Vault-13

ZUORA INC ZUO

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

194 institutional holders -8 vs Q4 2023
111,552,736111.6m shares reported held*
$1.0bnreported value*
26 new 56 added 73 reduced 34 sold out net bought ≈ $5.5m (+602.6k 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 ($631.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.12. Options: 7 managers hold calls ($1.3m notional), 7 hold puts ($1.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 200Q4 22: 195Q1 23: 188Q2 23: 201Q3 23: 200Q4 23: 202Q1 24: 194194Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022200
Q4 2022195
Q1 2023188
Q2 2023201
Q3 2023200
Q4 2023202
Q1 2024194

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 23Q3 23: 101 bought or addedQ3 23: 80 cut or sold outQ3 23Q4 23: 103 bought or addedQ4 23: 84 cut or sold outQ4 23Q1 24: 82 bought or addedQ1 24: 107 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202288104
Q1 202389100
Q2 20239988
Q3 202310180
Q4 202310384
Q1 202482107

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 23 calls: $2.8mQ2 23 puts: $1.0mQ2 23P/C 0.37Q3 23 calls: $1.8mQ3 23 puts: $945.5kQ3 23P/C 0.52Q4 23 calls: $3.6mQ4 23 puts: $2.1mQ4 23P/C 0.58Q1 24 calls: $1.3mQ1 24 puts: $1.4mQ1 24P/C 1.11
Numbers
QuarterCallsPutsP/C
Q2 2023$2.8m$1.0m0.37
Q3 2023$1.8m$945.5k0.52
Q4 2023$3.6m$2.1m0.58
Q1 2024$1.3m$1.4m1.11

Biggest buyers

SCALAR GAUGE MANAGEMENT, LLC Added +2,416,382+2.4m
MIG Capital, LLC New +1,721,840+1.7m
SCOPIA CAPITAL MANAGEMENT LP New +1,546,019+1.5m
BANK OF AMERICA CORP /DE/ Added +1,393,290+1.4m
Fund 1 Investments, LLC New +920,248+920.2k
VANGUARD GROUP INC Added +917,565+917.6k
FIRST TRUST ADVISORS LP Added +684,635+684.6k
Bares Capital Management, Inc. Added +511,292+511.3k
272 Capital LP Added +415,648+415.6k
BOOTHBAY FUND MANAGEMENT, LLC Added +403,212+403.2k

