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, Q4 2025
Institutional positions in Waterdrop Inc. 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
- 35
- +10 vs. Q3 2025
- Shares held
- 25.3M
- +12.1M (+91.4%) vs. Q3 2025
- Total value
- $48.0M
- +$23.0M (+92.4%) vs. Q3 2025
- New holders
- 13
- 6 more added
- Sold out
- 3
- 7 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 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 39 | $28.1M |
| Q1 2026 | 35 | $39.3M |
| Q4 2025 | 35 | $48.0M |
| Q3 2025 | 27 | $25.0M |
| Q2 2025 | 22 | $15.8M |
| Q1 2025 | 10 | $16.4M |
| Q4 2024 | 14 | $12.4M |
| Q3 2024 | 11 | $5.38M |
| Q2 2024 | 19 | $6.14M |
| Q1 2024 | 15 | $7.59M |
| Q4 2023 | 17 | $6.14M |
| Q3 2023 | 18 | $7.31M |
| Q2 2023 | 18 | $16.0M |
| Q1 2023 | 24 | $23.0M |
| Q4 2022 | 10 | $18.6M |
| Q3 2022 | 7 | $5.97M |
| Q2 2022 | 11 | $7.33M |
| Q1 2022 | 13 | $8.55M |
| Q4 2021 | 16 | $8.84M |
| Q3 2021 | 16 | $17.0M |
| Q2 2021 | 22 | $71.3M |
| Q1 2021 | 0 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Waterdrop Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Boundless Plain Holdings Ltd | 11,545,362 | $21.9M | 7.00% | +11,545,362 | New |
| IDG China Capital Fund III Associates L.P. | 5,729,041 | $10.9M | 1.36% | 00.0% | Unchanged |
| Morgan Stanley | 3,522,759 | $6.69M | 0.00% | −108,359−3.0% | Reduced |
| Baader Bank INC | 1,603,568 | $3.05M | 0.25% | −29,839−1.8% | Reduced |
| Avenir Tech Ltd | 859,202 | $1.63M | 0.16% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 570,891 | $1.07M | 0.00% | +312,302+120.8% | Added |
| Marshall Wace, LLP | 372,599 | $707.9K | 0.00% | +4,467+1.2% | Added |
| IDG China Capital Fund GP III Associates Ltd. | 283,175 | $538.0K | 0.52% | +283,175 | New |
| Goldman Sachs Group Inc | 171,329 | $325.5K | 0.00% | −37,482−18.0% | Reduced |
| Invesco Ltd. | 114,329 | $217.2K | 0.00% | +844+0.7% | Added |
| Citadel Advisors LLC | 89,675 | $170.4K | 0.00% | +89,675 | New |
| State Street Corp | 78,328 | $148.8K | 0.00% | +3,528+4.7% | Added |
| SmartHarvest Portfolios, LLC | 45,087 | $85.7K | 0.03% | +45,087 | New |
| Arrowstreet Capital, Limited Partnership | 39,372 | $74.8K | 0.00% | 00.0% | Unchanged |
| Ethos Financial Group, LLC | 38,401 | $73.0K | 0.01% | +38,401 | New |
| Centiva Capital, LP | 36,207 | $68.8K | 0.00% | +5,187+16.7% | Added |
| Jane Street Group, LLC | 26,037 | $49.5K | 0.00% | −43,448−62.5% | Reduced |
| SEI Investments Co | 24,920 | $47.3K | 0.00% | +11,107+80.4% | Added |
| Wells Fargo & Company | 20,000 | $38.0K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 18,613 | $35.2K | 0.00% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 16,718 | $31.8K | 0.00% | +16,718 | New |
| Rhumbline Advisers | 15,359 | $29.2K | 0.00% | −1,510−9.0% | Reduced |
| HRT Financial LP | 11,705 | $22.0K | 0.00% | +11,705 | New |
| BNP Paribas Arbitrage, SA | 10,462 | $19.9K | 0.00% | +10,462 | New |
| Police & Firemen's Retirement System of New Jersey | 6,800 | $12.9K | 0.00% | +6,800 | New |
| Advisor Group Holdings, Inc. | 4,750 | $9.03K | 0.00% | +4,750 | New |
| GWM Advisors LLC | 3,921 | $7.45K | 0.00% | −38,240−90.7% | Reduced |
| JPMorgan Chase & Co | 3,556 | $6.76K | 0.00% | −2,824−44.3% | Reduced |
| SBI Securities Co., Ltd. | 3,000 | $5.70K | 0.00% | 00.0% | Unchanged |
| JNBA Financial Advisors | 2,808 | $5.34K | 0.00% | +2,808 | New |
| Nisa Investment Advisors, LLC | 810 | $1.54K | 0.00% | +810 | New |
| Royal Bank of Canada | 338 | $1.00K | 0.00% | +338 | New |
| First Horizon Corp | 250 | $475 | 0.00% | 00.0% | Unchanged |
| Wall Street Access Asset Management, LLC | 120 | $228 | 0.00% | 00.0% | Unchanged |
| BlackRock, Inc. | 56 | $106 | 0.00% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −46,065−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −11,586−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 Asia (Singapore) Pte. Ltd. | – | – | – | – | Not filed |