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 ($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
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 |
| Q2 2025 | 105 |
| Q3 2025 | 134 |
| Q4 2025 | 131 |
| Q1 2026 | 133 |
| Q2 2026 | 130 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 14 | 24 |
| Q4 2024 | 43 | 17 |
| Q1 2025 | 65 | 37 |
| Q2 2025 | 62 | 58 |
| Q3 2025 | 95 | 58 |
| Q4 2025 | 76 | 77 |
| Q1 2026 | 72 | 70 |
| Q2 2026 | 82 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $45.1m | $33.7m | 0.75 |
| Q4 2025 | $38.7m | $28.4m | 0.73 |
| Q1 2026 | $28.7m | $24.9m | 0.87 |
| Q2 2026 | $33.6m | $18.1m | 0.54 |
Biggest buyers
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +962.1k |
| JPMORGAN CHASE & CO | Added | +856.6k |
| Broad Peak Investment Advisers Pte Ltd | Added | +484.0k |
| UBS Group AG | Added | +445.0k |
| Liontrust Investment Partners LLP | Added | +406.5k |
| GOLDMAN SACHS GROUP INC | Added | +301.0k |
| Point72 Asset Management, L.P. | New | +265.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +253.8k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +251.2k |
| CITADEL ADVISORS LLC | Added | +237.1k |
Biggest sellers
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -2.9m |
| FMR LLC | Reduced | -1.8m |
| Carrhae Capital LLP | Sold out | -1.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.4m |
| VANGUARD FIDUCIARY TRUST CO | Sold out | -841.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -826.0k |
| Ghisallo Capital Management LLC | Sold out | -600.0k |
| D. E. Shaw & Co., Inc. | Reduced | -492.8k |
| Artisan Partners Limited Partnership | Reduced | -285.2k |
| SAPIENT CAPITAL LLC | Reduced | -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.
| 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 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
| Manager | Shares | Change |
|---|---|---|
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 7.1m $112.1m | Reduced -826.0k |
| UBS Group AG 0.01% of their portfolio | 2.3m $42.2m | Added +445.0k |
| FMR LLC 0.00% of their portfolio | 1.9m $34.9m | Reduced -1.8m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.9m $34.2m | Reduced -128.8k |
| FIL Ltd 0.02% of their portfolio | 1.8m $33.0m | Reduced -109.8k |
| Broad Peak Investment Advisers Pte Ltd 4.52% of their portfolio | 1.3m $24.6m | Added +484.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 1.2m $22.6m | Added +962.1k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 1.2m $22.5m | Added +7.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 1.1m $19.3m | Added +40.3k |
| WEXFORD CAPITAL LP 2.53% of their portfolio | 1.0m $18.4m | Added +210.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 862.6k $13.6m | Added +856.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 847.5k $15.4m | Added +251.2k |
| Robeco Schweiz AG 0.24% of their portfolio | 833.0k $15.2m | Reduced -7.3k |
| Artisan Partners Limited Partnership 0.02% of their portfolio | 745.9k $13.6m | Reduced -285.2k |
| C WorldWide Group Holding A/S 0.30% of their portfolio | 679.6k $12.4m | Added +9.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 653.7k $11.9m | Added +301.0k |
| Empowered Funds, LLC 0.06% of their portfolio | 648.5k $11.8m | Added +63.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 606.1k $11.0m | Unchanged |
| Liontrust Investment Partners LLP 0.15% of their portfolio | 571.2k $10.4m | Added +406.5k |
| MORGAN STANLEY 0.00% of their portfolio | 563.6k $10.3m | Added +227.8k |
| SRS Investment Management, LLC 0.10% of their portfolio | 563.1k $10.3m | Added +3.4k |
| SAPIENT CAPITAL LLC 0.11% of their portfolio | 448.0k $8.2m | Reduced -262.1k |
| Long Corridor Asset Management Ltd 2.45% of their portfolio | 445.0k $8.1m | Unchanged |
| Maxi Investments CY Ltd 1.62% of their portfolio | 431.0k $7.9m | Added +185.5k |
| STATE STREET CORP 0.00% of their portfolio | 395.8k $7.2m | Added +110.2k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 390.1k $7.5m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 323.7k $5.9m | Added +237.1k |
| NORGES BANK 0.00% of their portfolio | 313.7k $5.7m | Not comparable |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 281.4k $5.1m | Added +112.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 271.6k $4.7m | Added +24.9k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 265.3k $4.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 259.8k $4.7m | Reduced -8.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 253.8k $4.6m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 248.1k $4.5m | Added +3.6k |
| Trexquant Investment LP 0.03% of their portfolio | 241.1k $4.4m | Added +204.5k |
| IMC-Chicago, LLC 0.03% of their portfolio | 178.6k $3.3m | Added +127.4k |
| Aristides Capital LLC 0.82% of their portfolio | 175.3k $3.2m | Added +12.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 172.6k $3.1m | Reduced -492.8k |
| PRUDENTIAL PLC 0.02% of their portfolio | 165.7k $3.0m | Added +38.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 161.7k $2.9m | Added +13.9k |
| Maytree Asset Management Ltd 1.87% of their portfolio | 158.4k $2.9m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 158.4k $2.9m | Reduced -1.4m |
| PensionDanmark Pensionsforsikringsaktieselskab 0.02% of their portfolio | 126.4k $2.3m | Unchanged |
| Fideuram Asset Management (Ireland) dac 0.04% of their portfolio | 123.6k $2.4m | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 121.4k $2.2m | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 120.8k $2.2m | Reduced -374 |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 118.5k $2.2m | Added +78.7k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 115.6k $2.1m | Reduced -37.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 115.5k $2.1m | Unchanged |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.13% of their portfolio | 115.1k $2.1m | Added +9.0k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 109.1k $2.0m | Added +4.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 105.6k $1.9m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 98.8k $1.8m | Added +11.6k |
| RD Finance Ltd 1.73% of their portfolio | 96.4k $1.8m | New |
| First Trust Bank, Ltd. 3.31% of their portfolio | 90.6k $1.7m | Reduced -90.7k |
| B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio | 85.9k $1.6m | Added +11.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 73.3k $1.3m | Reduced -2.9m |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 73.0k $1.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 64.6k $1.2m | Reduced -33.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 61.7k $1.1m | Reduced -47.3k |
| Electron Capital Partners, LLC 0.04% of their portfolio | 60.0k $1.1m | Reduced -620 |
| INTERCAPITAL, LLC 0.44% of their portfolio | 54.7k $996.8k | New |
| Driehaus Capital Management LLC 0.01% of their portfolio | 53.6k $976.0k | Reduced -32.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 50.5k $920.2k | Added +9.3k |
| FOX RUN MANAGEMENT, L.L.C. 0.15% of their portfolio | 49.3k $897.7k | New |
| TRIGLAV INVESTMENTS, D.O.O. 0.05% of their portfolio | 48.6k $884.9k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 45.6k $830.1k | Reduced -120.2k |
| Axxion S.A. 0.06% of their portfolio | 44.4k $809.8k | First filing |
| Quantinno Capital Management LP 0.00% of their portfolio | 38.5k $701.3k | Added +18.7k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 34.1k $621.6k | Added +942 |
| Vident Advisory, LLC 0.00% of their portfolio | 33.4k $608.0k | Added +14.2k |
| GTS SECURITIES LLC 0.01% of their portfolio | 31.9k $581.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 31.8k $579.3k | Added +3.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 29.2k $531.5k | Added +6.1k |
| Candriam S.C.A. 0.00% of their portfolio | 28.8k $524.2k | Added +12.5k |
| Krane Funds Advisors LLC 0.02% of their portfolio | 28.6k $521.3k | Added +6.5k |
| KEYSTONE INVESTORS PTE LTD 0.02% of their portfolio | 25.1k $457.9k | First filing |
| Handelsbanken Fonder AB 0.00% of their portfolio | 25.0k $456.0k | New |
| HITE Hedge Asset Management LLC 0.02% of their portfolio | 24.6k $448.2k | Reduced -20.3k |
| Aberdeen Group plc 0.00% of their portfolio | 23.3k $425.3k | Reduced -37.8k |
| SBI Securities Co., Ltd. 0.01% of their portfolio | 21.8k $397.3k | Added +18.4k |
| Marex Group Ltd 0.00% of their portfolio | 21.0k $383.1k | New |
| Harbour Capital Advisors, LLC 0.06% of their portfolio | 20.4k $330.5k | Added +3.2k |
| AIA Group Ltd 0.00% of their portfolio | 20.1k $366.6k | Unchanged |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 19.7k $359.2k | New |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 18.7k $339.9k | Added +1.6k |
| M&T Bank Corp 0.00% of their portfolio | 18.6k $338.1k | Reduced -21.6k |
| Athena Wealth Management, LLC 0.25% of their portfolio | 18.3k $333.8k | New |
| Leonteq Securities AG 0.02% of their portfolio | 15.9k $289.9k | Added +6.1k |
| Pekin Hardy Strauss, Inc. 0.02% of their portfolio | 15.0k $273.3k | New |
| Almanack Investment Partners, LLC. 0.03% of their portfolio | 14.2k $259.5k | New |
| Headlands Technologies LLC 0.02% of their portfolio | 12.8k $233.6k | New |
| Graham Capital Management, L.P. 0.01% of their portfolio | 12.7k $231.9k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 12.0k $219.5k | New |
| Fosun International Ltd 0.05% of their portfolio | 11.6k $212.0k | Reduced -124.5k |
| Knollwood Investment Advisory, LLC 0.01% of their portfolio | 10.0k $58.3k | Reduced -86.3k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 9.4k $171.7k | Added +2.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.7k $140.8k | Reduced -161.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 6.1k $111.4k | Reduced -14.2k |
| Walleye Trading LLC 0.00% of their portfolio | 5.6k $102.9k | New |