XPULSE

Stock

Ownership

What changed

Latest disclosures

% of Class A · checked through 3 Oct 2026
Holder · event dateLongClass AShortLong since 30 Jun
BlackRock29 Sep 2026Long 88.54m5.64%Short 3.95msince Jun +7.07m

Event 29 Sep 2026 · filed 2 Oct 2026 · HKEX notice

LongShort
Total88,536,2643,952,664
Since 28 Sep 2026−5.55m−0.24m
Since 30 Jun 2026+7.07m+0.45m
Held as
Controlled corporations88,536,2643,952,664
Of which through derivatives
Unlisted, cash settled927,7643,750,048

Compared with the 30 Jun 2026 disclosure.

JPMorgan22 Sep 2026 · below 5%, last disclosedLong 77.47m4.93%Short 55.80msince Jun −33.76m

Event 22 Sep 2026 · filed 25 Sep 2026 · HKEX notice

LongShort
Total77,473,95055,796,024
Since 21 Sep 2026−1.16m−1.09m
Since 30 Jun 2026−33.76m−32.42m
Held as
Beneficial owner49,149,39251,742,234
Investment manager1,300,3654,053,790
Security interest248,3680
Trustee28,2520
Lending pool26,747,5730
Of which through derivatives
Listed, physically settled779,8104,001,320
Listed, cash settled486,8381,052,814
Unlisted, physically settled4,064,17112,031,513
Unlisted, cash settled22,073,72612,989,703

JP Morgan Chase & Co. ceased to have a notifiable interest in the shares. Class A shares in issue at the event: 1,569,970,852.

Compared with the 30 Jun 2026 disclosure.

Volkswagen17 Sep 2026 · holding unchangedLong 94.08m5.99%Short —since Jun —

Event 17 Sep 2026 · filed 22 Sep 2026 · HKEX notice

LongShort
Total94,079,255—
Since 30 Jun 2026—Not comparable
Held as
Controlled corporations94,079,255—

Box 16: Munich, Stuttgart, Dusseldorf, Hamburg and Hanover stock exchanges and Tradegate Exchange. Box 17: Passive dilution of the shareholder's interest in class A ordinary shares of XPeng Inc. (the "Company") due to the issue of 2,538,770 new class A ordinary shares by the Company. Further details are set out in the next day disclosure return of the Company dated 17 September 2026.

Compared with the 30 Jun 2026 disclosure.

Quarterly changes

31 Mar → 30 Jun 2026

Increases

Morgan Stanley+8.28m10.90m → 19.17m
31 Mar 202630 Jun 2026
ADSs5,448,8739,586,523
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as MORGAN STANLEY · CIK 895421 · latest filing 13 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Citadel Advisors+5.45m2.63m → 8.07m
31 Mar 202630 Jun 2026
ADSs1,313,9104,036,718
Calls on, ADSs1,870,700957,400
Puts on, ADSs1,686,8002,521,300
FilingFilingFiling

Filed as CITADEL ADVISORS LLC · CIK 1423053 · latest filing 2 Sep 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Susquehanna+3.71m3.64m → 7.34m
31 Mar 202630 Jun 2026
ADSs1,819,4533,671,997
Calls on, ADSs6,409,3008,439,100
Puts on, ADSs2,665,7002,271,900
FilingFilingFiling

Filed as SUSQUEHANNA INTERNATIONAL GROUP, LLP · CIK 1446194 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Decreases

Goldman Sachs−11.13m15.67m → 4.54m
31 Mar 202630 Jun 2026
ADSs7,837,1662,272,316
Calls on, ADSs500,000500,000
Puts on, ADSs500,000500,000
FilingFilingFiling

Filed as GOLDMAN SACHS GROUP INC · CIK 886982 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Temasek−2.39m2.39m → 0
31 Mar 202630 Jun 2026
ADSs1,194,5380
Calls on, ADSs0—
Puts on, ADSs0—
FilingFilingFiling

Filed as Temasek Holdings (Private) Ltd · CIK 1021944

Security omitted in other period filing; not proof of a purchase/sale

No XPeng line in June collection; see source-presence status.

Marshall Wace−1.95m2.18m → 0.23m
31 Mar 202630 Jun 2026
ADSs1,091,567116,825
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as MARSHALL WACE, LLP · CIK 1318757 · latest filing 13 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Reported New York ADSs × 2 · filings reviewed through 2 Oct 2026

Control & strategic stakes

30 Jun 2026

He Xiaopeng

Share ownership18.8%
Voting power69.2%

Strategic stakes · 30 Jun 2026

Volkswagen4.91%94.08m Class A shares

Volkswagen Finance Luxemburg: 94,079,255 Class A shares; the same group stake is counted once. Source

Alibaba3.50%33.54m ADSsADSs only
31 Mar 202630 Jun 2026
ADSs33,537,23233,537,232
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as Alibaba Group Holding Ltd · CIK 1577552 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Class B shares carry ten votes each.

Institutional positions

30 Jun 2026

Hong Kong disclosures

Long and short interests · % of all shares

HolderLongAll sharesShort
JPMorgan111.23m · 5.81%lending pool 26.00m, in longShort 88.22m

Event 30 Jun 2026 · filed 3 Jul 2026 · HKEX notice

LongShort
Total111,232,53888,219,037
Held as
Beneficial owner83,605,91986,183,611
Investment manager1,369,1772,035,426
Security interest231,2140
Trustee28,1060
Lending pool25,998,1220
Of which through derivatives
Listed, physically settled4,031,1585,370,316
Listed, cash settled570,920941,084
Unlisted, physically settled6,177,27616,226,518
Unlisted, cash settled27,598,14818,251,583

Class A shares in issue at the event: 1,567,388,524.

5.81% of all shares.

BlackRock81.47m · 4.25%Short 3.50m

Event 30 Jun 2026 · filed 3 Jul 2026 · HKEX notice

LongShort
Total81,465,4483,503,984
Held as
Controlled corporations81,465,4483,503,984
Of which through derivatives
Unlisted, cash settled937,9183,341,584

4.25% of all shares.

Disclosure histories · including Goldman Sachs

SEC 13F · New York ADSs

127.94m ADSs gross · overlaps possible

227 managers · ADSs / change since 31 Mar

ManagerADSsAll sharesChange · ADSs
Alibaba33.54m3.50% of all shares—
31 Mar 202630 Jun 2026
ADSs33,537,23233,537,232
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as Alibaba Group Holding Ltd · CIK 1577552 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

PRIMECAP Management12.52m1.31% of all shares−0.22m
31 Mar 202630 Jun 2026
ADSs12,732,98712,515,757
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as PRIMECAP MANAGEMENT CO/CA/ · CIK 763212 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

TMT General Partner10.29m1.07% of all shares—
31 Mar 202630 Jun 2026
ADSs10,285,83710,285,837
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as TMT General Partner Ltd · CIK 1847582 · latest filing 28 Jul 2026

Same CIK; change in reported ADS position, not a trade

Morgan Stanley9.59m1.00% of all shares+4.14m
31 Mar 202630 Jun 2026
ADSs5,448,8739,586,523
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as MORGAN STANLEY · CIK 895421 · latest filing 13 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Ghisallo Capital Management7.50m0.78% of all shares—
31 Mar 202630 Jun 2026
ADSs7,500,0007,500,000
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as Ghisallo Capital Management LLC · CIK 1825214 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

UBS Group AG5.58m0.58% of all shares+1.18m
31 Mar 202630 Jun 2026
ADSs4,404,6425,580,085
Calls on, ADSs1,867,14570,000
Puts on, ADSs730,00070,000
FilingFilingFiling

Filed as UBS Group AG · CIK 1610520 · latest filing 13 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Citadel Advisors4.04m0.42% of all shares+2.72m
31 Mar 202630 Jun 2026
ADSs1,313,9104,036,718
Calls on, ADSs1,870,700957,400
Puts on, ADSs1,686,8002,521,300
FilingFilingFiling

Filed as CITADEL ADVISORS LLC · CIK 1423053 · latest filing 2 Sep 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Mirae Asset Global ETFs3.94m0.41% of all shares+0.17m
31 Mar 202630 Jun 2026
ADSs3,771,5253,937,514
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. · CIK 1705339 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Susquehanna3.67m0.38% of all shares+1.85m
31 Mar 202630 Jun 2026
ADSs1,819,4533,671,997
Calls on, ADSs6,409,3008,439,100
Puts on, ADSs2,665,7002,271,900
FilingFilingFiling

