Vipshop Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of VIPS N?
Owner Type	Number of Shares	Ownership Percentage
General Public	26,472,812	5.37%
Public Companies	64,846,255	13.2%
Individual Insiders	123,253,800	25%
Institutions	278,552,493	56.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 75.97% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.2%	Ya Shen	79,718,085	Mex$27.5b	0%	no data
13.2%	Tencent Holdings Limited	64,846,255	Mex$22.3b	0%	1.17%
8.83%	Xiaobo Hong	43,535,715	Mex$15.0b	0%	no data
4.39%	BlackRock, Inc.	21,669,804	Mex$7.5b	15.3%	0.01%
3.73%	Fidelity International Ltd	18,407,263	Mex$6.3b	40.4%	0.13%
3.49%	Krane Funds Advisors, LLC	17,185,535	Mex$5.9b	24.9%	3.05%
3.37%	Acadian Asset Management LLC	16,604,384	Mex$5.7b	1.36%	0.48%
3.25%	Invesco Ltd.	16,048,568	Mex$5.5b	93.4%	0.08%
2.47%	Boston Partners Global Investors, Inc.	12,204,449	Mex$4.2b	2.72%	0.15%
2.03%	The Vanguard Group, Inc.	9,998,259	Mex$3.4b	-24.7%	no data
1.94%	Orbis Investment Management Limited	9,587,623	Mex$3.3b	96.7%	0.49%
1.72%	Dimensional Fund Advisors LP	8,467,566	Mex$2.9b	1.97%	0.02%
1.42%	State Street Global Advisors, Inc.	7,021,816	Mex$2.4b	-1.75%	no data
1.32%	Carmignac Gestion SA	6,518,398	Mex$2.2b	-31.5%	0.9%
1.12%	LSV Asset Management	5,524,813	Mex$1.9b	11.7%	0.22%
1.03%	Polaris Capital Management, LLC	5,068,000	Mex$1.7b	-9.39%	2.04%
0.95%	Arrowstreet Capital, Limited Partnership	4,696,530	Mex$1.6b	-15.9%	0.06%
0.79%	Rothschild & Cie Gestion	3,875,471	Mex$1.3b	0%	1.16%
0.75%	Massachusetts Financial Services Company	3,690,733	Mex$1.3b	12.4%	0.02%
0.73%	Geode Capital Management, LLC	3,593,403	Mex$1.2b	2.7%	no data
0.69%	HSBC Global Asset Management (UK) Limited	3,413,802	Mex$1.2b	-5.4%	0.02%
0.68%	Norges Bank Investment Management	3,370,406	Mex$1.2b	0%	no data
0.68%	North of South Capital LLP	3,355,999	Mex$1.2b	4.09%	6.33%
0.63%	Marathon Asset Management Limited	3,114,748	Mex$1.1b	-16.3%	0.38%
0.63%	Morgan Stanley	3,107,174	Mex$1.1b	-39%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/22 18:20
End of Day Share Price	2025/11/07 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vipshop Holdings Limited is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Kramer	Arete Research Services LLP
Alicia Yap	Barclays
Jiong Shao	Barclays