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.
| 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 |
|---|---|---|---|---|---|
| Shelton Wealth Management, LLC | 5,776 | $1.30M | 0.57% | +385+7.1% | Added |
| SBI Securities Co., Ltd. | 5,956 | $1.34M | 0.03% | −658−9.9% | Reduced |
| Ironwood Investment Management LLC | 5,962 | $1.34M | 0.56% | −11−0.2% | Reduced |
| Wedbush Securities Inc | 5,988 | $1.35M | 0.04% | +859+16.7% | Added |
| Abn Amro Investment Solutions | 6,105 | $1.37M | 0.02% | +4,459+270.9% | Added |
| Kentucky Retirement Systems | 6,130 | $1.38M | 0.04% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 6,156 | $1.38M | 0.04% | −1,516−19.8% | Reduced |
| Polianta Ltd | 6,200 | $1.39M | 0.18% | +6,200 | New |
| Geneos Wealth Management Inc. | 6,218 | $1.40M | 0.03% | −415−6.3% | Reduced |
| Evolutionary Tree Capital Management, LLC | 6,287 | $1.41M | 1.64% | −593−8.6% | Reduced |
| Summit Trail Advisors, LLC | 6,336 | $1.43M | 0.02% | −2,163−25.5% | Reduced |
| Walleye Capital LLC | 6,346 | $1.43M | 0.01% | +6,315+20,371.0% | Added |
| O'Shaughnessy Asset Management, LLC | 6,418 | $1.44M | 0.01% | −1,570−19.7% | Reduced |
| MetLife Investment Management | 6,452 | $1.45M | 0.01% | +201+3.2% | Added |
| Avanza Fonder AB | 6,481 | $1.46M | 0.04% | 00.0% | Unchanged |
| Prosperity Financial Group, Inc. | 6,484 | $1.46M | 0.53% | −30.0% | Reduced |
| Mission Wealth Management, LP | 6,517 | $1.47M | 0.03% | +252+4.0% | Added |
| Leelyn Smith, LLC | 6,695 | $1.51M | 0.22% | +329+5.2% | Added |
| China Universal Asset Management Co., Ltd. | 6,713 | $1.51M | 0.12% | +30.0% | Added |
| Kovitz Investment Group Partners, LLC | 6,785 | $1.53M | 0.03% | +5,840+618.0% | Added |
| Global Retirement Partners, LLC | 6,840 | $1.54M | 0.03% | −135−1.9% | Reduced |
| Generali Asset Management SPA SGR | 6,865 | $1.54M | 0.03% | +6,865 | New |
| Baldwin Investment Management, LLC | 6,887 | $1.55M | 0.17% | +1,279+22.8% | Added |
| Cache Advisors, LLC | 7,144 | $1.61M | 0.20% | 00.0% | Unchanged |
| Havemeyer Place LP | 7,185 | $1.62M | 0.32% | +7,185 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 7,305 | $1.64M | 0.01% | +1,476+25.3% | Added |
| The PNC Financial Services Group, Inc. | 7,411 | $1.67M | 0.00% | +237+3.3% | Added |
| Bouvel Investment Partners, LLC | 7,525 | $1.69M | 0.49% | +106+1.4% | Added |
| Norway Savings Bank | 7,533 | $1.69M | 0.78% | +1,023+15.7% | Added |
| Inspirion Wealth Advisors, LLC | 7,619 | $1.71M | 0.21% | −1,460−16.1% | Reduced |
| MAI Capital Management | 7,680 | $1.73M | 0.01% | +51+0.7% | Added |
| Equitable Holdings, Inc. | 7,706 | $1.73M | 0.01% | −596−7.2% | Reduced |
| Truist Financial Corp | 7,710 | $1.73M | 0.00% | +188+2.5% | Added |
| 180 Wealth Advisors, LLC | 7,753 | $1.74M | 0.20% | −144−1.8% | Reduced |
| Benjamin Edwards Inc | 7,904 | $1.78M | 0.02% | +5,617+245.6% | Added |
| Warm Springs Advisors Inc. | 7,936 | $1.78M | 1.38% | 00.0% | Unchanged |
| SLT Holdings LLC | 7,974 | $1.79M | 1.20% | +675+9.2% | Added |
| Manufacturers Life Insurance Company, The | 8,093 | $1.82M | 0.00% | +771+10.5% | Added |
| Tower Research Capital LLC (TRC) | 8,113 | $1.82M | 0.04% | +6,222+329.0% | Added |
| Allstate Corp | 8,119 | $1.83M | 0.02% | +4,319+113.7% | Added |
| CIBC World Markets Inc. | 8,154 | $1.83M | 0.00% | +3,366+70.3% | Added |
| Strategic Advisors LLC | 8,250 | $1.86M | 0.29% | −20.0% | Reduced |
| Malaga Cove Capital, LLC | 8,337 | $1.88M | 0.65% | +266+3.3% | Added |
| Brandywine Managers, LLC | 8,359 | $1.88M | 0.93% | 00.0% | Unchanged |
| Quantitative Investment Management, LLC | 8,371 | $1.88M | 0.18% | +8,371 | New |
| Atlantic Union Bankshares Corp | 8,440 | $1.90M | 0.04% | −8−0.1% | Reduced |
| Migdal Insurance & Financial Holdings Ltd. | 8,490 | $1.91M | 0.02% | −127−1.5% | Reduced |
| Kestra Private Wealth Services, LLC | 8,615 | $1.94M | 0.02% | +939+12.2% | Added |
| Alaethes Wealth LLC | 8,617 | $1.94M | 0.55% | −118−1.4% | Reduced |
