EHang Holdings
90 hedge funds and large institutions have $327M invested in EHang Holdings in 2025 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 7 closing their positions.
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
50% more capital invested
Capital invested by funds: $218M → $327M (+$108M)
30% more funds holding
Funds holding: 69 → 90 (+21)
2.02% more ownership
Funds ownership: 15.74% → 17.76% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
57% less call options, than puts
Call options by funds: $52.7M | Put options by funds: $121M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kadensa Capital
Central,
Hong Kong
|
+$13.2M |
| 2 |
Morgan Stanley
New York
|
+$12.8M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$11.6M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$11.3M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.5M |
| 2 |
Jane Street
New York
|
-$6.5M |
| 3 |
Millennium Management
New York
|
-$4.38M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
-$4.27M |
| 5 |
APW
Axim Planning & Wealth
Springboro,
Ohio
|
-$3.29M |
EH Hedge Fund Activity: Q1 2025 in Review
90 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in EHang Holdings (EH) for Q1 2025, worth a combined $327M — up 50% from $218M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new EH positions and 7 closed out — a net gain of 21 holders — while 23 added to existing stakes and 28 trimmed.
The largest buyer was Kadensa Capital, adding an estimated $13.2M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $15.5M sold.
- 90 institutional investors held EHang Holdings (EH) as of Q1 2025, up from 69 in Q4 2024.
- Funds reported $327M of EHang Holdings stock for Q1 2025, up 50% quarter-over-quarter.
- 28 funds opened new EHang Holdings positions in Q1 2025 and 7 closed out, a net change of +21 holders.
- The largest EHang Holdings buyer in Q1 2025 was Kadensa Capital, an estimated $13.2M added.
- The largest EHang Holdings seller in Q1 2025 was Susquehanna International Group, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2025.