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Zhihu Inc. (ZH) institutional ownership

Latest close $3.19 Jul 21, 2026
Market cap$263M 52-week range SectorCommunication Services
Funds holding · Q1 2026
50
reported ZH position changes
Top owners · Q1 2026
No disclosed owners are available.
Institutional activity · Q1 2026
Activity unavailable N/A
24 buyers · 26 sellers

Zhihu Inc. (ZH) price and institutional activity

Dates

Q1 2026

$0 bought by 24 investors
First Beijing Investment LtdE Fund Management Co., Ltd. +22 more
$0 sold by 26 investors
Matthews International Capital Management LLCArrowstreet Capital, Limited Partnership +24 more
Bought Sold Totals per quarter; hover a bar for the names.

Zhihu Inc. (ZH) institutional activity · 50

Investor Type Est. change Change Δ Own Date
Matthews International Capital Management LLC · Exited
Change −2.4M Δ Own −100.0% Date Q1 2026
Matthews International Capital Management LLC Exited· Q1 2026 −2.4M −100.0% Q1 2026
First Beijing Investment Ltd · New
Change +551K Date Q1 2026
First Beijing Investment Ltd New· Q1 2026 +551K Q1 2026
E Fund Management Co., Ltd. · Added
Change +469K Date Q1 2026
E Fund Management Co., Ltd. Added· Q1 2026 +469K Q1 2026
Arrowstreet Capital, Limited Partnership · Reduced
Change −349K Date Q1 2026
Arrowstreet Capital, Limited Partnership Reduced· Q1 2026 −349K Q1 2026
Goldman Sachs Group Inc · Added
Change +343K Date Q1 2026
Goldman Sachs Group Inc Added· Q1 2026 +343K Q1 2026
State Street · Reduced
Change −276K Date Q1 2026
State Street Reduced· Q1 2026 −276K Q1 2026
Norges · Exited
Change −245K Δ Own −100.0% Date Q1 2026
Norges Exited· Q1 2026 −245K −100.0% Q1 2026
Jane Street Group, LLC · Added
Change +194K Date Q1 2026
Jane Street Group, LLC Added· Q1 2026 +194K Q1 2026
Qube Research & Technologies Ltd · Added
Change +183K Date Q1 2026
Qube Research & Technologies Ltd Added· Q1 2026 +183K Q1 2026
Dodge & Cox · Added
Change +162K Δ Own +50.7% Date Q1 2026
Dodge & Cox Added· Q1 2026 +162K +50.7% Q1 2026
E Fund Management (hong Kong) Co., Ltd. · Added
Change +146K Date Q1 2026
E Fund Management (hong Kong) Co., Ltd. Added· Q1 2026 +146K Q1 2026
Point72 Asset Management, L.P. · Added
Change +119K Δ Own +665.4% Date Q1 2026
Point72 Asset Management, L.P. Added· Q1 2026 +119K +665.4% Q1 2026
Millennium Management LLC · New
Change +113K Date Q1 2026
Millennium Management LLC New· Q1 2026 +113K Q1 2026
Morgan Stanley · Reduced
Change −100K Date Q1 2026
Morgan Stanley Reduced· Q1 2026 −100K Q1 2026
Russell Investments Group, Ltd. · Added
Change +78K Date Q1 2026
Russell Investments Group, Ltd. Added· Q1 2026 +78K Q1 2026
Data through Q1 2026 · filed May 15, 2026
15 of 50

Famous investor activity in Zhihu Inc. (ZH)

