Who Owns Webull? | ChampSignal
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Who Owns Webull?

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Explore the ownership hierarchy of Webull. See parent companies, holding structures, and ultimate controllers.

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Webull

Best for consumers
Est. 2016   •  1k+ employees   •  Private

Retail brokerage and trading app that offers free paper trading and advanced charting tools for stocks, options and crypto.

Starts at $0

Owned by
Image associated with Webull Corporation

Webull Corporation

Best for consumers
Est. 2016   •  1k+ employees   •  Public (NASDAQ:BULL)

Webull Corporation is a publicly traded fintech company that operates the Webull electronic trading platform, providing commission-free trading and investment tools for retail investors worldwide.

Starts at $0

Major Shareholders

Webull

Major Shareholders

NameTypeOwnershipVotingAs of
Anquan Wang Founder, chairman and CEO of Webull. A Schedule 13G/A filed November 14, 2025 reports that he beneficially owns 103,194,966 Webull Class A ordinary share equivalents, including all 83,859,005 super‑voting Class B shares (20 votes per share) and 8,504,665 Class A shares subject to a proxy agreement, representing about 20.8% of Webull’s outstanding Class A shares as of September 30, 2025. These super‑voting shares give him effective control of roughly 81% of total voting power, so Webull qualifies as a “controlled company” under Nasdaq rules.
Founder20.8%81.2%Sep 2025
Tianjin Nuofeng Enterprise Management Consulting Partnership (Gopher Asset Management) China‑based private equity vehicle managed by Gopher Asset Management. A Schedule 13G for Tianjin Nuofeng Enterprise Management Consulting Partnership (L.P.) shows it beneficially owning 37,594,146 Webull Class A ordinary shares, equal to about 9.4% of the Class A shares and 7.8% of total ordinary shares outstanding as of June 30, 2025.
Institutional9.4%Jun 2025
Jun Yuan (via NotNull Inc.) Early shareholder in Webull. A Schedule 13G filed August 18, 2025 discloses that Jun Yuan beneficially owns 29,758,301 Webull Class A ordinary shares held of record by NotNull Inc., representing approximately 7.4% of the company’s Class A shares as of June 30, 2025.
Individual7.4%Jun 2025
HS Investments IV Limited (Hedosophia Partners IV) Guernsey‑based investment vehicle for Hedosophia Partners IV. A Schedule 13G dated April 17, 2025 reports HS Investments IV Limited holding 28,592,200 Webull Class A ordinary shares in nominee form for several Hedosophia funds, corresponding to about 7.1% of the Class A shares outstanding at that time.
Institutional7.1%Apr 2025
Susquehanna International Group (via SIG Global China Fund I and affiliates) Global trading and investment firm. A Schedule 13G filed for SIG Global China Fund I, SIG Asia Investment and related entities shows beneficial ownership of 24,152,813 Webull Class A ordinary shares (about 6.4% of the class as of June 30, 2025). Later institutional‑holder data aggregating Susquehanna’s positions indicate that by September 30, 2025 the group held roughly 28.9 million shares, or about 7% of Webull’s equity.
Institutional7.0%Sep 2025
HHLR Advisors, Ltd. (Hillhouse Capital) Hillhouse Capital–linked investment manager. Q2–Q3 2025 13F and major‑holder disclosures show HHLR Advisors owning about 33.1 million Webull Class A shares, which corresponds to roughly 6.6–8% of shares outstanding depending on whether only Class A or all ordinary shares are used as the denominator.
Institutional6.6%Sep 2025
Lunate Capital Ltd Abu Dhabi–based investment manager. Institutional‑ownership data in November 2025 show Lunate Capital holding approximately 15.6 million Webull Class A shares, representing about 3.1% of the company’s equity.
Institutional3.1%Nov 2025
Lishui Bojiang Chuangfu 2nd Equity Investment Partnership (Bojiang Capital group) Chinese private‑equity vehicle associated with Bojiang Capital. A Schedule 13G/A covering Lishui Bojiang Chuangfu 2nd Equity Investment Partnership and related entities reports beneficial ownership of 11,011,948 Webull Class A ordinary shares, or roughly 2.7% of the class as of June 30, 2025.
Institutional2.7%Jun 2025
Tiger Global Management LLC Global technology‑focused hedge fund. Q3 2025 institutional‑ownership reports show Tiger Global holding about 11.7 million Webull Class A shares, equating to roughly 2.3–2.9% of shares outstanding.
Institutional2.4%Sep 2025
RIT Capital Partners PLC London‑listed investment trust associated with the Rothschild family. Major‑holder data as of September 30, 2025 indicate that RIT Capital Partners owns roughly 10.0 million Webull Class A shares, or about 2.4% of the company.
Institutional2.4%Sep 2025
Coatue Management LLC Technology‑focused investment firm. Q3 2025 filings report Coatue holding around 11.5 million Webull Class A shares, corresponding to approximately 2.3–2.8% of the company’s equity.
Institutional2.3%Sep 2025
HSG Holding Ltd (also referenced as SC China Holding Ltd) Hong Kong–based investment manager. Q3 2025 13F and ownership summaries show HSG Holding Ltd (SC China Holding Ltd) with about 9.55 million Webull Class A shares, representing roughly 1.9–2.1% of shares outstanding.
Institutional1.9%Sep 2025
PEAK6 LLC U.S. proprietary trading and investment firm. A Schedule 13G for June 30, 2025 disclosed PEAK6‑affiliated entities beneficially owning about 26.6 million Webull Class A shares (approximately 5.5% of the class), while updated Q3 2025 institutional‑holder data show the position reduced to roughly 7.3 million shares, or about 1.8% of Webull’s equity.
Institutional1.8%Sep 2025
General Atlantic, L.P. Global growth‑equity investor and long‑time Webull backer. Q3 2025 holdings data report General Atlantic owning approximately 7.2 million Webull Class A shares, representing about 1.4–1.8% of shares outstanding.
Institutional1.4%Sep 2025
Lightspeed Management Company, L.L.C. Venture and growth‑stage investor. Institutional‑ownership reports as of September 30, 2025 show Lightspeed holding about 7.15 million Webull Class A shares, or roughly 1.4–1.7% of the company.
Institutional1.4%Sep 2025

