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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
Nomura Holdings Inc27,032$8.10M0.04%+27,032New
Banco Bilbao Vizcaya Argentaria, S.A.27,077$8.09M0.06%+3,247+13.6%Added
Bridgewater Associates, LP26,776$8.02M0.03%+26,776New
Private Advisor Group, LLC26,724$8.01M0.04%+4,805+21.9%Added
Empowered Funds, LLC26,195$7.85M0.08%+3,178+13.8%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund25,620$7.68M0.07%+2,900+12.8%Added
TrimTabs Asset Management, LLC25,394$7.61M1.01%−36,173−58.8%Reduced
Advisory Services Network, LLC25,220$7.56M0.11%+1,376+5.8%Added
Harvest Fund Management Co., Ltd32,273$7.41M0.31%+1,160+3.7%Added
Banque Cantonale Vaudoise24,339$7.29M0.27%+5,813+31.4%Added
Andra AP-fonden23,969$7.18M0.09%00.0%Unchanged
Princeton Capital Management LLC23,690$7.10M1.90%+368+1.6%Added
Howe & Rusling Inc23,252$6.97M0.48%+12+0.1%Added
B. Metzler seel. Sohn & Co. AG23,026$6.90M0.06%−4,367−15.9%Reduced
PDT Partners, LLC22,834$6.84M0.43%−6,162−21.3%Reduced
Forsta Ap-Fonden22,500$6.74M0.04%+1,600+7.7%Added
SRS Capital Advisors, Inc.22,362$6.70M0.10%+21,959+5,448.9%Added
Oak Ridge Investments LLC22,353$6.70M0.43%+21,056+1,623.4%Added
Daiwa Securities Group Inc.22,348$6.70M0.02%−699−3.0%Reduced
Navis Wealth Advisors, LLC22,184$6.65M5.00%−70.0%Reduced
Kornitzer Capital Management Inc22,100$6.62M0.13%+2,900+15.1%Added
Cambridge Investment Research Advisors, Inc.22,054$6.61M0.02%+699+3.3%Added
Toronto Dominion Bank21,657$6.49M0.01%−4,169−16.1%Reduced
Occudo Quantitative Strategies LP21,623$6.48M0.79%−516−2.3%Reduced
Prospera Financial Services Inc21,588$6.47M0.11%+21,588New
US Bancorp21,574$6.46M0.01%+98+0.5%Added
Los Angeles Capital Management LLC21,523$6.45M0.02%+19,348+889.6%Added
IFM Investors Pty Ltd21,794$6.42M0.06%−267−1.2%Reduced
LMCG Investments, LLC20,849$6.25M0.37%+1,121+5.7%Added
Beacon Pointe Advisors, LLC20,631$6.18M0.05%+1,979+10.6%Added
Xponance, Inc.20,283$6.08M0.05%+800+4.1%Added
Edgestream Partners, L.P.20,161$6.04M0.18%+20,161New
Ilmarinen Mutual Pension Insurance Co19,960$5.98M0.04%−540−2.6%Reduced
Weatherly Asset Management L. P.19,820$5.94M0.49%+3,160+19.0%Added
Banco Santander, S.A.18,738$5.62M0.05%−825−4.2%Reduced
Independent Financial Group, LLC18,732$5.61M0.13%−377−2.0%Reduced
Azzad Asset Management Inc18,485$5.54M0.55%+2,838+18.1%Added
Mitchell Capital Management Co18,388$5.51M0.94%+118+0.6%Added
Oak Associates, Ltd18,288$5.48M0.33%−2,784−13.2%Reduced
Mercer Global Advisors Inc18,280$5.48M0.01%+11,556+171.9%Added
Davy Global Fund Management Ltd18,187$5.45M0.37%+333+1.9%Added
MML Investors Services, LLC18,164$5.44M0.01%+1,247+7.4%Added
USS Investment Management Ltd18,095$5.43M0.03%00.0%Unchanged
iA Global Asset Management Inc.18,032$5.40M0.07%−1,103−5.8%Reduced
Swiss Life Asset Management Ltd17,812$5.34M0.03%+2,174+13.9%Added
Jump Financial, LLC17,753$5.32M0.07%+7,960+81.3%Added
Sanctuary Advisors, LLC17,648$5.29M0.03%+4,355+32.8%Added
Shelton Capital Management17,352$5.20M0.11%00.0%Unchanged
Jones Financial Companies LLLP17,045$5.02M0.00%+2,046+13.6%Added
