QUANTUMSCAPE CORP QS
COM CL A · Common Stock · CUSIP 74767V109 · ISIN US74767V1098
American battery manufacturer
- SectorIndustrials
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies
- HeadquartersSan Jose, CA
- Founded2010
- Websitequantumscape.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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.96. Options: 22 managers hold calls ($64.6m notional), 23 hold puts ($46.4m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 318 |
| Q4 2022 | 343 |
| Q1 2023 | 329 |
| Q2 2023 | 331 |
| Q3 2023 | 358 |
| Q4 2023 | 380 |
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 | 159 | 130 |
| Q1 2023 | 158 | 141 |
| Q2 2023 | 131 | 124 |
| Q3 2023 | 166 | 124 |
| Q4 2023 | 156 | 155 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $90.5m | $93.3m | 1.03 |
| Q2 2023 | $62.9m | $75.8m | 1.21 |
| Q3 2023 | $57.4m | $65.7m | 1.14 |
| Q4 2023 | $64.6m | $46.4m | 0.72 |
Biggest buyers
| MORGAN STANLEY | Added | +8.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.0m |
| D. E. Shaw & Co., Inc. | Added | +1.9m |
| BlackRock Inc. | Added | +1.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +881.8k |
| STATE STREET CORP | Added | +810.5k |
| VANGUARD GROUP INC | Added | +796.7k |
| JPMORGAN CHASE & CO | Added | +759.0k |
| TWINBEECH CAPITAL LP | Added | +706.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +609.0k |
Biggest sellers
| VK Services, LLC | Sold out | -3.6m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Reduced | -3.1m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -2.6m |
| COATUE MANAGEMENT LLC | Reduced | -2.6m |
| Alyeska Investment Group, L.P. | Sold out | -1.9m |
| Ghisallo Capital Management LLC | Reduced | -900.0k |
| CITADEL ADVISORS LLC | Reduced | -636.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -462.6k |
| SIMPLEX TRADING, LLC | Reduced | -363.2k |
| NORGES BANK | Reduced | -343.7k |
Biggest calls
| NATIONAL BANK OF CANADA /FI/ | Reduced | $13.6m20.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.7m1.5m shares |
| GROUP ONE TRADING LLC | Added | $7.0m1.0m shares |
| CITADEL ADVISORS LLC | Added | $5.0m716.2k shares |
| JANE STREET GROUP, LLC | Added | $4.9m708.0k shares |
| SIMPLEX TRADING, LLC | Added | $4.5m644.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $4.2m607.4k shares |
| IMC-Chicago, LLC | Added | $4.1m587.5k shares |
| WOLVERINE TRADING, LLC | Added | $2.7m388.4k shares |
| GTS SECURITIES LLC | Added | $2.0m280.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.2m2.2m shares |
| Crawford Fund Management, LLC | First filing | $4.8m692.2k shares |
| CITADEL ADVISORS LLC | Reduced | $3.7m538.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m453.5k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $2.8m4.2k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $2.8m400.0k shares |
| GTS SECURITIES LLC | Reduced | $2.3m333.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.8m255.2k shares |
| IMC-Chicago, LLC | Added | $1.6m233.0k shares |
| GROUP ONE TRADING LLC | Reduced | $1.6m227.1k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q4 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 6 | $17.3m | — |
| Q2 2022 | 0 | — | 6 | $13.4m | — |
| Q3 2022 | 0 | — | 7 | $19.8m | — |
| Q4 2022 | 0 | — | 2 | $607.3k | — |
| Q1 2023 | 0 | — | 4 | $18.9m | — |
| Q2 2023 | 0 | — | 4 | $1.5m | $1.2m |
| Q3 2023 | 0 | — | 4 | $4.3m | $4.3m |
| Q4 2023 | 0 | — | 3 | $2.8m | $2.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-14 | Hettrich Kevin Chief Financial Officer | Sold plan | $263.7k34.6k shares |
| 2023-12-06 | MCCARTHY MICHAEL O III Chief Legal Officer | Sold | $315.7k44.8k shares |
| 2023-12-04 | Straubel Jeffrey B Director | Sold plan | $960.6k138.6k shares |
| 2023-11-29 | MCCARTHY MICHAEL O III Chief Legal Officer | Sold | $100.3k16.2k shares |
| 2023-11-20 | Hettrich Kevin Chief Financial Officer | Sold plan | $279.6k46.0k shares |
| 2023-11-08 | MCCARTHY MICHAEL O III Chief Legal Officer | Sold | $250.9k43.5k shares |
| 2023-10-04 | Straubel Jeffrey B Director | Sold plan | $451.2k69.3k shares |
