Zhihu
58 hedge funds and large institutions have $103M invested in Zhihu in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 12 closing their positions.
48% more call options, than puts
Call options by funds: $95K | Put options by funds: $64K
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
29% more capital invested
Capital invested by funds: $80.3M → $103M (+$23.2M)
9% more funds holding
Funds holding: 53 → 58 (+5)
1.1% more ownership
Funds ownership: 3.44% → 4.54% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHK
Point72 Hong Kong
Hong Kong
|
+$18.5M |
| 2 |
Goldman Sachs
New York
|
+$9.32M |
| 3 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$6.49M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.98M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
-$2.45M |
| 2 |
Jane Street
New York
|
-$2.16M |
| 3 |
HF
HRT Financial
New York
|
-$1.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.49M |
| 5 |
CG
Carmignac Gestion
Paris,
France
|
-$1.42M |
ZH Hedge Fund Activity: Q1 2023 in Review
58 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q1 2023, worth a combined $103M — up 29% from $80.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ZH positions and 12 closed out — a net gain of 5 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Point72 Hong Kong, opening a new position worth an estimated $18.5M. The largest seller was Barings, exiting entirely with an estimated $2.45M sold.
- 58 institutional investors held Zhihu (ZH) as of Q1 2023, up from 53 in Q4 2022.
- Funds reported $103M of Zhihu stock for Q1 2023, up 29% quarter-over-quarter.
- 17 funds opened new Zhihu positions in Q1 2023 and 12 closed out, a net change of +5 holders.
- The largest Zhihu buyer in Q1 2023 was Point72 Hong Kong, an estimated $18.5M added.
- The largest Zhihu seller in Q1 2023 was Barings, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2023.