Hesai Group - Class B ordinary shares, US$0.0001 par value per share (HSAI) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2023 to Q4 2025

Type / Class
Equity / Class B ordinary shares, US$0.0001 par value per share
Symbol
HSAI on Nasdaq
Shares outstanding
154,021,333
Price per share
$27.61
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
22,588,264
Total reported value
$504,561,514
% of total 13F portfolios
0%
Share change
-1,639,249
Value change
-$56,465,462
Number of holders
89
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Hesai Group - Class B ordinary shares, US$0.0001 par value per share (HSAI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
FMR LLC 5.2% $119,463,204 5,442,515 FMR LLC 30 Jun 2025
Xiaomi Corp 3.2% $133,315,693 5,032,680 Xiaomi Corporation 30 Sep 2025
Lightspeed China Partners III, L.P. 2.1% $90,887,989 3,234,448 Lightspeed China Partners III, L.P. 30 Sep 2025
Ayrton Capital LLC 10% $50,276,475 2,290,500 Ayrton Capital LLC 30 Jun 2025

As of 31 Dec 2025, 89 institutional investors reported holding 22,588,264 shares of Hesai Group - Class B ordinary shares, US$0.0001 par value per share (HSAI). This represents 15% of the company’s total 154,021,333 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Hesai Group - Class B ordinary shares, US$0.0001 par value per share (HSAI) together control 13% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 2.7% 4,106,432 +0.69% 0% $91,984,077
Allianz Asset Management GmbH 1.4% 2,088,332 -20% 0.05% $46,778,636
SCHRODER INVESTMENT MANAGEMENT GROUP 1.3% 2,065,906 +17420% 0.04% $46,276,294
DEUTSCHE BANK AG\ 1.1% 1,624,870 +125% 0.01% $36,397,088
FEDERATED HERMES, INC. 0.82% 1,263,894 +8076% 0.05% $28,311,226
UBS Group AG 0.79% 1,218,110 +33% 0.01% $27,285,664
Robeco Schweiz AG 0.77% 1,179,500 +34% 0.59% $26,420,800
NORGES BANK 0.7% 1,083,028 0% $24,259,827
GOLDMAN SACHS GROUP INC 0.53% 810,952 -59% 0% $18,165,325
MORGAN STANLEY 0.5% 769,990 -27% 0% $17,247,777
MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.49% 749,097 -33% 0.01% $16,940,604
C WorldWide Group Holding A/S 0.45% 697,133 -14% 0.27% $15,616,000
Maxi Investments CY Ltd 0.33% 512,847 2.1% $11,488,000
Long Corridor Asset Management Ltd 0.24% 370,000 +270% 4.1% $8,288,000
Fideuram Asset Management (Ireland) dac 0.23% 359,707 0% 0.51% $6,275,684
STATE STREET CORP 0.18% 282,448 -38% 0% $6,326,835
Legal & General Group Plc 0.17% 266,779 +10399% 0% $5,975,850
Knollwood Investment Advisory, LLC 0.13% 192,692 0% 0.41% $4,316,301
WEXFORD CAPITAL LP 0.12% 183,837 +374% 1.1% $4,117,950
MARSHALL WACE, LLP 0.12% 178,207 0% $3,991,837
Independent Advisor Alliance 0.11% 171,999 -6.2% 0.09% $3,852,778
NEW YORK STATE COMMON RETIREMENT FUND 0.1% 157,841 0% $3,535,638
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.1% 155,232 +70% 0% $3,477,000
Robeco Institutional Asset Management B.V. 0.1% 149,046 -22% 0% $3,338,631
Fosun International Ltd 0.1% 146,423 +31% 0.83% $3,279,875

Institutional Holders of Hesai Group - Class B ordinary shares, US$0.0001 par value per share (HSAI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 22,588,264 $504,561,514 -$56,465,462 $22.40 89
2025 Q3 47,687,381 $1,339,880,058 +$87,162,360 $28.10 133
2025 Q2 46,628,671 $1,024,423,197 +$133,184,284 $21.95 104
2025 Q1 42,307,880 $624,501,796 +$150,285,135 $14.80 89
2024 Q4 33,126,508 $460,591,130 +$70,111,651 $13.82 67
2024 Q3 24,067,027 $112,674,812 +$907,674 $4.69 38
2024 Q2 24,030,097 $100,697,406 +$6,801,043 $4.19 45
2024 Q1 21,011,546 $106,313,886 -$39,008,071 $5.06 46
2023 Q4 25,116,727 $223,651,756 +$49,752,535 $8.91 45
2023 Q3 19,471,104 $194,711,560 +$528,437 $10.00 33
2023 Q2 19,367,591 $203,940,845 -$11,372,924 $10.53 35
2023 Q1 19,744,753 $305,649,556 +$140,301,556 $15.47 44