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 11 sales; 749 institutions reported holding it in 13F filings for Q2 2026, worth $11.7B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Zscaler, Inc. as of Dec 31, 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
- 891
- −2 vs. Q3 2025
- Shares held
- 89.1M
- +7.83M (+9.6%) vs. Q3 2025
- Total value
- $20.0B
- −$4.30B (−17.7%) vs. Q3 2025
- New holders
- 146
- 327 more added
- Sold out
- 148
- 298 more reduced
19 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 749 | $11.7B |
| Q1 2026 | 752 | $12.5B |
| Q4 2025 | 891 | $20.0B |
| Q3 2025 | 912 | $24.5B |
| Q2 2025 | 907 | $26.1B |
| Q1 2025 | 769 | $16.7B |
| Q4 2024 | 762 | $13.7B |
| Q3 2024 | 700 | $12.6B |
| Q2 2024 | 734 | $13.5B |
| Q1 2024 | 739 | $13.6B |
| Q4 2023 | 741 | $15.2B |
| Q3 2023 | 624 | $10.2B |
| Q2 2023 | 595 | $9.88B |
| Q1 2023 | 573 | $7.85B |
| Q4 2022 | 562 | $7.50B |
| Q3 2022 | 608 | $10.9B |
| Q2 2022 | 594 | $9.70B |
| Q1 2022 | 631 | $15.2B |
| Q4 2021 | 661 | $20.5B |
| Q3 2021 | 601 | $16.0B |
| Q2 2021 | 549 | $13.0B |
| Q1 2021 | 537 | $9.49B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Zscaler, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 11,423,424 | $2.57B | 0.04% | +55,521+0.5% | Added |
| BlackRock, Inc. | 7,830,756 | $1.76B | 0.03% | +39,004+0.5% | Added |
| Invesco Ltd. | 5,052,401 | $1.14B | 0.11% | +3,761,436+291.4% | Added |
| FMR LLC | 4,529,502 | $1.02B | 0.05% | +495,457+12.3% | Added |
| First Trust Advisors LP | 2,582,897 | $580.9M | 0.42% | +354,763+15.9% | Added |
| Price T Rowe Associates Inc | 2,572,358 | $578.6M | 0.06% | +777,414+43.3% | Added |
| Goldman Sachs Group Inc | 2,412,416 | $542.6M | 0.08% | +582,317+31.8% | Added |
| American Century Companies Inc | 2,401,772 | $540.2M | 0.27% | −17,178−0.7% | Reduced |
| State Street Corp | 2,337,604 | $525.8M | 0.02% | +77,800+3.4% | Added |
| Geode Capital Management, LLC | 2,069,630 | $464.8M | 0.03% | +98,140+5.0% | Added |
| T. Rowe Price Investment Management, Inc. | 1,928,098 | $433.7M | 0.27% | −329,402−14.6% | Reduced |
| UBS Asset Management Americas Inc | 1,669,505 | $375.5M | 0.08% | −15,040−0.9% | Reduced |
| AQR Capital Management LLC | 1,599,045 | $359.7M | 0.19% | −342,526−17.6% | Reduced |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 1,579,766 | $355.3M | 1.20% | −103,500−6.1% | Reduced |
| Morgan Stanley | 1,557,640 | $350.3M | 0.02% | +315,498+25.4% | Added |
| UBS Group AG | 1,269,322 | $285.5M | 0.06% | +715,949+129.4% | Added |
| Pictet Asset Management Holding SA | 1,259,127 | $283.3M | 0.28% | +291,631+30.1% | Added |
| Federated Hermes, Inc. | 1,204,917 | $271.0M | 0.45% | −76,754−6.0% | Reduced |
| Voya Investment Management LLC | 950,885 | $213.9M | 0.21% | +53,639+6.0% | Added |
| Barclays PLC | 727,417 | $163.6M | 0.07% | +87,471+13.7% | Added |
| Northern Trust Corp | 680,449 | $153.0M | 0.02% | +11,403+1.7% | Added |
| Amundi | 676,845 | $152.2M | 0.04% | −29,877−4.2% | Reduced |
| Legal & General Group Plc | 645,996 | $145.3M | 0.03% | +55,706+9.4% | Added |
| Squarepoint Ops LLC | 633,876 | $142.6M | 0.29% | +498,740+369.1% | Added |
