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 |
|---|---|---|---|---|---|
| ADAPT Investment Managers SA | 112,413 | $25.3M | 5.11% | +112,413 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 114,589 | $25.3M | 0.02% | −23,263−16.9% | Reduced |
| Two Sigma Advisers, LP | 111,980 | $25.2M | 0.05% | −492,120−81.5% | Reduced |
| Renaissance Technologies LLC | 108,300 | $24.4M | 0.04% | +2,800+2.7% | Added |
| Russell Investments Group, Ltd. | 108,152 | $24.4M | 0.03% | +17,254+19.0% | Added |
| Fisher Asset Management, LLC | 102,968 | $23.2M | 0.01% | +21,669+26.7% | Added |
| Perpetual Ltd | 98,142 | $22.1M | 0.32% | −42,929−30.4% | Reduced |
| LPL Financial LLC | 97,023 | $21.8M | 0.01% | −9,020−8.5% | Reduced |
| Susquehanna International Group, LLP | 96,362 | $21.7M | 0.03% | +27,971+40.9% | Added |
| Assenagon Asset Management S.A. | 95,041 | $21.4M | 0.03% | −101,912−51.7% | Reduced |
| Erste Asset Management GmbH | 93,434 | $21.3M | 0.18% | +78,889+542.4% | Added |
| Ieq Capital, LLC | 91,454 | $20.6M | 0.06% | −16,953−15.6% | Reduced |
| Jupiter Asset Management Ltd | 91,210 | $20.5M | 0.16% | +91,210 | New |
| Klingenstein Fields & Co LP | 90,161 | $20.3M | 0.76% | −1,500−1.6% | Reduced |
| Pacer Advisors, Inc. | 90,014 | $20.2M | 0.05% | −106,527−54.2% | Reduced |
| State Board of Administration of Florida Retirement System | 87,999 | $19.8M | 0.04% | −2,794−3.1% | Reduced |
| Colony Group, LLC | 71,436 | $19.4M | 0.02% | +2,252+3.3% | Added |
| Asset Management One Co.,Ltd. | 85,080 | $19.4M | 0.05% | +4,021+5.0% | Added |
| Vontobel Holding Ltd. | 85,349 | $19.2M | 0.06% | −17,336−16.9% | Reduced |
| Mizuho Markets Americas LLC | 85,193 | $19.2M | 0.41% | −12,680−13.0% | Reduced |
| Jennison Associates LLC | 85,099 | $19.1M | 0.01% | −30,289−26.2% | Reduced |
| Aviva PLC | 84,720 | $19.1M | 0.03% | +4,520+5.6% | Added |
| Acadian Asset Management LLC | 84,664 | $19.0M | 0.03% | +35,329+71.6% | Added |
| Wedbush Fund Advisers, LLC | 83,152 | $18.7M | 1.93% | +83,152 | New |
| Pinebridge Investments LLC | 82,276 | $18.5M | 0.14% | +82,276 | New |
| Nordea Investment Management AB | 81,323 | $18.4M | 0.02% | −1,613−1.9% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 79,948 | $18.0M | 0.05% | +13,132+19.7% | Added |
| SEI Investments Co | 79,613 | $17.9M | 0.02% | −8,618−9.8% | Reduced |
| Ofi Invest Asset Management | 92,945 | $17.8M | 0.25% | +87,344+1,559.4% | Added |
| Rheos Capital Works Inc. | 79,000 | $17.8M | 1.14% | 00.0% | Unchanged |
| Allianz Asset Management GmbH | 75,367 | $17.0M | 0.02% | +5,194+7.4% | Added |
| Zacks Investment Management | 75,025 | $16.9M | 0.13% | −9,631−11.4% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 71,811 | $16.2M | 0.01% | +18,753+35.3% | Added |
| Frontier Capital Management Co LLC | 69,535 | $15.6M | 0.17% | −116,733−62.7% | Reduced |
| Korea Investment CORP | 69,272 | $15.6M | 0.03% | −29,098−29.6% | Reduced |
| HSBC Holdings PLC | 67,161 | $15.2M | 0.01% | −7,155−9.6% | Reduced |
| Guggenheim Capital LLC | 65,606 | $14.8M | 0.11% | +2,746+4.4% | Added |
| Standard Life Aberdeen plc | 64,846 | $14.6M | 0.02% | −60−0.1% | Reduced |
| J. Safra Sarasin Holding AG | 63,627 | $14.3M | 0.23% | +30,952+94.7% | Added |
| Oddo BHF Asset Management SAS | 62,195 | $14.0M | 0.52% | +34,524+124.8% | Added |
| NEOS Investment Management LLC | 62,081 | $14.0M | 0.08% | +15,664+33.7% | Added |
| Sequoia Financial Advisors, LLC | 60,480 | $13.6M | 0.08% | +1,853+3.2% | Added |
| Verition Fund Management LLC | 60,122 | $13.5M | 0.07% | −34,382−36.4% | Reduced |
| Cerity Partners LLC | 58,945 | $13.3M | 0.02% | +5,423+10.1% | Added |
| Commonwealth Equity Services, LLC | 55,956 | $12.6M | 0.02% | −3,886−6.5% | Reduced |
| Danske Bank A/S | 54,859 | $12.3M | 0.03% | +10,588+23.9% | Added |
| Trexquant Investment LP | 54,052 | $12.2M | 0.11% | +39,193+263.8% | Added |
| New York State Common Retirement Fund | 53,949 | $12.1M | 0.02% | −36,500−40.4% | Reduced |
| LaFleur & Godfrey LLC | 52,948 | $11.9M | 1.44% | −1,671−3.1% | Reduced |
| Rafferty Asset Management, LLC | 52,747 | $11.9M | 0.04% | +9,909+23.1% | Added |
| Occudo Quantitative Strategies LP | 52,511 | $11.8M | 0.79% | +30,888+142.8% | Added |
| Nomura Holdings Inc | 52,307 | $11.8M | 0.03% | +25,275+93.5% | Added |
| State of Wisconsin Investment Board | 51,843 | $11.7M | 0.03% | −1,347−2.5% | Reduced |
| South State Corp. | 51,339 | $11.5M | 0.52% | +1,165+2.3% | Added |
| Massachusetts Financial Services Co | 51,246 | $11.5M | 0.00% | −58,239−53.2% | Reduced |
| Woodstock Corp | 50,674 | $11.4M | 0.98% | +650+1.3% | Added |
| Mackenzie Financial Corp | 50,048 | $11.4M | 0.01% | +11,632+30.3% | Added |
| Storebrand Asset Management AS | 49,851 | $11.2M | 0.03% | +479+1.0% | Added |
| Millennium Management LLC | 49,717 | $11.2M | 0.01% | −1,358−2.7% | Reduced |
| Mediolanum International Funds Ltd | 49,137 | $11.2M | 0.11% | +3,987+8.8% | Added |
| Public Employees Retirement System of Ohio | 49,648 | $11.2M | 0.03% | −1,220−2.4% | Reduced |
| APG Asset Management N.V. | 58,160 | $11.1M | 0.03% | −602−1.0% | Reduced |
| KBC Group NV | 49,515 | $11.1M | 0.03% | +1,494+3.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 49,084 | $11.0M | 0.03% | +4,451+10.0% | Added |
| Royal London Asset Management Ltd | 48,161 | $10.8M | 0.02% | −1,299−2.6% | Reduced |
| TD Waterhouse Canada Inc. | 47,196 | $10.6M | 0.07% | +37,664+395.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 46,963 | $10.6M | 0.24% | +33,631+252.3% | Added |
| Mariner, LLC | 46,656 | $10.5M | 0.01% | +3,231+7.4% | Added |
| National Bank of Canada | 46,601 | $10.5M | 0.01% | +10,901+30.5% | Added |
| Handelsbanken Fonder AB | 45,639 | $10.3M | 0.03% | −10,268−18.4% | Reduced |
| RPG Investment Advisory, LLC | 45,607 | $10.3M | 1.16% | +407+0.9% | Added |
| Cooper Creek Partners Management LLC | 45,505 | $10.2M | 0.48% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 45,079 | $10.1M | 0.01% | −961−2.1% | Reduced |
| Harvest Fund Management Co., Ltd | 44,183 | $10.1M | 0.38% | +11,910+36.9% | Added |
| Forsta Ap-Fonden | 44,440 | $10.0M | 0.06% | +21,940+97.5% | Added |
| Zweig-DiMenna Associates LLC | 43,995 | $9.90M | 0.70% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 43,044 | $9.68M | 0.11% | +3,114+7.8% | Added |
| M&G Plc | 42,105 | $9.47M | 0.05% | +3,609+9.4% | Added |
| Pinnacle Associates Ltd | 42,088 | $9.47M | 0.12% | +3,041+7.8% | Added |
| Adage Capital Partners GP, L.L.C. | 42,000 | $9.45M | 0.01% | +8,000+23.5% | Added |
| Treasurer of the State of North Carolina | 41,855 | $9.41M | 0.03% | −2,047−4.7% | Reduced |
| Jump Financial, LLC | 40,850 | $9.19M | 0.12% | +23,097+130.1% | Added |
| Advisor Group Holdings, Inc. | 40,651 | $9.14M | 0.01% | −9,006−18.1% | Reduced |
| Alliancebernstein L.P. | 40,543 | $9.12M | 0.00% | −28,013−40.9% | Reduced |
| Mn Services Vermogensbeheer B.V. | 38,758 | $8.72M | 0.05% | +1,158+3.1% | Added |
| KLP Kapitalforvaltning AS | 37,740 | $8.49M | 0.03% | +40+0.1% | Added |
| Empowered Funds, LLC | 37,113 | $8.35M | 0.14% | +10,918+41.7% | Added |
| RMB Capital Management, LLC | 36,894 | $8.30M | 0.14% | +1,150+3.2% | Added |
| North Star Asset Management Inc | 36,558 | $8.22M | 0.33% | −22−0.1% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 36,226 | $8.17M | 0.06% | +9,149+33.8% | Added |
| Nissay Asset Management Corp | 36,079 | $8.11M | 0.04% | +2,759+8.3% | Added |
| CIBC Asset Management Inc | 35,483 | $7.98M | 0.02% | +3,590+11.3% | Added |
| Shikiar Asset Management Inc | 35,425 | $7.97M | 1.98% | +1,269+3.7% | Added |
| Quantbot Technologies LP | 35,196 | $7.92M | 0.26% | +25,468+261.8% | Added |
| Illinois Municipal Retirement Fund | 35,036 | $7.88M | 0.10% | +4,556+14.9% | Added |
| State of New Jersey Common Pension Fund D | 34,796 | $7.83M | 0.03% | −830−2.3% | Reduced |
| Raiffeisen Bank International AG | 34,220 | $7.78M | 0.10% | +4,168+13.9% | Added |
| Arcadia Investment Management Corp | 34,513 | $7.76M | 1.26% | +897+2.7% | Added |
| United Capital Management of KS, Inc. | 34,313 | $7.72M | 1.08% | +1,289+3.9% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 34,094 | $7.67M | 0.04% | +301+0.9% | Added |