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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, Q3 2025

Institutional positions in GDS Holdings Ltd as of Sep 30, 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
204
+45 vs. Q2 2025
Shares held
77.8M
−2.62M (−3.3%) vs. Q2 2025
Total value
$3.01B
+$553.2M (+22.5%) vs. Q2 2025
New holders
67
68 more added
Sold out
22
52 more reduced

2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: 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 holdersQ3 2025: 204 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 heldQ3 2025: $3.01B
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, Q3 2025

Shares, value and share of portfolio for each institution holding GDS Holdings Ltd; share changes are against Q2 2025.

Institutions holding GDS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Singapore Technologies Telemedia Pte Ltd9,835,680$380.6M100.00%−6,000,000−37.9%Reduced
Canada Pension Plan Investment Board7,004,083$271.1M0.19%00.0%Unchanged
Sachem Head Capital Management LP6,415,000$248.3M7.01%−464,485−6.8%Reduced
Tekne Capital Management, LLC6,336,456$245.2M69.24%+72,989+1.2%Added
12 West Capital Management LP4,521,976$175.0M18.15%−342,500−7.0%Reduced
Bamco Inc4,258,664$164.8M0.44%+1,104,756+35.0%Added
Baupost Group LLCSuperinvestorBaupost Group3,249,952$125.8M2.63%00.0%Unchanged
Triata Capital Ltd2,407,953$93.2M10.88%+630,339+35.5%Added
Jane Street Group, LLC2,190,254$84.8M0.10%+1,384,624+171.9%Added
Alyeska Investment Group, L.P.1,892,103$73.2M0.22%+724,290+62.0%Added
Carrhae Capital LLP1,648,278$63.8M6.06%+1,231,375+295.4%Added
UBS Group AG1,454,562$56.3M0.01%+475,370+48.5%Added
Marshall Wace, LLP1,227,203$47.5M0.05%+1,157,934+1,671.6%Added
Morgan Stanley1,151,055$44.5M0.00%−1,579,338−57.8%Reduced
JPMorgan Chase & Co1,116,493$43.2M0.00%+1,114,354+52,097.0%Added
American Century Companies Inc1,105,953$42.8M0.02%+275,068+33.1%Added
Discovery Capital Management, LLC1,056,200$40.9M2.24%+1,056,200New
Goldman Sachs Group Inc922,149$35.7M0.01%−1,873,105−67.0%Reduced
Cerity Partners LLC787,512$30.5M0.05%−179,974−18.6%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.719,265$28.7M0.07%+280,806+64.0%Added
Nishkama Capital, LLC724,479$28.0M2.52%+724,479New
Burkehill Global Management, LP700,000$27.1M1.54%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.586,550$22.7M0.04%−14,997−2.5%Reduced
BlackRock, Inc.551,709$21.4M0.00%+245,928+80.4%Added
Bank of America Corp529,536$20.5M0.00%+298,963+129.7%Added
MY.Alpha Management HK Advisors Ltd526,703$20.4M13.20%+59,803+12.8%Added
Citadel Advisors LLC519,384$20.1M0.02%+508,855+4,832.9%Added
Point72 Hong Kong Ltd518,463$20.1M0.93%+518,463New
Pacer Advisors, Inc.506,942$19.6M0.05%−192,537−27.5%Reduced
Millennium Management LLC485,218$18.8M0.01%−126,293−20.7%Reduced
Eschler Asset Management LLP481,471$18.6M13.81%+126,271+35.5%Added
Standard Life Aberdeen plc452,025$17.9M0.03%−85,150−15.9%Reduced
Susquehanna International Group, LLP420,974$16.3M0.02%+231,560+122.3%Added
Ardmore Road Asset Management LP401,000$15.5M1.00%+401,000New
Nuveen, LLC384,400$14.9M0.00%+7,000+1.9%Added
LMR Partners LLP369,390$14.3M0.18%+121,587+49.1%Added
APG Asset Management N.V.421,577$13.9M0.04%00.0%Unchanged
Ameriprise Financial Inc356,365$13.8M0.00%−23,814−6.3%Reduced
Monolith Management Ltd345,305$13.4M5.89%+43,433+14.4%Added
Moore Capital Management, LP335,040$13.0M0.26%+335,040New
FMR LLC314,632$12.2M0.00%−220.0%Reduced
National Bank of Canada312,400$12.1M0.01%−57,200−15.5%Reduced
