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 ($10.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $73.97. Options: 39 managers hold calls ($990.5m notional), 34 hold puts ($1.4bn).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 664 |
| Q4 2022 | 656 |
| Q1 2023 | 661 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 240 | 333 |
| Q1 2023 | 302 | 274 |
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 |
| Q1 2023 | $990.5m | $1.4bn | 1.37 |
Biggest buyers
| FMR LLC | Added | +7.5m |
| NORGES BANK | Added | +1.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +1.3m |
| BANK OF AMERICA CORP /DE/ | Added | +695.6k |
| Newlands Management Operations LLC | Added | +646.6k |
| FIL Ltd | Added | +492.1k |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +400.4k |
| Man Group plc | New | +389.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +360.8k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | New | +338.4k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| Alyeska Investment Group, L.P. | Reduced | -954.0k |
| GAGNON SECURITIES LLC | Reduced | -872.6k |
| JPMORGAN CHASE & CO | Reduced | -804.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -607.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -446.3k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -420.2k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -406.4k |
| BARCLAYS PLC | Reduced | -332.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -330.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $261.3m3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $229.8m3.1m shares |
| CLEAR STREET LLC | New | $73.8m1.0m shares |
| SIMPLEX TRADING, LLC | Reduced | $48.9m662.1k shares |
| JANE STREET GROUP, LLC | Reduced | $42.5m575.3k shares |
| IMC-Chicago, LLC | Reduced | $38.6m522.9k shares |
| Walleye Trading LLC | Reduced | $35.3m478.4k shares |
| CTC LLC | Reduced | $34.3m4.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $31.4m436.2k shares |
| PEAK6 Investments LLC | Added | $30.9m417.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $462.1m6.3m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Added | $295.4m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $227.6m3.1m shares |
| D. E. Shaw & Co., Inc. | Reduced | $88.5m1.2m shares |
| SIMPLEX TRADING, LLC | Added | $54.2m733.6k shares |
| CTC LLC | Added | $53.0m7.4k shares |
| IMC-Chicago, LLC | Reduced | $30.3m410.1k shares |
| Walleye Trading LLC | Added | $22.3m302.4k shares |
| GROUP ONE TRADING LLC | Added | $15.1m204.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $12.8m173.3k 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 Q1 2023
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2023 | 0 | — | 4 | $4.9m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-28 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $476.4k7.0k shares |
| 2023-03-28 | Steckelberg Kelly Chief Financial Officer | Sold plan | $219.5k3.2k shares |
| 2023-03-21 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $492.5k7.0k shares |
| 2023-03-14 | Bawa Aparna Chief Operating Officer · See footnote | Sold | $484.6k7.0k shares |
| 2023-03-13 | Steckelberg Kelly Chief Financial Officer | Sold | $220.3k3.2k shares |
| 2023-03-06 | Bawa Aparna Chief Operating Officer · See footnote | Sold | $502.2k7.0k shares |
| 2023-03-01 | Bawa Aparna Chief Operating Officer · See footnote | Sold | $993.0k14.0k shares |
| 2023-03-01 | Steckelberg Kelly Chief Financial Officer | Sold | $228.8k3.2k shares |
| 2023-02-09 | Steckelberg Kelly Chief Financial Officer | Sold | $253.4k3.2k shares |
| 2023-01-25 | Steckelberg Kelly Chief Financial Officer | Sold | $218.6k3.2k shares |
| 2023-01-11 | Tomb Gregory President | Sold | $340.8k4.8k shares |
| 2023-01-10 | Steckelberg Kelly Chief Financial Officer | Sold | $227.4k3.2k shares |
| 2023-01-10 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold | $208.1k3.0k 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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 20.3m $1.5bn | Added +131.7k |
| BlackRock Inc. 0.03% of their portfolio | 12.8m $947.9m | Added +105.0k |
