TAL Education Group (TAL) shareholders
TALNYSEServices-Educational Services
$10.28+0.33 (+3.32%)
Close on Nov 13, 2026Market cap $5.69BP/E 11.2Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
253M of 135M shares
Institutional holders
236
45 new, 32 sold out
Net institutional buying
27M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $1.24M
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TAL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 23,137,168 | 17.10% | $221.42M | −3,699,989 | 0.00% |
| UBS Asset Management Americas Inc | 20,707,024 | 15.30% | $198.17M | +20,704,410 | 0.04% |
| Krane Funds Advisors LLC | 17,323,005 | 12.80% | $165.78M | −1,656,039 | 5.88% |
| Robeco Institutional Asset Management B.V. | 14,743,438 | 10.89% | $141.09M | +3,993,360 | 0.17% |
| Morgan Stanley | 13,396,879 | 9.90% | $128.21M | +451,328 | 0.01% |
| CoreView Capital Management Ltd | 11,221,069 | 8.29% | $107.39M | +223,904 | 19.63% |
| Vanguard Capital Management LLC | 9,961,984 | 7.36% | $95.34M | −2,933,396 | 0.00% |
| Tiger Pacific Capital LP | 7,977,772 | 5.90% | $76.35M | – | 34.98% |
| Arrowstreet Capital, Limited Partnership | 7,606,512 | 5.62% | $72.79M | +211,078 | 0.03% |
| State Street Corp | 7,527,721 | 5.56% | $72.04M | −177,799 | 0.00% |
| Goldman Sachs Group Inc | 6,748,256 | 4.99% | $64.58M | +908,557 | 0.01% |
| Acadian Asset Management LLC | 6,563,978 | 4.85% | $62.79M | −907,918 | 0.07% |
| Point72 Asset Management, L.P. | 6,559,258 | 4.85% | $62.77M | +4,896,147 | 0.07% |
| Bank Of America Corp /De/ | 6,036,304 | 4.46% | $57.77M | −260,191 | 0.00% |
| Connor, Clark & Lunn Investment Management Ltd. | 5,203,572 | 3.85% | $49.80M | +1,772,077 | 0.09% |
| Capitolis Liquid Global Markets LLC | 4,862,300 | 3.59% | $46.53M | +1,672,400 | 0.20% |
| Serenity Capital Management Pte. Ltd. | 4,730,377 | 3.50% | $45.27M | – | 13.65% |
| Geode Capital Management, LLC | 4,250,283 | 3.14% | $40.50M | +1,580,686 | 0.00% |
| Causeway Capital Management LLC | 4,125,430 | 3.05% | $39.48M | +647,013 | 0.43% |
| Norges Bank | 4,073,516 | 3.01% | $38.98M | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 236 | 253M | 100.0% | 45 / 70 | 99 / 32 | 54M | 27M |
| Q1 2026 | 226 | 226M | 100.0% | 47 / 87 | 62 / 28 | 61M | 66M |
| Q4 2025 | 212 | 254M | 100.0% | 31 / 78 | 60 / 28 | 46M | 34M |
| Q3 2025 | 212 | 241M | 100.0% | 36 / 78 | 58 / 34 | 39M | 61M |
| Q2 2025 | 211 | 265M | 100.0% | 27 / 67 | 86 / 63 | 28M | 69M |
| Q1 2025 | 252 | 308M | 100.0% | 52 / 101 | 70 / 30 | 78M | 51M |
| Q4 2024 | 233 | 282M | 100.0% | 40 / 83 | 71 / 44 | 43M | 43M |
| Q3 2024 | 237 | 281M | 100.0% | 34 / 70 | 95 / 39 | 85M | 42M |
| Q2 2024 | 243 | 258M | 100.0% | 34 / 80 | 88 / 29 | 43M | 73M |
| Q1 2024 | 243 | 290M | 100.0% | 54 / 74 | 83 / 32 | 68M | 32M |
| Q4 2023 | 222 | 254M | 100.0% | 55 / 67 | 63 / 26 | 47M | 34M |
| Q3 2023 | 195 | 240M | 100.0% | 37 / 46 | 70 / 31 | 33M | 30M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
