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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
IvyRock Asset Management (HK) Ltd94,879$3.22M1.38%+94,879New
Principal Financial Group Inc104,285$3.53M0.00%−228−0.2%Reduced
Balyasny Asset Management LLC104,349$3.54M0.01%+73,578+239.1%Added
Mirae Asset Global Investments Co., Ltd.105,099$3.56M0.01%+27,242+35.0%Added
Morgan Stanley119,880$4.06M0.00%−169,221−58.5%Reduced
TD Asset Management Inc121,528$4.12M0.00%+97,400+403.7%Added
Privium Fund Management B.V.132,189$4.48M0.81%00.0%Unchanged
LMR Partners LLP132,668$4.50M0.06%+88,598+201.0%Added
State Street Corp136,338$4.62M0.00%−2,386−1.7%Reduced
Bank of America Corp142,374$4.83M0.00%−7,370−4.9%Reduced
Northern Trust Corp146,003$4.95M0.00%−140.0%Reduced
Schroder Investment Management Group157,061$5.17M0.00%+134,362+591.9%Added
Hennion & Walsh Asset Management, Inc.160,037$5.42M0.20%−8,053−4.8%Reduced
Wells Fargo & Company175,132$5.94M0.00%+652+0.4%Added
Raymond James Financial Inc184,766$6.26M0.00%−5,147−2.7%Reduced
Woodline Partners LP198,509$6.73M0.03%−1,002,507−83.5%Reduced
Superstring Capital Management LP200,628$6.80M6.70%+65,733+48.7%Added
Envestnet Asset Management Inc252,030$8.54M0.00%+12,783+5.3%Added
Nan Fung Trinity (HK) Ltd269,975$9.15M0.91%00.0%Unchanged
UBS Group AG306,554$10.4M0.00%+64,904+26.9%Added
Legal & General Group Plc382,459$13.0M0.00%+300,623+367.3%Added
B Group, Inc.400,000$13.6M12.96%00.0%Unchanged
BlackRock, Inc.473,563$16.0M0.00%+18,276+4.0%Added
C WorldWide Group Holding A/S510,000$17.3M0.27%00.0%Unchanged
MPM Oncology Impact Management LP745,060$25.3M4.13%00.0%Unchanged
Rock Springs Capital Management LP791,193$26.8M1.57%−80,199−9.2%Reduced
Allianz Asset Management GmbH815,000$27.6M0.03%−117,000−12.6%Reduced
ADAR1 Capital Management, LLC868,780$29.4M2.92%+18,343+2.2%Added
Price T Rowe Associates Inc948,671$32.2M0.00%+795,634+519.9%Added
Citadel Advisors LLC987,043$33.5M0.03%+620,830+169.5%Added
Bamco Inc1,371,243$46.5M0.12%−216,571−13.6%Reduced
Frazier Life Sciences Management, L.P.1,627,320$55.1M1.65%+319,182+24.4%Added
Wellington Management Group LLP1,718,455$58.2M0.01%+341,492+24.8%Added
Janus Henderson Group PLC2,049,537$69.5M0.03%−148,323−6.7%Reduced
RTW Investments, LP2,291,372$77.7M0.96%−3,245,504−58.6%Reduced
Clearbridge Investments, LLC3,519,337$119.3M0.09%−492,619−12.3%Reduced
FMR LLC4,701,711$159.3M0.01%−1,495,712−24.1%Reduced
Capital World Investors6,077,666$206.0M0.03%+41,481+0.7%Added
Jennison Associates LLC0$00.00%−592,332−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−387,362−100.0%Sold out
XY Capital Ltd0$00.00%−362,627−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−252,400−100.0%Sold out
StemPoint Capital LP0$00.00%−250,438−100.0%Sold out
Candriam Luxembourg S.C.A.0$00.00%−238,897−100.0%Sold out
Renaissance Technologies LLC0$00.00%−232,900−100.0%Sold out
OrbiMed Advisors LLC0$00.00%−231,000−100.0%Sold out
HSBC Holdings PLC0$00.00%−158,254−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−97,273−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−87,500−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−74,193−100.0%Sold out
Jump Financial, LLC0$00.00%−66,003−100.0%Sold out
AXA S.A.0$00.00%−65,814−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−60,100−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−56,473−100.0%Sold out
Keystone Investors Pte Ltd0$00.00%−55,210−100.0%Sold out
Public Employees Retirement System of Ohio0$00.00%−23,820−100.0%Sold out
Alberta Investment Management Corp0$00.00%−22,000−100.0%Sold out
M&T Bank Corp0$00.00%−21,825−100.0%Sold out
Penserra Capital Management LLC0$00.00%−20,978−100.0%Sold out
Walleye Capital LLC0$00.00%−13,949−100.0%Sold out
National Philanthropic Trust0$00.00%−10,000−100.0%Sold out
Wealth Alliance0$00.00%−5,821−100.0%Sold out
UBS Asset Management Americas Inc0$00.00%−5,250−100.0%Sold out
Lazard Asset Management LLC0$00.00%−2,092−100.0%Sold out
Persistent Asset Partners Ltd0$00.00%−873−100.0%Sold out
T. Rowe Price Investment Management, Inc.0$00.00%−713−100.0%Sold out
Smithfield Trust Co0$00.00%−531−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−400−100.0%Sold out
Diadema Partners LP0$00.00%−3,785−100.0%Sold out
Whittier Trust Co of Nevada Inc0$00.00%−322−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−114−100.0%Sold out
Riggs Asset Managment Co. Inc.0$00.00%−76−100.0%Sold out
Sierra Ocean, LLC0$00.00%−70−100.0%Sold out
Brown Brothers Harriman & Co0$00.00%−40−100.0%Sold out
Skopos Labs, Inc.0$00.00%−29−100.0%Sold out
Huntington National Bank0$00.00%−7−100.0%Sold out
Avantax Advisory Services, Inc.––––Not filed