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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, Q3 2025

Institutional positions in Zai Lab Ltd as of Sep 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
138
−17 vs. Q2 2025
Shares held
35.2M
−7.44M (−17.5%) vs. Q2 2025
Total value
$1.19B
−$298.1M (−20.0%) vs. Q2 2025
New holders
21
48 more added
Sold out
38
46 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 138 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 heldQ3 2025: $1.19B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Zai Lab Ltd; share changes are against Q2 2025.

Institutions holding ZLAB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors6,077,666$206.0M0.03%+41,481+0.7%Added
FMR LLC4,701,711$159.3M0.01%−1,495,712−24.1%Reduced
Clearbridge Investments, LLC3,519,337$119.3M0.09%−492,619−12.3%Reduced
RTW Investments, LP2,291,372$77.7M0.96%−3,245,504−58.6%Reduced
Janus Henderson Group PLC2,049,537$69.5M0.03%−148,323−6.7%Reduced
Wellington Management Group LLP1,718,455$58.2M0.01%+341,492+24.8%Added
Frazier Life Sciences Management, L.P.1,627,320$55.1M1.65%+319,182+24.4%Added
Bamco Inc1,371,243$46.5M0.12%−216,571−13.6%Reduced
Citadel Advisors LLC987,043$33.5M0.03%+620,830+169.5%Added
Price T Rowe Associates Inc948,671$32.2M0.00%+795,634+519.9%Added
ADAR1 Capital Management, LLC868,780$29.4M2.92%+18,343+2.2%Added
Allianz Asset Management GmbH815,000$27.6M0.03%−117,000−12.6%Reduced
Rock Springs Capital Management LP791,193$26.8M1.57%−80,199−9.2%Reduced
MPM Oncology Impact Management LP745,060$25.3M4.13%00.0%Unchanged
C WorldWide Group Holding A/S510,000$17.3M0.27%00.0%Unchanged
BlackRock, Inc.473,563$16.0M0.00%+18,276+4.0%Added
B Group, Inc.400,000$13.6M12.96%00.0%Unchanged
Legal & General Group Plc382,459$13.0M0.00%+300,623+367.3%Added
UBS Group AG306,554$10.4M0.00%+64,904+26.9%Added
Nan Fung Trinity (HK) Ltd269,975$9.15M0.91%00.0%Unchanged
Envestnet Asset Management Inc252,030$8.54M0.00%+12,783+5.3%Added
Superstring Capital Management LP200,628$6.80M6.70%+65,733+48.7%Added
Woodline Partners LP198,509$6.73M0.03%−1,002,507−83.5%Reduced
Raymond James Financial Inc184,766$6.26M0.00%−5,147−2.7%Reduced
Wells Fargo & Company175,132$5.94M0.00%+652+0.4%Added
Hennion & Walsh Asset Management, Inc.160,037$5.42M0.20%−8,053−4.8%Reduced
Schroder Investment Management Group157,061$5.17M0.00%+134,362+591.9%Added
Northern Trust Corp146,003$4.95M0.00%−140.0%Reduced
Bank of America Corp142,374$4.83M0.00%−7,370−4.9%Reduced
State Street Corp136,338$4.62M0.00%−2,386−1.7%Reduced
LMR Partners LLP132,668$4.50M0.06%+88,598+201.0%Added
Privium Fund Management B.V.132,189$4.48M0.81%00.0%Unchanged
TD Asset Management Inc121,528$4.12M0.00%+97,400+403.7%Added
Morgan Stanley119,880$4.06M0.00%−169,221−58.5%Reduced
Mirae Asset Global Investments Co., Ltd.105,099$3.56M0.01%+27,242+35.0%Added
Balyasny Asset Management LLC104,349$3.54M0.01%+73,578+239.1%Added
Principal Financial Group Inc104,285$3.53M0.00%−228−0.2%Reduced
IvyRock Asset Management (HK) Ltd94,879$3.22M1.38%+94,879New
DCF Advisers, LLC92,000$3.12M1.18%+1,000+1.1%Added
LPL Financial LLC85,110$2.88M0.00%+53,246+167.1%Added
Goldman Sachs Group Inc82,181$2.79M0.00%−62,141−43.1%Reduced
Manufacturers Life Insurance Company, The69,155$2.34M0.00%+48,791+239.6%Added
AXA Investment Managers S.A.65,814$2.23M0.01%+65,814New
Long Corridor Asset Management Ltd65,800$2.23M0.91%+65,800New
NEOS Investment Management LLC62,067$2.10M0.02%+3,232+5.5%Added
Tema ETFs LLC62,067$2.10M0.17%+3,232+5.5%Added
Marshall Wace, LLP61,402$2.08M0.00%+36,946+151.1%Added
Alps Advisors Inc52,616$1.78M0.01%−8,182−13.5%Reduced
Geode Capital Management, LLC50,576$1.71M0.00%−5,946−10.5%Reduced
Brinker Capital Investments, LLC48,517$1.64M0.01%+84+0.2%Added
Dimensional Fund Advisors LP46,685$1.58M0.00%+31,113+199.8%Added
MML Investors Services, LLC45,484$1.54M0.00%+1,805+4.1%Added
Barometer Capital Management Inc.41,900$1.42M0.32%+18,300+77.5%Added
Invesco Ltd.38,554$1.31M0.00%−9,045−19.0%Reduced
WealthPlan Investment Management, LLC36,761$1.25M0.08%00.0%Unchanged
DekaBank Deutsche Girozentrale36,648$1.21M0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)34,738$1.18M0.00%+10,692+44.5%Added
D. E. Shaw & Co., Inc.34,290$1.16M0.00%−245,371−87.7%Reduced
Bank of Montreal32,039$1.09M0.00%+2,257+7.6%Added
HRT Financial LP26,768$907.0K0.00%+5,063+23.3%Added
US Bancorp24,762$839.2K0.00%+324+1.3%Added
Russell Investments Group, Ltd.22,200$752.4K0.00%+34+0.2%Added
Legacy Wealth Asset Management, LLC22,140$750.3K0.18%+172+0.8%Added
Oppenheimer Asset Management Inc.21,734$736.6K0.01%−240−1.1%Reduced
Royal Bank of Canada21,371$724.0K0.00%+2,664+14.2%Added
GTS Securities LLC19,465$659.7K0.03%+19,465New
Marks Group Wealth Management, Inc16,523$560.0K0.05%+2,270+15.9%Added
Alliancebernstein L.P.16,514$559.7K0.00%−68,733−80.6%Reduced
Erste Asset Management GmbH15,100$497.2K0.00%00.0%Unchanged
Cerity Partners LLC14,283$484.1K0.00%+15+0.1%Added
Polymer Capital Management (HK) LTD13,902$471.1K0.07%+13,902New
Gsa Capital Partners LLP13,033$442.0K0.04%−14,512−52.7%Reduced
Sectoral Asset Management Inc12,590$426.7K0.26%−3,250−20.5%Reduced
Infini Capital Management Ltd12,480$422.9K0.41%+12,480New
Omers Administration Corp11,600$393.1K0.00%+11,600New
Boothbay Fund Management, LLC11,586$392.6K0.01%+11,586New
NJ State Employees Deferred Compensation Plan11,300$383.0K0.04%00.0%Unchanged
Stifel Financial Corp11,219$380.2K0.00%−29−0.3%Reduced
Truist Financial Corp11,132$377.3K0.00%+743+7.2%Added
Abc Arbitrage SA10,388$352.0K0.03%+10,388New
Virtus Investment Advisers, Inc.10,328$350.0K0.10%00.0%Unchanged
SG Americas Securities, LLC9,754$331.0K0.00%+9,754New
JPMorgan Chase & Co9,407$318.8K0.00%−384−3.9%Reduced
JustInvest LLC8,945$303.1K0.00%−2,840−24.1%Reduced
Quantinno Capital Management LP8,633$292.6K0.00%−63−0.7%Reduced
China Universal Asset Management Co., Ltd.8,380$284.0K0.02%−3,247−27.9%Reduced
Bank of New York Mellon Corp8,365$283.5K0.00%+838+11.1%Added
Citigroup Inc8,266$280.1K0.00%−246−2.9%Reduced
Cetera Investment Advisers8,069$273.5K0.00%+8,069New
Jasper Ridge Partners, L.P.8,024$271.9K0.01%00.0%Unchanged
Kingsview Wealth Management, LLC8,003$271.2K0.00%−1,035−11.5%Reduced
Atria Investments LLC7,497$254.1K0.00%−577−7.1%Reduced
Wiley Bros.-Aintree Capital, LLC7,100$240.2K0.00%+631+9.8%Added
Profund Advisors LLC6,767$229.3K0.01%+6,767New
Park Avenue Securities LLC6,615$224.0K0.00%+40+0.6%Added
Resources Investment Advisors, LLC.6,367$215.8K0.00%+40+0.6%Added
PEAK6 LLC6,000$203.3K0.01%−1,500−20.0%Reduced
Jefferies Financial Group Inc.3,700$125.4K0.00%−1,300−26.0%Reduced
Icon Wealth Advisors, LLC3,229$109.4K0.01%+43+1.3%Added
Pictet Asset Management Holding SA2,700$91.5K0.00%00.0%Unchanged