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Zhihu Inc.

ZH
Exchange
NYSE
Industry
Services-Business Services, NEC
SEC CIK
0001835724

No open-market purchases or sales by Zhihu Inc. insiders were filed in the last 90 days; 45 institutions reported holding it in 13F filings for Q2 2026, worth $40.2M in total; no superinvestor holds it.

Other share classesZHIHF

13F holders, Q4 2021

Institutional positions in Zhihu Inc. as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
61
+7 vs. Q3 2021
Shares held
63.7M
+7.39M (+13.1%) vs. Q3 2021
Total value
$352.5M
−$166.6M (−32.1%) vs. Q3 2021
New holders
20
21 more added
Sold out
13
16 more reduced

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ZH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2021: 61 institutions
Q1 2021: 57 institutionsQ2 2021: 47 institutionsQ3 2021: 54 institutionsQ4 2021: 61 institutionsQ1 2022: 45 institutionsQ2 2022: 48 institutionsQ3 2022: 45 institutionsQ4 2022: 54 institutionsQ1 2023: 58 institutionsQ2 2023: 47 institutionsQ3 2023: 46 institutionsQ4 2023: 41 institutionsQ1 2024: 37 institutionsQ2 2024: 37 institutionsQ3 2024: 47 institutionsQ4 2024: 49 institutionsQ1 2025: 58 institutionsQ2 2025: 62 institutionsQ3 2025: 55 institutionsQ4 2025: 52 institutionsQ1 2026: 48 institutionsQ2 2026: 45 institutions
Value heldQ4 2021: $352.5M
Q1 2021: $271.6MQ2 2021: $420.0MQ3 2021: $519.2MQ4 2021: $352.5MQ1 2022: $170.2MQ2 2022: $140.8MQ3 2022: $78.6MQ4 2022: $80.3MQ1 2023: $103.5MQ2 2023: $83.1MQ3 2023: $93.7MQ4 2023: $88.3MQ1 2024: $74.3MQ2 2024: $35.4MQ3 2024: $65.8MQ4 2024: $61.5MQ1 2025: $90.6MQ2 2025: $72.8MQ3 2025: $90.5MQ4 2025: $48.8MQ1 2026: $34.6MQ2 2026: $40.2M
Institutions holding ZH and their total value by quarter
QuarterHoldersValue
Q2 202645$40.2M
Q1 202648$34.6M
Q4 202552$48.8M
Q3 202555$90.5M
Q2 202562$72.8M
Q1 202558$90.6M
Q4 202449$61.5M
Q3 202447$65.8M
Q2 202437$35.4M
Q1 202437$74.3M
Q4 202341$88.3M
Q3 202346$93.7M
Q2 202347$83.1M
Q1 202358$103.5M
Q4 202254$80.3M
Q3 202245$78.6M
Q2 202248$140.8M
Q1 202245$170.2M
Q4 202161$352.5M
Q3 202154$519.2M
Q2 202147$420.0M
Q1 202157$271.6M

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Zhihu Inc.; share changes are against Q3 2021.

