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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, 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
VestGen Advisors, LLC4,559$1.37M0.05%−511−10.1%Reduced
Dai-Ichi Life Insurance Company, Ltd4,700$1.41M0.04%00.0%Unchanged
Stance Capital LLC4,745$1.42M0.52%+4,745New
Maryland State Retirement & Pension System4,746$1.42M0.03%00.0%Unchanged
Kensington Investment Counsel, LLC4,749$1.42M0.58%−435−8.4%Reduced
Ofi Invest Asset Management5,601$1.43M0.03%−109−1.9%Reduced
CIBC World Markets Inc.4,788$1.43M0.00%−192−3.9%Reduced
Brown Advisory Inc4,944$1.48M0.00%−14,067−74.0%Reduced
TLWM4,959$1.49M0.27%+310+6.7%Added
Value Star Asset Management (Hong Kong) Ltd5,000$1.50M3.04%−5,000−50.0%Reduced
Firsthand Capital Management, Inc.5,000$1.50M2.52%00.0%Unchanged
Guerra Pan Advisors, LLC5,001$1.50M0.91%−37−0.7%Reduced
Meiji Yasuda Life Insurance Co5,006$1.50M0.04%00.0%Unchanged
Baader Bank INC5,100$1.52M0.13%−7−0.1%Reduced
BOCHK Asset Management Ltd5,065$1.52M0.40%+5,065New
Wedbush Securities Inc5,129$1.54M0.05%+34+0.7%Added
Gulf International Bank (UK) Ltd5,131$1.54M0.05%−80−1.5%Reduced
Concurrent Investment Advisors, LLC5,143$1.54M0.03%+5,143New
Inspirion Wealth Advisors, LLC9,079$1.55M0.22%+485+5.6%Added
Ameritas Investment Partners, Inc.5,193$1.56M0.05%+93+1.8%Added
Wallace Hart LLC5,262$1.58M1.16%−172−3.2%Reduced
Shelton Wealth Management, LLC5,391$1.62M0.75%−387−6.7%Reduced
FNY Investment Advisers, LLC5,497$1.65M0.53%+2,173+65.4%Added
Cox Capital Mgt LLC5,576$1.67M1.09%+33+0.6%Added
TrueMark Investments, LLC5,585$1.67M0.29%−468−7.7%Reduced
Baldwin Investment Management, LLC5,608$1.68M0.19%+1,992+55.1%Added
Prudential Financial Inc5,690$1.71M0.00%−1,434−20.1%Reduced
Quest Investment Management LLC5,730$1.72M0.18%+900+18.6%Added
Bridgefront Capital, LLC5,766$1.73M0.51%+4,036+233.3%Added
KG&L Capital Management,LLC5,793$1.74M0.48%+5,793New
Comerica Bank5,798$1.74M0.01%−631−9.8%Reduced
BI Asset Management Fondsmaeglerselskab A/S5,829$1.75M0.02%+113+2.0%Added
Advisors Asset Management, Inc.5,863$1.76M0.03%−291−4.7%Reduced
Bailard, Inc.5,904$1.77M0.04%+4+0.1%Added
Ironwood Investment Management LLC5,973$1.79M0.78%−36−0.6%Reduced
Synergy Financial Group, LTD5,993$1.80M1.21%−406−6.3%Reduced
Sandler Capital Management6,061$1.82M0.67%−3,115−33.9%Reduced
Kentucky Retirement Systems6,130$1.84M0.05%+162+2.7%Added
Lido Advisors, LLC6,173$1.85M0.01%+494+8.7%Added
ASR Vermogensbeheer N.V.6,176$1.85M0.02%+707+12.9%Added
MetLife Investment Management6,251$1.87M0.01%+180+3.0%Added
Mission Wealth Management, LP6,265$1.88M0.04%+71+1.1%Added
Leelyn Smith, LLC6,366$1.91M0.29%+670+11.8%Added
GWM Advisors LLC6,379$1.91M0.01%+1,391+27.9%Added
Brighton Jones LLC6,385$1.91M0.05%+3,339+109.6%Added
Avanza Fonder AB6,481$1.94M0.05%00.0%Unchanged
Prosperity Financial Group, Inc.6,487$1.94M0.71%00.0%Unchanged
Norway Savings Bank6,510$1.95M0.94%+545+9.1%Added
SBI Securities Co., Ltd.6,614$1.98M0.05%−1,150−14.8%Reduced
Geneos Wealth Management Inc.6,633$1.99M0.05%+212+3.3%Added
