Zhihu Inc. - ADRZH
13F holders, Q4 2025 (December 31)51holders −3
5new positions
8sold out
1famous investor
$3.29avg. 13F price*
At the end of Q4 2025, 51 institutions reported holding Zhihu Inc. - ADR (ZH) in their 13F filings, down 3 from Q3 2025. 5 opened new positions and 8 sold out. The largest holders were Acadian Asset Management LLC ($10.5M), FIL Ltd ($6.4M) and Vanguard Group Inc. ($5.9M). One famous investor held it Steve Cohen (0.0% of Point72 Asset Management's portfolio).
- Company
- Zhihu Inc. - ADR
- CUSIP
- 98955N207
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 5 | $396K |
| Exits | 8 | $2.5M |
All 13F filers, Q3 2025 → Q4 2025: 1,050,079 shares bought and 3,675,478 shares sold, net −2,625,399 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 51 holders
| Acadian Asset Management LLC | 0.02% | Reduce -5.6% | 3,212,733 | $10.5M |
| FIL Ltd | 0.00% | Add +1.0% | 1,952,393 | $6.4M |
| Vanguard Group Inc. | 0.00% | Reduce -3.9% | 1,803,704 | $5.9M |
| State Street Corp. | 0.00% | Add +42.0% | 887,258 | $2.9M |
| E Fund Management (Hong Kong) Co., Ltd. | 0.62% | Add +122.2% | 518,652 | $1.8M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -54.2% | 499,281 | $1.6M |
| Maven Securities LTD | 0.19% | Add +60.1% | 466,008 | $1.5M |
| UBS Group AG | 0.00% | Reduce -18.6% | 436,334 | $1.4M |
| Morgan Stanley | 0.00% | Reduce -64.1% | 415,396 | $1.4M |
| Dodge & Cox | 0.00% | Add +15.3% | 319,164 | $1.0M |
| Norges Bank | 0.00% | — | 244,633 | $802K |
| Oasis Management Co Ltd. | 0.11% | No change | 225,000 | $738K |
| Goldman Sachs Group Inc. | 0.00% | Reduce -76.5% | 150,806 | $495K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | No change | 140,523 | $461K |
| JPMorgan Chase & Co. | 0.00% | Add +80.2% | 125,387 | $411K |
| Jane Street Group, LLC | 0.00% | Reduce -47.9% | 109,469 | $359K |
| BNP Paribas Financial Markets | 0.00% | Add +32.2% | 98,356 | $323K |
| XTX Topco Ltd | 0.01% | New | 87,356 | $287K |
| American Century Companies Inc. | 0.00% | Add +0.1% | 82,517 | $271K |
| California Public Employees Retirement System | 0.00% | Reduce -0.1% | 72,139 | $237K |
| Qube Research & Technologies Ltd | 0.00% | Add +136.3% | 65,802 | $216K |
| Ameriprise Financial Inc. | 0.00% | Add +75.7% | 63,401 | $208K |
| Sei Investments Co. | 0.00% | No change | 57,617 | $189K |
| New York State Common Retirement Fund | 0.00% | No change | 52,144 | $171K |
| Gsa Capital Partners LLP | 0.01% | Reduce -70.5% | 44,878 | $147K |
| Diversified Trust Co. | 0.00% | No change | 44,184 | $145K |
| Citigroup Inc. | 0.00% | Reduce 0.0% | 35,459 | $116K |
| BlackRock, Inc. | 0.00% | Reduce -43.3% | 35,072 | $115K |
| Nomura Holdings Inc. | 0.00% | Reduce -69.3% | 34,564 | $113K |
| Marshall Wace, LLP | 0.00% | Reduce -88.9% | 31,300 | $103K |
| Invesco Ltd. | 0.00% | Reduce -2.5% | 31,234 | $102K |
| HSBC Holdings PLC | 0.00% | Reduce -64.8% | 21,033 | $69K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -36.0% | 18,420 | $61K |
| Point72 Asset Management | 0.00% | New | 17,877 | $59K |
| Two Sigma Advisers, LP | 0.00% | Reduce -16.8% | 15,651 | $51K |
| Susquehanna International Group, LLP | 0.00% | Reduce -89.6% | 15,240 | $50K |
| Two Sigma Investments, LP | 0.00% | New | 15,100 | $50K |
| Campbell & CO Investment Adviser LLC | 0.00% | Reduce -77.0% | 12,839 | $42K |
| Simplex Trading, LLC | 0.00% | Reduce -40.2% | 10,728 | $35K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -98.2% | 3,385 | $11K |
| Rhumbline Advisers | 0.00% | Reduce -8.1% | 2,592 | $9K |
| Oakum Bay Capital LLC | 0.00% | — | 2,426 | $8K |
| Cedar Wealth Management, LLC | 0.00% | Reduce -21.3% | 1,954 | $6K |
| Bell Investment Advisors, Inc | 0.00% | No change | 416 | $1K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -89.4% | 347 | $1K |
| Royal Bank of Canada | 0.00% | New | 265 | $1K |
| PNC Financial Services Group, Inc. | 0.00% | New | 113 | $371 |
| SBI Securities Co., Ltd. | 0.00% | Reduce -44.4% | 105 | $344 |
| Bank of America Corp. | 0.00% | Reduce -99.6% | 2 | $7 |
| Bessemer Group Inc. | 0.00% | No change | 71 | $0 |
| 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.