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, Q2 2025
Institutional positions in Zhihu Inc. as of Jun 30, 2025. 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
- 62
- +4 vs. Q1 2025
- Shares held
- 18.3M
- −2.93M (−13.8%) vs. Q1 2025
- Total value
- $72.8M
- −$17.7M (−19.6%) vs. Q1 2025
- New holders
- 12
- 15 more added
- Sold out
- 8
- 22 more reduced
Compare with Q1 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 45 | $40.2M |
| Q1 2026 | 48 | $34.6M |
| Q4 2025 | 52 | $48.8M |
| Q3 2025 | 55 | $90.5M |
| Q2 2025 | 62 | $72.8M |
| Q1 2025 | 58 | $90.6M |
| Q4 2024 | 49 | $61.5M |
| Q3 2024 | 47 | $65.8M |
| Q2 2024 | 37 | $35.4M |
| Q1 2024 | 37 | $74.3M |
| Q4 2023 | 41 | $88.3M |
| Q3 2023 | 46 | $93.7M |
| Q2 2023 | 47 | $83.1M |
| Q1 2023 | 58 | $103.5M |
| Q4 2022 | 54 | $80.3M |
| Q3 2022 | 45 | $78.6M |
| Q2 2022 | 48 | $140.8M |
| Q1 2022 | 45 | $170.2M |
| Q4 2021 | 61 | $352.5M |
| Q3 2021 | 54 | $519.2M |
| Q2 2021 | 47 | $420.0M |
| Q1 2021 | 57 | $271.6M |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Zhihu Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Matthews International Capital Management LLC | 3,574,638 | $14.2M | 3.27% | −78,119−2.1% | Reduced |
| Acadian Asset Management LLC | 3,415,950 | $13.6M | 0.03% | +474,894+16.1% | Added |
| Vanguard Group Inc | 1,833,224 | $7.30M | 0.00% | −979,784−34.8% | Reduced |
| Norges Bank | 1,518,027 | $6.04M | 0.00% | 00.0% | Unchanged |
| MY.Alpha Management HK Advisors Ltd | 1,363,455 | $5.43M | 4.03% | −330,089−19.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,090,673 | $4.34M | 0.00% | −14,676−1.3% | Reduced |
| Morgan Stanley | 665,894 | $2.65M | 0.00% | +13,053+2.0% | Added |
| FIL Ltd | 490,868 | $1.94M | 0.00% | −1,034,307−67.8% | Reduced |
| State Street Corp | 402,096 | $1.60M | 0.00% | −104,696−20.7% | Reduced |
| Millennium Management LLC | 300,690 | $1.20M | 0.00% | −165,864−35.6% | Reduced |
| Jane Street Group, LLC | 250,337 | $996.3K | 0.00% | +46,086+22.6% | Added |
| Susquehanna International Group, LLP | 248,672 | $989.7K | 0.00% | +40,641+19.5% | Added |
| Marshall Wace, LLP | 205,388 | $817.4K | 0.00% | −93,676−31.3% | Reduced |
| E Fund Management (Hong Kong) Co., Ltd. | 195,463 | $777.9K | 0.75% | +82,364+72.8% | Added |
| E Fund Management Co., Ltd. | 195,463 | $777.9K | 0.04% | +82,364+72.8% | Added |
| Public Employees Retirement System of Ohio | 190,049 | $756.4K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 185,245 | $737.3K | 0.00% | −20,228−9.8% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 140,523 | $559.3K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 132,385 | $526.9K | 0.00% | +132,385 | New |
| Bank of America Corp | 131,112 | $521.8K | 0.00% | −14,457−9.9% | Reduced |
| Walleye Capital LLC | 128,549 | $511.6K | 0.00% | +2,123+1.7% | Added |
| Nomura Holdings Inc | 112,464 | $447.6K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 107,381 | $427.4K | 0.00% | −342,232−76.1% | Reduced |
| Cubist Systematic Strategies, LLC | 99,942 | $397.8K | 0.00% | −90,844−47.6% | Reduced |
| Renaissance Technologies LLC | 86,288 | $343.4K | 0.00% | −1,323−1.5% | Reduced |
| National Bank of Canada | 84,401 | $335.9K | 0.00% | −116,500−58.0% | Reduced |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 82,700 | $329.1K | 0.23% | 00.0% | Unchanged |
