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 ($215.7m this quarter). Holder counts are more reliable. Shares outstanding: 447.8m as of 2025-02-07, 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 ≈ $162.87. Options: 31 managers hold calls ($232.9m notional), 35 hold puts ($257.6m).
Trends to Q4 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 |
| Q4 2024 | 1,875 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 797 | 864 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $264.1m | $316.7m | 1.20 |
| Q2 2024 | $247.9m | $239.4m | 0.97 |
| Q3 2024 | $234.9m | $228.1m | 0.97 |
| Q4 2024 | $232.9m | $257.6m | 1.11 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.1m |
| POLEN CAPITAL MANAGEMENT LLC | Added | +1.1m |
| Capital Research Global Investors | New | +1.1m |
| CITADEL ADVISORS LLC | New | +1.1m |
| Amundi | Added | +868.0k |
| GOLDMAN SACHS GROUP INC | Added | +866.4k |
| NORTHERN TRUST CORP | Added | +755.9k |
| Assenagon Asset Management S.A. | Added | +665.3k |
| DEUTSCHE BANK AG\ | Added | +661.3k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +572.5k |
Biggest sellers
| MIZUHO SECURITIES USA LLC | Reduced | -4.9m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.6m |
| JPMORGAN CHASE & CO | Reduced | -3.3m |
| FMR LLC | Reduced | -3.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.3m |
| Sarasin & Partners LLP | Sold out | -2.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -1.3m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -936.3k |
| Nuveen Asset Management, LLC | Reduced | -736.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $34.5m212.0k shares |
| PUBLIC INVESTMENT FUND | New | $31.5m193.5k shares |
| CITADEL ADVISORS LLC | Reduced | $24.7m151.3k shares |
| TORNO CAPITAL, LLC | Unchanged | $21.5m132.0k shares |
| JANE STREET GROUP, LLC | Reduced | $19.3m118.7k shares |
| Polar Asset Management Partners Inc. | New | $16.3m100.0k shares |
| Walleye Capital LLC | Added | $12.3m75.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.5m70.4k shares |
| JPMORGAN CHASE & CO | New | $10.7m65.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $7.1m44.0k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $67.4m413.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $49.5m304.1k shares |
| CITADEL ADVISORS LLC | Reduced | $18.7m114.7k shares |
| UBS Group AG | Added | $15.5m95.1k shares |
| JANE STREET GROUP, LLC | Added | $12.0m73.5k shares |
| Walleye Capital LLC | Added | $9.7m59.7k shares |
| Caption Management, LLC | New | $9.0m55.0k shares |
| IMC-Chicago, LLC | Added | $8.2m50.3k shares |
| Walleye Trading LLC | Added | $7.4m45.4k shares |
| NOMURA HOLDINGS INC | New | $6.5m40.0k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 0 | — | 1 | $617.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-25 | Polzer Robert J Executive Vice President | Sold | $617.0k3.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 41.4m $6.7bn | Added +120.2k |
| BlackRock, Inc. 0.13% of their portfolio | 38.7m $6.3bn | Added +476.5k |
| STATE STREET CORP 0.13% of their portfolio | 19.8m $3.2bn | Added +63.5k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.38% of their portfolio | 16.0m $2.6bn | Reduced -26.1k |
| MORGAN STANLEY 0.14% of their portfolio | 11.8m $1.9bn | Reduced -197.4k |
| ALLIANCEBERNSTEIN L.P. 0.65% of their portfolio | 11.8m $1.9bn | Reduced -3.6m |
| BANK OF AMERICA CORP /DE/ 0.17% of their portfolio | 11.5m $1.9bn | Reduced -2.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 10.6m $1.7bn | Added +190.1k |
| POLEN CAPITAL MANAGEMENT LLC 3.29% of their portfolio | 7.5m $1.2bn | Added +1.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.21% of their portfolio | 7.0m $1.1bn | Added +3.1m |
| Capital World Investors 0.16% of their portfolio | 6.6m $1.1bn | Reduced -121.2k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 6.4m $1.0bn | Added +755.9k |
