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
TFA
601
Teamwork Financial Advisors
Texas
$370K
BTI
602
Blue Trust Inc
Georgia
$366K
ECM
603
Evergreen Capital Management
Washington
$365K
AT
604
Avalon Trust
New Mexico
$360K
ML
605
McAdam LLC
Pennsylvania
$353K
AGM
606
Alpine Global Management
New York
$352K
UCFA
607
United Capital Financial Advisors
Texas
$352K
PAG
608
Poinciana Advisors Group
Florida
$351K
S
609
SignatureFD
Georgia
$350K
FFM
610
Forum Financial Management
Illinois
$350K
WDG
611
Wealth Dimensions Group
Ohio
$348K
LSWP
612
Liberty Square Wealth Partners
Pennsylvania
$348K
IG
613
ING Group
Netherlands
$346K
ACS
614
Archford Capital Strategies
Illinois
$346K
SAM
615
Smartleaf Asset Management
Massachusetts
$341K
NYLIM
616
New York Life Investment Management
New York
$341K
AWA
617
Arete Wealth Advisors
Illinois
$340K
KAM
618
Kazazian Asset Management
Florida
$339K
SW
619
SteelPeak Wealth
California
$336K
QPBE
620
Quintet Private Bank (Europe)
Luxembourg
$336K
AC
621
Avestar Capital
New York
$331K
AFC
622
AFT Forsyth & Company
Florida
$324K
HAG
623
HighPoint Advisor Group
Illinois
$323K
PIM
624
Plato Investment Management
Australia
$321K
II
625
Impact Investors
California
$319K