Institutional investors boost stakes in Saia Inc. and Hesai Group

Militia Capital Management LLC acquired a new position of 6,060 shares in Saia Inc., valued at about $2.13 million, according to the company's latest 13F filing. The filing also noted that other funds such as AQR Capital Management, Jones Financial Companies, the California Public Employees Retirement System, Qube Research & Technologies, and Frontier Capital Management adjusted their holdings in Saia during the first and second quarters.

Sapient Capital LLC purchased 710,125 shares of Hesai Group Sponsored ADR for roughly $13.57 million, representing about 0.51 % of the company’s outstanding stock. The filing listed additional investors, including Bessemer Group, Legal & General Group, Blue Trust, SBI Securities, and Summit Securities, that altered their positions in Hesai during the year. Analyst coverage for both companies showed mixed rating changes, with several firms issuing buy or hold recommendations.

These filings illustrate ongoing hedge‑fund activity in the transportation and lidar technology sectors, reflecting investors’ interest in growth opportunities across logistics and autonomous‑vehicle technologies.