ZAI LAB LTD

Ticker: ZLAB CUSIP: 98887Q104 Class: ADR

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (31)

XY Capital Ltd
Value ($000) $3,569 Shares 202,304
Campbell & CO Investment Adviser LLC
Value ($000) $3,001 Shares 170,117
Persistent Asset Partners Ltd
Value ($000) $218 Shares 12,339
Walleye Capital LLC
Value ($000) $6,587 Shares 373,399
Headlands Technologies LLC
Value ($000) $280 Shares 15,846
DRW Securities, LLC
Value ($000) $544 Shares 30,862
Hudson Bay Capital Management LP
Value ($000) $1,588 Shares 90,000
JANE STREET GROUP, LLC
Value ($000) $6,740 Shares 382,062
Qube Research & Technologies Ltd
Value ($000) $1,899 Shares 107,651
Schonfeld Strategic Advisors LLC
Value ($000) $706 Shares 40,005
AMERIPRISE FINANCIAL INC
Value ($000) $3,195 Shares 181,133
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $1,004 Shares 56,895
ExodusPoint Capital Management, LP
Value ($000) $240 Shares 13,618
TWO SIGMA INVESTMENTS, LP
Value ($000) $521 Shares 29,523
GROUP ONE TRADING, L.P.
Value ($000) $336 Shares 19,032
Caitong International Asset Management Co., Ltd
Value ($000) $6 Shares 325
Virtu Financial LLC
Value ($000) $0 Shares 10,551
SRS Capital Advisors, Inc.
Value ($000) $7 Shares 409
Pinnacle Wealth Planning Services, Inc.
Value ($000) $4 Shares 201
Parkside Financial Bank & Trust
Value ($000) $4 Shares 213

Increased Positions (35)

ADAR1 Capital Management, LLC
Value ($000) $21,989 (-25.3%) Shares 1,246,520 (+43.5%)
RTW INVESTMENTS, LP
Value ($000) $122,757 (+58.1%) Shares 6,959,032 (+203.7%)
Frazier Life Sciences Management, L.P.
Value ($000) $33,557 (-39.2%) Shares 1,902,320 (+16.9%)
Rock Springs Capital Management LP
Value ($000) $14,316 (-46.6%) Shares 811,546 (+2.6%)
Virtus Investment Advisers, LLC
Value ($000) $678 (+93.8%) Shares 38,457 (+272.4%)
DCF Advisers, LLC
Value ($000) $1,720 (-44.8%) Shares 97,500 (+6.0%)
Hennion & Walsh Asset Management, Inc.
Value ($000) $3,616 (-33.3%) Shares 204,982 (+28.1%)
UBS Group AG
Value ($000) $31,439 (+202.6%) Shares 1,782,252 (+481.4%)
CITADEL ADVISORS LLC
Value ($000) $29,774 (-11.0%) Shares 1,687,846 (+71.0%)
MARSHALL WACE, LLP
Value ($000) $4,089 (+96.5%) Shares 231,802 (+277.5%)
BAMCO INC /NY/
Value ($000) $25,014 (-46.2%) Shares 1,418,005 (+3.4%)
D. E. Shaw & Co., Inc.
Value ($000) $4,209 (+262.2%) Shares 238,609 (+595.9%)
ALPS ADVISORS INC
Value ($000) $1,625 (-8.9%) Shares 92,107 (+75.1%)
SCHRODER INVESTMENT MANAGEMENT GROUP
Value ($000) $5,286 (+2.2%) Shares 299,844 (+90.9%)
JPMORGAN CHASE & CO
Value ($000) $5,181 (+1525.1%) Shares 293,703 (+3022.2%)
BANK OF AMERICA CORP /DE/
Value ($000) $6,858 (+42.1%) Shares 388,769 (+173.1%)
DIMENSIONAL FUND ADVISORS LP
Value ($000) $3,068 (+94.6%) Shares 173,946 (+272.6%)
MORGAN STANLEY
Value ($000) $5,110 (+25.8%) Shares 289,705 (+141.7%)
BlackRock, Inc.
Value ($000) $11,205 (-30.2%) Shares 635,213 (+34.1%)
GOLDMAN SACHS GROUP INC
Value ($000) $2,636 (-5.4%) Shares 149,434 (+81.8%)