| FMR LLC 0.04% of their portfolio | 12.3m $911.5m | Added +7.5m |
| ARK Investment Management LLC 5.51% of their portfolio | 10.9m $802.4m | Added +251.1k |
| BAILLIE GIFFORD & CO 0.55% of their portfolio | 8.3m $615.0m | Reduced -91.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.64% of their portfolio | 6.6m $485.4m | Reduced -446.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.35% of their portfolio | 6.4m $469.0m | Reduced -72.2k |
| Amova Asset Management Americas, Inc. 4.73% of their portfolio | 5.7m $410.6m | Reduced -55.2k |
| Fisher Asset Management, LLC 0.23% of their portfolio | 5.2m $381.8m | Added +171.5k |
| STATE STREET CORP 0.02% of their portfolio | 5.0m $370.0m | Added +56.5k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 4.7m $349.7m | Reduced -804.0k |
| PUBLIC INVESTMENT FUND 0.98% of their portfolio | 4.7m $346.9m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.64% of their portfolio | 3.4m $249.5m | Added +307.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.2m $237.5m | Added +40.5k |
| NORGES BANK 0.05% of their portfolio | 3.2m $233.4m | Added +1.7m |
| TWO SIGMA INVESTMENTS, LP 0.68% of their portfolio | 3.1m $231.0m | Added +19.8k |
| FIL Ltd 0.22% of their portfolio | 2.6m $193.4m | Added +492.1k |
| FIRST TRUST ADVISORS LP 0.21% of their portfolio | 2.5m $181.1m | Added +271.0k |
| MORGAN STANLEY 0.02% of their portfolio | 2.4m $173.6m | Reduced -317.6k |
| ALKEON CAPITAL MANAGEMENT LLC 1.10% of their portfolio | 2.3m $172.1m | Added +400.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.59% of their portfolio | 1.6m $118.9m | Added +1.3m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.5m $107.6m | Reduced -17.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.4m $106.6m | Reduced -607.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.3m $99.5m | Added +9.4k |
| Newlands Management Operations LLC 1.72% of their portfolio | 1.3m $96.4m | Added +646.6k |
| Legal & General Group Plc 0.03% of their portfolio | 1.3m $96.0m | Added +23.6k |
| Comprehensive Financial Management LLC 2.62% of their portfolio | 1.2m $86.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $82.4m | Added +695.6k |
| Pacer Advisors, Inc. 0.35% of their portfolio | 1.1m $81.6m | Added +321.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.1m $78.3m | Added +131.3k |
| Swiss National Bank 0.04% of their portfolio | 877.4k $64.8m | Reduced -40.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 829.2k $61.2m | Reduced -1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 801.9k $59.2m | Added +24.8k |
| FEDERATED HERMES, INC. 0.14% of their portfolio | 769.9k $56.8m | Reduced -183.5k |
| GILDER GAGNON HOWE & CO LLC 0.91% of their portfolio | 740.1k $54.7m | Added +68.1k |
| Qube Research & Technologies Ltd 0.29% of their portfolio | 683.1k $50.4m | Added +205.6k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 672.8k $49.1m | Added +360.8k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 615.4k $45.5m | Reduced -305.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 559.2k $41.3m | Reduced -56.9k |
| Invesco Ltd. 0.01% of their portfolio | 553.7k $40.9m | Added +44.4k |
| California Public Employees Retirement System 0.04% of their portfolio | 545.7k $40.3m | Reduced -141.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 544.9k $40.2m | Reduced -25.9k |
| Amundi 0.02% of their portfolio | 531.2k $37.8m | Reduced -103.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.18% of their portfolio | 471.2k $34.8m | Added +63.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 468.7k $34.6m | Added +76.7k |
| Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio | 463.6k $34.2m | Reduced -6.0k |
| BARCLAYS PLC 0.03% of their portfolio | 436.3k $32.2m | Reduced -332.5k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 419.8k $31.0m | Reduced -66.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 408.8k $30.2m | Reduced -420.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 408.1k $30.1m | Added +3.1k |
| HHLR ADVISORS, LTD. 0.53% of their portfolio | 405.6k $29.9m | Unchanged |
