Vault-13

HESAI GROUP HSAI

SPONSORED ADS · ADR · CUSIP 428050108 · ISIN US4280501085

Chinese lidar company

92 institutional holders +24 vs Q4 2024
42,564,04242.6m shares reported held*
$628.3mreported value*
39 new 26 added 22 reduced 15 sold out net bought ≈ $140.4m (+9.9m shares)

* 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.63. Options: 14 managers hold calls ($24.4m notional), 12 hold puts ($17.3m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q1 23: 44Q2 23: 36Q3 23: 35Q4 23: 46Q1 24: 47Q2 24: 46Q3 24: 39Q4 24: 68Q1 25: 9292Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q1 202344
Q2 202336
Q3 202335
Q4 202346
Q1 202447
Q2 202446
Q3 202439
Q4 202468
Q1 202592

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 23: 19 bought or addedQ2 23: 25 cut or sold outQ3 23: 15 bought or addedQ3 23: 21 cut or sold outQ3 23Q4 23: 28 bought or addedQ4 23: 13 cut or sold outQ1 24: 24 bought or addedQ1 24: 27 cut or sold outQ1 24Q2 24: 24 bought or addedQ2 24: 21 cut or sold outQ3 24: 14 bought or addedQ3 24: 24 cut or sold outQ3 24Q4 24: 43 bought or addedQ4 24: 17 cut or sold outQ1 25: 65 bought or addedQ1 25: 37 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231925
Q3 20231521
Q4 20232813
Q1 20242427
Q2 20242421
Q3 20241424
Q4 20244317
Q1 20256537

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ2 24 calls: $820.6kQ2 24 puts: $265.5kQ2 24P/C 0.32Q3 24 calls: $2.1mQ3 24 puts: $442.2kQ3 24P/C 0.21Q4 24 calls: $7.4mQ4 24 puts: $7.5mQ4 24P/C 1.02Q1 25 calls: $24.4mQ1 25 puts: $17.3mQ1 25P/C 0.71
Numbers
QuarterCallsPutsP/C
Q2 2024$820.6k$265.5k0.32
Q3 2024$2.1m$442.2k0.21
Q4 2024$7.4m$7.5m1.02
Q1 2025$24.4m$17.3m0.71

Biggest buyers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +3,756,800+3.8m
D. E. Shaw & Co., Inc. Added +3,674,923+3.7m
CITIGROUP INC Added +2,570,347+2.6m
JPMORGAN CHASE & CO Added +1,841,683+1.8m
MORGAN STANLEY Added +1,841,320+1.8m
VANGUARD GROUP INC New +1,756,523+1.8m
Oxbow Capital Management (HK) Ltd New +1,600,000+1.6m
TWO SIGMA INVESTMENTS, LP Added +1,207,996+1.2m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +1,154,479+1.2m
Allianz Asset Management GmbH New +1,128,096+1.1m

