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, Q4 2025
Institutional positions in GDS Holdings Ltd as of Dec 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
- 180
- −22 vs. Q3 2025
- Shares held
- 77.5M
- +251.7K (+0.3%) vs. Q3 2025
- Total value
- $2.70B
- −$291.3M (−9.7%) vs. Q3 2025
- New holders
- 35
- 67 more added
- Sold out
- 57
- 54 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 197 | $3.15B |
| Q1 2026 | 206 | $3.67B |
| Q4 2025 | 180 | $2.70B |
| Q3 2025 | 204 | $3.01B |
| Q2 2025 | 161 | $2.47B |
| Q1 2025 | 154 | $1.91B |
| Q4 2024 | 137 | $1.98B |
| Q3 2024 | 139 | $1.64B |
| Q2 2024 | 109 | $773.8M |
| Q1 2024 | 107 | $510.5M |
| Q4 2023 | 107 | $606.8M |
| Q3 2023 | 103 | $690.6M |
| Q2 2023 | 120 | $708.1M |
| Q1 2023 | 136 | $1.33B |
| Q4 2022 | 147 | $1.49B |
| Q3 2022 | 136 | $1.22B |
| Q2 2022 | 172 | $2.66B |
| Q1 2022 | 208 | $3.50B |
| Q4 2021 | 228 | $4.82B |
| Q3 2021 | 235 | $5.78B |
| Q2 2021 | 267 | $8.31B |
| Q1 2021 | 278 | $8.44B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding GDS Holdings Ltd; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Singapore Technologies Telemedia Pte Ltd | 9,835,680 | $343.3M | 100.00% | 00.0% | Unchanged |
| Sachem Head Capital Management LP | 9,300,000 | $324.6M | 7.61% | +2,885,000+45.0% | Added |
| Canada Pension Plan Investment Board | 7,004,083 | $244.4M | 0.16% | 00.0% | Unchanged |
| Tekne Capital Management, LLC | 5,051,818 | $176.3M | 62.93% | −1,284,638−20.3% | Reduced |
| 12 West Capital Management LP | 4,283,776 | $149.5M | 17.80% | −238,200−5.3% | Reduced |
| Bamco Inc | 3,784,848 | $132.1M | 0.36% | −473,816−11.1% | Reduced |
| Baupost Group LLCSuperinvestorBaupost Group | 3,044,818 | $106.3M | 2.01% | −205,134−6.3% | Reduced |
| Triata Capital Ltd | 2,974,298 | $103.8M | 12.58% | +566,345+23.5% | Added |
| Carrhae Capital LLP | 2,167,199 | $75.6M | 5.04% | +518,921+31.5% | Added |
| Bank of America Corp | 1,734,887 | $60.5M | 0.00% | +1,205,351+227.6% | Added |
| Barclays PLC | 1,720,247 | $60.0M | 0.02% | +1,711,989+20,731.3% | Added |
| UBS Group AG | 1,553,401 | $54.2M | 0.01% | +98,839+6.8% | Added |
| Marshall Wace, LLP | 1,506,344 | $52.6M | 0.05% | +279,141+22.7% | Added |
| Discovery Capital Management, LLC | 1,428,017 | $49.8M | 2.70% | +371,817+35.2% | Added |
| Point72 Asset Management, L.P. | 1,203,879 | $42.0M | 0.07% | +1,045,229+658.8% | Added |
| American Century Companies Inc | 1,173,492 | $41.0M | 0.02% | +67,539+6.1% | Added |
| Morgan Stanley | 1,148,494 | $40.1M | 0.00% | −2,561−0.2% | Reduced |
| Alyeska Investment Group, L.P. | 1,028,000 | $35.9M | 0.10% | −864,103−45.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 878,448 | $30.7M | 0.05% | +291,898+49.8% | Added |
| Cerity Partners LLC | 787,502 | $27.5M | 0.04% | −100.0% | Reduced |
| Burkehill Global Management, LP | 700,000 | $24.4M | 1.61% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 691,698 | $24.1M | 0.03% | −27,567−3.8% | Reduced |
| BlackRock, Inc. | 675,124 | $23.6M | 0.00% | +123,415+22.4% | Added |
