Vault-13

ZTO EXPRESS CAYMAN INC ZTO

SPONSORED ADS A · ADR · CUSIP 98980A105 · ISIN US98980A1051

243 institutional holders +13 vs Q1 2024
209,861,493209.9m shares reported held*
$4.4bnreported value*
53 new 74 added 84 reduced 39 sold out net sold ≈ $766.9m (-37.0m shares)

* 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.75. Options: 14 managers hold calls ($254.3m notional), 16 hold puts ($40.7m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 243Q4 22: 243Q1 23: 252Q2 23: 240Q3 23: 241Q4 23: 234Q1 24: 230Q2 24: 243243Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022243
Q4 2022243
Q1 2023252
Q2 2023240
Q3 2023241
Q4 2023234
Q1 2024230
Q2 2024243

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 118 bought or addedQ4 22: 119 cut or sold outQ4 22Q1 23: 141 bought or addedQ1 23: 104 cut or sold outQ2 23: 116 bought or addedQ2 23: 126 cut or sold outQ2 23Q3 23: 115 bought or addedQ3 23: 126 cut or sold outQ4 23: 97 bought or addedQ4 23: 145 cut or sold outQ4 23Q1 24: 109 bought or addedQ1 24: 120 cut or sold outQ2 24: 127 bought or addedQ2 24: 123 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022118119
Q1 2023141104
Q2 2023116126
Q3 2023115126
Q4 202397145
Q1 2024109120
Q2 2024127123

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 23 calls: $193.1mQ3 23 puts: $219.0mQ3 23P/C 1.13Q4 23 calls: $211.8mQ4 23 puts: $191.1mQ4 23P/C 0.90Q1 24 calls: $163.6mQ1 24 puts: $108.8mQ1 24P/C 0.67Q2 24 calls: $254.3mQ2 24 puts: $40.7mQ2 24P/C 0.16
Numbers
QuarterCallsPutsP/C
Q3 2023$193.1m$219.0m1.13
Q4 2023$211.8m$191.1m0.90
Q1 2024$163.6m$108.8m0.67
Q2 2024$254.3m$40.7m0.16

Biggest buyers

Harding Loevner LP Added +4,929,071+4.9m
Fisher Asset Management, LLC New +3,166,868+3.2m
PRICE T ROWE ASSOCIATES INC /MD/ Added +2,043,143+2.0m
BANK OF MONTREAL /CAN/ Added +1,155,793+1.2m
CITIGROUP INC Added +465,923+465.9k
ENVESTNET ASSET MANAGEMENT INC Added +463,496+463.5k
UBS Group AG Added +403,811+403.8k
NORTHERN TRUST CORP Added +357,070+357.1k
Qube Research & Technologies Ltd New +311,273+311.3k
State of New Jersey Common Pension Fund D Added +277,110+277.1k

Biggest sellers

MORGAN STANLEY Reduced -11,663,566-11.7m
Invesco Ltd. Reduced -8,655,732-8.7m
Capital Research Global Investors Reduced -2,966,039-3.0m
Green Court Capital Management Ltd Reduced -2,138,952-2.1m
Tiger Pacific Capital LP Reduced -2,124,108-2.1m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,985,587-2.0m
PLATINUM INVESTMENT MANAGEMENT LTD Reduced -1,771,604-1.8m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -1,704,752-1.7m
VICTORY CAPITAL MANAGEMENT INC Reduced -1,666,773-1.7m
MILLENNIUM MANAGEMENT LLC Reduced -1,575,411-1.6m

Biggest calls

JANE STREET GROUP, LLC Added $202.3m9.8m shares
UBS Group AG Unchanged $26.1m1.3m shares
Walleye Trading LLC Added $9.6m462.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.0m192.5k shares
GROUP ONE TRADING LLC Added $2.6m125.4k shares
GOLDMAN SACHS GROUP INC Added $2.1m101.9k shares
JPMORGAN CHASE & CO Unchanged $2.1m100.0k shares
Parallax Volatility Advisers, L.P. Added $1.5m70.0k shares
Cubist Systematic Strategies, LLC Reduced $1.1m52.5k shares
Walleye Capital LLC Reduced $937.9k45.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.7m467.9k shares
CITADEL ADVISORS LLC Reduced $7.3m353.5k shares
Sculptor Capital LP Unchanged $6.9m334.2k shares
Squarepoint Ops LLC Added $3.2m153.1k shares
HBK INVESTMENTS L P Unchanged $2.4m116.5k shares
SIMPLEX TRADING, LLC Reduced $2.2m104.7k shares
JANE STREET GROUP, LLC Reduced $2.1m100.1k shares
GROUP ONE TRADING LLC Reduced $2.0m98.1k shares
GTS SECURITIES LLC Reduced $1.7m82.1k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $1.0m50.0k 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.

