886 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, 367 increasing their positions, 252 reducing their positions, and 113 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
886
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
Nomura Holdings
201
Nomura Holdings
Japan
$8.1M
BBVA
202
Banco Bilbao Vizcaya Argentaria
Spain
$8.09M
BA
203
Bridgewater Associates
Connecticut
$8.02M
PAG
204
Private Advisor Group
New Jersey
$8.01M
EF
205
Empowered Funds
Pennsylvania
$7.85M
FAF
206
Fjarde Ap-fonden
Sweden
$7.68M
AFA
207
Abacus FCF Advisors
Florida
$7.61M
ASN
208
Advisory Services Network
Georgia
$7.56M
HFM
209
Harvest Fund Management
China
$7.41M
BCV
210
Banque Cantonale Vaudoise
Switzerland
$7.29M
AAF
211
Andra AP-fonden
Sweden
$7.18M
PCM
212
Princeton Capital Management
New Jersey
$7.1M
HR
213
Howe & Rusling
New York
$6.97M
BMSSC
214
B. Metzler seel. Sohn & Co
Germany
$6.9M
PP
215
PDT Partners
New York
$6.84M
FAF
216
Första AP-fonden
Sweden
$6.74M
AAP
217
Arax Advisory Partners
Colorado
$6.7M
ORI
218
Oak Ridge Investments
Illinois
$6.7M
Daiwa Securities Group
219
Daiwa Securities Group
Japan
$6.7M
NWA
220
Navis Wealth Advisors
New York
$6.65M
KCM
221
Kornitzer Capital Management
Kansas
$6.62M
Cambridge Investment Research Advisors
222
Cambridge Investment Research Advisors
Iowa
$6.61M
Toronto Dominion Bank
223
Toronto Dominion Bank
Ontario, Canada
$6.49M
OQS
224
Occudo Quantitative Strategies
Florida
$6.48M
PFS
225
Prospera Financial Services
Texas
$6.47M