SEC ownership of Sunlands Technology Group

Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0001723935.

Comparable stake leader

AREO HOLDINGS LTD

Disclosed value leader

Primavera Capital Management Ltd

Comparable rows

8/12

Latest evidence

30 Jun 2026

Ownership snapshot CIK-linked ownership evidence from parsed SEC filings. 3 signals
Comparable ownership rows
8 of 12
Meaning: Rows with safely comparable ownership %
Latest 13D/G holder
AREO HOLDINGS LTD
Source: Latest parsed Schedule 13D/G stake
Latest parsed ownership date
30 Jun 2026
Freshness: Most recent filing date in this holder set
Issuer Names, identifiers, and filing context for this profile. 2 identity fields
Issuer CIK
0001723935
Issuer location
Beijing

Ownership snapshot

Top shareholders of Sunlands Technology Group (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader
AREO HOLDINGS LTD
Disclosed value leader
Primavera Capital Managem...
Comparable rows
8/12
Latest evidence
30 Jun 2026
13D/G 13F 3/4/5 Lead comparable stake: 12% 4 rows are not safely comparable across share classes. 13D/G row: AREO HOLDINGS LTD Showing 1-8 of 12 holder rows.

Quick read

AREO HOLDINGS LTD leads the comparable SEC ownership view at 12%.

8 of 12 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens AREO HOLDINGS LTD's linked filing trail.
Comparable ownership Top 5
AREO HOLDINGS LTD 12%
Primavera Capital Management Ltd 61%
HRT FINANCIAL LP 1.7%
CITADEL ADVISORS LLC 1.1%
UBS Group AG 0.04%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-8 of 12 holder rows
Holder Evidence Ownership % Position 12M Net Δ As of
AREO HOLDINGS LTD
13D/G
LAM LAI MING
12%
$1,564,010
312,802 shares
$0 31 Dec 2024
Primavera Capital Management Ltd
13F
Company
13F
61%
$6,478,890
1,652,778 shares
30 Jun 2026
HRT FINANCIAL LP
13F
Company
13F
1.7%
$176,000
44,902 shares
30 Jun 2026
CITADEL ADVISORS LLC
13F
Company
13F
1.1%
$117,353
29,937 shares
30 Jun 2026
UBS Group AG
13F
Company
13F
0.04%
$4,124
1,052 shares
30 Jun 2026
MORGAN STANLEY
13F
Company
13F
0.02%
$2,085
532 shares
30 Jun 2026
SBI Securities Co., Ltd.
13F
Company
13F
0%
$431
110 shares
30 Jun 2026
RHUMBLINE ADVISERS
13F
Company
13F
0%
$160
41 shares
30 Jun 2026
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

Forms 3/4/5 flow

Insider trading overview

Insider buy and sell flow is broadly balanced over the last 12 months. No Buy or Sell transactions have been reported since 22 Aug 2025.

Buys
$0
Insiders: 0
Sells
$0
Insiders: 0
Net
$0
Shares: 0
Window
Last 12 months
4 rolling buckets
Buy value Sell value
Shares: 0 Shares: 0
Window (months) Buy shares Sell shares Buy value Sell value Net value
0-3 0 0 $0 $0 $0
3-6 0 0 $0 $0 $0
6-9 0 0 $0 $0 $0
9-12 0 0 $0 $0 $0

Reporting owners

Insider holders from Forms 3/4/5

Showing 1-4 of 4 reporting-owner rows connected to Sunlands Technology Group. Open a relationship link for the CIK-to-CIK filing trail.

Rows
4
Largest Forms 3/4/5 holder
Gao Jing
Net 12M change
$0
Latest report
01 Apr 2026
Name Relationship Holdings Value Past Year Net Change Change % Valuation Report Date
Gao Jing Director Mixed 01 Apr 2026
Li Hangyu Finance Director Mixed 01 Apr 2026
Tongbo Liu Chief Executive Officer, Director, 10%+ Owner Mixed 01 Apr 2026
Peng Ou Director, 10%+ Owner Mixed 01 Apr 2026

Recent insider transactions for Sunlands Technology Group

Showing up to 300 recent insider transactions from the last 12 months.

Insider Symbol Class Transaction % SEC-reported value SEC-reported price Shares Shares owned Date Ownership
Peng Ou STG Common stock 0 2,833,024 01 Apr 2026 Direct
Tongbo Liu STG Common stock 0 513,117 01 Apr 2026 Direct
Li Hangyu STG Common stock 0 6,231 01 Apr 2026 Direct
Gao Jing STG Common stock 0 60,383 01 Apr 2026 Direct
* marks a reported price that did not pass the local price check.
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