Vault-13

ZUORA INC ZUO

COM CL A · Common Stock · CUSIP 98983V106 · ISIN US98983V1061

188 institutional holders -7 vs Q4 2022
99,081,31999.1m shares reported held*
$978.8mreported value*
29 new 60 added 65 reduced 35 sold out net bought ≈ $38.7m (+3.9m shares)

* 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 ($480.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.88. Options: 8 managers hold calls ($3.3m notional), 6 hold puts ($501.3k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 200Q4 22: 195Q1 23: 188188Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022200
Q4 2022195
Q1 2023188

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 88 bought or addedQ4 22: 104 cut or sold outQ4 22Q1 23: 89 bought or addedQ1 23: 100 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202288104
Q1 202389100

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $1.5mQ3 22 puts: $972.0kQ3 22P/C 0.63Q4 22 calls: $2.4mQ4 22 puts: $1.2mQ4 22P/C 0.50Q1 23 calls: $3.3mQ1 23 puts: $501.3kQ1 23P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2022$1.5m$972.0k0.63
Q4 2022$2.4m$1.2m0.50
Q1 2023$3.3m$501.3k0.15

Biggest buyers

Praesidium Investment Management Company, LLC Added +2,332,230+2.3m
Bank of New York Mellon Corp Added +1,225,569+1.2m
EMERALD ADVISERS, LLC Added +1,081,129+1.1m
GAGNON SECURITIES LLC New +1,077,563+1.1m
Solel Partners LP Added +1,055,100+1.1m
LORD, ABBETT & CO. LLC New +917,694+917.7k
EMERALD MUTUAL FUND ADVISERS TRUST New +901,501+901.5k
Penn Capital Management Company, LLC New +726,353+726.4k
VANGUARD GROUP INC Added +506,213+506.2k
NEW YORK STATE COMMON RETIREMENT FUND Added +436,688+436.7k

Biggest sellers

FMR LLC Reduced -2,789,595-2.8m
BROWN ADVISORY INC Sold out -2,214,689-2.2m
Bares Capital Management, Inc. Reduced -633,325-633.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -600,000-600.0k
BANK OF AMERICA CORP /DE/ Reduced -489,806-489.8k
TWO SIGMA INVESTMENTS, LP Reduced -459,257-459.3k
Clearline Capital LP Sold out -344,570-344.6k
FIRST TRUST ADVISORS LP Reduced -290,272-290.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -279,497-279.5k
ACADIAN ASSET MANAGEMENT LLC Reduced -279,106-279.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m123.6k shares
CITADEL ADVISORS LLC Unchanged $1.2m123.1k shares
JANE STREET GROUP, LLC Added $582.9k59.0k shares
SIMPLEX TRADING, LLC Reduced $152.0k15.4k shares
Walleye Trading LLC Reduced $98.8k10.0k shares
GROUP ONE TRADING LLC Reduced $74.1k7.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0300 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $255.9k25.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $174.9k17.7k shares
GROUP ONE TRADING LLC Reduced $34.6k3.5k shares
SIMPLEX TRADING, LLC Added $31.0k3.2k shares
Walleye Trading LLC Reduced $4.9k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-02-05 9.1% 13.3m 2025-02-05
BARCLAYS PLC 13G · institution no change · filed 2025-03-21 5.8% no change 8.4m 2025-03-21

