ZscalerZS
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 889 institutions reported holding Zscaler Inc. (ZS) in their 13F filings, down 20 from Q3 2025. 90 opened new positions and 147 sold out. The largest holders were Vanguard Group Inc. ($2.6B), BlackRock, Inc. ($1.8B) and Invesco Ltd. ($1.1B). 10 famous investors held it, including Chase Coleman (1.2% 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 90 | $433.8M |
| Exits | 147 | $162.3M |
All 13F filers, Q3 2025 → Q4 2025: 13,253,355 shares bought and 6,350,255 shares sold, net +6,903,100 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 889 holders
| Vanguard Group Inc. | 0.04% | Add +0.5% | 11,423,424 | $2.6B |
| BlackRock, Inc. | 0.03% | Add +0.5% | 7,830,756 | $1.8B |
| Invesco Ltd. | 0.11% | Add +291.4% | 5,052,401 | $1.1B |
| FMR LLC | 0.05% | Add +12.3% | 4,529,502 | $1.0B |
| First Trust Advisors LP | 0.42% | Add +15.9% | 2,582,897 | $580.9M |
| T. Rowe Price Associates Inc. | 0.06% | Add +43.3% | 2,572,358 | $578.6M |
| Goldman Sachs Group Inc. | 0.08% | Add +31.8% | 2,412,416 | $542.6M |
| American Century Companies Inc. | 0.27% | Reduce -0.7% | 2,401,772 | $540.2M |
| State Street Corp. | 0.02% | Add +3.4% | 2,337,604 | $525.8M |
| Geode Capital Management, LLC | 0.03% | Add +5.0% | 2,069,630 | $464.8M |
| T. Rowe Price Investment Management, Inc. | 0.27% | Reduce -14.6% | 1,928,098 | $433.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.08% | Reduce -0.9% | 1,669,505 | $375.5M |
| AQR Capital Management | 0.19% | Reduce -17.6% | 1,599,045 | $359.7M |
| Tiger Global Management | 1.20% | Reduce -6.2% | 1,579,766 | $355.3M |
| Morgan Stanley | 0.02% | Add +25.4% | 1,557,640 | $350.3M |
| UBS Group AG | 0.06% | Add +129.4% | 1,269,322 | $285.5M |
| Pictet Asset Management Holding SA | 0.28% | Add +30.1% | 1,259,127 | $283.3M |
| Federated Hermes, Inc. | 0.45% | Reduce -6.0% | 1,204,917 | $271.0M |
| Voya Investment Management LLC | 0.24% | Add +6.0% | 950,885 | $213.9M |
| Barclays PLC | 0.07% | Add +13.7% | 727,417 | $163.6M |
| Northern Trust Corp. | 0.02% | Add +1.7% | 680,449 | $153.0M |
| Amundi | 0.05% | Reduce -4.2% | 676,845 | $152.2M |
| Legal & General Group Plc | 0.03% | Add +9.4% | 645,996 | $145.3M |
| Squarepoint Ops LLC | 0.29% | Add +369.1% | 633,876 | $142.6M |
| Artisan Partners Limited Partnership | 0.20% | Add +22.9% | 593,545 | $133.5M |
| Nuveen, LLC | 0.03% | Add +0.1% | 551,376 | $124.0M |
| Bank of America Corp. | 0.01% | Add +10.0% | 539,919 | $121.4M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +5.0% | 492,694 | $110.8M |
| Citigroup Inc. | 0.07% | Add +6.6% | 483,905 | $108.8M |
| Deutsche Bank AG | 0.04% | Reduce -17.6% | 476,539 | $107.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.16% | Reduce -11.4% | 461,805 | $103.9M |
| Bank of New York Mellon Corp | 0.02% | Add +1.2% | 458,314 | $103.1M |
| Arrowstreet Capital, Limited Partnership | 0.06% | Add +47.4% | 427,992 | $96.3M |
| Skandinaviska Enskilda Banken AB (publ) | 0.38% | Add +6.4% | 420,086 | $94.5M |
| Penserra Capital Management LLC | 1.04% | Add +9.0% | 387,626 | $87.2M |
| Qube Research & Technologies Ltd | 0.12% | Add +61.2% | 380,391 | $85.6M |
| Janus Henderson Group PLC | 0.04% | Add +30.8% | 368,403 | $82.9M |
| D. E. Shaw & Co. | 0.07% | Reduce -70.6% | 364,113 | $81.9M |
| Norges Bank | 0.01% | — | 354,626 | $79.8M |
| Alyeska Investment Group, L.P. | 0.21% | Reduce -8.2% | 335,147 | $75.4M |
| JPMorgan Chase & Co. | 0.01% | Reduce -19.0% | 334,095 | $75.1M |
| Champlain Investment Partners, LLC | 0.76% | Reduce -15.9% | 331,884 | $74.6M |
| LBP Am SA | 0.84% | Add +35.9% | 322,488 | $72.5M |
| Ameriprise Financial Inc. | 0.02% | Reduce -15.4% | 313,263 | $70.5M |
| Raymond James Financial Inc. | 0.02% | Reduce -8.1% | 300,163 | $68.1M |
| Jacobs Levy Equity Management, Inc. | 0.26% | Add +262.3% | 301,109 | $67.7M |
| Ensign Peak Advisors, Inc | 0.12% | Reduce -2.9% | 289,559 | $65.1M |
