Norges Bank’s Zhihu ZH Stock Holding History

Norges Bank’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
2026 Q1	–	Sell	-244,633	Closed	-$802K	–	1455
2025 Q4	$802K	Buy	+244,633	New	+$980K	﹤0.01%	1532
2025 Q3	–	Sell	-1,518,027	Closed	-$6.04M	–	1620
2025 Q2	$6.04M	Hold	1,518,027	–	–	﹤0.01%	1317
2025 Q1	$6.48M	Buy	+1,518,027	New	+$6.61M	﹤0.01%	1336
2022 Q2	–	Sell	-98,440	Closed	-$1.43M	–	2180
2022 Q1	$1.43M	Buy	+98,440	New	+$2.11M	﹤0.01%	2017
2021 Q4	–	Sell	-63,898	Closed	-$3.54M	–	2307
2021 Q3	$3.54M	Sell	63,898 -27,398	-30%	-$1.65M	﹤0.01%	1974
2021 Q2	$7.43M	Sell	91,296 -75,371	-45%	-$4.31M	﹤0.01%	1836
2021 Q1	$8.11M	Buy	+166,667	New	+$8.01M	﹤0.01%	1835

Other funds holding ZH

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

EFM

E Fund Management Guangzhou, China $3.37B AUM

EFMH

E Fund Management (HK) Central, Hong Kong $220M AUM 24.63% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

FBIL

First Beijing Investment Ltd Hong Kong $2.32B AUM 8.06% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Maven Securities St Helier, Jersey $5.2B AUM 44.01% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Norges Bank's ZH Position: Q1 2026 in Review

Norges Bank sold out of Zhihu (ZH) in Q1 2026, closing a stake of 244,633 shares — an estimated $802K sold.

Norges Bank first reported a position in ZH in Q1 2021 and held it in 7 quarters. The position peaked at $8.11M in Q1 2021. 48 funds tracked by Wall St. Rank hold ZH as of Q1 2026.

Norges Bank reported no remaining Zhihu position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 244,633 Zhihu shares in Q1 2026, an estimated $802K.
Norges Bank first reported a position in Zhihu in Q1 2021 and held it in 7 quarters.
Norges Bank's Zhihu position peaked at $8.11M in Q1 2021.
48 funds tracked by Wall St. Rank held Zhihu as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.