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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.

Institutional holdersQ4 2025: 891 institutions
Q1 2021: 537 institutionsQ2 2021: 549 institutionsQ3 2021: 601 institutionsQ4 2021: 661 institutionsQ1 2022: 631 institutionsQ2 2022: 594 institutionsQ3 2022: 608 institutionsQ4 2022: 562 institutionsQ1 2023: 573 institutionsQ2 2023: 595 institutionsQ3 2023: 624 institutionsQ4 2023: 741 institutionsQ1 2024: 739 institutionsQ2 2024: 734 institutionsQ3 2024: 700 institutionsQ4 2024: 762 institutionsQ1 2025: 769 institutionsQ2 2025: 907 institutionsQ3 2025: 912 institutionsQ4 2025: 891 institutionsQ1 2026: 752 institutionsQ2 2026: 749 institutions
Value heldQ4 2025: $20.0B
Q1 2021: $9.49BQ2 2021: $13.0BQ3 2021: $16.0BQ4 2021: $20.5BQ1 2022: $15.2BQ2 2022: $9.70BQ3 2022: $10.9BQ4 2022: $7.50BQ1 2023: $7.85BQ2 2023: $9.88BQ3 2023: $10.2BQ4 2023: $15.2BQ1 2024: $13.6BQ2 2024: $13.5BQ3 2024: $12.6BQ4 2024: $13.7BQ1 2025: $16.7BQ2 2025: $26.1BQ3 2025: $24.5BQ4 2025: $20.0BQ1 2026: $12.5BQ2 2026: $11.7B
Institutions holding ZS and their total value by quarter
QuarterHoldersValue
Q2 2026749$11.7B
Q1 2026752$12.5B
Q4 2025891$20.0B
Q3 2025912$24.5B
Q2 2025907$26.1B
Q1 2025769$16.7B
Q4 2024762$13.7B
Q3 2024700$12.6B
Q2 2024734$13.5B
Q1 2024739$13.6B
Q4 2023741$15.2B
Q3 2023624$10.2B
Q2 2023595$9.88B
Q1 2023573$7.85B
Q4 2022562$7.50B
Q3 2022608$10.9B
Q2 2022594$9.70B
Q1 2022631$15.2B
Q4 2021661$20.5B
Q3 2021601$16.0B
Q2 2021549$13.0B
Q1 2021537$9.49B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Zscaler, Inc.; share changes are against Q3 2025.

Institutions holding ZS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Perigon Wealth Management, LLC1,306$293.7K0.01%−495−27.5%Reduced
Medallion Wealth Advisors, LLC1,302$292.8K0.10%+282+27.6%Added
Empower Advisory Group, LLC1,300$292.4K0.00%−309−19.2%Reduced
MLP3, LLC1,290$290.1K0.32%+1,290New
PCM Encore, LLC1,286$289.3K0.06%+1,286New
Prime Capital Investment Advisors, LLC1,280$287.9K0.00%−220−14.7%Reduced
Secure Asset Management, LLC1,271$285.9K0.05%−1,165−47.8%Reduced
LGT Fund Management Co Ltd.1,250$284.3K0.02%−330−20.9%Reduced
Azimuth Capital Investment Management LLC1,250$281.1K0.01%+200+19.0%Added
Triumph Capital Management1,248$280.7K0.06%+482+62.9%Added
Signaturefd, LLC1,247$280.5K0.00%+78+6.7%Added
Sym Financial Corp1,244$279.8K0.03%−132−9.6%Reduced
Knightsbridge Asset Management, LLC1,241$279.1K0.04%+1,241New
Evergreen Capital Management LLC1,220$274.4K0.01%+1+0.1%Added
Yousif Capital Management, LLC1,326$273.6K0.00%+48+3.8%Added
Pensionmark Financial Group, LLC1,213$272.7K0.00%−87−6.7%Reduced
Venturi Wealth Management, LLC1,204$270.8K0.01%−399−24.9%Reduced
K.J. Harrison & Partners Inc1,200$269.9K0.04%+1,200New
Buckland Partners Management Co LLC1,200$269.9K0.15%+1,200New
Loomis Sayles & Co L P1,190$267.7K0.00%+1,190New
Wealth Dimensions Group, Ltd.1,162$261.4K0.05%00.0%Unchanged
Liberty Square Wealth Partners LLC1,160$260.9K0.07%00.0%Unchanged
Larson Financial Group LLC1,156$260.0K0.01%−884−43.3%Reduced
HighPoint Advisor Group LLC1,152$259.1K0.01%+74+6.9%Added
Forum Financial Management, LP1,150$258.7K0.00%−18−1.5%Reduced
Archford Capital Strategies, LLC1,149$258.4K0.03%−5−0.4%Reduced
Kazazian Asset Management, LLC1,132$254.6K0.27%00.0%Unchanged
Avestar Capital, LLC1,122$252.4K0.02%+17+1.5%Added
Quintet Private Bank (Europe) S.A.1,120$251.9K0.01%00.0%Unchanged
Fifth Third Bancorp1,118$251.5K0.00%+96+9.4%Added
Sherbrooke Park Advisers LLC1,106$248.8K0.64%+1,106New
Chicago Partners Investment Group LLC1,180$247.4K0.01%−2,097−64.0%Reduced
Plato Investment Management Ltd1,080$244.1K0.02%00.0%Unchanged
Crossmark Global Holdings, Inc.1,084$243.8K0.00%+108+11.1%Added
