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Zscaler, Inc.

ZS
Exchange
Nasdaq
Industry
Services-Computer Programming Services
SEC CIK
0001713683

In the last 90 days, Zscaler, Inc. insiders filed 0 open-market purchases and 12 sales; 749 institutions reported holding it in 13F filings for Q2 2026, worth $11.7B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Zscaler, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
769
+17 vs. Q4 2024
Shares held
84.2M
+8.95M (+11.9%) vs. Q4 2024
Total value
$16.7B
+$3.11B (+22.9%) vs. Q4 2024
New holders
116
328 more added
Sold out
99
210 more reduced

10 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ZS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 769 institutions
Q1 2021: 537 institutionsQ2 2021: 549 institutionsQ3 2021: 601 institutionsQ4 2021: 661 institutionsQ1 2022: 631 institutionsQ2 2022: 594 institutionsQ3 2022: 608 institutionsQ4 2022: 562 institutionsQ1 2023: 573 institutionsQ2 2023: 595 institutionsQ3 2023: 624 institutionsQ4 2023: 741 institutionsQ1 2024: 739 institutionsQ2 2024: 734 institutionsQ3 2024: 700 institutionsQ4 2024: 762 institutionsQ1 2025: 769 institutionsQ2 2025: 907 institutionsQ3 2025: 912 institutionsQ4 2025: 891 institutionsQ1 2026: 752 institutionsQ2 2026: 749 institutions
Value heldQ1 2025: $16.7B
Q1 2021: $9.49BQ2 2021: $13.0BQ3 2021: $16.0BQ4 2021: $20.5BQ1 2022: $15.2BQ2 2022: $9.70BQ3 2022: $10.9BQ4 2022: $7.50BQ1 2023: $7.85BQ2 2023: $9.88BQ3 2023: $10.2BQ4 2023: $15.2BQ1 2024: $13.6BQ2 2024: $13.5BQ3 2024: $12.6BQ4 2024: $13.7BQ1 2025: $16.7BQ2 2025: $26.1BQ3 2025: $24.5BQ4 2025: $20.0BQ1 2026: $12.5BQ2 2026: $11.7B
Institutions holding ZS and their total value by quarter
QuarterHoldersValue
Q2 2026749$11.7B
Q1 2026752$12.5B
Q4 2025891$20.0B
Q3 2025912$24.5B
Q2 2025907$26.1B
Q1 2025769$16.7B
Q4 2024762$13.7B
Q3 2024700$12.6B
Q2 2024734$13.5B
Q1 2024739$13.6B
Q4 2023741$15.2B
Q3 2023624$10.2B
Q2 2023595$9.88B
Q1 2023573$7.85B
Q4 2022562$7.50B
Q3 2022608$10.9B
Q2 2022594$9.70B
Q1 2022631$15.2B
Q4 2021661$20.5B
Q3 2021601$16.0B
Q2 2021549$13.0B
Q1 2021537$9.49B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Zscaler, Inc.; share changes are against Q4 2024.

