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GDS Holdings Ltd

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

No open-market purchases or sales by GDS Holdings Ltd insiders were filed in the last 90 days; 197 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

13F holders, Q1 2025

Institutional positions in GDS Holdings Ltd as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
154
+20 vs. Q4 2024
Shares held
75.4M
−7.27M (−8.8%) vs. Q4 2024
Total value
$1.91B
−$54.5M (−2.8%) vs. Q4 2024
New holders
42
35 more added
Sold out
22
60 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GDS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 154 institutions
Q1 2021: 278 institutionsQ2 2021: 267 institutionsQ3 2021: 235 institutionsQ4 2021: 228 institutionsQ1 2022: 208 institutionsQ2 2022: 172 institutionsQ3 2022: 136 institutionsQ4 2022: 147 institutionsQ1 2023: 136 institutionsQ2 2023: 120 institutionsQ3 2023: 103 institutionsQ4 2023: 107 institutionsQ1 2024: 107 institutionsQ2 2024: 109 institutionsQ3 2024: 139 institutionsQ4 2024: 137 institutionsQ1 2025: 154 institutionsQ2 2025: 161 institutionsQ3 2025: 204 institutionsQ4 2025: 180 institutionsQ1 2026: 206 institutionsQ2 2026: 197 institutions
Value heldQ1 2025: $1.91B
Q1 2021: $8.44BQ2 2021: $8.31BQ3 2021: $5.78BQ4 2021: $4.82BQ1 2022: $3.50BQ2 2022: $2.66BQ3 2022: $1.22BQ4 2022: $1.49BQ1 2023: $1.33BQ2 2023: $708.1MQ3 2023: $690.6MQ4 2023: $606.8MQ1 2024: $510.5MQ2 2024: $773.8MQ3 2024: $1.64BQ4 2024: $1.98BQ1 2025: $1.91BQ2 2025: $2.47BQ3 2025: $3.01BQ4 2025: $2.70BQ1 2026: $3.67BQ2 2026: $3.15B
Institutions holding GDS and their total value by quarter
QuarterHoldersValue
Q2 2026197$3.15B
Q1 2026206$3.67B
Q4 2025180$2.70B
Q3 2025204$3.01B
Q2 2025161$2.47B
Q1 2025154$1.91B
Q4 2024137$1.98B
Q3 2024139$1.64B
Q2 2024109$773.8M
Q1 2024107$510.5M
Q4 2023107$606.8M
Q3 2023103$690.6M
Q2 2023120$708.1M
Q1 2023136$1.33B
Q4 2022147$1.49B
Q3 2022136$1.22B
Q2 2022172$2.66B
Q1 2022208$3.50B
Q4 2021228$4.82B
Q3 2021235$5.78B
Q2 2021267$8.31B
Q1 2021278$8.44B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding GDS Holdings Ltd; share changes are against Q4 2024.

