Yatsen Holding Limited: 5%+ holders

As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Yatsen Holding Limited. The largest reported stake is Veritas Vision Holding Limited's, at 34.3%. 3 filings are on record since August 13, 2025 (Schedule 13G/A, February 12, 2026).

Sell to companies like Yatsen Holding Limited? Enter your website and see 10 with a filed reason to buy from you this month. Free.

Your website Find my buyers

Opens in a new tab. No signup.

Key facts

• Filing 2026-02-12 · Reporting person: Veritas Vision Holding Limited · Sole voting: 643,671,174 · Shared voting: 0 · Sole dispositive: 643,671,174 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-02-12
• Filing 2025-11-14 · Reporting person: Banyan Partners Fund III, L.P. · Sole voting: 0 · Shared voting: 12,383,206 · Sole dispositive: 0 · Shared dispositive: 12,383,206 · SCHEDULE 13G/A, 2025-11-14
• Filed 2025-08-13 · Holder: Banyan Partners III Ltd. · Percent: 5.2% · SCHEDULE 13G/A

Yatsen Holding Limited has 3 Schedule 13D or 13G filings on record since 2025-08-13. 1 holder's latest filing reports 5% or more of class a ordinary shares, us$0.00001 par value per share. Each figure below is the holder's own, as filed, with the filing linked.

Holders

Swipe the table sideways to see every column.

Holding shares or following this stake? See who's behind Yatsen Holding Limited and the warning signs.

See Yatsen Holding Limited's free Snapshot Watch Yatsen Holding Limited: email me the next time it files something

Free to see. No signup.

Want the whole picture on Yatsen Holding Limited?

Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News

A Full Report on Yatsen Holding Limited: verified, sourced, every claim cited, ready in a few minutes. See pricing.

What the Full Report on Yatsen Holding Limited covers

1. The Short Answer

2. Which Company This Is

3. What They Do, And How The Money Works

4. Who Runs It, And How To Reach Them

5. The Money: Funding, Valuation, Runway

6. Who Pays Them, And Who They Are Up Against

7. Warning Bells

8. Sources

   3 cited sources found

Plus the sections for what you are deciding, which you pick after ordering.

Order Full ReportSee a sample report

A real finished report, first screen. Opens in a new tab.

Voting and dispositive power, as filed

Swipe the table sideways to see every column.

The latest filing names Yatsen Holding Limited, with its principal executive office as Floor 39, Poly Development Plaza, No. 832 Yue Jiang Zhong Road, GUANGZHOU (SCHEDULE 13G/A, 2026-02-12).

What the percentages are based on

See Row (11) of each cover page. The percent of class for each Reporting Person is obtained by dividing (i) the total Class A ordinary shares beneficially owned by such Reporting Person as of December 31, 2025 on an as-converted basis, by (ii) the total Class A ordinary shares of the Issuer outstanding as of December 31, 2025, on an as-converted basis.Veritas Vision Holding Limited, SCHEDULE 13G/A, 2026-02-12

Banyan Partners Fund III, L.P. beneficially owns 1.0% of the outstanding Class A ordinary shares, 0.7% of the total outstanding ordinary shares and 0.09% of the aggregate voting power. Banyan Partners Fund III-A, L.P. beneficially owns 0.2% of the outstanding Class A ordinary shares, 0.1% of the total outstanding ordinary shares and 0.02% of the aggregate voting power.Banyan Partners III Ltd., SCHEDULE 13G/A, 2025-11-14

Timeline

Swipe the table sideways to see every column.

Questions about who owns Yatsen Holding Limited

Who owns Yatsen Holding Limited?

On this page, one holder's latest ownership filing reports 5% or more of Yatsen Holding Limited: Veritas Vision Holding Limited (34.3%, Schedule 13G/A, filed 2026-02-12).

When did Veritas Vision Holding Limited buy into Yatsen Holding Limited?

The filings give report dates, not purchase dates. The earliest filing from Veritas Vision Holding Limited on this page is the Schedule 13G/A, filed 2026-02-12, reporting 34.3%. That earliest filing is itself an amendment, which updates an earlier report.

Is this an audit or a full list?

Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 3 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.

Tools for this story

Each opens in a new tab, filled in for Yatsen Holding Limited. With no account yet, you sign up free and land on the result.

• Get an alert when Yatsen Holding Limited is mentioned again
• Find former Yatsen Holding Limited employees to interview
• Verify a claim or statistic

Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

All recent stakesThat week's stakes