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 ($62.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.59. Options: 50 managers hold calls ($839.5m notional), 46 hold puts ($728.2m).
Trends to Q3 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 |
| Q2 2024 | 659 |
| Q3 2024 | 671 |
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 |
| Q2 2024 | 306 | 324 |
| Q3 2024 | 338 | 281 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.1bn | $1.5bn | 1.38 |
| Q1 2024 | $651.7m | $978.4m | 1.50 |
| Q2 2024 | $603.7m | $600.6m | 0.99 |
| Q3 2024 | $839.5m | $728.2m | 0.87 |
Biggest buyers
| NORGES BANK | Added | +4.5m |
| FMR LLC | Added | +2.4m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.6m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.4m |
| Qube Research & Technologies Ltd | Added | +1.1m |
| EAGLE ASSET MANAGEMENT INC | New | +889.6k |
| Amundi | Added | +804.5k |
| GOLDMAN SACHS GROUP INC | Added | +633.4k |
| D. E. Shaw & Co., Inc. | Added | +564.0k |
| LSV ASSET MANAGEMENT | Added | +533.5k |
Biggest sellers
| Alyeska Investment Group, L.P. | Reduced | -3.9m |
| Amova Asset Management Americas, Inc. | Sold out | -3.1m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -3.1m |
| ARK Investment Management LLC | Reduced | -2.5m |
| Point72 Asset Management, L.P. | Reduced | -1.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.6m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -808.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -672.9k |
| TWINBEECH CAPITAL LP | Reduced | -506.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $212.1m3.0m shares |
| CITADEL ADVISORS LLC | Reduced | $132.3m1.9m shares |
| Walleye Trading LLC | Added | $89.0m1.3m shares |
| JANE STREET GROUP, LLC | Added | $48.2m691.6k shares |
| SIMPLEX TRADING, LLC | Added | $46.2m662.3k shares |
| IMC-Chicago, LLC | Reduced | $36.9m528.4k shares |
| UBS Group AG | Added | $35.3m506.2k shares |
| PEAK6 Investments LLC | Added | $31.4m450.2k shares |
| JPMORGAN CHASE & CO | New | $19.5m280.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $19.5m279.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $158.3m2.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $111.5m1.6m shares |
| UBS Group AG | Added | $88.6m1.3m shares |
| D. E. Shaw & Co., Inc. | Added | $59.3m849.9k shares |
| Walleye Trading LLC | Added | $44.1m633.0k shares |
| IMC-Chicago, LLC | Added | $38.1m545.7k shares |
| Twin Tree Management, LP | Reduced | $31.5m452.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.5m379.4k shares |
| JANE STREET GROUP, LLC | Reduced | $21.0m301.1k shares |
| Walleye Capital LLC | Added | $17.5m250.7k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2024 | 0 | — | 6 | $8.1m | $8.0m |
| Q3 2024 | 0 | — | 5 | $10.1m | $9.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-18 | Steckelberg Kelly Chief Financial Officer | Sold plan | $591.7k8.9k shares |
| 2024-09-11 | Crehan Shane Chief Accounting Officer | Sold plan | $97.5k1.5k shares |
| 2024-09-10 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold | $241.7k3.6k shares |
| 2024-09-10 | Crehan Shane Chief Accounting Officer | Sold plan | $103.6k1.6k shares |
| 2024-09-10 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $55.1k831 shares |
| 2024-09-05 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $163.8k2.4k shares |
| 2024-09-05 | Bawa Aparna Chief Operating Officer · See footnote | Sold | $59.9k880 shares |
| 2024-09-04 | Steckelberg Kelly Chief Financial Officer | Sold plan | $609.1k8.9k shares |
| 2024-09-04 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $165.5k2.4k shares |
| 2024-08-21 | Steckelberg Kelly Chief Financial Officer | Sold plan | $299.3k5.0k shares |
| 2024-08-07 | Steckelberg Kelly Chief Financial Officer | Sold plan | $283.6k5.0k shares |
| 2024-08-06 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $135.8k2.4k shares |
| 2024-08-05 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $135.8k2.4k shares |
| 2024-07-24 | Steckelberg Kelly Chief Financial Officer | Sold plan | $293.6k5.0k shares |
| 2024-07-18 | Bawa Aparna Chief Operating Officer · See footnote | Sold plan | $587.0k10.3k shares |
| 2024-07-10 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $1.2m20.9k shares |
| 2024-07-10 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold plan | $734.8k13.0k shares |
| 2024-07-10 | Steckelberg Kelly Chief Financial Officer | Sold plan | $281.5k5.0k shares |