Webull Corporation

Major Shareholders

NameTypeOwnershipAs of
Anquan Wang Founder, chairman and CEO of Webull Corporation. Owns a large stake primarily through super‑voting Class B ordinary shares (via Water Castle Az Inc.) and additional Class A shares. Webull is classified as a controlled company under Nasdaq rules because Mr. Wang holds a majority of the company’s voting power.
Founder18.4%Dec 2025
Tianjin Zhiying Enterprise Management Partnership (Limited Partnership) Investment vehicle associated with Xiaomi Group; holds a significant block of Webull Class A ordinary shares.
Institutional7.5%Dec 2025
Jun Yuan Co‑founder of Webull. Beneficial owner of 29,758,301 Class A ordinary shares held through NotNull Inc., with voting control retained via ToString Inc., as disclosed in a Schedule 13G filed with the U.S. SEC. Percentage based on 401,758,855 Class A shares outstanding at that time.
Founder7.4%Jun 2025
Hillhouse Investment Management, Ltd. Global investment manager (Hillhouse / Hillhouse Capital) holding Webull Class A ordinary shares as a portfolio investment.
Institutional6.6%Dec 2025
Susquehanna International Group, LLP Proprietary trading and investment firm (Susquehanna) with a sizable equity position in Webull, held through various affiliated entities.
Institutional5.8%Dec 2025
Hedosophia Group Limited Investment firm (Hedosophia) that holds a meaningful stake in Webull’s Class A ordinary shares, originating from pre‑listing/private rounds and the de‑SPAC transaction.
Institutional5.7%Dec 2025
SIG Asia Investments, LLLP Susquehanna‑affiliated Asia investment vehicle. A Schedule 13G filing by SIG entities reports ownership of over 24 million Webull Class A ordinary shares.
Institutional4.8%Dec 2025
Shanghai Bojiang Investment Management Co., Ltd. Chinese private equity/venture firm (Bojiang Capital) that invested in Webull prior to listing and continues to hold a substantial Class A position.
Institutional4.4%Dec 2025
Tiger Global Management, LLC Global investment firm Tiger Global holds Webull Class A ordinary shares as part of its growth‑equity/technology portfolio.
Institutional2.3%Dec 2025
Coatue Management, L.L.C. Technology‑focused investment manager Coatue holds a notable minority stake in Webull’s Class A ordinary shares.
Institutional2.3%Dec 2025
Webull Corporation, ESOP (Webull Partners Limited employee share scheme) Employee share ownership/option pool held via Webull Partners Limited for the benefit of Webull employees, directors and officers. A portion of these shares is counted in Mr. Anquan Wang’s beneficial holdings in certain SEC filings due to his governance role over the plan trust.
Other2.2%Dec 2025
RIT Capital Partners Plc UK‑listed investment trust (RIT Capital Partners) that holds a minority but still material position in Webull’s Class A ordinary shares.
Institutional2.0%Dec 2025

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