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Institutional Ownership · SEC Form 13F

Who owns ZTS (ZTS)


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

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,601
Institutional holders
408,484,145
Shares held (tracked funds)
96.1%
Of shares outstanding

How the tape is positioned

268 tracked funds added or opened ZTS while 517 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

ZTS’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes ZTS more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in ZTS 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 2025-Q4 and 2026-Q1, across 1601 tracked filers holding ZTS, 772 increased or opened the position and 867 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 ZTS between the 2025-Q4 and 2026-Q1 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 78

  • VANGUARD CAPITAL MANAGEMENT LLC$3.1B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$2.8B
  • Ruane, Cunniff & Goldfarb L.P.$287M
  • VANGUARD FIDUCIARY TRUST CO$283M
  • CIBC Bancorp USA Inc.$199M
  • JUPITER ASSET MANAGEMENT LTD$120M

Full exits 107

  • VANGUARD GROUP INC$6.0B
  • CIBC Private Wealth Group LLC$187M
  • CCLA Investment Management$111M
  • Qube Research & Technologies Ltd$71M
  • BLI - Banque de Luxembourg Investments$42M
  • Linden Advisors LP$32M

Largest adds

  • FIL Ltd$380M
  • RAYMOND JAMES FINANCIAL INC$258M
  • WORLDQUANT MILLENNIUM ADVISORS LLC$198M
  • Southpoint Capital Advisors LP$197M
  • VAN ECK ASSOCIATES CORP$166M
  • MILLENNIUM MANAGEMENT LLC$151M

Largest trims

  • BlackRock, Inc.$1.0B
  • MORGAN STANLEY$274M
  • Unisphere Establishment$273M
  • WELLINGTON MANAGEMENT GROUP LLP$234M
  • STATE STREET CORP$207M
  • POLEN CAPITAL MANAGEMENT LLC$201M

