Zscaler
739 hedge funds and large institutions have $15.5B invested in Zscaler in 2023 Q4 according to their latest regulatory filings, with 180 funds opening new positions, 283 increasing their positions, 189 reducing their positions, and 55 closing their positions.
227% more first-time investments, than exits
New positions opened: 180 | Existing positions closed: 55
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
52% more capital invested
Capital invested by funds: $10.2B → $15.5B (+$5.28B)
50% more repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 189
19% more funds holding
Funds holding: 621 → 739 (+118)
2.62% more ownership
Funds ownership: 44.58% → 47.2% (+2.6%)
12% less call options, than puts
Call options by funds: $1.52B | Put options by funds: $1.73B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$413M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$182M |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
+$170M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$94.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$64.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$315M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$143M |
| 3 |
Holocene Advisors
New York
|
-$81.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$68.9M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$51.7M |
ZS Hedge Fund Activity: Q4 2023 in Review
739 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q4 2023, worth a combined $15.5B — up 52% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 180 funds opened new ZS positions and 55 closed out — a net gain of 125 holders — while 283 added to existing stakes and 189 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $413M. The largest seller was VOYA Investment Management, cutting an estimated $315M.
- 739 institutional investors held Zscaler (ZS) as of Q4 2023, up from 621 in Q3 2023.
- Funds reported $15.5B of Zscaler stock for Q4 2023, up 52% quarter-over-quarter.
- 180 funds opened new Zscaler positions in Q4 2023 and 55 closed out, a net change of +125 holders.
- The largest Zscaler buyer in Q4 2023 was Morgan Stanley, an estimated $413M added.
- The largest Zscaler seller in Q4 2023 was VOYA Investment Management, an estimated $315M sold.
Based on aggregated 13F filings for Q4 2023.