Biggest sellers

Praesidium Investment Management Company, LLC Reduced -2,093,491-2.1m
MORGAN STANLEY Reduced -1,453,218-1.5m
MILLENNIUM MANAGEMENT LLC Reduced -1,060,367-1.1m
Archon Capital Management LLC Reduced -858,240-858.2k
SILVERCREST ASSET MANAGEMENT GROUP LLC Sold out -691,035-691.0k
Nuveen Asset Management, LLC Reduced -671,392-671.4k
FRONTIER CAPITAL MANAGEMENT CO LLC Sold out -550,767-550.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -464,400-464.4k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -435,792-435.8k
NORGES BANK Reduced -417,100-417.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $773.4k84.8k shares
CITADEL ADVISORS LLC Reduced $219.8k24.1k shares
PEAK6 Investments LLC Added $121.3k13.3k shares
SIMPLEX TRADING, LLC Added $102.0k11.2k shares
Walleye Capital LLC Reduced $47.4k5.2k shares
GROUP ONE TRADING LLC Reduced $40.1k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $586.4k64.3k shares
CITADEL ADVISORS LLC Added $483.4k53.0k shares
SIMPLEX TRADING, LLC Reduced $199.0k21.9k shares
PEAK6 Investments LLC Reduced $106.7k11.7k shares
GROUP ONE TRADING LLC Reduced $39.2k4.3k shares
Walleye Capital LLC Reduced $34.7k3.8k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 17,262,49417.3m $157.4m $157.4m 0.00% Added +917.6k +917,565
2 BlackRock Inc. 0.00% of their portfolio New York, NY 13,634,00613.6m $124.3m $124.3m 0.00% Reduced -176.1k -176,107
3 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 7,139,6527.1m $65.1m $65.1m 0.01% Reduced -79.6k -79,579
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,302,8044.3m $39.2m $39.2m 0.00% Reduced -1.5m -1,453,218
5 BAILLIE GIFFORD & CO 0.03% of their portfolio EDINBURGH, X0 4,201,9544.2m $38.3m $38.3m 0.03% Reduced -242.9k -242,911
6 SCALAR GAUGE MANAGEMENT, LLC 26.40% of their portfolio DALLAS, TX 3,758,9293.8m $34.3m $34.3m 26.40% Added +2.4m +2,416,382
7 Praesidium Investment Management Company, LLC 5.04% of their portfolio New York, NY 3,749,0663.7m $34.2m $34.2m 5.04% Reduced -2.1m -2,093,491
8 Solel Partners LP 5.40% of their portfolio BOSTON, MA 3,574,8633.6m $32.6m $32.6m 5.40% Unchanged
9 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 3,510,6873.5m $32.0m $32.0m 0.03% Reduced -229.4k -229,359
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,199,2693.2m $29.2m $29.2m 0.00% Added +73.8k +73,821
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,904,4232.9m $26.5m $26.5m 0.00% Added +126.3k +126,332
12 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 2,843,4612.8m $25.9m $25.9m 0.03% Added +684.6k +684,635
13 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,921,6911.9m $17.5m $17.5m 0.01% Reduced -671.4k -671,392
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,870,4171.9m $17.1m $17.1m 0.00% Added +1.4m +1,393,290
15 Bares Capital Management, Inc. 0.63% of their portfolio AUSTIN, TX 1,746,2921.7m $15.9m $15.9m 0.63% Added +511.3k +511,292
16 MIG Capital, LLC 2.18% of their portfolio NEWPORT BEACH, CA 1,721,8401.7m $15.7m $15.7m 2.18% New
17 SCOPIA CAPITAL MANAGEMENT LP 1.81% of their portfolio NEW YORK, NY 1,546,0191.5m $14.1m $14.1m 1.81% New
18 EMERALD ADVISERS, LLC 0.48% of their portfolio LEOLA, PA 1,295,3781.3m $11.8m $11.8m 0.48% Added +25.1k +25,073
19 Penn Capital Management Company, LLC 1.04% of their portfolio PHILADELPHIA, PA 1,280,7731.3m $11.7m $11.7m 1.04% Reduced -89.2k -89,167
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,228,6161.2m $11.2m $11.2m 0.00% Reduced -4.8k -4,850
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,181,5231.2m $10.8m $10.8m 0.00% Added +33.9k +33,873
22 KORNITZER CAPITAL MANAGEMENT INC /KS 0.18% of their portfolio SHAWNEE MISSION, KS 1,064,8841.1m $9.7m $9.7m 0.18% Unchanged
23 GAGNON SECURITIES LLC 2.20% of their portfolio New York, NY 1,019,2401.0m $9.3m $9.3m 2.20% Reduced -41.3k -41,291
24 EMERALD MUTUAL FUND ADVISERS TRUST 0.46% of their portfolio LEOLA, PA 963,738963.7k $8.8m $8.8m 0.46% Unchanged
25 Fund 1 Investments, LLC 1.37% of their portfolio RINCON, PR 920,248920.2k $8.4m $8.4m 1.37% New
26 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 918,177918.2k $8.4m $8.4m 0.01% Added +6.0k +5,962
