JD.com
439 hedge funds and large institutions have $5.21B invested in JD.com in 2025 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 123 increasing their positions, 163 reducing their positions, and 94 closing their positions.
0% less call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.68B
2.78% less ownership
Funds ownership: 15.42% → 12.64% (-2.8%)
5% less funds holding
Funds holding: 463 → 439 (-24)
14% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 94
25% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 163
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
32% less capital invested
Capital invested by funds: $7.62B → $5.21B (-$2.41B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
SIH Partners
Wilmington,
Delaware
|
+$66.5M |
| 2 |
SG Americas Securities
New York
|
+$42.5M |
| 3 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
+$41.6M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$41.6M |
| 5 |
SCS
Syquant Capital SAS
Paris,
France
|
+$38.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$206M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$126M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$110M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$103M |
| 5 |
Morgan Stanley
New York
|
-$103M |
JD Hedge Fund Activity: Q4 2025 in Review
439 institutional investors reported a position in JD.com (JD) for Q4 2025, worth a combined $5.21B — down 32% from $7.62B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of JD and 81 opened new positions — a net loss of 13 holders — while 163 trimmed existing stakes and 123 added.
The largest buyer was SIH Partners, adding an estimated $66.5M. The largest seller was Dodge & Cox, cutting an estimated $206M.
- 439 institutional investors held JD.com (JD) as of Q4 2025, down from 463 in Q3 2025.
- Funds reported $5.21B of JD.com stock for Q4 2025, down 32% quarter-over-quarter.
- 81 funds opened new JD.com positions in Q4 2025 and 94 closed out, a net change of -13 holders.
- The largest JD.com buyer in Q4 2025 was SIH Partners, an estimated $66.5M added.
- The largest JD.com seller in Q4 2025 was Dodge & Cox, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2025.