Vault-13

HESAI GROUP HSAI

SPONSORED ADS · ADR · CUSIP 428050108 · ISIN US4280501085

Chinese lidar company

130 institutional holders -3 vs Q1 2026
36,542,58436.5m shares reported held*
$646.2mreported value*
29 new 53 added 31 reduced 34 sold out net sold ≈ $108.7m (-5.8m 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 ($10.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.69. Options: 13 managers hold calls ($33.6m notional), 9 hold puts ($18.1m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q1 23: 44Q2 23: 36Q3 23: 35Q4 23: 46Q1 24: 47Q2 24: 46Q3 24: 39Q4 24: 68Q1 25: 92Q2 25: 105Q3 25: 134Q4 25: 131Q1 26: 133Q2 26: 130130Q1 23Q4 23Q3 24Q2 25Q2 26
Numbers
QuarterHolders
Q1 202344
Q2 202336
Q3 202335
Q4 202346
Q1 202447
Q2 202446
Q3 202439
Q4 202468
Q1 202592
Q2 2025105
Q3 2025134
Q4 2025131
Q1 2026133
Q2 2026130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 14 bought or addedQ3 24: 24 cut or sold outQ4 24: 43 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 65 bought or addedQ1 25: 37 cut or sold outQ2 25: 62 bought or addedQ2 25: 58 cut or sold outQ2 25Q3 25: 95 bought or addedQ3 25: 58 cut or sold outQ4 25: 76 bought or addedQ4 25: 77 cut or sold outQ4 25Q1 26: 72 bought or addedQ1 26: 70 cut or sold outQ2 26: 82 bought or addedQ2 26: 65 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241424
Q4 20244317
Q1 20256537
Q2 20256258
Q3 20259558
Q4 20257677
Q1 20267270
Q2 20268265

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 25 calls: $45.1mQ3 25 puts: $33.7mQ3 25P/C 0.75Q4 25 calls: $38.7mQ4 25 puts: $28.4mQ4 25P/C 0.73Q1 26 calls: $28.7mQ1 26 puts: $24.9mQ1 26P/C 0.87Q2 26 calls: $33.6mQ2 26 puts: $18.1mQ2 26P/C 0.54
Numbers
QuarterCallsPutsP/C
Q3 2025$45.1m$33.7m0.75
Q4 2025$38.7m$28.4m0.73
Q1 2026$28.7m$24.9m0.87
Q2 2026$33.6m$18.1m0.54

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +962,093+962.1k
JPMORGAN CHASE & CO Added +856,600+856.6k
Broad Peak Investment Advisers Pte Ltd Added +484,000+484.0k
UBS Group AG Added +445,040+445.0k
Liontrust Investment Partners LLP Added +406,517+406.5k
GOLDMAN SACHS GROUP INC Added +300,970+301.0k
Point72 Asset Management, L.P. New +265,324+265.3k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +253,800+253.8k
NORDEA INVESTMENT MANAGEMENT AB Added +251,226+251.2k
CITADEL ADVISORS LLC Added +237,081+237.1k

Biggest sellers

VANGUARD CAPITAL MANAGEMENT LLC Reduced -2,857,549-2.9m
FMR LLC Reduced -1,768,178-1.8m
Carrhae Capital LLP Sold out -1,568,343-1.6m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,440,456-1.4m
VANGUARD FIDUCIARY TRUST CO Sold out -841,059-841.1k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -825,963-826.0k
Ghisallo Capital Management LLC Sold out -600,000-600.0k
D. E. Shaw & Co., Inc. Reduced -492,809-492.8k
Artisan Partners Limited Partnership Reduced -285,175-285.2k
SAPIENT CAPITAL LLC Reduced -262,149-262.1k

