Kanzhun
251 hedge funds and large institutions have $7.12B invested in Kanzhun in 2025 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 112 increasing their positions, 64 reducing their positions, and 33 closing their positions.
831% more call options, than puts
Call options by funds: $34.5M | Put options by funds: $3.71M
75% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 64
61% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 33
36% more capital invested
Capital invested by funds: $5.24B → $7.12B (+$1.88B)
8% more funds holding
Funds holding: 233 → 251 (+18)
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
1.07% less ownership
Funds ownership: 75.48% → 74.4% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$115M |
| 2 |
BlackRock
New York
|
+$90.6M |
| 3 |
KFA
Krane Funds Advisors
New York
|
+$82M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$71.4M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$166M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$69.2M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$48M |
| 4 |
JP Morgan Chase
New York
|
-$41.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.3M |
BZ Hedge Fund Activity: Q3 2025 in Review
251 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q3 2025, worth a combined $7.12B — up 36% from $5.24B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BZ positions and 33 closed out — a net gain of 20 holders — while 112 added to existing stakes and 64 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $115M. The largest seller was Capital World Investors, cutting an estimated $166M.
- 251 institutional investors held Kanzhun (BZ) as of Q3 2025, up from 233 in Q2 2025.
- Funds reported $7.12B of Kanzhun stock for Q3 2025, up 36% quarter-over-quarter.
- 53 funds opened new Kanzhun positions in Q3 2025 and 33 closed out, a net change of +20 holders.
- The largest Kanzhun buyer in Q3 2025 was Baillie Gifford & Co, an estimated $115M added.
- The largest Kanzhun seller in Q3 2025 was Capital World Investors, an estimated $166M sold.
Based on aggregated 13F filings for Q3 2025.