Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Zto Express Cayman Inc (ZTO)

198 + Investors. Track Smart Money conviction in ZTO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
2Q ▲
Buyers last Q
53%

Smart Money Signals — ZTO

Based on 198 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ZTO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 83% of 3.0Y peak

83% of all-time peak
198 funds currently hold this stock — 83% of the 3.0-year high of 239 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

107 buying94 selling
Last quarter: 107 funds bought or added vs 94 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~40 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 27 → 39 → 42 → 40. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 18% medium ■ 24% new
115 out of 198 hedge funds have held ZTO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

21 → 27 → 39 → 42 → 40 new funds/Q
New funds entering each quarter: 27 → 39 → 42 → 40. A growing number of institutions are discovering ZTO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 63% veterans vs 22% newcomers

■ 63% veterans ■ 14% 1-2yr ■ 22% new
Entry-cohort mix of 214 holders: 135 (63%) are 2+ year veterans, 31 entered 1–2 years ago, and 48 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
42 of 198 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in ZTO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ZTO

In 2026 Q2, 107 hedge funds were net buyers of ZTO (40 opened a new position, 67 added to an existing one), while 94 reduced or exited (70 trimmed, 24 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 43% of total institutional value in ZTO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 198.

Hedge Fund Ownership: ZTO

How many hedge funds hold ZTO — quarterly history vs. share price
Quarterly hedge fund ownership of ZTO vs. share price

Market Analysis: ZTO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZTO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Zto Express Cayman Inc (ZTO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ZTO has moved relative to its sector benchmark (XLI) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 85d ago
ZTO
-11.6%
XLI
-8.0%

ZTO outperformed XLI by -3.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 40d ago
ZTO
-13.6%
XLI
-8.6%

Since the filing became public, ZTO outperformed XLI by -5.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: ZTO
198 + Investors

Track Smart Money conviction in ZTO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 198 182 8.79%
13F Shares 64M 64M -0.65%
Total Value $1.39B $1.57B -11.48%
New Positions 40 42 -2
Increased Positions 64 80 -16
Closed Positions 24 22 +2
Reduced Positions 64 39 +25
Total Calls 7 9 -22.22%
Total Puts 9 9 -
PUT/CALL Ratio 1.29 1.0 Bearish

Statistics: ZTO

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

198 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ZTO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ZTO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Serenity Capital Management PTE. LTD. 34.13% 5,056,987 $113.2M
2 Platinum Investment Management Ltd 10.97% 1,994,127 $44.6M
3 Virtus Family Office LLC 4.00% 226,163 $5.1M
4 Aurora Investment Counsel 1.67% 144,891 $3.2M
5 Icon Advisers Inc/Co 1.09% 260,000 $5.8M
6 Todd Asset Management LLC 0.75% 1,891,052 $42.3M
7 Point Nemo Capital, LLC 0.67% 59,169 $1.3M
8 Portman Square Capital LLP 0.52% 493,700 $11.0M
9 Pzena Investment Management LLC 0.48% 7,322,331 $163.9M
10 Long Corridor Asset Management Ltd 0.31% 46,000 $1.0M
11 Temasek Holdings (Private) Ltd 0.25% 4,147,325 $92.8M
12 Crossmark Global Holdings, Inc. 0.21% 712,014 $15.9M
13 Oakmont Investment Advisors, Inc. 0.17% 11,253 $235K
14 Bayforest Capital Ltd 0.12% 5,780 $129K
15 SmartHarvest Portfolios, LLC 0.09% 12,059 $270K
16 Pinpoint Asset Management (Singapore) Pte. Ltd. 0.08% 17,563 $393K
17 Portman Square Capital LLP 0.08% 71,243 $1.6M
18 Campbell & CO Investment Adviser LLC 0.06% 47,914 $1.1M
19 U S Global Investors Inc 0.05% 24,296 $544K
20 XTX Topco Ltd 0.05% 162,758 $3.6M
21 Drive Wealth Management, LLC 0.04% 11,181 $250K
22 Mackenzie Financial Corp 0.04% 1,914,997 $42.9M
23 SIH Partners, LLLP 0.04% 296,850 $6.6M
24 State of New Jersey Common Pension Fund D 0.04% 509,092 $11.4M
25 Profund Advisors LLC 0.04% 57,798 $1.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Zto Express Cayman Inc (ZTO)

What does the Smart Money Trend signal show for ZTO?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ZTO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ZTO?

Slight buying edge — 53% buying: Last quarter: 107 funds bought or added vs 94 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ZTO holders?

Elite ownership — 43% AUM from top-100 funds: 42 of 198 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in ZTO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ZTO?

58% of holders stayed for 2+ years: 115 out of 198 hedge funds have held ZTO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Zto Express Cayman Inc (ZTO) following the 2026 Q2 hedge fund 13F filings?

As of today, ZTO has moved -13.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to -8.6% for the XLI sector ETF — an outperformance of -5.0%. Since the quarter end (June 30, 2026), ZTO has gained -11.6% vs -8.0% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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