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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 11 sales; 749 institutions reported holding it in 13F filings for Q2 2026, worth $11.7B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Zscaler, Inc. as of Sep 30, 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
912
+18 vs. Q2 2025
Shares held
81.7M
−1.44M (−1.7%) vs. Q2 2025
Total value
$24.5B
−$1.60B (−6.1%) vs. Q2 2025
New holders
130
380 more added
Sold out
112
255 more reduced

13 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: 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 holdersQ3 2025: 912 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 heldQ3 2025: $24.5B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Zscaler, Inc.; share changes are against Q2 2025.

Institutions holding ZS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc11,367,903$3.41B0.05%+652,771+6.1%Added
BlackRock, Inc.7,791,752$2.33B0.04%+426,716+5.8%Added
FMR LLC4,034,045$1.21B0.06%+532,828+15.2%Added
American Century Companies Inc2,418,950$724.9M0.37%−303,429−11.1%Reduced
State Street Corp2,259,804$677.2M0.02%+97,366+4.5%Added
T. Rowe Price Investment Management, Inc.2,257,500$676.5M0.41%−20,333−0.9%Reduced
First Trust Advisors LP2,228,134$667.7M0.50%+193,281+9.5%Added
Geode Capital Management, LLC1,971,490$589.7M0.04%+105,161+5.6%Added
AQR Capital Management LLC1,941,571$576.1M0.37%+741,756+61.8%Added
Goldman Sachs Group Inc1,830,099$548.4M0.08%+71,239+4.1%Added
Price T Rowe Associates Inc1,794,944$537.9M0.06%+1,077,613+150.2%Added
UBS Asset Management Americas Inc1,684,545$504.8M0.11%−735,709−30.4%Reduced
Tiger Global Management LLCSuperinvestorTiger Global Management1,683,266$504.4M1.56%00.0%Unchanged
Invesco Ltd.1,290,965$386.9M0.06%+56,947+4.6%Added
Federated Hermes, Inc.1,281,671$384.1M0.68%+109,688+9.4%Added
Morgan Stanley1,242,142$372.2M0.02%−159,762−11.4%Reduced
D. E. Shaw & Co., Inc.1,236,845$370.6M0.30%−645,603−34.3%Reduced
Pictet Asset Management Holding SA967,496$289.9M0.28%−143,434−12.9%Reduced
Voya Investment Management LLC897,246$268.9M0.27%−21,415−2.3%Reduced
Amundi706,722$215.7M0.07%−48,088−6.4%Reduced
Northern Trust Corp669,046$200.5M0.03%+25,706+4.0%Added
Barclays PLC639,946$191.8M0.07%+291,018+83.4%Added
Two Sigma Advisers, LP604,100$181.0M0.36%−547,200−47.5%Reduced
Legal & General Group Plc590,290$176.9M0.04%−17,609−2.9%Reduced
Deutsche Bank AG578,353$173.3M0.06%+159,834+38.2%Added
Two Sigma Investments, LP557,308$167.0M0.26%−255,000−31.4%Reduced
UBS Group AG553,373$165.8M0.03%−1,236,962−69.1%Reduced
Nuveen, LLC550,721$165.0M0.04%−3,600−0.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.521,172$156.2M0.25%+17,965+3.6%Added
1832 Asset Management L.P.519,118$155.6M0.26%+57,318+12.4%Added
Bank of America Corp490,897$147.1M0.01%−318,825−39.4%Reduced
Artisan Partners Limited Partnership482,769$144.7M0.21%−39,626−7.6%Reduced
Charles Schwab Investment Management Inc469,237$140.6M0.02%+42,874+10.1%Added
Citigroup Inc453,954$136.0M0.09%+235,459+107.8%Added
Bank of New York Mellon Corp452,918$135.7M0.02%−44,074−8.9%Reduced
JPMorgan Chase & Co412,578$123.6M0.01%+22,215+5.7%Added
Skandinaviska Enskilda Banken AB (publ)394,665$118.3M0.47%−26,728−6.3%Reduced
Champlain Investment Partners, LLC394,470$118.2M0.89%−72,560−15.5%Reduced
Franklin Resources Inc393,539$117.9M0.03%+40,423+11.4%Added
Robeco Institutional Asset Management B.V.388,902$116.5M0.17%+65,551+20.3%Added
Ameriprise Financial Inc370,176$110.9M0.03%+51,117+16.0%Added
Alyeska Investment Group, L.P.365,213$109.4M0.33%+365,213New
Neuberger Berman Group LLC363,593$109.0M0.08%+112,387+44.7%Added
Penserra Capital Management LLC355,644$106.6M1.27%−10,349−2.8%Reduced
Raymond James Financial Inc326,665$97.9M0.03%+35,756+12.3%Added
Ensign Peak Advisors, Inc298,287$89.4M0.15%−97,104−24.6%Reduced
Danica Pension, Livsforsikringsaktieselskab294,959$88.4M1.36%+23,946+8.8%Added
Swiss National Bank291,700$87.4M0.05%−12,700−4.2%Reduced
Arrowstreet Capital, Limited Partnership290,284$87.0M0.05%−76,791−20.9%Reduced
Janus Henderson Group PLC281,683$84.5M0.04%+272,367+2,923.6%Added
Nicholas Company, Inc.262,737$78.7M1.34%−400.0%Reduced
TD Asset Management Inc255,200$76.5M0.06%−16,583−6.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.249,591$74.8M0.04%+3,114+1.3%Added
Keybank National Association242,957$72.8M0.26%−17,603−6.8%Reduced
Canada Pension Plan Investment Board239,806$71.9M0.05%+49,652+26.1%Added
La Banque Postale Asset Management SA237,371$71.1M0.87%−11,525−4.6%Reduced
Qube Research & Technologies Ltd235,938$70.7M0.10%+150,998+177.8%Added
Dimensional Fund Advisors LP229,796$68.9M0.01%+23,355+11.3%Added
Vident Advisory, LLC227,591$68.2M0.67%+4,097+1.8%Added
Wells Fargo & Company224,997$67.4M0.01%−9,880−4.2%Reduced
DekaBank Deutsche Girozentrale221,212$65.4M0.11%00.0%Unchanged
Nomura Asset Management Co Ltd211,639$63.4M0.17%−19,962−8.6%Reduced
Credit Agricole S A210,864$63.2M0.21%+210,864New
Northwestern Mutual Wealth Management Co202,483$60.7M0.04%+13,170+7.0%Added
Assenagon Asset Management S.A.196,953$59.0M0.09%−213,434−52.0%Reduced
Pacer Advisors, Inc.196,541$58.9M0.15%+35,345+21.9%Added
GuoLine Advisory Pte Ltd191,060$57.3M5.70%00.0%Unchanged
Frontier Capital Management Co LLC186,268$55.8M0.50%−17,312−8.5%Reduced
Wellington Management Group LLP184,680$55.3M0.01%−224,297−54.8%Reduced
Bamco Inc183,773$55.1M0.15%−666−0.4%Reduced
Panagora Asset Management Inc178,714$53.6M0.22%+178,714New
Citadel Advisors LLC176,214$52.8M0.04%−1,023,480−85.3%Reduced
National Pension Service173,863$52.1M0.04%+1,044+0.6%Added
BNP Paribas Arbitrage, SA173,727$52.1M0.04%−183,273−51.3%Reduced
Candriam Luxembourg S.C.A.170,808$51.2M0.27%+12,498+7.9%Added
ProShare Advisors LLC170,601$51.1M0.11%−41,964−19.7%Reduced
Great West Life Assurance Co169,870$50.4M0.07%−5,986−3.4%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)165,548$49.6M0.11%+29,204+21.4%Added
California Public Employees Retirement System165,274$49.5M0.03%+3,259+2.0%Added
Rhumbline Advisers164,884$49.4M0.04%−3,102−1.8%Reduced
Royal Bank of Canada158,289$47.4M0.01%−74,933−32.1%Reduced
CIBC Private Wealth Group, LLC154,157$46.2M0.08%−35,863−18.9%Reduced
Stifel Financial Corp152,841$45.8M0.04%+37,362+32.4%Added
Universal- Beteiligungs- und Servicegesellschaft mbH150,602$45.1M0.08%+9,127+6.5%Added
Rokos Capital Management LLP147,317$44.2M0.56%+3,700+2.6%Added
Victory Capital Management Inc143,397$43.0M0.03%+16,721+13.2%Added
AXA Investment Managers S.A.143,114$42.9M0.12%+143,114New
Perpetual Ltd141,071$42.3M0.52%−34,861−19.8%Reduced
California State Teachers Retirement System140,937$42.2M0.04%+1,353+1.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.137,852$41.3M0.03%−19,490−12.4%Reduced
Schroder Investment Management Group137,291$41.1M0.03%−26,770−16.3%Reduced
Squarepoint Ops LLC135,136$40.5M0.09%−255,604−65.4%Reduced
Macquarie Group Ltd128,492$39.5M0.05%+60,446+88.8%Added
Cresset Asset Management, LLC126,244$37.8M0.17%−666−0.5%Reduced
Man Group plc125,944$37.7M0.07%−2,557−2.0%Reduced
Jennison Associates LLC115,388$34.6M0.02%+40,827+54.8%Added
Bank of Montreal114,978$34.5M0.02%+2,897+2.6%Added
Jain Global LLC113,235$33.9M0.44%+82,877+273.0%Added
Pinebridge Investments, L.P.110,961$33.3M0.25%+6,886+6.6%Added
Massachusetts Financial Services Co109,485$32.8M0.01%+38,707+54.7%Added