Kanzhun
176 hedge funds and large institutions have $3.55B invested in Kanzhun in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 34 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 61
2.96% more ownership
Funds ownership: 28.93% → 31.89% (+3%)
4% less funds holding
Funds holding: 184 → 176 (-8)
11% less capital invested
Capital invested by funds: $3.99B → $3.55B (-$440M)
23% less funds holding in top 10
Funds holding in top 10: 22 → 17 (-5)
24% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 34
50% less call options, than puts
Call options by funds: $3.67M | Put options by funds: $7.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$117M |
| 2 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
+$64.1M |
| 3 |
CTEF
Capital Today Evergreen Fund
Grand Cayman,
Cayman Islands
|
+$56.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$55.9M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$47.1M |
| 2 |
TIAM
TT International Asset Management
London,
United Kingdom
|
-$39.2M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$30.8M |
| 4 |
Tiger Global Management
New York
|
-$26.2M |
| 5 |
BlackRock
New York
|
-$25.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
201
Tower Research Capital (TRC)
New York
| – | -$306K | -16,095 | Closed |
|
|
PAM
202
Pinpoint Asset Management
Hong Kong
| – | -$303K | -15,900 | Closed |
|
|
CAIMH
203
Central Asset Investments & Management Holdings
Hong Kong
| – | -$209K | -11,000 | Closed |
|
204
Dimensional Fund Advisors
Austin,
Texas
| – | -$199K | -10,452 | Closed |
|
|
RCG
205
Rock Creek Group
Washington,
District of Columbia
| – | -$88.6K | -4,656 | Closed |
|
|
CG
206
Cutler Group
San Francisco,
California
| – | -$19K | -1,015 | Closed |
|
207
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$15K | -800 | Closed |
|
208
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
| – | -$9.02K | -474 | Closed |
|
|
PA
209
Parallel Advisors
San Francisco,
California
| – | -$304 | -16 | Closed |
|
|
FA
210
Financial Avengers
Oakland,
California
| – | -$95 | -5 | Closed |
|
BZ Hedge Fund Activity: Q2 2023 in Review
176 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q2 2023, worth a combined $3.55B — down 11% from $3.99B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BZ and 26 opened new positions — a net loss of 8 holders — while 61 trimmed existing stakes and 70 added.
The largest buyer was Vanguard Group, adding an estimated $117M. The largest seller was Neuberger Berman Group, cutting an estimated $47.1M.
- 176 institutional investors held Kanzhun (BZ) as of Q2 2023, down from 184 in Q1 2023.
- Funds reported $3.55B of Kanzhun stock for Q2 2023, down 11% quarter-over-quarter.
- 26 funds opened new Kanzhun positions in Q2 2023 and 34 closed out, a net change of -8 holders.
- The largest Kanzhun buyer in Q2 2023 was Vanguard Group, an estimated $117M added.
- The largest Kanzhun seller in Q2 2023 was Neuberger Berman Group, an estimated $47.1M sold.
Based on aggregated 13F filings for Q2 2023.