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 |
|---|---|---|---|---|---|
| Profund Advisors LLC | 12,559 | $2.82M | 0.09% | +1,303+11.6% | Added |
| Alps Advisors Inc | 12,598 | $2.83M | 0.02% | +760+6.4% | Added |
| Simplex Trading, LLC | 12,660 | $2.85M | 0.08% | +3,348+36.0% | Added |
| Toroso Investments, LLC | 12,706 | $2.86M | 0.01% | +2,627+26.1% | Added |
| Hudson Bay Capital Management LP | 12,757 | $2.87M | 0.02% | +12,757 | New |
| JustInvest LLC | 12,770 | $2.87M | 0.03% | −186−1.4% | Reduced |
| ASR Vermogensbeheer N.V. | 12,982 | $2.92M | 0.03% | +6,806+110.2% | Added |
| Oxbow Advisors, LLC | 13,068 | $2.94M | 0.26% | +13,068 | New |
| Rakuten Investment Management, Inc. | 12,967 | $2.96M | 0.01% | −28,055−68.4% | Reduced |
| MIG Capital, LLC | 13,241 | $2.98M | 0.51% | 00.0% | Unchanged |
| Red Spruce Capital, LLC | 13,271 | $2.98M | 1.19% | −180−1.3% | Reduced |
| Rockefeller Capital Management L.P. | 13,344 | $3.00M | 0.01% | +708+5.6% | Added |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 13,511 | $3.04M | 0.11% | +13,511 | New |
| Kestra Advisory Services, LLC | 13,570 | $3.05M | 0.01% | −871−6.0% | Reduced |
| Y.D. More Investments Ltd | 13,660 | $3.07M | 0.15% | −509−3.6% | Reduced |
| First Washington CORP | 13,724 | $3.09M | 0.80% | −475−3.3% | Reduced |
| MML Investors Services, LLC | 13,878 | $3.12M | 0.01% | −4,286−23.6% | Reduced |
| Dark Forest Capital Management LP | 13,916 | $3.13M | 0.14% | +12,258+739.3% | Added |
| Private Advisor Group, LLC | 14,004 | $3.15M | 0.01% | −12,720−47.6% | Reduced |
| Valicenti Advisory Services Inc | 14,378 | $3.23M | 0.68% | +1,177+8.9% | Added |
| Motley Fool Asset Management LLC | 14,933 | $3.36M | 0.13% | +4,013+36.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 15,143 | $3.41M | 0.03% | −596−3.8% | Reduced |
| Spear Advisors LLC | 15,382 | $3.46M | 2.42% | +15,382 | New |
| Qsemble Capital Management, LP | 15,773 | $3.55M | 0.29% | +8,099+105.5% | Added |
| Andra AP-fonden | 15,864 | $3.57M | 0.04% | −8,105−33.8% | Reduced |
| Grandeur Peak Global Advisors, LLC | 15,915 | $3.58M | 0.48% | +174+1.1% | Added |
| Advisory Services Network, LLC | 16,077 | $3.62M | 0.05% | −9,143−36.3% | Reduced |
| Utah Retirement Systems | 16,251 | $3.66M | 0.03% | +138+0.9% | Added |
| Investment Management Corp of Ontario | 16,520 | $3.72M | 0.05% | −11,081−40.1% | Reduced |
| Scotia Capital Inc. | 16,657 | $3.74M | 0.02% | +30+0.2% | Added |
| Banque Cantonale Vaudoise | 16,705 | $3.76M | 0.13% | −7,634−31.4% | Reduced |
| Mitchell Capital Management Co | 17,296 | $3.89M | 0.70% | −1,092−5.9% | Reduced |
| USS Investment Management Ltd | 18,134 | $4.08M | 0.02% | +39+0.2% | Added |
| Shelton Capital Management | 18,184 | $4.09M | 0.08% | +832+4.8% | Added |
| British Columbia Investment Management Corp | 18,225 | $4.10M | 0.02% | +3,681+25.3% | Added |
| Oak Associates, Ltd | 18,288 | $4.11M | 0.25% | 00.0% | Unchanged |
| Parallax Volatility Advisers, L.P. | 18,301 | $4.12M | 0.13% | −60,751−76.8% | Reduced |
| Swiss Life Asset Management Ltd | 18,545 | $4.17M | 0.02% | +733+4.1% | Added |
| Macquarie Group Ltd | 18,660 | $4.20M | 0.02% | −109,832−85.5% | Reduced |
| Sanctuary Advisors, LLC | 18,940 | $4.26M | 0.02% | +1,292+7.3% | Added |
| Independent Financial Group, LLC | 19,115 | $4.30M | 0.10% | +383+2.0% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 19,140 | $4.30M | 0.04% | +19,140 | New |
| Toronto Dominion Bank | 19,178 | $4.31M | 0.01% | −2,479−11.4% | Reduced |
| iA Global Asset Management Inc. | 19,828 | $4.46M | 0.06% | +1,796+10.0% | Added |
| Jones Financial Companies LLLP | 19,956 | $4.49M | 0.00% | +2,911+17.1% | Added |
| Azzad Asset Management Inc | 19,990 | $4.50M | 0.44% | +1,505+8.1% | Added |
| Proem Advisors LLC | 20,000 | $4.50M | 1.52% | +20,000 | New |
| Oversea-Chinese Banking CORP Ltd | 20,002 | $4.50M | 0.12% | +20,002 | New |
| Leonteq Securities AG | 20,323 | $4.57M | 0.24% | +11,086+120.0% | Added |
| Beacon Pointe Advisors, LLC | 20,371 | $4.58M | 0.03% | −260−1.3% | Reduced |
