ZH

Zhihu

62 hedge funds and large institutions have $72.8M invested in Zhihu in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
62
Holders Change
+5
Holders Change %
+8.77%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
15
Reduced
22
Closed
8
Calls
$255K
Puts
$2.25M
Net Calls
-$2M
Net Calls Change
-$597K
Name Holding Trade Value Shares
Change
Shares
Change %
MICM
1
Matthews International Capital Management
California
$14.2M -$311K -78,119 -2%
Acadian Asset Management
2
Acadian Asset Management
Massachusetts
$13.6M +$1.89M +474,894 +16%
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.3M -$3.9M -979,784 -35%
Norges Bank
4
Norges Bank
Norway
$6.04M +$6.04M +1,518,027 New
MAMHA
5
MY.Alpha Management HK Advisors
Hong Kong
$5.43M -$1.31M -330,089 -19%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$4.34M -$58.4K -14,676 -1%
Morgan Stanley
7
Morgan Stanley
New York
$2.65M +$52K +13,053 +2%
Fidelity International
8
Fidelity International
Bermuda
$1.94M -$4.1M -1,034,307 -68%
State Street
9
State Street
Massachusetts
$1.6M -$417K -104,696 -21%
Millennium Management
10
Millennium Management
New York
$1.2M -$660K -165,864 -36%
Jane Street
11
Jane Street
New York
$996K +$183K +46,086 +23%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$990K +$162K +40,641 +20%
Marshall Wace
13
Marshall Wace
United Kingdom
$817K -$373K -93,676 -31%
EFMH
14
E Fund Management (HK)
Hong Kong
$778K +$328K +82,364 +73%
EFM
15
E Fund Management
China
$778K +$328K +82,364 +73%
Ohio Public Employees Retirement System (OPERS)
16
Ohio Public Employees Retirement System (OPERS)
Ohio
$756K
Goldman Sachs
17
Goldman Sachs
New York
$737K -$80.5K -20,228 -10%
COPPSERS
18
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$559K
JPMorgan Chase & Co
19
JPMorgan Chase & Co
New York
$527K +$527K +132,385 New
Bank of America
20
Bank of America
North Carolina
$522K -$57.5K -14,457 -10%
Walleye Capital
21
Walleye Capital
New York
$512K +$8.45K +2,123 +2%
Nomura Holdings
22
Nomura Holdings
Japan
$448K
Citadel Advisors
23
Citadel Advisors
Florida
$427K -$1.36M -342,232 -76%
CSS
24
Cubist Systematic Strategies
Connecticut
$398K -$362K -90,844 -48%
Renaissance Technologies
25
Renaissance Technologies
New York
$343K -$5.27K -1,323 -2%