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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
Quantinno Capital Management LP14,379$501.8K0.00%+2,245+18.5%Added
Argos Wealth Advisors, LLC14,322$499.8K0.15%+14,322New
Vise Technologies, Inc.13,717$478.7K0.01%+1,435+11.7%Added
Persistent Asset Partners Ltd13,271$463.2K0.22%+13,271New
Vident Advisory, LLC12,673$442.3K0.00%−3,266−20.5%Reduced
Macroview Investment Management LLC12,460$434.9K0.30%00.0%Unchanged
Prelude Capital Management, LLC12,037$420.1K0.03%−4,715−28.1%Reduced
Two Sigma Advisers, LP11,900$415.3K0.00%+4,400+58.7%Added
Bayforest Capital Ltd11,757$410.3K0.31%+5,027+74.7%Added
Wealth Enhancement Advisory Services, LLC10,809$407.2K0.00%+421+4.1%Added
Legal & General Group Plc10,658$372.2K0.00%−162−1.5%Reduced
Capstone Investment Advisors, LLC10,596$369.8K0.00%+10,596New
AQR Capital Management LLC8,903$310.7K0.00%+8,903New
Harvest Fund Management Co., Ltd8,362$292.0K0.01%−10,000−54.5%Reduced
Quadrant Capital Group LLC8,288$289.3K0.01%−255−3.0%Reduced
Pension & Wealth Management Advisors, Inc.7,947$277.4K0.08%+3,407+75.0%Added
Tudor Investment Corp Et Al7,799$272.2K0.00%+7,799New
Wealthcare Advisory Partners LLC7,750$270.5K0.01%00.0%Unchanged
Polymer Capital Management (HK) LTD7,684$268.2K0.04%−4,316−36.0%Reduced
Marex Group plc7,357$256.8K0.00%−13,501−64.7%Reduced
Resources Investment Advisors, LLC.7,095$247.6K0.00%−27−0.4%Reduced
Jefferies Financial Group Inc.7,000$244.3K0.00%+7,000New
Parallel Advisors, LLC6,901$240.8K0.00%+236+3.5%Added
Profund Advisors LLC6,868$239.7K0.01%−1,921−21.9%Reduced
LPL Financial LLC6,689$233.4K0.00%−5,472−45.0%Reduced
Harbour Capital Advisors, LLC6,000$230.0K0.05%−925−13.4%Reduced
Agf Management Ltd6,447$225.0K0.00%+6,447New
Signaturefd, LLC6,295$219.7K0.00%−1,156−15.5%Reduced
US Bancorp6,022$210.2K0.00%−247−3.9%Reduced
XTX Topco Ltd5,864$204.7K0.01%−1,745−22.9%Reduced
O'Shaughnessy Asset Management, LLC5,824$203.3K0.00%+577+11.0%Added
Bank of Montreal5,806$202.6K0.00%+5,806New
Advisor Group Holdings, Inc.4,984$173.9K0.00%+2,919+141.4%Added
Hantz Financial Services, Inc.3,827$134.0K0.00%+2,462+180.4%Added
Advisors Asset Management, Inc.3,666$127.9K0.00%+1,160+46.3%Added
The PNC Financial Services Group, Inc.3,601$125.7K0.00%+784+27.8%Added
Loomis Sayles & Co L P3,393$118.4K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,884$65.8K0.02%+95+5.3%Added
Northwestern Mutual Wealth Management Co1,787$62.4K0.00%00.0%Unchanged
Van Eck Associates Corp1,692$59.0K0.00%+1,202+245.3%Added
Storebrand Asset Management AS1,369$47.8K0.00%00.0%Unchanged
Basecamp Wealth Advisors LLC1,360$47.5K0.01%+1,360New
EverSource Wealth Advisors, LLC1,245$43.5K0.00%−132−9.6%Reduced
Jones Financial Companies LLLP1,108$38.7K0.00%+107+10.7%Added
GWM Advisors LLC1,000$34.9K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,000$34.9K0.00%00.0%Unchanged
