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

CUSIP: 428050108

Q4 2025 13F Holders as of 31 Dec 2025

Type / Class
Equity / Class B ordinary shares, US$0.0001 par value per share
Shares outstanding
154,021,333
Total 13F shares
44,013,592
Share change
-4,035,520
Total reported value
$984,490,256
Put/Call ratio
101%
Price per share
$22.40
Number of holders
129
Value change
-$125,775,429
Number of buys
76
Number of sells
78

Security key

428050108

Report period

Q4 2025

Institutions

129

Top holders

10

Ownership snapshot

Top shareholders of HSAI - Hesai Group - Class B ordinary shares, US$0.0001 par value per share (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Lead holder
Kai Sun
13D/G signal
Kai Sun
Evidence rows
50
Latest as of
30 Sep 2025
13D/G 13F Lead comparable stake: 20% 13D/G row: Kai Sun Showing first 8 of 50 holder rows. Open remaining rows
Holder Evidence Ownership % Position 12M Net Δ As of
Kai Sun
13D/G
20%
27,163,892 shares
$0 24 Apr 2025
Shaoqing Xiang
13D/G
20%
27,163,892 shares
$0 24 Apr 2025
Yifan Li
13D/G
20%
27,163,892 shares
$0 24 Apr 2025
FMR LLC
13F 13D/G
Company
5.2%
from 13D/G
$278,056,252
9,895,240 shares
30 Sep 2025
Xiaomi Corp
13D/G
Xiaomi Corporation
3.2%
$133,315,693
5,032,680 shares
$0 30 Sep 2025
Lightspeed China Partners III, L.P.
13D/G
2.1%
$90,887,989
3,234,448 shares
$0 30 Sep 2025
VANGUARD GROUP INC
13F
Company
13F
2.6%
$114,601,073
4,078,330 shares
30 Sep 2025
Allianz Asset Management GmbH
13F
Company
13F
1.7%
$72,912,307
2,594,744 shares
30 Sep 2025
Show 42 additional holder rows in the full holder list
Holder Evidence Ownership % Position 12M Net Δ As of
D. E. Shaw & Co., Inc.
13F
Company
13F
1.5%
$66,574,211
2,369,189 shares
30 Sep 2025
FIL Ltd
13F
Company
13F
1.5%
$66,218,775
2,356,540 shares
30 Sep 2025
GOLDMAN SACHS GROUP INC
13F
Company
13F
1.3%
$55,801,655
1,985,824 shares
30 Sep 2025
WELLINGTON MANAGEMENT GROUP LLP
13F
Company
13F
1.2%
$51,991,520
1,850,232 shares
30 Sep 2025
NATIONAL BANK OF CANADA /FI/
13F
Company
13F
0.96%
$41,647,460
1,482,116 shares
30 Sep 2025
Oxbow Capital Management (HK) Ltd
13F
Company
13F
0.96%
$41,588,000
1,480,000 shares
30 Sep 2025
Aberdeen Group plc
13F
Company
13F
0.89%
$38,240,720
1,365,740 shares
30 Sep 2025
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
13F
Company
13F
0.73%
$31,669,712
1,127,036 shares
30 Sep 2025
MANUFACTURERS LIFE INSURANCE COMPANY, THE
13F
Company
13F
0.72%
$31,242,030
1,111,816 shares
30 Sep 2025
CITIGROUP INC
13F
Company
13F
0.7%
$30,403,076
1,081,960 shares
30 Sep 2025
MORGAN STANLEY
13F
Company
13F
0.69%
$29,685,458
1,056,422 shares
30 Sep 2025
BANK OF AMERICA CORP /DE/
13F
Company
13F
0.61%
$26,240,735
933,834 shares
30 Sep 2025
UBS Group AG
13F
Company
13F
0.6%
$25,821,511
918,915 shares
30 Sep 2025
Robeco Schweiz AG
13F
Company
13F
0.57%
$24,756,100
881,000 shares
30 Sep 2025
C WorldWide Group Holding A/S
13F
Company
13F
0.53%
$22,905,000
815,117 shares
30 Sep 2025
DEUTSCHE BANK AG\
13F
Company
13F
0.47%
