ZOETIS INC ZTS
CL A · Common Stock · CUSIP 98978V103 · ISIN US98978V1035
American animal health company
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersParsippany, NJ
- Founded1952
- Websitezoetis.com
- 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 ($260.9m this quarter). Holder counts are more reliable. Shares outstanding: 451.2m as of 2024-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $192.48. Options: 30 managers hold calls ($234.9m notional), 36 hold puts ($228.1m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,510 |
| Q4 2022 | 1,520 |
| Q1 2023 | 1,559 |
| Q2 2023 | 1,629 |
| Q3 2023 | 1,633 |
| Q4 2023 | 1,748 |
| Q1 2024 | 1,740 |
| Q2 2024 | 1,741 |
| Q3 2024 | 1,788 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 608 | 756 |
| Q1 2023 | 769 | 632 |
| Q2 2023 | 787 | 651 |
| Q3 2023 | 760 | 688 |
| Q4 2023 | 787 | 713 |
| Q1 2024 | 946 | 703 |
| Q2 2024 | 853 | 791 |
| Q3 2024 | 877 | 732 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $284.4m | $165.5m | 0.58 |
| Q1 2024 | $264.1m | $316.7m | 1.20 |
| Q2 2024 | $247.9m | $239.4m | 0.97 |
| Q3 2024 | $234.9m | $228.1m | 0.97 |
Biggest buyers
| MIZUHO SECURITIES USA LLC | Added | +4.9m |
| Ninety One UK Ltd | Added | +1.4m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +937.7k |
| Holocene Advisors, LP | New | +567.1k |
| Bank of New York Mellon Corp | Added | +440.6k |
| ALLIANCEBERNSTEIN L.P. | Added | +414.2k |
| Invesco Ltd. | Added | +394.1k |
| Qube Research & Technologies Ltd | Added | +391.3k |
| CREDIT AGRICOLE S A | Added | +389.1k |
| Bank Julius Baer & Co. Ltd, Zurich | Added | +384.5k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -5.5m |
| Capital Research Global Investors | Sold out | -1.9m |
| AXA S.A. | Reduced | -1.4m |
| MORGAN STANLEY | Reduced | -1.3m |
| BANK OF AMERICA CORP /DE/ | Reduced | -732.6k |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -679.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -667.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -562.5k |
| Connor, Clark & Lunn Investment Management Ltd. | Sold out | -485.3k |
| SANDS CAPITAL MANAGEMENT, LLC | Sold out | -470.9k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $56.1m287.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $43.3m221.6k shares |
| TORNO CAPITAL, LLC | Not comparable | $25.8m132.0k shares |
| JANE STREET GROUP, LLC | Added | $24.1m123.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.8m60.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $9.1m46.9k shares |
| BARCLAYS PLC | Reduced | $6.3m32.5k shares |
| IMC-Chicago, LLC | New | $5.3m27.3k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $5.1m26.0k shares |
| Walleye Capital LLC | Reduced | $5.0m25.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $48.0m245.9k shares |
| CITADEL ADVISORS LLC | Reduced | $25.8m132.0k shares |
| GROUP ONE TRADING LLC | Added | $15.8m80.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $13.7m70.1k shares |
| Eisler Capital (UK) Ltd. | Added | $13.2m67.6k shares |
| JANE STREET GROUP, LLC | Added | $12.6m64.5k shares |
| Point72 Asset Management, L.P. | New | $9.8m50.0k shares |
| Squarepoint Ops LLC | Reduced | $6.6m33.7k shares |
| Walleye Trading LLC | Added | $6.4m32.9k shares |
| BARCLAYS PLC | New | $6.3m32.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 9.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $2.3m | — |
| Q2 2023 | 0 | — | 2 | $3.1m | $3.1m |
| Q3 2023 | 0 | — | 4 | $4.7m | $4.5m |
| Q4 2023 | 0 | — | 2 | $3.3m | $3.3m |
| Q1 2024 | 0 | — | 3 | $3.8m | $3.5m |
| Q2 2024 | 0 | — | 1 | $139.5k | $139.5k |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 41.2m $8.1bn | Added +31.2k |
| BlackRock, Inc. 0.16% of their portfolio | 38.2m $7.5bn | First filing |
| STATE STREET CORP 0.16% of their portfolio | 19.8m $3.9bn | Added +95.9k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.72% of their portfolio | 16.0m $3.1bn | Reduced -113.8k |
| ALLIANCEBERNSTEIN L.P. 1.01% of their portfolio | 15.4m $3.0bn | Added +414.2k |
| BANK OF AMERICA CORP /DE/ 0.25% of their portfolio | 14.4m $2.8bn | Reduced -732.6k |
