Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bilibili Inc (BILI)

157 + Investors. Track Smart Money conviction in BILI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — BILI

Based on 157 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BILI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
157 hedge funds hold BILI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BILI is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

85 buying90 selling
Last quarter: 90 funds reduced or exited vs 85 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 38 → 38 → 33 → 23. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 20% new
91 out of 157 hedge funds have held BILI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

34 → 38 → 38 → 33 → 23 new funds/Q
New funds entering each quarter: 38 → 38 → 33 → 23. BILI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 70% veterans vs 18% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 18% new
Entry-cohort mix of 187 holders: 131 (70%) are 2+ year veterans, 23 entered 1–2 years ago, and 33 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
32 of 155 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in BILI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BILI

In 2026 Q1, 85 hedge funds were net buyers of BILI (23 opened a new position, 62 added to an existing one), while 90 reduced or exited (60 trimmed, 30 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 52% of total institutional value in BILI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 157.

Hedge Fund Ownership: BILI

How many hedge funds hold BILI — quarterly history vs. share price
Quarterly hedge fund ownership of BILI vs. share price

Market Analysis: BILI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BILI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Bilibili Inc (BILI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BILI has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
BILI
-20.9%
XLC
+1.2%

BILI outperformed XLC by -22.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
BILI
-6.4%
XLC
-3.4%

Since the filing became public, BILI outperformed XLC by -3.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 2 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: BILI
157 + Investors

Track Smart Money conviction in BILI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 157 164 -4.27%
13F Shares 37M 48M -23.12%
Total Value $832M $1.19B -29.84%
New Positions 23 33 -10
Increased Positions 52 56 -4
Closed Positions 30 30 -
Reduced Positions 57 54 +3
Total Calls 14 19 -26.32%
Total Puts 18 21 -14.29%
PUT/CALL Ratio 1.29 1.11 Bearish

Statistics: BILI

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

157 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BILI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BILI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mizuho Securities Co. Ltd. 21.80% 74,206 $1.7M
2 Step Capital Management Pte. Ltd. 9.06% 1,000,000 $22.6M
3 Yiheng Capital Management, L.P. 7.24% 739,915 $16.7M
4 MY.Alpha Management HK Advisors Ltd 3.88% 422,312 $9.5M
5 KEYWISE CAPITAL MANAGEMENT (HK) Ltd 3.77% 1,054,000 $23.8M
6 XY Capital Ltd 2.29% 102,317 $2.3M
7 SIH Partners, LLLP 0.61% 2,059,410 $46.5M
8 KEYWISE CAPITAL MANAGEMENT (HK) Ltd 0.57% 159,780 $3.6M
9 Polymer Capital Management (HK) LTD 0.41% 208,223 $4.7M
10 Prescott Group Capital Management, L.L.C. 0.34% 150,000 $3.4M
11 Ping Capital Management, INC. 0.24% 37,000 $835K
12 Panagora Asset Management Inc 0.10% 1,145,869 $25.9M
13 Havemeyer Place LP 0.08% 29,374 $663K
14 Bridgefront Capital, LLC 0.07% 12,598 $284K
15 LMR Partners LLP 0.06% 1,297,100 $29.3M
16 Edmond de Rothschild Holding S.A. 0.05% 162,000 $3.7M
17 Bayforest Capital Ltd 0.05% 2,058 $46K
18 Abc Arbitrage SA 0.05% 16,484 $372K
19 AdvisorShares Investments LLC 0.05% 11,018 $249K
20 Profund Advisors LLC 0.04% 44,281 $999K
21 LMR Partners LLP 0.02% 453,422 $10.2M
22 XTX Topco Ltd 0.02% 56,235 $1.3M
23 Leonteq Securities AG 0.02% 26,260 $592K
24 Qube Research & Technologies Ltd 0.02% 872,565 $19.7M
25 Vise Technologies, Inc. 0.02% 44,913 $1.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bilibili Inc (BILI)

What does the Smart Money Trend signal show for BILI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BILI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BILI?

More sellers than buyers — 49% buying: Last quarter: 90 funds reduced or exited vs 85 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BILI holders?

Elite ownership — 52% AUM from top-100 funds: 32 of 155 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in BILI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BILI?

58% of holders stayed for 2+ years: 91 out of 157 hedge funds have held BILI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bilibili Inc (BILI) following the 2026 Q1 hedge fund 13F filings?

As of today, BILI has moved -6.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.4% for the XLC sector ETF — an outperformance of -3.0%. Since the quarter end (March 31, 2026), BILI has gained -20.9% vs +1.2% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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