undamentalytics Newsletter

Hesai Group: which funds bought and sold

Institutions that bought and sold Hesai Group shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 82 institutions that filed 13F reports for both quarters added to or opened positions in Hesai Group, and 65 cut or closed them. Together they sold a net 5.8M shares, −13.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 6.1M shares (−27.2%); index fund managers were net sellers of 3.6M shares (−87.9%). 29 opened a new position and 34 sold out entirely.

Bought, Q2 2026 82 institutions, 29 of them new holders Sold, Q2 2026 65 institutions, 34 of them sold out
Net change, all compared −5.8M shares (−13.7%)
Net change, active managers −6.1M shares (−27.2%), 10 bought, 16 sold

Buyers versus sellers

institutions compared, 159
Active managers and hedge funds 10 bought · 16 sold · −6.1M
Index fund managers 3 bought · 3 sold · −3.6M
Other institutions 69 bought · 46 sold · +3.8M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Manufacturers Life Insurance Company, The +962K +346.2% 1.2M $22.6M
Jpmorgan Chase & Co +857K +14298.1% 863K $13.6M
Broad Peak Investment Advisers Pte Ltd +484K +56.0% 1.3M $24.6M
UBS Group AG +445K +23.8% 2.3M $42.2M
Liontrust Investment Partners LLP Active manager +407K +246.8% 571K $10.4M
Goldman Sachs Group Inc +301K +85.3% 654K $11.9M
Point72 Asset Management, L.P. Hedge fund +265K New position 265K $4.8M
Healthcare Of Ontario Pension Plan Trust Fund +254K New position 254K $4.6M
Nordea Investment Management AB +251K +42.1% 847K $15.4M
Citadel Advisors LLC Hedge fund +237K +273.8% 324K $5.9M
Morgan Stanley +228K +67.9% 564K $10.3M
Wexford Capital LP +211K +26.3% 1.0M $18.4M
Trexquant Investment LP Hedge fund +205K +559.4% 241K $4.4M
Maxi Investments Cy Ltd +185K +75.5% 431K $7.9M
Maytree Asset Management Ltd +158K New position 158K $2.9M
Imc-Chicago, LLC +127K +248.5% 179K $3.3M
Fideuram Asset Management (Ireland) Dac +124K New position 124K $2.4M
Cambridge Investment Research Advisors, Inc. +121K New position 121K $2.2M
Susquehanna International Group, LLP +112K +66.2% 281K $5.1M
State Street Corp Index funds +110K +38.6% 396K $7.2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Vanguard Capital Management LLC Index funds −2.9M −97.5% 73K $1.3M
FMR LLC Active manager −1.8M −48.0% 1.9M $34.9M
Carrhae Capital LLP Hedge fund −1.6M Sold out 0 —
Wellington Management Group LLP Active manager −1.4M −90.1% 158K $2.9M
Vanguard Fiduciary Trust Co Index funds −841K Sold out 0 —
Schroder Investment Management Group Active manager −826K −10.4% 7.1M $112M
Ghisallo Capital Management LLC Hedge fund −600K Sold out 0 —
D. E. Shaw & Co., Inc. Hedge fund −493K −74.1% 173K $3.1M
Artisan Partners Limited Partnership Active manager −285K −27.7% 746K $13.6M
Sapient Capital LLC −262K −36.9% 448K $8.2M
Cvfg LLC −187K Sold out 0 —
Wells Fargo & Company −161K −95.4% 7,729 $140,822
Deutsche Bank Ag\ −129K −6.4% 1.9M $34.2M
Fosun International Ltd −124K −91.5% 12K $211,953
Citigroup Inc −120K −72.5% 46K $830,103
Fil Ltd Active manager −110K −5.7% 1.8M $33M
DZ Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main −93K −99.3% 631 $11,497
Navellier & Associates Inc −93K Sold out 0 —
First Trust Bank, Ltd. −91K −50.0% 91K $1.7M
Holocene Advisors, LP Hedge fund −88K Sold out 0 —

New positions

largest by value

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Carrhae Capital LLPHedge fund 1.6M $30M
Vanguard Fiduciary Trust CoIndex funds 841K $16.1M
Ghisallo Capital Management LLCHedge fund 600K $11.5M
Cvfg LLC 187K $3.6M
Navellier & Associates Inc 93K $1.8M
Holocene Advisors, LPHedge fund 88K $1.7M
Xtx Topco Ltd 68K $1.3M
SG Americas Securities, LLC 41K $787,000
Qube Research & Technologies LtdHedge fund 31K $602,089
Themes Management Co LLC 31K $599,336

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
130
Ten largest holders
56.3%
of 13F-reported shares
Index fund managers
1.3%
of 13F-reported shares
Active managers and hedge funds
43.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 10 16 3 6 −6.1M −27.2%
Index fund managers 3 3 0 1 −3.6M −87.9%
Other institutions 69 46 26 27 +3.8M +23.8%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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