Filed as SUSQUEHANNA INTERNATIONAL GROUP, LLP · CIK 1446194 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Primavera Capital Management3.31m0.35% of all shares—
31 Mar 202630 Jun 2026
ADSs3,306,5673,306,567
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as Primavera Capital Management Ltd · CIK 1686305 · latest filing 13 Aug 2026

Same CIK; change in reported ADS position, not a trade

Goldman Sachs2.27m0.24% of all shares−5.56m
31 Mar 202630 Jun 2026
ADSs7,837,1662,272,316
Calls on, ADSs500,000500,000
Puts on, ADSs500,000500,000
FilingFilingFiling

Filed as GOLDMAN SACHS GROUP INC · CIK 886982 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

BlackRock2.23m0.23% of all shares−0.68m
31 Mar 202630 Jun 2026
ADSs2,912,1972,227,970
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as BlackRock, Inc. · CIK 2012383 · latest filing 7 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Bank of America2.16m0.23% of all shares+0.25m
31 Mar 202630 Jun 2026
ADSs1,911,4472,158,140
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as BANK OF AMERICA CORP /DE/ · CIK 70858 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Exchange Traded Concepts1.91m0.20% of all shares+0.44m
31 Mar 202630 Jun 2026
ADSs1,465,5951,907,468
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as EXCHANGE TRADED CONCEPTS, LLC · CIK 1457320 · latest filing 11 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

SIH Partners1.85m0.19% of all shares−0.47m
31 Mar 202630 Jun 2026
ADSs2,325,7941,853,953
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as SIH Partners, LLLP · CIK 1996244 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Legal & General Group PLC1.67m0.17% of all shares+0.69m
31 Mar 202630 Jun 2026
ADSs981,1021,674,182
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as Legal & General Group Plc · CIK 764068 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Barclays PLC1.46m0.15% of all shares+1.15m
31 Mar 202630 Jun 2026
ADSs308,8871,463,039
Calls on, ADSs375,000420,000
Puts on, ADSs150,000150,000
FilingFilingFiling

Filed as BARCLAYS PLC · CIK 312069 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Citigroup1.35m0.14% of all shares+1.05m
31 Mar 202630 Jun 2026
ADSs298,0501,350,191
Calls on, ADSs00
Puts on, ADSs00
FilingFilingFiling

Filed as CITIGROUP INC · CIK 831001 · latest filing 3 Aug 2026

Same CIK; change in reported ADS position, not a trade

Other managers listed; see original filing rows. May overlap another manager report.

Millennium Management1.29m0.13% of all shares+1.17m
31 Mar 202630 Jun 2026
ADSs123,3001,288,529
Calls on, ADSs96,30017,100
Puts on, ADSs20,00043,100
FilingFilingFiling

Filed as MILLENNIUM MANAGEMENT LLC · CIK 1273087 · latest filing 14 Aug 2026

Same CIK; change in reported ADS position, not a trade

Walleye Trading1.21m0.13% of all shares+0.85m
31 Mar 202630 Jun 2026
ADSs353,3831,205,331
Calls on, ADSs947,200840,200
Puts on, ADSs354,100278,300
FilingFilingFiling

