HCEP Management’s ZTO Express ZTO Stock Holding History

HCEP Management’s Portfolio ZTO Stock Details ZTO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-975,000	Closed	-$27.9M	–	14
2023 Q1	$27.9M	Sell	975,000 -25,000	-3%	-$683K	5.53%	6
2022 Q4	$26.9M	Buy	+1,000,000	New	+$23M	6.72%	5
2021 Q3	–	Sell	-1,429,301	Closed	-$43.4M	–	5
2021 Q2	$43.4M	Buy	1,429,301 +403,117	+39%	+$12.4M	34.23%	1
2021 Q1	$29.9M	Sell	1,026,184 -237,477	-19%	-$7.75M	21.96%	2
2020 Q4	$36.8M	Buy	+1,263,661	New	+$37.1M	21.15%	3

Other funds holding ZTO

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

PIM

Platinum Investment Management Sydney Australia 2000, Australia $407M AUM 87.11% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Temasek Holdings Singapore $37.3B AUM 12.6% 1-Year Est. Return

GCCM

Green Court Capital Management Hong Kong $117M AUM 33.34% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

HCEP Management's ZTO Position: Q2 2023 in Review

HCEP Management sold out of ZTO Express (ZTO) in Q2 2023, closing a stake of 975,000 shares — an estimated $27.9M sold.

HCEP Management first reported a position in ZTO in Q4 2020 and held it in 5 quarters. The position peaked at $43.4M in Q2 2021. 239 funds tracked by Wall St. Rank hold ZTO as of Q2 2023.

HCEP Management reported no remaining ZTO Express position as of Q2 2023 after selling out during the quarter.
HCEP Management sold 975,000 ZTO Express shares in Q2 2023, an estimated $27.9M.
HCEP Management first reported a position in ZTO Express in Q4 2020 and held it in 5 quarters.
HCEP Management's ZTO Express position peaked at $43.4M in Q2 2021.
239 funds tracked by Wall St. Rank held ZTO Express as of Q2 2023.

Based on HCEP Management's 13F filing for Q2 2023, filed 11 Aug 2023.