35% shareholding own by institutions !
Hedge funds don't have many shares in Alibaba.
$SoftBank Group (ADR)(SFTBY.US$ is currently the company's largest shareholder with 24% of shares outstanding.
With 2.8% and 2.5% of the shares outstanding respectively, $Vanguard Group Holdings(BK2599.US$ and $Blackrock(BLK.US$ are the second and third largest shareholders.
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