Kanzhun
204 hedge funds and large institutions have $4.25B invested in Kanzhun in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 81 increasing their positions, 64 reducing their positions, and 26 closing their positions.
79% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $9.8M
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
49% more capital inflows, than outflows
Capital inflows: $602M | Capital outflows: $403M
27% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 64
6% more funds holding
Funds holding: 192 → 204 (+12)
3.38% more ownership
Funds ownership: 51.87% → 55.25% (+3.4%)
40% less funds holding in top 10
Funds holding in top 10: 20 → 12 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dragoneer Investment Group
San Francisco,
California
|
+$83.2M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$76.7M |
| 3 |
Morgan Stanley
New York
|
+$37.5M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$32.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$29.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Pacific Capital
New York
|
-$33M |
| 2 |
Arisaig Partners (Asia)
Singapore
|
-$31.5M |
| 3 |
JP Morgan Chase
New York
|
-$29.7M |
| 4 |
Goldman Sachs
New York
|
-$28.7M |
| 5 |
Hel Ved Capital Management
Central,
Hong Kong
|
-$25M |
BZ Hedge Fund Activity: Q1 2024 in Review
204 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q1 2024, worth a combined $4.25B — up 14% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BZ positions and 26 closed out — a net gain of 15 holders — while 81 added to existing stakes and 64 trimmed.
The largest buyer was Dragoneer Investment Group, adding an estimated $83.2M. The largest seller was Tiger Pacific Capital, cutting an estimated $33M.
- 204 institutional investors held Kanzhun (BZ) as of Q1 2024, up from 192 in Q4 2023.
- Funds reported $4.25B of Kanzhun stock for Q1 2024, up 14% quarter-over-quarter.
- 41 funds opened new Kanzhun positions in Q1 2024 and 26 closed out, a net change of +15 holders.
- The largest Kanzhun buyer in Q1 2024 was Dragoneer Investment Group, an estimated $83.2M added.
- The largest Kanzhun seller in Q1 2024 was Tiger Pacific Capital, an estimated $33M sold.
Based on aggregated 13F filings for Q1 2024.