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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
Princeton Capital Management LLC23,690$7.10M1.90%+368+1.6%Added
Andra AP-fonden23,969$7.18M0.09%00.0%Unchanged
Banque Cantonale Vaudoise24,339$7.29M0.27%+5,813+31.4%Added
Harvest Fund Management Co., Ltd32,273$7.41M0.31%+1,160+3.7%Added
Advisory Services Network, LLC25,220$7.56M0.11%+1,376+5.8%Added
TrimTabs Asset Management, LLC25,394$7.61M1.01%−36,173−58.8%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund25,620$7.68M0.07%+2,900+12.8%Added
Empowered Funds, LLC26,195$7.85M0.08%+3,178+13.8%Added
Private Advisor Group, LLC26,724$8.01M0.04%+4,805+21.9%Added
Bridgewater Associates, LP26,776$8.02M0.03%+26,776New
Banco Bilbao Vizcaya Argentaria, S.A.27,077$8.09M0.06%+3,247+13.6%Added
Nomura Holdings Inc27,032$8.10M0.04%+27,032New
Marshall Wace, LLP27,222$8.16M0.01%−132,077−82.9%Reduced
Investment Management Corp of Ontario27,601$8.27M0.13%−1,221−4.2%Reduced
Oddo BHF Asset Management SAS27,671$8.29M0.32%−6,947−20.1%Reduced
Maytus Capital Management, LLC27,976$8.38M1.80%−4,322−13.4%Reduced
Cetera Investment Advisers29,367$8.80M0.01%+2,861+10.8%Added
Envestnet Asset Management Inc29,418$8.82M0.00%+2,449+9.1%Added
Raiffeisen Bank International AG30,052$8.92M0.12%+20.0%Added
Arizona State Retirement System29,965$8.98M0.05%+592+2.0%Added
Illinois Municipal Retirement Fund30,480$9.13M0.12%−1,449−4.5%Reduced
Gotham Asset Management, LLC30,515$9.14M0.04%+15,138+98.4%Added
GF Fund Management Co. Ltd.31,009$9.29M0.17%−4,550−12.8%Reduced
Resona Asset Management Co.,Ltd.31,693$9.48M0.04%−1,757−5.3%Reduced
CI Private Wealth, LLC31,682$9.49M0.02%−33−0.1%Reduced
CIBC Asset Management Inc31,893$9.56M0.03%+27+0.1%Added
J. Safra Sarasin Holding AG32,675$9.79M0.16%+7,447+29.5%Added
Baird Financial Group, Inc.33,006$9.89M0.02%−102−0.3%Reduced
United Capital Management of KS, Inc.33,024$9.90M1.35%+272+0.8%Added
DnB Asset Management AS33,219$9.95M0.04%+12,936+63.8%Added
Nissay Asset Management Corp33,320$9.98M0.06%+700+2.1%Added
Arcadia Investment Management Corp33,616$10.1M1.55%+2,715+8.8%Added
Lansforsakringar Fondforvaltning AB (publ)33,793$10.1M0.05%+2,166+6.8%Added
Adage Capital Partners GP, L.L.C.34,000$10.2M0.02%+34,000New
Shikiar Asset Management Inc34,156$10.2M2.58%+12,191+55.5%Added
Clare Market Investments LLC34,528$10.3M2.07%+13,164+61.6%Added
State of New Jersey Common Pension Fund D35,626$10.7M0.04%+2,666+8.1%Added
National Bank of Canada35,700$10.7M0.01%−151,278−80.9%Reduced
RMB Capital Management, LLC35,744$10.7M0.20%−130−0.4%Reduced
North Star Asset Management Inc36,580$11.0M0.44%−509−1.4%Reduced
Mn Services Vermogensbeheer B.V.37,600$11.3M0.07%00.0%Unchanged
KLP Kapitalforvaltning AS37,700$11.3M0.04%−100−0.3%Reduced
Mackenzie Financial Corp38,416$11.5M0.01%+23,636+159.9%Added
M&G Plc38,496$11.5M0.06%+38,496New
Pinnacle Associates Ltd39,047$11.7M0.16%+1,035+2.7%Added
Engineers Gate Manager LP39,930$12.0M0.14%−12,857−24.4%Reduced
Wealth Enhancement Advisory Services, LLC42,997$12.6M0.02%+13,482+45.7%Added
Rafferty Asset Management, LLC42,838$12.8M0.04%+902+2.2%Added
Mariner, LLC43,425$13.0M0.02%+20,615+90.4%Added
