ZH

Zhihu

55 hedge funds and large institutions have $90.5M invested in Zhihu in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

more capital invested

Capital invested by funds: $ → $

less ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

72% less call options, than puts

Call options by funds: $645K | Put options by funds: $2.29M

Holders
55
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$645K
Puts
$2.29M
Net Calls
Net Calls Change

Top Buyers

1 +$6.82M
2 +$2.39M
3 +$2.32M
4
Goldman Sachs
Goldman Sachs
New York
+$2.16M
5
MS
Maven Securities
Jersey
+$1.38M

Top Sellers

1 -$5.43M
2 -$3.2M
3 -$1.21M
4
Bank of America
Bank of America
North Carolina
-$618K
5
Walleye Capital
Walleye Capital
New York
-$512K