Vault-13

ZUORA INC ZUO

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

201 institutional holders +13 vs Q1 2023
101,117,574101.1m shares reported held*
$1.1bnreported value*
36 new 63 added 64 reduced 24 sold out net bought ≈ $22.9m (+2.1m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.97. Options: 7 managers hold calls ($2.8m notional), 7 hold puts ($1.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 200Q4 22: 195Q1 23: 188Q2 23: 201201Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022200
Q4 2022195
Q1 2023188
Q2 2023201

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 23Q2 23: 99 bought or addedQ2 23: 88 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202288104
Q1 202389100
Q2 20239988

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 0.15Q2 23 calls: $2.8mQ2 23 puts: $1.0mQ2 23P/C 0.37
Numbers
QuarterCallsPutsP/C
Q3 2022$1.5m$972.0k0.63
Q4 2022$2.4m$1.2m0.50
Q1 2023$3.3m$501.3k0.15
Q2 2023$2.8m$1.0m0.37

Biggest buyers

VANGUARD GROUP INC Added +1,721,539+1.7m
LORD, ABBETT & CO. LLC Added +1,665,060+1.7m
MILLENNIUM MANAGEMENT LLC Added +1,617,620+1.6m
Nuveen Asset Management, LLC Added +960,540+960.5k
SILVERCREST ASSET MANAGEMENT GROUP LLC New +405,321+405.3k
Cubist Systematic Strategies, LLC Added +395,466+395.5k
BlackRock Inc. Added +343,054+343.1k
JACOBS LEVY EQUITY MANAGEMENT, INC New +276,915+276.9k
NORGES BANK Added +274,000+274.0k
Bank of New York Mellon Corp Added +267,641+267.6k

Biggest sellers

Archon Capital Management LLC Reduced -1,730,225-1.7m
FMR LLC Reduced -1,284,914-1.3m
JPMORGAN CHASE & CO Reduced -706,948-706.9k
Praesidium Investment Management Company, LLC Reduced -598,430-598.4k
CITADEL ADVISORS LLC Reduced -549,548-549.5k
NEEDHAM INVESTMENT MANAGEMENT LLC Reduced -512,000-512.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -458,739-458.7k
FORMULA GROWTH LTD Reduced -357,739-357.7k
FIRST TRUST ADVISORS LP Reduced -324,429-324.4k
CWM, LLC Reduced -294,566-294.6k