27 PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio BOSTON, MA 793,965794.0k $7.2m $7.2m 0.04% Added +91.8k +91,840
28 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 773,432773.4k $7.1m $7.1m 0.02% Unchanged
29 NEEDHAM INVESTMENT MANAGEMENT LLC 0.65% of their portfolio NEW YORK, NY 772,500772.5k $7.0m $7.0m 0.65% Reduced -12.5k -12,500
30 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 771,800771.8k $7.0m $7.0m 0.02% Reduced -195.9k -195,900
31 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 740,986741.0k $6.8m $6.8m 0.01% Added +186.3k +186,329
32 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 700,040700.0k $6.4m $6.4m 0.01% Added +27.2k +27,199
33 Horrell Capital Management, Inc. 1.72% of their portfolio LITTLE ROCK, AR 680,000680.0k $6.2m $6.2m 1.72% Unchanged
34 Circumference Group LLC 6.40% of their portfolio Little Rock, AR 680,000680.0k $6.2m $6.2m 6.40% Unchanged
35 DAG VENTURES, LLC 77.91% of their portfolio PALO ALTO, CA 678,044678.0k $6.2m $6.2m 77.91% Unchanged
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 669,938669.9k $6.1m $6.1m 0.00% Added +196.6k +196,640
37 RICE HALL JAMES & ASSOCIATES, LLC 0.34% of their portfolio San Diego, CA 654,099654.1k $6.0m $6.0m 0.34% Reduced -29.7k -29,743
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 647,130647.1k $5.9m $5.9m 0.00% Reduced -145.2k -145,184
39 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio New York, NY 632,520632.5k $5.8m $5.8m 0.06% Reduced -37.7k -37,740
40 PEREGRINE CAPITAL MANAGEMENT LLC 0.15% of their portfolio MINNEAPOLIS, MN 590,128590.1k $5.4m $5.4m 0.15% Added +196 +196
41 Gagnon Advisors, LLC 4.07% of their portfolio New York, NY 514,247514.2k $4.7m $4.7m 4.07% Unchanged
42 Palogic Value Management, L.P. 1.97% of their portfolio DALLAS, TX 500,000500.0k $4.6m $4.6m 1.97% Added +83.0k +83,000
43 272 Capital LP 1.78% of their portfolio DALLAS, TX 489,148489.1k $4.5m $4.5m 1.78% Added +415.6k +415,648
44 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 483,325483.3k $4.4m $4.4m 0.01% Reduced -49.7k -49,742
45 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 453,631453.6k $4.1m $4.1m 0.02% Added +144.7k +144,665
46 BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 440,712440.7k $4.0m $4.0m 0.11% Added +403.2k +403,212
47 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 398,599398.6k $3.7m $3.7m 0.00% Reduced -6.7k -6,656
48 First Washington CORP 1.39% of their portfolio SEATTLE, WA 397,808397.8k $3.6m $3.6m 1.39% Reduced -159.3k -159,280
49 CenterBook Partners LP 0.25% of their portfolio GREENWICH, CT 394,240394.2k $3.6m $3.6m 0.25% New
50 Archon Capital Management LLC 1.65% of their portfolio Seattle, WA 383,320383.3k $3.5m $3.5m 1.65% Reduced -858.2k -858,240
51 Taylor Frigon Capital Management LLC 1.58% of their portfolio SCOTTSDALE, AZ 362,962363.0k $3.3m $3.3m 1.58% Added +72.0k +72,023
52 PRELUDE CAPITAL MANAGEMENT, LLC 0.19% of their portfolio NEW YORK, NY 301,286301.3k $2.7m $2.7m 0.19% New
53 Atom Investors LP 0.33% of their portfolio AUSTIN, TX 287,898287.9k $2.6m $2.6m 0.33% Added +106.4k +106,355
54 Swiss National Bank 0.00% of their portfolio ZURICH, V8 253,200253.2k $2.3m $2.3m 0.00% Added +5.3k +5,300
55 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 243,821243.8k $2.2m $2.2m 0.00% Reduced -110.5k -110,502
56 FMR LLC 0.00% of their portfolio BOSTON, MA 230,106230.1k $2.1m $2.1m 0.00% Added +267 +267
57 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio BALA CYNWYD, PA 229,579229.6k $2.1m $2.1m 0.10% New
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 225,246225.2k $2.1m $2.1m 0.00% Added +26.2k +26,182
59 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 224,200224.2k $2.0m $2.0m 0.00% Reduced -464.4k -464,400
60 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 216,767216.8k $2.0m $2.0m 0.00% Reduced -1.1m -1,060,367
61 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 186,225186.2k $1.7m $1.7m 0.00% Reduced -39.8k -39,785
62 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 185,516185.5k $1.7m $1.7m 0.00% Added +3.7k +3,692
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 185,178185.2k $1.7m $1.7m 0.00% Reduced -88.8k -88,786
