896 hedge funds and large institutions have $24.5B invested in Zscaler in 2025 Q3 according to their latest regulatory filings, with 129 funds opening new positions, 372 increasing their positions, 254 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: $

1.88% less ownership

Funds ownership: 53.45%51.58% (-1.9%)

6% less capital invested

Capital invested by funds: $26.1B → $24.5B (-$1.64B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

Holders
896
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
Focus Partners Wealth
126
Focus Partners Wealth
Massachusetts
$20.7M
AllianceBernstein
127
AllianceBernstein
Tennessee
$20.5M
Susquehanna International Group
128
Susquehanna International Group
Pennsylvania
$20.5M
Mirae Asset Global Investments
129
Mirae Asset Global Investments
South Korea
$20M
OTPPB
130
Ontario Teachers' Pension Plan Board
Ontario, Canada
$19.9M
Aberdeen Group
131
Aberdeen Group
United Kingdom
$19.4M
GC
132
Guggenheim Capital
Illinois
$18.8M
Commonwealth Equity Services
133
Commonwealth Equity Services
Massachusetts
$17.9M
SFA
134
Sequoia Financial Advisors
Ohio
$17.6M
Carson Wealth (CWM LLC)
135
Carson Wealth (CWM LLC)
Nebraska
$16.8M
Handelsbanken Fonder
136
Handelsbanken Fonder
Sweden
$16.8M
Caisse de Depot et Placement du Quebec (CDPQ)
137
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$16.7M
LG
138
LaFleur & Godfrey
Michigan
$16.4M
Cerity Partners
139
Cerity Partners
New York
$16M
State of Wisconsin Investment Board
140
State of Wisconsin Investment Board
Wisconsin
$15.9M
DZ Bank
141
DZ Bank
Germany
$15.9M
Jane Street
142
Jane Street
New York
$15.7M
Millennium Management
143
Millennium Management
New York
$15.3M
Ohio Public Employees Retirement System (OPERS)
144
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.2M
SC
145
SouthState Corp
Florida
$15M
WC
146
Woodstock Corp
Massachusetts
$15M
APG Asset Management
147
APG Asset Management
Netherlands
$15M
AGAM
148
Avalon Global Asset Management
California
$15M
Royal London Asset Management
149
Royal London Asset Management
United Kingdom
$14.8M
Acadian Asset Management
150
Acadian Asset Management
Massachusetts
$14.8M