Baozun
BZUN
70 hedge funds and large institutions have $28.1M invested in Baozun in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 68 → 70 (+2)
0.72% more ownership
Funds ownership: 18.98% → 19.7% (+0.72%)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
32% less capital invested
Capital invested by funds: $41M → $28.1M (-$12.9M)
70% less call options, than puts
Call options by funds: $551K | Put options by funds: $1.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$601K |
| 2 |
Millennium Management
New York
|
+$386K |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$355K |
| 4 |
Two Sigma Investments
New York
|
+$335K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$500K |
| 2 |
Morgan Stanley
New York
|
-$369K |
| 3 |
CC
Centiva Capital
New York
|
-$160K |
| 4 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$149K |
| 5 |
JP Morgan Chase
New York
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GLF
76
Groupe la Francaise
Paris,
France
| – | -$1.13K | -327 | Closed |
|
|
S
77
SignatureFD
Atlanta,
Georgia
| – | -$1.01K | -250 | Closed |
|
|
BTI
78
Blue Trust Inc
Alpharetta,
Georgia
| – | -$365 | -90 | Closed |
|
|
MSG
79
Main Street Group
Glen Allen,
Virginia
| – | -$317 | -78 | Closed |
|
|
MWM
80
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$122 | -30 | Closed |
|
81
Jones Financial Companies
Des Peres,
Missouri
| – | -$57 | -14 | Closed |
|
|
IA
82
IFP Advisors
Tampa,
Florida
| – | -$4 | -1 | Closed |
|
BZUN Hedge Fund Activity: Q4 2025 in Review
70 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Baozun (BZUN) for Q4 2025, worth a combined $28.1M — down 32% from $41M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BZUN positions and 12 closed out — a net gain of 3 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $601K. The largest seller was Goldman Sachs, cutting an estimated $500K.
- 70 institutional investors held Baozun (BZUN) as of Q4 2025, up from 68 in Q3 2025.
- Funds reported $28.1M of Baozun stock for Q4 2025, down 32% quarter-over-quarter.
- 15 funds opened new Baozun positions in Q4 2025 and 12 closed out, a net change of +3 holders.
- The largest Baozun buyer in Q4 2025 was Susquehanna International Group, an estimated $601K added.
- The largest Baozun seller in Q4 2025 was Goldman Sachs, an estimated $500K sold.
Based on aggregated 13F filings for Q4 2025.