Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

Waterdrop Inc.

CIK 0001823986WDH· quarter ending 2026-06-30

Shares outstanding

3,608,834,920

as of 2025-12-31 · 20-F cover page, filed 2026-04-28

Held by 13F filers

24,912,205

0.9% of Common Class A

Holders

+4 vs 2026-03-31 · 10 new, 6 exited

Value

$28.1M

shares +1.8% vs prior quarter

Share classes (cover page of the 20-F filed 2026-04-28, as of 2025-12-31)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common Class A	yes · NYSE	2,806,929,941	24,912,205	0.9%	39	94132V105
Common Class B	—	801,904,979	—	—

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	94132V105	ADS	39	24,912,205	2,806,929,941	0.9%	$28.1M	—	13DG	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings.

Top holders (39 of 39 · 94132V105)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	Boundless Plain Holdings Ltd	11,485,432	0.41%	$13.0M	—
2	IDG China Capital Fund III Associates L.P.	5,729,041	0.20%	$6.5M	—
3	MORGAN STANLEY	3,271,149	0.12%	$3.7M	-127,878 (-3.8%)
4	Baader Bank Aktiengesellschaft	1,603,508	0.06%	$1.8M	—
5	Avenir Tech Ltd	859,202	0.03%	$971K	—
6	ACADIAN ASSET MANAGEMENT LLC	300,169	0.01%	$332K	+173,537 (+137.0%)
7	IDG China Capital Fund GP III Associates Ltd.	283,175	0.01%	$320K	—
8	CITADEL ADVISORS LLC	231,742	0.01%	$262K	+201,275 (+660.6%)
9	GSA CAPITAL PARTNERS LLP	222,237	0.01%	$251K	NEW
10	GOLDMAN SACHS GROUP INC	164,440	0.01%	$186K	-3,773 (-2.2%)
11	RENAISSANCE TECHNOLOGIES LLC	134,327	0.00%	$152K	+76,370 (+131.8%)
12	Invesco Ltd.	97,672	0.00%	$110K	-13,564 (-12.2%)
13	SG Americas Securities, LLC	77,064	0.00%	$87K	NEW
14	STATE STREET CORP	68,321	0.00%	$77K	-5,012 (-6.8%)
15	MILLENNIUM MANAGEMENT LLC	61,475	0.00%	$69K	NEW
16	SEI INVESTMENTS CO	40,824	0.00%	$46K	+15,904 (+63.8%)
17	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	39,372	0.00%	$44K	—
18	Ethos Financial Group, LLC	38,401	0.00%	$43K	—
19	SmartHarvest Portfolios, LLC	32,086	0.00%	$36K	-15,637 (-32.8%)
20	Police & Firemen's Retirement System of New Jersey	23,970	0.00%	$27K	—
21	WELLS FARGO & COMPANY/MN	20,000	0.00%	$23K	—
22	BNP PARIBAS FINANCIAL MARKETS	19,400	0.00%	$22K	-2,100 (-9.8%)
23	OVERSEA-CHINESE BANKING Corp Ltd	19,081	0.00%	$22K	NEW
24	RHUMBLINE ADVISERS	15,359	0.00%	$17K	—
25	Ground Swell Capital, LLC	13,683	0.00%	$15K	NEW
26	Centiva Capital, LP	12,328	0.00%	$14K	-25,267 (-67.2%)
27	Point72 Asset Management, L.P.	10,717	0.00%	$12K	NEW
28	HRT FINANCIAL LP	10,373	0.00%	$11K	NEW
29	XTX Topco Ltd	10,050	0.00%	$11K	NEW
30	SBI Securities Co., Ltd.	6,000	0.00%	$7K	+3,000 (+100.0%)
31	Tower Research Capital LLC (TRC)	2,866	0.00%	$3K	NEW
32	JNBA Financial Advisors	2,808	0.00%	$3K	—
33	JPMORGAN CHASE & CO	2,020	0.00%	$2K	-210 (-9.4%)
34	ROYAL BANK OF CANADA	1,813	0.00%	$2K	+524 (+40.7%)
35	NISA INVESTMENT ADVISORS, LLC	1,672	0.00%	$2K	+571 (+51.9%)
36	FIRST HORIZON CORP	250	0.00%	$283	—
37	KELLEHER FINANCIAL ADVISORS	120	0.00%	$136	NEW
38	BlackRock, Inc.	56	0.00%	$63	—
39	Caitong International Asset Management Co., Ltd	2	0.00%	$2	—

Exited since 2026-03-31 (6 filers; largest 6 shown)

MARSHALL WACE, LLP	−199,434
JANE STREET GROUP, LLC	−28,179
SUSQUEHANNA INTERNATIONAL GROUP, LLP	−21,211
Virtu Financial LLC	−10,409
Spire Wealth Management	−5,000
UBS Group AG	−2,828

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
Banyan Partners Fund III-A, L.P.	SCHEDULE 13G/A	2026-02-13	2025-12-31	1,435,546	0.05%
Banyan Partners Fund III, L.P.	SCHEDULE 13G/A	2026-02-13	2025-12-31	79,807,311	2.84%
Banyan Partners III Ltd.	SCHEDULE 13G/A	2026-02-13	2025-12-31	81,242,857	2.89%
Beijing Gaorong Capital Management Consulting Co., Ltd.	SCHEDULE 13G/A	2026-02-13	2025-12-31	74,814,973	2.66%
Gaorong Group Holdings Limited	SCHEDULE 13G/A	2026-02-13	2025-12-31	57,368,488	2.04%
Gaorong Technology Consulting Limited	SCHEDULE 13G/A	2026-02-13	2025-12-31	74,814,973	2.66%
Suzhou Industry Park Gaorong Growth Investment Center (Limited Partnership)	SCHEDULE 13G/A	2026-02-13	2025-12-31	74,814,973	2.66%
Xizang Gaorong Capital Management Co., Ltd.	SCHEDULE 13G/A	2026-02-13	2025-12-31	74,814,973	2.66%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.