now-314,585
- Susquehanna International Group LLPexisting position · 214,649 shares now-206,325
- Baupost Group LLCexisting position · 3,044,818 shares now-205,134
- Light Street Capital Management LLCexisting position · 65,272 shares now-179,285
New positions and exits
New (2)
Exited (8)
- Jane Street Group LLCwas $85m
- Moore Capital Management LPwas $13m
- Schonfeld Strategic Advisors LLCwas $3.4m
- Verition Fund Management LLCwas $2.2m
- Squarepoint Ops LLCwas $721k
- Wellington Management Group LLPwas $325k
- Two Sigma Investments LPwas $266k
- D. E. Shaw & Co.was $232k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q4 2016 | 3 | $25m | n.a. | n.a. |
| Q1 2017 | 2 | $18m | n.a. | n.a. |
| Q2 2017 | 1 | $8.4m | n.a. | n.a. |
| Q3 2017 | 1 | $17m | n.a. | n.a. |
| Q4 2017 | 1 | $45m | n.a. | n.a. |
| Q1 2018 | 2 | $93m | n.a. | n.a. |
| Q2 2018 | 5 | $218m | n.a. | n.a. |
| Q3 2018 | 4 | $137m | n.a. | n.a. |
| Q4 2018 | 3 | $28m | n.a. | n.a. |
| Q1 2019 | 7 | $148m | n.a. | n.a. |
| Q2 2019 | 7 | $375m | n.a. | n.a. |
| Q3 2019 | 11 | $436m | n.a. | n.a. |
| Q4 2019 | 10 | $518m | n.a. | n.a. |
| Q1 2020 | 13 | $608m | n.a. | n.a. |
| Q2 2020 | 11 | $821m | n.a. | n.a. |
| Q3 2020 | 9 | $670m | n.a. | n.a. |
| Q4 2020 | 7 | $615m | n.a. | n.a. |
| Q1 2021 | 7 | $439m | n.a. | n.a. |
| Q2 2021 | 4 | $249m | n.a. | n.a. |
| Q3 2021 | 4 | $223m | n.a. | n.a. |
| Q4 2021 | 3 | $145m | n.a. | n.a. |
| Q1 2022 | 3 | $37m | n.a. | n.a. |
| Q2 2022 | 2 | $38m | n.a. | n.a. |
| Q3 2022 | 1 | $14m | n.a. | n.a. |
| Q4 2022 | 2 | $13m | n.a. | n.a. |
| Q1 2023 | 1 | $6.1m | n.a. | n.a. |
| Q2 2023 | 1 | $1.5m | n.a. | n.a. |
| Q1 2024 | 2 | $22m | 2 | 0 |
| Q2 2024 | 3 | $61m | 3 | 0 |
| Q3 2024 | 5 | $203m | 4 | 0 |
| Q4 2024 | 6 | $187m | 2 | 3 |
| Q1 2025 | 4 | $249m | 3 | 3 |
| Q2 2025 | 3 | $332m | 2 | 1 |
| Q3 2025 | 6 | $485m | 3 | 2 |
| Q4 2025 | 6 | $578m | 10 | 16 |
| Q1 2026 | 8 | $699m | 15 | 8 |
| Q2 2026 | 5 | $450m | 8 | 13 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
GDS and GOOGL →GDS and META →GDS and SPCX →Choose a stock to compare with GDS →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own GDS, latest filings →Back to the 13F Explorer →