890 hedge funds and large institutions have $24.5B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 130 funds opening new positions, 369 increasing their positions, 253 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: $

1.68% less ownership

Funds ownership: 53.24%51.56% (-1.7%)

6% less capital invested

Capital invested by funds: $26B → $24.5B (-$1.49B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

Holders
890
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
YCM
601
Yousif Capital Management
Michigan
$383K
Optiver Holding
602
Optiver Holding
Netherlands
$383K
CAGAS
603
Capital Advisory Group Advisory Services
Minnesota
$378K
TL
604
Tradewinds LLC
North Carolina
$374K
TFA
605
Teamwork Financial Advisors
Texas
$370K
BTI
606
Blue Trust Inc
Georgia
$366K
ECM
607
Evergreen Capital Management
Washington
$365K
AT
608
Avalon Trust
New Mexico
$360K
ML
609
McAdam LLC
Pennsylvania
$353K
AGM
610
Alpine Global Management
New York
$352K
UCFA
611
United Capital Financial Advisors
Texas
$352K
PAG
612
Poinciana Advisors Group
Florida
$351K
S
613
SignatureFD
Georgia
$350K
FFM
614
Forum Financial Management
Illinois
$350K
WDG
615
Wealth Dimensions Group
Ohio
$348K
LSWP
616
Liberty Square Wealth Partners
Pennsylvania
$348K
IG
617
ING Group
Netherlands
$346K
ACS
618
Archford Capital Strategies
Illinois
$346K
SAM
619
Smartleaf Asset Management
Massachusetts
$341K
NYLIM
620
New York Life Investment Management
New York
$341K
AWA
621
Arete Wealth Advisors
Illinois
$340K
KAM
622
Kazazian Asset Management
Florida
$339K
SW
623
SteelPeak Wealth
California
$336K
QPBE
624
Quintet Private Bank (Europe)
Luxembourg
$336K
AC
625
Avestar Capital
New York
$331K