KE Holdings Inc.
boothcheck covers KE Holdings Inc. (BEKE) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• KE Holdings runs China's largest housing transaction platform through an agent cooperation network that standardises listings and splits commissions between the agent who lists a home and the agent who sells it, and the FY2025 20-F describes authentic property listing as the foundation of that cooperation. • The core is shrinking rather than compounding: commission revenue fell 13.5% to RMB20.0 billion in 2025 from RMB23.1 billion in 2024 per the 20-F, and gross transaction value in the first
Is BEKE overvalued? See what's priced in →
191 institutional managers reported holding BEKE in 13F filings for the quarter ended 2026-03-31. Together they hold about 4% of the company; the top 10 hold 2%. 21 opened new positions that quarter. Held by Vanguard Group, T. Rowe Price, Wellington Management, among others. On the short side, 23.9M shares were sold short as of the 2026-06-15 count, about 0.7% of shares outstanding (5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BEKE has cut its share count 6.3% over the past five years, spending $2.56B on repurchases. It pays a dividend, and has for 3 years running, raised 2 years straight. Cash returned over the past three years: $1.00B in dividends and $2.37B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.