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 ($7.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.42. Options: 23 managers hold calls ($298.4m notional), 29 hold puts ($187.0m).
Trends to Q4 2025
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 |
| Q1 2024 | 363 |
| Q2 2024 | 353 |
| Q3 2024 | 361 |
| Q4 2024 | 366 |
| Q1 2025 | 377 |
| Q2 2025 | 367 |
| Q3 2025 | 409 |
| Q4 2025 | 461 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 181 | 148 |
| Q2 2024 | 124 | 165 |
| Q3 2024 | 158 | 127 |
| Q4 2024 | 149 | 163 |
| Q1 2025 | 183 | 133 |
| Q2 2025 | 178 | 170 |
| Q3 2025 | 246 | 127 |
| Q4 2025 | 234 | 152 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $36.0m | $33.6m | 0.93 |
| Q2 2025 | $100.7m | $57.6m | 0.57 |
| Q3 2025 | $334.4m | $246.2m | 0.74 |
| Q4 2025 | $298.4m | $187.0m | 0.63 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +8.8m |
| MORGAN STANLEY | Added | +8.6m |
| RENAISSANCE TECHNOLOGIES LLC | New | +8.1m |
| VANGUARD GROUP INC | Added | +4.3m |
| TWO SIGMA INVESTMENTS, LP | Added | +2.1m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +2.1m |
| UBS Group AG | Added | +1.7m |
| Qube Research & Technologies Ltd | New | +1.7m |
| BlackRock, Inc. | Added | +1.7m |
| GOLDMAN SACHS GROUP INC | Added | +1.2m |
Biggest sellers
| Capricorn Investment Group LLC | Reduced | -3.3m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -3.2m |
| TUDOR INVESTMENT CORP ET AL | Reduced | -1.7m |
| Man Group plc | Reduced | -1.6m |
| Board of Trustees of The Leland Stanford Junior University | Sold out | -1.5m |
| CITADEL ADVISORS LLC | Reduced | -1.3m |
| GMT Capital Corp | Sold out | -1.2m |
| JANE STREET GROUP, LLC | Reduced | -938.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -879.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -733.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $90.1m8.6m shares |
| CITADEL ADVISORS LLC | Added | $49.1m4.7m shares |
| D. E. Shaw & Co., Inc. | Added | $35.3m3.4m shares |
| JANE STREET GROUP, LLC | Added | $29.9m2.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $29.2m2.8m shares |
| GROUP ONE TRADING LLC | Reduced | $21.7m2.1m shares |
| IMC-Chicago, LLC | Added | $14.2m1.4m shares |
| GOLDMAN SACHS GROUP INC | New | $4.7m450.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $4.7m448.4k shares |
| Point72 Asset Management, L.P. | New | $3.9m377.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.0m3.8m shares |
| CITADEL ADVISORS LLC | Reduced | $30.3m2.9m shares |
| JPMORGAN CHASE & CO | Reduced | $20.3m1.9m shares |
| SIMPLEX TRADING, LLC | Added | $14.9m1.4m shares |
| GOLDMAN SACHS GROUP INC | Added | $12.4m1.2m shares |
| IMC-Chicago, LLC | Added | $11.1m1.1m shares |
| CANTOR FITZGERALD, L. P. | New | $8.3m800.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $7.0m670.6k shares |
| GROUP ONE TRADING LLC | Reduced | $6.6m631.7k shares |
| JANE STREET GROUP, LLC | Reduced | $6.5m627.7k 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 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.
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 2024 | 0 | — | 5 | $3.8m | $3.5m |
| Q2 2024 | 0 | — | 3 | $3.4m | $3.3m |
| Q3 2024 | 0 | — | 7 | $12.2m | $6.3m |
| Q4 2024 | 0 | — | 5 | $7.0m | $6.4m |
| Q1 2025 | 0 | — | 4 | $1.2m | $817.2k |
| Q2 2025 | 0 | — | 2 | $4.6m | $4.6m |
| Q3 2025 | 0 | — | 6 | $34.9m | $17.1m |
| Q4 2025 | 0 | — | 9 | $88.2m | $16.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-19 | Straubel Jeffrey B Director | Sold plan | $1.8m157.2k shares |
| 2025-12-15 | Saluja Dipender Director · By Capricorn-Libra Investment Group, LP | Sold | $28.8m2.6m shares |
| 2025-12-15 | Hettrich Kevin CHIEF FINANCIAL OFFICER | Sold plan | $108.5k9.8k shares |
| 2025-12-12 | Saluja Dipender Director · By Capricorn-Libra Investment Group, LP | Sold | $8.2m684.5k shares |
| 2025-12-04 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $2.1m166.4k shares |
| 2025-12-04 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $570.1k44.9k shares |
| 2025-11-25 | MCCARTHY MICHAEL O III CHIEF LEGAL OFFICER | Sold | $471.6k40.0k shares |
| 2025-11-24 | MCCARTHY MICHAEL O III CHIEF LEGAL OFFICER · By: Trust | Sold | $422.4k36.4k shares |
| 2025-11-21 | Hettrich Kevin CHIEF FINANCIAL OFFICER | Sold plan | $110.6k9.8k shares |
| 2025-11-19 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $2.5m201.8k shares |
| 2025-11-19 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $562.0k44.9k shares |
| 2025-11-07 | MCCARTHY MICHAEL O III CHIEF LEGAL OFFICER | Sold | $329.4k20.4k shares |
| 2025-11-05 | Straubel Jeffrey B Director | Sold plan | $2.7m157.2k shares |
| 2025-10-31 | Buss Brad W Director | Sold | $5.4m300.0k shares |
| 2025-10-30 | MCCARTHY MICHAEL O III CHIEF LEGAL OFFICER | Sold | $789.0k50.0k shares |
| 2025-10-27 | Sivaram Srinivasan CHIEF EXECUTIVE OFFICER, director | Sold | $1.5m90.0k shares |
| 2025-10-24 | Prinz Fritz Director · By: Benedikt F. Prinz 2019 Trust, the Goldman Sachs Trust Company of Delaware, Trustee | Sold | $7.4m480.9k shares |
| 2025-10-24 | Buss Brad W Director | Sold | $6.3m400.0k shares |
| 2025-10-24 | Prinz Fritz Director | Sold | $3.9m250.0k shares |
| 2025-10-24 | Prinz Fritz Director · By: Marie Helene Prinz 2019 Trust, the Goldman Sachs Trust Company of Delaware, Trustee | Sold | $3.9m250.0k shares |
| 2025-10-24 | Singh Mohit CHIEF DEVELOPMENT OFFICER | Sold | $3.3m220.0k shares |
| 2025-10-24 | MCCARTHY MICHAEL O III CHIEF LEGAL OFFICER | Sold | $706.0k46.3k shares |
| 2025-10-24 | Sivaram Srinivasan CHIEF EXECUTIVE OFFICER, director | Sold | $498.3k30.0k shares |
| 2025-10-24 | Prinz Fritz Director | Sold | $296.2k19.1k shares |
| 2025-10-03 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $2.6m166.4k shares |
| 2025-10-03 | Holme Timothy CHIEF TECHNOLOGY OFFICER | Sold plan | $697.2k44.9k shares |
| 2025-10-01 | Straubel Jeffrey B Director | Sold plan | $2.2m157.2k shares |
| 2025-10-01 | Hettrich Kevin CHIEF FINANCIAL OFFICER | Sold plan | $136.6k9.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 41.0m $426.8m | Added +4.3m |
| BlackRock, Inc. 0.00% of their portfolio | 20.8m $216.6m | Added +1.7m |
| D. E. Shaw & Co., Inc. 0.10% of their portfolio | 12.5m $130.0m | Added +8.8m |
| Capricorn Investment Group LLC 14.50% of their portfolio | 11.5m $119.8m | Reduced -3.3m |
| MORGAN STANLEY 0.01% of their portfolio | 11.1m $115.9m | Added +8.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.3m $86.8m | Added +1.2m |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 8.1m $84.6m | New |
| STATE STREET CORP 0.00% of their portfolio | 7.5m $78.2m | Added +529.6k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 5.7m $59.5m | Added +2.1m |
| COATUE MANAGEMENT LLC 0.10% of their portfolio | 3.7m $38.5m | Reduced -600.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio | 3.6m $37.5m | Added +845.1k |
| UBS Group AG 0.01% of their portfolio | 3.5m $36.8m | Added +1.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.8m $29.6m | Added +188.2k |
| NORGES BANK 0.00% of their portfolio | 2.8m $29.3m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $28.5m | Added +1.2m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.4m $25.5m | Reduced -3.2m |
| Amundi 0.01% of their portfolio | 2.3m $23.5m | Added +291.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.2m $22.9m | Added +15.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 2.1m $22.1m | Added +2.1m |
| Man Group plc 0.04% of their portfolio | 2.0m $21.0m | Reduced -1.6m |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 2.0m $20.6m | Reduced -938.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 2.0m $20.5m | Added +590.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.8m $18.8m | Reduced -1.3m |
| Invesco Ltd. 0.00% of their portfolio | 1.8m $18.2m | Added +76.7k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 1.7m $17.9m | New |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 1.5m $15.2m | Reduced -249.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.3m $13.2m | Reduced -879.8k |
| Susquehanna Portfolio Strategies, LLC 0.20% of their portfolio | 1.2m $13.0m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.2m $12.6m | Added +249.7k |
| Nuveen, LLC 0.00% of their portfolio | 1.2m $12.3m | Added +462.9k |
| Marex Group Ltd 0.12% of their portfolio | 1.1m $11.2m | Added +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 998.6k $10.4m | Reduced -42.0k |
| Clear Street Group Inc. 0.05% of their portfolio | 989.8k $10.3m | New |
| Jump Financial, LLC 0.12% of their portfolio | 949.7k $9.9m | New |
| CANTOR FITZGERALD, L. P. 0.28% of their portfolio | 905.0k $9.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 884.2k $9.2m | Added +213.1k |
| LPL Financial LLC 0.00% of their portfolio | 850.8k $8.9m | Added +70.8k |
| Arthedge Capital Management, LLC 6.44% of their portfolio | 848.0k $8.8m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 829.5k $8.6m | Reduced -72.2k |
| Swiss National Bank 0.01% of their portfolio | 824.9k $8.6m | Added +25.0k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 769.2k $8.0m | Reduced -1.7m |
| CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio | 728.6k $7.6m | Added +503.1k |
| GROUP ONE TRADING LLC 0.21% of their portfolio | 675.5k $7.0m | Added +212.6k |
| IMC-Chicago, LLC 0.12% of their portfolio | 655.2k $6.8m | Reduced -116.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 648.8k $6.8m | Reduced -733.4k |
| Walleye Capital LLC 0.04% of their portfolio | 624.0k $6.5m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 554.6k $5.8m | Added +126.8k |
| Quantbot Technologies LP 0.18% of their portfolio | 507.6k $5.3m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 498.1k $5.2m | Added +396.7k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 450.6k $4.7m | Reduced -8.0k |
| EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio | 429.5k $4.5m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 421.6k $4.4m | Reduced -13.2k |
| Trexquant Investment LP 0.04% of their portfolio | 413.6k $4.3m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 410.3k $4.3m | Added +74.7k |
| Legal & General Group Plc 0.00% of their portfolio | 406.1k $4.2m | Reduced -31.8k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 404.9k $4.2m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 398.6k $4.2m | Reduced -49.3k |
| Creative Planning 0.00% of their portfolio | 371.9k $3.9m | Added +18.1k |
| THAMES CAPITAL MANAGEMENT LLC 0.56% of their portfolio | 369.7k $3.9m | Reduced -317.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 366.6k $3.8m | Added +19.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 366.5k $3.8m | Added +23.3k |
| Bridgewater Associates, LP 0.01% of their portfolio | 336.1k $3.5m | Added +70.0k |
| Walleye Trading LLC 0.06% of their portfolio | 335.3k $3.5m | Added +69.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 334.4k $3.5m | Added +27.4k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 332.8k $3.5m | Added +30.2k |
| Virtu Financial LLC 0.13% of their portfolio | 315.5k $3.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 306.5k $3.2m | Added +149.8k |
| DNB Asset Management AS 0.01% of their portfolio | 298.2k $3.1m | Reduced -92.8k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 287.5k $3.0m | New |
| Prospera Financial Services Inc 0.04% of their portfolio | 262.8k $2.7m | Added +18 |
| Caption Management, LLC 0.11% of their portfolio | 242.1k $2.5m | Added +43.4k |
| HRT FINANCIAL LP 0.01% of their portfolio | 241.7k $2.5m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 236.9k $2.5m | Added +109.1k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 231.6k $2.4m | Added +114.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 227.5k $2.4m | Reduced -85.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 224.9k $2.3m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 222.9k $2.3m | Added +176.0k |
| Verition Fund Management LLC 0.01% of their portfolio | 211.3k $2.2m | Reduced -394.8k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 194.2k $2.0m | Added +57.6k |
| FORA Capital, LLC 0.24% of their portfolio | 190.3k $2.0m | Added +110.2k |
| Police & Firemen's Retirement System of New Jersey 0.02% of their portfolio | 189.8k $2.0m | Added +6.3k |
| Entropy Technologies, LP 0.11% of their portfolio | 188.6k $2.0m | Added +136.9k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 188.3k $2.0m | Added +414 |
| WILLIAM JOHN SEMPOLINSKI 0.96% of their portfolio | 186.6k $1.9m | First filing |
| Cordgrass Capital Advisors, LLC 0.45% of their portfolio | 179.7k $1.9m | Reduced -155.3k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 178.7k $1.9m | Unchanged |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 168.8k $1.8m | Reduced -184.8k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 166.3k $1.7m | Reduced -104.0k |
| 180 WEALTH ADVISORS, LLC 0.19% of their portfolio | 164.2k $1.7m | Added +27.7k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 161.2k $1.1m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 148.7k $1.5m | Added +12.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 142.9k $1.5m | Added +19.3k |
| Green Alpha Advisors, LLC 1.31% of their portfolio | 136.8k $1.4m | Reduced -202 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 135.3k $1.4m | Added +4.7k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 128.3k $1.3m | New |
| Handelsbanken Fonder AB 0.00% of their portfolio | 125.8k $1.3m | Reduced -28.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 124.6k $1.3m | Reduced -305.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 123.6k $1.3m | Added +14.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 121.4k $1.3m | Added +46.0k |
| Blueshift Asset Management, LLC 0.36% of their portfolio | 120.1k $1.3m | Added +32.5k |