887 hedge funds and large institutions have $24.5B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 130 funds opening new positions, 367 increasing their positions, 252 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: $

1.69% 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
887
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
BCM
951
Bayesian Capital Management
New York
JCIA
952
Jackson Creek Investment Advisors
Colorado
NCM
953
Novare Capital Management
North Carolina
FRM
954
Fox Run Management
Connecticut
VSQM
955
V-Square Quantitative Management
Illinois
P
956
Pitcairn
Pennsylvania
GSC
957
Ground Swell Capital
South Carolina
NRD
958
Nebula Research & Development
New York
SCM
959
Stevens Capital Management
Pennsylvania
WA
960
WESPAC Advisors
California
EMC
961
Everest Management Corp
California
IC
962
Iconiq Capital
California
YCG
963
Yeomans Consulting Group
Georgia
JIP
964
Jaffetilchin Investment Partners
Florida
IA
965
IFG Advisory
Georgia
LS
966
Livforsakringsbolaget Skandia
Sweden
SFG
967
Stonebridge Financial Group
Pennsylvania
LA
968
LexAurum Advisors
Kansas
CFG
969
Cooper Financial Group
California
AIM
970
Avity Investment Management
Connecticut
MWM
971
Maridea Wealth Management
New York
SWGC
972
Summit Wealth Group (Colorado)
Colorado
AL
973
Aspiriant LLC
California
OR
974
Olympiad Research
Connecticut
SAM
975
Silvercrest Asset Management
New York