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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, 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.

Institutional holdersQ4 2025: 891 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 heldQ4 2025: $20.0B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Zscaler, Inc.; share changes are against Q3 2025.

Institutions holding ZS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Quadrature Capital Ltd0$00.00%−15,161−100.0%Sold out
Munro Partners0$00.00%−14,075−100.0%Sold out
Prevail Innovative Wealth Advisors, LLC0$00.00%−14,046−100.0%Sold out
Goldstream Capital Management Ltd0$00.00%−12,450−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−11,181−100.0%Sold out
TriaGen Wealth Management LLC0$00.00%−10,115−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−8,600−100.0%Sold out
Natixis0$00.00%−6,841−100.0%Sold out
Brighton Jones LLC0$00.00%−6,385−100.0%Sold out
Sandler Capital Management0$00.00%−6,061−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−5,766−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−5,497−100.0%Sold out
Concurrent Investment Advisors, LLC0$00.00%−5,143−100.0%Sold out
Baader Bank INC0$00.00%−5,100−100.0%Sold out
Stance Capital LLC0$00.00%−4,745−100.0%Sold out
VestGen Advisors, LLC0$00.00%−4,559−100.0%Sold out
Delta Global Management LP0$00.00%−4,358−100.0%Sold out
Riverbridge Partners LLC0$00.00%−4,148−100.0%Sold out
Virtue Capital Management, LLC0$00.00%−4,137−100.0%Sold out
Magnetar Financial LLC0$00.00%−4,089−100.0%Sold out
Whalen Wealth Management Inc.0$00.00%−4,067−100.0%Sold out
FORA Capital, LLC0$00.00%−3,740−100.0%Sold out
GTS Securities LLC0$00.00%−3,518−100.0%Sold out
Sig Brokerage, LP0$00.00%−2,988−100.0%Sold out
APG Asset Management US Inc.0$00.00%−2,721−100.0%Sold out
Parisi Gray Wealth Management0$00.00%−2,679−100.0%Sold out
Hollencrest Capital Management0$00.00%−2,499−100.0%Sold out
Jackson Thornton Asset Management, LLC0$00.00%−2,340−100.0%Sold out
Vinva Investment Management Ltd0$00.00%−11,347−100.0%Sold out
Qtron Investments LLC0$00.00%−2,259−100.0%Sold out
Great Valley Advisor Group, Inc.0$00.00%−2,206−100.0%Sold out
Keywise Capital Management (HK) Ltd0$00.00%−2,200−100.0%Sold out
NorthRock Partners, LLC0$00.00%−2,158−100.0%Sold out
Vestmark Advisory Solutions, Inc.0$00.00%−1,928−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−1,928−100.0%Sold out
Requisite Capital Management, LLC0$00.00%−1,751−100.0%Sold out
Financiere des Professionnels - Fonds d,investissement inc.0$00.00%−1,695−100.0%Sold out
Armis Advisers, LLC0$00.00%−1,478−100.0%Sold out
Bank of Hawaii0$00.00%−1,622−100.0%Sold out
QTR Family Wealth, LLC0$00.00%−1,597−100.0%Sold out
Kera Capital Partners, Inc.0$00.00%−1,596−100.0%Sold out
AE Wealth Management LLC0$00.00%−1,529−100.0%Sold out
Keystone Investors Pte Ltd0$00.00%−1,486−100.0%Sold out
Asahi Life Asset Management Co., Ltd.0$00.00%−1,451−100.0%Sold out
Cynosure Management, LLC0$00.00%−1,450−100.0%Sold out