Institutions holding GDS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Singapore Technologies Telemedia Pte Ltd15,835,680$401.1M100.00%00.0%Unchanged
Tekne Capital Management, LLC5,860,211$148.4M56.59%−334,310−5.4%Reduced
12 West Capital Management LP4,864,476$123.2M18.18%−744,661−13.3%Reduced
Baupost Group LLCSuperinvestorBaupost Group4,249,952$107.7M3.08%00.0%Unchanged
Sachem Head Capital Management LP4,215,000$106.8M4.28%+4,215,000New
Canada Pension Plan Investment Board3,941,425$99.8M0.10%00.0%Unchanged
Bamco Inc3,067,405$77.7M0.23%−3,605,821−54.0%Reduced
Aspex Management (HK) Ltd3,009,876$76.2M1.97%−1,916,851−38.9%Reduced
Goldman Sachs Group Inc2,671,908$67.7M0.01%−465,600−14.8%Reduced
Morgan Stanley2,634,457$66.7M0.00%+1,025,951+63.8%Added
UBS Group AG2,046,423$51.8M0.01%+657,219+47.3%Added
Driehaus Capital Management LLC1,598,807$40.5M0.39%−246,816−13.4%Reduced
Indus Capital Partners, LLC1,342,258$34.0M32.10%−403,300−23.1%Reduced
Massachusetts Financial Services Co1,177,503$29.8M0.01%+10,838+0.9%Added
Marshall Wace, LLP1,128,859$28.6M0.04%+99,325+9.6%Added
Cerity Partners LLC978,886$24.8M0.05%−231,953−19.2%Reduced
American Century Companies Inc922,970$23.4M0.01%−1,400,512−60.3%Reduced
D. E. Shaw & Co., Inc.784,811$19.9M0.02%−792,013−50.2%Reduced
FMR LLC736,802$18.7M0.00%+736,798+18,419,950.0%Added
Lord, Abbett & Co. LLC704,673$17.9M0.06%+635,673+921.3%Added
Two Sigma Investments, LP656,925$16.6M0.04%−4,162−0.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.536,634$13.6M0.03%−121,687−18.5%Reduced
Pacer Advisors, Inc.525,107$13.3M0.03%−373,875−41.6%Reduced
Millennium Management LLC509,885$12.9M0.01%−394,184−43.6%Reduced
Point72 Asset Management, L.P.494,976$12.5M0.04%+394,422+392.2%Added
Ameriprise Financial Inc452,569$11.5M0.00%+452,569New
Voloridge Investment Management, LLC446,417$11.3M0.04%−74,754−14.3%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.438,708$11.1M0.03%−24,830−5.4%Reduced
Balyasny Asset Management LLC430,100$10.9M0.03%+430,100New
Renaissance Technologies LLC409,385$10.4M0.02%+409,385New
APG Asset Management N.V.421,577$9.89M0.03%00.0%Unchanged
Standard Life Aberdeen plc390,147$9.69M0.02%+110,347+39.4%Added
Royal Bank of Canada379,289$9.61M0.00%+89,059+30.7%Added
BNP Paribas Arbitrage, SA361,865$9.17M0.01%+146,143+67.7%Added
Nuveen, LLC349,700$8.86M0.00%+349,700New
Healthcare of Ontario Pension Plan Trust Fund347,800$8.81M0.02%−50,100−12.6%Reduced
BlackRock, Inc.334,158$8.46M0.00%−198,715−37.3%Reduced
Triata Capital Ltd296,019$7.50M1.70%−1,449,421−83.0%Reduced
Citigroup Inc293,556$7.44M0.01%+261,117+804.9%Added
Selkirk Management LLC287,000$7.27M2.79%00.0%Unchanged
Pinnacle Associates Ltd262,787$6.66M0.10%+41,195+18.6%Added
Jane Street Group, LLC259,928$6.58M0.01%+224,012+623.7%Added
Qube Research & Technologies Ltd257,934$6.53M0.01%+257,934New
JPMorgan Chase & Co255,715$6.48M0.00%−108,617−29.8%Reduced
Two Sigma Advisers, LP239,852$6.08M0.01%+201,200+520.5%Added
Woodline Partners LP219,745$5.57M0.04%+14,468+7.0%Added
HRT Financial LP209,778$5.31M0.03%+209,778New
Centerbridge Partners, L.P.204,971$5.19M1.02%00.0%Unchanged
