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 ($68.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.35. Options: 46 managers hold calls ($651.7m notional), 40 hold puts ($978.4m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 664 |
| Q4 2022 | 656 |
| Q1 2023 | 661 |
| Q2 2023 | 655 |
| Q3 2023 | 648 |
| Q4 2023 | 700 |
| Q1 2024 | 675 |
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 |
| Q3 2023 | 302 | 272 |
| Q4 2023 | 290 | 314 |
| Q1 2024 | 340 | 285 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.1bn | $1.2bn | 1.12 |
| Q3 2023 | $1.3bn | $1.3bn | 0.99 |
| Q4 2023 | $1.1bn | $1.5bn | 1.38 |
| Q1 2024 | $651.7m | $978.4m | 1.50 |
Biggest buyers
| MORGAN STANLEY | Added | +3.5m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.3m |
| FMR LLC | Added | +2.0m |
| KBC Group NV | Added | +1.2m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.1m |
| Ensign Peak Advisors, Inc | Added | +952.4k |
| BlackRock Inc. | Added | +862.1k |
| Alyeska Investment Group, L.P. | Added | +841.6k |
| Pacer Advisors, Inc. | Added | +840.8k |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +839.0k |
Biggest sellers
| PUBLIC INVESTMENT FUND | Sold out | -4.7m |
| ARK Investment Management LLC | Reduced | -4.6m |
| Amova Asset Management Americas, Inc. | Reduced | -1.7m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -1.7m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -970.7k |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -940.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -804.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -712.0k |
| NORGES BANK | Reduced | -584.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $165.8m2.5m shares |
| CITADEL ADVISORS LLC | Reduced | $107.5m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $35.7m546.4k shares |
| Walleye Trading LLC | Reduced | $35.5m543.0k shares |
| IMC-Chicago, LLC | Reduced | $34.8m532.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $22.5m344.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $21.6m330.2k shares |
| NOMURA HOLDINGS INC | Reduced | $18.0m275.0k shares |
| JANE STREET GROUP, LLC | Reduced | $16.9m258.1k shares |
| SANDLER CAPITAL MANAGEMENT | Added | $16.9m258.0k shares |
Biggest puts
| ALKEON CAPITAL MANAGEMENT LLC | Unchanged | $317.0m4.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $106.0m1.6m shares |
| CITADEL ADVISORS LLC | Reduced | $97.7m1.5m shares |
| Allianz Asset Management GmbH | New | $66.9m1.0m shares |
| D. E. Shaw & Co., Inc. | Reduced | $41.1m628.2k shares |
| Walleye Trading LLC | Reduced | $31.2m477.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $29.8m456.6k shares |
| Squarepoint Ops LLC | Added | $29.0m444.2k shares |
| Walleye Capital LLC | Added | $27.2m416.8k shares |
| Twin Tree Management, LP | Added | $26.7m409.1k 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 2024
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 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 |
| Q3 2023 | 0 | — | 7 | $8.7m | $7.9m |
| Q4 2023 | 0 | — | 6 | $13.7m | $13.7m |
| Q1 2024 | 0 | — | 6 | $6.5m | $6.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-20 | Steckelberg Kelly Chief Financial Officer | Sold plan | $332.8k5.0k shares |
| 2024-03-18 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $54.3k816 shares |
| 2024-03-12 | Crehan Shane Chief Accounting Officer | Sold plan | $135.2k1.9k shares |
| 2024-03-12 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold plan | $108.7k1.6k shares |
| 2024-03-06 | Steckelberg Kelly Chief Financial Officer | Sold plan | $335.9k5.0k shares |
| 2024-03-05 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $162.2k2.4k shares |
| 2024-03-04 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $169.0k2.4k shares |
| 2024-03-04 | Subotovsky Santiago Director | Sold plan | $144.3k2.1k shares |
| 2024-02-09 | Subotovsky Santiago Director | Sold plan | $136.2k2.1k shares |
| 2024-02-06 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $154.0k2.4k shares |
| 2024-02-05 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $154.2k2.4k shares |
| 2024-01-18 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $1.3m19.2k shares |
| 2024-01-11 | Crehan Shane Chief Accounting Officer | Sold plan | $306.2k4.5k shares |
| 2024-01-10 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $1.6m23.5k shares |
