Zhihu
48 hedge funds and large institutions have $141M invested in Zhihu in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 10 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
28% more call options, than puts
Call options by funds: $213K | Put options by funds: $166K
7% more funds holding
Funds holding: 45 → 48 (+3)
0.08% less ownership
Funds ownership: 4.48% → 4.4% (-0.08%)
17% less capital invested
Capital invested by funds: $170M → $141M (-$28.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$11.3M |
| 2 |
KFA
Krane Funds Advisors
New York
|
+$11M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.66M |
| 4 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$4.82M |
| 5 |
EFM
E Fund Management
Guangzhou,
China
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Franchise Capital
Grand Cayman,
Cayman Islands
|
-$9.88M |
| 2 |
Goldman Sachs
New York
|
-$7.37M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.11M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$1.84M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
First Trust Advisors
Wheaton,
Illinois
| – | -$246K | -16,914 | Closed |
|
52
Jane Street
New York
| – | -$116K | -10,760 | Closed |
|
|
MAM
53
Must Asset Management
Seoul,
South Korea
| – | -$166K | -10,519 | Closed |
|
54
Wolverine Trading
Chicago,
Illinois
| – | -$53K | -3,316 | Closed |
|
55
Balyasny Asset Management
Chicago,
Illinois
| – | -$29K | -2,007 | Closed |
|
|
DS
56
DRW Securities
Chicago,
Illinois
| – | -$27K | -1,872 | Closed |
|
|
AWS
57
AJ Wealth Strategies
New York
| – | -$25K | -1,708 | Closed |
|
58
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -69 | Closed |
|
ZH Hedge Fund Activity: Q2 2022 in Review
48 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q2 2022, worth a combined $141M — down 17% from $170M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ZH positions and 10 closed out — a net gain of 3 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Yiheng Capital Management, adding an estimated $11.3M. The largest seller was Franchise Capital, cutting an estimated $9.88M.
- 48 institutional investors held Zhihu (ZH) as of Q2 2022, up from 45 in Q1 2022.
- Funds reported $141M of Zhihu stock for Q2 2022, down 17% quarter-over-quarter.
- 13 funds opened new Zhihu positions in Q2 2022 and 10 closed out, a net change of +3 holders.
- The largest Zhihu buyer in Q2 2022 was Yiheng Capital Management, an estimated $11.3M added.
- The largest Zhihu seller in Q2 2022 was Franchise Capital, an estimated $9.88M sold.
Based on aggregated 13F filings for Q2 2022.