GDS Holdings Ltd

GDS

Exchange: Nasdaq
Industry: Services-Computer Programming, Data Processing, Etc.
SEC CIK: 0001526125

SEC filings (opens in a new tab)

No open-market purchases or sales by GDS Holdings Ltd insiders were filed in the last 90 days; 199 institutions reported holding it in 13F filings for Q2 2026, worth $3.15B in total; Baupost Group is the only superinvestor holding it.

Other share classesGDHLF

Key figures

Market capNo recent share count in SEC filings: –
Insider buysOpen market, last 90 days: 0
Insider sellsOpen market, last 90 days: 0
13F holdersQ2 2026, −6 vs. previous quarter: 199
13F valueReported value at the end of Q2 2026: $3.15B
Superinvestors holdingAt the end of Q2 2026: 1

Price chart

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Financials

See financial statements

From SEC filings, in CNY.

Revenue, FY2025: CNY 11.4B; +10.8% year over year
Net income, FY2025: CNY 949.6M; −72.3% year over year
Free cash flow, FY2025: CNY -1.33B; No comparable prior period

Revenue flow, FY2025

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Net income for FY2025: CNY 949.6M (8.3% of revenue).

Short interest

See short data

From FINRA, settlement date Oct 15, 2026.

Short interest: 13.7M; Shares sold short
Change: +2.29M; +20.0% vs. previous
Days to cover: 4.75; At average daily volume

Superinvestors holding GDS, Q2 2026

Go to the superinvestors tab

1 superinvestor reports holding GDS Holdings Ltd on Form 13F. Percentages are the stock's share of each portfolio.

Baupost Group

Seth Klarman

2.1%

GDS Holdings Ltd's share of the portfolio

Shares: 3,769,818
Value: $113.2M

Latest insider trades

See all insider trades

Open-market purchases and sales by GDS Holdings Ltd insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Jun 11, 2026 (view filing)	Jun 10	1 day	Qian YixinExecutive VP, operation	SSaleAmerican Depositary Shares	−10.0K	$35.25	−$352.5K	−13.0%66.9K after
Jun 3, 2026 (view filing)	Jun 2	1 day	Ye Judy QingDirector	SSaleAmerican Depositary Shares	−37.4K	$36.21	−$1.35M	−100.0%0 after

Top 10 13F holders, Q2 2026

See all 199 holders

The largest institutional positions in GDS Holdings Ltd at the end of Q2 2026; share changes are against Q1 2026.

Institutions holding GDS in Q2 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
Singapore Technologies Telemedia Pte Ltd	9,835,680	$295.4M	100.00%	00.0%	Unchanged
Sachem Head Capital Management LP	8,685,000	$260.8M	5.41%	00.0%	Unchanged
Canada Pension Plan Investment Board	7,004,083	$210.3M	0.12%	00.0%	Unchanged
Barclays PLC	6,654,192	$199.8M	0.06%	+3,663,017+122.5%	Added
Tekne Capital Management, LLC	5,976,818	$179.5M	58.73%	+925,000+18.3%	Added
Bamco Inc	4,245,033	$127.5M	0.19%	−352,213−7.7%	Reduced
Baupost Group LLCSuperinvestorBaupost Group	3,769,818	$113.2M	2.09%	+725,000+23.8%	Added
UBS Group AG	3,590,986	$107.8M	0.02%	+1,565,360+77.3%	Added
Carrhae Capital LLP	3,300,419	$99.1M	6.53%	+1,115,757+51.1%	Added
Goldman Sachs Group Inc	3,162,100	$95.0M	0.01%	+1,113,768+54.4%	Added

Holders of 5% or more of GDS

See all 2 holders and filings

Holders whose latest Schedule 13D or 13G filing reports 5% or more of GDS Holdings Ltd.

Largest holders of GDS from 13D and 13G filings
Holder	Latest form	Stake	Change	First filed	Latest filing	Filing
Singapore Technologies Telemedia Pte Ltd	13D/A	28.70%445.3M shares	−5.50 ppfrom 34.20%	Feb 22, 20225 filings	Sep 10, 2025	SEC
GIC Private Ltd	13G/A	7.55%126.5M shares	−3.73 ppfrom 11.28%	May 26, 20225 filings	Aug 13, 2026	SEC