Bilibili
BILI
159 hedge funds and large institutions have $925M invested in Bilibili in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 48 increasing their positions, 59 reducing their positions, and 30 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
28% more call options, than puts
Call options by funds: $333M | Put options by funds: $259M
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
15% more capital invested
Capital invested by funds: $802M → $925M (+$122M)
5% more funds holding
Funds holding: 152 → 159 (+7)
1.38% less ownership
Funds ownership: 11.31% → 9.93% (-1.4%)
19% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$69.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$55.1M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$8.76M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$8.55M |
| 5 |
GS
GTS Securities
New York
|
+$7.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$70.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$34.9M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$25.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$16.9M |
| 5 |
SP
SIH Partners
Wilmington,
Delaware
|
-$15.3M |
BILI Hedge Fund Activity: Q3 2025 in Review
159 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Bilibili (BILI) for Q3 2025, worth a combined $925M — up 15% from $802M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BILI positions and 30 closed out — a net gain of 7 holders — while 48 added to existing stakes and 59 trimmed.
The largest buyer was UBS Group, adding an estimated $69.7M. The largest seller was Morgan Stanley, cutting an estimated $70.3M.
- 159 institutional investors held Bilibili (BILI) as of Q3 2025, up from 152 in Q2 2025.
- Funds reported $925M of Bilibili stock for Q3 2025, up 15% quarter-over-quarter.
- 37 funds opened new Bilibili positions in Q3 2025 and 30 closed out, a net change of +7 holders.
- The largest Bilibili buyer in Q3 2025 was UBS Group, an estimated $69.7M added.
- The largest Bilibili seller in Q3 2025 was Morgan Stanley, an estimated $70.3M sold.
Based on aggregated 13F filings for Q3 2025.