Vnet Group Inc-adr (VNET) — 13F Holders Deep Dive (Q2 2026)

VNET ranks #3496 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

VNET is a disclosed holding of Steve Cohen (Point72 Asset Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.2% of that fund's own 13F portfolio.

VNET is a top-conviction position for Infini Capital Management Ltd — at 100.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in VNET belongs to Point72 Asset Management, L.P., but the position matters far more to Infini Capital Management Ltd, who has 100.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Ken Griffin has added to its VNET position for two straight quarters, increasing it by $65.7M to reach $74.3M today.

JPMorgan has trimmed its VNET position for two straight quarters, cutting it by $21.1M while still holding $89.2K.

VNET is down 7.5% today, but institutions show net buying of $384.5M this quarter — a divergence between today's price move and the underlying institutional flow.

VNET reported a net loss of $251.8M in its latest fiscal year.

• Not yet profitable — net loss of $251.8M in the latest fiscal year
• Net income declined year over year, from $183.2M to -$251.8M
• Generated $1.9B in positive operating cash flow
• Current ratio of 0.92x — below the conventional 1.5x liquidity buffer
• Liabilities run 5.79x equity — a highly leveraged balance sheet worth noting