Institutions holding ZS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Maven Securities LTD5,106$1.01M0.22%+5,106New
Guerra Pan Advisors, LLC5,113$1.01M0.80%−10−0.2%Reduced
Ofi Invest Asset Management5,578$1.02M0.03%+3,256+140.2%Added
Gulf International Bank (UK) Ltd5,211$1.03M0.04%−1,646−24.0%Reduced
Equitable Holdings, Inc.5,212$1.03M0.01%+654+14.3%Added
Kensington Investment Counsel, LLC5,232$1.04M0.46%−2,518−32.5%Reduced
Avantax Advisory Services, Inc.5,236$1.04M0.01%+1,602+44.1%Added
TownSquare Capital, LLC5,374$1.07M0.01%+687+14.7%Added
Leelyn Smith, LLC5,556$1.10M0.20%+253+4.8%Added
Lido Advisors, LLC5,570$1.11M0.01%+132+2.4%Added
PEAK6 LLC5,615$1.11M0.04%+5,615New
Norway Savings Bank5,621$1.12M0.63%+725+14.8%Added
Quantitative Investment Management, LLC5,649$1.12M0.10%+5,649New
O'Shaughnessy Asset Management, LLC5,645$1.12M0.01%+2,708+92.2%Added
Cox Capital Mgt LLC5,698$1.13M0.83%−143−2.4%Reduced
MetLife Investment Management5,729$1.14M0.01%−13−0.2%Reduced
Main Management ETF Advisors, LLC5,768$1.14M0.08%+5,768New
Diversified Trust Co5,810$1.15M0.03%−688−10.6%Reduced
Diversify Advisory Services, LLC5,163$1.16M0.07%−11,158−68.4%Reduced
Dai-Ichi Life Insurance Company, Ltd5,853$1.16M0.03%00.0%Unchanged
Banco Bilbao Vizcaya Argentaria, S.A.5,847$1.17M0.01%−4,197−41.8%Reduced
Bailard, Inc.5,958$1.18M0.03%00.0%Unchanged
Value Star Asset Management (Hong Kong) Ltd6,000$1.19M7.28%00.0%Unchanged
Mercer Global Advisors Inc6,029$1.20M0.00%+1,824+43.4%Added
CIBC World Markets Inc.6,103$1.21M0.00%+2,430+66.2%Added
Wedbush Securities Inc6,152$1.22M0.04%−109−1.7%Reduced
Geneos Wealth Management Inc.6,170$1.22M0.04%+1,299+26.7%Added
Mission Wealth Management, LP6,191$1.23M0.03%+6,191New
Merit Financial Group, LLC6,197$1.23M0.02%+1,832+42.0%Added
Ironwood Investment Management LLC6,226$1.24M0.67%−23−0.4%Reduced
Principal Financial Group Inc6,267$1.24M0.00%−1,551−19.8%Reduced
Advisors Asset Management, Inc.6,267$1.24M0.02%+10.0%Added
TD Waterhouse Canada Inc.6,193$1.24M0.01%+1,846+42.5%Added
Dakota Wealth Management6,273$1.24M0.03%+6,273New
TrueMark Investments, LLC6,284$1.25M0.33%−466−6.9%Reduced
Toroso Investments, LLC6,313$1.25M0.01%−38,962−86.1%Reduced
SLT Holdings LLC6,323$1.25M1.18%+345+5.8%Added
Mackenzie Financial Corp6,326$1.26M0.00%+960+17.9%Added
Kentucky Retirement Systems6,359$1.26M0.04%+6,359New
Shelton Wealth Management, LLC6,570$1.30M0.75%+253+4.0%Added
Foundations Investment Advisors, LLC6,587$1.31M0.02%+311+5.0%Added
Synergy Financial Group, LTD6,639$1.32M1.18%+142+2.2%Added
AG2R la Mondiale Gestion D'Actifs4,779$1.32M0.07%+4,779New
Wealthfront Advisers LLC6,670$1.32M0.00%+890+15.4%Added
Amalgamated Bank6,718$1.33M0.01%+596+9.7%Added
Sandler Capital Management6,825$1.35M0.44%−6,872−50.2%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH6,826$1.35M0.04%00.0%Unchanged
Prescott Group Capital Management, L.L.C.7,000$1.39M0.20%00.0%Unchanged
Avanza Fonder AB6,713$1.39M0.05%00.0%Unchanged
Chicago Capital, LLC7,019$1.39M0.04%−720−9.3%Reduced
