Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in WDH held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Boundless Plain Holdings Ltd | 11.5M | $18.3M | -0.5% | 3.095% | 6.02% |
| 2 | IDG China Capital Fund III Associates L.P. | 5.7M | $9.3M | 0.0% | 1.544% | 1.07% |
| 3 | MORGAN STANLEY | 3.4M | $5.5M | -3.5% | 0.916% | 0.00% |
| 4 | Baader Bank Aktiengesellschaft | 1.6M | $2.6M | 0.0% | 0.432% | 0.21% |
| 5 | Avenir Tech Ltd | 859K | $1.4M | 0.0% | 0.231% | 0.18% |
| 6 | IDG China Capital Fund GP III Associates Ltd. | 283K | $459K | 0.0% | 0.076% | 0.41% |
| 7 | MARSHALL WACE, LLP | 199K | $323K | -46.5% | 0.054% | 0.00% |
| 8 | GOLDMAN SACHS GROUP INC | 168K | $273K | -1.8% | 0.045% | 0.00% |
| 9 | Invesco Ltd. | 111K | $180K | -2.7% | 0.030% | 0.00% |
| 10 | STATE STREET CORP | 73K | $119K | -6.4% | 0.020% | 0.00% |
| 11 | RENAISSANCE TECHNOLOGIES LLC | 58K | $94K | — | 0.016% | 0.00% |
| 12 | SmartHarvest Portfolios, LLC | 48K | $77K | +5.9% | 0.013% | 0.03% |
| 13 | Ethos Financial Group, LLC | 38K | $73K | 0.0% | 0.010% | 0.01% |
| 14 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 39K | $64K | 0.0% | 0.011% | 0.00% |
| 15 | Centiva Capital, LP | 38K | $61K | +3.8% | 0.010% | 0.00% |
| 16 | CITADEL ADVISORS LLC | 30K | $49K | -66.0% | 0.008% | 0.00% |
| 17 | JANE STREET GROUP, LLC | 28K | $46K | +8.2% | 0.008% | 0.00% |
| 18 | SEI INVESTMENTS CO | 25K | $40K | 0.0% | 0.007% | 0.00% |
| 19 | Police & Firemen's Retirement System of New Jersey | 24K | $39K | +252.5% | 0.006% | 0.00% |
| 20 | BNP PARIBAS ARBITRAGE, SA | 22K | $35K | +105.5% | 0.006% | 0.00% |
| 21 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 21K | $34K | — | 0.006% | 0.00% |
| 22 | WELLS FARGO & COMPANY/MN | 20K | $32K | 0.0% | 0.005% | 0.00% |
| 23 | RHUMBLINE ADVISERS | 15K | $25K | 0.0% | 0.004% | 0.00% |
| 24 | Spire Wealth Management | 5K | $8K | — | 0.001% | 0.00% |
| 25 | SBI Securities Co., Ltd. | 3K | $5K | 0.0% | 0.001% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in WDH — a direct measure of their conviction.
Filings activity in WDH during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new WDH position in Q1 2026
Institutions that fully closed their WDH position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 34 | 2.9% | 7.53% | 1.50 pp | $39M | 17% |
| Q4 2025 | 35 | +30% | 9.03% | +4.32 pp | $47M | +92% |
| Q3 2025 | 27 | +17% | 4.71% | +1.69 pp | $24M | +56% |
| Q2 2025 | 23 | +109% | 3.02% | 0.13 pp | $16M | 3.9% |
| Q1 2025 | 11 | 21% | 3.15% | +0.78 pp | $16M | +33% |
| Q4 2024 | 14 | +17% | 2.37% | +1.33 pp | $12M | +128% |
| Q3 2024 | 12 | 37% | 1.04% | 0.09 pp | $5M | 8.1% |
| Q2 2024 | 19 | — | 1.13% | — | $6M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying WDH stock.
Based on Q1 2026 13F filings, institutional ownership of Waterdrop Inc. stands at 7.5%, held across 34 reporting institutions.
Boundless Plain Holdings Ltd is the largest reported institutional holder of WDH, with approximately 11,485,432 shares worth $0.02B as of Q1 2026.
Yes — 4 widely-followed marquee investors appear among the top 25 institutional holders of WDH, including RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC, JANE STREET GROUP, LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for WDH is 46 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
6 institutions opened new positions in WDH during Q1 2026, while 7 fully exited. 4 added to existing positions and 23 trimmed.
WDH institutional ownership fell by 1.50 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 98.2% of all reported 13F value in WDH, and the top 25 account for 100.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Waterdrop Inc. (WDH) Institutional Ownership