Quantitative Systematic Strategies’s ZTO Express ZTO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-46,983	Closed	-$1.1M	–	562
2019 Q4	$1.1M	Buy	46,983 +17,104	+57%	+$370K	0.16%	201
2019 Q3	$637K	Buy	29,879 +14,885	+99%	+$299K	0.15%	192
2019 Q2	$287K	Sell	14,994 -857	-5%	-$16.1K	0.05%	340
2019 Q1	$290K	Sell	15,851 -31,189	-66%	-$571K	0.07%	257
2018 Q4	$745K	Buy	47,040 +34,198	+266%	+$551K	0.17%	199
2018 Q3	$213K	Sell	12,842 -48,877	-79%	-$941K	0.04%	512
2018 Q2	$1.23M	Buy	61,719 +13,961	+29%	+$252K	0.23%	149
2018 Q1	$716K	Buy	47,758 +20,774	+77%	+$326K	0.15%	226
2017 Q4	$428K	Sell	26,984 -93,577	-78%	-$1.47M	0.11%	310
2017 Q3	$1.69M	Sell	120,561 -9,867	-8%	-$142K	0.45%	68
2017 Q2	$1.83M	Buy	130,428 +108,188	+486%	+$1.49M	0.47%	78
2017 Q1	$291K	Buy	22,240 +5,021	+29%	+$65K	0.08%	267
2016 Q4	$214K	Buy	+17,219	New	+$248K	0.09%	270