| 2024-07-09 | Yuan Eric S. Chief Executive Officer, director · See footnote | Sold plan | $2.2m37.8k shares |
| 2024-07-09 | Steckelberg Kelly Chief Financial Officer · See footnote | Sold plan | $822.8k14.4k shares |
| 2024-07-09 | Bawa Aparna Chief Operating Officer · See footnote | Sold | $632.1k11.1k shares |
| 2024-07-09 | Sankarlingam Velchamy Pres. of Engineering & Product | Sold plan | $187.0k3.3k shares |
| 2024-07-09 | Crehan Shane Chief Accounting Officer | Sold plan | $135.3k2.4k shares |
| 2024-07-08 | Crehan Shane Chief Accounting Officer | Sold plan | $145.2k2.5k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 24.3m $1.7bn | Added +487.3k |
| BlackRock, Inc. 0.02% of their portfolio | 15.4m $1.1bn | First filing |
| FMR LLC 0.05% of their portfolio | 12.4m $867.9m | Added +2.4m |
| AQR CAPITAL MANAGEMENT LLC 0.69% of their portfolio | 7.2m $499.7m | Added +1.4m |
| STATE STREET CORP 0.02% of their portfolio | 6.1m $425.9m | Added +134.6k |
| NORGES BANK 0.06% of their portfolio | 6.0m $419.1m | Added +4.5m |
| Newlands Management Operations LLC 2.91% of their portfolio | 5.8m $403.5m | Unchanged |
| Pacer Advisors, Inc. 0.82% of their portfolio | 5.5m $382.2m | Added +233.2k |
| T. Rowe Price Investment Management, Inc. 0.22% of their portfolio | 5.1m $358.3m | Reduced -38.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.6m $320.2m | Added +184.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 4.1m $285.0m | Reduced -1.6m |
| RENAISSANCE TECHNOLOGIES LLC 0.41% of their portfolio | 3.9m $273.7m | Added +468.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.76% of their portfolio | 3.5m $245.3m | Reduced -1.4m |
| FIL Ltd 0.18% of their portfolio | 2.9m $202.5m | Reduced -10.6k |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $136.8m | Reduced -493.7k |
| Legal & General Group Plc 0.03% of their portfolio | 1.9m $130.1m | Added +168.5k |
| KBC Group NV 0.38% of their portfolio | 1.8m $126.0m | Added +3.8k |
| Qube Research & Technologies Ltd 0.22% of their portfolio | 1.7m $120.3m | Added +1.1m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.7m $119.7m | Reduced -109.2k |
| TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio | 1.6m $108.5m | Added +1.6m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.5m $107.9m | Added +181.2k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 1.5m $104.3m | Reduced -226.0k |
| TWO SIGMA ADVISERS, LP 0.24% of their portfolio | 1.4m $101.0m | Added +128.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.4m $100.5m | Added +457.9k |
| Amundi 0.04% of their portfolio | 1.4m $97.0m | Added +804.5k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 1.3m $93.0m | Reduced -215.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.3m $90.5m | Added +78.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.07% of their portfolio | 1.3m $89.9m | Added +8.6k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 1.3m $87.7m | Added +167.6k |
| California Public Employees Retirement System 0.06% of their portfolio | 1.3m $87.4m | Added +70.4k |
| Comprehensive Financial Management LLC 2.27% of their portfolio | 1.2m $81.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.2m $81.2m | Added +633.4k |
| D. E. Shaw & Co., Inc. 0.10% of their portfolio | 1.1m $77.6m | Added +564.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $77.1m | Added +32.8k |
| Alyeska Investment Group, L.P. 0.38% of their portfolio | 1.1m $73.6m | Reduced -3.9m |
| LSV ASSET MANAGEMENT 0.15% of their portfolio | 970.6k $67.7m | Added +533.5k |
| Retirement Systems of Alabama 0.24% of their portfolio | 903.8k $63.0m | Added +293.4k |
| Contrarius Investment Management Ltd 3.59% of their portfolio | 903.5k $63.0m | Added +13.7k |
| EAGLE ASSET MANAGEMENT INC 0.37% of their portfolio | 889.6k $72.5m | New |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 879.7k $61.3m | Added +121.3k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 873.2k $60.9m | Added +325.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 853.3k $59.5m | Added +54.7k |
| Swiss National Bank 0.03% of their portfolio | 743.3k $51.8m | Added +9.4k |
| FEDERATED HERMES, INC. 0.11% of their portfolio | 687.2k $47.9m | Added +138.2k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 685.4k $47.8m | Reduced -171.8k |
| National Pension Service 0.04% of their portfolio | 655.2k $45.7m | Added +151.7k |