Warren Averett Asset Management, LLC0$00.00%−1,343−100.0%Sold out
Ariadne Wealth Management, LP0$00.00%−1,249−100.0%Sold out
Tradewinds, LLC.0$00.00%−1,248−100.0%Sold out
Teamwork Financial Advisors, LLC0$00.00%−1,236−100.0%Sold out
McAdam, LLC0$00.00%−1,178−100.0%Sold out
Alpine Global Management, LLC0$00.00%−1,174−100.0%Sold out
Arete Wealth Advisors, LLC0$00.00%−1,132−100.0%Sold out
Catalytic Wealth RIA, LLC0$00.00%−1,057−100.0%Sold out
Moran Wealth Management, LLC0$00.00%−1,027−100.0%Sold out
Prostatis Group LLC0$00.00%−1,000−100.0%Sold out
McGlone Suttner Wealth Management, Inc.0$00.00%−1,000−100.0%Sold out
Savvy Advisors, Inc.0$00.00%−990−100.0%Sold out
IHT Wealth Management, LLC0$00.00%−988−100.0%Sold out
Lazard Asset Management LLC0$00.00%−986−100.0%Sold out
Park Avenue Securities LLC0$00.00%−974−100.0%Sold out
Tactive Advisors, LLC0$00.00%−965−100.0%Sold out
Sivia Capital Partners, LLC0$00.00%−961−100.0%Sold out
Harel Insurance Investments & Financial Services Ltd.0$00.00%−947−100.0%Sold out
Brookstone Capital Management0$00.00%−936−100.0%Sold out
Investment Research Partners LLC0$00.00%−868−100.0%Sold out
Enclave Advisors LLC0$00.00%−929−100.0%Sold out
Redwood Financial Network Corp0$00.00%−893−100.0%Sold out
Advisor OS, LLC0$00.00%−879−100.0%Sold out
One Wealth Advisors, LLC0$00.00%−878−100.0%Sold out
Balboa Wealth Partners0$00.00%−870−100.0%Sold out
Awm Capital, LLC0$00.00%−863−100.0%Sold out
Jackson Square Capital, LLC0$00.00%−854−100.0%Sold out
Johnson & White Wealth Management, LLC0$00.00%−853−100.0%Sold out
Aptus Capital Advisors, LLC0$00.00%−836−100.0%Sold out
Seros Financial, LLC0$00.00%−830−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−818−100.0%Sold out
National Asset Management, Inc.0$00.00%−814−100.0%Sold out
Baker Avenue Asset Management, LP0$00.00%−813−100.0%Sold out
Investment House LLC0$00.00%−810−100.0%Sold out
Dynasty Wealth Management, LLC0$00.00%−808−100.0%Sold out
GenTrust, LLC0$00.00%−806−100.0%Sold out
Envestnet Portfolio Solutions, Inc.0$00.00%−801−100.0%Sold out
Fountainhead AM, LLC0$00.00%−798−100.0%Sold out
Fi3 FINANCIAL ADVISORS, LLC0$00.00%−790−100.0%Sold out
Checchi Capital Advisers, LLC0$00.00%−782−100.0%Sold out
Fortis Capital Management LLC0$00.00%−779−100.0%Sold out
Equity Wealth Partners, LLC0$00.00%−774−100.0%Sold out
Resources Investment Advisors, LLC.0$00.00%−771−100.0%Sold out
Riversedge Advisors, LLC0$00.00%−750−100.0%Sold out
Adams Wealth Management0$00.00%−753−100.0%Sold out
CacheTech Inc.0$00.00%−753−100.0%Sold out
Schwab Charitable Fund0$00.00%−740−100.0%Sold out
PharVision Advisers, LLC0$00.00%−740−100.0%Sold out
Moors & Cabot, Inc.0$00.00%−734−100.0%Sold out
Canvas Wealth Advisors, LLC0$00.00%−720−100.0%Sold out
RFG Advisory, LLC0$00.00%−715−100.0%Sold out
E&G Advisors, LP0$00.00%−710−100.0%Sold out
Bridges Investment Management Inc0$00.00%−707−100.0%Sold out
Hutchens & Kramer Investment Management Group, LLC0$00.00%−702−100.0%Sold out
West Tower Group, LLC0$00.00%−700−100.0%Sold out