Kadensa Capital’s ZTO Express ZTO Stock Holding History

Kadensa Capital’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
2025 Q2	–	Sell	-49,044	Closed	-$973K	–	71
2025 Q1	$973K	Buy	+49,044	New	+$957K	0.12%	57
2022 Q4	–	Sell	-165,191	Closed	-$3.97M	–	32
2022 Q3	$3.97M	Sell	165,191 -202,994	-55%	-$5.29M	1.3%	17
2022 Q2	$10.1M	Sell	368,185 -216,821	-37%	-$5.55M	3.84%	11
2022 Q1	$14.6M	Buy	585,006 +476,185	+438%	+$13.4M	7.46%	7
2021 Q4	$3.07M	Buy	+108,821	New	+$3.25M	0.94%	19
2021 Q2	–	Sell	-259,965	Closed	-$7.58M	–	21
2021 Q1	$7.58M	Buy	259,965 +24,262	+10%	+$792K	3.91%	7
2020 Q4	$6.87M	Sell	235,703 -13,167	-5%	-$387K	2.68%	11
2020 Q3	$7.45M	Buy	+248,870	New	+$8.49M	2.84%	9
2020 Q2	–	Sell	-417,165	Closed	-$11M	–	17
2020 Q1	$11M	Buy	+417,165	New	+$10.1M	5.27%	5

Other funds holding ZTO

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Temasek Holdings Singapore $30.5B AUM 13.98% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

SCMS

Serenity Capital Management (Singapore) Singapore $414M AUM 16.41% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

PIM

Platinum Investment Management Sydney Australia 2000, Australia $397M AUM 63.96% 1-Year Est. Return

Kadensa Capital's ZTO Position: Q2 2025 in Review

Kadensa Capital sold out of ZTO Express (ZTO) in Q2 2025, closing a stake of 49,044 shares — an estimated $973K sold.

Kadensa Capital first reported a position in ZTO in Q1 2020 and held it in 9 quarters. The position peaked at $14.6M in Q1 2022. 182 funds tracked by Wall St. Rank hold ZTO as of Q2 2025.

Kadensa Capital reported no remaining ZTO Express position as of Q2 2025 after selling out during the quarter.
Kadensa Capital sold 49,044 ZTO Express shares in Q2 2025, an estimated $973K.
Kadensa Capital first reported a position in ZTO Express in Q1 2020 and held it in 9 quarters.
Kadensa Capital's ZTO Express position peaked at $14.6M in Q1 2022.
182 funds tracked by Wall St. Rank held ZTO Express as of Q2 2025.

Based on Kadensa Capital's 13F filing for Q2 2025, filed 14 Aug 2025.