| 2023-10-04 | Hettrich Kevin Chief Financial Officer | Sold plan | $219.4k34.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 29.8m $207.3m | Added +796.7k |
| BlackRock Inc. 0.00% of their portfolio | 15.1m $105.3m | Added +1.2m |
| Capricorn Investment Group LLC 19.30% of their portfolio | 14.8m $102.8m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 12.8m $89.1m | Added +8.5m |
| STATE STREET CORP 0.00% of their portfolio | 5.5m $38.1m | Added +810.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 5.2m $35.8m | Added +485.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 3.5m $24.4m | Reduced -3.1m |
| COATUE MANAGEMENT LLC 0.10% of their portfolio | 3.3m $23.2m | Reduced -2.6m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 2.9m $20.4m | Reduced -56.6k |
| NORGES BANK 0.00% of their portfolio | 2.7m $18.5m | Reduced -343.7k |
| Board of Trustees of The Leland Stanford Junior University 1.18% of their portfolio | 2.6m $18.1m | Added +129.2k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 2.6m $18.1m | Added +609.0k |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 2.4m $16.9m | Reduced -152.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 2.2m $15.0m | Added +1.9m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 2.1m $14.6m | Added +2.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.0m $13.7m | Added +81.9k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 1.8m $12.5m | Reduced -33.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 1.6m $10.8m | Added +881.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $10.4m | Added +42.2k |
| Invesco Ltd. 0.00% of their portfolio | 1.5m $10.3m | Reduced -147.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $10.0m | Reduced -462.6k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 1.3m $8.7m | Reduced -2.6m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $7.3m | Added +759.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 999.2k $6.9m | Added +71.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 965.4k $6.7m | Reduced -636.6k |
| TWINBEECH CAPITAL LP 0.09% of their portfolio | 774.0k $5.4m | Added +706.6k |
| Arthedge Capital Management, LLC 3.24% of their portfolio | 631.0k $4.4m | Added +184.0k |
| Swiss National Bank 0.00% of their portfolio | 620.8k $4.3m | Reduced -71.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 609.0k $4.2m | Added +31.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 545.8k $3.8m | Reduced -18.7k |
| LPL Financial LLC 0.00% of their portfolio | 457.2k $3.2m | Reduced -7.3k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 453.0k $3.1m | Reduced -18.3k |
| Holocene Advisors, LP 0.01% of their portfolio | 450.5k $3.1m | Added +56.9k |
| California Public Employees Retirement System 0.00% of their portfolio | 446.4k $3.1m | Unchanged |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 436.7k $3.0m | Added +87.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 436.0k $3.0m | Reduced -44.9k |
| SIMPLEX TRADING, LLC 0.09% of their portfolio | 431.1k $3.0m | Reduced -363.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 405.0k $2.8m | Added +165.0k |
| DUALITY ADVISERS, LP 0.27% of their portfolio | 371.3k $2.6m | Added +212.5k |
| Private Advisory Group LLC 0.44% of their portfolio | 366.2k $2.5m | Reduced -27.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 352.6k $2.5m | Reduced -5.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 349.4k $2.4m | Added +31.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 336.7k $2.3m | Reduced -7.9k |
| Legal & General Group Plc 0.00% of their portfolio | 307.2k $2.1m | Reduced -1.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 301.1k $2.1m | Added +17.5k |
| Zweig-DiMenna Associates LLC 0.22% of their portfolio | 277.9k $1.9m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 271.8k $1.9m | Added +46.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 267.6k $1.9m | Added +3.9k |
| Squarepoint Ops LLC 0.01% of their portfolio | 262.1k $1.8m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 235.7k $1.6m | Added +1.5k |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 227.1k $1.6m | Reduced -9.8k |