| MORGAN STANLEY 0.17% of their portfolio | 12.0m $2.4bn | Reduced -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 10.4m $2.0bn | Added +185.4k |
| Capital World Investors 0.20% of their portfolio | 6.7m $1.3bn | Reduced -99.4k |
| POLEN CAPITAL MANAGEMENT LLC 3.21% of their portfolio | 6.4m $1.2bn | Reduced -679.4k |
| WELLS FARGO & COMPANY/MN 0.30% of their portfolio | 6.3m $1.2bn | Reduced -236.3k |
| NORTHERN TRUST CORP 0.18% of their portfolio | 5.7m $1.1bn | Reduced -155.1k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.4m $1.1bn | Added +100.5k |
| Bank of New York Mellon Corp 0.19% of their portfolio | 5.1m $1.0bn | Added +440.6k |
| NORGES BANK 0.14% of their portfolio | 5.0m $970.3m | Reduced -40.5k |
| MIZUHO SECURITIES USA LLC 0.12% of their portfolio | 4.9m $11.6m | Added +4.9m |
| Nuveen Asset Management, LLC 0.26% of their portfolio | 4.7m $913.9m | Reduced -74.6k |
| Unisphere Establishment 8.28% of their portfolio | 4.5m $874.3m | Unchanged |
| FMR LLC 0.05% of their portfolio | 4.3m $848.8m | Reduced -231.9k |
| BROWN ADVISORY INC 1.06% of their portfolio | 4.3m $846.2m | Added +345.6k |
| GOLDMAN SACHS GROUP INC 0.16% of their portfolio | 4.2m $816.4m | Reduced -562.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 4.1m $806.1m | Reduced -667.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.13% of their portfolio | 3.9m $761.8m | Reduced -5.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.20% of their portfolio | 3.9m $761.2m | Added +194.5k |
| Legal & General Group Plc 0.18% of their portfolio | 3.5m $684.7m | Added +183.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.69% of their portfolio | 3.4m $662.5m | Added +10.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio | 3.4m $655.5m | Added +6.3k |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 3.1m $600.6m | Added +73.5k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 3.1m $597.4m | Reduced -43.0k |
| Clearbridge Investments, LLC 0.46% of their portfolio | 3.0m $589.6m | Reduced -26.6k |
| LAZARD ASSET MANAGEMENT LLC 0.75% of their portfolio | 2.9m $559.8m | Reduced -399.8k |
| BANQUE PICTET & CIE SA 4.97% of their portfolio | 2.6m $502.4m | Added +90.7k |
| Invesco Ltd. 0.09% of their portfolio | 2.4m $467.8m | Added +394.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.25% of their portfolio | 2.4m $464.5m | Added +351.4k |
| BLAIR WILLIAM & CO/IL 1.36% of their portfolio | 2.4m $462.6m | Added +819 |
| Veritas Asset Management LLP 3.32% of their portfolio | 2.3m $448.9m | Reduced -19.4k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 2.3m $448.3m | Added +128.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 2.3m $442.5m | Added +13.9k |
| DEUTSCHE BANK AG\ 0.18% of their portfolio | 2.2m $435.2m | Added +206.9k |
| JENSEN INVESTMENT MANAGEMENT INC 3.51% of their portfolio | 2.2m $420.1m | Added +184.8k |
| Sarasin & Partners LLP 3.80% of their portfolio | 2.1m $402.4m | Reduced -194.0k |
| BROWN BROTHERS HARRIMAN & CO 2.67% of their portfolio | 2.0m $393.4m | Reduced -28.9k |
| NEUBERGER BERMAN GROUP LLC 0.31% of their portfolio | 2.0m $391.3m | Added +9.8k |
| Amundi 0.13% of their portfolio | 1.9m $353.2m | Added +14.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.52% of their portfolio | 1.8m $354.8m | Added +26.9k |
| Swedbank AB 0.45% of their portfolio | 1.8m $354.1m | Reduced -134.2k |
| JANUS HENDERSON GROUP PLC 0.18% of their portfolio | 1.8m $346.0m | Reduced -22.8k |
| Corient Private Wealth LP 0.55% of their portfolio | 1.8m $345.6m | Added +18.8k |
| TD Asset Management Inc 0.29% of their portfolio | 1.7m $330.7m | Added +18.8k |
| Ninety One UK Ltd 0.87% of their portfolio | 1.7m $327.6m | Added +1.4m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.33% of their portfolio | 1.6m $311.9m | Reduced -306.1k |
| Epoch Investment Partners, Inc. 1.39% of their portfolio | 1.6m $309.9m | Added +104.6k |
| Pictet Asset Management Holding SA 0.33% of their portfolio | 1.5m $302.1m | Reduced -37.8k |
