Sachem Head Capital Management LP: GDS HLDGS LTD (GDS): Quarterly 13F Position History
As of Q1 2026, Sachem Head Capital Management LP reported 8,685,000 shares of GDS HLDGS LTD (GDS), worth $349.9M and representing 8.4% of its 13F equity book. Quarter-over-quarter share count change: 615,000 (-6.6%) . The position first appeared in Q3 2019 and has been disclosed across 27 13F-HR filings in Pactolio's tracked window.
- 8,685,000Shares Held (Latest Filing)
- $349.9MReported Market Value (Latest Filing)
- 8.4%Portfolio Weight (% of 13F Equity Book)
- 615,000Quarter-over-Quarter Share Change
- +$25.3MQuarter-over-Quarter Value Change
- 9,300,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 27 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 8,685,000 | 615,000 | -6.6% | $349.9M | 8.4% | $40.3 |
| Q4 2025 | 9,300,000 | +2,885,000 | +45.0% | $324.6M | 7.6% | $34.9 |
| Q3 2025 | 6,415,000 | 464,485 | -6.8% | $248.3M | 7.0% | $38.7 |
| Q2 2025 | 6,879,485 | +2,664,485 | +63.2% | $210.3M | 6.6% | $30.6 |
| Q1 2025 | 4,215,000 | +4,215,000 | — | $106.8M | 4.3% | $25.3 |
| Q4 2024 | 0 | 2,825,000 | -100.0% | $0 | 0.0% | — |
| Q3 2024 | 2,825,000 | +1,745,000 | +161.6% | $57.6M | 3.0% | $20.4 |
| Q2 2024 | 1,080,000 | +1,080,000 | — | $10.0M | 0.5% | $9.3 |
| Q1 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2019 | 0 | 1,400,000 | -100.0% | $0 | 0.0% | — |
| Q3 2019 | 1,400,000 | — | — | $56.1M | 4.4% | $40.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Sachem Head Capital Management LP first disclose a GDS position in 13F-HR filings?
Sachem Head Capital Management LP first reported GDS HLDGS LTD (GDS) on its 13F-HR filing for the period ending 2019-09-30 (Q3 2019). The position has appeared on 27 reported quarters within Pactolio's tracked window.
What was Sachem Head Capital Management LP's most recent quarter-over-quarter share-count change in GDS?
Between Q4 2025 and Q1 2026, Sachem Head Capital Management LP reduced its GDS position by 615,000 shares (-6.6%), leaving 8,685,000 shares at a market value of $349.9M.
Does the implied price-per-share represent Sachem Head Capital Management LP's cost basis in GDS?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.