Filed as Walleye Trading LLC · CIK 1388391 · latest filing 3 Aug 2026

Same CIK; change in reported ADS position, not a trade

Show all 227 managers

Options: calls on 20.71m · puts on 13.26m ADSs

Fund portfolios

82.55m shares 4.31% of all shares

7 Hang Seng TECH trackers · partial list · share equivalents

CSOP Hang Seng TECH Index ETF32.05m1.67% of all shares

32,047,866 Class A shares · 30 Jun 2026 · Fund interim report

ChinaAMC Hang Seng TECH ETF (QDII), 51318022.75m1.19% of all shares

22,748,900 Class A shares · 30 Jun 2026 · Fund interim report

E Fund Hang Seng TECH ETF (QDII), 51301014.44m0.75% of all shares

14,441,200 Class A shares · 30 Jun 2026 · Fund interim report

iShares Hang Seng TECH ETF6.78m0.35% of all shares

6,783,328 Class A shares · 30 Jun 2026 · Fund interim report

China Universal Hang Seng TECH ETF (QDII), 5132603.13m0.16% of all shares

3,131,900 Class A shares · 30 Jun 2026 · Fund interim report

Hang Seng TECH Index ETF3.10m0.16% of all shares

3,104,535 Class A shares · 30 Jun 2026 · Fund interim report

KraneShares Hang Seng TECH Index ETF0.29m0.02% of all shares

287,700 Class A shares · 30 Jun 2026 · SEC N-PORT

Other fund portfolios

Vanguard Capital Opportunity Fund16.48m0.86% of all shares

8,237,719 ADSs · 30 Jun 2026 · SEC N-PORT

Reported as VANGUARD CAPITAL OPPORTUNITY FUND

College Retirement Equities Fund - Total Global Stock Account4.32m0.23% of all shares

4,323,200 Class A shares · 30 Jun 2026 · SEC N-PORT

Hang Seng China Enterprises Index ETF3.65m0.19% of all shares

3,654,900 Class A shares · 30 Jun 2026 · Fund interim report

Baron Emerging Markets Fund1.89m0.10% of all shares

946,973 ADSs · 30 Jun 2026 · SEC N-PORT

State Street(R) SPDR(R) Portfolio Emerging Markets ETF1.60m0.08% of all shares

1,595,430 Class A shares · 30 Jun 2026 · SEC N-PORT

All 68 long-position observations
Two reported fund shorts
Blackstone Alternative Multi-Strategy Fund71,800<0.01% of all shares

35,900 ADSs · 30 Jun 2026 · SEC N-PORT

Acap Strategic Fund3.22m0.17% of all shares

1,609,520 ADSs · 30 Jun 2026 · SEC N-PORT

Reported as ACAP Strategic Fund

Share structure & capital

As of 31 Aug 2026

1,916.1m shares in issue

+9.6m (+0.5%) in 12 months · 1 ADS = 2 Class A shares

Share form · 31 Mar 2026

Founder’s Class B18.2%348.71m shares
Class A held as ADSs22.5%430.37m shares
Other Class A59.3%1,134.78m shares
Buyback authority10%No repurchases in H1

Authority is not a purchase.

26 Jun 2026: Buyback mandate renewed. Source

27 Jun 2025: Repurchase mandate approved. Source

Outstanding RSUs51.32mAt 30 Jun 20262.68%

51,322,129 RSUs; not all are future new shares. Unused grant capacity: 153,441,165 shares, separate from awards. Source

Capital events

New shares1.64m24 Jun 2026

RSU settlement issuance. Interim report p.96

1,642,300 shares · Source

New shares0.60m1 Apr 2026

RSU settlement issuance. Interim report p.96

600,000 shares · Source

New shares2.19m25 Mar 2026

RSU settlement issuance. Interim report p.96

2,194,444 shares · Source

New shares7,1704 Feb 2026

RSU settlement issuance. Interim report p.96

7,170 shares · Source

Founder purchase3.10m21 Aug 2025

Founder buys shares in the market. 3,100,000 Class A shares bought on the open market on 20–21 August 2025 at an average HK$80.49, through Galaxy Dynasty. Existing shares changing hands: no new shares, no dilution.

3,100,000 shares · Source

All 13 capital events
New shares4.64m13 Aug 2024

Further shares issued to DiDi. The start-of-production closing under the DiDi agreement, as the MONA M03 went on sale. More may follow on further milestones.

4,636,447 shares · Source

New shares94.08m6 Dec 2023

Shares issued to Volkswagen. 4.99% of the shares then outstanding, for US$705.6m, under the July 2023 share purchase agreement.

94,079,255 shares · Source

New shares58.16m13 Nov 2023

Shares issued to DiDi. Consideration for DiDi's smart auto development business at the initial closing — shares, not cash.

58,164,217 shares · Source

Share conversion61.14m2022

Class B shares converted on a director's resignation. 61,137,879 Class B shares held by an executive director became Class A one for one when his resignation took effect. Class B has stood at 348,708,257 since. The share count did not change; the votes did.