Insider purchases and sales in Q2 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.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 19,035,38519.0m $395.0m $395.0m 0.08% Reduced -8.7m -8,655,732
2 BlackRock Inc. 0.01% of their portfolio New York, NY 17,642,95917.6m $366.1m $366.1m 0.01% Reduced -505.7k -505,696
3 Harding Loevner LP 1.89% of their portfolio Bridgewater, NJ 16,462,13416.5m $341.5m $341.5m 1.89% Added +4.9m +4,929,071
4 PLATINUM INVESTMENT MANAGEMENT LTD 13.14% of their portfolio SYDNEY AUSTRALIA 2000, C3 15,657,00615.7m $324.9m $324.9m 13.14% Reduced -1.8m -1,771,604
5 Temasek Holdings (Private) Ltd 1.00% of their portfolio SINGAPORE, U0 10,426,75010.4m $216.4m $216.4m 1.00% Unchanged
6 FMR LLC 0.01% of their portfolio BOSTON, MA 8,936,5298.9m $185.4m $185.4m 0.01% Added +8.6k +8,645
7 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 8,240,3218.2m $171.0m $171.0m 0.03% Reduced -1.2m -1,235,480
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 7,223,5877.2m $149.9m $149.9m 0.02% Added +2.0m +2,043,143
9 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,515,6096.5m $135.2m $135.2m 0.01% Reduced -106.3k -106,279
10 PZENA INVESTMENT MANAGEMENT LLC 0.43% of their portfolio NEW YORK, NY 5,960,2726.0m $123.7m $123.7m 0.43% Added +70.5k +70,527
11 Aspex Management (HK) Ltd 2.31% of their portfolio CENTRAL, K3 5,215,2045.2m $108.2m $108.2m 2.31% Reduced -1.5m -1,487,812
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,209,7825.2m $108.1m $108.1m 0.00% Reduced -538.5k -538,508
13 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 5,072,4945.1m $105.3m $105.3m 0.02% Reduced -3.0m -2,966,039
14 SERENITY CAPITAL MANAGEMENT PTE. LTD. 64.92% of their portfolio Singapore, U0 5,056,9875.1m $104.9m $104.9m 64.92% Reduced -1.0m -1,000,000
15 Greenwoods Asset Management Hong Kong Ltd. 2.74% of their portfolio HONG KONG, K3 5,013,8975.0m $104.0m $104.0m 2.74% Reduced -145.8k -145,780
16 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,292,1854.3m $89.1m $89.1m 0.03% Added +403.8k +403,811
17 Green Court Capital Management Ltd 47.49% of their portfolio HONG KONG, K3 3,531,3493.5m $73.3m $73.3m 47.49% Reduced -2.1m -2,138,952
18 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,349,1123.3m $69.5m $69.5m 0.01% Reduced -11.7m -11,663,566
19 Fisher Asset Management, LLC 0.03% of their portfolio PLANO, TX 3,166,8683.2m $65.7m $65.7m 0.03% New
20 Tiger Pacific Capital LP 16.96% of their portfolio NEW YORK, NY 2,835,7772.8m $58.8m $58.8m 16.96% Reduced -2.1m -2,124,108
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,502,5712.5m $51.9m $51.9m 0.00% Reduced -1.1m -1,105,043
22 BRANDES INVESTMENT PARTNERS, LP 0.62% of their portfolio LA JOLLA, CA 2,432,8652.4m $50.5m $50.5m 0.62% Reduced -18.0k -17,998
23 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,409,6352.4m $49.7m $49.7m 0.00% Added +65.1k +65,091
24 Legal & General Group Plc 0.01% of their portfolio London, X0 2,294,4032.3m $47.6m $47.6m 0.01% Reduced -75.7k -75,724
25 WFM ASIA (BVI) Ltd 6.11% of their portfolio HONG KONG, K3 2,183,6772.2m $45.3m $45.3m 6.11% Unchanged
26 CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio TORONTO ONTARIO, A6 1,933,3831.9m $40.1m $40.1m 0.04% Reduced -914.8k -914,799
27 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,714,7631.7m $35.6m $35.6m 0.01% Added +40.4k +40,449
28 Perseverance Asset Management International 4.60% of their portfolio GEORGE TOWN, E9 1,690,5921.7m $35.1m $35.1m 4.60% Reduced -1.5m -1,544,822
29 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,534,8231.5m $31.8m $31.8m 0.03% Added +465.9k +465,923
30 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 1,379,7481.4m $28.6m $28.6m 0.02% Added +105.3k +105,280
31 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,246,6381.2m $27.0m $27.0m 0.01% Added +1.2m +1,155,793
