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 |
|---|---|---|---|---|---|
| TrueMark Investments, LLC | 5,358 | $1.21M | 0.23% | −227−4.1% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 5,236 | $1.18M | 0.05% | +987+23.2% | Added |
| Comerica Bank | 5,201 | $1.17M | 0.00% | −597−10.3% | Reduced |
| Gulf International Bank (UK) Ltd | 5,131 | $1.15M | 0.04% | 00.0% | Unchanged |
| Greenland Capital Management LP | 5,015 | $1.13M | 0.16% | +5,015 | New |
| Diversify Advisory Services, LLC | 5,266 | $1.13M | 0.04% | −4,299−44.9% | Reduced |
| Firsthand Capital Management, Inc. | 5,000 | $1.12M | 2.09% | 00.0% | Unchanged |
| PKO Investment Management Joint-Stock Co | 5,000 | $1.12M | 0.09% | +5,000 | New |
| Guerra Pan Advisors, LLC | 4,999 | $1.12M | 0.67% | −20.0% | Reduced |
| Maryland State Retirement & Pension System | 4,946 | $1.11M | 0.02% | +200+4.2% | Added |
| Meiji Yasuda Life Insurance Co | 4,934 | $1.11M | 0.03% | −72−1.4% | Reduced |
| TLWM | 4,884 | $1.10M | 0.20% | −75−1.5% | Reduced |
| Axq Capital, LP | 4,844 | $1.09M | 0.25% | +4,844 | New |
| Gotham Asset Management, LLC | 4,814 | $1.08M | 0.00% | −25,701−84.2% | Reduced |
| Quest Investment Management LLC | 4,733 | $1.06M | 0.11% | −997−17.4% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 4,700 | $1.06M | 0.03% | 00.0% | Unchanged |
| KRS Capital Management, LLC | 4,700 | $1.06M | 0.61% | +613+15.0% | Added |
| Nano Cap New Millennium Growth Fund L P | 4,700 | $1.06M | 0.90% | +4,700 | New |
| Everence Capital Management Inc | 4,667 | $1.05M | 0.06% | +1,537+49.1% | Added |
| Alphadyne Asset Management LP | 4,634 | $1.04M | 0.10% | +4,634 | New |
| Diversified Trust Co | 4,578 | $1.03M | 0.02% | +477+11.6% | Added |
| GWM Advisors LLC | 4,577 | $1.03M | 0.00% | −1,802−28.2% | Reduced |
| Tokio Marine Asset Management Co Ltd | 4,473 | $1.01M | 0.03% | +342+8.3% | Added |
| CSM Advisors, LLC | 4,465 | $1.00M | 0.03% | +821+22.5% | Added |
| Sentinel Dome Partners, LLC | 4,400 | $989.6K | 0.67% | +4,400 | New |
| StoneX Group Inc. | 4,363 | $981.3K | 0.04% | +879+25.2% | Added |
| Brinker Capital Investments, LLC | 4,134 | $929.7K | 0.01% | −190−4.4% | Reduced |
| Kensington Investment Counsel, LLC | 4,085 | $918.8K | 0.37% | −664−14.0% | Reduced |
| Western Financial Corp | 4,051 | $911.2K | 0.36% | −47−1.1% | Reduced |
| E. Ohman J:or Asset Management AB | 4,050 | $910.9K | 0.02% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 4,106 | $908.5K | 0.02% | +80+2.0% | Added |
| Sienna Gestion | 4,000 | $905.2K | 0.05% | +1,750+77.8% | Added |
| Oak Thistle LLC | 4,015 | $903.1K | 0.13% | +4,015 | New |
| 1832 Asset Management L.P. | 4,002 | $900.1K | 0.00% | −515,116−99.2% | Reduced |
| Legal Advantage Investments, Inc. | 4,000 | $899.7K | 0.42% | 00.0% | Unchanged |
| Shepherd Financial Partners LLC | 3,925 | $882.8K | 0.08% | −19−0.5% | Reduced |
| Capstone Investment Advisors, LLC | 3,901 | $877.4K | 0.01% | −457−10.5% | Reduced |
| Ovata Capital Management Ltd | 3,880 | $872.7K | 0.11% | +3,880 | New |
| Paragon Capital Management Inc | 3,860 | $868.2K | 0.67% | +3,860 | New |
| Oppenheimer & Co Inc | 3,836 | $862.8K | 0.01% | −504−11.6% | Reduced |
| Jane Street Group, LLC | 3,819 | $859.0K | 0.00% | −48,672−92.7% | Reduced |
| Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna | 3,815 | $858.1K | 0.33% | +3,000+368.1% | Added |
| ING Groep NV | 3,773 | $848.6K | 0.01% | +2,617+226.4% | Added |
| Omers Administration Corp | 3,764 | $846.6K | 0.01% | −6,556−63.5% | Reduced |
| Ostrum Asset Management | 3,761 | $845.9K | 0.04% | +527+16.3% | Added |
| Sunbelt Securities, Inc. | 3,755 | $844.6K | 0.06% | +1,808+92.9% | Added |
| Bailard, Inc. | 3,700 | $832.2K | 0.02% | −2,204−37.3% | Reduced |
| Allworth Financial LP | 3,672 | $825.9K | 0.00% | +148+4.2% | Added |
| EMC Capital Management | 3,780 | $819.0K | 0.36% | +3,350+779.1% | Added |
| Hillsdale Investment Management Inc. | 3,600 | $809.7K | 0.02% | +3,600 | New |
