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Institutional Ownership · SEC Form 13F

Who owns Zai Lab (ZLAB)


Which tracked institutional funds hold ZLAB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZLAB company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

91
Institutional holders
43M
Shares held (tracked funds)
3.8%
Of shares outstanding

How the tape is positioned

24 tracked funds added or opened ZLAB while 16 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

ZLAB’s largest tracked holder by dollar value, Capital World Investors, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ZLAB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 91 tracked filers holding ZLAB, 43 increased or opened the position and 53 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in ZLAB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 6

  • TCG Crossover Management, LLC$117M
  • Woodline Partners LP$42M
  • Spruce Street Capital LP$5M
  • Nantahala Capital Management, LLC$4M
  • MARSHALL WACE, LLP$3M
  • Quadrature Capital Ltd$742K

Full exits 7

  • C WorldWide Group Holding A/S$10M
  • PRICE T ROWE ASSOCIATES INC /MD/$5M
  • Walleye Capital LLC$2M
  • BAROMETER CAPITAL MANAGEMENT INC.$1M
  • TD Asset Management Inc$704K
  • Point72 Asset Management, L.P.$661K

Largest adds

  • GOLDMAN SACHS GROUP INC$42M
  • ADAR1 Capital Management, LLC$37M
  • FMR LLC$33M
  • TWO SIGMA INVESTMENTS, LP$19M
  • CITIGROUP INC$6M
  • JANE STREET GROUP, LLC$4M

Largest trims

  • UBS Group AG$8M
  • CITADEL ADVISORS LLC$5M
  • BlackRock, Inc.$4M
  • SUPERSTRING CAPITAL MANAGEMENT LP$2M
  • DIMENSIONAL FUND ADVISORS LP$1M
  • XTX Topco Ltd$537K

