ZLAB ZAI LAB LTD
ADR
CUSIP: 98887Q104
FIGI: BBG00HFX3N90
Institutional Holders122
Total Institutional Value$515,309,088
Total Shares Held30,521,216
Avg Position$4,223,845
Top 5 Holders %48.6%
Alpha-Weighted Score70.4
New Positions+27
Exited Positions-45
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| RTW INVESTMENTS, LP | High Conviction | Low Flow | $122,757,324 (23.8%) | 6,959,032 | 58.1% |
| ADAR1 CAPITAL MANAGEMENT, LLC | High Conviction | Low Flow | $43,977,226 (8.5%) | 2,493,040 | 49.4% |
| FRAZIER LIFE SCIENCES MANAGEMENT, L.P. | Elite Conviction | Low Flow | $33,556,925 (6.5%) | 1,902,320 | -39.2% |
| CLEARBRIDGE INVESTMENTS, LLC | High Conviction | Significant Flow | $31,893,740 (6.2%) | 1,808,035 | -73.3% |
| UBS Group AG | Moderate Conviction | Market Mover | $31,438,925 (6.1%) | 1,782,252 | 202.6% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $30,861,992 (6.0%) | 1,749,546 | -12.7% |
| FMR LLC | High Conviction | Market Mover | $25,408,762 (4.9%) | 1,440,406 | -84.1% |
| BANCO INC | High Conviction | Moderate Flow | $25,013,608 (4.9%) | 1,418,005 | -46.2% |
| ROCK SPRINGS CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $14,315,671 (2.8%) | 811,546 | -46.6% |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $13,280,417 (2.6%) | 752,858 | -77.2% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $11,205,157 (2.2%) | 635,213 | -30.2% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $10,188,194 (2.0%) | 577,562 | 154.3% |
| B Group, Inc. | High Conviction | Minimal Flow | $7,056,000 (1.4%) | 400,000 | -48.0% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $6,857,886 (1.3%) | 388,769 | -28.9% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $6,842,649 (1.3%) | 387,800 | -47.3% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $6,586,758 (1.3%) | 373,399 | NEW |
| SCHRODER INVESTMENT MANAGEMENT GROUP | High Conviction | Market Mover | $5,286,250 (1.0%) | 299,844 | 2.2% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $5,180,921 (1.0%) | 293,703 | 712.6% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $5,110,397 (1.0%) | 289,705 | 25.8% |
| NAN FUNG TRINITY (HK) LTD | High Conviction | Low Flow | $4,762,359 (0.9%) | 269,975 | -48.0% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $4,209,063 (0.8%) | 238,609 | 262.2% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $4,088,987 (0.8%) | 231,802 | 96.5% |
| HENNION & WALSH ASSET MANAGEMENT, INC. | High Conviction | Low Flow | $3,615,882 (0.7%) | 204,982 | -33.3% |
| XY CAPITAL LTD | Moderate Conviction | Minimal Flow | $3,568,643 (0.7%) | 202,304 | NEW |
| SUPERSTRING CAPITAL MANAGEMENT LP | High Conviction | Minimal Flow | $3,472,487 (0.7%) | 196,853 | -48.9% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $3,195,186 (0.6%) | 181,133 | NEW |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $3,068,352 (0.6%) | 173,946 | 94.6% |
| CAMPBELL & CO INVESTMENT ADVISER LLC | High Conviction | Moderate Flow | $3,000,864 (0.6%) | 170,117 | NEW |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $2,669,246 (0.5%) | 151,318 | -68.8% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $2,636,016 (0.5%) | 149,434 | -5.4% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $2,614,160 (0.5%) | 148,195 | -48.2% |
| STATE STREET CORP | High Conviction | Market Mover | $2,406,590 (0.5%) | 136,428 | -47.9% |
| PRIVIUM FUND MANAGEMENT B.V. | Elite Conviction | Minimal Flow | $2,331,814 (0.5%) | 132,189 | -48.0% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $1,898,964 (0.4%) | 107,651 | NEW |
| MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | High Conviction | Significant Flow | $1,819,001 (0.4%) | 103,118 | -48.9% |
| PRINCIPAL FINANCIAL GROUP INC | High Conviction | Market Mover | $1,795,434 (0.3%) | 101,782 | -49.2% |
| DCF ADVISERS, LLC | High Conviction | Minimal Flow | $1,746,360 (0.3%) | 99,000 | -44.0% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $1,701,237 (0.3%) | 96,442 | -65.6% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $1,642,990 (0.3%) | 93,140 | -72.3% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $1,637,637 (0.3%) | 92,837 | -73.9% |
| ALPS ADVISORS INC | High Conviction | Moderate Flow | $1,624,767 (0.3%) | 92,107 | -8.9% |
| HUDSON BAY CAPITAL MANAGEMENT, L.P. | High Conviction | Significant Flow | $1,587,600 (0.3%) | 90,000 | NEW |
| TD ASSET MANAGEMENT INC | High Conviction | Significant Flow | $1,528,330 (0.3%) | 86,640 | -62.9% |
| NEOS INVESTMENT MANAGEMENT LLC | High Conviction | Significant Flow | $1,325,911 (0.3%) | 75,165 | -37.0% |
| LONG CORRIDOR ASSET MANAGEMENT LTD | High Conviction | Low Flow | $1,160,712 (0.2%) | 65,800 | -48.0% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $827,464 (0.2%) | 46,935 | -64.7% |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $705,687 (0.1%) | 40,005 | NEW |
| VIRTUS INVESTMENT ADVISERS, INC. | Moderate Conviction | Minimal Flow | $678,381 (0.1%) | 38,457 | 93.8% |
| WEALTHPLAN INVESTMENT MANAGEMENT, LLC | High Conviction | Low Flow | $648,464 (0.1%) | 36,761 | -48.0% |
| MML INVESTORS SERVICES, LLC | High Conviction | Significant Flow | $607,186 (0.1%) | 34,421 | -60.6% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $548,851 (0.1%) | 31,114 | -81.0% |
| DRW SECURITIES, LLC | Moderate Conviction | Moderate Flow | $544,405 (0.1%) | 30,862 | NEW |
| Invesco Ltd. | Moderate Conviction | Market Mover | $539,678 (0.1%) | 30,594 | -58.7% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $520,786 (0.1%) | 29,523 | NEW |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $421,225 (0.1%) | 23,879 | -75.4% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $389,827 (0.1%) | 22,099 | -64.1% |
| CLS INVESTMENTS, LLC | High Conviction | Significant Flow | $367,783 (0.1%) | 20,849 | -77.6% |
| GROUP ONE TRADING, L.P. | Moderate Conviction | Significant Flow | $335,724 (0.1%) | 19,032 | NEW |
| US BANCORP \DE\ | High Conviction | Significant Flow | $313,482 (0.1%) | 17,771 | -62.6% |
| MARKS GROUP WEALTH MANAGEMENT, INC | High Conviction | Low Flow | $287,144 (0.1%) | 16,278 | -48.7% |
| LEGACY WEALTH ASSET MANAGEMENT, LLC | High Conviction | Minimal Flow | $280,529 (0.1%) | 15,903 | -62.6% |
| HEADLANDS TECHNOLOGIES LLC | High Conviction | Moderate Flow | $279,523 (0.1%) | 15,846 | NEW |
| Erste Asset Management GmbH (CIK 0002024532) | High Conviction | Moderate Flow | $269,082 (0.1%) | 15,100 | -45.9% |
| IVYROCK ASSET MANAGEMENT (HK) LTD | Elite Conviction | Minimal Flow | $264,230 (0.1%) | 14,979 | -91.8% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $260,000 (0.1%) | 14,757 | -86.2% |
| EXODUSPOINT CAPITAL MANAGEMENT, LP | High Conviction | Significant Flow | $240,222 (0.0%) | 13,618 | NEW |
| Persistent Asset Partners Ltd | Moderate Conviction | Minimal Flow | $217,660 (0.0%) | 12,339 | NEW |
| OPPENHEIMER ASSET MANAGEMENT INC | Moderate Conviction | Moderate Flow | $187,125 (0.0%) | 10,608 | -74.6% |
| LMR PARTNERS LLP | High Conviction | Significant Flow | $182,045 (0.0%) | 10,320 | -96.0% |
| QUANTINNO CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $177,899 (0.0%) | 10,085 | -39.2% |
| CHINA UNIVERSAL ASSET MANAGEMENT CO., LTD. | High Conviction | Low Flow | $112,543 (0.0%) | 6,380 | -60.4% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $90,864 (0.0%) | 5,151 | -67.6% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Moderate Conviction | Significant Flow | $24,035 (0.0%) | 519 | 251.1% |
| FARTHER FINANCE ADVISORS, LLC | High Conviction | Significant Flow | $23,444 (0.0%) | 1,329 | 20.1% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $15,594 (0.0%) | 884 | -42.3% |
| TOWER RESEARCH CAPITAL LLC | High Conviction | Moderate Flow | $14,183 (0.0%) | 804 | 177.2% |
| GF FUND MANAGEMENT CO. LTD. | High Conviction | Moderate Flow | $13,548 (0.0%) | 768 | -61.2% |
| HORIZON INVESTMENTS, LLC | High Conviction | Moderate Flow | $12,965 (0.0%) | 735 | -64.8% |
| PRICE T ROWE ASSOCIATES INC /MD/ | High Conviction | Moderate Flow | $10,637 (0.0%) | 602,954 | -66.9% |
| CAM GROUP HOLDING A/S | High Conviction | Minimal Flow | $8,996 (0.0%) | 510,000 | -48.0% |
| SRS CAPITAL ADVISORS, INC. | Moderate Conviction | Moderate Flow | $7,215 (0.0%) | 409 | NEW |
| SMARTLEAF ASSET MANAGEMENT LLC | High Conviction | Moderate Flow | $5,836 (0.0%) | 331 | -2.6% |
| OSAIC HOLDINGS, INC. | Moderate Conviction | Market Mover | $5,626 (0.0%) | 319 | -73.7% |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $5,592 (0.0%) | 317 | -99.5% |
| PNC FINANCIAL SERVICES GROUP, INC. | High Conviction | Market Mover | $5,327 (0.0%) | 302 | -84.0% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $4,956 (0.0%) | 281 | -49.7% |
| GENWORTH FINANCIAL WEALTH MANAGEMENT, INC | High Conviction | Significant Flow | $4,110 (0.0%) | 233 | 1,634.2% |
| QUENT CAPITAL, LLC | High Conviction | Low Flow | $4,057 (0.0%) | 230 | -48.0% |
| PARKSIDE FINANCIAL BANK & TRUST | High Conviction | Moderate Flow | $3,758 (0.0%) | 213 | NEW |
| PRIVATE TRUST CO NA | High Conviction | Moderate Flow | $3,634 (0.0%) | 206 | -47.9% |
| EVERSOURCE WEALTH ADVISORS, LLC | High Conviction | Moderate Flow | $3,581 (0.0%) | 203 | -40.0% |
| PINNACLE WEALTH PLANNING SERVICES, INC. | High Conviction | Low Flow | $3,546 (0.0%) | 201 | NEW |
| SIMPLEX TRADING, LLC | Moderate Conviction | Market Mover | $3,051 (0.0%) | 173 | NEW |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $2,805 (0.0%) | 159 | -38.7% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $2,769 (0.0%) | 157 | NEW |
| IFP ADVISORS, INC | High Conviction | Moderate Flow | $1,658 (0.0%) | 94 | -48.0% |
| HRT FINANCIAL LP | High Conviction | Low Flow | $1,478 (0.0%) | 83,793 | 63.0% |
| TRANSAMERICA FINANCIAL ADVISORS, INC. | High Conviction | Moderate Flow | $1,288 (0.0%) | 73 | 123.6% |
| BNP PARIBAS INVESTMENT PARTNERS S.A. | Moderate Conviction | Low Flow | $1,161 (0.0%) | 65,814 | NEW |
| AMERIFLEX GROUP, INC. | Moderate Conviction | Low Flow | $1,094 (0.0%) | 62 | -74.0% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 123 | $0.52B | 30,531,783 | $16.88 |
| Q3 25 | 141 | $1.17B | 36,278,834 | $32.28 |
| Q2 25 | 157 | $1.48B | 43,028,431 | $34.29 |
| Q1 25 | 160 | $1.90B | 57,351,976 | $33.05 |
| Q4 24 | 130 | $1.50B | 60,210,156 | $24.90 |
| Q3 24 | 104 | $1.15B | 49,891,039 | $22.96 |
| Q2 24 | 103 | $0.71B | 43,442,538 | $16.40 |
| Q1 24 | 113 | $0.66B | 43,627,185 | $15.24 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.