ZOOM COMMUNICATIONS INC ZM
CL A · Common Stock · CUSIP 98980L101 · ISIN US98980L1017
Company responsible for the Zoom software
* 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 ($8.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.44. Options: 49 managers hold calls ($1.3bn notional), 40 hold puts ($1.2bn).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 664 |
| Q4 2022 | 656 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.5bn | $1.4bn | 0.94 |
| Q4 2022 | $1.3bn | $1.2bn | 0.87 |
Biggest buyers
| VANGUARD GROUP INC | Added | +3.1m |
| FMR LLC | Added | +1.7m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.2m |
| GAGNON SECURITIES LLC | Added | +872.7k |
| Pacer Advisors, Inc. | Added | +775.8k |
| Alyeska Investment Group, L.P. | Added | +731.7k |
| Qube Research & Technologies Ltd | New | +477.5k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +361.0k |
| HSBC HOLDINGS PLC | Added | +358.0k |
| TWO SIGMA ADVISERS, LP | Added | +352.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.1m |
| SHANDA ASSET MANAGEMENT HOLDINGS Ltd | Sold out | -1.0m |
| DEUTSCHE BANK AG\ | Reduced | -902.4k |
| COATUE MANAGEMENT LLC | Sold out | -826.4k |
| Robeco Institutional Asset Management B.V. | Reduced | -826.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -780.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -567.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -501.0k |
| Swedbank AB | Reduced | -463.2k |
| BANK OF AMERICA CORP /DE/ | Reduced | -375.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $338.8m5.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $271.0m4.0m shares |
| IMC-Chicago, LLC | Added | $72.7m1.1m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $68.6m1.0m shares |
| CTC LLC | Reduced | $63.8m9.4k shares |
| JPMORGAN CHASE & CO | Reduced | $59.2m873.5k shares |
| WOLVERINE TRADING, LLC | Added | $51.9m765.9k shares |
| SIMPLEX TRADING, LLC | Added | $49.9m736.2k shares |
| NOMURA HOLDINGS INC | Added | $42.0m620.9k shares |
| JANE STREET GROUP, LLC | Reduced | $41.7m614.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $225.5m3.3m shares |
| CITADEL ADVISORS LLC | Reduced | $214.2m3.2m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Added | $213.2m3.1m shares |
| D. E. Shaw & Co., Inc. | Reduced | $93.7m1.4m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $47.8m706.2k shares |
| SIMPLEX TRADING, LLC | Added | $47.4m699.8k shares |
| CTC LLC | Reduced | $44.5m6.6k shares |
| JANE STREET GROUP, LLC | Reduced | $34.3m505.8k shares |
| IMC-Chicago, LLC | Added | $32.6m481.0k shares |
| UBS Group AG | Added | $21.0m310.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 6.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (5.0%, 2026-07-31; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 8 | $148.3m | — |
| Q1 2022 | 0 | — | 4 | $85.8m | — |
| Q2 2022 | 0 | — | 3 | $6.5m | — |
| Q3 2022 | 0 | — | 3 | $2.7m | — |
| Q4 2022 | 0 | — | 3 | $1.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-27 | Steckelberg Kelly Chief Financial Officer | Sold | $210.2k3.2k shares |
| 2022-12-13 | Tomb Gregory President | Sold | $286.7k3.7k shares |
| 2022-12-12 | Tomb Gregory President | Sold | $269.6k3.8k shares |
| 2022-12-09 | Steckelberg Kelly Chief Financial Officer | Sold | $234.9k3.2k shares |
| 2022-10-08 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold | $170.0k2.4k shares |
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 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 20.2m $1.4bn | Added +3.1m |
| BlackRock Inc. 0.03% of their portfolio | 12.7m $862.5m | Reduced -251.2k |
| ARK Investment Management LLC 6.23% of their portfolio | 10.6m $719.1m | Reduced -275.4k |
| BAILLIE GIFFORD & CO 0.59% of their portfolio | 8.4m $570.4m | Reduced -46.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.65% of their portfolio | 7.0m $475.5m | Reduced -780.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.34% of their portfolio | 6.4m $435.1m | Added +82.3k |
