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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
BDF-Gestion10,347$3.10M0.37%−2,153−17.2%Reduced
Omers Administration Corp10,320$3.09M0.02%00.0%Unchanged
TriaGen Wealth Management LLC10,115$3.03M0.79%−74−0.7%Reduced
Salem Investment Counselors Inc10,087$3.02M0.09%+291+3.0%Added
Toroso Investments, LLC10,079$3.02M0.01%−6−0.1%Reduced
Broderick Brian C10,000$3.00M0.57%00.0%Unchanged
Westpac Banking Corp9,986$2.99M0.19%+9,006+919.0%Added
Brevan Howard Capital Management LP9,789$2.93M0.04%+4,025+69.8%Added
Quantbot Technologies LP9,728$2.92M0.08%+9,728New
Pallas Capital Advisors LLC9,727$2.91M0.11%+381+4.1%Added
TD Waterhouse Canada Inc.9,532$2.90M0.02%+4,897+105.7%Added
Prudential PLC9,568$2.87M0.02%+3,302+52.7%Added
Federation des caisses Desjardins du Quebec9,334$2.80M0.01%−1,146−10.9%Reduced
CIBC Bancorp USA Inc.9,330$2.80M0.02%+9,330New
Public Employees Retirement Association of Colorado9,320$2.79M0.01%00.0%Unchanged
Simplex Trading, LLC9,312$2.79M0.06%−676−6.8%Reduced
Merit Financial Group, LLC9,298$2.79M0.03%+3,123+50.6%Added
Leonteq Securities AG9,237$2.77M0.15%+3,920+73.7%Added
Edmond de Rothschild Holding S.A.9,226$2.76M0.04%+3,915+73.7%Added
Ethic Inc.9,188$2.75M0.05%+1,190+14.9%Added
EFG Asset Management (Americas) Corp.9,132$2.74M0.47%+365+4.2%Added
Sepio Capital, LP8,925$2.67M0.16%+716+8.7%Added
Linden Thomas Advisory Services, LLC8,814$2.64M0.27%+201+2.3%Added
Alaethes Wealth LLC8,735$2.62M0.74%−875−9.1%Reduced
Nisa Investment Advisors, LLC8,668$2.60M0.01%+8,135+1,526.3%Added
Knollwood Investment Advisory, LLC8,650$2.59M0.23%00.0%Unchanged
Migdal Insurance & Financial Holdings Ltd.8,617$2.58M0.03%+8,617New
Bridgeway Capital Management, LLC8,600$2.58M0.05%+8,600New
Summit Trail Advisors, LLC8,499$2.55M0.04%+6,665+363.4%Added
Atlantic Union Bankshares Corp8,448$2.53M0.05%+7,962+1,638.3%Added
Brandywine Managers, LLC8,359$2.50M2.40%00.0%Unchanged
Equitable Holdings, Inc.8,302$2.49M0.02%+131+1.6%Added
Wealthfront Advisers LLC8,297$2.49M0.01%+1,509+22.2%Added
Strategic Advisors LLC8,252$2.47M0.40%+12+0.1%Added
Pathstone Holdings, LLC8,171$2.45M0.01%−192−2.3%Reduced
Malaga Cove Capital, LLC8,071$2.42M0.88%−5−0.1%Reduced
O'Shaughnessy Asset Management, LLC7,988$2.39M0.01%+1,079+15.6%Added
Amalgamated Bank7,977$2.39M0.02%+646+8.8%Added
Warm Springs Advisors Inc.7,936$2.38M1.81%00.0%Unchanged
Compass Capital Corp7,196$2.37M1.03%−641−8.2%Reduced
180 Wealth Advisors, LLC7,897$2.37M0.29%+36+0.5%Added
Foundations Investment Advisors, LLC7,831$2.35M0.03%+112+1.5%Added
Kestra Private Wealth Services, LLC7,676$2.30M0.03%−268−3.4%Reduced
Qsemble Capital Management, LP7,674$2.30M0.23%+3,167+70.3%Added
Dynamic Advisor Solutions LLC7,672$2.30M0.07%−491−6.0%Reduced
MAI Capital Management7,629$2.29M0.01%−230−2.9%Reduced
Truist Financial Corp7,522$2.25M0.00%+265+3.7%Added
BNP Paribas7,165$2.25M0.07%00.0%Unchanged
Campbell & CO Investment Adviser LLC7,454$2.23M0.17%+7,454New