Decreased Positions (40)

SUPERSTRING CAPITAL MANAGEMENT LP
Value ($000) $3,472 (-48.9%) Shares 196,853 (-1.9%)
IvyRock Asset Management (HK) Ltd
Value ($000) $264 (-91.8%) Shares 14,979 (-84.2%)
Clearbridge Investments, LLC
Value ($000) $31,894 (-73.3%) Shares 1,808,035 (-48.6%)
Legacy Wealth Asset Management, LLC
Value ($000) $281 (-62.6%) Shares 15,903 (-28.2%)
FMR LLC
Value ($000) $25,409 (-84.1%) Shares 1,440,406 (-69.4%)
WELLINGTON MANAGEMENT GROUP LLP
Value ($000) $13,280 (-77.2%) Shares 752,858 (-56.2%)
LMR Partners LLP
Value ($000) $182 (-96.0%) Shares 10,320 (-92.2%)
Brinker Capital Investments, LLC
Value ($000) $368 (-77.6%) Shares 20,849 (-57.0%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $2,669 (-68.7%) Shares 151,318 (-40.0%)
RAYMOND JAMES FINANCIAL INC
Value ($000) $1,638 (-73.8%) Shares 92,837 (-49.8%)
Zurcher Kantonalbank (Zurich Cantonalbank)
Value ($000) $6 (-99.5%) Shares 317 (-99.1%)
OPPENHEIMER ASSET MANAGEMENT INC.
Value ($000) $187 (-74.6%) Shares 10,608 (-51.2%)
WELLS FARGO & COMPANY/MN
Value ($000) $1,643 (-72.3%) Shares 93,140 (-46.8%)
LPL Financial LLC
Value ($000) $549 (-81.0%) Shares 31,114 (-63.4%)
TD Asset Management Inc
Value ($000) $1,528 (-62.9%) Shares 86,640 (-28.7%)
NORTHERN TRUST CORP
Value ($000) $1,701 (-65.6%) Shares 96,442 (-33.9%)
China Universal Asset Management Co., Ltd.
Value ($000) $113 (-60.4%) Shares 6,380 (-23.9%)
MANUFACTURERS LIFE INSURANCE COMPANY, THE
Value ($000) $827 (-64.7%) Shares 46,935 (-32.1%)
GEODE CAPITAL MANAGEMENT, LLC
Value ($000) $421 (-75.4%) Shares 23,879 (-52.8%)
MML INVESTORS SERVICES, LLC
Value ($000) $607 (-60.6%) Shares 34,421 (-24.3%)

Exited Positions (43)

MPM BioImpact LLC
Value ($000) $25,250 Shares 745,060
Infini Capital Management Ltd
Value ($000) $423 Shares 12,480
BAROMETER CAPITAL MANAGEMENT INC.
Value ($000) $1,420 Shares 41,900
SECTORAL ASSET MANAGEMENT INC
Value ($000) $427 Shares 12,590
TEMA ETFS LLC
Value ($000) $2,103 Shares 62,067
Capital World Investors
Value ($000) $205,972 Shares 6,077,666
Polymer Capital Management (HK) LTD
Value ($000) $471 Shares 13,902
JANUS HENDERSON GROUP PLC
Value ($000) $69,487 Shares 2,049,537
Allianz Asset Management GmbH
Value ($000) $27,620 Shares 815,000
Woodline Partners LP
Value ($000) $6,727 Shares 198,509
ABC ARBITRAGE SA
Value ($000) $352 Shares 10,388
GTS SECURITIES LLC
Value ($000) $660 Shares 19,465
GSA CAPITAL PARTNERS LLP
Value ($000) $0 Shares 13,033
BALYASNY ASSET MANAGEMENT L.P.
Value ($000) $3,536 Shares 104,349
PROFUND ADVISORS LLC
Value ($000) $229 Shares 6,767
BOOTHBAY FUND MANAGEMENT, LLC
Value ($000) $393 Shares 11,586
Jasper Ridge Partners, L.P.
Value ($000) $272 Shares 8,024
Icon Wealth Advisors, LLC
Value ($000) $109 Shares 3,229
Kingsview Wealth Management, LLC
Value ($000) $271 Shares 8,003
OMERS ADMINISTRATION Corp
Value ($000) $393 Shares 11,600