| Amova Asset Management Americas, Inc. 5.58% of their portfolio | 5.7m $387.4m | Added +83.5k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 5.5m $375.3m | Reduced -239.8k |
| Fisher Asset Management, LLC 0.23% of their portfolio | 5.0m $338.7m | Added +59.1k |
| STATE STREET CORP 0.02% of their portfolio | 5.0m $335.6m | Reduced -86.7k |
| FMR LLC 0.03% of their portfolio | 4.8m $325.8m | Added +1.7m |
| PUBLIC INVESTMENT FUND 1.03% of their portfolio | 4.7m $318.2m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.2m $215.2m | Added +87.4k |
| TWO SIGMA INVESTMENTS, LP 0.68% of their portfolio | 3.1m $210.6m | Added +1.2m |
| TWO SIGMA ADVISERS, LP 0.58% of their portfolio | 3.1m $208.0m | Added +352.5k |
| MORGAN STANLEY 0.02% of their portfolio | 2.7m $180.8m | Reduced -3.1m |
| FIRST TRUST ADVISORS LP 0.18% of their portfolio | 2.2m $147.8m | Added +75.1k |
| FIL Ltd 0.17% of their portfolio | 2.1m $144.1m | Added +42.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.1m $138.9m | Reduced -567.0k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.0m $133.1m | Added +329.5k |
| ALKEON CAPITAL MANAGEMENT LLC 0.97% of their portfolio | 1.9m $130.8m | Added +21.5k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.5m $99.9m | Added +5.6k |
| NORGES BANK 0.02% of their portfolio | 1.4m $98.2m | Added +20.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.3m $90.7m | Reduced -55.2k |
| Legal & General Group Plc 0.03% of their portfolio | 1.3m $86.5m | Reduced -57.7k |
| Alyeska Investment Group, L.P. 0.85% of their portfolio | 1.2m $82.1m | Added +731.7k |
| Comprehensive Financial Management LLC 2.55% of their portfolio | 1.2m $79.3m | Unchanged |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 953.4k $64.6m | Added +264.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 929.3k $63.0m | Added +47.3k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 921.1k $61.9m | Added +358.0k |
| Swiss National Bank 0.04% of their portfolio | 918.0k $62.2m | Reduced -63.8k |
| GAGNON SECURITIES LLC 1.23% of their portfolio | 876.8k $5.6m | Added +872.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio | 829.0k $56.2m | Reduced -20.7k |
| Pacer Advisors, Inc. 0.27% of their portfolio | 783.5k $53.1m | Added +775.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 777.0k $52.6m | Added +40.7k |
| BARCLAYS PLC 0.04% of their portfolio | 768.8k $52.1m | First filing |
| California Public Employees Retirement System 0.04% of their portfolio | 687.3k $46.6m | Reduced -101.7k |
| GILDER GAGNON HOWE & CO LLC 0.85% of their portfolio | 672.1k $45.5m | Reduced -13.4k |
| Newlands Management Operations LLC 1.17% of their portfolio | 659.0k $44.6m | First filing |
| Amundi 0.02% of their portfolio | 634.9k $44.4m | Added +195.4k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 616.1k $41.7m | Reduced -902.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 570.7k $38.7m | Reduced -8.4k |
| PICTET ASSET MANAGEMENT SA 0.06% of their portfolio | 566.6k $38.4m | Added +305.7k |
| Invesco Ltd. 0.01% of their portfolio | 509.3k $34.5m | Added +13.4k |
| CREDIT SUISSE AG/ 0.04% of their portfolio | 486.4k $33.0m | Reduced -68.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 483.8k $32.8m | Added +361.0k |
| Qube Research & Technologies Ltd 0.19% of their portfolio | 477.5k $32.3m | New |
| Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio | 469.7k $31.8m | Reduced -39.4k |
| Mizuho Markets Cayman LP 4.17% of their portfolio | 452.2k $30.6m | Reduced -37.6k |
| Gladstone Capital Management LLP 3.96% of their portfolio | 452.0k $30.6m | Reduced -63.4k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 448.6k $30.4m | Added +167.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 419.7k $28.4m | Reduced -375.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio | 408.0k $27.6m | Added +80.2k |
