Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

Hesai Group

CIK 0001861737HSAIHSIGF· quarter ending 2026-06-30

Shares outstanding

312,290,334

as of 2025-12-31 · 20-F cover page, filed 2026-04-24

Held by 13F filers

36,734,414

28.4% of Common Class B

Holders

128

-5 vs 2026-03-31 · 33 new, 38 exited

Value

$649.3M

shares -14.1% vs prior quarter

Share classes (cover page of the 20-F filed 2026-04-24, as of 2025-12-31)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common stock	not listed	156,145,167	—	—
Common Class B	HSAI · NASDAQ	129,146,306	36,734,414	28.4%	128	428050108
Common Class A	not listed	26,998,861	—	—

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	428050108	SPONSORED ADS	128	36,734,414	129,146,306	28.4%	$649.3M	10 call / 6 put	13DG	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings. 1 further CUSIPs map to this company (mostly bonds) but no 13F filer held them this quarter.

Top holders (128 of 128 · 428050108)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	SCHRODER INVESTMENT MANAGEMENT GROUP	7,110,618	5.51%	$112.1M	-825,963 (-10.4%)
2	UBS Group AG	2,318,741	1.80%	$42.2M	+445,040 (+23.8%)
3	FMR LLC	1,913,991	1.48%	$34.9M	-1,768,178 (-48.0%)
4	DEUTSCHE BANK AG\	1,874,748	1.45%	$34.2M	-128,754 (-6.4%)
5	FIL Ltd	1,810,382	1.40%	$33.0M	-109,776 (-5.7%)
6	Broad Peak Investment Advisers Pte Ltd	1,349,000	1.04%	$24.6M	+484,000 (+56.0%)
7	MANUFACTURERS LIFE INSURANCE COMPANY, THE	1,239,963	0.96%	$22.6M	+962,093 (+346.2%)
8	FEDERATED HERMES, INC.	1,233,431	0.96%	$22.5M	+7,226 (+0.6%)
9	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	1,056,585	0.82%	$19.3M	+40,251 (+4.0%)
10	WEXFORD CAPITAL LP	1,010,716	0.78%	$18.4M	+210,731 (+26.3%)
11	JPMORGAN CHASE & CO	862,591	0.67%	$13.6M	+856,600 (+14298.1%)
12	NORDEA INVESTMENT MANAGEMENT AB	847,481	0.66%	$15.4M	+251,226 (+42.1%)
13	Robeco Schweiz AG	833,050	0.65%	$15.2M	-7,335 (-0.9%)
14	Artisan Partners Limited Partnership	745,869	0.58%	$13.6M	-285,175 (-27.7%)
15	C WorldWide Group Holding A/S	679,558	0.53%	$12.4M	+9,385 (+1.4%)
16	GOLDMAN SACHS GROUP INC	653,665	0.51%	$11.9M	+300,970 (+85.3%)
17	Empowered Funds, LLC	648,521	0.50%	$11.8M	+63,522 (+10.9%)
18	PRICE T ROWE ASSOCIATES INC /MD/	606,060	0.47%	$11.0M	—
19	Liontrust Investment Partners LLP	571,201	0.44%	$10.4M	+406,517 (+246.8%)
20	MORGAN STANLEY	563,623	0.44%	$10.3M	+227,837 (+67.9%)
21	SRS Investment Management, LLC	563,130	0.44%	$10.3M	+3,424 (+0.6%)
22	SAPIENT CAPITAL LLC	447,976	0.35%	$8.2M	-262,149 (-36.9%)
23	Long Corridor Asset Management Ltd	445,000	0.34%	$8.1M	—
24	Maxi Investments CY Ltd	430,974	0.33%	$7.9M	+185,474 (+75.5%)
25	STATE STREET CORP	395,752	0.31%	$7.2M	+110,244 (+38.6%)
26	CITADEL ADVISORS LLC	323,663	0.25%	$5.9M	+237,081 (+273.8%)
27	NORGES BANK	313,678	0.24%	$5.7M	NEW
28	SUSQUEHANNA INTERNATIONAL GROUP, LLP	281,436	0.22%	$5.1M	+112,062 (+66.2%)
29	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	271,570	0.21%	$4.7M	+24,940 (+10.1%)
