GDS
GDS Holdings Limited · Technology · Information Technology Services
Momentum inputs (comparable managers):
holder breadth +27.3% ·
share flow +21.7% ·
net new positions +14.3%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 69 | -9 | 52.05M | $1.56B | +3 | −11 |
| Q1 2026 | 78 | +12 | 47.76M | $1.92B | +15 | −3 |
| Q4 2025 | 66 | -2 | 35.02M | $1.22B | +1 | −3 |
| Q3 2025 | 14 | +3 | 10.92M | $422.78M | +3 | −1 |
| Q2 2025 | 9 | -1 | 5.27M | $161.03M | +2 | −3 |
| Q1 2025 | 8 | 0 | 8.33M | $210.92M | +1 | −1 |
| Q4 2024 | 8 | 0 | 8.68M | $206.26M | — | — |
| Q3 2024 | 8 | +1 | 8.23M | $167.99M | +1 | — |
| Q2 2024 | 7 | — | 6.20M | $57.58M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Baupost Group ✦ | 3.25M | 0.0% | $125.77M | 2.6% | Held | 6 | SEC ↗ |
| 2 | JPMorgan Chase ✦ | 2.23M | — | $86.42M | 0.0% | n/c | 1 | SEC ↗ ×12 |
| 3 | Marshall Wace ✦ | 1.23M | +1671.7% | $47.49M | 0.1% | ▲ Add | 6 | SEC ↗ ×4 |
| 4 | Morgan Stanley ✦ | 1.15M | — | $44.55M | 0.0% | n/c | 1 | SEC ↗ ×9 |
| 5 | Goldman Sachs Group ✦ | 922.15K | — | $35.69M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 551.71K | +80.4% | $21.35M | 0.0% | ▲ Add | 2 | SEC ↗ ×6 |
| 7 | Citadel Advisors ✦ | 519.38K | +4832.9% | $20.10M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 8 | Millennium Management ✦ | 485.22K | -20.6% | $18.78M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 9 | Fidelity (FMR) ✦ | 314.63K | 0.0% | $12.18M | 0.0% | ▼ Trim | 2 | SEC ↗ ×3 |
| 10 | Point72 Asset Management ✦ | 158.65K | New | $6.14M | 0.0% | New | 1 | SEC ↗ |
| 11 | Geode Capital Management ✦ (passive) | 90.41K | +3.5% | $3.50M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 12 | Wellington Management ✦ | 8.40K | New | $325,041 | 0.0% | New | 1 | SEC ↗ |
| 13 | Two Sigma Investments ✦ | 6.87K | New | $265,714 | 0.0% | New | 1 | SEC ↗ |
| 14 | D. E. Shaw & Co. ✦ | 5.98K | -67.4% | $231,581 | 0.0% | ▼ Trim | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Point72 Asset Management | $6.14M | 0.0% |
| Wellington Management | $325,041 | 0.0% |
| Two Sigma Investments | $265,714 | 0.0% |
Exited
| Norges Bank | $18.34M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 10.90K shares, $439 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.