Red Cedar Management’s ZTO Express ZTO Stock Holding History

Red Cedar 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
2020 Q1	–	Sell	-250,000	Closed	-$5.84M	–	30
2019 Q4	$5.84M	Buy	250,000 +20,000	+9%	+$432K	5.08%	11
2019 Q3	$4.91M	Hold	230,000	–	–	5.27%	10
2019 Q2	$4.4M	Buy	230,000 +55,000	+31%	+$1.03M	4.23%	11
2019 Q1	$3.2M	Buy	+175,000	New	+$3.21M	3.32%	16
2018 Q4	–	Sell	-200,000	Closed	-$3.31M	–	16
2018 Q3	$3.31M	Buy	+200,000	New	+$3.85M	3.34%	12

Other funds holding ZTO

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Warburg Pincus New York $343M AUM 18.86% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

PIM

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

PCM

Prime Capital Management Hong Kong $891M AUM 83.14% 1-Year Est. Return

GCCM

Green Court Capital Management Hong Kong $108M AUM 15.79% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Red Cedar Management's ZTO Position: Q1 2020 in Review

Red Cedar Management sold out of ZTO Express (ZTO) in Q1 2020, closing a stake of 250,000 shares — an estimated $5.84M sold.

Red Cedar Management first reported a position in ZTO in Q3 2018 and held it in 5 quarters. The position peaked at $5.84M in Q4 2019. 244 funds tracked by Wall St. Rank hold ZTO as of Q1 2020.

Red Cedar Management reported no remaining ZTO Express position as of Q1 2020 after selling out during the quarter.
Red Cedar Management sold 250,000 ZTO Express shares in Q1 2020, an estimated $5.84M.
Red Cedar Management first reported a position in ZTO Express in Q3 2018 and held it in 5 quarters.
Red Cedar Management's ZTO Express position peaked at $5.84M in Q4 2019.
244 funds tracked by Wall St. Rank held ZTO Express as of Q1 2020.

Based on Red Cedar Management's 13F filing for Q1 2020, filed 15 May 2020.