Monolith Management Ltd188,137$4.77M3.20%−85,268−31.2%Reduced
HSBC Holdings PLC181,153$4.54M0.00%−61,795−25.4%Reduced
Bank of America Corp170,241$4.31M0.00%−275,411−61.8%Reduced
Saba Capital Management, L.P.154,174$3.91M0.11%−5,154−3.2%Reduced
Dimensional Fund Advisors LP150,051$3.80M0.00%−13,373−8.2%Reduced
Alyeska Investment Group, L.P.137,253$3.48M0.01%+8,075+6.3%Added
EAM Global Investors LLC112,742$2.86M0.78%+112,742New
Alberta Investment Management Corp103,722$2.63M0.02%−103,981−50.1%Reduced
XY Capital Ltd102,008$2.58M1.70%+102,008New
Geode Capital Management, LLC92,188$2.34M0.00%−4,745−4.9%Reduced
Raymond James Financial Inc92,142$2.33M0.00%−7,714−7.7%Reduced
Invesco Ltd.90,278$2.29M0.00%+1,855+2.1%Added
Hidden Lake Asset Management LP84,090$2.13M2.10%−179,184−68.1%Reduced
Creative Planning78,436$1.99M0.00%+48,963+166.1%Added
Deutsche Bank AG76,800$1.95M0.00%−165,440−68.3%Reduced
Waterfront Capital Partners, LLC75,000$1.90M0.33%−895,199−92.3%Reduced
Electron Capital Partners, LLC69,601$1.76M0.13%+69,601New
LMR Partners LLP67,775$1.72M0.03%+67,775New
Mirae Asset Global Investments Co., Ltd.65,900$1.66M0.01%+62,194+1,678.2%Added
Northern Trust Corp62,530$1.58M0.00%+40,618+185.4%Added
Manufacturers Life Insurance Company, The61,800$1.57M0.00%+61,800New
Perpetual Ltd60,307$1.53M0.02%+60,307New
Bank of Montreal60,217$1.53M0.00%+42,220+234.6%Added
Dymon Asia Capital (Singapore) Pte. Ltd.56,700$1.44M1.14%+56,700New
Anson Funds Management LP50,800$1.29M0.31%+50,800New
Walleye Capital LLC41,347$1.05M0.01%−208,120−83.4%Reduced
Barometer Capital Management Inc.40,600$1.03M0.38%+10,800+36.2%Added
XTX Topco Ltd39,150$991.7K0.05%+39,150New
Yong Rong (HK) Asset Management Ltd35,000$887.0K0.21%+35,000New
Scientech Research LLC33,636$852.0K0.23%+33,636New
Infini Capital Management Ltd33,600$851.1K0.86%+33,600New
State of New Jersey Common Pension Fund D32,948$834.6K0.00%−48,617−59.6%Reduced
Point72 Hong Kong Ltd31,715$803.3K0.06%−255,478−89.0%Reduced
Prelude Capital Management, LLC31,003$785.3K0.08%+6,103+24.5%Added
Polymer Capital Management (HK) LTD30,000$759.9K0.13%−45,276−60.1%Reduced
Centiva Capital, LP28,909$732.3K0.04%+28,909New
Oberweis Asset Management Inc27,500$696.6K0.03%+27,500New
CastleKnight Management LP27,400$694.0K0.07%−50,200−64.7%Reduced
Mariner, LLC27,325$692.1K0.00%+2,334+9.3%Added
Sumitomo Mitsui Trust Holdings, Inc.26,362$667.7K0.00%−714−2.6%Reduced
Vident Advisory, LLC26,023$659.2K0.01%+1,633+6.7%Added
Bayforest Capital Ltd24,619$623.6K0.27%+24,619New
Wells Fargo & Company22,642$573.5K0.00%+18,854+497.7%Added
Central Asset Investments & Management Holdings (HK) Ltd21,000$531.9K0.90%+21,000New
SG Americas Securities, LLC20,638$523.0K0.00%+20,638New
Macroview Investment Management LLC18,550$469.9K0.44%00.0%Unchanged
Amiral Gestion18,000$455.9K0.25%+4,000+28.6%Added
Group One Trading, L.P.16,467$417.1K0.02%−133,729−89.0%Reduced
NewEdge Wealth, LLC15,500$392.6K0.01%−700−4.3%Reduced
Apeiron Capital Ltd15,100$382.5K0.18%+15,100New
Headlands Technologies LLC14,576$369.2K0.04%−16,125−52.5%Reduced
Robeco Institutional Asset Management B.V.14,260$361.2K0.00%00.0%Unchanged