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233 hedge funds and large institutions have $5.24B invested in Kanzhun in 2025 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 107 increasing their positions, 74 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $11.1M | Put options by funds: $5.09M

45% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 74

36.2% more ownership

Funds ownership: 39.27%75.48% (+36%)

6% less funds holding

Funds holding: 248233 (-15)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

14% less capital invested

Capital invested by funds: $6.11B → $5.24B (-$865M)

29% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 38

Holders
233
Holders Change
-15
Holders Change %
-6.05%
% of All Funds
3.07%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.21%
New
27
Increased
107
Reduced
74
Closed
38
Calls
$11.1M
Puts
$5.09M
Net Calls
+$6.05M
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SG
251
StepStone Group
California
-$2.03M -105,645 Closed
Two Sigma Investments
252
Two Sigma Investments
New York
-$1.95M -101,764 Closed
ASP
253
Adams Street Partners
Illinois
-$1.67M -87,157 Closed
ADEF
254
ABS Direct Equity Fund
Connecticut
-$929K -48,453 Closed
IUHSA
255
Itau Unibanco Holding S.A.
Brazil
-$660K -34,422 Closed
ASM
256
AI-Squared Management
Hong Kong
-$531K -27,700 Closed
Walleye Capital
257
Walleye Capital
New York
-$378K -19,725 Closed
QC
258
Quadrature Capital
United Kingdom
-$366K -19,084 Closed
Walleye Trading
259
Walleye Trading
New York
-$271K -16,156 Closed
BCM
260
Bayesian Capital Management
New York
-$293K -15,300 Closed
CM
261
Caption Management
Oklahoma
-$288K -15,000 Closed
NEI
262
Northwest & Ethical Investments
Ontario, Canada
-$282K -14,699 Closed
TC
263
TownSquare Capital
Utah
-$212K -11,084 Closed
BCI
264
Brinker Capital Investments
Pennsylvania
-$199K -10,390 Closed
CF
265
Corebridge Financial
Texas
-$58.3K -3,040 Closed
QCG
266
Quadrant Capital Group
Ohio
-$34.1K -1,781 Closed
CCM
267
Coldstream Capital Management
Washington
-$15.3K -798 Closed
SSG
268
Summit Securities Group
New York
-$2.82K -147 Closed
CA
269
Continuum Advisory
Idaho
-$2.05K -107 Closed
RS
270
Rakuten Securities
Japan
-$575 -30 Closed
SS
271
SBI Securities
Japan
-$115 -6 Closed

BZ Hedge Fund Activity: Q2 2025 in Review

233 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q2 2025, worth a combined $5.24B — down 14% from $6.11B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of BZ and 27 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 107 added.

The largest buyer was Capital World Investors, adding an estimated $191M. The largest seller was UBS AM, cutting an estimated $147M.

  • 233 institutional investors held Kanzhun (BZ) as of Q2 2025, down from 248 in Q1 2025.
  • Funds reported $5.24B of Kanzhun stock for Q2 2025, down 14% quarter-over-quarter.
  • 27 funds opened new Kanzhun positions in Q2 2025 and 38 closed out, a net change of -11 holders.
  • The largest Kanzhun buyer in Q2 2025 was Capital World Investors, an estimated $191M added.
  • The largest Kanzhun seller in Q2 2025 was UBS AM, an estimated $147M sold.

Based on aggregated 13F filings for Q2 2025.