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Livermore
Livermore
ZHEN

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, 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
Hallmark Capital Management Inc0$780.00%0Unchanged
Creative Financial Designs Inc1$3000.00%00.0%Unchanged
Painted Porch Advisors LLC1$3000.00%00.0%Unchanged
Central Trust Co1$3000.00%+1New
Davis Capital Management1$3000.00%+1New
IMG Wealth Management, Inc.1$3000.00%+1New
Seneschal Advisors, LLC1$3000.00%+1New
Wealth Watch Advisors, INC1$3000.00%+1New
WPG Advisers, LLC2$5990.00%00.0%Unchanged
HFM Investment Advisors, LLC2$5990.00%+1+100.0%Added
North Star Investment Management Corp.2$5990.00%+2New
SJS Investment Consulting Inc.2$6000.00%00.0%Unchanged
PayPay Securities Corp3$8010.03%+2+200.0%Added
Horizon Investments, LLC3$8990.00%00.0%Unchanged
Golden State Wealth Management, LLC3$8990.00%00.0%Unchanged
Bare Financial Services, Inc3$8990.00%00.0%Unchanged
Anfield Capital Management, LLC3$8990.00%+3New
DecisionPoint Financial, LLC3$9140.00%00.0%Unchanged
GHP Investment Advisors, Inc.4$1.20K0.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC5$1.50K0.00%+1+25.0%Added
JPL Wealth Management, LLC5$1.50K0.00%+5New
Winnow Wealth LLC5$1.50K0.00%+5New
DiNuzzo Private Wealth, Inc.6$1.66K0.00%00.0%Unchanged
Duncker Streett & Co Inc6$1.80K0.00%00.0%Unchanged
AdvisorNet Financial, Inc6$1.80K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC6$1.80K0.00%00.0%Unchanged
Aspect Partners, LLC6$1.80K0.00%+6New
Winthrop Capital Management, LLC8$2.00K0.00%00.0%Unchanged
Rialto Wealth Management, LLC7$2.10K0.00%00.0%Unchanged
Kilter Group LLC7$2.10K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC7$2.10K0.00%+7New
Altshuler Shaham Ltd8$2.40K0.00%−1,892−99.6%Reduced
Umb Bank N A8$2.40K0.00%+4+100.0%Added
Tortoise Investment Management, LLC8$2.40K0.00%+4+100.0%Added
TD Private Client Wealth LLC9$2.70K0.00%+3+50.0%Added
Crewe Advisors LLC9$2.70K0.00%+9New
Guerra Advisors Inc9$2.70K0.00%+9New
HHM Wealth Advisors, LLC10$3.00K0.00%00.0%Unchanged
Private Wealth Management Group, LLC10$3.00K0.00%00.0%Unchanged
Berkshire Capital Holdings Inc10$3.00K0.00%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.10$3.00K0.00%+10New
Pension & Wealth Management Advisors, Inc.10$3.00K0.00%+10New
Cloud Capital Management, LLC13$3.00K0.00%+13New
Rossby Financial, LCC10$3.04K0.00%00.0%Unchanged
Zions Bancorporation, National Association11$3.30K0.00%00.0%Unchanged
Cromwell Holdings LLC12$3.60K0.00%00.0%Unchanged
Bank of Jackson Hole Trust12$3.60K0.00%00.0%Unchanged
Fortitude Family Office, LLC12$3.60K0.00%+4+50.0%Added
Glen Eagle Advisors, LLC12$3.60K0.00%+12New
Whittier Trust Co of Nevada Inc12$3.67K0.00%00.0%Unchanged
Raffa Wealth Management, LLC14$4.20K0.00%+2+16.7%Added
Brown, Lisle/Cummings, Inc.15$4.50K0.00%00.0%Unchanged
Strengthening Families & Communities, LLC16$4.79K0.00%−5−23.8%Reduced
MV Capital Management, Inc.16$4.79K0.00%00.0%Unchanged
UMA Financial Services, Inc.16$4.79K0.00%+16New
Tidemark, LLC17$5.09K0.00%00.0%Unchanged
Dogwood Wealth Management LLC17$5.09K0.00%+3+21.4%Added
Hughes Financial Services, LLC16$5.26K0.00%00.0%Unchanged
Accent Capital Management, LLC18$5.39K0.00%+18New
Bell Investment Advisors, Inc19$5.69K0.00%−3−13.6%Reduced
Hopwood Financial Services, Inc.20$5.99K0.00%+20New
JFS Wealth Advisors, LLC22$6.59K0.00%00.0%Unchanged
Marquette Asset Management, LLC22$6.59K0.00%+22New
LMR Partners LLP23$6.89K0.00%−54−70.1%Reduced
Avion Wealth26$7.00K0.00%+4+18.2%Added
Asset Dedication, LLC25$7.49K0.00%00.0%Unchanged
Bogart Wealth, LLC25$7.49K0.00%+2+8.7%Added
Vermillion & White Wealth Management Group, LLC25$7.49K0.00%+25New
Pathway Financial Advisers, LLC26$7.79K0.00%+26New
Highline Wealth Partners LLC27$8.09K0.00%−70−72.2%Reduced
Activest Wealth Management28$8.39K0.00%00.0%Unchanged
WealthCollab, LLC28$8.39K0.00%00.0%Unchanged
First Pacific Financial29$8.69K0.00%−4−12.1%Reduced
Evolution Wealth Management Inc.30$8.99K0.01%+30New
Walleye Capital LLC31$9.29K0.00%−19,199−99.8%Reduced
Inlight Wealth Management, LLC33$9.89K0.00%00.0%Unchanged
Compass Financial Services Inc35$10.5K0.00%00.0%Unchanged
Silicon Valley Capital Partners36$10.9K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC37$11.1K0.00%00.0%Unchanged
Financial Consulate, Inc37$11.1K0.00%+37New
Rise Advisors, LLC38$11.4K0.00%00.0%Unchanged
Sound Income Strategies, LLC40$12.6K0.00%00.0%Unchanged
CBIZ Investment Advisory Services, LLC43$12.9K0.00%00.0%Unchanged
Strategic Advocates LLC44$13.2K0.00%+44New
High Note Wealth, LLC45$13.5K0.00%00.0%Unchanged
MJT & Associates Financial Advisory Group, Inc.46$13.8K0.01%−1−2.1%Reduced
Hantz Financial Services, Inc.48$14.0K0.00%00.0%Unchanged
Cranbrook Wealth Management, LLC50$15.0K0.00%00.0%Unchanged
Islay Capital Management, LLC50$15.0K0.01%00.0%Unchanged
Orion Capital Management LLC50$15.0K0.01%00.0%Unchanged
Wealthspire Advisors, LLC52$15.6K0.00%+52New
Hemington Wealth Management54$16.0K0.00%+10+22.7%Added
Key Financial Inc54$16.4K0.00%00.0%Unchanged
Transamerica Financial Advisors, Inc.55$16.5K0.00%+55New
Cary Street Partner Investment Advisory LLC59$17.7K0.01%+10+20.4%Added
NBT Bank N A63$18.9K0.00%+63New
Salomon & Ludwin, LLC63$19.2K0.00%+45+250.0%Added
New Millennium Group LLC69$20.7K0.01%+69New
Chesapeake Asset Management LLC70$21.0K0.02%00.0%Unchanged
Bullock Wealth Management Group70$21.3K0.01%00.0%Unchanged