13FPulse
ZT

ZTO ZTO EXPRESS CAYMAN INC-ADR

2026Q2 · CUSIP 98980A105 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
195
Institutions that reported holding it to the SEC
Net increase in holders
+18
Last quarter 177 → now 195
How unusual is that
Top 20%
Stronger buying than 81% of US stocks
What the filings say, in one paragraph

195 funds held ZTO at the end of 2026Q2, up 18 from the quarter before. That is stronger buying than 81.4% of US stocks — among the most piled-into names this quarter. On the business itself, the P/E is 12.7x. ZTO has had 11 buying rushes in its history, and the price moved -3.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2017Q1: holders=91 2017Q2: holders=95 2017Q3: holders=103 2017Q4: holders=110 2018Q1: holders=106 2018Q2: holders=138 2018Q3: holders=143 2018Q4: holders=156 2019Q1: holders=185 2019Q2: holders=188 2019Q3: holders=200 2019Q4: holders=214 2020Q1: holders=242 2020Q2: holders=269 2020Q3: holders=257 2020Q4: holders=235 2021Q1: holders=230 2021Q2: holders=229 2021Q3: holders=208 2021Q4: holders=247 2022Q1: holders=248 2022Q2: holders=246 2022Q3: holders=244 2022Q4: holders=243 2023Q1: holders=252 2023Q2: holders=239 2023Q3: holders=240 2023Q4: holders=234 2024Q1: holders=228 2024Q2: holders=243 2024Q3: holders=242 2024Q4: holders=202 2025Q1: holders=203 2025Q2: holders=182 2025Q3: holders=171 2025Q4: holders=162 2026Q1: holders=177 2026Q2: holders=195 -40 -20 +0 +20 +40 81182283 17Q118Q119Q120Q121Q122Q123Q124Q125Q126Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2024Q2 Top 20% +31.2% +8.0%
2023Q1 Top 20% -11.7% -12.4%
2021Q4 Top 20% -15.2% -16.0%
2020Q2 Top 20% -11.1% -2.8%
2020Q1 Top 5% +7.7% -2.1%
2019Q3 Top 20% +3.9% +12.2%
2019Q1 Top 10% +9.1% +8.1%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
108
Change in large funds
+16
Total value they hold
$1.3B
Funds buying for the first time
40
Funds that sold out entirely
22
Price change that quarter
-10.6%
Funds holding puts (bearish)
9
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
12.7
EPS (TTM)
$1.66
EPS YoY
+4.6%
Revenue (TTM)
Revenue YoY
Net margin
ROE
Debt ratio
26.2%
FCF (TTM)
$6.8B
Dividend (TTM)
No dividend

As of 2025-12-31 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.