96 funds held TAL in Q2 2026, 62% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of TAL | Value | % of fund | As of |
|---|---|---|---|---|---|
| KraneShares CSI China Internet ETF | 15,268,640 | 11.28% | $146.12M | 2.98% | Jun 30, 2026 |
| Aegis Value Fund | 4,805,885 | 3.55% | $1.08M | 0.14% | Jun 30, 2026 |
| iShares Core MSCI Emerging Markets ETF | 4,630,797 | 3.42% | $44.97M | 0.03% | May 31, 2026 |
| Vanguard Total International Stock Index Fund | 4,561,051 | 3.37% | $57.01M | 0.01% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 4,372,654 | 3.23% | $54.66M | 0.03% | Jul 31, 2026 |
| Avantis International Small Cap Value ETF | 4,226,570 | 3.12% | $1.29M | 0.01% | May 31, 2026 |
| Fidelity SAI Emerging Markets Value Index Fund | 1,887,661 | 1.39% | $23.60M | 0.20% | Jul 31, 2026 |
| Causeway Emerging Markets Fund | 1,712,563 | 1.27% | $16.39M | 0.39% | Jun 30, 2026 |
| Fidelity Emerging Markets Discovery Fund | 1,088,170 | 0.80% | $13.60M | 0.91% | Jul 31, 2026 |
| iShares MSCI China ETF | 1,001,052 | 0.74% | $9.72M | 0.15% | May 31, 2026 |
| iShares MSCI Emerging Markets ETF | 983,820 | 0.73% | $9.55M | 0.03% | May 31, 2026 |
| Vanguard Ftse All-World Ex-US Index Fund | 766,814 | 0.57% | $9.59M | 0.01% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio Emerging Markets ETF | 678,619 | 0.50% | $6.49M | 0.04% | Jun 30, 2026 |
| Fidelity Series Global ex U.S. Index Fund | 663,814 | 0.49% | $8.30M | 0.01% | Jul 31, 2026 |
| iShares ESG Aware MSCI EM ETF | 577,366 | 0.43% | $5.61M | 0.08% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Yachao Liu | See Remarks, Director | 6,118,540 | 4.52% | Apr 28, 2026 |
| Bangxin Zhang | See Remarks, Director, 10% owner | 46,765,564 | 34.56% | Mar 18, 2026 |
| Alex Zhuangzhuang Peng | See Remarks | 251,207 | 0.19% | Nov 12, 2026 |
| Mi Tian | Chief Technology Officer | 190,672 | 0.14% | Mar 18, 2026 |
| Kaifu Zhang | Director | 64,892 | 0.05% | Oct 28, 2026 |
| Edward Yi WANG | Director | 9,866 | 0.01% | Apr 28, 2026 |
| Yan Feng | Director | 56,626 | 0.04% | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Alex Zhuangzhuang Peng See Remarks | Nov 9, 2026 | Tax withholding | −193,567 | $10.16 | $1.97M | 251,207 |
| Alex Zhuangzhuang Peng See Remarks | Nov 9, 2026 | Option exercise | +429,630 | $0.01 | $4.30K | 444,774 |
| Kaifu Zhang Director | Oct 26, 2026 | Tax withholding | −4,248 | $10.24 | $43.50K | 64,892 |
| Kaifu Zhang Director | Oct 26, 2026 | Option exercise | +15,300 | – | – | 69,140 |
| Alex Zhuangzhuang Peng See Remarks | Aug 3, 2026 | Sale | −30,000 | $12.28 | $368.40K | 15,144 |
| Yachao Liu See Remarks, Director | Apr 27, 2026 | Tax withholding | −18,967 | $10.80 | $204.84K | 243,540 |
| Alex Zhuangzhuang Peng See Remarks | Apr 27, 2026 | Sale | −80,000 | $10.86 | $868.80K | 45,144 |
| Alex Zhuangzhuang Peng See Remarks | Apr 27, 2026 | Tax withholding | −15,659 | $10.80 | $169.12K | 125,144 |
| Edward Yi WANG Director | Apr 27, 2026 | Tax withholding | −4,276 | $10.80 | $46.18K | 9,866 |
