Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Zto Express Cayman Inc (ZTO)

179 + 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
↑ +18
Streak
1Q ▲
Buyers last Q
65%

Smart Money Signals — ZTO

Based on 179 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 — 75% of 3.0Y peak

75% of all-time peak
179 funds currently hold this stock — 75% 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.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
25 fewer hedge funds hold ZTO compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢

More buyers than sellers — 65% buying

120 buying65 selling
Last quarter: 120 funds were net buyers (40 opened a brand new position + 80 added to an existing one). Only 65 were sellers (43 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~40 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 27 → 38 → 40. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 18% medium ■ 26% new
100 out of 179 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.
💰

Price up while funds trimmed (+18% value, -1% shares)

Value
+18%
Shares
0%
Last quarter: total value of institutional ZTO holdings rose +18% even though funds reduced share count by 1%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

36 → 21 → 27 → 38 → 40 new funds/Q
New funds entering each quarter: 21 → 27 → 38 → 40. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 61% of holders stayed 2+ years

■ 61% veterans ■ 13% 1-2yr ■ 26% new
Of 194 current holders: 118 (61%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
37 of 179 holders are among the 100 largest funds by AUM, controlling 47% 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.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — 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 Q1, 120 hedge funds were net buyers of ZTO (40 opened a new position, 80 added to an existing one), while 65 reduced or exited (43 trimmed, 22 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. 47% of total institutional value in ZTO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +18 funds (more new holders than closures). Total institutional holders: 179.

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 Q1 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 March 31, 2026 · 76d ago
ZTO
-9.3%
XLI
+8.9%

ZTO outperformed XLI by -18.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
ZTO
-3.8%
XLI
+329.7%

Since the filing became public, ZTO outperformed XLI by -333.5% .

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.

11 top-rated funds 1 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: ZTO
179 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 179 161 11.18%
13F Shares 63M 64M -0.67%
Total Value $1.55B $1.31B 18.44%
New Positions 40 38 +2
Increased Positions 79 56 +23
Closed Positions 22 51 -29
Reduced Positions 39 47 -8
Total Calls 9 7 28.57%
Total Puts 9 5 80.0%
PUT/CALL Ratio 1.0 0.71 Neutral

Statistics: ZTO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

179 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Serenity Capital Management PTE. LTD. 30.72% 5,056,987 $127.3M
2 Platinum Investment Management Ltd 12.65% 1,994,127 $50.2M
3 Virtus Family Office LLC 4.59% 213,936 $5.4M
4 Aurora Investment Counsel 2.08% 149,195 $3.8M
5 Icon Advisers Inc/Co 1.40% 240,000 $6.0M
6 Todd Asset Management LLC 0.84% 1,712,817 $43.1M
7 Brilliance Asset Management Ltd 0.83% 112,444 $2.8M
8 Pzena Investment Management LLC 0.61% 7,460,931 $187.8M
9 Portman Square Capital LLP 0.53% 551,400 $13.9M
10 Temasek Holdings (Private) Ltd 0.34% 4,147,325 $104.4M
11 Dumac, INC. 0.30% 96,781 $2.4M
12 Long Corridor Asset Management Ltd 0.28% 46,000 $1.2M
13 Crossmark Global Holdings, Inc. 0.24% 641,983 $16.2M
14 Taikang Asset Management (Hong Kong) Co Ltd 0.12% 49,100 $1.2M
15 SIH Partners, LLLP 0.11% 339,050 $8.5M
16 SmartHarvest Portfolios, LLC 0.11% 10,399 $262K
17 Pinpoint Asset Management (Singapore) Pte. Ltd. 0.10% 17,563 $442K
18 Portman Square Capital LLP 0.08% 80,506 $2.0M
19 Polymer Capital Management (HK) LTD 0.07% 31,220 $786K
20 U S Global Investors Inc 0.07% 22,332 $562K
21 Marshall Wace, LLP 0.06% 2,320,427 $58.4M
22 Drive Wealth Management, LLC 0.06% 10,595 $267K
23 Profund Advisors LLC 0.05% 57,857 $1.5M
24 State of New Jersey Common Pension Fund D 0.05% 509,092 $12.8M
25 Mackenzie Financial Corp 0.04% 1,290,323 $32.5M
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

More buyers than sellers — 65% buying: Last quarter: 120 funds were net buyers (40 opened a brand new position + 80 added to an existing one). Only 65 were sellers (43 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ZTO holders?

Elite ownership — 47% AUM from top-100 funds: 37 of 179 holders are among the 100 largest funds by AUM, controlling 47% 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?

56% of holders stayed for 2+ years: 100 out of 179 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 Q1 hedge fund 13F filings?

As of today, ZTO has moved -3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +329.7% for the XLI sector ETF — an outperformance of -333.5%. Since the quarter end (March 31, 2026), ZTO has gained -9.3% vs +8.9% 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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