ZTO Express
242 hedge funds and large institutions have $4.3B invested in ZTO Express in 2024 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 39 closing their positions.
523% more call options, than puts
Call options by funds: $253M | Put options by funds: $40.7M
46% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 39
6% more funds holding
Funds holding: 228 → 242 (+14)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
4.59% less ownership
Funds ownership: 38.77% → 34.17% (-4.6%)
13% less capital invested
Capital invested by funds: $4.92B → $4.3B (-$620M)
14% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$108M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$69.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$25.3M |
| 5 |
Citigroup
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$189M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$64.8M |
| 3 |
GCCM
Green Court Capital Management
Hong Kong
|
-$46.8M |
| 4 |
TPC
Tiger Pacific Capital
New York
|
-$46.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.4M |
ZTO Hedge Fund Activity: Q2 2024 in Review
242 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in ZTO Express (ZTO) for Q2 2024, worth a combined $4.3B — down 13% from $4.92B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new ZTO positions and 39 closed out — a net gain of 18 holders — while 72 added to existing stakes and 84 trimmed.
The largest buyer was Harding Loevner, adding an estimated $108M. The largest seller was Invesco, cutting an estimated $189M.
- 242 institutional investors held ZTO Express (ZTO) as of Q2 2024, up from 228 in Q1 2024.
- Funds reported $4.3B of ZTO Express stock for Q2 2024, down 13% quarter-over-quarter.
- 57 funds opened new ZTO Express positions in Q2 2024 and 39 closed out, a net change of +18 holders.
- The largest ZTO Express buyer in Q2 2024 was Harding Loevner, an estimated $108M added.
- The largest ZTO Express seller in Q2 2024 was Invesco, an estimated $189M sold.
Based on aggregated 13F filings for Q2 2024.