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 ($36.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.96. Options: 44 managers hold calls ($1.1bn notional), 38 hold puts ($1.2bn).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 664 |
| Q4 2022 | 656 |
| Q1 2023 | 661 |
| Q2 2023 | 655 |
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 |
| Q2 2023 | 309 | 269 |
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 |
| Q2 2023 | $1.1bn | $1.2bn | 1.12 |
Biggest buyers
| Newlands Management Operations LLC | Added | +4.5m |
| NORGES BANK | Added | +2.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.4m |
| Alyeska Investment Group, L.P. | Added | +1.4m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +1.2m |
| Contrarius Investment Management Ltd | New | +909.9k |
| CloudAlpha Capital Management Limited/Hong Kong | New | +730.9k |
| MORGAN STANLEY | Added | +667.4k |
| JANE STREET GROUP, LLC | Added | +655.8k |
Biggest sellers
| FMR LLC | Reduced | -7.4m |
| Fisher Asset Management, LLC | Reduced | -5.1m |
| BAILLIE GIFFORD & CO | Reduced | -4.4m |
| JPMORGAN CHASE & CO | Reduced | -3.1m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -722.8k |
| HHLR ADVISORS, LTD. | Sold out | -405.6k |
| ARK Investment Management LLC | Reduced | -404.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -404.3k |
| Qube Research & Technologies Ltd | Reduced | -393.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $187.8m2.8m shares |
| CITADEL ADVISORS LLC | Reduced | $168.6m2.5m shares |
| Parallax Volatility Advisers, L.P. | Added | $136.3m2.0m shares |
| CloudAlpha Capital Management Limited/Hong Kong | New | $132.4m1.9m shares |
| JANE STREET GROUP, LLC | Added | $77.0m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $66.3m977.2k shares |
| IMC-Chicago, LLC | Added | $62.2m916.3k shares |
| CTC LLC | Added | $59.6m8.8k shares |
| WOLVERINE TRADING, LLC | Added | $34.3m506.9k shares |
| NOMURA HOLDINGS INC | Reduced | $25.5m375.6k shares |
Biggest puts
| ALKEON CAPITAL MANAGEMENT LLC | Added | $366.6m5.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $283.6m4.2m shares |
| CITADEL ADVISORS LLC | Reduced | $165.2m2.4m shares |
| D. E. Shaw & Co., Inc. | Reduced | $77.3m1.1m shares |
| CTC LLC | Added | $51.1m7.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $40.4m594.7k shares |
| IMC-Chicago, LLC | Added | $33.6m495.1k shares |
| Walleye Trading LLC | Added | $31.4m462.1k shares |
| JANE STREET GROUP, LLC | Added | $29.2m430.4k shares |
| CLEAR STREET LLC | New | $20.4m300.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2023 | 0 | — | 4 | $6.7m | $6.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-28 | Steckelberg Kelly Chief Financial Officer | Sold plan | $749.7k11.0k shares |
| 2023-06-20 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $491.3k7.0k shares |
| 2023-06-14 | Subotovsky Santiago Director | Sold plan | $141.3k2.1k shares |
| 2023-06-13 | Steckelberg Kelly Chief Financial Officer | Sold plan | $222.3k3.2k shares |
| 2023-06-13 | Crehan Shane Chief Accounting Officer | Sold plan | $23.4k337 shares |
| 2023-06-06 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $484.2k7.0k shares |
| 2023-05-30 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $456.0k7.0k shares |
| 2023-05-30 | Steckelberg Kelly Chief Financial Officer | Sold plan | $210.1k3.2k shares |
| 2023-05-24 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $444.6k7.0k shares |
| 2023-05-12 | Steckelberg Kelly Chief Financial Officer | Sold plan | $205.9k3.2k shares |
| 2023-05-02 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $644.9k10.5k shares |
| 2023-04-27 | Steckelberg Kelly Chief Financial Officer | Sold plan | $198.9k3.2k shares |
| 2023-04-18 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $472.9k7.0k shares |
| 2023-04-13 | Crehan Shane Chief Accounting Officer | Sold plan | $752.8k11.0k shares |
| 2023-04-12 | Steckelberg Kelly Chief Financial Officer | Sold plan | $222.9k3.2k shares |
| 2023-04-11 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $488.3k7.0k shares |
| 2023-04-04 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $512.7k7.0k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 21.7m $1.5bn | Added +1.4m |
| BlackRock Inc. 0.03% of their portfolio | 13.4m $910.9m | Added +581.7k |
| ARK Investment Management LLC 4.70% of their portfolio | 10.5m $710.2m | Reduced -404.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.34% of their portfolio | 6.5m $438.1m | Added +103.2k |
| NORGES BANK 0.08% of their portfolio | 6.0m $407.9m | Added +2.8m |
| Amova Asset Management Americas, Inc. 4.16% of their portfolio | 5.8m $395.3m | Added +156.0k |
| Newlands Management Operations LLC 4.18% of their portfolio | 5.8m $392.7m | Added +4.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.54% of their portfolio | 5.5m $372.4m | Reduced -1.1m |
| STATE STREET CORP 0.02% of their portfolio | 5.2m $350.4m | Added +151.9k |
| FMR LLC 0.03% of their portfolio | 4.9m $335.7m | Reduced -7.4m |
| PUBLIC INVESTMENT FUND 0.82% of their portfolio | 4.7m $318.9m | Unchanged |
| BAILLIE GIFFORD & CO 0.23% of their portfolio | 3.9m $267.5m | Reduced -4.4m |
| TWO SIGMA ADVISERS, LP 0.66% of their portfolio | 3.8m $258.5m | Added +429.8k |
| ALKEON CAPITAL MANAGEMENT LLC 1.42% of their portfolio | 3.5m $237.8m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.3m $225.9m | Added +113.9k |
| TWO SIGMA INVESTMENTS, LP 0.57% of their portfolio | 3.1m $212.6m | Added +3.8k |
| MORGAN STANLEY 0.02% of their portfolio | 3.0m $204.9m | Added +667.4k |
| FIL Ltd 0.23% of their portfolio | 3.0m $202.9m | Added +370.2k |
| FIRST TRUST ADVISORS LP 0.21% of their portfolio | 2.7m $184.0m | Added +257.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.56% of their portfolio | 1.8m $119.1m | Added +144.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.19% of their portfolio | 1.7m $117.3m | Added +1.6m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.7m $114.4m | Reduced -3.1m |
| Alyeska Investment Group, L.P. 0.83% of their portfolio | 1.6m $109.2m | Added +1.4m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.5m $100.6m | Added +24.8k |
| Legal & General Group Plc 0.03% of their portfolio | 1.5m $98.7m | Added +154.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.3m $90.9m | Reduced -104.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $80.4m | Reduced -163.3k |
| Comprehensive Financial Management LLC 2.62% of their portfolio | 1.2m $79.5m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.1m $78.3m | Unchanged |
| Pacer Advisors, Inc. 0.28% of their portfolio | 1.0m $69.7m | Reduced -78.6k |
| Contrarius Investment Management Ltd 3.32% of their portfolio | 909.9k $61.8m | New |
| Amundi 0.03% of their portfolio | 888.2k $60.7m | Added +357.0k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 878.9k $59.7m | Added +109.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 855.6k $58.1m | Added +53.7k |
| Swiss National Bank 0.04% of their portfolio | 847.9k $57.6m | Reduced -29.5k |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 839.7k $57.0m | Added +655.8k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 821.9k $55.8m | Added +149.2k |
| JUPITER ASSET MANAGEMENT LTD 0.56% of their portfolio | 755.3k $51.3m | Added +579.0k |
| CloudAlpha Capital Management Limited/Hong Kong 9.77% of their portfolio | 730.9k $49.6m | New |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 721.6k $49.1m | Added +106.1k |
| GILDER GAGNON HOWE & CO LLC 0.67% of their portfolio | 719.7k $48.9m | Reduced -20.5k |
| Man Group plc 0.14% of their portfolio | 653.7k $44.4m | New |
| Invesco Ltd. 0.01% of their portfolio | 630.9k $42.8m | Added +77.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 630.3k $42.8m | Added +543.5k |
| Invenomic Capital Management LP 2.22% of their portfolio | 587.0k $39.8m | Added +226.8k |
| Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio | 526.5k $35.7m | Added +62.9k |