Fred Alger Management, LLC302,453$11.7M0.05%+134,017+79.6%Added
BNP Paribas Arbitrage, SA291,236$11.3M0.01%−15,415−5.0%Reduced
Balyasny Asset Management LLC291,050$11.3M0.02%−133,205−31.4%Reduced
Selkirk Management LLC287,000$11.1M3.04%00.0%Unchanged
Royal Bank of Canada275,053$10.6M0.00%−35,780−11.5%Reduced
Pinnacle Associates Ltd253,367$9.81M0.13%−7,440−2.9%Reduced
Walleye Capital LLC253,225$9.80M0.08%+174,688+222.4%Added
Light Street Capital Management, LLC244,557$9.46M1.59%−470,025−65.8%Reduced
Tairen Capital Ltd241,156$9.33M1.01%+241,156New
SIH Partners, LLLP228,100$8.83M0.77%+107,012+88.4%Added
Waterfront Capital Partners, LLC225,812$8.74M5.72%−132,409−37.0%Reduced
Hidden Lake Asset Management LP205,496$7.95M3.18%+28,806+16.3%Added
Ghisallo Capital Management LLC200,000$7.74M0.25%−400,000−66.7%Reduced
Dimensional Fund Advisors LP185,769$7.19M0.00%+11,770+6.8%Added
Deutsche Bank AG185,070$7.16M0.00%+90,110+94.9%Added
Maplelane Capital, LLC184,000$7.12M0.34%+119,000+183.1%Added
Melqart Asset Management (UK) Ltd180,567$6.99M0.93%+180,567New
Jain Global LLC161,955$6.27M0.08%+161,955New
Beaconlight Capital, LLC161,815$6.26M3.09%+161,815New
Saba Capital Management, L.P.160,000$6.19M0.20%−7,174−4.3%Reduced
Point72 Asset Management, L.P.158,650$6.14M0.01%+158,650New
Lighthouse Investment Partners, LLC152,468$5.90M0.21%+27,468+22.0%Added
Taikang Asset Management (Hong Kong) Co Ltd150,000$5.80M0.65%+95,000+172.7%Added
Y-Intercept (Hong Kong) Ltd149,169$5.77M0.14%+70,796+90.3%Added
PEAK6 LLC143,560$5.56M0.14%+143,560New
Raymond James Financial Inc124,706$4.83M0.00%+26,066+26.4%Added
Pinpoint Asset Management (Singapore) Pte. Ltd.104,174$4.03M0.74%+104,174New
AI-Squared Management Ltd98,280$3.80M3.96%+87,280+793.5%Added
XY Capital Ltd97,061$3.76M3.13%+87,431+907.9%Added
Barometer Capital Management Inc.93,600$3.62M0.83%+41,000+77.9%Added
Geode Capital Management, LLC90,409$3.50M0.00%+3,057+3.5%Added
Schonfeld Strategic Advisors LLC88,519$3.43M0.02%+52,416+145.2%Added
Long Corridor Asset Management Ltd84,895$3.29M1.34%+84,895New
Hel Ved Capital Management Ltd84,400$3.27M1.77%+84,400New
Qube Research & Technologies Ltd78,812$3.05M0.00%+78,812New
Invesco Ltd.77,527$3.00M0.00%+297+0.4%Added
Healthcare of Ontario Pension Plan Trust Fund75,000$2.90M0.01%+75,000New
Electron Capital Partners, LLC69,282$2.68M0.12%−162−0.2%Reduced
Dymon Asia Capital (Singapore) Pte. Ltd.63,723$2.47M0.99%+23,723+59.3%Added
Sig Brokerage, LP63,710$2.47M0.62%+63,710New
Future Fund LLC63,305$2.45M0.86%+19,709+45.2%Added
Glaxis Capital Management, LLC60,000$2.32M3.86%+60,000New
Verition Fund Management LLC56,939$2.20M0.01%+36,918+184.4%Added
Sender Co & Partners, Inc.56,104$2.17M0.84%+56,104New
Massar Capital Management, LP53,570$2.07M0.74%+53,570New
Driehaus Capital Management LLC51,576$2.00M0.01%−2,428−4.5%Reduced
Citigroup Inc49,862$1.93M0.00%−497,911−90.9%Reduced
Summit Partners Public Asset Management, LLC46,000$1.78M0.06%+46,000New
HSBC Holdings PLC42,492$1.68M0.00%−41,972−49.7%Reduced
Mirae Asset Global Investments Co., Ltd.43,257$1.67M0.01%+38,992+914.2%Added
One Capital Management, LLC41,768$1.62M0.05%+15,404+58.4%Added
Gsa Capital Partners LLP40,822$1.58M0.13%+40,822New
Trexquant Investment LP40,594$1.57M0.02%+40,594New
Pinnbrook Capital Management LP35,579$1.38M0.25%+35,579New
CastleKnight Management LP34,200$1.32M0.07%−10,000−22.6%Reduced
Susquehanna Advisors Group, Inc.33,827$1.31M0.04%+33,827New
Headlands Technologies LLC31,143$1.21M0.10%−15,243−32.9%Reduced
Creative Planning30,512$1.18M0.00%−19,672−39.2%Reduced