$20,330,350
723,500 shares
30 Sep 2025
JPMORGAN CHASE & CO
13F
Company
13F
0.45%
$19,626,558
698,454 shares
30 Sep 2025
PRICE T ROWE ASSOCIATES INC /MD/
13F
Company
13F
0.39%
$17,031,000
606,060 shares
30 Sep 2025
Ghisallo Capital Management LLC
13F
Company
13F
0.32%
$14,050,000
500,000 shares
30 Sep 2025
Qube Research & Technologies Ltd
13F
Company
13F
0.32%
$13,681,075
486,871 shares
30 Sep 2025
STATE STREET CORP
13F
Company
13F
0.29%
$12,732,728
453,122 shares
30 Sep 2025
Ardmore Road Asset Management LP
13F
Company
13F
0.29%
$12,645,000
450,000 shares
30 Sep 2025
LORD, ABBETT & CO. LLC
13F
Company
13F
0.28%
$11,943,000
425,000 shares
30 Sep 2025
JANE STREET GROUP, LLC
13F
Company
13F
0.26%
$11,297,325
402,040 shares
30 Sep 2025
CI INVESTMENTS INC.
13F
Company
13F
0.24%
$10,585,000
376,688 shares
30 Sep 2025
Verition Fund Management LLC
13F
Company
13F
0.16%
$6,925,948
246,475 shares
30 Sep 2025
NOMURA HOLDINGS INC
13F
Company
13F
0.14%
$6,137,040
218,400 shares
30 Sep 2025
Schonfeld Strategic Advisors LLC
13F
Company
13F
0.14%
$5,980,718
212,837 shares
30 Sep 2025
Knollwood Investment Advisory, LLC
13F
Company
13F
0.13%
$5,414,645
192,692 shares
30 Sep 2025
Robeco Institutional Asset Management B.V.
13F
Company
13F
0.12%
$5,354,174
190,540 shares
30 Sep 2025
SG Americas Securities, LLC
13F
Company
13F
0.12%
$5,248,000
186,755 shares
30 Sep 2025
MILLENNIUM MANAGEMENT LLC
13F
Company
13F
0.12%
$5,179,027
184,307 shares
30 Sep 2025
Independent Advisor Alliance
13F
Company
13F
0.12%
$5,150,646
183,297 shares
30 Sep 2025
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
13F
Company
13F
0.12%
$5,079,609
180,769 shares
30 Sep 2025
JANUS HENDERSON GROUP PLC
13F
Company
13F
0.11%
$4,820,147
171,383 shares
30 Sep 2025
Pictet Asset Management Holding SA
13F
Company
13F
0.11%
$4,784,615
170,271 shares
30 Sep 2025
BlackRock, Inc.
13F
Company
13F
0.09%
$3,903,877
138,928 shares
30 Sep 2025
SUSQUEHANNA INTERNATIONAL GROUP, LLP
13F
Company
13F
0.09%
$3,900,168
138,796 shares
30 Sep 2025
Aristides Capital LLC
13F
Company
13F
0.08%
$3,411,733
121,414 shares
30 Sep 2025
DIMENSIONAL FUND ADVISORS LP
13F
Company
13F
0.07%
$3,192,411
113,597 shares
30 Sep 2025
Mirae Asset Global Investments Co., Ltd.
13F
Company
13F
0.07%
$3,171,591
112,868 shares
30 Sep 2025
Fosun International Ltd
13F
Company
13F
0.07%
$3,136,185
111,608 shares
30 Sep 2025
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions
129
Shares
44,013,592
Rows loaded
129
Investor Option Weight % Change % Reported value * Price Shares Share Change Activity Report Period

* Reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. An asterisk next to the price means the price is likely invalid.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders
134
Q4 2025 holders
129
Holder diff
-5
Investor Q3 2025 Shares Q4 2025 Shares Share Diff Share Chg % Q3 2025 value Q4 2025 value Value change Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
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