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

13F Institutional Holders and Ownership History from Q2 2024 to Q4 2025

Type / Class
Equity / Class A ordinary shares, par value US$0.000125 per share
Symbol
ZH on NYSE
Shares outstanding
254,305,520
Price per share
$3.28
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
14,911,408
Total reported value
$75,789,032
% of total 13F portfolios
0%
Share change
+372,134
Value change
+$5,738,592
Number of holders
53
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Plus Channel Ltd 10% +11% $98,416,236 +$9,758,263 25,430,552 +11% Plus Channel Limited 19 Dec 2025
Innovation Works Development Fund, L.P. 0.8% $6,797,295 1,914,731 Kai-Fu Lee 31 Dec 2024

As of 30 Sep 2025, 53 institutional investors reported holding 14,911,408 shares of Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH). This represents 5.9% of the company’s total 254,305,520 outstanding shares.

Institutional Holders of Zhihu Inc. - Class A ordinary shares, par value US$0.000125 per share (ZH) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 44,184 $144,923 $3.28 1
2025 Q3 14,911,408 $75,789,032 +$5,738,592 $5.07 53
2025 Q2 14,737,675 $58,616,002 -$5,371,233 $3.98 60
2025 Q1 16,068,845 $68,489,366 +$12,489,522 $4.27 55
2024 Q4 13,134,757 $46,481,875 +$2,677,289 $3.54 47
2024 Q3 11,679,834 $44,958,646 +$16,244,562 $3.85 46
2024 Q2 7,608,159 $20,765,065 +$20,765,071 $2.73 34