| STRS Ohio | 20,393 | $4.59M | 0.02% | +18,058+773.4% | Added |
| Cambridge Investment Research Advisors, Inc. | 20,494 | $4.61M | 0.01% | −1,560−7.1% | Reduced |
| DnB Asset Management AS | 20,638 | $4.64M | 0.02% | −12,581−37.9% | Reduced |
| Swedbank AB | 20,706 | $4.66M | 0.00% | +9,966+92.8% | Added |
| Howe & Rusling Inc | 21,043 | $4.73M | 0.31% | −2,209−9.5% | Reduced |
| NLB Skladi, upravljanje premozenja, d.o.o. | 21,193 | $4.77M | 0.22% | +21,193 | New |
| Davy Global Fund Management Ltd | 21,194 | $4.77M | 0.33% | +3,007+16.5% | Added |
| Xponance, Inc. | 21,285 | $4.79M | 0.04% | +1,002+4.9% | Added |
| US Bancorp | 21,447 | $4.82M | 0.01% | −127−0.6% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 21,660 | $4.87M | 0.04% | +1,700+8.5% | Added |
| Kornitzer Capital Management Inc | 21,675 | $4.88M | 0.10% | −425−1.9% | Reduced |
| Weatherly Asset Management L. P. | 21,930 | $4.93M | 0.38% | +2,110+10.6% | Added |
| B. Metzler seel. Sohn & Co. AG | 22,030 | $4.96M | 0.04% | −996−4.3% | Reduced |
| IFM Investors Pty Ltd | 22,048 | $4.96M | 0.04% | +254+1.2% | Added |
| LMCG Investments, LLC | 22,101 | $4.97M | 0.28% | +1,252+6.0% | Added |
| Navis Wealth Advisors, LLC | 22,184 | $4.99M | 2.11% | 00.0% | Unchanged |
| Campbell & CO Investment Adviser LLC | 22,643 | $5.09M | 0.24% | +15,189+203.8% | Added |
| Munich Reinsurance Co Stock Corp in Munich | 23,627 | $5.37M | 0.13% | +16,801+246.1% | Added |
| Princeton Capital Management LLC | 24,155 | $5.43M | 1.40% | +465+2.0% | Added |
| Brown Advisory Inc | 24,402 | $5.49M | 0.01% | +19,458+393.6% | Added |
| Oak Ridge Investments LLC | 24,678 | $5.55M | 0.34% | +2,325+10.4% | Added |
| Daiwa Securities Group Inc. | 24,747 | $5.57M | 0.02% | +2,399+10.7% | Added |
| Scalar Gauge Management, LLC | 25,000 | $5.62M | 3.73% | +25,000 | New |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 25,460 | $5.73M | 0.05% | −160−0.6% | Reduced |
| OP Asset Management Ltd | 26,857 | $6.04M | 0.07% | +11,612+76.2% | Added |
| Optiver Holding B.V. | 28,039 | $6.31M | 0.11% | +26,761+2,094.0% | Added |
| Arizona State Retirement System | 28,354 | $6.38M | 0.03% | −1,611−5.4% | Reduced |
| Lido Advisors, LLC | 27,311 | $6.59M | 0.03% | +21,138+342.4% | Added |
| CWM, LLC | 29,497 | $6.63M | 0.02% | −26,649−47.5% | Reduced |
| Bank of Nova Scotia | 29,795 | $6.70M | 0.01% | +25,879+660.9% | Added |
| Polar Asset Management Partners Inc. | 30,000 | $6.75M | 0.13% | +30,000 | New |
| Envestnet Asset Management Inc | 30,645 | $6.89M | 0.00% | +1,227+4.2% | Added |
| CI Private Wealth, LLC | 31,272 | $7.03M | 0.01% | −410−1.3% | Reduced |
| Resona Asset Management Co.,Ltd. | 31,434 | $7.09M | 0.03% | −259−0.8% | Reduced |
| EFG International AG | 32,019 | $7.20M | 0.14% | +32,019 | New |
| Alberta Investment Management Corp | 32,800 | $7.38M | 0.04% | +32,800 | New |
| Quantinno Capital Management LP | 32,848 | $7.39M | 0.01% | +32,848 | New |
| Baird Financial Group, Inc. | 33,194 | $7.47M | 0.01% | +188+0.6% | Added |
| Wealth Enhancement Advisory Services, LLC | 34,047 | $7.56M | 0.01% | −8,950−20.8% | Reduced |
| GF Fund Management Co. Ltd. | 33,638 | $7.57M | 0.13% | +2,629+8.5% | Added |
| Cetera Investment Advisers | 34,062 | $7.66M | 0.01% | +4,695+16.0% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 34,094 | $7.67M | 0.04% | +301+0.9% | Added |
| United Capital Management of KS, Inc. | 34,313 | $7.72M | 1.08% | +1,289+3.9% | Added |
| Arcadia Investment Management Corp | 34,513 | $7.76M | 1.26% | +897+2.7% | Added |
| Raiffeisen Bank International AG | 34,220 | $7.78M | 0.10% | +4,168+13.9% | Added |
| State of New Jersey Common Pension Fund D | 34,796 | $7.83M | 0.03% | −830−2.3% | Reduced |
| Illinois Municipal Retirement Fund | 35,036 | $7.88M | 0.10% | +4,556+14.9% | Added |
| Quantbot Technologies LP | 35,196 | $7.92M | 0.26% | +25,468+261.8% | Added |
| Shikiar Asset Management Inc | 35,425 | $7.97M | 1.98% | +1,269+3.7% | Added |
| CIBC Asset Management Inc | 35,483 | $7.98M | 0.02% | +3,590+11.3% | Added |