EHANG HLDGS LTD EH
ADS · ADR · CUSIP 26853E102 · ISIN US26853E1029
Company that develops and manufactures UAVs and PAVs
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $13.58. Options: 12 managers hold calls ($11.9m notional), 12 hold puts ($83.8m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 49 |
| Q1 2023 | 46 |
| Q2 2023 | 52 |
| Q3 2023 | 63 |
| Q4 2023 | 62 |
| Q1 2024 | 57 |
| Q2 2024 | 63 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 26 | 17 |
| Q1 2023 | 16 | 26 |
| Q2 2023 | 35 | 14 |
| Q3 2023 | 39 | 26 |
| Q4 2023 | 31 | 37 |
| Q1 2024 | 33 | 32 |
| Q2 2024 | 36 | 30 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $10.4m | $6.9m | 0.66 |
| Q4 2023 | $17.3m | $22.0m | 1.27 |
| Q1 2024 | $21.5m | $73.1m | 3.40 |
| Q2 2024 | $11.9m | $83.8m | 7.05 |
Biggest buyers
| GROUP ONE TRADING LLC | Added | +1.3m |
| Axim Planning & Wealth | Added | +520.7k |
| Walleye Trading LLC | New | +258.4k |
| CITADEL ADVISORS LLC | Added | +128.1k |
| KADENSA CAPITAL Ltd | New | +119.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +95.7k |
| BlackRock Inc. | New | +92.0k |
| IMC-Chicago, LLC | Added | +82.5k |
| CAPITAL FUND MANAGEMENT S.A. | New | +66.7k |
| GTS SECURITIES LLC | Added | +66.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -250.7k |
| NOMURA HOLDINGS INC | Reduced | -145.4k |
| Sculptor Capital LP | Sold out | -103.9k |
| LANSDOWNE PARTNERS (UK) LLP | Sold out | -92.2k |
| JANE STREET GROUP, LLC | Reduced | -46.1k |
| STATE STREET CORP | Reduced | -32.2k |
| Quantum Portfolio Management LLC | Sold out | -28.6k |
| VANGUARD GROUP INC | Reduced | -26.7k |
| Schonfeld Strategic Advisors LLC | Sold out | -24.9k |
| BARCLAYS PLC | Reduced | -23.1k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $4.3m320.1k shares |
| GROUP ONE TRADING LLC | Reduced | $1.9m138.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m120.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $861.0k63.4k shares |
| Squarepoint Ops LLC | New | $755.0k55.6k shares |
| IMC-Chicago, LLC | Reduced | $749.6k55.2k shares |
| WOLVERINE TRADING, LLC | Added | $685.8k50.5k shares |
| CITADEL ADVISORS LLC | Reduced | $384.3k28.3k shares |
| GTS SECURITIES LLC | New | $353.1k26.0k shares |
| Walleye Capital LLC | Reduced | $173.8k12.8k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $36.8m2.7m shares |
| JANE STREET GROUP, LLC | Added | $18.2m1.3m shares |
| Walleye Trading LLC | Added | $9.8m718.8k shares |
| CITADEL ADVISORS LLC | Added | $5.0m370.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.1m302.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.7m273.2k shares |
| GTS SECURITIES LLC | New | $3.3m240.3k shares |
| IMC-Chicago, LLC | Added | $2.0m144.0k shares |
| WOLVERINE TRADING, LLC | Added | $536.4k39.5k shares |
| Squarepoint Ops LLC | New | $418.3k30.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FIL Ltd 13G · institution new · filed 2026-08-06 | 7.4% |
| Axim Planning & Wealth 13G · institution -1.9 pts · filed 2026-08-13 | 5.3% |
Fell to 5% or below in the last year: SUSQUEHANNA SECURITIES, LLC (4.0%, 2026-08-14)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Axim Planning & Wealth 76.35% of their portfolio | 4.7m $63.7m | Added +520.7k |
| Carmignac Gestion 0.44% of their portfolio | 1.9m $25.6m | Added +52.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.5m $20.9m | Reduced -26.7k |
| GROUP ONE TRADING LLC 0.62% of their portfolio | 1.4m $19.5m | Added +1.3m |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $17.4m | Reduced -32.2k |
| Walleye Trading LLC 0.07% of their portfolio | 258.4k $3.5m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 221.7k $3.0m | Added +128.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 174.5k $2.4m | Added +95.7k |
| GTS SECURITIES LLC 0.04% of their portfolio | 143.8k $2.0m | Added +66.1k |
| KADENSA CAPITAL Ltd 0.38% of their portfolio | 119.1k $1.6m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 114.7k $1.6m | Added +53.6k |
| IMC-Chicago, LLC 0.05% of their portfolio | 103.4k $1.4m | Added +82.5k |
| MORGAN STANLEY 0.00% of their portfolio | 102.2k $1.4m | Reduced -250.7k |
| BlackRock Inc. 0.00% of their portfolio | 92.0k $1.2m | New |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 88.3k $1.2m | Added +3.3k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 84.1k $1.1m | Added +35.7k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 79.5k $1.1m | Reduced -145.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 75.8k $1.0m | Reduced -46.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 72.9k $989.9k | Added +33.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 66.7k $906.3k | New |
| Baader Bank Aktiengesellschaft 0.07% of their portfolio | 65.0k $882.7k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 62.4k $847.1k | Added +39.7k |
| California Public Employees Retirement System 0.00% of their portfolio | 62.3k $846.2k | Reduced -9.8k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 50.9k $690.6k | Reduced -5.8k |
| Engineers Gate Manager LP 0.01% of their portfolio | 43.8k $595.3k | New |
| DNB Asset Management AS 0.00% of their portfolio | 41.0k $556.7k | Added +8.2k |
| SteelPeak Wealth, LLC 0.03% of their portfolio | 39.3k $533.8k | Reduced -2.1k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 38.4k $521.7k | Reduced -3.8k |
| Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio | 37.5k $509.5k | Added +4.4k |
| Invesco Ltd. 0.00% of their portfolio | 33.5k $454.8k | Reduced -747 |
| XTX Topco Ltd 0.03% of their portfolio | 28.2k $383.3k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 26.9k $365.6k | Added +3.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 26.1k $354.4k | Added +2.4k |
| UBS Group AG 0.00% of their portfolio | 25.8k $351.0k | Reduced -2.6k |
| Virtu Financial LLC 0.02% of their portfolio | 24.8k $337.0k | New |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 24.3k $329.7k | Reduced -1.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 24.2k $329.0k | Reduced -2.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 23.0k $312.4k | New |
| CITIGROUP INC 0.00% of their portfolio | 18.3k $248.5k | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 11.9k $161.6k | New |
| Harbour Capital Advisors, LLC 0.04% of their portfolio | 10.6k $149.0k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 10.4k $141.5k | Reduced -16.7k |
| Headlands Technologies LLC 0.01% of their portfolio | 8.7k $117.5k | Reduced -2.4k |
| Quantbot Technologies LP 0.00% of their portfolio | 5.2k $71.3k | Added +4.6k |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 4.5k $60.0k | Reduced -48 |
| US BANCORP \DE\ 0.00% of their portfolio | 3.4k $46.5k | Added +1.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.0k $40.4k | Reduced -180 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.0k $26.0k | Reduced -6.7k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 1.8k $25.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 1.2k $16.9k | Unchanged |
| Itau Unibanco Holding S.A. 0.00% of their portfolio | 1.1k $14.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 700 $9.5k | Added +448 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 546 $7.4k | Reduced -12.5k |
| Turim 21 Investimentos Ltda. 0.00% of their portfolio | 501 $6.8k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 487 $6.6k | Reduced -23.1k |
| IFP Advisors, Inc 0.00% of their portfolio | 100 $1.4k | New |
| CWM, LLC 0.00% of their portfolio | 70 $1.0k | Unchanged |
| TSFG, LLC 0.00% of their portfolio | 40 $1.0k | Unchanged |
| SWAN Capital LLC 0.00% of their portfolio | 40 $543 | New |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 25 $340 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 25 $340 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1 $14 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |