XYFNYSEFinance ServicesFiscal year ends December 31
X Financial
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026
$5.10+0.12 (+2.41%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
0.2%
1M of 469M shares
Institutional holders
23
5 new, 9 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $942.30K
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 |
|---|---|---|---|---|
| Nexus Special Situations Fund SPC | 7,550,004 | 5.50% | 13G (passive) amendment | Dec 31, 2025 |
| Legend Architecture Consultant Limited | 15,576,134 | 10.00% | 13G (passive) | Apr 25, 2025 |
| Yue (Justin) Tang | 114,934,942 | 49.01% | 13D (active) amendment | Mar 31, 2026 |
| Yue Tang | 112,219,666 | 45.75% | 13D (active) amendment | Sep 4, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of XYF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Two Sigma Investments, LP | 190,782 | 0.04% | $923.39K | +19,272 | 0.00% |
| Qube Research & Technologies Ltd | 136,792 | 0.03% | $662.07K | −31,839 | 0.00% |
| Acadian Asset Management LLC | 105,211 | 0.02% | $505 | −164,276 | 0.00% |
| Trexquant Investment LP | 85,378 | 0.02% | $413.23K | −27,845 | 0.00% |
| Citadel Advisors LLC | 79,349 | 0.02% | $384.05K | +65,326 | 0.00% |
| O'Shaughnessy Asset Management, LLC | 62,581 | 0.01% | $302.89K | −69,103 | 0.00% |
| UBS Group AG | 48,198 | 0.01% | $233.28K | +4,141 | 0.00% |
| Ramsey Quantitative Systems | 27,838 | 0.01% | $134.74K | New | 0.12% |
| Gsa Capital Partners Llp | 25,966 | 0.01% | $126 | −13,314 | 0.01% |
| Jane Street Group, LLC | 24,999 | 0.01% | $121.00K | +10,461 | 0.00% |
| JPMorgan Chase & Co | 22,843 | 0.00% | $114.44K | +8,770 | 0.00% |
| State Street Corp | 21,644 | 0.00% | $104.76K | −1,589 | 0.00% |
| SmartHarvest Portfolios, LLC | 15,421 | 0.00% | $74.64K | New | 0.02% |
| Police & Firemen's Retirement System of New Jersey | 7,644 | 0.00% | $37.00K | – | 0.00% |
| Morgan Stanley | 5,111 | 0.00% | $24.74K | −99,322 | 0.00% |
| WealthCollab, LLC | 2,429 | 0.00% | $11.76K | New | 0.00% |
| Royal Bank of Canada | 809 | 0.00% | $4.00K | −11 | 0.00% |
| Tower Research Capital LLC (TRC) | 719 | 0.00% | $3.48K | New | 0.00% |
| Citigroup Inc | 379 | 0.00% | $1.83K | +376 | 0.00% |
| Rhumbline Advisers | 191 | 0.00% | $924 | – | 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 | 23 | 1M | 0.2% | 5 / 7 | 8 / 9 | 0M | 1M |
| Q1 2026 | 27 | 1M | 0.3% | 3 / 5 | 15 / 19 | 0M | 1M |
| Q4 2025 | 43 | 2M | 0.5% | 13 / 13 | 13 / 7 | 1M | 1M |
| Q3 2025 | 37 | 2M | 0.4% | 18 / 7 | 9 / 13 | 1M | 1M |
| Q2 2025 | 32 | 2M | 0.4% | 19 / 6 | 3 / 6 | 1M | 0M |
| Q1 2025 | 19 | 1M | 0.2% | 8 / 5 | 3 / 3 | 1M | 0M |
| Q4 2024 | 14 | 1M | 0.1% | 5 / 1 | 3 / 0 | 0M | 0M |
| Q3 2024 | 9 | 0M | 0.1% | 1 / 2 | 1 / 3 | 0M | 0M |
| Q2 2024 | 11 | 1M | 0.1% | 0 / 1 | 4 / 2 | 0M | 0M |
| Q1 2024 | 13 | 1M | 0.1% | 1 / 3 | 2 / 1 | 0M | 0M |
| Q4 2023 | 13 | 1M | 0.1% | 0 / 3 | 4 / 3 | 0M | 0M |
| Q3 2023 | 16 | 1M | 0.1% | 6 / 3 | 1 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of XYF | Value | % of fund | As of |
|---|---|---|---|---|---|
| State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF | 21,644 | 0.00% | $104.76K | 0.01% | Jun 30, 2026 |
| ActivePassive International Equity ETF | 16,939 | 0.00% | $81.48K | 0.01% | May 31, 2026 |
| Avantis Emerging Markets Equity ETF | 1,275 | 0.00% | $6.13K | 0.00% | May 31, 2026 |
| Blackstone Alternative Multi-Strategy Fund | 600 | 0.00% | $2.90K | 0.00% | Jun 30, 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 |
|---|---|---|---|---|
| Kan Li | President, Director | 2,256,420 | 0.48% | Mar 18, 2026 |
| Yue (Justin) Tang | CEO, Director, 10% owner | 114,934,942 | 24.50% | Mar 18, 2026 |
| Fuya (Frank) Zheng | Chief Financial Officer | 549,990 | 0.12% | May 11, 2026 |
| yufan jiang | Chief Risk Officer | 1,112,484 | 0.24% | May 11, 2026 |
| Noah Nathanial Kauffman | CFSO | 150,000 | 0.03% | Mar 18, 2026 |
| Longgen Zhang | Director | 499,998 | 0.11% | Aug 3, 2026 |
| Zheng Xue | Director | 499,998 | 0.11% | Aug 3, 2026 |
| Zheng Wan | Director | 0 | – | Jun 24, 2026 |
| Shaoyong Cheng | Director | – | – | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Zheng Xue Director | Aug 1, 2026 | Conversion | +90,000 | – | – | 499,998 |
| Longgen Zhang Director | Aug 1, 2026 | Conversion | +90,000 | – | – | 499,998 |
| Zheng Wan Director | Jun 15, 2026 | Sale | −90,000 | $5.18 | $466.20K | 0 |
| Zheng Wan Director | Jun 15, 2026 | Sale | −90,000 | $5.29 | $476.10K | 90,000 |
| Zheng Wan Director | Jun 1, 2026 | Conversion | +90,000 | – | – | 180,000 |
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 |
|---|---|---|---|---|---|
| Zheng Wan Director | Jun 12, 2026 | 30,000 | $151.50K | Jun 15, 2026 | Director Equity Compensation Award |
| Shaoyong Cheng Director | Nov 14, 2025 | 10,000 | $118.30K | Dec 1, 2025 | RSU |
| Kan Li Officer | Sep 4, 2025 | 83,333 | $1.31M | Sep 5, 2025 | Employee Stock Option Exercise |
| Longgen Zhang Director | Aug 25, 2025 | 30,000 | $491.70K | Sep 3, 2025 | Employee Stock Option Exercise |
| Shaoyong Cheng Director | Dec 12, 2024 | 10,000 | $82.50K | Dec 13, 2024 | Director Stock Exercise |
| Kan Li Director | Sep 11, 2023 | 20,833 | $90.21K | Sep 12, 2023 | Employee Stock Option Exercise |
| Cheng Shaoyong Director | Jun 5, 2023 | 71,667 | $258.72K | Jun 6, 2023 | ESOP |
| Cheng Shaoyong Director | May 26, 2023 | 300,000 | $978.00K | May 31, 2023 | Employee Stock Option Exercise |