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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
Invesco
1
Invesco
Georgia
$580M -$183M -9,558,855 -26%
BlackRock
2
BlackRock
New York
$380M -$37.5M -1,961,843 -10%
PIM
3
Platinum Investment Management
Australia
$365M +$60.1M +3,140,733 +22%
HL
4
Harding Loevner
New Jersey
$242M +$191M +9,980,678 +643%
Temasek Holdings
5
Temasek Holdings
Singapore
$218M – – –
Goldman Sachs
6
Goldman Sachs
New York
$198M +$27.5M +1,436,956 +18%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$187M +$16.5M +864,909 +11%
Capital Research Global Investors
8
Capital Research Global Investors
California
$168M +$3.82M +199,464 +3%
AMH
9
Aspex Management (HK)
Hong Kong
$140M +$58.2M +3,044,343 +83%
State Street
10
State Street
Massachusetts
$139M -$824K -43,044 -0.6%
SCMS
11
Serenity Capital Management (Singapore)
Singapore
$127M – – –
Pzena Investment Management
12
Pzena Investment Management
New York
$123M +$91.7M +4,794,773 +438%
GCCM
13
Green Court Capital Management
Hong Kong
$119M -$83.1M -4,343,929 -43%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$108M +$37.7M +1,968,971 +61%
GAMH
15
Greenwoods Asset Management (HK)
Hong Kong
$108M -$35.4M -1,849,695 -26%
Morgan Stanley
16
Morgan Stanley
New York
$105M -$24.1M -1,262,180 -20%
TPC
17
Tiger Pacific Capital
New York
$104M -$2.52M -131,511 -3%
UBS Group
18
UBS Group
Switzerland
$81.4M -$5.78M -302,284 -7%
Bank of America
19
Bank of America
North Carolina
$75.5M +$36.8M +1,923,727 +114%
PAMI
20
Perseverance Asset Management International
Cayman Islands
$67.7M +$4.97M +259,515 +9%
JP Morgan Chase
21
JP Morgan Chase
New York
$60.2M -$32M -1,671,866 -37%
Canada Pension Plan Investment Board
22
Canada Pension Plan Investment Board
Ontario, Canada
$59.6M +$29.7M +1,552,885 +120%
UBS AM
23
UBS AM
Illinois
$55.7M +$2.44M +127,748 +5%
BIP
24
Brandes Investment Partners
California
$51.3M +$9.84M +514,076 +27%
Legal & General Group
25
Legal & General Group
United Kingdom
$49.6M +$205K +10,723 +0.5%
1
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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.