Security Snapshot

Zscaler, Inc. - Common Stock (ZS) Institutional Ownership

CUSIP: 98980G102

13F Institutional Holders and Ownership History from Q1 2018 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

875

Shares (Excl. Options)

85,318,862

Price

$224.92

Type / Class
Equity / Common Stock
Symbol
ZS on Nasdaq
Shares outstanding
158,326,435
Price per share
$140.29
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
85,318,862
Total reported value
$19,182,063,202
% of total 13F portfolios
0.01%
Share change
+3,674,447
Value change
+$782,370,094
Number of holders
875
Price from insider filings
$140.29
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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Quick Takeaways

  • ZS - Zscaler, Inc. - Common Stock is tracked under CUSIP 98980G102.
  • 875 institutions reported positions in Q4 2025.
  • Schedule 13D/13G significant owner rows are not currently available.

What Changed

  • Holder count moved from 875 to 21 between Q4 2025 and Q1 2026.
  • Reported value moved from $19,182,063,202 to $22,769,698.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Official SEC Source

Backed by Form 13F

Ownership context comes from SEC Form 13F and, when available, Schedule 13D/13G filings.

See Original Filing

Investment Quick Answers

What is CUSIP 98980G102?
CUSIP 98980G102 identifies ZS - Zscaler, Inc. - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

As of 31 Dec 2025, 875 institutional investors reported holding 85,318,862 shares of Zscaler, Inc. - Common Stock (ZS). This represents 54% of the company’s total 158,326,435 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Zscaler, Inc. - Common Stock (ZS) together control 36% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 7.2% 11,423,424 +0.49% 0.04% $2,569,356,525
BlackRock, Inc. 4.9% 7,830,756 +0.5% 0.03% $1,761,293,784
FMR LLC 2.9% 4,529,502 +12% 0.05% $1,018,775,607
FIRST TRUST ADVISORS LP 1.6% 2,582,897 +16% 0.42% $580,945,140
PRICE T ROWE ASSOCIATES INC /MD/ 1.6% 2,572,358 +43% 0.06% $578,576,000
GOLDMAN SACHS GROUP INC 1.5% 2,412,416 +32% 0.08% $542,600,521
AMERICAN CENTURY COMPANIES INC 1.5% 2,401,772 -0.71% 0.27% $540,206,558
STATE STREET CORP 1.5% 2,337,604 +3.4% 0.02% $525,773,892
GEODE CAPITAL MANAGEMENT, LLC 1.3% 2,069,630 +5% 0.03% $464,782,696
T. Rowe Price Investment Management, Inc. 1.2% 1,928,098 -15% 0.27% $433,668,000
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.1% 1,669,505 -0.89% 0.08% $375,505,066
AQR CAPITAL MANAGEMENT LLC 1% 1,599,045 -18% 0.19% $359,657,113
TIGER GLOBAL MANAGEMENT LLC 1% 1,579,766 -6.1% 1.2% $355,320,969
MORGAN STANLEY 0.98% 1,557,639 +25% 0.02% $350,344,889
Invesco Ltd. 0.93% 1,469,657 +14% 0.05% $330,555,268
UBS Group AG 0.8% 1,269,322 +129% 0.06% $285,495,905
Pictet Asset Management Holding SA 0.8% 1,259,127 +30% 0.28% $283,295,621
FEDERATED HERMES, INC. 0.76% 1,204,917 -6% 0.45% $271,009,932
VOYA INVESTMENT MANAGEMENT LLC 0.6% 950,885 +6% 0.21% $213,873,055
BARCLAYS PLC 0.46% 727,417 +14% 0.07% $163,610,633
NORTHERN TRUST CORP 0.43% 680,449 +1.7% 0.02% $153,046,589
Amundi 0.43% 676,845 -4.2% 0.05% $152,235,977
Legal & General Group Plc 0.41% 645,996 +9.4% 0.03% $145,297,422
Squarepoint Ops LLC 0.4% 633,876 +369% 0.29% $142,571,390
Artisan Partners Limited Partnership 0.37% 593,545 +23% 0.2% $133,500,083

Institutional Holders of Zscaler, Inc. - Common Stock (ZS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 160,994 $22,769,698 +$418,618 $140.29 21
2025 Q4 85,318,862 $19,182,063,202 +$782,370,094 $224.92 875
2025 Q3 81,562,258 $24,431,039,247 -$508,340,044 $299.66 899
2025 Q2 83,161,166 $26,089,553,360 -$24,406,503 $313.94 895
2025 Q1 84,058,713 $16,665,832,129 +$1,661,301,428 $198.42 756
2024 Q4 75,186,013 $13,571,596,607 +$371,010,811 $180.41 748
2024 Q3 72,883,415 $12,487,790,009 +$525,520,922 $170.94 686
2024 Q2 69,895,851 $13,434,061,845 -$57,968,565 $192.19 717
2024 Q1 70,069,296 $13,487,785,431 +$235,963,227 $192.63 723
2023 Q4 68,359,998 $15,145,638,977 +$653,384,089 $221.56 730
2023 Q3 65,656,356 $10,217,333,096 -$271,577,038 $155.59 608
2023 Q2 67,178,857 $9,829,413,250 +$159,679,893 $146.30 582
2023 Q1 67,163,916 $7,841,154,881 +$33,128,464 $116.83 557
2022 Q4 69,779,832 $7,806,144,103 -$51,464,298 $111.90 547
2022 Q3 68,847,062 $11,328,621,196 +$653,531,614 $164.37 585
2022 Q2 64,685,983 $9,687,521,243 +$246,863,175 $149.51 568
2022 Q1 62,891,046 $15,146,614,228 -$297,578,744 $241.28 617
2021 Q4 63,766,501 $20,486,725,743 +$942,093,768 $321.33 644
2021 Q3 61,057,486 $16,007,859,607 +$236,457,750 $262.22 582
2021 Q2 59,968,923 $12,957,951,024 +$1,085,526,860 $216.06 535
2021 Q1 55,253,429 $9,486,524,948 -$224,266,178 $171.67 527
2020 Q4 56,269,180 $11,237,351,698 +$230,511,047 $199.71 503
2020 Q3 55,296,320 $7,779,351,162 +$13,603,921 $140.69 406
2020 Q2 55,360,879 $6,072,579,835 +$333,685,154 $109.50 361
2020 Q1 53,504,420 $3,255,388,346 +$110,465,363 $60.86 269
2019 Q4 51,919,446 $2,414,331,758 +$198,449,313 $46.50 243
2019 Q3 47,106,975 $2,226,020,993 +$58,404,188 $47.26 236
2019 Q2 42,645,272 $3,269,772,581 +$128,921,042 $76.64 268
2019 Q1 43,036,080 $3,051,510,493 +$388,585,478 $70.93 200
2018 Q4 38,239,162 $1,498,643,908 +$265,998,262 $39.21 143
2018 Q3 31,326,021 $1,276,258,668 +$86,980,749 $40.78 147
2018 Q2 30,012,369 $1,072,938,546 +$234,393,347 $35.75 102
2018 Q1 24,016,986 $674,159,724 +$673,541,723 $28.07 86

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