D-Market Electronic Serv-ADRHEPS

13F holders, Q1 2025 (March 31)
40holders −6
10new positions
16sold out
2famous investors
$2.85avg. 13F price*

At the end of Q1 2025, 40 institutions reported holding D-Market Electronic Serv-ADR (HEPS) in their 13F filings, down 6 from Q4 2024. 10 opened new positions and 16 sold out. The largest holders were VR Advisory Services Ltd ($35.4M), Brightlight Capital Management LP ($17.2M) and Tekne Capital Management, LLC ($16.7M). 2 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
D-Market Electronic Serv-ADR
CUSIP
23292B104
Latest filing quarter
Q2 2026

History

Number of 13F holders

01020304050 Q1 2024: 33Q1 2024Q2 2024: 41Q2 2024Q3 2024: 41Q3 2024Q4 2024: 46Q4 2024Q1 2025: 40Q1 2025Q2 2025: 41Q2 2025Q3 2025: 43Q3 2025Q4 2025: 32Q4 2025Q1 2026: 30Q1 2026Q2 2026: 32Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions10$4.1M
Exits16$2.8M

All 13F filers, Q4 2024 → Q1 2025: 13,341,864 shares bought and 3,389,800 shares sold, net +9,952,064 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 40 holders

VR Advisory Services Ltd 9.37% Add +352.0% 12,413,583 $35.4M
Brightlight Capital Management LP 11.60% Add +25.6% 6,022,840 $17.2M
Tekne Capital Management, LLC 6.36% Reduce -5.6% 5,855,103 $16.7M
Hosking Partners LLP 0.47% Reduce -1.1% 3,880,285 $11.1M
Luxor Capital Group, LP 1.32% Reduce -22.6% 3,603,784 $10.3M
BlackRock, Inc. 0.00% Add +76.1% 1,887,357 $5.4M
T. Rowe Price Associates Inc. 0.00% Reduce -14.9% 1,835,033 $5.2M
BIT Capital GmbH 0.54% Add +4.6% 1,569,011 $4.5M
Morgan Stanley 0.00% Reduce -4.9% 956,198 $2.7M
BNP Paribas Financial Markets 0.00% Add +4.5% 942,963 $2.7M
Marex Group Ltd 0.04% New 742,707 $2.1M
State Street Corp. 0.00% Add +1.7% 729,332 $2.1M
Renaissance Technologies 0.00% Reduce -42.8% 347,500 $990K
Russell Investments Group, Ltd. 0.00% Add +0.1% 204,427 $583K
Macquarie Group Ltd. 0.00% No change 187,712 $535K
Itau Unibanco Holding S.A. 0.02% New 186,107 $530K
ABS Direct Equity Fund LLC 0.71% Add +2.9% 185,300 $528K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% New 184,803 $527K
Millennium Management 0.00% New 164,132 $468K
Arrowstreet Capital, Limited Partnership 0.00% Reduce -35.0% 162,359 $463K
Bantamac Capital, LLC 0.20% New 144,578 $412K
Rangeley Capital, LLC 0.47% Add +44.3% 144,326 $411K
UBS Group AG 0.00% Reduce -52.3% 138,889 $396K
Geode Capital Management, LLC 0.00% Reduce -0.3% 66,391 $189K
Two Sigma Advisers, LP 0.00% Reduce -47.6% 60,000 $171K
NewEdge Advisors, LLC 0.00% Reduce -1.1% 43,437 $124K
Cantor Fitzgerald, L. P. 0.00% No change 32,200 $92K
Capricorn Fund Managers Ltd 0.04% No change 29,185 $83K
XTX Topco Ltd 0.00% New 27,955 $80K
Schonfeld Strategic Advisors LLC 0.00% Reduce -75.1% 25,241 $72K
GAMMA Investing LLC 0.01% Reduce -10.7% 24,331 $69K
Rhumbline Advisers 0.00% Add +26.8% 19,296 $55K
Vident Advisory, LLC 0.00% Reduce -12.1% 18,575 $53K
Arete Wealth Advisors, LLC 0.00% Add +3.8% 13,080 $37K
SBI Securities Co., Ltd. 0.00% Reduce -21.1% 5,340 $15K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% New 4,200 $12K
Larson Financial Group LLC 0.00% New 1,231 $4K
SJS Investment Consulting Inc. 0.00% No change 436 $1K
FMR LLC 0.00% New 65 $185
Simplex Trading, LLC 0.00% New 70 $0

"% of holder's portfolio" is HEPS's weight in each manager's 13F, not the share of D-Market Electronic Serv-ADR the manager owns.