ZKH GROUP LTD ZKH
SPONSORED ADS · ADR · CUSIP 98877R104
- SectorConsumer discretionary
- IndustryRetail-Building Materials, Hardware, Garden Supply
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $2.96.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 6 |
| Q1 2024 | 5 |
| Q2 2024 | 12 |
| Q3 2024 | 16 |
| Q4 2024 | 16 |
| Q1 2025 | 15 |
| Q2 2025 | 14 |
| Q3 2025 | 12 |
| Q4 2025 | 19 |
| Q1 2026 | 19 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 9 | 0 |
| Q3 2024 | 7 | 3 |
| Q4 2024 | 6 | 7 |
| Q1 2025 | 5 | 8 |
| Q2 2025 | 4 | 8 |
| Q3 2025 | 6 | 5 |
| Q4 2025 | 10 | 5 |
| Q1 2026 | 7 | 9 |
Biggest buyers
| FIL Ltd | Added | +485.1k |
| JPMORGAN CHASE & CO | Added | +356.1k |
| CITADEL ADVISORS LLC | Added | +38.4k |
| ROYAL BANK OF CANADA | New | +503 |
| STATE STREET CORP | Added | +432 |
| Tower Research Capital LLC (TRC) | New | +259 |
| Caitong International Asset Management Co., Ltd | New | +10 |
Biggest sellers
| UBS Group AG | Sold out | -28.2k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -10.7k |
| Police & Firemen's Retirement System of New Jersey | Sold out | -5.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -3.9k |
| Centiva Capital, LP | Reduced | -2.2k |
| Invesco Ltd. | Reduced | -2.1k |
| XTX Topco Ltd | Reduced | -2.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.6k |
| BANK OF AMERICA CORP /DE/ | Sold out | -796 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FIL Ltd 13G · institution new · filed 2026-02-05 | 6.0% |
Fell to 5% or below in the last year: RAYS Capital Partners Ltd (4.5%, 2026-02-13), TIGER GLOBAL MANAGEMENT LLC (0.0%, 2025-11-14)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 10.6m $31.4m | Unchanged |
| FIL Ltd 0.02% of their portfolio | 8.1m $24.0m | Added +485.1k |
| Boundless Plain Holdings Ltd 2.34% of their portfolio | 2.4m $7.1m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 411.3k $1.3m | Added +356.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 89.9k $266.1k | Reduced -1.6k |
| Invesco Ltd. 0.00% of their portfolio | 76.9k $227.5k | Reduced -2.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 66.3k $196.3k | Added +38.4k |
| Oasis Management Co Ltd. 0.02% of their portfolio | 50.0k $148.0k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 24.9k $73.7k | Reduced -3.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 19.7k $58.0k | Reduced -10.7k |
| XTX Topco Ltd 0.00% of their portfolio | 15.2k $45.0k | Reduced -2.0k |
| Centiva Capital, LP 0.00% of their portfolio | 14.4k $42.5k | Reduced -2.2k |
| STATE STREET CORP 0.00% of their portfolio | 11.2k $33.2k | Added +432 |
| FMR LLC 0.00% of their portfolio | 1.8k $5.2k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 503 $1.0k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 432 $1.3k | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 291 $861 | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 259 $767 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 10 $30 | New |