| Ensign Peak Advisors, Inc 0.08% of their portfolio | 629.7k $43.9m | Reduced -215.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 619.5k $43.2m | Added +213.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.13% of their portfolio | 615.8k $42.9m | Added +33.6k |
| Invenomic Capital Management LP 2.36% of their portfolio | 611.7k $42.7m | Reduced -121.5k |
| UBS Group AG 0.01% of their portfolio | 606.8k $42.3m | Added +52.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 606.1k $42.3m | Reduced -3.1m |
| Invesco Ltd. 0.01% of their portfolio | 602.6k $42.0m | Added +34.3k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 593.7k $41.4m | Added +2.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.18% of their portfolio | 557.5k $38.9m | Added +343.8k |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 551.7k $38.5m | Added +9.6k |
| DekaBank Deutsche Girozentrale 0.07% of their portfolio | 537.6k $37.4m | Reduced -14.3k |
| Altshuler Shaham Ltd 2.24% of their portfolio | 532.8k $37.2m | Added +518.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 503.8k $35.1m | Added +6.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 503.0k $35.1m | Added +337.1k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 500.0k $7.2k | Added +492.5k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 497.9k $34.7m | Added +79.9k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 469.6k $32.8m | Added +303.6k |
| TD Asset Management Inc 0.03% of their portfolio | 468.1k $32.6m | Added +2.4k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 465.8k $32.5m | Added +442.9k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 444.4k $31.0m | Added +229.4k |
| GILDER GAGNON HOWE & CO LLC 0.36% of their portfolio | 429.0k $29.9m | Reduced -3.6k |
| Point72 Asset Management, L.P. 0.10% of their portfolio | 404.7k $28.2m | Reduced -1.8m |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 398.9k $27.8m | Reduced -114.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 370.8k $25.9m | Reduced -21.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 368.8k $25.7m | Added +120.3k |
| CITIGROUP INC 0.02% of their portfolio | 360.4k $25.1m | Reduced -22.8k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 358.1k $24.9m | Reduced -113.8k |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 339.1k $23.7m | Added +276 |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 331.8k $22.5m | Added +115.8k |
| Cubist Systematic Strategies, LLC 0.35% of their portfolio | 331.7k $23.1m | New |
| Andra AP-fonden 0.32% of their portfolio | 313.3k $21.8m | Added +74.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 311.2k $21.7m | Added +10.7k |
| Galvin, Gaustad & Stein, LLC 1.93% of their portfolio | 310.0k $21.6m | Reduced -5.7k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 305.7k $21.4m | Reduced -10.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.48% of their portfolio | 303.1k $21.1m | Added +95.3k |
| Avory & Company, LLC 12.55% of their portfolio | 296.8k $20.7m | Added +18.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 290.2k $20.2m | Reduced -22.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 282.9k $19.7m | Reduced -672.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 280.8k $19.6m | Reduced -64.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 279.6k $19.5m | Reduced -8.5k |
| Skandinaviska Enskilda Banken AB (publ) 0.09% of their portfolio | 272.0k $19.0m | Reduced -140.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 269.7k $18.8m | Reduced -7.0k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.19% of their portfolio | 267.0k $18.6m | Reduced -2.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 266.8k $18.6m | Reduced -30.5k |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 264.1k $18.4m | Added +13.5k |
| BARCLAYS PLC 0.01% of their portfolio | 257.4k $18.0m | Reduced -16.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 257.3k $17.9m | Added +3.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 247.5k $17.3m | Reduced -397.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 243.4k $17.0m | Reduced -808.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 234.9k $16.4m | Added +165.4k |
| OSSIAM 0.31% of their portfolio | 229.7k $16.0m | Added +147 |
| Illinois Municipal Retirement Fund 0.22% of their portfolio | 224.1k $15.6m | Added +18.1k |
| Distillate Capital Partners LLC 0.78% of their portfolio | 223.7k $15.6m | Reduced -14.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 218.3k $15.2m | Added +65.7k |