| JPMorgan Chase & Co | 669,548 | $23.4M | 0.00% | −446,945−40.0% | Reduced |
| Millennium Management LLC | 625,007 | $21.8M | 0.02% | +139,789+28.8% | Added |
| Tiger Pacific Capital LP | 599,097 | $20.9M | 5.59% | +599,097 | New |
| Standard Life Aberdeen plc | 576,498 | $20.1M | 0.03% | +124,473+27.5% | Added |
| Philosophy Capital Management LLC | 570,140 | $19.9M | 2.33% | +570,140 | New |
| Nishkama Capital, LLC | 557,312 | $19.5M | 2.63% | −167,167−23.1% | Reduced |
| Senvest Management, LLC | 502,655 | $17.5M | 0.54% | +502,655 | New |
| MY.Alpha Management HK Advisors Ltd | 454,171 | $15.9M | 8.50% | −72,532−13.8% | Reduced |
| Franklin Resources Inc | 442,602 | $15.4M | 0.00% | +442,602 | New |
| Goldman Sachs Group Inc | 403,419 | $14.1M | 0.00% | −518,730−56.3% | Reduced |
| Nuveen, LLC | 377,800 | $13.2M | 0.00% | −6,600−1.7% | Reduced |
| APG Asset Management N.V. | 421,577 | $12.5M | 0.04% | 00.0% | Unchanged |
| LMR Partners LLP | 323,965 | $11.3M | 0.11% | −45,425−12.3% | Reduced |
| Fred Alger Management, LLC | 322,589 | $11.3M | 0.04% | +20,136+6.7% | Added |
| HSBC Holdings PLC | 309,502 | $10.8M | 0.01% | +267,010+628.4% | Added |
| BNP Paribas Arbitrage, SA | 307,830 | $10.7M | 0.01% | +16,594+5.7% | Added |
| Selkirk Management LLC | 287,000 | $10.0M | 2.65% | 00.0% | Unchanged |
| Royal Bank of Canada | 277,763 | $9.69M | 0.00% | +2,710+1.0% | Added |
| Balyasny Asset Management LLC | 270,069 | $9.43M | 0.02% | −20,981−7.2% | Reduced |
| SIH Partners, LLLP | 265,200 | $9.26M | 0.54% | +37,100+16.3% | Added |
| Citigroup Inc | 254,537 | $8.88M | 0.01% | +204,675+410.5% | Added |
| Pinnacle Associates Ltd | 253,387 | $8.84M | 0.11% | +200.0% | Added |
| Deutsche Bank AG | 215,110 | $7.51M | 0.00% | +30,040+16.2% | Added |
| Susquehanna International Group, LLP | 214,649 | $7.49M | 0.01% | −206,325−49.0% | Reduced |
| Pacer Advisors, Inc. | 209,952 | $7.33M | 0.02% | −296,990−58.6% | Reduced |
| Jain Global LLC | 202,193 | $7.06M | 0.07% | +40,238+24.8% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 200,000 | $6.98M | 0.69% | +50,000+33.3% | Added |
| Dimensional Fund Advisors LP | 197,209 | $6.88M | 0.00% | +11,440+6.2% | Added |
| Maxi Investments CY Ltd | 172,700 | $6.03M | 1.10% | +172,700 | New |
| AI-Squared Management Ltd | 166,740 | $5.82M | 6.76% | +68,460+69.7% | Added |
| Saba Capital Management, L.P. | 160,000 | $5.58M | 0.19% | 00.0% | Unchanged |
| Walleye Capital LLC | 150,534 | $5.25M | 0.03% | −102,691−40.6% | Reduced |
| Pictet Asset Management Holding SA | 142,771 | $4.98M | 0.00% | +142,771 | New |
| Raymond James Financial Inc | 138,379 | $4.83M | 0.00% | +13,673+11.0% | Added |
| Beaconlight Capital, LLC | 136,043 | $4.75M | 2.77% | −25,772−15.9% | Reduced |
| PEAK6 LLC | 121,194 | $4.23M | 0.12% | −22,366−15.6% | Reduced |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 109,321 | $3.82M | 0.79% | +5,147+4.9% | Added |
| Trexquant Investment LP | 106,406 | $3.71M | 0.03% | +65,812+162.1% | Added |
