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 ($474.5m this quarter). Holder counts are more reliable. Shares outstanding: 419.2m as of 2026-05-01, 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 ≈ $118.15. Options: 28 managers hold calls ($259.0m notional), 28 hold puts ($181.7m).
Trends to Q1 2026
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 |
| Q1 2025 | 1,890 |
| Q2 2025 | 1,873 |
| Q3 2025 | 1,804 |
| Q4 2025 | 1,682 |
| Q1 2026 | 1,616 |
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 | 853 | 791 |
| Q3 2024 | 877 | 732 |
| Q4 2024 | 797 | 864 |
| Q1 2025 | 901 | 853 |
| Q2 2025 | 862 | 878 |
| Q3 2025 | 722 | 994 |
| Q4 2025 | 561 | 1,156 |
| Q1 2026 | 752 | 836 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $248.8m | $237.0m | 0.95 |
| Q3 2025 | $337.3m | $320.3m | 0.95 |
| Q4 2025 | $440.7m | $179.1m | 0.41 |
| Q1 2026 | $259.0m | $181.7m | 0.70 |
Biggest buyers
| FIL Ltd | Added | +3.4m |
| Ruane, Cunniff & Goldfarb L.P. | New | +2.4m |
| RAYMOND JAMES FINANCIAL INC | Added | +2.2m |
| Southpoint Capital Advisors LP | Added | +1.7m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +1.7m |
| VAN ECK ASSOCIATES CORP | Added | +1.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.3m |
| JPMORGAN CHASE & CO | Added | +1.2m |
| JUPITER ASSET MANAGEMENT LTD | New | +1.0m |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +932.3k |
Biggest sellers
| J. Stern & Co. LLP | Reduced | -23.9m |
| Unisphere Establishment | Reduced | -2.0m |
| BlackRock, Inc. | Reduced | -1.8m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -1.5m |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| D. E. Shaw & Co., Inc. | Reduced | -1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.1m |
| Sarasin & Partners LLP | Reduced | -1.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $112.3m950.3k shares |
| CITADEL ADVISORS LLC | Reduced | $32.4m273.8k shares |
| JANE STREET GROUP, LLC | Reduced | $17.8m150.2k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $14.5m123.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $13.5m114.4k shares |
| IMC-Chicago, LLC | Reduced | $13.2m111.8k shares |
| GROUP ONE TRADING LLC | Added | $12.8m108.6k shares |
| Brooklands Fund Management Ltd | New | $7.7m74.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.4m54.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $5.4m46.1k shares |
Biggest puts
| MARSHALL WACE, LLP | New | $29.7m251.3k shares |
| CITADEL ADVISORS LLC | Added | $25.2m213.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $22.0m186.0k shares |
| WELLS FARGO & COMPANY/MN | New | $20.5m173.0k shares |
| JANE STREET GROUP, LLC | Added | $16.2m137.1k shares |
| ROYAL BANK OF CANADA | Added | $12.0m101.9k shares |
| IMC-Chicago, LLC | Reduced | $7.3m62.0k shares |
| LOGAN CAPITAL MANAGEMENT INC | New | $5.6m47.0k shares |
| Walleye Capital LLC | Reduced | $5.5m46.9k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $5.3m44.8k 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 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.
