ZTO Express
232 hedge funds and large institutions have $5.37B invested in ZTO Express in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 111 reducing their positions, and 35 closing their positions.
1% more call options, than puts
Call options by funds: $192M | Put options by funds: $191M
0.85% less ownership
Funds ownership: 42.48% → 41.63% (-0.85%)
3% less funds holding
Funds holding: 239 → 232 (-7)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
19% less capital invested
Capital invested by funds: $6.59B → $5.37B (-$1.22B)
35% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 111
Top Buyers
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
+$83.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$72.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$68M |
| 4 |
GCCM
Green Court Capital Management
Hong Kong
|
+$36.5M |
| 5 |
AIM
Alpine Investment Management
Hong Kong
|
+$30.6M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$92.1M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$79.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$63.9M |
| 4 |
JP Morgan Chase
New York
|
-$42.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$37.5M |
ZTO Hedge Fund Activity: Q4 2023 in Review
232 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ZTO Express (ZTO) for Q4 2023, worth a combined $5.37B — down 19% from $6.59B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ZTO and 29 opened new positions — a net loss of 6 holders — while 111 trimmed existing stakes and 72 added.
The largest buyer was Aspex Management (HK), opening a new position worth an estimated $83.1M. The largest seller was Invesco, cutting an estimated $92.1M.
- 232 institutional investors held ZTO Express (ZTO) as of Q4 2023, down from 239 in Q3 2023.
- Funds reported $5.37B of ZTO Express stock for Q4 2023, down 19% quarter-over-quarter.
- 29 funds opened new ZTO Express positions in Q4 2023 and 35 closed out, a net change of -6 holders.
- The largest ZTO Express buyer in Q4 2023 was Aspex Management (HK), an estimated $83.1M added.
- The largest ZTO Express seller in Q4 2023 was Invesco, an estimated $92.1M sold.
Based on aggregated 13F filings for Q4 2023.