| Electron Capital Partners, LLC | 105,448 | $3.68M | 0.17% | +36,166+52.2% | Added |
| Lighthouse Investment Partners, LLC | 104,344 | $3.64M | 0.12% | −48,124−31.6% | Reduced |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 92,298 | $3.22M | 0.71% | +28,575+44.8% | Added |
| Hidden Lake Asset Management LP | 87,877 | $3.07M | 1.67% | −117,619−57.2% | Reduced |
| Geode Capital Management, LLC | 85,211 | $2.97M | 0.00% | −5,198−5.7% | Reduced |
| Future Fund LLC | 71,699 | $2.50M | 0.88% | +8,394+13.3% | Added |
| Fiera Capital Corp | 71,052 | $2.48M | 0.01% | +71,052 | New |
| Invesco Ltd. | 69,516 | $2.43M | 0.00% | −8,011−10.3% | Reduced |
| Light Street Capital Management, LLC | 65,272 | $2.28M | 0.35% | −179,285−73.3% | Reduced |
| Citadel Advisors LLC | 60,674 | $2.12M | 0.00% | −458,710−88.3% | Reduced |
| One Capital Management, LLC | 59,048 | $2.06M | 0.06% | +17,280+41.4% | Added |
| IMC-Chicago, LLC | 55,332 | $1.93M | 0.03% | +55,332 | New |
| Creative Planning | 53,330 | $1.86M | 0.00% | +22,818+74.8% | Added |
| Driehaus Capital Management LLC | 51,576 | $1.80M | 0.01% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 37,074 | $1.29M | 0.00% | −6,183−14.3% | Reduced |
| Jump Financial, LLC | 34,619 | $1.21M | 0.02% | +34,619 | New |
| CastleKnight Management LP | 34,200 | $1.19M | 0.07% | 00.0% | Unchanged |
| BlueCrest Capital Management Ltd | 31,535 | $1.10M | 0.04% | +23,811+308.3% | Added |
| Susquehanna Advisors Group, Inc. | 31,427 | $1.10M | 0.04% | −2,400−7.1% | Reduced |
| Wells Fargo & Company | 30,615 | $1.07M | 0.00% | +3,497+12.9% | Added |
| Ameriprise Financial Inc | 29,117 | $1.02M | 0.00% | −327,248−91.8% | Reduced |
| Massar Capital Management, LP | 29,000 | $1.01M | 0.20% | −24,570−45.9% | Reduced |
| Mariner, LLC | 28,972 | $1.01M | 0.00% | +2,578+9.8% | Added |
| ExodusPoint Capital Management, LP | 27,781 | $969.6K | 0.01% | +11,719+73.0% | Added |
| Northern Trust Corp | 25,328 | $883.9K | 0.00% | +3,040+13.6% | Added |
| DV Equities, LLC | 173,200 | $749.8K | 0.14% | +173,200 | New |
| Galvin, Gaustad & Stein, LLC | 21,354 | $745.3K | 0.06% | +14,403+207.2% | Added |
| State of Wyoming | 20,590 | $718.6K | 0.08% | +2,755+15.4% | Added |
| Laird Norton Trust Company, LLC | 20,428 | $712.9K | 0.01% | +20,428 | New |
| Harbor Advisors LLC | 20,000 | $698.0K | 0.10% | +5,000+33.3% | Added |
| Long Corridor Asset Management Ltd | 17,425 | $608.1K | 0.04% | −67,470−79.5% | Reduced |
| Eschler Asset Management LLP | 16,300 | $568.9K | 0.39% | −465,171−96.6% | Reduced |
| Skopos Labs, Inc. | 16,112 | $558.3K | 0.03% | +16,112 | New |
| JustInvest LLC | 15,955 | $556.8K | 0.01% | +468+3.0% | Added |
| Elevate Capital Advisors, LLC | 15,820 | $552.1K | 0.37% | +15,820 | New |
| Portolan Capital Management, LLC | 15,359 | $536.0K | 0.03% | +1,295+9.2% | Added |
| Baader Bank INC | 15,512 | $534.5K | 0.04% | +15,512 | New |
| Quent Capital, LLC | 15,000 | $523.5K | 0.04% | +15,000 | New |
| Farther Finance Advisors, LLC | 14,978 | $522.7K | 0.01% | −133−0.9% | Reduced |