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
HNB
651
Huntington National Bank
Ohio
$299K
SAI
652
Savvy Advisors Inc
New York
$297K
IWM
653
IHT Wealth Management
Illinois
$296K
Lazard Asset Management
654
Lazard Asset Management
New York
$295K
AFT
655
Alpha Family Trust
California
$294K
CGH
656
Crossmark Global Holdings
Texas
$292K
PAS
657
Park Avenue Securities
New York
$292K
CI
658
Cigna Investments
Connecticut
$292K
TA
659
Tactive Advisors
Florida
$289K
CI Investments Inc
660
CI Investments Inc
Ontario, Canada
$289K
SCP
661
Sivia Capital Partners
California
$288K
MFG
662
Menard Financial Group
Texas
$286K
Kovitz Investment Group Partners
663
Kovitz Investment Group Partners
Illinois
$283K
HIIFS
664
Harel Insurance Investments & Financial Services
Israel
$283K
BCM
665
Brookstone Capital Management
Illinois
$280K
IRP
666
Investment Research Partners
Pennsylvania
$279K
EA
667
Enclave Advisors
Texas
$278K
FPL
668
Fortress Private Ledger
North Carolina
$273K
SWMP
669
Signature Wealth Management Partners
New Jersey
$270K
RFN
670
Redwood Financial Network
Ohio
$268K
AO
671
Advisor OS
Illinois
$263K
AI
672
Atria Investments
North Carolina
$263K
OWA
673
One Wealth Advisors
California
$263K
BWP
674
Balboa Wealth Partners
Arizona
$261K
MLM
675
Mount Lucas Management
Pennsylvania
$259K