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
BAMF
376
BI Asset Management Fondsmaeglerselskab
Denmark
$1.75M
Comerica Bank
377
Comerica Bank
Texas
$1.74M
KLCM
378
KG&L Capital Management
Louisiana
$1.74M
BC
379
Bridgefront Capital
Texas
$1.73M
QIM
380
Quest Investment Management
Oregon
$1.72M
Prudential Financial
381
Prudential Financial
New Jersey
$1.71M
BIM
382
Baldwin Investment Management
Pennsylvania
$1.68M
TI
383
TrueMark Investments
Illinois
$1.67M
CCM
384
Cox Capital Management
Massachusetts
$1.67M
SWM
385
Shelton Wealth Management
Texas
$1.62M
WH
386
Wallace Hart
Kentucky
$1.58M
AIP
387
Ameritas Investment Partners
Nebraska
$1.56M
IWA
388
Inspirion Wealth Advisors
Illinois
$1.55M
CIA
389
Concurrent Investment Advisors
Florida
$1.54M
GIBU
390
Gulf International Bank (UK)
United Kingdom
$1.54M
WS
391
Wedbush Securities
California
$1.54M
BAM
392
BOCHK Asset Management
Hong Kong
$1.52M
BBA
393
Baader Bank Aktiengesellschaft
Germany
$1.52M
MYLI
394
Meiji Yasuda Life Insurance
Japan
$1.5M
GPA
395
Guerra Pan Advisors
New Jersey
$1.5M
VSAM
396
Value Star Asset Management
Hong Kong
$1.5M
FCM
397
Firsthand Capital Management
California
$1.5M
TF
398
TLWM Financial
Texas
$1.49M
Brown Advisory
399
Brown Advisory
Maryland
$1.48M
CIBC World Market
400
CIBC World Market
Ontario, Canada
$1.43M