XMax Inc. - Common Stock, $0.001 par value (XWIN) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2023 to Q4 2025

Type / Class
Equity / Common Stock, $0.001 par value
Symbol
XWIN on Nasdaq
Shares outstanding
7,291,667
Price per share
$5.78
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
2,748,508
Total reported value
$16,492,550
% of total 13F portfolios
0%
Share change
+2,214,256
Value change
+$13,319,173
Number of holders
31
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of XMax Inc. - Common Stock, $0.001 par value (XWIN) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
HUGE ENERGY INTERNATIONAL LTD 9.6% $714,000 700,000 Huge Energy International Limited 25 Oct 2024

As of 31 Dec 2025, 31 institutional investors reported holding 2,748,508 shares of XMax Inc. - Common Stock, $0.001 par value (XWIN). This represents 38% of the company’s total 7,291,667 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of XMax Inc. - Common Stock, $0.001 par value (XWIN) together control 38% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 9.3% 677,899 +448% 0% $4,067,394
BlackRock, Inc. 7.5% 546,113 +10975% 0% $3,276,678
GEODE CAPITAL MANAGEMENT, LLC 6.5% 476,069 +414% 0% $2,857,860
STATE STREET CORP 2.1% 150,929 +424% 0% $905,574
MARSHALL WACE, LLP 1.7% 127,375 0% $764,250
GOLDMAN SACHS GROUP INC 1.6% 119,488 0% $716,928
OMERS ADMINISTRATION Corp 1.6% 116,700 +384% 0% $700,200
NORTHERN TRUST CORP 1.3% 95,030 +377% 0% $570,180
MILLENNIUM MANAGEMENT LLC 1% 72,798 0% $436,788
JANE STREET GROUP, LLC 0.89% 64,880 +13% 0% $389,280
UBS Group AG 0.7% 50,949 +317% 0% $305,694
MANGROVE PARTNERS IM, LLC 0.59% 43,362 0.02% $260,172
Squarepoint Ops LLC 0.38% 27,936 +176% 0% $167,616
State of Wyoming 0.33% 24,400 0.02% $146,400
Qube Research & Technologies Ltd 0.23% 16,832 0% $100,992
TWO SIGMA INVESTMENTS, LP 0.22% 15,895 0% $95,370
Balyasny Asset Management L.P. 0.2% 14,602 0% $87,612
RENAISSANCE TECHNOLOGIES LLC 0.2% 14,400 -83% 0% $86,400
CITIGROUP INC 0.2% 14,363 0% $86,178
Hudson Bay Capital Management LP 0.18% 13,470 0% $80,820
Schonfeld Strategic Advisors LLC 0.17% 12,341 0% $74,046
Lighthouse Investment Partners, LLC 0.17% 12,060 0% $72,360
Scientech Research LLC 0.15% 11,086 0.04% $66,516
BNP PARIBAS FINANCIAL MARKETS 0.14% 9,905 0% 0% $59,430
Global Retirement Partners, LLC 0.08% 6,129 0% $36,774

Institutional Holders of XMax Inc. - Common Stock, $0.001 par value (XWIN) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,748,508 $16,492,550 +$13,319,173 $6.00 31
2025 Q3 524,347 $2,889,030 +$2,315,019 $5.51 15
2025 Q2 170,073 $235,272 +$52,073 $1.38 9
2025 Q1 156,987 $106,206 +$23,674 $0.68 7
2024 Q4 121,669 $81,859 +$67,053 $0.67 8
2024 Q3 22,007 $33,669 -$2,853 $1.53 4
2024 Q2 23,030 $37,540 -$23,725 $1.63 4
2024 Q1 24,845 $74,185 -$28,305 $2.99 5
2023 Q4 24,846 $110,169 +$52,266 $3.77 4
2023 Q3 18,631 $45,087 +$21,461 $2.42 5
2023 Q2 9,763 $21,869 +$21,869 $2.24 4