| 2024-01-10 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold plan | $1.1m15.6k shares |
| 2024-01-09 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $165.7k2.4k shares |
| 2024-01-02 | Subotovsky Santiago Director | Sold plan | $144.0k2.1k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 23.4m $1.5bn | Reduced -16.2k |
| BlackRock Inc. 0.02% of their portfolio | 15.2m $992.0m | Added +862.1k |
| MORGAN STANLEY 0.02% of their portfolio | 9.1m $591.6m | Added +3.5m |
| FMR LLC 0.03% of their portfolio | 7.6m $499.1m | Added +2.0m |
| ARK Investment Management LLC 2.87% of their portfolio | 6.3m $413.8m | Reduced -4.6m |
| Newlands Management Operations LLC 3.05% of their portfolio | 5.8m $378.2m | Unchanged |
| STATE STREET CORP 0.02% of their portfolio | 5.8m $377.5m | Added +102.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 5.6m $367.5m | Added +190.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.22% of their portfolio | 4.9m $320.3m | Reduced -1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.3m $282.2m | Added +291.2k |
| Amova Asset Management Americas, Inc. 2.80% of their portfolio | 4.3m $281.7m | Reduced -1.7m |
| ALKEON CAPITAL MANAGEMENT LLC 1.54% of their portfolio | 4.3m $279.4m | Added +839.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.42% of their portfolio | 4.1m $267.6m | Reduced -804.3k |
| TWO SIGMA ADVISERS, LP 0.56% of their portfolio | 3.7m $242.3m | Reduced -265.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.2m $212.2m | Added +320.7k |
| AQR CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 3.2m $209.9m | Added +2.3m |
| ACADIAN ASSET MANAGEMENT LLC 0.69% of their portfolio | 3.0m $199.1m | Added +1.1m |
| FIL Ltd 0.19% of their portfolio | 2.9m $190.2m | Reduced -160.2k |
| TWO SIGMA INVESTMENTS, LP 0.46% of their portfolio | 2.8m $186.0m | Added +33.3k |
| Pacer Advisors, Inc. 0.40% of their portfolio | 2.7m $174.4m | Added +840.8k |
| D. E. Shaw & Co., Inc. 0.19% of their portfolio | 2.3m $149.5m | Added +400.1k |
| Alyeska Investment Group, L.P. 0.92% of their portfolio | 2.3m $147.7m | Added +841.6k |
| Qube Research & Technologies Ltd 0.23% of their portfolio | 1.9m $126.9m | Added +286.8k |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 1.9m $122.8m | Added +165.3k |
| KBC Group NV 0.37% of their portfolio | 1.8m $115.3m | Added +1.2m |
| NORGES BANK 0.02% of their portfolio | 1.7m $111.1m | Reduced -584.7k |
| Legal & General Group Plc 0.03% of their portfolio | 1.6m $102.8m | Added +51.3k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.5m $99.1m | Reduced -36.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $80.2m | Added +465.7k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.2m $78.3m | Reduced -970.7k |
| Comprehensive Financial Management LLC 2.48% of their portfolio | 1.2m $76.6m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $75.5m | Added +78.9k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 1.1m $74.7m | Added +952.4k |
| Amundi 0.03% of their portfolio | 1.1m $68.2m | Reduced -4.1k |
| Contrarius Investment Management Ltd 4.28% of their portfolio | 1.1m $73.9m | Reduced -33.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.1m $72.0m | Added +68.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 1.1m $69.7m | Added +61.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.0m $68.2m | Reduced -26.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio | 913.1k $59.7m | Reduced -408.3k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 751.2k $49.1m | Added +55.2k |
| Swiss National Bank 0.03% of their portfolio | 734.1k $48.0m | Reduced -11.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 690.3k $45.1m | Reduced -4.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 688.4k $45.0m | Reduced -712.0k |
| Invenomic Capital Management LP 2.34% of their portfolio | 672.9k $44.0m | Added +92.2k |
| Retirement Systems of Alabama 0.16% of their portfolio | 646.9k $42.3m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 639.7k $41.8m | Added +478.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.50% of their portfolio | 622.0k $40.7m | Added +94.3k |
