STOCK TITAN

Norges Bank holds 17.6M BILIBILI INC. (NASDAQ: BILI) shares — 5.17%

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Norges Bank reported beneficial ownership of 17,636,289 Class Z Ordinary Shares of BILIBILI INC., representing 5.1699% of that class as of 03/31/2026. The filing states Norges Bank has sole voting power over 17,636,289 shares and sole dispositive power over 4,036,289 shares, with shared dispositive power of 13,600,000. The filing notes certain shares are held on behalf of the Government of Norway and includes an undertaking to furnish additional Schedule 13D information if requested by staff.

Positive

  • None.

Negative

  • None.

Insights

Norges Bank holds a >5% passive stake in BILIBILI, voting authority concentrated with the manager.

The Schedule 13G shows 17,636,289 shares or 5.1699% of Class Z Ordinary Shares as of 03/31/2026. Reported powers: sole voting power on the full stake, split dispositive powers between sole (4,036,289) and shared (13,600,000) control.

Ownership is reported as investment-management activity with some shares invested on behalf of the Government of Norway. Timing and further disclosure obligations are conditional on staff requests; subsequent filings would disclose any change in purpose or control.

Shares beneficially owned 17,636,289 shares Class Z Ordinary Shares as of 03/31/2026
Percent of class 5.1699% Percent of Class Z Ordinary Shares as of 03/31/2026
Sole voting power 17,636,289 shares Sole power to vote or direct vote
Sole dispositive power 4,036,289 shares Sole power to dispose or direct disposition
Shared dispositive power 13,600,000 shares Shared power to dispose or direct disposition
ADRs representing shares 11,397 ADRs 11,397 Class Z Ordinary Shares held in ADR form
Schedule 13G regulatory
"Name of form used to report passive beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Amount beneficially owned: 17636289"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 4036289"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Adviser financial
"Title of filing person listed as Investment Adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.





090040106

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: 11,397 Class Z Ordinary Shares held in the form of 11,397 ADRs


SCHEDULE 13G



Norges Bank
Signature:Stanislav Boiadjiev
Name/Title:Business and Regulatory Compliance
Date:04/28/2026

FAQ

What stake does Norges Bank hold in BILIBILI INC. (BILI)?

Norges Bank reported beneficial ownership of 17,636,289 shares, equal to 5.1699% of Class Z Ordinary Shares as of 03/31/2026. The filing identifies the reporting person as an investment adviser managing assets including some for the Government of Norway.

How much voting and dispositive power does Norges Bank report for BILI shares?

The filing states Norges Bank has sole voting power for all 17,636,289 shares, sole dispositive power for 4,036,289 shares, and shared dispositive power for 13,600,000 shares, as reported in the Schedule 13G.

Is Norges Bank reporting these BILI shares on behalf of another party?

Yes. The Schedule 13G notes that certain shares are invested on behalf of the Government of Norway. The filing also offers to furnish Schedule 13D information to staff if requested, indicating passive investment-management reporting.

Does this Schedule 13G indicate active intent to influence BILIBILI management?

The filing characterizes the position as investment-management activity and does not state an intent to influence control. It reports voting and dispositive powers but does not assert a change in purpose; any change would require subsequent disclosure.