| HHLR ADVISORS, LTD. 0.58% of their portfolio | 405.6k $27.5m | Reduced -14.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 404.9k $27.4m | Added +241.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 392.0k $26.6m | Added +74.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 387.7k $26.3m | Added +3.9k |
| National Pension Service 0.05% of their portfolio | 375.3k $25.4m | Added +53.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 370.7k $25.1m | Reduced -501.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.07% of their portfolio | 370.4k $25.1m | Added +4.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 360.3k $24.4m | Reduced -252.1k |
| Invenomic Capital Management LP 1.73% of their portfolio | 352.3k $23.9m | Added +118.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 339.6k $23.0m | Added +243.4k |
| CIBC WORLD MARKETS CORP 0.15% of their portfolio | 325.9k $22.1m | Added +202.9k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 324.3k $22.0m | Added +300.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 312.5k $21.0m | Added +81.6k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 312.1k $21.2m | Added +23.1k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 312.0k $21.0m | Added +84.5k |
| CITIGROUP INC 0.03% of their portfolio | 304.8k $20.6m | Reduced -39.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 290.8k $19.7m | Reduced -197.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 289.8k $19.6m | Reduced -7.2k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 284.1k $19.2m | Added +11.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 273.8k $18.5m | Added +4.4k |
| Optimus Prime Fund Management Co., Ltd. 2.11% of their portfolio | 249.0k $16.9m | Unchanged |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 241.3k $16.3m | Added +24.4k |
| APG Asset Management N.V. 0.03% of their portfolio | 236.3k $16.0m | Added +198.2k |
| Galvin, Gaustad & Stein, LLC 1.47% of their portfolio | 215.0k $14.6m | Added +91.5k |
| MIZUHO MARKETS AMERICAS LLC 0.93% of their portfolio | 202.6k $13.7m | Added +59.3k |
| ProShare Advisors LLC 0.05% of their portfolio | 191.9k $13.0m | Reduced -36.6k |
| Anson Funds Management LP 3.07% of their portfolio | 187.1k $12.7m | New |
| H&H International Investment, LLC 0.11% of their portfolio | 179.8k $12.2m | Reduced -30.0k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.18% of their portfolio | 179.1k $12.1m | Added +24.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 179.0k $12.1m | Reduced -13 |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 178.1k $12.1m | Reduced -826.2k |
| Guinness Asset Management LTD 0.34% of their portfolio | 177.5k $12.0m | Added +1.9k |
| SIMPLEX TRADING, LLC 0.57% of their portfolio | 174.4k $11.8m | Added +134.5k |
| Walleye Trading LLC 0.29% of their portfolio | 172.3k $11.7m | Added +77.2k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.08% of their portfolio | 166.1k $11.2m | Unchanged |
| Trexquant Investment LP 0.32% of their portfolio | 165.9k $11.2m | New |
| UBS Group AG 0.01% of their portfolio | 162.2k $11.0m | Added +95.2k |
| Woodson Capital Management, LP 2.13% of their portfolio | 160.0k $10.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 159.5k $10.8m | Reduced -71.6k |
| Treasurer of the State of North Carolina 0.06% of their portfolio | 153.5k $10.4m | Reduced -14.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 146.5k $9.9m | Reduced -9.2k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 135.4k $9.2m | Unchanged |
| Leonteq Securities AG 0.48% of their portfolio | 133.2k $9.0m | Added +8.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 129.7k $8.8m | Added +2.4k |
| Swedbank AB 0.02% of their portfolio | 127.0k $8.6m | Reduced -463.2k |
| MUFG Securities EMEA plc 0.15% of their portfolio | 125.6k $8.5m | Added +21.3k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 125.5k $8.5m | Added +38.7k |