Biggest sellers

LIGHTSPEED MANAGEMENT COMPANY, L.L.C. Sold out -8,000,000-8.0m
Robert Bosch GmbH Sold out -7,653,252-7.7m
FIL Ltd Reduced -956,159-956.2k
HarbourVest Partners LLC Sold out -606,061-606.1k
Jump Financial, LLC Reduced -296,661-296.7k
MARSHALL WACE, LLP Sold out -267,508-267.5k
MILLENNIUM MANAGEMENT LLC Reduced -177,548-177.5k
BlackRock, Inc. Reduced -120,828-120.8k
Main Management ETF Advisors, LLC Reduced -119,572-119.6k
JANE STREET GROUP, LLC Sold out -118,410-118.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.9m532.8k shares
GROUP ONE TRADING LLC Added $4.3m292.2k shares
JANE STREET GROUP, LLC Added $2.6m176.8k shares
CITADEL ADVISORS LLC Added $2.4m159.8k shares
MILLENNIUM MANAGEMENT LLC New $1.9m125.0k shares
SIMPLEX TRADING, LLC Added $1.4m94.0k shares
Cubist Systematic Strategies, LLC New $1.2m77.8k shares
WOLVERINE TRADING, LLC Added $1.1m69.9k shares
Belvedere Trading LLC New $689.7k46.6k shares
IMC-Chicago, LLC Added $315.2k21.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $6.0m405.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.8m391.1k shares
GROUP ONE TRADING LLC Added $1.7m113.5k shares
SIMPLEX TRADING, LLC Added $1.6m106.8k shares
JANE STREET GROUP, LLC New $861.4k58.2k shares
WOLVERINE TRADING, LLC Added $547.2k36.0k shares
Cubist Systematic Strategies, LLC New $438.1k29.6k shares
Ionic Capital Management LLC New $222.0k15.0k shares
Belvedere Trading LLC New $96.2k6.5k shares
Walleye Trading LLC New $59.2k4.0k 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.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution new · filed 2025-08-06 5.2% new 5.4m 2025-08-06

Fell to 5% or below in the last year: Ayrton Capital LLC (0.0%, 2026-08-13)