| CREDIT SUISSE AG/ 0.04% of their portfolio | 606.9k $39.7m | Reduced -31.1k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 601.9k $39.3m | Added +118.5k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 590.0k $39.1m | Added +176.3k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 583.8k $38.2m | Added +69.2k |
| CITIGROUP INC 0.04% of their portfolio | 551.2k $36.0m | Added +260.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 547.7k $35.8m | Added +21.1k |
| DekaBank Deutsche Girozentrale 0.07% of their portfolio | 529.0k $35.0m | Added +454.9k |
| FEDERATED HERMES, INC. 0.08% of their portfolio | 509.2k $33.3m | Reduced -63.7k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 508.3k $33.2m | Added +499.3k |
| BAILLIE GIFFORD & CO 0.03% of their portfolio | 506.0k $33.1m | Reduced -522.0k |
| BANK OF NOVA SCOTIA 0.06% of their portfolio | 488.9k $32.0m | Added +8.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.11% of their portfolio | 480.4k $31.4m | Reduced -6.6k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 463.1k $30.3m | Added +325.1k |
| National Pension Service 0.04% of their portfolio | 456.8k $29.9m | Added +35.9k |
| Invesco Ltd. 0.01% of their portfolio | 455.4k $29.8m | Reduced -26.8k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 455.1k $29.8m | Reduced -553.9k |
| California Public Employees Retirement System 0.02% of their portfolio | 446.2k $29.2m | Reduced -2.3k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 441.2k $30.2m | Added +38.9k |
| GILDER GAGNON HOWE & CO LLC 0.36% of their portfolio | 438.6k $28.7m | Reduced -263.6k |
| UBS Group AG 0.01% of their portfolio | 423.1k $27.7m | Added +99.7k |
| Optimus Prime Fund Management Co., Ltd. 2.60% of their portfolio | 399.0k $26.1m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 396.2k $25.9m | Added +6.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 375.9k $24.6m | Reduced -400.5k |
| TUDOR INVESTMENT CORP ET AL 0.30% of their portfolio | 375.1k $24.5m | Added +183.2k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.30% of their portfolio | 369.3k $24.1m | New |
| Cubist Systematic Strategies, LLC 0.27% of their portfolio | 367.8k $24.0m | Added +172.2k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 361.0k $24.0m | Added +90.8k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 5.71% of their portfolio | 359.3k $23.5m | Added +87.4k |
| SG Americas Securities, LLC 0.12% of their portfolio | 357.6k $23.4m | Added +341.6k |
| SpiderRock Advisors, LLC 0.75% of their portfolio | 350.5k $23.2m | New |
| APG Asset Management N.V. 0.04% of their portfolio | 334.2k $20.2m | Added +56.3k |
| Galvin, Gaustad & Stein, LLC 2.00% of their portfolio | 332.5k $21.7m | Added +4.5k |
| BARCLAYS PLC 0.01% of their portfolio | 330.2k $21.6m | Reduced -77.6k |
| Man Group plc 0.06% of their portfolio | 315.4k $20.6m | Added +286.8k |
| Korea Investment CORP 0.05% of their portfolio | 303.1k $19.8m | Added +108.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 295.5k $19.3m | Added +679 |
| Guinness Asset Management LTD 0.40% of their portfolio | 293.4k $19.2m | Added +17.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 288.6k $21.3m | Reduced -44 |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 276.1k $18.1m | Added +1.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 264.3k $17.3m | Added +65.2k |
| Avory & Company, LLC 11.73% of their portfolio | 263.6k $17.2m | Added +26.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 257.4k $16.8m | Added +39.3k |
| Monaco Asset Management SAM 7.39% of their portfolio | 254.8k $16.7m | Added +76.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.74% of their portfolio | 243.5k $15.9m | New |
| Handelsbanken Fonder AB 0.07% of their portfolio | 232.8k $15.2m | Added +184.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 229.6k $15.2m | Reduced -14.7k |
| OSSIAM 0.26% of their portfolio | 229.5k $15.0m | Reduced -2.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 229.0k $15.0m | Added +47.1k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.17% of their portfolio | 227.3k $14.9m | Reduced -149.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 224.8k $14.7m | Reduced -58.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 224.3k $14.7m | Added +67.2k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 218.1k $14.3m | Added +203.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 217.7k $14.2m | Reduced -21.1k |