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Disclosery

ZH ZHIHU INC

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SPONSORED ADS (ADR), issuer CIK 1835724

50 managers (51 13F filers) reported a position in ZH shares at 2025-12-31, 12,481,444 shares in all. 6 filers opened a position and 8 filers sold out during the quarter.

Managers
50
13F filers
51
New
6
Added
10
Reduced
26
Sold out
8
Shares held by filers
12,481,444

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q4 2025

Filers in the available 13F reports with a share position at 2025-12-31, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
ACADIAN ASSET MANAGEMENT LLCin group ACADIAN ASSET MANAGEMENT LLC3,212,733$10.5M0.02%-189,29913F-HRTimelineGroup
FIL Ltdin group FIL Ltd1,952,393$6.36M<0.01%+19,04513F-HRTimelineGroup
VANGUARD GROUP INCin group VANGUARD GROUP INC1,803,704$5.92M<0.01%-73,74613F-HRTimelineGroup
STATE STREET CORPin group STATE STREET CORP887,258$2.91M<0.01%+262,64113F-HRTimelineGroup
E Fund Management (Hong Kong) Co., Ltd.518,652$1.85M0.62%+285,27313F-HRTimeline
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPin group ARROWSTREET CAPITAL, LIMITED …499,281$1.64M<0.01%-591,39213F-HRTimelineGroup
Maven Securities LTDin group Maven Securities LTD466,008$1.53M0.19%+175,03113F-HRTimelineGroup
UBS Group AGin group UBS Group AG436,334$1.43M<0.01%-99,89613F-HRTimelineGroup
MORGAN STANLEYin group MORGAN STANLEY415,396$1.36M<0.01%-741,87713F-HR/ATimelineGroup
Dodge & Cox319,164$1.05M<0.01%+42,26713F-HRTimeline
NORGES BANK244,633$802K<0.01%new13F-HRTimeline
Oasis Management Co Ltd.in group Oasis Management Co Ltd.225,000$738K0.1%013F-HRTimelineGroup
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC150,806$495K<0.01%-490,23713F-HR/ATimelineGroup
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCH…140,523$461K<0.01%013F-HRTimeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO125,387$411K<0.01%+55,80513F-HRTimelineGroup
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC109,469$359K<0.01%-100,78813F-HRTimelineGroup
BNP PARIBAS FINANCIAL MARKETSin group BNP PARIBAS FINANCIAL MARKETS98,356$323K<0.01%+23,96313F-HRTimelineGroup
XTX Topco Ltdin group XTX Topco Ltd87,356$287K0.01%new13F-HRTimelineGroup
AMERICAN CENTURY COMPANIES INCin group AMERICAN CENTURY COMPANIES INC82,517$271K<0.01%+7113F-HRTimelineGroup
California Public Employees Retirement …72,139$237K<0.01%-8113F-HRTimeline
Qube Research & Technologies Ltd65,802$216K<0.01%+37,95913F-HRTimeline
AMERIPRISE FINANCIAL INCin group AMERIPRISE FINANCIAL INC63,401$208K<0.01%+27,31313F-HRTimelineGroup
SEI INVESTMENTS COin group SEI INVESTMENTS CO57,617$189K<0.01%013F-HRTimelineGroup
NEW YORK STATE COMMON RETIREMENT FUND52,144$171K<0.01%013F-HRTimeline
GSA CAPITAL PARTNERS LLP44,878$147K0.01%-107,42113F-HRTimeline
DIVERSIFIED TRUST CO44,184$145K<0.01%013F-HRTimeline
CITIGROUP INCin group CITIGROUP INC35,459$116K<0.01%-113F-HRTimelineGroup
BlackRock, Inc.in group BlackRock, Inc.35,072$115K<0.01%-26,78313F-HRTimelineGroup
NOMURA HOLDINGS INCin group NOMURA ASSET MANAGEMENT CO LTD34,564$113K<0.01%-77,90013F-HRTimelineGroup
MARSHALL WACE, LLPin group MARSHALL WACE, LLP31,300$103K<0.01%-251,66813F-HRTimelineGroup
Invesco Ltd.in group Invesco Ltd.31,234$102K<0.01%-80713F-HRTimelineGroup
TWO SIGMA INVESTMENTS, LPgroup of 2 filers holding30,751$101K+11,934Timeline
HSBC HOLDINGS PLCin group HSBC HOLDINGS PLC21,033$69K<0.01%-38,77913F-HR/ATimelineGroup
Russell Investments Group, Ltd.in group Russell Investments Group, Lt…18,420$60.8K<0.01%-10,38513F-HRTimelineGroup
Point72 Asset Management, L.P.in group Point72 Asset Management, L.P.17,877$58.6K<0.01%new13F-HRTimelineGroup
SUSQUEHANNA INTERNATIONAL GROUP, LLPin group SUSQUEHANNA INTERNATIONAL GRO…15,240$50K<0.01%-131,22313F-HRTimelineGroup
Campbell & CO Investment Adviser LLC12,839$42.1K<0.01%-43,05313F-HRTimeline
SIMPLEX TRADING, LLC10,728$35.2K<0.01%-7,21913F-HRTimeline
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF O…3,385$11.1K<0.01%-186,66413F-HRTimeline
RHUMBLINE ADVISERS2,592$8.5K<0.01%-22813F-HRTimeline
Oakum Bay Capital LLC2,426$7.96K<0.01%13F-HRTimeline
Cedar Wealth Management, LLC1,954$6.41K<0.01%-52913F-HRTimeline
Bell Investment Advisors, Inc416$1.36K<0.01%013F-HRTimeline
Tower Research Capital LLC (TRC)in group Tower Research Capital LLC (T…347$1.14K<0.01%-2,93813F-HRTimelineGroup
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA265$1K<0.01%new13F-HRTimelineGroup
PNC Financial Services Group, Inc.in group PNC Financial Services Group,…113$371<0.01%new13F-HRTimelineGroup
SBI Securities Co., Ltd.105$344<0.01%-8413F-HRTimeline
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/2$7<0.01%-50413F-HRTimelineGroup
TSFG, LLC116$00%013F-HRTimelineValue filed as zero, left out of ratios.
BESSEMER GROUP INCin group BESSEMER GROUP INC71$00%013F-HRTimelineGroupValue filed as zero, left out of ratios.