JD.com
542 hedge funds and large institutions have $11.5B invested in JD.com in 2025 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 182 increasing their positions, 172 reducing their positions, and 93 closing their positions.
44% more call options, than puts
Call options by funds: $1.99B | Put options by funds: $1.38B
13% more capital invested
Capital invested by funds: $10.2B → $11.5B (+$1.29B)
6% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 172
3% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 93
0.48% less ownership
Funds ownership: 10.28% → 9.8% (-0.48%)
1% less funds holding
Funds holding: 547 → 542 (-5)
25% less funds holding in top 10
Funds holding in top 10: 28 → 21 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$333M |
| 2 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
+$125M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$112M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$88.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$306M |
| 2 |
Jane Street
New York
|
-$132M |
| 3 |
SFM
Soros Fund Management
New York
|
-$103M |
| 4 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$97M |
| 5 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$93.6M |
JD Hedge Fund Activity: Q1 2025 in Review
542 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in JD.com (JD) for Q1 2025, worth a combined $11.5B — up 13% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new JD positions and 93 closed out — a net gain of 3 holders — while 182 added to existing stakes and 172 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $333M. The largest seller was Morgan Stanley, cutting an estimated $306M.
- 542 institutional investors held JD.com (JD) as of Q1 2025, down from 547 in Q4 2024.
- Funds reported $11.5B of JD.com stock for Q1 2025, up 13% quarter-over-quarter.
- 96 funds opened new JD.com positions in Q1 2025 and 93 closed out, a net change of +3 holders.
- The largest JD.com buyer in Q1 2025 was Fidelity Investments, an estimated $333M added.
- The largest JD.com seller in Q1 2025 was Morgan Stanley, an estimated $306M sold.
Based on aggregated 13F filings for Q1 2025.