| Swiss National Bank | 0.04% | Reduce -3.3% | 282,000 | $63.4M |
| Westfield Capital Management Co. LP | 0.26% | New | 280,807 | $63.2M |
| Neuberger Berman Group LLC | 0.05% | Reduce -23.0% | 280,012 | $63.0M |
| Holocene Advisors, LP | 0.13% | New | 280,000 | $63.0M |
| Canada Pension Plan Investment Board | 0.04% | Add +16.6% | 279,693 | $62.9M |
| Nicholas Company, Inc. | 1.03% | Reduce -0.0% | 262,697 | $59.1M |
| Liontrust Investment Partners LLP | 0.86% | New | 258,925 | $58.2M |
| TD Asset Management Inc | 0.05% | Add +0.9% | 257,428 | $57.9M |
| Franklin Resources Inc. | 0.01% | Reduce -36.0% | 251,663 | $56.6M |
| Sumitomo Mitsui Trust Group, Inc. | 0.03% | Add +0.6% | 250,960 | $56.4M |
| ProShare Advisors LLC | 0.10% | Add +46.3% | 249,609 | $56.1M |
| Robeco Institutional Asset Management B.V. | 0.08% | Reduce -36.0% | 249,036 | $56.0M |
| Man Group plc | 0.11% | Add +97.6% | 248,861 | $56.0M |
| Dimensional Fund Advisors LP | 0.01% | Add +4.5% | 240,044 | $54.0M |
| Citadel Advisors | 0.04% | Add +36.2% | 240,053 | $54.0M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.06% | New | 227,417 | $51.2M |
| Royal Bank of Canada | 0.01% | Add +43.4% | 227,003 | $51.1M |
| Nomura Asset Management International Inc. | 0.08% | — | 225,375 | $50.7M |
| Nomura Asset Management Co. Ltd. | 0.13% | Add +4.7% | 221,565 | $49.8M |
| Bank of Montreal | 0.02% | Add +87.6% | 215,648 | $48.5M |
| Wells Fargo & Company | 0.01% | Reduce -4.5% | 214,750 | $48.3M |
| Northwestern Mutual Wealth Management Co. | 0.03% | Add +4.1% | 210,784 | $47.4M |
| Danica Pension, Livsforsikringsaktieselskab | 0.67% | Reduce -29.5% | 207,836 | $46.7M |
| Two Sigma Investments, LP | 0.07% | Reduce -63.9% | 201,417 | $45.3M |
| BNP Paribas Financial Markets | 0.03% | Add +14.6% | 199,032 | $44.8M |
| Vident Advisory, LLC | 0.42% | Reduce -13.0% | 198,033 | $44.5M |
| Jia Investment Alliance Pte. LTD. | 3.95% | No change | 191,060 | $43.0M |
| Baron Capital (BAMCO) | 0.12% | Add +3.9% | 190,968 | $43.0M |
| DekaBank Deutsche Girozentrale | 0.07% | No change | 221,212 | $42.9M |
| Panagora Asset Management Inc. | 0.15% | Add +3.4% | 184,741 | $41.6M |
| Candriam S.C.A. | 0.21% | Add +7.1% | 182,989 | $41.2M |
| National Pension Service | 0.03% | Add +3.4% | 179,825 | $40.4M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.07% | Add +299.6% | 178,836 | $40.2M |
| California Public Employees Retirement System | 0.02% | Add +7.4% | 177,459 | $39.9M |
| Greenvale Capital LLP | 3.69% | New | 175,000 | $39.4M |
| Keybank National Association | 0.14% | Reduce -30.1% | 169,727 | $38.2M |
| Credit Agricole S A | 0.10% | Reduce -20.3% | 168,140 | $37.8M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.06% | Add +10.8% | 166,821 | $37.6M |
| Rhumbline Advisers | 0.03% | Reduce -0.8% | 163,638 | $36.8M |
| Jain Global LLC | 0.37% | Add +41.7% | 160,461 | $36.1M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.07% | Reduce -7.3% | 153,376 | $34.5M |
| Stifel Financial Corp. | 0.03% | Reduce -0.6% | 151,913 | $34.2M |
| Creative Planning | 0.02% | Add +43.8% | 147,539 | $33.2M |
| Rokos Capital Management LLP | 0.49% | No change | 147,317 | $33.1M |
| CIBC Private Wealth Group LLC | 0.05% | Reduce -6.7% | 143,808 | $32.3M |
| California State Teachers Retirement System | 0.03% | Add +0.9% | 142,232 | $32.0M |
| Capital Impact Advisors, LLC | 2.48% | New | 141,188 | $31.8M |
| Victory Capital Management Inc. | 0.02% | Reduce -3.3% | 138,644 | $31.2M |
| Wellington Management Group LLP | 0.01% | Reduce -27.4% | 134,089 | $30.2M |
| Schroder Investment Management Group | 0.02% | Reduce -4.6% | 130,932 | $29.4M |
| Cresset Asset Management, LLC | 0.12% | Add +0.7% | 127,129 | $28.6M |
| CANADA LIFE ASSURANCE Co | 0.05% | Reduce -26.3% | 125,173 | $28.2M |
| SG Americas Securities, LLC | 0.03% | Add +1519.9% | 116,128 | $26.1M |
"% of holder's portfolio" is ZS's weight in each manager's 13F, not the share of Zscaler Inc. the manager owns.