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 |
|---|---|---|---|---|---|
| TSFG, LLC | 116 | $0 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 189 | $752 | 0.00% | −1−0.5% | Reduced |
| EverSource Wealth Advisors, LLC | 257 | $1.02K | 0.00% | +257 | New |
| Tower Research Capital LLC (TRC) | 400 | $1.59K | 0.00% | +400 | New |
| Bell Investment Advisors, Inc | 416 | $1.66K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 606 | $2.41K | 0.00% | 00.0% | Unchanged |
| Ridgewood Investments LLC | 666 | $2.65K | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 1,847 | $7.35K | 0.01% | +1,547+515.7% | Added |
| Point72 (DIFC) Ltd | 1,900 | $7.56K | 0.00% | +1,900 | New |
| Cedar Wealth Management, LLC | 2,483 | $9.88K | 0.00% | 00.0% | Unchanged |
| Rhumbline Advisers | 2,886 | $11.5K | 0.00% | 00.0% | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. | 5,839 | $23.2K | 0.00% | +3,314+131.2% | Added |
| Wolverine Trading, LLC | 11,057 | $43.5K | 0.00% | −35,195−76.1% | Reduced |
| Two Sigma Advisers, LP | 13,266 | $52.8K | 0.00% | +1,300+10.9% | Added |
| Quadrature Capital Ltd | 21,108 | $84.1K | 0.00% | +21,108 | New |
| Ameriprise Financial Inc | 25,006 | $99.5K | 0.00% | +25,006 | New |
| Russell Investments Group, Ltd. | 28,805 | $113.2K | 0.00% | +10,186+54.7% | Added |
| Citigroup Inc | 31,116 | $123.8K | 0.00% | +9,888+46.6% | Added |
| UBS Group AG | 31,367 | $124.8K | 0.00% | −158,927−83.5% | Reduced |
| Invesco Ltd. | 33,953 | $135.1K | 0.00% | −1,103−3.1% | Reduced |
| Simplex Trading, LLC | 35,582 | $141.0K | 0.00% | −59,512−62.6% | Reduced |
| XTX Topco Ltd | 38,435 | $153.0K | 0.01% | +38,435 | New |
| Y-Intercept (Hong Kong) Ltd | 42,431 | $168.9K | 0.00% | +42,431 | New |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 43,207 | $172.0K | 0.00% | +30,409+237.6% | Added |
| Diversified Trust Co | 45,739 | $182.0K | 0.00% | +45,739 | New |
| New York State Common Retirement Fund | 52,144 | $207.5K | 0.00% | 00.0% | Unchanged |
| SEI Investments Co | 57,617 | $229.3K | 0.00% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 58,862 | $234.0K | 0.02% | +58,862 | New |
| BlackRock, Inc. | 61,182 | $243.5K | 0.00% | +43,035+237.1% | Added |
| American Century Companies Inc | 62,501 | $248.8K | 0.00% | +62,501 | New |
| HSBC Holdings PLC | 65,139 | $258.6K | 0.00% | +35,681+121.1% | Added |
| Mackenzie Financial Corp | 69,095 | $275.0K | 0.00% | +69,095 | New |
| BNP Paribas Arbitrage, SA | 77,331 | $307.8K | 0.00% | −938−1.2% | Reduced |
| California Public Employees Retirement System | 77,850 | $309.8K | 0.00% | −7,049−8.3% | Reduced |
| Group One Trading, L.P. | 80,154 | $319.0K | 0.01% | −329,005−80.4% | Reduced |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 82,700 | $329.1K | 0.23% | 00.0% | Unchanged |
| National Bank of Canada | 84,401 | $335.9K | 0.00% | −116,500−58.0% | Reduced |
| Renaissance Technologies LLC | 86,288 | $343.4K | 0.00% | −1,323−1.5% | Reduced |
| Cubist Systematic Strategies, LLC | 99,942 | $397.8K | 0.00% | −90,844−47.6% | Reduced |
| Citadel Advisors LLC | 107,381 | $427.4K | 0.00% | −342,232−76.1% | Reduced |
| Nomura Holdings Inc | 112,464 | $447.6K | 0.00% | 00.0% | Unchanged |
| Walleye Capital LLC | 128,549 | $511.6K | 0.00% | +2,123+1.7% | Added |
| Bank of America Corp | 131,112 | $521.8K | 0.00% | −14,457−9.9% | Reduced |
| JPMorgan Chase & Co | 132,385 | $526.9K | 0.00% | +132,385 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 140,523 | $559.3K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 185,245 | $737.3K | 0.00% | −20,228−9.8% | Reduced |
| Public Employees Retirement System of Ohio | 190,049 | $756.4K | 0.00% | 00.0% | Unchanged |
| 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 |
| Marshall Wace, LLP | 205,388 | $817.4K | 0.00% | −93,676−31.3% | Reduced |
| Susquehanna International Group, LLP | 248,672 | $989.7K | 0.00% | +40,641+19.5% | Added |
| Jane Street Group, LLC | 250,337 | $996.3K | 0.00% | +46,086+22.6% | Added |
| Millennium Management LLC | 300,690 | $1.20M | 0.00% | −165,864−35.6% | Reduced |
| State Street Corp | 402,096 | $1.60M | 0.00% | −104,696−20.7% | Reduced |
| FIL Ltd | 490,868 | $1.94M | 0.00% | −1,034,307−67.8% | Reduced |
| Morgan Stanley | 665,894 | $2.65M | 0.00% | +13,053+2.0% | Added |
| Arrowstreet Capital, Limited Partnership | 1,090,673 | $4.34M | 0.00% | −14,676−1.3% | Reduced |
| MY.Alpha Management HK Advisors Ltd | 1,363,455 | $5.43M | 4.03% | −330,089−19.5% | Reduced |
| Norges Bank | 1,518,027 | $6.04M | 0.00% | 00.0% | Unchanged |
| Vanguard Group Inc | 1,833,224 | $7.30M | 0.00% | −979,784−34.8% | Reduced |
| Acadian Asset Management LLC | 3,415,950 | $13.6M | 0.03% | +474,894+16.1% | Added |
| Matthews International Capital Management LLC | 3,574,638 | $14.2M | 3.27% | −78,119−2.1% | Reduced |
| 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 |