| Artisan Partners Limited Partnership | 593,545 | $133.5M | 0.20% | +110,776+22.9% | Added |
| Nuveen, LLC | 551,376 | $124.0M | 0.03% | +655+0.1% | Added |
| Bank of America Corp | 539,919 | $121.4M | 0.01% | +49,022+10.0% | Added |
| Charles Schwab Investment Management Inc | 492,694 | $110.8M | 0.02% | +23,457+5.0% | Added |
| Citigroup Inc | 483,905 | $108.8M | 0.07% | +29,951+6.6% | Added |
| Deutsche Bank AG | 476,539 | $107.2M | 0.03% | −101,814−17.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 461,805 | $103.9M | 0.16% | −59,367−11.4% | Reduced |
| Bank of New York Mellon Corp | 458,314 | $103.1M | 0.02% | +5,396+1.2% | Added |
| Arrowstreet Capital, Limited Partnership | 427,992 | $96.3M | 0.06% | +137,708+47.4% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 420,086 | $94.5M | 0.38% | +25,421+6.4% | Added |
| Penserra Capital Management LLC | 387,626 | $87.2M | 1.04% | +31,982+9.0% | Added |
| Qube Research & Technologies Ltd | 380,391 | $85.6M | 0.12% | +144,453+61.2% | Added |
| Janus Henderson Group PLC | 368,403 | $82.9M | 0.04% | +86,720+30.8% | Added |
| D. E. Shaw & Co., Inc. | 364,113 | $81.9M | 0.06% | −872,732−70.6% | Reduced |
| Norges Bank | 354,626 | $79.8M | 0.01% | +354,626 | New |
| Alyeska Investment Group, L.P. | 335,147 | $75.4M | 0.21% | −30,066−8.2% | Reduced |
| JPMorgan Chase & Co | 334,095 | $75.1M | 0.01% | −78,483−19.0% | Reduced |
| Champlain Investment Partners, LLC | 331,884 | $74.6M | 0.76% | −62,586−15.9% | Reduced |
| La Banque Postale Asset Management SA | 322,488 | $72.5M | 0.84% | +85,117+35.9% | Added |
| Ameriprise Financial Inc | 313,263 | $70.5M | 0.02% | −56,913−15.4% | Reduced |
| Raymond James Financial Inc | 300,163 | $68.1M | 0.02% | −26,502−8.1% | Reduced |
| Jacobs Levy Equity Management, Inc | 301,109 | $67.7M | 0.26% | +218,006+262.3% | Added |
| Ensign Peak Advisors, Inc | 289,559 | $65.1M | 0.12% | −8,728−2.9% | Reduced |
| Swiss National Bank | 282,000 | $63.4M | 0.04% | −9,700−3.3% | Reduced |
| Westfield Capital Management Co LP | 280,807 | $63.2M | 0.26% | +280,807 | New |
| Neuberger Berman Group LLC | 280,012 | $63.0M | 0.05% | −83,581−23.0% | Reduced |
| Holocene Advisors, LP | 280,000 | $63.0M | 0.13% | +280,000 | New |
| Canada Pension Plan Investment Board | 279,693 | $62.9M | 0.04% | +39,887+16.6% | Added |
| Nicholas Company, Inc. | 262,697 | $59.1M | 1.03% | −400.0% | Reduced |
| Liontrust Investment Partners LLP | 258,925 | $58.2M | 0.86% | +258,925 | New |
| TD Asset Management Inc | 257,428 | $57.9M | 0.05% | +2,228+0.9% | Added |
| Franklin Resources Inc | 251,663 | $56.6M | 0.01% | −141,876−36.1% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 250,960 | $56.4M | 0.03% | +1,369+0.5% | Added |
| ProShare Advisors LLC | 249,609 | $56.1M | 0.10% | +79,008+46.3% | Added |
| Robeco Institutional Asset Management B.V. | 249,036 | $56.0M | 0.08% | −139,866−36.0% | Reduced |
| Man Group plc | 248,861 | $56.0M | 0.11% | +122,917+97.6% | Added |
| Dimensional Fund Advisors LP | 240,044 | $54.0M | 0.01% | +10,248+4.5% | Added |
