D-Market Electronic Serv-ADRHEPS
13F holders, Q4 2025 (December 31)32holders −11
4new positions
14sold out
1famous investor
$2.48avg. 13F price*
At the end of Q4 2025, 32 institutions reported holding D-Market Electronic Serv-ADR (HEPS) in their 13F filings, down 11 from Q3 2025. 4 opened new positions and 14 sold out. The largest holders were VR Advisory Services Ltd ($40.9M), Hosking Partners LLP ($9.0M) and BlackRock, Inc. ($7.5M). One famous investor held it 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
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 4 | $433K |
| Exits | 14 | $39.0M |
All 13F filers, Q3 2025 → Q4 2025: 2,735,723 shares bought and 14,881,737 shares sold, net −12,146,014 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 32 holders
| VR Advisory Services Ltd | 6.47% | Add +3.3% | 16,472,821 | $40.9M |
| Hosking Partners LLP | 0.31% | Reduce -1.4% | 3,646,033 | $9.0M |
| BlackRock, Inc. | 0.00% | Reduce 0.0% | 3,017,777 | $7.5M |
| State Street Corp. | 0.00% | Add +190.4% | 2,379,825 | $5.9M |
| UBS Group AG | 0.00% | Add +29.0% | 892,087 | $2.2M |
| BNP Paribas Financial Markets | 0.00% | Add +0.2% | 868,632 | $2.2M |
| Morgan Stanley | 0.00% | Reduce -24.9% | 838,360 | $2.1M |
| GAM Holding AG | 0.07% | Add +50.0% | 450,000 | $1.1M |
| Gsa Capital Partners LLP | 0.07% | Add +29.9% | 308,126 | $764K |
| Rangeley Capital, LLC | 0.43% | No change | 200,000 | $496K |
| Nomura Asset Management International Inc. | 0.00% | — | 188,004 | $466K |
| ABS Direct Equity Fund LLC | 0.55% | No change | 185,300 | $460K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -0.0% | 157,458 | $390K |
| Geode Capital Management, LLC | 0.00% | Add +19.2% | 155,287 | $385K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -12.5% | 136,461 | $338K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +32.8% | 80,338 | $217K |
| Aberdeen Group plc | 0.00% | New | 77,099 | $191K |
| Millennium Management | 0.00% | New | 75,480 | $187K |
| Schonfeld Strategic Advisors LLC | 0.00% | No change | 69,000 | $171K |
| Capricorn Fund Managers Ltd | 0.02% | No change | 29,185 | $72K |
| Two Sigma Advisers, LP | 0.00% | Reduce -0.4% | 22,600 | $56K |
| Graham Capital Management, L.P. | 0.00% | New | 21,995 | $55K |
| GAMMA Investing LLC | 0.00% | Reduce -12.7% | 18,619 | $46K |
| Two Sigma Investments, LP | 0.00% | Reduce -15.9% | 17,938 | $44K |
| Rhumbline Advisers | 0.00% | Reduce -7.2% | 14,066 | $35K |
| FMR LLC | 0.00% | Reduce -36.0% | 13,188 | $33K |
| Vident Advisory, LLC | 0.00% | Reduce -11.5% | 12,669 | $31K |
| Northern Trust Corp. | 0.00% | Add +15.8% | 12,311 | $31K |
| SBI Securities Co., Ltd. | 0.00% | Add +1.3% | 5,087 | $13K |
| Jones Financial Companies LLLP | 0.00% | No change | 200 | $496 |
| Bank of America Corp. | 0.00% | New | 65 | $161 |
| Rossby Financial, LCC | 0.00% | No change | 11 | $27 |
"% 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.