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
NC
51
Nicholas Company
Wisconsin
$78.7M
TD Asset Management
52
TD Asset Management
Ontario, Canada
$76.5M
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$74.8M
KeyBank National Association
54
KeyBank National Association
Ohio
$72.8M
Canada Pension Plan Investment Board
55
Canada Pension Plan Investment Board
Ontario, Canada
$71.9M
LA
56
LBP AM
France
$71.1M
Qube Research & Technologies (QRT)
57
Qube Research & Technologies (QRT)
United Kingdom
$70.7M
Dimensional Fund Advisors
58
Dimensional Fund Advisors
Texas
$68.9M
VA
59
Vident Advisory
Georgia
$68.2M
Wells Fargo
60
Wells Fargo
California
$67.4M
DekaBank Deutsche Girozentrale
61
DekaBank Deutsche Girozentrale
Germany
$65.4M
Nomura Asset Management
62
Nomura Asset Management
Japan
$63.4M
Credit Agricole
63
Credit Agricole
France
$63.2M
Northwestern Mutual Wealth Management
64
Northwestern Mutual Wealth Management
Wisconsin
$60.7M
Assenagon Asset Management
65
Assenagon Asset Management
Luxembourg
$59M
Pacer Advisors
66
Pacer Advisors
Pennsylvania
$58.9M
GA
67
GuoLine Advisory
Singapore
$57.3M
FCM
68
Frontier Capital Management
Massachusetts
$55.8M
Wellington Management Group
69
Wellington Management Group
Massachusetts
$55.3M
BAMCO Inc
70
BAMCO Inc
New York
$55.1M
PAM
71
Panagora Asset Management
Massachusetts
$53.6M
Citadel Advisors
72
Citadel Advisors
Florida
$52.8M
National Pension Service
73
National Pension Service
South Korea
$52.1M
BNP Paribas Financial Markets
74
BNP Paribas Financial Markets
France
$52.1M
CS
75
Candriam SCA
Luxembourg
$51.2M