887 hedge funds and large institutions have $24.5B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 130 funds opening new positions, 367 increasing their positions, 252 reducing their positions, and 114 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
887
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
RIM
251
Rakuten Investment Management
Japan
$4.79M
GPGA
252
Grandeur Peak Global Advisors
Utah
$4.72M
PFSRSONJ
253
Police & Firemen's Retirement System of New Jersey
New Jersey
$4.72M
GAM
254
Groupama Asset Management
France
$4.71M
QC
255
Quadrature Capital
United Kingdom
$4.54M
TI
256
Trexquant Investment
Connecticut
$4.45M
BCIM
257
British Columbia Investment Management
British Columbia, Canada
$4.36M
KAS
258
Kestra Advisory Services
Texas
$4.33M
EAM
259
Erste Asset Management
Austria
$4.32M
FWC
260
First Washington Corp
Washington
$4.25M
MP
261
Munro Partners
Australia
$4.22M
CAPTRUST Financial Advisors
262
CAPTRUST Financial Advisors
North Carolina
$4.21M
PIWA
263
Prevail Innovative Wealth Advisors
Kansas
$4.21M
YDMI
264
Y.D. More Investments
Israel
$4.21M
TFS
265
Thoroughbred Financial Services
Tennessee
$4.04M
RSC
266
Red Spruce Capital
Pennsylvania
$4.03M
YIH
267
Y-Intercept (HK)
Hong Kong
$4M
HWAM
268
Hennion & Walsh Asset Management
New Jersey
$3.99M
Teacher Retirement System of Texas
269
Teacher Retirement System of Texas
Texas
$3.97M
MC
270
MIG Capital
California
$3.97M
VAS
271
Valicenti Advisory Services
New York
$3.96M
VPIM
272
Vanguard Personalized Indexing Management
California
$3.88M
Bank Julius Baer & Co
273
Bank Julius Baer & Co
Switzerland
$3.86M
VCM
274
Voleon Capital Management
California
$3.79M
Rockefeller Capital Management
275
Rockefeller Capital Management
New York
$3.79M