30	Point72 Asset Management, L.P.	265,324	0.21%	$4.8M	NEW
31	Legal & General Group Plc	259,781	0.20%	$4.7M	-8,637 (-3.2%)
32	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	253,800	0.20%	$4.6M	NEW
33	NEW YORK STATE COMMON RETIREMENT FUND	248,122	0.19%	$4.5M	+3,588 (+1.5%)
34	Trexquant Investment LP	241,089	0.19%	$4.4M	+204,525 (+559.4%)
35	IMC-Chicago, LLC	178,626	0.14%	$3.3M	+127,363 (+248.5%)
36	Aristides Capital LLC	175,326	0.14%	$3.2M	+12,860 (+7.9%)
37	D. E. Shaw & Co., Inc.	172,595	0.13%	$3.1M	-492,809 (-74.1%)
38	PRUDENTIAL PLC	165,678	0.13%	$3.0M	+38,458 (+30.2%)
39	BANK OF AMERICA CORP /DE/	161,692	0.13%	$2.9M	+13,936 (+9.4%)
40	Maytree Asset Management Ltd	158,400	0.12%	$2.9M	NEW
41	WELLINGTON MANAGEMENT GROUP LLP	158,397	0.12%	$2.9M	-1,440,456 (-90.1%)
42	PensionDanmark Pensionsforsikringsaktieselskab	126,400	0.10%	$2.3M	—
43	Fideuram Asset Management (Ireland) dac	123,612	0.10%	$2.4M	NEW
44	Cambridge Investment Research Advisors, Inc.	121,418	0.09%	$2.2M	NEW
45	Balyasny Asset Management L.P.	120,755	0.09%	$2.2M	-374 (-0.3%)
46	EXCHANGE TRADED CONCEPTS, LLC	118,545	0.09%	$2.2M	+78,719 (+197.7%)
47	Mirae Asset Global Investments Co., Ltd.	115,566	0.09%	$2.1M	-37,235 (-24.4%)
48	State of New Jersey Common Pension Fund D	115,500	0.09%	$2.1M	—
49	HIMENSION CAPITAL (SINGAPORE) PTE. LTD.	115,081	0.09%	$2.1M	+8,973 (+8.5%)
50	Robeco Institutional Asset Management B.V.	109,097	0.08%	$2.0M	+4,160 (+4.0%)
51	MARSHALL WACE, LLP	105,624	0.08%	$1.9M	NEW
52	Mitsubishi UFJ Asset Management Co., Ltd.	98,823	0.08%	$1.8M	+11,627 (+13.3%)
53	RD Finance Ltd	96,380	0.07%	$1.8M	NEW
54	First Trust Bank, Ltd.	90,595	0.07%	$1.7M	-90,695 (-50.0%)
55	B. Metzler seel. Sohn & Co. AG	85,878	0.07%	$1.6M	+11,679 (+15.7%)
56	VANGUARD CAPITAL MANAGEMENT LLC	73,258	0.06%	$1.3M	-2,857,549 (-97.5%)
57	GROUP ONE TRADING LLC	72,981	0.06%	$1.3M	NEW
58	MILLENNIUM MANAGEMENT LLC	64,602	0.05%	$1.2M	-33,043 (-33.8%)
59	BNP PARIBAS FINANCIAL MARKETS	61,718	0.05%	$1.1M	-47,280 (-43.4%)
60	Electron Capital Partners, LLC	60,050	0.05%	$1.1M	-620 (-1.0%)
61	INTERCAPITAL, LLC	54,710	0.04%	$997K	NEW
62	Driehaus Capital Management LLC	53,567	0.04%	$976K	-32,541 (-37.8%)
63	FRANKLIN RESOURCES INC	50,505	0.04%	$920K	+9,320 (+22.6%)
64	FOX RUN MANAGEMENT, L.L.C.	49,269	0.04%	$898K	NEW
65	TRIGLAV INVESTMENTS, D.O.O.	48,570	0.04%	$885K	—
66	CITIGROUP INC	45,560	0.04%	$830K	-120,247 (-72.5%)
67	Axxion S.A.	44,446	0.03%	$810K	NEW
68	Quantinno Capital Management LP	38,493	0.03%	$701K	+18,656 (+94.0%)
69	Vontobel Holding Ltd.	34,115	0.03%	$622K	+942 (+2.8%)
70	Vident Advisory, LLC	33,368	0.03%	$608K	+14,166 (+73.8%)
71	GTS SECURITIES LLC	31,887	0.02%	$581K	NEW
72	Squarepoint Ops LLC	31,793	0.02%	$579K	+3,822 (+13.7%)
73	GEODE CAPITAL MANAGEMENT, LLC	29,172	0.02%	$532K	+6,137 (+26.6%)
74	Candriam S.C.A.	28,800	0.02%	$524K	+12,500 (+76.7%)
75	Krane Funds Advisors LLC	28,613	0.02%	$521K	+6,519 (+29.5%)
76	KEYSTONE INVESTORS PTE LTD	25,130	0.02%	$458K	NEW
