896 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, 372 increasing their positions, 254 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: $

1.88% less ownership

Funds ownership: 53.45%51.58% (-1.9%)

6% less capital invested

Capital invested by funds: $26.1B → $24.5B (-$1.64B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

Holders
896
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
B
376
Bailard
California
$1.77M
AAM
377
Advisors Asset Management
Colorado
$1.76M
BAMF
378
BI Asset Management Fondsmaeglerselskab
Denmark
$1.75M
Comerica Bank
379
Comerica Bank
Texas
$1.74M
KLCM
380
KG&L Capital Management
Louisiana
$1.74M
BC
381
Bridgefront Capital
Texas
$1.73M
QIM
382
Quest Investment Management
Oregon
$1.72M
Prudential Financial
383
Prudential Financial
New Jersey
$1.71M
BIM
384
Baldwin Investment Management
Pennsylvania
$1.68M
TI
385
TrueMark Investments
Illinois
$1.67M
CCM
386
Cox Capital Management
Massachusetts
$1.67M
FIA
387
FNY Investment Advisers
New York
$1.65M
SWM
388
Shelton Wealth Management
Texas
$1.62M
WH
389
Wallace Hart
Kentucky
$1.58M
AIP
390
Ameritas Investment Partners
Nebraska
$1.56M
IWA
391
Inspirion Wealth Advisors
Illinois
$1.55M
CIA
392
Concurrent Investment Advisors
Florida
$1.54M
GIBU
393
Gulf International Bank (UK)
United Kingdom
$1.54M
WS
394
Wedbush Securities
California
$1.54M
BAM
395
BOCHK Asset Management
Hong Kong
$1.52M
BBA
396
Baader Bank Aktiengesellschaft
Germany
$1.52M
MYLI
397
Meiji Yasuda Life Insurance
Japan
$1.5M
GPA
398
Guerra Pan Advisors
New Jersey
$1.5M
VSAM
399
Value Star Asset Management
Hong Kong
$1.5M
FCM
400
Firsthand Capital Management
California
$1.5M