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ZLAB Zai Lab Ltd.

Health Care, filed as ZAI LAB LTD (ADR), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

  • 1 Owner
  • Max 0.1%
  • $31M
  • 1 reduce

In 2026 Q2 Ron Baron trimmed Zai Lab.

Who owns this now

Largest portfolio weights among holders, up to 0.1% (Ron Baron, Bamco Inc. (Baron Capital)). Not free-float ownership.

  1. Ron Baron Reduce 0.05%

Who owns ZLAB

Sorted by value, long equity only, as of 2026 Q2.

History
Ron Baron, Bamco Inc. (Baron Capital) 0.05%, was 0.10% Reduce −2.1% 1,623,694 $31M History

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by ZLAB's executives, directors and 10% owners in the last 12 months, from their Form 4s

All ZLAB insider trades
  • $66K bought by 1 insider
  • None no sales outside a trading plan
  • $9.2M sold by 5 insiders under 10b5-1 plans
  1. Yajing Chen CFO
    Planned sale
    $7,020 260 shares at $27.00 0.7% of stake
    Traded Aug 19 Filed Aug 21
  2. William Lis Director
    Planned sale
    $213K 8,506 shares at $25.00 17% of stake
    Traded Aug 12 Filed Aug 13
  3. Yajing Chen CFO
    Planned sale
    $15K 619 shares at $25.00 1.7% of stake
    Traded Aug 11 Filed Aug 13
  4. Richard Gaynor Director
    Buy
    $33K 1,736 shares at $19.05 +2.2% to stake
    Traded Jul 1 Filed Jul 6
  5. William Lis Director
    Planned sale
    $127K 7,040 shares at $18.09 12% of stake
    Traded Jun 22 Filed Jun 24
  6. Du Ying CEO
    Planned sale
    $2M 100,000 shares at $19.87 8.2% of stake
    Traded May 15–18 Filed May 19
  7. Frazor Titus Edmondson III Chief Legal Officer
    Planned sale
    $71K 3,517 shares at $20.19 15% of stake
    Traded May 14 Filed May 15
  8. Du Ying CEO
    Planned sale
    $2M 100,000 shares at $20.03 8.2% of stake
    Traded May 13–14 Filed May 15
  9. Richard Gaynor Director
    Buy
    $33K 1,731 shares at $18.91 +3.2% to stake
    Traded Mar 17 Filed Mar 19
  10. Du Ying CEO
    Planned sale
    $1.9M 100,000 shares at $19.22 9.4% of stake
    Traded Mar 6–9 Filed Mar 10
  11. Frazor Titus Edmondson III Chief Legal Officer
    Planned sale
    $297K 15,569 shares at $19.06 82% of stake
    Traded Mar 5 Filed Mar 6
  12. Du Ying CEO
    Planned sale
    $1.9M 100,000 shares at $19.19 9.4% of stake
    Traded Mar 4–5 Filed Mar 6
  13. Rafael Amado See Remarks
    Planned sale
    $174K 10,000 shares at $17.38 19% of stake
    Traded Mar 3 Filed Mar 5
  14. Frazor Titus Edmondson III Chief Legal Officer
    Planned sale
    $148K 8,651 shares at $17.14 31% of stake
    Traded Dec 16, 2025 Filed Dec 18, 2025
  15. Frazor Titus Edmondson III Chief Legal Officer
    Planned sale
    $283K 14,328 shares at $19.78 34% of stake
    Traded Nov 21, 2025 Filed Nov 25, 2025

Also filed in the last 12 months, not counted as buying or selling: 39 option exercises, 21 sales to cover taxes, 8 stock grants, 6 share withholdings for taxes, and 5 gifts.

SEC filings

Recent issuer filings from EDGAR, 10 shown.

Filed Form Detail Links
8-K 1.01,3.02,7.01,8.01,9.01
8-K 2.02,9.01
10-Q
8-K 5.07
SCHEDULE 13G —
8-K 5.02
8-K 2.02,9.01
10-Q
DEF 14A
DEFA14A

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Revenue $266.72M $397.61M $457.18M
Gross profit * $170.9M — —
Gross margin * 64.1% — —
Net income -$334.62M -$257.1M -$175.54M
Net margin * -125.5% -64.7% -38.4%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $0.94B $1.05B $1.02B
Total non-current assets * $96.69M $135.27M $153.1M
Total assets $1.04B $1.19B $1.17B
Total current liabilities $203.07M $299.38M $416.17M
Total non-current liabilities * $37.11M $45.47M $40.72M
Total equity $796.12M $840.9M $715.5M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations -$198.18M -$214.87M -$150.79M
Cash from investing -$10.78M -$375.19M $307.87M
Cash from financing -$6.43M $349.89M $72.35M
Net change in cash -$218.01M -$240.48M $229.91M

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.