Zscaler
246 hedge funds and large institutions have $2.23B invested in Zscaler in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 96 increasing their positions, 67 reducing their positions, and 87 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 67
11% more call options, than puts
Call options by funds: $170M | Put options by funds: $154M
3.03% more ownership
Funds ownership: 33.94% → 36.97% (+3%)
10% less funds holding
Funds holding: 273 → 246 (-27)
30% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 87
32% less capital invested
Capital invested by funds: $3.27B → $2.23B (-$1.04B)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$119M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$107M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$103M |
| 4 |
BlackRock
New York
|
+$86.5M |
| 5 |
Neuberger Berman Group
New York
|
+$62.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$117M |
| 2 |
Renaissance Technologies
New York
|
-$54.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$40.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.1M |
| 5 |
Goldman Sachs
New York
|
-$29.3M |
ZS Hedge Fund Activity: Q3 2019 in Review
246 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q3 2019, worth a combined $2.23B — down 32% from $3.27B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of ZS and 61 opened new positions — a net loss of 26 holders — while 67 trimmed existing stakes and 96 added.
The largest buyer was JP Morgan Chase, adding an estimated $119M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $117M sold.
- 246 institutional investors held Zscaler (ZS) as of Q3 2019, down from 273 in Q2 2019.
- Funds reported $2.23B of Zscaler stock for Q3 2019, down 32% quarter-over-quarter.
- 61 funds opened new Zscaler positions in Q3 2019 and 87 closed out, a net change of -26 holders.
- The largest Zscaler buyer in Q3 2019 was JP Morgan Chase, an estimated $119M added.
- The largest Zscaler seller in Q3 2019 was Lord, Abbett & Co, an estimated $117M sold.
Based on aggregated 13F filings for Q3 2019.