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 |
|---|---|---|---|---|---|
| Bank Hapoalim BM | 11,705 | $2.63M | 0.23% | −435−3.6% | Reduced |
| FirstWave Capital Management LLC | 11,563 | $2.60M | 1.54% | +11,563 | New |
| Independent Solutions Wealth Management, LLC | 11,388 | $2.56M | 0.47% | −790−6.5% | Reduced |
| CIBC World Markets Corp | 11,317 | $2.55M | 0.01% | +11,317 | New |
| Winton Group Ltd | 11,158 | $2.51M | 0.09% | +7,558+209.9% | Added |
| Emissary Wealth LLC | 11,089 | $2.49M | 2.10% | +11,089 | New |
| Walleye Trading LLC | 11,042 | $2.48M | 0.04% | +11,042 | New |
| Sterling Investment Advisors, Ltd. | 11,030 | $2.48M | 0.46% | −215−1.9% | Reduced |
| Brevan Howard Capital Management LP | 10,775 | $2.42M | 0.05% | +986+10.1% | Added |
| Wealthfront Advisers LLC | 10,734 | $2.41M | 0.01% | +2,437+29.4% | Added |
| Louisiana State Employees Retirement System | 10,700 | $2.41M | 0.04% | −700−6.1% | Reduced |
| Captrust Financial Advisors | 10,662 | $2.40M | 0.00% | −3,397−24.2% | Reduced |
| Simmons Bank | 10,628 | $2.39M | 0.16% | −260−2.4% | Reduced |
| Mercer Global Advisors Inc | 10,577 | $2.38M | 0.00% | −7,703−42.1% | Reduced |
| Krilogy Financial LLC | 11,015 | $2.36M | 0.08% | −4,272−27.9% | Reduced |
| Prudential PLC | 10,448 | $2.35M | 0.02% | +880+9.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 10,383 | $2.34M | 0.02% | 00.0% | Unchanged |
| Van Eck Associates Corp | 10,250 | $2.31M | 0.00% | +10,250 | New |
| Virtu Financial LLC | 10,250 | $2.31M | 0.09% | +10,250 | New |
| BNP Paribas | 9,995 | $2.27M | 0.06% | +2,830+39.5% | Added |
| PDT Partners, LLC | 10,069 | $2.26M | 0.15% | −12,765−55.9% | Reduced |
| Broderick Brian C | 10,000 | $2.25M | 0.43% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 9,919 | $2.23M | 0.06% | −168−1.7% | Reduced |
| Inspire Advisors, LLC | 9,899 | $2.23M | 0.20% | +9,899 | New |
| BDF-Gestion | 9,700 | $2.18M | 0.27% | −647−6.3% | Reduced |
| Ethic Inc. | 9,588 | $2.16M | 0.03% | +400+4.4% | Added |
| Public Employees Retirement Association of Colorado | 9,320 | $2.10M | 0.01% | 00.0% | Unchanged |
| Linden Thomas Advisory Services, LLC | 9,148 | $2.06M | 0.21% | +334+3.8% | Added |
| Sepio Capital, LP | 9,140 | $2.06M | 0.11% | +215+2.4% | Added |
| Merit Financial Group, LLC | 9,090 | $2.04M | 0.02% | −208−2.2% | Reduced |
| Foundations Investment Advisors, LLC | 9,057 | $2.04M | 0.03% | +1,226+15.7% | Added |
| Sterling Capital Management LLC | 8,935 | $2.01M | 0.03% | +8,787+5,937.2% | Added |
| Voleon Capital Management LP | 8,912 | $2.00M | 0.04% | −3,729−29.5% | Reduced |
| Federation des caisses Desjardins du Quebec | 8,910 | $2.00M | 0.01% | −424−4.5% | Reduced |
| Edmond de Rothschild Holding S.A. | 8,873 | $2.00M | 0.03% | −353−3.8% | Reduced |
| Commerce Bank | 8,867 | $1.99M | 0.01% | +7,346+483.0% | Added |
| Pallas Capital Advisors LLC | 8,834 | $1.99M | 0.07% | −893−9.2% | Reduced |
| Pathstone Holdings, LLC | 8,806 | $1.98M | 0.01% | +635+7.8% | Added |
| Landscape Capital Management, L.L.C. | 8,799 | $1.98M | 0.13% | +8,799 | New |
| Amalgamated Bank | 8,732 | $1.96M | 0.01% | +755+9.5% | Added |
| Knollwood Investment Advisory, LLC | 8,650 | $1.95M | 0.18% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 8,641 | $1.94M | 0.07% | +6,045+232.9% | Added |
| Alaethes Wealth LLC | 8,617 | $1.94M | 0.55% | −118−1.4% | Reduced |
| Kestra Private Wealth Services, LLC | 8,615 | $1.94M | 0.02% | +939+12.2% | Added |
| Migdal Insurance & Financial Holdings Ltd. | 8,490 | $1.91M | 0.02% | −127−1.5% | Reduced |
| Atlantic Union Bankshares Corp | 8,440 | $1.90M | 0.04% | −8−0.1% | Reduced |
| Quantitative Investment Management, LLC | 8,371 | $1.88M | 0.18% | +8,371 | New |
| Brandywine Managers, LLC | 8,359 | $1.88M | 0.93% | 00.0% | Unchanged |
| Malaga Cove Capital, LLC | 8,337 | $1.88M | 0.65% | +266+3.3% | Added |
| Strategic Advisors LLC | 8,250 | $1.86M | 0.29% | −20.0% | Reduced |
| CIBC World Markets Inc. | 8,154 | $1.83M | 0.00% | +3,366+70.3% | Added |
| Allstate Corp | 8,119 | $1.83M | 0.02% | +4,319+113.7% | Added |
| Tower Research Capital LLC (TRC) | 8,113 | $1.82M | 0.04% | +6,222+329.0% | Added |
| Manufacturers Life Insurance Company, The | 8,093 | $1.82M | 0.00% | +771+10.5% | Added |
| SLT Holdings LLC | 7,974 | $1.79M | 1.20% | +675+9.2% | Added |
| Warm Springs Advisors Inc. | 7,936 | $1.78M | 1.38% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 7,904 | $1.78M | 0.02% | +5,617+245.6% | Added |
| 180 Wealth Advisors, LLC | 7,753 | $1.74M | 0.20% | −144−1.8% | Reduced |
| Truist Financial Corp | 7,710 | $1.73M | 0.00% | +188+2.5% | Added |
| Equitable Holdings, Inc. | 7,706 | $1.73M | 0.01% | −596−7.2% | Reduced |
| MAI Capital Management | 7,680 | $1.73M | 0.01% | +51+0.7% | Added |
| Inspirion Wealth Advisors, LLC | 7,619 | $1.71M | 0.21% | −1,460−16.1% | Reduced |
| Norway Savings Bank | 7,533 | $1.69M | 0.78% | +1,023+15.7% | Added |
| Bouvel Investment Partners, LLC | 7,525 | $1.69M | 0.49% | +106+1.4% | Added |
| The PNC Financial Services Group, Inc. | 7,411 | $1.67M | 0.00% | +237+3.3% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 7,305 | $1.64M | 0.01% | +1,476+25.3% | Added |
| Havemeyer Place LP | 7,185 | $1.62M | 0.32% | +7,185 | New |
| Cache Advisors, LLC | 7,144 | $1.61M | 0.20% | 00.0% | Unchanged |
| Baldwin Investment Management, LLC | 6,887 | $1.55M | 0.17% | +1,279+22.8% | Added |
| Generali Asset Management SPA SGR | 6,865 | $1.54M | 0.03% | +6,865 | New |
| Global Retirement Partners, LLC | 6,840 | $1.54M | 0.03% | −135−1.9% | Reduced |
| Kovitz Investment Group Partners, LLC | 6,785 | $1.53M | 0.03% | +5,840+618.0% | Added |
| China Universal Asset Management Co., Ltd. | 6,713 | $1.51M | 0.12% | +30.0% | Added |
| Leelyn Smith, LLC | 6,695 | $1.51M | 0.22% | +329+5.2% | Added |
| Mission Wealth Management, LP | 6,517 | $1.47M | 0.03% | +252+4.0% | Added |
| Prosperity Financial Group, Inc. | 6,484 | $1.46M | 0.53% | −30.0% | Reduced |
| Avanza Fonder AB | 6,481 | $1.46M | 0.04% | 00.0% | Unchanged |
| MetLife Investment Management | 6,452 | $1.45M | 0.01% | +201+3.2% | Added |
| O'Shaughnessy Asset Management, LLC | 6,418 | $1.44M | 0.01% | −1,570−19.7% | Reduced |
| Walleye Capital LLC | 6,346 | $1.43M | 0.01% | +6,315+20,371.0% | Added |
| Summit Trail Advisors, LLC | 6,336 | $1.43M | 0.02% | −2,163−25.5% | Reduced |
| Evolutionary Tree Capital Management, LLC | 6,287 | $1.41M | 1.64% | −593−8.6% | Reduced |
| Geneos Wealth Management Inc. | 6,218 | $1.40M | 0.03% | −415−6.3% | Reduced |
| Polianta Ltd | 6,200 | $1.39M | 0.18% | +6,200 | New |
| Dynamic Advisor Solutions LLC | 6,156 | $1.38M | 0.04% | −1,516−19.8% | Reduced |
| Kentucky Retirement Systems | 6,130 | $1.38M | 0.04% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 6,105 | $1.37M | 0.02% | +4,459+270.9% | Added |
| Wedbush Securities Inc | 5,988 | $1.35M | 0.04% | +859+16.7% | Added |
| Ironwood Investment Management LLC | 5,962 | $1.34M | 0.56% | −11−0.2% | Reduced |
| SBI Securities Co., Ltd. | 5,956 | $1.34M | 0.03% | −658−9.9% | Reduced |
| Shelton Wealth Management, LLC | 5,776 | $1.30M | 0.57% | +385+7.1% | Added |
| Ameritas Investment Partners, Inc. | 5,765 | $1.30M | 0.04% | +572+11.0% | Added |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 5,705 | $1.28M | 0.32% | +1,553+37.4% | Added |
| Synergy Financial Group, LTD | 5,669 | $1.28M | 0.90% | −324−5.4% | Reduced |
| Bridgewater Associates, LP | 5,518 | $1.24M | 0.00% | −21,258−79.4% | Reduced |
| Buckingham Strategic Partners | 5,491 | $1.24M | 0.02% | −4,871−47.0% | Reduced |
| Compass Capital Corp | 7,196 | $1.22M | 0.47% | 00.0% | Unchanged |
| Nicholas Investment Partners, LP | 5,387 | $1.21M | 0.09% | −6,704−55.4% | Reduced |
| Norinchukin Bank, The | 5,384 | $1.21M | 0.01% | +970+22.0% | Added |
| Cox Capital Mgt LLC | 5,576 | $1.21M | 0.75% | 00.0% | Unchanged |