ZTO Express
206 hedge funds and large institutions have $2.69B invested in ZTO Express in 2025 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 63 increasing their positions, 73 reducing their positions, and 34 closing their positions.
829% more call options, than puts
Call options by funds: $276M | Put options by funds: $29.7M
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
2% more funds holding
Funds holding: 201 → 206 (+5)
1.72% less ownership
Funds ownership: 24.41% → 22.68% (-1.7%)
7% less capital invested
Capital invested by funds: $2.88B → $2.69B (-$191M)
14% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$16.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$15.8M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$13.7M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$13.3M |
| 5 |
XC
XY Capital
Central,
Hong Kong
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$92.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.8M |
| 3 |
Morgan Stanley
New York
|
-$42M |
| 4 |
Goldman Sachs
New York
|
-$36.1M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$35.4M |
ZTO Hedge Fund Activity: Q1 2025 in Review
206 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in ZTO Express (ZTO) for Q1 2025, worth a combined $2.69B — down 6.6% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ZTO positions and 34 closed out — a net gain of 6 holders — while 63 added to existing stakes and 73 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $16.7M. The largest seller was Invesco, cutting an estimated $92.4M.
- 206 institutional investors held ZTO Express (ZTO) as of Q1 2025, up from 201 in Q4 2024.
- Funds reported $2.69B of ZTO Express stock for Q1 2025, down 6.6% quarter-over-quarter.
- 40 funds opened new ZTO Express positions in Q1 2025 and 34 closed out, a net change of +6 holders.
- The largest ZTO Express buyer in Q1 2025 was Renaissance Technologies, an estimated $16.7M added.
- The largest ZTO Express seller in Q1 2025 was Invesco, an estimated $92.4M sold.
Based on aggregated 13F filings for Q1 2025.