Rheos Capital Works’s Zscaler ZS Stock Holding History

Rheos Capital Works’s Portfolio ZS Stock Details ZS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-79,000	Closed	-$17.8M	–	79
2025 Q4	$17.8M	Hold	79,000	–	–	1.14%	33
2025 Q3	$23.7M	Sell	79,000 -12,000	-13%	-$3.42M	1.32%	32
2025 Q2	$28.6M	Buy	+91,000	New	+$22.7M	1.64%	19
2022 Q3	–	Sell	-19,800	Closed	-$2.96M	–	148
2022 Q2	$2.96M	Hold	19,800	–	–	0.22%	118
2022 Q1	$4.78M	Hold	19,800	–	–	0.23%	116
2021 Q4	$6.36M	Hold	19,800	–	–	0.28%	105
2021 Q3	$5.19M	Buy	19,800 +4,500	+29%	+$1.13M	0.27%	99
2021 Q2	$3.31M	Hold	15,300	–	–	0.17%	98
2021 Q1	$2.63M	Hold	15,300	–	–	0.17%	85
2020 Q4	$3.06M	Hold	15,300	–	–	0.22%	76
2020 Q3	$2.15M	Sell	15,300 -29,000	-65%	-$3.76M	0.18%	70
2020 Q2	$4.85M	Buy	+44,300	New	+$3.68M	0.34%	53

Other funds holding ZS

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Rheos Capital Works's ZS Position: Q1 2026 in Review

Rheos Capital Works sold out of Zscaler (ZS) in Q1 2026, closing a stake of 79,000 shares — an estimated $17.8M sold.

Rheos Capital Works first reported a position in ZS in Q2 2020 and held it in 12 quarters. The position peaked at $28.6M in Q2 2025. 744 funds tracked by Wall St. Rank hold ZS as of Q1 2026.

Rheos Capital Works reported no remaining Zscaler position as of Q1 2026 after selling out during the quarter.
Rheos Capital Works sold 79,000 Zscaler shares in Q1 2026, an estimated $17.8M.
Rheos Capital Works first reported a position in Zscaler in Q2 2020 and held it in 12 quarters.
Rheos Capital Works's Zscaler position peaked at $28.6M in Q2 2025.
744 funds tracked by Wall St. Rank held Zscaler as of Q1 2026.

Based on Rheos Capital Works's 13F filing for Q1 2026, filed 8 May 2026.