| BARCLAYS PLC 0.13% of their portfolio | 1.5m $299.3m | Added +315.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.73% of their portfolio | 1.5m $295.7m | Added +84.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.33% of their portfolio | 1.5m $290.6m | Added +149.0k |
| AKO CAPITAL LLP 3.80% of their portfolio | 1.5m $291.5m | Reduced -3.0k |
| California Public Employees Retirement System 0.19% of their portfolio | 1.4m $267.6m | Reduced -22.9k |
| Swiss National Bank 0.17% of their portfolio | 1.4m $264.6m | Reduced -1.3k |
| Vontobel Holding Ltd. 0.85% of their portfolio | 1.3m $263.3m | Reduced -65.8k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 2.34% of their portfolio | 1.3m $263.0m | Reduced -23.6k |
| Cantillon Capital Management LLC 1.54% of their portfolio | 1.3m $251.3m | Reduced -38.4k |
| UBS Group AG 0.07% of their portfolio | 1.3m $246.4m | Added +265.5k |
| AXA S.A. 0.72% of their portfolio | 1.3m $244.6m | Reduced -1.4m |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.94% of their portfolio | 1.2m $237.1m | Reduced -901 |
| Aberdeen Group plc 0.41% of their portfolio | 1.2m $225.1m | Reduced -26.4k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 1.2m $225.2m | Reduced -131.9k |
| NATIXIS ADVISORS, LLC 0.43% of their portfolio | 1.1m $219.1m | Added +32.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 1.1m $217.4m | Added +7.4k |
| COMGEST GLOBAL INVESTORS S.A.S. 3.11% of their portfolio | 1.1m $216.9m | Added +197.2k |
| Allianz Asset Management GmbH 0.33% of their portfolio | 1.1m $213.8m | Added +57.1k |
| RHUMBLINE ADVISERS 0.19% of their portfolio | 1.1m $207.6m | Reduced -33.4k |
| Stonehage Fleming Financial Services Holdings Ltd 5.37% of their portfolio | 1.0m $203.4m | Reduced -18.2k |
| Fayez Sarofim & Co 0.51% of their portfolio | 1.0m $201.4m | Added +77.4k |
| Williams Jones Wealth Management, LLC. 2.26% of their portfolio | 984.8k $192.4m | Reduced -3.0k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 984.6k $191.8m | Reduced -136.5k |
| CIBC Private Wealth Group LLC 0.34% of their portfolio | 975.1k $190.5m | Reduced -24.8k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 940.0k $4.8k | Added +937.7k |
| National Pension Service 0.18% of their portfolio | 933.4k $182.4m | Added +96.5k |
| RAYMOND JAMES & ASSOCIATES 0.11% of their portfolio | 925.4k $180.8m | Added +130.9k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 918.8k $179.5m | Added +18.9k |
| Lazard Freres Gestion S.A.S. 3.69% of their portfolio | 891.0k $174.1m | Added +197.3k |
| MARSHALL WACE, LLP 0.21% of their portfolio | 812.7k $158.8m | Reduced -23.0k |
| Thrivent Financial for Lutherans 0.30% of their portfolio | 801.5k $156.6m | Reduced -95.5k |
| Russell Investments Group, Ltd. 0.22% of their portfolio | 783.7k $153.1m | Added +52.5k |
| Ownership Capital B.V. 4.82% of their portfolio | 771.6k $150.8m | Reduced -37.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 742.7k $145.1m | Reduced -4.4k |
| Intermede Investment Partners Ltd 3.18% of their portfolio | 737.6k $144.1m | Reduced -14.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.13% of their portfolio | 718.6k $140.4m | Added +29.9k |
| STIFEL FINANCIAL CORP 0.15% of their portfolio | 715.1k $139.7m | Added +17.2k |
| CREDIT AGRICOLE S A 0.71% of their portfolio | 693.0k $135.4m | Added +389.1k |
| CONGRESS ASSET MANAGEMENT CO 0.92% of their portfolio | 689.8k $134.8m | Added +3.1k |
| CI INVESTMENTS INC. 0.51% of their portfolio | 688.5k $134.5m | Added +41.9k |
| FEDERATED HERMES, INC. 0.29% of their portfolio | 670.4k $131.0m | Added +35.1k |
| Robeco Institutional Asset Management B.V. 0.26% of their portfolio | 663.5k $129.6m | Added +4.8k |
| TCW GROUP INC 1.08% of their portfolio | 631.6k $123.4m | Reduced -57.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 626.2k $122.3m | Reduced -163.2k |
| CCLA Investment Management 1.69% of their portfolio | 622.7k $109.6m | Unchanged |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.27% of their portfolio | 618.6k $120.9m | Reduced -4.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 613.5k $119.9m | Reduced -44.9k |