D-Market Electronic Services & Trading
HEPS
32 hedge funds and large institutions have $74.5M invested in D-Market Electronic Services & Trading in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 6 closing their positions.
437% more call options, than puts
Call options by funds: $762K | Put options by funds: $142K
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
15% more capital inflows, than outflows
Capital inflows: $10.1M | Capital outflows: $8.73M
7% more funds holding
Funds holding: 30 → 32 (+2)
0.18% more ownership
Funds ownership: 6.99% → 7.17% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$8.07M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$193K |
| 4 |
Morgan Stanley
New York
|
+$193K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.2M |
| 2 |
GH
GAM Holding
Zurich,
Switzerland
|
-$553K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$296K |
| 4 |
XTX Topco
George Town,
Cayman Islands
|
-$187K |
| 5 |
Jane Street
New York
|
-$160K |
HEPS Hedge Fund Activity: Q2 2026 in Review
32 of the 8,354 institutional investors tracked by Wall St. Rank reported a position in D-Market Electronic Services & Trading (HEPS) for Q2 2026, worth a combined $74.5M — up 13% from $66.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HEPS positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was VR Advisory Services, adding an estimated $8.07M. The largest seller was BlackRock, exiting entirely with an estimated $7.2M sold.
- 32 institutional investors held D-Market Electronic Services & Trading (HEPS) as of Q2 2026, up from 30 in Q1 2026.
- Funds reported $74.5M of D-Market Electronic Services & Trading stock for Q2 2026, up 13% quarter-over-quarter.
- 8 funds opened new D-Market Electronic Services & Trading positions in Q2 2026 and 6 closed out, a net change of +2 holders.
- The largest D-Market Electronic Services & Trading buyer in Q2 2026 was VR Advisory Services, an estimated $8.07M added.
- The largest D-Market Electronic Services & Trading seller in Q2 2026 was BlackRock, an estimated $7.2M sold.
Based on aggregated 13F filings for Q2 2026.