881 hedge funds and large institutions have $19.2B invested in Zscaler in 2025 Q4 according to their latest regulatory filings, with 139 funds opening new positions, 328 increasing their positions, 298 reducing their positions, and 145 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

14% less call options, than puts

Call options by funds: $1.36B | Put options by funds: $1.57B

21% less capital invested

Capital invested by funds: $24.5B → $19.2B (-$5.24B)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
881
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.36B
Puts
$1.57B
Net Calls
Net Calls Change

Top Buyers

1 +$219M
2 +$202M
3 +$164M
4
Squarepoint
Squarepoint
New York
+$141M
5
Fidelity Investments
Fidelity Investments
Massachusetts
+$140M
Name Holding Trade Value Shares
Change
Change in
Stake
GLF
1001
Groupe la Francaise
France
PS
1002
Principal Securities
Iowa
MG
1003
Mather Group
Illinois
SOW
1004
State of Wyoming
Wyoming
GTAM
1005
Global Trust Asset Management
Florida
BT
1006
Banque Transatlantique
France
TCA
1007
Trifecta Capital Advisors
Illinois
PMAM
1008
Picton Mahoney Asset Management
Ontario, Canada
EAM
1009
Exane Asset Management
France
ME
1010
McIlrath & Eck
Washington
NB
1011
NBT Bank
New York
CSPIA
1012
Cary Street Partners Investment Advisory
Virginia
WANY
1013
Wealthspire Advisors (New York)
New York
RA
1014
Rise Advisors
New York
FPF
1015
First Pacific Financial
Washington
PFA
1016
Pathway Financial Advisers
Indiana
MAM
1017
Marquette Asset Management
Minnesota
HFS
1018
Hopwood Financial Services
Virginia
CCM
1019
Cloud Capital Management
Washington
BOJHT
1020
Bank of Jackson Hole Trust
Wyoming
WTC
1021
WhitTier Trust Company
Nevada
TIM
1022
Tortoise Investment Management
New York
AS
1023
Altshuler Shaham
Israel
JWM
1024
JPL Wealth Management
Colorado
HIA
1025
HFM Investment Advisors
New Jersey