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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
Tekne Capital Management, LLC6,336,456$245.2M69.24%+72,989+1.2%Added
Sachem Head Capital Management LP6,415,000$248.3M7.01%−464,485−6.8%Reduced
Canada Pension Plan Investment Board7,004,083$271.1M0.19%00.0%Unchanged
Singapore Technologies Telemedia Pte Ltd9,835,680$380.6M100.00%−6,000,000−37.9%Reduced
Aspex Management (HK) Ltd0$00.00%−4,406,949−100.0%Sold out
Massachusetts Financial Services Co0$00.00%−1,204,006−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−232,736−100.0%Sold out
Centerbridge Partners, L.P.0$00.00%−204,971−100.0%Sold out
Anson Funds Management LP0$00.00%−75,000−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−46,984−100.0%Sold out
Caption Management, LLC0$00.00%−40,000−100.0%Sold out
State of New Jersey Common Pension Fund D0$00.00%−36,694−100.0%Sold out
Group One Trading, L.P.0$00.00%−29,066−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−27,673−100.0%Sold out
Hood River Capital Management LLC0$00.00%−25,297−100.0%Sold out
Capula Management Ltd0$00.00%−20,000−100.0%Sold out
Agf Management Ltd0$00.00%−12,323−100.0%Sold out
Scientech Research LLC0$00.00%−11,613−100.0%Sold out
Summit Global Investments0$00.00%−11,465−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−9,938−100.0%Sold out
Brookfield Asset Management Inc.0$00.00%−5,142−100.0%Sold out
Credit Industriel Et Commercial0$00.00%−4,791−100.0%Sold out
Skopos Labs, Inc.0$00.00%−926−100.0%Sold out
Raiffeisen Bank International AG0$00.00%−883−100.0%Sold out
Walleye Trading LLC0$00.00%−503−100.0%Sold out
Lazard Asset Management LLC0$00.00%−504−100.0%Sold out
Norges Bank––––Not filed
HAP Trading, LLC––––Not filed