Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH)

Q: What does CUSIP 98955N207 represent in this 13F holders report?

CUSIP 98955N207 is the security identifier for ZH - Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share used to aggregate holder disclosures.

Q: How many institutions held ZH - Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share in Q2 2025?

60 institutional investors reported ZH - Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share for Q2 2025. Use the holders table for investor-level position and value details.

CUSIP: 98955N207

Q2 2025 13F Holders as of 30 Jun 2025

Type / Class: Equity / Class A ordinary shares, par value US$0.000125 per share
Shares outstanding: 254,305,520
Total 13F shares: 14,737,675
Share change: -1,330,232
Total reported value: $58,616,002
Put/Call ratio: 554%
Price per share: $3.98
Number of holders: 60
Value change: -$5,371,244
Number of buys: 28
Number of sells: 28

Quarterly Holders Quick Answers

What is CUSIP 98955N207?
CUSIP 98955N207 identifies ZH - Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share in SEC institutional holdings data.

Need full ownership history?
Open the full security ownership history page.

Next holder-history checks

These links keep the next click tied to holder verification, nearby quarters, or outside-13F ownership context.

Back to full security ownership history for the broader multi-quarter picture.
Latest 13F filings for newly reported positions across managers.
Latest Schedule 13D/13G reports for ownership changes outside the 13F cadence.
SEC investors directory for manager drilldown.

Explore More Reporting Periods

Jump to adjacent filing periods for faster comparison and easier crawl discovery.

Newer quarter: Q3 2025
Previous quarter: Q1 2025

Recent filing periods for CUSIP 98955N207:

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024

Top shareholders of ZH - Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.

Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

Holder	Source	Role / Reporting	Ownership %	Shares	Holdings Value	12M Net Δ	As of	Details
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC	13F	Company	— class O/S missing	3,652,757	$15,597,272	—	31 Mar 2025	13F
ACADIAN ASSET MANAGEMENT LLC	13F	Company	1.2%	2,941,056	$12,526,000	—	31 Mar 2025	13F
VANGUARD GROUP INC	13F	Company	1.1%	2,813,008	$12,011,545	—	31 Mar 2025	13F
Innovation Works Development Fund, L.P.	13D/G	Kai-Fu Lee	0.8%	1,914,731	$7,486,598	$0	31 Dec 2024	13D/G
MY.Alpha Management HK Advisors Ltd	13F	Company	0.67%	1,693,544	$7,231,433	—	31 Mar 2025	13F
FIL Ltd	13F	Company	0.6%	1,525,175	$6,419,892	—	31 Mar 2025	13F
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	13F	Company	0.43%	1,105,349	$4,719,840	—	31 Mar 2025	13F
MORGAN STANLEY	13F	Company	0.26%	652,841	$2,787,632	—	31 Mar 2025	13F
STATE STREET CORP	13F	Company	0.2%	506,792	$2,164,002	—	31 Mar 2025	13F
MILLENNIUM MANAGEMENT LLC	13F	Company	0.18%	466,554	$1,992,186	—	31 Mar 2025	13F
CITADEL ADVISORS LLC	13F	Company	0.18%	449,613	$1,919,848	—	31 Mar 2025	13F
GROUP ONE TRADING LLC	13F	Company	0.16%	409,159	$1,747,109	—	31 Mar 2025	13F
MARSHALL WACE, LLP	13F	Company	0.12%	299,064	$1,277,002	—	31 Mar 2025	13F
SUSQUEHANNA INTERNATIONAL GROUP, LLP	13F	Company	0.08%	208,031	$888,292	—	31 Mar 2025	13F
GOLDMAN SACHS GROUP INC	13F	Company	0.08%	205,473	$877,370	—	31 Mar 2025	13F
JANE STREET GROUP, LLC	13F	Company	0.08%	204,251	$872,151	—	31 Mar 2025	13F
NATIONAL BANK OF CANADA /FI/	13F	Company	0.08%	200,901	$857,847	—	31 Mar 2025	13F
Cubist Systematic Strategies, LLC	13F	Company	0.08%	190,786	$814,656	—	31 Mar 2025	13F
UBS Group AG	13F	Company	0.07%	190,294	$812,556	—	31 Mar 2025	13F
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	13F	Company	0.07%	190,049	$811,509	—	31 Mar 2025	13F
BANK OF AMERICA CORP /DE/	13F	Company	0.06%	145,569	$621,580	—	31 Mar 2025	13F
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	13F	Company	0.06%	140,523	$600,033	—	31 Mar 2025	13F
Walleye Capital LLC	13F	Company	0.05%	126,426	$539,839	—	31 Mar 2025	13F
E Fund Management (Hong Kong) Co., Ltd.	13F	Company	0.04%	113,099	$483,000	—	31 Mar 2025	13F
E Fund Management Co., Ltd.	13F	Company	0.04%	113,099	$482,933	—	31 Mar 2025	13F
NOMURA HOLDINGS INC	13F	Company	0.04%	112,464	$480,221	—	31 Mar 2025	13F
Jump Financial, LLC	13F	Company	0.04%	100,875	$430,736	—	31 Mar 2025	13F
SIMPLEX TRADING, LLC	13F	Company	0.04%	95,094	$406,000	—	31 Mar 2025	13F
RENAISSANCE TECHNOLOGIES LLC	13F	Company	0.03%	87,611	$374,099	—	31 Mar 2025	13F
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	13F	Company	0.03%	84,899	$362,519	—	31 Mar 2025	13F
DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD.	13F	Company	0.03%	82,700	$353,129	—	31 Mar 2025	13F
BNP PARIBAS FINANCIAL MARKETS	13F	Company	0.03%	78,269	$334,209	—	31 Mar 2025	13F
PFG Investments, LLC	13F	Company	0.03%	76,500	$326,655	—	31 Mar 2025	13F
SEI INVESTMENTS CO	13F	Company	0.02%	57,617	$246,025	—	31 Mar 2025	13F
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	13F	Company	0.02%	56,100	$239,547	—	31 Mar 2025	13F
NEW YORK STATE COMMON RETIREMENT FUND	13F	Company	0.02%	52,144	$222,655	—	31 Mar 2025	13F
WOLVERINE TRADING, LLC	13F	Company	0.02%	46,252	$199,346	—	31 Mar 2025	13F
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.	13F	Company	0.02%	40,000	$170,800	—	31 Mar 2025	13F
Centiva Capital, LP	13F	Company	0.01%	37,056	$158,229	—	31 Mar 2025	13F
Invesco Ltd.	13F	Company	0.01%	35,056	$149,689	—	31 Mar 2025	13F
HSBC HOLDINGS PLC	13F	Company	0.01%	29,458	$123,134	—	31 Mar 2025	13F
CITIGROUP INC	13F	Company	0.01%	21,228	$90,644	—	31 Mar 2025	13F
Russell Investments Group, Ltd.	13F	Company	0.01%	18,619	$80,247	—	31 Mar 2025	13F
BlackRock, Inc.	13F	Company	0.01%	18,147	$77,488	—	31 Mar 2025	13F
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	13F	Company	0.01%	12,798	$54,648	—	31 Mar 2025	13F
Belvedere Trading LLC	13F	Company	0%	12,589	$53,755	—	31 Mar 2025	13F
TWO SIGMA ADVISERS, LP	13F	Company	0%	11,966	$51,095	—	31 Mar 2025	13F
RHUMBLINE ADVISERS	13F	Company	0%	2,886	$12,328	—	31 Mar 2025	13F
Point72 Asia (Singapore) Pte. Ltd.	13F	Company	0%	2,525	$10,782	—	31 Mar 2025	13F
Cedar Wealth Management, LLC	13F	Company	0%	2,483	$10,602	—	31 Mar 2025	13F

Institutional Holders of Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH) as of Q2 2025

As of 30 Jun 2025, Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH) was held by 60 institutional shareholders that filed Form 13F with the SEC. Together, they reported ownership of 14,737,675 shares. The largest 10 holders included ACADIAN ASSET MANAGEMENT LLC, VANGUARD GROUP INC, NORGES BANK, MY.Alpha Management HK Advisors Ltd, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, MORGAN STANLEY, FIL Ltd, STATE STREET CORP, MILLENNIUM MANAGEMENT LLC, and JANE STREET GROUP, LLC. This page lists 60 institutional shareholders reporting positions in this security for the Q2 2025 filing period.

Investor	Option	Weight %	Change %	Value $	* Price	Shares	Share Change	Activity	Report Period

Compare Q2 2025 vs Q1 2025 Across Filers

Q1 2025 holders

Q2 2025 holders

Holder diff

Investor	Q1 2025 Shares	Q2 2025 Shares	Share Diff	Share Chg %	Q1 2025 Value $	Q2 2025 Value $	Value Diff $	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.