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 |
|---|---|---|---|---|---|
| Nissay Asset Management Corp | 36,079 | $8.11M | 0.04% | +2,759+8.3% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 36,226 | $8.17M | 0.06% | +9,149+33.8% | Added |
| North Star Asset Management Inc | 36,558 | $8.22M | 0.33% | −22−0.1% | Reduced |
| RMB Capital Management, LLC | 36,894 | $8.30M | 0.14% | +1,150+3.2% | Added |
| Empowered Funds, LLC | 37,113 | $8.35M | 0.14% | +10,918+41.7% | Added |
| KLP Kapitalforvaltning AS | 37,740 | $8.49M | 0.03% | +40+0.1% | Added |
| Mn Services Vermogensbeheer B.V. | 38,758 | $8.72M | 0.05% | +1,158+3.1% | Added |
| Alliancebernstein L.P. | 40,543 | $9.12M | 0.00% | −28,013−40.9% | Reduced |
| Advisor Group Holdings, Inc. | 40,651 | $9.14M | 0.01% | −9,006−18.1% | Reduced |
| Jump Financial, LLC | 40,850 | $9.19M | 0.12% | +23,097+130.1% | Added |
| Treasurer of the State of North Carolina | 41,855 | $9.41M | 0.03% | −2,047−4.7% | Reduced |
| Adage Capital Partners GP, L.L.C. | 42,000 | $9.45M | 0.01% | +8,000+23.5% | Added |
| Pinnacle Associates Ltd | 42,088 | $9.47M | 0.12% | +3,041+7.8% | Added |
| M&G Plc | 42,105 | $9.47M | 0.05% | +3,609+9.4% | Added |
| Engineers Gate Manager LP | 43,044 | $9.68M | 0.11% | +3,114+7.8% | Added |
| Zweig-DiMenna Associates LLC | 43,995 | $9.90M | 0.70% | 00.0% | Unchanged |
| Forsta Ap-Fonden | 44,440 | $10.0M | 0.06% | +21,940+97.5% | Added |
| Harvest Fund Management Co., Ltd | 44,183 | $10.1M | 0.38% | +11,910+36.9% | Added |
| HighTower Advisors, LLC | 45,079 | $10.1M | 0.01% | −961−2.1% | Reduced |
| Cooper Creek Partners Management LLC | 45,505 | $10.2M | 0.48% | 00.0% | Unchanged |
| RPG Investment Advisory, LLC | 45,607 | $10.3M | 1.16% | +407+0.9% | Added |
| Handelsbanken Fonder AB | 45,639 | $10.3M | 0.03% | −10,268−18.4% | Reduced |
| National Bank of Canada | 46,601 | $10.5M | 0.01% | +10,901+30.5% | Added |
| Mariner, LLC | 46,656 | $10.5M | 0.01% | +3,231+7.4% | Added |
| Y-Intercept (Hong Kong) Ltd | 46,963 | $10.6M | 0.24% | +33,631+252.3% | Added |
| TD Waterhouse Canada Inc. | 47,196 | $10.6M | 0.07% | +37,664+395.1% | Added |
| Royal London Asset Management Ltd | 48,161 | $10.8M | 0.02% | −1,299−2.6% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 49,084 | $11.0M | 0.03% | +4,451+10.0% | Added |
| KBC Group NV | 49,515 | $11.1M | 0.03% | +1,494+3.1% | Added |
| APG Asset Management N.V. | 58,160 | $11.1M | 0.03% | −602−1.0% | Reduced |
| Public Employees Retirement System of Ohio | 49,648 | $11.2M | 0.03% | −1,220−2.4% | Reduced |
| Mediolanum International Funds Ltd | 49,137 | $11.2M | 0.11% | +3,987+8.8% | Added |
| Millennium Management LLC | 49,717 | $11.2M | 0.01% | −1,358−2.7% | Reduced |
| Storebrand Asset Management AS | 49,851 | $11.2M | 0.03% | +479+1.0% | Added |
| Mackenzie Financial Corp | 50,048 | $11.4M | 0.01% | +11,632+30.3% | Added |
| Woodstock Corp | 50,674 | $11.4M | 0.98% | +650+1.3% | Added |
| Massachusetts Financial Services Co | 51,246 | $11.5M | 0.00% | −58,239−53.2% | Reduced |
| South State Corp. | 51,339 | $11.5M | 0.52% | +1,165+2.3% | Added |
| State of Wisconsin Investment Board | 51,843 | $11.7M | 0.03% | −1,347−2.5% | Reduced |
| Nomura Holdings Inc | 52,307 | $11.8M | 0.03% | +25,275+93.5% | Added |
| Occudo Quantitative Strategies LP | 52,511 | $11.8M | 0.79% | +30,888+142.8% | Added |
| Rafferty Asset Management, LLC | 52,747 | $11.9M | 0.04% | +9,909+23.1% | Added |
| LaFleur & Godfrey LLC | 52,948 | $11.9M | 1.44% | −1,671−3.1% | Reduced |
| New York State Common Retirement Fund | 53,949 | $12.1M | 0.02% | −36,500−40.4% | Reduced |
| Trexquant Investment LP | 54,052 | $12.2M | 0.11% | +39,193+263.8% | Added |
| Danske Bank A/S | 54,859 | $12.3M | 0.03% | +10,588+23.9% | Added |
| Commonwealth Equity Services, LLC | 55,956 | $12.6M | 0.02% | −3,886−6.5% | Reduced |
| Cerity Partners LLC | 58,945 | $13.3M | 0.02% | +5,423+10.1% | Added |
| Verition Fund Management LLC | 60,122 | $13.5M | 0.07% | −34,382−36.4% | Reduced |
| Sequoia Financial Advisors, LLC | 60,480 | $13.6M | 0.08% | +1,853+3.2% | Added |
