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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 11 sales; 749 institutions reported holding it in 13F filings for Q2 2026, worth $11.7B in total; no superinvestor holds it.

Q4 2025 vs. Q3 2025

How the institutions holding Zscaler, Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of ZS: Q3 2025 compared with Q4 2025
MeasureQ3 2025Of which not filed for Q4 2025Q4 2025Change
Holders91219891−2
Shares81.7M430.3K89.1M+7.83M (+9.6%)
Value$24.5B$128.9M$20.0B−$4.30B (−17.7%)

19 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (146)

Institutions that held Zscaler, Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Showing the largest 100 of 146 by value.

Institutions new to ZS in Q4 2025
InstitutionSharesValue% of portfolio
Norges Bank354,626$79.8M0.01%
Westfield Capital Management Co LP280,807$63.2M0.26%
Holocene Advisors, LP280,000$63.0M0.13%
Liontrust Investment Partners LLP258,925$58.2M0.86%
BNP PARIBAS ASSET MANAGEMENT Holding S.A.227,417$51.2M0.06%
Nomura Asset Management International Inc.225,375$50.7M0.08%
Greenvale Capital LLP175,000$39.4M3.69%
Capital Impact Advisors, LLC141,188$31.8M2.48%
ADAPT Investment Managers SA112,413$25.3M5.11%
Jupiter Asset Management Ltd91,210$20.5M0.16%
Wedbush Fund Advisers, LLC83,152$18.7M1.93%
Pinebridge Investments LLC82,276$18.5M0.14%
Quantinno Capital Management LP32,848$7.39M0.01%
Alberta Investment Management Corp32,800$7.38M0.04%
EFG International AG32,019$7.20M0.14%
Polar Asset Management Partners Inc.30,000$6.75M0.13%
Scalar Gauge Management, LLC25,000$5.62M3.73%
NLB Skladi, upravljanje premozenja, d.o.o.21,193$4.77M0.22%
Oversea-Chinese Banking CORP Ltd20,002$4.50M0.12%
Proem Advisors LLC20,000$4.50M1.52%
PensionDanmark Pensionsforsikringsaktieselskab19,140$4.30M0.04%
Spear Advisors LLC15,382$3.46M2.42%
Fideuram - Intesa Sanpaolo Private Banking S.P.A.13,511$3.04M0.11%
Oxbow Advisors, LLC13,068$2.94M0.26%
Hudson Bay Capital Management LP12,757$2.87M0.02%
Siren, L.L.C.12,000$2.70M0.08%
FirstWave Capital Management LLC11,563$2.60M1.54%
CIBC World Markets Corp11,317$2.55M0.01%
Emissary Wealth LLC11,089$2.49M2.10%
Walleye Trading LLC11,042$2.48M0.04%
Van Eck Associates Corp10,250$2.31M0.00%
Virtu Financial LLC10,250$2.31M0.09%
Inspire Advisors, LLC9,899$2.23M0.20%
Landscape Capital Management, L.L.C.8,799$1.98M0.13%
Quantitative Investment Management, LLC8,371$1.88M0.18%
Havemeyer Place LP7,185$1.62M0.32%
Generali Asset Management SPA SGR6,865$1.54M0.03%
Polianta Ltd6,200$1.39M0.18%
Greenland Capital Management LP5,015$1.13M0.16%
PKO Investment Management Joint-Stock Co5,000$1.12M0.09%
Axq Capital, LP4,844$1.09M0.25%
Nano Cap New Millennium Growth Fund L P4,700$1.06M0.90%
Alphadyne Asset Management LP4,634$1.04M0.10%
Sentinel Dome Partners, LLC4,400$989.6K0.67%
Oak Thistle LLC4,015$903.1K0.13%
Ovata Capital Management Ltd3,880$872.7K0.11%
Paragon Capital Management Inc3,860$868.2K0.67%
Hillsdale Investment Management Inc.3,600$809.7K0.02%
North Dakota State Investment Board3,438$773.3K0.03%
Blueshift Asset Management, LLC3,387$761.8K0.22%
Worthington Financial Partners, LLC3,200$719.7K0.64%
Fieldview Capital Management, LLC3,154$709.4K0.12%
V-Square Quantitative Management LLC2,720$611.8K0.06%
SkyOak Wealth, LLC2,705$608.4K0.11%
Meridian Wealth Management, LLC2,457$552.6K0.02%
AlphaGrep UK Ltd2,408$541.6K0.18%
Pursuit Wealth Management LLC2,335$525.2K0.45%
Cane Capital Partners, LLC2,295$516.2K0.22%
Machina Capital S.A.S.2,280$512.8K0.10%
Evolve Private Wealth, LLC2,277$512.1K0.03%
Entropy Technologies, LP2,219$499.1K0.03%
Midwest Trust Co2,207$496.4K0.01%
Miller Financial Services LLC2,141$490.9K0.58%
Twin Tree Management, LP2,102$472.8K0.05%
Group One Trading, L.P.2,088$469.6K0.01%
Stanley-Laman Group, Ltd.2,047$460.4K0.06%
Algert Global LLC1,930$434.1K0.01%
Rare Wolf Capital LLC1,890$425.1K0.27%
Armistice Capital, LLC1,822$409.8K0.01%
Dara Capital US, Inc.1,789$402.4K0.36%
Laird Norton Trust Company, LLC1,726$388.2K0.01%
WBI Investments1,581$355.6K0.09%
TCW Group Inc1,554$349.5K0.00%
Twinbeech Capital LP1,533$344.8K0.02%
Intesa Sanpaolo S.p.A.1,467$334.4K0.02%
Odyssean, LLC1,394$313.5K0.23%
Inceptionr LLC1,368$307.7K0.09%
MOR Wealth Management, LLC1,308$294.2K0.13%
MLP3, LLC1,290$290.1K0.32%
PCM Encore, LLC1,286$289.3K0.06%
Knightsbridge Asset Management, LLC1,241$279.1K0.04%
K.J. Harrison & Partners Inc1,200$269.9K0.04%
Buckland Partners Management Co LLC1,200$269.9K0.15%
Loomis Sayles & Co L P1,190$267.7K0.00%
Sherbrooke Park Advisers LLC1,106$248.8K0.64%
Alchemi Wealth, LLC1,075$241.8K0.13%
Sentinus, LLC1,059$238.2K0.02%
Indivisible Partners1,057$237.7K0.03%
DRW Securities, LLC1,038$233.5K0.02%
Dempze Nancy E1,000$224.9K0.12%
Berkeley Capital Partners, LLC–$224.9K0.05%
Clear Harbor Asset Management, LLC992$223.1K0.02%
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management976$219.5K0.00%
Gsa Capital Partners LLP969$218.0K0.02%
Legato Capital Management LLC925$208.1K0.02%
Tritonpoint Wealth, LLC925$207.9K0.02%
DV Trading LLC675$151.8K0.01%
Intesa Sanpaolo Wealth Management615$138.3K0.03%
Austin Private Wealth, LLC596$134.1K0.01%
Kayne Anderson Rudnick Investment Management LLC515$116.0K0.00%

Sold out (148)

Institutions that held Zscaler, Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Showing the largest 100 of 148 by value.

Institutions that sold out of ZS in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Caisse de Depot Et Placement du Quebec55,697$16.7M
Avalon Global Asset Management LLC50,000$15.0M
Mark Asset Management LP47,325$14.2M
Maytus Capital Management, LLC27,976$8.38M
Marshall Wace, LLP27,222$8.16M
TrimTabs Asset Management, LLC25,394$7.61M
Prospera Financial Services Inc21,588$6.47M
Banco Santander, S.A.18,738$5.62M
Groupama Asset Managment–$4.71M
Quadrature Capital Ltd15,161$4.54M
Munro Partners14,075$4.22M
Prevail Innovative Wealth Advisors, LLC14,046$4.21M
Goldstream Capital Management Ltd12,450$3.73M
Schonfeld Strategic Advisors LLC11,181$3.35M
TriaGen Wealth Management LLC10,115$3.03M
Bridgeway Capital Management, LLC8,600$2.58M
Natixis6,841$2.05M
Brighton Jones LLC6,385$1.91M
Sandler Capital Management6,061$1.82M
Bridgefront Capital, LLC5,766$1.73M
FNY Investment Advisers, LLC5,497$1.65M
Concurrent Investment Advisors, LLC5,143$1.54M
Baader Bank INC5,100$1.52M
Stance Capital LLC4,745$1.42M
VestGen Advisors, LLC4,559$1.37M
Delta Global Management LP4,358$1.31M
Riverbridge Partners LLC4,148$1.24M
Virtue Capital Management, LLC4,137$1.24M
Magnetar Financial LLC4,089$1.23M
Whalen Wealth Management Inc.4,067$1.22M
FORA Capital, LLC3,740$1.12M
GTS Securities LLC3,518$1.05M
Sig Brokerage, LP2,988$895.4K
APG Asset Management US Inc.2,721$828.6K
Parisi Gray Wealth Management2,679$802.9K
Hollencrest Capital Management2,499$748.9K
Jackson Thornton Asset Management, LLC2,340$734.5K
Vinva Investment Management Ltd11,347$686.3K
Qtron Investments LLC2,259$676.9K
Great Valley Advisor Group, Inc.2,206$661.1K
Keywise Capital Management (HK) Ltd2,200$659.3K
NorthRock Partners, LLC2,158$646.7K
Vestmark Advisory Solutions, Inc.1,928$577.7K
Mount Yale Investment Advisors, LLC1,928$577.7K
Requisite Capital Management, LLC1,751$524.7K
Financiere des Professionnels - Fonds d,investissement inc.1,695$507.9K
Armis Advisers, LLC1,478$497.0K
Bank of Hawaii1,622$486.0K
QTR Family Wealth, LLC1,597$478.4K
Kera Capital Partners, Inc.1,596$478.3K
AE Wealth Management LLC1,529$458.2K
Keystone Investors Pte Ltd1,486$445.3K
Asahi Life Asset Management Co., Ltd.1,451$434.8K
Cynosure Management, LLC1,450$434.5K
Warren Averett Asset Management, LLC1,343$402.4K
Ariadne Wealth Management, LP1,249$385.4K
Tradewinds, LLC.1,248$374.0K
Teamwork Financial Advisors, LLC1,236$370.4K
McAdam, LLC1,178$353.0K
Alpine Global Management, LLC1,174$351.8K
Arete Wealth Advisors, LLC1,132$340.0K
Catalytic Wealth RIA, LLC1,057$316.7K
Moran Wealth Management, LLC1,027$307.8K
Prostatis Group LLC1,000$299.7K
McGlone Suttner Wealth Management, Inc.1,000$299.7K
Savvy Advisors, Inc.990$296.6K
IHT Wealth Management, LLC988$296.1K
Lazard Asset Management LLC986$295.5K
Park Avenue Securities LLC974$292.0K
Tactive Advisors, LLC965$289.2K
Sivia Capital Partners, LLC961$288.0K
Harel Insurance Investments & Financial Services Ltd.947$283.0K
Brookstone Capital Management936$280.5K
Investment Research Partners LLC868$278.6K
Enclave Advisors LLC929$278.4K
Redwood Financial Network Corp893$267.6K
Advisor OS, LLC879$263.4K
One Wealth Advisors, LLC878$263.1K
Balboa Wealth Partners870$260.7K
Awm Capital, LLC863$258.6K
Jackson Square Capital, LLC854$255.9K
Johnson & White Wealth Management, LLC853$255.6K
Aptus Capital Advisors, LLC836$250.5K
Seros Financial, LLC830$248.7K
Belpointe Asset Management LLC818$245.1K
National Asset Management, Inc.814$243.9K
Baker Avenue Asset Management, LP813$243.6K
Investment House LLC810$242.7K
Dynasty Wealth Management, LLC808$242.1K
GenTrust, LLC806$241.5K
Envestnet Portfolio Solutions, Inc.801$240.0K
Fountainhead AM, LLC798$239.1K
Fi3 FINANCIAL ADVISORS, LLC790$236.7K
Checchi Capital Advisers, LLC782$234.3K
Fortis Capital Management LLC779$233.4K
Equity Wealth Partners, LLC774$231.9K
Resources Investment Advisors, LLC.771$231.1K
Riversedge Advisors, LLC750$224.7K
Adams Wealth Management753$221.9K
CacheTech Inc.753$221.9K

Not filed for Q4 2025 yet (19)

Institutions that held Zscaler, Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding ZS in Q3 2025 that haven't filed for Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
AXA Investment Managers S.A.143,114$42.9M
Pinebridge Investments, L.P.110,961$33.3M
Thematics Asset Management94,104$28.2M
Clare Market Investments LLC34,528$10.3M
EFG Asset Management (North America) Corp.11,527$3.46M
CIBC Bancorp USA Inc.9,330$2.80M
EFG Asset Management (Americas) Corp.9,132$2.74M
Value Star Asset Management (Hong Kong) Ltd5,000$1.50M
Shell Asset Management Co2,640$791.0K
Wolverine Trading, LLC2,368$703.1K
Glenmede Investment Management, LP2,068$619.7K
Full Sail Capital, LLC1,796$538.2K
Sonora Investment Management Group, LLC1,549$464.2K
Apexium Financial, LP1,000$299.7K
Gries Financial LLC788$236.1K
Eisler Capital Management Ltd.246$73.1K
Binnacle Investments Inc85$25.5K
Hemington Wealth Management54$16.0K
Guerra Advisors Inc9$2.70K