We are live on ! Find out more

766 hedge funds and large institutions have $16.7B invested in Zscaler in 2025 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 329 increasing their positions, 209 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 329 | Existing positions reduced: 209

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

18% more capital invested

Capital invested by funds: $14.2B → $16.7B (+$2.54B)

16% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 99

5.08% more ownership

Funds ownership: 49.36%54.44% (+5.1%)

1% more funds holding

Funds holding: 759766 (+7)

14% less call options, than puts

Call options by funds: $1.51B | Put options by funds: $1.77B

Holders
766
Holders Change
+7
Holders Change %
+0.92%
% of All Funds
10.27%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
115
Increased
329
Reduced
209
Closed
99
Calls
$1.51B
Puts
$1.77B
Net Calls
-$251M
Net Calls Change
+$56M
Name Holding Trade Value Shares
Change
Change in
Stake
Optiver Holding
801
Optiver Holding
Netherlands
-$1M -5,022 Closed
Calamos Advisors
802
Calamos Advisors
Illinois
-$869K -4,819 Closed
Group One Trading
803
Group One Trading
Illinois
-$949K -4,762 Closed
LCM
804
Lattice Capital Management
Washington
-$830K -4,600 Closed
BSG
805
Black Swift Group
Colorado
-$722K -4,000 Closed
MIC
806
Maxi Investments CY
Cyprus
-$686K -3,840 Closed
P
807
&Partners
Tennessee
-$686K -3,693 Closed
1C
808
111 Capital
France
-$643K -3,563 Closed
I
809
InceptionR
California
-$643K -3,563 Closed
BAM
810
Blueshift Asset Management
New Jersey
-$599K -3,319 Closed
VIP
811
Vista Investment Partners
Oklahoma
-$575K -3,188 Closed
CCIA
812
Campbell & Co Investment Adviser
Maryland
-$571K -3,163 Closed
JF
813
Jump Financial
Illinois
-$563K -3,123 Closed
YIH
814
Y-Intercept (HK)
Hong Kong
-$528K -2,927 Closed
OIA
815
OneDigital Investment Advisors
Kansas
-$524K -2,905 Closed
AMCA
816
Arthur M. Cohen & Associates
Illinois
-$505K -2,900 Closed
FHB
817
First Hawaiian Bank
Hawaii
-$503K -2,790 Closed
LBWM
818
Left Brain Wealth Management
Illinois
-$479K -2,656 Closed
TC
819
TwinBeech Capital
New York
-$449K -2,491 Closed
CM
820
Capula Management
Cayman Islands
-$399K -2,212 Closed
RG
821
Rathbones Group
United Kingdom
-$394K -2,182 Closed
OAM
822
Oxford Asset Management
United Kingdom
-$384K -2,130 Closed
PTC
823
Petrus Trust Company
Texas
-$376K -2,085 Closed
QT
824
Quantbot Technologies
New York
-$336K -1,863 Closed
AAIS
825
ABN AMRO Investment Solutions
-$333K -1,847 Closed

ZS Hedge Fund Activity: Q1 2025 in Review

766 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q1 2025, worth a combined $16.7B — up 18% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new ZS positions and 99 closed out — a net gain of 16 holders — while 329 added to existing stakes and 209 trimmed.

The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $519M. The largest seller was Viking Global Investors, exiting entirely with an estimated $165M sold.

  • 766 institutional investors held Zscaler (ZS) as of Q1 2025, up from 759 in Q4 2024.
  • Funds reported $16.7B of Zscaler stock for Q1 2025, up 18% quarter-over-quarter.
  • 115 funds opened new Zscaler positions in Q1 2025 and 99 closed out, a net change of +16 holders.
  • The largest Zscaler buyer in Q1 2025 was T. Rowe Price Investment Management, an estimated $519M added.
  • The largest Zscaler seller in Q1 2025 was Viking Global Investors, an estimated $165M sold.

Based on aggregated 13F filings for Q1 2025.