886 hedge funds and large institutions have $24.5B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 129 funds opening new positions, 367 increasing their positions, 252 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

less call options, than puts

Call options by funds: $ | Put options by funds: $

1.69% less ownership

Funds ownership: 53.23%51.54% (-1.7%)

6% less capital invested

Capital invested by funds: $26B → $24.5B (-$1.5B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

Holders
886
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.82B
Puts
$1.94B
Net Calls
Net Calls Change

Top Buyers

1 +$323M
2 +$220M
3 +$196M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$160M
5
BlackRock
BlackRock
New York
+$128M

Top Sellers

1 -$371M
2 -$307M
3 -$220M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$193M
5
Two Sigma Advisers
Two Sigma Advisers
New York
-$164M
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
226
US Bancorp
Minnesota
$6.46M
Los Angeles Capital Management
227
Los Angeles Capital Management
California
$6.45M
II
228
IFM Investors
Australia
$6.42M
LI
229
LMCG Investments
Massachusetts
$6.25M
BPA
230
Beacon Pointe Advisors
California
$6.18M
X
231
Xponance
Pennsylvania
$6.08M
EP
232
Edgestream Partners
New Jersey
$6.04M
IMPI
233
Ilmarinen Mutual Pension Insurance
Finland
$5.98M
WAM
234
Weatherly Asset Management
California
$5.94M
SC
235
Savant Capital
Illinois
$5.82M
BS
236
Banco Santander
Spain
$5.62M
AAM
237
Azzad Asset Management
Virginia
$5.54M
MCM
238
Mitchell Capital Management
Kansas
$5.51M
OA
239
Oak Associates
Ohio
$5.48M
Mercer Global Advisors
240
Mercer Global Advisors
Colorado
$5.48M
IEFM
241
IQ EQ Fund Management
Ireland
$5.45M
MML Investors Services
242
MML Investors Services
Massachusetts
$5.44M
UIM
243
USS Investment Management
United Kingdom
$5.43M
IGAM
244
iA Global Asset Management
Quebec, Canada
$5.4M
JF
245
Jump Financial
Illinois
$5.32M
SCM
246
Shelton Capital Management
Colorado
$5.2M
Jones Financial Companies
247
Jones Financial Companies
Missouri
$5.02M
SC
248
Scotia Capital
Ontario, Canada
$4.98M
KF
249
Krilogy Financial
Missouri
$4.95M
URS
250
Utah Retirement Systems
Utah
$4.83M