Vault-13

ZEO ENERGY CORP ZEO

CL A · Common Stock · CUSIP 98944F109

32 institutional holders +2 vs Q3 2025
1,896,7391.9m shares reported held*
$2.1mreported value*
6 new 7 added 5 reduced 4 sold out net bought ≈ $347.5k (+318.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $1.09.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 6Q2 24: 8Q3 24: 8Q4 24: 9Q1 25: 11Q2 25: 11Q3 25: 30Q4 25: 3232Q1 24Q3 24Q1 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20246
Q2 20248
Q3 20248
Q4 20249
Q1 202511
Q2 202511
Q3 202530
Q4 202532

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 24: 5 bought or addedQ2 24: 2 cut or sold outQ2 24Q3 24: 5 bought or addedQ3 24: 4 cut or sold outQ4 24: 7 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 3 cut or sold outQ2 25: 8 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 24 bought or addedQ3 25: 6 cut or sold outQ4 25: 13 bought or addedQ4 25: 9 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 202452
Q3 202454
Q4 202474
Q1 202593
Q2 202584
Q3 2025246
Q4 2025139

Biggest buyers

VANGUARD GROUP INC Added +145,591+145.6k
CITIZENS FINANCIAL GROUP INC/RI Added +100,000+100.0k
Texas Capital Bank Wealth Management Services Inc New +70,795+70.8k
BlackRock, Inc. Added +29,706+29.7k
TWO SIGMA SECURITIES, LLC New +15,352+15.4k
JANE STREET GROUP, LLC New +10,442+10.4k
Tower Research Capital LLC (TRC) New +3,720+3.7k
XTX Topco Ltd Added +3,515+3.5k
GEODE CAPITAL MANAGEMENT, LLC Added +2,732+2.7k
ABOUND FINANCIAL, LLC New +1,520+1.5k

Biggest sellers

U.S. Capital Wealth Advisors, LLC Sold out -31,411-31.4k
NORTHERN TRUST CORP Sold out -14,663-14.7k
RENAISSANCE TECHNOLOGIES LLC Sold out -13,766-13.8k
JPMORGAN CHASE & CO Reduced -1,612-1.6k
BANK OF AMERICA CORP /DE/ Reduced -1,421-1.4k
MORGAN STANLEY Reduced -1,319-1.3k
CoreCap Advisors, LLC Reduced -629-629
Advisory Services Network, LLC Sold out -308-308
SBI Securities Co., Ltd. Reduced -20-20

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
LHX Intermediate, LLC 13D · may seek influence -28.2 pts · filed 2025-11-20
Stated purposeThe securities issued to the Reporting Persons as a result of the Promissory Note Conversion set forth in this Schedule 13D is for investment purposes only. Full filing
30.0% -28.2 pts 9.9m≈ $6.6m 2025-11-20

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 2 sellingQ4 25: 0 buyingQ4 25: 1 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—2$147.1k—
Q4 20250—1$93.6k—
DateInsiderTradeSharesPrice ValueTheir holding
2025-12-11 Bridgewater Brandon CSO · See Footnote Sold 32,669 $1.16 $37.9k32.7k shares -1%
2025-12-10 Bridgewater Brandon CSO · See Footnote Sold 4,540 $1.15 $5.2k4.5k shares -<1%
2025-12-09 Bridgewater Brandon CSO · See Footnote Sold 18,191 $1.16 $21.1k18.2k shares -1%
2025-12-08 Bridgewater Brandon CSO · See Footnote Sold 24,490 $1.20 $29.4k24.5k shares -1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PIPER SANDLER & CO. 0.52% of their portfolio MINNEAPOLIS, MN 677,711677.7k $738.7k $738.7k 0.52% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 398,156398.2k $434.0k $434.0k 0.00% Added +145.6k +145,591
3 CITIZENS FINANCIAL GROUP INC/RI 0.01% of their portfolio PROVIDENCE, RI 366,175366.2k $399.1k $399.1k 0.01% Added +100.0k +100,000
4 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 93,24193.2k $101.7k $101.7k 0.00% Added +2.7k +2,732
5 Texas Capital Bank Wealth Management Services Inc 0.00% of their portfolio Dallas, TX 70,79570.8k $77.2k $77.2k 0.00% New
6 Groupe la Francaise 0.00% of their portfolio PARIS, I0 43,76143.8k $47.7k $47.7k 0.00% Unchanged
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 40,16540.2k $43.8k $43.8k 0.00% Added +29.7k +29,706
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 38,90038.9k $42.4k $42.4k 0.00% Unchanged
9 SHANDA ASSET MANAGEMENT HOLDINGS Ltd 0.00% of their portfolio REDWOOD CITY, CA 37,24937.2k $40.6k $40.6k 0.00% Unchanged
10 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 31,69631.7k $34.5k $34.5k 0.00% Added +3.5k +3,515
11 MISSION WEALTH MANAGEMENT, LP 0.00% of their portfolio Santa Barbara, CA 24,19724.2k $26.4k $26.4k 0.00% Unchanged
12 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,27817.3k $18.8k $18.8k 0.00% Unchanged
13 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 15,35215.4k $16.7k $16.7k 0.00% New
14 CREDIT INDUSTRIEL ET COMMERCIAL 0.00% of their portfolio PARIS FRANCE, I0 10,84510.8k $11.8k $11.8k 0.00% Unchanged
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,44210.4k $11.4k $11.4k 0.00% New
16 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,7203.7k $4.1k $4.1k 0.00% New
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,2783.3k $3.6k $3.6k 0.00% Added +432 +432
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,7562.8k $3.0k $3.0k 0.00% Reduced -1.3k -1,319
19 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2,2412.2k $2.4k $2.4k 0.00% Unchanged
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,6121.6k $1.8k $1.8k 0.00% Reduced -1.6k -1,612
21 CKW FINANCIAL GROUP 0.00% of their portfolio HONOLULU, HI 1,5271.5k $2.0k $2.0k 0.00% Unchanged
22 ABOUND FINANCIAL, LLC 0.00% of their portfolio GRANITE BAY, CA 1,5201.5k $1.7k $1.7k 0.00% New
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,4851.5k $1.6k $1.6k 0.00% Reduced -1.4k -1,421
24 CAZ INVESTMENTS LP 0.00% of their portfolio HOUSTON, TX 1,3691.4k $1.5k $1.5k 0.00% Unchanged
25 Noble Wealth Management PBC 0.00% of their portfolio GREENWOOD VILLAGE, CO 876876 $955 $955 0.00% Unchanged
26 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 134134 $146 $146 0.00% Reduced -20 -20
27 FMR LLC 0.00% of their portfolio BOSTON, MA 100100 $109 $109 0.00% Added +36 +36
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8383 $0 $0 0.00% New
29 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 3737 $40 $40 0.00% Reduced -629 -629
30 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2626 $29 $29 0.00% Unchanged
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 88 $8 $8 0.00% Unchanged
32 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 44 $4 $4 0.00% Unchanged