China Universal Asset Management Co., Ltd.6,710$2.01M0.17%+1,175+21.2%Added
Munich Reinsurance Co Stock Corp in Munich6,826$2.05M0.05%+6,826New
Natixis6,841$2.05M0.01%+6,841New
Evolutionary Tree Capital Management, LLC6,880$2.06M2.25%+4+0.1%Added
Global Retirement Partners, LLC6,975$2.09M0.05%+115+1.7%Added
Numerai GP LLC6,980$2.09M0.30%+5,278+310.1%Added
Prescott Group Capital Management, L.L.C.7,000$2.10M0.22%00.0%Unchanged
Cache Advisors, LLC7,144$2.14M0.37%+4,478+168.0%Added
SG Americas Securities, LLC7,169$2.15M0.01%+2,316+47.7%Added
The PNC Financial Services Group, Inc.7,174$2.15M0.00%+353+5.2%Added
SLT Holdings LLC7,299$2.19M1.43%−97−1.3%Reduced
Manufacturers Life Insurance Company, The7,322$2.19M0.00%−1,070−12.8%Reduced
Bouvel Investment Partners, LLC7,419$2.22M0.68%+144+2.0%Added
Campbell & CO Investment Adviser LLC7,454$2.23M0.17%+7,454New
BNP Paribas7,165$2.25M0.07%00.0%Unchanged
Truist Financial Corp7,522$2.25M0.00%+265+3.7%Added
MAI Capital Management7,629$2.29M0.01%−230−2.9%Reduced
Dynamic Advisor Solutions LLC7,672$2.30M0.07%−491−6.0%Reduced
Qsemble Capital Management, LP7,674$2.30M0.23%+3,167+70.3%Added
Kestra Private Wealth Services, LLC7,676$2.30M0.03%−268−3.4%Reduced
Foundations Investment Advisors, LLC7,831$2.35M0.03%+112+1.5%Added
180 Wealth Advisors, LLC7,897$2.37M0.29%+36+0.5%Added
Compass Capital Corp7,196$2.37M1.03%−641−8.2%Reduced
Warm Springs Advisors Inc.7,936$2.38M1.81%00.0%Unchanged
Amalgamated Bank7,977$2.39M0.02%+646+8.8%Added
O'Shaughnessy Asset Management, LLC7,988$2.39M0.01%+1,079+15.6%Added
Malaga Cove Capital, LLC8,071$2.42M0.88%−5−0.1%Reduced
Pathstone Holdings, LLC8,171$2.45M0.01%−192−2.3%Reduced
Strategic Advisors LLC8,252$2.47M0.40%+12+0.1%Added
Wealthfront Advisers LLC8,297$2.49M0.01%+1,509+22.2%Added
Equitable Holdings, Inc.8,302$2.49M0.02%+131+1.6%Added
Brandywine Managers, LLC8,359$2.50M2.40%00.0%Unchanged
Atlantic Union Bankshares Corp8,448$2.53M0.05%+7,962+1,638.3%Added
Summit Trail Advisors, LLC8,499$2.55M0.04%+6,665+363.4%Added
Bridgeway Capital Management, LLC8,600$2.58M0.05%+8,600New
Migdal Insurance & Financial Holdings Ltd.8,617$2.58M0.03%+8,617New
Knollwood Investment Advisory, LLC8,650$2.59M0.23%00.0%Unchanged
Nisa Investment Advisors, LLC8,668$2.60M0.01%+8,135+1,526.3%Added
Alaethes Wealth LLC8,735$2.62M0.74%−875−9.1%Reduced
Linden Thomas Advisory Services, LLC8,814$2.64M0.27%+201+2.3%Added
Sepio Capital, LP8,925$2.67M0.16%+716+8.7%Added
EFG Asset Management (Americas) Corp.9,132$2.74M0.47%+365+4.2%Added
Ethic Inc.9,188$2.75M0.05%+1,190+14.9%Added
Edmond de Rothschild Holding S.A.9,226$2.76M0.04%+3,915+73.7%Added
Leonteq Securities AG9,237$2.77M0.15%+3,920+73.7%Added
Merit Financial Group, LLC9,298$2.79M0.03%+3,123+50.6%Added
Simplex Trading, LLC9,312$2.79M0.06%−676−6.8%Reduced
Public Employees Retirement Association of Colorado9,320$2.79M0.01%00.0%Unchanged
CIBC Bancorp USA Inc.9,330$2.80M0.02%+9,330New
Federation des caisses Desjardins du Quebec9,334$2.80M0.01%−1,146−10.9%Reduced