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 |
|---|---|---|---|---|---|
| Rokos Capital Management LLP | 147,317 | $33.1M | 0.49% | 00.0% | Unchanged |
| Creative Planning | 147,539 | $33.2M | 0.02% | +44,964+43.8% | Added |
| Stifel Financial Corp | 151,913 | $34.2M | 0.03% | −928−0.6% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 153,376 | $34.5M | 0.07% | −12,172−7.4% | Reduced |
| Jain Global LLC | 160,461 | $36.1M | 0.35% | +47,226+41.7% | Added |
| Rhumbline Advisers | 163,638 | $36.8M | 0.03% | −1,246−0.8% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 166,821 | $37.6M | 0.06% | +16,219+10.8% | Added |
| Credit Agricole S A | 168,140 | $37.8M | 0.10% | −42,724−20.3% | Reduced |
| Keybank National Association | 169,727 | $38.2M | 0.14% | −73,230−30.1% | Reduced |
| Greenvale Capital LLP | 175,000 | $39.4M | 3.69% | +175,000 | New |
| California Public Employees Retirement System | 177,459 | $39.9M | 0.02% | +12,185+7.4% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 178,836 | $40.2M | 0.07% | +134,082+299.6% | Added |
| National Pension Service | 179,825 | $40.4M | 0.03% | +5,962+3.4% | Added |
| Candriam Luxembourg S.C.A. | 182,989 | $41.2M | 0.21% | +12,181+7.1% | Added |
| Panagora Asset Management Inc | 184,741 | $41.6M | 0.15% | +6,027+3.4% | Added |
| DekaBank Deutsche Girozentrale | 221,212 | $42.9M | 0.08% | 00.0% | Unchanged |
| Bamco Inc | 190,968 | $43.0M | 0.12% | +7,195+3.9% | Added |
| GuoLine Advisory Pte Ltd | 191,060 | $43.0M | 3.95% | 00.0% | Unchanged |
| Vident Advisory, LLC | 198,033 | $44.5M | 0.42% | −29,558−13.0% | Reduced |
| BNP Paribas Arbitrage, SA | 199,032 | $44.8M | 0.03% | +25,305+14.6% | Added |
| Two Sigma Investments, LP | 201,417 | $45.3M | 0.07% | −355,891−63.9% | Reduced |
| Danica Pension, Livsforsikringsaktieselskab | 207,836 | $46.7M | 0.67% | −87,123−29.5% | Reduced |
| Northwestern Mutual Wealth Management Co | 210,784 | $47.4M | 0.03% | +8,301+4.1% | Added |
| Wells Fargo & Company | 214,750 | $48.3M | 0.01% | −10,247−4.6% | Reduced |
| Bank of Montreal | 215,648 | $48.5M | 0.02% | +100,670+87.6% | Added |
| Nomura Asset Management Co Ltd | 221,565 | $49.8M | 0.13% | +9,926+4.7% | Added |
| Nomura Asset Management International Inc. | 225,375 | $50.7M | 0.08% | +225,375 | New |
| Royal Bank of Canada | 227,003 | $51.1M | 0.01% | +68,714+43.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 227,417 | $51.2M | 0.06% | +227,417 | New |
| Citadel Advisors LLC | 240,053 | $54.0M | 0.04% | +63,839+36.2% | Added |
| Dimensional Fund Advisors LP | 240,044 | $54.0M | 0.01% | +10,248+4.5% | Added |
| Man Group plc | 248,861 | $56.0M | 0.11% | +122,917+97.6% | Added |
| Robeco Institutional Asset Management B.V. | 249,036 | $56.0M | 0.08% | −139,866−36.0% | Reduced |
| ProShare Advisors LLC | 249,609 | $56.1M | 0.10% | +79,008+46.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 250,960 | $56.4M | 0.03% | +1,369+0.5% | Added |
| Franklin Resources Inc | 251,663 | $56.6M | 0.01% | −141,876−36.1% | Reduced |
| TD Asset Management Inc | 257,428 | $57.9M | 0.05% | +2,228+0.9% | Added |
| Liontrust Investment Partners LLP | 258,925 | $58.2M | 0.86% | +258,925 | New |
| Nicholas Company, Inc. | 262,697 | $59.1M | 1.03% | −400.0% | Reduced |
| Canada Pension Plan Investment Board | 279,693 | $62.9M | 0.04% | +39,887+16.6% | Added |
| Holocene Advisors, LP | 280,000 | $63.0M | 0.13% | +280,000 | New |
| Neuberger Berman Group LLC | 280,012 | $63.0M | 0.05% | −83,581−23.0% | Reduced |
| Westfield Capital Management Co LP | 280,807 | $63.2M | 0.26% | +280,807 | New |
| Swiss National Bank | 282,000 | $63.4M | 0.04% | −9,700−3.3% | Reduced |
| Ensign Peak Advisors, Inc | 289,559 | $65.1M | 0.12% | −8,728−2.9% | Reduced |
| Jacobs Levy Equity Management, Inc | 301,109 | $67.7M | 0.26% | +218,006+262.3% | Added |
| Raymond James Financial Inc | 300,163 | $68.1M | 0.02% | −26,502−8.1% | Reduced |
| Ameriprise Financial Inc | 313,263 | $70.5M | 0.02% | −56,913−15.4% | Reduced |
| La Banque Postale Asset Management SA | 322,488 | $72.5M | 0.84% | +85,117+35.9% | Added |
