So, who’s really in charge over at Webull? It’s a trading platform a lot of people use, and like most big companies, it’s not just one person calling all the shots. There are founders, big investment groups, and other folks with stakes. We’re going to break down who owns what and who the main players are behind this popular trading app. It’s a bit of a mix, honestly.
Key Takeaways
- Anquan Wang is the main owner and founder of Webull, holding significant voting power that makes it a controlled company.
- Webull Corporation is the publicly traded entity, listed on Nasdaq (BULL).
- Major institutional investors include Tianjin Nuofeng Enterprise Management Consulting Partnership (Gopher Asset Management) and HS Investments IV Limited (Hedosophia Partners IV).
- Early investors like Jun Yuan (via NotNull Inc.) and firms such as Susquehanna International Group hold notable stakes.
- Other significant shareholders include investment firms like Hillhouse Capital, PEAK6 LLC, General Atlantic, Tiger Global Management, and Coatue Management.
Understanding Webull’s Ownership Landscape
So, who actually owns Webull? It’s not as simple as one person or company holding all the cards. Think of it more like a big pie with several slices, some bigger than others.
The Primary Webull Owner: Anquan Wang’s Control
At the heart of it all is Anquan Wang. He’s the founder, chairman, and CEO. He holds a significant chunk of voting power, which means he really calls the shots. This isn’t just a small stake; filings show he has a massive number of shares, including special ones that give him way more say than others. Because of this, Webull is considered a "controlled company" by Nasdaq rules. It’s like having the ultimate say-so in how things are run.
Webull Corporation: The Publicly Traded Entity
Webull Corporation is the company you might see listed on the stock market, like NASDAQ: BULL. This is the entity that operates the trading platform we all use. While Anquan Wang has a lot of control, the corporation itself is where shares are bought and sold by various investors. It’s the public face of Webull, offering services across many countries and serving millions of users.
Key Stakeholders in Webull’s Structure
Beyond Anquan Wang, there’s a whole group of other players who own parts of Webull. These aren’t just random people; they’re often big investment firms and partnerships. They’ve put their money into Webull, expecting it to grow.
Here’s a look at some of the major ones:
- Tianjin Nuofeng Enterprise Management Consulting Partnership: This is a Chinese investment group, managed by Gopher Asset Management. They hold a pretty sizable portion of Webull’s shares.
- HS Investments IV Limited (Hedosophia Partners IV): Based in Guernsey, this investment vehicle represents several Hedosophia funds and has a notable stake.
- Susquehanna International Group: A well-known global trading and investment firm that has been accumulating shares.
The ownership structure of a company like Webull is complex, with different classes of shares and voting rights. This setup allows founders to maintain control while still bringing in outside investment to fuel growth and expansion into new markets.
Major Institutional Investors in Webull
When you look at who’s putting money into Webull, it’s not just individuals. A bunch of big investment firms have taken notice and bought significant stakes. These institutions often have deep pockets and a keen eye for growth, so their involvement tells us something about Webull’s potential. It’s a mix of global players and specialized funds, all betting on the trading platform’s future.
Tianjin Nuofeng Enterprise Management Consulting Partnership
This China-based private equity outfit, managed by Gopher Asset Management, is a notable shareholder. As of June 30, 2025, they held about 37.6 million Webull Class A ordinary shares. That works out to roughly 9.4% of the Class A shares and 7.8% of all the shares outstanding at the time. They’re definitely a big player in the Webull ownership picture.
HS Investments IV Limited (Hedosophia Partners IV)
Hedosphia Partners IV, through its investment vehicle HS Investments IV Limited, also has a substantial stake. Back in April 2025, they reported holding around 28.6 million Webull Class A ordinary shares. This represented about 7.1% of the Class A shares available then. It shows that even specialized investment funds see value in Webull.
Susquehanna International Group’s Holdings
Susquehanna International Group, a well-known global trading and investment firm, has also invested. Through various funds and affiliates, they reported owning over 24 million Webull Class A ordinary shares as of June 2025. That was about 6.4% of the Class A shares. By September 2025, their holdings had grown to nearly 29 million shares, making up about 7% of Webull’s equity. It’s clear they’ve been increasing their bet on the company.