Zhihu Inc. (ZH) insider trading

Company insiders, action and economics first; trade and filed dates last.
Dates
Insider Title Type Price Qty Value Owned ΔOwn Trade date Filed date
Chen Derek · Director Grant (A) $1K
Price $0.01 Qty 135K Owned 135K Trade date Jun 5, 2026 Filed date Jun 12, 2026
Chen Derek Director Grant (A) $0.01 135K $1K 135K Jun 5, 2026 Jun 12, 2026
Cheng Li-Lan · Director Sell −$1K
Price $2.85 Qty −360 Owned 34K Trade date Jun 5, 2026 Filed date Jun 12, 2026
Cheng Li-Lan Director Sell $2.85 −360 −$1K 34K Jun 5, 2026 Jun 12, 2026
Ni Hope · Director Exercise or conversion (M/X/C) -$339
Price $0.01 Qty -34K Owned 102K Trade date May 27, 2026 Filed date Jun 12, 2026
Ni Hope Director Exercise or conversion (M/X/C) $0.01 -34K -$339 102K May 27, 2026 Jun 12, 2026
Ni Hope · Director Grant (A) $339
Price $0.01 Qty 34K Owned 44K Trade date May 27, 2026 Filed date Jun 12, 2026
Ni Hope Director Grant (A) $0.01 34K $339 44K May 27, 2026 Jun 12, 2026
Cheng Li-Lan · Director Exercise or conversion (M/X/C) -$339
Price $0.01 Qty -34K Owned 102K Trade date May 27, 2026 Filed date Jun 12, 2026
Cheng Li-Lan Director Exercise or conversion (M/X/C) $0.01 -34K -$339 102K May 27, 2026 Jun 12, 2026
Cheng Li-Lan · Director Grant (A) $339
Price $0.01 Qty 34K Owned 34K Trade date May 27, 2026 Filed date Jun 12, 2026
Cheng Li-Lan Director Grant (A) $0.01 34K $339 34K May 27, 2026 Jun 12, 2026
Wang Han · CFO Grant (A) $3K
Price $0.01 Qty 330K Owned 2.8M Trade date Apr 17, 2026 Filed date Apr 21, 2026
Wang Han CFO Grant (A) $0.01 330K $3K 2.8M Apr 17, 2026 Apr 21, 2026
7 of 7

Zhihu Inc. (ZH) activist and large shareholders

Dates
Owner/Filer identity Shares reported % of shares outstanding Filing date
Tencent Holdings Ltd 38.1M
% of shares outstanding 15.4% Filing date Nov 12, 2024
Tencent Holdings Ltd 38.1M 15.4% Nov 12, 2024
Zhou Yuan 36.9M
% of shares outstanding 11.6% Filing date Apr 20, 2022
Zhou Yuan 36.9M 11.6% Apr 20, 2022
Kuaishou Technology 20.0M
% of shares outstanding 7.1% Filing date Mar 28, 2022
Kuaishou Technology 20.0M 7.1% Mar 28, 2022
Access Industries Management, LLC 17.9M
% of shares outstanding 6.3% Filing date Feb 20, 2024
Access Industries Management, LLC 17.9M 6.3% Feb 20, 2024
Fil Limited 13.9M
% of shares outstanding 5.6% Filing date Nov 5, 2025
Fil Limited 13.9M 5.6% Nov 5, 2025
Saif IV Mobile Apps (bvi) Ltd 15.0M
% of shares outstanding 4.7% Filing date Jan 31, 2023
Saif IV Mobile Apps (bvi) Ltd 15.0M 4.7% Jan 31, 2023
Innovation Works Development Fund, L.P. 12.7M
% of shares outstanding 4.4% Filing date Jan 22, 2024
Innovation Works Development Fund, L.P. 12.7M 4.4% Jan 22, 2024
Qiming Venture Partners Iii, L.P. 10.2M
% of shares outstanding 3.5% Filing date Feb 8, 2024
Qiming Venture Partners Iii, L.P. 10.2M 3.5% Feb 8, 2024
8 of 9

Zhihu Inc. (ZH) ownership FAQ

Who owns ZH?

50 reporting institutions disclosed ZH position changes in the Q1 2026 snapshot.

How is institutional activity calculated?

For each manager, WhoBought compares accepted consecutive 13F share counts. Share change is current shares minus prior shares. Estimated dollar change is that signed share change multiplied by the split-adjusted quarter-mean close. The activity table on this page uses Q1 2026.

What are activist and large shareholder filings?

An investor crossing 5% of a share class generally files Schedule 13D for activist intent or Schedule 13G for a passive position. The technical form names appear here rather than in the activity rows.

Where does this data come from?

Ownership and institutional activity come from SEC Form 13F filings. Insider activity comes from SEC Form 4, and large-shareholder activity from SEC Schedules 13D and 13G. FMP supplies price data only. Company logos use the local verified Parqet cache with one shared fallback.

Why are ownership reports delayed?

Form 13F is a quarterly disclosure and is normally filed after the quarter ends. Every ownership and activity value therefore names its represented period; it is not presented as a live position.

How are missing table values shown?

A muted dash marks a missing table value. It means the filing omitted the value, comparable data is unavailable, or no prior position exists for comparison.