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145 hedge funds and large institutions have $1.5B invested in Zscaler in 2018 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 57 increasing their positions, 33 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 33

59% more call options, than puts

Call options by funds: $41.2M | Put options by funds: $25.9M

18% more capital invested

Capital invested by funds: $1.27B → $1.5B (+$228M)

5.12% more ownership

Funds ownership: 26.16%31.28% (+5.1%)

2% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 44

1% less funds holding

Funds holding: 147145 (-2)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
145
Holders Change
-2
Holders Change %
-1.36%
% of All Funds
3.23%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
43
Increased
57
Reduced
33
Closed
44
Calls
$41.2M
Puts
$25.9M
Net Calls
+$15.3M
Net Calls Change
+$36.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$251M +$8.71M +230,714 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$158M +$110M +2,907,209 +261%
BlackRock
3
BlackRock
New York
$145M +$91.3M +2,416,720 +190%
Franklin Resources
4
Franklin Resources
California
$133M +$95.9M +2,538,681 +294%
TCIM
5
TIAA CREF Investment Management
New York
$121M -$10.4M -275,975 -8%
Allianz Asset Management
6
Allianz Asset Management
Germany
$72M +$25M +661,112 +56%
Lord, Abbett & Co
7
Lord, Abbett & Co
New Jersey
$48M -$4.6M -121,734 -9%
AI
8
Alphabet Inc
California
$46.6M -$9.76M -258,531 -18%
State Street
9
State Street
Massachusetts
$44.4M +$33.3M +881,151 +351%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$28.7M +$28.3M +748,600 New
TA
11
Teachers Advisors
New York
$27.3M -$8.27M -219,065 -24%
Alkeon Capital Management
12
Alkeon Capital Management
New York
$26.8M -$298K -7,894 -1%
JP Morgan Chase
13
JP Morgan Chase
New York
$26.3M -$36.9M -977,846 -59%
Northern Trust
14
Northern Trust
Illinois
$25.4M +$16.5M +437,843 +208%
DCM
15
Driehaus Capital Management
Illinois
$21.8M -$3.31M -87,589 -14%
JMPWA
16
JP Morgan Private Wealth Advisors
California
$17.5M +$122K +3,231 +0.7%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$17M +$7.85M +207,920 +92%
WRF
18
Waddell & Reed Financial
Kansas
$13.8M +$5.65M +149,471 +74%
Ameriprise
19
Ameriprise
Minnesota
$13.7M +$6.65M +176,159 +101%
EMG
20
ETF Managers Group
New Jersey
$12.4M -$3.41M -90,285 -22%
Legal & General Group
21
Legal & General Group
United Kingdom
$11.5M -$455K -12,041 -4%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$10.4M -$9.16M -242,575 -48%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$9.53M +$6.17M +163,262 +204%
AIP
24
ARS Investment Partners
New York
$9.38M +$296K +7,827 +3%
Federated Hermes
25
Federated Hermes
Pennsylvania
$9.03M

ZS Hedge Fund Activity: Q4 2018 in Review

145 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Zscaler (ZS) for Q4 2018, worth a combined $1.5B — up 18% from $1.27B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of ZS and 43 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 57 added.

The largest buyer was Vanguard Group, adding an estimated $110M. The largest seller was JP Morgan Chase, cutting an estimated $36.9M.

  • 145 institutional investors held Zscaler (ZS) as of Q4 2018, down from 147 in Q3 2018.
  • Funds reported $1.5B of Zscaler stock for Q4 2018, up 18% quarter-over-quarter.
  • 43 funds opened new Zscaler positions in Q4 2018 and 44 closed out, a net change of -1 holder.
  • The largest Zscaler buyer in Q4 2018 was Vanguard Group, an estimated $110M added.
  • The largest Zscaler seller in Q4 2018 was JP Morgan Chase, an estimated $36.9M sold.

Based on aggregated 13F filings for Q4 2018.