Kanzhun
248 hedge funds and large institutions have $5.7B invested in Kanzhun in 2025 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 93 increasing their positions, 76 reducing their positions, and 32 closing their positions.
200% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $8.08M
78% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 32
55% more capital invested
Capital invested by funds: $3.69B → $5.7B (+$2.01B)
22% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 76
20.59% more ownership
Funds ownership: 61.58% → 82.16% (+21%)
10% more funds holding
Funds holding: 226 → 248 (+22)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$270M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$146M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$83.2M |
| 4 |
CCM
CoreView Capital Management
Hong Kong
|
+$67.1M |
| 5 |
KFA
Krane Funds Advisors
New York
|
+$64.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Brilliance Asset Management
Admiralty, Hong Kong,
Hong Kong
|
-$89.1M |
| 2 |
HH
HSG Holding
Na,
Hong Kong
|
-$88.8M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$55.7M |
| 4 |
JP Morgan Chase
New York
|
-$49.5M |
| 5 |
HM
HCEP Management
Hong Kong
|
-$41.4M |
BZ Hedge Fund Activity: Q1 2025 in Review
248 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q1 2025, worth a combined $5.7B — up 55% from $3.69B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BZ positions and 32 closed out — a net gain of 25 holders — while 93 added to existing stakes and 76 trimmed.
The largest buyer was Capital World Investors, adding an estimated $270M. The largest seller was Brilliance Asset Management, cutting an estimated $89.1M.
- 248 institutional investors held Kanzhun (BZ) as of Q1 2025, up from 226 in Q4 2024.
- Funds reported $5.7B of Kanzhun stock for Q1 2025, up 55% quarter-over-quarter.
- 57 funds opened new Kanzhun positions in Q1 2025 and 32 closed out, a net change of +25 holders.
- The largest Kanzhun buyer in Q1 2025 was Capital World Investors, an estimated $270M added.
- The largest Kanzhun seller in Q1 2025 was Brilliance Asset Management, an estimated $89.1M sold.
Based on aggregated 13F filings for Q1 2025.