Institutional investors, in general, hold a small percentage of Webull Corp. stock, but their presence is significant. Currently, Webull Corp. stock is owned by 3 institutional shareholders, according to available data. This concentration suggests a few key funds are making larger bets.
The landscape of institutional investment in Webull is dynamic. Firms are adjusting their positions, sometimes increasing their stakes, sometimes reducing them. This reflects the ongoing evaluation of the company’s performance and market position by these sophisticated investors. It’s a constant dance of capital allocation based on perceived opportunities and risks.
Here’s a quick look at some of the major institutional players:
- Tianjin Nuofeng Enterprise Management Consulting Partnership: Around 9.4% of Class A shares (June 2025).
- HS Investments IV Limited (Hedosophia Partners IV): Approximately 7.1% of Class A shares (April 2025).
- Susquehanna International Group: Around 7% of equity (September 2025).
These firms, along with others, form a significant part of Webull’s ownership structure, indicating a strong vote of confidence from the financial world. You can find more information about Webull’s global operations on their corporate site.
Significant Individual and Early Investor Stakes
When we look at who’s really got a piece of the Webull pie, it’s not just big firms. There are some key individuals and early backers who played a big role in getting the platform off the ground and still hold significant sway. It’s always interesting to see how founders and early supporters shape a company’s journey.
Jun Yuan’s Early Investment via NotNull Inc.
Jun Yuan is one of those early folks who saw potential in Webull before it became the big name it is today. Through a company called NotNull Inc., Yuan holds a notable chunk of Webull’s shares. As of August 2025, filings showed that NotNull Inc., representing Jun Yuan’s stake, owned about 7.4% of Webull’s Class A shares. That’s a pretty solid position for someone who got in early.
Anquan Wang’s Founder Stake and Voting Power
Anquan Wang is the big cheese here, the founder, chairman, and CEO of Webull. He’s not just a founder; he’s the primary owner and has a massive amount of control. According to filings from November 2025, Wang, through various holdings, effectively controls over 20% of Webull’s Class A shares. But here’s the kicker: he also holds super-voting Class B shares. These shares give him 20 votes for every one vote of a Class A share. This structure means Anquan Wang wields about 81% of the total voting power at Webull. This level of control is why Webull is considered a "controlled company" under Nasdaq rules. It’s pretty clear who’s steering the ship.
Having a founder with such a dominant voting stake often means the company’s vision stays pretty consistent, especially in the early years. It can speed up decisions but also means fewer checks and balances from the shareholder side if things go off track. It’s a trade-off, for sure.
Here’s a quick look at these significant individual stakes:
- Anquan Wang: Founder, Chairman, CEO. Holds a substantial portion of Class A shares and the vast majority of voting power through super-voting Class B shares (approx. 81% voting power).
- Jun Yuan (via NotNull Inc.): An early investor who maintains a significant stake, representing around 7.4% of Class A shares as of mid-2025.
Other Notable Shareholders and Investment Firms
Beyond the biggest players, a few other investment firms and companies hold significant stakes in Webull, showing just how widespread the interest in this trading platform is. It’s not just a few big names; it’s a whole ecosystem of investors.
HHLR Advisors, Ltd. (Hillhouse Capital) Position
HHLR Advisors, Ltd., often known as Hillhouse Capital, is a significant investor. Filings from late 2025 show they held around 33.1 million shares of Webull’s Class A stock. This put their ownership in the 6.6% to 8% range, depending on how you count the shares. They’re a big deal in the investment world, especially in Asia.
PEAK6 LLC’s Evolving Shareholding
PEAK6 LLC, a trading and investment firm from the US, has had a changing presence in Webull’s ownership. Back in June 2025, they had a pretty large stake, about 26.6 million shares, which was around 5.5% of the company. But by September 2025, their holdings had dropped to about 7.3 million shares, or roughly 1.8%. It shows how investment positions can shift over time.
