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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, 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.

Institutional holdersQ4 2025: 180 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 heldQ4 2025: $2.70B
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, Q4 2025

Shares, value and share of portfolio for each institution holding GDS Holdings Ltd; share changes are against Q3 2025.

Institutions holding GDS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc6$00.00%00.0%Unchanged
SBI Securities Co., Ltd.1$350.00%00.0%Unchanged
Root Financial Partners, LLC1$350.00%+1New
Abound Wealth Management4$1400.00%00.0%Unchanged
Financial Consulate, Inc8$2800.00%+8New
True Wealth Design, LLC10$3490.00%+10New
IMA Wealth, Inc.18$6280.00%+18New
DV Trading LLC20$6980.00%+20New
Parkside Financial Bank & Trust22$7680.00%00.0%Unchanged
MAI Capital Management23$8030.00%00.0%Unchanged
Bare Financial Services, Inc23$8030.00%00.0%Unchanged
UMA Financial Services, Inc.28$9780.00%00.0%Unchanged
Tower Research Capital LLC (TRC)32$1.12K0.00%−1,902−98.3%Reduced
UBS Asset Management Americas Inc37$1.29K0.00%+37New
Ronald Blue Trust, Inc.39$1.36K0.00%−56−58.9%Reduced
FMR LLC47$1.64K0.00%−314,585−100.0%Reduced
Stone House Investment Management, LLC60$2.09K0.00%+60New
Allworth Financial LP100$3.49K0.00%+10+11.1%Added
Walsh & Associates, LLC166$5.79K0.01%+166New
Rhumbline Advisers191$6.67K0.00%+121+172.9%Added
Bell Investment Advisors, Inc210$7.33K0.00%+90+75.0%Added
CWM, LLC309$11.0K0.00%+126+68.9%Added
Rockefeller Capital Management L.P.360$12.6K0.00%+91+33.8%Added
CIBC Private Wealth Group, LLC375$13.1K0.00%−207−35.6%Reduced
Quantbot Technologies LP403$14.1K0.00%+364+933.3%Added
Elequin Capital LP405$14.1K0.00%+405New
Larson Financial Group LLC544$19.0K0.00%+380+231.7%Added
Pinnacle Wealth Planning Services, Inc.564$19.7K0.00%+564New
Smartleaf Asset Management LLC653$22.6K0.00%+653New
Assetmark, Inc674$23.5K0.00%−11−1.6%Reduced
Macquarie Group Ltd755$26.4K0.00%00.0%Unchanged
Huntington National Bank838$29.2K0.00%00.0%Unchanged
Leonteq Securities AG962$33.6K0.00%+275+40.0%Added
Federation des caisses Desjardins du Quebec1,000$34.9K0.00%00.0%Unchanged
GWM Advisors LLC1,000$34.9K0.00%00.0%Unchanged
Jones Financial Companies LLLP1,108$38.7K0.00%+107+10.7%Added
EverSource Wealth Advisors, LLC1,245$43.5K0.00%−132−9.6%Reduced
Basecamp Wealth Advisors LLC1,360$47.5K0.01%+1,360New
Storebrand Asset Management AS1,369$47.8K0.00%00.0%Unchanged
Van Eck Associates Corp1,692$59.0K0.00%+1,202+245.3%Added
Northwestern Mutual Wealth Management Co1,787$62.4K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,884$65.8K0.02%+95+5.3%Added
Loomis Sayles & Co L P3,393$118.4K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.3,601$125.7K0.00%+784+27.8%Added
Advisors Asset Management, Inc.3,666$127.9K0.00%+1,160+46.3%Added
Hantz Financial Services, Inc.3,827$134.0K0.00%+2,462+180.4%Added
Advisor Group Holdings, Inc.4,984$173.9K0.00%+2,919+141.4%Added
Bank of Montreal5,806$202.6K0.00%+5,806New