| BARCLAYS PLC 0.02% of their portfolio | 515.9k $35.0m | Added +79.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 514.2k $34.9m | Reduced -30.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 511.6k $34.7m | Added +42.8k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 506.8k $34.4m | Reduced -52.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 503.1k $34.2m | Added +95.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio | 479.9k $32.6m | Added +8.7k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 478.6k $32.5m | Added +58.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 464.6k $31.5m | Added +55.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 445.9k $30.3m | Reduced -99.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 427.0k $29.0m | Added +328.7k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.18% of their portfolio | 426.2k $28.9m | Added +60.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 424.9k $28.8m | Reduced -404.3k |
| National Pension Service 0.05% of their portfolio | 421.2k $28.5m | Added +43.2k |
| CITIGROUP INC 0.04% of their portfolio | 413.8k $28.1m | Added +136.9k |
| Optimus Prime Fund Management Co., Ltd. 3.78% of their portfolio | 399.0k $27.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 392.5k $26.6m | Reduced -722.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 384.5k $26.1m | Added +9.6k |
| UBS Group AG 0.01% of their portfolio | 312.9k $21.2m | Added +183.4k |
| Mizuho Markets Cayman LP 4.01% of their portfolio | 304.9k $20.7m | Added +17.9k |
| CLEAR STREET LLC 0.49% of their portfolio | 300.0k $20.4m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 298.0k $20.2m | Added +12.8k |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 290.0k $19.7m | Reduced -393.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 287.9k $19.5m | Reduced -662 |
| CAPITAL FUND MANAGEMENT S.A. 0.30% of their portfolio | 283.0k $19.2m | Added +195.8k |
| PICTET ASSET MANAGEMENT SA 0.02% of their portfolio | 282.3k $19.2m | Reduced -76.3k |
| APG Asset Management N.V. 0.03% of their portfolio | 271.4k $16.9m | Added +71.9k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 269.5k $18.3m | Added +269.5k |
| Walleye Trading LLC 0.93% of their portfolio | 263.7k $17.9m | Added +110.0k |
| Cubist Systematic Strategies, LLC 0.20% of their portfolio | 262.5k $17.8m | Added +39.4k |
| Guinness Asset Management LTD 0.41% of their portfolio | 258.4k $17.5m | Added +80.6k |
| Galvin, Gaustad & Stein, LLC 1.67% of their portfolio | 253.8k $17.2m | Added +22.2k |
| TUDOR INVESTMENT CORP ET AL 0.28% of their portfolio | 251.3k $17.1m | Added +104.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 249.1k $16.9m | Reduced -9.2k |
| KBC Group NV 0.07% of their portfolio | 240.0k $16.3m | Added +197.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 239.5k $16.3m | Added +2.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 220.2k $14.9m | Added +115.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 213.4k $14.5m | Added +203.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 203.7k $13.8m | Added +65.1k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 196.7k $13.3m | Added +17.1k |
| ProShare Advisors LLC 0.04% of their portfolio | 195.3k $13.3m | Reduced -9.5k |
| Skandinaviska Enskilda Banken AB (publ) 0.09% of their portfolio | 191.1k $13.0m | Added +148.9k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 189.4k $12.9m | Reduced -139.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 187.5k $12.7m | Added +2.9k |
| Swedbank AB 0.02% of their portfolio | 183.4k $12.5m | Added +989 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 181.3k $12.3m | Added +31.8k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 177.0k $13.1m | Unchanged |
| Monaco Asset Management SAM 6.38% of their portfolio | 175.0k $11.9m | Added +12.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 170.9k $11.6m | Reduced -145.3k |
| Kerrisdale Advisers, LLC 3.00% of their portfolio | 164.0k $11.1m | Added +73.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.11% of their portfolio | 162.1k $11.0m | Added +92.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 157.7k $10.7m | Added +82.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 156.1k $10.6m | New |
| NOMURA HOLDINGS INC 0.11% of their portfolio | 154.7k $10.5m | Added +131.1k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 154.3k $10.5m | Reduced -22.1k |