32 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 1,207,5241.2m $25.1m $25.1m 0.03% Added +82.1k +82,137
33 Amundi 0.01% of their portfolio Paris, I0 1,159,6791.2m $24.1m $24.1m 0.01% Added +14.1k +14,061
34 Caisse de depot et placement du Quebec 0.06% of their portfolio Montreal, A8 1,137,0511.1m $23.6m $23.6m 0.06% Added +27.8k +27,800
35 TODD ASSET MANAGEMENT LLC 0.43% of their portfolio Louisville, KY 990,555990.6k $20.6m $20.6m 0.43% Added +4.3k +4,325
36 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 974,616974.6k $20.2m $20.2m 0.01% Reduced -6.7k -6,716
37 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 972,010972.0k $20.2m $20.2m 0.00% Added +357.1k +357,070
38 Swiss National Bank 0.01% of their portfolio ZURICH, V8 956,855956.9k $19.9m $19.9m 0.01% Reduced -1.4k -1,400
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 955,629955.6k $19.8m $19.8m 0.01% Reduced -1.7m -1,704,752
40 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 866,829866.8k $18.0m $18.0m 0.01% Added +56.0k +56,032
41 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 814,919814.9k $16.9m $16.9m 0.02% Added +84.3k +84,304
42 ROYAL LONDON ASSET MANAGEMENT LTD 0.04% of their portfolio UNITED KINGDOM, X0 800,395800.4k $16.6m $16.6m 0.04% Added +49.8k +49,800
43 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 769,516769.5k $16.0m $16.0m 0.01% Reduced -6.6k -6,639
44 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 725,512725.5k $15.1m $15.1m 0.00% Reduced -24.7k -24,736
45 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 644,059644.1k $13.4m $13.4m 0.00% Added +38.5k +38,488
46 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 596,317596.3k $12.4m $12.4m 0.01% Added +149.8k +149,842
47 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.11% of their portfolio FRANKFORT, KY 564,570564.6k $11.7m $11.7m 0.11% Unchanged
48 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 547,429547.4k $11.4m $11.4m 0.02% Added +22.1k +22,100
49 State of New Jersey Common Pension Fund D 0.05% of their portfolio TRENTON, NJ 509,092509.1k $10.6m $10.6m 0.05% Added +277.1k +277,110
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 490,261490.3k $10.2m $10.2m 0.00% Added +463.5k +463,496
51 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 458,500458.5k $9.5m $9.5m 0.01% Reduced -317.2k -317,200
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 441,739441.7k $9.2m $9.2m 0.00% Added +96.6k +96,602
53 BARINGS LLC 0.22% of their portfolio CHARLOTTE, NC 437,816437.8k $9.1m $9.1m 0.22% Added +219.9k +219,926
54 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 421,967422.0k $8.8m $8.8m 0.01% Reduced -24.2k -24,200
55 Bridgewater Associates, LP 0.04% of their portfolio Westport, CT 413,864413.9k $8.6m $8.6m 0.04% Reduced -109.8k -109,829
56 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 410,122410.1k $8.5m $8.5m 0.01% Reduced -109.6k -109,635
57 FIL Ltd 0.01% of their portfolio HAMILTON, D0 404,693404.7k $8.4m $8.4m 0.01% Reduced -334.8k -334,780
58 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 396,620396.6k $8.2m $8.2m 0.01% Reduced -522.6k -522,647
59 E Fund Management (Hong Kong) Co., Ltd. 4.34% of their portfolio CENTRAL, K3 341,040341.0k $7.1m $7.1m 4.34% Added +7.0k +7,002
60 E Fund Management Co., Ltd. 0.39% of their portfolio GUANGZHOU, F4 341,040341.0k $7.1m $7.1m 0.39% Added +7.0k +7,002
61 STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio LYSAKER, Q8 336,367336.4k $7.0m $7.0m 0.02% Reduced -30.9k -30,903
62 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 311,273311.3k $6.5m $6.5m 0.01% New
63 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 303,573303.6k $6.3m $6.3m 0.01% Added +221.6k +221,573
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 302,120302.1k $6.3m $6.3m 0.01% Added +222.2k +222,230
65 Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio TOKYO, M0 299,915299.9k $6.2m $6.2m 0.01% Unchanged
66 AVIVA PLC 0.02% of their portfolio LONDON, X0 284,405284.4k $5.9m $5.9m 0.02% Added +2.6k +2,600
67 Korea Investment CORP 0.01% of their portfolio SEOUL, M5 242,887242.9k $5.0m $5.0m 0.01% Added +7.3k +7,300
68 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 240,567240.6k $5.0m $5.0m 0.00% Reduced -27.4k -27,434
69 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 235,930235.9k $4.9m $4.9m 0.02% Added +71.3k +71,322
70 Handelsbanken Fonder AB 0.02% of their portfolio STOCKHOLM, V7 222,872222.9k $4.6m $4.6m 0.02% Added +21.4k +21,397
71 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 204,994205.0k $4.3m $4.3m 0.00% New
72 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 190,975191.0k $4.0m $4.0m 0.02% Reduced -6.1k -6,066
73 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 190,382190.4k $4.0m $4.0m 0.01% Reduced -111.3k -111,306
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 185,201185.2k $3.8m $3.8m 0.00% Added +112.8k +112,790
75 Erste Asset Management GmbH 0.05% of their portfolio VIENNA, C4 184,876184.9k $3.9m $3.9m 0.05% Unchanged
76 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 182,526182.5k $3.8m $3.8m 0.02% New
77 PRUDENTIAL PLC 0.03% of their portfolio LONDON, X0 179,737179.7k $3.7m $3.7m 0.03% Added +33.3k +33,299
78 ICON ADVISERS INC/CO 0.79% of their portfolio GREENWOOD VILLAGE, CO 170,000170.0k $3.5m $3.5m 0.79% Added +85.0k +85,000
79 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio VICTORIA, A1 168,700168.7k $3.5m $3.5m 0.02% Unchanged
80 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 167,300167.3k $3.5m $3.5m 0.01% Added +63.3k +63,300
81 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 162,992163.0k $3.4m $3.4m 0.01% Added +1.0k +1,047
82 KBC Group NV 0.01% of their portfolio Brussels, C9 151,856151.9k $3.2m $3.2m 0.01% Reduced -45.5k -45,512
83 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 144,347144.3k $3.0m $3.0m 0.02% Added +21.8k +21,750
84 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 141,849141.8k $2.9m $2.9m 0.00% Reduced -2.0m -1,985,587
85 National Pension Service 0.00% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 132,742132.7k $2.8m $2.8m 0.00% Unchanged
86 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.07% of their portfolio CHICAGO, IL 126,151126.2k $2.6m $2.6m 0.07% Reduced -56.8k -56,801
87 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 123,880123.9k $2.6m $2.6m 0.00% Unchanged
88 Aurora Investment Counsel 1.45% of their portfolio ATLANTA, GA 119,103119.1k $2.5m $2.5m 1.45% New
89 Resona Asset Management Co.,Ltd. 0.01% of their portfolio KOTO-KU,TOKYO, M0 115,627115.6k $2.4m $2.4m 0.01% Reduced -5.7k -5,711
90 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 115,332115.3k $2.4m $2.4m 0.00% Added +18.0k +17,990
91 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 113,965114.0k $2.4m $2.4m 0.00% Added +14.1k +14,080
92 NINE MASTS CAPITAL Ltd 0.67% of their portfolio CENTRAL, K3 104,436104.4k $2.2m $2.2m 0.67% Reduced -12.9k -12,886
93 Y-Intercept (Hong Kong) Ltd 0.12% of their portfolio HONG KONG, K3 104,357104.4k $2.2m $2.2m 0.12% New
94 DANSKE BANK A/S 0.01% of their portfolio COPENHAGEN V, G7 100,024100.0k $2.1m $2.1m 0.01% Added +10.0k +10,000
95 DUMAC, INC. 6.42% of their portfolio DURHAM, NC 96,78196.8k $2.0m $2.0m 6.42% Added +84.1k +84,100
96 CAPITAL INTERNATIONAL SARL 0.06% of their portfolio Los Angeles, CA 93,06093.1k $1.9m $1.9m 0.06% Added +672 +672
97 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 92,57592.6k $1.9m $1.9m 0.02% New
98 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 91,14491.1k $1.9m $1.9m 0.00% Reduced -1.7m -1,666,773
99 Pinpoint Asset Management Ltd 0.26% of their portfolio HONG KONG, K3 90,09190.1k $1.9m $1.9m 0.26% Unchanged
100 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 88,23788.2k $1.8m $1.8m 0.00% New