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Qudian Inc. (QD)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Citigroup IncCALL	3,590,100	$7,323,804	0%
2.	Group One Trading, L.p.CALL	3,028,100	$6,177,324	0.01%
3.	Goldman Sachs Group Inc	1,842,787	$3,759,285	0%
4.	Morgan Stanley	1,517,214	$3,095,117	0%
5.	Taikang Asset Management (hong Kong) Co Ltd	1,300,000	$2,652,000	0.5%