The largest holder of ZTO Express (Cayman) stock is Pzena Investment Management, Inc., with 7.3 million shares (1.31% of the company), worth about $155.00 million as of September 25, 2026. The 10 largest holders together own 6.6%.
In Q2 2026, 213 institutional holdings reports listed 59.4 million shares worth $1.33 billion, up 1.9% in shares from Q1 2026.
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026).

2026Q2
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Pzena Investment Management, Inc. | 7.3 million | 1.31% | $155.0M |
| Goldman Sachs Asset Management LP | 5.3 million | 0.95% | $112.0M |
| Serenity Capital Management Pte Ltd. | 5.1 million | 0.91% | $107.0M |
| Temasek Holdings Pte Ltd. | 4.1 million | 0.74% | $88.0M |
| Morgan Stanley Latam LLC | 4.1 million | 0.74% | $87.0M |
| Fisher Asset Management LLC | 3.5 million | 0.63% | $74.0M |
| Platinum Investment Management Ltd. | 2.0 million | 0.36% | $42.0M |
| Mackenzie Financial Corp. | 1.9 million | 0.34% | $41.0M |
| Todd Asset Management LLC | 1.9 million | 0.34% | $40.0M |
| Marshall Wace LLP | 1.7 million | 0.31% | $37.0M |
As of September 25, 2026.
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 213 | 59.4 million | $1.3B |
| Q1 2026 | 198 | 58.3 million | $1.5B |
| Q4 2025 | 180 | 61.4 million | $1.3B |
| Q3 2025 | 196 | 67.7 million | $1.3B |
| Q2 2025 | 209 | 86.2 million | $1.5B |
| Q1 2025 | 230 | 136.0 million | $2.7B |
| Q4 2024 | 228 | 147.0 million | $2.9B |
| Q3 2024 | 263 | 167.0 million | $4.1B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Pzena Investment Management, Inc., with 1.31% of the company (as of September 25, 2026). Next: Goldman Sachs Asset Management LP (0.95%) and Serenity Capital Management Pte Ltd. (0.91%).
213 institutional holdings reports listed ZTO Express (Cayman) shares in Q2 2026, 59.4 million shares in all worth $1.33 billion.