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,198,43913.2m $130.4m $130.4m 0.00% Added +506.2k +506,213
2 BlackRock Inc. 0.00% of their portfolio New York, NY 10,687,46310.7m $105.6m $105.6m 0.00% Added +156.6k +156,550
3 Praesidium Investment Management Company, LLC 6.46% of their portfolio New York, NY 7,233,0267.2m $71.5m $71.5m 6.46% Added +2.3m +2,332,230
4 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 7,034,9517.0m $69.5m $69.5m 0.02% Added +1.2m +1,225,569
5 BAILLIE GIFFORD & CO 0.05% of their portfolio EDINBURGH, X0 5,110,1685.1m $50.5m $50.5m 0.05% Reduced -8.1k -8,086
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 3,362,2393.4m $33.2m $33.2m 0.02% Reduced -279.5k -279,497
7 Archon Capital Management LLC 10.44% of their portfolio Seattle, WA 2,981,7853.0m $29.5m $29.5m 10.44% Reduced -180.6k -180,600
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,706,9872.7m $26.7m $26.7m 0.00% Added +177.3k +177,344
9 Solel Partners LP 4.84% of their portfolio BOSTON, MA 2,395,3392.4m $23.7m $23.7m 4.84% Added +1.1m +1,055,100
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,353,9322.4m $23.3m $23.3m 0.00% Added +158.7k +158,705
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,255,7812.3m $22.3m $22.3m 0.00% Added +378.8k +378,814
12 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 2,146,4072.1m $21.2m $21.2m 0.02% Reduced -290.3k -290,272
13 FMR LLC 0.00% of their portfolio BOSTON, MA 1,502,9801.5m $14.8m $14.8m 0.00% Reduced -2.8m -2,789,595
14 KORNITZER CAPITAL MANAGEMENT INC /KS 0.28% of their portfolio SHAWNEE MISSION, KS 1,441,8401.4m $14.2m $14.2m 0.28% Added +175.2k +175,250
15 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,364,0271.4m $13.5m $13.5m 0.01% Added +190.9k +190,920
16 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 1,357,1001.4m $13.4m $13.4m 0.03% Reduced -84.3k -84,300
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,186,4471.2m $11.7m $11.7m 0.00% Added +47.0k +47,041
18 Potrero Capital Research LLC 7.78% of their portfolio SAN FRANCISCO, CA 1,171,4751.2m $11.6m $11.6m 7.78% Added +38.4k +38,433
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,109,3641.1m $11.0m $11.0m 0.00% Reduced -98.5k -98,456
20 NEEDHAM INVESTMENT MANAGEMENT LLC 1.87% of their portfolio NEW YORK, NY 1,100,0001.1m $10.9m $10.9m 1.87% Added +372.5k +372,512
21 EMERALD ADVISERS, LLC 0.51% of their portfolio LEOLA, PA 1,085,9291.1m $10.7m $10.7m 0.51% Added +1.1m +1,081,129
22 GAGNON SECURITIES LLC 2.24% of their portfolio New York, NY 1,077,5631.1m $10.6m $10.6m 2.24% New
23 Bares Capital Management, Inc. 0.37% of their portfolio AUSTIN, TX 1,048,9471.0m $10.4m $10.4m 0.37% Reduced -633.3k -633,325
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 997,974998.0k $9.9m $9.9m 0.00% Added +16.9k +16,891
25 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 917,694917.7k $9.1m $9.1m 0.02% New
26 EMERALD MUTUAL FUND ADVISERS TRUST 0.53% of their portfolio LEOLA, PA 901,501901.5k $8.9m $8.9m 0.53% New
27 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 864,525864.5k $8.5m $8.5m 0.01% Added +345.0k +345,037
28 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 843,000843.0k $8.3m $8.3m 0.01% Reduced -600.0k -600,000
29 Horrell Capital Management, Inc. 2.35% of their portfolio LITTLE ROCK, AR 760,000760.0k $7.5m $7.5m 2.35% Unchanged
30 PEREGRINE CAPITAL MANAGEMENT LLC 0.21% of their portfolio MINNEAPOLIS, MN 728,933728.9k $7.2m $7.2m 0.21% Added +21.3k +21,277
31 Penn Capital Management Company, LLC 0.71% of their portfolio PHILADELPHIA, PA 726,353726.4k $7.1m $7.1m 0.71% New
32 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.08% of their portfolio New York, NY 710,865710.9k $7.0m $7.0m 0.08% Added +132.2k +132,176
