Zscaler
742 hedge funds and large institutions have $11.7B invested in Zscaler in 2026 Q2 according to their latest regulatory filings, with 137 funds opening new positions, 281 increasing their positions, 244 reducing their positions, and 133 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
15% more repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 244
3% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 133
1% less funds holding
Funds holding: 749 → 742 (-7)
8% less call options, than puts
Call options by funds: $1.42B | Put options by funds: $1.54B
4.44% less ownership
Funds ownership: 55.53% → 51.09% (-4.4%)
7% less capital invested
Capital invested by funds: $12.5B → $11.7B (-$869M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$190M |
| 2 |
BlackRock
New York
|
+$184M |
| 3 |
Millennium Management
New York
|
+$111M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$81.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$69.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$581M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$256M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$237M |
| 4 |
Tiger Global Management
New York
|
-$222M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$212M |
ZS Hedge Fund Activity: Q2 2026 in Review
742 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q2 2026, worth a combined $11.7B — down 6.9% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new ZS positions and 133 closed out — a net gain of 4 holders — while 281 added to existing stakes and 244 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $190M. The largest seller was Invesco, cutting an estimated $581M.
- 742 institutional investors held Zscaler (ZS) as of Q2 2026, down from 749 in Q1 2026.
- Funds reported $11.7B of Zscaler stock for Q2 2026, down 6.9% quarter-over-quarter.
- 137 funds opened new Zscaler positions in Q2 2026 and 133 closed out, a net change of +4 holders.
- The largest Zscaler buyer in Q2 2026 was Jericho Capital Asset Management, an estimated $190M added.
- The largest Zscaler seller in Q2 2026 was Invesco, an estimated $581M sold.
Based on aggregated 13F filings for Q2 2026.