902 hedge funds and large institutions have $24.4B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 128 funds opening new positions, 376 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:

more funds holding

Funds holding:

less call options, than puts

Call options by funds: $ | Put options by funds: $

1.89% less ownership

Funds ownership: 53.46%51.57% (-1.9%)

6% less capital invested

Capital invested by funds: $26.1B → $24.4B (-$1.65B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

Holders
902
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 +$307M
2 +$211M
3 +$186M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$152M
5
BlackRock
BlackRock
New York
+$122M

Top Sellers

1 -$353M
2 -$292M
3 -$210M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$184M
5
Two Sigma Advisers
Two Sigma Advisers
New York
-$156M
Name Holding Trade Value Shares
Change
Change in
Stake
FCM
401
Firsthand Capital Management
California
$1.5M
TF
402
TLWM Financial
Texas
$1.49M
Brown Advisory
403
Brown Advisory
Maryland
$1.48M
CIBC World Market
404
CIBC World Market
Ontario, Canada
$1.43M
OIAM
405
OFI Invest Asset Management
France
$1.43M
KIC
406
Kensington Investment Counsel
California
$1.42M
MSRPS
407
Maryland State Retirement & Pension System
Maryland
$1.42M
SC
408
Stance Capital
Massachusetts
$1.42M
DILIC
409
Dai-ichi Life Insurance Company
Japan
$1.41M
VA
410
VestGen Advisors
Illinois
$1.37M
ALMGDA
411
AG2R La Mondiale Gestion d'Actifs
France
$1.33M
NB
412
Norinchukin Bank
Japan
$1.32M
NAM
413
NorthCrest Asset Manangement
Minnesota
$1.31M
DGM
414
Delta Global Management
New York
$1.31M
Capstone Investment Advisors
415
Capstone Investment Advisors
New York
$1.31M
OC
416
Oppenheimer & Co
New York
$1.3M
BCI
417
Brinker Capital Investments
Pennsylvania
$1.3M
Principal Financial Group
418
Principal Financial Group
Iowa
$1.28M
TFIPS
419
Towarzystwo Funduszy Inwestycyjnych PZU SA
$1.24M
RP
420
Riverbridge Partners
Minnesota
$1.24M
VCM
421
Virtue Capital Management
Tennessee
$1.24M
TMAM
422
Tokio Marine Asset Management
Japan
$1.24M
DT
423
Diversified Trust
Tennessee
$1.23M
WFC
424
Western Financial Corp
California
$1.23M
MF
425
Magnetar Financial
Illinois
$1.23M