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
IA
551
IFP Advisors
Florida
$500K
AA
552
Armis Advisers
Georgia
$497K
DFCM
553
Dark Forest Capital Management
Puerto Rico
$497K
AAIS
554
ABN AMRO Investment Solutions
$493K
II
555
Inspire Investing
Idaho
$489K
CPA
556
Capital Performance Advisors
California
$486K
BOH
557
Bank of Hawaii
Hawaii
$486K
Empower Advisory Group
558
Empower Advisory Group
Colorado
$482K
LFM
559
LGT Fund Management
Liechtenstein
$481K
VWM
560
Venturi Wealth Management
Texas
$480K
QFW
561
QTR Family Wealth
Florida
$478K
KCP
562
Kera Capital Partners
California
$478K
IAIM
563
International Assets Investment Management
Florida
$477K
PPW
564
Parcion Private Wealth
Washington
$476K
OL
565
Optas LLC
Texas
$474K
RIL
566
Rothschild Investment LLC
Illinois
$473K
WA
567
Westfuller Advisors
New York
$469K
PWM
568
Palumbo Wealth Management
New York
$468K
AWM
569
Accurate Wealth Management
Florida
$468K
WA
570
Waddell & Associates
Tennessee
$465K
SIMG
571
Sonora Investment Management Group
Arizona
$464K
EFS
572
Essex Financial Services
Connecticut
$459K
AWM
573
AE Wealth Management
Kansas
$458K
BPC
574
Bearing Point Capital
Minnesota
$458K
CB
575
Commerce Bank
Missouri
$456K