Zhihu
45 hedge funds and large institutions have $93.7M invested in Zhihu in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 13 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
37% more call options, than puts
Call options by funds: $48K | Put options by funds: $35K
13% more capital invested
Capital invested by funds: $83.1M → $93.7M (+$10.6M)
0.9% more ownership
Funds ownership: 4.11% → 5.02% (+0.9%)
4% less funds holding
Funds holding: 47 → 45 (-2)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
| 2 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$12.2M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.16M |
| 4 |
Goldman Sachs
New York
|
+$889K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHK
Point72 Hong Kong
Hong Kong
|
-$7.75M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.11M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$917K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$511K |
| 5 |
Morgan Stanley
New York
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Point72 Asset Management
Stamford,
Connecticut
| – | -$397K | -58,600 | Closed |
|
|
GCP
52
GSA Capital Partners
London,
United Kingdom
| – | -$106K | -15,664 | Closed |
|
|
CSS
53
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$63.9K | -9,424 | Closed |
|
54
BlackRock
New York
| – | -$48.7K | -7,181 | Closed |
|
|
VIA
55
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$46.2K | -6,810 | Closed |
|
56
UBS AM
Chicago,
Illinois
| – | -$36.5K | -4,789 | Closed |
|
|
BJL
57
Brighton Jones LLC
Seattle,
Washington
| – | -$11.3K | -1,667 | Closed |
|
|
RI
58
Ridgewood Investments
Springfield,
New Jersey
| – | -$4.52K | -667 | Closed |
|
|
FFA
59
Farther Finance Advisors
San Francisco,
California
| – | -$57 | -8 | Closed |
|
ZH Hedge Fund Activity: Q3 2023 in Review
45 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q3 2023, worth a combined $93.7M — up 13% from $83.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ZH and 11 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 16 added.
The largest buyer was Vanguard Group, adding an estimated $13.2M. The largest seller was Point72 Hong Kong, exiting entirely with an estimated $7.75M sold.
- 45 institutional investors held Zhihu (ZH) as of Q3 2023, down from 47 in Q2 2023.
- Funds reported $93.7M of Zhihu stock for Q3 2023, up 13% quarter-over-quarter.
- 11 funds opened new Zhihu positions in Q3 2023 and 13 closed out, a net change of -2 holders.
- The largest Zhihu buyer in Q3 2023 was Vanguard Group, an estimated $13.2M added.
- The largest Zhihu seller in Q3 2023 was Point72 Hong Kong, an estimated $7.75M sold.
Based on aggregated 13F filings for Q3 2023.