VNETNasdaqServices-Computer Programming, Data Processing, Etc.
VNET Group, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$3.88−0.04 (-1.02%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
9.8%
159M of 1.62B shares
Institutional holders
160
32 new, 61 sold out
Net institutional buying
20M
In Q2 2026
Insider trades, 12 months
0 buys · 3 sales
Net sold $244.08K
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 |
|---|---|---|---|---|
| Norges Bank | 93,195,744 | 5.90% | 13G (passive) amendment | Dec 31, 2025 |
| Steven A. Cohen | 79,848,828 | 5.00% | 13G (passive) | Jan 8, 2026 |
| Point72 Capital Advisors, Inc. | 78,825,522 | 5.00% | 13G (passive) | Mar 14, 2025 |
| Shandong Hi-Speed Holdings Group Limited | 650,424,192 | 38.10% | 13D (active) amendment | May 13, 2026 |
| Lochpine Capital Limited | 650,424,192 | 38.10% | 13D (active) amendment | Sep 21, 2026 |
| Sheng Chen | 423,652,371 | 24.80% | 13D (active) amendment | Sep 21, 2026 |
| Blackstone Inc. | 206,958,235 | 12.50% | 13D (active) amendment | Mar 17, 2025 |
| PJ Millennium Limited Partnership | 195,127,260 | 11.40% | 13D (active) | Aug 24, 2026 |
| Point72 Asset Management, L.P. | 109,989,366 | 6.60% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of VNET | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Point72 Asset Management, L.P. | 18,290,761 | 1.13% | $147.06M | +2,177,366 | 0.16% |
| Triata Capital Ltd | 11,763,935 | 0.72% | $94.58M | +576,253 | 16.08% |
| Blackstone Inc. | 10,402,130 | 0.64% | $83.63M | – | 0.25% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 9,666,879 | 0.60% | $77.72M | +3,805,601 | 0.09% |
| Millennium Management LLC | 8,768,940 | 0.54% | $70.50M | +3,565,311 | 0.03% |
| Norges Bank | 8,527,387 | 0.53% | $68.56M | New | 0.01% |
| Morgan Stanley | 7,876,504 | 0.49% | $63.33M | +785,530 | 0.00% |
| UBS Group AG | 4,964,476 | 0.31% | $39.91M | −772,932 | 0.01% |
| Carmignac Gestion | 4,760,599 | 0.29% | $38.12M | +4,437,879 | 0.49% |
| BlackRock, Inc. | 3,919,113 | 0.24% | $31.51M | +351,407 | 0.00% |
| D. E. Shaw & Co., Inc. | 3,531,345 | 0.22% | $28.39M | +1,004,171 | 0.01% |
| Temasek Holdings (Private) Ltd | 3,525,444 | 0.22% | $28.34M | +2,079,444 | 0.08% |
| Oasis Management Co Ltd. | 3,449,188 | 0.21% | $27.73M | −1,170,000 | 1.48% |
| Hsbc Holdings PLC | 3,429,901 | 0.21% | $27.24M | +3,014,875 | 0.01% |
| Bank Of America Corp /De/ | 3,382,300 | 0.21% | $27.19M | +2,739,688 | 0.00% |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 3,368,659 | 0.21% | $27.08M | +3,316,689 | 5.50% |
| Manufacturers Life Insurance Company, The | 3,201,968 | 0.20% | $25.74M | +578,374 | 0.02% |
| Senvest Management, LLC | 3,099,637 | 0.19% | $24.92M | +320,000 | 0.73% |
| Tiger Pacific Capital LP | 2,909,886 | 0.18% | $23.40M | +2,143,661 | 10.72% |
| Goldman Sachs Group Inc | 2,498,356 | 0.15% | $20.09M | −2,204,424 | 0.00% |
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 | 160 | 159M | 9.8% | 32 / 62 | 48 / 61 | 51M | 31M |
| Q1 2026 | 192 | 139M | 8.6% | 61 / 66 | 56 / 31 | 47M | 36M |
| Q4 2025 | 164 | 131M | 8.1% | 36 / 55 | 58 / 31 | 40M | 31M |
| Q3 2025 | 167 | 129M | 7.9% | 45 / 63 | 48 / 29 | 36M | 30M |
| Q2 2025 | 153 | 123M | 7.6% | 32 / 63 | 46 / 40 | 38M | 50M |
| Q1 2025 | 163 | 136M | 8.4% | 83 / 39 | 34 / 25 | 74M | 33M |
| Q4 2024 | 106 | 96M | 5.9% | 40 / 23 | 28 / 11 | 31M | 15M |
| Q3 2024 | 77 | 79M | 4.9% | 16 / 29 | 16 / 11 | 18M | 10M |
| Q2 2024 | 74 | 73M | 4.5% | 7 / 20 | 25 / 12 | 7M | 8M |
| Q1 2024 | 80 | 75M | 4.6% | 15 / 22 | 29 / 13 | 9M | 7M |
| Q4 2023 | 78 | 72M | 4.4% | 10 / 26 | 26 / 13 | 4M | 7M |
| Q3 2023 | 81 | 75M | 4.6% | 9 / 27 | 25 / 15 | 2M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of VNET | Value | % of fund | As of |
|---|---|---|---|---|---|
| Global X Data Center & Digital Infrastructure ETF | 6,154,355 | 0.38% | $62.04M | 2.89% | May 31, 2026 |
| iShares Core MSCI Emerging Markets ETF | 1,620,056 | 0.10% | $16.33M | 0.01% | May 31, 2026 |
| SMALLCAP World Fund Inc | 1,453,259 | 0.09% | $11.68M | 0.01% | Jun 30, 2026 |
| Vanguard Total International Stock Index Fund | 897,150 | 0.06% | $6.43M | 0.00% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 854,763 | 0.05% | $6.13M | 0.00% | Jul 31, 2026 |
| Strategic Advisers U.S. Total Stock Fund | 628,857 | 0.04% | $6.34M | 0.01% | May 31, 2026 |
| Global X Cloud Computing ETF | 536,089 | 0.03% | $5.40M | 2.01% | May 31, 2026 |
| Emerging Markets Core Equity 2 Portfolio | 525,630 | 0.03% | $3.77M | 0.01% | Jul 31, 2026 |
| The Emerging Markets Small Cap Series | 292,747 | 0.02% | $2.10M | 0.06% | Jul 31, 2026 |
| Vanguard Ftse All-World Ex-US Small-Cap Index Fund | 264,396 | 0.02% | $1.90M | 0.01% | Jul 31, 2026 |
| Pacer Data & Infrastructure Real Estate ETF | 245,299 | 0.02% | $1.76M | 0.47% | Jul 31, 2026 |
| Defiance AI & Power Infrastructure ETF | 207,721 | 0.01% | $2.09M | 0.28% | May 31, 2026 |
| iShares Core MSCI Total International Stock ETF | 191,342 | 0.01% | $1.37M | 0.00% | Jul 31, 2026 |
| Dimensional Emerging Markets Core Equity 2 ETF | 183,251 | 0.01% | $1.31M | 0.01% | Jul 31, 2026 |
| Dimensional Emerging Core Equity Market ETF | 170,629 | 0.01% | $1.22M | 0.01% | 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 |
|---|---|---|---|---|
| Sheng Chen | Exec. Chairperson & Int. CEO, Director | 98,440,275 | 6.07% | Mar 17, 2026 |
| Zhihua Zhang | SVP, Operational Finance | 33,924 | 0.00% | May 19, 2026 |
| Qiyu Wang | Chief Financial Officer | – | – | Mar 17, 2026 |
| David Lifeng Chen | Director | 501,252 | 0.03% | Aug 4, 2026 |
| Sean Shao | Director | 983,820 | 0.06% | Jun 3, 2026 |
| Kenneth Tai | Director | 1,262,802 | 0.08% | May 15, 2026 |
| Yoshihisa UENO | Director | 5,489,448 | 0.34% | May 15, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Lifeng Chen Director | Jul 31, 2026 | Option exercise | +83,544 | – | – | 501,252 |
| Sean Shao Director | Jun 1, 2026 | Sale | −60,000 | $1.71 | $102.60K | 983,820 |
| Zhihua Zhang SVP, Operational Finance | May 18, 2026 | Sale | −9,072 | $1.69 | $15.33K | 33,924 |
| Zhihua Zhang SVP, Operational Finance | May 15, 2026 | Option exercise | +42,996 | – | – | 42,996 |
| David Lifeng Chen Director | Apr 30, 2026 | Option exercise | +83,544 | – | – | 417,708 |
| David Lifeng Chen Director | Mar 23, 2026 | Sale | −83,544 | $1.51 | $126.15K | 334,164 |
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 |
|---|---|---|---|---|---|
| Lifeng Chen David Director | Mar 20, 2026 | 13,924 | $131.86K | Mar 23, 2026 | Vesting of restricted share units granted under share incentive plans |
| Shao Sean Director | Mar 19, 2026 | 150,000 | $1.40M | Mar 20, 2026 | Vesting of restricted share units granted under share incentive plans |
| Qiyu Wang Officer | Nov 24, 2025 | 87,154 | $731.22K | Nov 25, 2025 | RSU vested and exercised |
| Shao Sean Director | Sep 29, 2025 | 1,000 | $10.80K | Sep 30, 2025 | RSU vested and exercised |
| Tactical Opportunities Management Associates (Cayman) - NQ L.P. Blackstone Affiliate | Mar 17, 2025 | 10,402,130 | $118.38M | Mar 17, 2025 | Conversion of Series A Preferred Shares of the Issuer previously purchased for cash pursuant to an Investment Agreement dated June 22, 2020. |