Aft, Forsyth & Company, Inc.1,080$242.9K0.10%00.0%Unchanged
Alchemi Wealth, LLC1,075$241.8K0.13%+1,075New
Sentinus, LLC1,059$238.2K0.02%+1,059New
Quadrant Capital Group LLC1,058$238.0K0.01%00.0%Unchanged
Indivisible Partners1,057$237.7K0.03%+1,057New
Ausdal Financial Partners, Inc.1,049$236.0K0.01%−945−47.4%Reduced
Caerus Investment Advisors, LLC1,048$235.7K0.08%−2,239−68.1%Reduced
LeConte Wealth Management, LLC1,048$235.7K0.15%−372−26.2%Reduced
waypoint wealth counsel1,041$234.1K0.09%−1,133−52.1%Reduced
Steel Peak Wealth Management LLC1,039$233.7K0.01%−83−7.4%Reduced
DRW Securities, LLC1,038$233.5K0.02%+1,038New
Waddell & Associates, LLC1,032$232.1K0.02%−519−33.5%Reduced
Blair William & Co1,024$230.3K0.00%−1,441−58.5%Reduced
Edgestream Partners, L.P.1,017$228.7K0.01%−19,144−95.0%Reduced
Prelude Capital Management, LLC1,017$228.7K0.02%−1,235−54.8%Reduced
Ellevest, Inc.1,015$228.3K0.03%−30−2.9%Reduced
Fortress Private Ledger, LLC1,011$227.4K0.07%+100+11.0%Added
Intellectus Partners, LLC1,011$227.3K0.04%00.0%Unchanged
Huntington National Bank1,001$225.1K0.00%+2+0.2%Added
Logan Capital Management Inc1,000$224.9K0.01%00.0%Unchanged
Black Swift Group, LLC1,000$224.9K0.04%00.0%Unchanged
Axxcess Wealth Management, LLC1,000$224.9K0.00%00.0%Unchanged
Dempze Nancy E1,000$224.9K0.12%+1,000New
Berkeley Capital Partners, LLC–$224.9K0.05%–New
New York Life Investment Management LLC998$224.5K0.00%−139−12.2%Reduced
Assetmark, Inc998$224.5K0.00%+154+18.2%Added
Net Worth Advisory Group994$223.6K0.05%−24−2.4%Reduced
Clear Harbor Asset Management, LLC992$223.1K0.02%+992New
Moneta Group Investment Advisors LLC990$222.7K0.00%+136+15.9%Added
Savant Capital, LLC981$220.6K0.00%+177+22.0%Added
Northwest Wealth Management, LLC980$220.4K0.03%−69−6.6%Reduced
Alpha Family Trust980$220.4K0.10%00.0%Unchanged
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management976$219.5K0.00%+976New
Cigna Investments Inc973$219.0K0.03%00.0%Unchanged
Bearing Point Capital, LLC973$218.8K0.03%−555−36.3%Reduced
Clearstead Advisors, LLC971$218.4K0.00%−1,713−63.8%Reduced
Kaufman Rossin Wealth, LLC970$218.1K0.11%−63−6.1%Reduced
Gsa Capital Partners LLP969$218.0K0.02%+969New
Poinciana Advisors Group, LLC962$216.4K0.17%−208−17.8%Reduced
Fort Point Capital Partners LLC1,025$215.8K0.03%−15−1.4%Reduced
Kohmann Bosshard Financial Services, LLC959$215.7K0.02%−555−36.7%Reduced
Evoke Wealth, LLC955$214.8K0.00%−762−44.4%Reduced
Menard Financial Group LLC954$214.6K0.15%00.0%Unchanged
Transcend Wealth Collective, LLC953$214.3K0.02%−535−36.0%Reduced
Atria Investments LLC949$213.4K0.00%+70+8.0%Added
STF Management LP942$211.9K0.20%−1,255−57.1%Reduced
Ci Investments Inc.934$210.1K0.00%−32−3.3%Reduced
Legato Capital Management LLC925$208.1K0.02%+925New
Tritonpoint Wealth, LLC925$207.9K0.02%+925New
Westerkirk Capital Inc.916$206.0K0.02%−1,064−53.7%Reduced
Impact Investors, Inc912$205.0K0.14%−154−14.4%Reduced
Coastal Bridge Advisors, LLC904$203.3K0.02%−122−11.9%Reduced
Chesapeake Capital Corp901$202.7K0.17%−562−38.4%Reduced
Signature Wealth Management Partners, LLC900$202.4K0.10%00.0%Unchanged
Ronald Blue Trust, Inc.884$198.8K0.00%−339−27.7%Reduced
Groesbeck Investment Management Corp862$194.0K0.37%00.0%Unchanged
Mount Lucas Management LP848$190.7K0.08%−15−1.7%Reduced
GPS Wealth Strategies Group, LLC847$190.5K0.16%−1,248−59.6%Reduced
Ancora Advisors, LLC825$185.6K0.00%+225+37.5%Added
GAMMA Investing LLC818$184.0K0.01%+43+5.5%Added
Venture Visionary Partners LLC817$183.8K0.01%−607−42.6%Reduced
CoreCap Advisors, LLC780$175.4K0.01%+10+1.3%Added
SRS Capital Advisors, Inc.770$173.2K0.01%−21,592−96.6%Reduced
Ameliora Wealth Management Ltd.726$163.3K0.05%−35−4.6%Reduced
Parallel Advisors, LLC706$159.0K0.00%+309+77.8%Added
Tripletail Wealth Management, LLC675$151.8K0.19%+25+3.8%Added