Scotia Capital Inc.16,627$4.98M0.02%+1,367+9.0%Added
Krilogy Financial LLC15,287$4.95M0.19%+15,287New
Utah Retirement Systems16,113$4.83M0.05%+552+3.5%Added
Rakuten Investment Management, Inc.41,022$4.79M0.02%+41,022New
Grandeur Peak Global Advisors, LLC15,741$4.72M0.63%−625−3.8%Reduced
Police & Firemen's Retirement System of New Jersey15,739$4.72M0.04%+893+6.0%Added
Groupama Asset Managment–$4.71M0.07%––
OP Asset Management Ltd15,245$4.57M0.06%+842+5.8%Added
Quadrature Capital Ltd15,161$4.54M0.05%−56,582−78.9%Reduced
Trexquant Investment LP14,859$4.45M0.05%+14,859New
British Columbia Investment Management Corp14,544$4.36M0.02%−1,283−8.1%Reduced
Kestra Advisory Services, LLC14,441$4.33M0.02%−2,979−17.1%Reduced
Erste Asset Management GmbH14,545$4.32M0.04%+4,094+39.2%Added
First Washington CORP14,199$4.25M1.14%−27−0.2%Reduced
Munro Partners14,075$4.22M0.12%+3,815+37.2%Added
Captrust Financial Advisors14,059$4.21M0.01%+4,463+46.5%Added
Prevail Innovative Wealth Advisors, LLC14,046$4.21M0.82%+11,336+418.3%Added
Y.D. More Investments Ltd14,169$4.21M0.24%−189−1.3%Reduced
Thoroughbred Financial Services, LLC13,482$4.04M0.25%+2,028+17.7%Added
Red Spruce Capital, LLC13,451$4.03M1.64%+671+5.3%Added
Y-Intercept (Hong Kong) Ltd13,332$4.00M0.10%+13,332New
Hennion & Walsh Asset Management, Inc.13,315$3.99M0.14%+208+1.6%Added
Teacher Retirement System of Texas13,247$3.97M0.02%−2,021−13.2%Reduced
MIG Capital, LLC13,241$3.97M0.58%+3,277+32.9%Added
Valicenti Advisory Services Inc13,201$3.96M0.85%+7+0.1%Added
JustInvest LLC12,956$3.88M0.04%−468−3.5%Reduced
Bank Julius Baer & Co. Ltd, Zurich12,891$3.86M0.01%−12,236−48.7%Reduced
Voleon Capital Management LP12,641$3.79M0.09%+2,512+24.8%Added
Rockefeller Capital Management L.P.12,636$3.79M0.01%−1,749−12.2%Reduced
Goldstream Capital Management Ltd12,450$3.73M1.32%+34+0.3%Added
Essex Investment Management Co LLC12,434$3.73M0.57%−207−1.6%Reduced
Main Management ETF Advisors, LLC12,399$3.71M0.14%+6,535+111.4%Added
Stephens Inc12,336$3.70M0.05%−38,401−75.7%Reduced
Tredje AP-fonden12,268$3.68M0.03%+4,428+56.5%Added
Independent Solutions Wealth Management, LLC12,178$3.65M0.65%+121+1.0%Added
Bank Hapoalim BM12,140$3.64M0.45%00.0%Unchanged
Nicholas Investment Partners, LP12,091$3.62M0.28%−650−5.1%Reduced
Chicago Capital, LLC12,074$3.62M0.09%+441+3.8%Added
Janney Montgomery Scott LLC11,974$3.59M0.01%+1,820+17.9%Added
Alps Advisors Inc11,838$3.55M0.02%+1,894+19.0%Added
EFG Asset Management (North America) Corp.11,527$3.46M0.45%+796+7.4%Added
Louisiana State Employees Retirement System11,400$3.42M0.06%00.0%Unchanged
Profund Advisors LLC11,256$3.37M0.11%−325−2.8%Reduced
Sterling Investment Advisors, Ltd.11,245$3.37M0.66%+50.0%Added
Schonfeld Strategic Advisors LLC11,181$3.35M0.02%−16,039−58.9%Reduced
Buckingham Strategic Partners10,362$3.33M0.04%+5,888+131.6%Added
Motley Fool Asset Management LLC10,920$3.27M0.14%+3,011+38.1%Added
Simmons Bank10,888$3.26M0.22%+696+6.8%Added
Swedbank AB10,740$3.22M0.00%+989+10.1%Added
Diversify Advisory Services, LLC9,565$3.22M0.11%+97+1.0%Added
Sumitomo Mitsui DS Asset Management Company, Ltd10,383$3.11M0.03%−18−0.2%Reduced