Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Kanzhun Limited (BZ)

255 + Investors. Track Smart Money conviction in BZ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
56%

Smart Money Signals — BZ

Based on 255 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
255 hedge funds hold BZ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

154 buying120 selling
Last quarter: 154 funds bought or added vs 120 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 29 → 52 → 45 → 39. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 29% medium ■ 20% new
129 out of 255 hedge funds have held BZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -1%, value -39%

Value
-38%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -39%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~39 new funds/quarter

52 → 29 → 52 → 45 → 39 new funds/Q
New funds entering each quarter: 29 → 52 → 45 → 39. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 27% newcomers

■ 59% veterans ■ 14% 1-2yr ■ 27% new
Entry-cohort mix of 260 holders: 153 (59%) are 2+ year veterans, 36 entered 1–2 years ago, and 71 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
54 of 255 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in BZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BZ

In 2026 Q1, 154 hedge funds were net buyers of BZ (39 opened a new position, 115 added to an existing one), while 120 reduced or exited (74 trimmed, 46 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 43% of total institutional value in BZ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 255.

Hedge Fund Ownership: BZ

How many hedge funds hold BZ — quarterly history vs. share price
Quarterly hedge fund ownership of BZ vs. share price

Market Analysis: BZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BZ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Kanzhun Limited (BZ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BZ has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
BZ
-1.4%
XLC
+0.7%

BZ outperformed XLC by -2.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
BZ
-6.2%
XLC
-3.8%

Since the filing became public, BZ outperformed XLC by -2.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 5 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
4.4
/ 10
conviction
Hedge Fund Positioning: BZ
255 + Investors

Track Smart Money conviction in BZ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 255 262 -2.67%
13F Shares 310M 314M -1.32%
Total Value $3.87B $6.31B -38.61%
New Positions 39 45 -6
Increased Positions 114 119 -5
Closed Positions 46 32 +14
Reduced Positions 72 63 +9
Total Calls 2 5 -60.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.5 0.6 Bearish

Statistics: BZ

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

255 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BZ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Notable Capital Management, L.L.C. 59.04% 2,354,269 $31.5M
2 CoreView Capital Management Ltd 29.69% 10,480,785 $140.3M
3 Brilliance Asset Management Ltd 19.67% 4,980,130 $66.7M
4 Fourier Capital Management Ltd 10.09% 754,424 $10.1M
5 Rwc Asset Advisors (us) LLC 8.38% 2,906,069 $38.9M
6 Krane Funds Advisors LLC 7.92% 14,227,567 $192.8M
7 Perseverance Asset Management International 6.32% 4,287,565 $57.4M
8 Matthews International Capital Management LLC 3.78% 696,617 $9.3M
9 Eschler Asset Management LLP 3.34% 250,000 $3.3M
10 UG Investment Advisers Ltd. 2.68% 296,444 $4.0M
11 HSG Holding Ltd 1.71% 1,900,000 $27.8M
12 Boundless Plain Holdings Ltd 1.24% 281,563 $3.8M
13 AlpInvest Partners B.V. 1.06% 39,340 $527K
14 E Fund Management (Hong Kong) Co., Ltd. 0.90% 146,994 $2.0M
15 Thornburg Investment Management Inc 0.87% 6,232,846 $83.5M
16 E Fund Management Co., Ltd. 0.69% 1,739,331 $23.3M
17 Dymon Asia Capital (singapore) PTE. LTD. 0.69% 500,000 $6.7M
18 Headwater Capital Co Ltd 0.65% 300,000 $4.0M
19 Oakum Bay Capital LLC 0.58% 80,459 $1.1M
20 Capital Today Evergreen Fund, L.P. 0.56% 71,767 $961K
21 RWC Asset Management LLP 0.48% 856,154 $11.5M
22 Jupiter Asset Management Ltd 0.35% 4,941,800 $66.2M
23 Ashoka WhiteOak Capital Pte Ltd 0.34% 67,900 $906K
24 Legacy Wealth Asset Management, LLC 0.33% 99,945 $1.3M
25 Schroder Investment Management Group 0.29% 26,614,992 $356.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Kanzhun Limited (BZ)

What does the Smart Money Trend signal show for BZ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BZ?

Slight buying edge — 56% buying: Last quarter: 154 funds bought or added vs 120 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BZ holders?

Elite ownership — 43% AUM from top-100 funds: 54 of 255 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in BZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BZ?

51% of holders stayed for 2+ years: 129 out of 255 hedge funds have held BZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Kanzhun Limited (BZ) following the 2026 Q1 hedge fund 13F filings?

As of today, BZ has moved -6.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of -2.4%. Since the quarter end (March 31, 2026), BZ has gained -1.4% vs +0.7% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →