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262 hedge funds and large institutions have $6.49B invested in Kanzhun in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 123 increasing their positions, 62 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

594% more call options, than puts

Call options by funds: $22.4M | Put options by funds: $3.23M

98% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 62

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

4% more funds holding

Funds holding: 251262 (+11)

0.9% more ownership

Funds ownership: 74.4%75.31% (+0.9%)

9% less capital invested

Capital invested by funds: $7.12B → $6.49B (-$632M)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

Holders
262
Holders Change
+11
Holders Change %
+4.38%
% of All Funds
3.17%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.17%
New
43
Increased
123
Reduced
62
Closed
27
Calls
$22.4M
Puts
$3.23M
Net Calls
+$19.2M
Net Calls Change
-$11.6M

BZ Hedge Fund Activity: Q4 2025 in Review

262 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Kanzhun (BZ) for Q4 2025, worth a combined $6.49B — down 8.9% from $7.12B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new BZ positions and 27 closed out — a net gain of 16 holders — while 123 added to existing stakes and 62 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $89.4M. The largest seller was Capital World Investors, cutting an estimated $131M.

  • 262 institutional investors held Kanzhun (BZ) as of Q4 2025, up from 251 in Q3 2025.
  • Funds reported $6.49B of Kanzhun stock for Q4 2025, down 8.9% quarter-over-quarter.
  • 43 funds opened new Kanzhun positions in Q4 2025 and 27 closed out, a net change of +16 holders.
  • The largest Kanzhun buyer in Q4 2025 was Acadian Asset Management, an estimated $89.4M added.
  • The largest Kanzhun seller in Q4 2025 was Capital World Investors, an estimated $131M sold.

Based on aggregated 13F filings for Q4 2025.