| Group One Trading, L.P. | 80,154 | $319.0K | 0.01% | −329,005−80.4% | Reduced |
| California Public Employees Retirement System | 77,850 | $309.8K | 0.00% | −7,049−8.3% | Reduced |
| BNP Paribas Arbitrage, SA | 77,331 | $307.8K | 0.00% | −938−1.2% | Reduced |
| Mackenzie Financial Corp | 69,095 | $275.0K | 0.00% | +69,095 | New |
| HSBC Holdings PLC | 65,139 | $258.6K | 0.00% | +35,681+121.1% | Added |
| American Century Companies Inc | 62,501 | $248.8K | 0.00% | +62,501 | New |
| BlackRock, Inc. | 61,182 | $243.5K | 0.00% | +43,035+237.1% | Added |
| Gsa Capital Partners LLP | 58,862 | $234.0K | 0.02% | +58,862 | New |
| SEI Investments Co | 57,617 | $229.3K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 52,144 | $207.5K | 0.00% | 00.0% | Unchanged |
| Diversified Trust Co | 45,739 | $182.0K | 0.00% | +45,739 | New |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 43,207 | $172.0K | 0.00% | +30,409+237.6% | Added |
| Y-Intercept (Hong Kong) Ltd | 42,431 | $168.9K | 0.00% | +42,431 | New |
| XTX Topco Ltd | 38,435 | $153.0K | 0.01% | +38,435 | New |
| Simplex Trading, LLC | 35,582 | $141.0K | 0.00% | −59,512−62.6% | Reduced |
| Invesco Ltd. | 33,953 | $135.1K | 0.00% | −1,103−3.1% | Reduced |
| UBS Group AG | 31,367 | $124.8K | 0.00% | −158,927−83.5% | Reduced |
| Citigroup Inc | 31,116 | $123.8K | 0.00% | +9,888+46.6% | Added |
| Russell Investments Group, Ltd. | 28,805 | $113.2K | 0.00% | +10,186+54.7% | Added |
| Ameriprise Financial Inc | 25,006 | $99.5K | 0.00% | +25,006 | New |
| Quadrature Capital Ltd | 21,108 | $84.1K | 0.00% | +21,108 | New |
| Two Sigma Advisers, LP | 13,266 | $52.8K | 0.00% | +1,300+10.9% | Added |
| Wolverine Trading, LLC | 11,057 | $43.5K | 0.00% | −35,195−76.1% | Reduced |
| Point72 Asia (Singapore) Pte. Ltd. | 5,839 | $23.2K | 0.00% | +3,314+131.2% | Added |
| Rhumbline Advisers | 2,886 | $11.5K | 0.00% | 00.0% | Unchanged |
| Cedar Wealth Management, LLC | 2,483 | $9.88K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 1,900 | $7.56K | 0.00% | +1,900 | New |
| Caitong International Asset Management Co., Ltd | 1,847 | $7.35K | 0.01% | +1,547+515.7% | Added |
| Ridgewood Investments LLC | 666 | $2.65K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 606 | $2.41K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 416 | $1.66K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 400 | $1.59K | 0.00% | +400 | New |
| EverSource Wealth Advisors, LLC | 257 | $1.02K | 0.00% | +257 | New |
| SBI Securities Co., Ltd. | 189 | $752 | 0.00% | −1−0.5% | Reduced |
| TSFG, LLC | 116 | $0 | 0.00% | 00.0% | Unchanged |
| Jump Financial, LLC | 0 | $0 | 0.00% | −100,875−100.0% | Sold out |
| PFG Investments, LLC | 0 | $0 | 0.00% | −76,500−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −56,100−100.0% | Sold out |
| Prescott Group Capital Management, L.L.C. | 0 | $0 | 0.00% | −40,000−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −37,056−100.0% | Sold out |
| Belvedere Trading LLC | 0 | $0 | 0.00% | −12,589−100.0% | Sold out |
| Montag A & Associates Inc | 0 | $0 | 0.00% | −650−100.0% | Sold out |
| CoreCap Advisors, LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |