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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
Andra AP-fonden23,969$4.76M0.08%+23,969New
Cerity Partners LLC22,928$4.55M0.01%+68+0.3%Added
Princeton Capital Management LLC22,528$4.47M1.57%−1,168−4.9%Reduced
FORA Capital, LLC22,469$4.46M0.45%+22,469New
CWM, LLC22,274$4.42M0.02%+3,679+19.8%Added
Navis Wealth Advisors, LLC22,191$4.40M4.32%+12+0.1%Added
US Bancorp21,889$4.34M0.01%−596−2.7%Reduced
Banque Cantonale Vaudoise20,839$4.13M0.18%+20,839New
Cambridge Investment Research Advisors, Inc.20,708$4.11M0.01%−3,226−13.5%Reduced
HAP Trading, LLC20,667$4.10M1.46%+20,667New
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund20,520$4.07M0.05%00.0%Unchanged
Forsta Ap-Fonden20,500$4.07M0.03%−18,600−47.6%Reduced
Mitchell Capital Management Co19,747$3.92M0.75%+120+0.6%Added
Insight Holdings Group, LLC19,500$3.87M0.30%+7,000+56.0%Added
Daiwa Securities Group Inc.19,429$3.85M0.02%+1,999+11.5%Added
Toronto Dominion Bank19,207$3.81M0.01%+5,524+40.4%Added
LMCG Investments, LLC19,184$3.81M0.25%+4,339+29.2%Added
Harvest Fund Management Co., Ltd20,238$3.80M0.19%+11,209+124.1%Added
Wolverine Trading, LLC18,355$3.80M0.12%+15,794+616.7%Added
British Columbia Investment Management Corp19,074$3.78M0.02%+1,551+8.9%Added
Grandeur Peak Global Advisors, LLC19,022$3.77M0.42%−7,138−27.3%Reduced
IFM Investors Pty Ltd18,898$3.75M0.04%00.0%Unchanged
Independent Financial Group, LLC18,791$3.73M0.13%−10−0.1%Reduced
First Washington CORP18,566$3.68M1.29%00.0%Unchanged
Beacon Pointe Advisors, LLC18,386$3.65M0.04%+6,497+54.6%Added
Shelton Capital Management18,109$3.59M0.09%00.0%Unchanged
Xponance, Inc.18,097$3.59M0.03%+970+5.7%Added
USS Investment Management Ltd18,096$3.59M0.03%00.0%Unchanged
Advisory Services Network, LLC17,719$3.52M0.07%+931+5.5%Added
Quantinno Capital Management LP17,706$3.51M0.02%+1,034+6.2%Added
Mariner, LLC17,643$3.50M0.01%+5,598+46.5%Added
KBC Group NV17,480$3.47M0.01%+6,739+62.7%Added
Oak Associates, Ltd17,420$3.46M0.26%+632+3.8%Added
Balyasny Asset Management LLC17,329$3.44M0.01%−1,970−10.2%Reduced
Susquehanna International Group, LLP17,042$3.38M0.01%−70,835−80.6%Reduced
iA Global Asset Management Inc.16,890$3.35M0.06%+353+2.1%Added
XTX Topco Ltd16,750$3.32M0.17%+15,252+1,018.2%Added
Red Spruce Capital, LLC16,316$3.24M1.52%+301+1.9%Added
Jacobs Levy Equity Management, Inc16,286$3.23M0.01%+16,286New
Kestra Advisory Services, LLC16,240$3.22M0.02%−14,342−46.9%Reduced
MML Investors Services, LLC16,224$3.22M0.01%+257+1.6%Added
Azzad Asset Management Inc15,592$3.09M0.36%−3,196−17.0%Reduced
Utah Retirement Systems15,442$3.06M0.04%00.0%Unchanged
Van Eck Associates Corp15,423$3.06M0.00%−13,628−46.9%Reduced
Proem Advisors LLC15,036$2.98M1.57%−4,964−24.8%Reduced
Ilmarinen Mutual Pension Insurance Co15,000$2.98M0.03%−45,000−75.0%Reduced
Bouvel Investment Partners, LLC17,306$2.96M1.12%−241−1.4%Reduced
Eisler Capital Management Ltd.14,728$2.92M0.09%+10,476+246.4%Added
Teacher Retirement System of Texas14,580$2.89M0.01%+14,580New
Swiss Life Asset Management Ltd14,360$2.85M0.02%+4,954+52.7%Added
Valicenti Advisory Services Inc14,258$2.83M0.73%−39−0.3%Reduced
SBI Securities Co., Ltd.14,161$2.81M0.09%−5,040−26.2%Reduced
Ilex Capital Partners (UK) LLP13,932$2.76M0.11%+13,932New
Weatherly Asset Management L. P.13,750$2.73M0.24%+1,010+7.9%Added
Comerica Bank13,716$2.72M0.01%+7,965+138.5%Added
Police & Firemen's Retirement System of New Jersey13,666$2.71M0.03%00.0%Unchanged
OP Asset Management Ltd13,606$2.70M0.05%+13,606New
Alps Advisors Inc13,514$2.68M0.02%−1,058−7.3%Reduced
Jones Financial Companies LLLP12,600$2.61M0.00%+4,022+46.9%Added
NEOS Investment Management LLC13,030$2.59M0.05%+3,821+41.5%Added
Thoroughbred Financial Services, LLC12,953$2.57M0.16%+426+3.4%Added
Essex Investment Management Co LLC12,913$2.56M0.53%−1,274−9.0%Reduced
EP Wealth Advisors, LLC12,764$2.53M0.02%+12,764New
Sterling Investment Advisors, Ltd.12,568$2.49M0.60%−1,237−9.0%Reduced
Hennion & Walsh Asset Management, Inc.12,512$2.48M0.11%+208+1.7%Added
BDF-Gestion12,500$2.48M0.27%+12,500New
Y.D. More Investments Ltd12,901$2.48M0.22%+119+0.9%Added
Omers Administration Corp12,020$2.39M0.02%+1,068+9.8%Added
Bank Hapoalim BM11,920$2.37M0.34%−90−0.7%Reduced
Independent Solutions Wealth Management, LLC11,911$2.36M0.53%+92+0.8%Added
Renaissance Technologies LLC11,882$2.36M0.00%−224,900−95.0%Reduced
Leonteq Securities AG11,798$2.34M0.18%−2,415−17.0%Reduced
JustInvest LLC11,686$2.32M0.03%+4,215+56.4%Added
Corebridge Financial, Inc.11,320$2.25M0.01%−375−3.2%Reduced
EFG Asset Management (North America) Corp.11,223$2.23M0.37%−501−4.3%Reduced
Louisiana State Employees Retirement System11,200$2.22M0.04%00.0%Unchanged
Migdal Insurance & Financial Holdings Ltd.10,864$2.16M0.03%+1,070+10.9%Added
Erste Asset Management GmbH10,361$2.15M0.03%+581+5.9%Added
TCW Group Inc10,532$2.09M0.02%+10,532New
Churchill Management Corp10,498$2.08M0.03%−454−4.1%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd10,401$2.06M0.02%+2,670+34.5%Added
Broderick Brian C10,000$1.98M0.40%00.0%Unchanged
Profund Advisors LLC9,965$1.98M0.09%−1,544−13.4%Reduced
Federation des caisses Desjardins du Quebec9,964$1.98M0.01%+564+6.0%Added
Sanctuary Advisors, LLC9,951$1.97M0.01%−1,712−14.7%Reduced
Salem Investment Counselors Inc9,918$1.97M0.07%−125−1.2%Reduced
Public Employees Retirement Association of Colorado9,320$1.85M0.01%−50,304−84.4%Reduced
Groupama Asset Managment2,213$1.84M0.04%+205+10.2%Added
EFG Asset Management (Americas) Corp.9,162$1.82M0.37%−1,141−11.1%Reduced
Janus Henderson Group PLC8,444$1.75M0.00%−867−9.3%Reduced
Rakuten Investment Management, Inc.8,357$1.73M0.01%+8,357New
Knollwood Investment Advisory, LLC8,650$1.72M0.19%00.0%Unchanged
Inspirion Wealth Advisors, LLC8,629$1.71M0.24%00.0%Unchanged
Alaethes Wealth LLC8,598$1.71M0.62%+670+8.5%Added
Quest Investment Management LLC8,503$1.69M0.21%−1,934−18.5%Reduced
Kestra Private Wealth Services, LLC8,461$1.68M0.03%+2,481+41.5%Added
Captrust Financial Advisors8,403$1.67M0.00%+83+1.0%Added
Linden Thomas Advisory Services, LLC8,393$1.67M0.22%+441+5.5%Added
Allianz Asset Management GmbH8,369$1.66M0.00%−120,672−93.5%Reduced
Brandywine Managers, LLC8,359$1.66M1.99%00.0%Unchanged