61,137,879 shares · Source

New shares97.08m7 Jul 2021

Hong Kong listing. Global offering at HK$165 per share; net proceeds HK$15.82bn.

97,083,300 shares · Source

Share conversion198.62m7 Jul 2021

Class B and Class C shares converted at the Hong Kong listing. 20,000,000 Class B shares held by an executive director who left the board at the listing, and all 178,618,464 Class C shares, became Class A one for one. The share count did not change; the votes attached to those shares did.

198,618,464 shares · Source

New shares110.40m14 Dec 2020

New York follow-on offering. 55,200,000 ADSs, the over-allotment option fully exercised; net proceeds US$2,444.9m.

110,400,000 shares · Source

New shares229.39mAug 2020

New York IPO. 114,693,333 ADSs at US$15.00 each, the over-allotment option fully exercised; net proceeds US$1,655.7m.

229,386,666 shares · Source

Details & sources

Holder percentages use 1,916,096,781 Class A and Class B shares in issue at 30 Jun 2026, independently of the latest monthly share-count headline. Issued shares include shares held for awards; outstanding shares can exclude them. Latest notices use their own Class A denominator. The share-form bar uses March counts throughout: 1,913,854,481 issued shares, 430,369,056 underlying ADS shares and 348,708,257 Class B shares. Share form is not holder geography.

Hong Kong disclosures describe legal interests, including client business, controlled corporations, lending and derivatives. A lending pool is included in long interests. Long and short positions are never netted. Below 5%, routine substantial-shareholder notices may cease until a new disclosure obligation arises. Latest figures are last disclosed interests, not live holdings. Volkswagen’s Porsche-chain notices cover the same stake, counted once. Its latest percentage change reflects dilution, not a sale.

SEC 13F covers qualifying managers worldwide and reportable securities, including ADS longs and certain options. It does not show stock shorts or a manager’s complete XPeng stake. The 227 reporters include 221 with ADSs and six with options only. The gross total may overlap across managers; it is not a unique institutional-ownership total. Option figures are underlying ADS quantities, not additional shares or net exposure. Amendments are applied through 2 Oct 2026.

Quarterly changes rank the three largest increases and decreases by absolute change in ADSs × 2, comparing the same CIK. Missing filings remain missing; an omitted position in an available filing is zero reported. Changes do not establish trades. Bank and trading-firm positions can include client and hedging business. Filed names, exact counts and sources are in the row expansions.

The three scopes are never added or ranked together. Funds may be included within manager disclosures. Only portfolios dated 30 Jun 2026 appear in the fund view; coverage is partial. Norges Bank / Government Pension Fund Global separately reports 0.91% ownership and 0.35% voting rights at 30 Jun 2026, without a share count. Source

Founder control excludes unvested awards. Both bars use a 0–100% scale. Class B has ten votes per share, except reserved matters with one vote. No June ADS-program count or separate outstanding company-option count has been verified. Unused grant capacity and outstanding RSUs are separate and are not forecasts of new issuance.

Core sources: Interim report · Form 20-F · March monthly return.

Share-count headline: 1,916,140,339 shares at 31 Aug 2026. Monthly returns: Aug 2026 · Aug 2025.

Founder control: 30 Jun 2026 · Company disclosure.

Other disclosed directors and executives

Fang Qu11,55030 Jun 2026

Director issued shares · No separately stated short amount is not evidence of a zero short exposure. · Source

Donghao Yang9,07230 Jun 2026

Director issued shares · July vesting is a subsequent event, not June ownership. · Source

Hongdi Brian Gu37.16m31 Mar 2026

SEC beneficial ownership; may include rights exercisable within 60 days · Earlier observation; absence from June director table does not mean zero. · Source

Fengying Wang1.65m1 Apr 2026

Form 4 actual Class A shares after RSU vesting · Latest pre-June Form 4 observation; dated April 1. Annual report March beneficial ownership included the shares vesting within 60 days. · Source

Jiaming (James) Wu81,11631 Mar 2026

SEC beneficial ownership; may include rights exercisable within 60 days · Earlier observation; not silently carried forward as June. · Source