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $139.5k | $139.5k |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $617.0k | — |
| Q1 2025 | 0 | — | 3 | $372.1k | $171.1k |
| Q2 2025 | 0 | — | 1 | $110.8k | $110.8k |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $2.5m | $2.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-17 | PECK KRISTIN C Chief Executive Officer, director | Sold plan | $2.5m20.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.07% of their portfolio | 35.6m $4.2bn | Reduced -1.8m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 26.1m $3.1bn | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.15% of their portfolio | 24.0m $2.8bn | First filing |
| STATE STREET CORP 0.08% of their portfolio | 19.3m $2.3bn | Reduced -472.5k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.48% of their portfolio | 15.9m $1.9bn | Unchanged |
| MORGAN STANLEY 0.10% of their portfolio | 14.1m $1.7bn | Reduced -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 11.3m $1.3bn | Added +21.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.22% of their portfolio | 10.2m $1.2bn | Reduced -1.2m |
| NORDEA INVESTMENT MANAGEMENT AB 0.63% of their portfolio | 5.9m $679.8m | Added +932.3k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 5.5m $655.6m | Reduced -202.6k |
| DEUTSCHE BANK AG\ 0.22% of their portfolio | 5.5m $653.9m | Reduced -26.2k |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 5.5m $649.1m | Added +701.6k |
| FIL Ltd 0.50% of their portfolio | 5.5m $648.6m | Added +3.4m |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 4.8m $571.1m | Added +327.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 4.4m $519.9m | Added +572.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.34% of their portfolio | 4.2m $501.7m | Added +3.9k |
| POLEN CAPITAL MANAGEMENT LLC 3.45% of their portfolio | 4.2m $499.2m | Reduced -1.3m |
| BROWN ADVISORY INC 0.81% of their portfolio | 4.2m $495.1m | Added +140.8k |
| VAN ECK ASSOCIATES CORP 0.35% of their portfolio | 3.9m $466.8m | Added +1.6m |
| Bank of New York Mellon Corp 0.08% of their portfolio | 3.9m $461.0m | Reduced -405.7k |
| Fundsmith LLP 3.57% of their portfolio | 3.9m $458.4m | Reduced -23.2k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.7m $441.0m | Added +304.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 3.7m $440.1m | Added +64.7k |
| JANUS HENDERSON GROUP PLC 0.21% of their portfolio | 3.7m $437.6m | Reduced -182.4k |
| Legal & General Group Plc 0.10% of their portfolio | 3.7m $431.6m | Added +96.3k |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 3.6m $457.1m | Reduced -67.1k |
| Invesco Ltd. 0.04% of their portfolio | 3.5m $418.6m | Added +179.0k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 3.4m $394.0m | Added +1.2m |
| RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio | 3.2m $374.3m | Added +2.2m |
| Amundi 0.10% of their portfolio | 3.2m $374.3m | Reduced -835.0k |
| Swedbank AB 0.37% of their portfolio | 3.0m $355.1m | Added +269.6k |
| Nuveen, LLC 0.09% of their portfolio | 3.0m $350.6m | Reduced -318.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 2.16% of their portfolio | 2.9m $346.1m | Reduced -231.2k |
| Unisphere Establishment 2.78% of their portfolio | 2.8m $331.0m | Reduced -2.0m |
| UBS Group AG 0.06% of their portfolio | 2.8m $330.9m | Reduced -27.8k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 2.8m $327.6m | Reduced -63.0k |
| Ruane, Cunniff & Goldfarb L.P. 4.76% of their portfolio | 2.4m $286.7m | New |
| VANGUARD FIDUCIARY TRUST CO 0.07% of their portfolio | 2.4m $283.2m | First filing |
| Southpoint Capital Advisors LP 5.35% of their portfolio | 2.2m $260.1m | Added +1.7m |
| HSBC HOLDINGS PLC 0.15% of their portfolio | 2.1m $243.7m | Reduced -585.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 2.0m $233.5m | Reduced -1.1m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.0m $233.4m | Added +339.6k |
| BLS Capital Fondsmaeglerselskab A/S 7.87% of their portfolio | 2.0m $231.2m | Reduced -20.9k |
| Pictet Asset Management Holding SA 0.24% of their portfolio | 1.9m $227.4m | Reduced -481.0k |
| BANQUE PICTET & CIE SA 2.49% of their portfolio | 1.8m $215.1m | Reduced -558.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.83% of their portfolio | 1.8m $215.0m | Added +1.7m |
| BARCLAYS PLC 0.08% of their portfolio | 1.8m $214.0m | Added +770.8k |
| CIBC Bancorp USA Inc. 0.27% of their portfolio | 1.7m $199.4m | First filing |
| MONTRUSCO BOLTON INVESTMENTS INC. 2.90% of their portfolio | 1.7m $191.4m | Reduced -501.7k |
| MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio | 1.6m $195.0m | Added +1.3m |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 1.6m $190.5m | Reduced -326.3k |
| TD Asset Management Inc 0.15% of their portfolio | 1.6m $185.5m | Added +5.1k |
| Employees Provident Fund Board 1.37% of their portfolio | 1.5m $181.7m | Unchanged |
| BROWN BROTHERS HARRIMAN & CO 0.90% of their portfolio | 1.4m $167.5m | Reduced -253.6k |
| Capital Research Global Investors 0.03% of their portfolio | 1.4m $166.5m | Reduced -20.6k |
| Impax Asset Management Group plc 1.08% of their portfolio | 1.3m $155.0m | Reduced -266.3k |
| Swiss National Bank 0.09% of their portfolio | 1.3m $152.9m | Added +79.9k |
| Veritas Asset Management LLP 2.51% of their portfolio | 1.3m $148.1m | Reduced -509.1k |
| RHUMBLINE ADVISERS 0.12% of their portfolio | 1.2m $145.3m | Added +4.1k |
| Aberdeen Group plc 0.23% of their portfolio | 1.2m $143.5m | Added +25.8k |
| CITIGROUP INC 0.09% of their portfolio | 1.1m $133.7m | Added +96.3k |
| FUNDSMITH INVESTMENT SERVICES LTD. 3.01% of their portfolio | 1.1m $132.4m | Reduced -86.3k |
| Ninety One UK Ltd 0.31% of their portfolio | 1.1m $131.6m | Reduced -33.2k |
| COMGEST GLOBAL INVESTORS S.A.S. 2.80% of their portfolio | 1.1m $128.6m | Reduced -305.0k |
| Epoch Investment Partners, Inc. 0.77% of their portfolio | 1.1m $127.7m | Reduced -52.9k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.09% of their portfolio | 1.1m $124.2m | Reduced -3.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 1.0m $124.1m | Reduced -324.7k |
| Lazard Freres Gestion S.A.S. 2.45% of their portfolio | 1.0m $124.0m | Reduced -7.6k |
| JUPITER ASSET MANAGEMENT LTD 0.64% of their portfolio | 1.0m $119.6m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.14% of their portfolio | 1.0m $122.2m | Added +235.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.0m $120.3m | Reduced -273.8k |
| AVIVA PLC 0.19% of their portfolio | 968.7k $114.5m | Added +34.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 963.8k $113.9m | Reduced -132.5k |
| California Public Employees Retirement System 0.07% of their portfolio | 936.4k $110.7m | Reduced -97.2k |
| Vanguard Global Advisers, LLC 0.06% of their portfolio | 926.2k $109.5m | First filing |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 924.3k $109.3m | Reduced -326.3k |
| LAZARD ASSET MANAGEMENT LLC 0.18% of their portfolio | 913.0k $107.9m | Reduced -159.7k |
| Alecta Tjanstepension Omsesidigt 0.51% of their portfolio | 882.2k $104.2m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.18% of their portfolio | 867.8k $102.7m | Added +74.3k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 866.5k $102.4m | Reduced -318.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.40% of their portfolio | 853.1k $100.8m | Reduced -291.5k |
| Scharf Investments, LLC 3.05% of their portfolio | 837.3k $99.0m | Added +18.4k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 834.4k $98.6m | Reduced -463.6k |
| Assenagon Asset Management S.A. 0.15% of their portfolio | 815.4k $96.4m | Reduced -816.2k |
| BLAIR WILLIAM & CO/IL 0.27% of their portfolio | 795.3k $94.0m | Reduced -174.7k |
| Man Group plc 0.19% of their portfolio | 783.6k $92.6m | Reduced -3.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.08% of their portfolio | 766.7k $90.6m | First filing |
| Vontobel Holding Ltd. 0.31% of their portfolio | 766.1k $90.6m | Reduced -309.3k |
| National Pension Service 0.07% of their portfolio | 766.1k $90.6m | Added +50.9k |
| Mawer Investment Management Ltd. 0.58% of their portfolio | 753.3k $89.0m | Added +398.8k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.38% of their portfolio | 748.2k $88.4m | Reduced -102.7k |
| Rathbones Group PLC 0.17% of their portfolio | 709.0k $83.8m | Reduced -41.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 704.2k $83.2m | Reduced -19.3k |
| Tandem Investment Advisors, Inc. 3.94% of their portfolio | 679.8k $80.4m | Reduced -28.0k |
| Maj Invest Holding A/S 3.51% of their portfolio | 675.2k $79.8m | New |
| Walleye Trading LLC 1.64% of their portfolio | 672.9k $79.5m | Added +142.5k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 667.2k $78.9m | Reduced -5.8k |
| TORONTO DOMINION BANK 0.15% of their portfolio | 665.1k $78.6m | Added +390.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 649.3k $76.8m | Reduced -25.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio | 634.6k $75.0m | Reduced -338.8k |