undamentalytics Newsletter

X Financial: which funds bought and sold

Institutions that bought and sold X Financial 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, 12 institutions that filed 13F reports for both quarters added to or opened positions in X Financial, and 17 cut or closed them. Together they sold a net 401K shares, −31.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 314K shares (−32.2%); index fund managers were net sellers of 1,855 shares (−7.8%). 5 opened a new position and 9 sold out entirely.

Bought, Q2 2026 12 institutions, 5 of them new holders Sold, Q2 2026 17 institutions, 9 of them sold out
Net change, all compared −401K shares (−31.7%)
Net change, active managers −314K shares (−32.2%), 2 bought, 6 sold

Buyers versus sellers

institutions compared, 32
Active managers and hedge funds 2 bought · 6 sold · −314K
Index fund managers 0 bought · 2 sold · −1,855
Other institutions 10 bought · 9 sold · −85K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Citadel Advisors LLC Hedge fund +65K +465.8% 79K $384,049
Ramsey Quantitative Systems +28K New position 28K $134,736
Two Sigma Investments, LP Hedge fund +19K +11.2% 191K $923,385
Smartharvest Portfolios, LLC +15K New position 15K $74,638
Jane Street Group, LLC +10K +72.0% 25K $120,996
Jpmorgan Chase & Co +8,770 +62.3% 23K $114,443
UBS Group AG +4,141 +9.4% 48K $233,278
Wealthcollab, LLC +2,429 New position 2,429 $11,757
Tower Research Capital LLC (TRC) +719 New position 719 $3,480
Citigroup Inc +376 +12533.3% 379 $1,834
Kelleher Financial Advisors +173 New position 173 $838
Sbi Securities Co., Ltd. +51 +150.0% 85 $411

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Acadian Asset Management LLC Active manager −164K −61.0% 105K $505,000
Morgan Stanley −99K −95.1% 5,111 $24,740
Renaissance Technologies LLC Hedge fund −85K Sold out 0 —
O'Shaughnessy Asset Management, LLC Active manager −69K −52.5% 63K $302,892
Qube Research & Technologies Ltd Hedge fund −32K −18.9% 137K $662,073
Trexquant Investment LP Hedge fund −28K −24.6% 85K $413,230
Quadrature Capital Ltd Hedge fund −20K Sold out 0 —
Invesco Ltd. −14K Sold out 0 —
Gsa Capital Partners LLP −13K −33.9% 26K $126,000
HRT Financial LP −13K Sold out 0 —
Qrg Capital Management, Inc. −11K Sold out 0 —
Russell Investments Group, Ltd. −5,118 Sold out 0 —
State Street Corp Index funds −1,589 −6.8% 22K $104,757
Blackrock, Inc. Index funds −266 Sold out 0 —
Ima Advisory Services, Inc. −29 Sold out 0 —
Royal Bank Of Canada −11 −1.3% 809 $4,000
Wells Fargo & Company −1 Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Ramsey Quantitative Systems 28K $134,736
Smartharvest Portfolios, LLC 15K $74,638
Wealthcollab, LLC 2,429 $11,757
Tower Research Capital LLC (TRC) 719 $3,480
Kelleher Financial Advisors 173 $838

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Renaissance Technologies LLCHedge fund 85K $350,369
Quadrature Capital LtdHedge fund 20K $82,577
Invesco Ltd. 14K $59,604
HRT Financial LP 13K $51,000
Qrg Capital Management, Inc. 11K $44,245
Russell Investments Group, Ltd. 5,118 $19,857
Blackrock, Inc.Index funds 266 $1,096
Ima Advisory Services, Inc. 29 $119
Wells Fargo & Company 1 $4

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
23
Ten largest holders
91.0%
of 13F-reported shares
Index fund managers
2.5%
of 13F-reported shares
Active managers and hedge funds
76.4%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 2 6 0 2 −314K −32.2%
Index fund managers 0 2 0 1 −1,855 −7.8%
Other institutions 10 9 5 6 −85K −31.8%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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