Who owns ZTO Express (Cayman) (ZTO)
Which tracked institutional funds hold ZTO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZTO 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.
How the tape is positioned
28 tracked funds added or opened ZTO while 55 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
ZTO’s largest tracked holder by dollar value, PZENA INVESTMENT MANAGEMENT LLC, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ZTO 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 187 tracked filers holding ZTO, 96 increased or opened the position and 90 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
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 ZTO 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 13
- Qube Research & Technologies Ltd$9M
- NATIONAL BANK OF CANADA /FI/$4M
- Man Group plc$3M
- Advisors Asset Management, Inc.$2M
- TWO SIGMA INVESTMENTS, LP$1M
- Point Nemo Capital, LLC$1M
Full exits 13
- TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY$27M
- NORGES BANK$16M
- ACADIAN ASSET MANAGEMENT LLC$7M
- KBC Group NV$4M
- DekaBank Deutsche Girozentrale$4M
- BRILLIANCE ASSET MANAGEMENT LTD$3M
Largest adds
- JPMORGAN CHASE & CO$16M
- MACKENZIE FINANCIAL CORP$10M
- Point72 Asset Management, L.P.$8M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$6M
- JANE STREET GROUP, LLC$5M
- XTX Topco Ltd$3M
Largest trims
- PZENA INVESTMENT MANAGEMENT LLC$24M
- CITIGROUP INC$22M
- GOLDMAN SACHS GROUP INC$20M
- MARSHALL WACE, LLP$19M
- SERENITY CAPITAL MANAGEMENT PTE. LTD.$14M
- Fisher Asset Management, LLC$13M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 7,322,331 | $164M | 12.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 5,285,030 | $118M | 9.3% | 2026-Q2 |
| SERENITY CAPITAL MANAGEMENT PTE. LTD. | 5,056,987 | $113M | 8.9% | 2026-Q2 |
| Temasek Holdings (Private) Ltd | 4,147,325 | $93M | 7.3% | 2026-Q2 |
| MORGAN STANLEY added | 4,130,197 | $92M | 7.2% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 3,499,424 | $78M | 6.1% | 2026-Q2 |
| PLATINUM INVESTMENT MANAGEMENT LTD | 1,994,127 | $45M | 3.5% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 1,914,997 | $43M | 3.4% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC added | 1,891,052 | $42M | 3.3% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 1,742,654 | $39M | 3.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,467,205 | $33M | 2.6% | 2026-Q2 |
| Legal & General Group Plc trimmed | 1,346,942 | $30M | 2.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 1,096,684 | $25M | 1.9% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,026,694 | $23M | 1.8% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 979,113 | $22M | 1.7% | 2026-Q2 |
| STATE STREET CORP trimmed | 949,365 | $21M | 1.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 887,573 | $20M | 1.6% | 2026-Q2 |
| CITIGROUP INC trimmed | 747,506 | $17M | 1.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 734,836 | $16M | 1.3% | 2026-Q2 |
| Crossmark Global Holdings, Inc. added | 712,014 | $16M | 1.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 651,562 | $15M | 1.1% | 2026-Q2 |
| UBS Group AG trimmed | 555,929 | $12M | 1.0% | 2026-Q2 |
| State of New Jersey Common Pension Fund D | 509,092 | $11M | 0.9% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 466,340 | $10M | 0.8% | 2026-Q2 |
| BlackRock, Inc. trimmed | 453,093 | $10M | 0.8% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 411,789 | $9M | 0.7% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 406,600 | $9M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 383,396 | $9M | 0.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 308,922 | $7M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 301,208 | $7M | 0.5% | 2026-Q2 |
| SIH Partners, LLLP trimmed | 296,850 | $7M | 0.5% | 2026-Q2 |
| Quantinno Capital Management LP added | 292,310 | $7M | 0.5% | 2026-Q2 |
| ICON ADVISERS INC/CO added | 260,000 | $6M | 0.5% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 258,869 | $6M | 0.5% | 2026-Q2 |
| AVIVA PLC trimmed | 258,246 | $6M | 0.5% | 2026-Q2 |
| Virtus Family Office LLC added | 226,163 | $5M | 0.4% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp added | 205,776 | $5M | 0.4% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 200,000 | $4M | 0.4% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 178,551 | $4M | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 178,503 | $4M | 0.3% | 2026-Q2 |
