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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 2022

Institutional positions in Zhihu Inc. as of Dec 31, 2022. 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
54
+10 vs. Q3 2022
Shares held
61.8M
−12.4M (−16.7%) vs. Q3 2022
Total value
$80.3M
+$1.67M (+2.1%) vs. Q3 2022
New holders
17
18 more added
Sold out
7
11 more reduced

1 institution that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 54 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 2022: $80.3M
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 2022

Shares, value and share of portfolio for each institution holding Zhihu Inc.; share changes are against Q3 2022.

Institutions holding ZH in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Goldman Sachs Group Inc7,602,817$9.88M0.00%−1,204,157−13.7%Reduced
Bank of America Corp6,331,239$8.23M0.00%+6,217,795+5,480.9%Added
Vanguard Group Inc5,642,410$7.34M0.00%+4630.0%Added
UBS Group AG5,301,238$6.89M0.00%+65,924+1.3%Added
Matthews International Capital Management LLC4,932,463$6.41M0.76%+773,595+18.6%Added
Morgan Stanley4,367,233$5.68M0.00%−213,065−4.7%Reduced
Yiheng Capital Management, L.P.3,618,353$4.70M0.36%−6,326,239−63.6%Reduced
Jane Street Group, LLC3,348,319$4.35M0.01%+2,393,697+250.7%Added
State Street Corp3,313,353$4.31M0.00%+1,472,843+80.0%Added
Carmignac Gestion2,961,810$3.85M0.07%+2,961,810New
Marshall Wace, LLP2,018,330$2.62M0.01%+2,018,330New
Barings LLC1,888,411$2.45M0.09%00.0%Unchanged
Renaissance Technologies LLC1,686,450$2.19M0.00%+1,266,150+301.2%Added
HRT Financial LP1,232,092$1.60M0.02%+1,216,102+7,605.4%Added
Invesco Ltd.1,145,049$1.49M0.00%−40,470−3.4%Reduced
Two Sigma Investments, LP827,748$1.08M0.00%+827,748New
Yong Rong (HK) Asset Management Ltd800,000$1.04M0.65%+800,000New
Millennium Management LLC734,208$954.0K0.00%+169,822+30.1%Added
Prescott Group Capital Management, L.L.C.729,348$948.0K0.21%+556,238+321.3%Added
Citadel Advisors LLC441,765$574.3K0.00%+203,483+85.4%Added
Legal & General Group Plc413,924$538.2K0.00%00.0%Unchanged
California Public Employees Retirement System333,566$433.6K0.00%00.0%Unchanged
Caxton Associates LP303,177$394.1K0.03%+303,177New
Cubist Systematic Strategies, LLC258,483$336.0K0.00%+258,483New
Charles Schwab Investment Management Inc230,317$299.4K0.00%+7,995+3.6%Added
ExodusPoint Capital Management, LP220,902$287.0K0.00%+220,902New
Davy Global Fund Management Ltd178,618$232.2K0.05%+855+0.5%Added
BlackRock Inc.138,183$179.6K0.00%+10,603+8.3%Added
Susquehanna International Group, LLP131,933$171.5K0.00%+67,890+106.0%Added
Nomura Holdings Inc101,000$131.0K0.00%+101,000New
RBF Capital, LLC80,000$110.0K0.01%+80,000New
Gsa Capital Partners LLP65,074$85.0K0.01%+65,074New
Alpine Global Management, LLC65,044$85.0K0.03%+65,044New
Squarepoint Ops LLC59,488$77.3K0.00%+59,488New
Robeco Institutional Asset Management B.V.45,000$58.5K0.00%+45,000New
Group One Trading, L.P.30,908$40.2K0.00%+27,700+863.5%Added
UBS Asset Management Americas Inc28,734$37.4K0.00%−2,678−8.5%Reduced
Vident Investment Advisory, LLC23,215$30.2K0.00%+23,215New
Citigroup Inc15,374$20.0K0.00%−280,334−94.8%Reduced
Boothbay Fund Management, LLC15,000$19.5K0.00%+15,000New
Simplex Trading, LLC15,243$19.0K0.00%−24,991−62.1%Reduced
JustInvest LLC14,509$18.9K0.00%+244+1.7%Added
Royal Bank of Canada13,614$18.0K0.00%−7,758−36.3%Reduced
Franklin Resources Inc11,813$15.4K0.00%+487+4.3%Added
Ground Swell Capital, LLC11,789$15.3K0.07%+11,789New
Two Sigma Advisers, LP10,400$13.5K0.00%−800−7.1%Reduced
Brighton Jones LLC10,000$13.0K0.00%00.0%Unchanged
Montag A & Associates Inc3,900$5.07K0.00%00.0%Unchanged
Wells Fargo & Company2,000$2.60K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,588$2.00K0.00%−14,373−90.1%Reduced
TSFG, LLC700$1.00K0.00%00.0%Unchanged
Farther Finance Advisors, LLC50$650.00%+50New
Cutler Group LP1$00.00%−1,430−99.9%Reduced
Advisor Group Holdings, Inc.285$00.00%00.0%Unchanged
Krane Funds Advisors LLC0$00.00%−18,350,452−100.0%Sold out
Capital Today Evergreen Fund, L.P.0$00.00%−4,760,000−100.0%Sold out
E Fund Management Co., Ltd.0$00.00%−3,003,800−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−260,933−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−166,715−100.0%Sold out
Verition Fund Management LLC0$00.00%−59,030−100.0%Sold out
JPMorgan Chase & Co0$00.00%−300−100.0%Sold out
DRW Securities, L.L.C.––––Not filed