DOSSIER · 13F Holders · Q4 2025
HEPS

D MARKET ELECTR SVCS & TRADI

33 institutions still hold D MARKET ELECTR SVCS & TRADI as of Q4 2025. Tracked across SEC 13F-HR filings, with insider and 13D/G activity surfaced alongside.

CUSIP 23292B104·33 13F holders·last filed Dec 31, 2025
Market cap
13F value held
$58M
visible holders
Holders
33
filers reporting
Concentration
70.25%
VR Advisory Services Ltd #1
top holder share
AI Holders Summary · Q4 2025

33 institutions reported HEPS in Q4 2025. VR Advisory Services Ltd leads at 70.2% of the visible book.

Top holders

Sorted by position value. Source: SEC EDGAR 13F-HR filings.

#HolderValueShares% port.Quarter
01
VR Advisory Services Ltd
CIK 0001348145
$41M16.5M6.47%Q4 2025
02
STATE STREET CORP
CIK 0000093751
$7M2.3M0.00%Q2 2026
03
BNP PARIBAS FINANCIAL MARKETS
CIK 0001166588
$2M838K0.00%Q2 2026
04
UBS Group AG
CIK 0001610520
$2M788K0.00%Q2 2026
05
MORGAN STANLEY
CIK 0000895421
$2M592K0.00%Q2 2026
06
CITADEL ADVISORS LLC
CIK 0001423053
$1M380K0.00%Q2 2026
07
Rangeley Capital, LLC
CIK 0001517796
$524K200K0.51%Q1 2026
08
Delaware Management Holdings, Inc.
CIK 0000921739
$465K160K0.00%Q2 2026
09
GAM Holding AG
CIK 0001438848
$378K130K0.03%Q2 2026
10
Russell Investments Group, Ltd.
CIK 0001692234
$350K120K0.00%Q2 2026
11
Aberdeen Group plc
CIK 0001716774
$199K69K0.00%Q2 2026
12
Schonfeld Strategic Advisors LLC
CIK 0001665241
$198K68K0.00%Q2 2026
13
GEODE CAPITAL MANAGEMENT, LLC
CIK 0001214717· Index
$194K67K0.00%Q2 2026
14
JANE STREET GROUP, LLC
CIK 0001595888· Market maker
$160K61K0.00%Q1 2026
15
SUSQUEHANNA INTERNATIONAL GROUP, LLP
CIK 0001446194· Market maker
$99K34K0.00%Q2 2026
16
GAMMA Investing LLC
CIK 0002010235
$91K31K0.00%Q2 2026
17
JBF Capital, Inc.
CIK 0001483864
$90K31K0.01%Q2 2026
18
TWO SIGMA INVESTMENTS, LP
CIK 0001179392
$86K30K0.00%Q2 2026
19
Capricorn Fund Managers Ltd
CIK 0001901361
$85K29K0.01%Q2 2026
20
TWO SIGMA ADVISERS, LP
CIK 0001478735
$56K23K0.00%Q4 2025
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