Waterdrop Inc.: which funds bought and sold
Institutions that bought and sold Waterdrop shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 17 institutions that filed 13F reports for both quarters added to or opened positions in Waterdrop, and 14 cut or closed them. Together they added a net 438K shares, +1.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 299K shares (+60.8%); index fund managers were net sellers of 5,012 shares (−5.7%). 10 opened a new position and 6 sold out entirely.
Bought, Q2 2026 17 institutions, 10 of them new holders Sold, Q2 2026 14 institutions, 6 of them sold out
Net change, all compared +438K shares (+1.8%)
Net change, active managers +299K shares (+60.8%), 5 bought, 2 sold
Buyers versus sellers
17 bought 14 14 sold
Active managers and hedge funds 5 bought · 2 sold · +299K
Index fund managers 0 bought · 1 sold · −5,012
Other institutions 12 bought · 11 sold · +145K
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Gsa Capital Partners LLP | +222K New position | 222K | $251,000 |
| Citadel Advisors LLC Hedge fund | +201K +660.6% | 232K | $261,868 |
| Acadian Asset Management LLC Active manager | +174K +137.0% | 300K | $332,000 |
| SG Americas Securities, LLC | +77K New position | 77K | $87,000 |
| Renaissance Technologies LLC Hedge fund | +76K +131.8% | 134K | $151,790 |
| Millennium Management LLC Hedge fund | +61K New position | 61K | $69,467 |
| Oversea-Chinese Banking Corp Ltd | +19K New position | 19K | $21,562 |
| Sei Investments Co | +16K +63.8% | 41K | $46,131 |
| Ground Swell Capital, LLC | +14K New position | 14K | $15,462 |
| Point72 Asset Management, L.P. Hedge fund | +11K New position | 11K | $12,110 |
| HRT Financial LP | +10K New position | 10K | $11,000 |
| Xtx Topco Ltd | +10K New position | 10K | $11,357 |
| Sbi Securities Co., Ltd. | +3,000 +100.0% | 6,000 | $6,780 |
| Tower Research Capital LLC (TRC) | +2,866 New position | 2,866 | $3,239 |
| NISA Investment Advisors, LLC | +571 +51.9% | 1,672 | $1,889 |
| Royal Bank Of Canada | +524 +40.7% | 1,813 | $2,000 |
| Kelleher Financial Advisors | +120 New position | 120 | $136 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Citadel Advisors LLC Hedge fund | +201K +660.6% | 232K | $261,868 |
| Acadian Asset Management LLC Active manager | +174K +137.0% | 300K | $332,000 |
| Renaissance Technologies LLC Hedge fund | +76K +131.8% | 134K | $151,790 |
| Millennium Management LLC Hedge fund | +61K New position | 61K | $69,467 |
| Point72 Asset Management, L.P. Hedge fund | +11K New position | 11K | $12,110 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −199K Sold out | 0 | — |
| Morgan Stanley | −128K −3.8% | 3.3M | $3.7M |
| Jane Street Group, LLC | −28K Sold out | 0 | — |
| Centiva Capital, LP Hedge fund | −25K −67.2% | 12K | $13,931 |
| Susquehanna International Group, LLP | −21K Sold out | 0 | — |
| Smartharvest Portfolios, LLC | −16K −32.8% | 32K | $36,257 |
| Invesco Ltd. | −14K −12.2% | 98K | $110,369 |
| Virtu Financial LLC | −10K Sold out | 0 | — |
| State Street Corp Index funds | −5,012 −6.8% | 68K | $77,203 |
| Spire Wealth Management | −5,000 Sold out | 0 | — |
| Goldman Sachs Group Inc | −3,773 −2.2% | 164K | $185,817 |
| UBS Group AG | −2,828 Sold out | 0 | — |
| BNP Paribas Financial Markets | −2,100 −9.8% | 19K | $21,922 |
| Jpmorgan Chase & Co | −210 −9.4% | 2,020 | $2,222 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −199K Sold out | 0 | — |
| Centiva Capital, LP Hedge fund | −25K −67.2% | 12K | $13,931 |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Gsa Capital Partners LLP | 222K | $251,000 |
| SG Americas Securities, LLC | 77K | $87,000 |
| Millennium Management LLCHedge fund | 61K | $69,467 |
| Oversea-Chinese Banking Corp Ltd | 19K | $21,562 |
| Ground Swell Capital, LLC | 14K | $15,462 |
| Point72 Asset Management, L.P.Hedge fund | 11K | $12,110 |
| Xtx Topco Ltd | 10K | $11,357 |
| HRT Financial LP | 10K | $11,000 |
| Tower Research Capital LLC (TRC) | 2,866 | $3,239 |
| Kelleher Financial Advisors | 120 | $136 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Marshall Wace, LLPHedge fund | 199K | $323,082 |
| Jane Street Group, LLC | 28K | $45,650 |
| Susquehanna International Group, LLP | 21K | $34,362 |
| Virtu Financial LLC | 10K | $17,000 |
| Spire Wealth Management | 5,000 | $8,100 |
| UBS Group AG | 2,828 | $4,581 |
Who holds the shares
- Institutions reporting
- 39
- Ten largest holders
- 96.9% of 13F-reported shares
- Index fund managers
- 0.3% of 13F-reported shares
- Active managers and hedge funds
- 3.2% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 5 | 2 | 2 | 1 | +299K | +60.8% |
| Index fund managers | 0 | 1 | 0 | 0 | −5,012 | −5.7% |
| Other institutions | 12 | 11 | 8 | 5 | +145K | +0.6% |