VIPSNYSERetail-Catalog & Mail-Order HousesFiscal year ends December 31
Vipshop Holdings Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$12.80−0.06 (-0.47%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
251M of 96M shares
Institutional holders
286
43 new, 29 sold out
Net institutional buying
-6M
In Q2 2026
Insider trades, 12 months
0 buys · 8 sales
Net sold $785.95K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Pandanus Partners, L.P. | 5,214,626 | 6.50% | 13G (passive) amendment | Jun 30, 2026 |
| Eric Ya Shen | 18,410,937 | 18.20% | 13G (passive) amendment | Jun 30, 2025 |
| UBS Group AG | 16,129,947 | 20.00% | 13G (passive) amendment | Mar 31, 2026 |
| Tencent Holdings Limited | 12,969,251 | 14.80% | 13D (active) amendment | May 20, 2025 |
| Arthur Xiaobo Hong | 11,202,794 | 11.10% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of VIPS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FIL Ltd | 26,073,132 | 27.22% | $345.73M | +1,166,110 | 0.25% |
| BlackRock, Inc. | 19,056,243 | 19.90% | $252.69M | −3,389,464 | 0.00% |
| Invesco Ltd. | 18,545,001 | 19.36% | $245.91M | −464,228 | 0.02% |
| Acadian Asset Management LLC | 14,981,686 | 15.64% | $198.62K | −930,994 | 0.24% |
| Robeco Institutional Asset Management B.V. | 13,674,611 | 14.28% | $181.33M | +1,169,547 | 0.22% |
| Krane Funds Advisors LLC | 10,317,325 | 10.77% | $136.81M | −1,105,783 | 4.85% |
| Dimensional Fund Advisors LP | 8,246,644 | 8.61% | $109.29M | −371,373 | 0.02% |
| Vanguard Capital Management LLC | 6,805,552 | 7.11% | $90.24M | −265,282 | 0.00% |
| State Street Corp | 6,728,486 | 7.03% | $89.22M | −329,224 | 0.00% |
| Lsv Asset Management | 6,510,940 | 6.80% | $86.34K | +335,191 | 0.16% |
| Carmignac Gestion | 4,920,324 | 5.14% | $65.17M | +439,795 | 0.85% |
| CapitalatWork S.A. | 4,559,813 | 4.76% | $60.46K | +118,877 | 1.52% |
| Ranmore Fund Management Ltd | 3,850,000 | 4.02% | $51.05M | New | 5.65% |
| Allianz Asset Management GmbH | 3,602,998 | 3.76% | $49.20M | −132,668 | 0.04% |
| Orbis Allan Gray Ltd | 3,594,710 | 3.75% | $47.67M | −1,622,455 | 0.16% |
| Hhlr Advisors, Ltd. | 3,470,400 | 3.62% | $46.02M | +3,345,700 | 5.53% |
| American Century Companies Inc | 3,186,439 | 3.33% | $42.25M | +83,231 | 0.02% |
| Geode Capital Management, LLC | 3,042,458 | 3.18% | $40.15M | +58,139 | 0.00% |
| D. E. Shaw & Co., Inc. | 2,958,115 | 3.09% | $39.22M | +1,213,619 | 0.02% |
| Jupiter Asset Management Ltd | 2,943,800 | 3.07% | $39.03M | +2,408,800 | 0.19% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 286 | 251M | 100.0% | 43 / 90 | 118 / 29 | 24M | 30M |
| Q1 2026 | 278 | 259M | 100.0% | 32 / 99 | 102 / 64 | 40M | 30M |
| Q4 2025 | 313 | 260M | 100.0% | 57 / 133 | 92 / 16 | 25M | 31M |
| Q3 2025 | 278 | 266M | 100.0% | 38 / 114 | 85 / 35 | 41M | 38M |
| Q2 2025 | 277 | 265M | 100.0% | 37 / 90 | 112 / 57 | 25M | 46M |
| Q1 2025 | 303 | 289M | 100.0% | 61 / 119 | 87 / 28 | 38M | 34M |
| Q4 2024 | 277 | 286M | 100.0% | 41 / 85 | 119 / 29 | 23M | 25M |
| Q3 2024 | 267 | 288M | 100.0% | 26 / 84 | 119 / 47 | 53M | 44M |
| Q2 2024 | 291 | 299M | 100.0% | 28 / 111 | 122 / 60 | 49M | 50M |
| Q1 2024 | 328 | 301M | 100.0% | 39 / 131 | 119 / 37 | 34M | 28M |
| Q4 2023 | 331 | 295M | 100.0% | 33 / 126 | 121 / 31 | 35M | 30M |
| Q3 2023 | 332 | 290M | 100.0% | 35 / 121 | 135 / 27 | 26M | 32M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of VIPS | Value | % of fund | As of |
|---|---|---|---|---|---|
| KraneShares CSI China Internet ETF | 9,108,866 | 9.51% | $120.78M | 2.46% | Jun 30, 2026 |
