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ZTO Express
ZTO

228 hedge funds and large institutions have $4.92B invested in ZTO Express in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 90 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more call options, than puts

Call options by funds: $163M | Put options by funds: $109M

6% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 90

2% less funds holding

Funds holding: 232 → 228 (-4)

2.86% less ownership

Funds ownership: 41.63% → 38.77% (-2.9%)

8% less capital invested

Capital invested by funds: $5.37B → $4.92B (-$447M)

10% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 30

18% less funds holding in top 10

Funds holding in top 10: 11 → 9 (-2)

Holders
228
Holders Change
-4
Holders Change %
-1.72%
% of All Funds
3.28%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.13%
New
27
Increased
85
Reduced
90
Closed
30
Calls
$163M
Puts
$109M
Net Calls
+$53.7M
Net Calls Change
+$52.6M

Top Buyers

1
HL
Harding Loevner
New Jersey
+$191M
2
Pzena Investment Management
Pzena Investment Management
New York
+$91.7M
3
PIM
Platinum Investment Management
Australia
+$60.1M
4
AMH
Aspex Management (HK)
Hong Kong
+$58.2M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$37.7M

Top Sellers

1
Invesco
Invesco
Georgia
-$183M
2
Wellington Management Group
Wellington Management Group
Massachusetts
-$110M
3
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$101M
4
GCCM
Green Court Capital Management
Hong Kong
-$83.1M
5
BlackRock
BlackRock
New York
-$37.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$48.8M +$2.76M +144,178 +7%
WA
27
WFM Asia
British Virgin Islands
$45.7M -$28.4M -1,483,800 -40%
Wellington Management Group
28
Wellington Management Group
Massachusetts
$44.5M -$110M -5,729,301 -73%
Victory Capital Management
29
Victory Capital Management
Texas
$36.8M +$15.4M +804,997 +84%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$35.1M -$2.5M -130,677 -7%
Millennium Management
31
Millennium Management
New York
$33.5M +$5.89M +307,627 +24%
HSBC Holdings
32
HSBC Holdings
United Kingdom
$26.7M +$1.16M +60,572 +5%
CS
33
Credit Suisse
Switzerland
$23.6M -$2.85M -148,884 -12%
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$23.6M -$10.5M -548,566 -33%
Caisse de Depot et Placement du Quebec (CDPQ)
35
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$23.2M -$1.68M -88,000 -7%
Amundi
36
Amundi
France
$22.9M -$2.57M -134,481 -11%
Citigroup
37
Citigroup
New York
$22.4M +$522K +27,305 +3%
Nordea Investment Management
38
Nordea Investment Management
Sweden
$21.7M -$12.1M -634,978 -38%
TAM
39
Todd Asset Management
Kentucky
$20.7M +$1.85M +96,645 +11%
Sumitomo Mitsui Trust Group
40
Sumitomo Mitsui Trust Group
Japan
$20.5M -$130K -6,777 -0.7%
Swiss National Bank
41
Swiss National Bank
Switzerland
$20.1M – – –
Jane Street
42
Jane Street
New York
$19.2M -$6.79M -354,930 -28%
WCM Investment Management
43
WCM Investment Management
California
$18.1M -$2.3M -120,211 -12%
American Century Companies
44
American Century Companies
Missouri
$17M +$747K +39,049 +5%
Deutsche Bank
45
Deutsche Bank
Germany
$16.3M -$380K -19,877 -2%
Squarepoint
46
Squarepoint
New York
$16.2M +$279K +14,592 +2%
National Bank of Canada
47
National Bank of Canada
Quebec, Canada
$16.2M +$6.67M +348,700 +82%
Royal London Asset Management
48
Royal London Asset Management
United Kingdom
$15.7M +$643K +33,625 +5%
Vanguard Group
49
Vanguard Group
Pennsylvania
$15.7M -$291K -15,185 -2%
Fidelity International
50
Fidelity International
Bermuda
$15.5M -$4.05M -211,571 -22%
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ZTO Hedge Fund Activity: Q1 2024 in Review

228 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ZTO Express (ZTO) for Q1 2024, worth a combined $4.92B — down 8.3% from $5.37B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of ZTO and 27 opened new positions — a net loss of 3 holders — while 90 trimmed existing stakes and 85 added.

The largest buyer was Harding Loevner, adding an estimated $191M. The largest seller was Invesco, cutting an estimated $183M.

  • 228 institutional investors held ZTO Express (ZTO) as of Q1 2024, down from 232 in Q4 2023.
  • Funds reported $4.92B of ZTO Express stock for Q1 2024, down 8.3% quarter-over-quarter.
  • 27 funds opened new ZTO Express positions in Q1 2024 and 30 closed out, a net change of -3 holders.
  • The largest ZTO Express buyer in Q1 2024 was Harding Loevner, an estimated $191M added.
  • The largest ZTO Express seller in Q1 2024 was Invesco, an estimated $183M sold.

Based on aggregated 13F filings for Q1 2024.