| Champlain Investment Partners, LLC | 331,884 | $74.6M | 0.76% | −62,586−15.9% | Reduced |
| JPMorgan Chase & Co | 334,095 | $75.1M | 0.01% | −78,483−19.0% | Reduced |
| Alyeska Investment Group, L.P. | 335,147 | $75.4M | 0.21% | −30,066−8.2% | Reduced |
| Norges Bank | 354,626 | $79.8M | 0.01% | +354,626 | New |
| D. E. Shaw & Co., Inc. | 364,113 | $81.9M | 0.06% | −872,732−70.6% | Reduced |
| Janus Henderson Group PLC | 368,403 | $82.9M | 0.04% | +86,720+30.8% | Added |
| Qube Research & Technologies Ltd | 380,391 | $85.6M | 0.12% | +144,453+61.2% | Added |
| Penserra Capital Management LLC | 387,626 | $87.2M | 1.04% | +31,982+9.0% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 420,086 | $94.5M | 0.38% | +25,421+6.4% | Added |
| Arrowstreet Capital, Limited Partnership | 427,992 | $96.3M | 0.06% | +137,708+47.4% | Added |
| Bank of New York Mellon Corp | 458,314 | $103.1M | 0.02% | +5,396+1.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 461,805 | $103.9M | 0.16% | −59,367−11.4% | Reduced |
| Deutsche Bank AG | 476,539 | $107.2M | 0.03% | −101,814−17.6% | Reduced |
| Citigroup Inc | 483,905 | $108.8M | 0.07% | +29,951+6.6% | Added |
| Charles Schwab Investment Management Inc | 492,694 | $110.8M | 0.02% | +23,457+5.0% | Added |
| Bank of America Corp | 539,919 | $121.4M | 0.01% | +49,022+10.0% | Added |
| Nuveen, LLC | 551,376 | $124.0M | 0.03% | +655+0.1% | Added |
| Artisan Partners Limited Partnership | 593,545 | $133.5M | 0.20% | +110,776+22.9% | Added |
| Squarepoint Ops LLC | 633,876 | $142.6M | 0.29% | +498,740+369.1% | Added |
| Legal & General Group Plc | 645,996 | $145.3M | 0.03% | +55,706+9.4% | Added |
| Amundi | 676,845 | $152.2M | 0.04% | −29,877−4.2% | Reduced |
| Northern Trust Corp | 680,449 | $153.0M | 0.02% | +11,403+1.7% | Added |
| Barclays PLC | 727,417 | $163.6M | 0.07% | +87,471+13.7% | Added |
| Voya Investment Management LLC | 950,885 | $213.9M | 0.21% | +53,639+6.0% | Added |
| Federated Hermes, Inc. | 1,204,917 | $271.0M | 0.45% | −76,754−6.0% | Reduced |
| Pictet Asset Management Holding SA | 1,259,127 | $283.3M | 0.28% | +291,631+30.1% | Added |
| UBS Group AG | 1,269,322 | $285.5M | 0.06% | +715,949+129.4% | Added |
| Morgan Stanley | 1,557,640 | $350.3M | 0.02% | +315,498+25.4% | Added |
| Tiger Global Management LLCSuperinvestorTiger Global Management | 1,579,766 | $355.3M | 1.20% | −103,500−6.1% | Reduced |
| AQR Capital Management LLC | 1,599,045 | $359.7M | 0.19% | −342,526−17.6% | Reduced |
| UBS Asset Management Americas Inc | 1,669,505 | $375.5M | 0.08% | −15,040−0.9% | Reduced |
| T. Rowe Price Investment Management, Inc. | 1,928,098 | $433.7M | 0.27% | −329,402−14.6% | Reduced |
| Geode Capital Management, LLC | 2,069,630 | $464.8M | 0.03% | +98,140+5.0% | Added |
| State Street Corp | 2,337,604 | $525.8M | 0.02% | +77,800+3.4% | Added |
| American Century Companies Inc | 2,401,772 | $540.2M | 0.27% | −17,178−0.7% | Reduced |
| Goldman Sachs Group Inc | 2,412,416 | $542.6M | 0.08% | +582,317+31.8% | Added |
| Price T Rowe Associates Inc | 2,572,358 | $578.6M | 0.06% | +777,414+43.3% | Added |
| First Trust Advisors LP | 2,582,897 | $580.9M | 0.42% | +354,763+15.9% | Added |
| FMR LLC | 4,529,502 | $1.02B | 0.05% | +495,457+12.3% | Added |
| Invesco Ltd. | 5,052,401 | $1.14B | 0.11% | +3,761,436+291.4% | Added |
| BlackRock, Inc. | 7,830,756 | $1.76B | 0.03% | +39,004+0.5% | Added |
| Vanguard Group Inc | 11,423,424 | $2.57B | 0.04% | +55,521+0.5% | Added |
| Caisse de Depot Et Placement du Quebec | 0 | $0 | 0.00% | −55,697−100.0% | Sold out |
| Avalon Global Asset Management LLC | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Mark Asset Management LP | 0 | $0 | 0.00% | −47,325−100.0% | Sold out |
| Maytus Capital Management, LLC | 0 | $0 | 0.00% | −27,976−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −27,222−100.0% | Sold out |
| TrimTabs Asset Management, LLC | 0 | $0 | 0.00% | −25,394−100.0% | Sold out |
| Prospera Financial Services Inc | 0 | $0 | 0.00% | −21,588−100.0% | Sold out |
| Banco Santander, S.A. | 0 | $0 | 0.00% | −18,738−100.0% | Sold out |
| Groupama Asset Managment | 0 | $0 | 0.00% | – | Sold out |