64 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 183,582183.6k $1.7m $1.7m 0.00% Reduced -3.2k -3,201
65 Legal & General Group Plc 0.00% of their portfolio London, X0 183,252183.3k $1.7m $1.7m 0.00% Reduced -5.2k -5,150
66 George Kaiser Family Foundation 0.31% of their portfolio TULSA, OK 178,637178.6k $1.6m $1.6m 0.31% Reduced -46.9k -46,865
67 Sunriver Management LLC 0.21% of their portfolio GREENWICH, CT 173,569173.6k $1.6m $1.6m 0.21% New
68 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 167,220167.2k $1.5m $1.5m 0.00% Added +2.1k +2,053
69 HarbourVest Partners LLC 0.68% of their portfolio Boston, MA 163,894163.9k $1.5m $1.5m 0.68% Unchanged
70 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 151,328151.3k $1.4m $1.4m 0.02% Reduced -328 -328
71 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 145,391145.4k $1.3m $1.3m 0.00% Reduced -262.0k -262,030
72 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 143,260143.3k $1.3m $1.3m 0.05% Reduced -118.9k -118,891
73 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 134,867134.9k $1.2m $1.2m 0.00% New
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 134,037134.0k $1.2m $1.2m 0.00% Added +65 +65
75 Summit Global Investments 0.09% of their portfolio BOUNTIFUL, UT 131,068131.1k $1.2m $1.2m 0.09% Reduced -18.5k -18,466
76 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 128,976129.0k $1.2m $1.2m 0.00% Reduced -4.9k -4,877
77 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 117,221117.2k $1.1m $1.1m 0.00% Reduced -42.0k -41,954
78 UBS Group AG 0.00% of their portfolio ZURICH, V8 116,950117.0k $1.1m $1.1m 0.00% Reduced -112.7k -112,728
79 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 115,997116.0k $1.1m $1.1m 0.00% Added +28.8k +28,789
80 CORNERCAP INVESTMENT COUNSEL INC 0.16% of their portfolio Atlanta, GA 115,740115.7k $1.1m $1.1m 0.16% Added +227 +227
81 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 102,941102.9k $938.8k $938.8k 0.00% Reduced -435.8k -435,792
82 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 97,04697.0k $885.1k $885.1k 0.00% Reduced -27.2k -27,194
83 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 94,65394.7k $863.2k $863.2k 0.00% Reduced -24.0k -23,998
84 NORGES BANK 0.00% of their portfolio OSLO, Q8 88,50088.5k $807.1k $807.1k 0.00% Reduced -417.1k -417,100
85 Mariner, LLC 0.00% of their portfolio Overland Park, KS 87,01587.0k $793.6k $793.6k 0.00% Added +1.0k +1,010
86 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 86,31786.3k $787.2k $787.2k 0.00% Reduced -713 -713
87 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 85,54085.5k $780.1k $780.1k 0.01% New
88 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 80,80480.8k $736.9k $736.9k 0.00% Added +5.9k +5,935
89 CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio NEW YORK, NY 80,65480.7k $735.6k $735.6k 0.01% New
90 DANSKE BANK A/S 0.00% of their portfolio COPENHAGEN V, G7 79,53879.5k $725.4k $725.4k 0.00% First filing
91 PDT Partners, LLC 0.07% of their portfolio New York, NY 76,06176.1k $693.7k $693.7k 0.07% Added +41.9k +41,875
92 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 72,51172.5k $661.3k $661.3k 0.00% Added +6.9k +6,926
93 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 67,80667.8k $619.0k $619.0k 0.00% Added +4.8k +4,760
94 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 67,43667.4k $615.0k $615.0k 0.00% Added +20.2k +20,156
95 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 67,29267.3k $613.7k $613.7k 0.00% Unchanged
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 67,27867.3k $613.9k $613.9k 0.00% Added +18 +18
97 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 66,87966.9k $609.9k $609.9k 0.00% Added +726 +726
98 Petrus Trust Company, LTA 0.05% of their portfolio Dallas, TX 62,55562.6k $570.5k $570.5k 0.05% Added +19.8k +19,807
99 Capital Impact Advisors, LLC 0.74% of their portfolio Boston, MA 62,17762.2k $567.1k $567.1k 0.74% Reduced -57.0k -56,980
100 Nebula Research & Development LLC 0.11% of their portfolio New York, NY 58,09958.1k $529.9k $529.9k 0.11% Reduced -4.9k -4,881