Zhihu Inc. - ADRZH

13F holders, Q2 2025 (June 30)
61holders +4
12new positions
8sold out
3famous investors
$3.98avg. 13F price*

At the end of Q2 2025, 61 institutions reported holding Zhihu Inc. - ADR (ZH) in their 13F filings, up 4 from Q1 2025. 12 opened new positions and 8 sold out. The largest holders were Acadian Asset Management LLC ($13.6M), Vanguard Group Inc. ($7.3M) and Norges Bank ($6.0M). 3 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
Zhihu Inc. - ADR
CUSIP
98955N207
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080 Q2 2024: 34Q2 2024Q3 2024: 46Q3 2024Q4 2024: 48Q4 2024Q1 2025: 57Q1 2025Q2 2025: 61Q2 2025Q3 2025: 54Q3 2025Q4 2025: 51Q4 2025Q1 2026: 48Q1 2026Q2 2026: 45Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions12$2.0M
Exits8$1.4M

All 13F filers, Q1 2025 → Q2 2025: 1,375,004 shares bought and 4,224,201 shares sold, net −2,849,197 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 61 holders

Acadian Asset Management LLC 0.03% Add +16.1% 3,415,950 $13.6M
Vanguard Group Inc. 0.00% Reduce -34.8% 1,833,224 $7.3M
Norges Bank 0.00% No change 1,518,027 $6.0M
MY.Alpha Management HK Advisors Ltd 4.03% Reduce -19.5% 1,363,455 $5.4M
Arrowstreet Capital, Limited Partnership 0.00% Reduce -1.3% 1,090,673 $4.3M
Morgan Stanley 0.00% Add +2.0% 665,894 $2.7M
FIL Ltd 0.00% Reduce -67.8% 490,868 $1.9M
State Street Corp. 0.00% Reduce -20.7% 402,096 $1.6M
Millennium Management 0.00% Reduce -35.5% 300,690 $1.2M
Jane Street Group, LLC 0.00% Add +22.6% 250,337 $996K
Susquehanna International Group, LLP 0.00% Add +19.5% 248,672 $990K
Marshall Wace, LLP 0.00% Reduce -31.3% 205,388 $817K
E Fund Management (Hong Kong) Co., Ltd. 0.75% Add +72.8% 195,463 $778K
E Fund Management Co., Ltd. 0.04% Add +72.8% 195,463 $778K
Public Employees Retirement System of Ohio 0.00% No change 190,049 $756K
Goldman Sachs Group Inc. 0.00% Reduce -9.8% 185,245 $737K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% No change 140,523 $559K
JPMorgan Chase & Co. 0.00% New 132,385 $527K
Bank of America Corp. 0.00% Reduce -9.9% 131,112 $522K
Walleye Capital LLC 0.01% Add +1.7% 128,549 $512K
Nomura Holdings Inc. 0.00% No change 112,464 $448K
Citadel Advisors 0.00% Reduce -76.1% 107,381 $427K
Cubist Systematic Strategies, LLC 0.00% Reduce -47.6% 99,942 $398K
Renaissance Technologies 0.00% Reduce -1.5% 86,288 $343K
National Bank of Canada 0.00% Reduce -58.0% 84,401 $336K
Dymon Asia Capital (singapore) Pte. LTD. 0.23% No change 82,700 $329K
Group One Trading LLC 0.01% Reduce -80.4% 80,154 $319K
California Public Employees Retirement System 0.00% Reduce -8.3% 77,850 $310K
BNP Paribas Financial Markets 0.00% Reduce -1.2% 77,331 $308K
Mackenzie Financial Corp. 0.00% New 69,095 $275K
HSBC Holdings PLC 0.00% Add +121.1% 65,139 $259K
American Century Companies Inc. 0.00% New 62,501 $249K
BlackRock, Inc. 0.00% Add +237.2% 61,182 $244K
Gsa Capital Partners LLP 0.02% New 58,862 $234K
Sei Investments Co. 0.00% No change 57,617 $229K
New York State Common Retirement Fund 0.00% No change 52,144 $208K
Diversified Trust Co. 0.00% New 45,739 $182K
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.00% Add +237.6% 43,207 $172K
Y-Intercept (Hong Kong) Ltd 0.00% New 42,431 $169K
XTX Topco Ltd 0.01% New 38,435 $153K
Simplex Trading, LLC 0.00% Reduce -62.6% 35,582 $141K
Invesco Ltd. 0.00% Reduce -3.1% 33,953 $135K
UBS Group AG 0.00% Reduce -83.5% 31,367 $125K
Citigroup Inc. 0.00% Add +46.6% 31,116 $124K
Russell Investments Group, Ltd. 0.00% Add +54.7% 28,805 $113K
Ameriprise Financial Inc. 0.00% New 25,006 $100K
Quadrature Capital Ltd 0.00% New 21,108 $84K
Two Sigma Advisers, LP 0.00% Add +10.9% 13,266 $53K
Wolverine Trading, LLC 0.00% Reduce -76.1% 11,057 $43K
Point72 Asia (Singapore) Pte. Ltd. 0.00% Add +131.3% 5,839 $23K
Rhumbline Advisers 0.00% No change 2,886 $11K
Cedar Wealth Management, LLC 0.00% No change 2,483 $10K
Point72 (DIFC) Ltd 0.00% New 1,900 $8K
Caitong International Asset Management Co., Ltd 0.01% Add +515.7% 1,847 $7K
Ridgewood Investments LLC 0.00% No change 666 $3K
Legal & General Group Plc 0.00% No change 606 $2K
Bell Investment Advisors, Inc 0.00% No change 416 $2K
Tower Research Capital LLC (TRC) 0.00% New 400 $2K
EverSource Wealth Advisors, LLC 0.00% New 257 $1K
SBI Securities Co., Ltd. 0.00% Reduce -0.5% 189 $752
Tsfg, LLC 0.00% No change 116 $0

"% of holder's portfolio" is ZH's weight in each manager's 13F, not the share of Zhihu Inc. - ADR the manager owns.