Insider purchases and sales in Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 4,345,3234.3m $64.3m $64.3m 0.08% Added +3.7m +3,674,923
2 FIL Ltd 0.06% of their portfolio HAMILTON, D0 3,917,7753.9m $58.0m $58.0m 0.06% Reduced -956.2k -956,159
3 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio TORONTO, A6 3,756,8003.8m $55.6m $55.6m 0.12% New
4 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 2,774,5362.8m $41.1m $41.1m 0.03% Added +2.6m +2,570,347
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,180,0242.2m $32.3m $32.3m 0.00% Added +1.8m +1,841,320
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,949,7661.9m $28.9m $28.9m 0.00% Added +1.8m +1,841,683
7 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio JUPITER, FL 1,841,5771.8m $27.3m $27.3m 0.10% Added +1.2m +1,154,479
8 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,756,5231.8m $26.0m $26.0m 0.00% New
9 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 1,720,5621.7m $25.5m $25.5m 0.06% Added +1.2m +1,207,996
10 Oxbow Capital Management (HK) Ltd 7.44% of their portfolio HONG KONG, K3 1,600,0001.6m $23.7m $23.7m 7.44% New
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,239,6251.2m $18.3m $18.3m 0.00% Added +961.5k +961,493
12 Polunin Capital Partners Ltd 3.15% of their portfolio LONDON, X0 1,180,2421.2m $15.6m $15.6m 3.15% Reduced -30.6k -30,575
13 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 1,128,0961.1m $16.7m $16.7m 0.02% New
14 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio CAUSEWAY BAY, K3 1,127,7831.1m $16.7m $16.7m 0.04% Reduced -21.8k -21,807
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,058,3101.1m $15.7m $15.7m 0.00% Added +891.9k +891,852
16 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 927,205927.2k $13.7m $13.7m 0.01% Added +88.9k +88,852
17 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 888,732888.7k $13.2m $13.2m 0.01% Reduced -177.5k -177,548
18 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 883,300883.3k $13.1m $13.1m 0.03% Added +760.1k +760,100
19 Greenwoods Asset Management Hong Kong Ltd. 0.34% of their portfolio HONG KONG, K3 748,553748.6k $11.1m $11.1m 0.34% New
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 669,822669.8k $9.9m $9.9m 0.00% Added +404.3k +404,269
21 NORGES BANK 0.00% of their portfolio OSLO, Q8 462,411462.4k $6.8m $6.8m 0.00% New
22 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 421,100421.1k $6.2m $6.2m 0.01% New
23 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 413,041413.0k $291.5k $291.5k 0.00% Added +397.8k +397,805
24 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 391,539391.5k $5.8m $5.8m 0.00% Added +5.6k +5,597
25 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 356,665356.7k $5.3m $5.3m 0.04% Added +233.3k +233,265
26 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 321,186321.2k $4.8m $4.8m 0.00% Reduced -22.0k -22,028
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 317,647317.6k $4.7m $4.7m 0.00% Reduced -31.1k -31,131
28 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 305,547305.5k $4.5m $4.5m 0.01% New
29 GF FUND MANAGEMENT CO. LTD. 0.10% of their portfolio GUANGZHOU, F4 294,750294.8k $4.4m $4.4m 0.10% Added +119.8k +119,750
30 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 251,700251.7k $3.7m $3.7m 0.01% Added +241.7k +241,700
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 235,004235.0k $3.5m $3.5m 0.00% First filing
32 MY.Alpha Management HK Advisors Ltd 1.72% of their portfolio HONG KONG, K3 233,247233.2k $3.5m $3.5m 1.72% New
33 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 208,141208.1k $3.1m $3.1m 0.05% Reduced -296.7k -296,661
34 Knollwood Investment Advisory, LLC 0.33% of their portfolio HUNT VALLEY, MD 202,192202.2k $3.0m $3.0m 0.33% Reduced -25.0k -25,000
35 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 200,793200.8k $3.0m $3.0m 0.02% New
36 Independent Advisor Alliance 0.10% of their portfolio CHARLOTTE, NC 195,290195.3k $2.9m $2.9m 0.10% New
37 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 187,951188.0k $2.8m $2.8m 0.01% New
38 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 165,549165.5k $2.5m $2.5m 0.01% Reduced -48.0k -47,974
39 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 157,000157.0k $2.3m $2.3m 0.01% New
40 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 149,025149.0k $2.2m $2.2m 0.03% Added +28.4k +28,368
41 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 134,957135.0k $2.0m $2.0m 0.03% New
42 J. Safra Sarasin Holding AG 0.03% of their portfolio BASEL, V8 130,056130.1k $1.9m $1.9m 0.03% New
43 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 112,276112.3k $1.7m $1.7m 0.00% Added +107.4k +107,432
44 Quadrature Capital Ltd 0.04% of their portfolio LONDON, X0 111,247111.2k $1.6m $1.6m 0.04% Added +49.5k +49,531
45 Pinpoint Asset Management Ltd 0.25% of their portfolio HONG KONG, K3 97,49397.5k $1.4m $1.4m 0.25% Added +97.1k +97,058