| Trexquant Investment LP 0.04% of their portfolio | 224.5k $1.6m | New |
| BARCLAYS PLC 0.00% of their portfolio | 217.3k $1.5m | Reduced -35.3k |
| Edgestream Partners, L.P. 0.11% of their portfolio | 215.7k $1.5m | Added +140.5k |
| GTS SECURITIES LLC 0.03% of their portfolio | 214.2k $1.5m | Reduced -36.7k |
| Robertson Stephens Wealth Management, LLC 0.09% of their portfolio | 209.9k $1.5m | Reduced -800 |
| Vontobel Holding Ltd. 0.01% of their portfolio | 206.1k $1.4m | Added +17.3k |
| Amundi 0.00% of their portfolio | 205.6k $1.8m | Reduced -96.1k |
| Lexington Partners L.P. 0.85% of their portfolio | 187.4k $1.3m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 173.4k $1.2m | Reduced -80.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 173.1k $1.2m | Added +129.1k |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 164.8k $1.1m | Reduced -266.0k |
| Point72 Middle East FZE 0.08% of their portfolio | 163.9k $1.1m | New |
| Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio | 162.3k $1.1m | First filing |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 155.8k $1.1m | Added +439 |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.12% of their portfolio | 150.6k $1.0m | Added +137.4k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 150.0k $1.0m | Added +20.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 141.7k $984.5k | Added +21.8k |
| Engineers Gate Manager LP 0.03% of their portfolio | 136.8k $950.9k | Added +124.3k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 135.4k $941.0k | Added +11.3k |
| TWO SIGMA SECURITIES, LLC 0.04% of their portfolio | 133.6k $928.7k | Reduced -17.3k |
| UBS Group AG 0.00% of their portfolio | 130.6k $907.6k | Added +7.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 125.6k $873.2k | Reduced -34.2k |
| Quantbot Technologies LP 0.05% of their portfolio | 123.3k $856.7k | Added +99.3k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 121.4k $844.0k | Added +690 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 119.9k $833.0k | Added +7.1k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 113.4k $788.4k | Added +80.8k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 105.9k $736.0k | Added +19.4k |
| Premier Fund Managers Ltd 0.03% of their portfolio | 104.8k $753.0k | Added +1.2k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 104.4k $725.6k | Added +8.7k |
| Simplicity Solutions, LLC 0.02% of their portfolio | 103.4k $719.0k | New |
| Bleakley Financial Group, LLC 0.02% of their portfolio | 103.4k $719.0k | New |
| Ghisallo Capital Management LLC 0.07% of their portfolio | 100.0k $695.0k | Reduced -900.0k |
| Portman Ltd 0.75% of their portfolio | 96.9k $673.7k | First filing |
| Brevan Howard Capital Management LP 0.07% of their portfolio | 96.0k $667.1k | Added +66.4k |
| Prospera Financial Services Inc 0.02% of their portfolio | 89.7k $623.2k | Added +7.8k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 88.7k $616.5k | New |
| Unique Wealth Strategies, LLC 0.41% of their portfolio | 88.1k $612.3k | First filing |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 88.1k $612.1k | Reduced -1.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 86.3k $599.9k | Reduced -80.4k |
| Laird Norton Wetherby Trust Company, LLC 0.07% of their portfolio | 84.3k $586.0k | New |
| Green Alpha Advisors, LLC 0.41% of their portfolio | 82.2k $571.6k | Reduced -10.4k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 81.6k $567.1k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 80.2k $557.3k | Reduced -90 |
| HarbourVest Partners LLC 0.18% of their portfolio | 78.9k $548.4k | Added +7.4k |
| Dynamic Technology Lab Private Ltd 0.06% of their portfolio | 77.7k $540.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 77.3k $536.9k | Reduced -259.6k |
| 180 WEALTH ADVISORS, LLC 0.10% of their portfolio | 76.4k $512.1k | Added +2.4k |
| Cordgrass Capital Advisors, LLC 0.17% of their portfolio | 71.9k $499.7k | Added +13.4k |
| Walleye Trading LLC 0.01% of their portfolio | 71.4k $496.4k | Added +756 |