| NEOS Investment Management LLC | 62,081 | $14.0M | 0.08% | +15,664+33.7% | Added |
| Oddo BHF Asset Management SAS | 62,195 | $14.0M | 0.52% | +34,524+124.8% | Added |
| J. Safra Sarasin Holding AG | 63,627 | $14.3M | 0.23% | +30,952+94.7% | Added |
| Standard Life Aberdeen plc | 64,846 | $14.6M | 0.02% | −60−0.1% | Reduced |
| Guggenheim Capital LLC | 65,606 | $14.8M | 0.11% | +2,746+4.4% | Added |
| HSBC Holdings PLC | 67,161 | $15.2M | 0.01% | −7,155−9.6% | Reduced |
| Korea Investment CORP | 69,272 | $15.6M | 0.03% | −29,098−29.6% | Reduced |
| Frontier Capital Management Co LLC | 69,535 | $15.6M | 0.17% | −116,733−62.7% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 71,811 | $16.2M | 0.01% | +18,753+35.3% | Added |
| Zacks Investment Management | 75,025 | $16.9M | 0.13% | −9,631−11.4% | Reduced |
| Allianz Asset Management GmbH | 75,367 | $17.0M | 0.02% | +5,194+7.4% | Added |
| Rheos Capital Works Inc. | 79,000 | $17.8M | 1.14% | 00.0% | Unchanged |
| Ofi Invest Asset Management | 92,945 | $17.8M | 0.25% | +87,344+1,559.4% | Added |
| SEI Investments Co | 79,613 | $17.9M | 0.02% | −8,618−9.8% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 79,948 | $18.0M | 0.05% | +13,132+19.7% | Added |
| Nordea Investment Management AB | 81,323 | $18.4M | 0.02% | −1,613−1.9% | Reduced |
| Pinebridge Investments LLC | 82,276 | $18.5M | 0.14% | +82,276 | New |
| Wedbush Fund Advisers, LLC | 83,152 | $18.7M | 1.93% | +83,152 | New |
| Acadian Asset Management LLC | 84,664 | $19.0M | 0.03% | +35,329+71.6% | Added |
| Aviva PLC | 84,720 | $19.1M | 0.03% | +4,520+5.6% | Added |
| Jennison Associates LLC | 85,099 | $19.1M | 0.01% | −30,289−26.2% | Reduced |
| Mizuho Markets Americas LLC | 85,193 | $19.2M | 0.41% | −12,680−13.0% | Reduced |
| Vontobel Holding Ltd. | 85,349 | $19.2M | 0.06% | −17,336−16.9% | Reduced |
| Asset Management One Co.,Ltd. | 85,080 | $19.4M | 0.05% | +4,021+5.0% | Added |
| Colony Group, LLC | 71,436 | $19.4M | 0.02% | +2,252+3.3% | Added |
| State Board of Administration of Florida Retirement System | 87,999 | $19.8M | 0.04% | −2,794−3.1% | Reduced |
| Pacer Advisors, Inc. | 90,014 | $20.2M | 0.05% | −106,527−54.2% | Reduced |
| Klingenstein Fields & Co LP | 90,161 | $20.3M | 0.76% | −1,500−1.6% | Reduced |
| Jupiter Asset Management Ltd | 91,210 | $20.5M | 0.16% | +91,210 | New |
| Ieq Capital, LLC | 91,454 | $20.6M | 0.06% | −16,953−15.6% | Reduced |
| Erste Asset Management GmbH | 93,434 | $21.3M | 0.18% | +78,889+542.4% | Added |
| Assenagon Asset Management S.A. | 95,041 | $21.4M | 0.03% | −101,912−51.7% | Reduced |
| Susquehanna International Group, LLP | 96,362 | $21.7M | 0.03% | +27,971+40.9% | Added |
| LPL Financial LLC | 97,023 | $21.8M | 0.01% | −9,020−8.5% | Reduced |
| Perpetual Ltd | 98,142 | $22.1M | 0.32% | −42,929−30.4% | Reduced |
| Fisher Asset Management, LLC | 102,968 | $23.2M | 0.01% | +21,669+26.7% | Added |
| Russell Investments Group, Ltd. | 108,152 | $24.4M | 0.03% | +17,254+19.0% | Added |
| Renaissance Technologies LLC | 108,300 | $24.4M | 0.04% | +2,800+2.7% | Added |
| Two Sigma Advisers, LP | 111,980 | $25.2M | 0.05% | −492,120−81.5% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 114,589 | $25.3M | 0.02% | −23,263−16.9% | Reduced |
| ADAPT Investment Managers SA | 112,413 | $25.3M | 5.11% | +112,413 | New |
| SG Americas Securities, LLC | 116,128 | $26.1M | 0.03% | +108,959+1,519.9% | Added |
| Great West Life Assurance Co | 125,173 | $28.2M | 0.05% | −44,697−26.3% | Reduced |
| Cresset Asset Management, LLC | 127,129 | $28.6M | 0.12% | +885+0.7% | Added |
| Schroder Investment Management Group | 130,932 | $29.4M | 0.02% | −6,359−4.6% | Reduced |
| Wellington Management Group LLP | 134,089 | $30.2M | 0.01% | −50,591−27.4% | Reduced |
| Victory Capital Management Inc | 138,644 | $31.2M | 0.02% | −4,753−3.3% | Reduced |
| Capital Impact Advisors, LLC | 141,188 | $31.8M | 2.48% | +141,188 | New |
| California State Teachers Retirement System | 142,232 | $32.0M | 0.03% | +1,295+0.9% | Added |
| CIBC Private Wealth Group, LLC | 143,808 | $32.3M | 0.05% | −10,349−6.7% | Reduced |