Biggest calls

PEAK6 LLC Added $9.0m492.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.9m323.3k shares
CITADEL ADVISORS LLC Added $4.2m233.0k shares
MILLENNIUM MANAGEMENT LLC New $3.6m200.0k shares
GROUP ONE TRADING LLC Added $2.8m151.8k shares
IMC-Chicago, LLC Reduced $2.6m141.6k shares
WELLS FARGO & COMPANY/MN New $1.5m84.8k shares
SIMPLEX TRADING, LLC Reduced $1.1m62.1k shares
Point72 Asset Management, L.P. New $1.0m55.9k shares
INTERCAPITAL, LLC New $819.9k45.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.0m327.5k shares
CITADEL ADVISORS LLC Added $4.1m227.2k shares
GROUP ONE TRADING LLC Added $3.4m184.8k shares
IMC-Chicago, LLC Reduced $2.1m116.0k shares
JANE STREET GROUP, LLC Reduced $1.2m68.4k shares
SIMPLEX TRADING, LLC Reduced $570.3k31.3k shares
Walleye Trading LLC Reduced $362.6k19.9k shares
Point72 Asset Management, L.P. Reduced $207.7k11.4k shares
Walleye Capital LLC Reduced $134.8k7.4k 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 since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 7,110,6187.1m $112.1m $112.1m 0.08% Reduced -826.0k -825,963
2 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,318,7412.3m $42.2m $42.2m 0.01% Added +445.0k +445,040
3 FMR LLC 0.00% of their portfolio BOSTON, MA 1,913,9911.9m $34.9m $34.9m 0.00% Reduced -1.8m -1,768,178
4 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,874,7481.9m $34.2m $34.2m 0.01% Reduced -128.8k -128,754
5 FIL Ltd 0.02% of their portfolio HAMILTON, D0 1,810,3821.8m $33.0m $33.0m 0.02% Reduced -109.8k -109,776
6 Broad Peak Investment Advisers Pte Ltd 4.52% of their portfolio SINGAPORE, U0 1,349,0001.3m $24.6m $24.6m 4.52% Added +484.0k +484,000
7 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 1,239,9631.2m $22.6m $22.6m 0.02% Added +962.1k +962,093
8 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 1,233,4311.2m $22.5m $22.5m 0.03% Added +7.2k +7,226
9 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 1,056,5851.1m $19.3m $19.3m 0.02% Added +40.3k +40,251
10 WEXFORD CAPITAL LP 2.53% of their portfolio WEST PALM BEACH, FL 1,010,7161.0m $18.4m $18.4m 2.53% Added +210.7k +210,731
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 862,591862.6k $13.6m $13.6m 0.00% Added +856.6k +856,600
12 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 847,481847.5k $15.4m $15.4m 0.01% Added +251.2k +251,226
13 Robeco Schweiz AG 0.24% of their portfolio ZURICH, V8 833,050833.0k $15.2m $15.2m 0.24% Reduced -7.3k -7,335
14 Artisan Partners Limited Partnership 0.02% of their portfolio Milwaukee, WI 745,869745.9k $13.6m $13.6m 0.02% Reduced -285.2k -285,175
15 C WorldWide Group Holding A/S 0.30% of their portfolio COPENHAGEN, G7 679,558679.6k $12.4m $12.4m 0.30% Added +9.4k +9,385
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 653,665653.7k $11.9m $11.9m 0.00% Added +301.0k +300,970
17 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 648,521648.5k $11.8m $11.8m 0.06% Added +63.5k +63,522
18 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 606,060606.1k $11.0m $11.0m 0.00% Unchanged
19 Liontrust Investment Partners LLP 0.15% of their portfolio LONDON, X0 571,201571.2k $10.4m $10.4m 0.15% Added +406.5k +406,517
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 563,623563.6k $10.3m $10.3m 0.00% Added +227.8k +227,837
21 SRS Investment Management, LLC 0.10% of their portfolio New York, NY 563,130563.1k $10.3m $10.3m 0.10% Added +3.4k +3,424
22 SAPIENT CAPITAL LLC 0.11% of their portfolio INDIANAPOLIS, IN 447,976448.0k $8.2m $8.2m 0.11% Reduced -262.1k -262,149
23 Long Corridor Asset Management Ltd 2.45% of their portfolio HONG KONG, K3 445,000445.0k $8.1m $8.1m 2.45% Unchanged
24 Maxi Investments CY Ltd 1.62% of their portfolio LIMASSOL, G4 430,974431.0k $7.9m $7.9m 1.62% Added +185.5k +185,474
25 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 395,752395.8k $7.2m $7.2m 0.00% Added +110.2k +110,244
26 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 390,127390.1k $7.5m $7.5m 0.01% Unchanged
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 323,663323.7k $5.9m $5.9m 0.00% Added +237.1k +237,081
28 NORGES BANK 0.00% of their portfolio OSLO, Q8 313,678313.7k $5.7m $5.7m 0.00% Not comparable
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 281,436281.4k $5.1m $5.1m 0.00% Added +112.1k +112,062
30 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 271,570271.6k $4.7m $4.7m 0.00% Added +24.9k +24,940
31 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 265,324265.3k $4.8m $4.8m 0.01% New
32 Legal & General Group Plc 0.00% of their portfolio London, X0 259,781259.8k $4.7m $4.7m 0.00% Reduced -8.6k -8,637
33 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 253,800253.8k $4.6m $4.6m 0.01% New
34 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 248,122248.1k $4.5m $4.5m 0.01% Added +3.6k +3,588
35 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 241,089241.1k $4.4m $4.4m 0.03% Added +204.5k +204,525
36 IMC-Chicago, LLC 0.03% of their portfolio CHICAGO, IL 178,626178.6k $3.3m $3.3m 0.03% Added +127.4k +127,363
37 Aristides Capital LLC 0.82% of their portfolio LOUISVILLE, KY 175,326175.3k $3.2m $3.2m 0.82% Added +12.9k +12,860
38 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 172,595172.6k $3.1m $3.1m 0.00% Reduced -492.8k -492,809
39 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 165,678165.7k $3.0m $3.0m 0.02% Added +38.5k +38,458
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 161,692161.7k $2.9m $2.9m 0.00% Added +13.9k +13,936
41 Maytree Asset Management Ltd 1.87% of their portfolio HONG KONG, K3 158,400158.4k $2.9m $2.9m 1.87% New
42 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 158,397158.4k $2.9m $2.9m 0.00% Reduced -1.4m -1,440,456
43 PensionDanmark Pensionsforsikringsaktieselskab 0.02% of their portfolio COPENHAGEN O, G7 126,400126.4k $2.3m $2.3m 0.02% Unchanged
44 Fideuram Asset Management (Ireland) dac 0.04% of their portfolio DUBLIN 1, L2 123,612123.6k $2.4m $2.4m 0.04% New
45 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 121,418121.4k $2.2m $2.2m 0.00% New
46 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 120,755120.8k $2.2m $2.2m 0.00% Reduced -374 -374
47 EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio Oklahoma City, OK 118,545118.5k $2.2m $2.2m 0.01% Added +78.7k +78,719
48 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 115,566115.6k $2.1m $2.1m 0.00% Reduced -37.2k -37,235
49 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 115,500115.5k $2.1m $2.1m 0.01% Unchanged
50 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.13% of their portfolio SINGAPORE, U0 115,081115.1k $2.1m $2.1m 0.13% Added +9.0k +8,973
51 Robeco Institutional Asset Management B.V. 0.00% of their portfolio ROTTERDAM, P7 109,097109.1k $2.0m $2.0m 0.00% Added +4.2k +4,160
52 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 105,624105.6k $1.9m $1.9m 0.00% New
53 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 98,82398.8k $1.8m $1.8m 0.00% Added +11.6k +11,627
54 RD Finance Ltd 1.73% of their portfolio LIMASSOL, G4 96,38096.4k $1.8m $1.8m 1.73% New
55 First Trust Bank, Ltd. 3.31% of their portfolio NASSAU, C5 90,59590.6k $1.7m $1.7m 3.31% Reduced -90.7k -90,695
56 B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio FRANKFURT, 2M 85,87885.9k $1.6m $1.6m 0.01% Added +11.7k +11,679
57 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 73,25873.3k $1.3m $1.3m 0.00% Reduced -2.9m -2,857,549
58 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 72,98173.0k $1.3m $1.3m 0.04% New
59 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 64,60264.6k $1.2m $1.2m 0.00% Reduced -33.0k -33,043
60 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 61,71861.7k $1.1m $1.1m 0.00% Reduced -47.3k -47,280
61 Electron Capital Partners, LLC 0.04% of their portfolio NEW YORK, NY 60,05060.0k $1.1m $1.1m 0.04% Reduced -620 -620
62 INTERCAPITAL, LLC 0.44% of their portfolio AUSTIN, TX 54,71054.7k $996.8k $996.8k 0.44% New
63 Driehaus Capital Management LLC 0.01% of their portfolio Chicago, IL 53,56753.6k $976.0k $976.0k 0.01% Reduced -32.5k -32,541