77	Handelsbanken Fonder AB	25,000	0.02%	$456K	NEW
78	HITE Hedge Asset Management LLC	24,598	0.02%	$448K	-20,298 (-45.2%)
79	Aberdeen Group plc	23,344	0.02%	$425K	-37,799 (-61.8%)
80	SBI Securities Co., Ltd.	21,807	0.02%	$397K	+18,383 (+536.9%)
81	Marex Group Ltd	21,029	0.02%	$383K	NEW
82	Harbour Capital Advisors, LLC	20,450	0.02%	$330K	+3,250 (+18.9%)
83	AIA Group Ltd	20,123	0.02%	$367K	—
84	Jefferies Financial Group Inc.	19,713	0.02%	$359K	NEW
85	Advisors Asset Management, Inc.	18,657	0.01%	$340K	+1,635 (+9.6%)
86	M&T Bank Corp	18,554	0.01%	$338K	-21,575 (-53.8%)
87	Athena Wealth Management, LLC	18,318	0.01%	$334K	NEW
88	Leonteq Securities AG	15,911	0.01%	$290K	+6,078 (+61.8%)
89	Pekin Hardy Strauss, Inc.	15,000	0.01%	$273K	NEW
90	Almanack Investment Partners, LLC.	14,240	0.01%	$259K	NEW
91	Headlands Technologies LLC	12,821	0.01%	$234K	NEW
92	Graham Capital Management, L.P.	12,730	0.01%	$232K	NEW
93	SIMPLEX TRADING, LLC	12,049	0.01%	$220K	NEW
94	Fosun International Ltd	11,633	0.01%	$212K	-124,457 (-91.5%)
95	Knollwood Investment Advisory, LLC	10,000	0.01%	$58K	-86,346 (-89.6%)
96	Federation des caisses Desjardins du Quebec	9,423	0.01%	$172K	+2,376 (+33.7%)
97	WELLS FARGO & COMPANY/MN	7,729	0.01%	$141K	-161,071 (-95.4%)
98	VANGUARD ASSET MANAGEMENT, Ltd	6,112	0.00%	$111K	-14,230 (-70.0%)
99	Walleye Trading LLC	5,649	0.00%	$103K	NEW
100	JTC Employer Solutions Trustee Ltd	5,387	0.00%	$98K	-5,387 (-50.0%)
101	Tower Research Capital LLC (TRC)	3,397	0.00%	$62K	+1,955 (+135.6%)
102	Banque Cantonale Vaudoise	2,330	0.00%	$42K	NEW
103	RHUMBLINE ADVISERS	1,668	0.00%	$30K	+1,172 (+236.3%)
104	BESSEMER GROUP INC	1,600	0.00%	$29K	-725 (-31.2%)
105	OSAIC HOLDINGS, INC.	1,126	0.00%	$21K	-1,025 (-47.7%)
106	Dauntless Investment Group, LLC	1,100	0.00%	$20K	NEW
107	Nykredit A/S	1,018	0.00%	$19K	NEW
108	Strive Financial Group ,LLC	927	0.00%	$17K	—
109	Rockefeller Capital Management L.P.	643	0.00%	$12K	+143 (+28.6%)
110	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	631	0.00%	$11K	-93,247 (-99.3%)
111	US BANCORP \DE\	532	0.00%	$10K	—
112	BlackRock, Inc.	532	0.00%	$10K	-59,821 (-99.1%)
113	Stone House Investment Management, LLC	476	0.00%	$9K	+430 (+934.8%)
114	ASSETMARK, INC	388	0.00%	$7K	+339 (+691.8%)
115	Smartleaf Asset Management LLC	340	0.00%	$5K	—
116	EverSource Wealth Advisors, LLC	273	0.00%	$5K	+235 (+618.4%)
117	TD Waterhouse Canada Inc.	250	0.00%	$5K	NEW
118	Farther Finance Advisors, LLC	239	0.00%	$4K	+79 (+49.4%)
119	JONES FINANCIAL COMPANIES LLLP	208	0.00%	$3K	+129 (+163.3%)
120	Allworth Financial LP	200	0.00%	$4K	NEW
121	NATIONAL BANK OF CANADA /FI/	150	0.00%	$3K	+142 (+1775.0%)
122	ARMSTRONG ADVISORY GROUP, INC	142	0.00%	$3K	—
123	Arax Advisory Partners	81	0.00%	$1K	NEW
124	NISA INVESTMENT ADVISORS, LLC	58	0.00%	$1K	+2 (+3.6%)
125	FIDUCIARY FINANCIAL ADVISORS	52	0.00%	$947	NEW
126	Parallel Advisors, LLC	39	0.00%	$711	NEW
127	Silver Grove Financial Group, Inc.	33	0.00%	$601	NEW
128	Bell Investment Advisors, Inc	20	0.00%	$365	—

