Bilibili Inc (BILI) Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Bilibili Inc (BILI) following the 2026 Q2 hedge fund 13F filings?

As of today, BILI has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLC sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), BILI gained +2.4% vs +5.4% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Bilibili Inc (BILI)

156 + Investors. Track Smart Money conviction in BILI. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — BILI

Based on 159 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their BILI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🏔️

At the ownership peak (96% of max)

96% of all-time peak

159 hedge funds hold BILI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding BILI is almost the same as a year ago (+1 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟠

More sellers than buyers — 49% buying

86 buying90 selling

Last quarter: 90 funds reduced or exited vs 86 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 39 → 38 → 33 → 24. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 21% new

91 out of 159 hedge funds have held BILI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📊

Peak discovery — momentum slowing

34 → 39 → 38 → 33 → 24 new funds/Q

New funds entering each quarter: 39 → 38 → 33 → 24. BILI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 69% veterans vs 19% newcomers

■ 69% veterans ■ 12% 1-2yr ■ 19% new

Entry-cohort mix of 189 holders: 131 (69%) are 2+ year veterans, 23 entered 1–2 years ago, and 35 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds

34 of 157 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BILI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.4

out of 10

Low Exit Risk

Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	156	165	-5.45%
13F Shares	37M	48M	-23.1%
Total Value	$832M	$1.19B	-29.82%
New Positions	24	33	-9
Increased Positions	52	56	-4
Closed Positions	31	30	+1
Reduced Positions	57	54	+3
Total Calls	14	19	-26.32%
Total Puts	18	21	-14.29%
PUT/CALL Ratio	1.29	1.11	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

156

165

-5.45%

13F Shares

37M

48M

-23.1%

Total Value

$832M

$1.19B

-29.82%

New Positions

-9

Increased Positions

-4

Closed Positions

Reduced Positions

Total Calls

-26.32%

Total Puts

-14.29%

PUT/CALL Ratio

1.29

1.11

Bearish

Institutional Holders (2026 Q2)

156 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BILI. Verified SEC 13F-HR filings.

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 BILI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Mizuho Financial Group Inc	10.73%	74,206	$1.3M
2	Yiheng Capital Management, L.P.	8.71%	1,489,815	$25.4M
3	XY Capital Ltd	4.17%	253,880	$4.3M
4	Step Capital Management Pte. Ltd.	3.68%	1,000,000	$17.0M
5	KEYWISE CAPITAL MANAGEMENT (HK) Ltd	0.88%	380,000	$6.5M
6	Dv Equities, LLC	0.47%	191,360	$3.3M
7	One River Asset Management, LLC	0.44%	79,300	$1.4M
8	Tower Research Capital LLC (TRC)	0.36%	858,100	$14.6M
9	One River Asset Management, LLC	0.34%	61,300	$1.0M
10	KEYWISE CAPITAL MANAGEMENT (HK) Ltd	0.31%	133,540	$2.3M
11	Ping Capital Management, INC.	0.31%	72,000	$1.2M
12	Polymer Capital Management (HK) LTD	0.23%	270,000	$4.6M
13	Prescott Group Capital Management, L.L.C.	0.22%	150,000	$2.6M
14	SIH Partners, LLLP	0.21%	1,946,895	$33.2M
15	BOCHK Asset Management Ltd	0.17%	65,000	$1.1M
16	Sculptor Capital LP	0.13%	962,800	$16.4M
17	Rovida Investment Management Ltd	0.12%	100,000	$1.7M
18	Headlands Technologies LLC	0.10%	53,011	$903K
19	LMR Partners LLP	0.08%	1,297,100	$22.1M
20	Panagora Asset Management Inc	0.07%	1,398,022	$23.8M
21	DRW Securities, LLC	0.07%	166,336	$2.8M
22	Old Mission Capital LLC	0.06%	222,182	$3.8M
23	Bayforest Capital Ltd	0.06%	3,689	$63K
24	One River Asset Management, LLC	0.04%	8,246	$138K
25	Edmond de Rothschild Holding S.A.	0.04%	185,000	$3.2M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Bilibili Inc (BILI)

What does the Smart Money Trend signal show for BILI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BILI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BILI?

More sellers than buyers — 49% buying: Last quarter: 90 funds reduced or exited vs 86 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BILI holders?

Elite ownership — 56% AUM from top-100 funds: 34 of 157 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BILI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BILI?

57% of holders stayed for 2+ years: 91 out of 159 hedge funds have held BILI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bilibili Inc (BILI) following the 2026 Q2 hedge fund 13F filings?

As of today, BILI has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLC sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), BILI has gained +2.4% vs +5.4% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Bilibili Inc (BILI)

Smart Money Signals — BILI

Selling streak — 1 quarter in a row

At the ownership peak (96% of max)

Stable — ownership unchanged year-over-year

More sellers than buyers — 49% buying

Fewer new buyers each quarter (-9 vs last Q)

57% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 69% veterans vs 19% newcomers

Elite ownership — 56% AUM from top-100 funds

Institutional Sentiment Summary — BILI

Hedge Fund Ownership: BILI

Market Analysis: BILI

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: BILI

Is It Too Late to Buy Bilibili Inc (BILI) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: BILI

Statistics: BILI

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Bilibili Inc (BILI)

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