| Graham Capital Management, L.P. | 8,641 | $1.94M | 0.07% | +6,045+232.9% | Added |
| Knollwood Investment Advisory, LLC | 8,650 | $1.95M | 0.18% | 00.0% | Unchanged |
| Amalgamated Bank | 8,732 | $1.96M | 0.01% | +755+9.5% | Added |
| Landscape Capital Management, L.L.C. | 8,799 | $1.98M | 0.13% | +8,799 | New |
| Pathstone Holdings, LLC | 8,806 | $1.98M | 0.01% | +635+7.8% | Added |
| Pallas Capital Advisors LLC | 8,834 | $1.99M | 0.07% | −893−9.2% | Reduced |
| Commerce Bank | 8,867 | $1.99M | 0.01% | +7,346+483.0% | Added |
| Edmond de Rothschild Holding S.A. | 8,873 | $2.00M | 0.03% | −353−3.8% | Reduced |
| Federation des caisses Desjardins du Quebec | 8,910 | $2.00M | 0.01% | −424−4.5% | Reduced |
| Voleon Capital Management LP | 8,912 | $2.00M | 0.04% | −3,729−29.5% | Reduced |
| Sterling Capital Management LLC | 8,935 | $2.01M | 0.03% | +8,787+5,937.2% | Added |
| Foundations Investment Advisors, LLC | 9,057 | $2.04M | 0.03% | +1,226+15.7% | Added |
| Merit Financial Group, LLC | 9,090 | $2.04M | 0.02% | −208−2.2% | Reduced |
| Sepio Capital, LP | 9,140 | $2.06M | 0.11% | +215+2.4% | Added |
| Linden Thomas Advisory Services, LLC | 9,148 | $2.06M | 0.21% | +334+3.8% | Added |
| Public Employees Retirement Association of Colorado | 9,320 | $2.10M | 0.01% | 00.0% | Unchanged |
| Ethic Inc. | 9,588 | $2.16M | 0.03% | +400+4.4% | Added |
| BDF-Gestion | 9,700 | $2.18M | 0.27% | −647−6.3% | Reduced |
| Inspire Advisors, LLC | 9,899 | $2.23M | 0.20% | +9,899 | New |
| Salem Investment Counselors Inc | 9,919 | $2.23M | 0.06% | −168−1.7% | Reduced |
| Broderick Brian C | 10,000 | $2.25M | 0.43% | 00.0% | Unchanged |
| PDT Partners, LLC | 10,069 | $2.26M | 0.15% | −12,765−55.9% | Reduced |
| BNP Paribas | 9,995 | $2.27M | 0.06% | +2,830+39.5% | Added |
| Virtu Financial LLC | 10,250 | $2.31M | 0.09% | +10,250 | New |
| Van Eck Associates Corp | 10,250 | $2.31M | 0.00% | +10,250 | New |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 10,383 | $2.34M | 0.02% | 00.0% | Unchanged |
| Prudential PLC | 10,448 | $2.35M | 0.02% | +880+9.2% | Added |
| Krilogy Financial LLC | 11,015 | $2.36M | 0.08% | −4,272−27.9% | Reduced |
| Mercer Global Advisors Inc | 10,577 | $2.38M | 0.00% | −7,703−42.1% | Reduced |
| Simmons Bank | 10,628 | $2.39M | 0.16% | −260−2.4% | Reduced |
| Captrust Financial Advisors | 10,662 | $2.40M | 0.00% | −3,397−24.2% | Reduced |
| Louisiana State Employees Retirement System | 10,700 | $2.41M | 0.04% | −700−6.1% | Reduced |
| Wealthfront Advisers LLC | 10,734 | $2.41M | 0.01% | +2,437+29.4% | Added |
| Brevan Howard Capital Management LP | 10,775 | $2.42M | 0.05% | +986+10.1% | Added |
| Sterling Investment Advisors, Ltd. | 11,030 | $2.48M | 0.46% | −215−1.9% | Reduced |
| Walleye Trading LLC | 11,042 | $2.48M | 0.04% | +11,042 | New |
| Emissary Wealth LLC | 11,089 | $2.49M | 2.10% | +11,089 | New |
| Winton Group Ltd | 11,158 | $2.51M | 0.09% | +7,558+209.9% | Added |
| CIBC World Markets Corp | 11,317 | $2.55M | 0.01% | +11,317 | New |
| Independent Solutions Wealth Management, LLC | 11,388 | $2.56M | 0.47% | −790−6.5% | Reduced |
| FirstWave Capital Management LLC | 11,563 | $2.60M | 1.54% | +11,563 | New |
| Bank Hapoalim BM | 11,705 | $2.63M | 0.23% | −435−3.6% | Reduced |
| Thoroughbred Financial Services, LLC | 11,908 | $2.68M | 0.16% | −1,574−11.7% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 11,896 | $2.69M | 0.01% | −995−7.7% | Reduced |
| Tredje AP-fonden | 11,981 | $2.69M | 0.02% | −287−2.3% | Reduced |
| Siren, L.L.C. | 12,000 | $2.70M | 0.08% | +12,000 | New |
| Janney Montgomery Scott LLC | 12,129 | $2.73M | 0.01% | +155+1.3% | Added |
| Westpac Banking Corp | 12,137 | $2.73M | 0.17% | +2,151+21.5% | Added |
| Essex Investment Management Co LLC | 12,238 | $2.75M | 0.42% | −196−1.6% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 12,280 | $2.76M | 0.10% | −1,035−7.8% | Reduced |
| Main Management ETF Advisors, LLC | 12,527 | $2.82M | 0.10% | +128+1.0% | Added |