| Invesco Developing Markets Fund | 6,565,485 | 6.86% | $100.71M | 1.14% | Jul 31, 2026 |
| iShares Core MSCI Emerging Markets ETF | 3,488,666 | 3.64% | $49.61M | 0.03% | May 31, 2026 |
| Vanguard Total International Stock Index Fund | 3,078,813 | 3.21% | $47.23M | 0.01% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 2,952,196 | 3.08% | $45.29M | 0.03% | Jul 31, 2026 |
| Emerging Markets Core Equity 2 Portfolio | 2,789,462 | 2.91% | $42.79M | 0.12% | Jul 31, 2026 |
| Avantis Emerging Markets Equity ETF | 2,755,873 | 2.88% | $39.19M | 0.15% | May 31, 2026 |
| PIMCO RAE Emerging Markets Fund | 2,481,970 | 2.59% | $32.91M | 1.19% | Jun 30, 2026 |
| Schwab Fundamental Emerging Markets Equity ETF | 1,796,130 | 1.88% | $25.54M | 0.27% | May 31, 2026 |
| Dimensional Emerging Markets Value Fund | 1,338,869 | 1.40% | $20.54M | 0.14% | Jul 31, 2026 |
| Fidelity SAI Emerging Markets Value Index Fund | 1,165,065 | 1.22% | $17.87M | 0.15% | Jul 31, 2026 |
| Fidelity Low-Priced Stock Fund | 940,798 | 0.98% | $14.43M | 0.06% | Jul 31, 2026 |
| iShares MSCI China ETF | 747,225 | 0.78% | $10.63M | 0.17% | May 31, 2026 |
| iShares MSCI Emerging Markets ETF | 744,664 | 0.78% | $10.59M | 0.03% | May 31, 2026 |
| The Emerging Markets Small Cap Series | 577,801 | 0.60% | $8.86M | 0.25% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Eric Ya Shen | Chief Executive Officer, Director, 10% owner | 15,943,617 | 16.65% | Mar 18, 2026 |
| Arthur Xiaobo Hong | Chief Operating Officer, Director, 10% owner | 8,707,142 | 9.09% | Mar 18, 2026 |
| Yuhua Wang | Chief Financial Officer | 48,868 | 0.05% | Sep 10, 2026 |
| Tianmin Li | Chief Technology Officer | 63,059 | 0.07% | Jul 9, 2026 |
| Donghao Yang | Director | 244,703 | 0.26% | Sep 10, 2026 |
| Chun Liu | Director | 16,232 | 0.02% | Jul 9, 2026 |
| Nanyan Zheng | Director | 4,307 | 0.00% | Mar 18, 2026 |
| Jacky Xu | Director | – | – | Mar 18, 2026 |
| Chi Ping Martin Lau | Director | – | – | Mar 18, 2026 |
| Xing Liu | Director | 58,576 | 0.06% | Mar 18, 2026 |
| Kathleen Chien | Director | 53,834 | 0.06% | Mar 18, 2026 |
| Frank Hurst Lin | Director | 83,834 | 0.09% | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Donghao Yang Director | Sep 8, 2026 | Sale | −479 | $64.80 | $31.04K | 72,703 |
| Yuhua Wang Chief Financial Officer | Sep 8, 2026 | Sale | −2,499 | $64.95 | $162.31K | 48,868 |
| Tianmin Li Chief Technology Officer | Jul 7, 2026 | Sale | −2,518 | $67.45 | $169.84K | 63,059 |
| Chun Liu Director | Jul 7, 2026 | Sale | −174 | $67.31 | $11.71K | 6,119 |
| Donghao Yang Director | Jun 9, 2026 | Sale | −397 | $69.30 | $27.51K | 73,182 |
| Yuhua Wang Chief Financial Officer | Jun 9, 2026 | Sale | −2,589 | $69.12 | $178.95K | 51,367 |
| Chun Liu Director | Apr 8, 2026 | Sale | −145 | $77.88 | $11.29K | 6,293 |
| Tianmin Li Chief Technology Officer | Apr 8, 2026 | Sale | −2,482 | $77.88 | $193.30K | 65,577 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Donghao Yang Director | Mar 17, 2025 | 1,000,000 | $16.00M | Mar 20, 2025 | Share compensation |
| Tao Feng Officer | Sep 19, 2024 | 129,989 | $1.67M | Sep 20, 2024 | Share compensation |
| Nanyan Zheng Director | Jun 21, 2024 | 220,000 | $3.14M | Jun 24, 2024 | Share compensation granted on April 16,2012 |
| Donghao Yang Director | Jun 6, 2024 | 1,860,000 | $32.00M | Jun 14, 2024 | Share compensation |
| Vivacity Holdings Ltd High affiliate | Mar 4, 2024 | 3,000,000 | $58.08M | Mar 4, 2024 | Founder share |
| David Cui Officer | May 18, 2023 | 200,000 | $3.00M | May 25, 2023 | share compensation |