Zscaler
279 hedge funds and large institutions have $3.27B invested in Zscaler in 2020 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 96 increasing their positions, 79 reducing their positions, and 52 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
56% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 52
36% more capital invested
Capital invested by funds: $2.41B → $3.27B (+$858M)
22% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 79
10% more funds holding
Funds holding: 253 → 279 (+26)
1.15% more ownership
Funds ownership: 40.58% → 41.73% (+1.1%)
18% less call options, than puts
Call options by funds: $193M | Put options by funds: $237M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$111M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$93.7M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$66M |
| 4 |
BlackRock
New York
|
+$53.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$160M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$39.9M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
-$29.7M |
| 5 |
Two Sigma Advisers
New York
|
-$24.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
326
Tower Research Capital (TRC)
New York
| – | -$2K | -44 | Closed |
|
327
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$1K | -23 | Closed |
|
|
PA
328
Parallel Advisors
San Francisco,
California
| – | +$165 | +3 | New |
|
ZS Hedge Fund Activity: Q1 2020 in Review
279 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q1 2020, worth a combined $3.27B — up 36% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new ZS positions and 52 closed out — a net gain of 29 holders — while 96 added to existing stakes and 79 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $111M. The largest seller was Nuveen, cutting an estimated $160M.
- 279 institutional investors held Zscaler (ZS) as of Q1 2020, up from 253 in Q4 2019.
- Funds reported $3.27B of Zscaler stock for Q1 2020, up 36% quarter-over-quarter.
- 81 funds opened new Zscaler positions in Q1 2020 and 52 closed out, a net change of +29 holders.
- The largest Zscaler buyer in Q1 2020 was Whale Rock Capital Management, an estimated $111M added.
- The largest Zscaler seller in Q1 2020 was Nuveen, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2020.