| Optimus Prime Fund Management Co., Ltd. 4.14% of their portfolio | 399.0k $29.5m | Added +150.0k |
| Man Group plc 0.10% of their portfolio | 389.5k $28.8m | New |
| National Pension Service 0.05% of their portfolio | 378.0k $27.2m | Added +2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 374.9k $27.7m | Reduced -12.8k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.18% of their portfolio | 366.1k $27.0m | Added +200.0k |
| Invenomic Capital Management LP 1.51% of their portfolio | 360.1k $26.6m | Added +7.8k |
| PICTET ASSET MANAGEMENT SA 0.03% of their portfolio | 358.7k $26.5m | Reduced -208.0k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 5.74% of their portfolio | 338.4k $25.0m | New |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 328.8k $24.1m | Added +16.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 316.2k $23.3m | Reduced -54.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 288.6k $21.3m | Reduced -1.2k |
| Mizuho Markets Cayman LP 0.91% of their portfolio | 287.1k $21.2m | Reduced -165.1k |
| MIZUHO MARKETS AMERICAS LLC 0.91% of their portfolio | 287.1k $21.2m | Added +84.5k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 285.2k $21.1m | Added +1.1k |
| CITIGROUP INC 0.03% of their portfolio | 276.9k $20.4m | Reduced -27.9k |
| Gladstone Capital Management LLP 2.49% of their portfolio | 265.6k $19.6m | Reduced -186.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 258.3k $19.1m | Reduced -15.5k |
| Alyeska Investment Group, L.P. 0.17% of their portfolio | 257.8k $19.0m | Reduced -954.0k |
| SIMPLEX TRADING, LLC 0.86% of their portfolio | 257.6k $19.0m | Added +83.1k |
| Woodson Capital Management, LP 3.25% of their portfolio | 250.0k $18.5m | Added +90.0k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.84% of their portfolio | 246.0k $18.2m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 237.0k $17.3m | Reduced -75.5k |
| Galvin, Gaustad & Stein, LLC 1.69% of their portfolio | 231.7k $17.1m | Added +16.6k |
| Cubist Systematic Strategies, LLC 0.15% of their portfolio | 223.1k $16.5m | Added +177.5k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.19% of their portfolio | 211.6k $15.6m | Added +32.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 208.9k $15.4m | Reduced -239.6k |
| ProShare Advisors LLC 0.05% of their portfolio | 204.8k $15.1m | Added +12.9k |
| APG Asset Management N.V. 0.03% of their portfolio | 199.4k $13.6m | Reduced -36.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 184.6k $13.6m | Added +5.6k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 183.9k $13.6m | Reduced -57.4k |
| Swedbank AB 0.03% of their portfolio | 182.4k $13.5m | Added +55.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 179.6k $13.3m | Added +20.1k |
| Guinness Asset Management LTD 0.33% of their portfolio | 177.7k $13.1m | Added +204 |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 177.0k $13.1m | New |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 176.4k $13.0m | Reduced -1.7k |
| JUPITER ASSET MANAGEMENT LTD 0.18% of their portfolio | 176.3k $13.0m | Added +165.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 175.5k $13.0m | Reduced -148.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 171.7k $12.7m | Reduced -199.0k |
| Twin Tree Management, LP 0.36% of their portfolio | 171.5k $12.7m | New |
| Weiss Multi-Strategy Advisers LLC 0.30% of their portfolio | 165.2k $12.2m | Added +92.3k |
| Monaco Asset Management SAM 5.38% of their portfolio | 162.5k $12.0m | Added +62.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 160.8k $11.9m | Added +45.7k |
| Walleye Trading LLC 0.40% of their portfolio | 153.8k $11.4m | Reduced -18.5k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 151.2k $11.2m | Added +128.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 149.5k $11.0m | Added +32.0k |
| TUDOR INVESTMENT CORP ET AL 0.21% of their portfolio | 146.7k $10.8m | Added +56.3k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 143.8k $10.6m | Added +18.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 142.8k $10.6m | Added +91.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 138.6k $10.2m | Added +25.5k |