Zhihu
54 hedge funds and large institutions have $515M invested in Zhihu in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
27% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $5.49M
25% more capital invested
Capital invested by funds: $413M → $515M (+$102M)
15% more funds holding
Funds holding: 47 → 54 (+7)
1.61% more ownership
Funds ownership: 1.97% → 3.59% (+1.6%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Anatole Investment Management
Central,
Hong Kong
|
+$134M |
| 2 |
KFA
Krane Funds Advisors
New York
|
+$46.8M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$38M |
| 4 |
FC
Franchise Capital
Grand Cayman,
Cayman Islands
|
+$35.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$39.4M |
| 2 |
PAEMF
Panview Asian Equity Master Fund
Central,
Hong Kong
|
-$14.8M |
| 3 |
Blackstone Inc
New York
|
-$13.7M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$10.1M |
| 5 |
LCG
Luxor Capital Group
New York
|
-$6.84M |
ZH Hedge Fund Activity: Q3 2021 in Review
54 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q3 2021, worth a combined $515M — up 25% from $413M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ZH positions and 14 closed out — a net gain of 9 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Anatole Investment Management, adding an estimated $134M. The largest seller was BlackRock, cutting an estimated $39.4M.
- 54 institutional investors held Zhihu (ZH) as of Q3 2021, up from 47 in Q2 2021.
- Funds reported $515M of Zhihu stock for Q3 2021, up 25% quarter-over-quarter.
- 23 funds opened new Zhihu positions in Q3 2021 and 14 closed out, a net change of +9 holders.
- The largest Zhihu buyer in Q3 2021 was Anatole Investment Management, an estimated $134M added.
- The largest Zhihu seller in Q3 2021 was BlackRock, an estimated $39.4M sold.
Based on aggregated 13F filings for Q3 2021.