Biggest calls

CITADEL ADVISORS LLC Added $1.4m124.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $431.1k39.3k shares
PEAK6 Investments LLC New $349.9k31.9k shares
Walleye Trading LLC Added $335.7k30.6k shares
GROUP ONE TRADING LLC Added $205.1k18.7k shares
SIMPLEX TRADING, LLC Reduced $94.0k8.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $731.7k66.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Unchanged $194.2k17.7k shares
Walleye Trading LLC Added $79.0k7.2k shares
SIMPLEX TRADING, LLC Reduced $30.0k2.8k shares
GROUP ONE TRADING LLC Reduced $7.7k700 shares
PEAK6 Investments LLC New $1.1k100 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 14,919,97814.9m $163.7m $163.7m 0.00% Added +1.7m +1,721,539
2 BlackRock Inc. 0.00% of their portfolio New York, NY 11,030,51711.0m $121.0m $121.0m 0.00% Added +343.1k +343,054
3 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 7,302,5927.3m $80.1m $80.1m 0.02% Added +267.6k +267,641
4 Praesidium Investment Management Company, LLC 6.61% of their portfolio New York, NY 6,634,5966.6m $72.8m $72.8m 6.61% Reduced -598.4k -598,430
5 BAILLIE GIFFORD & CO 0.05% of their portfolio EDINBURGH, X0 5,144,3005.1m $56.4m $56.4m 0.05% Added +34.1k +34,132
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 2,903,5002.9m $31.9m $31.9m 0.02% Reduced -458.7k -458,739
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,764,9722.8m $30.3m $30.3m 0.00% Added +58.0k +57,985
8 LORD, ABBETT & CO. LLC 0.05% of their portfolio JERSEY CITY, NJ 2,582,7542.6m $28.3m $28.3m 0.05% Added +1.7m +1,665,060
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,404,1742.4m $26.4m $26.4m 0.00% Added +50.2k +50,242
10 Solel Partners LP 4.19% of their portfolio BOSTON, MA 2,395,3392.4m $26.3m $26.3m 4.19% Unchanged
11 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 2,324,5672.3m $25.5m $25.5m 0.01% Added +960.5k +960,540
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,177,0012.2m $23.9m $23.9m 0.00% Reduced -78.8k -78,780
13 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 2,168,8192.2m $23.8m $23.8m 0.03% Added +1.6m +1,617,620
14 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 1,821,9781.8m $20.0m $20.0m 0.02% Reduced -324.4k -324,429
15 KORNITZER CAPITAL MANAGEMENT INC /KS 0.30% of their portfolio SHAWNEE MISSION, KS 1,381,0641.4m $15.2m $15.2m 0.30% Reduced -60.8k -60,776
16 EMERALD ADVISERS, LLC 0.62% of their portfolio LEOLA, PA 1,292,0491.3m $14.2m $14.2m 0.62% Added +206.1k +206,120
17 Archon Capital Management LLC 4.98% of their portfolio Seattle, WA 1,251,5601.3m $13.7m $13.7m 4.98% Reduced -1.7m -1,730,225
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,176,8281.2m $12.9m $12.9m 0.00% Reduced -9.6k -9,619
19 Potrero Capital Research LLC 8.14% of their portfolio SAN FRANCISCO, CA 1,164,0141.2m $12.8m $12.8m 8.14% Reduced -7.5k -7,461
20 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 1,102,8001.1m $12.1m $12.1m 0.03% Reduced -254.3k -254,300
21 GAGNON SECURITIES LLC 2.45% of their portfolio New York, NY 1,075,3251.1m $11.8m $11.8m 2.45% Reduced -2.2k -2,238
22 EMERALD MUTUAL FUND ADVISERS TRUST 0.64% of their portfolio LEOLA, PA 1,070,9201.1m $11.7m $11.7m 0.64% Added +169.4k +169,419
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,037,7351.0m $11.4m $11.4m 0.00% Added +39.8k +39,761
24 Penn Capital Management Company, LLC 0.99% of their portfolio PHILADELPHIA, PA 923,518923.5k $10.1m $10.1m 0.99% Added +197.2k +197,165
25 Bares Capital Management, Inc. 0.34% of their portfolio AUSTIN, TX 900,000900.0k $9.9m $9.9m 0.34% Reduced -148.9k -148,947
26 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 851,867851.9k $9.3m $9.3m 0.02% Added +164.2k +164,216
27 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 756,400756.4k $8.3m $8.3m 0.01% Reduced -86.6k -86,600
28 PEREGRINE CAPITAL MANAGEMENT LLC 0.22% of their portfolio MINNEAPOLIS, MN 732,363732.4k $8.0m $8.0m 0.22% Added +3.4k +3,430
29 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 680,441680.4k $7.5m $7.5m 0.01% Added +165.0k +165,041