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
RTW INVESTMENTS, LP6,574,032$125M10.2%2026-Q2
TCG Crossover Management, LLC new6,137,627$117M9.5%2026-Q2
RA CAPITAL MANAGEMENT, L.P. added5,743,533$109M8.9%2026-Q2
ADAR1 Capital Management, LLC added3,369,034$64M5.2%2026-Q2
FMR LLC added2,815,214$53M4.4%2026-Q2
GOLDMAN SACHS GROUP INC added2,315,480$44M3.6%2026-Q2
Woodline Partners LP added2,207,293$42M3.4%2026-Q2
Frazier Life Sciences Management, L.P.1,902,320$36M2.9%2026-Q2
BAMCO INC /NY/ trimmed1,623,694$31M2.5%2026-Q2
TWO SIGMA INVESTMENTS, LP added1,299,394$25M2.0%2026-Q2
CITADEL ADVISORS LLC trimmed1,284,706$24M2.0%2026-Q2
Rock Springs Capital Management LP814,707$15M1.3%2026-Q2
BlackRock, Inc. trimmed664,462$13M1.0%2026-Q2
JANE STREET GROUP, LLC added476,541$9M0.7%2026-Q2
B Group, Inc.450,646$9M0.7%2026-Q2
SCHRODER INVESTMENT MANAGEMENT GROUP393,167$7M0.6%2026-Q2
NAN FUNG TRINITY (HK) LTD346,466$7M0.5%2026-Q2
Aberdeen Group plc added311,294$6M0.5%2026-Q2
CITIGROUP INC added300,775$6M0.5%2026-Q2
Spruce Street Capital LP new279,110$5M0.4%2026-Q2
AMERIPRISE FINANCIAL INC added253,171$5M0.4%2026-Q2
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added246,982$5M0.4%2026-Q2
Hennion & Walsh Asset Management, Inc. added230,418$4M0.4%2026-Q2
Hudson Bay Capital Management LP added215,000$4M0.3%2026-Q2
Nantahala Capital Management, LLC new200,000$4M0.3%2026-Q2
NEXTBio Capital Management LP183,362$3M0.3%2026-Q2
SUPERSTRING CAPITAL MANAGEMENT LP trimmed155,813$3M0.2%2026-Q2
Tidal Investments LLC trimmed153,996$3M0.2%2026-Q2
Seven Fleet Capital Management LP added136,016$3M0.2%2026-Q2
MARSHALL WACE, LLP trimmed147,217$3M0.2%2026-Q2
D. E. Shaw & Co., Inc. added141,158$3M0.2%2026-Q2
Privium Fund Management B.V. trimmed122,189$2M0.2%2026-Q2
STATE STREET CORP added120,846$2M0.2%2026-Q2
ALPS ADVISORS INC added110,431$2M0.2%2026-Q2
DIMENSIONAL FUND ADVISORS LP trimmed101,997$2M0.2%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added76,565$1M0.1%2026-Q2
Legal & General Group Plc added71,461$1M0.1%2026-Q2
UBS Group AG trimmed69,454$1M0.1%2026-Q2
Virtus Investment Advisers, LLC added68,124$1M0.1%2026-Q2
Headlands Technologies LLC added68,010$1M0.1%2026-Q2
MORGAN STANLEY trimmed65,401$1M0.1%2026-Q2
DCF Advisers, LLC63,500$1M0.1%2026-Q2
Quadrature Capital Ltd new39,028$742K0.1%2026-Q2
WealthPlan Investment Management, LLC36,761$698K0.1%2026-Q2
NORTHERN TRUST CORP trimmed23,979$456K0.0%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC23,879$454K0.0%2026-Q2
Invesco Ltd. trimmed22,397$426K0.0%2026-Q2
XTX Topco Ltd trimmed18,349$349K0.0%2026-Q2
Schonfeld Strategic Advisors LLC trimmed15,496$294K0.0%2026-Q2
Squarepoint Ops LLC trimmed15,316$291K0.0%2026-Q2
Erste Asset Management GmbH15,100$278K0.0%2026-Q2
Vanguard Personalized Indexing Management, LLC added11,131$211K0.0%2026-Q2
Persistent Asset Partners Ltd trimmed11,040$210K0.0%2026-Q2
TWO SIGMA SECURITIES, LLC new10,134$193K0.0%2026-Q2
JPMORGAN CHASE & CO added6,917$127K0.0%2026-Q2
China Universal Asset Management Co., Ltd. trimmed5,240$100K0.0%2026-Q2
GROUP ONE TRADING LLC trimmed5,091$97K0.0%2026-Q2
Nykredit A/S new4,150$79K0.0%2026-Q2
Mirae Asset Global Investments Co., Ltd. trimmed3,926$75K0.0%2026-Q2
SIMPLEX TRADING, LLC added2,657$50K0.0%2026-Q2
ROYAL BANK OF CANADA trimmed1,697$32K0.0%2026-Q2
Basecamp Wealth Advisors LLC trimmed1,502$29K0.0%2026-Q2
Tower Research Capital LLC (TRC) added1,010$19K0.0%2026-Q2
US BANCORP \DE\ trimmed960$18K0.0%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added768$15K0.0%2026-Q2
GF FUND MANAGEMENT CO. LTD. trimmed729$14K0.0%2026-Q2
Farther Finance Advisors, LLC trimmed690$13K0.0%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC628$12K0.0%2026-Q2
Federation des caisses Desjardins du Quebec new300$6K0.0%2026-Q2
BARCLAYS PLC trimmed292$6K0.0%2026-Q2
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added205$4K0.0%2026-Q2
Arax Advisory Partners trimmed201$4K0.0%2026-Q2
ASSETMARK, INC trimmed155$3K0.0%2026-Q2
Quent Capital, LLC trimmed150$3K0.0%2026-Q2
DEUTSCHE BANK AG\147$3K0.0%2026-Q2
OSAIC HOLDINGS, INC. trimmed140$3K0.0%2026-Q2
Smartleaf Asset Management LLC132$2K0.0%2026-Q2
EverSource Wealth Advisors, LLC trimmed117$2K0.0%2026-Q2
North Star Investment Management Corp. added97$2K0.0%2026-Q2
Ameritas Advisory Services, LLC new76$1K0.0%2026-Q2
AMERIFLEX GROUP, INC.62$1K0.0%2026-Q2
WELLS FARGO & COMPANY/MN trimmed60$1K0.0%2026-Q2
SBI Securities Co., Ltd.40$7600.0%2026-Q2
Cornerstone Financial Management LLC32$6080.0%2026-Q2
PNC Financial Services Group, Inc. added26$4940.0%2026-Q2
Bell Investment Advisors, Inc26$4940.0%2026-Q2
Caitong International Asset Management Co., Ltd added26$4940.0%2026-Q2
Stone House Investment Management, LLC new22$4180.0%2026-Q2
Blue Trust, Inc.5$950.0%2026-Q2
Larson Financial Group LLC trimmed4$760.0%2026-Q2
Integrated Wealth Concepts LLC new3$570.0%2026-Q2
C WorldWide Group Holding A/S510,000$10M0.8%2026-Q1 stale (1 quarter behind)
Clearbridge Investments, LLC trimmed1,808,035$32M2.6%2025-Q4 stale (2 quarters behind)
WELLINGTON MANAGEMENT GROUP LLP trimmed752,858$13M1.1%2025-Q4 stale (2 quarters behind)
Capital World Investors added6,077,666$206M16.8%2025-Q3 stale (3 quarters behind)
JANUS HENDERSON GROUP PLC trimmed2,049,537$69M5.7%2025-Q3 stale (3 quarters behind)
Allianz Asset Management GmbH trimmed815,000$28M2.3%2025-Q3 stale (3 quarters behind)
MPM BIOIMPACT LLC745,060$25M2.1%2025-Q3 stale (3 quarters behind)
JENNISON ASSOCIATES LLC trimmed592,332$21M1.7%2025-Q2 stale (4 quarters behind)
Connor, Clark & Lunn Investment Management Ltd. trimmed387,362$14M1.1%2025-Q2 stale (4 quarters behind)

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership