ZscalerZS
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 768 institutions reported holding Zscaler Inc. (ZS) in their 13F filings, up 8 from Q4 2024. 105 opened new positions and 98 sold out. The largest holders were Vanguard Group Inc. ($2.0B), BlackRock, Inc. ($1.4B) and UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC ($620.7M). 9 famous investors held it, including Chase Coleman (1.3% of Tiger Global Management's portfolio), Cliff Asness (0.2% of AQR Capital Management's portfolio) and Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio).
- Company
- Zscaler Inc.
- CUSIP
- 98980G102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 105 | $840.1M |
| Exits | 98 | $448.4M |
All 13F filers, Q4 2024 → Q1 2025: 14,367,540 shares bought and 6,274,353 shares sold, net +8,093,187 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 768 holders
| Vanguard Group Inc. | 0.04% | Add +3.1% | 9,890,506 | $2.0B |
| BlackRock, Inc. | 0.03% | Add +4.0% | 6,850,406 | $1.4B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.16% | Add +20.3% | 3,128,170 | $620.7M |
| American Century Companies Inc. | 0.36% | Add +2.6% | 2,937,603 | $582.9M |
| Goldman Sachs Group Inc. | 0.11% | Add +14.6% | 2,841,538 | $563.8M |
| T. Rowe Price Investment Management, Inc. | 0.34% | New | 2,603,675 | $516.6M |
| First Trust Advisors LP | 0.45% | Add +12.1% | 2,563,790 | $508.7M |
| State Street Corp. | 0.02% | Add +1.3% | 2,128,085 | $422.3M |
| FMR LLC | 0.02% | Add +1.9% | 1,862,106 | $369.5M |
| Deutsche Bank AG | 0.14% | Add +10.7% | 1,806,031 | $358.4M |
| Geode Capital Management, LLC | 0.03% | Add +6.2% | 1,761,011 | $348.6M |
| Pictet Asset Management Holding SA | 0.38% | Add +5.6% | 1,709,321 | $339.4M |
| Tiger Global Management | 1.25% | Add +15.8% | 1,679,000 | $333.1M |
| UBS Group AG | 0.07% | Add +20.0% | 1,536,377 | $304.8M |
| Marshall Wace, LLP | 0.39% | Add +266.3% | 1,450,668 | $287.8M |
| Nomura Holdings Inc. | 1.49% | Add +30.9% | 1,401,359 | $278.1M |
| HSBC Holdings PLC | 0.18% | Add +79.0% | 1,399,167 | $274.0M |
| Voya Investment Management LLC | 0.32% | Reduce -13.5% | 1,245,322 | $247.1M |
| Wellington Management Group LLP | 0.05% | Add +488.0% | 1,242,829 | $246.6M |
| AQR Capital Management | 0.24% | Add +23.6% | 1,191,930 | $234.7M |
| Morgan Stanley | 0.02% | Reduce -5.2% | 1,061,291 | $210.6M |
| Champlain Investment Partners, LLC | 1.39% | Reduce -17.9% | 966,660 | $191.8M |
| Nuveen, LLC | 0.05% | — | 772,807 | $153.3M |
| DNB Asset Management AS | 0.68% | Add +12.1% | 748,376 | $148.5M |
| Artisan Partners Limited Partnership | 0.24% | Reduce -14.4% | 743,907 | $147.6M |
| T. Rowe Price Associates Inc. | 0.02% | Reduce -12.6% | 740,732 | $147.0M |
| Invesco Ltd. | 0.03% | Add +16.1% | 737,549 | $146.3M |
| Two Sigma Advisers, LP | 0.32% | Add +13.4% | 718,500 | $142.6M |
| Northern Trust Corp. | 0.02% | Add +0.1% | 638,341 | $126.7M |
| JPMorgan Chase & Co. | 0.01% | Add +163.5% | 631,963 | $125.4M |
| Amundi | 0.04% | Add +55.3% | 639,111 | $122.8M |
| Legal & General Group Plc | 0.03% | Add +6.4% | 596,223 | $118.3M |
| Barclays PLC | 0.05% | Add +14.3% | 588,837 | $116.8M |
| Citigroup Inc. | 0.09% | Add +171.5% | 565,280 | $112.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.23% | Add +1.4% | 539,066 | $107.2M |
| Bank of New York Mellon Corp | 0.02% | Reduce -0.4% | 536,845 | $106.5M |
| Franklin Resources Inc. | 0.03% | Reduce -32.4% | 483,148 | $95.9M |
| Assenagon Asset Management S.A. | 0.17% | Add +148.7% | 474,431 | $94.1M |
| Bank of America Corp. | 0.01% | Add +29.9% | 453,524 | $90.0M |
| Penserra Capital Management LLC | 1.60% | Add +27.4% | 451,915 | $89.7M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +7.8% | 407,265 | $80.8M |
| Royal Bank of Canada | 0.02% | Reduce -8.8% | 393,765 | $78.1M |
| Nomura Asset Management Co. Ltd. | 0.23% | Add +4.4% | 384,476 | $76.3M |
| Bank of Montreal | 0.04% | Reduce -10.0% | 382,513 | $75.9M |
| Ensign Peak Advisors, Inc | 0.14% | Add +33.1% | 359,621 | $71.4M |
