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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
Mount Lucas Management LP848$190.7K0.08%−15−1.7%Reduced
Groesbeck Investment Management Corp862$194.0K0.37%00.0%Unchanged
Ronald Blue Trust, Inc.884$198.8K0.00%−339−27.7%Reduced
Signature Wealth Management Partners, LLC900$202.4K0.10%00.0%Unchanged
Chesapeake Capital Corp901$202.7K0.17%−562−38.4%Reduced
Coastal Bridge Advisors, LLC904$203.3K0.02%−122−11.9%Reduced
Impact Investors, Inc912$205.0K0.14%−154−14.4%Reduced
Westerkirk Capital Inc.916$206.0K0.02%−1,064−53.7%Reduced
Tritonpoint Wealth, LLC925$207.9K0.02%+925New
Legato Capital Management LLC925$208.1K0.02%+925New
Ci Investments Inc.934$210.1K0.00%−32−3.3%Reduced
STF Management LP942$211.9K0.20%−1,255−57.1%Reduced
Atria Investments LLC949$213.4K0.00%+70+8.0%Added
Transcend Wealth Collective, LLC953$214.3K0.02%−535−36.0%Reduced
Menard Financial Group LLC954$214.6K0.15%00.0%Unchanged
Evoke Wealth, LLC955$214.8K0.00%−762−44.4%Reduced
Kohmann Bosshard Financial Services, LLC959$215.7K0.02%−555−36.7%Reduced
Fort Point Capital Partners LLC1,025$215.8K0.03%−15−1.4%Reduced
Poinciana Advisors Group, LLC962$216.4K0.17%−208−17.8%Reduced
Gsa Capital Partners LLP969$218.0K0.02%+969New
Kaufman Rossin Wealth, LLC970$218.1K0.11%−63−6.1%Reduced
Clearstead Advisors, LLC971$218.4K0.00%−1,713−63.8%Reduced
Bearing Point Capital, LLC973$218.8K0.03%−555−36.3%Reduced
Cigna Investments Inc973$219.0K0.03%00.0%Unchanged
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management976$219.5K0.00%+976New
Northwest Wealth Management, LLC980$220.4K0.03%−69−6.6%Reduced
Alpha Family Trust980$220.4K0.10%00.0%Unchanged
Savant Capital, LLC981$220.6K0.00%+177+22.0%Added
Moneta Group Investment Advisors LLC990$222.7K0.00%+136+15.9%Added
Clear Harbor Asset Management, LLC992$223.1K0.02%+992New
Net Worth Advisory Group994$223.6K0.05%−24−2.4%Reduced
New York Life Investment Management LLC998$224.5K0.00%−139−12.2%Reduced
Assetmark, Inc998$224.5K0.00%+154+18.2%Added
Logan Capital Management Inc1,000$224.9K0.01%00.0%Unchanged
Black Swift Group, LLC1,000$224.9K0.04%00.0%Unchanged
Axxcess Wealth Management, LLC1,000$224.9K0.00%00.0%Unchanged
Dempze Nancy E1,000$224.9K0.12%+1,000New
Berkeley Capital Partners, LLC–$224.9K0.05%–New
Huntington National Bank1,001$225.1K0.00%+2+0.2%Added
Intellectus Partners, LLC1,011$227.3K0.04%00.0%Unchanged
Fortress Private Ledger, LLC1,011$227.4K0.07%+100+11.0%Added
Ellevest, Inc.1,015$228.3K0.03%−30−2.9%Reduced
Edgestream Partners, L.P.1,017$228.7K0.01%−19,144−95.0%Reduced
Prelude Capital Management, LLC1,017$228.7K0.02%−1,235−54.8%Reduced
Blair William & Co1,024$230.3K0.00%−1,441−58.5%Reduced
Waddell & Associates, LLC1,032$232.1K0.02%−519−33.5%Reduced
DRW Securities, LLC1,038$233.5K0.02%+1,038New
Steel Peak Wealth Management LLC1,039$233.7K0.01%−83−7.4%Reduced
waypoint wealth counsel1,041$234.1K0.09%−1,133−52.1%Reduced
Caerus Investment Advisors, LLC1,048$235.7K0.08%−2,239−68.1%Reduced
LeConte Wealth Management, LLC1,048$235.7K0.15%−372−26.2%Reduced
Ausdal Financial Partners, Inc.1,049$236.0K0.01%−945−47.4%Reduced
Indivisible Partners1,057$237.7K0.03%+1,057New
Quadrant Capital Group LLC1,058$238.0K0.01%00.0%Unchanged
Sentinus, LLC1,059$238.2K0.02%+1,059New
Alchemi Wealth, LLC1,075$241.8K0.13%+1,075New
Aft, Forsyth & Company, Inc.1,080$242.9K0.10%00.0%Unchanged
Crossmark Global Holdings, Inc.1,084$243.8K0.00%+108+11.1%Added
Plato Investment Management Ltd1,080$244.1K0.02%00.0%Unchanged
Chicago Partners Investment Group LLC1,180$247.4K0.01%−2,097−64.0%Reduced
Sherbrooke Park Advisers LLC1,106$248.8K0.64%+1,106New
Fifth Third Bancorp1,118$251.5K0.00%+96+9.4%Added
Quintet Private Bank (Europe) S.A.1,120$251.9K0.01%00.0%Unchanged
Avestar Capital, LLC1,122$252.4K0.02%+17+1.5%Added
Kazazian Asset Management, LLC1,132$254.6K0.27%00.0%Unchanged
Archford Capital Strategies, LLC1,149$258.4K0.03%−5−0.4%Reduced
Forum Financial Management, LP1,150$258.7K0.00%−18−1.5%Reduced
HighPoint Advisor Group LLC1,152$259.1K0.01%+74+6.9%Added
Larson Financial Group LLC1,156$260.0K0.01%−884−43.3%Reduced
Liberty Square Wealth Partners LLC1,160$260.9K0.07%00.0%Unchanged
Wealth Dimensions Group, Ltd.1,162$261.4K0.05%00.0%Unchanged
Loomis Sayles & Co L P1,190$267.7K0.00%+1,190New
K.J. Harrison & Partners Inc1,200$269.9K0.04%+1,200New
Buckland Partners Management Co LLC1,200$269.9K0.15%+1,200New
Venturi Wealth Management, LLC1,204$270.8K0.01%−399−24.9%Reduced
Pensionmark Financial Group, LLC1,213$272.7K0.00%−87−6.7%Reduced
Yousif Capital Management, LLC1,326$273.6K0.00%+48+3.8%Added
Evergreen Capital Management LLC1,220$274.4K0.01%+1+0.1%Added
Knightsbridge Asset Management, LLC1,241$279.1K0.04%+1,241New
Sym Financial Corp1,244$279.8K0.03%−132−9.6%Reduced
Signaturefd, LLC1,247$280.5K0.00%+78+6.7%Added
Triumph Capital Management1,248$280.7K0.06%+482+62.9%Added
Azimuth Capital Investment Management LLC1,250$281.1K0.01%+200+19.0%Added
LGT Fund Management Co Ltd.1,250$284.3K0.02%−330−20.9%Reduced
Secure Asset Management, LLC1,271$285.9K0.05%−1,165−47.8%Reduced
Prime Capital Investment Advisors, LLC1,280$287.9K0.00%−220−14.7%Reduced
PCM Encore, LLC1,286$289.3K0.06%+1,286New
MLP3, LLC1,290$290.1K0.32%+1,290New
Empower Advisory Group, LLC1,300$292.4K0.00%−309−19.2%Reduced
Medallion Wealth Advisors, LLC1,302$292.8K0.10%+282+27.6%Added
Perigon Wealth Management, LLC1,306$293.7K0.01%−495−27.5%Reduced
MOR Wealth Management, LLC1,308$294.2K0.13%+1,308New
Prentice Wealth Management LLC1,310$294.6K0.07%+32+2.5%Added
Jupiter Wealth Management LLC1,750$299.1K0.13%00.0%Unchanged
Avalon Trust Co1,340$301.4K0.02%+140+11.7%Added
Stephens Inc1,351$303.9K0.00%−10,985−89.0%Reduced
Norden Group LLC1,353$304.3K0.03%−53−3.8%Reduced
Thrivent Financial for Lutherans1,357$305.0K0.00%−1,707−55.7%Reduced
Eastern Bank1,367$307.5K0.01%+22+1.6%Added
Inceptionr LLC1,368$307.7K0.09%+1,368New