Motley Fool Asset Management LLC7,197$1.43M0.08%+286+4.1%Added
Shikiar Asset Management Inc7,215$1.43M0.43%−10−0.1%Reduced
The PNC Financial Services Group, Inc.7,420$1.47M0.00%+855+13.0%Added
Truist Financial Corp7,432$1.47M0.00%+558+8.1%Added
Matauro, LLC7,570$1.50M0.31%+7,570New
Baader Bank INC7,676$1.50M0.15%−724−8.6%Reduced
Pathstone Holdings, LLC7,651$1.52M0.01%+1,788+30.5%Added
Evolutionary Tree Capital Management, LLC7,669$1.52M1.77%−94−1.2%Reduced
Compass Capital Corp7,837$1.53M0.80%+546+7.5%Added
BNP Paribas7,439$1.56M0.06%+2,430+48.5%Added
Warm Springs Advisors Inc.7,936$1.57M1.58%00.0%Unchanged
Dynamic Advisor Solutions LLC7,987$1.58M0.05%+7,987New
Manufacturers Life Insurance Company, The8,063$1.61M0.00%+1,782+28.4%Added
MAI Capital Management8,159$1.62M0.01%−337−4.0%Reduced
Sepio Capital, LP8,164$1.62M0.13%−600−6.8%Reduced
180 Wealth Advisors, LLC8,180$1.62M0.26%−114−1.4%Reduced
Strategic Advisors LLC8,240$1.63M0.32%−30.0%Reduced
Malaga Cove Capital, LLC8,312$1.65M0.71%+1,609+24.0%Added
Pallas Capital Advisors LLC8,347$1.66M0.07%+3,856+85.9%Added
Brandywine Managers, LLC8,359$1.66M1.99%00.0%Unchanged
Allianz Asset Management GmbH8,369$1.66M0.00%−120,672−93.5%Reduced
Linden Thomas Advisory Services, LLC8,393$1.67M0.22%+441+5.5%Added
Captrust Financial Advisors8,403$1.67M0.00%+83+1.0%Added
Kestra Private Wealth Services, LLC8,461$1.68M0.03%+2,481+41.5%Added
Quest Investment Management LLC8,503$1.69M0.21%−1,934−18.5%Reduced
Alaethes Wealth LLC8,598$1.71M0.62%+670+8.5%Added
Inspirion Wealth Advisors, LLC8,629$1.71M0.24%00.0%Unchanged
Knollwood Investment Advisory, LLC8,650$1.72M0.19%00.0%Unchanged
Rakuten Investment Management, Inc.8,357$1.73M0.01%+8,357New
Janus Henderson Group PLC8,444$1.75M0.00%−867−9.3%Reduced
EFG Asset Management (Americas) Corp.9,162$1.82M0.37%−1,141−11.1%Reduced
Groupama Asset Managment2,213$1.84M0.04%+205+10.2%Added
Public Employees Retirement Association of Colorado9,320$1.85M0.01%−50,304−84.4%Reduced
Salem Investment Counselors Inc9,918$1.97M0.07%−125−1.2%Reduced
Sanctuary Advisors, LLC9,951$1.97M0.01%−1,712−14.7%Reduced
Federation des caisses Desjardins du Quebec9,964$1.98M0.01%+564+6.0%Added
Profund Advisors LLC9,965$1.98M0.09%−1,544−13.4%Reduced
Broderick Brian C10,000$1.98M0.40%00.0%Unchanged
Sumitomo Mitsui DS Asset Management Company, Ltd10,401$2.06M0.02%+2,670+34.5%Added
Churchill Management Corp10,498$2.08M0.03%−454−4.1%Reduced
TCW Group Inc10,532$2.09M0.02%+10,532New
Erste Asset Management GmbH10,361$2.15M0.03%+581+5.9%Added
Migdal Insurance & Financial Holdings Ltd.10,864$2.16M0.03%+1,070+10.9%Added
Louisiana State Employees Retirement System11,200$2.22M0.04%00.0%Unchanged
EFG Asset Management (North America) Corp.11,223$2.23M0.37%−501−4.3%Reduced
Corebridge Financial, Inc.11,320$2.25M0.01%−375−3.2%Reduced
JustInvest LLC11,686$2.32M0.03%+4,215+56.4%Added
Leonteq Securities AG11,798$2.34M0.18%−2,415−17.0%Reduced
Renaissance Technologies LLC11,882$2.36M0.00%−224,900−95.0%Reduced
Independent Solutions Wealth Management, LLC11,911$2.36M0.53%+92+0.8%Added