HESAI GROUP HSAI
SPONSORED ADS · ADR · CUSIP 428050108 · ISIN US4280501085
Chinese lidar company
- SectorIndustrials
- IndustryGeneral Industrial Machinery & Equipment, NEC
- HeadquartersShanghai, People's Republic of China
- Websitehesaitech.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q1 2023 | 44 |
| Q2 2023 | 36 |
| Q3 2023 | 35 |
| Q4 2023 | 46 |
| Q1 2024 | 47 |
| Q2 2024 | 46 |
| Q3 2024 | 39 |
| Q4 2024 | 68 |
| Q1 2025 | 92 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 19 | 25 |
| Q3 2023 | 15 | 21 |
| Q4 2023 | 28 | 13 |
| Q1 2024 | 24 | 27 |
| Q2 2024 | 24 | 21 |
| Q3 2024 | 14 | 24 |
| Q4 2024 | 43 | 17 |
| Q1 2025 | 65 | 37 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $820.6k | $265.5k | 0.32 |
| Q3 2024 | $2.1m | $442.2k | 0.21 |
| Q4 2024 | $7.4m | $7.5m | 1.02 |
| Q1 2025 | $24.4m | $17.3m | 0.71 |
Biggest buyers
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +3.8m |
| D. E. Shaw & Co., Inc. | Added | +3.7m |
| CITIGROUP INC | Added | +2.6m |
| JPMORGAN CHASE & CO | Added | +1.8m |
| MORGAN STANLEY | Added | +1.8m |
| VANGUARD GROUP INC | New | +1.8m |
| Oxbow Capital Management (HK) Ltd | New | +1.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +1.2m |
| Allianz Asset Management GmbH | New | +1.1m |
Biggest sellers
| LIGHTSPEED MANAGEMENT COMPANY, L.L.C. | Sold out | -8.0m |
| Robert Bosch GmbH | Sold out | -7.7m |
| FIL Ltd | Reduced | -956.2k |
| HarbourVest Partners LLC | Sold out | -606.1k |
| Jump Financial, LLC | Reduced | -296.7k |
| MARSHALL WACE, LLP | Sold out | -267.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -177.5k |
| BlackRock, Inc. | Reduced | -120.8k |
| Main Management ETF Advisors, LLC | Reduced | -119.6k |
| JANE STREET GROUP, LLC | Sold out | -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.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution new · filed 2025-08-06 | 5.2% |
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
| Manager | Shares | Change |
|---|---|---|
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 4.3m $64.3m | Added +3.7m |
| FIL Ltd 0.06% of their portfolio | 3.9m $58.0m | Reduced -956.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio | 3.8m $55.6m | New |
| CITIGROUP INC 0.03% of their portfolio | 2.8m $41.1m | Added +2.6m |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $32.3m | Added +1.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $28.9m | Added +1.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 1.8m $27.3m | Added +1.2m |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.8m $26.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 1.7m $25.5m | Added +1.2m |
| Oxbow Capital Management (HK) Ltd 7.44% of their portfolio | 1.6m $23.7m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $18.3m | Added +961.5k |
| Polunin Capital Partners Ltd 3.15% of their portfolio | 1.2m $15.6m | Reduced -30.6k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 1.1m $16.7m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.1m $16.7m | Reduced -21.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $15.7m | Added +891.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 927.2k $13.7m | Added +88.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 888.7k $13.2m | Reduced -177.5k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 883.3k $13.1m | Added +760.1k |
| Greenwoods Asset Management Hong Kong Ltd. 0.34% of their portfolio | 748.6k $11.1m | New |
| UBS Group AG 0.00% of their portfolio | 669.8k $9.9m | Added +404.3k |
| NORGES BANK 0.00% of their portfolio | 462.4k $6.8m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 421.1k $6.2m | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 413.0k $291.5k | Added +397.8k |
| STATE STREET CORP 0.00% of their portfolio | 391.5k $5.8m | Added +5.6k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 356.7k $5.3m | Added +233.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 321.2k $4.8m | Reduced -22.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 317.6k $4.7m | Reduced -31.1k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 305.5k $4.5m | New |
| GF FUND MANAGEMENT CO. LTD. 0.10% of their portfolio | 294.8k $4.4m | Added +119.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 251.7k $3.7m | Added +241.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 235.0k $3.5m | First filing |
| MY.Alpha Management HK Advisors Ltd 1.72% of their portfolio | 233.2k $3.5m | New |
| Jump Financial, LLC 0.05% of their portfolio | 208.1k $3.1m | Reduced -296.7k |