Bouvel Investment Partners, LLC7,419$2.22M0.68%+144+2.0%Added
Manufacturers Life Insurance Company, The7,322$2.19M0.00%−1,070−12.8%Reduced
SLT Holdings LLC7,299$2.19M1.43%−97−1.3%Reduced
The PNC Financial Services Group, Inc.7,174$2.15M0.00%+353+5.2%Added
SG Americas Securities, LLC7,169$2.15M0.01%+2,316+47.7%Added
Cache Advisors, LLC7,144$2.14M0.37%+4,478+168.0%Added
Prescott Group Capital Management, L.L.C.7,000$2.10M0.22%00.0%Unchanged
Numerai GP LLC6,980$2.09M0.30%+5,278+310.1%Added
Global Retirement Partners, LLC6,975$2.09M0.05%+115+1.7%Added
Evolutionary Tree Capital Management, LLC6,880$2.06M2.25%+4+0.1%Added
Natixis6,841$2.05M0.01%+6,841New
Munich Reinsurance Co Stock Corp in Munich6,826$2.05M0.05%+6,826New
China Universal Asset Management Co., Ltd.6,710$2.01M0.17%+1,175+21.2%Added
Geneos Wealth Management Inc.6,633$1.99M0.05%+212+3.3%Added
SBI Securities Co., Ltd.6,614$1.98M0.05%−1,150−14.8%Reduced
Norway Savings Bank6,510$1.95M0.94%+545+9.1%Added
Prosperity Financial Group, Inc.6,487$1.94M0.71%00.0%Unchanged
Avanza Fonder AB6,481$1.94M0.05%00.0%Unchanged
Brighton Jones LLC6,385$1.91M0.05%+3,339+109.6%Added
GWM Advisors LLC6,379$1.91M0.01%+1,391+27.9%Added
Leelyn Smith, LLC6,366$1.91M0.29%+670+11.8%Added
Mission Wealth Management, LP6,265$1.88M0.04%+71+1.1%Added
MetLife Investment Management6,251$1.87M0.01%+180+3.0%Added
ASR Vermogensbeheer N.V.6,176$1.85M0.02%+707+12.9%Added
Lido Advisors, LLC6,173$1.85M0.01%+494+8.7%Added
Kentucky Retirement Systems6,130$1.84M0.05%+162+2.7%Added
Sandler Capital Management6,061$1.82M0.67%−3,115−33.9%Reduced
Synergy Financial Group, LTD5,993$1.80M1.21%−406−6.3%Reduced
Ironwood Investment Management LLC5,973$1.79M0.78%−36−0.6%Reduced
Bailard, Inc.5,904$1.77M0.04%+4+0.1%Added
Advisors Asset Management, Inc.5,863$1.76M0.03%−291−4.7%Reduced
BI Asset Management Fondsmaeglerselskab A/S5,829$1.75M0.02%+113+2.0%Added
Comerica Bank5,798$1.74M0.01%−631−9.8%Reduced
KG&L Capital Management,LLC5,793$1.74M0.48%+5,793New
Bridgefront Capital, LLC5,766$1.73M0.51%+4,036+233.3%Added
Quest Investment Management LLC5,730$1.72M0.18%+900+18.6%Added
Prudential Financial Inc5,690$1.71M0.00%−1,434−20.1%Reduced
Baldwin Investment Management, LLC5,608$1.68M0.19%+1,992+55.1%Added
TrueMark Investments, LLC5,585$1.67M0.29%−468−7.7%Reduced
Cox Capital Mgt LLC5,576$1.67M1.09%+33+0.6%Added
FNY Investment Advisers, LLC5,497$1.65M0.53%+2,173+65.4%Added
Shelton Wealth Management, LLC5,391$1.62M0.75%−387−6.7%Reduced
Wallace Hart LLC5,262$1.58M1.16%−172−3.2%Reduced
Ameritas Investment Partners, Inc.5,193$1.56M0.05%+93+1.8%Added
Inspirion Wealth Advisors, LLC9,079$1.55M0.22%+485+5.6%Added
Concurrent Investment Advisors, LLC5,143$1.54M0.03%+5,143New
Gulf International Bank (UK) Ltd5,131$1.54M0.05%−80−1.5%Reduced
Wedbush Securities Inc5,129$1.54M0.05%+34+0.7%Added
BOCHK Asset Management Ltd5,065$1.52M0.40%+5,065New
Baader Bank INC5,100$1.52M0.13%−7−0.1%Reduced
Meiji Yasuda Life Insurance Co5,006$1.50M0.04%00.0%Unchanged