| WELLS FARGO & COMPANY/MN 0.23% of their portfolio | 5.9m $966.6m | Reduced -340.7k |
| Bank of New York Mellon Corp 0.17% of their portfolio | 5.6m $906.2m | Added +433.4k |
| NORGES BANK 0.11% of their portfolio | 5.1m $824.3m | Added +92.9k |
| GOLDMAN SACHS GROUP INC 0.16% of their portfolio | 5.0m $822.0m | Added +866.4k |
| Unisphere Establishment 6.82% of their portfolio | 4.8m $782.1m | Added +325.0k |
| BROWN ADVISORY INC 0.85% of their portfolio | 4.1m $667.3m | Reduced -235.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 4.1m $664.5m | Added +182.5k |
| Nuveen Asset Management, LLC 0.18% of their portfolio | 3.9m $642.1m | Reduced -736.6k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 3.4m $560.1m | Added +363.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 3.4m $553.0m | Added +39.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.58% of their portfolio | 3.3m $543.1m | Reduced -57.7k |
| Legal & General Group Plc 0.14% of their portfolio | 3.3m $540.5m | Reduced -187.3k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 3.2m $523.5m | Added +159.4k |
| DEUTSCHE BANK AG\ 0.18% of their portfolio | 2.9m $470.7m | Added +661.3k |
| Clearbridge Investments, LLC 0.37% of their portfolio | 2.8m $459.3m | Reduced -198.7k |
| Amundi 0.16% of their portfolio | 2.7m $453.4m | Added +868.0k |
| Invesco Ltd. 0.08% of their portfolio | 2.7m $441.6m | Added +316.4k |
| LAZARD ASSET MANAGEMENT LLC 0.63% of their portfolio | 2.7m $433.7m | Reduced -203.6k |
| BANQUE PICTET & CIE SA 4.11% of their portfolio | 2.6m $422.1m | Added +18.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.21% of their portfolio | 2.4m $390.8m | Added +21.3k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 2.3m $382.1m | Added +50.6k |
| BLAIR WILLIAM & CO/IL 1.06% of their portfolio | 2.2m $365.0m | Reduced -127.4k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 2.1m $348.1m | Reduced -3.3m |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 2.1m $347.3m | Reduced -133.1k |
| JENSEN INVESTMENT MANAGEMENT INC 3.13% of their portfolio | 2.1m $346.0m | Reduced -27.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.35% of their portfolio | 2.1m $336.3m | Added +572.5k |
| Pictet Asset Management Holding SA 0.35% of their portfolio | 2.0m $326.1m | Added +455.2k |
| Veritas Asset Management LLP 3.00% of their portfolio | 2.0m $321.4m | Reduced -324.8k |
| BROWN BROTHERS HARRIMAN & CO 2.22% of their portfolio | 1.9m $317.2m | Reduced -66.7k |
| NEUBERGER BERMAN GROUP LLC 0.25% of their portfolio | 1.9m $313.4m | Reduced -78.8k |
| Swedbank AB 0.38% of their portfolio | 1.9m $312.1m | Added +103.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.8m $299.2m | Reduced -2.3m |
| UBS Group AG 0.07% of their portfolio | 1.8m $293.3m | Added +539.1k |
| Ninety One UK Ltd 0.74% of their portfolio | 1.7m $275.2m | Added +12.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.26% of their portfolio | 1.7m $271.9m | Added +68.2k |
| Corient Private Wealth LP 0.45% of their portfolio | 1.6m $268.8m | Reduced -119.1k |
| TD Asset Management Inc 0.23% of their portfolio | 1.6m $263.7m | Reduced -79.2k |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 1.6m $261.8m | Reduced -164.6k |
| Vontobel Holding Ltd. 0.89% of their portfolio | 1.6m $259.0m | Added +241.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.10% of their portfolio | 1.6m $253.3m | Reduced -261.6k |
| AKO CAPITAL LLP 3.39% of their portfolio | 1.5m $245.4m | Added +13.8k |
| Epoch Investment Partners, Inc. 1.13% of their portfolio | 1.4m $232.4m | Reduced -159.9k |
| AXA S.A. 0.68% of their portfolio | 1.4m $223.1m | Added +117.7k |
| California Public Employees Retirement System 0.15% of their portfolio | 1.4m $220.6m | Reduced -15.7k |
