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
PAS
651
Park Avenue Securities
New York
$292K
CI
652
Cigna Investments
Connecticut
$292K
TA
653
Tactive Advisors
Florida
$289K
CI Investments Inc
654
CI Investments Inc
Ontario, Canada
$289K
SCP
655
Sivia Capital Partners
California
$288K
MFG
656
Menard Financial Group
Texas
$286K
Kovitz Investment Group Partners
657
Kovitz Investment Group Partners
Illinois
$283K
HIIFS
658
Harel Insurance Investments & Financial Services
Israel
$283K
BCM
659
Brookstone Capital Management
Illinois
$280K
EA
660
Enclave Advisors
Texas
$278K
FPL
661
Fortress Private Ledger
North Carolina
$273K
SWMP
662
Signature Wealth Management Partners
New Jersey
$270K
RFN
663
Redwood Financial Network
Ohio
$268K
AO
664
Advisor OS
Illinois
$263K
AI
665
Atria Investments
North Carolina
$263K
OWA
666
One Wealth Advisors
California
$263K
BWP
667
Balboa Wealth Partners
Arizona
$261K
MLM
668
Mount Lucas Management
Pennsylvania
$259K
AC
669
AWM Capital
Arizona
$259K
GIM
670
Groesbeck Investment Management
New Jersey
$258K
MGIA
671
Moneta Group Investment Advisors
Missouri
$256K
JSC
672
Jackson Square Capital
California
$256K
JWWM
673
Johnson & White Wealth Management
Pennsylvania
$256K
AssetMark Inc
674
AssetMark Inc
California
$253K
ACA
675
Aptus Capital Advisors
Alabama
$251K