46 BlackRock, Inc. 0.00% of their portfolio New York, NY 96,19996.2k $1.4m $1.4m 0.00% Reduced -120.8k -120,828
47 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 84,13084.1k $1.2m $1.2m 0.01% Reduced -41.6k -41,568
48 Polymer Capital Management (HK) LTD 0.21% of their portfolio HONG KONG, K3 81,54181.5k $1.2m $1.2m 0.21% New
49 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 78,60678.6k $1.2m $1.2m 0.01% New
50 Electron Capital Partners, LLC 0.07% of their portfolio NEW YORK, NY 63,91163.9k $945.9k $945.9k 0.07% New
51 NAVELLIER & ASSOCIATES INC 0.16% of their portfolio Reno, NV 63,51863.5k $1.1m $1.1m 0.16% New
52 China Universal Asset Management Co., Ltd. 0.09% of their portfolio SHANGHAI, F4 63,00063.0k $932.4k $932.4k 0.09% Added +19.0k +19,000
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 62,19862.2k $920.5k $920.5k 0.00% Reduced -49.7k -49,663
54 Main Management ETF Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 61,27661.3k $907.0k $907.0k 0.04% Reduced -119.6k -119,572
55 DIKER MANAGEMENT LLC 1.06% of their portfolio New York, NY 59,80359.8k $885.1k $885.1k 1.06% Reduced -30.0k -30,000
56 Virtu Financial LLC 0.05% of their portfolio New York, NY 59,48859.5k $880.0k $880.0k 0.05% New
57 HITE Hedge Asset Management LLC 0.05% of their portfolio BRAINTREE, MA 56,74056.7k $839.8k $839.8k 0.05% New
58 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 51,47251.5k $761.8k $761.8k 0.00% Added +27.8k +27,829
59 DNCA FINANCE 0.06% of their portfolio PARIS, I0 50,00050.0k $740.0k $740.0k 0.06% New
60 Point72 Asia (Singapore) Pte. Ltd. 0.17% of their portfolio SINGAPORE, U0 44,07344.1k $652.3k $652.3k 0.17% Reduced -47.6k -47,626
61 Man Group plc 0.00% of their portfolio LONDON, X0 43,60043.6k $645.3k $645.3k 0.00% New
62 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 38,59538.6k $571.0k $571.0k 0.02% Reduced -4.9k -4,889
63 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 35,76835.8k $529.4k $529.4k 0.00% Reduced -11.9k -11,932
64 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 30,55530.6k $452.2k $452.2k 0.01% Reduced -16.6k -16,558
65 Centiva Capital, LP 0.02% of their portfolio New York, NY 28,16628.2k $416.9k $416.9k 0.02% New
66 OBERWEIS ASSET MANAGEMENT INC/ 0.02% of their portfolio LISLE, IL 28,00028.0k $414.4k $414.4k 0.02% Unchanged
67 Perpetual Ltd 0.00% of their portfolio SYDNEY, NEW SOUTH WALES, C3 25,29025.3k $374.3k $374.3k 0.00% New
68 Caitong International Asset Management Co., Ltd 0.25% of their portfolio HONG KONG, K3 22,92122.9k $339.2k $339.2k 0.25% Added +22.8k +22,801
69 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 22,81422.8k $338.0k $338.0k 0.00% New
70 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 21,05421.1k $311.6k $311.6k 0.01% New
71 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 18,76618.8k $277.7k $277.7k 0.00% New
72 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 18,38518.4k $272.1k $272.1k 0.01% New
73 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 15,91115.9k $241.8k $241.8k 0.01% Reduced -44.5k -44,476
74 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 15,24715.2k $225.7k $225.7k 0.00% New
75 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 12,84712.8k $190.1k $190.1k 0.02% New
76 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 12,19712.2k $180.5k $180.5k 0.00% New
77 Bayesian Capital Management, LP 0.03% of their portfolio Brooklyn, NY 10,36310.4k $153.4k $153.4k 0.03% New
78 Sovereign Financial Group, Inc. 0.03% of their portfolio STAMFORD, CT 10,00110.0k $148.0k $148.0k 0.03% New
79 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 9,8409.8k $149.6k $149.6k 0.00% New
80 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 8,0898.1k $119.7k $119.7k 0.00% New
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 3,8873.9k $57.5k $57.5k 0.00% Reduced -3.5k -3,480
82 JTC Employer Solutions Trustee Ltd 0.00% of their portfolio ST HELIER, Y9 2,8632.9k $52.0k $52.0k 0.00% New
83 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2,1502.1k $31.8k $31.8k 0.00% Added +1.2k +1,249
84 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0891.1k $16.1k $16.1k 0.00% Added +1.1k +1,075
85 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 485485 $7.2k $7.2k 0.00% Reduced -68 -68
86 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 381381 $5.6k $5.6k 0.00% Reduced -788 -788
87 Brooklyn Investment Group 0.00% of their portfolio NEW YORK, NY 120120 $1.8k $1.8k 0.00% Added +30 +30
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 100100 $1.5k $1.5k 0.00% New
89 Bell Investment Advisors, Inc 0.00% of their portfolio ORINDA, CA 9494 $1.4k $1.4k 0.00% Unchanged
90 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4343 $1.0k $1.0k 0.00% New
91 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1616 $279 $279 0.00% Unchanged
92 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged