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 7 sales; 92 institutions reported holding it in 13F filings for Q2 2026, worth $822.8M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Zai Lab Ltd as of Dec 31, 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
- 126
- −11 vs. Q3 2025
- Shares held
- 28.9M
- −6.17M (−17.6%) vs. Q3 2025
- Total value
- $510.5M
- −$679.4M (−57.1%) vs. Q3 2025
- New holders
- 33
- 36 more added
- Sold out
- 44
- 40 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 92 | $822.8M |
| Q1 2026 | 99 | $530.9M |
| Q4 2025 | 126 | $510.5M |
| Q3 2025 | 138 | $1.19B |
| Q2 2025 | 156 | $1.49B |
| Q1 2025 | 160 | $1.97B |
| Q4 2024 | 131 | $1.48B |
| Q3 2024 | 104 | $1.10B |
| Q2 2024 | 105 | $707.8M |
| Q1 2024 | 117 | $668.9M |
| Q4 2023 | 124 | $1.13B |
| Q3 2023 | 122 | $954.6M |
| Q2 2023 | 138 | $1.18B |
| Q1 2023 | 161 | $1.85B |
| Q4 2022 | 167 | $1.79B |
| Q3 2022 | 171 | $2.11B |
| Q2 2022 | 166 | $2.11B |
| Q1 2022 | 176 | $2.74B |
| Q4 2021 | 207 | $4.07B |
| Q3 2021 | 228 | $6.76B |
| Q2 2021 | 234 | $11.0B |
| Q1 2021 | 222 | $7.24B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Zai Lab Ltd; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| RTW Investments, LP | 6,959,032 | $122.8M | 1.23% | +4,667,660+203.7% | Added |
| Frazier Life Sciences Management, L.P. | 1,902,320 | $33.6M | 0.90% | +275,000+16.9% | Added |
| Clearbridge Investments, LLC | 1,808,035 | $31.9M | 0.03% | −1,711,302−48.6% | Reduced |
| UBS Group AG | 1,782,252 | $31.4M | 0.01% | +1,475,698+481.4% | Added |
| Citadel Advisors LLC | 1,687,846 | $29.8M | 0.02% | +700,803+71.0% | Added |
| FMR LLC | 1,440,406 | $25.4M | 0.00% | −3,261,305−69.4% | Reduced |
| Bamco Inc | 1,418,005 | $25.0M | 0.07% | +46,762+3.4% | Added |
| ADAR1 Capital Management, LLC | 1,246,520 | $22.0M | 1.64% | +377,740+43.5% | Added |
| Rock Springs Capital Management LP | 811,546 | $14.3M | 0.73% | +20,353+2.6% | Added |
| Wellington Management Group LLP | 752,858 | $13.3M | 0.00% | −965,597−56.2% | Reduced |
| BlackRock, Inc. | 635,213 | $11.2M | 0.00% | +161,650+34.1% | Added |
| Price T Rowe Associates Inc | 602,954 | $10.6M | 0.00% | −345,717−36.4% | Reduced |
| C WorldWide Group Holding A/S | 510,000 | $9.00M | 0.16% | 00.0% | Unchanged |
| B Group, Inc. | 400,000 | $7.06M | 5.23% | 00.0% | Unchanged |
| Bank of America Corp | 388,769 | $6.86M | 0.00% | +246,395+173.1% | Added |
| Legal & General Group Plc | 387,800 | $6.84M | 0.00% | +5,341+1.4% | Added |
| Jane Street Group, LLC | 382,062 | $6.74M | 0.01% | +382,062 | New |
| Walleye Capital LLC | 373,399 | $6.59M | 0.04% | +373,399 | New |
| Schroder Investment Management Group | 299,844 | $5.29M | 0.00% | +142,783+90.9% | Added |
| JPMorgan Chase & Co | 293,703 | $5.18M | 0.00% | +274,889+1,461.1% | Added |
| Morgan Stanley | 289,705 | $5.11M | 0.00% | +169,825+141.7% | Added |
| Nan Fung Trinity (HK) Ltd | 269,975 | $4.76M | 0.38% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 238,609 | $4.21M | 0.00% | +204,319+595.9% | Added |
| Marshall Wace, LLP | 231,802 | $4.09M | 0.00% | +170,400+277.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 204,982 | $3.62M | 0.12% | +44,945+28.1% | Added |
| XY Capital Ltd | 202,304 | $3.57M | 3.63% | +202,304 | New |
| Superstring Capital Management LP | 196,853 | $3.47M | 1.86% | −3,775−1.9% | Reduced |
| Ameriprise Financial Inc | 181,133 | $3.20M | 0.00% | +181,133 | New |
| Dimensional Fund Advisors LP | 173,946 | $3.07M | 0.00% | +127,261+272.6% | Added |
| Campbell & CO Investment Adviser LLC | 170,117 | $3.00M | 0.14% | +170,117 | New |
| NEXTBio Capital Management LP | 163,362 | $2.88M | 1.69% | +163,362 | New |
| Envestnet Asset Management Inc | 151,318 | $2.67M | 0.00% | −100,712−40.0% | Reduced |
| Goldman Sachs Group Inc | 149,434 | $2.64M | 0.00% | +67,253+81.8% | Added |
| State Street Corp | 136,428 | $2.41M | 0.00% | +90+0.1% | Added |
| Privium Fund Management B.V. | 132,189 | $2.33M | 0.43% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 107,651 | $1.90M | 0.00% | +107,651 | New |
| Mirae Asset Global Investments Co., Ltd. | 103,118 | $1.82M | 0.01% | −1,981−1.9% | Reduced |
| Principal Financial Group Inc | 101,782 | $1.80M | 0.00% | −2,503−2.4% | Reduced |
| DCF Advisers, LLC | 97,500 | $1.72M | 0.57% | +5,500+6.0% | Added |
| Northern Trust Corp | 96,442 | $1.70M | 0.00% | −49,561−33.9% | Reduced |
| Wells Fargo & Company | 93,140 | $1.64M | 0.00% | −81,992−46.8% | Reduced |
| Raymond James Financial Inc | 92,837 | $1.64M | 0.00% | −91,929−49.8% | Reduced |
| Alps Advisors Inc | 92,107 | $1.62M | 0.01% | +39,491+75.1% | Added |
| Hudson Bay Capital Management LP | 90,000 | $1.59M | 0.01% | +90,000 | New |
| TD Asset Management Inc | 86,640 | $1.53M | 0.00% | −34,888−28.7% | Reduced |
| HRT Financial LP | 83,793 | $1.48M | 0.00% | +57,025+213.0% | Added |
| NEOS Investment Management LLC | 75,165 | $1.33M | 0.01% | +13,098+21.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 65,814 | $1.16M | 0.00% | +65,814 | New |
| Long Corridor Asset Management Ltd | 65,800 | $1.16M | 0.08% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 56,895 | $1.00M | 0.00% | +56,895 | New |
| Manufacturers Life Insurance Company, The | 46,935 | $827.5K | 0.00% | −22,220−32.1% | Reduced |
| Schonfeld Strategic Advisors LLC | 40,005 | $705.7K | 0.00% | +40,005 | New |
| Virtus Investment Advisers, Inc. | 38,457 | $678.4K | 0.18% | +28,129+272.4% | Added |
| WealthPlan Investment Management, LLC | 36,761 | $648.5K | 0.04% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 36,648 | $647.0K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 34,421 | $607.2K | 0.00% | −11,063−24.3% | Reduced |
| LPL Financial LLC | 31,114 | $548.9K | 0.00% | −53,996−63.4% | Reduced |
| DRW Securities, LLC | 30,862 | $544.4K | 0.04% | +30,862 | New |
| Invesco Ltd. | 30,594 | $539.7K | 0.00% | −7,960−20.6% | Reduced |
| Two Sigma Investments, LP | 29,523 | $520.8K | 0.00% | +29,523 | New |
| Geode Capital Management, LLC | 23,879 | $421.2K | 0.00% | −26,697−52.8% | Reduced |
| Bank of Montreal | 22,099 | $389.8K | 0.00% | −9,940−31.0% | Reduced |
| Brinker Capital Investments, LLC | 20,849 | $367.8K | 0.00% | −27,668−57.0% | Reduced |
| Group One Trading, L.P. | 19,032 | $335.7K | 0.01% | +19,032 | New |
| US Bancorp | 17,771 | $313.5K | 0.00% | −6,991−28.2% | Reduced |
| Marks Group Wealth Management, Inc | 16,278 | $287.1K | 0.03% | −245−1.5% | Reduced |
| Legacy Wealth Asset Management, LLC | 15,903 | $280.5K | 0.07% | −6,237−28.2% | Reduced |
| Headlands Technologies LLC | 15,846 | $279.5K | 0.02% | +15,846 | New |
| Erste Asset Management GmbH | 15,100 | $269.1K | 0.00% | 00.0% | Unchanged |
| IvyRock Asset Management (HK) Ltd | 14,979 | $264.2K | 0.14% | −79,900−84.2% | Reduced |
| Royal Bank of Canada | 14,757 | $260.0K | 0.00% | −6,614−30.9% | Reduced |
| ExodusPoint Capital Management, LP | 13,618 | $240.2K | 0.00% | +13,618 | New |
| Persistent Asset Partners Ltd | 12,339 | $217.7K | 0.10% | +12,339 | New |
| Oppenheimer Asset Management Inc. | 10,608 | $187.1K | 0.00% | −11,126−51.2% | Reduced |
| Virtu Financial LLC | 10,551 | $186.0K | 0.01% | +10,551 | New |
| SG Americas Securities, LLC | 10,396 | $183.0K | 0.00% | +642+6.6% | Added |
| LMR Partners LLP | 10,320 | $182.0K | 0.00% | −122,348−92.2% | Reduced |
| Quantinno Capital Management LP | 10,085 | $177.9K | 0.00% | +1,452+16.8% | Added |
| China Universal Asset Management Co., Ltd. | 6,380 | $112.5K | 0.01% | −2,000−23.9% | Reduced |
| Citigroup Inc | 5,151 | $90.9K | 0.00% | −3,115−37.7% | Reduced |
| Basecamp Wealth Advisors LLC | 3,227 | $56.9K | 0.01% | +3,227 | New |
| Storebrand Asset Management AS | 2,580 | $45.5K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 1,329 | $23.4K | 0.00% | +753+130.7% | Added |
| CWM, LLC | 979 | $17.0K | 0.00% | +537+121.5% | Added |
| BNP Paribas Arbitrage, SA | 884 | $15.6K | 0.00% | +87+10.9% | Added |
| Tower Research Capital LLC (TRC) | 804 | $14.2K | 0.00% | +653+432.5% | Added |
| GF Fund Management Co. Ltd. | 768 | $13.5K | 0.00% | −261−25.4% | Reduced |
| Horizon Investments, LLC | 735 | $13.0K | 0.00% | −351−32.3% | Reduced |
| SRS Capital Advisors, Inc. | 409 | $7.21K | 0.00% | +409 | New |
| Smartleaf Asset Management LLC | 331 | $5.84K | 0.00% | +149+81.9% | Added |
| Caitong International Asset Management Co., Ltd | 325 | $5.73K | 0.00% | +325 | New |
| Advisor Group Holdings, Inc. | 319 | $5.63K | 0.00% | −13−3.9% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 317 | $5.59K | 0.00% | −34,421−99.1% | Reduced |
| The PNC Financial Services Group, Inc. | 302 | $5.33K | 0.00% | −683−69.3% | Reduced |
| Rhumbline Advisers | 281 | $4.96K | 0.00% | −10−3.4% | Reduced |
| Assetmark, Inc | 233 | $4.11K | 0.00% | +226+3,228.6% | Added |
| Quent Capital, LLC | 230 | $4.06K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 213 | $3.76K | 0.00% | +213 | New |
| Private Trust Co NA | 206 | $3.63K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 203 | $3.58K | 0.00% | +27+15.3% | Added |