ZTO EXPRESS CAYMAN INC ZTO
SPONSORED ADS A · ADR · CUSIP 98980A105 · ISIN US98980A1051
* 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.38. Options: 11 managers hold calls ($58.5m notional), 15 hold puts ($69.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 243 |
| Q4 2022 | 243 |
| Q1 2023 | 252 |
| Q2 2023 | 240 |
| Q3 2023 | 241 |
| Q4 2023 | 234 |
| Q1 2024 | 230 |
| Q2 2024 | 243 |
| Q3 2024 | 243 |
| Q4 2024 | 201 |
| Q1 2025 | 206 |
| Q2 2025 | 184 |
| Q3 2025 | 171 |
| Q4 2025 | 163 |
| Q1 2026 | 179 |
| Q2 2026 | 196 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 111 | 141 |
| Q4 2024 | 76 | 150 |
| Q1 2025 | 99 | 106 |
| Q2 2025 | 75 | 117 |
| Q3 2025 | 90 | 84 |
| Q4 2025 | 90 | 92 |
| Q1 2026 | 114 | 62 |
| Q2 2026 | 98 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $174.5m | $28.3m | 0.16 |
| Q4 2025 | $49.2m | $22.6m | 0.46 |
| Q1 2026 | $74.4m | $72.4m | 0.97 |
| Q2 2026 | $58.5m | $69.7m | 1.19 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +732.6k |
| MACKENZIE FINANCIAL CORP | Added | +624.7k |
| Point72 Asset Management, L.P. | Added | +422.8k |
| MORGAN STANLEY | Added | +420.1k |
| Qube Research & Technologies Ltd | New | +411.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +270.7k |
| JANE STREET GROUP, LLC | Added | +246.2k |
| NATIONAL BANK OF CANADA /FI/ | New | +200.0k |
| TODD ASSET MANAGEMENT LLC | Added | +178.2k |
| XTX Topco Ltd | Added | +138.4k |
Biggest sellers
| CITIGROUP INC | Reduced | -801.6k |
| MARSHALL WACE, LLP | Reduced | -577.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -452.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -223.8k |
| Legal & General Group Plc | Reduced | -223.1k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -212.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -185.6k |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -138.6k |
| Fisher Asset Management, LLC | Reduced | -125.9k |
| UBS Group AG | Reduced | -113.9k |
Biggest calls
| UBS Group AG | Unchanged | $28.2m1.3m shares |
| GROUP ONE TRADING LLC | Added | $6.1m273.7k shares |
| Walleye Trading LLC | Added | $5.0m225.2k shares |
| JPMORGAN CHASE & CO | New | $4.4m200.0k shares |
| JANE STREET GROUP, LLC | Reduced | $4.4m195.2k shares |
| PEAK6 LLC | Unchanged | $3.1m140.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.4m105.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m83.8k shares |
| CITADEL ADVISORS LLC | Reduced | $1.7m77.4k shares |
| Walleye Capital LLC | New | $720.6k32.2k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $18.2m813.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.2m587.8k shares |
| Portman Square Capital LLP | Reduced | $11.0m493.7k shares |
| GROUP ONE TRADING LLC | Added | $5.8m260.0k shares |
| JPMORGAN CHASE & CO | New | $4.4m200.0k shares |
| Walleye Trading LLC | Reduced | $3.8m171.8k shares |
| PEAK6 LLC | Unchanged | $3.1m140.0k shares |
| CITADEL ADVISORS LLC | Added | $2.5m112.5k shares |
| NOMURA HOLDINGS INC | New | $2.3m105.0k shares |
| HRT FINANCIAL LP | New | $2.2m100.0k 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 0.48% of their portfolio | 7.3m $163.9m | Reduced -138.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 5.3m $118.3m | Reduced -223.8k |
| SERENITY CAPITAL MANAGEMENT PTE. LTD. 34.13% of their portfolio | 5.1m $113.2m | Unchanged |
| Temasek Holdings (Private) Ltd 0.25% of their portfolio | 4.1m $92.8m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 4.1m $92.4m | Added +420.1k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 3.5m $78.3m | Reduced -125.9k |
| PLATINUM INVESTMENT MANAGEMENT LTD 10.97% of their portfolio | 2.0m $44.6m | Unchanged |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 1.9m $42.9m | Added +624.7k |
| TODD ASSET MANAGEMENT LLC 0.75% of their portfolio | 1.9m $42.3m | Added +178.2k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 1.7m $39.0m | Reduced -577.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $32.8m | Reduced -185.6k |
| Legal & General Group Plc 0.01% of their portfolio | 1.3m $30.2m | Reduced -223.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio | 1.2m $26.6m | Added +111.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $24.5m | Added +122.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.0m $23.0m | Added +106.3k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 979.1k $21.9m | Added +422.8k |
| STATE STREET CORP 0.00% of their portfolio | 949.4k $21.2m | Reduced -54.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 887.6k $19.9m | Reduced -35.0k |
| CITIGROUP INC 0.01% of their portfolio | 747.5k $16.7m | Reduced -801.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 734.8k $16.3m | Added +732.6k |
| Crossmark Global Holdings, Inc. 0.21% of their portfolio | 712.0k $15.9m | Added +70.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 651.6k $14.6m | Reduced -7.1k |
| UBS Group AG 0.00% of their portfolio | 555.9k $12.4m | Reduced -113.9k |
| State of New Jersey Common Pension Fund D 0.04% of their portfolio | 509.1k $11.4m | Unchanged |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 466.3k $10.4m | Reduced -58.9k |
| BlackRock, Inc. 0.00% of their portfolio | 453.1k $10.1m | Reduced -26.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 411.8k $9.2m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 406.6k $9.1m | Reduced -212.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 383.4k $8.6m | Reduced -452.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 308.9k $6.9m | Added +270.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 301.2k $6.7m | Added +246.2k |
