Waterdrop
WDH
22 hedge funds and large institutions have $15.8M invested in Waterdrop in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
120% more funds holding
Funds holding: 10 → 22 (+12)
0.25% more ownership
Funds ownership: 2.98% → 3.23% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $16.4M → $15.8M (-$613K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFM
E Fund Management
Guangzhou,
China
|
+$372K |
| 2 |
EFMH
E Fund Management (HK)
Central,
Hong Kong
|
+$372K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$156K |
| 4 |
Goldman Sachs
New York
|
+$93.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$39.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$240K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$21.4K |
| 3 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$19.7K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.7K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$1.97K |
WDH Hedge Fund Activity: Q2 2025 in Review
22 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Waterdrop (WDH) for Q2 2025, worth a combined $15.8M — down 3.7% from $16.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new WDH positions and 2 closed out — a net gain of 12 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was E Fund Management, opening a new position worth an estimated $372K. The largest seller was Millennium Management, exiting entirely with an estimated $240K sold.
- 22 institutional investors held Waterdrop (WDH) as of Q2 2025, up from 10 in Q1 2025.
- Funds reported $15.8M of Waterdrop stock for Q2 2025, down 3.7% quarter-over-quarter.
- 14 funds opened new Waterdrop positions in Q2 2025 and 2 closed out, a net change of +12 holders.
- The largest Waterdrop buyer in Q2 2025 was E Fund Management, an estimated $372K added.
- The largest Waterdrop seller in Q2 2025 was Millennium Management, an estimated $240K sold.
Based on aggregated 13F filings for Q2 2025.