Treasurer of the State of North Carolina43,902$13.2M0.04%−1,711−3.8%Reduced
Zweig-DiMenna Associates LLC43,995$13.2M1.02%00.0%Unchanged
Danske Bank A/S44,271$13.3M0.03%−5,227−10.6%Reduced
Mitsubishi UFJ Trust & Banking Corp44,633$13.4M0.03%+905+2.1%Added
Mediolanum International Funds Ltd45,150$13.4M0.14%+14,313+46.4%Added
Healthcare of Ontario Pension Plan Trust Fund44,754$13.4M0.02%−8,793−16.4%Reduced
RPG Investment Advisory, LLC45,200$13.5M1.60%+779+1.8%Added
Cooper Creek Partners Management LLC45,505$13.6M0.51%00.0%Unchanged
HighTower Advisors, LLC46,040$13.8M0.02%+1,707+3.9%Added
NEOS Investment Management LLC46,417$13.9M0.10%+20,416+78.5%Added
Mark Asset Management LP47,325$14.2M1.45%00.0%Unchanged
Advisor Group Holdings, Inc.49,657$14.3M0.02%+1,200+2.5%Added
KBC Group NV48,021$14.4M0.03%+707+1.5%Added
Acadian Asset Management LLC49,335$14.8M0.03%+46,802+1,847.7%Added
Storebrand Asset Management AS49,372$14.8M0.04%+6,340+14.7%Added
Royal London Asset Management Ltd49,460$14.8M0.03%−6,723−12.0%Reduced
Avalon Global Asset Management LLC50,000$15.0M3.44%+15,000+42.9%Added
APG Asset Management N.V.58,762$15.0M0.04%+900+1.6%Added
Woodstock Corp50,024$15.0M1.30%+574+1.2%Added
South State Corp.50,174$15.0M0.69%+6,196+14.1%Added
Public Employees Retirement System of Ohio50,868$15.2M0.05%+5,867+13.0%Added
Millennium Management LLC51,075$15.3M0.01%−144,363−73.9%Reduced
Jane Street Group, LLC52,491$15.7M0.02%−131,996−71.5%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main53,058$15.9M0.01%+6,193+13.2%Added
State of Wisconsin Investment Board53,190$15.9M0.04%−413−0.8%Reduced
Cerity Partners LLC53,522$16.0M0.03%+28,364+112.7%Added
LaFleur & Godfrey LLC54,619$16.4M1.98%−4,850−8.2%Reduced
Caisse de Depot Et Placement du Quebec55,697$16.7M0.03%+55,697New
Handelsbanken Fonder AB55,907$16.8M0.05%+16,839+43.1%Added
CWM, LLC56,146$16.8M0.05%+31,564+128.4%Added
Sequoia Financial Advisors, LLC58,627$17.6M0.11%+3,439+6.2%Added
Commonwealth Equity Services, LLC59,842$17.9M0.02%−5,459−8.4%Reduced
Guggenheim Capital LLC62,860$18.8M0.14%+2,127+3.5%Added
Standard Life Aberdeen plc64,906$19.4M0.03%+3,233+5.2%Added
Mirae Asset Global Investments Co., Ltd.66,816$20.0M0.06%+13,088+24.4%Added
Susquehanna International Group, LLP68,391$20.5M0.03%−490,024−87.8%Reduced
Alliancebernstein L.P.68,556$20.5M0.01%−2,856−4.0%Reduced
Colony Group, LLC69,184$20.7M0.03%+16,897+32.3%Added
Allianz Asset Management GmbH70,173$21.0M0.03%+65,447+1,384.8%Added
HSBC Holdings PLC74,316$22.1M0.01%+7,786+11.7%Added
Rheos Capital Works Inc.79,000$23.7M1.32%−12,000−13.2%Reduced
Parallax Volatility Advisers, L.P.79,052$23.7M0.70%−25,835−24.6%Reduced
Aviva PLC80,200$24.0M0.04%+5,114+6.8%Added
Asset Management One Co.,Ltd.81,059$24.3M0.07%−805−1.0%Reduced
Fisher Asset Management, LLC81,299$24.4M0.01%+16,662+25.8%Added
Nordea Investment Management AB82,936$24.5M0.02%−1,501−1.8%Reduced
Jacobs Levy Equity Management, Inc83,103$24.9M0.10%+80,344+2,912.1%Added
Woodline Partners LP83,482$25.0M0.12%−76,537−47.8%Reduced
Zacks Investment Management84,656$25.4M0.20%−9,438−10.0%Reduced
SEI Investments Co88,231$26.4M0.03%+4,983+6.0%Added
New York State Common Retirement Fund90,449$27.1M0.04%+36,300+67.0%Added