O'Shaughnessy Asset Management, LLC5,824$203.3K0.00%+577+11.0%Added
XTX Topco Ltd5,864$204.7K0.01%−1,745−22.9%Reduced
US Bancorp6,022$210.2K0.00%−247−3.9%Reduced
Signaturefd, LLC6,295$219.7K0.00%−1,156−15.5%Reduced
Agf Management Ltd6,447$225.0K0.00%+6,447New
Harbour Capital Advisors, LLC6,000$230.0K0.05%−925−13.4%Reduced
LPL Financial LLC6,689$233.4K0.00%−5,472−45.0%Reduced
Profund Advisors LLC6,868$239.7K0.01%−1,921−21.9%Reduced
Parallel Advisors, LLC6,901$240.8K0.00%+236+3.5%Added
Jefferies Financial Group Inc.7,000$244.3K0.00%+7,000New
Resources Investment Advisors, LLC.7,095$247.6K0.00%−27−0.4%Reduced
Marex Group plc7,357$256.8K0.00%−13,501−64.7%Reduced
Polymer Capital Management (HK) LTD7,684$268.2K0.04%−4,316−36.0%Reduced
Wealthcare Advisory Partners LLC7,750$270.5K0.01%00.0%Unchanged
Tudor Investment Corp Et Al7,799$272.2K0.00%+7,799New
Pension & Wealth Management Advisors, Inc.7,947$277.4K0.08%+3,407+75.0%Added
Quadrant Capital Group LLC8,288$289.3K0.01%−255−3.0%Reduced
Harvest Fund Management Co., Ltd8,362$292.0K0.01%−10,000−54.5%Reduced
AQR Capital Management LLC8,903$310.7K0.00%+8,903New
Capstone Investment Advisors, LLC10,596$369.8K0.00%+10,596New
Legal & General Group Plc10,658$372.2K0.00%−162−1.5%Reduced
Wealth Enhancement Advisory Services, LLC10,809$407.2K0.00%+421+4.1%Added
Bayforest Capital Ltd11,757$410.3K0.31%+5,027+74.7%Added
Two Sigma Advisers, LP11,900$415.3K0.00%+4,400+58.7%Added
Prelude Capital Management, LLC12,037$420.1K0.03%−4,715−28.1%Reduced
Macroview Investment Management LLC12,460$434.9K0.30%00.0%Unchanged
Vident Advisory, LLC12,673$442.3K0.00%−3,266−20.5%Reduced
Persistent Asset Partners Ltd13,271$463.2K0.22%+13,271New
Vise Technologies, Inc.13,717$478.7K0.01%+1,435+11.7%Added
Argos Wealth Advisors, LLC14,322$499.8K0.15%+14,322New
Quantinno Capital Management LP14,379$501.8K0.00%+2,245+18.5%Added
Farther Finance Advisors, LLC14,978$522.7K0.01%−133−0.9%Reduced
Quent Capital, LLC15,000$523.5K0.04%+15,000New
Baader Bank INC15,512$534.5K0.04%+15,512New
Portolan Capital Management, LLC15,359$536.0K0.03%+1,295+9.2%Added
Elevate Capital Advisors, LLC15,820$552.1K0.37%+15,820New
JustInvest LLC15,955$556.8K0.01%+468+3.0%Added
Skopos Labs, Inc.16,112$558.3K0.03%+16,112New
Eschler Asset Management LLP16,300$568.9K0.39%−465,171−96.6%Reduced
Long Corridor Asset Management Ltd17,425$608.1K0.04%−67,470−79.5%Reduced
Harbor Advisors LLC20,000$698.0K0.10%+5,000+33.3%Added
Laird Norton Trust Company, LLC20,428$712.9K0.01%+20,428New
State of Wyoming20,590$718.6K0.08%+2,755+15.4%Added
Galvin, Gaustad & Stein, LLC21,354$745.3K0.06%+14,403+207.2%Added
DV Equities, LLC173,200$749.8K0.14%+173,200New
Northern Trust Corp25,328$883.9K0.00%+3,040+13.6%Added
ExodusPoint Capital Management, LP27,781$969.6K0.01%+11,719+73.0%Added
Mariner, LLC28,972$1.01M0.00%+2,578+9.8%Added
Massar Capital Management, LP29,000$1.01M0.20%−24,570−45.9%Reduced
Ameriprise Financial Inc29,117$1.02M0.00%−327,248−91.8%Reduced
Wells Fargo & Company30,615$1.07M0.00%+3,497+12.9%Added
Susquehanna Advisors Group, Inc.31,427$1.10M0.04%−2,400−7.1%Reduced