| SIH Partners, LLLP 0.28% of their portfolio | 296.9k $6.6m | Reduced -42.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 292.3k $6.5m | Added +108.1k |
| ICON ADVISERS INC/CO 1.09% of their portfolio | 260.0k $5.8m | Added +20.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 258.9k $5.8m | Added +13.4k |
| AVIVA PLC 0.01% of their portfolio | 258.2k $5.8m | Reduced -4.6k |
| Virtus Family Office LLC 4.00% of their portfolio | 226.2k $5.1m | Added +12.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 205.8k $4.6m | Added +123.7k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 200.0k $4.5m | New |
| KBC Group NV 0.01% of their portfolio | 181.8k $4.1m | Added +5.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 181.2k $4.0m | Reduced -96.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio | 178.6k $4.0m | Reduced -383 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 178.5k $4.0m | Reduced -32.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 169.7k $3.8m | Reduced -18.8k |
| XTX Topco Ltd 0.05% of their portfolio | 162.8k $3.6m | Added +138.4k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 162.4k $3.9m | Unchanged |
| Aurora Investment Counsel 1.67% of their portfolio | 144.9k $3.2m | Reduced -4.3k |
| Swedbank AB 0.00% of their portfolio | 123.9k $2.8m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 119.5k $2.7m | Reduced -1.8k |
| Man Group plc 0.00% of their portfolio | 118.4k $2.6m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 113.6k $2.5m | Reduced -50.2k |
| GSA CAPITAL PARTNERS LLP 0.16% of their portfolio | 113.1k $2.5m | Added +1.4k |
| Mariner, LLC 0.00% of their portfolio | 108.5k $2.4m | Reduced -1.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 105.3k $2.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 103.1k $2.3m | Reduced -21.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 96.8k $2.2m | Reduced -47.0k |
| US BANCORP \DE\ 0.00% of their portfolio | 81.4k $1.8m | Added +30.2k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 72.0k $1.6m | Added +3.9k |
| Portman Square Capital LLP 0.27% of their portfolio | 71.2k $1.6m | Reduced -9.3k |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 67.2k $1.5m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 67.2k $1.5m | Reduced -436 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 64.6k $1.4m | New |
| Vident Advisory, LLC 0.01% of their portfolio | 64.0k $1.4m | Added +1.4k |
| Maven Securities LTD 0.13% of their portfolio | 61.5k $1.4m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 60.3k $1.3m | Reduced -99.4k |
| Point Nemo Capital, LLC 0.67% of their portfolio | 59.2k $1.3m | New |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 57.8k $1.3m | Reduced -59 |
| Global Retirement Partners, LLC 0.02% of their portfolio | 56.0k $1.3m | First filing |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.00% of their portfolio | 53.7k $1.2m | Unchanged |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 53.0k $1.2m | Added +16.1k |
| DNB Asset Management AS 0.00% of their portfolio | 51.1k $1.1m | Reduced -1.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 50.0k $1.1m | Added +46.1k |
| Campbell & CO Investment Adviser LLC 0.06% of their portfolio | 47.9k $1.1m | New |
| Long Corridor Asset Management Ltd 0.31% of their portfolio | 46.0k $1.0m | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 45.8k $1.0m | Added +517 |
| IMC-Chicago, LLC 0.01% of their portfolio | 44.9k $1.0m | New |
| Savant Capital, LLC 0.00% of their portfolio | 44.4k $1.1m | Added +21.1k |
| BARCLAYS PLC 0.00% of their portfolio | 44.0k $984.1k | Reduced -3.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 40.3k $901.0k | Added +6.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 39.0k $872.4k | Added +509 |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 38.7k $867.0k | Added +6.0k |
| Nuveen, LLC 0.00% of their portfolio | 37.1k $830.4k | New |
| PEAK6 LLC 0.02% of their portfolio | 35.7k $798.7k | New |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 35.4k $791.9k | Added +25.2k |
| LPL Financial LLC 0.00% of their portfolio | 31.4k $703.3k | New |
| QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio | 30.8k $688.9k | Reduced -804 |
| Walleye Trading LLC 0.01% of their portfolio | 29.7k $663.9k | New |
| Polymer Capital Management (HK) LTD 0.07% of their portfolio | 28.8k $644.5k | Reduced -2.4k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 27.9k $625.3k | Reduced -10.6k |
| SG Americas Securities, LLC 0.00% of their portfolio | 27.7k $620.0k | New |
| Ethic Inc. 0.01% of their portfolio | 27.3k $610.0k | Added +10.1k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 26.1k $583.7k | Added +2.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 26.1k $583.0k | Reduced -36.5k |
| U S GLOBAL INVESTORS INC 0.05% of their portfolio | 24.3k $543.7k | Added +2.0k |
| HANTZ FINANCIAL SERVICES, INC. 0.01% of their portfolio | 24.0k $537.0k | Reduced -618 |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 23.8k $533.5k | Reduced -2.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 23.8k $533.0k | Reduced -516 |
| Creative Planning 0.00% of their portfolio | 23.6k $528.1k | Reduced -551 |
| Jain Global LLC 0.01% of their portfolio | 21.8k $487.5k | Added +9.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.00% of their portfolio | 21.3k $476.5k | New |