Zto Express (Cayman) Inc. (ZTO)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Harding Loevner Lp	14,165,047	$276,926,670	1.87%
2.	Linden Advisors LpBOND	223,365,000	$221,297,943	1.83%
3.	Temasek Holdings (private) Ltd	10,426,750	$203,842,963	0.8%
4.	Jane Street Group, LlcCALL	9,950,500	$194,532,275	0.04%
5.	Morgan Stanley	9,385,256	$183,481,773	0.01%