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ZH

Zhihu

55 hedge funds and large institutions have $90.5M invested in Zhihu in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

more capital invested

Capital invested by funds: $ → $

less ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

72% less call options, than puts

Call options by funds: $645K | Put options by funds: $2.29M

Holders
55
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$645K
Puts
$2.29M
Net Calls
Net Calls Change

Top Buyers

1 +$6.82M
2 +$2.39M
3 +$2.32M
4
Goldman Sachs
Goldman Sachs
New York
+$2.16M
5
MS
Maven Securities
Jersey
+$1.38M

Top Sellers

1 -$5.43M
2 -$3.2M
3 -$1.21M
4
Bank of America
Bank of America
North Carolina
-$618K
5
Walleye Capital
Walleye Capital
New York
-$512K
Name Holding Trade Value Shares
Change
Change in
Stake
1
$17.2M
2
$14.7M
3
$10M
4
$9.52M
5
$5.87M
6
$5.53M
7
$3.25M
8
$3.17M
9
$2.72M
10
$1.48M
11
$1.43M
12
$1.4M
13
$1.18M
14
$1.14M
15
$1.07M
16
$964K
17
$772K
18
$753K
19
$743K
20
$712K
21
$570K
22
$437K
23
$428K
24
$418K
25
$403K