Zhihu Inc (ZH) Ownership
ZH ownership summary
as of October 18, 2026- Institutions
- 16.5% of shares outstanding
- Insiders
- 10.09% of shares outstanding
- Shares outstanding
- 78.9M
- Float
- 30.2M shares available to trade
- Short interest
- 1.38% 807K shares short
- Days to cover
- 1.27 short interest down 25.1% vs prior month
- Institutions 16.49%
- Insiders 10.09%
- Other investors 73.43%
ZH top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Fidelity International Ltd | 4.13% | 3.6M | $12.3M | +1.7M (+87.8%) | June 30, 2026 |
| 2 | Acadian Asset Management LLC | 3.34% | 2.9M | $10.0M | −288,085 (−8.9%) | June 30, 2026 |
| 3 | The Goldman Sachs Group Inc | 0.66% | 578K | $2.0M | +83,457 (+16.9%) | June 30, 2026 |
| 4 | E Fund Management Co., Ltd. | 0.58% | 508K | $1.7M | −156,652 (−23.6%) | June 30, 2026 |
| 5 | E Fund Management (HK) Co., Ltd | 0.58% | 508K | $1.7M | −156,652 (−23.6%) | June 30, 2026 |
| 6 | Dodge & Cox | 0.57% | 501K | $1.7M | +20,000 (+4.2%) | June 30, 2026 |
| 7 | State Street Corp | 0.53% | 469K | $1.6M | −141,895 (−23.2%) | June 30, 2026 |
| 8 | UBS Group AG | 0.52% | 455K | $1.5M | +7,082 (+1.6%) | June 30, 2026 |
| 9 | MAVEN SECURITIES Ltd | 0.45% | 400K | $1.4M | −79,369 (−16.5%) | June 30, 2026 |
| 10 | Morgan Stanley - Brokerage Accounts | 0.26% | 233K | $789,660 | −81,995 (−26.0%) | June 30, 2026 |
| 11 | Oasis Management Co. Ltd | 0.26% | 225K | $762,750 | — | March 31, 2026 |
| 12 | Harvest Fund Management Co., Ltd | 0.24% | 210K | $711,900 | +210,000 (0.0%) | June 30, 2026 |
| 13 | Arrowstreet Capital Limited Partnership | 0.19% | 168K | $570,388 | +18,170 (+12.1%) | June 30, 2026 |
| 14 | Jane Street Group LLC | 0.17% | 148K | $502,228 | −155,479 (−51.2%) | June 30, 2026 |
| 15 | XTX Topco Ltd | 0.15% | 133K | $451,582 | −2,410 (−1.8%) | June 30, 2026 |
| 16 | Citadel Advisors Llc | 0.13% | 112K | $379,056 | +70,432 (+170.2%) | June 30, 2026 |
| 17 | JPMorgan Chase & Co | 0.12% | 105K | $354,475 | −9,295 (−8.2%) | June 30, 2026 |
| 18 | SEI Investments Co | 0.12% | 104K | $351,228 | −25,595 (−19.8%) | June 30, 2026 |
| 19 | Two Sigma Investments LLC | 0.11% | 99K | $337,163 | +85,090 (+592.2%) | June 30, 2026 |
| 20 | BNP Paribas Arbitrage, SA | 0.11% | 96K | $325,016 | −22,981 (−19.3%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 8 holders added 2.2M shares and 11 cut 1.1M.