| Cantillon Capital Management LLC 1.27% of their portfolio | 1.3m $210.7m | Added +6.9k |
| Swiss National Bank 0.14% of their portfolio | 1.3m $208.5m | Reduced -74.4k |
| FMR LLC 0.01% of their portfolio | 1.3m $207.9m | Reduced -3.1m |
| COMGEST GLOBAL INVESTORS S.A.S. 3.36% of their portfolio | 1.3m $204.8m | Added +147.2k |
| National Pension Service 0.19% of their portfolio | 1.2m $197.6m | Added +279.2k |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 1.2m $196.7m | First filing |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.77% of their portfolio | 1.2m $193.3m | Reduced -26.7k |
| Fayez Sarofim & Co 0.46% of their portfolio | 1.2m $191.3m | Added +143.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.77% of their portfolio | 1.2m $190.5m | Reduced -176.9k |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 1.1m $185.8m | Reduced -12.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.12% of their portfolio | 1.1m $181.0m | Reduced -2.0k |
| Aberdeen Group plc 0.34% of their portfolio | 1.1m $179.1m | Reduced -52.1k |
| Capital Research Global Investors 0.04% of their portfolio | 1.1m $178.7m | New |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 1.1m $177.7m | New |
| CREDIT AGRICOLE S A 0.59% of their portfolio | 1.1m $175.5m | Added +384.4k |
| Lazard Freres Gestion S.A.S. 3.51% of their portfolio | 1.1m $175.1m | Added +183.9k |
| RHUMBLINE ADVISERS 0.15% of their portfolio | 1.1m $173.2m | Added +515 |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 1.0m $168.3m | Added +113.9k |
| Allianz Asset Management GmbH 0.24% of their portfolio | 1.0m $163.5m | Reduced -91.0k |
| Williams Jones Wealth Management, LLC. 1.88% of their portfolio | 958.9k $156.2m | Reduced -25.9k |
| BARCLAYS PLC 0.08% of their portfolio | 951.3k $155.0m | Reduced -580.4k |
| CIBC Private Wealth Group LLC 0.28% of their portfolio | 949.7k $156.7m | Reduced -25.4k |
| Employees Provident Fund Board 1.86% of their portfolio | 919.7k $149.8m | Added +371.1k |
| Assenagon Asset Management S.A. 0.26% of their portfolio | 889.4k $144.9m | Added +665.3k |
| NATIXIS ADVISORS, LLC 0.26% of their portfolio | 855.9k $139.5m | Reduced -265.4k |
| Ownership Capital B.V. 5.09% of their portfolio | 849.0k $138.3m | Added +77.4k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 833.5k $135.8m | Reduced -151.1k |
| Thrivent Financial for Lutherans 0.25% of their portfolio | 791.5k $129.3m | Reduced -10.0k |
| MARSHALL WACE, LLP 0.16% of their portfolio | 788.4k $128.5m | Reduced -24.3k |
| CCLA Investment Management 1.96% of their portfolio | 758.3k $123.6m | Added +135.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 734.7k $119.7m | Added +16.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 711.6k $115.9m | Reduced -31.1k |
| Lansforsakringar Fondforvaltning AB (publ) 0.43% of their portfolio | 701.9k $114.4m | First filing |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 693.2k $113.0m | Reduced -22.0k |
| Stonehage Fleming Financial Services Holdings Ltd 3.14% of their portfolio | 688.8k $112.2m | Reduced -352.4k |
| Squarepoint Ops LLC 0.28% of their portfolio | 676.6k $110.2m | Added +361.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 675.7k $110.1m | Added +49.6k |
| CI INVESTMENTS INC. 0.41% of their portfolio | 661.9k $107.8m | Reduced -26.6k |
| Fiera Capital Corp 0.33% of their portfolio | 644.4k $105.0m | Added +55.5k |
| Milestone Resources Group Ltd 3.28% of their portfolio | 608.8k $99.2m | Reduced -994 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.13% of their portfolio | 608.1k $99.1m | Reduced -5.4k |
| Intermede Investment Partners Ltd 2.66% of their portfolio | 577.8k $94.1m | Reduced -159.8k |
| VAN ECK ASSOCIATES CORP 0.12% of their portfolio | 577.7k $94.1m | Added +12.5k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 577.6k $94.1m | Reduced -41.0k |