General Atlantic’s Long-Term Investment
General Atlantic is a global investor that focuses on growth equity. They’ve been supporting Webull for a while now. As of late 2025, their reports indicated they owned about 7.2 million shares, making up about 1.4% to 1.8% of the company. Their continued investment suggests they see long-term potential in Webull.
The landscape of Webull’s ownership is quite dynamic. It’s interesting to see how different firms adjust their stakes, reflecting market conditions and their own investment strategies. This constant flux is typical in the fast-paced world of tech and finance.
Here’s a look at some of the stakes held by these firms:
- HHLR Advisors, Ltd. (Hillhouse Capital): Approximately 6.6% – 8% ownership (as of Sep 2025).
- PEAK6 LLC: Reduced stake to around 1.8% ownership (as of Sep 2025).
- General Atlantic, L.P.: Around 1.4% – 1.8% ownership (as of Sep 2025).
These firms, along with others, contribute to the diverse ownership structure of Webull, which is a publicly traded entity on the Nasdaq. Understanding these different stakeholders helps paint a clearer picture of who has a say in the company’s direction, much like how various investors are interested in companies like SpaceX [85f9].
Global Investment Firms with Webull Ownership
Beyond the founders and early backers, a number of big-name global investment firms have also put their money into Webull. These firms often look for companies with strong growth potential and a solid market position, and Webull seems to fit the bill for them. It’s interesting to see how these large players shape the company’s direction.
Tiger Global Management LLC’s Stake
Tiger Global Management, a firm known for its focus on technology investments, holds a position in Webull. They typically invest in companies that are disrupting their respective industries. Their involvement suggests they see Webull as a significant player in the fintech space.
Coatue Management LLC’s Investment
Coatue Management is another prominent investment firm with a stake in Webull. They are also heavily invested in technology and growth-oriented companies. Having Coatue on board indicates confidence in Webull’s expansion plans and its ability to capture a larger share of the market.
Lunate Capital Ltd’s Shareholding
Lunate Capital, an investment manager based in Abu Dhabi, also has a holding in Webull. This shows Webull’s appeal extends beyond traditional tech investment hubs, attracting capital from diverse global financial centers. Their investment adds another layer to Webull’s international investor base.
The presence of these major global investment firms highlights Webull’s perceived potential in the rapidly evolving digital brokerage landscape. Their capital and strategic insights can play a role in the company’s future growth and market penetration.
Wrapping It Up: Who’s Really in Charge at Webull?
So, after digging into the details, it’s clear that Webull isn’t owned by just one person or entity. Anquan Wang, the founder, chairman, and CEO, holds a significant chunk of voting power, which gives him a lot of control. But there are also several big investment firms and partnerships, both in China and globally, that have sizable stakes. Think of it like a big company with a main driver, but also a board of major shareholders who have a say. It’s a mix of founder leadership and institutional backing that shapes how Webull operates and where it’s headed in the trading world.
Frequently Asked Questions
Who is the main person behind Webull?
Anquan Wang is the founder, chairman, and CEO of Webull. He holds a significant amount of shares, including special shares that give him most of the voting power. This means he has a lot of control over the company.
Is Webull a public company?
Yes, Webull Corporation is a publicly traded company. You can buy its shares on the Nasdaq stock exchange under the ticker symbol BULL. This means anyone can invest in the company.
Who are the big investors in Webull?
Besides Anquan Wang, several large investment firms have invested in Webull. These include Tianjin Nuofeng Enterprise Management Consulting Partnership, HS Investments IV Limited, and Susquehanna International Group. These companies own a good chunk of Webull’s shares.
Are there any early investors still involved?
Yes, Jun Yuan is an early investor who still has a notable stake in Webull through his company, NotNull Inc. His early belief in Webull helped the company grow.
What is Webull’s goal for its users?
Webull aims to make investing easier and more accessible for everyone. They want to give people the same tools and chances to trade in global markets, no matter where they are.
How many people use Webull?
Webull is a popular platform used by millions of people worldwide. They have over 24 million registered users globally, showing how many people trust Webull for their trading needs.