| Citadel Advisors LLC | 240,053 | $54.0M | 0.04% | +63,839+36.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 227,417 | $51.2M | 0.06% | +227,417 | New |
| Royal Bank of Canada | 227,003 | $51.1M | 0.01% | +68,714+43.4% | Added |
| Nomura Asset Management International Inc. | 225,375 | $50.7M | 0.08% | +225,375 | New |
| Nomura Asset Management Co Ltd | 221,565 | $49.8M | 0.13% | +9,926+4.7% | Added |
| Bank of Montreal | 215,648 | $48.5M | 0.02% | +100,670+87.6% | Added |
| Wells Fargo & Company | 214,750 | $48.3M | 0.01% | −10,247−4.6% | Reduced |
| Northwestern Mutual Wealth Management Co | 210,784 | $47.4M | 0.03% | +8,301+4.1% | Added |
| Danica Pension, Livsforsikringsaktieselskab | 207,836 | $46.7M | 0.67% | −87,123−29.5% | Reduced |
| Two Sigma Investments, LP | 201,417 | $45.3M | 0.07% | −355,891−63.9% | Reduced |
| BNP Paribas Arbitrage, SA | 199,032 | $44.8M | 0.03% | +25,305+14.6% | Added |
| Vident Advisory, LLC | 198,033 | $44.5M | 0.42% | −29,558−13.0% | Reduced |
| GuoLine Advisory Pte Ltd | 191,060 | $43.0M | 3.95% | 00.0% | Unchanged |
| Bamco Inc | 190,968 | $43.0M | 0.12% | +7,195+3.9% | Added |
| DekaBank Deutsche Girozentrale | 221,212 | $42.9M | 0.08% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 184,741 | $41.6M | 0.15% | +6,027+3.4% | Added |
| Candriam Luxembourg S.C.A. | 182,989 | $41.2M | 0.21% | +12,181+7.1% | Added |
| National Pension Service | 179,825 | $40.4M | 0.03% | +5,962+3.4% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 178,836 | $40.2M | 0.07% | +134,082+299.6% | Added |
| California Public Employees Retirement System | 177,459 | $39.9M | 0.02% | +12,185+7.4% | Added |
| Greenvale Capital LLP | 175,000 | $39.4M | 3.69% | +175,000 | New |
| Keybank National Association | 169,727 | $38.2M | 0.14% | −73,230−30.1% | Reduced |
| Credit Agricole S A | 168,140 | $37.8M | 0.10% | −42,724−20.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 166,821 | $37.6M | 0.06% | +16,219+10.8% | Added |
| Rhumbline Advisers | 163,638 | $36.8M | 0.03% | −1,246−0.8% | Reduced |
| Jain Global LLC | 160,461 | $36.1M | 0.35% | +47,226+41.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 153,376 | $34.5M | 0.07% | −12,172−7.4% | Reduced |
| Stifel Financial Corp | 151,913 | $34.2M | 0.03% | −928−0.6% | Reduced |
| Creative Planning | 147,539 | $33.2M | 0.02% | +44,964+43.8% | Added |
| Rokos Capital Management LLP | 147,317 | $33.1M | 0.49% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 143,808 | $32.3M | 0.05% | −10,349−6.7% | Reduced |
| California State Teachers Retirement System | 142,232 | $32.0M | 0.03% | +1,295+0.9% | Added |
| Capital Impact Advisors, LLC | 141,188 | $31.8M | 2.48% | +141,188 | New |
| Victory Capital Management Inc | 138,644 | $31.2M | 0.02% | −4,753−3.3% | Reduced |
| Wellington Management Group LLP | 134,089 | $30.2M | 0.01% | −50,591−27.4% | Reduced |
| Schroder Investment Management Group | 130,932 | $29.4M | 0.02% | −6,359−4.6% | Reduced |
| Cresset Asset Management, LLC | 127,129 | $28.6M | 0.12% | +885+0.7% | Added |
| Great West Life Assurance Co | 125,173 | $28.2M | 0.05% | −44,697−26.3% | Reduced |
| SG Americas Securities, LLC | 116,128 | $26.1M | 0.03% | +108,959+1,519.9% | Added |