30 PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio BOSTON, MA 637,858637.9k $7.0m $7.0m 0.04% Added +48.9k +48,883
31 FRONTIER CAPITAL MANAGEMENT CO LLC 0.06% of their portfolio Boston, MA 605,656605.7k $6.6m $6.6m 0.06% Reduced -39.7k -39,668
32 First Washington CORP 2.89% of their portfolio SEATTLE, WA 600,817600.8k $6.6m $6.6m 2.89% Unchanged
33 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.07% of their portfolio New York, NY 599,526599.5k $6.6m $6.6m 0.07% Reduced -111.3k -111,339
34 RICE HALL JAMES & ASSOCIATES, LLC 0.37% of their portfolio San Diego, CA 598,277598.3k $6.6m $6.6m 0.37% Reduced -40.3k -40,293
35 NEEDHAM INVESTMENT MANAGEMENT LLC 1.06% of their portfolio NEW YORK, NY 588,000588.0k $6.5m $6.5m 1.06% Reduced -512.0k -512,000
36 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 586,560586.6k $6.4m $6.4m 0.01% Reduced -87.6k -87,587
37 Horrell Capital Management, Inc. 1.96% of their portfolio LITTLE ROCK, AR 580,000580.0k $6.4m $6.4m 1.96% Reduced -180.0k -180,000
38 NORGES BANK 0.00% of their portfolio OSLO, Q8 577,000577.0k $6.3m $6.3m 0.00% Added +274.0k +274,000
39 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 561,924561.9k $6.2m $6.2m 0.01% Reduced -1.2k -1,210
40 Gagnon Advisors, LLC 3.77% of their portfolio New York, NY 514,247514.2k $5.6m $5.6m 3.77% Unchanged
41 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 473,936473.9k $5.2m $5.2m 0.02% Added +117.3k +117,274
42 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 415,691415.7k $4.5m $4.5m 0.01% Added +72.9k +72,881
43 Cubist Systematic Strategies, LLC 0.05% of their portfolio STAMFORD, CT 407,169407.2k $4.5m $4.5m 0.05% Added +395.5k +395,466
44 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio NEW YORK, NY 405,321405.3k $4.4m $4.4m 0.03% New
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 402,416402.4k $4.4m $4.4m 0.00% Reduced -706.9k -706,948
46 George Kaiser Family Foundation 0.69% of their portfolio TULSA, OK 371,076371.1k $4.1m $4.1m 0.69% Unchanged
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 346,490346.5k $3.8m $3.8m 0.00% Reduced -48.9k -48,927
48 Palogic Value Management, L.P. 1.67% of their portfolio DALLAS, TX 325,000325.0k $3.6m $3.6m 1.67% Reduced -150.0k -150,000
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 314,977315.0k $3.5m $3.5m 0.00% Reduced -549.5k -549,548
50 Taylor Frigon Capital Management LLC 1.57% of their portfolio SCOTTSDALE, AZ 292,691292.7k $3.2m $3.2m 1.57% Added +3.1k +3,060
51 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 291,947291.9k $3.2m $3.2m 0.01% Added +22.1k +22,066
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 289,361289.4k $3.2m $3.2m 0.01% Added +100.2k +100,205
53 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 277,685277.7k $3.0m $3.0m 0.00% Reduced -28.5k -28,471
54 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 276,915276.9k $3.0m $3.0m 0.02% New
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 263,600263.6k $2.9m $2.9m 0.00% Reduced -3.6k -3,600
56 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 260,732260.7k $2.9m $2.9m 0.01% Added +65.8k +65,800
57 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 247,544247.5k $2.7m $2.7m 0.07% Added +114.2k +114,184
58 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 245,521245.5k $2.7m $2.7m 0.01% Added +195 +195
59 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 244,731244.7k $2.7m $2.7m 0.01% Added +11.4k +11,379
60 Washington Harbour Partners LP 5.11% of their portfolio ARLINGTON, VA 233,443233.4k $2.6m $2.6m 5.11% Unchanged
61 ALGERT GLOBAL LLC 0.11% of their portfolio SAN FRANCISCO, CA 233,281233.3k $2.6m $2.6m 0.11% Added +222.0k +221,960
62 FMR LLC 0.00% of their portfolio BOSTON, MA 218,066218.1k $2.4m $2.4m 0.00% Reduced -1.3m -1,284,914
63 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 196,962197.0k $2.2m $2.2m 0.00% Reduced -51.5k -51,485
64 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 196,135196.1k $2.2m $2.2m 0.03% Added +686 +686
65 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% Unchanged
66 Legal & General Group Plc 0.00% of their portfolio London, X0 180,114180.1k $2.0m $2.0m 0.00% Added +42.2k +42,182
67 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 165,367165.4k $1.8m $1.8m 0.00% Reduced -384 -384
68 HarbourVest Partners LLC 0.51% of their portfolio Boston, MA 163,894163.9k $1.8m $1.8m 0.51% Unchanged
69 ESSEX INVESTMENT MANAGEMENT CO LLC 0.25% of their portfolio BOSTON, MA 162,525162.5k $1.8m $1.8m 0.25% Added +23.5k +23,479
70 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 156,506156.5k $1.7m $1.7m 0.00% Added +23.9k +23,906
71 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 153,604153.6k $1.7m $1.7m 0.00% Added +6.5k +6,523
72 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 147,668147.7k $1.6m $1.6m 0.00% Reduced -7.9k -7,915
73 Engineers Gate Manager LP 0.06% of their portfolio NEW YORK, NY 145,454145.5k $1.6m $1.6m 0.06% Added +53.2k +53,241
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 134,041134.0k $1.5m $1.5m 0.00% Added +20.0k +19,975
75 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 128,100128.1k $1.4m $1.4m 0.05% New
76 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 125,872125.9k $1.4m $1.4m 0.02% New
77 OCCUDO QUANTITATIVE STRATEGIES LP 0.13% of their portfolio FORT LAUDERDALE, FL 112,876112.9k $1.2m $1.2m 0.13% Added +99.8k +99,780
78 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 109,900109.9k $1.2m $1.2m 0.01% Reduced -71.3k -71,300
79 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 103,640103.6k $1.1m $1.1m 0.00% Added +993 +993
80 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 100,537100.5k $1.1m $1.1m 0.04% New
81 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 97,30197.3k $1.1m $1.1m 0.00% Added +59.7k +59,702
82 Informed Momentum Co LLC 0.20% of their portfolio SOLANA BEACH, CA 96,79996.8k $1.1m $1.1m 0.20% New
83 Capital Impact Advisors, LLC 1.15% of their portfolio Boston, MA 95,43295.4k $1.0m $1.0m 1.15% Unchanged
84 Mariner, LLC 0.00% of their portfolio Overland Park, KS 95,36195.4k $1.0m $1.0m 0.00% Added +8.0k +7,973
85 Quantbot Technologies LP 0.06% of their portfolio NEW YORK, NY 81,87481.9k $898.2k $898.2k 0.06% New
86 UBS Group AG 0.00% of their portfolio ZURICH, V8 78,09678.1k $856.7k $856.7k 0.00% Added +53.5k +53,517
87 Legato Capital Management LLC 0.11% of their portfolio San Francisco, CA 76,17576.2k $835.6k $835.6k 0.11% Added +21.4k +21,359
88 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 75,72775.7k $830.7k $830.7k 0.00% Reduced -8.3k -8,268
89 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 73,31373.3k $804.2k $804.2k 0.00% Reduced -7.4k -7,372
90 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 72,96973.0k $800.5k $800.5k 0.00% Reduced -19.9k -19,927
91 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 67,33567.3k $738.3k $738.3k 0.00% Reduced -58 -58
92 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 66,66266.7k $731.3k $731.3k 0.00% Reduced -42.5k -42,452
93 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 66,02466.0k $724.3k $724.3k 0.00% Reduced -5.2k -5,226
94 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 65,74765.7k $721.2k $721.2k 0.01% Unchanged
95 Cipher Capital LP 0.12% of their portfolio New York, NY 65,63265.6k $720.0k $720.0k 0.12% Added +54.0k +54,029
96 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 63,75563.8k $699.4k $699.4k 0.00% Added +8.8k +8,769
97 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 60,99161.0k $667.4k $667.4k 0.00% Added +26.6k +26,590
98 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 59,95160.0k $658.0k $658.0k 0.00% Reduced -2.4k -2,411
99 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 59,78959.8k $655.9k $655.9k 0.00% Reduced -11.7k -11,682
100 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 59,57159.6k $653.5k $653.5k 0.00% Reduced -1.2k -1,216