| Yachao Liu See Remarks, Director | Apr 26, 2026 | Option exercise | +39,672 | – | – | 262,507 |
| Alex Zhuangzhuang Peng See Remarks | Apr 26, 2026 | Option exercise | +7,590 | – | – | 140,803 |
| Alex Zhuangzhuang Peng See Remarks | Apr 26, 2026 | Option exercise | +30,360 | – | – | 133,213 |
| Edward Yi WANG Director | Apr 26, 2026 | Option exercise | +14,142 | – | – | 14,142 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
20M shares short
Days to cover
3.3
At 6M shares a day
Change since last report
-3.7%
From 21M shares
Short volume, 20 days
43.8%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of TAL Education's stock actually held short. Settlement fails (shares not delivered on time) peaked at 45,484 shares on Sep 1, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Alex Zhuangzhuang Peng Officer, PRESIDENT AND CHIEF FINANCIAL OFFICER | Aug 3, 2026 | 30,000 | $375.00K | Aug 3, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Yachao Liu Director, DIRECTOR AND CHIEF OPERATING OFFICER | Apr 27, 2026 | 18,967 | $213.19K | Apr 27, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Edward Yi WANG Director | Apr 27, 2026 | 4,276 | $48.06K | Apr 27, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Alex Zhuangzhuang Peng Officer, PRESIDENT AND CHIEF FINANCIAL OFFICER | Apr 27, 2026 | 95,659 | $1.08M | Apr 27, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Mi Tian Officer, FORMER CHIEF TECHNOLOGY OFFICER | Apr 27, 2026 | 80,503 | $904.85K | Apr 27, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Mi Tian Officer, CHIEF TECHNOLOGY OFFICER | Feb 2, 2026 | 132,275 | $1.68M | Feb 2, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Alex Zhuangzhuang Peng Officer, PRESIDENT AND CHIEF FINANCIAL OFFICER | Feb 2, 2026 | 25,000 | $317.50K | Feb 2, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Yachao Liu Director, DIRECTOR AND CHIEF OPERATING OFFICER | Feb 2, 2026 | 14,602 | $185.45K | Feb 2, 2026 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Alex Zhuangzhuang Peng Officer, PRESIDENT CFO | Oct 27, 2025 | 15,294 | $192.70K | Oct 27, 2025 | ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN |
| Kaifu Zhang Director, INDEPENDENT DIRECTOR | Oct 27, 2025 | 5,155 | $64.95K | Oct 27, 2025 | ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN |
| Mi Tian Officer, CTO | Aug 25, 2025 | 53,655 | $583.23K | Aug 25, 2025 | UNDER COMPANY SHARE INCENTIVE PLAN |
| Yachao Liu Officer, COO | Apr 28, 2025 | 25,303 | $231.78K | Apr 28, 2025 | ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN |
| Yan Feng Director, INDEPENDENT DIRECTOR | Apr 28, 2025 | 11,409 | $104.51K | Apr 28, 2025 | ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN |
| Alex Zhuangzhuang Peng Officer, PRESIDENT AND CFO | Apr 28, 2025 | 15,938 | $145.99K | Apr 28, 2025 | ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN |
| Yachao Liu Officer, COO | Jan 27, 2025 | 24,041 | $281.04K | Jan 27, 2025 | ACQUIRED STOCKK UNDER COMPANY SHARE INENTIVE PLAN |
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