GDS
Gds Holdings Ltd - Adr
3 super-investors hold GDS worth a combined $154M. The largest position: Dennis Hong at 3.3% of their portfolio. This quarter the cohort logged 1 buy and 0 sells on the name. Cohort Conviction Score: 30 — ranked #399 of 724 scored stocks. Conviction rising: 1 more super-investor hold it than in 2025Q4.
Why super-investors own GDS
Seth Klarman has been the lone super-investor holder of GDS for seven consecutive quarters, with his $123M position representing 2.4% of the Baupost portfolio — by far the largest absolute stake in the cohort. The only notable development in 2026Q1 is Dennis Hong of ShawSpring Partners initiating a new position worth $9M, making GDS a 3.3% allocation — his highest concentration of the two. Joel Greenblatt holds a negligible slice at roughly 0% of portfolio weighting. Cohort ownership has edged from one to two managers, a modest signal that interest may be incrementally broadening, though with just three holders and no additions from existing owners, conviction remains narrow and concentrated primarily in Klarman's long-standing position.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2018Q2 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (3) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | Seth Klarman | 2.4% | 9q | $123M | 3,044,818 |
| 2 | Joel Greenblatt | <0.1% | 30q | $23M | 560,751 |
| 3 | Dennis Hong | 3.3% | — 1q | $9M | 221,782 |
Owners of GDS also hold
Recent activity (1)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| Dennis Hong | NEW | 3.3% | +100% | $9M | May 14, 2026 |
Long US equity 13F-HR filings only. CUSIP 36165L108. Not investment advice.