We are live on ! Find out more
WDH

Waterdrop
WDH

10 hedge funds and large institutions have $16.4M invested in Waterdrop in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 1

32% more capital invested

Capital invested by funds: $12.4M → $16.4M (+$4.02M)

0.02% more ownership

Funds ownership: 0.36% → 0.38% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

29% less funds holding

Funds holding: 14 → 10 (-4)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
10
Holders Change
-4
Holders Change %
-28.57%
% of All Funds
0.13%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
2
Increased
3
Reduced
1
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BBA
Baader Bank Aktiengesellschaft
Germany
+$472K
2
Morgan Stanley
Morgan Stanley
New York
+$283K
3
Millennium Management
Millennium Management
New York
+$117K
4
CSS
Cubist Systematic Strategies
Connecticut
+$21K
5
XT
XTX Topco
Cayman Islands
+$17K

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$78K
2
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
-$55K
3
CCG
Catalina Capital Group
California
-$27.5K
4
SG
StoneX Group
New York
-$22.5K
5
HF
HRT Financial
New York
-$22K
Name Holding Trade Value Shares
Change 		Change in
Stake
ICCFIA
1
IDG China Capital Fund III Associates
China
$8.54M – – –
Morgan Stanley
2
Morgan Stanley
New York
$5.02M +$283K +221,248 +7%
BBA
3
Baader Bank Aktiengesellschaft
Germany
$2.47M +$472K +369,325 +29%
Millennium Management
4
Millennium Management
New York
$240K +$117K +91,342 +131%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$49K – – –
RhumbLine Advisers
6
RhumbLine Advisers
Massachusetts
$29.8K -$55K -42,988 -68%
CSS
7
Cubist Systematic Strategies
Connecticut
$24.4K +$21K +16,395 New
XT
8
XTX Topco
Cayman Islands
$19.7K +$17K +13,254 New
SS
9
SBI Securities
Japan
$4.65K – – –
FHA
10
First Horizon Advisors
Tennessee
$373 – – –
Jane Street
11
Jane Street
New York
– -$78K -66,075 Closed
CCG
12
Catalina Capital Group
California
– -$27.5K -23,272 Closed
HF
13
HRT Financial
New York
– -$22K -19,346 Closed
SG
14
StoneX Group
New York
– -$22.5K -19,043 Closed
TRCT
15
Tower Research Capital (TRC)
New York
– -$16.6K -14,079 Closed
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
– -$14.6K -12,352 Closed

WDH Hedge Fund Activity: Q1 2025 in Review

10 of the 7,460 institutional investors tracked by Wall St. Rank reported a position in Waterdrop (WDH) for Q1 2025, worth a combined $16.4M — up 32% from $12.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of WDH and 2 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 3 added.

The largest buyer was Baader Bank Aktiengesellschaft, adding an estimated $472K. The largest seller was Jane Street, exiting entirely with an estimated $78K sold.

  • 10 institutional investors held Waterdrop (WDH) as of Q1 2025, down from 14 in Q4 2024.
  • Funds reported $16.4M of Waterdrop stock for Q1 2025, up 32% quarter-over-quarter.
  • 2 funds opened new Waterdrop positions in Q1 2025 and 6 closed out, a net change of -4 holders.
  • The largest Waterdrop buyer in Q1 2025 was Baader Bank Aktiengesellschaft, an estimated $472K added.
  • The largest Waterdrop seller in Q1 2025 was Jane Street, an estimated $78K sold.

Based on aggregated 13F filings for Q1 2025.