National Bank of Canada
ZH

National Bank of Canada’s Zhihu ZH Stock Holding History

National Bank of Canada’s Portfolio ZH Stock Details ZH Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-84,400
Closed -$428K – 3181
2025
Q3 		$428K Sell
84,400
-1
-0% -$5 ﹤0.01% 1380
2025
Q2 		$336K Sell
84,401
-116,500
-58% -$452K ﹤0.01% 1490
2025
Q1 		$858K Buy
200,901
+200,900
+20,090,000% +$875K ﹤0.01% 1221
2024
Q4 		$4 Hold
1
– – ﹤0.01% 2899
2024
Q3 		$4 Buy
+1
New +$3 ﹤0.01% 2719

Other funds holding ZH

Acadian Asset Management
Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return
MICM
Matthews International Capital Management San Francisco, California $292M AUM 75.01% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
EFMH
E Fund Management (HK) Central, Hong Kong $302M AUM 64.42% 1-Year Est. Return
Arrowstreet Capital
Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return
MS
Maven Securities St Helier, Jersey $5.2B AUM 44.01% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

National Bank of Canada's ZH Position: Q4 2025 in Review

National Bank of Canada sold out of Zhihu (ZH) in Q4 2025, closing a stake of 84,400 shares — an estimated $428K sold.

National Bank of Canada first reported a position in ZH in Q3 2024 and held it in 5 quarters. The position peaked at $858K in Q1 2025. 52 funds tracked by Wall St. Rank hold ZH as of Q4 2025.

  • National Bank of Canada reported no remaining Zhihu position as of Q4 2025 after selling out during the quarter.
  • National Bank of Canada sold 84,400 Zhihu shares in Q4 2025, an estimated $428K.
  • National Bank of Canada first reported a position in Zhihu in Q3 2024 and held it in 5 quarters.
  • National Bank of Canada's Zhihu position peaked at $858K in Q1 2025.
  • 52 funds tracked by Wall St. Rank held Zhihu as of Q4 2025.

Based on National Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.