Exited since 2026-03-31 (38 filers; largest 25 shown)

Carrhae Capital LLP	−1,568,343
VANGUARD FIDUCIARY TRUST CO	−841,059
Ghisallo Capital Management LLC	−600,000
Allianz Asset Management GmbH	−390,127
CVFG LLC	−186,930
JANUS HENDERSON GROUP PLC	−98,352
NAVELLIER & ASSOCIATES INC	−92,835
Holocene Advisors, LP	−87,523
Weiss Asset Management LP	−86,700
XTX Topco Ltd	−68,288
SG Americas Securities, LLC	−41,159
Qube Research & Technologies Ltd	−31,490
Themes Management Co LLC	−31,346
PEAK6 LLC	−23,314
China Universal Asset Management Co., Ltd.	−20,000
Verition Fund Management LLC	−17,873
Eschler Asset Management LLP	−17,300
Redwood Wealth Management Group, LLC	−16,340
PRELUDE CAPITAL MANAGEMENT, LLC	−15,000
XY Capital Ltd	−14,060
Brevan Howard Capital Management LP	−13,474
Caitong International Asset Management Co., Ltd	−12,819
Gruss & Co., LLC	−10,000
ROYAL BANK OF CANADA	−5,263
Eurizon Capital SGR S.p.A.	−3,946

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
FMR LLC	SCHEDULE 13G/A	2026-05-06	2026-03-31	5,453,873.54	4.2%
Abigail P. Johnson	SCHEDULE 13G/A	2026-05-06	2026-03-31	5,453,873.54	4.2%
Lightspeed China Partners III GP, LLC	SCHEDULE 13G/A	2025-10-23	2025-09-30	3,234,448	2.1%
Guangyi HS Holding Limited	SCHEDULE 13G/A	2025-10-23	2025-09-30	171,795	0.1%
Lightspeed China Partners Select I GP, LLC	SCHEDULE 13G/A	2025-10-23	2025-09-30	1,751,282	1.1%
Lightspeed China Partners Select I, L.P.	SCHEDULE 13G/A	2025-10-23	2025-09-30	1,751,282	1.1%
Aibao Chai	SCHEDULE 13G/A	2025-10-23	2025-09-30	85,897.5	0.1%
James Qun Mi	SCHEDULE 13G/A	2025-10-23	2025-09-30	2,492,865	1.6%
Lightspeed China Partners III, L.P.	SCHEDULE 13G/A	2025-10-23	2025-09-30	3,234,448	2.1%
Hubei Xiaomi Changjiang Industrial Investment Fund Management Co., Ltd.	SCHEDULE 13G/A	2025-10-02	2025-09-30	2,149,230	1.38%
Xiaomi Corporation	SCHEDULE 13G/A	2025-10-02	2025-09-30	5,032,680	3.22%
Shanghai Ziyue Enterprise Management Consulting Partnership (Limited Partnership)	SCHEDULE 13G/A	2025-10-02	2025-09-30	2,149,230	1.38%
Fast Pace Limited	SCHEDULE 13G/A	2025-10-02	2025-09-30	2,883,450	1.85%
Robert Bosch Industrieteuhand KG	SCHEDULE 13G/A	2025-08-11	2025-06-30	0	0%
Robert Bosch GmbH	SCHEDULE 13G/A	2025-08-11	2025-06-30	0	0%
Lightspeed Ultimate General Partner Opportunity Fund, Ltd.	SCHEDULE 13G/A	2025-05-15	2025-03-31	0	0%
Arif Janmohamed	SCHEDULE 13G/A	2025-05-15	2025-03-31	0	0%
Lightspeed Opportunity Fund, L.P.	SCHEDULE 13G/A	2025-05-15	2025-03-31	0	0%
Ravi Mhatre	SCHEDULE 13G/A	2025-05-15	2025-03-31	0	0%
Lightspeed General Partner Opportunity Fund, L.P.	SCHEDULE 13G/A	2025-05-15	2025-03-31	0	0%
Fermat Star Limited	SCHEDULE 13D	2025-04-30	2025-04-24	9,228,622	7%
ALBJ Limited	SCHEDULE 13D	2025-04-30	2025-04-24	8,879,636	6.7%
Kai Sun	SCHEDULE 13D	2025-04-30	2025-04-24	27,163,892	20.5%
Shaoqing Xiang	SCHEDULE 13D	2025-04-30	2025-04-24	27,163,892	20.5%
Galbadia Limited	SCHEDULE 13D	2025-04-30	2025-04-24	8,890,603	6.7%
Yifan Li	SCHEDULE 13D	2025-04-30	2025-04-24	27,163,892	20.5%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.