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ZH

Zhihu

47 hedge funds and large institutions have $83.1M invested in Zhihu in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $62K | Put options by funds: $43K

0.42% less ownership

Funds ownership: 4.54%4.11% (-0.42%)

19% less funds holding

Funds holding: 5847 (-11)

20% less capital invested

Capital invested by funds: $103M → $83.1M (-$20.4M)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

61% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
47
Holders Change
-11
Holders Change %
-18.97%
% of All Funds
0.74%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
10
Reduced
13
Closed
18
Calls
$62K
Puts
$43K
Net Calls
+$19K
Net Calls Change
-$12K
Name Holding Trade Value Shares
Change
Change in
Stake
MICM
1
Matthews International Capital Management
California
$16.4M +$5.92M +901,708 +59%
Goldman Sachs
2
Goldman Sachs
New York
$15.5M +$105K +15,982 +0.7%
Bank of America
3
Bank of America
North Carolina
$8.1M
PHK
4
Point72 Hong Kong
Hong Kong
$7.75M -$5.59M -850,842 -43%
Vanguard Group
5
Vanguard Group
Pennsylvania
$6.69M +$52.2K +7,949 +0.8%
UBS Group
6
UBS Group
Switzerland
$6.27M +$152K +23,184 +3%
Morgan Stanley
7
Morgan Stanley
New York
$5.39M +$115K +17,531 +2%
YCM
8
Yiheng Capital Management
California
$4.09M
State Street
9
State Street
Massachusetts
$4.02M +$479K +72,912 +14%
Jane Street
10
Jane Street
New York
$2.02M -$178K -27,170 -8%
Canada Pension Plan Investment Board
11
Canada Pension Plan Investment Board
Ontario, Canada
$1.11M +$1.08M +163,858 New
Marshall Wace
12
Marshall Wace
United Kingdom
$917K -$345K -52,462 -28%
Two Sigma Investments
13
Two Sigma Investments
New York
$626K -$184K -28,056 -23%
Renaissance Technologies
14
Renaissance Technologies
New York
$604K -$782K -119,067 -57%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$511K +$470K +71,519 +1,750%
JAMONY
16
Jacob Asset Management of New York
California
$442K +$429K +65,250 New
Nomura Holdings
17
Nomura Holdings
Japan
$433K
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$397K -$2.44M -371,067 -86%
IEFM
19
IQ EQ Fund Management
Ireland
$329K -$17K -2,593 -5%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$299K
Invesco
21
Invesco
Georgia
$293K +$284K +43,199 New
CWM
22
Cedar Wealth Management
California
$135K
GCP
23
GSA Capital Partners
United Kingdom
$106K -$232K -35,348 -69%
CSS
24
Cubist Systematic Strategies
Connecticut
$63.9K -$48.1K -7,318 -44%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$62K +$20.6K +3,133 +52%

ZH Hedge Fund Activity: Q2 2023 in Review

47 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Zhihu (ZH) for Q2 2023, worth a combined $83.1M — down 20% from $103M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of ZH and 7 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 10 added.

The largest buyer was Matthews International Capital Management, adding an estimated $5.92M. The largest seller was Point72 Hong Kong, cutting an estimated $5.59M.

  • 47 institutional investors held Zhihu (ZH) as of Q2 2023, down from 58 in Q1 2023.
  • Funds reported $83.1M of Zhihu stock for Q2 2023, down 20% quarter-over-quarter.
  • 7 funds opened new Zhihu positions in Q2 2023 and 18 closed out, a net change of -11 holders.
  • The largest Zhihu buyer in Q2 2023 was Matthews International Capital Management, an estimated $5.92M added.
  • The largest Zhihu seller in Q2 2023 was Point72 Hong Kong, an estimated $5.59M sold.

Based on aggregated 13F filings for Q2 2023.