ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO)

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) is listed on the New York Stock Exchange, where it has traded since October 27, 2016.

Listed On
the New York Stock Exchange
Listed Since
October 27, 2016
Employees
23,399
Market Cap
$14.6B

About ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share

ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 20.1% in 2026. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and a major shareholder with 78.7% voting rights as of March 31, 2026. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around a 9.3% interest.

Institutional ownership

In 13F filings for the quarter ended June 30, 2026, 192 institutions reported holding ZTO, with 59.1 million shares worth $1.3 billion in aggregate. The largest reported holder was Pzena Investment Management, with 7.3 million shares worth $163.9 million. Of the 5 largest holders listed below, 1 added shares, 2 reduced their positions and 2 held their positions unchanged during the quarter.

InstitutionSharesValueQuarter change
Pzena Investment Management7,322,331$164MReduced 1.86%
Goldman Sachs5,285,030$118MReduced 4.06%
Serenity Capital Management Pte. Ltd5,056,987$113MUnchanged
Temasek Holdings (Private)4,147,325$93MUnchanged
Morgan Stanley4,130,197$92MAdded 11.32%

Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.

Frequently asked questions

What is ZTO?

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) is listed on the New York Stock Exchange, where it has traded since October 27, 2016.

Who are the largest institutional holders of ZTO?

In 13F filings for the quarter ended June 30, 2026, the largest reported holders of ZTO were Pzena Investment Management, Goldman Sachs and Serenity Capital Management Pte. Ltd.

How many institutions own ZTO?

192 institutions reported a position in ZTO for the quarter ended June 30, 2026, worth $1.3 billion in total.

Did institutions buy or sell ZTO last quarter?

Of the 5 largest reported holders, 1 added shares, 2 reduced their positions and 2 held their positions unchanged during the quarter. Every reported holder and its change is on the SentiSense ownership page for ZTO.

Every reported institutional holder, plus insider and congressional trades in ZTO, on SentiSense.