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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 2023

Institutional positions in Zhihu Inc. as of Dec 31, 2023. 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
41
−4 vs. Q3 2023
Shares held
94.3M
+5.24M (+5.9%) vs. Q3 2023
Total value
$88.3M
−$4.75M (−5.1%) vs. Q3 2023
New holders
9
15 more added
Sold out
13
12 more reduced

1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 2023: 41 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 2023: $88.3M
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 2023

Shares, value and share of portfolio for each institution holding Zhihu Inc.; share changes are against Q3 2023.

Institutions holding ZH in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Matthews International Capital Management LLC30,817,817$28.9M4.05%+5,047,010+19.6%Added
Vanguard Group Inc18,312,413$17.1M0.00%+307,748+1.7%Added
Goldman Sachs Group Inc16,117,472$15.1M0.00%+1,564,501+10.8%Added
Morgan Stanley8,414,361$7.88M0.00%+4,023,623+91.6%Added
Bank of America Corp6,326,258$5.92M0.00%−868,734−12.1%Reduced
UBS Group AG5,848,134$5.47M0.00%+524,358+9.8%Added
State Street Corp3,962,357$3.71M0.00%+360,726+10.0%Added
Jane Street Group, LLC1,056,345$989.2K0.00%−610,582−36.6%Reduced
California Public Employees Retirement System847,002$793.1K0.00%+51,765+6.5%Added
Renaissance Technologies LLC525,700$492.0K0.00%−6,700−1.3%Reduced
Nomura Holdings Inc450,000$421.4K0.00%+67,200+17.6%Added
Prescott Group Capital Management, L.L.C.346,260$324.0K0.06%+346,260New
Jump Financial, LLC254,735$238.5K0.01%−110,265−30.2%Reduced
Invesco Ltd.249,241$233.4K0.00%−16,676−6.3%Reduced
Citadel Advisors LLC219,955$206.0K0.00%+218,244+12,755.3%Added
Two Sigma Advisers, LP91,000$85.2K0.00%+4,200+4.8%Added
XTX Topco Ltd81,374$76.2K0.02%+60,124+282.9%Added
Robeco Institutional Asset Management B.V.42,000$39.3K0.00%−3,000−6.7%Reduced
Rhumbline Advisers42,008$39.3K0.00%+400+1.0%Added
Tower Research Capital LLC (TRC)41,649$39.0K0.00%+29,546+244.1%Added
Susquehanna International Group, LLP35,439$33.2K0.00%+10,975+44.9%Added
Group One Trading, L.P.26,970$25.3K0.00%−12,000−30.8%Reduced
Millennium Management LLC24,479$22.9K0.00%+24,479New
Vident Advisory, LLC22,335$20.9K0.00%−2,187−8.9%Reduced
Scientech Research LLC22,340$20.9K0.02%+22,340New
Focused Wealth Management, Inc22,000$20.6K0.00%00.0%Unchanged
Cedar Wealth Management, LLC16,508$15.5K0.01%−106,866−86.6%Reduced
US Bancorp16,234$15.2K0.00%+16,234New
Citigroup Inc15,317$14.3K0.00%00.0%Unchanged
IMZ Advisory Inc14,852$11.5K0.01%+14,852New
Simplex Trading, LLC12,657$11.0K0.00%−690−5.2%Reduced
Brighton Jones LLC10,000$9.36K0.00%+10,000New
Royal Bank of Canada9,863$9.00K0.00%−6,676−40.4%Reduced
Ronald Blue Trust, Inc.4,600$5.00K0.00%+4,600New
Montag A & Associates Inc3,900$3.65K0.00%00.0%Unchanged
Legal & General Group Plc3,640$3.41K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC1,710$1.60K0.00%+1,710New
TSFG, LLC700$1.00K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.977$9140.00%+692+242.8%Added
Bell Investment Advisors, Inc693$6490.00%−385−35.7%Reduced
Barclays PLC1$10.00%+1New
Yiheng Capital Management, L.P.0$00.00%−3,618,353−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−1,065,900−100.0%Sold out
Man Group plc0$00.00%–Sold out
Two Sigma Investments, LP0$00.00%−318,882−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−223,700−100.0%Sold out
Caxton Associates LP0$00.00%−112,330−100.0%Sold out
Davy Global Fund Management Ltd0$00.00%−104,629−100.0%Sold out
Perseverance Asset Management International0$00.00%−91,400−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−55,340−100.0%Sold out
QCM Cayman, Ltd.0$00.00%−44,317−100.0%Sold out
JustInvest LLC0$00.00%−38,406−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−30,384−100.0%Sold out
Lansdowne Partners (UK) LLP0$00.00%−21,246−100.0%Sold out
Jacob Asset Management of New York LLC––––Not filed