64 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 50,50550.5k $920.2k $920.2k 0.00% Added +9.3k +9,320
65 FOX RUN MANAGEMENT, L.L.C. 0.15% of their portfolio GREENWICH, CT 49,26949.3k $897.7k $897.7k 0.15% New
66 TRIGLAV INVESTMENTS, D.O.O. 0.05% of their portfolio LJUBLJANA, 2A 48,57048.6k $884.9k $884.9k 0.05% Unchanged
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 45,56045.6k $830.1k $830.1k 0.00% Reduced -120.2k -120,247
68 Axxion S.A. 0.06% of their portfolio GREVENMACHER, N4 44,44644.4k $809.8k $809.8k 0.06% First filing
69 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 38,49338.5k $701.3k $701.3k 0.00% Added +18.7k +18,656
70 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 34,11534.1k $621.6k $621.6k 0.00% Added +942 +942
71 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 33,36833.4k $608.0k $608.0k 0.00% Added +14.2k +14,166
72 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 31,88731.9k $581.0k $581.0k 0.01% New
73 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 31,79331.8k $579.3k $579.3k 0.00% Added +3.8k +3,822
74 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 29,17229.2k $531.5k $531.5k 0.00% Added +6.1k +6,137
75 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 28,80028.8k $524.2k $524.2k 0.00% Added +12.5k +12,500
76 Krane Funds Advisors LLC 0.02% of their portfolio NEW YORK, NY 28,61328.6k $521.3k $521.3k 0.02% Added +6.5k +6,519
77 KEYSTONE INVESTORS PTE LTD 0.02% of their portfolio SINGAPORE, U0 25,13025.1k $457.9k $457.9k 0.02% First filing
78 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 25,00025.0k $456.0k $456.0k 0.00% New
79 HITE Hedge Asset Management LLC 0.02% of their portfolio BRAINTREE, MA 24,59824.6k $448.2k $448.2k 0.02% Reduced -20.3k -20,298
80 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 23,34423.3k $425.3k $425.3k 0.00% Reduced -37.8k -37,799
81 SBI Securities Co., Ltd. 0.01% of their portfolio TOKYO, M0 21,80721.8k $397.3k $397.3k 0.01% Added +18.4k +18,383
82 Marex Group Ltd 0.00% of their portfolio London, X0 21,02921.0k $383.1k $383.1k 0.00% New
83 Harbour Capital Advisors, LLC 0.06% of their portfolio TYSONS CORNER, VA 20,45020.4k $330.5k $330.5k 0.06% Added +3.2k +3,250
84 AIA Group Ltd 0.00% of their portfolio HONG KONG, K3 20,12320.1k $366.6k $366.6k 0.00% Unchanged
85 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 19,71319.7k $359.2k $359.2k 0.00% New
86 Advisors Asset Management, Inc. 0.01% of their portfolio Monument, CO 18,65718.7k $339.9k $339.9k 0.01% Added +1.6k +1,635
87 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 18,55418.6k $338.1k $338.1k 0.00% Reduced -21.6k -21,575
88 Athena Wealth Management, LLC 0.25% of their portfolio RENO, NV 18,31818.3k $333.8k $333.8k 0.25% New
89 Leonteq Securities AG 0.02% of their portfolio ZURICH, V8 15,91115.9k $289.9k $289.9k 0.02% Added +6.1k +6,078
90 Pekin Hardy Strauss, Inc. 0.02% of their portfolio CHICAGO, IL 15,00015.0k $273.3k $273.3k 0.02% New
91 Almanack Investment Partners, LLC. 0.03% of their portfolio WAYNE, PA 14,24014.2k $259.5k $259.5k 0.03% New
92 Headlands Technologies LLC 0.02% of their portfolio CHICAGO, IL 12,82112.8k $233.6k $233.6k 0.02% New
93 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 12,73012.7k $231.9k $231.9k 0.01% New
94 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 12,04912.0k $219.5k $219.5k 0.01% New
95 Fosun International Ltd 0.05% of their portfolio HONG KONG, F4 11,63311.6k $212.0k $212.0k 0.05% Reduced -124.5k -124,457
96 Knollwood Investment Advisory, LLC 0.01% of their portfolio HUNT VALLEY, MD 10,00010.0k $58.3k $58.3k 0.01% Reduced -86.3k -86,346
97 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 9,4239.4k $171.7k $171.7k 0.00% Added +2.4k +2,376
98 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,7297.7k $140.8k $140.8k 0.00% Reduced -161.1k -161,071
99 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 6,1126.1k $111.4k $111.4k 0.00% Reduced -14.2k -14,230
100 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 5,6495.6k $102.9k $102.9k 0.00% New