33 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 687,651687.7k $6.8m $6.8m 0.02% Reduced -459.3k -459,257
34 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 674,147674.1k $6.7m $6.7m 0.01% Added +198.8k +198,815
35 FRONTIER CAPITAL MANAGEMENT CO LLC 0.07% of their portfolio Boston, MA 645,324645.3k $6.4m $6.4m 0.07% Reduced -81.4k -81,384
36 RICE HALL JAMES & ASSOCIATES, LLC 0.36% of their portfolio San Diego, CA 638,570638.6k $6.3m $6.3m 0.36% Added +164.6k +164,589
37 First Washington CORP 2.93% of their portfolio SEATTLE, WA 600,817600.8k $5.9m $5.9m 2.93% Unchanged
38 PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio BOSTON, MA 588,975589.0k $5.8m $5.8m 0.04% Added +44.0k +43,950
39 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 563,134563.1k $5.6m $5.6m 0.01% Added +22.3k +22,296
40 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 551,199551.2k $5.4m $5.4m 0.01% Added +363.2k +363,157
41 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 515,400515.4k $5.1m $5.1m 0.01% Added +436.7k +436,688
42 Gagnon Advisors, LLC 3.41% of their portfolio New York, NY 514,247514.2k $5.1m $5.1m 3.41% Added +103.0k +102,966
43 Palogic Value Management, L.P. 2.30% of their portfolio DALLAS, TX 475,000475.0k $4.7m $4.7m 2.30% Reduced -162.0k -162,000
44 FORMULA GROWTH LTD 1.27% of their portfolio MONTREAL, A8 400,000400.0k $4.0m $4.0m 1.27% Reduced -142.3k -142,261
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 395,417395.4k $3.9m $3.9m 0.00% Reduced -165.3k -165,320
46 George Kaiser Family Foundation 0.59% of their portfolio TULSA, OK 371,076371.1k $3.7m $3.7m 0.59% Added +114.7k +114,710
47 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 356,662356.7k $3.5m $3.5m 0.02% Reduced -279.1k -279,106
48 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 342,810342.8k $3.2m $3.2m 0.00% Reduced -6.5k -6,492
49 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 306,156306.2k $3.0m $3.0m 0.00% Reduced -221.3k -221,322
50 CWM, LLC 0.02% of their portfolio OMAHA, NE 303,670303.7k $3.0m $3.0m 0.02% Reduced -12.1k -12,091
51 NORGES BANK 0.00% of their portfolio OSLO, Q8 303,000303.0k $3.0m $3.0m 0.00% New
52 Taylor Frigon Capital Management LLC 1.56% of their portfolio SCOTTSDALE, AZ 289,631289.6k $2.9m $2.9m 1.56% Reduced -6.3k -6,334
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 269,881269.9k $2.7m $2.7m 0.00% Reduced -27.3k -27,270
54 Swiss National Bank 0.00% of their portfolio ZURICH, V8 267,200267.2k $2.6m $2.6m 0.00% Reduced -25.4k -25,400
55 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 266,839266.8k $2.6m $2.6m 0.01% Reduced -24.6k -24,627
56 WESTERLY CAPITAL MANAGEMENT, LLC 1.78% of their portfolio SAN FRANCISCO, CA 250,000250.0k $2.5m $2.5m 1.78% Reduced -100.0k -100,000
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 248,447248.4k $2.5m $2.5m 0.00% Reduced -489.8k -489,806
58 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 245,326245.3k $2.4m $2.4m 0.01% Reduced -604 -604
59 Washington Harbour Partners LP 4.40% of their portfolio ARLINGTON, VA 233,443233.4k $2.3m $2.3m 4.40% New
60 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 233,352233.4k $2.3m $2.3m 0.01% Added +30.2k +30,166
61 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 195,449195.4k $1.9m $1.9m 0.02% Added +111.6k +111,617
62 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 194,932194.9k $1.9m $1.9m 0.01% New
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 194,807194.8k $1.9m $1.9m 0.00% Added +36.2k +36,213
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 189,156189.2k $1.9m $1.9m 0.00% Added +115.8k +115,802
65 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 181,200181.2k $1.8m $1.8m 0.01% New
66 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 165,751165.8k $1.6m $1.6m 0.00% Added +14.8k +14,750