| Woodline Partners LP | 0.46% | New | 354,503 | $70.3M |
| Danica Pension, Livsforsikringsaktieselskab | 1.38% | Reduce -16.1% | 352,087 | $69.9M |
| Arrowstreet Capital, Limited Partnership | 0.05% | Add +1.1% | 327,734 | $65.0M |
| LBP Am SA | 1.00% | Reduce -10.8% | 327,399 | $65.0M |
| Frontier Capital Management Co. LLC | 0.71% | Add +40.2% | 326,101 | $64.7M |
| Optimus Prime Fund Management Co., Ltd. | 7.25% | No change | 320,000 | $63.5M |
| Keybank National Association | 0.25% | Add +8.5% | 310,752 | $61.7M |
| Greenvale Capital LLP | 5.80% | Reduce -25.0% | 300,000 | $59.5M |
| TD Asset Management Inc | 0.05% | Add +181.8% | 297,500 | $59.0M |
| Rokos Capital Management LLP | 1.59% | No change | 285,974 | $56.7M |
| Federated Hermes, Inc. | 0.12% | New | 283,095 | $56.2M |
| Swiss National Bank | 0.04% | Add +8.8% | 281,300 | $55.8M |
| DekaBank Deutsche Girozentrale | 0.10% | Add +15.1% | 254,627 | $51.2M |
| Wells Fargo & Company | 0.01% | Reduce -10.4% | 251,857 | $50.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.03% | Add +7.0% | 240,292 | $47.7M |
| Two Sigma Investments, LP | 0.10% | Add +11.2% | 232,317 | $46.1M |
| Dimensional Fund Advisors LP | 0.01% | Add +7.5% | 200,808 | $39.9M |
| ProShare Advisors LLC | 0.09% | Add +14.9% | 200,093 | $39.7M |
| 1832 Asset Management L.P. | 0.08% | New | 199,600 | $39.6M |
| CIBC Private Wealth Group LLC | 0.08% | Add +1.4% | 221,389 | $39.2M |
| Squarepoint Ops LLC | 0.10% | Add +9.4% | 197,148 | $39.1M |
| Jia Investment Alliance Pte. LTD. | 4.01% | No change | 191,060 | $37.9M |
| Nicholas Company, Inc. | 0.64% | New | 186,972 | $37.1M |
| Northwestern Mutual Wealth Management Co. | 0.03% | Add +2342.9% | 180,235 | $35.8M |
| Ameriprise Financial Inc. | 0.01% | Add +25.6% | 180,112 | $35.7M |
| Baron Capital (BAMCO) | 0.10% | Add +22.2% | 175,654 | $34.9M |
| National Pension Service | 0.03% | Add +11.2% | 171,847 | $34.1M |
| AXA S.A. | 0.11% | Reduce -4.2% | 171,632 | $34.1M |
| CANADA LIFE ASSURANCE Co | 0.06% | Add +7.8% | 163,044 | $32.4M |
| Vident Advisory, LLC | 0.47% | Add +141.7% | 162,471 | $32.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.07% | Add +1.5% | 162,002 | $32.1M |
| Skandinaviska Enskilda Banken AB (publ) | 0.15% | Add +244.7% | 157,411 | $31.2M |
| Schroder Investment Management Group | 0.03% | Add +6.4% | 147,193 | $29.2M |
| Candriam S.C.A. | 0.18% | No change | 145,093 | $28.8M |
| Raymond James Financial Inc. | 0.01% | Reduce -9.6% | 140,655 | $27.9M |
| Thematics Asset Management | 1.41% | Reduce -13.5% | 140,153 | $27.8M |
| Sei Investments Co. | 0.04% | Add +24.6% | 139,981 | $27.8M |
| California Public Employees Retirement System | 0.02% | Add +28.2% | 138,563 | $27.5M |
| Rhumbline Advisers | 0.02% | Add +3.7% | 133,305 | $26.5M |
| California State Teachers Retirement System | 0.03% | Add +7.7% | 132,987 | $26.4M |
| Cresset Asset Management, LLC | 0.13% | Reduce -0.5% | 128,408 | $25.5M |
| Korea Investment CORP | 0.06% | Reduce -6.9% | 126,801 | $25.2M |
| Zurich Insurance Group Ltd | 0.20% | New | 125,909 | $25.0M |
| Pinebridge Investments, L.P. | 0.20% | Add +22.6% | 124,924 | $24.8M |
| BNP Paribas Financial Markets | 0.02% | Reduce -17.9% | 124,482 | $24.7M |
| Millennium Management | 0.02% | Reduce -59.1% | 120,646 | $23.9M |
| Neuberger Berman Group LLC | 0.02% | Reduce -61.1% | 119,864 | $23.8M |
| RPG Investment Advisory, LLC | 1.68% | Add +153.5% | 118,434 | $23.5M |
| Stifel Financial Corp. | 0.02% | Add +2.9% | 115,905 | $23.0M |
| Victory Capital Management Inc. | 0.02% | Add +4.4% | 115,177 | $22.9M |
| Man Group plc | 0.07% | Reduce -24.7% | 112,855 | $22.4M |
| Norges Bank | 0.00% | Reduce -38.8% | 109,020 | $21.6M |
| Citadel Advisors | 0.02% | Reduce -30.6% | 108,819 | $21.6M |
| Caisse de depot et placement du Quebec | 0.05% | Add +433.4% | 108,677 | $21.6M |
| Creative Planning | 0.02% | Reduce -8.6% | 107,974 | $21.4M |
"% of holder's portfolio" is ZS's weight in each manager's 13F, not the share of Zscaler Inc. the manager owns.