Who owns DDL
Which tracked institutional funds hold DDL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DDL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on DDL is one-sided between 2026-Q1 and 2026-Q2: 1 added or opened and 20 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DDL’s largest tracked holder by dollar value, Capital Today Evergreen Fund, L.P., sizes it at 17.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 17.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DDL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 54 tracked filers holding DDL, 11 increased or opened the position and 32 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DDL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 3
- ACADIAN ASSET MANAGEMENT LLC$3M
- HHLR ADVISORS, LTD.$911K
- BRIGHT VALLEY CAPITAL Ltd$686K
Largest adds
- Schonfeld Strategic Advisors LLC$1M
Largest trims
- Capital Today Evergreen Fund, L.P.$8M
- Galileo (PTC) Ltd$7M
- HSG Holding Ltd$7M
- Boundless Plain Holdings Ltd$5M
- PLATINUM INVESTMENT MANAGEMENT LTD$4M
- VANGUARD CAPITAL MANAGEMENT LLC$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital Today Evergreen Fund, L.P. | 11,879,332 | $23M | 14.7% | 2026-Q2 |
| Galileo (PTC) Ltd | 11,716,130 | $23M | 14.5% | 2026-Q2 |
| HSG Holding Ltd | 10,091,839 | $19M | 12.5% | 2026-Q2 |
| Boundless Plain Holdings Ltd | 7,989,001 | $15M | 9.9% | 2026-Q2 |
| PLATINUM INVESTMENT MANAGEMENT LTD | 6,486,507 | $13M | 8.0% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC | 3,020,244 | $6M | 3.7% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 3,010,419 | $6M | 3.7% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 2,954,267 | $6M | 3.6% | 2026-Q2 |
| BARCLAYS PLC | 2,853,663 | $6M | 3.5% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,385,500 | $3M | 1.7% | 2026-Q2 |
| SOFTBANK GROUP CORP. | 1,050,000 | $2M | 1.3% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO | 787,973 | $2M | 1.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 758,255 | $1M | 0.9% | 2026-Q2 |
| First Beijing Investment Ltd trimmed | 622,432 | $1M | 0.8% | 2026-Q2 |
| MORGAN STANLEY added | 591,411 | $1M | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 285,837 | $552K | 0.4% | 2026-Q2 |
| STATE STREET CORP trimmed | 265,450 | $512K | 0.3% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 218,068 | $421K | 0.3% | 2026-Q2 |
| Anther Capital Ltd | 165,400 | $319K | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 148,581 | $287K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 141,455 | $273K | 0.2% | 2026-Q2 |
| GAM Holding AG added | 140,000 | $270K | 0.2% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC trimmed | 134,863 | $260K | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 118,932 | $230K | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 108,798 | $210K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 88,400 | $171K | 0.1% | 2026-Q2 |
| Polymer Capital Management (HK) LTD trimmed | 84,500 | $163K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 61,395 | $118K | 0.1% | 2026-Q2 |
| Rangeley Capital, LLC | 50,000 | $96K | 0.1% | 2026-Q2 |
| Tairen Capital Ltd | 33,000 | $64K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 27,772 | $54K | 0.0% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 25,545 | $49K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 23,981 | $46K | 0.0% | 2026-Q2 |
| Verdad Advisers, LP | 21,170 | $41K | 0.0% | 2026-Q2 |
| Centiva Capital, LP trimmed | 18,443 | $36K | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO | 13,005 | $25K | 0.0% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 12,674 | $24K | 0.0% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 12,493 | $24K | 0.0% | 2026-Q2 |
| Ground Swell Capital, LLC new | 11,475 | $22K | 0.0% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 10,365 | $20K | 0.0% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 9,548 | $18K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 6,143 | $12K | 0.0% | 2026-Q2 |
| JNBA Financial Advisors | 2,358 | $5K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 1,647 | $3K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,613 | $3K | 0.0% | 2026-Q2 |
| WealthCollab, LLC | 1,399 | $3K | 0.0% | 2026-Q2 |
| RHUMBLINE ADVISERS | 705 | $1K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 129 | $249 | 0.0% | 2026-Q2 |
| NISA INVESTMENT ADVISORS, LLC added | 127 | $245 | 0.0% | 2026-Q2 |
| MCGUIRE CAPITAL ADVISORS INC | 100 | $193 | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 76 | $147 | 0.0% | 2026-Q2 |
| CITIGROUP INC | 36 | $69 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd added | 10 | $19 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 1 | $2 | 0.0% | 2026-Q2 |
| ACADIAN ASSET MANAGEMENT LLC added | 1,305,823 | $3M | 2.1% | 2026-Q1 stale (1 quarter behind) |
| HHLR ADVISORS, LTD. new | 354,500 | $911K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| BRIGHT VALLEY CAPITAL Ltd new | 266,760 | $686K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| MARSHALL WACE, LLP trimmed | 85,439 | $220K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| HSBC HOLDINGS PLC trimmed | 67,886 | $175K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Quadrature Capital Ltd added | 63,172 | $162K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| XTX Topco Ltd trimmed | 21,280 | $55K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Police & Firemen's Retirement System of New Jersey new | 18,385 | $47K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| IMC-Chicago, LLC new | 13,520 | $35K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Mirae Asset Global Investments Co., Ltd. added | 5,144 | $13K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SUMMIT SECURITIES GROUP LLC new | 3,475 | $9K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD GROUP INC trimmed | 4,392,395 | $11M | 7.0% | 2025-Q4 stale (2 quarters behind) |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 719,359 | $2M | 1.1% | 2025-Q4 stale (2 quarters behind) |
| NOMURA HOLDINGS INC new | 500,000 | $1M | 0.8% | 2025-Q4 stale (2 quarters behind) |
| Qube Research & Technologies Ltd trimmed | 307,416 | $765K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO trimmed | 273,999 | $682K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Virtu Financial LLC added | 70,371 | $175K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| MANGROVE PARTNERS IM, LLC new | 53,141 | $132K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| WELLS FARGO & COMPANY/MN new | 50,000 | $124K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| TWO SIGMA ADVISERS, LP trimmed | 48,800 | $122K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Belvedere Trading LLC new | 16,217 | $40K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| QRG CAPITAL MANAGEMENT, INC. added | 15,489 | $39K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Oakum Bay Capital LLC new | 6,000 | $15K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Strategic Investment Solutions, Inc. /IL new | 1,000 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ trimmed | 628 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Bell Investment Advisors, Inc | 341 | $850 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| IMA Advisory Services, Inc. new | 110 | $273 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| DV EQUITIES, LLC new | 0 | — | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Walleye Capital LLC added | 511,458 | $1M | 0.7% | 2025-Q3 stale (3 quarters behind) |
| Man Group plc trimmed | 474,868 | $983K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| GSA CAPITAL PARTNERS LLP added | 304,692 | $631K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| Harvest Fund Management Co., Ltd | 302,680 | $627K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 51,664 | $107K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| RAYMOND JAMES FINANCIAL INC added | 25,000 | $52K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Cubist Systematic Strategies, LLC added | 24,454 | $51K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PNC Financial Services Group, Inc. new | 2,000 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Point72 (DIFC) Ltd trimmed | 21 | $43 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Point72 Asia (Singapore) Pte. Ltd. trimmed | 2 | $4 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| NORGES BANK new | 293,800 | $593K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| CAXTON ASSOCIATES LLP new | 72,668 | $147K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Y-Intercept (Hong Kong) Ltd new | 26,818 | $54K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| LAZARD ASSET MANAGEMENT LLC trimmed | 2,570 | $5K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.