ZTO Express
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$191M |
| 2 |
Pzena Investment Management
New York
|
+$91.7M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$60.1M |
| 4 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
+$58.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$183M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$110M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$101M |
| 4 |
GCCM
Green Court Capital Management
Hong Kong
|
-$83.1M |
| 5 |
BlackRock
New York
|
-$37.5M |
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.