HEPS

D-Market Electronic Services & Trading
HEPS

Overview Fund Activity

41 hedge funds and large institutions have $116M invested in D-Market Electronic Services & Trading in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
41
Holders Change
+1
Holders Change %
+2.5%
% of All Funds
0.55%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
5
Increased
15
Reduced
15
Closed
4
Calls
$27K
Puts
–
Net Calls
+$27K
Net Calls Change
-$2K

Top Buyers

1
VAS
VR Advisory Services
Cayman Islands
$37.6M
2
BlackRock
BlackRock
New York
$8.15M
3
UBS Group
UBS Group
Switzerland
$2.3M
4
BCM
Brightlight Capital Management
Connecticut
$17M
5
BBA
Baader Bank Aktiengesellschaft
Germany
$444K

Top Sellers

1
TCM
Tekne Capital Management
New York
$8.34M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$0
3
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$4.62M
4
Morgan Stanley
Morgan Stanley
New York
$2.25M
5
HP
Hosking Partners
United Kingdom
$10.2M
Name Holding Trade Value Shares
Change 		Shares
Change %
VAS
1
VR Advisory Services
Cayman Islands
$37.6M +$4.11M +1,520,902 +12%
BCM
2
Brightlight Capital Management
Connecticut
$17M +$759K +281,230 +5%
HP
3
Hosking Partners
United Kingdom
$10.2M -$248K -91,842 -2%
LCG
4
Luxor Capital Group
New York
$9.72M -$15.1K -5,600 -0.2%
TCM
5
Tekne Capital Management
New York
$8.34M -$7.47M -2,765,904 -47%
BlackRock
6
BlackRock
New York
$8.15M +$3.05M +1,130,420 +60%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$4.62M -$336K -124,300 -7%
BC
8
BIT Capital
Germany
$4.24M – – –
BNP Paribas Financial Markets
9
BNP Paribas Financial Markets
France
$2.61M +$60.6K +22,445 +2%
UBS Group
10
UBS Group
Switzerland
$2.3M +$1.93M +713,289 +514%
Morgan Stanley
11
Morgan Stanley
New York
$2.25M -$327K -121,120 -13%
State Street
12
State Street
Massachusetts
$2.11M +$143K +52,909 +7%
Renaissance Technologies
13
Renaissance Technologies
New York
$690K -$248K -91,800 -26%
Russell Investments Group
14
Russell Investments Group
United Kingdom
$551K -$516 -191 -0.1%
RC
15
Rangeley Capital
Connecticut
$540K +$150K +55,674 +39%
Millennium Management
16
Millennium Management
New York
$533K +$89.7K +33,231 +20%
Macquarie Group
17
Macquarie Group
Australia
$505K -$1.89K -700 -0.4%
ADEF
18
ABS Direct Equity Fund
Connecticut
$500K – – –
IUHSA
19
Itau Unibanco Holding S.A.
Brazil
$449K -$53.4K -19,777 -11%
Mirae Asset Global ETFs Holdings
20
Mirae Asset Global ETFs Holdings
Hong Kong
$447K -$52.3K -19,382 -10%
BBA
21
Baader Bank Aktiengesellschaft
Germany
$444K +$444K +164,574 New
BAM
22
Bosun Asset Management
Illinois
$310K -$80.4K -29,761 -21%
Polen Capital Management
23
Polen Capital Management
Florida
$310K +$310K +114,817 New
Geode Capital Management
24
Geode Capital Management
Massachusetts
$291K +$112K +41,525 +63%
NA
25
NewEdge Advisors
Louisiana
$117K – – –
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