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Waterdrop Inc.

WDH
Exchange
NYSE
Industry
Insurance Agents, Brokers & Service
SEC CIK
0001823986

No open-market purchases or sales by Waterdrop Inc. insiders were filed in the last 90 days; 39 institutions reported holding it in 13F filings for Q2 2026, worth $28.1M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Waterdrop Inc. 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
27
+7 vs. Q2 2025
Shares held
13.2M
+1.83M (+16.0%) vs. Q2 2025
Total value
$25.0M
+$9.61M (+62.3%) vs. Q2 2025
New holders
13
8 more added
Sold out
6
3 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 WDH 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: 27 institutions
Q1 2021: 0 institutionsQ2 2021: 22 institutionsQ3 2021: 16 institutionsQ4 2021: 16 institutionsQ1 2022: 13 institutionsQ2 2022: 11 institutionsQ3 2022: 7 institutionsQ4 2022: 10 institutionsQ1 2023: 24 institutionsQ2 2023: 18 institutionsQ3 2023: 18 institutionsQ4 2023: 17 institutionsQ1 2024: 15 institutionsQ2 2024: 19 institutionsQ3 2024: 11 institutionsQ4 2024: 14 institutionsQ1 2025: 10 institutionsQ2 2025: 22 institutionsQ3 2025: 27 institutionsQ4 2025: 35 institutionsQ1 2026: 35 institutionsQ2 2026: 39 institutions
Value heldQ3 2025: $25.0M
Q1 2021: $0Q2 2021: $71.3MQ3 2021: $17.0MQ4 2021: $8.84MQ1 2022: $8.55MQ2 2022: $7.33MQ3 2022: $5.97MQ4 2022: $18.6MQ1 2023: $23.0MQ2 2023: $16.0MQ3 2023: $7.31MQ4 2023: $6.14MQ1 2024: $7.59MQ2 2024: $6.14MQ3 2024: $5.38MQ4 2024: $12.4MQ1 2025: $16.4MQ2 2025: $15.8MQ3 2025: $25.0MQ4 2025: $48.0MQ1 2026: $39.3MQ2 2026: $28.1M
Institutions holding WDH and their total value by quarter
QuarterHoldersValue
Q2 202639$28.1M
Q1 202635$39.3M
Q4 202535$48.0M
Q3 202527$25.0M
Q2 202522$15.8M
Q1 202510$16.4M
Q4 202414$12.4M
Q3 202411$5.38M
Q2 202419$6.14M
Q1 202415$7.59M
Q4 202317$6.14M
Q3 202318$7.31M
Q2 202318$16.0M
Q1 202324$23.0M
Q4 202210$18.6M
Q3 20227$5.97M
Q2 202211$7.33M
Q1 202213$8.55M
Q4 202116$8.84M
Q3 202116$17.0M
Q2 202122$71.3M
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Waterdrop Inc.; share changes are against Q2 2025.

Institutions holding WDH in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IDG China Capital Fund III Associates L.P.5,729,041$10.8M0.69%00.0%Unchanged
Morgan Stanley3,631,118$6.86M0.00%+245,188+7.2%Added
Baader Bank INC1,633,407$3.09M0.26%−27,503−1.7%Reduced
Avenir Tech Ltd859,202$1.62M0.12%+859,202New
Marshall Wace, LLP368,132$695.8K0.00%+349,252+1,849.9%Added
Acadian Asset Management LLC258,589$482.0K0.00%+241,014+1,371.3%Added
Goldman Sachs Group Inc208,811$394.7K0.00%+139,674+202.0%Added
Invesco Ltd.113,485$214.5K0.00%−1,834−1.6%Reduced
State Street Corp74,800$141.4K0.00%+74,800New
Jane Street Group, LLC69,485$131.3K0.00%+69,485New
Gsa Capital Partners LLP46,065$87.0K0.01%+21,953+91.0%Added
GWM Advisors LLC42,161$79.7K0.00%+42,161New
Arrowstreet Capital, Limited Partnership39,372$74.4K0.00%+25,510+184.0%Added
Centiva Capital, LP31,020$58.6K0.01%+31,020New
Cubist Systematic Strategies, LLC26,218$49.6K0.00%+15,522+145.1%Added
Wells Fargo & Company20,000$37.8K0.00%00.0%Unchanged
Russell Investments Group, Ltd.18,613$35.9K0.00%+18,613New
Rhumbline Advisers16,869$31.9K0.00%−1,680−9.1%Reduced
SEI Investments Co13,813$26.1K0.00%+13,813New
Point72 Asia (Singapore) Pte. Ltd.11,975$22.6K0.00%+11,975New
Susquehanna International Group, LLP11,586$21.9K0.00%+11,586New
Two Sigma Securities, LLC10,000$18.9K0.00%+10,000New
JPMorgan Chase & Co6,380$12.1K0.00%+4,059+174.9%Added
SBI Securities Co., Ltd.3,000$5.67K0.00%00.0%Unchanged
First Horizon Corp250$4730.00%+250New
Wall Street Access Asset Management, LLC120$2270.00%+120New
BlackRock, Inc.56$1060.00%+56New
E Fund Management (Hong Kong) Co., Ltd.0$00.00%−275,323−100.0%Sold out
UBS Group AG0$00.00%−29,233−100.0%Sold out
StoneX Group Inc.0$00.00%−13,506−100.0%Sold out
HRT Financial LP0$00.00%−10,048−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−300−100.0%Sold out
Raymond James Financial Inc0$00.00%−25−100.0%Sold out
E Fund Management Co., Ltd.––––Not filed
First Horizon Advisors, Inc.––––Not filed