| Knollwood Investment Advisory, LLC 0.33% of their portfolio | 202.2k $3.0m | Reduced -25.0k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 200.8k $3.0m | New |
| Independent Advisor Alliance 0.10% of their portfolio | 195.3k $2.9m | New |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 188.0k $2.8m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 165.5k $2.5m | Reduced -48.0k |
| Candriam S.C.A. 0.01% of their portfolio | 157.0k $2.3m | New |
| Trexquant Investment LP 0.03% of their portfolio | 149.0k $2.2m | Added +28.4k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 135.0k $2.0m | New |
| J. Safra Sarasin Holding AG 0.03% of their portfolio | 130.1k $1.9m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 112.3k $1.7m | Added +107.4k |
| Quadrature Capital Ltd 0.04% of their portfolio | 111.2k $1.6m | Added +49.5k |
| Pinpoint Asset Management Ltd 0.25% of their portfolio | 97.5k $1.4m | Added +97.1k |
| BlackRock, Inc. 0.00% of their portfolio | 96.2k $1.4m | Reduced -120.8k |
| Walleye Capital LLC 0.01% of their portfolio | 84.1k $1.2m | Reduced -41.6k |
| Polymer Capital Management (HK) LTD 0.21% of their portfolio | 81.5k $1.2m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 78.6k $1.2m | New |
| Electron Capital Partners, LLC 0.07% of their portfolio | 63.9k $945.9k | New |
| NAVELLIER & ASSOCIATES INC 0.16% of their portfolio | 63.5k $1.1m | New |
| China Universal Asset Management Co., Ltd. 0.09% of their portfolio | 63.0k $932.4k | Added +19.0k |
| BARCLAYS PLC 0.00% of their portfolio | 62.2k $920.5k | Reduced -49.7k |
| Main Management ETF Advisors, LLC 0.04% of their portfolio | 61.3k $907.0k | Reduced -119.6k |
| DIKER MANAGEMENT LLC 1.06% of their portfolio | 59.8k $885.1k | Reduced -30.0k |
| Virtu Financial LLC 0.05% of their portfolio | 59.5k $880.0k | New |
| HITE Hedge Asset Management LLC 0.05% of their portfolio | 56.7k $839.8k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 51.5k $761.8k | Added +27.8k |
| DNCA FINANCE 0.06% of their portfolio | 50.0k $740.0k | New |
| Point72 Asia (Singapore) Pte. Ltd. 0.17% of their portfolio | 44.1k $652.3k | Reduced -47.6k |
| Man Group plc 0.00% of their portfolio | 43.6k $645.3k | New |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 38.6k $571.0k | Reduced -4.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 35.8k $529.4k | Reduced -11.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 30.6k $452.2k | Reduced -16.6k |
| Centiva Capital, LP 0.02% of their portfolio | 28.2k $416.9k | New |
| OBERWEIS ASSET MANAGEMENT INC/ 0.02% of their portfolio | 28.0k $414.4k | Unchanged |
| Perpetual Ltd 0.00% of their portfolio | 25.3k $374.3k | New |
| Caitong International Asset Management Co., Ltd 0.25% of their portfolio | 22.9k $339.2k | Added +22.8k |
| SG Americas Securities, LLC 0.00% of their portfolio | 22.8k $338.0k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 21.1k $311.6k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 18.8k $277.7k | New |
| Quantbot Technologies LP 0.01% of their portfolio | 18.4k $272.1k | New |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 15.9k $241.8k | Reduced -44.5k |
| Advisors Asset Management, Inc. 0.00% of their portfolio | 15.2k $225.7k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 12.8k $190.1k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 12.2k $180.5k | New |
| Bayesian Capital Management, LP 0.03% of their portfolio | 10.4k $153.4k | New |
| Sovereign Financial Group, Inc. 0.03% of their portfolio | 10.0k $148.0k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 9.8k $149.6k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 8.1k $119.7k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 3.9k $57.5k | Reduced -3.5k |
| JTC Employer Solutions Trustee Ltd 0.00% of their portfolio | 2.9k $52.0k | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 2.1k $31.8k | Added +1.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.1k $16.1k | Added +1.1k |
| Headlands Technologies LLC 0.00% of their portfolio | 485 $7.2k | Reduced -68 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 381 $5.6k | Reduced -788 |
| Brooklyn Investment Group 0.00% of their portfolio | 120 $1.8k | Added +30 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 100 $1.5k | New |
| Bell Investment Advisors, Inc 0.00% of their portfolio | 94 $1.4k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 43 $1.0k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 16 $279 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |