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Bilibili

152 hedge funds and large institutions have $802M invested in Bilibili in 2025 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more call options, than puts

Call options by funds: $406M | Put options by funds: $193M

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

9% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 53

3% less funds holding

Funds holding: 157152 (-5)

4.53% less ownership

Funds ownership: 15.84%11.31% (-4.5%)

10% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 40

20% less capital invested

Capital invested by funds: $1.01B → $802M (-$206M)

Holders
152
Holders Change
-5
Holders Change %
-3.18%
% of All Funds
2%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
36
Increased
48
Reduced
53
Closed
40
Calls
$406M
Puts
$193M
Net Calls
+$213M
Net Calls Change
+$64.4M
Name Holding Trade Value Shares
Change
Change in
Stake
DFA
151
DHJJ Financial Advisors
Illinois
$129
Raymond James Financial
152
Raymond James Financial
Florida
$107 +$92 +5 New
Jennison Associates
153
Jennison Associates
New York
-$42.2M -2,208,581 Closed
OCM
154
Oaktree Capital Management
California
-$36.8M -1,925,797 Closed
Group One Trading
155
Group One Trading
Illinois
-$12.6M -683,869 Closed
HF
156
HRT Financial
New York
-$9.73M -509,003 Closed
PAM
157
Panagora Asset Management
Massachusetts
-$8.27M -432,600 Closed
Rockefeller Capital Management
158
Rockefeller Capital Management
New York
-$5M -261,385 Closed
TI
159
Trexquant Investment
Connecticut
-$2.91M -152,437 Closed
OFA
160
Oaktree Fund Advisors
California
-$2.41M -125,997 Closed
Robeco Institutional Asset Management
161
Robeco Institutional Asset Management
Netherlands
-$2.36M -123,599 Closed
Nomura Holdings
162
Nomura Holdings
Japan
-$2.09M -109,599 Closed
MAMU
163
Myriad Asset Management US
Florida
-$1.77M -92,874 Closed
VF
164
Virtu Financial
New York
-$1.03M -54,042 Closed
BCM
165
Bayesian Capital Management
New York
-$912K -47,700 Closed
BBA
166
Baader Bank Aktiengesellschaft
Germany
-$862K -45,129 Closed
PCM
167
Ping Capital Management
New York
-$764K -40,000 Closed
LCAM
168
Long Corridor Asset Management
Hong Kong
-$698K -36,500 Closed
Envestnet Asset Management
169
Envestnet Asset Management
Illinois
-$678K -35,474 Closed
Vontobel Holding
170
Vontobel Holding
Switzerland
-$673K -35,239 Closed
Walleye Trading
171
Walleye Trading
New York
-$641K -34,826 Closed
Wolverine Trading
172
Wolverine Trading
Illinois
-$554K -28,848 Closed
GFM
173
GF Fund Management
China
-$518K -27,109 Closed
BCM
174
Barometer Capital Management
Ontario, Canada
-$436K -22,800 Closed
CF
175
Cantor Fitzgerald
New York
-$349K -18,268 Closed

BILI Hedge Fund Activity: Q2 2025 in Review

152 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Bilibili (BILI) for Q2 2025, worth a combined $802M — down 20% from $1.01B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of BILI and 36 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 48 added.

The largest buyer was LMR Partners, adding an estimated $7.6M. The largest seller was Millennium Management, cutting an estimated $66M.

  • 152 institutional investors held Bilibili (BILI) as of Q2 2025, down from 157 in Q1 2025.
  • Funds reported $802M of Bilibili stock for Q2 2025, down 20% quarter-over-quarter.
  • 36 funds opened new Bilibili positions in Q2 2025 and 40 closed out, a net change of -4 holders.
  • The largest Bilibili buyer in Q2 2025 was LMR Partners, an estimated $7.6M added.
  • The largest Bilibili seller in Q2 2025 was Millennium Management, an estimated $66M sold.

Based on aggregated 13F filings for Q2 2025.