| Credit Industriel Et Commercial | 3,533 | $794.6K | 0.12% | +3,170+873.3% | Added |
| Prescott Group Capital Management, L.L.C. | 3,500 | $787.2K | 0.07% | −3,500−50.0% | Reduced |
| North Dakota State Investment Board | 3,438 | $773.3K | 0.03% | +3,438 | New |
| Principal Financial Group Inc | 3,434 | $772.4K | 0.00% | −823−19.3% | Reduced |
| Teacher Retirement System of Texas | 3,405 | $765.9K | 0.00% | −9,842−74.3% | Reduced |
| Blueshift Asset Management, LLC | 3,387 | $761.8K | 0.22% | +3,387 | New |
| Farther Finance Advisors, LLC | 3,358 | $755.4K | 0.01% | +1,994+146.2% | Added |
| DC Investments Management, LLC | 3,338 | $750.8K | 0.33% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 3,299 | $741.9K | 0.01% | −697−17.4% | Reduced |
| Noble Wealth Management PBC | 3,269 | $735.3K | 0.37% | −61−1.8% | Reduced |
| First National Bank of Hutchinson | 3,243 | $729.4K | 0.43% | +37+1.2% | Added |
| D.A. Davidson & Co. | 3,232 | $726.9K | 0.00% | +1,229+61.4% | Added |
| Apollon Wealth Management, LLC | 3,229 | $726.3K | 0.01% | +23+0.7% | Added |
| Vestcor Inc | 3,218 | $724.0K | 0.02% | 00.0% | Unchanged |
| Worthington Financial Partners, LLC | 3,200 | $719.7K | 0.64% | +3,200 | New |
| Advisors Asset Management, Inc. | 3,196 | $718.8K | 0.01% | −2,667−45.5% | Reduced |
| Krane Funds Advisors LLC | 3,190 | $717.5K | 0.02% | +3+0.1% | Added |
| Centaurus Financial, Inc. | 3,158 | $710.0K | 0.03% | −328−9.4% | Reduced |
| Fieldview Capital Management, LLC | 3,154 | $709.4K | 0.12% | +3,154 | New |
| Optas, LLC | 3,152 | $709.0K | 0.11% | +1,569+99.1% | Added |
| Flagship Harbor Advisors, LLC | 3,149 | $708.3K | 0.03% | −142−4.3% | Reduced |
| HB Wealth Management, LLC | 3,148 | $708.0K | 0.00% | −541−14.7% | Reduced |
| M&T Bank Corp | 3,068 | $690.6K | 0.00% | +781+34.1% | Added |
| RSM US Wealth Management LLC | 3,012 | $685.0K | 0.01% | +363+13.7% | Added |
| Jamison Private Wealth Management, Inc. | 3,022 | $679.7K | 0.08% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 3,020 | $679.3K | 0.02% | +177+6.2% | Added |
| Harmony Asset Management LLC | 3,015 | $678.1K | 0.23% | +815+37.0% | Added |
| One Wealth Management Investment & Advisory Services, LLC | 3,011 | $677.2K | 0.74% | −9−0.3% | Reduced |
| Koshinski Asset Management, Inc. | 2,957 | $665.1K | 0.04% | +73+2.5% | Added |
| Vise Technologies, Inc. | 2,941 | $661.6K | 0.01% | −65−2.2% | Reduced |
| Turning Point Benefit Group, Inc. | 2,840 | $638.8K | 0.33% | +1,185+71.6% | Added |
| Coldstream Capital Management Inc | 2,837 | $638.1K | 0.01% | +297+11.7% | Added |
| Green Alpha Advisors, LLC | 2,827 | $635.8K | 0.58% | +90+3.3% | Added |
| Prudential Financial Inc | 2,776 | $631.3K | 0.00% | −2,914−51.2% | Reduced |
| Ossiam | 2,782 | $625.7K | 0.01% | −1,058−27.6% | Reduced |
| Los Angeles Capital Management LLC | 1,924 | $619.6K | 0.00% | −19,599−91.1% | Reduced |
| Callan Family Office, LLC | 2,732 | $614.5K | 0.01% | +560+25.8% | Added |
| V-Square Quantitative Management LLC | 2,720 | $611.8K | 0.06% | +2,720 | New |
| SkyOak Wealth, LLC | 2,705 | $608.4K | 0.11% | +2,705 | New |
| Eventide Asset Management, LLC | 2,651 | $602.8K | 0.01% | +496+23.0% | Added |
| GraniteShares Advisors LLC | 2,675 | $601.7K | 0.37% | +389+17.0% | Added |
| Marex Group plc | 2,671 | $600.8K | 0.01% | −152−5.4% | Reduced |
| Emerald Advisers, LLC | 2,603 | $585.5K | 0.02% | −116−4.3% | Reduced |
| MBM Wealth Consultants, LLC | 2,602 | $585.2K | 0.14% | +59+2.3% | Added |
| Legacy Advisors, LLC | 2,601 | $585.0K | 0.06% | +10.0% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 2,569 | $577.8K | 0.04% | 00.0% | Unchanged |
| Chicago Capital, LLC | 2,559 | $575.6K | 0.01% | −9,515−78.8% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 2,559 | $575.6K | 0.07% | +168+7.0% | Added |
| NorthCrest Asset Manangement, LLC | 2,581 | $574.9K | 0.01% | −1,894−42.3% | Reduced |
| Wallace Hart LLC | 2,553 | $574.2K | 0.42% | −2,709−51.5% | Reduced |