Leonteq Securities AG962$33.6K0.00%+275+40.0%Added
Huntington National Bank838$29.2K0.00%00.0%Unchanged
Macquarie Group Ltd755$26.4K0.00%00.0%Unchanged
Assetmark, Inc674$23.5K0.00%−11−1.6%Reduced
Smartleaf Asset Management LLC653$22.6K0.00%+653New
Pinnacle Wealth Planning Services, Inc.564$19.7K0.00%+564New
Larson Financial Group LLC544$19.0K0.00%+380+231.7%Added
Elequin Capital LP405$14.1K0.00%+405New
Quantbot Technologies LP403$14.1K0.00%+364+933.3%Added
CIBC Private Wealth Group, LLC375$13.1K0.00%−207−35.6%Reduced
Rockefeller Capital Management L.P.360$12.6K0.00%+91+33.8%Added
CWM, LLC309$11.0K0.00%+126+68.9%Added
Bell Investment Advisors, Inc210$7.33K0.00%+90+75.0%Added
Rhumbline Advisers191$6.67K0.00%+121+172.9%Added
Walsh & Associates, LLC166$5.79K0.01%+166New
Allworth Financial LP100$3.49K0.00%+10+11.1%Added
Stone House Investment Management, LLC60$2.09K0.00%+60New
FMR LLC47$1.64K0.00%−314,585−100.0%Reduced
Ronald Blue Trust, Inc.39$1.36K0.00%−56−58.9%Reduced
UBS Asset Management Americas Inc37$1.29K0.00%+37New
Tower Research Capital LLC (TRC)32$1.12K0.00%−1,902−98.3%Reduced
UMA Financial Services, Inc.28$9780.00%00.0%Unchanged
MAI Capital Management23$8030.00%00.0%Unchanged
Bare Financial Services, Inc23$8030.00%00.0%Unchanged
Parkside Financial Bank & Trust22$7680.00%00.0%Unchanged
DV Trading LLC20$6980.00%+20New
IMA Wealth, Inc.18$6280.00%+18New
True Wealth Design, LLC10$3490.00%+10New
Financial Consulate, Inc8$2800.00%+8New
Abound Wealth Management4$1400.00%00.0%Unchanged
SBI Securities Co., Ltd.1$350.00%00.0%Unchanged
Root Financial Partners, LLC1$350.00%+1New
Bessemer Group Inc6$00.00%00.0%Unchanged
Barometer Capital Management Inc.6,500––−87,100−93.1%Reduced
Jane Street Group, LLC0$00.00%−2,190,254−100.0%Sold out
Ardmore Road Asset Management LP0$00.00%−401,000−100.0%Sold out
Monolith Management Ltd0$00.00%−345,305−100.0%Sold out
Moore Capital Management, LP0$00.00%−335,040−100.0%Sold out
National Bank of Canada0$00.00%−312,400−100.0%Sold out
Tairen Capital Ltd0$00.00%−241,156−100.0%Sold out
Waterfront Capital Partners, LLC0$00.00%−225,812−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−200,000−100.0%Sold out
Maplelane Capital, LLC0$00.00%−184,000−100.0%Sold out
Melqart Asset Management (UK) Ltd0$00.00%−180,567−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−149,169−100.0%Sold out
XY Capital Ltd0$00.00%−97,061−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−88,519−100.0%Sold out
Hel Ved Capital Management Ltd0$00.00%−84,400−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−78,812−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−75,000−100.0%Sold out
Sig Brokerage, LP0$00.00%−63,710−100.0%Sold out
Glaxis Capital Management, LLC0$00.00%−60,000−100.0%Sold out
Verition Fund Management LLC0$00.00%−56,939−100.0%Sold out
Sender Co & Partners, Inc.0$00.00%−56,104−100.0%Sold out