Zhihu
45 hedge funds and large institutions have $78.6M invested in Zhihu in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 11 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 4.4% → 4.13% (-0.27%)
6% less call options, than puts
Call options by funds: $51K | Put options by funds: $54K
6% less funds holding
Funds holding: 48 → 45 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
44% less capital invested
Capital invested by funds: $141M → $78.6M (-$62.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.92M |
| 3 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$1.98M |
| 4 |
Jane Street
New York
|
+$1.28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
-$19.8M |
| 2 |
Morgan Stanley
New York
|
-$3.8M |
| 3 |
KFA
Krane Funds Advisors
New York
|
-$3.05M |
| 4 |
FC
Franchise Capital
Grand Cayman,
Cayman Islands
|
-$1.18M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$940K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
51
Schonfeld Strategic Advisors
New York
| – | -$80K | -7,465 | Closed |
|
|
QC
52
Quadrature Capital
London,
United Kingdom
| – | -$43K | -3,992 | Closed |
|
|
QT
53
Quantbot Technologies
New York
| – | -$31K | -2,913 | Closed |
|
|
BCM
54
Bluefin Capital Management
New York
| – | -$31K | -2,867 | Closed |
|
55
JP Morgan Chase
New York
| – | +$404 | +50 | New |
|
ZH Hedge Fund Activity: Q3 2022 in Review
45 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q3 2022, worth a combined $78.6M — down 44% from $141M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ZH and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Goldman Sachs, adding an estimated $11.2M. The largest seller was Yiheng Capital Management, cutting an estimated $19.8M.
- 45 institutional investors held Zhihu (ZH) as of Q3 2022, down from 48 in Q2 2022.
- Funds reported $78.6M of Zhihu stock for Q3 2022, down 44% quarter-over-quarter.
- 8 funds opened new Zhihu positions in Q3 2022 and 11 closed out, a net change of -3 holders.
- The largest Zhihu buyer in Q3 2022 was Goldman Sachs, an estimated $11.2M added.
- The largest Zhihu seller in Q3 2022 was Yiheng Capital Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2022.