Greenland Technologies Holding Corporation (GTEC) reported second-quarter 2026 revenue of $29.88 million, up 37.6% from $21.72 million a year earlier. Net income was $4.94 million, compared with a net loss of $2.76 million in the prior-year quarter.
Basic and diluted earnings per share were $0.13, versus a loss per share of $0.20 a year earlier. The company reported first-half revenue of $55.42 million and net income of $10.69 million.
- Q2 gross profit rose 65.9% to $9.54 million; gross margin expanded to 31.9% from 26.5%.
- Q2 operating income was $5.98 million, compared with an operating loss of $2.32 million a year earlier.
- Transmission-product sales volume increased 24.1% to 53,243 sets during the quarter.
- Cash and cash equivalents totaled $8.98 million as of June 30, 2026.
$GTEC Hedge Fund Activity
We have seen 4 institutional investors add shares of $GTEC stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 79,692 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $55,688
- XTX TOPCO LTD removed 35,254 shares (-75.4%) from their portfolio in Q1 2026, for an estimated $24,635
- JANE STREET GROUP, LLC added 34,906 shares (+inf%) to their portfolio in Q1 2026, for an estimated $24,392
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 30,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $20,964
- VIRTU FINANCIAL LLC removed 23,977 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $16,755
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 21,195 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,811
- TWO SIGMA SECURITIES, LLC removed 15,463 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,805
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
