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
PGCM
351
Prescott Group Capital Management
Oklahoma
$2.1M
N
352
Numerai
California
$2.09M
GRP
353
Global Retirement Partners
California
$2.09M
ETCM
354
Evolutionary Tree Capital Management
Virginia
$2.06M
N
355
Natixis
France
$2.05M
MR
356
Munich Reinsurance
$2.05M
CUAMC
357
China Universal Asset Management Company
China
$2.01M
GWM
358
Geneos Wealth Management
Colorado
$1.99M
SS
359
SBI Securities
Japan
$1.98M
NSB
360
Norway Savings Bank
Maine
$1.95M
PFG
361
Prosperity Financial Group
California
$1.94M
AF
362
Avanza Fonder
Sweden
$1.94M
BJL
363
Brighton Jones LLC
Washington
$1.91M
NA
364
NewEdge Advisors
Louisiana
$1.91M
LS
365
Leelyn Smith
Illinois
$1.91M
MWM
366
Mission Wealth Management
California
$1.88M
MIM
367
MetLife Investment Management
New Jersey
$1.87M
AV
368
ASR Vermogensbeheer
Netherlands
$1.85M
Lido Advisors
369
Lido Advisors
California
$1.85M
KRS
370
Kentucky Retirement Systems
Kentucky
$1.84M
SCM
371
Sandler Capital Management
New York
$1.82M
SFG
372
Synergy Financial Group
California
$1.8M
IIM
373
Ironwood Investment Management
Massachusetts
$1.79M
B
374
Bailard
California
$1.77M
AAM
375
Advisors Asset Management
Colorado
$1.76M