ZH top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Fidelity China Special Situations Ord | 2.56% | 2.2M | $7.3M | +274,378 (+14.6%) | June 30, 2026 |
| 2 | Fidelity Pacific A-Dis-USD | 1.10% | 931K | $3.2M | −1,571 (−0.2%) | August 31, 2026 |
| 3 | Foord Asia ex-Japan Fund R1 USD Acc | 0.87% | 735K | $2.5M | +734,782 (0.0%) | September 30, 2026 |
| 4 | E Fund (HK) China Equity Div I HKD Inc | 0.60% | 508K | $1.7M | −83,423 (−14.1%) | June 30, 2026 |
| 5 | Dodge & Cox Emerging Markets Stock | 0.58% | 486K | $1.6M | +20,000 (+4.3%) | June 30, 2026 |
| 6 | Jacob Internet Inv | 0.30% | 255K | $864,450 | +10,000 (+4.1%) | June 30, 2026 |
| 7 | Harvest Glbl Internet Eq USD Cash QDII | 0.25% | 210K | $711,900 | +210,000 (0.0%) | June 30, 2026 |
| 8 | Jacob Discovery Fd Instl | 0.15% | 127K | $431,771 | — | June 30, 2026 |
| 9 | BSF Systematic APAC Eq Abs Rt Z2 USD | 0.11% | 95K | $323,125 | +95,317 (0.0%) | December 31, 2025 |
| 10 | State Street® SPDR® Portfolio EM ETF | 0.10% | 81K | $276,187 | — | September 30, 2026 |
| 11 | State Street Clmt Trans EM Enh Eq I USD | 0.09% | 79K | $267,810 | — | July 31, 2026 |
| 12 | Acadian Emerg Mkts Eq II A USD Acc | 0.09% | 73K | $248,504 | — | September 30, 2026 |
| 13 | SEI World Equity Ex-US A (SIIT) | 0.08% | 71K | $240,049 | — | September 30, 2026 |
| 14 | Avantis Emerging Markets Equity ETF | 0.07% | 55K | $185,867 | — | September 30, 2026 |
| 15 | Fidelity China Innovation Y-Acc-USD | 0.06% | 53K | $179,487 | +8 (+0.0%) | August 31, 2026 |
| 16 | Jacob Small Cap Growth Investor | 0.06% | 51K | $172,890 | +3,000 (+6.2%) | June 30, 2026 |
| 17 | Columbia Greater China Inst | 0.06% | 50K | $169,856 | — | September 30, 2026 |
| 18 | Voya Multi-Manager International Sm Cp A | 0.04% | 38K | $127,193 | — | June 30, 2026 |
| 19 | Harbor International Core Investor | 0.04% | 31K | $105,273 | — | September 30, 2026 |
| 20 | Invesco Golden Dragon China ETF | 0.03% | 26K | $88,123 | — | September 30, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
ZH shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns ZH
Institutional investors own 16.5% of Zhihu's shares and insiders 10.09%. The largest holder is Fidelity International Ltd with 4.13% of the shares (3.6M), as of June 30, 2026. Among the top 20 institutions, 8 added shares and 11 reduced their stake in the latest filings. Short interest is 1.38% of the float, or 1.27 days of average trading volume. The share count fell 82.3% since 2018.
Related: ZH analyst forecast. See the ZH stock overview for the latest quote and news.
ZH ownership FAQ
Who owns the most Zhihu stock?
The largest shareholders of Zhihu are Fidelity International Ltd (4.13%), Acadian Asset Management LLC (3.34%), The Goldman Sachs Group Inc (0.66%), E Fund Management Co., Ltd. (0.58%), E Fund Management (HK) Co., Ltd (0.58%).
What percentage of Zhihu is owned by institutions?
Institutions hold 16.5% of Zhihu's shares outstanding; insiders hold 10.09%.
Which funds own Zhihu?
The largest fund holders of Zhihu are Fidelity China Special Situations Ord (2.56%), Fidelity Pacific A-Dis-USD (1.10%), Foord Asia ex-Japan Fund R1 USD Acc (0.87%), E Fund (HK) China Equity Div I HKD Inc (0.60%), Dodge & Cox Emerging Markets Stock (0.58%).
What is Zhihu's short interest?
807K shares of Zhihu were sold short, 1.38% of the float; at the average daily volume it would take 1.27 days to cover.
How many shares of Zhihu are outstanding?
Zhihu has 78.9M shares outstanding, of which 30.2M are in the public float.