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
BlackRock, Inc. trimmed30,933,939$3.7B7.8%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new26,072,846$3.1B6.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new23,967,400$2.8B6.0%2026-Q1
STATE STREET CORP trimmed19,324,401$2.3B4.8%2026-Q1
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO15,892,903$1.9B4.0%2026-Q1
MORGAN STANLEY trimmed14,145,735$1.7B3.5%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added11,349,248$1.3B2.8%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed10,150,096$1.2B2.5%2026-Q1
NORGES BANK trimmed5,093,177$839M1.8%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB added5,865,111$680M1.4%2026-Q1
NORTHERN TRUST CORP trimmed5,546,057$656M1.4%2026-Q1
DEUTSCHE BANK AG\ trimmed5,532,028$654M1.4%2026-Q1
WELLS FARGO & COMPANY/MN added5,491,173$649M1.4%2026-Q1
FIL Ltd added5,487,134$649M1.4%2026-Q1
BANK OF AMERICA CORP /DE/ added4,831,652$571M1.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added4,398,351$520M1.1%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added4,244,351$502M1.1%2026-Q1
POLEN CAPITAL MANAGEMENT LLC trimmed4,223,076$499M1.1%2026-Q1
BROWN ADVISORY INC added4,188,438$495M1.1%2026-Q1
VAN ECK ASSOCIATES CORP added3,948,745$467M1.0%2026-Q1
Bank of New York Mellon Corp trimmed3,899,720$461M1.0%2026-Q1
Fundsmith LLP trimmed3,877,559$458M1.0%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed3,633,318$457M1.0%2026-Q1
GOLDMAN SACHS GROUP INC added3,730,785$441M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added3,717,247$440M0.9%2026-Q1
JANUS HENDERSON GROUP PLC trimmed3,701,747$438M0.9%2026-Q1
Legal & General Group Plc added3,650,753$432M0.9%2026-Q1
Invesco Ltd. added3,420,459$404M0.9%2026-Q1
JPMORGAN CHASE & CO added3,387,174$394M0.8%2026-Q1
Amundi trimmed3,166,361$374M0.8%2026-Q1
RAYMOND JAMES FINANCIAL INC added3,166,615$374M0.8%2026-Q1
Swedbank AB added3,004,200$355M0.8%2026-Q1
Nuveen, LLC trimmed2,965,717$351M0.7%2026-Q1
DIAMOND HILL CAPITAL MANAGEMENT INC trimmed2,927,462$346M0.7%2026-Q1
Unisphere Establishment trimmed2,800,000$331M0.7%2026-Q1
UBS Group AG trimmed2,799,543$331M0.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed2,771,447$328M0.7%2026-Q1
Ruane, Cunniff & Goldfarb L.P. new2,425,010$287M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,395,410$283M0.6%2026-Q1
Southpoint Capital Advisors LP added2,200,000$260M0.6%2026-Q1
HSBC HOLDINGS PLC added2,063,170$244M0.5%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed1,975,559$234M0.5%2026-Q1
ROYAL BANK OF CANADA added1,974,284$233M0.5%2026-Q1
BLS CAPITAL FONDSMAEGLERSELSKAB A/S trimmed1,955,688$231M0.5%2026-Q1
Pictet Asset Management Holding SA trimmed1,924,600$227M0.5%2026-Q1
BANQUE PICTET & CIE SA trimmed1,820,022$215M0.5%2026-Q1
WORLDQUANT MILLENNIUM ADVISORS LLC added1,818,443$215M0.5%2026-Q1
BARCLAYS PLC added1,809,925$214M0.5%2026-Q1
CIBC Bancorp USA Inc. added1,686,470$199M0.4%2026-Q1
MILLENNIUM MANAGEMENT LLC added1,649,955$195M0.4%2026-Q1
MONTRUSCO BOLTON INVESTMENTS INC. trimmed1,666,335$191M0.4%2026-Q1
AMERIPRISE FINANCIAL INC trimmed1,610,634$190M0.4%2026-Q1
TD Asset Management Inc added1,569,121$185M0.4%2026-Q1
Employees Provident Fund Board1,537,130$182M0.4%2026-Q1
BROWN BROTHERS HARRIMAN & CO trimmed1,416,566$167M0.4%2026-Q1
Capital Research Global Investors trimmed1,408,597$167M0.4%2026-Q1
Impax Asset Management Group plc trimmed1,311,067$155M0.3%2026-Q1
Swiss National Bank added1,293,332$153M0.3%2026-Q1
Veritas Asset Management LLP trimmed1,252,898$148M0.3%2026-Q1
RHUMBLINE ADVISERS added1,229,009$145M0.3%2026-Q1
Aberdeen Group plc added1,214,123$144M0.3%2026-Q1
CITIGROUP INC added1,130,742$134M0.3%2026-Q1
FUNDSMITH INVESTMENT SERVICES LTD. trimmed1,120,147$132M0.3%2026-Q1
Ninety One UK Ltd trimmed1,112,945$132M0.3%2026-Q1
COMGEST GLOBAL INVESTORS S.A.S. trimmed1,087,649$129M0.3%2026-Q1
Epoch Investment Partners, Inc. trimmed1,080,634$128M0.3%2026-Q1
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. trimmed1,050,678$124M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed1,049,626$124M0.3%2026-Q1
Lazard Freres Gestion S.A.S. trimmed1,049,307$124M0.3%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added1,034,115$122M0.3%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed1,018,088$120M0.3%2026-Q1
JUPITER ASSET MANAGEMENT LTD added1,037,050$120M0.3%2026-Q1
AVIVA PLC added968,672$115M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed963,773$114M0.2%2026-Q1
California Public Employees Retirement System trimmed936,362$111M0.2%2026-Q1
Vanguard Global Advisers, LLC new926,239$109M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed924,327$109M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed912,970$108M0.2%2026-Q1
Alecta Tjanstepension Omsesidigt882,200$104M0.2%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added867,764$103M0.2%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed866,525$102M0.2%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed853,063$101M0.2%2026-Q1
Scharf Investments, LLC added837,314$99M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed834,384$99M0.2%2026-Q1
Assenagon Asset Management S.A. trimmed815,412$96M0.2%2026-Q1
BLAIR WILLIAM & CO/IL trimmed795,297$94M0.2%2026-Q1
Man Group plc trimmed783,624$93M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new766,671$91M0.2%2026-Q1
Vontobel Holding Ltd. trimmed766,101$91M0.2%2026-Q1
National Pension Service added766,090$91M0.2%2026-Q1
Mawer Investment Management Ltd. added753,283$89M0.2%2026-Q1
VANGUARD GROUP INC added47,778,909$6.0B12.8%2025-Q4 stale
CIBC Private Wealth Group LLC trimmed1,484,832$187M0.4%2025-Q4 stale
CANTILLON CAPITAL MANAGEMENT LLC trimmed1,205,716$176M0.4%2025-Q3 stale
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed999,038$156M0.3%2025-Q2 stale
Artisan Partners Limited Partnership added1,004,211$147M0.3%2025-Q3 stale
JENSEN INVESTMENT MANAGEMENT INC trimmed883,924$129M0.3%2025-Q3 stale
CCLA Investment Management trimmed885,388$111M0.2%2025-Q4 stale
Milestone Resources Group Ltd608,819$100M0.2%2025-Q1 stale
AKO CAPITAL LLP trimmed683,704$100M0.2%2025-Q3 stale

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