Richard Pzena’s ZTO Express ZTO Stock Holding History

Richard Pzena’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
2026 Q2	$164M	Sell	7,322,331 -138,600	-2%	-$3.3M	0.48%	45
2026 Q1	$188M	Sell	7,460,931 -119,523	-2%	-$2.8M	0.61%	36
2025 Q4	$158M	Sell	7,580,454 -418,953	-5%	-$8.3M	0.47%	40
2025 Q3	$154M	Buy	7,999,407 +376,179	+5%	+$7.2M	0.5%	39
2025 Q2	$135M	Sell	7,623,228 -105,374	-1%	-$1.91M	0.44%	40
2025 Q1	$153M	Sell	7,728,602 -131,683	-2%	-$2.57M	0.54%	39
2024 Q4	$154M	Buy	7,860,285 +820,686	+12%	+$18M	0.52%	38
2024 Q3	$174M	Buy	7,039,599 +1,079,327	+18%	+$22.4M	0.56%	41
2024 Q2	$124M	Buy	5,960,272 +70,527	+1%	+$1.54M	0.43%	43
2024 Q1	$123M	Buy	5,889,745 +4,794,773	+438%	+$91.7M	0.42%	47
2023 Q4	$23.3M	Buy	1,094,972 +34,203	+3%	+$776K	0.09%	118
2023 Q3	$25.6M	Buy	+1,060,769	New	+$27M	0.11%	111

Other funds holding ZTO

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

SCMS

Serenity Capital Management (Singapore) Singapore $332M AUM 8.08% 1-Year Est. Return

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

PIM

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

TAM

Todd Asset Management Louisville, Kentucky $5.63B AUM 45.28% 1-Year Est. Return

Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Richard Pzena's ZTO Position: Q2 2026 in Review

Richard Pzena reduced its ZTO Express (ZTO) stake by 1.9% in Q2 2026, selling an estimated $3.3M and leaving 7,322,331 shares worth $164M. The position accounts for 0.48% of the portfolio, ranked #45.

Richard Pzena first reported a position in ZTO in Q3 2023 and has held it in 12 quarters since. The position peaked at $188M in Q1 2026. 196 funds tracked by Wall St. Rank hold ZTO as of Q2 2026.

Richard Pzena held 7,322,331 shares of ZTO Express worth $164M as of Q2 2026.
Richard Pzena sold 138,600 ZTO Express shares in Q2 2026, an estimated $3.3M.
ZTO Express made up 0.48% of Richard Pzena's portfolio in Q2 2026, its #45 holding.
Richard Pzena first reported a position in ZTO Express in Q3 2023 and has held it in 12 quarters since.
Richard Pzena's ZTO Express position peaked at $188M in Q1 2026.
196 funds tracked by Wall St. Rank held ZTO Express as of Q2 2026.

Based on Pzena Investment Management's 13F filing for Q2 2026, filed 7 Aug 2026.