Skip to main content

D-MARKET Electronic Services & Trading

HEPS
Exchange
Nasdaq
Industry
Retail-Catalog & Mail-Order Houses
SEC CIK
0001850235

No open-market purchases or sales by D-MARKET Electronic Services & Trading insiders were filed in the last 90 days; 32 institutions reported holding it in 13F filings for Q2 2026, worth $74.5M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in D-MARKET Electronic Services & Trading 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
32
−9 vs. Q3 2025
Shares held
30.4M
−12.0M (−28.3%) vs. Q3 2025
Total value
$75.3M
−$38.5M (−33.8%) vs. Q3 2025
New holders
5
10 more added
Sold out
14
11 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 HEPS 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: 32 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 38 institutionsQ4 2021: 35 institutionsQ1 2022: 36 institutionsQ2 2022: 41 institutionsQ3 2022: 32 institutionsQ4 2022: 35 institutionsQ1 2023: 34 institutionsQ2 2023: 40 institutionsQ3 2023: 36 institutionsQ4 2023: 35 institutionsQ1 2024: 33 institutionsQ2 2024: 41 institutionsQ3 2024: 41 institutionsQ4 2024: 46 institutionsQ1 2025: 40 institutionsQ2 2025: 41 institutionsQ3 2025: 43 institutionsQ4 2025: 32 institutionsQ1 2026: 30 institutionsQ2 2026: 32 institutions
Value heldQ4 2025: $75.3M
Q1 2021: $0Q2 2021: $0Q3 2021: $414.4MQ4 2021: $105.4MQ1 2022: $118.8MQ2 2022: $25.5MQ3 2022: $36.6MQ4 2022: $16.9MQ1 2023: $29.6MQ2 2023: $37.4MQ3 2023: $26.0MQ4 2023: $31.0MQ1 2024: $23.7MQ2 2024: $33.9MQ3 2024: $31.6MQ4 2024: $99.7MQ1 2025: $122.1MQ2 2025: $115.5MQ3 2025: $113.9MQ4 2025: $75.3MQ1 2026: $66.2MQ2 2026: $74.5M
Institutions holding HEPS and their total value by quarter
QuarterHoldersValue
Q2 202632$74.5M
Q1 202630$66.2M
Q4 202532$75.3M
Q3 202543$113.9M
Q2 202541$115.5M
Q1 202540$122.1M
Q4 202446$99.7M
Q3 202441$31.6M
Q2 202441$33.9M
Q1 202433$23.7M
Q4 202335$31.0M
Q3 202336$26.0M
Q2 202340$37.4M
Q1 202334$29.6M
Q4 202235$16.9M
Q3 202232$36.6M
Q2 202241$25.5M
Q1 202236$118.8M
Q4 202135$105.4M
Q3 202138$414.4M
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding D-MARKET Electronic Services & Trading; share changes are against Q3 2025.

Institutions holding HEPS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Rossby Financial, LCC11$270.00%00.0%Unchanged
Bank of America Corp65$1610.00%+65New
Jones Financial Companies LLLP200$4960.00%00.0%Unchanged
SBI Securities Co., Ltd.5,087$12.6K0.00%+66+1.3%Added
Northern Trust Corp12,311$30.5K0.00%+1,681+15.8%Added
Vident Advisory, LLC12,669$31.4K0.00%−1,641−11.5%Reduced
FMR LLC13,188$32.7K0.00%−7,401−35.9%Reduced
Rhumbline Advisers14,066$34.9K0.00%−1,089−7.2%Reduced
Two Sigma Investments, LP17,938$44.5K0.00%−3,400−15.9%Reduced
GAMMA Investing LLC18,619$46.2K0.00%−2,715−12.7%Reduced
Graham Capital Management, L.P.21,995$54.5K0.00%+21,995New
Two Sigma Advisers, LP22,600$56.0K0.00%−100−0.4%Reduced
Capricorn Fund Managers Ltd29,185$72.4K0.02%00.0%Unchanged
Schonfeld Strategic Advisors LLC69,000$171.1K0.00%00.0%Unchanged
Millennium Management LLC75,480$187.2K0.00%+75,480New
Standard Life Aberdeen plc77,099$191.2K0.00%+77,099New
Wealth Enhancement Advisory Services, LLC80,338$216.9K0.00%+19,841+32.8%Added
Mirae Asset Global ETFs Holdings Ltd.136,461$338.4K0.00%−19,432−12.5%Reduced
Geode Capital Management, LLC155,287$385.1K0.00%+25,032+19.2%Added
Russell Investments Group, Ltd.157,458$390.5K0.00%−250.0%Reduced
ABS Direct Equity Fund LLC185,300$459.5K0.55%00.0%Unchanged
Nomura Asset Management International Inc.188,004$465.6K0.00%+188,004New
Rangeley Capital, LLC200,000$496.0K0.43%00.0%Unchanged
Gsa Capital Partners LLP308,126$764.0K0.07%+70,905+29.9%Added
GAM Holding AG450,000$1.12M0.07%+150,000+50.0%Added
Morgan Stanley838,360$2.08M0.00%−278,384−24.9%Reduced
BNP Paribas Arbitrage, SA868,632$2.15M0.00%+1,676+0.2%Added
UBS Group AG892,087$2.21M0.00%+200,404+29.0%Added
State Street Corp2,379,825$5.90M0.00%+1,560,395+190.4%Added
BlackRock, Inc.3,017,777$7.48M0.00%−430.0%Reduced
Hosking Partners LLP3,646,033$9.04M0.31%−51,536−1.4%Reduced
VR Advisory Services Ltd16,472,821$40.9M6.47%+531,084+3.3%Added
Brightlight Capital Management LP0$00.00%−6,305,000−100.0%Sold out
Luxor Capital Group, LP0$00.00%−3,912,903−100.0%Sold out
Tekne Capital Management, LLC0$00.00%−1,611,112−100.0%Sold out
BIT Capital GmbH0$00.00%−1,538,011−100.0%Sold out
Marex Group plc0$00.00%−742,707−100.0%Sold out
Macquarie Group Ltd0$00.00%−183,924−100.0%Sold out
Renaissance Technologies LLC0$00.00%−118,188−100.0%Sold out
GWM Advisors LLC0$00.00%−37,687−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−32,489−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−15,582−100.0%Sold out
Ieq Capital, LLC0$00.00%−11,374−100.0%Sold out
Simplex Trading, LLC0$00.00%−5,646−100.0%Sold out
EverSource Wealth Advisors, LLC0$00.00%−912−100.0%Sold out
SJS Investment Consulting Inc.0$00.00%−436−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed
Point72 (DIFC) Ltd––––Not filed