Institutions holding ZH in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Anatole Investment Management Ltd13,944,291$77.3M4.22%+30,143+0.2%Added
Krane Funds Advisors LLC11,991,322$66.4M1.67%+3,087,126+34.7%Added
Franchise Capital Ltd7,167,304$39.7M6.72%+3,622,075+102.2%Added
Yiheng Capital Management, L.P.3,644,221$20.2M1.03%+3,644,221New
Luxor Capital Group, LP3,139,091$17.4M0.51%−240,863−7.1%Reduced
Barings LLC2,916,601$16.2M0.42%−24,089−0.8%Reduced
Sylebra Capital Ltd2,672,239$14.8M0.48%−426,136−13.8%Reduced
E Fund Management Co., Ltd.2,376,827$13.2M0.47%+1,062,366+80.8%Added
Vanguard Group Inc1,790,250$9.92M0.00%+187,598+11.7%Added
Capital Today Evergreen Fund, L.P.1,760,000$9.75M19.22%+1,760,000New
Goldman Sachs Group Inc1,359,898$7.53M0.00%+507,192+59.5%Added
Group One Trading, L.P.980,819$5.43M0.10%+936,577+2,116.9%Added
Balyasny Asset Management LLC802,796$4.45M0.02%+222,120+38.3%Added
D. E. Shaw & Co., Inc.770,192$4.27M0.01%+635,367+471.3%Added
Arrowstreet Capital, Limited Partnership730,611$4.05M0.00%+730,611New
Susquehanna International Group, LLP610,900$3.38M0.01%+311,009+103.7%Added
Two Sigma Investments, LP602,681$3.34M0.01%+602,681New
State Street Corp595,201$3.30M0.00%+424,758+249.2%Added
M&G Investment Management Ltd483,357$2.90M0.02%−24,490−4.8%Reduced
Millennium Management LLC496,197$2.75M0.00%−702,203−58.6%Reduced
Invesco Ltd.476,263$2.64M0.00%−1,730−0.4%Reduced
Voloridge Investment Management, LLC459,525$2.55M0.01%+383,048+500.9%Added
Citadel Advisors LLC453,251$2.51M0.00%+34,650+8.3%Added
Penserra Capital Management LLC386,989$2.14M0.05%−252,912−39.5%Reduced
Octahedron Capital Management L.P.375,000$2.08M0.83%+375,000New
Jane Street Group, LLC369,810$2.05M0.00%+369,810New
Macquarie Group Ltd200,000$1.11M0.00%00.0%Unchanged
Citigroup Inc194,342$1.08M0.00%+9,388+5.1%Added
Simplex Trading, LLC193,124$1.07M0.04%+156,843+432.3%Added
Legal & General Group Plc188,387$1.04M0.00%+103,690+122.4%Added
Cutler Group LP161,073$892.0K0.06%+148,461+1,177.1%Added
California Public Employees Retirement System114,795$636.0K0.00%−3,994−3.4%Reduced
BlackRock Inc.111,475$617.0K0.00%−2,780,128−96.1%Reduced
Toroso Investments, LLC108,584$602.0K0.02%+108,584New
First Trust Advisors LP106,204$588.0K0.00%+106,204New
Qube Research & Technologies Ltd92,538$513.0K0.00%+92,538New
UBS Group AG89,334$495.0K0.00%−441,516−83.2%Reduced
Morgan Stanley88,752$492.0K0.00%−1,039,238−92.1%Reduced
Charles Schwab Investment Management Inc81,966$455.0K0.00%+2,626+3.3%Added
PEAK6 Investments LLC71,301$395.0K0.01%+71,301New
Trexquant Investment LP52,266$290.0K0.02%+52,266New
Must Asset Management Inc.46,767$266.0K0.14%+13,204+39.3%Added
Dymon Asia Capital (Singapore) Pte. Ltd.46,887$260.0K0.16%−46,886−50.0%Reduced
Davy Global Fund Management Ltd45,183$250.0K0.04%+2,044+4.7%Added
Woodward Diversified Capital, LLC39,313$218.0K0.13%−48,371−55.2%Reduced
Wolverine Trading, LLC37,493$213.0K0.00%+37,493New
Bank of America Corp37,030$205.0K0.00%−37,460−50.3%Reduced
HRT Financial LP27,337$151.0K0.00%+27,337New
UBS Asset Management Americas Inc22,580$125.1K0.00%+22,580New
Two Sigma Advisers, LP17,600$98.0K0.00%+17,600New
ExodusPoint Capital Management, LP16,015$89.0K0.00%+16,015New
XTX Topco Ltd11,010$61.0K0.03%+11,010New
Aj Wealth Strategies, LLC10,250$57.0K0.00%00.0%Unchanged
Brighton Jones LLC10,000$55.0K0.00%+10,000New
Royal Bank of Canada9,347$52.0K0.00%+3,505+60.0%Added
Montag A & Associates Inc3,900$22.0K0.00%00.0%Unchanged
US Bancorp2,987$17.0K0.00%−866−22.5%Reduced
TSFG, LLC700$4.00K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)142$1.00K0.00%+142New
Bell Investment Advisors, Inc134$1.00K0.00%+134New
Coalescence Partners Investment Management, LP59,000––−841,000−93.4%Reduced
Light Street Capital Management, LLC0$00.00%−3,794,262−100.0%Sold out
Jericho Capital Asset Management L.P.0$00.00%−775,000−100.0%Sold out
Norges Bank0$00.00%−383,385−100.0%Sold out
Pinpoint Asset Management Ltd0$00.00%−246,389−100.0%Sold out
LMR Partners LLP0$00.00%−202,653−100.0%Sold out
Mirabella Financial Services LLP0$00.00%−59,100−100.0%Sold out
Keywise Capital Management (HK) Ltd0$00.00%−49,758−100.0%Sold out
Ocean Arete Ltd0$00.00%−45,000−100.0%Sold out
Belvedere Trading LLC0$00.00%−23,315−100.0%Sold out
Maven Securities LTD0$00.00%−18,716−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−15,860−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−15,000−100.0%Sold out
Advisor Group Holdings, Inc.0$00.00%−9,877−100.0%Sold out