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Zai Lab Ltd

ZLAB
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001704292

In the last 90 days, Zai Lab Ltd insiders filed 1 open-market purchase and 4 sales; 92 institutions reported holding it in 13F filings for Q2 2026, worth $819.0M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Zai Lab Ltd as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
156
−3 vs. Q1 2025
Shares held
42.6M
−13.8M (−24.5%) vs. Q1 2025
Total value
$1.49B
−$478.1M (−24.3%) vs. Q1 2025
New holders
33
48 more added
Sold out
36
59 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ZLAB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 156 institutions
Q1 2021: 222 institutionsQ2 2021: 234 institutionsQ3 2021: 228 institutionsQ4 2021: 207 institutionsQ1 2022: 176 institutionsQ2 2022: 166 institutionsQ3 2022: 171 institutionsQ4 2022: 167 institutionsQ1 2023: 161 institutionsQ2 2023: 138 institutionsQ3 2023: 122 institutionsQ4 2023: 124 institutionsQ1 2024: 117 institutionsQ2 2024: 105 institutionsQ3 2024: 104 institutionsQ4 2024: 131 institutionsQ1 2025: 160 institutionsQ2 2025: 156 institutionsQ3 2025: 138 institutionsQ4 2025: 126 institutionsQ1 2026: 99 institutionsQ2 2026: 92 institutions
Value heldQ2 2025: $1.49B
Q1 2021: $7.24BQ2 2021: $11.0BQ3 2021: $6.76BQ4 2021: $4.06BQ1 2022: $2.71BQ2 2022: $2.09BQ3 2022: $2.03BQ4 2022: $1.78BQ1 2023: $1.76BQ2 2023: $1.19BQ3 2023: $954.6MQ4 2023: $1.12BQ1 2024: $659.7MQ2 2024: $702.4MQ3 2024: $1.09BQ4 2024: $1.48BQ1 2025: $1.97BQ2 2025: $1.49BQ3 2025: $1.19BQ4 2025: $510.5MQ1 2026: $530.9MQ2 2026: $819.0M
Institutions holding ZLAB and their total value by quarter
QuarterHoldersValue
Q2 202692$819.0M
Q1 202699$530.9M
Q4 2025126$510.5M
Q3 2025138$1.19B
Q2 2025156$1.49B
Q1 2025160$1.97B
Q4 2024131$1.48B
Q3 2024104$1.09B
Q2 2024105$702.4M
Q1 2024117$659.7M
Q4 2023124$1.12B
Q3 2023122$954.6M
Q2 2023138$1.19B
Q1 2023161$1.76B
Q4 2022167$1.78B
Q3 2022171$2.03B
Q2 2022166$2.09B
Q1 2022176$2.71B
Q4 2021207$4.06B
Q3 2021228$6.76B
Q2 2021234$11.0B
Q1 2021222$7.24B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Zai Lab Ltd; share changes are against Q1 2025.

Institutions holding ZLAB in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Tema ETFs LLC58,835$2.06M0.55%−5,427−8.4%Reduced
Two Sigma Advisers, LP60,100$2.10M0.00%+21,900+57.3%Added
Alps Advisors Inc60,798$2.13M0.01%−15,500−20.3%Reduced
AXA S.A.65,814$2.30M0.01%00.0%Unchanged
Jump Financial, LLC66,003$2.31M0.03%+66,003New
Cubist Systematic Strategies, LLC74,193$2.59M0.03%−19,452−20.8%Reduced
Mirae Asset Global Investments Co., Ltd.77,857$2.72M0.01%−2,054,344−96.3%Reduced
Legal & General Group Plc81,836$2.86M0.00%−534−0.6%Reduced
BNP Paribas Arbitrage, SA84,026$2.94M0.00%+83,188+9,927.0%Added
Alliancebernstein L.P.85,247$2.98M0.00%−80,816−48.7%Reduced
Canada Pension Plan Investment Board87,500$3.06M0.00%−175,000−66.7%Reduced
DCF Advisers, LLC91,000$3.18M1.53%+1,000+1.1%Added
Qube Research & Technologies Ltd97,273$3.40M0.00%+97,273New
Tower Research Capital LLC (TRC)104,466$3.65M0.10%+79,603+320.2%Added
Principal Financial Group Inc104,513$3.65M0.00%−2,780,297−96.4%Reduced
Privium Fund Management B.V.132,189$4.65M1.00%00.0%Unchanged
Superstring Capital Management LP134,895$4.72M5.88%−160,052−54.3%Reduced
State Street Corp138,724$4.85M0.00%+1,075+0.8%Added
Goldman Sachs Group Inc144,322$5.05M0.00%+70,731+96.1%Added
Northern Trust Corp146,017$5.11M0.00%−16,681−10.3%Reduced
Bank of America Corp149,744$5.24M0.00%−82,759−35.6%Reduced
Price T Rowe Associates Inc153,037$5.35M0.00%−2,115,179−93.3%Reduced
HSBC Holdings PLC158,254$5.53M0.00%+133,254+533.0%Added
Hennion & Walsh Asset Management, Inc.168,090$5.88M0.24%−19,657−10.5%Reduced
Wells Fargo & Company174,480$6.10M0.00%+35,650+25.7%Added
Raymond James Financial Inc189,913$6.64M0.00%+63,946+50.8%Added
OrbiMed Advisors LLC231,000$8.08M0.20%+231,000New
Renaissance Technologies LLC232,900$8.14M0.01%+148,400+175.6%Added
Candriam Luxembourg S.C.A.238,897$8.35M0.05%−2,044−0.8%Reduced
Envestnet Asset Management Inc239,247$8.37M0.00%+60,533+33.9%Added
UBS Group AG241,650$8.45M0.00%−151,467−38.5%Reduced
StemPoint Capital LP250,438$8.76M2.82%+224,017+847.9%Added
Point72 Asset Management, L.P.252,400$8.83M0.02%+164,230+186.3%Added
Nan Fung Trinity (HK) Ltd269,975$9.44M1.13%+269,975New
D. E. Shaw & Co., Inc.279,661$9.78M0.01%−28,294−9.2%Reduced
Morgan Stanley289,101$10.1M0.00%−2,345,458−89.0%Reduced
XY Capital Ltd362,627$12.7M8.74%+57,230+18.7%Added
Citadel Advisors LLC366,213$12.8M0.01%−16,256−4.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.387,362$13.5M0.05%−621,658−61.6%Reduced
B Group, Inc.400,000$14.0M12.08%00.0%Unchanged
BlackRock, Inc.455,287$15.9M0.00%−59,954−11.6%Reduced
C WorldWide Group Holding A/S510,000$17.8M0.24%+50,000+10.9%Added
Jennison Associates LLC592,332$20.7M0.01%−119,968−16.8%Reduced
MPM Oncology Impact Management LP745,060$26.1M4.51%−88,599−10.6%Reduced
ADAR1 Capital Management, LLC850,437$29.7M4.83%−90,421−9.6%Reduced
Rock Springs Capital Management LP871,392$30.5M1.90%−33,200−3.7%Reduced
Allianz Asset Management GmbH932,000$32.6M0.04%−952,411−50.5%Reduced
Woodline Partners LP1,201,016$42.0M0.22%00.0%Unchanged
Frazier Life Sciences Management, L.P.1,308,138$45.7M1.83%+958,138+273.8%Added
Wellington Management Group LLP1,376,963$48.2M0.01%−2,270,262−62.2%Reduced
Bamco Inc1,587,814$55.5M0.15%−241,680−13.2%Reduced
Janus Henderson Group PLC2,197,860$76.8M0.04%−1,615,573−42.4%Reduced
Clearbridge Investments, LLC4,011,956$140.3M0.11%+732,389+22.3%Added
RTW Investments, LP5,536,876$193.6M2.76%+2,400,196+76.5%Added
Capital World Investors6,036,185$211.1M0.03%+27,766+0.5%Added
FMR LLC6,197,423$216.7M0.01%−180,705−2.8%Reduced
Ra Capital Management, L.P.0$00.00%−1,295,040−100.0%Sold out
Nan Fung Group Holdings Ltd0$00.00%−253,675−100.0%Sold out
MY.Alpha Management HK Advisors Ltd0$00.00%−239,146−100.0%Sold out
Old Mission Capital LLC0$00.00%−107,997−100.0%Sold out
Millennium Management LLC0$00.00%−97,077−100.0%Sold out
Two Sigma Investments, LP0$00.00%−55,843−100.0%Sold out
Robeco Institutional Asset Management B.V.0$00.00%−52,035−100.0%Sold out
Nine Masts Capital Ltd0$00.00%−50,500−100.0%Sold out
Man Group plc0$00.00%−31,170−100.0%Sold out
Engineers Gate Manager LP0$00.00%−30,671−100.0%Sold out
Acadian Asset Management LLC0$00.00%−29,693−100.0%Sold out
TownSquare Capital, LLC0$00.00%−29,636−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−29,520−100.0%Sold out
Mission Wealth Management, LP0$00.00%−20,000−100.0%Sold out
Bellevue Group AG0$00.00%−20,000−100.0%Sold out
SG Americas Securities, LLC0$00.00%−19,693−100.0%Sold out
Dymon Asia Capital (Singapore) Pte. Ltd.0$00.00%−15,000−100.0%Sold out
GTS Securities LLC0$00.00%−10,880−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−10,364−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−9,359−100.0%Sold out
Mackenzie Financial Corp0$00.00%−8,402−100.0%Sold out
Abc Arbitrage SA0$00.00%−6,239−100.0%Sold out
RWC Asset Management LLP0$00.00%−6,144−100.0%Sold out
Profund Advisors LLC0$00.00%−5,868−100.0%Sold out
Palumbo Wealth Management LLC0$00.00%−5,612−100.0%Sold out
Advisors Preferred, LLC0$00.00%−2,948−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−1,305−100.0%Sold out
Group One Trading, L.P.0$00.00%−557−100.0%Sold out
Quent Capital, LLC0$00.00%−230−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−155−100.0%Sold out
Bartlett & Co. Wealth Management LLC0$00.00%−35−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−31−100.0%Sold out
Creative Financial Designs Inc0$00.00%−29−100.0%Sold out
Cornerstone Planning Group LLC0$00.00%−22−100.0%Sold out
GAMMA Investing LLC0$00.00%−17−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−10−100.0%Sold out
Orion Portfolio Solutions, LLC––––Not filed