67 HarbourVest Partners LLC 0.55% of their portfolio Boston, MA 163,894163.9k $1.6m $1.6m 0.55% Unchanged
68 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 155,583155.6k $1.5m $1.5m 0.00% Added +716 +716
69 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 147,081147.1k $1.5m $1.5m 0.00% Added +9.1k +9,122
70 ESSEX INVESTMENT MANAGEMENT CO LLC 0.20% of their portfolio BOSTON, MA 139,046139.0k $1.4m $1.4m 0.20% Added +26.5k +26,467
71 Legal & General Group Plc 0.00% of their portfolio London, X0 137,932137.9k $1.4m $1.4m 0.00% Added +14.5k +14,490
72 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 133,360133.4k $1.3m $1.3m 0.04% New
73 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 132,600132.6k $1.3m $1.3m 0.00% Reduced -1.6k -1,600
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 114,066114.1k $1.1m $1.1m 0.00% Reduced -2.4k -2,360
75 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 109,114109.1k $1.1m $1.1m 0.00% Added +28.8k +28,789
76 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 102,647102.6k $1.0m $1.0m 0.00% Added +29.5k +29,475
77 Capital Impact Advisors, LLC 1.16% of their portfolio Boston, MA 95,43295.4k $942.9k $942.9k 1.16% Reduced -1.5k -1,513
78 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 92,89692.9k $917.8k $917.8k 0.00% Reduced -43.6k -43,617
79 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 92,21392.2k $911.1k $911.1k 0.04% Added +30.6k +30,648
80 Frank, Rimerman Advisors LLC 0.24% of their portfolio Palo Alto, CA 88,90188.9k $878.3k $878.3k 0.24% New
81 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 88,78788.8k $877.2k $877.2k 0.00% Added +26.1k +26,090
82 Mariner, LLC 0.00% of their portfolio Overland Park, KS 87,38887.4k $863.0k $863.0k 0.00% Added +913 +913
83 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 83,99584.0k $829.9k $829.9k 0.00% Added +29.2k +29,155
84 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 80,68580.7k $797.2k $797.2k 0.00% Added +43.8k +43,758
85 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 71,47171.5k $706.1k $706.1k 0.00% Reduced -88.7k -88,660
86 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 71,25071.2k $704.0k $704.0k 0.00% Reduced -1.6k -1,640
87 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 69,27169.3k $684.4k $684.4k 0.00% Reduced -11.6k -11,605
88 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 68,02068.0k $672.0k $672.0k 0.01% Added +57.7k +57,677
89 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 67,39367.4k $664.8k $664.8k 0.00% Added +45.3k +45,334
90 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 65,74765.7k $649.6k $649.6k 0.00% Added +6.7k +6,720
91 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 65,04765.0k $643.0k $643.0k 0.06% New
92 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 64,85864.9k $627.1k $627.1k 0.00% Reduced -7.6k -7,578
93 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 62,36262.4k $617.0k $617.0k 0.00% Added +3.7k +3,708
94 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 60,78760.8k $600.6k $600.6k 0.00% Added +2.0k +2,017
95 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 55,76455.8k $550.9k $550.9k 0.00% Unchanged
96 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 54,98655.0k $543.3k $543.3k 0.00% Added +29.7k +29,661
97 Legato Capital Management LLC 0.10% of their portfolio San Francisco, CA 54,81654.8k $541.6k $541.6k 0.10% Unchanged
98 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 47,01247.0k $464.5k $464.5k 0.02% Reduced -19.8k -19,758
99 SAGE RHINO CAPITAL LLC 0.13% of their portfolio MENLO PARK, CA 46,43546.4k $458.8k $458.8k 0.13% Unchanged
100 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 42,77442.8k $419.5k $419.5k 0.00% Added +7.2k +7,163