| STOREBRAND ASSET MANAGEMENT AS trimmed | 169,701 | $4M | 0.3% | 2026-Q2 |
| XTX Topco Ltd added | 162,758 | $4M | 0.3% | 2026-Q2 |
| Aurora Investment Counsel trimmed | 144,891 | $3M | 0.3% | 2026-Q2 |
| Swedbank AB | 123,880 | $3M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 119,499 | $3M | 0.2% | 2026-Q2 |
| Man Group plc new | 118,366 | $3M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 113,608 | $3M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 108,529 | $2M | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 103,135 | $2M | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 96,825 | $2M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ added | 81,433 | $2M | 0.1% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 71,956 | $2M | 0.1% | 2026-Q2 |
| Portman Square Capital LLP trimmed | 71,243 | $2M | 0.1% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 67,204 | $2M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 67,175 | $2M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 64,627 | $1M | 0.1% | 2026-Q2 |
| Vident Advisory, LLC added | 64,023 | $1M | 0.1% | 2026-Q2 |
| Maven Securities LTD | 61,525 | $1M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 60,268 | $1M | 0.1% | 2026-Q2 |
| Point Nemo Capital, LLC new | 59,169 | $1M | 0.1% | 2026-Q2 |
| PROFUND ADVISORS LLC trimmed | 57,798 | $1M | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 56,021 | $1M | 0.1% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD | 53,694 | $1M | 0.1% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 53,016 | $1M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 51,953 | $1M | 0.1% | 2026-Q2 |
| DNB Asset Management AS trimmed | 51,108 | $1M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 50,020 | $1M | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC added | 47,914 | $1M | 0.1% | 2026-Q2 |
| Long Corridor Asset Management Ltd | 46,000 | $1M | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 45,813 | $1M | 0.1% | 2026-Q2 |
| IMC-Chicago, LLC added | 44,932 | $1M | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 44,399 | $1M | 0.1% | 2026-Q2 |
| BARCLAYS PLC trimmed | 43,971 | $984K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 40,261 | $901K | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP added | 38,979 | $872K | 0.1% | 2026-Q2 |
| Vanguard Personalized Indexing Management, LLC added | 38,741 | $867K | 0.1% | 2026-Q2 |
| Nuveen, LLC new | 37,106 | $830K | 0.1% | 2026-Q2 |
| PEAK6 LLC trimmed | 35,690 | $799K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 35,385 | $792K | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 31,425 | $703K | 0.1% | 2026-Q2 |
| QUADRANT CAPITAL GROUP LLC trimmed | 30,781 | $689K | 0.1% | 2026-Q2 |
| Walleye Trading LLC new | 29,666 | $664K | 0.1% | 2026-Q2 |
| Polymer Capital Management (HK) LTD trimmed | 28,800 | $645K | 0.1% | 2026-Q2 |
| MACQUARIE GROUP LTD trimmed | 27,940 | $625K | 0.0% | 2026-Q2 |
| Ethic Inc. added | 27,256 | $610K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 26,081 | $584K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 26,054 | $583K | 0.0% | 2026-Q2 |
| U S GLOBAL INVESTORS INC added | 24,296 | $544K | 0.0% | 2026-Q2 |
| QRG CAPITAL MANAGEMENT, INC. trimmed | 23,840 | $534K | 0.0% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 23,817 | $533K | 0.0% | 2026-Q2 |
| Creative Planning trimmed | 23,598 | $528K | 0.0% | 2026-Q2 |
| Jain Global LLC added | 21,783 | $488K | 0.0% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. new | 21,290 | $476K | 0.0% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. new | 20,399 | $457K | 0.0% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 19,816 | $443K | 0.0% | 2026-Q2 |
| ExodusPoint Capital Management, LP trimmed | 19,510 | $437K | 0.0% | 2026-Q2 |
| ASSETMARK, INC trimmed | 17,873 | $400K | 0.0% | 2026-Q2 |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 17,563 | $393K | 0.0% | 2026-Q2 |
| NOMURA HOLDINGS INC trimmed | 16,459 | $368K | 0.0% | 2026-Q2 |
| Laird Norton Wetherby Trust Company, LLC added | 16,097 | $360K | 0.0% | 2026-Q2 |
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.
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.